Turning Point Financials

TPB Stock  USD 61.90  0.49  0.80%   
Based on the key indicators related to Turning Point's liquidity, profitability, solvency, and operating efficiency, Turning Point Brands may be sliding down financialy. It has an above-average risk of going through some form of financial distress next quarter. At present, Turning Point's Other Current Liabilities is projected to decrease significantly based on the last few years of reporting. The current year's Total Current Liabilities is expected to grow to about 105.4 M, whereas Total Assets are forecasted to decline to about 376.4 M. Key indicators impacting Turning Point's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Operating Income51.6 M82.6 M
Way Down
Slightly volatile
Current Ratio1.932.6672
Way Down
Slightly volatile
The essential information of the day-to-day investment outlook for Turning Point includes many different criteria found on its balance sheet. An individual investor should monitor Turning Point's cash flow, debt, and profitability to accurately make informed decisions on whether to invest in Turning Point.

Net Income

40.39 Million

  
Understanding current and past Turning Point Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Turning Point's financial statements are interrelated, with each one affecting the others. For example, an increase in Turning Point's assets may result in an increase in income on the income statement.

Turning Point Earnings Geography

Please note, the presentation of Turning Point's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Turning Point's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Turning Point's management manipulating its earnings.

Turning Point Stock Summary

Turning Point competes with Universal, Imperial Brands, British Amer, Philip Morris, and Japan Tobacco. Turning Point Brands, Inc., together with its subsidiaries, manufactures, markets, and distributes branded consumer products. Turning Point Brands, Inc. was founded in 1988 and is headquartered in Louisville, Kentucky. Turning Point operates under Tobacco classification in the United States and is traded on New York Stock Exchange. It employs 426 people.
Specialization
Consumer Defensive, Food, Beverage & Tobacco
InstrumentUSA Stock View All
ExchangeNew York Stock Exchange
ISINUS90041L1052
CUSIP90041L105
LocationKentucky; U.S.A
Business Address5201 Interchange Way,
SectorTobacco
IndustryConsumer Staples
BenchmarkDow Jones Industrial
Websitewww.turningpointbrands.com/home/default.as
Phone502 778 4421
CurrencyUSD - US Dollar

Turning Point Key Financial Ratios

Turning Point Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets446.6M489.3M601.6M572.1M569.4M376.4M
Other Current Liab26.5M27.9M27.9M28.1M27.1M28.5M
Net Debt200.0M264.3M299.2M310.9M260.1M250.0M
Retained Earnings(15.3M)12.1M71.5M78.7M112.4M118.1M
Accounts Payable14.1M9.2M7.4M8.4M8.4M7.9M
Cash95.3M41.8M128.3M106.4M117.9M123.8M
Net Receivables6.9M9.3M6.5M8.4M29.2M30.6M
Good Will154.3M159.6M162.3M136.3M136.3M152.1M
Inventory71.0M79.8M87.6M119.9M104.7M73.1M
Other Current Assets16.1M19.3M26.7M23.0M15.9M14.5M
Total Liab340.0M358.5M467.8M458.7M417.4M369.6M
Total Current Assets189.3M157.3M249.2M256.5M267.6M281.0M
Short Term Debt15.2M15.2M3.0M3.1M61.0M64.0M
Intangible Assets33.5M79.4M87.5M83.6M86.9M91.2M
Common Stock196K197K195K198K199K130.7K
Other Assets38.2M77.5M68.9M60.5M54.5M76.6M
Other Liab4.5M5.4M1.6M4.1M3.7M4.7M
Net Tangible Assets(81.2M)(112.3M)(118.4M)(108.2M)(124.4M)(130.7M)
Long Term Debt269.0M278.0M414.2M406.8M307.1M312.8M
Short Long Term Debt34M15.2M12M58.3M67.0M70.4M
Long Term Debt Total269.0M278.0M414.2M406.8M467.8M307.0M
Capital Surpluse125.5M127.4M108.8M113.2M130.2M110.9M

Turning Point Key Income Statement Accounts

201920202021202220232024 (projected)
Interest Expense17.3M20.2M20.5M19.5M14.6M21.6M
Total Revenue362.0M405.1M445.5M415.0M405.4M281.3M
Gross Profit136.7M189.6M217.8M205.5M203.2M131.6M
Operating Income26.9M64.1M90.3M75.5M82.6M51.6M
Ebit31.5M62.1M85.7M35.5M76.3M80.1M
Ebitda35.9M67.5M90.5M40.8M82.7M86.8M
Cost Of Revenue225.2M215.5M227.6M209.5M202.2M149.8M
Income Before Tax15.8M43.1M65.3M16.0M61.7M64.8M
Net Income13.8M38.2M52.1M11.6M38.5M40.4M
Income Tax Expense2.0M10.0M14.0M4.8M23.9M25.1M
Tax Provision2.0M10.0M14.0M4.8M5.7M6.0M
Interest Income14.7M20.0M27.2M32.8M37.8M25.5M
Net Interest Income(17.3M)(20.2M)(20.5M)(19.5M)(16.4M)(17.2M)

Turning Point Key Cash Accounts

201920202021202220232024 (projected)
Change To Inventory21.0M(7.7M)(9K)(32.7M)21.0M22.0M
Change In Cash121.7M(50.5M)66.6M(32.1M)11.5M7.6M
Free Cash Flow33.0M37.5M62.1M22.6M61.2M64.2M
Depreciation4.1M5.0M5.0M5.3M6.4M3.2M
Other Non Cash Items(577K)10.8M7.0M42.7M(2.9M)(2.8M)
Dividends Paid3.5M3.8M4.1M4.3M4.5M3.2M
Capital Expenditures4.8M6.1M6.2M7.7M5.7M4.0M
Net Income13.8M33.0M51.3M11.2M38.5M40.4M
End Period Cash Flow127.3M76.8M143.5M111.3M117.9M123.8M
Investments(1.4M)(19.3M)(16.7M)(18.8M)(5.4M)(5.7M)
Net Borrowings70.9M(12.9M)110.4M(9M)(10.4M)(9.8M)
Change To Netincome(1.3M)5.5M9.7M39.0M44.8M47.0M
Change Receivables(3.5M)(2.1M)3.3M(2.1M)(1.9M)(1.8M)

Turning Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Turning Point's current stock value. Our valuation model uses many indicators to compare Turning Point value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Turning Point competition to find correlations between indicators driving Turning Point's intrinsic value. More Info.
Turning Point Brands is currently regarded as top stock in return on equity category among its peers. It is rated below average in return on asset category among its peers reporting about  0.37  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Turning Point Brands is roughly  2.68 . At present, Turning Point's Return On Equity is projected to increase slightly based on the last few years of reporting. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Turning Point's earnings, one of the primary drivers of an investment's value.

Turning Point's Earnings Breakdown by Geography

Turning Point Brands Systematic Risk

Turning Point's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Turning Point volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was ten with a total number of output elements of fifty-one. The Beta measures systematic risk based on how returns on Turning Point Brands correlated with the market. If Beta is less than 0 Turning Point generally moves in the opposite direction as compared to the market. If Turning Point Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Turning Point Brands is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Turning Point is generally in the same direction as the market. If Beta > 1 Turning Point moves generally in the same direction as, but more than the movement of the benchmark.

Turning Point Thematic Clasifications

Turning Point Brands is part of Cigarettes investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Tobacco and tobacco products. Tobacco makers and distributors across globe
CigarettesView
This theme covers Tobacco and tobacco products. Tobacco makers and distributors across globe. Get More Thematic Ideas
Today, most investors in Turning Point Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Turning Point's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Turning Point growth as a starting point in their analysis.

Price Earnings To Growth Ratio

0.0486

At present, Turning Point's Price Earnings To Growth Ratio is projected to increase slightly based on the last few years of reporting.

Turning Point November 30, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Turning Point help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Turning Point Brands. We use our internally-developed statistical techniques to arrive at the intrinsic value of Turning Point Brands based on widely used predictive technical indicators. In general, we focus on analyzing Turning Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Turning Point's daily price indicators and compare them against related drivers.

Complementary Tools for Turning Stock analysis

When running Turning Point's price analysis, check to measure Turning Point's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Turning Point is operating at the current time. Most of Turning Point's value examination focuses on studying past and present price action to predict the probability of Turning Point's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Turning Point's price. Additionally, you may evaluate how the addition of Turning Point to your portfolios can decrease your overall portfolio volatility.
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