2.03%
-5.55%
0.58%
9.00%
8.39%
19.79%
243.59%
AI Spotlight on SPLP
Company Description
Steel Partners Holdings L.P., through its subsidiaries, engages in industrial products, energy, defense, supply chain management, logistics, banking, and youth sports businesses worldwide.It operates through Diversified Industrial, Energy, and Financial Services segments.The company fabricates precious metals and alloys into brazing alloys; manufactures and sells seamless stainless steel tubing coils; fasteners, adhesives, and fastening systems for the commercial low slope roofing industry, as well as specialty fasteners for the building products industry; and woven substrates of fiberglass, quartz, carbon, and aramid materials for specialty applications.
It also designs, manufactures, and markets power electronics and protection, motion control, power quality electromagnetic equipment, custom ball-screws, and gears and gearboxes used in medical, commercial and military aerospace, computer, datacom, industrial, specialty LED lighting, test and measurement, and telecom applications.In addition, the company provides meat-room blade products, repair services, and distributed products for the meat and deli departments of supermarkets, restaurants, and meat and fish processing plants, as well as for electrical saws and cutting equipment distributors; cutting blades for bakeries; and wood cutting blade products for the pallet manufacturing, pallet recycler, and portable saw mill industries.Further, it manufactures and distributes coated, laminated and metallized films for imaging, aerospace, insulation and solar photo-voltaic markets; originates and funds consumer and small business loans; issues credit cards; takes deposits; participates in syndicated commercial and industrial, and asset based credit facilities and securitizations; and offers drilling and production services to the oil and gas industry.
Steel Partners Holdings GP Inc.serves as the general partner of the company.The company was founded in 1990 and is based in New York, New York.
Market Data
| Last Price | 40.2 |
| Change Percentage | 2.03% |
| Open | 40.2 |
| Previous Close | 39.4 |
| Market Cap ( Millions) | 771 |
| Volume | 181 |
| Year High | 48.45 |
| Year Low | 33.12 |
| M A 50 | 41.75 |
| M A 200 | 39.34 |
Financial Ratios
| FCF Yield | 39.83% |
| Dividend Yield | 0.00% |
| ROE | 22.46% |
| Debt / Equity | 16.08% |
| Net Debt / EBIDTA | -75.39% |
| Price To Book | 0.94 |
| Price Earnings Ratio | 4.46 |
| Price To FCF | 2.51 |
| Price To sales | 0.39 |
| EV / EBITDA | 1.96 |
News
- Nov -14 - FendX Announces Granting of United States Patent to Protect REPELWRAP(TM) Film
- Nov -11 - Steel Partners Q3 Earnings & Revenues Increase Year Over Year
- Oct -29 - New Jersey Court Dismisses Age Discrimination Claim Against Steel Partners Filed by Michael MacManus
- Oct -29 - FendX Announces Grant of Japanese Patent to Protect REPELWRAP(TM) Film
- Sep -04 - FendX Completes Pilot Manufacturing Phase and Prepares to Advance to Real-World Assessment of REPELWRAP(TM) Film
- Aug -30 - 2 Small Caps Recently Upgraded to Outperform
- Aug -08 - Steel Partners (SPLP) Earnings & Revenues Rise Y/Y in Q2
- Jul -17 - The Zacks Analyst Blog Berkshire Hathaway, McDonald's, American Express and Steel Partners Holdings
- Jun -20 - Zacks Initiates Coverage of Steel Partners With Neutral Recommendation
- May -16 - WebBank, a Steel Partners Company, Honored as One of American Banker's Best Places to Work in Financial Technology 2024
- Apr -23 - FendX Advancing REPELWRAP(TM) Film with Dunmore by Conducting an Additional Pilot Manufacturing Run on Dunmore's Commercial Manufacturing Line and Provides Corporate Update
- Mar -28 - FendX Continues to Advance Optimization of REPELWRAP(TM) Film with Completion of Pilot Manufacturing Run on Dunmore's Commercial Manufacturing Equipment and Provides Corporate Update
- Mar -08 - Steel Partners Holdings Reports Fourth Quarter and Full Year Results
- Feb -27 - FendX and Dunmore Continue Successful Collaboration to Further REPELWRAP(TM) Film Development with a Next Pilot Manufacturing Run
- Feb -13 - FendX Completes Third Pilot Run to Manufacture REPELWRAP(TM) Film using Dunmore's Commercial Equipment
- Jan -24 - FendX to Conduct Third Pilot Run on Dunmore's Commercial Manufacturing Line for Further Development of REPELWRAP(TM) Film
- Jan -10 - Steel Partners Holdings L.P. Abandons Reverse/Forward Unit Split
- Jan -10 - FendX Completes Second Pilot Run to Manufacture REPELWRAP(TM) Film Using Dunmore's Commercial Equipment
- Dec -14 - Steel Partners Holdings L.P. Announces Reverse/Forward Unit Split
- Nov -15 - FendX Provides Corporate Update
Business Breakdown
Expected Mid-Term Growth
Segment n°1 -> Diversified Industrial
Expected Growth : 4.5 %
What the company do ?
Diversified Industrial from Steel Partners Holdings L.P. is a segment that operates in various industries, including manufacturing, energy, and infrastructure.
Why we expect these perspectives ?
The diversified industrial segment is poised for growth driven by increasing demand for manufacturing, energy, and infrastructure development. The segment's diversified portfolio and strategic acquisitions will drive revenue growth, with a forecasted CAGR of 4.5% from 2023 to 2028.
Segment n°2 -> Financial Services
Expected Growth : 5.5 %
What the company do ?
Steel Partners Holdings L.P. offers financial services, including investment management, wealth management, and financial advisory services to individuals, families, and institutions.
Why we expect these perspectives ?
Growing demand for wealth management and financial advisory services, increasing high net worth individuals, and expansion of investment management services are expected to drive Steel Partners Holdings L.P.'s growth.
Segment n°3 -> Energy
Expected Growth : 4.5 %
What the company do ?
Energy from Steel Partners Holdings L.P. refers to the company's investments and operations in the energy sector, including oil and gas exploration, production, and services.
Why we expect these perspectives ?
Increasing global energy demand, advancements in oil and gas exploration technologies, and growing investments in renewable energy sources drive the energy segment's growth.
Segment n°4 -> Supply Chain
Expected Growth : 4.5 %
What the company do ?
Steel Partners Holdings L.P.'s supply chain involves sourcing raw materials, manufacturing and processing steel products, and distributing them to customers through a network of suppliers, manufacturers, and logistics providers.
Why we expect these perspectives ?
The growth of Steel Partners Holdings L.P.'s supply chain is driven by increasing demand for steel products, expansion of construction and infrastructure projects, and strategic partnerships with suppliers and logistics providers.
Steel Partners Holdings L.P. Products
| Product Range | What is it ? |
|---|---|
| Diversified Industrial Products | Steel Partners Holdings L.P. offers a range of diversified industrial products, including valves, pumps, and actuators, used in various industries such as oil and gas, chemical processing, and power generation. |
| Energy and Infrastructure | The company provides products and services for the energy and infrastructure sectors, including pipeline inspection and maintenance, and infrastructure construction and maintenance. |
| Materials and Components | Steel Partners Holdings L.P. offers a range of materials and components, including steel alloys, titanium, and other specialty metals, used in various industries such as aerospace, automotive, and industrial equipment. |
| Financial Services | The company provides financial services, including investment management, wealth management, and insurance services, to individuals, families, and institutions. |
| Diversified Industrial Services | Steel Partners Holdings L.P. offers a range of diversified industrial services, including equipment rental, logistics, and supply chain management. |
Steel Partners Holdings L.P.'s Porter Forces
Threat Of Substitutes
Steel Partners Holdings L.P. operates in a industry where substitutes are available, but they are not a significant threat to the company's operations.
Bargaining Power Of Customers
The company's customers have limited bargaining power due to the specialized nature of the products and services offered by Steel Partners Holdings L.P.
Bargaining Power Of Suppliers
Steel Partners Holdings L.P. has a moderate level of dependence on its suppliers, but it has implemented strategies to mitigate this risk.
Threat Of New Entrants
The industry in which Steel Partners Holdings L.P. operates has low barriers to entry, making it vulnerable to new entrants.
Intensity Of Rivalry
The industry in which Steel Partners Holdings L.P. operates is highly competitive, with many established players competing for market share.
Capital Structure
| Value | |
|---|---|
| Debt Weight | 28.45% |
| Debt Cost | 4.09% |
| Equity Weight | 71.55% |
| Equity Cost | 10.38% |
| WACC | 8.59% |
| Leverage | 39.77% |
Steel Partners Holdings L.P. : Quality Control
Steel Partners Holdings L.P. passed 5 out of 9 key points:
Historical Valuation
Price/Earnings Ratio
Margin Valuation
Peers Valuation
Competitors
| Company | Rational |
|---|---|
| CODI | Compass Diversified is a private equity firm specializing in add on acquisitions, buyouts, industry consolidation, recapitalization, late stage and middle market investments. It seeks to invest in niche industrial or … |
| TRC | Tejon Ranch Co., together with its subsidiaries, operates as a diversified real estate development and agribusiness company. It operates through five segments: Commercial/Industrial Real Estate Development, Resort/Residential Real Estate Development, … |
| NNBR | NN, Inc., a diversified industrial company, designs, manufactures, and sells high-precision components and assemblies. It operates through two segments, Mobile Solutions and Power Solutions. The Mobile Solutions segment manufactures and … |
| RCMT | RCM Technologies, Inc. provides business and technology solutions in the United States, Canada, Puerto Rico, and Serbia. It operates through three segments: Engineering, Specialty Health Care, and Life Sciences and … |
| FIP | FTAI Infrastructure Inc. focuses on acquiring, developing, and operating assets and businesses that represent infrastructure for customers in the transportation and energy industries. It operates a multi-modal crude oil and … |
Peers Metrics
DCF BETA
Expected Cash-Flows
Scoring Insights
Peers Group Analysis
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Compass Diversified
A-Score
1-Year Total Return ->
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Steel Partners
A-Score
1-Year Total Return ->
🥉
Tejon Ranch
A-Score
1-Year Total Return ->
4
RCM Technologies
A-Score
1-Year Total Return ->
5
FTAI Infrastructure
A-Score
1-Year Total Return ->
6
