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57.98 (1y: +11%)
Market Cap 6.17 B P/E(ttm)
Enterprise Value 8.63 B P/B 2.20
SHLD- NAS (USA)
Sears Holdings Corporation
Not Rated
Top Ranked Predictable Companies
$57.98
Switch to:

GuruFocus Financial Strength Rank measures how strong a company’s financial situation is. It is based on these factors

1. The debt burden that the company has as measured by its Interest coverage (current year).
2. Debt to revenue ratio. The lower, the better
3. Altman Z-score.

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

Financial Strength : 7/10

vs
industry		 vs
history
Cash to Debt 0.195
SHLD's Cash to Debt is ranked lower than
82% of the 493 Companies
in the Global Department Stores industry.

( Industry Median: 2.99 vs. SHLD: 0.195 )
SHLD' s 10-Year Cash to Debt Range
Min: 0.2   Max: 9.26
Current: 0.2
0.2
9.26
Equity to Asset -0.026
SHLD's Equity to Asset is ranked lower than
95% of the 493 Companies
in the Global Department Stores industry.

( Industry Median: 0.42 vs. SHLD: -0.026 )
SHLD' s 10-Year Equity to Asset Range
Min: -0.03   Max: 0.52
Current: -0.03
-0.03
0.52
F-Score: 3
Z-Score: 2.15
M-Score: -2.74
GuruFocus Profitability Rank ranks how profitable a company is and how likely the company’s business will stay that way. It is based on these factors:

1. Operating Margin
2. Trend of the Operating Margin (5-year average). The company with an uptrend profit margin has a higher rank.
••3. Consistency of the profitability
4. Piotroski F-Score
5. Predictability Rank•

The maximum rank is 10. A rank of 7 or higher means a higher profitability and may stay that way. A rank of 3 or lower indicates that the company has had trouble to make a profit.

Profitability Rank is not directly related to the Financial Strength Rank. But if a company is consistently profitable, its financial strength will be stronger.

Profitability & Growth : 3/10

vs
industry		 vs
history
Operating margin (%) -2.10
SHLD's Operating margin (%) is ranked lower than
86% of the 493 Companies
in the Global Department Stores industry.

( Industry Median: 3.20 vs. SHLD: -2.10 )
SHLD' s 10-Year Operating margin (%) Range
Min: -3.6   Max: 9.2
Current: -2.1
-3.6
9.2
Net-margin (%) -2.3
SHLD's Net-margin (%) is ranked lower than
86% of the 493 Companies
in the Global Department Stores industry.

( Industry Median: 2.15 vs. SHLD: -2.3 )
SHLD' s 10-Year Net-margin (%) Range
Min: -7.6   Max: 5.6
Current: -2.3
-7.6
5.6
ROE (%) -33.8
SHLD's ROE (%) is ranked lower than
90% of the 493 Companies
in the Global Department Stores industry.

( Industry Median: 6.00 vs. SHLD: -33.8 )
SHLD' s 10-Year ROE (%) Range
Min: -73.3   Max: 24.7
Current: -33.8
-73.3
24.7
ROA (%) -4.8
SHLD's ROA (%) is ranked lower than
88% of the 493 Companies
in the Global Department Stores industry.

( Industry Median: 2.80 vs. SHLD: -4.8 )
SHLD' s 10-Year ROA (%) Range
Min: -14.7   Max: 12.8
Current: -4.8
-14.7
12.8
ROC (Joel Greenblatt) (%) -11.20
SHLD's ROC (Joel Greenblatt) (%) is ranked lower than
81% of the 493 Companies
in the Global Department Stores industry.

( Industry Median: 10.80 vs. SHLD: -11.20 )
SHLD' s 10-Year ROC (Joel Greenblatt) (%) Range
Min: -18.2   Max: 77.9
Current: -11.2
-18.2
77.9
Revenue Growth (%) 0.2
SHLD's Revenue Growth (%) is ranked higher than
74% of the 493 Companies
in the Global Department Stores industry.

( Industry Median: 2.90 vs. SHLD: 0.2 )
SHLD' s 10-Year Revenue Growth (%) Range
Min: 0.2   Max: 18.6
Current: 0.2
0.2
18.6
» SHLD's 10-Y Financials

Financials


Revenue & Net Income
Cash & Debt
Oprt. Cash Flow & Free Cash Flow

» Details

Guru Trades
Q2 2012

SHLD Guru Trades in Q2 2012

Steven Cohen 55,776 sh (New)
Jeremy Grantham 147,390 sh (+81.31%)
Bruce Berkowitz 16,829,880 sh (+0.1%)
Edward Lampert 42,996,631 sh (unchged)
Steve Mandel 1,883,300 sh (unchged)
Francis Chou 683,700 sh (unchged)
Chuck Akre 300,000 sh (unchged)
Fairholme Fund 14,212,673 sh (unchged)
Lee Ainslie Sold Out
Murray Stahl 3,139,926 sh (-2.96%)
Jim Simons 25,391 sh (-89.28%)
» More
Q3 2012

SHLD Guru Trades in Q3 2012

Bruce Berkowitz 16,934,080 sh (+0.62%)
Steve Mandel 1,273,500 sh (unchged)
Chuck Akre 300,000 sh (unchged)
Francis Chou 683,700 sh (unchged)
Fairholme Fund 14,212,673 sh (unchged)
Jim Simons Sold Out
Steven Cohen Sold Out
Murray Stahl 3,132,398 sh (-0.24%)
Edward Lampert 42,274,142 sh (-1.68%)
Jeremy Grantham 135,150 sh (-8.3%)
» More
Q4 2012

SHLD Guru Trades in Q4 2012

Steven Cohen 7,000 sh (New)
Whitney Tilson 11,600 sh (New)
Bruce Berkowitz 18,146,573 sh (+7.16%)
Francis Chou 683,700 sh (unchged)
Steve Mandel 1,273,500 sh (unchged)
Jeremy Grantham 172,728 sh (unchged)
Chuck Akre 300,000 sh (unchged)
Fairholme Fund 14,212,673 sh (unchged)
Murray Stahl 3,047,600 sh (-2.71%)
Edward Lampert 36,334,181 sh (-14.05%)
» More
Q1 2013

SHLD Guru Trades in Q1 2013

Bruce Berkowitz 19,508,773 sh (+7.51%)
Murray Stahl 3,258,066 sh (+6.91%)
Chuck Akre 300,000 sh (unchged)
Francis Chou 683,700 sh (unchged)
Steve Mandel 1,273,500 sh (unchged)
Fairholme Fund 14,212,673 sh (unchged)
Whitney Tilson Sold Out
Edward Lampert 33,856,069 sh (-6.82%)
Jeremy Grantham 160,634 sh (-7%)
Steven Cohen 5,757 sh (-17.76%)
» More
» Details

Insider Trades

Latest Guru Trades with SHLD

GuruDate Trades Impact to Portfolio Price Range * (?) Current Price Change from Average Current Shares
Bruce Berkowitz 2013-03-31 Add 7.51%0.87%$40.16 - $52.49 $ 57.5222%19508773
Whitney Tilson 2013-03-31 Sold Out 0.39%$40.16 - $52.49 $ 57.5222%0
Bruce Berkowitz 2012-12-31 Add 7.16%0.72%$39.3 - $66.76 $ 57.5212%18146573
Whitney Tilson 2012-12-31 New Buy0.39%$39.3 - $66.76 $ 57.5212%11600
Lee Ainslie 2012-06-30 Sold Out 1%$47.85 - $67.48 $ 57.524%0
Chuck Akre 2012-03-31 New Buy2%$29.2 - $83.43 $ 57.528%300000
Lee Ainslie 2012-03-31 New Buy1%$29.2 - $83.43 $ 57.528%1092755
Bruce Berkowitz 2012-03-31 Add 4.38%0.6%$29.2 - $83.43 $ 57.528%16813480
Steve Mandel 2012-03-31 Sold Out 0.3%$29.2 - $83.43 $ 57.528%0
Michael Price 2012-03-31 Sold Out 0.23%$29.2 - $83.43 $ 57.528%0
Michael Price 2011-12-31 Reduce -51.1%0.49%$31.78 - $82.43 $ 57.52-10%45549
Bruce Berkowitz 2011-03-31 Add 9.36%0.8%$70.18 - $93.03 $ 57.52-28%16313973
Whitney Tilson 2011-03-31 Sold Out $70.18 - $93.03 $ 57.52-28%0
Whitney Tilson 2010-12-31 Reduce -87.56%0.49%$63.7 - $76.32 $ 57.52-18%3163
Bruce Berkowitz 2010-12-31 Add 1.75%0.12%$63.7 - $76.32 $ 57.52-18%14917873
Bruce Berkowitz 2010-09-30 Add 4.45%0.4%$60.14 - $75.13 $ 57.52-14%14661671
Whitney Tilson 2010-09-30 New Buy0.32%$60.14 - $75.13 $ 57.52-14%25433
Edward Lampert 2010-06-30 Reduce -21.54%8.87%$66.52 - $123.9 $ 57.52-41%48179755
George Soros 2010-06-30 Sold Out $66.52 - $123.9 $ 57.52-41%0
Lee Ainslie 2010-03-31 Sold Out 1.43%$83.42 - $109.74 $ 57.52-41%0
George Soros 2010-03-31 New Buy$83.42 - $109.74 $ 57.52-41%2700
Premium More recent guru trades are included for Premium Members only!!

Guru Investment Theses on Sears Holdings Corporation

Bruce Berkowitz Comments on Sears Holdings - Aug 03, 2012

From Bruce Berkowitz's second-quarter letter:

Sears Holdings (SHLD) (11% of the Fund) is one of the largest corporate real estate organizations in the world, with a portfolio of retail locations that is second to none. Generally Accepted Accounting Principles ("GAAP") mandate valuing their real estate at the lower of cost or market. GAAP would force the Dutch settlers to value Manhattan today at the 1626 purchase price of $23.70. The company's reported book value of $43 understates real values.
Check out Bruce Berkowitz latest stock trades

Top Ranked Articles about Sears Holdings Corporation

Savant Edward Lampert, Top Six Holdings - Great Gains Despite One Bad Apple
May 7, 2013
Edward Lampert - Savant Edward Lampert, Top Six Holdings - Great Gains Despite One Bad Apple
Here’s a look at the portfolio of investing Guru Edward Lampert, Number 68 on the Forbes list of 400 Richest Americans. Lampert wears multiple crowns as the founder of his own hedge fund ESL Investments and as the Chairman and CEO of Sears Holdings. Lampert’s reputation as a savant investor and creative mastermind has grown to near-mythic proportion. With super-gains like his top positions reveal, Lampert can afford one bad apple in the “Orchard.” Lampert is the matchmaker behind the Sears and Kmart union, which ultimately produced two spin-offs Sears Hometown & Outlet Stores, and the problem child, Orchard Supply Hardware. The ESL Investments portfolio is heavily weighted with consumer cyclical, reflecting that Guru Lampert reads the pulse of the people, how we live, what we drive, and what we wear. Read more...
Lampert Chops Down Orchard by 32% - OSH Gets 60-Day Extension
April 30, 2013
- Lampert Chops Down Orchard By 32% - OSH Gets 60-Day Extension
Sears CEO and investor savant Edward Lampert is still holding on to Orchard Supply Hardware (OSH), his spin-off brainchild, but he just reduced his position again after six micro slices so far in 2013. This time Lampert swung the ax and chopped OSH by 32.24% in the price range of $1.84 per share, as of April 29, 2013. Lampert currently holds 569,094 shares after the trade. The current share price of OSH is $1.84. Read more...
Countdown for Orchard – Edward Lampert Cuts OSH, Sears Backstory
April 26, 2013
Edward Lampert - Countdown For Orchard – Edward Lampert Cuts OSH, Sears Backstory
According to the GuruFocus 52-week low screener, Orchard Supply Hardware (OSH) is at a 52-week low, and 93.3% off its high. As Orchard Supply Hardware (OSH) faces possible default on a loan payment, top stakeholder Guru Edward Lampert, CEO of Sears Holding Corporation and founder of ESL Investments, reduced his Orchard Supply Hardware (OSH) position again by 16.25%, with remaining shares at 839,867, as of April 24, 2013. He traded at an average price of $1.55. The current price is $1.45, with a change from average down 6%. Seeking an out-of-court restructuring, Orchard Supply’s lawyers and advisers must strike a deal with lenders by May 1. Read more...
Zenvestor Berkowitz and Savant Lampert – Fears for Sears?
March 31, 2013
From the stratosphere of hedge fund heights, where investors are more like wizards, how do these extraordinary managers really see the future of Sears Holdings Corporation (SHLD)? How does a Guru grok the future of this classic American retailer that has reflected changes in the country and commerce since 1925? We can look for patterns and believers. Read more...
Eddie Lampert Hacks OSH - Is Sears Spinoff Spinning Out?
March 28, 2013
Edward Lampert - Eddie Lampert Hacks OSH - Is Sears Spinoff Spinning Out?
Almost a year ago, Sears CEO Edward Lampert owned 2,122,707 OSH shares — today he owns about half of that. As of March 25, 2013, Lampert reduced his position in Orchard Supply Hardware (OSH), a Sears spinoff, for the third time since last summer. For quarter ending June 30, 2012, the 10% owner Lampert had reduced his position by 22.7%, then again for quarter ending Dec. 31, 2012, Lampert reduced by 29.51%. His most current trade, reducing by 8.7%, leaves him with current shares of 1,080,204. The current price of OSH shares is $3.97, and according to GuruFocus analysis, is off 47% year to date. Read more...
Edward Lampert and Francis Chou’s New Stocks See Biggest Gains
March 18, 2013
Edward Lampert,Francis Chou - Edward Lampert And Francis Chou’s New Stocks See Biggest Gains
The Score Board of Gurus on GuruFocus gives a picture of how investors’ stock picks have performed in various time periods. Over the short-term period of the past six months, the Gurus whose new stocks have posted the greatest market gains are Edward Lampert and Francis Chou, with average returns of 47.67% and 46.5%, respectively. Read more...
Edward Lampert and Sears, Investing in Wow
March 7, 2013
Edward Lampert - Edward Lampert And Sears, Investing In Wow
As Sears Holding Corporation (SHLD) announced a loss of $489 million with sales continuing a six-year decline, the new Sears CEO Edward Lampert, also manager of ESL Investments, made two adds of SHLD, 2.91% and 0.79%, at the average price of $44.17 the first week of March 2013. Lampert now owns 43,845,246 SHLD shares. The stock price has changed by 0%. Read more...
Eddie Lampert's Sears Sees Q4 Revenue Decline
February 28, 2013
Edward Lampert,Bruce Berkowitz - Eddie Lampert's Sears Sees Q4 Revenue Decline
Hedge fund manager and investing savant Edward Lampert formed Sears Holdings (SHLD) out of Sears and a Kmart emerging from bankruptcy in 2005. While several respected investors also poured money into the company, over the years, performance has been lumpy even as he as chairman has increased his control of the company, culminating in the installment of Lampert as CEO in January and fourth quarter results released today. Read more...
Edward Lampert Reports Owning 2 New Stocks
February 15, 2013
Edward Lampert - Edward Lampert Reports Owning 2 New Stocks
Edward Lampert has a highly successful hedge fund, ESL Investments, and also often takes a hands-on role at the companies he invests in, particularly Sears Holdings (SHLD). He is a bottom-up stock picker focused on company fundamentals. Lampert’s portfolio is valued at $3.84 billion, has 11 stocks and is 94.6% weighted in the consumer cyclical sector. In the fourth quarter, he reported to holding two new stocks: Safeway Inc. (SWY) and Sears Hometown & Outlet Stores Inc. (SHOS). Read more...
Eddie Lampert’s Low P/E Retail Stocks
January 14, 2013
Edward Lampert - Eddie Lampert’s Low P/E Retail Stocks
Like Warren Buffett, founder of hedge fund ESL Investments, Edward Lampert, goes for easily understandable businesses that have solid cash flows. But unlike Buffett, Lampert spends less time focusing on management, given that he would rather implement changes in the companies himself, by working with, or shaking up management teams (from Lampert’s GuruFolio report). Read more...

Ratios

vs
industry		 vs
history
P/B 2.20
SHLD's P/B is ranked higher than
55% of the 493 Companies
in the Global Department Stores industry.

( Industry Median: 1.40 vs. SHLD: 2.20 )
SHLD' s 10-Year P/B Range
Min: 0.35   Max: 3.2
Current: 2.2
0.35
3.2
P/S 0.10
SHLD's P/S is ranked higher than
93% of the 493 Companies
in the Global Department Stores industry.

( Industry Median: 0.50 vs. SHLD: 0.10 )
SHLD' s 10-Year P/S Range
Min: 0.07   Max: 0.66
Current: 0.1
0.07
0.66
EV-to-EBIT 500
SHLD's EV-to-EBIT is ranked lower than
51% of the 493 Companies
in the Global Department Stores industry.

( Industry Median: 12.56 vs. SHLD: 500 )
SHLD' s 10-Year EV-to-EBIT Range
Min: 3   Max: 514
Current: 500
3
514
Shiller P/E 18.4
SHLD's Shiller P/E is ranked higher than
95% of the 493 Companies
in the Global Department Stores industry.

( Industry Median: 17.09 vs. SHLD: 18.4 )
SHLD' s 10-Year Shiller P/E Range
Min: 8.33   Max: 22.94
Current: 18.4
8.33
22.94

Valuation & Return

vs
industry		 vs
history
Price/Net Current Asset Value 1.5
SHLD's Price/Net Current Asset Value is ranked higher than
58% of the 493 Companies
in the Global Department Stores industry.

( Industry Median: 5.70 vs. SHLD: 1.5 )
SHLD' s 10-Year Price/Net Current Asset Value Range
Min: 0.9   Max: 4.5
Current: 1.5
0.9
4.5
Price/DCF (Projected) 1.7
SHLD's Price/DCF (Projected) is ranked higher than
85% of the 493 Companies
in the Global Department Stores industry.

( Industry Median: 1.00 vs. SHLD: 1.7 )
SHLD' s 10-Year Price/DCF (Projected) Range
Min: 0.5   Max: 1.4
Current: 1.7
0.5
1.4
Price/Median PS Value 0.7
SHLD's Price/Median PS Value is ranked higher than
73% of the 493 Companies
in the Global Department Stores industry.

( Industry Median: 0.80 vs. SHLD: 0.7 )
SHLD' s 10-Year Price/Median PS Value Range
Min: 0.5   Max: 2.2
Current: 0.7
0.5
2.2
Earnings Yield (Greenblatt) 0.20
SHLD's Earnings Yield (Greenblatt) is ranked higher than
65% of the 493 Companies
in the Global Department Stores industry.

( Industry Median: 8.60 vs. SHLD: 0.20 )
SHLD' s 10-Year Earnings Yield (Greenblatt) Range
Min: 0.2   Max: 33.6
Current: 0.2
0.2
33.6
Forward Rate of Return (Yacktman) 4.29
SHLD's Forward Rate of Return (Yacktman) is ranked higher than
75% of the 493 Companies
in the Global Department Stores industry.

( Industry Median: 10.22 vs. SHLD: 4.29 )
SHLD' s 10-Year Forward Rate of Return (Yacktman) Range
Min: -10.5   Max: 27.2
Current: 4.29
-10.5
27.2

Business Description

Sears Holdings Corporation is a Delaware Corporation. It is an integrated retailer with over 3,900 full-line and specialty retail stores in the United States and Canada and the home of ShopYourWay, a social shopping experience where members have the ability to earn points and receive benefits across a wide variety of physical and digital formats through ShopYourWay.com. It is a provider of home services, with more than 11 million service calls made annually and have a long-established commitment to those who serve in the military through initiatives like the Heroes at Home program. It has been named the 2011 Mobile Retailer of the Year, Recipient of the 2012 ENERGY STAR "Corporate Commitment Award" for Product Retailing and Energy Management and one of Top 20 Best Places to Work for Recent Grads. Sears Holdings Corporation operates through its subsidiaries, including Sears, Roebuck and Co. and Kmart Corporation. The merger of Kmart and Sears as Sears Holdings Corporation closed on March 24, 2005, following affirmative shareholder votes of both companies. The company will continue to market products under brands held by both companies. The KMART and SEARS trade names, service marks and trademarks, used by it both in the United States and internationally, are material to its retail and other related businesses. It sells proprietary branded merchandise under a number of brand names that are important to its operations. The Company's KENMORE, CRAFTSMAN, DIEHARD and LANDS' END brands are among the most recognized proprietary brands in retailing. These marks are the subject of numerous United States and foreign trademark registrations. Other well recognized Company trademarks and service marks include APOSTROPHE, CANYON RIVER BLUES, COVINGTON, BASIC EDITIONS, SHOPYOURWAY and SMART SENSE. Sears Canada competes in Canada with Hudson's Bay Company, other Canadian-based store and online retailers, as well as certain U.S.-based competitors. Walmart, Target, Kohl's, J.C. Penney, Macy's, The Home Depot, Lowe's, Best Buy and Amazon are some of the national retailers and businesses with which it competes.
Company Website
SEC Reports
Industry: Department Stores
Compare:M, DFIHY, SRHGY, JWN, KSS
Traded in other countries:SEE.Germany
» More Articles for SHLD

Headlines

Articles On GuruFocus.com
Bruce Berkowitz Buys Chesapeake Energy, Berkshire Hathaway Inc, Sears, Sells CIT, MBIA, Wells Fargo May 16 2013 
Savant Edward Lampert, Top Six Holdings - Great Gains despite One Bad Apple May 07 2013 
Lampert Chops Down Orchard by 32% - OSH Gets 60-Day Extension Apr 30 2013 
Bruce Berkowitz Pulls Plug on CIT - Sold Out 16 Million Shares Apr 30 2013 
Countdown for Orchard – Edward Lampert Cuts OSH, Sears Backstory Apr 26 2013 
Horizon Kinetics Releases First Quarter 2013 Commentary Apr 17 2013 
Zenvestor Berkowitz and Savant Lambert – Fears for Sears? Mar 31 2013 
Eddie Lampert Hacks OSH - Is Sears Spinoff Spinning Out? Mar 28 2013 
Edward Lampert and Francis Chou’s New Stocks See Biggest Gains Mar 18 2013 
Edward Lampert and Sears, Investing in Wow Mar 07 2013 

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