Turning Point Brands, Inc. logo TPB - Turning Point Brands, Inc.

Price: -- -- | CONSENSUS: Buy DETAILS
STRONG
BUY
0
BUY 12
HOLD 1
SELL 0
STRONG
SELL
0
| PRICE TARGET: $128.33 DETAILS
HIGH: $130.00
LOW: $125.00
MEDIAN: $130.00
CONSENSUS: $128.33
UPSIDE: 42.60%
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2006 2005 2004
Revenue
Revenue 463.1 360.7 325.1 321.2 445.5 405.1 362.0 332.7 285.8 206.2 197.3 200.3 193.3 186.7 188.5 174.5 117.6 116.9 115.3
Cost of Revenue 198.7 159.1 142.1 143.4 227.6 215.1 201.9 190.1 160.9 105.9 101.0 107.2 103.0 100.9 100.7 96.2 53.3 56.7 58.6
Gross Profit 264.3 201.6 182.9 177.8 217.8 190.0 160.1 142.6 124.9 100.4 96.3 93.2 90.3 85.8 87.8 78.3 64.3 60.2 56.7
Operating Expenses
R&D Expenses 0 1.3 0.6 0.6 1.1 1.3 2.5 2.5 2.3 1.8 1.4 1.2 0.9 0 0 0 0 0 0
SG&A Expenses 169.0 113.5 102.2 98.0 123.2 121.6 104.7 94.1 75.4 56.8 51.8 45.1 46.8 41.4 42.8 39.6 47.8 43.9 37
Other Expenses 0 0 0 0 3.3 2.6 25.7 (0.1) 0 0 0 0 0.0 0 0.3 (1.0) 0.6 0.4 0.5
Operating Expenses 169.0 114.8 102.8 98.6 127.5 125.6 132.9 94.1 75.4 56.8 51.8 45.1 46.8 41.4 43.1 38.6 48.4 44.3 37.5
Operating Income
Operating Income 95.3 86.7 80.2 79.2 90.3 64.4 27.2 48.5 49.5 43.6 44.5 48.1 43.4 44.5 44.7 39.7 15.9 15.9 19.2
Interest Expense 25.4 14.0 14.6 19.5 20.5 13.5 14.4 15.1 16.9 26.6 34.3 34.3 44.1 (43) (35.2) (26.4) (27.1) (31.9) (31.3)
Interest Income 7.9 0 0 0 0 0 0 0.3 0 0 0 0 0 0 0 0 0 0 0
Profitability
EBITDA 115.9 94.1 88.6 82.6 98.6 72.1 57.0 60.6 46.1 45.8 45.6 49.0 46.3 (41.6) (25.7) (13.2) (35.8) (19.9) (47.5)
EBIT 108.5 88.4 84.5 79.2 93.6 67.0 52.9 46.4 43.8 41.6 44.5 5.3 45.4 44.5 (25.7) (13.2) (38.3) (21.6) (39.0)
Income Before Tax 83.1 65.0 62.1 42.1 65.3 50.1 19.1 31.6 26.9 14.9 10.2 (29.0) (1.1) 1.4 9.5 13.2 (11.2) 10.3 (7.7)
Income Tax Expense 15.0 16.9 24.0 11.0 14.0 12.0 2.9 6.3 7.3 (12.0) 1.1 0.4 0.5 1 1.1 (3.1) 0.8 0.2 17.4
Net Income 58.2 39.8 38.5 11.6 52.1 38.2 16.2 25.3 20.2 26.9 16.7 (29.4) (1.6) 0.4 8.4 16.3 (12) 10.1 (34.9)
Per Share Data
EPS (Basic) 3.18 2.24 2.34 0.65 2.75 1.70 0.70 1.31 1.06 1.63 0.59 -1.89 -0.10 0.02 0.46 0.89 -0.65 17.12 -53.28
EPS (Diluted) 3.11 2.14 2.01 0.64 2.52 1.67 0.69 1.28 1.04 1.49 0.55 -1.76 -0.10 0.02 0.46 0.89 -0.65 17.12 -53.28
Shares Outstanding 18.3 17.7 17.6 17.9 18.9 19.4 19.6 19.4 19.0 16.5 15.5 15.5 15.5 18.3 18.3 18.3 18.4 0.6 0.7
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2004
Current Assets
Cash & Cash Equivalents 222.8 46.2 117.9 106.4 128.3 41.8 95.2 3.3 2.6 2.9 2.3
Short-Term Investments 0 0 0 0 0 0 0 0 0 0 0
Net Receivables 25.7 24.8 29.2 8.4 6.5 9.3 6.9 2.6 3.2 2.2 7.8
Inventory 108.0 96.3 104.7 119.9 87.6 85.9 71.0 91.2 63.3 62.2 38
Other Current Assets 60.7 21.4 15.7 13.1 11.7 15.5 8.4 4.4 10.3 11.6 5.9
Total Current Assets 417.1 198.2 267.6 257.7 249.2 163.4 189.2 111.9 79.5 78.9 54
Non-Current Assets
Property, Plant & Equipment 50.7 37.9 36.8 35.3 33.7 33.4 25.9 10.6 8.9 7.6 10.8
Goodwill 136.1 135.9 136.2 136.3 162.3 159.6 154.3 145.9 134.6 134.4 128.7
Intangible Assets 64.0 65.3 86.9 84.5 87.5 79.4 33.5 35.3 26.4 27.1 10.3
Long-Term Investments 84.3 13.0 9.2 21.2 33.6 24.0 5.4 (1.4) 1.0 0.1 0
Other Non-Current Assets 11.5 42.0 31.2 28.8 33.9 35.5 38.2 34.8 31.4 30.6 23.6
Total Non-Current Assets 346.6 295.1 301.7 314.5 352.4 332.6 257.3 227.5 202.8 206.2 178.4
Total Assets 763.8 493.4 569.4 572.1 601.6 496.0 446.6 339.4 282.3 285.0 232.4
Current Liabilities
Account Payables 20.4 11.7 8.4 8.4 7.4 9.2 14.1 6.8 3.7 9.2 7
Short-Term Debt 4.6 0 58.3 0 0 12 15.2 34 15.8 16.7 14.5
Deferred Revenue 0 0 0 0 0 0 0 0 0 0 0
Other Current Liabilities 32.9 2.0 0 0.0 0.0 0.2 0 16.9 13.0 0 15.7
Total Current Liabilities 75.0 44.8 100.3 41.4 40.3 56.6 55.9 63.8 38.2 41.6 37.2
Non-Current Liabilities
Long-Term Debt 293.6 248.6 307.1 406.8 414.2 302.1 269.0 186.7 186.2 201.5 266.6
Deferred Tax Liabilities 8.3 0 0 0 0 4.1 1.6 2.3 0 0 0
Other Non-Current Liabilities 4.1 0 0 0 0 (0.4) 2.5 4.0 4.5 7.9 15.1
Total Non-Current Liabilities 316.8 258.2 317.0 417.4 427.5 321.9 284.1 193.0 190.7 209.4 281.7
Total Liabilities 391.8 303.0 417.4 458.7 467.8 378.6 340.0 256.8 229.0 251.0 318.9
Stockholders' Equity
Common Stock 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.0
Retained Earnings 199.7 147.2 112.4 78.7 71.5 23.6 (15.3) (25.5) (47.5) (67.0) (90.4)
Accumulated Other Comprehensive Income (1.6) (2.9) (2.6) (2.4) (0.2) (2.6) (3.8) (2.5) (3.0) (4.0) (2.8)
Total Stockholders' Equity 354.3 188.0 151.0 111.6 131.4 113.4 106.6 82.6 53.3 34.1 (86.5)
Total Liabilities & Equity 763.8 493.4 569.4 572.1 601.6 496.0 446.6 339.4 282.3 285.0 232.4
Debt Metrics
Total Debt 309.0 261.3 378.0 420.5 430.5 333.5 297.5 220.7 202.0 218.2 281.1
Net Debt 86.2 215.1 260.1 314.0 302.2 291.7 202.2 217.4 199.4 215.4 278.8
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2005 2004
Operating Activities
Net Income 58.2 48.0 38.5 11.2 51.3 33.0 13.8 25.3 19.7 26.9 10.1 (34.9)
Depreciation & Amortization 7.4 5.7 6.4 5.3 5.0 5.0 4.4 3.1 2.3 1.3 1.6 1.3
Stock-Based Compensation 7.0 7.2 6.6 5.3 7.6 2.6 0 1.4 0.7 0.2 0 0
Change in Working Capital (36.0) (5.1) 11.4 (26.5) (1.1) (10.5) 21.1 (22.6) (5.5) (5.8) (15.7) (53.3)
Other Non-Cash Items 11.9 10.7 (2.9) 42.7 7.0 10.8 2.7 3.3 7.3 (0.7) 5.8 63.8
Operating Cash Flow 57.4 67.1 66.9 30.3 68.2 43.7 37.8 13.1 29.7 9.1 2 4.2
Investing Activities
Capital Expenditure (13.5) (4.6) (5.7) (7.7) (6.2) (6.1) (4.8) (2.3) (2.0) (3.2) (4.8) (3.3)
Acquisitions 0 0 0 0.1 (16.4) (39.4) (7.6) (19.2) 0.3 (23.6) 0 0
Purchases of Investments (16.5) (11.4) (0.2) (1) (16.7) (19.2) (1.4) (2) (0.2) 0 0 0
Sales/Maturities of Investments 6.4 5.4 0 (0.1) 6.2 6.1 29.7 2.3 1.6 0 0 0
Other Investing Activities (8.0) 0.1 0.0 (10.1) (25.8) (6.1) 0 (3.5) (1.6) (29.1) 0 (0.0)
Investing Cash Flow (31.7) (10.5) (5.9) (18.8) (58.8) (64.8) 15.9 (24.7) (1.9) (26.8) (4.8) (3.3)
Financing Activities
Net Debt Issuance 50 (118.5) (41.8) (9) 110.4 (12.9) 91.4 14.2 (25.5) (33.5) 0 0
Stock Repurchased (0.0) (6.3) (1.0) (29.2) (38.7) (10.2) (0.0) (0.6) (2.7) 0 0 (65.1)
Dividends Paid (5.5) (4.9) (4.5) (4.2) (4.1) (3.8) (3.5) (2.3) (0.8) 0 0 0
Other Financing Activities (12.2) 1.6 (2.2) (0.8) (10.5) (2.4) (20.6) (2.0) (0.0) (0.5) 1.3 1.1
Financing Cash Flow 148.3 (128.2) (49.5) (43.3) 57.1 (29.3) 68.0 9.9 (28.0) 15.7 1.0 1.1
Cash Position
Net Change in Cash 173.8 (71.9) 11.5 (32.1) 66.6 (50.5) 91.9 (1.6) (0.3) (2.0) (1.8) 2.0
Cash at Beginning 50.9 122.8 106.4 143.5 76.8 127.3 3.3 7.3 2.9 4.8 2.3 0.3
Cash at End 224.7 50.9 117.9 111.3 143.5 76.8 95.2 5.7 2.6 2.9 0.5 2.3
Free Cash Flow 43.8 62.4 61.2 22.6 62.1 37.5 33.0 10.8 27.7 5.9 (2.8) 0.9
Key Metrics 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2006 2005 2004
Income Statement
Revenue 463.1 360.7 325.1 321.2 445.5 405.1 362.0 332.7 285.8 206.2 197.3 200.3 193.3 186.7 188.5 174.5 117.6 116.9 115.3
Gross Profit 264.3 201.6 182.9 177.8 217.8 190.0 160.1 142.6 124.9 100.4 96.3 93.2 90.3 85.8 87.8 78.3 64.3 60.2 56.7
Operating Income 95.3 86.7 80.2 79.2 90.3 64.4 27.2 48.5 49.5 43.6 44.5 48.1 43.4 44.5 44.7 39.7 15.9 15.9 19.2
Net Income 58.2 39.8 38.5 11.6 52.1 38.2 16.2 25.3 20.2 26.9 16.7 (29.4) (1.6) 0.4 8.4 16.3 (12) 10.1 (34.9)
EPS (Diluted) 3.11 2.14 2.01 0.64 2.52 1.67 0.69 1.28 1.04 1.49 0.55 -1.76 -0.10 0.02 0.46 0.89 -0.65 17.12 -53.28
Balance Sheet
Cash & Equivalents 222.8 46.2 117.9 106.4 128.3 41.8 95.2 3.3 2.6 2.9 2.3
Total Assets 763.8 493.4 569.4 572.1 601.6 496.0 446.6 339.4 282.3 285.0 232.4
Total Debt 309.0 261.3 378.0 420.5 430.5 333.5 297.5 220.7 202.0 218.2 281.1
Stockholders' Equity 354.3 188.0 151.0 111.6 131.4 113.4 106.6 82.6 53.3 34.1 (86.5)
Cash Flow
Operating Cash Flow 57.4 67.1 66.9 30.3 68.2 43.7 37.8 13.1 29.7 9.1 2 4.2
Capital Expenditure (13.5) (4.6) (5.7) (7.7) (6.2) (6.1) (4.8) (2.3) (2.0) (3.2) (4.8) (3.3)
Free Cash Flow 43.8 62.4 61.2 22.6 62.1 37.5 33.0 10.8 27.7 5.9 (2.8) 0.9