5.25%
4.83%
33.39%
67.02%
159.37%
78.82%
175.83%
AI Spotlight on TPB
Company Description
Turning Point Brands, Inc., together with its subsidiaries, manufactures, markets, and distributes branded consumer products.The company operates through three segments: Zig-Zag Products, Stoker's Products, and NewGen Products.The Zig-Zag Products segment markets and distributes rolling papers, tubes, finished cigars, make-your-own cigar wraps, and related products under the Zig-Zag brand.
The Stoker's Products segment manufactures and markets moist snuff tobacco and loose-leaf chewing tobacco products under the Stoker's, Beech-Nut, Durango, Trophy, and Wind River brands.The NewGen Products segment markets and distributes cannabidiol isolate, liquid vapor products, and other products without tobacco and/or nicotine to individual consumers through VaporFi B2C online platform, as well as non-traditional retail through VaporBeast.It sells its products to wholesale distributors and retail merchants in the independent and chain convenience stores, tobacco outlets, food stores, mass merchandising, and drug stores.
The company was formerly known as North Atlantic Holding Company, Inc.and changed its name to Turning Point Brands, Inc.in November 2015.
Turning Point Brands, Inc.was founded in 1988 and is headquartered in Louisville, Kentucky.
Market Data
| Last Price | 63 |
| Change Percentage | 5.25% |
| Open | 60.15 |
| Previous Close | 59.86 |
| Market Cap ( Millions) | 1116 |
| Volume | 258339 |
| Year High | 66.17 |
| Year Low | 21.98 |
| M A 50 | 59.85 |
| M A 200 | 42.97 |
Financial Ratios
| FCF Yield | 6.36% |
| Dividend Yield | 0.44% |
| ROE | 28.37% |
| Debt / Equity | 140.12% |
| Net Debt / EBIDTA | 242.85% |
| Price To Book | 6.01 |
| Price Earnings Ratio | 23.52 |
| Price To FCF | 15.71 |
| Price To sales | 2.43 |
| EV / EBITDA | 14.39 |
News
- Dec -30 - Turning Point Brands: Scaling An Alp With Tucker Carlson
- Dec -23 - ALP Pre-orders Demolish Expectations as ALP Officially Launches Online
- Dec -18 - Turning Point Brands: Alp Is Off To A Fast Start
- Nov -14 - Tucker Carlson Introduces ALP, A Revolutionary New Nicotine Pouch Company
- Nov -14 - Tucker Carlson Introduces ALP, A Revolutionary New Nicotine Pouch Company
- Nov -09 - Turning Point Brands (TPB) Q3 2024 Earnings Call Transcript
- Oct -24 - Turning Point Brands to Host Third Quarter 2024 Conference Call
- Oct -14 - Turning Point Brands: Growth In Disguise (Rating Upgrade)
- Oct -14 - Turning Point Brands: Why This Tobacco Stock Winner Has More Room To Run
- Oct -06 - Pick Top Stocks Like Fantasy Football
- Aug -13 - ZIG-ZAG LAUNCHES FOUR NEW FLAVORS OF 100% TOBACCO-FREE HEMP WRAPS
- Aug -03 - Turning Point Brands (TPB) Q2 2024 Earnings Call Transcript
- Aug -02 - Turning Point Brands Q2: Great Underlying Growth Goes Unnoticed
- Jul -18 - Turning Point Brands to Host Second Quarter 2024 Conference Call
- Jul -08 - Raw rolling-papers founder Josh Kesselman's quest: an IPO that doesn't kill the company's vibe
- Jun -20 - 3 Overlooked Tobacco Stocks Quietly Making Investors Rich
- May -22 - Turning Point Brands: Stable Business With Great Cash Flow Yield
- May -04 - Turning Point Brands, Inc. (TPB) Q1 2024 Earnings Call Transcript
- May -02 - Turning Point Brands Announces First Quarter 2024 Results
- May -01 - Turning Point Brands Declares Common Stock Dividend
Business Breakdown
Expected Mid-Term Growth
Segment n°1 -> Zig-Zag Products
Expected Growth : 2 %
What the company do ?
Zig-Zag Products from Turning Point Brands, Inc. offers a range of rolling papers, cones, and other smoking accessories with a rich history and iconic branding.
Why we expect these perspectives ?
Zig-Zag Products' 2% growth is driven by increasing demand for rolling papers and cones, particularly among younger generations and cannabis users. Strong brand recognition, innovative products, and strategic partnerships also contribute to growth. Additionally, the company's focus on e-commerce and expanding distribution channels enhance its market reach, further fueling growth.
Segment n°2 -> Stoker's Products
Expected Growth : 3 %
What the company do ?
Stoker's Products from Turning Point Brands, Inc. offers a range of smokeless tobacco products, including chew, snuff, and snus, catering to adult consumers.
Why we expect these perspectives ?
Stoker's Products, a subsidiary of Turning Point Brands, Inc., exhibits 3% growth driven by increasing demand for alternative smoking products, expanding distribution channels, and strategic marketing efforts. Additionally, the company's focus on innovation, such as the introduction of new flavors and products, contributes to its growth momentum.
Segment n°3 -> Creative Distribution Solutions
Expected Growth : 4 %
What the company do ?
Creative Distribution Solutions from Turning Point Brands, Inc. offers a comprehensive platform for brands to manage their products' distribution, logistics, and retail services.
Why we expect these perspectives ?
Creative Distribution Solutions from Turning Point Brands, Inc. achieves 4% growth driven by increasing demand for e-vapor products, strategic partnerships, and expansion into new markets. Additionally, the company's focus on innovation, product diversification, and efficient logistics management contribute to its growth momentum.
Turning Point Brands, Inc. Products
| Product Range | What is it ? |
|---|---|
| Zig-Zag Rolling Papers | A brand of rolling papers and accessories, offering a range of products for rolling and smoking tobacco and other herbs. |
| Stoker's MST | A brand of moist snuff tobacco products, offering a range of flavors and nicotine levels. |
| Beech-Nut E-Liquids | A brand of e-liquids and vaping products, offering a range of flavors and nicotine levels. |
| NewGen Products | A brand of alternative nicotine products, including e-liquids, vaping devices, and heat-not-burn products. |
Turning Point Brands, Inc.'s Porter Forces
Threat Of Substitutes
Turning Point Brands, Inc. operates in the Other Tobacco Products industry, which has a moderate threat of substitutes. While there are some alternatives to traditional tobacco products, such as e-cigarettes and heat-not-burn products, they are not yet widely adopted and are subject to varying regulations.
Bargaining Power Of Customers
Turning Point Brands, Inc. has a diverse customer base, including retailers, wholesalers, and distributors. However, the company's customers are not highly concentrated, and the switching costs are relatively low, giving customers some bargaining power.
Bargaining Power Of Suppliers
Turning Point Brands, Inc. relies on a few large suppliers for its tobacco and other raw materials. While the company has some bargaining power due to its size, the suppliers also have some leverage due to the specialized nature of the products.
Threat Of New Entrants
The tobacco industry has significant barriers to entry, including high regulatory hurdles, significant capital requirements, and established distribution networks. These barriers make it difficult for new entrants to enter the market.
Intensity Of Rivalry
The tobacco industry is highly competitive, with several large players competing for market share. Turning Point Brands, Inc. faces intense competition from established players, as well as from new entrants and alternative products.
Capital Structure
| Value | |
|---|---|
| Debt Weight | 70.91% |
| Debt Cost | 6.33% |
| Equity Weight | 29.09% |
| Equity Cost | 6.41% |
| WACC | 6.35% |
| Leverage | 243.77% |
Turning Point Brands, Inc. : Quality Control
Turning Point Brands, Inc. passed 7 out of 9 key points:
Historical Valuation
Price/Earnings Ratio
Margin Valuation
Peers Valuation
Competitors
| Company | Rational |
|---|---|
| CHSCP | CHS Inc., an integrated agricultural company, provides grains, foods, and energy resources to businesses and consumers in North America, South America, Europe, the Middle East, Africa, and the Asia Pacific. … |
| VLGEA | Village Super Market, Inc. operates a chain of supermarkets in the United States. Its stores feature specialty departments, such as an on-site bakery, an expanded delicatessen; and various natural and … |
| MO | Altria Group, Inc., through its subsidiaries, manufactures and sells smokeable and oral tobacco products in the United States. The company provides cigarettes primarily under the Marlboro brand; cigars and pipe … |
| UVV | Universal Corporation processes and supplies leaf tobacco and plant-based ingredients worldwide. The company operates through two segments, Tobacco Operations and Ingredients Operations. It is involved in the procuring, financing, processing, … |
| VGR | Vector Group Ltd., through its subsidiaries, manufactures and sells cigarettes in the United States. It operates in two segments, Tobacco and Real Estate. The company produces cigarettes in 100 combinations … |
Peers Metrics
DCF BETA
Expected Cash-Flows
Scoring Insights
Peers Group Analysis
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Altria
A-Score
1-Year Total Return ->
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Vector
A-Score
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CHS
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1-Year Total Return ->
4
Village Super Market
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1-Year Total Return ->
5
Universal
A-Score
1-Year Total Return ->
6
