TURNING POINT BRANDS INC (TPB) Stock Fundamental Analysis
USA - NYSE:TPB - US90041L1052 - Common Stock
101.5 USD
+0.6 (+0.59%)
101.5 USD
0 (0%)
Taking everything into account, TPB scores 5 out of 10 in our fundamental rating. TPB was compared to 8 industry peers in the Tobacco industry. While TPB has a great profitability rating, there are some minor concerns on its financial health. TPB is valied quite expensively at the moment, while it does show a decent growth rate.
1. Profitability
1.1 Basic Checks
TPB had positive earnings in the past year.
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 7.05%, TPB is doing good in the industry, outperforming 75.00% of the companies in the same industry.
TPB's Return On Equity of 15.23% is amongst the best of the industry. TPB outperforms 100.00% of its industry peers.
TPB's Return On Invested Capital of 10.36% is fine compared to the rest of the industry. TPB outperforms 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 14.16%.
The 3 year average ROIC (14.60%) for TPB is well above the current ROIC(10.36%). The reason for the recent decline needs to be investigated.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 7.05% | ||
| ROE | 15.23% | ||
| ROIC | 10.36% |
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's Profit Margin of 13.38% is fine compared to the rest of the industry. TPB outperforms 62.50% of its industry peers.
In the last couple of years the Profit Margin of TPB has grown nicely.
TPB has a Operating Margin of 26.28%. This is in the better half of the industry: TPB outperforms 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 60.99%. This is in the better half of the industry: TPB outperforms 62.50% of its industry peers.
In the last couple of years the Gross Margin of TPB has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 26.28% | ||
| PM (TTM) | 13.38% | ||
| GM | 60.99% |
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
TPB has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
Compared to 1 year ago, TPB has more shares outstanding
The number of shares outstanding for TPB has been reduced compared to 5 years ago.
TPB has a better debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 4.61 indicates that TPB is not in any danger for bankruptcy at the moment.
The Altman-Z score of TPB (4.61) is better than 87.50% of its industry peers.
The Debt to FCF ratio of TPB is 7.53, which is on the high side as it means it would take TPB, 7.53 years of fcf income to pay off all of its debts.
The Debt to FCF ratio of TPB (7.53) is worse than 62.50% of its industry peers.
A Debt/Equity ratio of 0.85 indicates that TPB is somewhat dependend on debt financing.
TPB has a Debt to Equity ratio of 0.85. This is comparable to the rest of the industry: TPB outperforms 50.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.85 | ||
| Debt/FCF | 7.53 | ||
| Altman-Z | 4.61 |
ROIC/WACC1.17
WACC8.82%
2.3 Liquidity
A Current Ratio of 5.56 indicates that TPB has no problem at all paying its short term obligations.
Looking at the Current ratio, with a value of 5.56, TPB belongs to the top of the industry, outperforming 87.50% of the companies in the same industry.
A Quick Ratio of 3.98 indicates that TPB has no problem at all paying its short term obligations.
With an excellent Quick ratio value of 3.98, TPB belongs to the best of the industry, outperforming 87.50% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 5.56 | ||
| Quick Ratio | 3.98 |
3. Growth
3.1 Past
TPB shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 17.01%, which is quite good.
TPB shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 12.90% yearly.
The Revenue has decreased by -4.11% in the past 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)17.01%
EPS 3Y5.44%
EPS 5Y12.9%
EPS Q2Q%20.69%
Revenue 1Y (TTM)-4.11%
Revenue growth 3Y-6.8%
Revenue growth 5Y-0.07%
Sales Q2Q%12.65%
3.2 Future
The Earnings Per Share is expected to grow by 4.49% on average over the next years.
The Revenue is expected to grow by 11.37% on average over the next years. This is quite good.
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
The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 25.89, the valuation of TPB can be described as expensive.
TPB's Price/Earnings ratio is a bit more expensive when compared to the industry. TPB is more expensive than 62.50% of the companies in the same industry.
TPB's Price/Earnings ratio indicates a similar valuation than the S&P500 average which is at 25.51.
TPB is valuated quite expensively with a Price/Forward Earnings ratio of 26.26.
TPB's Price/Forward Earnings ratio is a bit more expensive when compared to the industry. TPB is more expensive than 62.50% of the companies in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 34.98. TPB is valued slightly cheaper when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 25.89 | ||
| Fwd PE | 26.26 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, TPB is valued a bit cheaper than the industry average as 62.50% of the companies are valued more expensively.
Based on the Price/Free Cash Flow ratio, TPB is valued a bit more expensive than the industry average as 62.50% of the companies are valued more cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 46.94 | ||
| EV/EBITDA | 17.65 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
TPB has an outstanding profitability rating, which may justify a higher PE ratio.
PEG (NY)90.31
PEG (5Y)2.01
EPS Next 2Y4.49%
EPS Next 3YN/A
5. Dividend
5.1 Amount
TPB has a yearly dividend return of 0.31%, which is pretty low.
TPB's Dividend Yield is slightly below the industry average, which is at 4.60.
Compared to an average S&P500 Dividend Yield of 2.44, TPB's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.31% |
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
10.21% 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.
DP10.21%
EPS Next 2Y4.49%
EPS Next 3YN/A
101.5
+0.6 (+0.59%)
Chartmill FA Rating
GICS SectorConsumer Staples
GICS IndustryGroupFood, Beverage & Tobacco
GICS IndustryTobacco
Earnings (Last)
Earnings (Next)
Inst Owners95.29%
Inst Owner Change13.33%
Ins Owners4.31%
Ins Owner Change-7.6%
Market Cap1.83B
Revenue(TTM)391.52M
Net Income(TTM)52.38M
Analysts80
Price Target109.91 (8.29%)
Short Float %10.92%
Short Ratio4.84
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.31% |
Yearly Dividend0.28
Dividend Growth(5Y)9.1%
DP10.21%
Div Incr Years7
Div Non Decr Years7
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)23.44%
Min EPS beat(2)19.05%
Max EPS beat(2)27.82%
EPS beat(4)4
Avg EPS beat(4)17.25%
Min EPS beat(4)6.63%
Max EPS beat(4)27.82%
EPS beat(8)8
Avg EPS beat(8)17.32%
EPS beat(12)12
Avg EPS beat(12)20.16%
EPS beat(16)15
Avg EPS beat(16)21.62%
Revenue beat(2)2
Avg Revenue beat(2)8%
Min Revenue beat(2)6.86%
Max Revenue beat(2)9.15%
Revenue beat(4)3
Avg Revenue beat(4)5.9%
Min Revenue beat(4)-2.45%
Max Revenue beat(4)10.06%
Revenue beat(8)7
Avg Revenue beat(8)6.49%
Revenue beat(12)10
Avg Revenue beat(12)4.83%
Revenue beat(16)12
Avg Revenue beat(16)3.44%
PT rev (1m)0%
PT rev (3m)19.06%
EPS NQ rev (1m)4.15%
EPS NQ rev (3m)17.02%
EPS NY rev (1m)1.3%
EPS NY rev (3m)-0.14%
Revenue NQ rev (1m)7.51%
Revenue NQ rev (3m)6.86%
Revenue NY rev (1m)-0.31%
Revenue NY rev (3m)2.93%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 25.89 | ||
| Fwd PE | 26.26 | ||
| P/S | 4.67 | ||
| P/FCF | 46.94 | ||
| P/OCF | 36.39 | ||
| P/B | 5.32 | ||
| P/tB | 13.73 | ||
| EV/EBITDA | 17.65 |
EPS(TTM)3.92
EY3.86%
EPS(NY)3.86
Fwd EY3.81%
FCF(TTM)2.16
FCFY2.13%
OCF(TTM)2.79
OCFY2.75%
SpS21.73
BVpS19.09
TBVpS7.39
PEG (NY)90.31
PEG (5Y)2.01
Graham Number41.03
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 7.05% | ||
| ROE | 15.23% | ||
| ROCE | 15.32% | ||
| ROIC | 10.36% | ||
| ROICexc | 14.8% | ||
| ROICexgc | 26.8% | ||
| OM | 26.28% | ||
| PM (TTM) | 13.38% | ||
| GM | 60.99% | ||
| FCFM | 9.95% |
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 Turnover0.53
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.85 | ||
| Debt/FCF | 7.53 | ||
| Debt/EBITDA | 2.71 | ||
| Cap/Depr | 211.44% | ||
| Cap/Sales | 2.88% | ||
| Interest Coverage | 14.12 | ||
| Cash Conversion | 46.44% | ||
| Profit Quality | 74.4% | ||
| Current Ratio | 5.56 | ||
| Quick Ratio | 3.98 | ||
| Altman-Z | 4.61 |
F-Score6
WACC8.82%
ROIC/WACC1.17
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)17.01%
EPS 3Y5.44%
EPS 5Y12.9%
EPS Q2Q%20.69%
EPS Next Y0.29%
EPS Next 2Y4.49%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)-4.11%
Revenue growth 3Y-6.8%
Revenue growth 5Y-0.07%
Sales Q2Q%12.65%
Revenue Next Year14.37%
Revenue Next 2Y11.37%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y9.08%
EBIT growth 3Y-3.48%
EBIT growth 5Y12.32%
EBIT Next Year35.6%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-19.9%
FCF growth 3Y0.2%
FCF growth 5Y13.62%
OCF growth 1Y-6.74%
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 8 / 10.
Can you provide the PE and PB ratios for TPB stock?
The Price/Earnings (PE) ratio for TURNING POINT BRANDS INC (TPB) is 25.89 and the Price/Book (PB) ratio is 5.32.
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.