Part 9/10:
The company is particularly keen on expanding into global markets where its pet care and home improvement products are showing promise. The merger with its major stakeholder, HRG Group, aims to broaden governance and potentially streamline management.
Valuation Overview
Spectrum Brands’ stock trades at a forward P/E of about 23 times its estimates, reflecting some investor apprehension due to its strategic transitions. Nonetheless, the historical outperformance of the stock compared to the broader market encourages a closer examination for potential growth.