Griffon Financials

GFF Stock  USD 75.72  2.77  3.53%   
Based on the analysis of Griffon's profitability, liquidity, and operating efficiency, Griffon is doing better financially today then in previous quarter. It has a moderate probability of reporting better financial numbers in January. At this time, Griffon's Total Stockholder Equity is most likely to decrease significantly in the upcoming years. The Griffon's current Net Debt is estimated to increase to about 1.7 B, while Total Current Liabilities is projected to decrease to roughly 243.4 M. Key indicators impacting Griffon's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Debt Equity Ratio7.286.9316
Sufficiently Up
Slightly volatile
Operating Income418.2 M398.3 M
Sufficiently Up
Slightly volatile
Current Ratio1.962.6633
Way Down
Pretty Stable
The financial analysis of Griffon is a critical element in measuring its lifeblood. Investors should not minimize Griffon's ability to pay suppliers or employees on time, ensuring interest payments are not accumulating.

Cash And Equivalents

133.46 Million

  
Understanding current and past Griffon Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Griffon's financial statements are interrelated, with each one affecting the others. For example, an increase in Griffon's assets may result in an increase in income on the income statement.

Griffon Earnings Geography

Griffon Stock Summary

Griffon competes with Steel Partners, Brookfield Business, Tejon Ranch, Compass Diversified, and Steel Partners. Griffon Corporation, through its subsidiaries, provides consumer and professional, and home and building products in the United States, Europe, Canada, Australia, and internationally. Griffon Corporation was founded in 1959 and is headquartered in New York, New York. Griffon Corp operates under Conglomerates classification in the United States and is traded on New York Stock Exchange. It employs 6700 people.
Foreign Associate
  Germany
Specialization
Industrials, Capital Goods
InstrumentUSA Stock View All
ExchangeNew York Stock Exchange
ISINUS3984331021
CUSIP398433102
LocationNew York; U.S.A
Business Address712 Fifth Avenue,
SectorBuilding Products
IndustryIndustrials
BenchmarkDow Jones Industrial
Websitewww.griffon.com
Phone212 957 5000
CurrencyUSD - US Dollar

Griffon Key Financial Ratios

Griffon Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets2.5B2.6B2.8B2.4B2.4B1.2B
Other Current Liab215.0M188.1M130.2M128.7M133.9M140.6M
Net Debt996.8M946.2M1.6B1.5B1.6B1.7B
Retained Earnings607.5M670.0M344.1M281.5M461.4M318.6M
Cash218.1M248.7M120.2M102.9M114.4M92.5M
Net Receivables278.4M294.8M361.7M312.4M312.8M207.4M
Inventory413.8M472.8M669.2M507.1M425.5M219.6M
Other Current Assets289.3M352.4M126.1M58.1M76.8M60.8M
Total Liab1.8B1.8B2.3B2.1B2.1B2.3B
Total Current Assets1.1B1.4B1.2B980.6M929.5M615.4M
Short Term Debt39.6M72.2M76.0M42.3M78.3M82.2M
Intangible Assets355.0M350.0M761.9M635.2M618.8M649.7M
Accounts Payable172.5M260.0M194.8M116.6M119.4M127.7M
Common Stock20.7M20.9M21.1M21.2M24.4M25.6M
Other Liab133.5M113.4M194.9M137.4M158.0M106.7M
Other Assets39.3M25.0M26.1M26.0M29.9M36.4M
Long Term Debt1.0B1.0B1.6B1.5B1.5B1.6B
Good Will442.6M426.1M335.8M327.9M329.4M312.9M
Treasury Stock(536.3M)(413.5M)(416.9M)(420.1M)(378.1M)(397.0M)
Net Tangible Assets(97.5M)31.0M(620.1M)(647.9M)(583.1M)(553.9M)
Long Term Debt Total1.1B1.0B1.0B1.6B1.8B1.0B
Capital Surpluse519.0M583.0M602.2M628.0M722.2M579.8M

Griffon Key Income Statement Accounts

201920202021202220232024 (projected)
Interest Expense66.5M63.2M84.4M101.4M104.1M98.9M
Total Revenue2.4B2.3B2.8B2.7B2.6B1.4B
Gross Profit641.4M641.1M936.9M1.0B1.0B1.1B
Operating Income155.0M170.6M335.1M196.9M398.3M418.2M
Ebit167.5M192.9M(186.5M)397.7M400.7M420.8M
Ebitda219.6M245.2M(121.8M)463.1M461.4M484.5M
Cost Of Revenue1.8B1.6B1.9B1.7B1.6B1.1B
Income Before Tax82.8M111.2M(270.9M)112.7M296.7M311.5M
Net Income53.4M79.2M(287.7M)77.6M209.9M220.4M
Income Tax Expense29.3M39.9M16.8M35.1M86.8M91.1M
Tax Provision29.3M39.9M16.8M35.1M86.8M91.1M
Interest Income65.8M62.7M215K2.1M2.4M2.3M
Extraordinary Items(8.3M)11.0M8.0M96.2M110.6M116.1M
Net Interest Income(65.8M)(62.7M)(84.2M)(99.4M)(101.7M)(106.7M)

Griffon Key Cash Accounts

201920202021202220232024 (projected)
Change To Inventory34.1M(150.9M)(106.8M)129.2M73.6M77.3M
Change In Cash145.7M30.6M(128.5M)(17.3M)11.5M12.1M
Free Cash Flow85.0M74.8M27.0M365.2M308.9M324.3M
Depreciation62.4M52.3M64.7M65.4M60.7M42.5M
Other Non Cash Items14.3M50.8M546.7M158.1M30.7M32.3M
Dividends Paid14.5M17.1M126.7M133.8M(35.8M)(34.0M)
Capital Expenditures49.0M37.0M42.5M63.6M68.4M47.8M
Net Income53.4M71.2M(287.7M)77.6M209.9M220.4M
End Period Cash Flow218.1M248.7M120.2M102.9M114.4M100.3M
Net Borrowings1.2B(6.9M)547.7M(99.2M)(114.1M)(108.4M)
Change To Netincome30.3M74.0M423.2M157.2M180.8M189.9M
Investments(130K)(17.2M)(585.9M)(45.2M)(65.0M)(68.2M)

Griffon Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Griffon's current stock value. Our valuation model uses many indicators to compare Griffon value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Griffon competition to find correlations between indicators driving Griffon's intrinsic value. More Info.
Griffon is one of the top stocks in return on equity category among its peers. It also is one of the top stocks in return on asset category among its peers reporting about  0.15  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Griffon is roughly  6.60 . At this time, Griffon's Return On Equity is most likely to increase slightly in the upcoming years. Comparative valuation analysis is a catch-all technique that is used if you cannot value Griffon by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

Griffon Systematic Risk

Griffon's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Griffon volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The function did not generate any output. Please change time horizon or modify your input parameters. The output start index for this execution was one with a total number of output elements of sixty. The Beta measures systematic risk based on how returns on Griffon correlated with the market. If Beta is less than 0 Griffon generally moves in the opposite direction as compared to the market. If Griffon Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Griffon is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Griffon is generally in the same direction as the market. If Beta > 1 Griffon moves generally in the same direction as, but more than the movement of the benchmark.

Griffon Thematic Clasifications

Griffon is part of several thematic ideas from Farming to Heavy Metals. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Get More Thematic Ideas
Today, most investors in Griffon Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Griffon's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Griffon growth as a starting point in their analysis.

Price Earnings To Growth Ratio

0.14

At this time, Griffon's Price Earnings To Growth Ratio is most likely to drop slightly in the upcoming years.

Griffon December 17, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Griffon help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Griffon. We use our internally-developed statistical techniques to arrive at the intrinsic value of Griffon based on widely used predictive technical indicators. In general, we focus on analyzing Griffon Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Griffon's daily price indicators and compare them against related drivers.

Complementary Tools for Griffon Stock analysis

When running Griffon's price analysis, check to measure Griffon's 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 Griffon is operating at the current time. Most of Griffon's value examination focuses on studying past and present price action to predict the probability of Griffon's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Griffon's price. Additionally, you may evaluate how the addition of Griffon to your portfolios can decrease your overall portfolio volatility.
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