Helen of Troy Ltd Stock Research

Market Summary

USD93.37-4.41

Market Closed

-4.51%

HELE Stock Price

HELE RSI Chart

HELE Valuation

Market Cap

2.2B

Price/Earnings (Trailing)

15.25

Price/Sales (Trailing)

1.03

EV/EBITDA

8.72

Price/Free Cashflow

11.46

HELE Price/Sales (Trailing)

HELE Profitability

EBT Margin

8.23%

Return on Equity

10.08%

Return on Assets

4.69%

Free Cashflow Yield

8.72%

HELE Fundamentals

HELE Revenue

Revenue (TTM)

2.2B

Revenue Y/Y

-10.61%

Revenue Q/Q

7.14%

HELE Earnings

Earnings (TTM)

146.9M

Earnings Y/Y

-31.52%

Earnings Q/Q

68.97%

Price Action

52 Week Range

82.94221.71

(Low)(High)

Last 7 days

-14.5%

Last 30 days

-9.9%

Last 90 days

2.5%

Trailing 12 Months

-53.4%

HELE Financial Health

Current Ratio

2.15

Debt/Equity

0.6

Debt/Cashflow

0.2

HELE Investor Care

Buy Backs (1Y)

0.57%

Diluted EPS (TTM)

6.1

Peers (Alternatives to Helen of Troy)

View All Peers In Detail

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
DHI	33.7B	33.7B	-4.22%	20.48%	5.93	1	16.58%	25.40%
GRMN	18.6B	4.9B	-1.90%	-11.92%	19.15	3.84	-2.46%	-10.04%
PHM	12.6B	16.2B	-4.83%	17.99%	4.83	0.78	16.53%	34.48%
MID-CAP
WHR	7.0B	19.7B	-12.75%	-30.01%	-4.6	0.35	-10.28%	-185.19%
MHK	6.8B	11.7B	-21.05%	-31.64%	270.87	0.58	4.79%	-97.56%
BLD	6.1B	5.0B	-5.56%	-13.28%	10.93	1.21	43.67%	71.59%
NWL	4.9B	9.5B	-17.34%	-43.78%	24.69	0.51	-10.67%	-68.33%
SONO	2.5B	1.8B	-9.34%	-21.48%	130.28	1.41	1.43%	-87.25%
HELE	2.2B	2.2B	-9.91%	-53.39%	15.25	1.03	0.90%	-28.74%
SMALL-CAP
IRBT	1.2B	1.2B	5.84%	-20.88%	-4.29	1.04	-24.38%	-1042.07%
HBB	145.2M	640.9M	-15.92%	-0.56%	5.75	0.23	-2.65%	18.59%
UEIC	123.8M	542.8M	-59.34%	-68.36%	304.12	0.23	-9.78%	-92.32%
KOSS	42.0M	15.5M	-10.92%	-27.00%	4.38	2.72	-15.04%	2741.46%
MSN	11.4M	7.0M	-12.46%	-26.95%	-4.76	1.62	-12.51%	34.83%

Financials for Helen of Troy

* denotes actual numbers (not divided by Millions)
Income Statement (Last 12 Months)					(In Millions)
Description	(%) Q/Q	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4
Revenue	-3.0%	2,170	2,236	2,190	2,223	2,151
Gross Profit	-1.8%	937	955	944	953	935
S&GA Expenses	-2.0%	714	729	702	680	680
R&D Expenses	-	37.00	-	-	-	-
EBITDA	-3.8%	252	262	279	309	-
EBITDA Margin	-0.8%	0.12*	0.12*	0.13*	0.14*	-
Earnings Before Taxes	-11.3%	179	202	228	260	234
EBT Margin	-8.6%	0.08*	0.09*	0.10*	0.12*	-
Interest Expenses	49.5%	30.00	20.00	14.00	13.00	13.00
Net Income	-14.0%	147	171	191	224	206
Net Income Margin	-11.3%	0.07*	0.08*	0.09*	0.10*	-
Free Cahsflow	58.0%	195	124	166	141	-

* denotes actual numbers (not divided by Millions)
Balance Sheet					(In Millions)
Description	(%) Q/Q	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4
Assets	-3.0%	3,129	3,225	3,144	2,823	2,487
Current Assets	-9.3%	1,122	1,238	1,176	1,082	1,165
Cash Equivalents	14.3%	45.00	40.00	49.00	33.00	44.00
Inventory	-16.5%	537	643	614	558	586
Net PPE	9.4%	335	306	281	205	165
Goodwill	-0.2%	1,063	1,065	1,065	949	740
Liabilities	-8.5%	1,672	1,827	1,788	1,496	1,132
Current Liabilities	-10.4%	523	583	603	603	625
Long Term Debt	-	816	-	-	-	-
LT Debt, Current	0%	21.00	21.00	15.00	2.00	2.00
LT Debt, Non Current	-7.8%	1,060	1,149	1,091	811	446
Shareholder's Equity	4.2%	1,457	1,398	1,356	1,327	1,355
Retained Earnings	4.8%	1,128	1,076	1,046	1,021	1,055
Additional Paid-In Capital	3.2%	323	313	305	304	299
Accumulated Depreciation	0.4%	174	174	167	161	157
Shares Outstanding	0.1%	24.00	24.00	24.00	24.00	24.00

Cashflow (Last 12 Months)					(In Millions)
Description	(%) Q/Q	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4
Cashflow From Operations	58.0%	195	124	166	141	59.00
Share Based Compensation	3.8%	38.00	37.00	37.00	35.00	34.00
Cashflow From Investing	-2.3%	-738	-721	-657	-438	-70.77
Cashflow From Financing	-10.3%	544	606	504	286	-100
Buy Backs	-2.9%	94.00	96.00	96.00	188	113

Risks for HELE

What is the probability of a big loss on HELE?

58.1%

Probability that Helen of Troy stock will be more than 20% underwater in next one year

34.6%

Probability that Helen of Troy stock will be more than 30% underwater in next one year.

32.3%

Probability that Helen of Troy stock will be more than 40% underwater in next one year.

*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does HELE drawdown profile look like?

Y-axis is the maximum loss one would have experienced if Helen of Troy was unfortunately bought at previous high price.

Drawdowns

Returns for HELE

Cumulative Returns on HELE

10.1%

10-Year Cumulative Returns

-0.7%

7-Year Cumulative Returns

2.2%

5-Year Cumulative Returns

-10.5%

3-Year Cumulative Returns

What are the long-term rolling returns for HELE?

FIve years rolling returns for Helen of Troy.

Annualized Returns

Which funds bought or sold HELE recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
2023-03-10	VICTORY CAPITAL MANAGEMENT INC	added	1.54	6,999,520	48,734,500	0.05%
2023-03-06	Rockefeller Capital Management L.P.	reduced	-7.23	3,000	41,000	-%
2023-02-28	Voya Investment Management LLC	unchanged	-	131,074	1,001,070	-%
2023-02-24	NATIXIS	new	-	333	333	-%
2023-02-24	SRS Capital Advisors, Inc.	unchanged	-	-335	665	-%
2023-02-22	TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY	unchanged	-	56,000	432,000	-%
2023-02-21	MACQUARIE GROUP LTD	added	0.71	5,388,000	39,657,000	0.05%
2023-02-21	NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO	sold off	-100	-	-	-%
2023-02-17	EQUITABLE TRUST CO	sold off	-100	-249,000	-	-%
2023-02-16	DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main	added	350	160,638	199,638	-%

Latest Funds Activity

Are funds buying HELE calls or puts?

Calls

Puts

Are funds bullish or bearish(Calls - Puts)?

Net Call Options

No. of funds that own HELE

No. of Funds

Helen of Troy News

Schedule 13G FIlings of Helen of Troy

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Mar 10, 2023	vanguard group inc	10.04%	2,409,797	SC 13G/A
Feb 14, 2023	cooke & bieler lp	7.6%	1,812,095	SC 13G/A
Feb 13, 2023	capital international investors	0.0%	4,876	SC 13G/A
Feb 13, 2023	capital research global investors	6.9%	1,645,219	SC 13G/A
Feb 09, 2023	fmr llc	-	0	SC 13G/A
Feb 09, 2023	vanguard group inc	9.92%	2,378,896	SC 13G/A
Jan 26, 2023	blackrock inc.	11.1%	2,659,298	SC 13G/A
Jan 20, 2023	blackrock inc.	11.1%	2,659,298	SC 13G/A
Jan 05, 2023	jpmorgan chase & co	4.9%	1,178,180	SC 13G/A
Nov 10, 2022	fmr llc	-	0	SC 13G/A

HELE Fair Value

Helen of Troy fair value in different scenarios

The table shows the Fair Value estimates for Helen of Troy for various scenarios. Disclaimer: These are just estimations from a model. None of the models are good at predicting the future. Please dont buy or sell stocks based on these outputs.

Fair Value	Very Pessimistic	Pessimistic	Base Case	Optimistic	Very Optimistic
Very Low Inflation	92.10 -1.36%	127.95 37.04%	183.41 96.43%	242.25 159.45%	305.84 227.56%
Current Inflation	86.11 -7.78%	117.00 25.31%	163.46 75.07%	212.58 127.67%	265.59 184.45%
Very High Inflation	78.64 -15.78%	103.74 11.11%	140.03 49.97%	178.31 90.97%	219.57 135.16%

Historical Helen of Troy Fair Value Estimates

Very Pessimistic Case

Pessimistic Case

Fair Value

Optimistic Case

Very Optimistic Case

Closing Stock Price

Recent SEC filings of Helen of Troy

View All Filings

Date Filed	Form Type	Document
Mar 10, 2023	SC 13G/A	Major Ownership Report
Mar 08, 2023	8-K	Current Report
Mar 03, 2023	4	Insider Trading
Mar 03, 2023	4	Insider Trading
Mar 03, 2023	4	Insider Trading
Mar 03, 2023	4	Insider Trading
Mar 03, 2023	4	Insider Trading
Mar 03, 2023	4	Insider Trading
Mar 03, 2023	4	Insider Trading
Mar 03, 2023	4	Insider Trading

Latest Insider Trading transactions for HELE

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
2023-03-01	Otero Elena	acquired	-	-	222	-
2023-03-01	Osberg Matthew J	acquired	-	-	4,961	chief financial officer
2023-03-01	Berry Krista	acquired	-	-	222	-
2023-03-01	Woody Darren G	acquired	-	-	222	-
2023-03-01	JUDGE TESSA	sold (taxes)	-24,497	110	-221	chief legal officer
2023-03-01	JUDGE TESSA	acquired	-	-	4,285	chief legal officer
2023-03-01	Osberg Matthew J	sold (taxes)	-11,750	110	-106	chief financial officer
2023-03-01	RAFF BERYL	acquired	-	-	222	-
2023-03-01	Meeker Timothy F	acquired	-	-	222	-
2023-03-01	CASE THURMAN K	acquired	-	-	222	-

About Helen of Troy

Julien R. Mininberg

www.hotus.com

2150

Helen of Troy Limited provides various consumer products in the United States, Canada, Europe, the Middle East, Africa, the Asia Pacific, and Latin America. The company operates through three segments: Home & Outdoor, Health & Wellness, and Beauty. The Home & Outdoor segment offers food preparation tools and gadgets, storage containers, and organization products; coffee makers, grinders, manual pour overs, and tea kettles; household cleaning products, shower organization, and bathroom accessories; feeding and drinking products, child seating products, cleaning tools, and nursery accessories; insulated water bottles, hydration packs, drinkware, mugs, food containers, lunch containers, insulated totes, soft coolers, and accessories; and technical and outdoor sports packs, travel packs, luggage, daypacks, and everyday packs. The Health & Wellness segment provides thermometers, blood pressure monitors, pulse oximeters, nasal aspirators, and humidifiers; faucet mount water-filtration systems and pitcher-based water filtration systems; and air purifiers, heaters, fans, and humidifiers. The Beauty segment offers grooming brushes, tools, and decorative hair accessories; and shampoos, liquid hair styling, and treatment and conditioning products, as well as hair appliances. The company sells its products through mass merchandisers, drugstore chains, warehouse clubs, home improvement stores, grocery and specialty stores, beauty supply and e-commerce retailers, wholesalers, and various types of distributors, as well as directly to consumers under the OXO, Good Grips, Hydro Flask, Soft Works, OXO tot, OXO Brew, OXO Strive, OXO Outdoor, Osprey, PUR, Honeywell, Braun, Vicks, Drybar, Hot Tools, Revlon, and Bed Head brands. Helen of Troy Limited was incorporated in 1968 and is headquartered in El Paso, Texas.

HELE Income Statement

2022-11-30

Condensed Consolidated Statements of Income (Unaudited) - USD ($) shares in Thousands, $ in Thousands	3 Months Ended		9 Months Ended
	Nov. 30, 2022	Nov. 30, 2021	Nov. 30, 2022	Nov. 30, 2021
Income Statement [Abstract]
Sales revenue, net	$ 558,606	$ 624,884	$ 1,588,084	$ 1,641,335
Cost of goods sold	301,930	351,051	898,791	936,322
Gross profit	256,676	273,833	689,293	705,013
Selling, general and administrative expense (“SG&A”)	169,020	183,788	515,974	482,467
Restructuring charges	10,463	5	15,241	380
Operating income	77,193	90,040	158,078	222,166
Non-operating income, net	5	52	185	185
Interest expense	13,149	3,206	26,688	9,508
Income before income tax	64,049	86,886	131,575	212,843
Income tax expense	12,223	11,203	24,482	28,873
Net income	$ 51,826	$ 75,683	$ 107,093	$ 183,970
Earnings per share (“EPS”):
Basic (in dollars per share)	$ 2.16	$ 3.14	$ 4.47	$ 7.60
Diluted (in dollars per share)	$ 2.15	$ 3.10	$ 4.45	$ 7.52
Weighted average shares used in computing EPS:
Basic (in shares)	23,991	24,129	23,942	24,193
Diluted (in shares)	24,078	24,399	24,086	24,461

HELE Balance Sheet

2022-11-30

Condensed Consolidated Balance Sheets (Unaudited) - USD ($) $ in Thousands	Nov. 30, 2022	Feb. 28, 2022
Assets, current:
Cash and cash equivalents	$ 45,337	$ 33,381
Receivables - principally trade, less allowances of $2,024 and $843	505,555	457,623
Inventory	536,793	557,992
Prepaid expenses and other current assets	27,850	25,712
Income taxes receivable	6,866	5,430
Assets held for sale	0	1,942
Total assets, current	1,122,401	1,082,080
Property and equipment, net of accumulated depreciation of $174,353 and $161,006	335,234	205,378
Goodwill	1,063,309	948,873
Other intangible assets, net of accumulated amortization of $163,913 and $150,309	558,381	537,846
Operating lease assets	39,757	37,759
Deferred tax assets, net	2,620	3,628
Other assets	7,723	7,887
Total assets	3,129,425	2,823,451
Liabilities, current:
Accounts payable, principally trade	232,460	308,178
Accrued expenses and other current liabilities	258,430	271,675
Income taxes payable	10,940	20,718
Long-term debt, current maturities	20,872	1,884
Liabilities held for sale	0	235
Total liabilities, current	522,702	602,690
Long-term debt, excluding current maturities	1,059,588	811,332
Lease liabilities, non-current	44,276	43,745
Deferred tax liabilities, net	31,307	21,582
Other liabilities, non-current	14,479	16,763
Total liabilities	1,672,352	1,496,112
Commitments and contingencies
Stockholders' equity:
Cumulative preferred stock, non-voting, $1.00 par. Authorized 2,000,000 shares; none issued	0	0
Common stock, $0.10 par. Authorized 50,000,000 shares; 23,991,063 and 23,800,305 shares issued and outstanding	2,399	2,380
Additional paid in capital	322,527	303,740
Accumulated other comprehensive income	4,139	202
Retained earnings	1,128,008	1,021,017
Total stockholders' equity	1,457,073	1,327,339
Total liabilities and stockholders' equity	$ 3,129,425	$ 2,823,451