SPLP - Steel Partners Holdings LP Stock Price, Fair Value and News

39.40USD+0.65 (+1.68%)Delayed

Market Summary

USD39.40+0.65

Delayed

1.68%

SPLP Alerts

Big jump in Earnings (Y/Y)

SPLP Stock Price

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SPLP RSI Chart

SPLP Valuation

Market Cap

803.5M

Price/Earnings (Trailing)

5.02

Price/Sales (Trailing)

0.41

EV/EBITDA

1.91

Price/Free Cashflow

3.72

SPLP Price/Sales (Trailing)

SPLP Profitability

EBT Margin

8.44%

Return on Assets

4.39%

Free Cashflow Yield

26.9%

SPLP Fundamentals

SPLP Revenue

Revenue (TTM)

1.9B

Rev. Growth (Yr)

6.95%

Rev. Growth (Qtr)

2.02%

SPLP Earnings

Earnings (TTM)

160.0M

Earnings Growth (Yr)

38.01%

Earnings Growth (Qtr)

-17.61%

Breaking Down SPLP Revenue

Last 7 days

4.4%

Last 30 days

5.2%

Last 90 days

9.4%

Trailing 12 Months

-9.7%

How does SPLP drawdown profile look like?

SPLP Financial Health

Current Ratio

1.24

Debt/Cashflow

2.88

SPLP Investor Care

Buy Backs (1Y)

5.88%

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs

Net sales

Year	Q1	Q2	Q3	Q4
2024	1.9B	0	0	0
2023	1.5B	2.0B	2.0B	1.9B
2022	1.4B	1.4B	951.8M	1.5B
2021	1.2B	1.1B	798.1M	1.4B
2020	1.7B	2.0B	983.8M	1.2B
2019	1.6B	1.3B	1.4B	1.5B
2018	1.6B	1.6B	1.6B	1.6B
2017	1.6B	1.5B	1.5B	1.6B
2016	1.1B	1.3B	1.5B	1.5B
2015	850.7M	867.1M	908.9M	965.1M
2014	746.8M	777.4M	820.4M	849.5M
2013	710.4M	706.1M	714.0M	721.1M
2012	674.1M	685.9M	705.1M	711.6M
2011	474.6M	542.9M	611.1M	679.4M
2010	0	0	0	406.4M

Get all data in R, Python etc through our Historical Stock Data APIs

Tracking the Latest Insider Buys and Sells of Steel Partners Holdings LP

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Apr 23, 2024	karros eric p.	gifted	-	-	589	-
Apr 23, 2024	karros eric p.	gifted	-	-	-589	-
Apr 12, 2024	rosen lon	gifted	-	-	589	-
Apr 12, 2024	rosen lon	gifted	-	-	-589	-
Apr 01, 2024	karros eric p.	acquired	-	-	589	-
Apr 01, 2024	mcniff john p	acquired	-	-	589	-
Apr 01, 2024	rosen lon	acquired	-	-	589	-
Apr 01, 2024	benenson james iii	acquired	-	-	589	-
Apr 01, 2024	tahari rory h.	acquired	-	-	589	-
Mar 15, 2024	martin joseph richards	acquired	-	-	2,195	see remarks

Which funds bought or sold SPLP recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 16, 2024	EJF Capital LLC	unchanged	-	-7,002	793,198	0.55%
May 15, 2024	MORGAN STANLEY	added	2.33	7,380	523,380	-%
May 15, 2024	KENNEDY CAPITAL MANAGEMENT LLC	reduced	-29.95	-611,298	1,388,620	0.03%
May 15, 2024	ADAR1 Capital Management, LLC	unchanged	-	-119	13,521	-%
May 14, 2024	GAMCO INVESTORS, INC. ET AL	added	0.11	-26,578	3,464,020	0.04%
May 14, 2024	Teton Advisors, Inc.	added	22.55	87,625	495,625	0.17%
May 14, 2024	GABELLI FUNDS LLC	reduced	-0.47	-320,181	23,583,900	0.17%
May 13, 2024	TRUIST FINANCIAL CORP	unchanged	-	-1,990	225,490	-%
May 13, 2024	UBS Group AG	added	169	121,682	194,562	-%
May 10, 2024	ACADIAN ASSET MANAGEMENT LLC	reduced	-5.72	-14,000	193,000	-%

Are Funds Buying or Selling SPLP?

Are funds buying SPLP calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own SPLP

No. of Funds

SPLP Alerts

Big jump in Earnings (Y/Y)

Unveiling Steel Partners Holdings LP's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Mar 27, 2024	steel partners, ltd.	7.3%	1,485,000	SC 13D/A
Jan 12, 2024	steel partners, ltd.	7.2%	1,485,000	SC 13D/A
Nov 14, 2023	steel partners, ltd.	7.0%	1,485,000	SC 13D/A
Mar 23, 2023	steel partners, ltd.	4.5%	970,000	SC 13D/A
Apr 15, 2022	steel partners, ltd.	4.3%	970,000	SC 13D/A
Mar 14, 2022	steel partners, ltd.	30.7%	6,362,920	SC 13D/A
Feb 14, 2022	entrust global partners l l c	0%	0	SC 13G/A
Nov 16, 2021	steel partners, ltd.	30.1%	6,362,920	SC 13D/A
Aug 09, 2021	steel partners, ltd.	29.5%	6,362,920	SC 13D/A
May 18, 2021	steel partners, ltd.	28.6%	6,362,920	SC 13D/A

Recent SEC filings of Steel Partners Holdings LP

View All Filings

Date Filed	Form Type	Document
May 15, 2024	13F-HR	Fund Holdings Report
May 15, 2024	4	Insider Trading
May 15, 2024	4	Insider Trading
May 15, 2024	4	Insider Trading
May 08, 2024	10-Q	Quarterly Report
May 08, 2024	8-K	Current Report
Apr 26, 2024	4	Insider Trading
Apr 26, 2024	8-K	Current Report
Apr 24, 2024	4	Insider Trading
Apr 22, 2024	4	Insider Trading

Peers (Alternatives to Steel Partners Holdings LP)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
HON	134.1B	36.9B	8.21%	3.90%	23.42	3.63	2.64%	9.59%
MMM	58.2B	32.7B	15.72%	5.64%	-8.27	1.78	-2.33%	-229.13%
MID-CAP
MDU	5.2B	4.3B	8.19%	-12.07%	10.89	1.21	-12.81%	27.58%
GFF	3.3B	2.6B	3.11%	104.84%	16.88	1.26	-6.93%	168.08%
SEB	3.3B	9.3B	9.25%	-10.42%	12.31	0.35	-16.12%	-42.64%
VRTV	2.3B	6.1B	0.44%	30.98%	8.49	0.38	-17.09%	-15.90%
SMALL-CAP
CODI	1.7B	2.1B	0.68%	10.02%	12.07	0.8	3.17%	17.98%
MATW	898.6M	1.9B	13.32%	-25.45%	27.08	0.48	3.63%	150.88%
SPLP	803.5M	1.9B	5.24%	-9.70%	5.02	0.41	27.14%	16.72%
RCMT	171.9M	268.1M	17.53%	46.60%	10.14	0.64	-0.66%	-6.92%
NNBR	168.0M	483.4M	-13.40%	170.97%	-3.2	0.35	-2.89%	-59.27%

Steel Partners Holdings LP News

Latest updates

Steel Partners Holdings LP Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Income Statement (Quarterly)																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q3	2022Q2	2022Q2	2022Q1	2021Q4	2021Q3	2021Q3	2021Q2	2021Q2	2021Q1	2020Q4	2020Q3	2020Q3	2020Q2
Revenue	2.0%	476	467	492	501	445	599	426	53.00	441	52.00	406	565	392	48.00	386	49.00	314	430	330	165	294
Gross Profit	-	-	-	-	-	-	-	-	12.00	-	9.00	14.00	-	-	8.00	-	10.00	36.00	22.00	-	40.00	-
Costs and Expenses	0.8%	431	427	462	453	402	338	381	-	312	-	389	364	361	-	326	-	273	247	285	-	300
S&GA Expenses	5.1%	135	129	125	136	115	103	94.00	-	101	-	86.00	80.00	80.00	-	75.00	-	69.00	75.00	67.00	-	72.00
EBITDA Margin	-1.9%	0.12*	0.12*	0.14*	0.15*	0.25*	0.23*	0.34*	0.34*	0.22*	0.18*	0.18*	0.20*	0.35*	0.41*	0.28*	-	-	-	-	-	-
Interest Expenses	-43.5%	1.00	2.00	4.00	6.00	6.00	6.00	5.00	-	5.00	-	5.00	6.00	5.00	-	6.00	-	5.00	6.00	7.00	-	8.00
Income Taxes	32812.1%	11.00	0.00	-0.98	-15.33	15.00	18.00	9.00	-	39.00	-	8.00	28.00	6.00	-	35.00	-	15.00	29.00	14.00	-	-1.05
Earnings Before Taxes	15.1%	46.00	40.00	30.00	48.00	43.00	84.00	45.00	-	129	-	17.00	68.00	31.00	-	60.00	-	42.00	92.00	45.00	-	-5.92
EBT Margin	-0.2%	0.08*	0.08*	0.10*	0.11*	0.20*	0.18*	0.27*	0.26*	0.17*	0.12*	0.12*	0.14*	0.26*	0.30*	0.20*	-	-	-	-	-	-
Net Income	-17.6%	34.00	42.00	26.00	59.00	25.00	75.00	36.00	1.00	92.00	30.00	5.00	61.00	22.00	-11.01	28.00	-27.63	53.00	69.00	36.00	-0.36	-1.24
Net Income Margin	4.6%	0.08*	0.08*	0.09*	0.10*	0.09*	0.13*	0.16*	0.13*	0.13*	0.08*	0.05*	0.07*	0.01*	0.05*	0.10*	-	-	-	-	-	-
Free Cashflow	3678.3%	187	-5.24	53.00	-19.11	-58.96	-169	31.00	-98.27	-98.27	-21.06	-21.06	-14.02	38.00	-1.13	-1.13	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q2	2020Q1	2019Q4	2019Q3	2019Q3
Assets	-8.8%	3,641	3,990	3,951	3,767	3,553	3,236	3,069	2,852	2,586	2,675	2,633	3,868	4,386	3,934	3,997	3,947	759	2,308	2,332	2,346	732
Current Assets	-12.0%	2,313	2,627	2,498	2,305	2,082	1,805	1,712	1,476	1,367	1,284	1,059	1,050	937	803	810	772	224	1,159	1,090	1,040	213
Cash Equivalents	-22.7%	447	578	562	353	305	234	362	202	201	325	133	224	200	136	140	106	-	394	138	112	-
Inventory	1.3%	205	202	215	224	221	214	211	213	197	184	170	158	152	137	150	144	-	153	148	161	-
Net PPE	-0.3%	253	254	249	247	240	239	230	229	228	235	214	220	222	229	232	238	-	246	250	288	-
Goodwill	0.0%	149	149	149	23.00	126	126	125	123	123	148	148	148	148	151	152	152	-	152	150	150	-
Liabilities	-11.6%	2,640	2,985	3,016	2,851	2,733	2,434	2,321	2,128	1,932	2,006	2,028	3,276	3,793	3,395	3,528	3,518	675	1,878	1,865	1,828	644
Current Liabilities	-9.7%	1,865	2,065	2,088	1,975	1,868	1,649	1,445	1,170	783	715	563	533	602	517	566	647	250	802	936	991	257
Short Term Borrowings	-	0.00	-	0.00	0.00	1.00	1.00	0.00	0.00	0.00	0.00	0.00	1.00	1.00	0.00	0.00	0.00	-	1.00	2.00	5.00	-
Long Term Debt	-51.5%	93.00	191	187	185	182	180	177	175	268	270	252	282	283	323	289	351	-	551	322	403	-
LT Debt, Current	0%	0.00	0.00	0.00	0.00	0.00	0.00	0.00	1.00	1.00	1.00	11.00	10.00	10.00	10.00	14.00	14.00	-	14.00	14.00	11.00	-
LT Debt, Non Current	-100.0%	-	191	187	185	182	180	177	175	268	270	252	282	283	323	289	351	-	551	322	403	-
Shares Outstanding	-	-	-	-	-	-	-	-	-	-	-	-	-	23.00	-	-	-	25.00	-	-	-	25.00
Float	-	-	-	-	248	-	-	-	237	-	-	-	206	-	-	-	57.00	-	-	-	-	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																					(In Thousands)
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	1968.3%	197,460	9,547	66,186	-6,263	-48,248	-151,706	42,337	-87,551	-13,310	18,752	43,894	7,896	7,229	29,509	36,360	93,566	164,655	55,724	8,900	8,924	36,676
Share Based Compensation	-37.5%	381	610	599	419	-11.00	438	369	354	119	346	399	354	363	298	333	50.00	206	145	243	227	164
Cashflow From Investing	47.8%	39,149	26,490	-24,790	10,061	-153,963	-90,909	-58,293	-62,838	35,482	176,677	1,125,426	569,081	-353,960	111,183	1,690	-2,003,479	-8,435	-69,305	-9,996	-117,898	-77,766
Cashflow From Financing	-1580.4%	-367,312	-21,858	168,244	45,458	272,717	115,249	174,956	152,831	-145,864	-2,489	-1,261,974	-552,095	411,795	-143,131	-3,966	1,621,071	100,154	48,195	-93,345	89,669	-80,665
Dividend Payments	-100.0%	-	2,408	2,408	2,409	2,408	2,408	2,408	2,409	2,408	2,408	2,408	2,409	2,408	-	-	-	40,000	-	-	-	-
Buy Backs	-	-	-	-	-	-	-	-	-	-	-	9,690	28,612	-	20,464	-	-	-	-	-	-	-

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SPLP Income Statement

2024-03-31

Consolidated Statements of Operations (Unaudited) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Revenue:
Total revenue	$ 476,346	$ 445,371
Costs and expenses:
Cost of goods sold	274,156	261,293
Selling, general and administrative expenses	135,292	114,954
Finance interest expense	23,963	13,741
Provision for credit losses	755	7,806
Interest expense	1,394	5,986
Realized and unrealized gains on securities, net	(4,068)	(607)
Other income, net	(815)	(1,176)
Total costs and expenses	430,677	401,997
Income from operations before income taxes and equity method investments	45,669	43,374
Income tax provision	10,861	14,604
Loss of associated companies, net of taxes	7	3,967
Net income	34,801	24,803
Net (income) loss attributable to noncontrolling interests in consolidated entities	(570)	43
Net income attributable to common unitholders	$ 34,231	$ 24,846
Net income per common unit - basic
Net income attributable to common unitholders (in dollars per share)	$ 1.65	$ 1.15
Net income per common unit - diluted
Net income attributable to common unitholders (in dollars per share)	$ 1.50	$ 1.09
Weighted-average number of common units outstanding - basic (in shares)	20,762,244	21,685,794
Weighted-average number of common units outstanding - diluted (in shares)	24,811,176	25,541,246
Diversified Industrial net sales
Revenue:
Total revenue	$ 292,440	$ 304,426
Energy net revenue
Revenue:
Total revenue	31,921	48,164
Financial Services revenue
Revenue:
Total revenue	109,955	92,781
Supply Chain revenue
Revenue:
Total revenue	$ 42,030	$ 0

SPLP Balance Sheet

2024-03-31

Consolidated Balance Sheets (Unaudited) - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023
Current assets:
Cash and cash equivalents	$ 446,668	$ 577,928
Trade and other receivables - net of allowance for doubtful accounts of $2,160 and $2,481, respectively	223,559	216,429
Loans receivable, including loans held for sale of $705,362 and $868,884, respectively, net	1,400,739	1,582,536
Inventories, net	204,823	202,294
Prepaid expenses and other current assets	37,443	48,169
Total current assets	2,313,232	2,627,356
Long-term loans receivable, net	348,574	386,072
Goodwill	148,791	148,838
Other intangible assets, net	109,827	114,177
Other non-current assets	336,487	342,046
Property, plant and equipment, net	253,330	253,980
Operating lease right-of-use assets	72,507	76,746
Long-term investments	58,211	41,225
Total Assets	3,640,959	3,990,440
Current liabilities:
Accounts payable	142,886	131,922
Accrued liabilities	98,183	117,943
Deposits	1,526,207	1,711,585
Other current liabilities	97,672	103,682
Total current liabilities	1,864,948	2,065,132
Long-term deposits	337,619	370,107
Long-term debt	92,738	191,304
Other borrowings	8,426	15,065
Preferred unit liability	153,743	154,925
Accrued pension liabilities	44,353	46,195
Deferred tax liabilities	18,994	18,353
Long-term operating lease liabilities	58,307	61,790
Other non-current liabilities	60,621	62,161
Total Liabilities	2,639,749	2,985,032
Commitments and Contingencies
Capital:
Partners' capital common units: 20,392,204 and 21,296,067 issued and outstanding (after deducting 19,301,094 and 18,367,307 units held in treasury, at cost of $368,784 and $329,297), respectively	1,076,029	1,079,853
Accumulated other comprehensive loss	(122,333)	(121,223)
Total Partners' Capital	953,696	958,630
Noncontrolling interests in consolidated entities	47,514	46,778
Total Capital	1,001,210	1,005,408
Total Liabilities and Capital	$ 3,640,959	$ 3,990,440

About Steel Partners Holdings LP

Steel Partners Holdings L.P., together with 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.

WEBSITE	steelpartners.com
INDUSTRY	Conglomerates
EMPLOYEES	4100

Steel Partners Holdings LP Frequently Asked Questions

What is the ticker symbol for Steel Partners Holdings LP? What does SPLP stand for in stocks?

SPLP is the stock ticker symbol of Steel Partners Holdings LP. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Steel Partners Holdings LP (SPLP)?

As of Fri May 17 2024, market cap of Steel Partners Holdings LP is 803.49 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of SPLP stock?

You can check SPLP's fair value in chart for subscribers.

What is the fair value of SPLP stock?

You can check SPLP's fair value in chart for subscribers. The fair value of Steel Partners Holdings LP is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Steel Partners Holdings LP is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for SPLP so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Steel Partners Holdings LP a good stock to buy?

The fair value guage provides a quick view whether SPLP is over valued or under valued. Whether Steel Partners Holdings LP is cheap or expensive depends on the assumptions which impact Steel Partners Holdings LP's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for SPLP.

What is Steel Partners Holdings LP's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Fri May 17 2024, SPLP's PE ratio (Price to Earnings) is 5.02 and Price to Sales (PS) ratio is 0.41. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. SPLP PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Steel Partners Holdings LP's stock?

In the past 10 years, Steel Partners Holdings LP has provided 0.093 (multiply by 100 for percentage) rate of return.