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

36.98USD-0.46 (-1.23%)Market Closed

Market Summary

USD36.98-0.46

Market Closed

-1.23%

SPLP Stock Price

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SPLP RSI Chart

SPLP Valuation

Market Cap

766.2M

Price/Earnings (Trailing)

5.09

Price/Sales (Trailing)

0.4

EV/EBITDA

1.61

Price/Free Cashflow

-25.35

SPLP Price/Sales (Trailing)

SPLP Profitability

EBT Margin

8.46%

Return on Assets

3.77%

Free Cashflow Yield

-3.95%

SPLP Fundamentals

SPLP Revenue

Revenue (TTM)

1.9B

Rev. Growth (Yr)

-22.05%

Rev. Growth (Qtr)

-5.15%

SPLP Earnings

Earnings (TTM)

150.5M

Earnings Growth (Yr)

-44.32%

Earnings Growth (Qtr)

62.48%

Breaking Down SPLP Revenue

Last 7 days

-1.2%

Last 30 days

-7.5%

Last 90 days

-1.7%

Trailing 12 Months

-12.9%

How does SPLP drawdown profile look like?

SPLP Financial Health

Current Ratio

1.27

Debt/Cashflow

0.11

SPLP Investor Care

Buy Backs (1Y)

1.60%

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	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
Apr 19, 2024	CALDWELL SUTTER CAPITAL, INC.	unchanged	-	-3,014	341,426	0.16%
Apr 17, 2024	Alpha Omega Wealth Management LLC	unchanged	-	-26,812	3,037,390	0.56%
Feb 14, 2024	KENNEDY CAPITAL MANAGEMENT LLC	reduced	-3.79	-209,722	1,999,920	0.04%
Feb 14, 2024	GAMCO INVESTORS, INC. ET AL	added	0.12	-215,622	3,490,600	0.04%
Feb 14, 2024	ADAR1 Capital Management, LLC	new	-	13,640	13,640	-%
Feb 14, 2024	SUSQUEHANNA INTERNATIONAL GROUP, LLP	new	-	225,800	225,800	-%
Feb 14, 2024	EJF Capital LLC	unchanged	-	-50,415	800,200	0.42%
Feb 14, 2024	BNP PARIBAS ARBITRAGE, SNC	sold off	-100	-7,058	-	-%
Feb 14, 2024	Royal Bank of Canada	sold off	-100	-114,000	-	-%
Feb 13, 2024	Teton Advisors, Inc.	added	4.08	-8,697	408,000	0.13%

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

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
Apr 24, 2024	4	Insider Trading
Apr 22, 2024	4	Insider Trading
Apr 22, 2024	SC 13D/A	13D - Major Acquisition
Apr 18, 2024	SC 13D/A	13D - Major Acquisition
Apr 17, 2024	4	Insider Trading
Apr 16, 2024	4	Insider Trading
Apr 11, 2024	ARS	ARS
Apr 11, 2024	DEF 14A	DEF 14A
Apr 11, 2024	DEFA14A	DEFA14A
Apr 03, 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	127.0B	36.7B	-1.86%	-0.60%	22.45	3.47	3.37%	13.93%
MMM	50.8B	32.7B	4.95%	-11.85%	-7.27	1.56	-4.52%	-221.08%
MID-CAP
MDU	5.0B	4.8B	6.33%	-15.33%	12.13	1.05	4.67%	12.85%
GFF	3.5B	2.7B	-7.07%	140.38%	48.59	1.29	-7.82%	143.84%
SEB	3.2B	9.6B	2.25%	-17.88%	14.01	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	-1.57%	24.37%	7.1	0.85	2.48%	576.85%
MATW	826.0M	1.9B	-8.00%	-25.66%	24.82	0.44	6.12%	143.63%
SPLP	766.2M	1.9B	-7.55%	-12.91%	5.09	0.4	25.43%	-26.34%
NNBR	187.3M	489.3M	-21.28%	252.78%	-3.74	0.38	-1.90%	-92.16%
RCMT	151.9M	263.2M	-13.08%	67.95%	9.02	0.58	-7.53%	-19.43%

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	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q3	2022Q2	2022Q2	2022Q1	2021Q4	2021Q3	2021Q3	2021Q2	2021Q2	2021Q1	2020Q4	2020Q3	2020Q3	2020Q2	2020Q2
Revenue	-5.1%	467	492	501	445	599	426	53.00	441	52.00	406	565	392	48.00	386	49.00	314	430	330	165	294	177
Gross Profit	-	-	-	-	-	-	-	12.00	-	9.00	14.00	-	-	8.00	-	10.00	36.00	22.00	-	40.00	-	33.00
Costs and Expenses	-7.6%	427	462	453	402	338	381	-	312	-	389	364	361	-	326	-	273	247	285	-	300	-
S&GA Expenses	3.0%	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	-10.8%	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*	0.23*	0.21*	-	-	-	-	-
Interest Expenses	-40.1%	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	103.4%	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	32.0%	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	-16.3%	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*	0.15*	0.14*	-	-	-	-	-
Net Income	62.5%	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	-6.16
Net Income Margin	-12.4%	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*	0.12*	0.13*	-	-	-	-	-
Free Cashflow	-109.9%	-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	2.00	2.00	-	-	-	-	-

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	2020Q2	2020Q1	2019Q4	2019Q3	2019Q3	2019Q2
Assets	1.0%	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	2,459
Current Assets	5.2%	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	1,073
Cash Equivalents	2.8%	578	562	353	305	234	362	202	201	325	133	224	200	136	140	106	-	394	138	112	-	206
Inventory	-5.8%	202	215	224	221	214	211	213	197	184	170	158	152	137	150	144	-	153	148	161	-	163
Net PPE	1.9%	254	249	247	240	239	230	229	228	235	214	220	222	229	232	238	-	246	250	288	-	291
Goodwill	0.1%	149	149	23.00	126	126	125	123	123	148	148	148	148	151	152	152	-	152	150	150	-	192
Liabilities	-1.0%	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	1,937
Current Liabilities	-1.1%	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	920
Short Term Borrowings	-100.0%	-	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	-	4.00
Long Term Debt	2.3%	191	187	185	182	180	177	175	268	270	252	282	283	323	289	351	-	551	322	403	-	444
LT Debt, Current	0%	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	-	11.00
LT Debt, Non Current	2.3%	191	187	185	182	180	177	175	268	270	252	282	283	323	289	351	-	551	322	403	-	444
Shares Outstanding	-	-	-	-	-	-	-	-	-	-	-	-	23.00	-	-	-	25.00	-	-	-	25.00	-
Float	-	-	-	248	-	-	-	237	-	-	-	206	-	-	-	57.00	-	-	-	-	-	151

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	-85.6%	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	15,085
Share Based Compensation	1.8%	610	599	419	-11.00	438	369	354	119	346	399	354	363	298	333	50.00	206	145	243	227	164	137
Cashflow From Investing	206.9%	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	-59,457
Cashflow From Financing	-113.0%	-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	87,723
Dividend Payments	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	-	-	-	-	-	-	-	-

SPLP Income Statement

2023-12-31

Consolidated Statements of Operations - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Revenue:
Total revenue	$ 1,905,457	$ 1,695,441
Costs and expenses:
Cost of goods sold	1,103,017	1,096,936
Selling, general and administrative expenses	504,960	383,377
Asset impairment charges	865	3,162
Finance interest expense	80,432	16,907
Provision for credit losses	51,824	23,177
Interest expense	18,400	20,649
Gains from sales of businesses	(58)	(85,683)
Realized and unrealized gains on securities, net	(7,074)	(34,791)
Other income, net	(8,115)	(3,791)
Total costs and expenses	1,744,251	1,419,943
Income from operations before income taxes and equity method investments	161,206	275,498
Income tax (benefit) provision	(1,674)	73,944
Loss (income) of associated companies, net of taxes	$ 8,878	$ (4,611)
Fair Value, Asset, Recurring Basis, Unobservable Input Reconciliation, Gain (Loss), Statement of Income or Comprehensive Income [Extensible Enumeration]	Loss (income) of associated companies, net of taxes	Loss (income) of associated companies, net of taxes
Net income	$ 154,002	$ 206,165
Net income attributable to noncontrolling interests in consolidated entities	(3,173)	(193)
Net income attributable to common unitholders	$ 150,829	$ 205,972
Net income per common unit - basic
Net income attributable to common unitholders (in dollars per share)	$ 7.04	$ 9.03
Net income per common unit - diluted
Net income attributable to common unitholders (in dollars per share)	$ 6.43	$ 8.12
Weighted-average number of common units outstanding - basic (in shares)	21,433,900	22,813,588
Weighted-average number of common units outstanding - diluted (in shares)	25,356,796	26,869,440
Diversified Industrial
Revenue:
Total revenue	$ 1,193,964	$ 1,285,666
Energy net revenue
Revenue:
Total revenue	179,438	181,811
Financial Services revenue
Revenue:
Total revenue	416,911	227,964
Supply Chain revenue
Revenue:
Total revenue	$ 115,144	$ 0

SPLP Balance Sheet

2023-12-31

Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Current assets:
Cash and cash equivalents	$ 577,928	$ 234,448
Trade and other receivables - net of allowance for doubtful accounts of $2,481 and $2,414, respectively	216,429	183,861
Receivable from related parties:	$ 234	$ 961
Other Receivable, after Allowance for Credit Loss, Current, Related Party, Type [Extensible Enumeration]	Related Party	Related Party
Loans receivable, including loans held for sale of $868,884 and $602,675, respectively, net	$ 1,582,536	$ 1,131,745
Inventories, net	202,294	214,084
Prepaid expenses and other current assets	47,935	40,129
Total current assets	2,627,356	1,805,228
Long-term loans receivable, net	386,072	423,248
Goodwill	148,838	125,813
Other intangible assets, net	114,177	94,783
Other non-current assets	342,046	195,859
Property, plant and equipment, net	253,980	238,510
Operating lease right-of-use assets	76,746	42,711
Long-term investments	41,225	309,697
Total Assets	3,990,440	3,235,849
Current liabilities:
Accounts payable	131,922	109,572
Accrued liabilities	117,943	112,744
Deposits	1,711,585	1,360,477
Short-term debt	0	685
Current portion of long-term debt	67	67
Total current liabilities	2,065,132	1,649,143
Long-term deposits	370,107	208,004
Long-term debt	191,304	179,572
Other borrowings	15,065	41,682
Preferred unit liability	154,925	152,247
Accrued pension liabilities	46,195	84,948
Deferred tax liabilities	18,353	41,055
Long-term operating lease liabilities	61,790	35,512
Other non-current liabilities	62,161	42,226
Total Liabilities	2,985,032	2,434,389
Commitments and Contingencies
Capital:
Partners' capital common units: 21,296,067 and 21,605,093 issued and outstanding (after deducting 18,367,307 and 17,904,679 units held in treasury, at cost of $329,297 and $309,257, respectively	1,079,853	952,094
Accumulated other comprehensive loss	(121,223)	(151,874)
Total Partners' Capital	958,630	800,220
Noncontrolling interests in consolidated entities	46,778	1,240
Total Capital	1,005,408	801,460
Total Liabilities and Capital	3,990,440	3,235,849
Related Party
Current liabilities:
Other current liabilities	2,529	2,881
Nonrelated Party
Current liabilities:
Other current liabilities	$ 101,086	$ 62,717

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 Wed Apr 24 2024, market cap of Steel Partners Holdings LP is 766.19 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 Wed Apr 24 2024, SPLP's PE ratio (Price to Earnings) is 5.09 and Price to Sales (PS) ratio is 0.4. 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 0.085 (multiply by 100 for percentage) rate of return.