Event-Driven Stocks

Spectrum Brands Legacy, Inc.

Technology · Miscellaneous Electrical Machinery, Equipment & Supplies · DE · SEC filings ↗ · Compare ⊕

Signs3 good3 warningdetails ↓

Financials

SEC XBRL · annual
 FY17FY16FY15FY14FY13FY12
Revenue$1.21B$1.22B$1.07B$1.07B$1.10B$870.3M
Operating income$561.4M$656.2M$474.1M$481.9M$351.2M$301.7M
Net income$65.2M$73.6M$148.9M$214.1M−$55.2M$48.6M
Total assets$7.42B$7.07B$7.19B$5.51B$5.63B$3.75B
Total liabilities$5.57B$5.23B$5.59B$4.43B$4.69B$2.76B
Equity$1.84B$1.80B$1.56B$1.04B$897.0M$989.1M
EPS (diluted)$1.10$1.24$2.66$4.02$-1.06$0.91
Shares out.57.6M59.4M59.1M52.7M52.4M51.5M

Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.

Key ratios

from filings · FY2017
Operating margin
46.3%
Net margin
5.4%
Return on equity
3.5%
Return on assets
0.9%
Return on capital (ROCE)
8.9%
Liabilities / assets
75.1%
Debt / equity
3.03×
Book value / share
$31.89
Revenue growth (YoY)
−0.6%
Net income growth (YoY)
−11.4%

Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.

Financial health

forensic scores · FY2017
Altman Z″ (distress)
1.41grey zone
Accruals / assets
8.1%clean
Piotroski F-Score
4/9mixed

Altman Z″is a textbook bankruptcy-distress score from book values only (>2.6 safe · 1.1–2.6 grey · <1.1 distress). Accruals = (net income − operating cash flow) ÷ assets; persistently high accruals are an earnings-quality red flag. Beneish M-Scoreis an eight-ratio screen comparing this year with last (M > −1.78 = elevated manipulation-risk screen, not proof). Piotroski F-Scorecounts how many of nine fundamental-health checks pass (shown as passed / applicable; we use operating margin and total liabilities as documented proxies where the exact input isn't XBRL-tagged). Computed from SEC filings — descriptive factors, not advice or a forecast.

Quality score

EDS Score
63
/ 100
Profitability 100Growth 0Catalyst 67Earnings quality 100Financial strength 50

Our own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast.

Signs

3 warning3 good
  • Revenue declined year-over-year
  • High leverage (liabilities > 70% of assets)
  • Altman Z″ in the grey zone
  • Operating margin is positive
  • Positive operating cash flow
  • Clean earnings (low accruals)

Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.

Insider transactions

SEC Form 4 · most recent
2 acquisitions10 disposals1 open-market buy(s)net 486,756.32 shares · last 12
InsiderDateTypeSharesPrice
Zargar EhsanDirectorJul 13, 2018D2,352
Steinberg Joseph SDirectorJul 13, 2018D7,834
Rovit Hugh RDirectorJul 13, 2018D26,668
Polistina TerryDirectorJul 13, 2018D24,665
Neu Stacey LOfficer — SVP of Human ResourcesJul 13, 2018D11,438
Maura David MOfficer — Executive Chairman and CEOJul 13, 2018D282,959
Matthews Norman SDirectorJul 13, 2018D25,907
Martin Douglas LOfficer — EVP and CFOJul 13, 2018D49,189
Fagre Nathan EOfficer — SVP, GC and SecretaryJul 13, 2018D46,334
Ambrecht Kenneth CDirectorJun 12, 2013Buy33.68$61.92
Maura David MOfficer — Executive ChairmanDec 1, 2017Option exercise16,341
Maura David MOfficer — Executive ChairmanNov 25, 2016Tax withholding25,785$121.97

Headline trade per Form 4 (officers, directors, 10%+ owners). Buy/sell read from the filing's structured data — blank where a field isn't cleanly tagged.

Material events

SEC Form 8-K · most recent

Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.

Recent SEC filings

All filings ↗

Event-driven situations (1)

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