Spectrum Brands Holdings (Spectrum Brands Holdings) Intrinsic Value: Projected FCF

: $59.74 (As of Today)

View and export this data going back to 1991. Start your Free Trial

Since the intrinsic value calculations based on Discounted Cash Flow Intrinsic Value: DCF (FCF Based), or Discounted Earnings Intrinsic Value: DCF (Earnings Based) cannot be applied to companies without consistent revenue and earnings, GuruFocus developed a valuation model based on normalized Free Cash Flow and Book Value of the company. The details of how we calculate the intrinsic value of stocks are described in detail here.

As of today (2024-04-18), Spectrum Brands Holdings's Intrinsic Value: Projected FCF is $59.74. The stock price of Spectrum Brands Holdings is $79.14. Therefore, Spectrum Brands Holdings's Price-to-Intrinsic-Value-Projected-FCF of today is 1.3.

The historical rank and industry rank for Spectrum Brands Holdings's Intrinsic Value: Projected FCF or its related term are showing as below:

SPB' s Price-to-Projected-FCF Range Over the Past 10 Years
Min: 0.33 Med: 0.7 Max: 1.34
Current: 1.33

During the past 13 years, the highest Price-to-Intrinsic-Value-Projected-FCF of Spectrum Brands Holdings was 1.34. The lowest was 0.33. And the median was 0.70.

SPB's Price-to-Projected-FCF is ranked worse than
58.22% of 1223 companies
in the Consumer Packaged Goods industry
Industry Median: 1.11 vs SPB: 1.33

Spectrum Brands Holdings Intrinsic Value: Projected FCF Historical Data

The historical data trend for Spectrum Brands Holdings's Intrinsic Value: Projected FCF can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Spectrum Brands Holdings Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Intrinsic Value: Projected FCF

124.40

127.57

123.21

95.95

86.70

Spectrum Brands Holdings Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Intrinsic Value: Projected FCF																72.33	77.35	101.82	86.70	59.74

Competitive Comparison

For the Household & Personal Products subindustry, Spectrum Brands Holdings's Price-to-Projected-FCF, along with its competitors' market caps and Price-to-Projected-FCF data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Spectrum Brands Holdings Price-to-Projected-FCF Distribution

For the Consumer Packaged Goods industry and Consumer Defensive sector, Spectrum Brands Holdings's Price-to-Projected-FCF distribution charts can be found below:

* The bar in red indicates where Spectrum Brands Holdings's Price-to-Projected-FCF falls into.

Spectrum Brands Holdings Intrinsic Value: Projected FCF Calculation

Since the intrinsic value calculations based on Discounted Cash Flow Intrinsic Value: DCF (FCF Based), or Discounted Earnings Intrinsic Value: DCF (Earnings Based) cannot be applied to companies without consistent revenue and earnings, GuruFocus developed a valuation model based on normalized Free Cash Flow and Book Value of the company.

The details of how we calculate the intrinsic value of stocks are described in detail here.

This method smooths out the free cash flow over the past 6-7 years, multiplies the results by a growth multiple, and adds a portion of Total Stockholders Equity.

Intrinsic Value: Projected FCF = ( Growth Multiple * Free Cash Flow (6 year avg) + 0.8 * Total Stockholders Equity (most recent) ) / Shares Outstanding (Diluted Average)

In the case of negative Total Stockholders Equity, the following formula is used (see Explanation section below for the reason):

Intrinsic Value: Projected FCF = ( Growth Multiple * Free Cash Flow (6 year avg) + Total Stockholders Equity (most recent) / 0.8 ) / Shares Outstanding (Diluted Average)

Add all the Free Cash Flow together and divide 6 will get Spectrum Brands Holdings's Free Cash Flow(6 year avg) = $20.66.

Spectrum Brands Holdings's Intrinsic Value: Projected FCF for today is calculated as

Intrinsic Value: Projected FCF	=	(Growth Multiple	*	Free Cash Flow (6 year avg)	+	Total Stockholders Equity (Dec23)	*	0.8)	/	Shares Outstanding (Diluted Average)
	=	(9.5203515959648	*	20.656	+	2300.8	*	0.8)	/	34.100
	=	59.74

Spectrum Brands Holdings (NYSE:SPB) Intrinsic Value: Projected FCF Explanation

The growth multiple is capped between 8.35 and 17.74.

Total Stockholders Equity weighting is more art than science and it should always be revisited in more detail when researching a company. Weightings from 0% to 100% to more than 100% are possible. 80% was chosen as a happy median after taking the above ideas into consideration.

Spectrum Brands Holdings's Price-to-Intrinsic-Value-Projected-FCF for today is calculated as

Price-to-Intrinsic-Value-Projected-FCF	=	Share Price	/	Intrinsic Value: Projected FCF
	=	79.14	/	59.744644650037
	=	1.32

Spectrum Brands Holdings Intrinsic Value: Projected FCF Related Terms

Thank you for viewing the detailed overview of Spectrum Brands Holdings's Intrinsic Value: Projected FCF provided by GuruFocus.com. Please click on the following links to see related term pages.

Spectrum Brands Holdings (Spectrum Brands Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Spectrum Brands Holdings Inc (NYSE:SPB) » Definitions » Intrinsic Value: Projected FCF

Comparable Companies

Traded in Other Exchanges

H221:Germany

Address

3001 Deming Way, Middleton, WI, USA, 53562

Website

https://www.spectrumbrands.com

Spectrum Brands Holdings Inc is consumer products and home essentials company. The company is a supplier of consumer batteries, residential locksets, residential builders' hardware, grooming products and personal care products. The company manages the businesses in product-focused segments; Home and Personal Care, global Pet Care, Home and Garden. The Company manufactures, markets and distributes its products globally in the North America, Europe, Middle East & Africa, Latin America, and Asia-Pacific.

Executives

David M Maura	director, officer: Executive Chairman and CEO	C/O MOSAIC ACQUISITION CORP., 375 PARK AVENUE, NEW YORK NY 10152
Ehsan Zargar	officer: EVP, GC & Corporate Secretary	C/O HRG GROUP, INC., 450 PARK AVENUE, 29TH FLOOR, NEW YORK NY 10022
Joan Kai Chow	director	215 W DIEHL ROAD, NAPERVILLE IL 60563
Leslie Lloyd Campbell	director	C/O SPECTRUM BRANDS HOLDINGS, INC., 3001 DEMING WAY, MIDDLETON WI 53562
Daniel L Karpel	officer: VP, Corporate Controller & CAO	3001 DEMING WAY, MIDDLETON WI 53562
Jeremy W Smeltser	officer: EVP & CFO	13515 BALLANTYNE CORPORATE PLACE, CHARLOTTE NC 28277
Rebeckah Long	officer: SVP & Global HR	C/O SPECTRUM BRANDS HOLDINGS, INC., 3001 DEMING WAY, MIDDLETON WI 53562
Randal D. Lewis	officer: EVP & COO	C/O SPECTRUM BRANDS HOLDINGS, INC., 3001 DEMING WAY, MIDDLETON WI 53562
Sherianne James	director	C/O SPECTRUM BRANDS HOLDINGS, INC., 3001 DEMING WAY, MIDDLETON WI 53562
Hugh R Rovit	director	C/O ONEIDA LTD., 163-181 KENWOOD AVENUE, ONEIDA NY 13421
Terry Polistina	director	5980 MIAMI LAKES DRIVE, MIAMI LAKES FL 33014
Anne Sempowski Ward	director	C/O VANDA PHARMACEUTICALS INC., 2200 PENNSYLVANIA AVENUE, SUITE 300E, WASHINGTON DC 20037
Gautam Patel	director	C/O AMNEAL PHARMACEUTICALS LLC, 400 CROSSING BLVD, BRIDGEWATER NJ 08807
Jefferies Financial Group Inc.	10 percent owner	520 MADISON AVENUE, NEW YORK NY 10022
David Harris	director	237 PARK AVENUE - SUITE 900, NEW YORK NY 10017