GFF - Griffon Corp Stock Price, Fair Value and News

67.81USD-1.27 (-1.84%)Market Closed

Market Summary

USD67.81-1.27

Market Closed

-1.84%

GFF Stock Price

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GFF RSI Chart

GFF Valuation

Market Cap

3.5B

Price/Earnings (Trailing)

48.59

Price/Sales (Trailing)

1.29

EV/EBITDA

23.08

Price/Free Cashflow

8.05

GFF Price/Sales (Trailing)

GFF Profitability

EBT Margin

3.91%

Return on Equity

24.94%

Return on Assets

2.97%

Free Cashflow Yield

12.42%

GFF Fundamentals

GFF Revenue

Revenue (TTM)

2.7B

Rev. Growth (Yr)

-0.96%

Rev. Growth (Qtr)

0.28%

GFF Earnings

Earnings (TTM)

71.1M

Earnings Growth (Yr)

-13.4%

Earnings Growth (Qtr)

0.51%

Breaking Down GFF Revenue

Last 7 days

3.9%

Last 30 days

-4.0%

Last 90 days

17.7%

Trailing 12 Months

135.6%

How does GFF drawdown profile look like?

GFF Financial Health

Current Ratio

2.46

Debt/Equity

5.02

Debt/Cashflow

0.35

GFF Investor Care

Dividend Yield

3.65%

Dividend/Share (TTM)

2.48

Buy Backs (1Y)

10.91%

Diluted EPS (TTM)

1.34

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
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

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

GRUFITY'S FAIR VALUE MODEL

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.

Russell 2000 Index

Very Expensive Stocks

Very Cheap Stocks

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Tracking the Latest Insider Buys and Sells of Griffon Corp

Filter Transactions

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 Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
Apr 23, 2024	Louisiana State Employees Retirement System	reduced	-7.8	136,651	1,386,130	0.03%
Apr 23, 2024	Livforsakringsbolaget Skandia, Omsesidigt	unchanged	-	496,148	2,940,790	0.25%
Apr 23, 2024	RICE HALL JAMES & ASSOCIATES, LLC	reduced	-31.75	-1,140,810	5,240,660	0.30%
Apr 23, 2024	Global Retirement Partners, LLC	unchanged	-	554	2,567	-%
Apr 23, 2024	FIFTH THIRD BANCORP	added	3.42	4,352	22,149	-%
Apr 23, 2024	AMALGAMATED BANK	reduced	-27.29	-128,000	892,000	0.01%
Apr 22, 2024	Raymond James Financial Services Advisors, Inc.	reduced	-0.05	1,424,360	8,453,860	0.01%
Apr 22, 2024	RAYMOND JAMES & ASSOCIATES	reduced	-13.58	1,286,100	33,539,700	0.02%
Apr 22, 2024	MetLife Investment Management, LLC	reduced	-5.15	410,629	1,308,720	0.01%
Apr 19, 2024	State of Alaska, Department of Revenue	reduced	-7.61	172,000	1,707,000	0.02%

Are Funds Buying or Selling GFF?

Are funds buying GFF calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own GFF

No. of Funds

Unveiling Griffon Corp's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 22, 2024	voss capital, llc	1.0%	523,400	SC 13D/A
Feb 13, 2024	vanguard group inc	11.24%	5,864,670	SC 13G/A
Feb 09, 2024	dimensional fund advisors lp	2.6%	1,354,467	SC 13G/A
Jan 23, 2024	blackrock inc.	12.3%	6,424,178	SC 13G/A
Sep 07, 2023	voss value fund, lp	2.7%	1,473,400	SC 13D/A
Feb 10, 2023	dimensional fund advisors lp	5.7%	3,258,644	SC 13G/A
Feb 09, 2023	vanguard group inc	10.27%	5,863,162	SC 13G/A
Feb 08, 2023	gamco investors, inc. et al	1.18%	674,600	SC 13D/A
Jan 26, 2023	blackrock inc.	12.7%	7,238,917	SC 13G/A
Jan 20, 2023	blackrock inc.	12.7%	7,238,917	SC 13G/A

Recent SEC filings of Griffon Corp

View All Filings

Date Filed	Form Type	Document
Mar 25, 2024	8-K	Current Report
Mar 22, 2024	4	Insider Trading
Mar 22, 2024	4	Insider Trading
Mar 22, 2024	4	Insider Trading
Mar 22, 2024	4	Insider Trading
Mar 22, 2024	4	Insider Trading
Mar 22, 2024	4	Insider Trading
Mar 22, 2024	4	Insider Trading
Mar 22, 2024	4	Insider Trading
Mar 22, 2024	4	Insider Trading

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	127.0B	36.7B	-2.28%	-0.32%	22.45	3.47	3.37%	13.93%
MMM	50.8B	32.7B	-12.93%	-11.51%	-7.27	1.56	-4.52%	-221.08%
MID-CAP
MDU	5.0B	4.8B	6.52%	-17.45%	12.03	1.04	4.67%	12.85%
GFF	3.5B	2.7B	-4.05%	135.56%	48.59	1.29	-7.82%	143.84%
SEB	3.2B	9.6B	1.94%	-16.99%	14.05	0.33	-14.95%	-61.00%
VRTV	2.3B	6.1B	0.44%	30.98%	8.49	0.38	-17.09%	-15.90%
SMALL-CAP
CODI	1.7B	2.1B	-2.89%	22.89%	7.1	0.85	2.48%	576.85%
MATW	825.7M	1.9B	-6.74%	-27.68%	24.81	0.44	6.12%	143.63%
SPLP	775.7M	1.9B	-6.17%	-8.68%	5.15	0.41	25.43%	-26.34%
NNBR	197.2M	489.3M	-20.76%	245.22%	-3.93	0.4	-1.90%	-92.16%
RCMT	151.2M	263.2M	-14.00%	59.33%	8.98	0.57	-7.53%	-19.43%

Griffon Corp News

Latest updates

Griffon Corp 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	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Revenue	0.3%	643	641	683	711	649	709	768	780	592	570	584	575	542	661	632	566	548	574	575	550	511
Gross Profit	-3.8%	237	246	275	194	234	250	261	261	166	156	160	161	164	174	165	152	150	158	152	134	140
Operating Expenses	-100.0%	-	166	172	260	-	683	157	158	-	-	-	-	-	-	-	-	-	-	-	-	-
S&GA Expenses	-2.8%	153	157	172	160	153	166	157	158	127	123	118	118	112	87.00	114	126	118	65.00	118	112	114
EBITDA Margin	-3.2%	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*	0.08*	0.07*	-	-	-	-
Interest Expenses	-3.7%	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	-16.33
Income Taxes	24.7%	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	5.00
Earnings Before Taxes	6.7%	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	14.00
EBT Margin	-6.8%	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*	0.02*	0.02*	-	-	-	-
Net Income	0.5%	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	9.00
Net Income Margin	-8.2%	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*	0.02*	0.02*	-	-	-	-
Free Cashflow	66.0%	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	-52.02	-31.34	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Assets	-1.1%	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	2,075
Current Assets	-1.8%	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	917
Cash Equivalents	7.4%	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	82.00
Inventory	-5.6%	479	507	555	574	646	669	708	687	531	473	510	485	445	320	411	462	467	442	437	457	452
Net PPE	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	336	332	337	331	333	336
Goodwill	0%	328	328	328	328	334	336	705	708	427	426	446	446	1.00	424	440	437	447	419	438	439	438
Liabilities	0.2%	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	1,603
Current Liabilities	9.1%	392	359	382	382	391	424	595	583	513	532	466	459	447	442	436	387	389	390	367	366	367
Long Term Debt	-2.0%	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	1,142
LT Debt, Current	-3.6%	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	13.00
LT Debt, Non Current	-2.0%	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	1,142
Shareholder's Equity	-9.6%	285	315	336	468	527	478	906	883	812	807	785	764	740	700	508	476	495	478	488	474	472
Retained Earnings	-100.0%	-	282	-	-	-	344	-	-	-	670	-	-	-	608	-	-	-	569	-	-	-
Additional Paid-In Capital	-100.0%	-	663	-	-	-	628	-	-	-	602	-	-	-	583	-	-	-	519	-	-	-
Shares Outstanding	-8.1%	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	42.00	41.00	-	-	-	-	-
Float	-	-	-	-	1,546	-	-	-	1,026	-	-	-	1,389	-	-	-	527	-	-	-	764	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Cashflow From Operations	19.0%	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	1,041
Share Based Compensation	-48.8%	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	2,933
Cashflow From Investing	60.5%	-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	-17,565
Cashflow From Financing	9.9%	-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	28,574
Dividend Payments	54.7%	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	3,143
Buy Backs	24.1%	81,449	65,620	85,361	254	12,735	-	-	-	10,886	448	-	-	2,909	-	-	5,721	1,758	-	-	130	1,348

GFF Income Statement

2023-12-31

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (LOSS) - USD ($) shares in Thousands, $ in Thousands	3 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Income Statement [Abstract]
Revenue	$ 643,153	$ 649,384
Cost of goods and services	406,512	415,559
Gross profit	236,641	233,825
Selling, general and administrative expenses	152,803	152,720
Income from operations	83,838	81,105
Other income (expense)
Interest expense	(25,299)	(24,648)
Interest income	424	104
Gain on sale of building	547	10,852
Other, net	632	607
Total other expense, net	(23,696)	(13,085)
Income before taxes	60,142	68,020
Provision for income taxes	17,965	19,318
Net income	$ 42,177	$ 48,702
Basic earnings per common share (in dollars per share)	$ 0.86	$ 0.93
Basic weighted-average shares outstanding (in shares)	48,784	52,579
Diluted earnings per common share (in dollars per share)	$ 0.82	$ 0.88
Diluted weighted-average shares outstanding (in shares)	51,467	55,298
Dividends paid per common share (in dollars per share)	$ 0.15	$ 0.10
Other comprehensive income (loss), net of taxes:
Foreign currency translation adjustments	$ 10,238	$ 11,937
Pension and other post retirement plans	532	862
Change in cash flow hedges	(295)	(580)
Total other comprehensive income, net of taxes	10,475	12,219
Comprehensive income, net	$ 52,652	$ 60,921

GFF Balance Sheet

2023-12-31

CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Dec. 31, 2023	Sep. 30, 2023
CURRENT ASSETS
Cash and equivalents	$ 110,546	$ 102,889
Accounts receivable, net of allowances of $11,985 and $11,264	299,594	312,432
Inventories	478,609	507,130
Prepaid and other current assets	57,863	57,139
Assets held for sale	15,010	0
Assets of discontinued operations	984	1,001
Total Current Assets	962,606	980,591
PROPERTY, PLANT AND EQUIPMENT, net	269,129	279,218
OPERATING LEASE RIGHT-OF-USE ASSETS	176,100	169,942
GOODWILL	327,864	327,864
INTANGIBLE ASSETS, net	632,111	635,243
OTHER ASSETS	21,365	21,731
ASSETS OF DISCONTINUED OPERATIONS	4,138	4,290
Total Assets	2,393,313	2,418,879
CURRENT LIABILITIES
Notes payable and current portion of long-term debt	9,274	9,625
Accounts payable	154,018	116,646
Accrued liabilities	190,096	193,098
Current portion of operating lease liabilities	34,075	32,632
Liabilities of discontinued operations	4,216	7,148
Total Current Liabilities	391,679	359,149
LONG-TERM DEBT, net	1,430,235	1,459,904
LONG-TERM OPERATING LEASE LIABILITIES	152,343	147,224
OTHER LIABILITIES	129,547	132,708
LIABILITIES OF DISCONTINUED OPERATIONS	4,487	4,650
Total Liabilities	2,108,291	2,103,635
COMMITMENTS AND CONTINGENCIES - See Note 21
SHAREHOLDERS’ EQUITY
Total Shareholders’ Equity	285,022	315,244
Total Liabilities and Shareholders’ Equity	$ 2,393,313	$ 2,418,879

About Griffon Corp

Griffon Corporation, through its subsidiaries, provides consumer and professional, and home and building products in the United States, Europe, Canada, Australia, and internationally. Its Consumer and Professional Products segment manufactures and markets long-handled tools and landscaping products for homeowners and professionals; wood and wire closet organization, general living storage, and wire garage storage products to home center retail chains, mass merchandisers, and direct-to builder professional installers; wheelbarrows and lawn carts; snow, striking, and hand tools; planters and lawn accessories; garden hoses; and pruners, loppers, shears, and other tools, as well as cleaning products for professional, home, and industrial use. It also designs and sells residential, industrial, and commercial fans under the Hunter Fan and Casablanca brand names The company's Home & Building Products segment manufactures and markets residential and commercial garage doors for professional dealers and various home center retail chains; and rolling steel door and grille products for commercial, industrial, institutional, and retail uses. It sells its products under the True Temper, AMES, ClosetMaid, Clopay, Ideal, Holmes, CornellCookson, Garant, Harper, UnionTools, Westmix, Cyclone, Southern Patio, Northcote Pottery, Nylex, Hills, Kelkay, Tuscan Path, La Hacienda, Kelso, Dynamic Design, Apta, Quatro Design, Razor-Back, Jackson, Darby, Trojan, Supercraft, NeverLeak, Maximum Load, SuperSlide, ShelfTrack, MasterSuite, Suite Symphony, ExpressShelf, Style+, and SpaceCreations brand names. The company was formerly known as Instrument Systems Corporation and changed its name to Griffon Corporation in June 1992. Griffon Corporation was founded in 1774 and is headquartered in New York, New York.

CEO	Mr. Ronald J. Kramer
WEBSITE	griffon.com
INDUSTRY	Conglomerates
EMPLOYEES	6200

Griffon Corp Frequently Asked Questions

What is the ticker symbol for Griffon Corp? What does GFF stand for in stocks?

GFF is the stock ticker symbol of Griffon Corp. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Griffon Corp (GFF)?

As of Tue Apr 23 2024, market cap of Griffon Corp is 3.52 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of GFF stock?

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

What is the fair value of GFF stock?

You can check GFF's fair value in chart for subscribers. The fair value of Griffon Corp 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 Griffon Corp 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 GFF 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 Griffon Corp a good stock to buy?

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

What is Griffon Corp's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Tue Apr 23 2024, GFF's PE ratio (Price to Earnings) is 49.5 and Price to Sales (PS) ratio is 1.31. 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. GFF PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Griffon Corp's stock?

In the past 10 years, Griffon Corp has provided 0.232 (multiply by 100 for percentage) rate of return.