AEROJET ROCKETDYNE HOLDINGS (AJRD) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:AJRD - US0078001056 - Common Stock
57.99 USD
+0.81 (+1.42%)
57.99 USD
0 (0%)
Overall AJRD gets a fundamental rating of 4 out of 10. We evaluated AJRD against 72 industry peers in the Aerospace & Defense industry. While AJRD is still in line with the averages on profitability rating, there are concerns on its financial health. While showing a medium growth rate, AJRD is valued expensive at the moment.
1. Profitability
1.1 Basic Checks
AJRD had positive earnings in the past year.
AJRD had a negative operating cash flow in the past year.
Each year in the past 5 years AJRD has been profitable.
AJRD had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
With a Return On Assets value of 3.19%, AJRD perfoms like the industry average, outperforming 57.14% of the companies in the same industry.
With a decent Return On Equity value of 13.10%, AJRD is doing good in the industry, outperforming 79.37% of the companies in the same industry.
AJRD has a better Return On Invested Capital (8.78%) than 79.37% of its industry peers.
The Average Return On Invested Capital over the past 3 years for AJRD is above the industry average of 8.58%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.19% | ||
| ROE | 13.1% | ||
| ROIC | 8.78% |
ROA(3y)4.56%
ROA(5y)4.84%
ROE(3y)33.06%
ROE(5y)31.01%
ROIC(3y)11.45%
ROIC(5y)11.1%
1.3 Margins
AJRD has a Profit Margin (3.21%) which is comparable to the rest of the industry.
In the last couple of years the Profit Margin of AJRD has declined.
AJRD's Operating Margin of 8.96% is fine compared to the rest of the industry. AJRD outperforms 68.25% of its industry peers.
In the last couple of years the Operating Margin of AJRD has remained more or less at the same level.
The Gross Margin of AJRD (14.13%) is worse than 68.25% of its industry peers.
In the last couple of years the Gross Margin of AJRD has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 8.96% | ||
| PM (TTM) | 3.21% | ||
| GM | 14.13% |
OM growth 3Y-7%
OM growth 5Y-0.52%
PM growth 3Y-22.13%
PM growth 5YN/A
GM growth 3Y-7.26%
GM growth 5Y-2.47%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so AJRD is still creating some value.
The number of shares outstanding for AJRD has been increased compared to 1 year ago.
AJRD has a better debt/assets ratio than last year.
2.2 Solvency
AJRD has an Altman-Z score of 3.19. This indicates that AJRD is financially healthy and has little risk of bankruptcy at the moment.
With a Altman-Z score value of 3.19, AJRD perfoms like the industry average, outperforming 57.14% of the companies in the same industry.
AJRD has a Debt/Equity ratio of 0.51. This is a neutral value indicating AJRD is somewhat dependend on debt financing.
AJRD's Debt to Equity ratio of 0.51 is on the low side compared to the rest of the industry. AJRD is outperformed by 61.90% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.51 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 3.19 |
ROIC/WACC1.01
WACC8.67%
2.3 Liquidity
A Current Ratio of 1.53 indicates that AJRD should not have too much problems paying its short term obligations.
With a Current ratio value of 1.53, AJRD is not doing good in the industry: 66.67% of the companies in the same industry are doing better.
A Quick Ratio of 1.51 indicates that AJRD should not have too much problems paying its short term obligations.
AJRD has a Quick ratio of 1.51. This is comparable to the rest of the industry: AJRD outperforms 58.73% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.53 | ||
| Quick Ratio | 1.51 |
3. Growth
3.1 Past
AJRD shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -31.86%.
Measured over the past years, AJRD shows a quite strong growth in Earnings Per Share. The EPS has been growing by 13.91% on average per year.
The Revenue has been growing slightly by 4.08% in the past year.
The Revenue has been growing slightly by 3.57% on average over the past years.
EPS 1Y (TTM)-31.86%
EPS 3Y-6.27%
EPS 5Y13.91%
EPS Q2Q%-2.27%
Revenue 1Y (TTM)4.08%
Revenue growth 3Y4.13%
Revenue growth 5Y3.57%
Sales Q2Q%10.8%
3.2 Future
Based on estimates for the next years, AJRD will show a very strong growth in Earnings Per Share. The EPS will grow by 23.73% on average per year.
AJRD is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 6.01% yearly.
EPS Next Y44.74%
EPS Next 2Y27.27%
EPS Next 3Y23.73%
EPS Next 5YN/A
Revenue Next Year8.54%
Revenue Next 2Y6.77%
Revenue Next 3Y6.01%
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
AJRD is valuated quite expensively with a Price/Earnings ratio of 41.72.
Compared to the rest of the industry, the Price/Earnings ratio of AJRD is on the same level as its industry peers.
AJRD is valuated expensively when we compare the Price/Earnings ratio to 26.34, which is the current average of the S&P500 Index.
AJRD is valuated quite expensively with a Price/Forward Earnings ratio of 25.57.
AJRD's Price/Forward Earnings is on the same level as the industry average.
When comparing the Price/Forward Earnings ratio of AJRD to the average of the S&P500 Index (23.56), we can say AJRD is valued inline with the index average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 41.72 | ||
| Fwd PE | 25.57 |
4.2 Price Multiples
The rest of the industry has a similar Enterprise Value to EBITDA ratio as AJRD.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 17.91 |
4.3 Compensation for Growth
The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
A more expensive valuation may be justified as AJRD's earnings are expected to grow with 23.73% in the coming years.
PEG (NY)0.93
PEG (5Y)3
EPS Next 2Y27.27%
EPS Next 3Y23.73%
5. Dividend
5.1 Amount
With a yearly dividend of 0.06%, AJRD is not a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 1.12, AJRD pays a bit more dividend than its industry peers.
With a Dividend Yield of 0.06, AJRD pays less dividend than the S&P500 average, which is at 2.31.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.06% |
5.2 History
The dividend of AJRD decreases each year by -10.86%.
AJRD is new to the dividend game and has less than 3 years of track record.
Dividend Growth(5Y)-10.86%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
2.71% of the earnings are spent on dividend by AJRD. This is a low number and sustainable payout ratio.
DP2.71%
EPS Next 2Y27.27%
EPS Next 3Y23.73%
57.99
+0.81 (+1.42%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryAerospace & Defense
Earnings (Last)
Earnings (Next)
Inst Owners0%
Inst Owner Change0%
Ins Owners1.45%
Ins Owner Change0%
Market Cap4.68B
Revenue(TTM)2.29B
Net Income(TTM)73.70M
Analysts43.33
Price Target57.12 (-1.5%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.06% |
Yearly Dividend0.03
Dividend Growth(5Y)-10.86%
DP2.71%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-25.97%
Min EPS beat(2)-48.49%
Max EPS beat(2)-3.46%
EPS beat(4)0
Avg EPS beat(4)-27.9%
Min EPS beat(4)-59.15%
Max EPS beat(4)-0.49%
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)2
Avg Revenue beat(2)2.98%
Min Revenue beat(2)2.75%
Max Revenue beat(2)3.21%
Revenue beat(4)2
Avg Revenue beat(4)-1.6%
Min Revenue beat(4)-8.89%
Max Revenue beat(4)3.21%
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)-1.75%
PT rev (3m)-1.75%
EPS NQ rev (1m)0%
EPS NQ rev (3m)0%
EPS NY rev (1m)0%
EPS NY rev (3m)0%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)2.36%
Revenue NY rev (1m)3.08%
Revenue NY rev (3m)3.08%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 41.72 | ||
| Fwd PE | 25.57 | ||
| P/S | 2.04 | ||
| P/FCF | N/A | ||
| P/OCF | N/A | ||
| P/B | 8.32 | ||
| P/tB | 12.5 | ||
| EV/EBITDA | 17.91 |
EPS(TTM)1.39
EY2.4%
EPS(NY)2.27
Fwd EY3.91%
FCF(TTM)-0.58
FCFYN/A
OCF(TTM)-0.08
OCFYN/A
SpS28.39
BVpS6.97
TBVpS4.64
PEG (NY)0.93
PEG (5Y)3
Graham NumberN/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.19% | ||
| ROE | 13.1% | ||
| ROCE | N/A | ||
| ROIC | 8.78% | ||
| ROICexc | 10.58% | ||
| ROICexgc | 12.25% | ||
| OM | 8.96% | ||
| PM (TTM) | 3.21% | ||
| GM | 14.13% | ||
| FCFM | N/A |
ROA(3y)4.56%
ROA(5y)4.84%
ROE(3y)33.06%
ROE(5y)31.01%
ROIC(3y)11.45%
ROIC(5y)11.1%
ROICexc(3y)32.24%
ROICexc(5y)27.47%
ROICexgc(3y)87.08%
ROICexgc(5y)63.17%
ROCE(3y)N/A
ROCE(5y)N/A
ROICexgc growth 3Y-17.33%
ROICexgc growth 5Y-1.91%
ROICexc growth 3Y-13.99%
ROICexc growth 5Y-0.07%
OM growth 3Y-7%
OM growth 5Y-0.52%
PM growth 3Y-22.13%
PM growth 5YN/A
GM growth 3Y-7.26%
GM growth 5Y-2.47%
F-Score4
Asset Turnover0.99
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.51 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 1.15 | ||
| Cap/Depr | 71.35% | ||
| Cap/Sales | N/A | ||
| Interest Coverage | N/A | ||
| Cash Conversion | N/A | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.53 | ||
| Quick Ratio | 1.51 | ||
| Altman-Z | 3.19 |
F-Score4
WACC8.67%
ROIC/WACC1.01
Cap/Depr(3y)71.8%
Cap/Depr(5y)66.55%
Cap/Sales(3y)N/A
Cap/Sales(5y)N/A
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-31.86%
EPS 3Y-6.27%
EPS 5Y13.91%
EPS Q2Q%-2.27%
EPS Next Y44.74%
EPS Next 2Y27.27%
EPS Next 3Y23.73%
EPS Next 5YN/A
Revenue 1Y (TTM)4.08%
Revenue growth 3Y4.13%
Revenue growth 5Y3.57%
Sales Q2Q%10.8%
Revenue Next Year8.54%
Revenue Next 2Y6.77%
Revenue Next 3Y6.01%
Revenue Next 5YN/A
EBIT growth 1Y-27.62%
EBIT growth 3Y-3.16%
EBIT growth 5Y3.04%
EBIT Next Year59.1%
EBIT Next 3Y21.59%
EBIT Next 5YN/A
FCF growth 1Y-118.2%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-102.09%
OCF growth 3YN/A
OCF growth 5YN/A
AEROJET ROCKETDYNE HOLDINGS / AJRD FAQ
What is the fundamental rating for AJRD stock?
ChartMill assigns a fundamental rating of 4 / 10 to AJRD.
What is the valuation status for AJRD stock?
ChartMill assigns a valuation rating of 2 / 10 to AEROJET ROCKETDYNE HOLDINGS (AJRD). This can be considered as Overvalued.
Can you provide the profitability details for AEROJET ROCKETDYNE HOLDINGS?
AEROJET ROCKETDYNE HOLDINGS (AJRD) has a profitability rating of 4 / 10.
Can you provide the PE and PB ratios for AJRD stock?
The Price/Earnings (PE) ratio for AEROJET ROCKETDYNE HOLDINGS (AJRD) is 41.72 and the Price/Book (PB) ratio is 8.32.
What is the expected EPS growth for AEROJET ROCKETDYNE HOLDINGS (AJRD) stock?
The Earnings per Share (EPS) of AEROJET ROCKETDYNE HOLDINGS (AJRD) is expected to grow by 44.74% in the next year.