4 models fit Spectrum Brands Holdings Inc. Common Stock and they partly agree: 2 of 4 land within 15% of the average.
Two or more of our models back this value.
Near fair value(i)Bronze55
Valued as a mature, profitable company: Discounted cash flow, P/E comparison, EV/EBITDA comparison, Graham number, and Dividend discount.
ACCE opinionSpectrum Brands Holdings Inc. Common Stock (SPB)
Fair value (4 models)
$74.86
ACCE price target
$80.00
Rating
Fairly valued
Horizon
12 months
Fair value published on 20 Oct 2026, 16:04 CEST; previously $73.47 since 16 Oct 2026, 00:00 CEST.
ACCE price target published on 11 Oct 2026, 00:00 CEST.
Rating published on 20 Oct 2026, 16:04 CEST.
Price used: $79.86 at the close on 23 Oct 2026, 22:00 CEST.
Models: Discounted cash flow, P/E comparison, EV/EBITDA comparison, and Graham number.
Fair value: the average of the applicable valuation models (discounted cash flow, multiples, residual income, dividend discount, shareholder yield), each run on the latest financial statements and the market price shown. Opinion columns (fair value, target, rating) are shown apart from the data. Full methodology: acceinvestments.com/data/how-we-value-stocks
Conflicts of interest: The author holds no personal position in this security. General statement
Produced by ACCE Investments (acceinvestments.com)
Data
Price vs fair value
6.7% above
-6.3% to fair value
ACCE score
66
out of 100
Analysts
56% buy
9 covering
P/E
24.4x
forward 15.2x
1-year return
+44.5%
Dividend yield
2.38%
Spectrum Brands Holdings Inc. Common Stock in four questions
Plain answers, details below
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Overview
ACCE thesis
Spectrum Brands makes consumer household and home products, including Rayovac batteries, Remington grooming tools, George Foreman and Black+Decker-licensed small appliances, and HHI home and garden items such as Yard Tuff and Pure Pet hydration products. Its edge is brand breadth in mass retail, where shelf position and replacement cycles for batteries and personal care give it recurring demand that is hard for private-label rivals to dislodge. Revenue growth of 7.7% is the highest in this group of data points, and the stock trades at 15.2 times forward earnings against 23.8 times trailing, so the market is pricing in a meaningful earnings recovery from a depressed base. The thesis hinges on whether operating margin of 8.8% (against a 37.5% gross margin) can keep widening as restructuring and the home and garden portfolio pruning flow through, which is the question a deeper look needs to answer. With return on equity at 4.5% and a market cap of about 1.8 billion dollars, this is a leveraged, low-return business whose upside depends on execution rather than on a clean secular tailwind.
⚠ Investor warnings · 2 flagsAI-assisted·How I use AI
high
Short interest elevated
Short interest is 19.9% of float, a large bearish position in a $1.8B company. Combined with a 10-point score drop over 90 days, the stock is exposed to sharp moves.
moderate
Thin profitability and weak quality
Net margin is 2.8% and ROE is 4.5%, while the 5-year revenue CAGR is only 1.4%. The 2634% earnings jump off a low base flatters the year-over-year figure.
AI research notes
AI-assisted·How I use AIWritten Oct 13, 2026 · figures from 2026-06-30 · prices to Oct 23, 2026
Why it could do well
Free cash flow over the last twelve months reached $166M, and the stock's free cash flow yield stands at 9.3%.
Analysts' mean price target of $99.00 sits 28.4% above the current share price, and half of covering analysts rate the stock Buy or Strong Buy.
The company beat its latest earnings estimate by 87.2%, reporting $2.79 per share against $1.49 expected.
Why it could disappoint
Net margin is only 2.8%, and return on equity of 4.5% is weak for a consumer products business.
The consensus fair value of $74.61 sits 3.2% below the $77.08 share price, so the stock screens as slightly overvalued.
Revenue growth averaged just 1.4% per year over five years, far below the 7.7% reported in the latest year.
Each chip shows the exact figure and where it comes from. A claim without a source is not published.
Next results
Nov 12, 2026
We update the fair value about 2 days after the results, once the new figures are filed.Add to calendarGoogle
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Valuation
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Where SPB's valuation models land
Price
$79.86
Model fair value
$74.86
Model range
$41.56 to $107
Fair value $74.86
Price $79.86
The price sits inside the model range.
Model
Fair value
Upside
Discounted cash flow
Dividend discount
EV/EBITDA comparison
Graham number
P/E comparison
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Quality
INVESTOR
Quality and conviction INVESTOR FEATURE
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+Conviction breakdown and growth / value / quality / momentum scores