TBLT - Toughbuilt Industries Inc Stock Price, Fair Value and News

2.75USD+0.51 (+22.77%)Market Closed

Market Summary

USD2.75+0.51

Market Closed

22.77%

TBLT Stock Price

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TBLT RSI Chart

TBLT Valuation

Market Cap

82.7M

Price/Earnings (Trailing)

-1.55

Price/Sales (Trailing)

0.89

EV/EBITDA

141.9

Price/Free Cashflow

-6.43

TBLT Price/Sales (Trailing)

TBLT Profitability

EBT Margin

-4.80%

Return on Equity

-620.35%

Return on Assets

-79.51%

Free Cashflow Yield

-15.56%

TBLT Fundamentals

TBLT Revenue

Revenue (TTM)

89.6M

Rev. Growth (Yr)

-31.79%

Rev. Growth (Qtr)

9.27%

TBLT Earnings

Earnings (TTM)

-51.3M

Earnings Growth (Yr)

-277.96%

Earnings Growth (Qtr)

-148.87%

Breaking Down TBLT Revenue

Last 7 days

-7.8%

Last 30 days

-27.3%

Last 90 days

-65.0%

Trailing 12 Months

-96.6%

How does TBLT drawdown profile look like?

TBLT Financial Health

Current Ratio

0.74

TBLT Investor Care

Shares Dilution (1Y)

199.48%

Diluted EPS (TTM)

5.87

Historical Charts for Stock Metrics

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Net sales

Year	Q1	Q2	Q3	Q4
2023	98.2M	99.2M	89.6M	0
2022	75.0M	77.0M	90.0M	95.3M
2021	47.8M	56.8M	57.4M	70.0M
2020	18.0M	20.1M	31.9M	39.4M
2019	16.4M	16.6M	17.9M	19.1M
2018	15.1M	16.0M	16.4M	15.3M
2017	0	10.9M	12.5M	14.2M
2016	0	0	0	9.2M

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 Toughbuilt Industries Inc

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Dec 16, 2021	panosian michael	bought	100,737	0.3825	263,365	ceo, president, chairman

Which funds bought or sold TBLT recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
Mar 11, 2024	VANGUARD GROUP INC	unchanged	-	-6,889	28,936	-%
Feb 26, 2024	Virtu Financial LLC	sold off	-100	-24,000	-	-%
Feb 15, 2024	Farther Finance Advisors, LLC	sold off	-100	-1.00	-	-%
Feb 15, 2024	JANE STREET GROUP, LLC	new	-	5,151	5,151	-%
Feb 14, 2024	SABBY MANAGEMENT, LLC	reduced	-93.03	-279,964,000	16,689,000	0.02%
Feb 14, 2024	CITADEL ADVISORS LLC	new	-	22,142	22,142	-%
Feb 14, 2024	Hudson Bay Capital Management LP	sold off	-100	-308	-	-%
Feb 14, 2024	SUSQUEHANNA INTERNATIONAL GROUP, LLP	sold off	-100	-164	-	-%
Feb 14, 2024	TWO SIGMA SECURITIES, LLC	added	631	26,504	31,900	-%
Feb 14, 2024	Verition Fund Management LLC	sold off	-100	-633	-	-%

Are Funds Buying or Selling TBLT?

Are funds buying TBLT calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own TBLT

No. of Funds

Unveiling Toughbuilt Industries Inc's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 21, 2024	lind global fund ii lp	9.9%	77,000	SC 13G
Feb 14, 2024	ayrton capital llc	9.9%	4,097,134	SC 13G
Feb 13, 2024	lind global fund ii lp	3.2%	1,222,387	SC 13G/A
Jan 02, 2024	sabby management, llc	4.99%	1,842,070	SC 13G/A
Jun 30, 2023	lind global fund ii lp	9.9%	2,169,510	SC 13G
Feb 08, 2023	intracoastal capital, llc	1.2%	306,558	SC 13G/A
Jan 04, 2023	sabby management, llc	9.99%	1,231,420	SC 13G
Jul 22, 2021	ayrton capital llc	5.34%	6,904,488	SC 13G/A
Jul 21, 2021	intracoastal capital, llc	3.3%	4,345,109	SC 13G
Jun 01, 2021	kershner trading americas,llc	0%	0	SC 13G/A

Recent SEC filings of Toughbuilt Industries Inc

View All Filings

Date Filed	Form Type	Document
Mar 29, 2024	NT 10-K	NT 10-K
Feb 21, 2024	SC 13G	Major Ownership Report
Feb 20, 2024	8-K	Current Report
Feb 16, 2024	424B5	Prospectus Filed
Feb 16, 2024	424B5	Prospectus Filed
Feb 15, 2024	424B4	Prospectus Filed
Feb 14, 2024	SC 13G	Major Ownership Report
Feb 13, 2024	SC 13G/A	Major Ownership Report
Feb 13, 2024	S-1/A	Initial Public Offering
Feb 13, 2024	EFFECT	EFFECT

Peers (Alternatives to Toughbuilt Industries Inc)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
CARR	48.2B	22.1B	-8.64%	17.87%	33.45	2.18	8.21%	-59.82%
BLDR	21.7B	17.1B	-14.37%	86.77%	14.11	1.27	-24.77%	-43.97%
HUBB	20.9B	5.4B	-4.58%	67.89%	27.56	3.9	8.59%	39.18%
CSL	17.7B	4.8B	-3.14%	66.88%	23.04	3.65	-14.85%	-16.95%
LECO	13.4B	4.2B	-6.87%	49.20%	24.51	3.19	11.44%	15.46%
MID-CAP
AYI	7.6B	3.9B	-7.14%	54.88%	20.15	1.98	-6.35%	-0.40%
AAON	7.1B	1.2B	0.13%	29.12%	39.87	6.06	31.47%	76.96%
ATKR	6.4B	3.5B	-6.58%	29.46%	9.75	1.83	-10.84%	-25.77%
AEIS	3.4B	1.7B	-6.31%	0.92%	26.47	2.05	-10.27%	-35.75%
PLUG	1.7B	891.3M	-26.99%	-70.96%	-1.24	1.91	27.07%	-89.06%
SMALL-CAP
APOG	1.3B	1.4B	-1.43%	32.25%	12.2	0.91	-1.78%	53.96%
ACTG	496.5M	130.3M	-5.61%	26.75%	7.4	3.81	54.06%	153.62%
ACCO	471.8M	1.8B	-13.05%	0.41%	-21.64	0.26	-5.89%	-65.15%
FCEL	366.0M	103.0M	-23.48%	-57.49%	-4	3.55	-24.12%	24.29%
APT	70.6M	61.2M	4.03%	54.23%	16.86	1.15	-1.21%	27.64%

Toughbuilt Industries Inc News

Latest updates

Toughbuilt Industries Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

Income Statement (Quarterly)
Description	(%) Q/Q	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4	2018Q3
Revenue	9.3%	20,630,207	18,879,569	20,212,711	29,900,117	30,245,251	17,887,655	17,220,744	24,674,765	17,215,938	15,853,368	12,282,255	12,021,070	16,663,389	6,839,646	3,909,512	4,529,173	4,784,087	4,754,340	5,022,471	3,363,771	3,460,150
Gross Profit	-15.9%	4,912,974	5,840,973	3,557,272	9,342,563	7,917,157	4,948,416	3,003,127	6,047,107	5,444,623	3,353,276	3,463,128	2,056,902	6,829,380	2,381,945	1,521,769	1,101,796	1,479,969	1,176,922	1,177,714	790,636	654,109
Operating Expenses	-13.4%	15,488,815	17,880,660	18,617,637	24,329,527	17,457,811	17,251,293	18,448,095	20,741,572	16,853,451	10,672,765	9,356,168	11,095,381	6,493,566	4,560,015	5,027,991	3,188,071	3,940,940	3,194,909	3,193,137	2,655,319	2,510,102
S&GA Expenses	-16.0%	12,572,066	14,967,257	15,090,116	21,082,858	14,676,135	14,496,942	15,934,045	18,263,947	15,242,780	9,242,946	7,949,783	7,654,698	5,703,676	4,137,943	4,503,825	2,593,556	3,549,480	2,528,461	2,729,542	2,285,843	1,918,613
R&D Expenses	0.1%	2,916,349	2,913,403	3,527,521	3,246,669	2,781,676	2,754,351	2,514,050	2,477,625	1,610,671	1,429,819	1,406,385	3,440,683	789,890	422,072	524,166	594,515	391,460	666,448	463,595	369,476	591,489
EBITDA Margin	5.1%	0.02	0.02	0.01	0.00	0.00	-0.01	-0.02	-0.04	-0.05	-0.06	-0.07	-0.09	-0.10	-	-	-	-	-	-	-	-
Interest Expenses	-74.5%	146,867	576,425	699,757	-640,731	548,422	92,438	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Income Taxes	-	-	-	-	-	-	-	-	-	-	-	-	800	-	-	-	-	-	-	-	-	-
Earnings Before Taxes	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-2,119,262	-2,689,342	-	500,213	-20,513,797	-3,008,675
EBT Margin	-10.7%	-0.05	-0.04	-0.04	-0.05	-0.05	-0.06	-0.06	-0.06	-0.07	-0.08	-0.09	-0.11	-0.13	-	-	-	-	-	-	-	-
Net Income	-148.9%	-14,248,574	-5,725,370	-8,275,162	-23,061,713	8,006,430	-12,136,051	-12,103,938	-14,955,106	-9,094,707	-7,422,426	-6,053,659	-11,195,640	120,835	-2,519,158	-3,754,659	-2,119,262	-2,689,342	7,422	500,213	-20,513,796	-3,008,675
Net Income Margin	-95.5%	-0.57	-0.29	-0.36	-0.41	-0.35	-0.63	-0.58	-0.54	-0.59	-0.50	-0.44	-0.44	-0.26	-0.55	-	-	-	-	-	-	-
Free Cashflow	23.0%	-3,018,487	-3,920,067	-474,698	-4,982,802	-22,728,887	-3,889,494	-10,790,402	-23,716,936	-27,070,449	-11,735,139	-14,962,781	-7,056,840	-12,206,090	-4,104,039	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4	2018Q3
Assets	-4.5%	65.00	68.00	74.00	84.00	93.00	83.00	77.00	79.00	91.00	60.00	65.00	27.00	35.00	30.00	13.00	10.00	13.00	6.00	8.00	9.00	3.00
Current Assets	-4.9%	39.00	41.00	48.00	60.00	68.00	60.00	58.00	65.00	81.00	54.00	61.00	24.00	33.00	28.00	12.00	9.00	7.00	6.00	8.00	9.00	2.00
Cash Equivalents	-16.9%	2.00	2.00	2.00	3.00	2.00	2.00	1.00	7.00	31.00	20.00	32.00	2.00	9.00	20.00	3.00	0.00	2.00	1.00	2.00	5.00	0.00
Inventory	-10.6%	28.00	31.00	33.00	40.00	40.00	40.00	41.00	38.00	31.00	19.00	12.00	9.00	7.00	2.00	2.00	2.00	2.00	1.00	2.00	0.00	0.00
Net PPE	-3.6%	19.00	20.00	19.00	18.00	19.00	17.00	16.00	13.00	10.00	7.00	4.00	3.00	2.00	2.00	1.00	1.00	1.00	0.00	0.00	0.00	0.00
Liabilities	10.2%	56.00	51.00	52.00	54.00	43.00	42.00	30.00	21.00	18.00	10.00	7.00	8.00	10.00	5.00	8.00	7.00	12.00	5.00	19.00	28.00	15.00
Current Liabilities	11.7%	53.00	48.00	49.00	51.00	39.00	38.00	28.00	21.00	18.00	10.00	7.00	8.00	10.00	5.00	8.00	7.00	7.00	5.00	19.00	28.00	15.00
Short Term Borrowings	-41.7%	1.00	1.00	1.00	1.00	1.00	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Shareholder's Equity	-49.8%	8.00	16.00	22.00	30.00	50.00	41.00	48.00	58.00	73.00	51.00	58.00	19.00	26.00	26.00	6.00	3.00	0.00	1.00	-	-	-
Retained Earnings	-9.0%	-173	-158	-153	-144	-121	-122	-110	-98.29	-83.33	-74.24	-66.82	-60.76	-49.57	-49.69	-47.17	-43.41	-41.29	-38.60	-38.61	-39.11	-18.60
Additional Paid-In Capital	3.4%	181	175	175	175	172	164	158	156	156	125	125	80.00	75.00	75.00	50.00	42.00	41.00	40.00	28.00	20.00	4.00
Shares Outstanding	162.2%	37.00	14.00	14.00	14.00	4.00	1.00	1.00	1.00	1.00	0.00	0.00	0.00	0.00	-	-	-	-	-	-	-	-
Float	-	-	-	-	-	-	31.00	-	-	-	106	-	-	-	29.00	-	-	-	8.00	-	-	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4	2018Q3
Cashflow From Operations	32.9%	-1,963	-2,928	783	-6,996	-17,401	-2,831	-10,062	-20,475	-23,098	-8,615	-13,994	-6,275	-11,275	-3,476	-4,035	-1,795	-2,303	-1,140	-4,988	-6,529	-383
Share Based Compensation	-12.4%	99.00	114	115	719	13.00	13.00	13.00	13.00	69.00	82.00	82.00	-42.07	-36.37	199	96.00	75.00	68.00	76.00	106	112	28.00
Cashflow From Investing	-7.3%	-1,063	-991	-1,257	2,014	-5,327	-1,057	-678	-3,241	-3,971	-3,119	-968	-780	-680	2,123	-158	-379	-375	-160	-115	-	-
Cashflow From Financing	-29.6%	2,655	3,769	268	5,959	22,174	5,096	4,205	-	38,034	-536	45,266	360	1,219	18,305	6,847	-255	4,110	-120	2,091	11,931	391

TBLT Income Statement

2023-09-30

Condensed Consolidated Statements of Operations - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
Revenues, net of allowances
Total revenues, net of allowances	$ 20,630,207	$ 30,245,251	$ 59,722,486	$ 65,353,651
Cost of Goods Sold
Total cost of goods sold	15,717,233	22,328,094	45,411,269	49,484,951
Gross profit	4,912,974	7,917,157	14,311,217	15,868,700
Operating expenses:
Selling, general and administrative expenses	12,572,066	14,676,135	42,618,510	45,106,976
Research and development	2,916,349	2,781,676	9,357,273	8,050,481
Total operating expenses	15,488,815	17,457,811	51,975,783	53,157,457
Loss from operations	(10,575,441)	(9,540,654)	(37,664,566)	(37,288,757)
Other income (expense)
Warrant issuance costs	(186,450)	(969,791)	(538,218)	(1,415,229)
Change in fair value of warrant and preferred investment option liabilities	3,033,537	19,065,297	17,761,007	23,111,029
Inducement expense	(6,373,353)		(6,373,353)
Interest expense	(146,867)	(548,422)	(1,433,975)	(640,603)
Total other income	(3,673,133)	17,547,084	9,415,461	21,055,197
Net income (loss)	(14,248,574)	8,006,430	(28,249,105)	(16,233,560)
Common stock deemed dividend		(7,467,200)		(7,467,200)
Net income (loss) attributable to common stockholders	$ (14,248,574)	$ 539,230	$ (28,249,105)	$ (23,700,760)
Basic net income (loss) per share attributed to common stockholders	$ (0.46)	$ 0.05	$ (1.37)	$ (5.42)
Basic weighted average common shares outstanding	31,298,034	10,872,412	20,663,732	4,376,175
Diluted net income (loss) per share attributed to common stockholders	$ (0.46)	$ 0.03	$ (1.37)	$ (5.42)
Diluted weighted average common shares outstanding	31,298,034	19,721,339	20,663,732	4,376,175
Metal goods [Member]
Revenues, net of allowances
Total revenues, net of allowances	$ 12,754,504	$ 19,226,191	$ 30,475,518	$ 34,354,744
Cost of Goods Sold
Total cost of goods sold	10,351,690	14,923,322	25,732,707	28,041,096
Soft goods [Member]
Revenues, net of allowances
Total revenues, net of allowances	6,035,706	8,239,785	25,938,923	27,258,989
Cost of Goods Sold
Total cost of goods sold	3,646,862	4,868,601	16,528,326	18,011,023
Electronic goods [Member]
Revenues, net of allowances
Total revenues, net of allowances	1,839,997	2,779,275	3,308,045	3,739,918
Cost of Goods Sold
Total cost of goods sold	$ 1,718,681	$ 2,536,171	$ 3,150,236	$ 3,432,832

TBLT Balance Sheet

2023-09-30

Condensed Consolidated Balance Sheets - USD ($)	Sep. 30, 2023	Dec. 31, 2022
Current Assets
Cash	$ 1,834,305	$ 2,564,237
Accounts receivable, net	8,992,889	16,810,659
Inventory, net	28,070,889	40,365,286
Prepaid and other current assets	543,343	369,792
Total Current Assets	39,441,426	60,109,974
Other Assets
Property and equipment, net	18,904,135	17,500,383
Right-of-use asset	4,021,988	4,415,859
Other assets	2,165,301	1,890,780
Total Assets	64,532,850	83,916,996
Current Liabilities
Accounts payable	41,091,115	29,671,272
Accrued expenses	4,461,713	3,010,914
Lease liability, current maturities	1,247,062	959,630
Short-term loan payable	707,625	973,583
Warrant and preferred investment option liabilities	5,740,899	16,116,273
Total Current Liabilities	53,248,414	50,731,672
Lease liability, net of current maturities	3,013,214	3,477,380
Total Liabilities	56,261,628	54,209,052
Stockholders' Equity
Common stock	3,691	1,408
Additional paid-in capital	181,469,690	174,659,589
Accumulated deficit	(173,202,159)	(144,953,053)
Total Stockholders' Equity	8,271,222	29,707,944
Total Liabilities and Stockholders' Equity	64,532,850	83,916,996
Series C Preferred Stock [Member]
Stockholders' Equity
Preferred Stock	0	0
Series D Preferred Stock [Member]
Stockholders' Equity
Preferred Stock	0	0
Series E Preferred Stock [Member]
Stockholders' Equity
Preferred Stock	0	0
Series F Preferred Stock [Member]
Stockholders' Equity
Preferred Stock	0	0
Series G Preferred Stock [Member]
Stockholders' Equity
Preferred Stock	$ 0	$ 0

About Toughbuilt Industries Inc

ToughBuilt Industries, Inc. engages in design, development, manufacture, and distribution of home improvement and construction products for the building industry in the United States and internationally. It offers tool pouches, tool rigs, tool belts and accessories, tools bags, totes, various storage solutions, and office organizers/bags for laptop/tablet/cellphones, etc.; and kneepads. The company also provides sawhorses, miter saws, table saws, roller stands, and workbenches; sawhorse/jobsite tables; and digital measures, including lasers and levels. It offers its products under the TOUGHBUILT brand through various home improvement big box stores, professional outlets, and direct marketing to construction companies and professional and trade/wholesale outlets. The company was formerly known as Phalanx, Inc. and changed its name to ToughBuilt Industries, Inc. in December 2015. ToughBuilt Industries, Inc. was incorporated in 2012 and is headquartered in Lake Forest, California.

CEO	Mr. Michael Panosian
WEBSITE	https://toughbuilt.com
INDUSTRY	Communication Equipment
EMPLOYEES	259

Toughbuilt Industries Inc Frequently Asked Questions

What is the ticker symbol for Toughbuilt Industries Inc? What does TBLT stand for in stocks?

TBLT is the stock ticker symbol of Toughbuilt Industries Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Toughbuilt Industries Inc (TBLT)?

As of Fri Apr 19 2024, market cap of Toughbuilt Industries Inc is 82.69 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of TBLT stock?

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

What is the fair value of TBLT stock?

You can check TBLT's fair value in chart for subscribers. The fair value of Toughbuilt Industries Inc 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 Toughbuilt Industries Inc 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 TBLT 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 Toughbuilt Industries Inc a good stock to buy?

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

What is Toughbuilt Industries Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Fri Apr 19 2024, TBLT's PE ratio (Price to Earnings) is -1.55 and Price to Sales (PS) ratio is 0.89. 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. TBLT PE ratio will change depending on the future growth rate expectations of investors.