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Libbey

DB:LB7
Snowflake Description

Mediocre balance sheet with weak fundamentals.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
LB7
DB
$37M
Market Cap
  1. Home
  2. DE
  3. Consumer Durables
Company description

Libbey Inc. designs, produces, and sells tableware and other products in the United States, Canada, Latin America, Europe, the Middle East, Africa, and internationally. The last earnings update was 20 days ago. More info.


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  • Libbey has significant price volatility in the past 3 months.
LB7 Share Price and Events
7 Day Returns
3.5%
DB:LB7
0.5%
DE Consumer Durables
-0.3%
DE Market
1 Year Returns
-74.7%
DB:LB7
4%
DE Consumer Durables
10.4%
DE Market
LB7 Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Libbey (LB7) 3.5% -19.3% -2.9% -74.7% -91.6% -93.9%
DE Consumer Durables 0.5% 5.1% 4.1% 4% -3% 13.6%
DE Market -0.3% 4.2% 12.4% 10.4% 13.9% 17.1%
1 Year Return vs Industry and Market
  • LB7 underperformed the Consumer Durables industry which returned 4% over the past year.
  • LB7 underperformed the Market in Germany which returned 10.4% over the past year.
Price Volatility
LB7
Industry
5yr Volatility vs Market

Value

 Is Libbey undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.

In this section, we usually try to help investors determine whether Libbey is trading at an attractive price based on the cash flow it is expected to produce in the future. But as Libbey has not provided consistent financial data, and the stock also has no analyst forecast or coverage, its intrinsic value cannot be reliably calculated by extrapolating past data or using analyst consensus cash flow predictions.

This is quite a rare situation as 89% of companies covered by Simply Wall St do have a valuation analysis. You can see them here.

Show me the analysis anyway

INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for Libbey. This is due to cash flow or dividend data being unavailable. The share price is €1.46.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Libbey's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Libbey's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
DB:LB7 PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-09-30) in USD $-2.49
AMEX:LBY Share Price ** AMEX (2019-11-19) in USD $1.65
Germany Consumer Durables Industry PE Ratio Median Figure of 8 Publicly-Listed Consumer Durables Companies 16.53x
Germany Market PE Ratio Median Figure of 402 Publicly-Listed Companies 19.74x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Libbey.

DB:LB7 PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= AMEX:LBY Share Price ÷ EPS (both in USD)

= 1.65 ÷ -2.49

-0.66x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Libbey is loss making, we can't compare its value to the DE Consumer Durables industry average.
  • Libbey is loss making, we can't compare the value of its earnings to the Germany market.
Price based on expected Growth
Does Libbey's expected growth come at a high price?
Raw Data
DB:LB7 PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -0.66x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts
Not available
Germany Consumer Durables Industry PEG Ratio Median Figure of 5 Publicly-Listed Consumer Durables Companies 1x
Germany Market PEG Ratio Median Figure of 258 Publicly-Listed Companies 1.36x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Libbey, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Libbey's assets?
Raw Data
DB:LB7 PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-09-30) in USD $-0.47
AMEX:LBY Share Price * AMEX (2019-11-19) in USD $1.65
Germany Consumer Durables Industry PB Ratio Median Figure of 12 Publicly-Listed Consumer Durables Companies 1.69x
Germany Market PB Ratio Median Figure of 578 Publicly-Listed Companies 1.88x
DB:LB7 PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= AMEX:LBY Share Price ÷ Book Value per Share (both in USD)

= 1.65 ÷ -0.47

-3.5x

* Primary Listing of Libbey.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Libbey has negative assets, we can't compare the value of its assets to the DE Consumer Durables industry average.

Next steps:

  1. When valuing a company like this, investors focus more on how they perceive the size of the opportunity, the company's ability to deliver and scale, and the strength of the team. While we are not analysing this type of data at the moment, if you don’t know where to start, we recommend reading through Libbey's regulatory filings and announcements.
  2. Show me more potentially undervalued companies in the Consumer Durables industry
  3. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Value checks
We assess Libbey's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Consumer Durables industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Consumer Durables industry average (and greater than 0)? (1 check)
  5. Libbey has a total score of 0/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is Libbey expected to perform in the next 1 to 3 years based on estimates from 1 analyst?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
1.9%
Expected annual growth in revenue.
Earnings growth vs Low Risk Savings
Is Libbey expected to grow at an attractive rate?
  • Unable to compare Libbey's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Libbey's earnings growth to the Germany market average as no estimate data is available.
  • Libbey's revenue growth is positive but not above the Germany market average.
Annual Growth Rates Comparison
Raw Data
DB:LB7 Future Growth Rates Data Sources
Data Point Source Value (per year)
DB:LB7 Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 1 Analysts 1.9%
Germany Consumer Durables Industry Earnings Growth Rate Market Cap Weighted Average 14%
Germany Consumer Durables Industry Revenue Growth Rate Market Cap Weighted Average 4.3%
Germany Market Earnings Growth Rate Market Cap Weighted Average 12.5%
Germany Market Revenue Growth Rate Market Cap Weighted Average 4.8%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
DB:LB7 Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (1 month ago) See Below
Future Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
DB:LB7 Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2020-12-31 806 1
2019-12-31 791 54 1
2019-11-19
DB:LB7 Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2019-09-30 788 42 -56
2019-06-30 787 37 -57
2019-03-31 794 26 -10
2018-12-31 801 37 -8
2018-09-30 814 37 -11
2018-06-30 810 36 -85
2018-03-31 794 38 -90
2017-12-31 785 45 -93
2017-09-30 767 55 -88
2017-06-30 776 61 -7
2017-03-31 786 82 3
2016-12-31 796 84 10

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Libbey is high growth as no earnings estimate data is available.
  • Libbey's revenue is expected to grow by 1.9% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
DB:LB7 Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (1 month ago) See Below
Future Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below

All data from Libbey Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:LB7 Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2020-12-31
2019-12-31
2019-11-19
DB:LB7 Past Financials Data
Date (Data in USD Millions) EPS *
2019-09-30 -2.49
2019-06-30 -2.57
2019-03-31 -0.43
2018-12-31 -0.36
2018-09-30 -0.50
2018-06-30 -3.84
2018-03-31 -4.07
2017-12-31 -4.24
2017-09-30 -4.02
2017-06-30 -0.31
2017-03-31 0.13
2016-12-31 0.46

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Libbey will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess Libbey's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Germany market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Germany market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Libbey has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Libbey performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Libbey's growth in the last year to its industry (Consumer Durables).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Libbey does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare Libbey's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Libbey's 1-year growth to the DE Consumer Durables industry average as it is not currently profitable.
Earnings and Revenue History
Libbey's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Libbey Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:LB7 Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-09-30 788.24 -55.79 119.33 3.60
2019-06-30 786.57 -57.29 121.06 3.60
2019-03-31 794.07 -9.54 123.67 3.60
2018-12-31 801.09 -7.96 122.54 3.60
2018-09-30 813.53 -11.08 123.40 3.00
2018-06-30 810.37 -84.94 122.74 3.00
2018-03-31 794.16 -89.76 120.51 3.00
2017-12-31 785.16 -93.37 122.51 3.00
2017-09-30 766.97 -88.47 119.38 4.30
2017-06-30 776.15 -6.74 117.39 4.30
2017-03-31 786.46 2.79 116.83 4.30
2016-12-31 796.21 10.07 112.16 4.30
2016-09-30 809.52 44.43 111.07 6.10
2016-06-30 814.46 58.24 109.36 6.10
2016-03-31 820.68 63.94 111.75 6.10
2015-12-31 825.23 66.33 116.72 6.10
2015-09-30 837.46 53.98 119.35 6.20
2015-06-30 851.83 51.02 122.00 6.20
2015-03-31 861.47 11.46 119.35 6.20
2014-12-31 855.89 4.96 114.06 6.20
2014-09-30 845.65 -5.51 110.19 3.40
2014-06-30 834.08 -14.52 105.68 3.40
2014-03-31 820.32 23.09 102.09 3.40
2013-12-31 822.16 28.46 99.61 3.40
2013-09-30 819.96 20.78 102.27 2.90
2013-06-30 824.81 30.89 102.82 2.90
2013-03-31 824.14 8.31 103.06 2.90
2012-12-31 828.45 6.97 104.79 2.90

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Libbey has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) due to its liabilities exceeding its assets.
  • It is difficult to establish if Libbey has efficiently used its assets last year compared to the DE Consumer Durables industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Libbey improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Libbey's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Consumer Durables industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Libbey has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Libbey's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Libbey's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Libbey is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Libbey's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of Libbey's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Libbey has negative shareholder equity (liabilities exceed assets) therefore debt is not covered by short term assets.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Libbey Company Filings, last reported 1 month ago.

DB:LB7 Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-09-30 -10.55 432.20 27.67
2019-06-30 -2.67 437.26 32.30
2019-03-31 43.66 430.82 15.64
2018-12-31 49.89 403.41 26.49
2018-09-30 62.17 411.06 20.64
2018-06-30 69.12 403.71 20.92
2018-03-31 68.06 412.40 26.31
2017-12-31 66.89 384.39 24.70
2017-09-30 70.81 399.83 21.57
2017-06-30 146.80 397.77 28.17
2017-03-31 140.67 403.32 33.74
2016-12-31 145.12 409.88 61.01
2016-09-30 159.15 419.25 42.67
2016-06-30 155.53 425.41 46.45
2016-03-31 148.42 430.44 25.57
2015-12-31 148.38 433.40 49.04
2015-09-30 99.08 447.42 30.10
2015-06-30 84.87 452.21 31.35
2015-03-31 65.56 443.29 18.62
2014-12-31 77.45 437.93 60.04
2014-09-30 117.39 454.55 24.09
2014-06-30 108.26 455.94 23.21
2014-03-31 129.67 413.80 24.47
2013-12-31 130.81 413.98 42.21
2013-09-30 68.76 423.76 29.47
2013-06-30 52.88 431.53 10.54
2013-03-31 28.21 466.21 45.95
2012-12-31 24.48 466.47 67.21
  • Libbey has negative shareholder equity (liabilities exceed assets), this is a more serious situation compared with a high debt level.
  • Irrelevant to check if Libbey's debt level has increased considering it has negative shareholder equity.
CASH RUNWAY ANALYSIS

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

  • Whilst loss making Libbey has sufficient cash runway for more than 3 years if it maintains the current positive free cash flow level.
  • Whilst loss making Libbey has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 113.2% per year.
X
Financial health checks
We assess Libbey's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Libbey has a total score of 3/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is Libbey's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Libbey dividends.
If you bought €2,000 of Libbey shares you are expected to receive €0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Libbey's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Libbey's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
DB:LB7 Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below
Germany Consumer Durables Industry Average Dividend Yield Market Cap Weighted Average of 6 Stocks 3.1%
Germany Market Average Dividend Yield Market Cap Weighted Average of 335 Stocks 2.9%
Germany Minimum Threshold Dividend Yield 10th Percentile 0.7%
Germany Bottom 25% Dividend Yield 25th Percentile 1.3%
Germany Top 25% Dividend Yield 75th Percentile 3.7%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

DB:LB7 Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
2020-12-31
2019-12-31
2019-11-19
DB:LB7 Past Annualized Dividends Data
Date (Data in $) Dividend per share (annual) Avg. Yield (%)
2019-10-30 0.000 0.000
2019-10-28 0.000 0.000
2019-08-01 0.000 0.000
2019-05-01 0.000 0.000
2019-04-30 0.000 0.000
2019-02-27 0.000 0.000
2019-02-20 0.000 0.000
2018-11-06 0.000 0.000
2018-05-21 0.000 0.000
2018-02-06 0.470 7.679
2017-10-24 0.470 6.528
2017-07-25 0.470 5.461
2017-05-17 0.470 5.813
2017-02-07 0.470 3.701
2016-10-25 0.460 2.535
2016-07-26 0.460 2.622
2016-05-10 0.460 2.745
2016-05-03 0.460 2.612
2016-04-28 0.460 2.517
2015-10-27 0.440 2.245
2015-07-28 0.440 1.264
2015-05-12 0.440 1.099
2015-02-27 0.440 1.126
2011-02-09 0.000 0.000
2010-11-05 0.000 0.000
2010-10-20 0.000 0.000
2010-07-30 0.000 0.000
2010-07-29 0.000 0.000
2010-05-10 0.000 0.000
2010-04-29 0.000 0.000
2010-03-15 0.000 0.000
2010-02-10 0.000 0.000
2009-11-09 0.000 0.000
2009-10-29 0.000 0.000
2009-08-07 0.000 0.000
2009-07-30 0.000 0.000
2009-02-11 0.000 0.000

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Libbey has not reported any payouts.
  • Unable to verify if Libbey's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Libbey's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Libbey has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Libbey's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.7%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Libbey afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Libbey has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of Libbey's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Mike Bauer
AGE 54
TENURE AS CEO 0.7 years
CEO Bio

Mr. Michael P. Bauer, also known as Mike, is the Chief Executive Officer at Libbey Inc. since March 25, 2019. Mr. Bauer was President of The Master Lock Company LLC since December 2014 until 2018. Mr. Bauer was responsible for all aspects of the global consumer goods manufacturer, including the marketing and distribution of locks, safes and other mechanical, electromechanical and digital security products. Mr. Bauer has experience with leading consumer product manufacturers. Prior to joining Master Lock in December 2014, He has been with Moen for more than 17 years and has been the leader for all U.S. businesses. Mr. Bauer served a variety of roles within Moen including Vice President and General Manager of U.S. Retail, Senior Director of Marketing for U.S. Wholesale and for the Accessory Business Unit, and Director of Finance and Operations for Accessories. Mr. Bauer joined Moen as corporate controller in 1997. From April 2011 through December 2014, Mr. Bauer served as the President of the U.S. Businesses at Moen Incorporated, a subsidiary of Fortune Brands since 2011. Mr. Bauer served at Nook Industries, Avery Dennison Corporation and Coopers and Lybrand. Mr. Bauer holds a B.B.A. in Accounting from Cleveland State University and an MBA in Finance from Case Western Reserve University in Cleveland, Ohio.

CEO Compensation
  • Insufficient data for Mike to compare compensation growth.
  • Insufficient data for Mike to establish whether their remuneration is reasonable compared to companies of similar size in Germany.
Management Team Tenure

Average tenure and age of the Libbey management team in years:

1.2
Average Tenure
54
Average Age
  • The average tenure for the Libbey management team is less than 2 years, this suggests a new team.
Management Team

Bill Foley

TITLE
Executive Chairman
COMPENSATION
$3M
AGE
71
TENURE
0.7 yrs

Jim Burmeister

TITLE
Senior VP
COMPENSATION
$786K
AGE
51
TENURE
2.7 yrs

Susan Kovach

TITLE
Senior VP
COMPENSATION
$713K
AGE
59
TENURE
15.3 yrs

Sarah Zibbel

TITLE
Senior VP & Chief Human Resources Officer
COMPENSATION
$662K
TENURE
1.6 yrs

Mike Bauer

TITLE
CEO & Director
AGE
54
TENURE
0.7 yrs

Dave Anderson

TITLE
VP & Chief Information Officer
TENURE
2.4 yrs

Christine Perry

TITLE
VP of Sales for U.S. & Canada

Klay Huddleston

TITLE
Senior VP & Chief Marketing Officer
AGE
48
TENURE
0.8 yrs

Mike Lindsey

TITLE
VP & Corporate Controller

Jennifer Jaffee

TITLE
VP, Associate General Counsel & Corporate Secretary
TENURE
0.1 yrs
Board of Directors Tenure

Average tenure and age of the Libbey board of directors in years:

5
Average Tenure
65.5
Average Age
  • The tenure for the Libbey board of directors is about average.
Board of Directors

Mike Bauer

TITLE
CEO & Director
AGE
54
TENURE
0.8 yrs

John Orr

TITLE
Lead Director
COMPENSATION
$177K
AGE
68
TENURE
3.8 yrs

Bill Foley

TITLE
Executive Chairman
COMPENSATION
$3M
AGE
71
TENURE
8.3 yrs

Ginger Jones

TITLE
Independent Director
COMPENSATION
$156K
AGE
55
TENURE
6.3 yrs

Steve Nave

TITLE
Independent Director
COMPENSATION
$136K
AGE
49
TENURE
2.5 yrs

Carol Moerdyk

TITLE
Independent Director
COMPENSATION
$141K
AGE
69
TENURE
21.8 yrs

Debbie Miller

TITLE
Independent Director
COMPENSATION
$141K
AGE
69
TENURE
16.3 yrs

Eileen Mallesch

TITLE
Independent Director
COMPENSATION
$144K
AGE
63
TENURE
3.5 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month open market individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
12. Jul 19 Sell Brigade Capital Management, LP Company 10. Jul 19 11. Jul 19 -111,564 €1.71 €-179,578
10. May 19 Buy Michael Bauer Individual 09. May 19 10. May 19 10,000 €2.27 €22,618
10. May 19 Buy Ginger Jones Individual 10. May 19 10. May 19 7,000 €2.25 €15,753
21. Mar 19 Buy James Burmeister Individual 15. Mar 19 15. Mar 19 3,000 €2.92 €8,757
14. Mar 19 Buy William Foley Individual 14. Mar 19 14. Mar 19 3,000 €2.96 €8,866
14. Mar 19 Buy John Orr Individual 13. Mar 19 13. Mar 19 1,000 €3.04 €3,037
17. Dec 18 Buy Brigade Capital Management, LP Company 13. Dec 18 13. Dec 18 130,000 €4.98 €648,019
X
Management checks
We assess Libbey's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Libbey has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Company Info

Description

Libbey Inc. designs, produces, and sells tableware and other products in the United States, Canada, Latin America, Europe, the Middle East, Africa, and internationally. It offers glass tableware products, including tumblers, stemware, mugs, bowls, vases, salt and pepper shakers, shot glasses, canisters, candleholders, and other items; storage ware; serve ware; bakeware; handmade glass tableware; and other components for original equipment manufacturers, such as blender jars and mixing bowls. The company also provides ceramic dinnerware products comprising plates, bowls, platters, cups, saucers, and other tabletop accessories; metal flatware consisting of knives, forks, spoons, and serving utensils; and metal hollowware, such as serving trays, pitchers, and other metal tabletop accessories. In addition, it distributes fine stemware and other drinkware assortments; upscale serve ware, decorative products, stemware, and drinkware for finer dining establishments; porcelain and bone China products; and teaware products, such as tea pots, cups, saucers, and infusers. The company offers its products under the Libbey, Libbey Signature, Master's Reserve, World Tableware, Syracuse China, Crisa, Royal Leerdam, and Crisal Glass brand names. It markets its products to foodservice distributors, mass merchants, department stores, pure play e-commerce retailers or marketers, retail and wholesale distributors, national retail chains and specialty housewares stores, decorators, breweries, distilleries, craft industries, gourmet food-packing companies, and companies using glass containers for candle and floral applications. Libbey Inc. was founded in 1818 and is headquartered in Toledo, Ohio.

Details
Name: Libbey Inc.
LB7
Exchange: DB
Founded: 1818
$33,290,874
22,355,997
Website: http://www.libbey.com
Address: Libbey Inc.
300 Madison Avenue,
Toledo,
Ohio, 43604,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
AMEX LBY Common Stock NYSE MKT LLC US USD 18. Jun 1993
DB LB7 Common Stock Deutsche Boerse AG DE EUR 18. Jun 1993
Number of employees
Current staff
Staff numbers
6,083
Libbey employees.
Industry
Housewares and Specialties
Consumer Durables
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/11/19 21:26
End of day share price update: 2019/11/19 00:00
Last estimates confirmation: 2019/10/29
Last earnings filing: 2019/10/30
Last earnings reported: 2019/09/30
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.