STEEL PARTNERS HOLDINGS LP (SPLP) Stock Fundamental Analysis
USA - NYSE:SPLP - US85814R1077
35.5 USD
+0.95 (+2.76%)
35 USD
-0.5 (-1.41%)
SPLP gets a fundamental rating of 6 out of 10. The analysis compared the fundamentals against 7 industry peers in the Industrial Conglomerates industry. While SPLP belongs to the best of the industry regarding profitability, there are some minor concerns on its financial health. SPLP is valued correctly, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
In the past year SPLP was profitable.
In the past year SPLP had a positive cash flow from operations.
SPLP had positive earnings in each of the past 5 years.
Of the past 5 years SPLP 4 years had a positive operating cash flow.
1.2 Ratios
SPLP has a Return On Assets of 7.31%. This is in the better half of the industry: SPLP outperforms 71.43% of its industry peers.
The Return On Equity of SPLP (23.10%) is better than 71.43% of its industry peers.
SPLP's Return On Invested Capital of 14.54% is amongst the best of the industry. SPLP outperforms 100.00% of its industry peers.
The Average Return On Invested Capital over the past 3 years for SPLP is above the industry average of 8.23%.
The last Return On Invested Capital (14.54%) for SPLP is above the 3 year average (11.57%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 7.31% | ||
| ROE | 23.1% | ||
| ROIC | 14.54% |
ROA(3y)5.82%
ROA(5y)4.84%
ROE(3y)21.53%
ROE(5y)19.6%
ROIC(3y)11.57%
ROIC(5y)9.59%
1.3 Margins
With a decent Profit Margin value of 12.90%, SPLP is doing good in the industry, outperforming 71.43% of the companies in the same industry.
In the last couple of years the Profit Margin of SPLP has grown nicely.
SPLP has a Operating Margin of 15.99%. This is in the better half of the industry: SPLP outperforms 71.43% of its industry peers.
In the last couple of years the Operating Margin of SPLP has grown nicely.
With an excellent Gross Margin value of 43.17%, SPLP belongs to the best of the industry, outperforming 100.00% of the companies in the same industry.
SPLP's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 15.99% | ||
| PM (TTM) | 12.9% | ||
| GM | 43.17% |
OM growth 3Y-0.4%
OM growth 5Y12.92%
PM growth 3Y14.39%
PM growth 5YN/A
GM growth 3Y8.13%
GM growth 5Y4.54%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), SPLP is destroying value.
The number of shares outstanding for SPLP has been reduced compared to 1 year ago.
Compared to 5 years ago, SPLP has less shares outstanding
The debt/assets ratio for SPLP has been reduced compared to a year ago.
2.2 Solvency
The Debt to FCF ratio of SPLP is 0.93, which is an excellent value as it means it would take SPLP, only 0.93 years of fcf income to pay off all of its debts.
SPLP's Debt to FCF ratio of 0.93 is amongst the best of the industry. SPLP outperforms 100.00% of its industry peers.
SPLP has a Debt/Equity ratio of 0.24. This is a healthy value indicating a solid balance between debt and equity.
SPLP has a Debt to Equity ratio of 0.24. This is amongst the best in the industry. SPLP outperforms 85.71% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.24 | ||
| Debt/FCF | 0.93 | ||
| Altman-Z | N/A |
ROIC/WACC0.93
WACC15.59%
2.3 Liquidity
SPLP has a Current Ratio of 1.34. This is a normal value and indicates that SPLP is financially healthy and should not expect problems in meeting its short term obligations.
With a Current ratio value of 1.34, SPLP perfoms like the industry average, outperforming 57.14% of the companies in the same industry.
A Quick Ratio of 1.24 indicates that SPLP should not have too much problems paying its short term obligations.
With a decent Quick ratio value of 1.24, SPLP is doing good in the industry, outperforming 71.43% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.34 | ||
| Quick Ratio | 1.24 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 83.61% over the past year.
Measured over the past years, SPLP shows a very strong growth in Earnings Per Share. The EPS has been growing by 33.78% on average per year.
SPLP shows a small growth in Revenue. In the last year, the Revenue has grown by 6.42%.
SPLP shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 6.86% yearly.
EPS 1Y (TTM)83.61%
EPS 3Y33.78%
EPS 5YN/A
EPS Q2Q%101.85%
Revenue 1Y (TTM)6.42%
Revenue growth 3Y9.97%
Revenue growth 5Y6.86%
Sales Q2Q%6.64%
3.2 Future
No EPS estimates are available, so we could not analyze the future EPS growth and evolution.
No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.
EPS Next YN/A
EPS Next 2YN/A
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next YearN/A
Revenue Next 2YN/A
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
No EPS estimates are available, so we could not analyze the future EPS growth and evolution.
No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 3.27, the valuation of SPLP can be described as very cheap.
SPLP's Price/Earnings ratio is rather cheap when compared to the industry. SPLP is cheaper than 100.00% of the companies in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 26.03, SPLP is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 3.27 | ||
| Fwd PE | N/A |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, SPLP is valued 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 SPLP indicates a rather cheap valuation: SPLP is cheaper than 100.00% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 2.28 | ||
| EV/EBITDA | 1.44 |
4.3 Compensation for Growth
The excellent profitability rating of SPLP may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2YN/A
EPS Next 3YN/A
5. Dividend
5.1 Amount
SPLP does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
35.5
+0.95 (+2.76%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryIndustrial Conglomerates
Earnings (Last)
Earnings (Next)
Inst Owners39.73%
Inst Owner Change-1.12%
Ins Owners47.43%
Ins Owner Change1%
Market Cap679.83M
Revenue(TTM)2.03B
Net Income(TTM)261.56M
Analysts0
Price TargetN/A
Short Float %0.01%
Short Ratio0.15
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)N/A
Avg Revenue beat(2)N/A
Min Revenue beat(2)N/A
Max Revenue beat(2)N/A
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)N/A
PT rev (3m)N/A
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)N/A
EPS NY rev (3m)N/A
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)N/A
Revenue NY rev (3m)N/A
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 3.27 | ||
| Fwd PE | N/A | ||
| P/S | 0.34 | ||
| P/FCF | 2.28 | ||
| P/OCF | 1.87 | ||
| P/B | 0.6 | ||
| P/tB | 0.76 | ||
| EV/EBITDA | 1.44 |
EPS(TTM)10.87
EY30.62%
EPS(NY)N/A
Fwd EYN/A
FCF(TTM)15.58
FCFY43.88%
OCF(TTM)18.97
OCFY53.44%
SpS105.89
BVpS59.13
TBVpS46.45
PEG (NY)N/A
PEG (5Y)N/A
Graham NumberN/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 7.31% | ||
| ROE | 23.1% | ||
| ROCE | 18.4% | ||
| ROIC | 14.54% | ||
| ROICexc | 18.87% | ||
| ROICexgc | 22.98% | ||
| OM | 15.99% | ||
| PM (TTM) | 12.9% | ||
| GM | 43.17% | ||
| FCFM | 14.71% |
ROA(3y)5.82%
ROA(5y)4.84%
ROE(3y)21.53%
ROE(5y)19.6%
ROIC(3y)11.57%
ROIC(5y)9.59%
ROICexc(3y)15.06%
ROICexc(5y)12.11%
ROICexgc(3y)18.38%
ROICexgc(5y)14.63%
ROCE(3y)14.64%
ROCE(5y)12.14%
ROICexgc growth 3Y17.24%
ROICexgc growth 5Y16.92%
ROICexc growth 3Y16.53%
ROICexc growth 5Y18.89%
OM growth 3Y-0.4%
OM growth 5Y12.92%
PM growth 3Y14.39%
PM growth 5YN/A
GM growth 3Y8.13%
GM growth 5Y4.54%
F-Score9
Asset Turnover0.57
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.24 | ||
| Debt/FCF | 0.93 | ||
| Debt/EBITDA | 0.72 | ||
| Cap/Depr | 109.53% | ||
| Cap/Sales | 3.2% | ||
| Interest Coverage | 2.69 | ||
| Cash Conversion | 94.71% | ||
| Profit Quality | 114.05% | ||
| Current Ratio | 1.34 | ||
| Quick Ratio | 1.24 | ||
| Altman-Z | N/A |
F-Score9
WACC15.59%
ROIC/WACC0.93
Cap/Depr(3y)96.26%
Cap/Depr(5y)82.15%
Cap/Sales(3y)2.9%
Cap/Sales(5y)2.78%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)83.61%
EPS 3Y33.78%
EPS 5YN/A
EPS Q2Q%101.85%
EPS Next YN/A
EPS Next 2YN/A
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)6.42%
Revenue growth 3Y9.97%
Revenue growth 5Y6.86%
Sales Q2Q%6.64%
Revenue Next YearN/A
Revenue Next 2YN/A
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y27.75%
EBIT growth 3Y9.52%
EBIT growth 5Y20.68%
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y1086.86%
FCF growth 3Y127.01%
FCF growth 5Y33.48%
OCF growth 1Y1611.82%
OCF growth 3Y67.14%
OCF growth 5Y26.94%
STEEL PARTNERS HOLDINGS LP / SPLP FAQ
Can you provide the ChartMill fundamental rating for STEEL PARTNERS HOLDINGS LP?
ChartMill assigns a fundamental rating of 6 / 10 to SPLP.
What is the valuation status of STEEL PARTNERS HOLDINGS LP (SPLP) stock?
ChartMill assigns a valuation rating of 6 / 10 to STEEL PARTNERS HOLDINGS LP (SPLP). This can be considered as Fairly Valued.
Can you provide the profitability details for STEEL PARTNERS HOLDINGS LP?
STEEL PARTNERS HOLDINGS LP (SPLP) has a profitability rating of 8 / 10.