Financials Griffon Corporation

Equities

GFF

US3984331021

Construction Supplies & Fixtures

Market Closed - Nyse 04:00:02 2024-05-28 pm EDT 5-day change 1st Jan Change
66.66 USD -1.22% Intraday chart for Griffon Corporation -1.75% +9.37%

Valuation

Fiscal Period: September 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 929.4 1,097 1,394 1,630 2,166 3,344 - -
Enterprise Value (EV) 1 1,961 1,926 2,191 3,083 3,533 4,730 4,580 3,344
P/E ratio 24.1 x 16.4 x 16.6 x -7.96 x 27.9 x 15.1 x 11.8 x 10.2 x
Yield 1.38% 1.54% 1.3% 1.22% - 0.89% 0.89% -
Capitalization / Revenue 0.42 x 0.46 x 0.61 x 0.57 x 0.81 x 1.26 x 1.23 x 1.19 x
EV / Revenue 0.89 x 0.8 x 0.97 x 1.08 x 1.32 x 1.78 x 1.68 x 1.19 x
EV / EBITDA 10 x 8.21 x 8.85 x 6.73 x 6.99 x 9.34 x 8.25 x 5.51 x
EV / FCF 28.6 x 21.9 x 64.3 x 184 x 9.6 x 18.6 x 15.4 x 10 x
FCF Yield 3.5% 4.57% 1.56% 0.54% 10.4% 5.37% 6.48% 9.99%
Price to Book 1.88 x 1.26 x 1.63 x 3.19 x 6.87 x 12.8 x 7.49 x 5.71 x
Nbr of stocks (in thousands) 44,322 56,130 56,684 55,201 54,604 49,553 - -
Reference price 2 20.97 19.54 24.60 29.52 39.67 67.48 67.48 67.48
Announcement Date 11/13/19 11/12/20 11/16/21 11/17/22 11/15/23 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: September 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 2,209 2,408 2,271 2,848 2,685 2,657 2,728 2,814
EBITDA 1 195.5 234.5 247.6 458.2 505.3 506.2 555.3 606.8
EBIT 1 133.6 172 170.6 -189.1 196.9 413.6 490.2 544.7
Operating Margin 6.05% 7.15% 7.51% -6.64% 7.33% 15.56% 17.97% 19.36%
Earnings before Tax (EBT) 1 72.18 82.76 111.2 -270.9 112.7 313.5 389.3 453.6
Net income 1 37.29 53.43 79.21 -191.6 77.62 223.4 279.8 324.5
Net margin 1.69% 2.22% 3.49% -6.72% 2.89% 8.41% 10.26% 11.53%
EPS 2 0.8700 1.190 1.480 -3.710 1.420 4.462 5.716 6.610
Free Cash Flow 1 68.6 88.03 34.08 16.75 368.2 253.8 297 334
FCF margin 3.1% 3.66% 1.5% 0.59% 13.71% 9.55% 10.89% 11.87%
FCF Conversion (EBITDA) 35.09% 37.55% 13.76% 3.66% 72.86% 50.13% 53.49% 55.04%
FCF Conversion (Net income) 183.97% 164.76% 43.03% - 474.33% 113.6% 106.15% 102.93%
Dividend per Share 2 0.2900 0.3000 0.3200 0.3600 - 0.6000 0.6000 -
Announcement Date 11/13/19 11/12/20 11/16/21 11/17/22 11/15/23 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: September 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1 2025 Q2 2025 Q3
Net sales 1 591.7 779.6 768.2 708.9 649.4 711 683.4 641.4 643.2 672.9 688.9 652.2 657.2 690.8 704
EBITDA 1 59.55 139.6 134.8 124.8 108.6 136.9 138.6 121.3 116.4 134.2 131.7 123.9 125.2 135.1 154
EBIT 1 38.49 102.8 103.2 -433.6 81.1 -65.81 102.2 79.41 83.84 113.4 111.1 104.2 108.2 118.1 138.2
Operating Margin 6.5% 13.19% 13.44% -61.16% 12.49% -9.26% 14.95% 12.38% 13.04% 16.86% 16.13% 15.97% 16.46% 17.1% 19.63%
Earnings before Tax (EBT) 1 24.22 83.1 76.05 -453.6 68.02 -90.16 78.45 56.37 60.14 88.57 85.18 78.6 82.72 92.6 112.8
Net income 1 19.3 65.69 140.3 -416.8 48.7 -62.26 49.2 41.96 42.18 64.14 60.84 56.08 59.2 66.35 81.25
Net margin 3.26% 8.43% 18.26% -58.8% 7.5% -8.76% 7.2% 6.54% 6.56% 9.53% 8.83% 8.6% 9.01% 9.6% 11.54%
EPS 2 0.3600 1.230 2.600 -8.000 0.8800 -1.170 0.9000 0.7900 0.8200 1.280 1.232 1.138 1.205 1.355 1.668
Dividend per Share 0.0900 0.0900 0.0900 0.0900 0.1000 0.1000 2.125 - 0.1500 - - - - - -
Announcement Date 2/1/22 4/28/22 7/28/22 11/17/22 1/31/23 5/3/23 8/2/23 11/15/23 2/7/24 5/8/24 - - - - -
1USD in Million2USD
Estimates

Balance Sheet Analysis

Fiscal Period: September 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 1,032 829 797 1,453 1,367 1,386 1,236 -
Net Cash position 1 - - - - - - - -
Leverage (Debt/EBITDA) 5.279 x 3.535 x 3.218 x 3.172 x 2.704 x 2.738 x 2.226 x -
Free Cash Flow 1 68.6 88 34.1 16.8 368 254 297 334
ROE (net income / shareholders' equity) 7.83% 12.4% 13.2% 34.2% 62.5% 83% 75% -
ROA (Net income/ Total Assets) 1.79% 3.22% 3.93% 8.11% 2.97% 10% 10.9% -
Assets 1 2,080 1,657 2,017 -2,362 2,618 2,234 2,567 -
Book Value Per Share 2 11.10 15.60 15.10 9.240 5.770 5.270 9.010 11.80
Cash Flow per Share 2 - - 1.330 1.150 7.910 6.470 7.460 7.940
Capex 1 45.4 49 37 42.5 63.6 70.3 54.5 49
Capex / Sales 2.05% 2.04% 1.63% 1.49% 2.37% 2.65% 2% 1.74%
Announcement Date 11/13/19 11/12/20 11/16/21 11/17/22 11/15/23 - - -
1USD in Million2USD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
C+
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
5
Last Close Price
67.48 USD
Average target price
90.2 USD
Spread / Average Target
+33.67%
Consensus
  1. Stock Market
  2. Equities
  3. GFF Stock
  4. Financials Griffon Corporation