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Last €76.22 EUR
Change Today -2.53 / -3.21%
Volume 0.0
VAP On Other Exchanges
Symbol
Exchange
Frankfurt
As of 2:00 AM 05/28/15 All times are local (Market data is delayed by at least 15 minutes).

valspar corp/the (VAP) Snapshot

Open
€76.22
Previous Close
€78.75
Day High
€76.22
Day Low
€76.22
52 Week High
03/13/15 - €82.08
52 Week Low
05/28/14 - €54.45
Market Cap
6.2B
Average Volume 10 Days
0.0
EPS TTM
--
Shares Outstanding
81.2M
EX-Date
05/28/15
P/E TM
--
Dividend
€1.20
Dividend Yield
1.27%
Current Stock Chart for VALSPAR CORP/THE (VAP)

valspar corp/the (VAP) Related Businessweek News

No Related Businessweek News Found

valspar corp/the (VAP) Details

The Valspar Corporation develops, manufactures, and distributes a range of coatings, paints, and related products worldwide. It operates in two segments, Coatings and Paints. The Coatings segment offers decorative and protective coatings for metal, wood, and plastic primarily for original equipment manufacturing customers. Its products include primers, top coats, varnishes, sprays, stains, fillers, and other coatings used in manufacturing industries, such as agricultural and construction equipment, appliances, building products, furniture, metal fabrication, metal packaging, and transportation. This segment also provides color design and technical services. The Paints segment offers various paints, primers, topcoats, and aerosol spray paints through retailers, distribution networks, and company-owned stores under the VALSPAR, CABOT, HUARUN, WATTYL, SOLVER, PLASTI-KOTE, DE BEER, OCTORAL, and HOUSE OF KOLOR brands. The company also manufactures and sells specialty polymers and colorants, as well as sells furniture protection plans, and furniture care and repair products under the Guardsman brand. The company was founded in 1806 and is headquartered in Minneapolis, Minnesota.

10,513 Employees
Last Reported Date: 12/22/14
Founded in 1806

valspar corp/the (VAP) Top Compensated Officers

Chairman, Chief Executive Officer, President ...
Total Annual Compensation: $969.2K
Chief Financial & Administrative Officer and ...
Total Annual Compensation: $606.9K
Executive Vice President, General Counsel and...
Total Annual Compensation: $462.0K
Chief Technology Officer and Senior Vice Pres...
Total Annual Compensation: $358.1K
Senior Vice President of Human Resources
Total Annual Compensation: $358.3K
Compensation as of Fiscal Year 2014.

valspar corp/the (VAP) Key Developments

The Valspar Corporation Reports Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended May 01, 2015; Provides Earnings Guidance for the Fiscal Year 2015 and 2016

The Valspar Corporation reported unaudited consolidated earnings results for the second quarter and six months ended May 01, 2015. For the quarter, the company reported net sales of $1,079,289,000 compared to $1,155,826,000 a year ago. Income from operations was $155,909,000 compared to $143,074,000 a year ago. Income before income taxes was $133,974,000 compared to $127,000,000 a year ago. Net income was $90,314,000 or $1.09 per diluted share compared to $85,959,000 or $0.99 per diluted share a year ago. Capital expenditures were $23,360,000 compared to $29,630,000 a year ago. Adjusted EBIT was $156,465,000 compared to $151,612,000 a year ago. Adjusted net income was $92,163,000 or $1.11 per diluted share compared to $92,620,000 or $1.07 per diluted share a year ago. Fiscal second-quarter net income rose 5% year over year to but sales fell 7% because of currencies effects and lower volumes in the company's North American paints business. For the six months period, the company reported net sales of $2,093,958,000 compared to $2,134,943,000 a year ago. Income from operations was $313,265,000 compared to $238,634,000 a year ago. Income before income taxes was $275,980,000 compared to $206,257,000 a year ago. Net income was $194,288,000 or $2.33 per diluted share compared to $139,512,000 or $1.60 per diluted share a year ago. Capital expenditures were $41,199,000 compared to $50,621,000 a year ago. Adjusted EBIT was $273,328,000 compared to $258,607,000 a year ago. Adjusted net income was $163,039,000 or $1.96 per diluted share compared to $153,754,000 or $1.77 per diluted share a year ago. The company provided earnings guidance for the fiscal year 2015. For the year, the company expects diluted EPS of $4.79 to $4.94 and adjusted diluted EPS guidance of $4.45 to $4.65. The company is updating its fiscal 2015 annual sales guidance to reflect a sales decline in the “low single-digits” from fiscal 2014, compared to the previous guidance of “approximately flat sales”. Excluding the expected impact of currency translation, fiscal 2015 annual sales are expected to increase “low single digits”. More importantly, looking forward into fiscal 2016, preliminarily expect the acquisition to add approximately $35 million in EBITDA. From an EPS perspective, this would result in approximately $0.07 to $0.09 of adjusted EPS in fiscal 2016.

The Valspar Corporation Declares Quarterly Dividend, Payable on June 15, 2015

The Valspar Corporation announced that its Board of Directors declared a quarterly dividend of $0.30 per share on the company's common stock. The dividend is payable on June 15, 2015, to shareholders of record on June 1, 2015.

The Valspar Corporation to Report Q2, 2015 Results on May 27, 2015

The Valspar Corporation announced that they will report Q2, 2015 results at 11:00 AM, US Eastern Standard Time on May 27, 2015

 

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Industry Analysis

VAP

Industry Average

Valuation VAP Industry Range
Price/Earnings 18.5x
Price/Sales 1.5x
Price/Book 7.3x
Price/Cash Flow 17.6x
TEV/Sales 1.1x
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