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Upturn AI SWOT - About
SPLP 
Steel Partners Holdings LP (SPLP)
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Upturn Advisory Summary
04/01/2025: SPLP (1-star) is currently NOT-A-BUY. Pass it for now.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
AI Based Fundamental Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
Analysis of Past Performance
Type Stock | Historic Profit -51.41% | Avg. Invested days 26 | Today’s Advisory PASS |
Upturn Star Rating | Upturn Advisory Performance  1.0 | Stock Returns Performance  1.0 |
| Profits based on simulation | Last Close 04/01/2025 |
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 800.09M USD | Price to earnings Ratio 3.69 | 1Y Target Price - |
Price to earnings Ratio 3.69 | 1Y Target Price - | ||
Volume (30-day avg) 872 | Beta 1.37 | 52 Weeks Range 34.55 - 48.45 | Updated Date 04/1/2025 |
52 Weeks Range 34.55 - 48.45 | Updated Date 04/1/2025 | ||
Dividends yield (FY) - | Basic EPS (TTM) 11.12 |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Revenue by Geography
Geography revenue - Year on Year
Earnings Date
Report Date 2025-03-06 | When Before Market | Estimate - | Actual 3.4031 |
Profitability
Profit Margin 12.9% | Operating Margin (TTM) 13.41% |
Management Effectiveness
Return on Assets (TTM) 3.82% | Return on Equity (TTM) 24.9% |
Valuation
Trailing PE 3.69 | Forward PE - | Enterprise Value 552082046 | Price to Sales(TTM) 0.39 |
Enterprise Value 552082046 | Price to Sales(TTM) 0.39 | ||
Enterprise Value to Revenue 0.27 | Enterprise Value to EBITDA 1.45 | Shares Outstanding 19075000 | Shares Floating 2805931 |
Shares Outstanding 19075000 | Shares Floating 2805931 | ||
Percent Insiders 49.69 | Percent Institutions 39.96 |
Analyst Ratings
Rating - | Target Price - | Buy - | Strong Buy - |
Buy - | Strong Buy - | ||
Hold - | Sell - | Strong Sell - | |
Strong Sell - |
Upturn AI SWOT
Steel Partners Holdings LP
Company Overview
History and Background
Steel Partners Holdings LP was founded in 1993 by Warren Lichtenstein. Initially focused on distressed investing, it has evolved into a diversified holding company with interests across various industries. Early milestones included successful turnarounds of undervalued companies. The company expanded its portfolio through strategic acquisitions and operational improvements.
Core Business Areas
- Diversified Industrial: This segment encompasses businesses involved in the manufacturing of engineered components, industrial products, and defense-related equipment. Key offerings include high-performance alloys, specialty metals, and precision-engineered parts.
- Energy: Investments in energy-related companies, often focused on oilfield services and equipment.
- Financial Services: The Company also has investments in financial services, including insurance and asset management.
- Consumer Products: Investments in consumer product companies.
Leadership and Structure
Warren Lichtenstein serves as the Executive Chairman. The company operates with a decentralized management structure, empowering subsidiary management teams while maintaining oversight from the corporate level.
Top Products and Market Share
Key Offerings
- Engineered Components: Steel Partners' engineered components are used in various industries, including aerospace, defense, and automotive. Market share is difficult to pinpoint exactly due to the diverse nature of the components, but the sector is highly competitive. Competitors include Alcoa, Precision Castparts Corp (Berkshire Hathaway), and Howmet Aerospace.
- Industrial Products: This includes a range of industrial products such as fasteners, tools, and other supplies. Market share varies by specific product line, with competition from companies like Fastenal and W.W. Grainger.
- Defense Related Equipment: Equipment and technology for the defense industry.
Market Dynamics
Industry Overview
The diversified industrial sector is influenced by global economic conditions, commodity prices, and technological advancements. The energy sector is driven by oil and gas prices and demand. The financial services sector is affected by interest rates and market conditions.
Positioning
Steel Partners Holdings LP positions itself as an opportunistic investor and operator, focusing on acquiring and improving undervalued businesses. Their competitive advantage lies in their operational expertise and ability to identify turnaround opportunities.
Total Addressable Market (TAM)
The TAM varies significantly by segment. The diversified industrial TAM is in the trillions globally. Steel Partners is positioned to capture a small fraction of this, focusing on niche markets and specialized products.
Upturn SWOT Analysis
Strengths
- Diversified portfolio
- Experienced management team
- Operational expertise
- Strong balance sheet
Weaknesses
- Complex organizational structure
- Dependence on acquisitions for growth
- Exposure to cyclical industries
- Lack of brand recognition
Opportunities
- Further acquisitions of undervalued businesses
- Expansion into new markets
- Leveraging technology to improve operations
- Capitalizing on industry consolidation
Threats
- Economic downturn
- Increased competition
- Fluctuations in commodity prices
- Regulatory changes
Competitors and Market Share
Key Competitors
- Berkshire Hathaway (BRK.A)
- Icahn Enterprises (IEP)
- 3G Capital (Not Publicly Traded)
Competitive Landscape
Steel Partners Holdings LP faces competition from other diversified holding companies and private equity firms. Its advantages include its operational expertise and focus on undervalued businesses. A disadvantage can be smaller scale than some competitors.
Major Acquisitions
Handy & Harman Ltd.
- Year: 2017
- Acquisition Price (USD millions): 406
- Strategic Rationale: Expanded Steel Partners Holdings' presence in the diversified industrial sector.
Growth Trajectory and Initiatives
Historical Growth: Historical growth has been driven primarily by acquisitions.
Future Projections: Future growth is expected to continue to rely on strategic acquisitions and operational improvements. Analyst estimates are available from various financial data providers.
Recent Initiatives: Recent initiatives include focusing on improving operational efficiency and integrating recent acquisitions.
Summary
Steel Partners Holdings LP is a diversified holding company that is focused on undervalued businesses. Its operational expertise and strategic acquisitions have aided it. However, it must carefully manage its complex organizational structure and dependence on acquisitions for growth, including keeping a close watch on economic cycles.
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Sources and Disclaimers
Data Sources:
- Steel Partners Holdings LP's Investor Relations
- SEC Filings
- MarketWatch
- Yahoo Finance
Disclaimers:
This analysis is for informational purposes only and does not constitute investment advice. Market share estimates are approximate and may vary. Financial data should be verified with official sources.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Steel Partners Holdings LP
Exchange NYSE | Headquaters New York, NY, United States | ||
IPO Launch date 2012-04-10 | CEO - | ||
Sector Industrials | Industry Conglomerates | Full time employees 5200 | Website https://www.steelpartners.com |
Full time employees 5200 | Website https://www.steelpartners.com | ||
Steel Partners Holdings L.P., together with its subsidiaries, engages in industrial products, energy, banking, defense, supply chain management, logistics, and youth sports businesses worldwide. It operates through Diversified Industrial, Energy, and Financial Services segments. The company fabricates precious metals and alloys into brazing alloys; manufactures and sells seamless stainless steel tubing coils; mechanical and fluid-carrying welded low carbon tubing for automotive, heavy truck, heating, cooling and oil and gas markets; fasteners, adhesives, and fastening systems for the commercial low slope roofing industry, as well as specialty fasteners for the building products industry; and woven substrates of fiberglass, quartz, carbon, and aramid materials. It also designs, manufactures, and markets power electronics and protection, motion control, power quality electromagnetic equipment, custom ball-screws, gears, and gearboxes used in medical, commercial and military aerospace, computer, datacom, industrial, specialty LED lighting, test and measurement, and telecom applications. In addition, the company provides meat-room blade products, repair services, and distributed products for the meat and deli departments of supermarkets, restaurants, and meat and fish processing plants, and electrical saws and cutting equipment distributors; cutting blades for bakeries; and wood cutting blade products for the pallet manufacturing and recycler, and portable saw mill industries. Further, it offers coated, laminated, and metallized films for engineered applications; and drilling and production services to oil and gas exploration and production companies. The company also originates and funds consumer and small business loans; issues credit cards; takes deposits; participates in syndicated commercial and industrial, and asset based credit facilities and securitizations; and offers finance solutions. The company was founded in 1990 and is based in New York, New York.
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