Edgewell Personal Care Company (EPC) vs Spectrum Brands Holdings Inc. (SPB)

Edgewell Personal Care Company and Spectrum Brands Holdings Inc. are both Household & Personal Products companies. Spectrum Brands Holdings Inc. is the larger, with a market value of $2.0B against $1.3B — 1.6× the size. Edgewell Personal Care Company has negative trailing earnings, so its P/E is not meaningful; Spectrum Brands Holdings Inc. trades at 25.7×. Edgewell Personal Care Company grew revenue faster over the last twelve months: 11.7% against 0.82%. Spectrum Brands Holdings Inc. has the higher net margin (2.76% vs −4.15%) and the higher return on invested capital (3.28% vs 0.48%). Both pay a dividend; Spectrum Brands Holdings Inc. yields more (1.96% vs 1.56%). Across the 22 metrics below, Spectrum Brands Holdings Inc. leads on 18 and Edgewell Personal Care Company on 4.

Valuation

Metric EPC SPB Household & Personal Products median
P/E n/m 25.65 22.55
P/S 0.57 0.68 1.13
P/B 0.88 1.06 3.02
Price to free cash flow 24.48 6.73 17.73
EV/EBITDA 21.64 7.56 12.27
EV/Sales 0.96 0.81 1.26
Earnings yield (7.19%) 3.90% 0.27%
Free cash flow yield 4.09% 14.87% 4.03%

Profitability

Metric EPC SPB Household & Personal Products median
Gross margin 39.48% 39.65% 46.28%
Operating margin 0.79% 4.03% 0.79%
Net margin (4.15%) 2.76% 0.61%
Free cash flow margin 2.34% 10.15% 2.89%
Return on equity (6.16%) 4.24% 2.12%
Return on assets (2.54%) 2.23% 0.00%
Return on invested capital 0.48% 3.28% 0.00%

Growth

Metric EPC SPB Household & Personal Products median
Revenue growth (TTM) 11.65% 0.82% 2.93%
EPS growth (last fiscal year) (73.10%) (5.85%) —
Revenue growth, 5-year CAGR 2.66% 1.39% 2.03%
Net income growth, 5-year CAGR (17.78%) 0.43% 0.00%

Health

Metric EPC SPB Household & Personal Products median
Debt to equity 0.85 0.33 0.46
Current ratio 1.84 2.41 1.64
Net debt to EBITDA 6.24 1.96 1.37

Dividend

Metric EPC SPB Household & Personal Products median
Dividend yield 1.56% 1.96% 1.96%
Payout ratio 0.27 4.80 0.49

Size

Metric EPC SPB Household & Personal Products median
Market cap 1.25b 1.95b 625.04m

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