Intrinsic value of Leggett&Platt - LEG

Previous Close

$45.25

  Intrinsic Value

$48.40

stock screener

  Rating & Target

hold

+7%

Previous close

$45.25

 
Intrinsic value

$48.40

 
Up/down potential

+7%

 
Rating

hold

We calculate the intrinsic value of LEG stock by summing up the current values of future distributable cash flows generated by the company and dividing the sum by the number of outstanding shares. As such, the intrinsic value calculation depends entirely on projections. The more accurate your projections of the company's performance are - the more reliable is the intrinsic value calculation result. Please make sure to check the stock valuation input data below and adjust it if necessary. The quality of the output (intrinsic valuation result) is only as good as the quality of the input. See also DISCLAIMERS.

STOCK VALUATION INPUT DATA

Initial revenue growth rate, %
Terminal revenue growth rate, %
Revenue decline factor
Initial discount rate, %
Discount rate multiplier
Shares outstanding, mln

 

FINANCIAL STATEMENTS FORECAST and PRESENT VALUE CALCULATION

Fiscal year
2016(a)
   2017
   2018
   2019
   2020
   2021
   2022
   2023
   2024
   2025
   2026
   2027
   2028
   2029
   2030
   2031
   2032
   2033
   2034
   2035
   2036
   2037
   2038
   2039
   2040
   2041
   2042
   2043
   2044
   2045
   2046

INCOME STATEMENT

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Revenue growth rate, %
  -4.26
  5.20
  5.18
  5.16
  5.15
  5.13
  5.12
  5.11
  5.10
  5.09
  5.08
  5.07
  5.06
  5.06
  5.05
  5.05
  5.04
  5.04
  5.03
  5.03
  5.03
  5.02
  5.02
  5.02
  5.02
  5.02
  5.01
  5.01
  5.01
  5.01
  5.01
Revenue, $m
  3,750
  4,149
  4,364
  4,589
  4,825
  5,073
  5,333
  5,605
  5,891
  6,190
  6,505
  6,834
  7,180
  7,543
  7,924
  8,324
  8,744
  9,184
  9,647
  10,132
  10,641
  11,176
  11,737
  12,326
  12,945
  13,594
  14,276
  14,991
  15,742
  16,531
  17,359
Variable operating expenses, $m
 
  3,609
  3,790
  3,981
  4,181
  4,390
  4,610
  4,840
  5,082
  5,335
  5,601
  5,781
  6,074
  6,381
  6,703
  7,041
  7,396
  7,769
  8,160
  8,570
  9,001
  9,453
  9,928
  10,426
  10,949
  11,499
  12,075
  12,681
  13,316
  13,983
  14,684
Fixed operating expenses, $m
 
  -1
  -1
  -1
  -1
  -1
  -1
  -1
  -1
  -1
  -1
  -1
  -1
  -1
  -1
  -1
  -1
  -1
  -1
  -2
  -2
  -2
  -2
  -2
  -2
  -2
  -2
  -2
  -2
  -2
  -2
Total operating expenses, $m
  3,228
  3,608
  3,789
  3,980
  4,180
  4,389
  4,609
  4,839
  5,081
  5,334
  5,600
  5,780
  6,073
  6,380
  6,702
  7,040
  7,395
  7,768
  8,159
  8,568
  8,999
  9,451
  9,926
  10,424
  10,947
  11,497
  12,073
  12,679
  13,314
  13,981
  14,682
Operating income, $m
  522
  541
  575
  609
  646
  684
  724
  766
  810
  856
  905
  1,055
  1,108
  1,164
  1,223
  1,284
  1,349
  1,417
  1,488
  1,563
  1,642
  1,724
  1,811
  1,901
  1,997
  2,097
  2,202
  2,312
  2,428
  2,550
  2,677
EBITDA, $m
  638
  808
  850
  893
  939
  987
  1,038
  1,091
  1,146
  1,205
  1,266
  1,330
  1,397
  1,468
  1,542
  1,620
  1,701
  1,787
  1,877
  1,971
  2,070
  2,174
  2,284
  2,398
  2,518
  2,645
  2,777
  2,916
  3,063
  3,216
  3,377
Interest expense (income), $m
  38
  68
  74
  81
  88
  96
  104
  112
  121
  131
  140
  150
  161
  172
  184
  196
  209
  223
  237
  252
  268
  284
  301
  319
  339
  359
  379
  402
  425
  449
  474
Earnings before tax, $m
  487
  474
  500
  528
  557
  588
  620
  653
  689
  726
  764
  904
  947
  992
  1,039
  1,088
  1,140
  1,194
  1,251
  1,311
  1,374
  1,440
  1,509
  1,582
  1,658
  1,738
  1,823
  1,911
  2,004
  2,101
  2,203
Tax expense, $m
  120
  128
  135
  143
  150
  159
  167
  176
  186
  196
  206
  244
  256
  268
  280
  294
  308
  322
  338
  354
  371
  389
  407
  427
  448
  469
  492
  516
  541
  567
  595
Net income, $m
  386
  346
  365
  386
  407
  429
  453
  477
  503
  530
  558
  660
  691
  724
  758
  794
  832
  872
  913
  957
  1,003
  1,051
  1,102
  1,155
  1,211
  1,269
  1,330
  1,395
  1,463
  1,534
  1,608

BALANCE SHEET

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Cash and short-term investments, $m
  282
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
Total assets, $m
  2,984
  3,735
  3,928
  4,131
  4,343
  4,566
  4,800
  5,045
  5,302
  5,572
  5,855
  6,151
  6,463
  6,790
  7,133
  7,493
  7,870
  8,267
  8,683
  9,119
  9,578
  10,059
  10,564
  11,095
  11,651
  12,236
  12,849
  13,493
  14,170
  14,880
  15,625
Adjusted assets (=assets-cash), $m
  2,702
  3,735
  3,928
  4,131
  4,343
  4,566
  4,800
  5,045
  5,302
  5,572
  5,855
  6,151
  6,463
  6,790
  7,133
  7,493
  7,870
  8,267
  8,683
  9,119
  9,578
  10,059
  10,564
  11,095
  11,651
  12,236
  12,849
  13,493
  14,170
  14,880
  15,625
Revenue / Adjusted assets
  1.388
  1.111
  1.111
  1.111
  1.111
  1.111
  1.111
  1.111
  1.111
  1.111
  1.111
  1.111
  1.111
  1.111
  1.111
  1.111
  1.111
  1.111
  1.111
  1.111
  1.111
  1.111
  1.111
  1.111
  1.111
  1.111
  1.111
  1.111
  1.111
  1.111
  1.111
Average production assets, $m
  729
  1,672
  1,759
  1,849
  1,945
  2,044
  2,149
  2,259
  2,374
  2,495
  2,621
  2,754
  2,894
  3,040
  3,194
  3,355
  3,524
  3,701
  3,888
  4,083
  4,288
  4,504
  4,730
  4,967
  5,217
  5,478
  5,753
  6,041
  6,344
  6,662
  6,996
Working capital, $m
  618
  149
  157
  165
  174
  183
  192
  202
  212
  223
  234
  246
  258
  272
  285
  300
  315
  331
  347
  365
  383
  402
  423
  444
  466
  489
  514
  540
  567
  595
  625
Total debt, $m
  978
  1,374
  1,503
  1,638
  1,779
  1,927
  2,083
  2,246
  2,417
  2,596
  2,784
  2,982
  3,189
  3,406
  3,634
  3,873
  4,125
  4,388
  4,665
  4,955
  5,260
  5,580
  5,916
  6,269
  6,639
  7,028
  7,436
  7,864
  8,314
  8,786
  9,282
Total liabilities, $m
  1,893
  2,483
  2,612
  2,747
  2,888
  3,037
  3,192
  3,355
  3,526
  3,705
  3,893
  4,091
  4,298
  4,515
  4,743
  4,983
  5,234
  5,497
  5,774
  6,064
  6,369
  6,689
  7,025
  7,378
  7,748
  8,137
  8,545
  8,973
  9,423
  9,895
  10,391
Total equity, $m
  1,092
  1,251
  1,316
  1,384
  1,455
  1,530
  1,608
  1,690
  1,776
  1,867
  1,961
  2,061
  2,165
  2,275
  2,389
  2,510
  2,637
  2,769
  2,909
  3,055
  3,209
  3,370
  3,539
  3,717
  3,903
  4,099
  4,305
  4,520
  4,747
  4,985
  5,234
Total liabilities and equity, $m
  2,985
  3,734
  3,928
  4,131
  4,343
  4,567
  4,800
  5,045
  5,302
  5,572
  5,854
  6,152
  6,463
  6,790
  7,132
  7,493
  7,871
  8,266
  8,683
  9,119
  9,578
  10,059
  10,564
  11,095
  11,651
  12,236
  12,850
  13,493
  14,170
  14,880
  15,625
Debt-to-equity ratio
  0.896
  1.100
  1.140
  1.180
  1.220
  1.260
  1.300
  1.330
  1.360
  1.390
  1.420
  1.450
  1.470
  1.500
  1.520
  1.540
  1.560
  1.580
  1.600
  1.620
  1.640
  1.660
  1.670
  1.690
  1.700
  1.710
  1.730
  1.740
  1.750
  1.760
  1.770
Adjusted equity ratio
  0.306
  0.335
  0.335
  0.335
  0.335
  0.335
  0.335
  0.335
  0.335
  0.335
  0.335
  0.335
  0.335
  0.335
  0.335
  0.335
  0.335
  0.335
  0.335
  0.335
  0.335
  0.335
  0.335
  0.335
  0.335
  0.335
  0.335
  0.335
  0.335
  0.335
  0.335

CASH FLOW

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Net income, $m
  386
  346
  365
  386
  407
  429
  453
  477
  503
  530
  558
  660
  691
  724
  758
  794
  832
  872
  913
  957
  1,003
  1,051
  1,102
  1,155
  1,211
  1,269
  1,330
  1,395
  1,463
  1,534
  1,608
Depreciation, amort., depletion, $m
  116
  266
  275
  284
  294
  304
  314
  325
  336
  349
  361
  275
  289
  304
  319
  335
  352
  370
  389
  408
  429
  450
  473
  497
  522
  548
  575
  604
  634
  666
  700
Funds from operations, $m
  566
  612
  640
  670
  700
  733
  767
  802
  839
  878
  919
  936
  981
  1,028
  1,078
  1,130
  1,185
  1,242
  1,302
  1,365
  1,432
  1,502
  1,575
  1,652
  1,732
  1,817
  1,906
  1,999
  2,097
  2,200
  2,308
Change in working capital, $m
  13
  7
  8
  8
  9
  9
  9
  10
  10
  11
  11
  12
  12
  13
  14
  14
  15
  16
  17
  17
  18
  19
  20
  21
  22
  23
  25
  26
  27
  28
  30
Cash from operations, $m
  553
  605
  632
  661
  692
  724
  757
  792
  829
  868
  908
  924
  968
  1,015
  1,064
  1,115
  1,169
  1,226
  1,286
  1,348
  1,414
  1,482
  1,555
  1,630
  1,710
  1,793
  1,881
  1,973
  2,070
  2,171
  2,278
Maintenance CAPEX, $m
  0
  -159
  -167
  -176
  -185
  -194
  -204
  -215
  -226
  -237
  -249
  -262
  -275
  -289
  -304
  -319
  -335
  -352
  -370
  -389
  -408
  -429
  -450
  -473
  -497
  -522
  -548
  -575
  -604
  -634
  -666
New CAPEX, $m
  -124
  -84
  -87
  -91
  -95
  -100
  -105
  -110
  -115
  -121
  -127
  -133
  -139
  -146
  -154
  -161
  -169
  -177
  -186
  -196
  -205
  -215
  -226
  -237
  -249
  -262
  -275
  -288
  -303
  -318
  -334
Cash from investing activities, $m
  -102
  -243
  -254
  -267
  -280
  -294
  -309
  -325
  -341
  -358
  -376
  -395
  -414
  -435
  -458
  -480
  -504
  -529
  -556
  -585
  -613
  -644
  -676
  -710
  -746
  -784
  -823
  -863
  -907
  -952
  -1,000
Free cash flow, $m
  451
  362
  379
  395
  412
  429
  448
  468
  488
  509
  532
  529
  553
  579
  606
  635
  665
  696
  729
  764
  800
  838
  878
  920
  964
  1,010
  1,059
  1,110
  1,163
  1,219
  1,278
Issuance/(repayment) of debt, $m
  7
  123
  129
  135
  141
  148
  155
  163
  171
  179
  188
  197
  207
  217
  228
  239
  251
  264
  277
  290
  305
  320
  336
  353
  370
  389
  408
  428
  450
  472
  496
Issuance/(repurchase) of shares, $m
  -193
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
Cash from financing (excl. dividends), $m  
  -225
  123
  129
  135
  141
  148
  155
  163
  171
  179
  188
  197
  207
  217
  228
  239
  251
  264
  277
  290
  305
  320
  336
  353
  370
  389
  408
  428
  450
  472
  496
Total cash flow (excl. dividends), $m
  206
  485
  507
  530
  553
  578
  603
  631
  659
  689
  720
  726
  760
  797
  834
  874
  916
  960
  1,006
  1,054
  1,105
  1,158
  1,214
  1,273
  1,334
  1,399
  1,467
  1,538
  1,613
  1,691
  1,774
Retained Cash Flow (-), $m
  -6
  -61
  -65
  -68
  -71
  -75
  -78
  -82
  -86
  -90
  -95
  -99
  -104
  -109
  -115
  -121
  -127
  -133
  -139
  -146
  -154
  -161
  -169
  -178
  -186
  -196
  -206
  -216
  -227
  -238
  -250
Prev. year cash balance distribution, $m
 
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
Cash flow adjustment, $m
 
  35
  37
  39
  41
  43
  46
  48
  50
  53
  56
  59
  62
  65
  68
  71
  75
  79
  83
  87
  91
  96
  101
  106
  111
  117
  122
  128
  135
  142
  149
Cash available for distribution, $m
 
  424
  442
  462
  482
  503
  525
  548
  573
  598
  625
  627
  656
  687
  720
  754
  789
  827
  866
  908
  951
  997
  1,045
  1,095
  1,148
  1,203
  1,261
  1,322
  1,386
  1,453
  1,524
Discount rate, %
 
  4.30
  4.52
  4.74
  4.98
  5.23
  5.49
  5.76
  6.05
  6.35
  6.67
  7.00
  7.35
  7.72
  8.11
  8.51
  8.94
  9.39
  9.86
  10.35
  10.87
  11.41
  11.98
  12.58
  13.21
  13.87
  14.56
  15.29
  16.05
  16.86
  17.70
PV of cash for distribution, $m
 
  406
  405
  402
  397
  390
  381
  371
  358
  344
  328
  298
  280
  261
  242
  221
  201
  180
  160
  140
  121
  103
  87
  72
  58
  47
  37
  28
  21
  16
  11
Current shareholders' claim on cash, %
  100
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0

Leggett & Platt, Incorporated is a manufacturer that conceives, designs and produces a range of engineered components and products found in homes, offices and automobiles. The Company operates in four segments: Residential Furnishings, Commercial Products, Industrial Materials and Specialized Products. Its brands include ComfortCore, Mira-Coil, VertiCoil, Quantum, Nanocoil, Lura-Flex and Active Support Technology, which includes mattress innersprings; Semi-Flex, which includes box spring components and foundations; Spuhl, which includes mattress innerspring manufacturing machines; Wall Hugger, which includes recliner chair mechanisms; Super Sagless, which includes motion and sofa sleeper mechanisms; No-Sag, which includes wire forms used in seating; LPSense, which includes capacitive sensing; Hanes, which includes fabric materials; Schukra, Pullmaflex and Flex-O-Lator, which includes automotive seating products, and Gribetz and Porter, which includes quilting and sewing machines.

FINANCIAL RATIOS  of  Leggett&Platt (LEG)

Valuation Ratios
P/E Ratio 15.6
Price to Sales 1.6
Price to Book 5.5
Price to Tangible Book
Price to Cash Flow 10.9
Price to Free Cash Flow 14.1
Growth Rates
Sales Growth Rate -4.3%
Sales - 3 Yr. Growth Rate %
EPS Growth Rate %
EPS - 3 Yr. Growth Rate %
Capital Spending Gr. Rate 20.4%
Cap. Spend. - 3 Yr. Gr. Rate 8.9%
Financial Strength
Quick Ratio 13
Current Ratio 0.1
LT Debt to Equity 87.5%
Total Debt to Equity 89.6%
Interest Coverage 14
Management Effectiveness
Return On Assets 13.9%
Ret/ On Assets - 3 Yr. Avg. 9.9%
Return On Total Capital 18.8%
Ret/ On T. Cap. - 3 Yr. Avg. 13%
Return On Equity 35.4%
Return On Equity - 3 Yr. Avg. 24.1%
Asset Turnover 1.3
Profitability Ratios
Gross Margin 24%
Gross Margin - 3 Yr. Avg. 22.8%
EBITDA Margin 17.1%
EBITDA Margin - 3 Yr. Avg. 14.9%
Operating Margin 13.9%
Oper. Margin - 3 Yr. Avg. 11.7%
Pre-Tax Margin 13%
Pre-Tax Margin - 3 Yr. Avg. 10.8%
Net Profit Margin 10.3%
Net Profit Margin - 3 Yr. Avg. 7.1%
Effective Tax Rate 24.6%
Eff/ Tax Rate - 3 Yr. Avg. 25.2%
Payout Ratio 45.9%

LEG stock valuation input parameters

Revenue. Company's revenue (or sales) is always the starting point of any cash flow forecast. In the LEG stock intrinsic value calculation we used $3944 million for the last fiscal year's total revenue generated by Leggett&Platt. The default revenue input number comes from 2016 income statement of Leggett&Platt. You may change it if you feel that it should be adjusted for some unusual circumstances that are not expected to be repeated in the future or if you already know (from interim financial statements, for example) that this year's revenue is going to be quite different.

Revenue growth rate. Forecasted future revenue growth rate is the most important input parameter for the intrinsic value calculation. Unlike other input parameters that are reasonably expected to be in line with their historic averages or their historic trends, the revenue growth rate by and large is a wild card: nobody really knows what the company's revenue will be in the future. Of course, the level of unpredictability is different for different industries (utility companies being the most predictable and, thus, less risky).
    We use three input parameters to forecast the revenue growth rate in our LEG stock valuation model: a) initial revenue growth rate of 5.2% whose default value is the revenue growth rate in the most recent quarter compared to the quarterly revenue a year ago; b) terminal revenue growth rate of 5% whose default value is chosen to be close to the average nominal (i.e. not adjusted for inflation) GDP growth rate; and c) revenue decline factor of 0.9, which stipulates that revenue growth rate in each forecasted year will be equal to the difference of the revenue growth rate in the preceding year and the terminal revenue growth rate multiplied by this revenue decline factor (with the passage of time the revenue growth rate will be approaching the terminal revenue growth rate, but not quite reaching it - though the difference could be infinitesimally small).
    At the revenue decline factor of 1, the future revenue growth rate is forecasted to be constant and equal to the initial revenue growth rate. The smaller the revenue decline factor, the faster the revenue growth rate will approach the terminal revenue growth.

Discount rate. The discount rate is used for determining the present value of future cash flows: future cash flows are "discounted" as at normal conditions (that translate into positive expected return on investment) one dollar today is worth more than the same dollar in the future. Unlike all other valuation models, we use variable discount rate, i.e. it increases for each consecutive year. This is done to account for higher risk of cash flows coming in further in the future.
    The initial discount rate of 4.3%, whose default value for LEG is calculated based on our internal credit rating of Leggett&Platt, is applied to the cash flow expected to be received a year from now (well, actually, to be precise, in the financial year following the base year - the last year for which we have financial statements). For each consecutive year the discount rate is multiplied by the discount rate multiplier of 1.05, e.i. each year it increases by 5%. Feel free to change this number to correspond to your level of risk assessment of Leggett&Platt.
    By the way, it is easy to set the discount rate to be constant (this would make comparison with other valuation models easier): just set the discount rate multiplier equal to 1 and chose the magnitude of the initial discount rate to your liking.

Variable cost ratio is the ratio of variable costs (i.e. costs that fluctuate with fluctuation of the volume of production) to the revenue expressed as a percentage. In the calculation of intrinsic value of LEG stock the variable cost ratio is equal to 87.1%.

Fixed operating expenses is just that - expenses that are not dependant on the volume of production. They are set to $-1 million in the base year in the intrinsic value calculation for LEG stock. These expenses increase with the level of inflation in subsequent years.

Interest rate on debt is the average all-in rate of interest paid by the company on its debt. It is set at 5.4% for Leggett&Platt.

Corporate tax rate of 27% is the nominal tax rate for Leggett&Platt. In reality, companies find ways to pay much less taxes than that or not to pay them at all.

Cash flow adjustment could be used for any adjustment the investor deems necessary. Most commonly we use this field to account for stock options-related effects in excess of what is reported on the company's income statement. The cash flow adjustment is expressed as a percentage of the revenue, and in the current valuation of the LEG stock is equal to 0.9%.

Production assets are the company's assets used for manufacturing products or provision of services. In the valuation model input table they are expressed as a percentage of revenue and for LEG are equal to 40.3%.

Life of production assets of 10 years is the average useful life of capital assets used in Leggett&Platt operations. It is used to calculate yearly capital expenditures needed to keep these assets in good order - we call it the maintenance CAPEX.

Working capital is the difference between the company's current assets and liabilities. In the model we use the ratio of working capital to revenue, which for LEG is equal to 3.6%. A negative number means that the company is apt at using financial resources of its suppliers and customers; a large positive number, on the other hand, means that it either provides in-kind financing to others or is not good at managing its inventories.

Book value of equity - $1190 million for Leggett&Platt - is used in calculation of the "floor" for intrinsic valuation based on the discounted cash flow (DCF) method. Even if the prospects are very bad for a company, its assets could always be sold now for their current fair market value.

Shares outstanding of 132 million for Leggett&Platt is needed to calculate the intrinsic value of one share.

Market capitalization is used here only for reference purposes and as a quick check that the share price and the number of shares outstanding numbers are correct - something especially to be cognizant about at stock splits. So, the market capitalization of Leggett&Platt at the current share price and the inputted number of shares is $6.0 billion.

RELATED COMPANIES Price Int.Val. Rating
FLXS Flexsteel Indu 38.08 27.24  sell
LZB La-Z-Boy 29.95 3.84  str.sell
MLHR Herman Miller 38.30 37.57  hold
HOFT Hooker Furnitu 48.75 341.79  str.buy
NTZ Natuzzi ADR 1.58 0.71  str.sell
NVFY Nova Lifestyle 1.83 21.37  str.buy
KNL Knoll Inc. 21.61 30.97  str.buy
SCS Steelcase 13.80 13.75  hold

COMPANY NEWS

▶ Leggett & Platt Announces 2Q 2018 Earnings Call   [Jul-13-18 09:24AM  GlobeNewswire]
▶ Best-In-Class Dividend Stocks   [Jun-11-18 09:02AM  Simply Wall St.]
▶ Top NYSE Dividend Paying Companies   [May-10-18 09:02AM  Simply Wall St.]
▶ Legget & Platt: 1Q Earnings Snapshot   [Apr-26-18 05:10PM  Associated Press]
▶ Leggett & Platt Announces 1Q 2018 Earnings Call   [Apr-13-18 10:05AM  GlobeNewswire]
▶ Edited Transcript of LEG presentation 6-Mar-17 1:05pm GMT   [Apr-10-18 11:00AM  Thomson Reuters StreetEvents]
▶ March Top Staples Dividend Stock   [Mar-15-18 04:02PM  Simply Wall St.]
▶ Leggett & Platt Announces Quarterly Dividend Of $.36   [Feb-21-18 11:10AM  PR Newswire]
▶ Company News For Feb 6, 2018   [Feb-06-18 10:19AM  Zacks]
▶ Legget & Platt misses Street 4Q forecasts   [Feb-05-18 04:33PM  Associated Press]
▶ Leggett & Platt Q4 Earnings Preview   [11:56AM  Benzinga]
▶ Leggett & Platt Announces 4Q 2017 Earnings Call   [Jan-23-18 09:01AM  GlobeNewswire]
▶ How Safe Is Leggett & Platt's Dividend?   [Dec-28-17 07:26PM  Motley Fool]
▶ November Top Dividend Stock   [08:02AM  Simply Wall St.]
▶ Leggett & Platt Announces Quarterly Dividend Of $.36   [Nov-07-17 11:16AM  PR Newswire]
▶ Stock Market News For Oct 27, 2017   [Oct-27-17 10:13AM  Zacks]
▶ Legget & Platt matches Street 3Q forecasts   [Oct-26-17 04:49PM  Associated Press]
▶ Leggett & Platt Announces 3Q 2017 Earnings Call   [Oct-13-17 09:02AM  GlobeNewswire]
▶ [$$] Leggett & Platt Stock at an Entry Point   [Sep-15-17 12:55PM  Barrons.com]
Financial statements of LEG
Valuation of Stocks

The paper VALUATION OF STOCKS: The Quest for Intrinsic Value provides a detailed description of our valuation model and discloses the calculation algorithm.

FREE DOWNLOAD
Follow us on:   twitter   twitter   twitter   twitter

ASSET ALLOCATION

About X-FIN       Site news       Privacy policy       Terms of use       FAQ

Copyright © X-FIN.com 2005-2018. All rigths reserved.