TUP  Tupperware Corporation

Exchange

NYSE

Sector

Consumer Non-Durables

Industry

Plastic Products

Market Cap.

2.96B

Vuru Grade

83.92/100

Current Price

$58.40
-0.39 (-0.66%)

Growth Price

$35.61
Overvalued by 39.02%

Stability Price

$90.59
Undervalued by 55.12%

Company Metrics

  • P/E 13.24
  • P/S 1.35
  • P/B 13.38
  • EPS 4.41
  • Cash ROIC 21.60%
  • Cash Ratio 0.13
  • Dividend 2.72 / 4.63 %
  • Avg. Vol. 685,856.00
  • Shares 50.68M
  • Market Cap. 2.96B

Company Description

Tupperware Brands Corporation operates as a direct seller of various products across a range of brands and categories through an independent sales force. The company engages in the manufacture and sale of kitchen and home products, and beauty and personal care products. It offers preparation, storage, and serving solutions for the kitchen and home, as well as kitchen cookware and tools, children's... more


Download 10 Years of Financial Statements:
Income Statement   Balance Sheet   Cash Flow

News

Tupperware Brands (TUP) Q4 2016 Results - Earnings Call Transcript
Seeking Alpha - Feb 1, 2017
Good morning, ladies and gentlemen. Thank you for standing by, and welcome to the Tupperware Brands Corporation Fourth Quarter 2016 Conference Call.
Tupperware Brands Corporation 10.4% Potential Decrease Now Implied by B. Riley ... - DirectorsTalk Interviews
Tupperware Brands Corporation (TUP) Moves Higher on Volume Spike for January 31 - Equities.com
The Tupperware Brands Corporation (TUP) Stake Decreased by the Strs Ohio
DailyQuint - 8 hours ago
Strs Ohio lowered its stake in Tupperware Brands Corporation (NYSE:TUP) by 40.0% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC).
Tupperware Brands Corporation (TUP) Moves Higher on Volume Spike for February 02
Equities.com - Feb 2, 2017
Tupperware Brands Corporation (TUP) traded on unusually high volume on Feb. 02, as the stock gained 3.73% to close at $60.40.
Tupperware Brands Corporation (TUP) Upgraded to “Hold” at Zacks Investment ... - The Cerbat Gem
Tupperware Brands Corporation (NYSE:TUP) Analyst Estimates - The Independent Republic
Tupperware Brands Corporation (TUP) Ex-Dividend Date Scheduled for December 16 ...
Nasdaq - Dec 15, 2016
Tupperware Brands Corporation ( TUP ) will begin trading ex-dividend on December 16, 2016. A cash dividend payment of $0.68 per share is scheduled to be paid on January 06, 2017.
For 2016, Tupperware's payout for the year sits at $2.72, for a yield of 4.8%. - Seeking Alpha
Tupperware Brands Corp: TUP Stock's Strong Dividend History
Income Investors - Oct 17, 2016
Tupperware Brands Corporation (NYSE:TUP) is one of the most recognized household product companies in the United States. While most people have probably owned a Tupperware product before, many have never considered owning Tupperware stock.
Tupperware Brands Corporation (TUP) Shares Sold by Lipe & Dalton
Sports Perspectives - Feb 7, 2017
Tupperware Brands Corporation logo Lipe & Dalton reduced its position in shares of Tupperware Brands Corporation (NYSE:TUP) by 0.4% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC).
Tupperware Brands Corporation (TUP) to Post Q1 2017 Earnings of $0.94 Per ... - The Cerbat Gem
The Tupperware Brands Corporation (TUP) Lifted to Neutral at B. Riley - DailyQuint
The Tupperware Brands Corporation (TUP) Scheduled to Post Earnings on Wednesday
DailyQuint - Feb 17, 2017
Tupperware Brands Corporation (NYSE:TUP) is set to issue its Q416 quarterly earnings data on Wednesday, February 1st. Analysts expect the company to announce earnings of $1.37 per share and revenue of $617.87 million for the quarter.
Option Trading: Tupperware Brands Corporation (NYSE:TUP) Winning Short Put ... - CML News
20800 Shares in Tupperware Brands Corporation (TUP) Acquired by Zurich ... - Sports Perspectives
Zacks Investment Research Upgrades Tupperware Brands Corporation (TUP) to “Hold”
Sports Perspectives - Feb 3, 2017
Tupperware Brands Corporation (NYSE:TUP) was upgraded by Zacks Investment Research from a “sell” rating to a “hold” rating in a research report issued on Wednesday.
Tupperware Brands Corporation (TUP) Releases FY17 Earnings Guidance - The Cerbat Gem
Tupperware Brands Corporation (TUP) Moves Higher on Volume Spike for January 24
Equities.com - Jan 24, 2017
Tupperware Brands Corporation (TUP) traded on unusually high volume on Jan. 24, as the stock gained 2.34% to close at $57.67.
Heavy Volume Consumer Stocks: Foot Locker, Inc. (NYSE:FL), Tupperware Brands ... - TWN
KeyCorp Weighs in on Tupperware Brands Corporation's Q1 2017 Earnings (TUP)
Sports Perspectives - Feb 11, 2017
Tupperware Brands Corporation logo Tupperware Brands Corporation (NYSE:TUP) - Stock analysts at KeyCorp increased their Q1 2017 EPS estimates for Tupperware Brands Corporation in a research report issued on Thursday. KeyCorp analyst J. Gere ...
Growth Rate Assumed by Market

We did a reverse valuation to calculate the growth rate the market is assuming for TUP to be considered fairly valued at its current market price. It's useful to compare this to the growth rate we're assuming for the Growth Price.

Future Free Cash Flow Growth Rate

This is the annual growth rate we've applied to calculate TUP's Free Cash Flow for the next 10 years. To calculate it, we looked at several time periods of the last 10 years. Feel free to adjust it, but we limit the initial growth rate to 20% and slow it down over the years. Otherwise, long-term sustainability issues come into play.

Discount Rate

The discount rate is the annual rate of return an investor requires to take the risk of investing in a single stock. To account for that risk, this should be above 8-10%, as this is the avg. annual rate of return for the S&P500 over the past 100 years.

$58.40 Current Price

$35.61 Growth Price (DCF)

Overvalued by 39.02%


Growth Rate Assumed by Market: 23.76%


Future Free Cash Flow Growth Rate: 11.0%


Discount Rate: 15.0%


Show Free Cash Flow numbers

$90.59 Stability Price (EPV)

Undervalued by 55.12%


Discount Rate: 15.0%

$28.30 Book Price

Overvalued by 51.55%


Excellent Cash Return on Invested Capital over the past 5 years

TUP has efficiently invested its financial resources in buildings, projects, and equipment, resulting in strong returns. Annual Reports can be useful in identifying the cause of one-time events and future sustainability.

TUP has created $21.60 of cash for every $100 invested.
Figures in USD. Fiscal year ends in December
20112012201320142015
Free Cash Flow 200.80M 223.10M 254.50M 212.70M 164.60M
divided by
Invested Capital 1.03B 1.01B 979.10M 958.70M 904.40M
Cash ROIC 19.48% 22.14% 25.99% 22.19% 18.20%

Varying Return on Equity over the past 5 years

TUP has generated strong profits with money shareholders have invested. However, there is a substantial variation in their Return on Equity from year-to-year. This may reflect management's inability to generate consistent returns or may be caused by one-time events. Look at reasons for this inconsistency to determine the likelihood of future sustainability.

TUP has generated $84.62 of Earnings for every $100 of Shareholders' Equity.
Figures in USD. Fiscal year ends in December
20112012201320142015
Net Income 218.30M 193.00M 274.20M 214.40M 185.80M
divided by
Stockholders' Equity 500.80M 479.10M 252.90M 185.80M 161.00M
Return on Equity 43.59% 40.28% 108.42% 115.39% 115.40%

Excellent Business Performance over the past 10 years

TUP has been able to maintain profitability in good times and bad. This could mean TUP has an extremely strong business or has the ability to scale down costs when needed. This should be a fairly resilient business, but double check for future sustainability by looking at its Risk Factors in the Annual Report.

TUP has created positive free cash flow for 9 or more of the past 10 years.
Figures in USD. Fiscal year ends in December
2006200720082009201020112012201320142015
Free Cash Flow 120.70M 127.10M 76.60M 204.50M 243.40M 200.80M 223.10M 254.50M 212.70M 164.60M

Weak Balance Sheet

TUP's financial position is not ideal. The key is to check whether TUP is using debt to fuel its growth and the sustainability of that tendency. Highly capital intensive businesses (see Economic Moat) follow this route, which can deeply impact the future prospects of the business.
Figures in USD. Fiscal year ends in December
2006200720082009201020112012201320142015
Cash 102.20M 102.70M 124.80M 112.40M 248.70M 138.20M 119.80M 127.30M 77.00M 79.80M
Current Assets 586.60M 699.50M 703.80M 696.80M 849.20M 769.40M 766.50M 779.00M 753.60M 550.50M
Total Assets 1.71B 1.87B 1.82B 1.80B 2.02B 1.84B 1.82B 1.84B 1.78B 1.60B
Current Liabilities 381.60M 450.30M 451.50M 460.50M 500.40M 675.40M 694.50M 737.50M 747.40M 614.00M
Total Liabilities 1.31B 1.35B 1.34B 1.16B 1.23B 1.34B 1.34B 1.59B 1.60B 1.44B
Stockholder' Equity 400.50M 522.70M 474.00M 637.70M 789.80M 500.80M 479.10M 252.90M 185.80M 161.00M
Current Ratio 1.54 1.55 1.56 1.51 1.70 1.14 1.10 1.06 1.01 0.90
TL-to-TA 0.77 0.72 0.74 0.64 0.61 0.73 0.74 0.86 0.90 0.90

Consistent Reinvestment of Profits over the past 10 years

TUP has consistently retained profits. This may put TUP in a strong position to invest for the future, by buying new machinery, investing in R&D or a number of other options. By effectively using these earnings, TUP can greatly improve their long-term economic picture.
Figures in USD. Fiscal year ends in December
2006200720082009201020112012201320142015
Retained Earnings 613.90M 657.80M 743.20M 836.10M 969.20M 1.09B 1.17B 1.29B 1.35B 1.37B
Retained Earnings Growth - 7.15% 12.98% 12.50% 15.92% 12.64% 7.39% 9.96% 4.58% 1.71%

Competitive Industry over the past 10 years

TUP is likely operating in an industry with medium to low barriers to entry. This may mean that TUP doesn't have a characteristic that's hard to replicate, such as exclusive distribution, branding or the ability to keep costs low. If Gross Margins are at least satisfactory, it's likely that TUP invests heavily in R&D and Sales, General & Administrative expenses.

Only $7.93 of every $100 of Revenue have been profit, on average over the past 10 years.
Figures in USD. Fiscal year ends in December
2006200720082009201020112012201320142015
Net Income 94.20M 116.90M 161.40M 175.10M 225.60M 218.30M 193.00M 274.20M 214.40M 185.80M
divided by
Revenue 1.74B 1.98B 2.16B 2.13B 2.30B 2.59B 2.58B 2.67B 2.61B 2.28B
Net Profit Margin 5.40% 5.90% 7.47% 8.23% 9.81% 8.44% 7.47% 10.26% 8.23% 8.14%

Strong Pricing Power over the past 10 years

TUP has maintained substantial gross margins, suggesting that they have been able to set prices without consideration of the cost of goods sold. This potentially leaves flexibility in inflationary environments to raise prices on consumers and maintain profitability.

$69.42 of every $100 worth of sales have been Gross Profit, on average over the past 10 years.
Figures in USD. Fiscal year ends in December
2006200720082009201020112012201320142015
Gross Profit 1.13B 1.29B 1.40B 1.41B 1.53B 2.59B 1.73B 1.78B 1.72B 1.54B
divided by
Revenue 1.74B 1.98B 2.16B 2.13B 2.30B 2.59B 2.58B 2.67B 2.61B 2.28B
Gross Margin 64.73% 64.90% 64.65% 66.23% 66.69% 100.00% 66.86% 66.69% 66.08% 67.41%

Medium Capital Intensity over the past 10 years

TUP has used a reasonable amount of their financial resources to invest in facilities and equipment required to produce its goods and services. This isn't perfect, but it shouldn't be an area of concern unless this number is strongly trending upwards.

34.68% of Profits are being spent on Capital Expenditures, like Property, Plant, & Equipment, required to run the business.
Figures in USD. Fiscal year ends in December
2006200720082009201020112012201320142015
Capital Expenditure 52.10M 50.30M 54.40M 46.40M 56.10M 73.90M 75.60M 69.00M 69.40M 61.10M
divided by
Net Income 94.20M 116.90M 161.40M 175.10M 225.60M 218.30M 193.00M 274.20M 214.40M 185.80M
Capital Expenditure Ratio 55.31% 43.03% 33.71% 26.50% 24.87% 33.85% 39.17% 25.16% 32.37% 32.88%

Very Strong Dividend History over the past 10 years

TUP has consistently distributed a dividend for at least the past 10 years. Such a long dividend history suggests TUP is very established in its market and that its dividend distribution is likely to continue for a significant period of time.
Figures in USD. Fiscal year ends in December
2006200720082009201020112012201320142015
Dividend Paid 53.30M 53.80M 54.40M 55.00M 63.20M 73.80M 77.60M 116.80M 133.50M 138.00M
divided by
Shares Outstanding 61.17M 62.51M 63.10M 63.40M 63.80M 61.40M 56.40M 53.10M 51.00M 50.40M
Dividend Paid Per Share 0.87 0.86 0.86 0.87 0.99 1.20 1.38 2.20 2.62 2.74
Price at Year End 19.58 29.51 20.15 45.62 47.17 55.97 62.67 95.54 63.84 55.78
Dividend Yield 4.45% 2.92% 4.28% 1.90% 2.10% 2.15% 2.20% 2.30% 4.10% 4.91%

History of Stock Buybacks over the past 10 years

TUP has some history of delivering increased value for shareholders in the form of stock buybacks. These have helped improve financial metrics and increase each shareholders' relative ownership stake in the company, due to fewer shares outstanding and holding the same number of shares.
Figures in USD. Fiscal year ends in December
2006200720082009201020112012201320142015
Shares Outstanding 61.17M 62.51M 63.10M 63.40M 63.80M 61.40M 56.40M 53.10M 51.00M 50.40M
Stock Bought Back - -2.15% -0.93% -0.47% -0.63% 3.91% 8.87% 6.21% 4.12% 1.19%
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