Hillman Solutions Corp. (HLMN)
Industrials · NGM · US
Fundamentals
Valuation and ratings
Hillman Solutions Corp. trades at USD8.09, which is 23% above the USD6.19 our discounted cash flow model puts on the business. On that measure it screens as expensive, which is not the same as saying it will fall.
Our moat model scores it 37 out of 100, which is little in the way of a moat. A moat is a structural reason competitors cannot take the profits away, and it matters more to a long holding period than any single quarter's numbers do.
It changes hands at 44.4 times earnings. Be careful reading that in isolation: for a cyclical business a low P/E arrives at the top of the cycle, when profits are peaking and about to fall, which is exactly when the shares look cheapest and are not.
About Hillman Solutions Corp.
Hillman Solutions Corp., together with its subsidiaries, provides hardware-related products and related merchandising services in the United States, Canada, Mexico, Latin America, and the Caribbean. The company offers automotive products, such as belts and chains, brake and fuel lines, and carburetor and throttles; clamps, clips, and couplers; spacers, bushings, and bearings; and thread repair, electrical, plugs, and wheel parts. It also provides fuses, breakers, and switches; cables and wires; grommets; light bulbs and indicators; sockets and adaptors; engraving products; fasteners, including anchors, bolts, drill bits, hurricanes, nails, pins, rings, rivets, screws, sockets, spacers, staples, threaded inserts and rods, ties, tools/brushes, washers, wire hardware, and wood parts; and fluid flow components. In addition, the company offers hardware products comprising connections, caps and plugs, door and windows, fences, garage doors, gates, household, interiors, knobs and handles, magnets, rail, gangers, reinforcements, security, shims and wedges, and springs products; key accessories; markers/reflectors, numbers, letters, plaques, signs, stencils, survey and flagging tapes; fittings, connectors, torches, and burners liquefied petroleum gas products; and wall hangings consists of adhesives, frame hardware, hooks, kits, mirror, picture hanging, tool-free mounting, and wall hanging accessories. Further, it provides plumbing products; power tool accessories; rods, shapes, and sheets; and safety and security products. It offers its products under the Power Pro, All Points, OOK, Hardware Essentials, Fastening Systems, Paulin, The Steel Works, Deck Plus, Grease Monkey, Firm Grip, Magnifeye, True Grip, AWP, Shaded Eye, McGuire-Nicholas, Gorilla Grip, intex, Axxess+, resharp, minuteokay, OTR, Digz, Fas-n-Tite, Ozco, High & Mighty, Premium Defense, Keykrafter, KeyHero, Quick-Tag, TagWorks, and FIDO brand names. Hillman Solutions Corp. is headquartered in Cincinnati, Ohio.
HLMN passes 1 of our 30 screens today
Each screen prints the exact criteria it used, and the circumstances in which it is wrong.
Super investor ownership
7 of the funds we track reported a position in their latest SEC 13F filing. Largest first:
- Burgundy Asset Management, Burgundy Asset Management Ltd.$110.31M · 1.0% of book
- Ken Griffin, CITADEL ADVISORS LLC$15.35M · 0.0% of book
- Steve Cohen, Point72 Asset Management, L.P.$14.65M · 0.0% of book
- D. E. Shaw, D. E. Shaw & Co., Inc.$9.41M · 0.0% of book
- Arrowstreet Capital, ARROWSTREET CAPITAL, LIMITED PARTNERSHIP$9.10M · 0.0% of book
A word of warning on reading these figures: a 13F reports the market value of a holding, so a fund that traded nothing at all still appears to have sold when the price fell. We found 102 companies where the standard reading gives the opposite answer. Only the share count is honest.
Common questions
Is Hillman Solutions Corp. (HLMN) undervalued?
Against our discounted cash flow estimate of USD6.19, HLMN at USD8.09 is 23% above fair value. That is one model's answer, not a recommendation, and most of a DCF's output sits in a terminal value nobody can forecast.
Which funds own HLMN?
7 of the institutions we track reported a position in HLMN in their most recent SEC 13F filing. A 13F is filed up to 45 days after quarter end, so it tells you what a fund held then, not what it holds now.
What is HLMN's P/E ratio?
HLMN trades at 44.4 times earnings. A low P/E is not automatically cheap: on a cyclical company it is usually a warning that earnings are at a peak.
The full research page for HLMN, with financial statements, ownership detail, peer comparison and alerts, is free inside the app.
Data from company filings, exchange quotes and SEC EDGAR 13F disclosures. Quotes are delayed. Metrics we do not have are left out rather than estimated. Educational information, not financial advice.