SPECTRUM BRANDS HOLDINGS INC (SPB) Stock Fundamental Analysis
NYSE:SPB - US84790A1051 - Common Stock
56.4 USD
-0.12 (-0.21%)
Taking everything into account, SPB scores 4 out of 10 in our fundamental rating. SPB was compared to 12 industry peers in the Household Products industry. SPB scores quite bad on profitability, while its financial health is fine. Not spectacular, but in line with the averages. SPB has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
SPB had positive earnings in the past year.
SPB had a positive operating cash flow in the past year.
Each year in the past 5 years SPB has been profitable.
The reported operating cash flow has been mixed in the past 5 years: SPB reported negative operating cash flow in multiple years.
1.2 Ratios
Looking at the Return On Assets, with a value of 2.06%, SPB is doing worse than 91.67% of the companies in the same industry.
SPB's Return On Equity of 3.85% is on the low side compared to the rest of the industry. SPB is outperformed by 91.67% of its industry peers.
With a Return On Invested Capital value of 3.47%, SPB is not doing good in the industry: 91.67% of the companies in the same industry are doing better.
The Average Return On Invested Capital over the past 3 years for SPB is significantly below the industry average of 15.56%.
The 3 year average ROIC (1.45%) for SPB is below the current ROIC(3.47%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.06% | ||
| ROE | 3.85% | ||
| ROIC | 3.47% |
ROA(3y)12.92%
ROA(5y)8.84%
ROE(3y)27.68%
ROE(5y)20.57%
ROIC(3y)1.45%
ROIC(5y)2.57%
1.3 Margins
Looking at the Profit Margin, with a value of 2.56%, SPB is doing worse than 91.67% of the companies in the same industry.
SPB's Profit Margin has declined in the last couple of years.
With a Operating Margin value of 6.00%, SPB is not doing good in the industry: 91.67% of the companies in the same industry are doing better.
SPB's Operating Margin has declined in the last couple of years.
The Gross Margin of SPB (37.32%) is comparable to the rest of the industry.
In the last couple of years the Gross Margin of SPB has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 6% | ||
| PM (TTM) | 2.56% | ||
| GM | 37.32% |
OM growth 3Y-1.23%
OM growth 5Y-5.32%
PM growth 3Y-12.68%
PM growth 5Y-19.44%
GM growth 3Y2.68%
GM growth 5Y1.67%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), SPB is destroying value.
The number of shares outstanding for SPB has been reduced compared to 1 year ago.
The number of shares outstanding for SPB has been reduced compared to 5 years ago.
Compared to 1 year ago, SPB has an improved debt to assets ratio.
2.2 Solvency
SPB has an Altman-Z score of 2.59. This is not the best score and indicates that SPB is in the grey zone with still only limited risk for bankruptcy at the moment.
With a Altman-Z score value of 2.59, SPB perfoms like the industry average, outperforming 50.00% of the companies in the same industry.
SPB has a debt to FCF ratio of 8.88. This is a slightly negative value and a sign of low solvency as SPB would need 8.88 years to pay back of all of its debts.
SPB's Debt to FCF ratio of 8.88 is on the low side compared to the rest of the industry. SPB is outperformed by 83.33% of its industry peers.
A Debt/Equity ratio of 0.35 indicates that SPB is not too dependend on debt financing.
The Debt to Equity ratio of SPB (0.35) is better than 83.33% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.35 | ||
| Debt/FCF | 8.88 | ||
| Altman-Z | 2.59 |
ROIC/WACC0.51
WACC6.79%
2.3 Liquidity
A Current Ratio of 2.42 indicates that SPB has no problem at all paying its short term obligations.
SPB has a better Current ratio (2.42) than 66.67% of its industry peers.
SPB has a Quick Ratio of 1.50. This is a normal value and indicates that SPB is financially healthy and should not expect problems in meeting its short term obligations.
Looking at the Quick ratio, with a value of 1.50, SPB is in the better half of the industry, outperforming 66.67% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.42 | ||
| Quick Ratio | 1.5 |
3. Growth
3.1 Past
The earnings per share for SPB have decreased strongly by -19.55% in the last year.
SPB shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 8.67% yearly.
SPB shows a decrease in Revenue. In the last year, the revenue decreased by -2.78%.
The Revenue has been decreasing by -4.86% on average over the past years.
EPS 1Y (TTM)-19.55%
EPS 3Y-8.53%
EPS 5Y8.67%
EPS Q2Q%12.73%
Revenue 1Y (TTM)-2.78%
Revenue growth 3Y-0.38%
Revenue growth 5Y-4.86%
Sales Q2Q%-10.24%
3.2 Future
Based on estimates for the next years, SPB will show a very strong growth in Earnings Per Share. The EPS will grow by 20.15% on average per year.
The Revenue is expected to grow by 1.04% on average over the next years.
EPS Next Y-13.01%
EPS Next 2Y0.29%
EPS Next 3Y3.28%
EPS Next 5Y20.15%
Revenue Next Year-3.94%
Revenue Next 2Y-1.79%
Revenue Next 3Y-1.06%
Revenue Next 5Y1.04%
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 14.42, SPB is valued correctly.
SPB's Price/Earnings ratio is in line with the industry average.
Compared to an average S&P500 Price/Earnings ratio of 27.14, SPB is valued a bit cheaper.
With a Price/Forward Earnings ratio of 12.55, SPB is valued correctly.
Compared to the rest of the industry, the Price/Forward Earnings ratio of SPB indicates a rather cheap valuation: SPB is cheaper than 83.33% of the companies listed in the same industry.
When comparing the Price/Forward Earnings ratio of SPB to the average of the S&P500 Index (22.80), we can say SPB is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.42 | ||
| Fwd PE | 12.55 |
4.2 Price Multiples
SPB's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. SPB is cheaper than 100.00% of the companies in the same industry.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of SPB indicates a somewhat cheap valuation: SPB is cheaper than 66.67% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 18.18 | ||
| EV/EBITDA | 7.07 |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)1.66
EPS Next 2Y0.29%
EPS Next 3Y3.28%
5. Dividend
5.1 Amount
SPB has a Yearly Dividend Yield of 3.45%.
Compared to an average industry Dividend Yield of 2.89, SPB pays a bit more dividend than its industry peers.
SPB's Dividend Yield is a higher than the S&P500 average which is at 2.34.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.45% |
5.2 History
The dividend of SPB decreases each year by -0.88%.
SPB has been paying a dividend for at least 10 years, so it has a reliable track record.
The dividend of SPB decreased recently.
Dividend Growth(5Y)-0.88%
Div Incr Years1
Div Non Decr Years1
5.3 Sustainability
SPB pays out 66.80% of its income as dividend. This is not a sustainable payout ratio.
DP66.8%
EPS Next 2Y0.29%
EPS Next 3Y3.28%
NYSE:SPB (8/28/2025, 10:07:31 AM)
56.4
-0.12 (-0.21%)
Chartmill FA Rating
GICS SectorConsumer Staples
GICS IndustryGroupHousehold & Personal Products
GICS IndustryHousehold Products
Earnings (Last)
Earnings (Next)
Inst Owners103.89%
Inst Owner Change4.08%
Ins Owners3.52%
Ins Owner Change-0.11%
Market Cap1.37B
Analysts77.14
Price Target80.2 (42.2%)
Short Float %13.56%
Short Ratio4.67
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.45% |
Yearly Dividend1.6
Dividend Growth(5Y)-0.88%
DP66.8%
Div Incr Years1
Div Non Decr Years1
Ex-Date
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-28.06%
Min EPS beat(2)-51.95%
Max EPS beat(2)-4.18%
EPS beat(4)1
Avg EPS beat(4)-14.37%
Min EPS beat(4)-51.95%
Max EPS beat(4)8.72%
EPS beat(8)4
Avg EPS beat(8)25.21%
EPS beat(12)5
Avg EPS beat(12)6.67%
EPS beat(16)5
Avg EPS beat(16)-9.57%
Revenue beat(2)0
Avg Revenue beat(2)-5.22%
Min Revenue beat(2)-6.67%
Max Revenue beat(2)-3.78%
Revenue beat(4)1
Avg Revenue beat(4)-2.4%
Min Revenue beat(4)-6.67%
Max Revenue beat(4)2.51%
Revenue beat(8)4
Avg Revenue beat(8)-0.73%
Revenue beat(12)4
Avg Revenue beat(12)-2.51%
Revenue beat(16)6
Avg Revenue beat(16)-11.59%
PT rev (1m)-2.63%
PT rev (3m)-14.88%
EPS NQ rev (1m)10.68%
EPS NQ rev (3m)-23.76%
EPS NY rev (1m)-0.88%
EPS NY rev (3m)-17.18%
Revenue NQ rev (1m)3.66%
Revenue NQ rev (3m)-4.94%
Revenue NY rev (1m)-0.7%
Revenue NY rev (3m)-2.3%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.42 | ||
| Fwd PE | 12.55 | ||
| P/S | 0.48 | ||
| P/FCF | 18.18 | ||
| P/OCF | 12.06 | ||
| P/B | 0.72 | ||
| P/tB | 18.73 | ||
| EV/EBITDA | 7.07 |
EPS(TTM)3.91
EY6.93%
EPS(NY)4.5
Fwd EY7.97%
FCF(TTM)3.1
FCFY5.5%
OCF(TTM)4.68
OCFY8.29%
SpS117.69
BVpS78.22
TBVpS3.01
PEG (NY)N/A
PEG (5Y)1.66
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.06% | ||
| ROE | 3.85% | ||
| ROCE | 5.72% | ||
| ROIC | 3.47% | ||
| ROICexc | 3.62% | ||
| ROICexgc | 9.92% | ||
| OM | 6% | ||
| PM (TTM) | 2.56% | ||
| GM | 37.32% | ||
| FCFM | 2.64% |
ROA(3y)12.92%
ROA(5y)8.84%
ROE(3y)27.68%
ROE(5y)20.57%
ROIC(3y)1.45%
ROIC(5y)2.57%
ROICexc(3y)1.72%
ROICexc(5y)2.93%
ROICexgc(3y)5.24%
ROICexgc(5y)9.84%
ROCE(3y)2.39%
ROCE(5y)4.23%
ROICexcg growth 3Y25.17%
ROICexcg growth 5Y-16.32%
ROICexc growth 3Y10.88%
ROICexc growth 5Y-5.83%
OM growth 3Y-1.23%
OM growth 5Y-5.32%
PM growth 3Y-12.68%
PM growth 5Y-19.44%
GM growth 3Y2.68%
GM growth 5Y1.67%
F-Score7
Asset Turnover0.8
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.35 | ||
| Debt/FCF | 8.88 | ||
| Debt/EBITDA | 2.42 | ||
| Cap/Depr | 38.25% | ||
| Cap/Sales | 1.34% | ||
| Interest Coverage | 6.95 | ||
| Cash Conversion | 41.83% | ||
| Profit Quality | 103.02% | ||
| Current Ratio | 2.42 | ||
| Quick Ratio | 1.5 | ||
| Altman-Z | 2.59 |
F-Score7
WACC6.79%
ROIC/WACC0.51
Cap/Depr(3y)57.46%
Cap/Depr(5y)50.14%
Cap/Sales(3y)1.85%
Cap/Sales(5y)1.71%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-19.55%
EPS 3Y-8.53%
EPS 5Y8.67%
EPS Q2Q%12.73%
EPS Next Y-13.01%
EPS Next 2Y0.29%
EPS Next 3Y3.28%
EPS Next 5Y20.15%
Revenue 1Y (TTM)-2.78%
Revenue growth 3Y-0.38%
Revenue growth 5Y-4.86%
Sales Q2Q%-10.24%
Revenue Next Year-3.94%
Revenue Next 2Y-1.79%
Revenue Next 3Y-1.06%
Revenue Next 5Y1.04%
EBIT growth 1Y3.83%
EBIT growth 3Y-1.61%
EBIT growth 5Y-9.92%
EBIT Next Year47.03%
EBIT Next 3Y12.19%
EBIT Next 5YN/A
FCF growth 1Y-40.35%
FCF growth 3Y-21.46%
FCF growth 5YN/A
OCF growth 1Y-40.07%
OCF growth 3Y-17.39%
OCF growth 5Y171.61%