Tupperware’s price movement
Tupperware Brands (TUP) has a market cap of $2.2 billion. TUP fell by 14.6% to close at $43.97 per share as of January 27, 2016. The price movements on weekly, monthly, and year-to-date (or YTD) bases are -10.8%, -21.3%, and -21.0%, respectively.
Technically, the stock has broken the support and is trading below all moving day averages. Currently, TUP is trading 15.4% below its 20-day moving average, 18.6% below its 50-day moving average, and 23.5% below its 200-day moving average.
The iShares Morningstar Small Value ETF (JKL) invests 0.60% of its holdings in Tupperware. The ETF tracks a market-cap-weighted index of US small-cap value stocks. The index stocks from the 90th to the 97th percentile of the market-cap spectrum, using fundamental factors. The YTD price movement of JKL is -10.2% as of January 26, 2016.
The competitors of Tupperware Brands (TUP) and their market caps are as follows:
Tupperware’s performance in fiscal 4Q15 and fiscal 2015
Tupperware Brands (TUP) reported fiscal 4Q15 net sales of $592.1 million, a fall of 12.9% compared to net sales of $679.9 million in fiscal 4Q14. Net sales for its Europe, Asia Pacific, Beauty North America, and South America segments fell by 17.7%, 12.8%, 18.6%, and 16.8%, respectively. But net sales for the TW North America segment rose by 5.6% in fiscal 4Q15 compared to fiscal 4Q14.
The company’s net income and EPS (earnings per share) fell to $58.1 million and $1.20, respectively, in fiscal 4Q15. That compares to $82.3 million and $1.63, respectively, in fiscal 4Q14.
The company has declared a regular quarterly dividend of $0.68 per share on its common stock.
Fiscal 2015 results
In fiscal 2015, TUP reported net sales of $2,283.8 million, a fall of 12.4% YoY (year-over-year). It reported gains on disposal of assets of $13.7 million in fiscal 2015, compared to $2.7 million in fiscal 2014.
Also, the company’s net income and EPS fell to $185.8 million and $3.69, respectively, in fiscal 2015. That compares to $214.4 million and $4.20, respectively, in fiscal 2014. It reported adjusted EBITDA (earnings before interest, tax, depreciation, and amortization) of $389.7 million in fiscal 2015.
The company’s cash and cash equivalents rose by 3.6% in fiscal 2015. Its current ratio and long-term debt-to-equity ratio rose to 0.90 and 3.7, respectively, in fiscal 2015, compared to 0.85 and 3.3, respectively, in fiscal 2014.
The PE (price-to-earnings) and PS (price-to-sales) ratios of Tupperware Brands are 10.6x and 0.93x, respectively, as of January 27, 2016.
The company has made the following projections for fiscal 1Q16 and fiscal 2016:
- US dollar sales growth versus the prior year in the range of -12% to -10%
- GAAP (generally accepted accounting principles) EPS in the range of $0.74 to $0.79
- local currency sales growth versus the prior year in the range of 1% to 3%
- EPS excluding items in the range of $0.81 to $0.86
- US dollar sales growth versus the prior year in the range of -6% to -4%
- GAAP EPS in the range of $3.81 to $3.91
- local currency sales growth versus the prior year in the range of 3% to 5%
- EPS excluding items in the range of $4.07 to $4.17