Grufity logoGrufity logo
StocksFundsSearch Filings

Sally Beauty Holdings Inc Stock Research

SBH

11.46USD+0.40(+3.62%)Delayedas of 24 May 2023, 02:08 pm

Market Summary

USD11.46+0.40
Delayedas of 24 May 2023, 02:08 pm
3.62%

SBH Stock Price

SBH RSI Chart

SBH Valuation

Market Cap

1.2B

Price/Earnings (Trailing)

7.48

Price/Sales (Trailing)

0.31

EV/EBITDA

5.51

Price/Free Cashflow

8.4

SBH Price/Sales (Trailing)

SBH Profitability

EBT Margin

5.81%

Return on Equity

44.21%

Return on Assets

6.19%

Free Cashflow Yield

11.9%

SBH Fundamentals

SBH Revenue

Revenue (TTM)

3.8B

Revenue Y/Y

0.8%

Revenue Q/Q

-4.01%

SBH Earnings

Earnings (TTM)

159.1M

Earnings Y/Y

-12.71%

Earnings Q/Q

-18.83%

Price Action

52 Week Range

10.8018.42
(Low)(High)

Last 7 days

4.1%

Last 30 days

-19.3%

Last 90 days

-29.4%

Trailing 12 Months

-13.4%

SBH Financial Health

Current Ratio

1.8

Debt/Equity

2.9

Debt/Cashflow

0.2

SBH Investor Care

Shares Dilution (1Y)

0.58%

Diluted EPS (TTM)

1.46

Peers (Alternatives to Sally Beauty Holdings)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
24.2B
10.2B
-11.22% 38.64%
19.48
2.37
18.28% 26.03%
15.2B
46.3B
-4.49% 0.35%
10.68
0.33
-10.55% -42.18%
10.6B
12.4B
-16.34% 69.10%
10.14
0.85
0.61% -31.37%
MID-CAP
7.4B
8.7B
-7.77% 4.57%
6.59
0.86
5.20% 0.14%
7.4B
5.9B
13.03% -3.63%
-23.55
1.24
-1.39% 17.89%
5.7B
3.6B
4.70% 0.10%
10.7
1.58
-4.48% -23.22%
3.2B
7.8B
-5.15% 30.22%
8.48
0.41
0.21% -51.07%
1.6B
8.4B
-7.57% 5.32%
8.72
0.19
-0.58% 188.83%
SMALL-CAP
1.2B
3.8B
-19.28% -13.39%
7.48
0.31
-2.68% -38.81%
1.2B
81.9M
-2.67% 80.65%
30.26
14.23
2.86% -4.81%
222.6M
1.4B
-0.81% -34.52%
5.49
0.16
-7.08% -62.65%
107.1M
1.3B
-8.61% -64.37%
-1.81
0.08
-15.57% -154.80%
42.4M
2.2B
-10.90% -93.38%
-0.16
0.02
1.89% -208.17%
38.4M
498.8M
- -52.64%
-0.86
0.08
-10.63% -302.91%
12.6M
6.2B
-82.43% -99.45%
-0.01
0
-26.37% -225.93%

Financials for Sally Beauty Holdings

Income Statement (Last 12 Months)
(In Millions)
* denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q12022Q42022Q32022Q22022Q1
Revenue0.2%3,8003,7923,8163,8433,904
Gross Profit0.2%1,9111,9081,9191,9571,981
  S&GA Expenses0.7%1,5701,5591,5541,5431,538
EBITDA-5.8%412438507536-
EBITDA Margin-5.2%0.11*0.11*0.13*0.14*-
Earnings Before Taxes-5.4%208220244313354
EBT Margin-9.2%0.06*0.06*0.08*0.09*-
Interest Expenses-3.5%88.0091.0094.0096.0084.00
Net Income-3.6%159165184230260
Net Income Margin-9.5%0.04*0.05*0.06*0.07*-
Free Cahsflow108.3%11957.00117157-
Balance Sheet
(In Millions)
Description(%) Q/Q2023Q12022Q42022Q32022Q22022Q1
Assets0.2%2,6752,6692,5772,6862,743
  Current Assets-0.8%1,2091,2191,1321,2431,302
    Cash Equivalents-37.8%62.0099.0071.00101227
  Inventory3.7%1,0249879361,015963
  Net PPE-1.9%283289298290288
  Goodwill0.3%534533526533540
Liabilities-2.0%2,2492,2952,2832,3902,471
  Current Liabilities-6.9%631677668775574
  Long Term Debt-1.5%1,0651,0821,0831,0841,381
Shareholder's Equity14.1%426373294296272
  Retained Earnings8.3%531491440419372
  Additional Paid-In Capital65.6%14.008.004.002.00-
Accumulated Depreciation-0.9%842849821808801
Shares Outstanding0.2%108107107107107
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2023Q12022Q42022Q32022Q22022Q1
Cashflow From Operations10.0%239217157213248
  Share Based Compensation16.2%13.0011.0010.0012.0012.00
Cashflow From Investing0.5%-100-100-102-96.68-91.11
Cashflow From Financing4.2%-296-309-373-277-335
  Buy Backs-25.0%130174261--

Risks for SBH

What is the probability of a big loss on SBH?

100%


Probability that Sally Beauty Holdings stock will be more than 20% underwater in next one year

80.4%


Probability that Sally Beauty Holdings stock will be more than 30% underwater in next one year.

46.1%


Probability that Sally Beauty Holdings 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 SBH drawdown profile look like?

Y-axis is the maximum loss one would have experienced if Sally Beauty Holdings was unfortunately bought at previous high price.

Drawdowns

Returns for SBH

Cumulative Returns on SBH

-9.4%


10-Year Cumulative Returns

-11.7%


7-Year Cumulative Returns

-5.9%


5-Year Cumulative Returns

0.1%


3-Year Cumulative Returns

What are the long-term rolling returns for SBH?

FIve years rolling returns for Sally Beauty Holdings.

Annualized Returns

Which funds bought or sold SBH recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2023-05-22
AMERIPRISE FINANCIAL INC
reduced
-1.91
1,121,670
6,205,670
-%
2023-05-22
PUTNAM INVESTMENTS LLC
reduced
-4.05
300,837
1,851,780
-%
2023-05-22
EMC Capital Management
unchanged
-
38,000
194,000
0.16%
2023-05-19
Coppell Advisory Solutions LLC
sold off
-100
-388
-
-%
2023-05-18
NEW YORK STATE COMMON RETIREMENT FUND
reduced
-5.89
852,000
5,829,000
0.01%
2023-05-18
JPMORGAN CHASE & CO
added
4.57
2,461,000
10,635,000
-%
2023-05-17
KB FINANCIAL PARTNERS, LLC
unchanged
-
-
2,000
-%
2023-05-17
Thrivent Financial for Lutherans
reduced
-3.1
283,000
1,657,000
-%
2023-05-16
SUSQUEHANNA INTERNATIONAL GROUP, LLP
new
-
829,168
829,168
-%
2023-05-16
JANE STREET GROUP, LLC
reduced
-11.39
44,257
475,408
-%

1–10 of 40

Latest Funds Activity

Are funds buying SBH calls or puts?
Calls
Puts
Are funds bullish or bearish(Calls - Puts)?
Net Call Options
No. of funds that own SBH
No. of Funds

Sally Beauty Holdings News

Benzinga
Oliver Chen's Stock Ratings - TD Cowen Analyst.
Benzinga,
2 days ago
Houston Chronicle
Sally Beauty: Fiscal Q2 Earnings Snapshot.
Houston Chronicle ,
20 days ago
Marketscreener.com
Seeking Alpha
Seeking Alpha

Schedule 13G FIlings of Sally Beauty Holdings

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 15, 2023
arrowmark colorado holdings llc
7.06%
7,558,730
SC 13G/A
Feb 14, 2023
alliancebernstein l.p.
8.0%
8,610,218
SC 13G/A
Feb 09, 2023
fmr llc
-
0
SC 13G/A
Feb 09, 2023
vanguard group inc
11.31%
12,102,662
SC 13G/A
Jan 23, 2023
blackrock inc.
16.0%
17,148,656
SC 13G/A
Feb 14, 2022
alliancebernstein l.p.
5.8%
6,615,754
SC 13G
Feb 14, 2022
arrowmark colorado holdings llc
13.57%
15,337,028
SC 13G/A
Feb 09, 2022
fmr llc
-
0
SC 13G/A
Jan 27, 2022
blackrock inc.
15.6%
17,614,295
SC 13G/A
Jan 26, 2022
blackrock inc.
15.6%
17,614,295
SC 13G/A

SBH Fair Value

Sally Beauty Holdings fair value in different scenarios

The table shows the Fair Value estimates for Sally Beauty Holdings 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 ValueVery PessimisticPessimisticBase CaseOptimisticVery Optimistic
Very Low Inflation

11.52

0.52%

14.11

23.12%

17.98

56.89%

21.41

86.82%

25.74

124.61%
Current Inflation

10.99

-4.10%

13.38

16.75%

16.94

47.82%

20.08

75.22%

23.19

102.36%
Very High Inflation

10.29

-10.21%

12.45

8.64%

15.62

36.30%

18.39

60.47%

20.15

75.83%

Historical Sally Beauty Holdings Fair Value Estimates


Very Pessimistic Case
Pessimistic Case
Fair Value
Optimistic Case
Very Optimistic Case
Closing Stock Price

Recent SEC filings of Sally Beauty Holdings

View All Filings
Date Filed Form Type Document
May 04, 2023
8-K
Current Report
May 04, 2023
10-Q
Quarterly Report
Apr 11, 2023
4
Insider Trading
Mar 01, 2023
8-K
Current Report
Feb 17, 2023
4
Insider Trading
Feb 15, 2023
SC 13G/A
Major Ownership Report
Feb 14, 2023
SC 13G/A
Major Ownership Report

Latest Insider Trading transactions for SBH

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2023-04-09
Platz Marlo Michelle Cormier
sold (taxes)
-26,640
14.67
-1,816
svp, cfo
2023-02-16
Spinks Mark Gregory
sold
-609,134
17.18
-35,456
see remarks
2023-02-16
Spinks Mark Gregory
acquired
322,295
9.09
35,456
see remarks
2023-01-26
MCMASTER ROBERT R
acquired
-
-
64,865
-
2023-01-26
MILLER JOHN A
acquired
-
-
48,479
-
2023-01-26
RABIN EDWARD W
acquired
-
-
75,997
-
2023-01-26
EISENBERG MARSHALL E
acquired
-
-
103,797
-
2022-11-23
Goss John Howard JR
acquired
-
-
1,587
svp & president, sally beauty
2022-11-23
Platz Marlo Michelle Cormier
acquired
-
-
1,634
svp, cfo
2022-11-23
Edwards Mary Beth Beth
sold (taxes)
-660
11.58
-57.00
svp, cio & cto

1–10 of 50

Denise A. Paulonis
29000
Sally Beauty Holdings, Inc. operates as a specialty retailer and distributor of professional beauty supplies. The company operates through two segments, Sally Beauty Supply and Beauty Systems Group. The Sally Beauty Supply segment offers beauty products, including hair color and care products, skin and nail care products, styling tools, and other beauty products for retail customers, salons, and salon professionals. This segment also provides products under third-party brands, such as Wella, Clairol, OPI, Conair, and L'Oreal, as well as exclusive-label brand merchandise. The Beauty Systems Group segment offers professional beauty products, such as hair color and care products, skin and nail care products, styling tools, and other beauty items directly to salons and salon professionals through its professional-only stores, e-commerce platforms, and sales force, as well as through franchised stores under the Armstrong McCall store name. This segment also sells products under third-party brands, such as Paul Mitchell, Wella, Matrix, Schwarzkopf, Kenra, Goldwell, Joico, and Olaplex. As of September 30, 2021, the company operated 4,777 stores, including 134 franchised units in the United States, Puerto Rico, Canada, Mexico, Chile, Peru, the United Kingdom, Ireland, Belgium, France, the Netherlands, Spain, and Germany. It also distributes its products through full-service/exclusive distributors, open-line distributors, direct sales, and mega-salon stores. Sally Beauty Holdings, Inc. was founded in 1964 and is headquartered in Denton, Texas.

SBH Income Statement

2023-03-31
Condensed Consolidated Statements of Earnings - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended6 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Mar. 31, 2023
Mar. 31, 2022
Income Statement [Abstract]    
Net sales$ 918,712$ 911,387$ 1,875,767$ 1,891,638
Cost of goods sold450,373446,055918,854926,177
Gross profit468,339465,332956,913965,461
Selling, general and administrative expenses389,657378,871781,237765,121
Restructuring7,274 17,6801,099
Operating earnings71,40886,461157,996199,241
Interest expense16,68519,89634,60840,137
Earnings before provision for income taxes54,72366,565123,388159,104
Provision for income taxes13,86219,75732,19043,458
Net earnings$ 40,861$ 46,808$ 91,198$ 115,646
Earnings per share:    
Basic$ 0.38$ 0.43$ 0.85$ 1.05
Diluted$ 0.37$ 0.42$ 0.83$ 1.03
Weighted-average shares:    
Basic107,453108,743107,294110,387
Diluted109,706110,540109,499112,207

SBH Balance Sheet

2023-03-31
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2023
Sep. 30, 2022
Current assets:  
Cash and cash equivalents$ 61,620$ 70,558
Trade accounts receivable, net30,54034,102
Accounts receivable, other45,12338,175
Inventory1,023,656936,374
Other current assets48,07253,192
Total current assets1,209,0111,132,401
Property and equipment, net of accumulated depreciation of $841,760 at March 31, 2023, and $820,811 at September 30, 2022283,356297,876
Operating lease assets562,336532,177
Goodwill534,218526,066
Intangible assets, excluding goodwill, net of accumulated amortization of $29,921 at March 31, 2023, and $26,794 at September 30, 202250,53350,315
Other assets35,66038,032
Total assets2,675,1142,576,867
Current liabilities:  
Current maturities of long-term debt38,17568,658
Accounts payable265,075275,717
Accrued liabilities168,187161,065
Current operating lease liabilities154,255157,734
Income taxes payable4,9494,740
Total current liabilities630,641667,914
Long-term debt1,065,4391,083,043
Long-term operating lease liabilities444,819424,762
Other liabilities22,04422,427
Deferred income tax liabilities, net86,28385,085
Total liabilities2,249,2262,283,231
Stockholders’ equity:  
Common stock, $0.01 par value. Authorized 500,000 shares; 107,556 and 107,024 shares issued and 107,549 and 106,970 shares outstanding at March 31, 2023, and September 30, 2022, respectively1,0761,070
Preferred stock, $0.01 par value. Authorized 50,000 shares; none issued
Additional paid-in capital13,7904,241
Accumulated earnings531,370440,172
Accumulated other comprehensive loss, net of tax(120,348)(151,847)
Total stockholders’ equity425,888293,636
Total liabilities and stockholders’ equity$ 2,675,114$ 2,576,867