AMERICAN WOODMARK CORP (AMWD) Stock Fundamental Analysis
NASDAQ:AMWD - Nasdaq - US0305061097 - Common Stock - Currency: USD
Overall AMWD gets a fundamental rating of 3 out of 10. We evaluated AMWD against 41 industry peers in the Building Products industry. Both the profitability and the financial health of AMWD get a neutral evaluation. Nothing too spectacular is happening here. AMWD has a valuation in line with the averages, but on the other hand it scores bad on growth.
1. Profitability
1.1 Basic Checks
AMWD had positive earnings in the past year.
In the past year AMWD had a positive cash flow from operations.
Of the past 5 years AMWD 4 years were profitable.
In the past 5 years AMWD always reported a positive cash flow from operatings.
1.2 Ratios
The Return On Assets of AMWD (6.33%) is comparable to the rest of the industry.
AMWD has a Return On Equity (10.95%) which is comparable to the rest of the industry.
AMWD's Return On Invested Capital of 8.21% is in line compared to the rest of the industry. AMWD outperforms 41.46% of its industry peers.
AMWD had an Average Return On Invested Capital over the past 3 years of 6.21%. This is significantly below the industry average of 12.93%.
The last Return On Invested Capital (8.21%) for AMWD is above the 3 year average (6.21%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.33% | ||
| ROE | 10.95% | ||
| ROIC | 8.21% |
ROA(3y)3.88%
ROA(5y)3.98%
ROE(3y)6.55%
ROE(5y)7.65%
ROIC(3y)6.21%
ROIC(5y)6.37%
1.3 Margins
AMWD has a Profit Margin of 5.71%. This is in the lower half of the industry: AMWD underperforms 65.85% of its industry peers.
AMWD's Profit Margin has improved in the last couple of years.
With a Operating Margin value of 8.54%, AMWD is not doing good in the industry: 68.29% of the companies in the same industry are doing better.
AMWD's Operating Margin has been stable in the last couple of years.
Looking at the Gross Margin, with a value of 18.29%, AMWD is doing worse than 82.93% of the companies in the same industry.
In the last couple of years the Gross Margin of AMWD has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 8.54% | ||
| PM (TTM) | 5.71% | ||
| GM | 18.29% |
OM growth 3Y8.09%
OM growth 5Y-0.02%
PM growth 3Y21.48%
PM growth 5Y4.34%
GM growth 3Y3.45%
GM growth 5Y-0.59%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so AMWD is destroying value.
AMWD has less shares outstanding than it did 1 year ago.
Compared to 5 years ago, AMWD has less shares outstanding
The debt/assets ratio for AMWD has been reduced compared to a year ago.
2.2 Solvency
An Altman-Z score of 2.78 indicates that AMWD is not a great score, but indicates only limited risk for bankruptcy at the moment.
AMWD's Altman-Z score of 2.78 is in line compared to the rest of the industry. AMWD outperforms 41.46% of its industry peers.
AMWD has a debt to FCF ratio of 9.35. This is a negative value and a sign of low solvency as AMWD would need 9.35 years to pay back of all of its debts.
AMWD's Debt to FCF ratio of 9.35 is on the low side compared to the rest of the industry. AMWD is outperformed by 70.73% of its industry peers.
A Debt/Equity ratio of 0.40 indicates that AMWD is not too dependend on debt financing.
AMWD's Debt to Equity ratio of 0.40 is in line compared to the rest of the industry. AMWD outperforms 58.54% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.4 | ||
| Debt/FCF | 9.35 | ||
| Altman-Z | 2.78 |
ROIC/WACC0.87
WACC9.49%
2.3 Liquidity
A Current Ratio of 2.01 indicates that AMWD has no problem at all paying its short term obligations.
AMWD's Current ratio of 2.01 is in line compared to the rest of the industry. AMWD outperforms 48.78% of its industry peers.
AMWD has a Quick Ratio of 1.06. This is a normal value and indicates that AMWD is financially healthy and should not expect problems in meeting its short term obligations.
Looking at the Quick ratio, with a value of 1.06, AMWD is doing worse than 65.85% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.01 | ||
| Quick Ratio | 1.06 |
3. Growth
3.1 Past
AMWD shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -25.42%.
AMWD shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 4.23% yearly.
Looking at the last year, AMWD shows a decrease in Revenue. The Revenue has decreased by -6.02% in the last year.
AMWD shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 2.35% yearly.
EPS 1Y (TTM)-25.42%
EPS 3Y9.86%
EPS 5Y4.23%
EPS Q2Q%-36.75%
Revenue 1Y (TTM)-6.02%
Revenue growth 3Y1.94%
Revenue growth 5Y2.35%
Sales Q2Q%-5.81%
3.2 Future
AMWD is expected to show a decrease in Earnings Per Share. In the coming years, the EPS will decrease by -0.35% yearly.
Based on estimates for the next years, AMWD will show a decrease in Revenue. The Revenue will decrease by -0.34% on average per year.
EPS Next Y-22.04%
EPS Next 2Y-9.8%
EPS Next 3Y-0.35%
EPS Next 5YN/A
Revenue Next Year-5.34%
Revenue Next 2Y-2.65%
Revenue Next 3Y-0.34%
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
AMWD is valuated reasonably with a Price/Earnings ratio of 8.23.
92.68% of the companies in the same industry are more expensive than AMWD, based on the Price/Earnings ratio.
When comparing the Price/Earnings ratio of AMWD to the average of the S&P500 Index (27.63), we can say AMWD is valued rather cheaply.
The Price/Forward Earnings ratio is 8.00, which indicates a rather cheap valuation of AMWD.
Compared to the rest of the industry, the Price/Forward Earnings ratio of AMWD indicates a rather cheap valuation: AMWD is cheaper than 92.68% of the companies listed in the same industry.
When comparing the Price/Forward Earnings ratio of AMWD to the average of the S&P500 Index (20.85), we can say AMWD is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.23 | ||
| Fwd PE | 8 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of AMWD indicates a rather cheap valuation: AMWD is cheaper than 97.56% of the companies listed in the same industry.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of AMWD is on the same level as its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 20.44 | ||
| EV/EBITDA | 5.55 |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)1.95
EPS Next 2Y-9.8%
EPS Next 3Y-0.35%
5. Dividend
5.1 Amount
AMWD does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
55.3
+1.27 (+2.35%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryBuilding Products
Earnings (Last)
Earnings (Next)
Inst Owners95.82%
Inst Owner Change-0.02%
Ins Owners1.26%
Ins Owner Change-0.55%
Market Cap820.10M
Analysts82.22
Price Target93.5 (69.08%)
Short Float %3.77%
Short Ratio3.51
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DP0%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-18.14%
Min EPS beat(2)-22.6%
Max EPS beat(2)-13.68%
EPS beat(4)0
Avg EPS beat(4)-16.14%
Min EPS beat(4)-22.6%
Max EPS beat(4)-6.37%
EPS beat(8)4
Avg EPS beat(8)4.23%
EPS beat(12)7
Avg EPS beat(12)5.04%
EPS beat(16)7
Avg EPS beat(16)-5.08%
Revenue beat(2)0
Avg Revenue beat(2)-3.56%
Min Revenue beat(2)-3.93%
Max Revenue beat(2)-3.2%
Revenue beat(4)1
Avg Revenue beat(4)-2.91%
Min Revenue beat(4)-5.31%
Max Revenue beat(4)0.8%
Revenue beat(8)2
Avg Revenue beat(8)-1.37%
Revenue beat(12)3
Avg Revenue beat(12)-1.32%
Revenue beat(16)4
Avg Revenue beat(16)-1.93%
PT rev (1m)0%
PT rev (3m)-19.24%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-24.68%
EPS NY rev (1m)-8.41%
EPS NY rev (3m)-8.67%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-5.93%
Revenue NY rev (1m)-0.39%
Revenue NY rev (3m)-1.77%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.23 | ||
| Fwd PE | 8 | ||
| P/S | 0.47 | ||
| P/FCF | 20.44 | ||
| P/OCF | 7.66 | ||
| P/B | 0.89 | ||
| P/tB | 5.4 | ||
| EV/EBITDA | 5.55 |
EPS(TTM)6.72
EY12.15%
EPS(NY)6.92
Fwd EY12.51%
FCF(TTM)2.71
FCFY4.89%
OCF(TTM)7.22
OCFY13.05%
SpS118.84
BVpS62.01
TBVpS10.25
PEG (NY)N/A
PEG (5Y)1.95
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.33% | ||
| ROE | 10.95% | ||
| ROCE | 10.75% | ||
| ROIC | 8.21% | ||
| ROICexc | 8.48% | ||
| ROICexgc | 19.51% | ||
| OM | 8.54% | ||
| PM (TTM) | 5.71% | ||
| GM | 18.29% | ||
| FCFM | 2.28% |
ROA(3y)3.88%
ROA(5y)3.98%
ROE(3y)6.55%
ROE(5y)7.65%
ROIC(3y)6.21%
ROIC(5y)6.37%
ROICexc(3y)6.5%
ROICexc(5y)6.72%
ROICexgc(3y)16.25%
ROICexgc(5y)18.41%
ROCE(3y)8.13%
ROCE(5y)8.33%
ROICexcg growth 3Y3.76%
ROICexcg growth 5Y-7.11%
ROICexc growth 3Y11.08%
ROICexc growth 5Y2.49%
OM growth 3Y8.09%
OM growth 5Y-0.02%
PM growth 3Y21.48%
PM growth 5Y4.34%
GM growth 3Y3.45%
GM growth 5Y-0.59%
F-Score5
Asset Turnover1.11
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.4 | ||
| Debt/FCF | 9.35 | ||
| Debt/EBITDA | 1.8 | ||
| Cap/Depr | 125.12% | ||
| Cap/Sales | 3.79% | ||
| Interest Coverage | 10.03 | ||
| Cash Conversion | 52.45% | ||
| Profit Quality | 39.86% | ||
| Current Ratio | 2.01 | ||
| Quick Ratio | 1.06 | ||
| Altman-Z | 2.78 |
F-Score5
WACC9.49%
ROIC/WACC0.87
Cap/Depr(3y)68.9%
Cap/Depr(5y)54.89%
Cap/Sales(3y)3.12%
Cap/Sales(5y)2.67%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-25.42%
EPS 3Y9.86%
EPS 5Y4.23%
EPS Q2Q%-36.75%
EPS Next Y-22.04%
EPS Next 2Y-9.8%
EPS Next 3Y-0.35%
EPS Next 5YN/A
Revenue 1Y (TTM)-6.02%
Revenue growth 3Y1.94%
Revenue growth 5Y2.35%
Sales Q2Q%-5.81%
Revenue Next Year-5.34%
Revenue Next 2Y-2.65%
Revenue Next 3Y-0.34%
Revenue Next 5YN/A
EBIT growth 1Y-7.57%
EBIT growth 3Y10.19%
EBIT growth 5Y2.32%
EBIT Next Year9.03%
EBIT Next 3Y7.23%
EBIT Next 5YN/A
FCF growth 1Y-65.67%
FCF growth 3Y6.36%
FCF growth 5Y-2.52%
OCF growth 1Y-27.85%
OCF growth 3Y14.98%
OCF growth 5Y3.88%