TURNING POINT BRANDS INC (TPB) Stock Fundamental Analysis
USA - NYSE:TPB - US90041L1052 - Common Stock
91.16 USD
+3.4 (+3.87%)
91.16 USD
0 (0%)
TPB gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 8 industry peers in the Tobacco industry. TPB has outstanding health and profitabily ratings, belonging to the best of the industry. This is a solid base for any company. TPB is valied quite expensively at the moment, while it does show a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year TPB was profitable.
In the past year TPB had a positive cash flow from operations.
Each year in the past 5 years TPB has been profitable.
Each year in the past 5 years TPB had a positive operating cash flow.
1.2 Ratios
With a decent Return On Assets value of 7.33%, TPB is doing good in the industry, outperforming 75.00% of the companies in the same industry.
The Return On Equity of TPB (19.98%) is better than 100.00% of its industry peers.
The Return On Invested Capital of TPB (12.78%) is better than 75.00% of its industry peers.
TPB had an Average Return On Invested Capital over the past 3 years of 14.60%. This is in line with the industry average of 14.43%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 7.33% | ||
| ROE | 19.98% | ||
| ROIC | 12.78% |
ROA(3y)5.62%
ROA(5y)6.64%
ROE(3y)19.02%
ROE(5y)26.08%
ROIC(3y)14.6%
ROIC(5y)13.74%
1.3 Margins
TPB has a Profit Margin (11.55%) which is in line with its industry peers.
In the last couple of years the Profit Margin of TPB has grown nicely.
The Operating Margin of TPB (26.40%) is better than 75.00% of its industry peers.
In the last couple of years the Operating Margin of TPB has grown nicely.
TPB has a Gross Margin of 58.72%. This is in the better half of the industry: TPB outperforms 62.50% of its industry peers.
TPB's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 26.4% | ||
| PM (TTM) | 11.55% | ||
| GM | 58.72% |
OM growth 3Y3.56%
OM growth 5Y12.4%
PM growth 3Y-1.91%
PM growth 5Y19.79%
GM growth 3Y4.56%
GM growth 5Y8.09%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), TPB is creating some value.
TPB has more shares outstanding than it did 1 year ago.
Compared to 5 years ago, TPB has less shares outstanding
Compared to 1 year ago, TPB has an improved debt to assets ratio.
2.2 Solvency
TPB has an Altman-Z score of 4.55. This indicates that TPB is financially healthy and has little risk of bankruptcy at the moment.
With an excellent Altman-Z score value of 4.55, TPB belongs to the best of the industry, outperforming 87.50% of the companies in the same industry.
TPB has a debt to FCF ratio of 5.61. This is a neutral value as TPB would need 5.61 years to pay back of all of its debts.
TPB's Debt to FCF ratio of 5.61 is fine compared to the rest of the industry. TPB outperforms 62.50% of its industry peers.
A Debt/Equity ratio of 1.34 is on the high side and indicates that TPB has dependencies on debt financing.
TPB has a Debt to Equity ratio of 1.34. This is in the lower half of the industry: TPB underperforms 62.50% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.34 | ||
| Debt/FCF | 5.61 | ||
| Altman-Z | 4.55 |
ROIC/WACC1.44
WACC8.89%
2.3 Liquidity
A Current Ratio of 4.22 indicates that TPB has no problem at all paying its short term obligations.
TPB has a better Current ratio (4.22) than 87.50% of its industry peers.
A Quick Ratio of 2.67 indicates that TPB has no problem at all paying its short term obligations.
Looking at the Quick ratio, with a value of 2.67, TPB belongs to the top of the industry, outperforming 87.50% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 4.22 | ||
| Quick Ratio | 2.67 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an nice 15.43% over the past year.
The Earnings Per Share has been growing by 12.90% on average over the past years. This is quite good.
Looking at the last year, TPB shows a decrease in Revenue. The Revenue has decreased by -6.49% in the last year.
Measured over the past years, TPB shows a decrease in Revenue. The Revenue has been decreasing by -0.07% on average per year.
EPS 1Y (TTM)15.43%
EPS 3Y5.44%
EPS 5Y12.9%
EPS Q2Q%10.11%
Revenue 1Y (TTM)-6.49%
Revenue growth 3Y-6.8%
Revenue growth 5Y-0.07%
Sales Q2Q%7.48%
3.2 Future
TPB is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 4.49% yearly.
Based on estimates for the next years, TPB will show a quite strong growth in Revenue. The Revenue will grow by 11.37% on average per year.
EPS Next Y0.29%
EPS Next 2Y4.49%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year14.37%
Revenue Next 2Y11.37%
Revenue Next 3YN/A
Revenue Next 5YN/A
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 decreasing.
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
TPB is valuated rather expensively with a Price/Earnings ratio of 24.37.
TPB's Price/Earnings is on the same level as the industry average.
When comparing the Price/Earnings ratio of TPB to the average of the S&P500 Index (26.83), we can say TPB is valued inline with the index average.
A Price/Forward Earnings ratio of 23.59 indicates a rather expensive valuation of TPB.
Based on the Price/Forward Earnings ratio, TPB is valued a bit more expensive than the industry average as 75.00% of the companies are valued more cheaply.
TPB is valuated at similar levels of the S&P average when we compare the Price/Forward Earnings ratio to 22.82, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 24.37 | ||
| Fwd PE | 23.59 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, TPB is valued a bit cheaper than the industry average as 75.00% of the companies are valued more expensively.
62.50% of the companies in the same industry are cheaper than TPB, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 31.42 | ||
| EV/EBITDA | 16.72 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates TPB does not grow enough to justify the current Price/Earnings ratio.
The decent profitability rating of TPB may justify a higher PE ratio.
PEG (NY)85.01
PEG (5Y)1.89
EPS Next 2Y4.49%
EPS Next 3YN/A
5. Dividend
5.1 Amount
TPB has a yearly dividend return of 0.34%, which is pretty low.
TPB's Dividend Yield is slightly below the industry average, which is at 3.98.
Compared to an average S&P500 Dividend Yield of 2.34, TPB's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.34% |
5.2 History
On average, the dividend of TPB grows each year by 9.10%, which is quite nice.
TPB has been paying a dividend for over 5 years, so it has already some track record.
TPB has not decreased its dividend in the past 5 years, so it has a somewhat stable track record.
Dividend Growth(5Y)9.1%
Div Incr Years7
Div Non Decr Years7
5.3 Sustainability
11.97% of the earnings are spent on dividend by TPB. This is a low number and sustainable payout ratio.
The dividend of TPB is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP11.97%
EPS Next 2Y4.49%
EPS Next 3YN/A
91.16
+3.4 (+3.87%)
Chartmill FA Rating
GICS SectorConsumer Staples
GICS IndustryGroupFood, Beverage & Tobacco
GICS IndustryTobacco
Earnings (Last)
Earnings (Next)
Inst Owners95.29%
Inst Owner Change-0.06%
Ins Owners4.31%
Ins Owner Change-0.31%
Market Cap1.64B
Revenue(TTM)378.16M
Net Income(TTM)43.67M
Analysts80
Price Target109.91 (20.57%)
Short Float %7.08%
Short Ratio3.18
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.34% |
Yearly Dividend0.28
Dividend Growth(5Y)9.1%
DP11.97%
Div Incr Years7
Div Non Decr Years7
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)17.28%
Min EPS beat(2)15.51%
Max EPS beat(2)19.05%
EPS beat(4)4
Avg EPS beat(4)15%
Min EPS beat(4)6.63%
Max EPS beat(4)19.05%
EPS beat(8)8
Avg EPS beat(8)16.89%
EPS beat(12)12
Avg EPS beat(12)19.46%
EPS beat(16)15
Avg EPS beat(16)20.02%
Revenue beat(2)2
Avg Revenue beat(2)9.6%
Min Revenue beat(2)9.15%
Max Revenue beat(2)10.06%
Revenue beat(4)3
Avg Revenue beat(4)5.14%
Min Revenue beat(4)-2.45%
Max Revenue beat(4)10.06%
Revenue beat(8)6
Avg Revenue beat(8)5.19%
Revenue beat(12)10
Avg Revenue beat(12)4.3%
Revenue beat(16)11
Avg Revenue beat(16)2.79%
PT rev (1m)0%
PT rev (3m)19.06%
EPS NQ rev (1m)-6.15%
EPS NQ rev (3m)-10.13%
EPS NY rev (1m)-2.12%
EPS NY rev (3m)-1.42%
Revenue NQ rev (1m)-1.07%
Revenue NQ rev (3m)-0.38%
Revenue NY rev (1m)0%
Revenue NY rev (3m)3.26%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 24.37 | ||
| Fwd PE | 23.59 | ||
| P/S | 4.34 | ||
| P/FCF | 31.42 | ||
| P/OCF | 27.28 | ||
| P/B | 7.52 | ||
| P/tB | 223.62 | ||
| EV/EBITDA | 16.72 |
EPS(TTM)3.74
EY4.1%
EPS(NY)3.86
Fwd EY4.24%
FCF(TTM)2.9
FCFY3.18%
OCF(TTM)3.34
OCFY3.67%
SpS20.99
BVpS12.13
TBVpS0.41
PEG (NY)85.01
PEG (5Y)1.89
Graham Number31.95
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 7.33% | ||
| ROE | 19.98% | ||
| ROCE | 18.9% | ||
| ROIC | 12.78% | ||
| ROICexc | 16.14% | ||
| ROICexgc | 32.6% | ||
| OM | 26.4% | ||
| PM (TTM) | 11.55% | ||
| GM | 58.72% | ||
| FCFM | 13.82% |
ROA(3y)5.62%
ROA(5y)6.64%
ROE(3y)19.02%
ROE(5y)26.08%
ROIC(3y)14.6%
ROIC(5y)13.74%
ROICexc(3y)18.04%
ROICexc(5y)16.79%
ROICexgc(3y)39.88%
ROICexgc(5y)38.44%
ROCE(3y)21.59%
ROCE(5y)20.32%
ROICexgc growth 3Y-5.27%
ROICexgc growth 5Y-0.15%
ROICexc growth 3Y-1.1%
ROICexc growth 5Y5.59%
OM growth 3Y3.56%
OM growth 5Y12.4%
PM growth 3Y-1.91%
PM growth 5Y19.79%
GM growth 3Y4.56%
GM growth 5Y8.09%
F-Score6
Asset Turnover0.63
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.34 | ||
| Debt/FCF | 5.61 | ||
| Debt/EBITDA | 2.78 | ||
| Cap/Depr | 139.51% | ||
| Cap/Sales | 2.1% | ||
| Interest Coverage | 13.77 | ||
| Cash Conversion | 57.06% | ||
| Profit Quality | 119.7% | ||
| Current Ratio | 4.22 | ||
| Quick Ratio | 2.67 | ||
| Altman-Z | 4.55 |
F-Score6
WACC8.89%
ROIC/WACC1.44
Cap/Depr(3y)105.5%
Cap/Depr(5y)112.31%
Cap/Sales(3y)1.63%
Cap/Sales(5y)1.56%
Profit Quality(3y)170.18%
Profit Quality(5y)145.59%
High Growth Momentum
Growth
EPS 1Y (TTM)15.43%
EPS 3Y5.44%
EPS 5Y12.9%
EPS Q2Q%10.11%
EPS Next Y0.29%
EPS Next 2Y4.49%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)-6.49%
Revenue growth 3Y-6.8%
Revenue growth 5Y-0.07%
Sales Q2Q%7.48%
Revenue Next Year14.37%
Revenue Next 2Y11.37%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y5.77%
EBIT growth 3Y-3.48%
EBIT growth 5Y12.32%
EBIT Next Year35.6%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y14.49%
FCF growth 3Y0.2%
FCF growth 5Y13.62%
OCF growth 1Y18.88%
OCF growth 3Y-0.57%
OCF growth 5Y12.15%
TURNING POINT BRANDS INC / TPB FAQ
What is the fundamental rating for TPB stock?
ChartMill assigns a fundamental rating of 5 / 10 to TPB.
What is the valuation status for TPB stock?
ChartMill assigns a valuation rating of 2 / 10 to TURNING POINT BRANDS INC (TPB). This can be considered as Overvalued.
How profitable is TURNING POINT BRANDS INC (TPB) stock?
TURNING POINT BRANDS INC (TPB) has a profitability rating of 7 / 10.
Can you provide the PE and PB ratios for TPB stock?
The Price/Earnings (PE) ratio for TURNING POINT BRANDS INC (TPB) is 24.37 and the Price/Book (PB) ratio is 7.52.
What is the earnings growth outlook for TURNING POINT BRANDS INC?
The Earnings per Share (EPS) of TURNING POINT BRANDS INC (TPB) is expected to grow by 0.29% in the next year.