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Castle Brands

DB:C7Z
Snowflake Description

Acceptable track record with imperfect balance sheet.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
C7Z
DB
$211M
Market Cap
  1. Home
  2. DE
  3. Food, Beverage & Tobacco
Company description

Castle Brands Inc., together with its subsidiaries, develops, markets, imports, and sells beverage alcohol and non-alcoholic beverage products in the United States, Canada, Europe, and Asia. The last earnings update was 61 days ago. More info.


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  • Castle Brands has significant price volatility in the past 3 months.
C7Z Share Price and Events
7 Day Returns
0%
DB:C7Z
1.6%
DE Beverage
-1.9%
DE Market
1 Year Returns
33.5%
DB:C7Z
5.2%
DE Beverage
-4.1%
DE Market
C7Z Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Castle Brands (C7Z) 0% 0.6% 111.1% 33.5% 54.1% 10.1%
DE Beverage 1.6% 2.2% 0.2% 5.2% 39.3% 67.3%
DE Market -1.9% -1.7% -2.5% -4.1% 4.3% 19.9%
1 Year Return vs Industry and Market
  • C7Z outperformed the Beverage industry which returned 5.2% over the past year.
  • C7Z outperformed the Market in Germany which returned -4.1% over the past year.
Price Volatility
C7Z
Industry
5yr Volatility vs Market

C7Z Value

 Is Castle Brands 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.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for Castle Brands. This is due to cash flow or dividend data being unavailable. The share price is €1.14.
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 Castle Brands's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Castle Brands's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
DB:C7Z PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-06-30) in USD $0.03
AMEX:ROX Share Price ** AMEX (2019-10-09) in USD $1.26
Germany Beverage Industry PE Ratio Median Figure of 7 Publicly-Listed Beverage Companies 27.67x
Germany Market PE Ratio Median Figure of 416 Publicly-Listed Companies 19.59x

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

** Primary Listing of Castle Brands.

DB:C7Z PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

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

= 1.26 ÷ 0.03

38.37x

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

  • Castle Brands is overvalued based on earnings compared to the DE Beverage industry average.
  • Castle Brands is overvalued based on earnings compared to the Germany market.
Price based on expected Growth
Does Castle Brands's expected growth come at a high price?
Raw Data
DB:C7Z PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 38.37x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts
-20%per year
Europe Beverage Industry PEG Ratio Median Figure of 30 Publicly-Listed Beverage Companies 2.93x
Germany Market PEG Ratio Median Figure of 264 Publicly-Listed Companies 1.35x

*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 Castle Brands, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Castle Brands's assets?
Raw Data
DB:C7Z PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-06-30) in USD $0.07
AMEX:ROX Share Price * AMEX (2019-10-09) in USD $1.26
Germany Beverage Industry PB Ratio Median Figure of 8 Publicly-Listed Beverage Companies 1.58x
Germany Market PB Ratio Median Figure of 595 Publicly-Listed Companies 1.72x
DB:C7Z PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

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

= 1.26 ÷ 0.07

17.19x

* Primary Listing of Castle Brands.

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

  • Castle Brands is overvalued based on assets compared to the DE Beverage industry average.
X
Value checks
We assess Castle Brands'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 Beverage 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 Beverage industry average (and greater than 0)? (1 check)
  5. Castle Brands 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.

C7Z Future Performance

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

  • No analysts cover Castle Brands, future earnings growth has been estimated based on fundamentals.
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
-20%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Castle Brands expected to grow at an attractive rate?
  • Castle Brands's earnings are expected to decrease over the next 1-3 years, this is below the low risk savings rate of 0.2%.
Growth vs Market Checks
  • Castle Brands's earnings are expected to decrease over the next 1-3 years, this is below the Germany market average.
  • Castle Brands's revenue growth is expected to exceed the Germany market average.
Annual Growth Rates Comparison
Raw Data
DB:C7Z Future Growth Rates Data Sources
Data Point Source Value (per year)
DB:C7Z Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts -20%
DB:C7Z Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 1 Analysts 12.3%
Germany Beverage Industry Earnings Growth Rate Market Cap Weighted Average -0.7%
Europe Beverage Industry Revenue Growth Rate Market Cap Weighted Average 4.5%
Germany Market Earnings Growth Rate Market Cap Weighted Average 12.7%
Germany Market Revenue Growth Rate Market Cap Weighted Average 5.1%

*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:C7Z Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months 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:C7Z Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2021-03-31 111 1
2020-03-31 102 1
2019-10-09
DB:C7Z Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2019-06-30 89 -5 5
2019-03-31 89 -9 6
2018-12-31 85 -6 -3
2018-09-30 87 -10 -1
2018-06-30 84 -8 -1
2018-03-31 82 -6 -1
2017-12-31 81 -4 0
2017-09-30 75 -1 0
2017-06-30 74 -2 -1
2017-03-31 70 -2 -1
2016-12-31 67 -5 -1
2016-09-30 66 -3 -2

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Castle Brands's earnings are expected to decrease over the next 1-3 years, this is not considered high growth.
  • Castle Brands's revenue is expected to grow by 12.3% 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:C7Z Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below

All data from Castle Brands Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:C7Z Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2021-03-31
2020-03-31
2019-10-09
DB:C7Z Past Financials Data
Date (Data in USD Millions) EPS *
2019-06-30 0.03
2019-03-31 0.03
2018-12-31 -0.02
2018-09-30 0.00
2018-06-30 0.00
2018-03-31 -0.01
2017-12-31 0.00
2017-09-30 0.00
2017-06-30 -0.01
2017-03-31 -0.01
2016-12-31 0.00
2016-09-30 -0.01

*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 Castle Brands will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess Castle Brands'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 Europe 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.
Castle Brands has a total score of 1/6, 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.

C7Z Past Performance

  How has Castle Brands 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 Castle Brands's growth in the last year to its industry (Beverage).
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.
  • Castle Brands has delivered over 20% year on year earnings growth in the past 5 years.
  • Castle Brands has become profitable in the last year making the earnings growth rate difficult to compare to the 5-year average.
  • Castle Brands has become profitable in the last year making it difficult to compare the DE Beverage industry average.
Earnings and Revenue History
Castle Brands'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 Castle Brands Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:C7Z Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-06-30 88.96 5.48 32.74
2019-03-31 88.96 5.66 32.33
2018-12-31 85.30 -3.42 31.91
2018-09-30 86.73 -0.78 31.91
2018-06-30 84.31 -0.56 31.22
2018-03-31 82.25 -0.82 31.20
2017-12-31 80.70 -0.29 31.82
2017-09-30 75.22 -0.33 30.49
2017-06-30 73.80 -1.03 30.46
2017-03-31 69.62 -0.85 28.77
2016-12-31 67.16 -0.62 27.55
2016-09-30 66.16 -1.85 27.35
2016-06-30 65.06 -2.16 26.81
2016-03-31 64.77 -2.52 26.61
2015-12-31 61.17 -3.58 25.75
2015-09-30 59.76 -3.36 24.98
2015-06-30 54.95 -3.43 23.31
2015-03-31 50.70 -3.80 21.74
2014-12-31 47.30 -3.80 20.39
2014-09-30 44.96 -5.77 19.53
2014-06-30 43.22 -9.30 18.75
2014-03-31 41.72 -9.29 18.06
2013-12-31 40.21 -11.97 17.24
2013-09-30 37.42 -10.20 16.54
2013-06-30 36.14 -6.67 16.30
2013-03-31 35.48 -6.19 16.09
2012-12-31 34.72 -4.38 15.93

*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.
  • Whilst Castle Brands made outstanding use of shareholders’ funds last year (Return on Equity greater than 40%), this is metric is skewed due to its high level of debt.
  • Castle Brands used its assets more efficiently than the DE Beverage industry average last year based on Return on Assets.
  • Castle Brands has significantly improved its use of capital last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Castle Brands'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 Beverage 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.
Castle Brands has a total score of 3/6, 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.

C7Z Health

 How is Castle Brands'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 Castle Brands's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Castle Brands is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Castle Brands's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Castle Brands'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.
  • Debt is covered by short term assets, assets are 1.4x debt.
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 Castle Brands Company Filings, last reported 3 months ago.

DB:C7Z Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-06-30 19.18 47.09 0.50
2019-03-31 19.35 47.11 0.52
2018-12-31 7.65 43.96 0.65
2018-09-30 9.07 42.53 0.37
2018-06-30 8.35 42.86 0.61
2018-03-31 7.99 38.89 0.38
2017-12-31 7.35 39.37 0.95
2017-09-30 5.23 34.72 0.32
2017-06-30 4.34 35.66 0.43
2017-03-31 3.62 34.92 0.61
2016-12-31 24.76 15.74 0.94
2016-09-30 23.57 14.08 0.68
2016-06-30 23.50 13.75 0.33
2016-03-31 22.26 13.80 1.43
2015-12-31 22.82 11.54 1.90
2015-09-30 23.13 12.40 1.74
2015-06-30 23.74 9.53 2.31
2015-03-31 21.09 12.79 1.19
2014-12-31 20.88 12.49 0.85
2014-09-30 20.22 10.71 1.38
2014-06-30 20.78 10.88 0.78
2014-03-31 19.94 7.57 0.91
2013-12-31 13.99 11.95 0.94
2013-09-30 13.10 10.85 0.15
2013-06-30 13.23 9.19 0.29
2013-03-31 13.71 9.30 0.44
2012-12-31 16.73 6.45 0.23
  • Castle Brands's level of debt (245.5%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (52.4% vs 245.5% today).
  • Operating cash flow is negative therefore debt is not well covered.
  • Interest payments on debt are not well covered by earnings (EBIT is 0.8x annual interest expense, ideally 3x coverage).
X
Financial health checks
We assess Castle Brands'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. Castle Brands has a total score of 2/6, 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.

C7Z Dividends

 What is Castle Brands'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 Castle Brands dividends.
If you bought €2,000 of Castle Brands 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 Castle Brands's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Castle Brands'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:C7Z 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 Beverage Industry Average Dividend Yield Market Cap Weighted Average of 6 Stocks 1.8%
Germany Market Average Dividend Yield Market Cap Weighted Average of 337 Stocks 3.2%
Germany Minimum Threshold Dividend Yield 10th Percentile 0.7%
Germany Bottom 25% Dividend Yield 25th Percentile 1.4%
Germany Top 25% Dividend Yield 75th Percentile 4%

Industry and Market average data is calculated daily.

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

DB:C7Z Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
2021-03-31
2020-03-31
2019-10-09

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

  • Unable to perform a dividend volatility check as Castle Brands has not reported any payouts.
  • Unable to verify if Castle Brands's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Castle Brands's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Castle Brands 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 Castle Brands'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 Castle Brands afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Castle Brands 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.

C7Z Management

 What is the CEO of Castle Brands'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
Richard Lampen
COMPENSATION $450,000
AGE 65
TENURE AS CEO 11 years
CEO Bio

Mr. Richard J. Lampen, also known as Dick, has been the Chief Executive Officer and President of Ladenburg Thalmann Financial Services Inc. since September 6, 2006 and its Chairman of the Board since September 21, 2018. He is Chairman of Castle Brands Inc. since October 2008. Mr. Lampen has been an Executive Vice President of Vector Group Ltd. since July 1996. He was responsible for managing Multi Solutions administrative affairs, including Multi Solutions reporting obligations pursuant to the requirements of the Vice Chair Exchange Act. He served as the President of Multi Soft Inc., since May 2011. He served as the Chairman of CDSI Holdings Inc. until November 4, 2011 and served as its Chief Executive Officer and President from November 5, 1998 to November 4, 2011. Mr. Lampen has 30 years of experience in the financial services and legal fields. His pertinent experience, qualifications, attributes and skills include managerial experience and the knowledge and experience has attained through his service as an executive officer and a director of publicly-traded corporations. Mr. Lampen served as an Executive Vice President and General Counsel of New Valley Corp., from October 1995 to December 2005. He served as an Executive Vice President of VGR Holding, (a subsidiary of Vector Group Ltd.), since July 1996. From May 1992 to September 1995, he was a Partner at Steel Hector & Davis, a law firm located in Miami, Florida and also served as its Co-Chairman of the Corporate Department. Mr. Lampen was an Investment Banker at Salomon Brothers Inc, where he was Managing Director of the Leveraged Finance Group from January 1991 to April 1992. He joined Salomon Brothers Inc. in 1986. He served as the Chair of the Board at Financial Services Institute, Inc. from January 2017 untill 2018 and served as its Vice Chair until January 2017. Mr. Lampen had been a Director of Ladenburg Thalmann Financial Services Inc. since January 2002 and Castle Brands Inc. since October 2008. He serves as a Director of Douglas Elliman Realty, LLC and Financial Services Institute, Inc. He serves as a Director of a number of other companies, including U.S. Can Corp., The International Bank of Miami N.A., Spec's Music Inc. and PANACO Inc., as well as a court-appointed independent Director of Trump Plaza Funding Inc. He served as a Director of Multi Solutions II, Inc. since May 2011 until July 2012. He served as a Director of CDSI Holdings Inc. since Jan 1997 and SG Blocks, Inc. from January 1997 to January 30, 2014. He served as the Chairman and President of Multi Solutions II, Inc., since May 2011 until July 2012. Mr. Lampen served as a director of SG Blocks Inc. until January 2014. He served as the Chairman of Multi Soft Inc. since May 2011. He served as a Director of New Valley Corp. since July 1996. He is a member of the Florida Bar and has served as Chairman of its Securities Law Committee. Mr. Lampen received a Bachelor of Arts degree from Johns Hopkins University in 1975 and Juris Doctorate Degree in 1978 from Columbia Law School. Previously, he was an investment banker at Salomon Brothers Inc, where he was a Managing Director in the Leveraged Finance Group and a partner and co-chairman of the Corporate Department at the Steel Hector & Davis law firm.

CEO Compensation
  • Richard's compensation has increased in line with Castle Brands recently becoming profitable.
  • Richard's remuneration is about average for companies of similar size in Germany.
Management Team Tenure

Average tenure and age of the Castle Brands management team in years:

10.9
Average Tenure
58
Average Age
  • The average tenure for the Castle Brands management team is over 5 years, this suggests they are a seasoned and experienced team.
Management Team

Mark Andrews

TITLE
Founder & Chairman
COMPENSATION
$246K
AGE
69

Richard Lampen

TITLE
President
COMPENSATION
$450K
AGE
65
TENURE
11 yrs

Alfred Small

TITLE
Senior VP
COMPENSATION
$534K
AGE
50
TENURE
11.9 yrs

John Glover

TITLE
Executive VP & COO
COMPENSATION
$665K
AGE
64
TENURE
10.8 yrs

T. Spillane

TITLE
Senior Vice President of Global Sales
COMPENSATION
$570K
AGE
56
TENURE
6.3 yrs

Maria Peña Mariani

TITLE
Senior Vice President of Marketing
COMPENSATION
$410K
AGE
52
TENURE
8.1 yrs

Brian Heller

TITLE
General Counsel & Assistant Secretary

E. Malcolm Gosling

TITLE
CEO & President of Gosling of Castle Partners Inc
AGE
58
TENURE
14.5 yrs
Board of Directors Tenure

Average tenure and age of the Castle Brands board of directors in years:

10.9
Average Tenure
67
Average Age
  • The average tenure for the Castle Brands board of directors is over 10 years, this suggests they are a seasoned and experienced board.
Board of Directors

Richard Lampen

TITLE
President
COMPENSATION
$450K
AGE
65
TENURE
11 yrs

Hank Beinstein

TITLE
Independent Director
COMPENSATION
$46K
AGE
76
TENURE
10.8 yrs

Mark Andrews

TITLE
Founder & Chairman
COMPENSATION
$246K
AGE
69
TENURE
15.8 yrs

Steve Rubin

TITLE
Independent Director
COMPENSATION
$48K
AGE
59
TENURE
10.8 yrs

Richard Krasno

TITLE
Lead Independent Director
COMPENSATION
$71K
AGE
77
TENURE
1.4 yrs

Phil Frost

TITLE
Director
COMPENSATION
$38K
AGE
83
TENURE
11 yrs

John Beaudette

TITLE
Independent Director
COMPENSATION
$43K
AGE
62
TENURE
15.8 yrs

Mark Zeitchick

TITLE
Independent Director
COMPENSATION
$41K
AGE
53
TENURE
5.6 yrs
Who owns this company?
Recent Insider Trading
  • Castle Brands individual insiders have only sold shares in the past 3 months, but not in substantial volumes.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
02. Oct 19 Sell Maria Peña Mariani Individual 27. Sep 19 27. Sep 19 -10,875 €1.16 €-12,566
21. Feb 19 Buy Richard Lampen Individual 20. Feb 19 20. Feb 19 10,000 €0.70 €7,004
20. Feb 19 Buy Richard Lampen Individual 19. Feb 19 19. Feb 19 10,000 €0.70 €7,048
19. Feb 19 Buy Richard Lampen Individual 15. Feb 19 15. Feb 19 10,000 €0.71 €7,103
22. Jan 19 Buy Richard Lampen Individual 18. Jan 19 18. Jan 19 10,000 €0.79 €7,891
18. Jan 19 Buy Richard Lampen Individual 17. Jan 19 17. Jan 19 10,000 €0.80 €7,987
16. Jan 19 Buy Richard Lampen Individual 15. Jan 19 15. Jan 19 10,000 €0.78 €7,847
15. Jan 19 Buy Richard Lampen Individual 14. Jan 19 14. Jan 19 10,000 €0.80 €7,975
14. Jan 19 Buy Richard Lampen Individual 11. Jan 19 11. Jan 19 10,000 €0.77 €7,725
11. Jan 19 Buy Richard Lampen Individual 10. Jan 19 10. Jan 19 10,000 €0.73 €7,288
10. Jan 19 Buy Richard Lampen Individual 09. Jan 19 09. Jan 19 10,000 €0.73 €7,310
28. Dec 18 Buy Frost Gamma Investments Trust Company 27. Dec 18 27. Dec 18 75,000 €0.73 €54,549
26. Dec 18 Buy Richard Lampen Individual 24. Dec 18 24. Dec 18 10,000 €0.70 €6,990
20. Dec 18 Buy Richard Lampen Individual 19. Dec 18 19. Dec 18 10,000 €0.70 €6,981
18. Dec 18 Buy Richard Lampen Individual 17. Dec 18 17. Dec 18 10,000 €0.74 €7,437
17. Dec 18 Buy John Beaudette Individual 13. Dec 18 13. Dec 18 25,000 €0.71 €17,788
17. Dec 18 Buy Mark Andrews Individual 14. Dec 18 14. Dec 18 25,000 €0.73 €18,350
17. Dec 18 Buy Richard Lampen Individual 14. Dec 18 14. Dec 18 10,000 €0.73 €7,263
14. Dec 18 Buy Richard Lampen Individual 13. Dec 18 13. Dec 18 10,000 €0.71 €7,120
13. Dec 18 Buy Alfred Small Individual 12. Dec 18 12. Dec 18 6,500 €0.69 €4,489
12. Dec 18 Buy Mark Andrews Individual 11. Dec 18 11. Dec 18 25,000 €0.68 €16,975
X
Management checks
We assess Castle Brands'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. Castle Brands 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.

C7Z News

Simply Wall St News

C7Z Company Info

Description

Castle Brands Inc., together with its subsidiaries, develops, markets, imports, and sells beverage alcohol and non-alcoholic beverage products in the United States, Canada, Europe, and Asia. The company offers premium and super premium rums, whiskey, liqueurs, vodka, tequila, wine, amaretto, and other spirits, as well as ginger beer and ready-to-drink cocktails. It provides its products under the Goslings rum, Goslings Stormy Ginger Beer, Goslings Dark ‘n Stormy, Jefferson’s bourbon, Jefferson’s Reserve, Jefferson’s Ocean Aged at Sea, Jefferson’s Wine Finish Collection, Jefferson’s The Manhattan: Barrel Finished Cocktail, Jefferson’s Chef’s Collaboration, Jefferson’s Wood Experiment, Jefferson’s Presidential Select, Jefferson’s Straight Rye, Pallini, Clontarf, Knappogue Castle Whiskey, Brady’s, Boru, Celtic Honey, Gozio, The Arran Malt, The Robert Burns, and Machrie Moor brands. The company offers its products through a network of wholesale distributors and state-operated agencies. Castle Brands Inc. was incorporated in 2009 and is based in New York, New York.

Details
Name: Castle Brands Inc.
C7Z
Exchange: DB
Founded: 2009
$192,561,074
167,793,423
Website: http://castlebrandsinc.com
Address: Castle Brands Inc.
122 East 42nd Street,
Suite 5000,
New York,
New York, 10168,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
AMEX ROX Common Stock NYSE MKT LLC US USD 06. Apr 2006
DB C7Z Common Stock Deutsche Boerse AG DE EUR 06. Apr 2006
Number of employees
Current staff
Staff numbers
59
Castle Brands employees.
Industry
Distillers and Vintners
Food, Beverage & Tobacco
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/10/09 21:05
End of day share price update: 2019/10/09 00:00
Last estimates confirmation: 2019/10/02
Last earnings filing: 2019/08/09
Last earnings reported: 2019/06/30
Last annual earnings reported: 2019/03/31


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.