Intrinsic value of Newell Brands - NWL

Previous Close

$22.08

  Intrinsic Value

$30.20

stock screener

  Rating & Target

buy

+37%

Previous close

$22.08

 
Intrinsic value

$30.20

 
Up/down potential

+37%

 
Rating

buy

We calculate the intrinsic value of NWL 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

Revenue (in 0001), $M
Initial revenue growth rate, %
Terminal revenue growth rate, %
Revenue decline factor
Initial discount rate, %
Discount rate multiplier
Variable cost ratio, %
Fixed operating expenses, $M
Interest rate on debt, %
Effective corporate tax rate, %
Production assets / Revenue, %
Life of production assets, yrs
Working capital / Revenue, %
Revenue / Adjusted assets
Adjusted equity ratio
Cash flow adjustment, % of Revenue
Book value of equity, $M
Shares outstanding, mln
Market capitalization, $bln 10.4

 

FINANCIAL STATEMENTS FORECAST and PRESENT VALUE CALCULATION

Fiscal year
   2
   3
   4
   5
   6
   7
   8
   9
   10
   11
   12
   13
   14
   15
   16
   17
   18
   19
   20
   21
   22
   23
   24
   25
   26
   27
   28
   29
   30
   31

INCOME STATEMENT

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Revenue growth rate, %
  2.00
  2.30
  2.57
  2.81
  3.03
  3.23
  3.41
  3.57
  3.71
  3.84
  3.95
  4.06
  4.15
  4.24
  4.31
  4.38
  4.44
  4.50
  4.55
  4.59
  4.64
  4.67
  4.70
  4.73
  4.76
  4.78
  4.81
  4.83
  4.84
  4.86
Revenue, $m
  15,037
  15,383
  15,778
  16,222
  16,714
  17,253
  17,841
  18,477
  19,162
  19,898
  20,685
  21,524
  22,418
  23,368
  24,376
  25,444
  26,575
  27,771
  29,034
  30,368
  31,776
  33,260
  34,825
  36,474
  38,210
  40,038
  41,963
  43,988
  46,118
  48,359
Variable operating expenses, $m
  13,725
  14,001
  14,317
  14,672
  15,065
  15,496
  15,966
  16,474
  17,022
  17,609
  16,531
  17,202
  17,916
  18,675
  19,481
  20,335
  21,238
  22,194
  23,204
  24,270
  25,395
  26,581
  27,832
  29,149
  30,537
  31,998
  33,536
  35,154
  36,857
  38,648
Fixed operating expenses, $m
  27
  27
  28
  28
  29
  30
  30
  31
  32
  32
  33
  34
  35
  35
  36
  37
  38
  38
  39
  40
  41
  42
  43
  44
  45
  46
  47
  48
  49
  50
Total operating expenses, $m
  13,752
  14,028
  14,345
  14,700
  15,094
  15,526
  15,996
  16,505
  17,054
  17,641
  16,564
  17,236
  17,951
  18,710
  19,517
  20,372
  21,276
  22,232
  23,243
  24,310
  25,436
  26,623
  27,875
  29,193
  30,582
  32,044
  33,583
  35,202
  36,906
  38,698
Operating income, $m
  1,286
  1,355
  1,433
  1,522
  1,620
  1,728
  1,845
  1,972
  2,109
  2,256
  4,121
  4,288
  4,467
  4,657
  4,859
  5,073
  5,299
  5,538
  5,791
  6,058
  6,340
  6,637
  6,950
  7,280
  7,628
  7,994
  8,380
  8,785
  9,212
  9,661
EBITDA, $m
  3,387
  3,465
  3,555
  3,655
  3,766
  3,888
  4,020
  4,164
  4,319
  4,485
  4,663
  4,853
  5,055
  5,270
  5,498
  5,740
  5,996
  6,267
  6,553
  6,855
  7,173
  7,509
  7,864
  8,237
  8,630
  9,045
  9,480
  9,939
  10,422
  10,929
Interest expense (income), $m
  316
  570
  590
  614
  641
  672
  706
  744
  785
  829
  877
  928
  983
  1,041
  1,103
  1,169
  1,239
  1,313
  1,392
  1,475
  1,563
  1,656
  1,754
  1,857
  1,966
  2,080
  2,201
  2,328
  2,462
  2,603
  2,751
Earnings before tax, $m
  716
  765
  820
  881
  948
  1,021
  1,101
  1,187
  1,280
  1,379
  3,193
  3,306
  3,426
  3,554
  3,690
  3,833
  3,985
  4,146
  4,316
  4,495
  4,684
  4,883
  5,093
  5,315
  5,548
  5,793
  6,051
  6,323
  6,609
  6,910
Tax expense, $m
  193
  206
  221
  238
  256
  276
  297
  321
  346
  372
  862
  893
  925
  960
  996
  1,035
  1,076
  1,119
  1,165
  1,214
  1,265
  1,318
  1,375
  1,435
  1,498
  1,564
  1,634
  1,707
  1,784
  1,866
Net income, $m
  523
  558
  598
  643
  692
  746
  804
  867
  934
  1,007
  2,331
  2,413
  2,501
  2,595
  2,694
  2,798
  2,909
  3,027
  3,150
  3,281
  3,419
  3,565
  3,718
  3,880
  4,050
  4,229
  4,418
  4,616
  4,825
  5,044

BALANCE SHEET

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Cash and short-term investments, $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
Total assets, $m
  33,791
  34,568
  35,457
  36,454
  37,559
  38,772
  40,092
  41,522
  43,062
  44,714
  46,482
  48,369
  50,377
  52,512
  54,777
  57,178
  59,719
  62,406
  65,245
  68,243
  71,406
  74,742
  78,258
  81,963
  85,865
  89,974
  94,298
  98,848
  103,636
  108,671
Adjusted assets (=assets-cash), $m
  33,791
  34,568
  35,457
  36,454
  37,559
  38,772
  40,092
  41,522
  43,062
  44,714
  46,482
  48,369
  50,377
  52,512
  54,777
  57,178
  59,719
  62,406
  65,245
  68,243
  71,406
  74,742
  78,258
  81,963
  85,865
  89,974
  94,298
  98,848
  103,636
  108,671
Revenue / Adjusted assets
  0.445
  0.445
  0.445
  0.445
  0.445
  0.445
  0.445
  0.445
  0.445
  0.445
  0.445
  0.445
  0.445
  0.445
  0.445
  0.445
  0.445
  0.445
  0.445
  0.445
  0.445
  0.445
  0.445
  0.445
  0.445
  0.445
  0.445
  0.445
  0.445
  0.445
Average production assets, $m
  11,834
  12,106
  12,417
  12,767
  13,154
  13,579
  14,041
  14,542
  15,081
  15,660
  16,279
  16,939
  17,643
  18,390
  19,184
  20,024
  20,914
  21,855
  22,850
  23,900
  25,008
  26,176
  27,407
  28,705
  30,071
  31,510
  33,025
  34,618
  36,295
  38,058
Working capital, $m
  6,977
  7,138
  7,321
  7,527
  7,755
  8,006
  8,278
  8,573
  8,891
  9,233
  9,598
  9,987
  10,402
  10,843
  11,310
  11,806
  12,331
  12,886
  13,472
  14,091
  14,744
  15,433
  16,159
  16,924
  17,729
  18,578
  19,471
  20,410
  21,399
  22,438
Total debt, $m
  10,923
  11,368
  11,877
  12,448
  13,082
  13,776
  14,533
  15,352
  16,234
  17,181
  18,194
  19,275
  20,426
  21,650
  22,948
  24,323
  25,779
  27,319
  28,946
  30,663
  32,476
  34,387
  36,402
  38,525
  40,761
  43,115
  45,593
  48,200
  50,943
  53,829
Total liabilities, $m
  19,362
  19,808
  20,317
  20,888
  21,521
  22,216
  22,973
  23,792
  24,674
  25,621
  26,634
  27,715
  28,866
  30,089
  31,387
  32,763
  34,219
  35,759
  37,385
  39,103
  40,916
  42,827
  44,842
  46,965
  49,201
  51,555
  54,033
  56,640
  59,383
  62,268
Total equity, $m
  14,429
  14,761
  15,140
  15,566
  16,038
  16,556
  17,119
  17,730
  18,387
  19,093
  19,848
  20,653
  21,511
  22,423
  23,390
  24,415
  25,500
  26,647
  27,860
  29,140
  30,490
  31,915
  33,416
  34,998
  36,664
  38,419
  40,265
  42,208
  44,252
  46,402
Total liabilities and equity, $m
  33,791
  34,569
  35,457
  36,454
  37,559
  38,772
  40,092
  41,522
  43,061
  44,714
  46,482
  48,368
  50,377
  52,512
  54,777
  57,178
  59,719
  62,406
  65,245
  68,243
  71,406
  74,742
  78,258
  81,963
  85,865
  89,974
  94,298
  98,848
  103,635
  108,670
Debt-to-equity ratio
  0.760
  0.770
  0.780
  0.800
  0.820
  0.830
  0.850
  0.870
  0.880
  0.900
  0.920
  0.930
  0.950
  0.970
  0.980
  1.000
  1.010
  1.030
  1.040
  1.050
  1.070
  1.080
  1.090
  1.100
  1.110
  1.120
  1.130
  1.140
  1.150
  1.160
Adjusted equity ratio
  0.427
  0.427
  0.427
  0.427
  0.427
  0.427
  0.427
  0.427
  0.427
  0.427
  0.427
  0.427
  0.427
  0.427
  0.427
  0.427
  0.427
  0.427
  0.427
  0.427
  0.427
  0.427
  0.427
  0.427
  0.427
  0.427
  0.427
  0.427
  0.427
  0.427

CASH FLOW

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Net income, $m
  523
  558
  598
  643
  692
  746
  804
  867
  934
  1,007
  2,331
  2,413
  2,501
  2,595
  2,694
  2,798
  2,909
  3,027
  3,150
  3,281
  3,419
  3,565
  3,718
  3,880
  4,050
  4,229
  4,418
  4,616
  4,825
  5,044
Depreciation, amort., depletion, $m
  2,102
  2,111
  2,121
  2,133
  2,146
  2,160
  2,175
  2,192
  2,210
  2,229
  543
  565
  588
  613
  639
  667
  697
  729
  762
  797
  834
  873
  914
  957
  1,002
  1,050
  1,101
  1,154
  1,210
  1,269
Funds from operations, $m
  2,624
  2,669
  2,719
  2,776
  2,838
  2,905
  2,979
  3,059
  3,144
  3,236
  2,873
  2,978
  3,089
  3,208
  3,333
  3,466
  3,606
  3,755
  3,912
  4,078
  4,253
  4,437
  4,632
  4,837
  5,052
  5,279
  5,518
  5,770
  6,034
  6,313
Change in working capital, $m
  137
  160
  183
  206
  228
  250
  273
  295
  318
  341
  365
  390
  415
  441
  468
  496
  525
  555
  586
  619
  653
  689
  726
  765
  806
  848
  893
  940
  988
  1,040
Cash from operations, $m
  2,488
  2,509
  2,536
  2,570
  2,609
  2,655
  2,706
  2,764
  2,826
  2,895
  2,508
  2,588
  2,675
  2,767
  2,865
  2,970
  3,082
  3,200
  3,326
  3,459
  3,600
  3,748
  3,906
  4,072
  4,247
  4,431
  4,625
  4,830
  5,046
  5,273
Maintenance CAPEX, $m
  -387
  -394
  -404
  -414
  -426
  -438
  -453
  -468
  -485
  -503
  -522
  -543
  -565
  -588
  -613
  -639
  -667
  -697
  -729
  -762
  -797
  -834
  -873
  -914
  -957
  -1,002
  -1,050
  -1,101
  -1,154
  -1,210
New CAPEX, $m
  -225
  -272
  -311
  -349
  -387
  -425
  -462
  -501
  -539
  -579
  -619
  -661
  -703
  -748
  -793
  -841
  -890
  -941
  -994
  -1,050
  -1,108
  -1,168
  -1,231
  -1,297
  -1,367
  -1,439
  -1,514
  -1,594
  -1,677
  -1,763
Cash from investing activities, $m
  -612
  -666
  -715
  -763
  -813
  -863
  -915
  -969
  -1,024
  -1,082
  -1,141
  -1,204
  -1,268
  -1,336
  -1,406
  -1,480
  -1,557
  -1,638
  -1,723
  -1,812
  -1,905
  -2,002
  -2,104
  -2,211
  -2,324
  -2,441
  -2,564
  -2,695
  -2,831
  -2,973
Free cash flow, $m
  1,875
  1,842
  1,821
  1,806
  1,797
  1,792
  1,791
  1,795
  1,802
  1,814
  1,367
  1,385
  1,406
  1,431
  1,459
  1,490
  1,524
  1,562
  1,603
  1,647
  1,695
  1,747
  1,802
  1,860
  1,923
  1,990
  2,061
  2,136
  2,216
  2,300
Issuance/(repayment) of debt, $m
  372
  445
  509
  572
  633
  695
  757
  819
  882
  947
  1,013
  1,081
  1,151
  1,223
  1,298
  1,375
  1,456
  1,540
  1,627
  1,718
  1,813
  1,911
  2,015
  2,123
  2,236
  2,354
  2,478
  2,607
  2,743
  2,885
Issuance/(repurchase) of shares, $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 from financing (excl. dividends), $m  
  372
  445
  509
  572
  633
  695
  757
  819
  882
  947
  1,013
  1,081
  1,151
  1,223
  1,298
  1,375
  1,456
  1,540
  1,627
  1,718
  1,813
  1,911
  2,015
  2,123
  2,236
  2,354
  2,478
  2,607
  2,743
  2,885
Total cash flow (excl. dividends), $m
  2,247
  2,287
  2,330
  2,378
  2,430
  2,487
  2,548
  2,614
  2,685
  2,760
  2,380
  2,466
  2,557
  2,654
  2,757
  2,866
  2,980
  3,102
  3,230
  3,365
  3,508
  3,658
  3,817
  3,983
  4,159
  4,344
  4,539
  4,743
  4,959
  5,185
Retained Cash Flow (-), $m
  -284
  -332
  -379
  -426
  -472
  -518
  -564
  -610
  -658
  -706
  -755
  -806
  -858
  -912
  -967
  -1,025
  -1,085
  -1,147
  -1,212
  -1,280
  -1,351
  -1,424
  -1,501
  -1,582
  -1,666
  -1,754
  -1,846
  -1,943
  -2,044
  -2,150
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
  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 available for distribution, $m
  1,963
  1,955
  1,951
  1,952
  1,958
  1,969
  1,984
  2,004
  2,027
  2,055
  1,625
  1,661
  1,700
  1,743
  1,790
  1,841
  1,895
  1,954
  2,018
  2,085
  2,157
  2,234
  2,315
  2,401
  2,493
  2,590
  2,692
  2,800
  2,914
  3,035
Discount rate, %
  7.80
  8.19
  8.60
  9.03
  9.48
  9.95
  10.45
  10.98
  11.52
  12.10
  12.71
  13.34
  14.01
  14.71
  15.44
  16.22
  17.03
  17.88
  18.77
  19.71
  20.70
  21.73
  22.82
  23.96
  25.16
  26.41
  27.73
  29.12
  30.58
  32.11
PV of cash for distribution, $m
  1,821
  1,671
  1,523
  1,381
  1,245
  1,114
  989
  871
  760
  656
  436
  370
  309
  255
  208
  166
  131
  101
  77
  57
  42
  30
  20
  14
  9
  6
  4
  2
  1
  1
Current shareholders' claim on cash, %
  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

Newell Brands Inc. is a marketer of consumer and commercial products. The Company's segments include Writing, Home Solutions, Commercial Products, Baby & Parenting, Branded Consumables, Consumer Solutions, Outdoor Solutions and Process Solutions. Its products are marketed under a portfolio of brands, including Paper Mate, Sharpie, Dymo, Expo, Parker, Elmer's, Coleman, Jostens, Marmot, Rawlings, Mr. Coffee, Rubbermaid Commercial Products, Graco, Baby Jogger, NUK, Calphalon, Rubbermaid, Contigo, First Alert, Waddington and Yankee Candle. Writing segment consists of the Writing and Creative Expression business. Home Solutions segment designs, manufactures or sources and distributes a range of consumer products under various brand names. Commercial Products segment designs, manufactures or sources and distributes cleaning and refuse products. Its Baby & Parenting segment designs and distributes infant and juvenile products.

FINANCIAL RATIOS  of  Newell Brands (NWL)

Valuation Ratios
P/E Ratio 20.2
Price to Sales 0.8
Price to Book 0.9
Price to Tangible Book
Price to Cash Flow 5.8
Price to Free Cash Flow 7.7
Growth Rates
Sales Growth Rate 124.2%
Sales - 3 Yr. Growth Rate %
EPS Growth Rate %
EPS - 3 Yr. Growth Rate %
Capital Spending Gr. Rate 109%
Cap. Spend. - 3 Yr. Gr. Rate 26.2%
Financial Strength
Quick Ratio 1
Current Ratio 0.4
LT Debt to Equity 99.5%
Total Debt to Equity 104.8%
Interest Coverage 4
Management Effectiveness
Return On Assets 3.6%
Ret/ On Assets - 3 Yr. Avg. 5.4%
Return On Total Capital 3.8%
Ret/ On T. Cap. - 3 Yr. Avg. 6.8%
Return On Equity 8%
Return On Equity - 3 Yr. Avg. 15.4%
Asset Turnover 0.6
Profitability Ratios
Gross Margin 33.2%
Gross Margin - 3 Yr. Avg. 36.9%
EBITDA Margin 11.8%
EBITDA Margin - 3 Yr. Avg. 11.2%
Operating Margin 7.9%
Oper. Margin - 3 Yr. Avg. 8.4%
Pre-Tax Margin 6.1%
Pre-Tax Margin - 3 Yr. Avg. 6.6%
Net Profit Margin 4%
Net Profit Margin - 3 Yr. Avg. 5.5%
Effective Tax Rate 35.1%
Eff/ Tax Rate - 3 Yr. Avg. 25.9%
Payout Ratio 62.3%

NWL stock valuation input parameters

Revenue. Company's revenue (or sales) is always the starting point of any cash flow forecast. In the NWL stock intrinsic value calculation we used $14742.2 million for the last fiscal year's total revenue generated by Newell Brands. The default revenue input number comes from 0001 income statement of Newell Brands. 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 NWL stock valuation model: a) initial revenue growth rate of 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 7.8%, whose default value for NWL is calculated based on our internal credit rating of Newell Brands, 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 Newell Brands.
    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 NWL stock the variable cost ratio is equal to 91.5%.

Fixed operating expenses is just that - expenses that are not dependant on the volume of production. They are set to $26 million in the base year in the intrinsic value calculation for NWL 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 Newell Brands.

Corporate tax rate of 27% is the nominal tax rate for Newell Brands. 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 NWL stock is equal to 0%.

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 NWL are equal to 78.7%.

Life of production assets of 34.5 years is the average useful life of capital assets used in Newell Brands 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 NWL is equal to 46.4%. 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 - $14144.7 million for Newell Brands - 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 472.5 million for Newell Brands 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 Newell Brands at the current share price and the inputted number of shares is $10.4 billion.

RELATED COMPANIES Price Int.Val. Rating
ACCO ACCO Brands 6.76 25.13  str.buy
HELE Helen of Troy 138.30 95.10  hold
SWK Stanley Black& 118.36 349.83  str.buy

COMPANY NEWS

▶ Why Newell Brands Stock Gained 47% in November   [Dec-05-18 08:59AM  Motley Fool]
▶ Newell Brands to transfer stock listing to Nasdaq   [Nov-28-18 08:42AM  MarketWatch]
▶ Former P&G executive hired as CFO of Newell Brands   [05:00AM  American City Business Journals]
▶ Why Newell Brands Stock Is Soaring Today   [02:41PM  InvestorPlace]
▶ [$$] Newell Brands Appoints New CFO as Divestitures Loom   [01:35PM  The Wall Street Journal]
▶ Newell Brands Declares Dividend on Common Stock   [Nov-09-18 04:15PM  Business Wire]
▶ Company Behind Sharpie, Mr. Coffee Could Jump 40%   [Nov-07-18 02:02PM  Barrons.com]
▶ Newell Brands' Big Surprise   [02:07PM  TheStreet.com]
▶ Newell Brands Q3 Earnings Outlook   [Nov-01-18 02:44PM  Benzinga]
▶ A Look At Yeti's Competitors   [Oct-29-18 03:03PM  Benzinga]
▶ 10 Cheap Consumer Stocks for an Uncertain Market   [Oct-18-18 03:28PM  InvestorPlace]
▶ Newell Brands Announces Pricing Terms of its Tender Offers   [Oct-16-18 04:15PM  Business Wire]
▶ 7 Stocks That Should Rally With Fresh Blood   [Oct-15-18 03:18PM  InvestorPlace]
▶ S&P 500 logs 4-session slump amid extended rate rise   [Oct-09-18 04:06PM  MarketWatch]
▶ 2.6 Million New Zealanders Experiencing a Coffee Faux Pas   [Sep-30-18 07:00PM  Business Wire]
▶ What is Behind Newell Brands Incs (NYSE:NWL) Superior ROE?   [Sep-26-18 01:26PM  Simply Wall St.]
▶ [$$] As Newell Sheds Brands, a Familiar Foe Circles   [Sep-25-18 08:02AM  The Wall Street Journal]
▶ Newell Brands Seems Undervalued   [01:58PM  GuruFocus.com]
▶ Carl Icahn Ups Investment in Newell Brands   [Aug-29-18 04:29PM  GuruFocus.com]
▶ 3 High-Yield Stocks at Rock-Bottom Prices   [06:00AM  Motley Fool]
▶ 2 Dividend Stocks for In-the-Know Investors   [Aug-24-18 11:04PM  Motley Fool]

CONTACT US       ASSET ALLOCATION

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

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