Spectrum Brands Holdings Stock Beta

Spectrum Brands Holdings fundamentals help investors to digest information that contributes to Spectrum Brands' financial success or failures. It also enables traders to predict the movement of Spectrum Stock. The fundamental analysis module provides a way to measure Spectrum Brands' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Spectrum Brands stock.

Short Long Term Debt Total Total Assets

This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Spectrum Brands Holdings Company Beta Analysis

Spectrum Brands' Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.

Beta

Covariance

Variance

More About Beta | All Equity Analysis

Current Spectrum Brands Beta

1.18

Most of Spectrum Brands' fundamental indicators, such as Beta, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Spectrum Brands Holdings is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Spectrum Beta Driver Correlations

Understanding the fundamental principles of building solid financial models for Spectrum Brands is extremely important. It helps to project a fair market value of Spectrum Stock properly, considering its historical fundamentals such as Beta. Since Spectrum Brands' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Spectrum Brands' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Spectrum Brands' interrelated accounts and indicators.

	Total Assets	Total Stockholder Equity	Net Debt	Retained Earnings	Net Receivables	Total Liab	Total Current Assets	Short Term Debt	Accounts Payable	Intangible Assets	Short Term Investments	Common Stock	Long Term Debt	Treasury Stock	Property Plant Equipment	Net Tangible Assets	Current Deferred Revenue	Good Will	Long Term Debt Total	Capital Surpluse	Deferred Long Term Liab	Long Term Investments	Short Long Term Debt	Cash And Equivalents	Net Invested Capital	Net Working Capital	Capital Stock
Total Assets		-0.49	0.72	-0.67	0.46	1.0	0.82	0.66	0.37	0.78	0.6	0.98	0.14	0.36	0.7	-0.56	-0.32	0.77	-0.07	-0.56	0.71	0.45	0.66	0.15	0.74	-0.65	0.25
Total Stockholder Equity	-0.49		-0.56	0.9	-0.08	-0.54	-0.35	-0.47	0.12	-0.22	-0.22	-0.44	-0.08	-0.52	-0.22	0.63	0.14	-0.5	0.09	0.57	-0.58	-0.43	-0.59	-0.36	-0.73	0.69	-0.72
Net Debt	0.72	-0.56		-0.73	0.36	0.73	0.53	0.6	0.57	0.62	0.18	0.71	0.42	0.66	0.68	-0.57	-0.45	0.9	0.17	-0.09	0.37	0.05	0.41	0.12	0.54	-0.32	0.34
Retained Earnings	-0.67	0.9	-0.73		-0.18	-0.71	-0.51	-0.62	-0.18	-0.46	-0.33	-0.62	-0.26	-0.5	-0.41	0.69	0.13	-0.66	0.03	0.47	-0.57	-0.37	-0.66	-0.47	-0.75	0.71	-0.72
Net Receivables	0.46	-0.08	0.36	-0.18		0.44	-0.1	0.45	0.48	0.41	-0.02	0.45	0.33	0.19	0.23	-0.45	-0.17	0.54	0.3	-0.01	0.41	-0.17	0.31	0.13	0.14	-0.17	-0.07
Total Liab	1.0	-0.54	0.73	-0.71	0.44		0.82	0.67	0.35	0.76	0.6	0.98	0.14	0.37	0.69	-0.58	-0.31	0.77	-0.07	-0.57	0.73	0.46	0.67	0.17	0.76	-0.67	0.31
Total Current Assets	0.82	-0.35	0.53	-0.51	-0.1	0.82		0.42	0.16	0.62	0.68	0.81	-0.04	0.2	0.66	-0.24	-0.25	0.5	-0.24	-0.54	0.46	0.54	0.48	0.01	0.64	-0.54	0.21
Short Term Debt	0.66	-0.47	0.6	-0.62	0.45	0.67	0.42		0.19	0.37	0.06	0.63	0.34	0.61	0.54	-0.32	0.14	0.7	0.2	-0.31	0.36	0.03	0.9	0.33	0.47	-0.63	0.31
Accounts Payable	0.37	0.12	0.57	-0.18	0.48	0.35	0.16	0.19		0.75	0.25	0.38	0.18	0.21	0.64	-0.49	-0.22	0.59	-0.07	0.35	0.17	-0.14	-0.14	0.2	-0.04	0.07	-0.05
Intangible Assets	0.78	-0.22	0.62	-0.46	0.41	0.76	0.62	0.37	0.75		0.75	0.79	-0.14	0.29	0.8	-0.73	-0.25	0.7	-0.41	-0.27	0.68	0.46	0.22	0.31	0.45	-0.44	0.09
Short Term Investments	0.6	-0.22	0.18	-0.33	-0.02	0.6	0.68	0.06	0.25	0.75		0.62	-0.58	0.02	0.58	-0.57	-0.13	0.2	-0.75	-0.57	0.76	0.88	0.14	0.27	0.55	-0.5	0.18
Common Stock	0.98	-0.44	0.71	-0.62	0.45	0.98	0.81	0.63	0.38	0.79	0.62		0.08	0.36	0.7	-0.55	-0.32	0.77	-0.11	-0.51	0.72	0.46	0.62	0.13	0.69	-0.64	0.18
Long Term Debt	0.14	-0.08	0.42	-0.26	0.33	0.14	-0.04	0.34	0.18	-0.14	-0.58	0.08		0.02	-0.15	0.2	-0.12	0.34	0.91	0.28	-0.4	-0.7	0.26	-0.12	0.01	0.17	0.09
Treasury Stock	0.36	-0.52	0.66	-0.5	0.19	0.37	0.2	0.61	0.21	0.29	0.02	0.36	0.02		0.59	-0.5	-0.24	0.65	-0.03	-0.18	0.37	0.16	0.44	0.37	0.48	-0.4	0.24
Property Plant Equipment	0.7	-0.22	0.68	-0.41	0.23	0.69	0.66	0.54	0.64	0.8	0.58	0.7	-0.15	0.59		-0.52	-0.31	0.67	-0.36	-0.19	0.5	0.36	0.3	0.17	0.42	-0.35	0.16
Net Tangible Assets	-0.56	0.63	-0.57	0.69	-0.45	-0.58	-0.24	-0.32	-0.49	-0.73	-0.57	-0.55	0.2	-0.5	-0.52		0.19	-0.61	0.41	0.37	-0.83	-0.55	-0.26	-0.57	-0.61	0.53	-0.44
Current Deferred Revenue	-0.32	0.14	-0.45	0.13	-0.17	-0.31	-0.25	0.14	-0.22	-0.25	-0.13	-0.32	-0.12	-0.24	-0.31	0.19		-0.27	-0.08	0.1	-0.19	-0.08	0.23	0.4	-0.28	-0.13	0.09
Good Will	0.77	-0.5	0.9	-0.66	0.54	0.77	0.5	0.7	0.59	0.7	0.2	0.77	0.34	0.65	0.67	-0.61	-0.27		0.14	-0.16	0.46	0.06	0.52	0.27	0.49	-0.49	0.21
Long Term Debt Total	-0.07	0.09	0.17	0.03	0.3	-0.07	-0.24	0.2	-0.07	-0.41	-0.75	-0.11	0.91	-0.03	-0.36	0.41	-0.08	0.14		0.32	-0.51	-0.77	0.17	-0.26	-0.11	0.33	-0.09
Capital Surpluse	-0.56	0.57	-0.09	0.47	-0.01	-0.57	-0.54	-0.31	0.35	-0.27	-0.57	-0.51	0.28	-0.18	-0.19	0.37	0.1	-0.16	0.32		-0.7	-0.75	-0.57	-0.31	-0.79	0.76	-0.21
Deferred Long Term Liab	0.71	-0.58	0.37	-0.57	0.41	0.73	0.46	0.36	0.17	0.68	0.76	0.72	-0.4	0.37	0.5	-0.83	-0.19	0.46	-0.51	-0.7		0.81	0.45	0.42	0.75	-0.71	0.31
Long Term Investments	0.45	-0.43	0.05	-0.37	-0.17	0.46	0.54	0.03	-0.14	0.46	0.88	0.46	-0.7	0.16	0.36	-0.55	-0.08	0.06	-0.77	-0.75	0.81		0.23	0.35	0.67	-0.62	0.26
Short Long Term Debt	0.66	-0.59	0.41	-0.66	0.31	0.67	0.48	0.9	-0.14	0.22	0.14	0.62	0.26	0.44	0.3	-0.26	0.23	0.52	0.17	-0.57	0.45	0.23		0.38	0.63	-0.78	0.37
Cash And Equivalents	0.15	-0.36	0.12	-0.47	0.13	0.17	0.01	0.33	0.2	0.31	0.27	0.13	-0.12	0.37	0.17	-0.57	0.4	0.27	-0.26	-0.31	0.42	0.35	0.38		0.4	-0.6	0.3
Net Invested Capital	0.74	-0.73	0.54	-0.75	0.14	0.76	0.64	0.47	-0.04	0.45	0.55	0.69	0.01	0.48	0.42	-0.61	-0.28	0.49	-0.11	-0.79	0.75	0.67	0.63	0.4		-0.68	0.46
Net Working Capital	-0.65	0.69	-0.32	0.71	-0.17	-0.67	-0.54	-0.63	0.07	-0.44	-0.5	-0.64	0.17	-0.4	-0.35	0.53	-0.13	-0.49	0.33	0.76	-0.71	-0.62	-0.78	-0.6	-0.68		-0.36
Capital Stock	0.25	-0.72	0.34	-0.72	-0.07	0.31	0.21	0.31	-0.05	0.09	0.18	0.18	0.09	0.24	0.16	-0.44	0.09	0.21	-0.09	-0.21	0.31	0.26	0.37	0.3	0.46	-0.36

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In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.

Competition

In accordance with the recently published financial statements, Spectrum Brands Holdings has a Beta of 1.183. This is 3.82% lower than that of the Household Products sector and 3.82% lower than that of the Consumer Staples industry. The beta for all United States stocks is notably lower than that of the firm.

Spectrum Beta Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Spectrum Brands' direct or indirect competition against its Beta to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Spectrum Brands could also be used in its relative valuation, which is a method of valuing Spectrum Brands by comparing valuation metrics of similar companies.

Spectrum Brands is currently under evaluation in beta category among related companies.

As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Spectrum Brands will likely underperform.

Spectrum Fundamentals

	Return On Equity	-0.0995
	Return On Asset	0.0093
	Profit Margin	0.64 %
	Operating Margin	0.04 %
	Current Valuation	2.51 B
	Shares Outstanding	30.27 M
	Shares Owned By Insiders	3.22 %
	Shares Owned By Institutions	96.78 %
	Number Of Shares Shorted	2.08 M
	Price To Earning	10.60 X
	Price To Book	1.05 X
	Price To Sales	0.84 X
	Revenue	2.92 B
	Gross Profit	924.8 M
	EBITDA	59.2 M
	Net Income	1.8 B
	Cash And Equivalents	243.7 M
	Cash Per Share	6.07 X
	Total Debt	1.65 B
	Debt To Equity	2.50 %
	Current Ratio	2.66 X
	Book Value Per Share	74.70 X
	Cash Flow From Operations	(409.7 M)
	Short Ratio	5.09 X
	Earnings Per Share	(4.42) X
	Price To Earnings To Growth	2.02 X
	Target Price	92.88
	Number Of Employees	3.1 K
	Beta	1.18
	Market Capitalization	2.42 B
	Total Asset	5.26 B
	Retained Earnings	2.1 B
	Working Capital	2.16 B
	Current Asset	1.63 B
	Current Liabilities	1.1 B
	Annual Yield	0.02 %
	Five Year Return	1.34 %
	Net Asset	5.26 B
	Last Dividend Paid	1.68

About Spectrum Brands Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Spectrum Brands Holdings's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Spectrum Brands using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Spectrum Brands Holdings based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.

Please read more on our fundamental analysis page.

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When running Spectrum Brands' price analysis, check to measure Spectrum Brands' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Spectrum Brands is operating at the current time. Most of Spectrum Brands' value examination focuses on studying past and present price action to predict the probability of Spectrum Brands' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Spectrum Brands' price. Additionally, you may evaluate how the addition of Spectrum Brands to your portfolios can decrease your overall portfolio volatility.

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