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Consumer Defensive - Tobacco - NYSE - US
$ 55.28
1.38 %
$ 982 M
Market Cap
21.85
P/E
1. INTRINSIC VALUE

This DCF valuation model was last updated on Apr, 8, 2025.

The intrinsic value of one TPB stock under the worst case scenario is HIDDEN Compared to the current market price of 55.3 USD, Turning Point Brands, Inc. is HIDDEN

This DCF valuation model was last updated on Apr, 8, 2025.

The intrinsic value of one TPB stock under the base case scenario is HIDDEN Compared to the current market price of 55.3 USD, Turning Point Brands, Inc. is HIDDEN

This DCF valuation model was last updated on Apr, 8, 2025.

The intrinsic value of one TPB stock under the best case scenario is HIDDEN Compared to the current market price of 55.3 USD, Turning Point Brands, Inc. is HIDDEN

2. FUNDAMENTAL ANALYSIS

Price Chart TPB

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$75.0$75.0$70.0$70.0$65.0$65.0$60.0$60.0$55.0$55.0$50.0$50.0$45.0$45.0$40.0$40.015 Oct15 OctNov '24Nov '2415 Nov15 NovDec '24Dec '2415 Dec15 DecJan '25Jan '2515 Jan15 JanFeb '25Feb '2515 Feb15 FebMar '25Mar '2515 Mar15 MarApr '25Apr '25
FINANCIALS
361 M REVENUE
-11.03%
80.8 M OPERATING INCOME
-2.11%
40.5 M NET INCOME
5.32%
67.1 M OPERATING CASH FLOW
0.27%
-10.5 M INVESTING CASH FLOW
-77.94%
-128 M FINANCING CASH FLOW
-159.13%
93.7 M REVENUE
-40.54%
17.9 M OPERATING INCOME
-12.88%
10.6 M NET INCOME
-15.02%
17.7 M OPERATING CASH FLOW
33.95%
-1.44 M INVESTING CASH FLOW
-32.33%
-757 K FINANCING CASH FLOW
99.37%
Balance Sheet Turning Point Brands, Inc.
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Current Assets 198 M
Cash & Short-Term Investments 46.2 M
Receivables 24.8 M
Other Current Assets 127 M
Non-Current Assets 295 M
Long-Term Investments 0
PP&E 37.9 M
Other Non-Current Assets 257 M
9.36 %5.03 %25.79 %7.69 %52.13 %Total Assets$493.4m
Current Liabilities 44.8 M
Accounts Payable 11.7 M
Short-Term Debt 0
Other Current Liabilities 33.1 M
Non-Current Liabilities 258 M
Long-Term Debt 258 M
Other Non-Current Liabilities 0
3.85 %10.94 %85.21 %Total Liabilities$303.0m
EFFICIENCY
Earnings Waterfall Turning Point Brands, Inc.
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Revenue 361 M
Cost Of Revenue 159 M
Gross Profit 202 M
Operating Expenses 121 M
Operating Income 80.8 M
Other Expenses 40.3 M
Net Income 40.5 M
400m400m350m350m300m300m250m250m200m200m150m150m100m100m50m50m00361m(159m)202m(121m)81m(40m)41mRevenueRevenueCost Of RevenueCost Of RevenueGross ProfitGross ProfitOperating ExpensesOperating ExpensesOperating IncomeOperating IncomeOther ExpensesOther ExpensesNet IncomeNet Income
RATIOS
55.89% GROSS MARGIN
55.89%
22.41% OPERATING MARGIN
22.41%
11.04% NET MARGIN
11.04%
20.91% ROE
20.91%
8.07% ROA
8.07%
13.32% ROIC
13.32%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis Turning Point Brands, Inc.
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70m70m60m60m50m50m40m40m30m30m20m20m10m10m0020162016201720172018201820192019202020202021202120222022202320232024202420252025
Net Income 40.5 M
Depreciation & Amortization 5.66 M
Capital Expenditures -4.62 M
Stock-Based Compensation 7.24 M
Change in Working Capital 0
Others 13.1 M
Free Cash Flow 62.4 M
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets Turning Point Brands, Inc.
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Wall Street analysts predict an average 1-year price target for TPB of $82.5 , with forecasts ranging from a low of $80 to a high of $85 .
TPB Lowest Price Target Wall Street Target
80 USD 44.72%
TPB Average Price Target Wall Street Target
82.5 USD 49.24%
TPB Highest Price Target Wall Street Target
85 USD 53.76%
Price
Max Price Target
Min Price Target
Average Price Target
90908080707060605050404030302020May '24May '24Jul '24Jul '24Aug '24Aug '24Oct '24Oct '24Nov '24Nov '2420252025Feb '25Feb '25Apr '25Apr '25Jun '25Jun '25Jul '25Jul '25Aug '25Aug '25Oct '25Oct '25Nov '25Nov '2520262026Feb '26Feb '26Apr '26Apr '26
4. DIVIDEND ANALYSIS
0.12% DIVIDEND YIELD
0.075 USD DIVIDEND PER SHARE
Q1
Q2
Q3
Q4
0.3000.3000.2500.2500.2000.2000.1500.1500.1000.1000.0500.0500.0000.0000.040.0450.050.0550.060.0650.070.0750.040.0450.050.0550.060.0650.070.040.0450.050.0550.060.0650.070.040.160.0450.180.0450.200.050.220.0550.240.060.260.0650.280.070.150.00201720172018201820192019202020202021202120222022202320232024202420252025
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5. COMPETITION
slide 2 of 4
6. Ownership
Insider Ownership Turning Point Brands, Inc.
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Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
304 K USD 1
9-12 MONTHS
148 K USD 1
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
197 K USD 2
9-12 MONTHS
7. News
17 Upcoming Dividend Increases I present a list of 17 companies with upcoming dividend increases, highlighting those with over 10% increases and an average streak length of 11 years. My investment strategy focuses on buying, holding, and expanding stakes in companies that consistently increase dividends and outperform relevant benchmarks. I utilize data from the "U.S. Dividend Champions" spreadsheet and NASDAQ to identify companies with at least five years of dividend growth. seekingalpha.com - 1 month ago
Turning Point Brands, Inc. (TPB) Q4 2024 Earnings Call Transcript Turning Point Brands, Inc. (NYSE:TPB ) Q4 2024 Earnings Conference Call March 6, 2025 10:00 AM ET Company Participants Andrew Flynn - Chief Financial Officer Graham A. Purdy - President and Chief Executive Officer Summer Frein - Chief Marketing Officer Conference Call Participants Eric Des Lauriers - Craig Hallum Capital Group Ian Zaffino - Oppenheimer Nick Anderson - ROTH Capital Partners Aaron Grey - Alliance Global Partners Operator Thank you for standing by. seekingalpha.com - 1 month ago
Turning Point Brands (TPB) Q4 Earnings Lag Estimates Turning Point Brands (TPB) came out with quarterly earnings of $0.53 per share, missing the Zacks Consensus Estimate of $0.57 per share. This compares to earnings of $0.79 per share a year ago. zacks.com - 1 month ago
Turning Point Brands Announces Fourth Quarter and Full Year 2024 Results LOUISVILLE, Ky.--(BUSINESS WIRE)--Turning Point Brands, Inc. (“TPB” or “the Company”) (NYSE: TPB), a manufacturer, marketer and distributor of branded consumer products, including alternative smoking accessories and consumables with active ingredients, today announced financial results for the fourth quarter and full year ended December 31, 2024. Q4 2024 vs. Q4 2023 Total consolidated net sales increased 12.8% to $93.7 million Zig-Zag Product Segment net sales increased 1.8% Stoker's Product Se. businesswire.com - 1 month ago
Turning Point Brands: Little Asymmetrical Upside Left (Rating Downgrade) Turning Point Brands' preliminary Q4 results show accelerating momentum following the December launch of Alp nicotine pouches. Profitability took a slight hit. TPB is distancing itself from the CDS segment with restructuring, now only holding 49% equity and operating the underperforming segment on an arm's length basis. After TPB's continued rally, little asymmetrical upside remains. I estimate a fair value of $74.7. seekingalpha.com - 1 month ago
Earnings Preview: Turning Point Brands (TPB) Q4 Earnings Expected to Decline Turning Point Brands (TPB) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations. zacks.com - 1 month ago
Turning Point Brands to Host Q4 and Fiscal Year 2024 Conference Call LOUISVILLE, Ky.--(BUSINESS WIRE)--Turning Point Brands, Inc. (NYSE: TPB) announced the date and time for its conference call to review fourth quarter and fiscal year 2024 results. The conference call will be on Thursday, March 6, 2024 at 10:00 a.m. Eastern. Interested analysts and professional investors can register and participate through one of these call-in numbers: (800) 715-9871 (U.S., toll-free) (646) 307-1963 (International) Event ID: 6640134 Participants should dial in at least 10 minut. businesswire.com - 1 month ago
Turning Point Brands: Scaling An Alp With Tucker Carlson Turning Point Brands has seen a significant turnaround, driven by reduced reliance on vaping products, and entrance into the nicotine pouch category. The company's nicotine pouch brand FRĒ, relaunched in 2023, has shown impressive growth, with further potential for a similar product called Alp sold through joint venture with Tucker Carlson Media. Zig-Zag's performance has been underwhelming due to increased competition and a shift in demand, but efforts to reposition the brand are paying off. seekingalpha.com - 3 months ago
ALP Pre-orders Demolish Expectations as ALP Officially Launches Online MIAMI , Dec. 23, 2024 /PRNewswire/ -- After weeks of rousing pre-launch sales to a select group of nicotine connoisseurs, the whole grain goodness of ALP pouches is finally available to the general public. As of today, ALP can be purchased by the tin, sleeve or pallet and delivered directly to the doorsteps of discriminating users. prnewswire.com - 3 months ago
Turning Point Brands: Alp Is Off To A Fast Start Turning Point Brands' joint venture with Tucker Carlson for Alp nicotine pouches has launched, with pre-orders shipping during December. Initial web traffic data shows quite strong demand for Alp. TPB also intriguingly filed an at-the-market sales agreement to support nicotine pouch growth investments. TPB's Q3 performance shows solid underlying growth in Zig-Zag and FRE nicotine pouches. seekingalpha.com - 4 months ago
Tucker Carlson Introduces ALP, A Revolutionary New Nicotine Pouch Company MIAMI , Nov. 14, 2024 /PRNewswire/ -- Tucker Carlson has announced the launch of ALP, the first nicotine pouch brand made by and for adults who unapologetically love nicotine. ALP will be sold, marketed and distributed through ALP Supply Co. LLC, a newly formed 50/50 joint venture between the Tucker Carlson Network and Turning Point Brands (NYSE: TPB). prnewswire.com - 5 months ago
Tucker Carlson Introduces ALP, A Revolutionary New Nicotine Pouch Company MIAMI--(BUSINESS WIRE)--Tucker Carlson has announced the launch of ALP, the first nicotine pouch brand made by and for adults who unapologetically love nicotine. ALP will be sold, marketed and distributed through ALP Supply Co. LLC, a newly formed 50/50 joint venture between the Tucker Carlson Network and Turning Point Brands (NYSE: TPB). The product is launching with three nicotine strengths — 3mg, 6mg, and 9mg — and in four distinct styles, including Chilled Mint, Mountain Wintergreen, Refres. businesswire.com - 5 months ago
8. Profile Summary

Turning Point Brands, Inc. TPB

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COUNTRY US
INDUSTRY Tobacco
MARKET CAP $ 982 M
Dividend Yield 0.12%
Description Turning Point Brands, Inc., together with its subsidiaries, manufactures, markets, and distributes branded consumer products. The company operates through three segments: Zig-Zag Products, Stoker's Products, and NewGen Products. The Zig-Zag Products segment markets and distributes rolling papers, tubes, finished cigars, make-your-own cigar wraps, and related products under the Zig-Zag brand. The Stoker's Products segment manufactures and markets moist snuff tobacco and loose-leaf chewing tobacco products under the Stoker's, Beech-Nut, Durango, Trophy, and Wind River brands. The NewGen Products segment markets and distributes cannabidiol isolate, liquid vapor products, and other products without tobacco and/or nicotine to individual consumers through VaporFi B2C online platform, as well as non-traditional retail through VaporBeast. It sells its products to wholesale distributors and retail merchants in the independent and chain convenience stores, tobacco outlets, food stores, mass merchandising, and drug stores. The company was formerly known as North Atlantic Holding Company, Inc. and changed its name to Turning Point Brands, Inc. in November 2015. Turning Point Brands, Inc. was founded in 1988 and is headquartered in Louisville, Kentucky.
Contact 5201 Interchange Way, Louisville, KY, 40229 https://www.turningpointbrands.com/home/default.aspx
IPO Date May 11, 2016
Employees 310
Officers Mr. Lorenzo De Plano Chief Strategy Officer Mr. Graham A. Purdy Chief Executive Officer, President & Director Mr. David E. Glazek J.D. Executive Chairman