HBB
Hamilton Beach Brands Holding Co
Next earnings Jul 28, 2026
Last earnings -1.8% on 2026-05-06
$22.73
▲ +4.55%$22.73▲ +31.62%
over 1Y
L $12.68H $22.73
Earnings Dividend Split Congress buy Congress sellGrouped by date · hover a pin to expand
Today+4.6%
1W+14.7%
1M+16.4%
3M+25.1%
YTD+43.8%
1Y+31.6%
Hold
Conviction
Horizon
Medium (3–12mo)
12-mo target
$•••
Street · 8 analysts
Sell
Cheap, cash-rich small-cap housewares maker, but shrinking sales and a collapsing operating cash flow cap the upside — own it, don't chase it.
P/E (price / FY diluted EPS) 11.7 · FY2025
The read
Middling fundamentals and a rich price (~31% above fair value) leave little margin of safety — a wait-and-see.
Hamilton Beach is a low-multiple, financially conservative appliance maker trading at 11.7x earnings and 0.5x sales — undemanding by any measure. The balance sheet is a genuine strength: equity grew 10.2% to $183M, current assets ($305M) cover current liabilities ($123M) roughly 2.5x, long-term debt held flat at $50M against $47.3M of cash (near net-cash), and retained earnings rose 16.2%. Returns on capital are respectable at 14.5% ROE, and management keeps shrinking the share count (-2.9%) while paying a ~2% dividend and running a fresh $25M buyback authorization through 2027. For a value-oriented owner, that combination of cheapness plus a fortress balance sheet is the bull case.
But the operating trajectory is going the wrong way. FY2025 revenue fell 7.3% to $607M — and the five-year record ($641M → $626M → $655M → $607M) shows no durable growth, just cyclical chop. Net income dropped 14% to $26.5M, operating income fell 15.3%, and diluted EPS slid 11.4% to $1.95, with every line of profitability (gross -8.3%, operating margin only 6.0%, net margin 4.4%) contracting. Thin margins on sourced, discretionary consumer hard-goods leave little cushion.
Is HBB a buy? The one-page verdict, explained →
The options angle
model · matches our verdictCovered call~60d expiry
- Long 100 shares @ ~22.73
- Short call 24 @ ~1.17 est
debit $2,156max +$244max −$2,155BE 21.56
HOLD means own it, don't chase it — harvesting premium against the position matches the verdict.
Educational template, not a trade recommendation. Strikes and premiums are Black-Scholes model estimates from the last close and 30-day realized volatility — real chains, spreads and IV will differ. Options involve substantial risk.
Financials · annual, by fiscal year
| Line item | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Revenue | — | $641M | $626M | $655M | $607M |
| Gross profit | $137M | $129M | $144M | $170M | $156M |
| Operating income | $31.5M | $38.8M | $35.1M | $43.2M | $36.6M |
| Net income | $21.3M | $25.3M | $25.2M | $30.8M | $26.5M |
| Diluted EPS | $1.53 | $1.81 | $1.80 | $2.20 | $1.95 |
| Net margin | — | 3.9% | 4.0% | 4.7% | 4.4% |
Annual figures from SEC 10-K XBRL filings. Open the filing links below for full statement detail.
Key statistics
Valuation
Enterprise value$311M
EV / EBITDA7.3
EV / Sales0.5
EV / FCF28.1
P / FCF27.9
PEG (trailing)—
Earnings yield8.6%
FCF yield3.6%
Quality & risk
ROIC (est.)12.4%
Free cash flow$11.0M
Total debt$50.0M
Net cash-$2.69M
Altman Z-Score3.74 safe
Piotroski F-Score4/9
Capital returns
Buyback yield2.9%
Dividend yield (est.)2.1%
Shareholder yield5.0%
Shares Δ YoY-2.9%
Computed from SEC XBRL annual figures + the current quote. EV and ROIC use long-term + current debt where filed; estimates, not investment advice.
Disclosure timeline
SEC · 8-Ks + reportsRed flag in recent filings — restated periodic report (2026-02-25). Worth a closer look.
- 8-K Officer / director change2026-06-18
Item 5.02: executive/director leadership change disclosed
- 8-K Shareholder vote2026-05-11
Item 5.07: annual meeting voting results; board slate elected
- 8-K Earnings results2026-05-06
Q1 FY26 10-Q filed; $25M 2026-27 buyback program underway
- 10-Q Quarterly report2026-05-06
Q1 FY26 10-Q filed; $25M 2026-27 buyback program underway
- DEF 14A Proxy statement2026-03-25
Annual proxy: routine director elections and say-on-pay
- 8-K Earnings results2026-02-25
Amended prior 10-Q; restated/corrected quarterly disclosure
- 10-K Annual report2026-02-25
Amended prior 10-Q; restated/corrected quarterly disclosure
- 10-Q/A Restated periodic report2026-02-25
Amended prior 10-Q; restated/corrected quarterly disclosure
- 8-K Reg FD disclosure2026-01-12
Item 7.01 Reg FD investor update furnished
Recent filings
all on EDGAR ↗4Period ending 2026-07-012026-07-01open ↗4Period ending 2026-07-012026-07-01open ↗4Period ending 2026-07-012026-07-01open ↗4Period ending 2026-07-012026-07-01open ↗4Period ending 2026-07-012026-07-01open ↗4Period ending 2026-07-012026-07-01open ↗4Period ending 2026-07-012026-07-01open ↗4Period ending 2026-07-012026-07-01open ↗4Period ending 2026-07-012026-07-01open ↗4Period ending 2026-07-012026-07-01open ↗4Period ending 2026-07-012026-07-01open ↗4Period ending 2026-07-012026-07-01open ↗
Frequently asked
- Is Hamilton Beach Brands Holding Co (HBB) a buy?
- HBB currently carries a Hold rating with 3/5 conviction, derived from its latest SEC filings. Cheap, cash-rich small-cap housewares maker, but shrinking sales and a collapsing operating cash flow cap the upside — own it, don't chase it.
- What is HBB's fair value?
- A Modified-Graham model based on HBB's SEC fundamentals estimates a fair value of about $15.75. It is an estimate from reported earnings, not a price target.
- Is HBB overvalued or undervalued?
- Against a Modified-Graham fair-value estimate, HBB currently appears overvalued relative to its SEC-grounded earnings power.
- What is Hamilton Beach Brands Holding Co's quality score?
- HBB scores 68.4120581843393/100 (grade B-) on a SEC-grounded quality model spanning value, growth, profitability, financial health and momentum.
Sources: SEC EDGAR (CIK 0001709164, latest 10-Q filed 2026-05-06) · EODHD · Proprietary analysis · as of 7/3/2026, 10:14:16 AM.
About this recommendation — produced by TENK/calls (tenkcalls.com), Luxembourg · not investment advice
AI-generated analysis, produced by our proprietary engine from SEC filing data.
Investment recommendation produced by TENK/calls (tenkcalls.com), Luxembourg. Completed Jul 3, 2026, 6:14 AM ET. Ratings & methodology: definitions · All recommendations to date: track record · Conflicts: disclosures. Not investment advice.
Research and education only — not financial advice. TENKis not a registered investment adviser or broker-dealer and gives no personalized advice. Every call is impersonal — identical for all users, generated on a schedule from SEC filings plus a delayed/third-party price feed — may be wrong or out of date, and is not a recommendation to buy or sell any security. The operator and an affiliated trading operation may hold or trade the securities TENK rates; see Disclosures. Past performance does not guarantee future results. Do your own research.