Stanley Black & Decker (SWK) - Long Term Strong Value Play - 9% Free Cash Flow Yield
Вставка
- Опубліковано 6 жов 2024
- DeWalt, Black & Decker, Craftsman - Some of the biggest names in tools are owned by $SWK. The drop in earnings provides huge long term value for the cash flow investor. This stock is estimated to yield 9% free cash flow by 2024 and can be bought at a steep discount. A deep dive into the financials of Stanley Black & Decker tools. #dewalt #blackanddecker #craftsman #stanley #lenox #irwin #portercable #mactools #construction #build
"Long ago, Ben Graham taught me that 'Price is what you pay; value is what you get.' Whether we're talking about socks or stocks, I like buying quality merchandise when it is marked down." - Warren Buffett
Don’t forget to Like this video and SUBSCRIBE for weekly stock reviews!
🎧 Rational Investing Podcast
podcasts.apple...
📄 Free 1 Pager
Sign up here 👉 www.cashflowin...
Remember to check my website 👇
www.cashflowin...
🛍️ Merch store:
www.cashflowin...
📚 10 years of historical financials + a Cash Flow 1 pager!!
Download here 👉 www.cashflowin...
🧐 Learn to Invest on your own: www.cashflowin...
🧐 Cash Flow Investing Club: www.cashflowin...
Business Inquires: cashflowinvestingpro@gmail.com
-- Disclosure --
Read Full Disclosure Here: www.cashflowin...
All opinions expressed by Cameron Stewart at Rational Investing with Cameron Stewart, CFA or on Cashflowinvestingpro.com are solely Mr. Stewart’s opinions. You should not treat any opinion expressed by Mr. Stewart as a specific inducement to make a particular investment or follow a particular strategy, but only as an expression of his opinion. Mr. Stewart’s statements and opinions are subject to change without notice. Past performance is not indicative of future results. Mr. Stewart does not guarantees any specific outcome or profit. You should be aware of the real risk of loss in following any strategy or investment discussed on this show. Strategies or investments discussed may fluctuate in price or value. Investors may get back less than invested. Investments or strategies mentioned on this show may not be suitable for you. This material does not take into account your particular investment objectives, financial situation or needs and is not intended as recommendations appropriate for you. You must make an independent decision regarding investments or strategies mentioned on this show. Before acting on information on this show, you should consider whether it is suitable for your particular circumstances and strongly consider seeking advice from your own financial or investment adviser.
#stockmarket #stockanalysis #stockmarket2023 #stockmarketcrash #rationalivesting #investingforbeginners #recession2023 #stockmarketforbeginners #stocks #dividendstocks
i came from "Everything money", which i like.
But you comment on the numbers more accurate.
Thanks a lot.
Thanks!
Cameron is second to none in the finance space. Such a blessing to have found you. Would love to see your reviews on $PARA and $TROW in the future. Keep up the great work, I’ll keep doing my part to promote your channel.
much appreciated my friend.
TROW!
@@CstewartCFA PARA would be interesting indeed.
Good work Cameron. Impressed with your analysis and details of the financial statement. I really learn a lot. I am hoping you could do one for ENI S.P.A which looks undervalue to me. Cheers!
Thanks for the excellent analysis with explanations that I can now understand even if I am not an expert. I own SWK myself and I fear what they will do with the dividends this year.
I generally really like your concept analysis. It's a shame you don't have more such analyzes of individual stocks.
My feedback: With some technical improvements (e.g. showing a digital screen instead of a TV in the background, silencing the keyboard sounds in the background, reducing your photo, e.g. to the lower left corner, showing some kind of graph to make it a little more graphic, etc.) it would be for me one of the best stock analysis on YT.
Anyway, thanks and congratulations.
Really good video as always! I would love if you analyse Concentrix CNXC, Global Payments GPN or Fleetcor FLT 🙂
Cameron, this is great! Long time subscriber here. Wonder what you think about three major things about SWK:
1) SWK's cash flow statement seem to not line up with the income statement, with significant divergence between the net income and cash from operations. I understand the build up of inventories but the numbers still don't add up, which may be indicative of dishonest management;
2) SWK has merger and restructuring charges every year since 2017? I understand that they are serial acquirers but these charges are typically on-off?; and
3) SWK put out a report about "Material Weakness in internal control over financial reporting". I believe at the minimum, this puts doubt into the numbers coming out of the business.
How do you recouncile some of these major issues I have with SWK? Thanks so much!
Thanks for a great video 👍I don't like that SWK seem to keep having high inventories. I hope this will not end up in firesales or similar. And the debt is also a bit high in my opinion, especially if we will see a slowdown in the economy. But again, SWK is trading at a low historical market cap, so probably not much risk to the downside. Let's see if there will be a buying opportunity around 10-11 B USD market cap in the next 6-9 months? Thanks again for the video 👏
Holy smokes! I never knew that B&D owned all those brands.. as a DIYer that uses so many of those, I couldn’t be happier! Killer IRR to cap it all.. thank you, thank you, thank you Cameron for digging this out for us! May you go from strength to strength for the work you do!
I’m a DIYer myself, love all those brands and think there’s long term value here.
@@CstewartCFA awesome! It is not easy to find a good match between a promising investment and something you are equally passionate about!
Can you do an update on SWK?
Thanks Cameron for another outstanding analysis! 🍀✌🏻😎👏🏻
I just subscribed, great video
Thanks!
Entered today after a long watch…. Cameron is always on his game.
Ive said it before and I’ll say it again, this channel should have north of 500k subs, easily.
Thank you for this nice video too :)
I would to see analysis of ibm and med
Hi Cameron, quick question. I am based in the Netherlands and when you say we can recommend stocks, could we also recommend European stocks? Especially since the European economy will be slightly stronger this year, i would love to send a few stocks to look at
Stock suggestion TFII.
thanks for the suggestion
Love your video as always. Thank you
Thanks for watching!
Just bought WSM, a similar boring business, I would say it sits better in the current environment than SWK. Would love a review from you!
I'm with you, no debt, consistent fcf...
Cameron can you believe I was watching this stock all through this month doing my due diligence to decide whether to DCA further or cut losses, thanks for the amazing timing!
Best of luck! I'm in it with you
Thanks for this. Very interesting
Hi Cameron, thank you for the video. I love it. Could you please kindly make video about Tyson food(TSN). Thank you
Hi can you do Prudential
Love PRU
Hi Cameron, thank you for the great video! As someone with a background accounting, I really appreciate an understand the value you give us with your videos. It feels as if I should pay a lot for such quality content but you do it for free here on youtube. Thank you very much! I have a question that has been on my mind for some time now. Would it make sense to use the cashflow from operations without considering the changes from working capital since sometimes there are huge swings from one year to the other. That would mean starting from the net income and only adding Depreciation, amortisation, stock comp, etc but stopping before the working capital and then use that in your model?
yes, you can do that as well, however growing companies will generally have a small negative working capital balance as inventory and payables grow faster than AR.
Would like to see one on DFS.
Petmed express PETS cashflow positive no debt....
Thanks.
This is your first time covering or a re-upload? I thought I learned about this from you already. I been watching it
First time video. Discussed in the cash flow club before
Great stock analysis, I was wondering if you can review a stock call Scott's miracle grow (Smg)?
Hmm,I have put a comment here but it disappeared, you removed it? (there was nothing controversial in it, not sure what happened with it). Will summarize again: 1/ SWK restated earnings recently, 3 years EPS revision - what do you think about it? It was probably a genuine mistake, but it caused some concern among investors and raised questions about internal controls in their accounting dept. 2/ What about housing market problems - if people start refinancing their mortgages soon, won't they limit DYI-tools purchases? And the debt? it is a kind of bad combination, high debt, falling cashflow AND recession on the horizon 3/ Next stock to review, my suggestion - Allegion. Doors, locks etc, boring business (such are the best...), financials look healthy and the price approaches reasonable levels. Thanks.
SWK also states 8 billion goodwill, which is an astounding ammount considering the book value is only 24 billion.
@@andreasbrandstetter9272 goodwill is very stable at SWK, they have grown it very little over last decade. Not sure what you mean by "book value of 24 billion".
Thoughts on BAX?
thanks for the suggestion
I have inherited a somewhat large position in comics Phillips I would love a video on the name.
Hope that you will stay here for ages so I can build my financial wealth with your help. I would love to see if you do $ZIM stock review in the future.
Thank you very much Cameron! I also own Stanley Black and Decker and I think the recovery is a probable scenario. Can you do an analysis on Lincoln National Corporation? It also had a disastrous year and they also are expected to recover in 2023.
Cameron, this is fantastic analysis as always thank you. One question on your IRR calculation, i get the beginning and end stock price, but don’t quite follow why you don’t just take the dividends payment as the cashflow. Reason being as investor we don’t control all the free cash flow and therefore we dont get all the free cash flow 100% in between years. Or are you assuming that the part retained will grow the price to end stock price? Will be good to get your thoughts. Thanks
a company can buy back shares and the end price will be higher or they can acquire another business, and the end price will be higher. I’ve assumed a dividend for simplicity
Great thanks and got it :)
Thanks for the video, but your earliest statement that volume is not increasing is my greatest concern...and no real moat here.
Hmmm not sure I would say SWK is a value stock yet?
It needs to drop further 😉
Hi Cameron, I like how deep dive and fundamental analysis you do. I looked up your website. Very interesting offerings. Lmk if you're open to an offline chat.
email me at cashflowinvestingpro@gmail.com
Cameron, you should take a look at Canada Goose.
7$ for each future year when past has been erratic is optimistic imo.
Hi Cameron, i like watching your videos ! I allready learnd some things from you but i have allot to discover and learn to understand how to read reports from companys. I will be glad if you and your team go through $TMO reports and make a video like this one and previous one. Good job AMD keep up 👍🏼
U should analyze the 10-k of shwab, very scary
I did, did you watch?
@@CstewartCFA watching now
It would be great to see an analysis of Credit Acceptance Corporation (CACC). Thanks so much for this great work!
thanks for the suggestion
Bank of the Ozarks (OZK) might be cheap? I don't know if it just got caught in the down draft of the banking sector, or if it has problems like a couple of the others.
SWK looks like a cyclical stock.
thanks for watching.
SEMTECH corp :)