Steel Partners Holdings (SPLP) AI Stock Analysis

• Market Cap: $924.97M
• Dividend Yield: N/A
• Average Volume (3M): 1.81K
• Price to Earnings (P/E): 4.9
• Beta (1Y): -0.30
• Revenue Growth: 5.04%
• EPS Growth: 7.61%
• Country: US
• Employees: 5,200
• Sector: Industrials
• Sector Strength: 72
• Industry: Conglomerates
• EPS (TTM): 3.43
• Shares Outstanding: 19,150,620
• 10 Day Avg. Volume: 680
• 30 Day Avg. Volume: 1,807
• PEG Ratio: 0.04
• Price to Book (P/B): 0.75
• Price to Sales (P/S): 0.42
• P/FCF Ratio: 2.85
• Enterprise Value/Market Cap: 0.00
• Enterprise Value/Revenue: 0.00
• Enterprise Value/Gross Profit: 0.00
• Enterprise Value/Ebitda: 0.00
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 74 Outperform
• Price Target: $47.00 ▲(12.57% Upside)

Steel Partners Holdings' strong financial performance and attractive valuation are the primary drivers of its score. While technical indicators show a neutral trend, the stock's low P/E ratio suggests it may be undervalued, providing potential upside. However, concerns about operational efficiency and cash flow generation could pose risks to sustained growth.

Positive Factors

Revenue Growth

The significant revenue growth reflects effective business strategies and market expansion, supporting long-term financial health and competitiveness.

Balance Sheet Strength

A low debt-to-equity ratio indicates prudent financial management, providing stability and flexibility for future investments and growth.

Profitability

Strong profit margins suggest efficient operations and pricing power, which are crucial for sustaining long-term profitability and shareholder value.

Negative Factors

Operational Efficiency

Declining margins indicate potential inefficiencies or cost pressures, which could hinder profitability and require strategic adjustments.

Cash Flow Challenges

A decline in free cash flow growth may limit the company's ability to fund operations and investments, impacting long-term growth prospects.

Cash Generation

Low cash conversion from operations suggests potential challenges in liquidity management, which could affect financial flexibility.

Steel Partners Holdings Business Overview & Revenue Model

Company Description

Steel Partners Holdings L.P., through 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.

How the Company Makes Money

Steel Partners Holdings generates revenue through multiple key streams, primarily from its subsidiaries in the industrial and manufacturing sectors. The company earns money by providing a broad array of metal products and services, including manufacturing and fabrication, which cater to diverse industries such as aerospace, automotive, and construction. Additionally, Steel Partners benefits from supply chain management services that enhance operational efficiencies for its clients. The company also derives income from investments in public and private companies, leveraging its expertise in strategic management and operational improvements. Significant partnerships with other firms further bolster revenue by creating opportunities for joint ventures and collaborative projects, allowing Steel Partners to expand its market reach and enhance profitability.

Steel Partners Holdings Financial Statement Overview

Summary

Steel Partners Holdings shows strong revenue growth and profitability with a solid balance sheet and low leverage. However, there are concerns about operational efficiency and cash flow generation, which could impact long-term growth.

Income Statement

Steel Partners Holdings has demonstrated strong revenue growth with a TTM increase of 89.5%, indicating robust expansion. The gross profit margin remains healthy at 42.9%, and the net profit margin is solid at 10.5%. However, there is a slight decline in EBIT and EBITDA margins compared to previous periods, suggesting some pressure on operational efficiency.

Balance Sheet

The company's balance sheet shows a strong equity position with a low debt-to-equity ratio of 0.11, indicating prudent financial management. Return on equity is healthy at 18.9%, reflecting effective use of shareholder funds. However, the equity ratio is moderate, suggesting room for improvement in asset financing.

Cash Flow

Operating cash flow remains positive, but there is a decline in free cash flow growth, which decreased by 15% in the TTM. The free cash flow to net income ratio is strong at 0.81, indicating good cash conversion, but the operating cash flow to net income ratio is relatively low, suggesting potential challenges in cash generation from operations.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	2.09B	2.03B	1.91B	1.70B	1.52B	1.31B
Gross Profit	903.90M	875.49M	670.18M	576.30M	508.25M	439.04M
EBITDA	426.81M	379.91M	236.17M	349.90M	283.64M	191.64M
Net Income	251.66M	261.56M	150.83M	205.97M	131.41M	72.67M
Balance Sheet
Total Assets	3.86B	3.58B	3.99B	3.24B	2.68B	3.93B
Cash, Cash Equivalents and Short-Term Investments	460.47M	404.44M	577.93M	234.45M	325.36M	135.89M
Total Debt	119.26M	174.35M	445.64M	422.73M	795.68M	2.45B
Total Liabilities	2.53B	2.41B	2.99B	2.43B	2.01B	3.40B
Stockholders Equity	0.00	1.13B	958.63M	801.46M	663.34M	534.66M
Cash Flow
Free Cash Flow	111.73M	298.32M	-30.23M	-257.77M	25.45M	300.86M
Operating Cash Flow	145.32M	363.28M	21.22M	-210.23M	77.77M	324.09M
Investing Cash Flow	-30.47M	111.16M	-142.20M	-176.56M	1.52B	-1.90B
Financing Cash Flow	-42.51M	-646.31M	464.56M	297.17M	-1.40B	1.57B

Steel Partners Holdings Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 41.75
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Negative
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SPLP, the sentiment is Positive. The current price of 41.75 is below the 20-day moving average (MA) of 42.38, below the 50-day MA of 42.08, and above the 200-day MA of 40.69, indicating a bullish trend. The MACD of 0.58 indicates Negative momentum. The RSI at 72.86 is Negative, neither overbought nor oversold. The STOCH value of 82.19 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for SPLP.

Steel Partners Holdings Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
IRS	77 Outperform	$1.26B	2.82	32.84%	9.09%	2.00%	―
SPLP	74 Outperform	$924.97M	4.88	18.71%	―	5.04%	7.61%
SEB	73 Outperform	$4.24B	10.77	8.36%	0.20%	10.31%	―
CRESY	68 Neutral	$790.25M	4.09	20.18%	10.05%	-11.13%	―
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%
MATW	56 Neutral	$817.01M	-33.17	-5.33%	3.79%	-16.60%	58.86%
CODI	53 Neutral	$386.71M	-1.26	―	19.46%	-13.16%	-163.23%

Steel Partners Holdings Corporate Events

Steel Partners Holdings Reports Mixed Earnings for 2025

Steel Partners Holdings L.P. is a diversified global holding company that operates in various sectors including industrial products, energy, financial services, and supply chain management. The company recently released its latest earnings report, highlighting a stable financial performance despite some challenges.