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3 Stocks That Could Be Priced Below Their Fair Value Estimates In May 2025
Thu 22 May 25, 11:37 AMIs Turning Point Brands, Inc. (TPB) Among the Best Tobacco and Cigarette Stocks to Buy Now?
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Sat 22 Mar 25, 08:09 PMWeekly Roundup on the Cannabis Sector & Psychedelic Sector
Mon 08 Aug 22, 11:00 AM| Breakdown | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
| Income before tax | 16.01M | 65.30M | 43.06M | 15.82M | 31.57M |
| Minority interest | 0.48M | 0.80M | 4.05M | 4.05M | 4.05M |
| Net income | 11.64M | 52.06M | 33.04M | 13.77M | 25.29M |
| Selling general administrative | 130.02M | 127.51M | 125.56M | 109.89M | 94.08M |
| Selling and marketing expenses | - | - | - | - | - |
| Gross profit | 205.54M | 217.83M | 189.64M | 136.75M | 142.56M |
| Reconciled depreciation | 5.30M | 5.01M | 5.02M | 4.09M | 3.11M |
| Ebit | 75.51M | 90.32M | 64.07M | 26.86M | 48.62M |
| Ebitda | 80.81M | 95.33M | 68.10M | 35.91M | 51.73M |
| Depreciation and amortization | 5.30M | 5.01M | 4.03M | 9.05M | 3.11M |
| Non operating income net other | -12.41800M | -4.51900M | 0.20M | 1.34M | -1.96000M |
| Operating income | 75.51M | 90.32M | 64.07M | 26.86M | 48.48M |
| Other operating expenses | 339.50M | 355.15M | 341.04M | 335.13M | 284.20M |
| Interest expense | 19.52M | 20.50M | 20.23M | 17.34M | 15.09M |
| Tax provision | 4.85M | 14.04M | 10.02M | 2.04M | 11.69M |
| Interest income | 32.83M | 27.17M | 20.03M | 14.69M | 14.39M |
| Net interest income | -19.52400M | -20.50000M | -20.22600M | -17.34200M | -14.81900M |
| Extraordinary items | - | - | - | - | 5.40M |
| Non recurring | 27.57M | - | - | - | - |
| Other items | - | - | - | - | - |
| Income tax expense | 4.85M | 14.04M | 10.02M | 2.04M | 6.29M |
| Total revenue | 415.01M | 445.47M | 405.11M | 361.99M | 332.68M |
| Total operating expenses | 130.02M | 127.51M | 125.56M | 109.89M | 94.08M |
| Cost of revenue | 209.47M | 227.64M | 215.47M | 225.24M | 190.12M |
| Total other income expense net | -59.50800M | -25.01900M | -21.01700M | -11.04100M | -2.09100M |
| Discontinued operations | - | - | - | - | - |
| Net income from continuing ops | 11.16M | 51.26M | 33.04M | 13.77M | 25.29M |
| Net income applicable to common shares | 11.64M | 52.06M | 33.04M | 13.77M | 25.29M |
| Preferred stock and other adjustments | - | - | - | - | - |
| Breakdown | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
| Total assets | 572.11M | 601.56M | 489.33M | 446.58M | 339.38M |
| Intangible assets | 83.59M | 87.48M | 79.42M | 33.47M | 35.34M |
| Earning assets | - | - | - | - | - |
| Other current assets | 21.80M | 26.75M | 26.45M | 16.11M | 14.69M |
| Total liab | 458.73M | 467.84M | 358.49M | 340.00M | 256.75M |
| Total stockholder equity | 111.64M | 131.40M | 126.79M | 106.59M | 82.62M |
| Deferred long term liab | 0.28M | 0.39M | 4.08M | 0.89M | 0.87M |
| Other current liab | 21.48M | 0.04M | 0.20M | 26.52M | 22.93M |
| Common stock | 0.20M | 0.20M | 0.20M | 0.20M | 0.20M |
| Capital stock | 0.20M | 0.20M | 0.20M | 0.20M | 0.20M |
| Retained earnings | 78.69M | 71.46M | 12.06M | -15.30700M | -25.50300M |
| Other liab | - | - | 4.08M | 1.59M | 5.39M |
| Good will | 136.25M | 162.33M | 159.62M | 154.28M | 145.94M |
| Other assets | 60.51M | 68.87M | 77.47M | 38.22M | 0.00100M |
| Cash | 106.40M | 128.32M | 41.77M | 95.25M | 3.31M |
| Cash and equivalents | - | - | - | - | - |
| Total current liabilities | 41.38M | 40.34M | 56.63M | 55.89M | 63.77M |
| Current deferred revenue | 8.44M | 29.96M | 35.23M | - | - |
| Net debt | 310.95M | 299.19M | 264.31M | 200.01M | 217.41M |
| Short term debt | 3.10M | 2.98M | 12.00M | 15.24M | 34.00M |
| Short long term debt | - | - | 12.00M | 15.24M | 34.00M |
| Short long term debt total | 417.35M | 427.51M | 306.08M | 295.26M | 220.72M |
| Other stockholder equity | 35.15M | 59.94M | 117.17M | 125.47M | 110.47M |
| Property plant equipment | 35.25M | 33.70M | 15.52M | 25.95M | 10.59M |
| Total current assets | 256.50M | 249.17M | 157.30M | 189.25M | 111.85M |
| Long term investments | 21.20M | 33.65M | 24.02M | 5.42M | 2.42M |
| Net tangible assets | -108.20000M | -118.41400M | -112.25400M | -81.16600M | -98.65500M |
| Short term investments | - | - | - | - | - |
| Net receivables | 8.38M | 6.50M | 9.33M | 6.91M | 2.62M |
| Long term debt | 406.76M | 414.17M | 277.96M | 268.95M | 186.72M |
| Inventory | 119.92M | 87.61M | 79.75M | 70.98M | 91.24M |
| Accounts payable | 8.36M | 7.36M | 9.20M | 14.13M | 6.84M |
| Total permanent equity | - | - | - | - | - |
| Noncontrolling interest in consolidated entity | 1.74M | 2.31M | 4.05M | - | - |
| Temporary equity redeemable noncontrolling interests | - | - | - | - | - |
| Accumulated other comprehensive income | -2.39300M | -0.19500M | -2.63500M | -3.77300M | -2.53600M |
| Additional paid in capital | - | - | - | - | - |
| Common stock total equity | 0.20M | 0.20M | 0.20M | 0.20M | 0.20M |
| Preferred stock total equity | - | - | - | - | - |
| Retained earnings total equity | 78.69M | 71.46M | 12.06M | -15.30800M | -25.50300M |
| Treasury stock | - | -48.86900M | -10.19100M | - | - |
| Accumulated amortization | - | - | - | - | - |
| Non currrent assets other | 29.71M | 33.86M | 58.91M | 43.64M | 34.79M |
| Deferred long term asset charges | - | - | - | - | - |
| Non current assets total | 315.61M | 352.39M | 332.04M | 257.33M | 227.52M |
| Capital lease obligations | 10.59M | 13.34M | 16.12M | 13.29M | - |
| Long term debt total | 406.76M | 414.17M | 277.96M | 268.95M | 186.72M |
| Breakdown | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
| Investments | -18.79300M | -16.65700M | -19.25000M | -1.42100M | -2.00000M |
| Change to liabilities | 2.07M | -2.36700M | 2.52M | 7.59M | 2.23M |
| Total cashflows from investing activities | -18.79300M | -58.83900M | -64.82300M | 15.90M | -24.66900M |
| Net borrowings | -9.00000M | 110.38M | -12.94900M | 70.86M | 11.10M |
| Total cash from financing activities | -43.30300M | 57.07M | -29.34000M | 67.97M | 9.93M |
| Change to operating activities | 5.83M | -2.08100M | 4.29M | -3.08100M | -5.31700M |
| Net income | 11.16M | 51.26M | 33.04M | 13.77M | 25.29M |
| Change in cash | -32.14300M | 66.64M | -50.48500M | 121.66M | -1.64900M |
| Begin period cash flow | 143.47M | 76.84M | 127.32M | 5.66M | 7.31M |
| End period cash flow | 111.33M | 143.47M | 76.84M | 127.32M | 5.66M |
| Total cash from operating activities | 30.27M | 68.22M | 43.68M | 37.80M | 13.09M |
| Issuance of capital stock | - | - | - | - | 0.00000M |
| Depreciation | 5.30M | 5.01M | 5.02M | 4.09M | 3.11M |
| Other cashflows from investing activities | -11.10800M | -19.66400M | -39.43800M | 22.14M | -20.40200M |
| Dividends paid | -4.25000M | -4.09600M | -3.80200M | -3.53100M | 2.32M |
| Change to inventory | -32.65300M | -0.00900M | -7.65000M | 21.04M | -20.65000M |
| Change to account receivables | -2.10300M | 3.32M | -2.11200M | -3.46400M | 0.82M |
| Sale purchase of stock | -29.22400M | -38.67800M | -10.19100M | 0.74M | 0.83M |
| Other cashflows from financing activities | -0.82900M | -10.49400M | -1.93100M | 145.50M | 224.03M |
| Change to netincome | 38.95M | 9.74M | 5.48M | -1.27500M | 6.36M |
| Capital expenditures | 7.68M | 6.16M | 6.13M | 4.82M | 2.27M |
| Change receivables | -2.10300M | 3.32M | -2.11200M | -3.46400M | 0.82M |
| Cash flows other operating | 4.97M | 0.69M | -1.59000M | -8.31700M | -5.02200M |
| Exchange rate changes | - | - | - | - | - |
| Cash and cash equivalents changes | -31.82300M | 66.44M | -50.48500M | 121.66M | -1.64900M |
| Change in working capital | -26.52700M | -1.14000M | -10.53400M | 21.10M | -22.62000M |
| Stock based compensation | 5.27M | 7.56M | 2.55M | 3.63M | 1.41M |
| Other non cash items | 42.74M | 7.01M | 10.80M | -0.57700M | 3.33M |
| Free cash flow | 22.59M | 62.06M | 37.54M | 32.98M | 10.82M |
Sector: Consumer Defensive Industry: Tobacco
| Company | Change (USD) | Price (USD) | Trailing PE (x) | Forward PE (x) | Price Sales TTM (x) | Price to Book Value (x) | Enterprise Value to Revenue (x) | Enterprise Value to EBITDA (x) |
|---|---|---|---|---|---|---|---|---|
| TPB Turning Point Brands Inc |
-1.57 1.69% | 91.31 | 37.51 | 18.62 | 1.08 | 3.18 | 1.76 | 18.11 |
| PM Philip Morris International Inc |
-0.38 0.22% | 172.87 | 18.05 | 14.08 | 4.17 | - | 5.47 | 13.66 |
| BTI British American Tobacco p.l.c. |
1.08 1.85% | 59.41 | 23.69 | 9.10 | 3.61 | 1.42 | 4.00 | 12.28 |
| BTAFF British American Tobacco p.l.c |
- -% | 58.09 | - | 7.91 | 3.31 | 1.20 | 3.79 | 10.29 |
| MO Altria Group |
0.10 0.15% | 67.14 | 8.24 | 8.09 | 3.47 | 27.30 | 4.61 | 7.77 |
Turning Point Brands, Inc., together with its subsidiaries, manufactures, markets, and distributes adult consumer products. It operates through Zig-Zag Products, Stoker's Products, and NewGen Products segments. Zig-Zag Products segment markets and distributes rolling papers, tubes, finished cigars, make-your-own cigar wraps, and related products, as well as lighters and other accessories under the Zig-Zag brand. The Stoker's Products segment manufactures and markets moist snuff tobacco and loose-leaf chewing tobacco products under the Stoker's, Beech-Nut, Durango, Trophy, and Wind River brands. Its NewGen Products segment market and distribute vapor products and other products without tobacco and/or nicotine to individual consumers through VaporFi and direct B2C online platform, as well as non-traditional retail through VaporBeast. In addition, it markets and distributes cannabis accessories and tobacco products. The company sells its products to wholesale distributors and retail merchants in the independent and chain convenience stores, tobacco outlets, food stores, mass merchandising, drug store, and non-traditional retail channels. Turning Point Brands, Inc. was formerly known as North Atlantic Holding Company, Inc. and changed its name to Turning Point Brands, Inc. in November 2015. The company was founded in 1988 and is headquartered in Louisville, Kentucky.
5201 Interchange Way, Louisville, KY, United States, 40229
| Name | Title | Year Born |
|---|---|---|
| Mr. Graham A. Purdy | CEO, Pres & Director | 1972 |
| Mr. Louie Reformina | Sr. VP & Chief Financial Officer | 1978 |
| Ms. Brittani N. Cushman | Sr. VP, Gen. Counsel & Corp. Sec. | 1985 |
| Mr. Brian Wigginton | Chief Accounting Officer | NA |
| Mr. John E. Charnovich | Chief Information Officer | 1961 |
| Mr. Frank J. Vignone | Sr. VP of Sales | NA |
| Ms. Summer Frein | Chief Marketing Officer | 1984 |
| Ms. Alicia Carrasco | Chief People Officer | NA |
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