Last 7 days
-0.8%
Last 30 days
2.5%
Last 90 days
4.3%
Trailing 12 Months
125.5%
Historical Charts for Stock Metrics
Year | Q1 | Q2 | Q3 | Q4 |
---|---|---|---|---|
2024 | 2.6B | 0 | 0 | 0 |
2023 | 2.8B | 2.8B | 2.7B | 2.7B |
2022 | 2.5B | 2.7B | 2.8B | 2.9B |
2021 | 2.4B | 2.4B | 2.3B | 2.3B |
2020 | 2.3B | 2.3B | 2.4B | 2.4B |
2019 | 2.1B | 2.2B | 2.2B | 2.2B |
2018 | 1.7B | 1.9B | 2.0B | 2.1B |
2017 | 1.5B | 1.5B | 1.5B | 1.6B |
2016 | 1.5B | 1.5B | 1.5B | 1.5B |
2015 | 1.8B | 1.6B | 1.5B | 1.5B |
2014 | 1.9B | 1.9B | 2.0B | 1.9B |
2013 | 1.8B | 1.9B | 1.9B | 1.9B |
2012 | 1.9B | 1.9B | 1.9B | 1.8B |
2011 | 1.6B | 1.7B | 1.8B | 1.9B |
2010 | 0 | 1.2B | 1.3B | 1.4B |
2009 | 0 | 0 | 1.2B | 0 |
Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index
Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>
Returns of $10,000 invested in:
Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224
Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.
Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
---|---|---|---|---|---|---|
Mar 20, 2024 | turnbull cheryl l | acquired | - | - | 1,525 | - |
Mar 20, 2024 | taylor michelle l | acquired | - | - | 1,525 | - |
Mar 20, 2024 | sullivan kevin f | acquired | - | - | 1,525 | - |
Mar 20, 2024 | renuart victor eugene | acquired | - | - | 1,525 | - |
Mar 20, 2024 | coben jerome l | acquired | - | - | 1,525 | - |
Mar 20, 2024 | alpert henry a | acquired | - | - | 1,525 | - |
Mar 20, 2024 | grabowsky louis j. | acquired | - | - | 1,525 | - |
Mar 20, 2024 | hegedus samanta | acquired | - | - | 1,525 | - |
Mar 20, 2024 | johnson lacy m. | acquired | - | - | 1,525 | - |
Mar 20, 2024 | diao h.c. charles | acquired | - | - | 1,525 | - |
Which funds bought or sold GFF recently?
View All DetailsDatesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
---|---|---|---|---|---|---|
May 10, 2024 | CITIGROUP INC | added | 16.18 | 643,531 | 2,260,410 | -% |
May 10, 2024 | ACADIAN ASSET MANAGEMENT LLC | new | - | 487,000 | 487,000 | -% |
May 10, 2024 | Campbell & CO Investment Adviser LLC | sold off | -100 | -649,118 | - | -% |
May 10, 2024 | Y-Intercept (Hong Kong) Ltd | new | - | 556,724 | 556,724 | 0.04% |
May 10, 2024 | Vontobel Holding Ltd. | reduced | -10.96 | 22,318 | 334,870 | -% |
May 10, 2024 | Scarborough Advisors, LLC | sold off | -100 | -34,854 | - | -% |
May 10, 2024 | Covestor Ltd | reduced | -20.06 | -1,000 | 39,000 | 0.03% |
May 10, 2024 | VANGUARD GROUP INC | added | 0.66 | 75,502,000 | 432,954,000 | 0.01% |
May 10, 2024 | TD Waterhouse Canada Inc. | added | 4.52 | 1,171,080 | 5,316,110 | 0.04% |
May 10, 2024 | CIBC Private Wealth Group, LLC | new | - | 147,721 | 147,721 | -% |
Unveiling Griffon Corp's Major ShareHolders
Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
---|---|---|---|---|---|
Peers (Alternatives to Griffon Corp)
Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
---|---|---|---|---|---|---|---|---|
LARGE-CAP | ||||||||
HON | 132.7B | 36.9B | 23.17 | 3.6 | ||||
MMM | 55.1B | 32.7B | -7.83 | 1.69 | ||||
MID-CAP | ||||||||
MDU | 5.2B | 4.3B | 10.8 | 1.2 | ||||
GFF | 3.4B | 2.6B | 17.38 | 1.3 | ||||
SEB | 3.3B | 9.3B | 12.3 | 0.35 | ||||
VRTV | 2.3B | 6.1B | 8.49 | 0.38 | ||||
SMALL-CAP | ||||||||
CODI | 1.7B | 2.1B | 11.88 | 0.79 | ||||
MATW | 889.7M | 1.9B | 26.81 | 0.47 | ||||
SPLP | 783.5M | 1.9B | 4.9 | 0.4 | ||||
NNBR | 173.5M | 483.4M | -3.3 | 0.36 | ||||
RCMT | 168.8M | 268.1M | 9.96 | 0.63 |
Griffon Corp News
Income Statement (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2024Q1 | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 |
Revenue | 4.6% | 673 | 643 | 641 | 683 | 711 | 649 | 709 | 768 | 780 | 592 | 570 | 584 | 575 | 542 | 661 | 632 | 566 | 548 | 574 | 575 | 550 |
Gross Profit | 14.4% | 271 | 237 | 246 | 275 | 194 | 234 | 250 | 261 | 261 | 166 | 156 | 160 | 161 | 164 | 174 | 165 | 152 | 150 | 158 | 152 | 134 |
Operating Expenses | - | 157 | - | 166 | 172 | 260 | - | 683 | 157 | 158 | - | - | - | - | - | - | - | - | - | - | - | - |
S&GA Expenses | 2.9% | 157 | 153 | 157 | 172 | 160 | 153 | 166 | 157 | 158 | 127 | 123 | 118 | 118 | 112 | 87.00 | 114 | 126 | 118 | 65.00 | 118 | 112 |
EBITDA Margin | 89.7% | 0.15* | 0.08* | 0.08* | -0.11* | -0.11* | -0.05* | -0.07* | 0.10* | 0.09* | 0.07* | 0.08* | 0.07* | 0.07* | 0.06* | 0.06* | 0.10* | - | - | - | - | - |
Interest Expenses | 3.4% | 26.00 | 25.00 | 26.00 | 26.00 | 25.00 | 25.00 | 23.00 | 24.00 | 21.00 | 16.00 | 16.00 | 16.00 | 16.00 | 16.00 | 17.00 | 17.00 | 17.00 | 16.00 | 119 | -17.09 | -17.30 |
Income Taxes | 36.0% | 24.00 | 18.00 | 14.00 | 29.00 | -27.90 | 19.00 | -38.28 | 23.00 | 25.00 | 7.00 | 5.00 | 12.00 | 11.00 | 12.00 | 5.00 | 13.00 | 2.00 | 6.00 | 6.00 | 6.00 | 3.00 |
Earnings Before Taxes | 47.3% | 89.00 | 60.00 | 56.00 | 78.00 | -90.16 | 68.00 | -453 | 76.00 | 83.00 | 24.00 | 17.00 | 27.00 | 29.00 | 37.00 | 13.00 | 34.00 | 3.00 | 17.00 | 2.00 | 20.00 | 10.00 |
EBT Margin | 174.4% | 0.11* | 0.04* | 0.04* | -0.14* | -0.14* | -0.08* | -0.10* | 0.07* | 0.06* | 0.04* | 0.05* | 0.05* | 0.05* | 0.04* | 0.03* | 0.02* | - | - | - | - | - |
Net Income | 52.1% | 64.00 | 42.00 | 42.00 | 49.00 | -62.25 | 49.00 | -416 | 140 | 66.00 | 19.00 | 16.00 | 17.00 | 17.00 | 30.00 | 20.00 | 22.00 | 1.00 | 11.00 | 16.00 | 14.00 | 6.00 |
Net Income Margin | 181.8% | 0.07* | 0.03* | 0.03* | -0.14* | -0.10* | -0.06* | -0.07* | 0.09* | 0.05* | 0.03* | 0.03* | 0.04* | 0.04* | 0.03* | 0.02* | 0.02* | - | - | - | - | - |
Free Cashflow | -84.2% | 21.00 | 132 | 79.00 | 139 | 79.00 | 71.00 | 115 | 97.00 | -99.82 | -95.58 | 44.00 | 51.00 | -65.54 | 3.00 | 45.00 | 105 | - | - | - | - | - |
Balance Sheet | ||||||||||||||||||||||
Description | (%) Q/Q | 2024Q1 | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 |
Assets | 1.3% | 2,424 | 2,393 | 2,419 | 2,571 | 2,660 | 2,777 | 2,816 | 3,504 | 3,787 | 2,583 | 2,605 | 2,549 | 2,524 | 2,484 | 2,449 | 2,310 | 2,319 | 2,258 | 2,075 | 2,111 | 2,144 |
Current Assets | 4.6% | 1,007 | 963 | 981 | 1,131 | 1,215 | 1,183 | 1,215 | 1,342 | 1,650 | 1,354 | 1,369 | 1,227 | 1,192 | 1,144 | 1,106 | 988 | 1,004 | 946 | 925 | 961 | 989 |
Cash Equivalents | 11.3% | 123 | 111 | 103 | 152 | 176 | 121 | 120 | 145 | 122 | 151 | 249 | 221 | 176 | 234 | 218 | 72.00 | 69.00 | 65.00 | 72.00 | 58.00 | 58.00 |
Inventory | -7.2% | 444 | 479 | 507 | 555 | 574 | 646 | 669 | 708 | 687 | 531 | 473 | 510 | 485 | 445 | 320 | 411 | 462 | 467 | 442 | 437 | 457 |
Net PPE | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 336 | 332 | 337 | 331 | 333 |
Goodwill | 0% | 328 | 328 | 328 | 328 | 328 | 334 | 336 | 705 | 708 | 427 | 426 | 446 | 446 | 1.00 | 424 | 440 | 437 | 447 | 419 | 438 | 439 |
Liabilities | 5.4% | 2,222 | 2,108 | 2,104 | 2,236 | 2,192 | 2,250 | 2,339 | 2,598 | 2,904 | 1,770 | 1,798 | 1,763 | 1,760 | 1,744 | 1,748 | 1,802 | 1,842 | 1,763 | 1,597 | 1,623 | 1,670 |
Current Liabilities | -7.6% | 362 | 392 | 359 | 382 | 382 | 391 | 424 | 595 | 583 | 513 | 532 | 466 | 459 | 447 | 442 | 436 | 387 | 389 | 390 | 367 | 366 |
Long Term Debt | 10.3% | 1,577 | 1,430 | 1,460 | 1,536 | 1,492 | 1,508 | 1,561 | 1,575 | 1,942 | 1,038 | 1,033 | 1,043 | 1,044 | 1,037 | 1,037 | 1,123 | 1,216 | 1,137 | 1,094 | 1,160 | 1,206 |
LT Debt, Current | -12.1% | 8.00 | 9.00 | 10.00 | 10.00 | 16.00 | 13.00 | 13.00 | 13.00 | 25.00 | 16.00 | 12.00 | 13.00 | 15.00 | 11.00 | 10.00 | 9.00 | 9.00 | 9.00 | 11.00 | 11.00 | 11.00 |
LT Debt, Non Current | -100.0% | - | 1,430 | 1,460 | 1,536 | 1,492 | 1,508 | 1,561 | 1,575 | 1,942 | 1,038 | 1,033 | 1,043 | 1,044 | 1,037 | 1,037 | 1,123 | 1,216 | 1,137 | 1,094 | 1,160 | 1,206 |
Shareholder's Equity | -29.1% | 202 | 285 | 315 | 336 | 468 | 527 | 478 | 906 | 883 | 812 | 807 | 785 | 764 | 740 | 700 | 508 | 476 | 495 | 478 | 488 | 474 |
Retained Earnings | - | - | - | 282 | - | - | - | 344 | - | - | - | 670 | - | - | - | 608 | - | - | - | 569 | - | - |
Additional Paid-In Capital | - | - | - | 663 | - | - | - | 628 | - | - | - | 602 | - | - | - | 583 | - | - | - | 519 | - | - |
Shares Outstanding | -1.7% | 48.00 | 49.00 | 53.00 | 53.00 | 53.00 | 53.00 | 57.00 | 52.00 | 52.00 | 51.00 | 57.00 | 51.00 | 51.00 | 51.00 | 56.00 | - | - | - | - | - | - |
Float | - | - | - | - | - | 1,546 | - | - | - | 1,026 | - | - | - | 1,389 | - | - | - | 527 | - | - | - | 764 |
Cashflow (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2024Q1 | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 |
Cashflow From Operations | -72.7% | 39,802 | 146,058 | 122,762 | 147,367 | 86,156 | 75,480 | 124,241 | 108,372 | -88,368 | -85,005 | 56,494 | 57,725 | -56,726 | 12,315 | 50,944 | 116,787 | -42,674 | -18,169 | 75,364 | 69,988 | -56,047 |
Share Based Compensation | -2.5% | 6,257 | 6,417 | 12,525 | 15,252 | 6,593 | 6,742 | 17,157 | 6,019 | 5,092 | 4,867 | 4,997 | 5,590 | 5,293 | 4,208 | 4,771 | 4,507 | 4,320 | 3,982 | 4,694 | 4,047 | 3,914 |
Cashflow From Investing | -36.4% | -18,474 | -13,543 | -34,300 | -8,340 | -7,092 | 4,521 | -8,971 | 284,283 | -848,570 | -9,969 | -24,462 | -9,599 | -10,921 | -11,185 | -6,404 | -12,313 | -9,241 | -23,519 | -6,899 | -19,834 | -19,763 |
Cashflow From Financing | 93.5% | -8,096 | -123,947 | -137,602 | -162,929 | -21,268 | -78,363 | -120,417 | -386,162 | 908,536 | -8,612 | -13,918 | -8,411 | 3,381 | -9,297 | 77,495 | -103,656 | 59,650 | 34,701 | -68,881 | -50,154 | 55,485 |
Dividend Payments | -100.0% | - | 9,965 | 6,442 | 114,548 | 5,698 | 7,126 | 111,771 | 4,815 | 4,831 | 5,260 | 4,232 | 4,229 | 4,256 | 4,422 | 3,890 | 3,290 | 3,957 | 3,392 | 3,414 | 3,415 | 3,704 |
Buy Backs | 73.1% | 140,972 | 81,449 | 65,620 | 85,361 | 254 | 12,735 | - | - | - | 10,886 | 448 | - | - | 2,909 | - | - | 5,721 | 1,758 | - | - | 130 |
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (LOSS) - USD ($) shares in Thousands, $ in Thousands | 3 Months Ended | 6 Months Ended | ||
---|---|---|---|---|
Mar. 31, 2024 | Mar. 31, 2023 | Mar. 31, 2024 | Mar. 31, 2023 | |
Income Statement [Abstract] | ||||
Revenue | $ 672,880 | $ 710,984 | $ 1,316,033 | $ 1,360,368 |
Cost of goods and services | 402,215 | 516,492 | 808,727 | 932,051 |
Gross profit | 270,665 | 194,492 | 507,306 | 428,317 |
Selling, general and administrative expenses | 157,217 | 160,301 | 310,020 | 313,021 |
Intangible asset impairment | 0 | 100,000 | 0 | 100,000 |
Total operating expenses | 157,217 | 260,301 | 310,020 | 413,021 |
Income (loss) from operations | 113,448 | (65,809) | 197,286 | 15,296 |
Other income (expense) | ||||
Interest expense | (26,149) | (24,879) | (51,448) | (49,527) |
Interest income | 637 | 236 | 1,061 | 340 |
Gain on sale of building | 11 | 0 | 558 | 10,852 |
Other, net | 626 | 293 | 1,258 | 900 |
Total other expense, net | (24,875) | (24,350) | (48,571) | (37,435) |
Income (loss) before taxes | 88,573 | (90,159) | 148,715 | (22,139) |
Provision (benefit) for income taxes | 24,430 | (27,904) | 42,395 | (8,586) |
Net income (loss) | $ 64,143 | $ (62,255) | $ 106,320 | $ (13,553) |
Basic earnings (loss) per common share (in dollars per share) | $ 1.34 | $ (1.17) | $ 2.20 | $ (0.26) |
Basic weighted-average shares outstanding (in shares) | 47,946 | 53,038 | 48,365 | 52,809 |
Diluted earnings (loss) per common share (in dollars per share) | $ 1.28 | $ (1.17) | $ 2.10 | $ (0.26) |
Diluted weighted-average shares outstanding (in shares) | 49,931 | 53,038 | 50,714 | 52,809 |
Dividends paid per common share (in dollars per share) | $ 0.15 | $ 0.10 | $ 0.30 | $ 0.20 |
Other comprehensive income (loss), net of taxes: | ||||
Foreign currency translation adjustments | $ (7,199) | $ 334 | $ 3,039 | $ 12,271 |
Pension and other post retirement plans | 531 | 746 | 1,063 | 1,608 |
Change in cash flow hedges | 1,772 | 1,533 | 1,477 | 953 |
Total other comprehensive income (loss), net of taxes | (4,896) | 2,613 | 5,579 | 14,832 |
Comprehensive income (loss), net | $ 59,247 | $ (59,642) | $ 111,899 | $ 1,279 |
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands | Mar. 31, 2024 | Sep. 30, 2023 |
---|---|---|
CURRENT ASSETS | ||
Cash and equivalents | $ 123,030 | $ 102,889 |
Accounts receivable, net of allowances of $11,567 and $11,264 | 349,818 | 312,432 |
Inventories | 443,970 | 507,130 |
Prepaid and other current assets | 65,196 | 57,139 |
Assets held for sale | 24,172 | 0 |
Assets of discontinued operations | 980 | 1,001 |
Total Current Assets | 1,007,166 | 980,591 |
PROPERTY, PLANT AND EQUIPMENT, net | 267,337 | 279,218 |
OPERATING LEASE RIGHT-OF-USE ASSETS | 168,252 | 169,942 |
GOODWILL | 327,864 | 327,864 |
INTANGIBLE ASSETS, net | 625,202 | 635,243 |
OTHER ASSETS | 23,805 | 21,731 |
ASSETS OF DISCONTINUED OPERATIONS | 4,104 | 4,290 |
Total Assets | 2,423,730 | 2,418,879 |
CURRENT LIABILITIES | ||
Notes payable and current portion of long-term debt | 8,152 | 9,625 |
Accounts payable | 143,152 | 116,646 |
Accrued liabilities | 174,247 | 193,098 |
Current portion of operating lease liabilities | 33,433 | 32,632 |
Liabilities of discontinued operations | 2,753 | 7,148 |
Total Current Liabilities | 361,737 | 359,149 |
LONG-TERM DEBT, net | 1,577,208 | 1,459,904 |
LONG-TERM OPERATING LEASE LIABILITIES | 145,295 | 147,224 |
OTHER LIABILITIES | 132,063 | 132,708 |
LIABILITIES OF DISCONTINUED OPERATIONS | 5,241 | 4,650 |
Total Liabilities | 2,221,544 | 2,103,635 |
COMMITMENTS AND CONTINGENCIES - See Note 21 | ||
SHAREHOLDERS’ EQUITY | ||
Total Shareholders’ Equity | 202,186 | 315,244 |
Total Liabilities and Shareholders’ Equity | $ 2,423,730 | $ 2,418,879 |
 | Mr. Ronald J. Kramer |
---|---|
 | griffon.com |
 | Conglomerates |
 | 6200 |