CURTISS-WRIGHT CORP (CW) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:CW - US2315611010 - Common Stock
564.29 USD
+1.33 (+0.24%)
562 USD
-2.29 (-0.41%)
Overall CW gets a fundamental rating of 7 out of 10. We evaluated CW against 71 industry peers in the Aerospace & Defense industry. CW scores excellent points on both the profitability and health parts. This is a solid base for a good stock. CW has a correct valuation and a medium growth rate. These ratings would make CW suitable for quality investing!
1. Profitability
1.1 Basic Checks
In the past year CW was profitable.
In the past year CW had a positive cash flow from operations.
Each year in the past 5 years CW has been profitable.
Each year in the past 5 years CW had a positive operating cash flow.
1.2 Ratios
With an excellent Return On Assets value of 9.12%, CW belongs to the best of the industry, outperforming 92.96% of the companies in the same industry.
The Return On Equity of CW (18.39%) is better than 85.92% of its industry peers.
CW's Return On Invested Capital of 11.90% is amongst the best of the industry. CW outperforms 88.73% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for CW is in line with the industry average of 8.53%.
The 3 year average ROIC (10.03%) for CW is below the current ROIC(11.90%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 9.12% | ||
| ROE | 18.39% | ||
| ROIC | 11.9% |
ROA(3y)7.47%
ROA(5y)6.76%
ROE(3y)15.54%
ROE(5y)14.45%
ROIC(3y)10.03%
ROIC(5y)9.53%
1.3 Margins
CW's Profit Margin of 13.78% is amongst the best of the industry. CW outperforms 88.73% of its industry peers.
CW's Profit Margin has been stable in the last couple of years.
CW has a better Operating Margin (18.30%) than 88.73% of its industry peers.
CW's Operating Margin has improved in the last couple of years.
With a decent Gross Margin value of 37.43%, CW is doing good in the industry, outperforming 77.46% of the companies in the same industry.
In the last couple of years the Gross Margin of CW has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 18.3% | ||
| PM (TTM) | 13.78% | ||
| GM | 37.43% |
OM growth 3Y3.26%
OM growth 5Y1.55%
PM growth 3Y7.28%
PM growth 5Y0.97%
GM growth 3Y-0.09%
GM growth 5Y0.48%
2. Health
2.1 Basic Checks
CW has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
Compared to 1 year ago, CW has less shares outstanding
Compared to 5 years ago, CW has less shares outstanding
Compared to 1 year ago, CW has an improved debt to assets ratio.
2.2 Solvency
CW has an Altman-Z score of 7.24. This indicates that CW is financially healthy and has little risk of bankruptcy at the moment.
The Altman-Z score of CW (7.24) is better than 76.06% of its industry peers.
The Debt to FCF ratio of CW is 1.87, which is an excellent value as it means it would take CW, only 1.87 years of fcf income to pay off all of its debts.
CW has a Debt to FCF ratio of 1.87. This is amongst the best in the industry. CW outperforms 92.96% of its industry peers.
CW has a Debt/Equity ratio of 0.38. This is a healthy value indicating a solid balance between debt and equity.
CW has a Debt to Equity ratio (0.38) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.38 | ||
| Debt/FCF | 1.87 | ||
| Altman-Z | 7.24 |
ROIC/WACC1.18
WACC10.05%
2.3 Liquidity
A Current Ratio of 1.75 indicates that CW should not have too much problems paying its short term obligations.
CW has a Current ratio (1.75) which is comparable to the rest of the industry.
A Quick Ratio of 1.17 indicates that CW should not have too much problems paying its short term obligations.
With a Quick ratio value of 1.17, CW is not doing good in the industry: 60.56% of the companies in the same industry are doing better.
CW does not score too well on the current and quick ratio evaluation. However, as it has excellent solvency and profitability, these ratios do not necessarly indicate liquidity issues and need to be evaluated against the specifics of the business.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.75 | ||
| Quick Ratio | 1.17 |
3. Growth
3.1 Past
CW shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 18.22%, which is quite good.
Measured over the past years, CW shows a quite strong growth in Earnings Per Share. The EPS has been growing by 8.38% on average per year.
The Revenue has grown by 9.51% in the past year. This is quite good.
Measured over the past years, CW shows a small growth in Revenue. The Revenue has been growing by 4.64% on average per year.
EPS 1Y (TTM)18.22%
EPS 3Y13.93%
EPS 5Y8.38%
EPS Q2Q%14.48%
Revenue 1Y (TTM)9.51%
Revenue growth 3Y7.67%
Revenue growth 5Y4.64%
Sales Q2Q%8.79%
3.2 Future
CW is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 14.56% yearly.
CW is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 8.85% yearly.
EPS Next Y23.14%
EPS Next 2Y16.38%
EPS Next 3Y14.15%
EPS Next 5Y14.56%
Revenue Next Year11.25%
Revenue Next 2Y8.99%
Revenue Next 3Y8.24%
Revenue Next 5Y8.85%
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 44.36, CW can be considered very expensive at the moment.
CW's Price/Earnings ratio is a bit cheaper when compared to the industry. CW is cheaper than 60.56% of the companies in the same industry.
The average S&P500 Price/Earnings ratio is at 26.31. CW is valued rather expensively when compared to this.
With a Price/Forward Earnings ratio of 38.33, CW can be considered very expensive at the moment.
60.56% of the companies in the same industry are more expensive than CW, based on the Price/Forward Earnings ratio.
The average S&P500 Price/Forward Earnings ratio is at 36.59. CW is around the same levels.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 44.36 | ||
| Fwd PE | 38.33 |
4.2 Price Multiples
CW's Enterprise Value to EBITDA ratio is in line with the industry average.
70.42% of the companies in the same industry are more expensive than CW, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 40.27 | ||
| EV/EBITDA | 29.14 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates CW does not grow enough to justify the current Price/Earnings ratio.
CW has an outstanding profitability rating, which may justify a higher PE ratio.
A more expensive valuation may be justified as CW's earnings are expected to grow with 14.15% in the coming years.
PEG (NY)1.92
PEG (5Y)5.3
EPS Next 2Y16.38%
EPS Next 3Y14.15%
5. Dividend
5.1 Amount
CW has a yearly dividend return of 0.18%, which is pretty low.
Compared to an average industry Dividend Yield of 1.15, CW pays a bit more dividend than its industry peers.
Compared to an average S&P500 Dividend Yield of 2.40, CW's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.18% |
5.2 History
The dividend of CW has a limited annual growth rate of 4.82%.
CW has been paying a dividend for at least 10 years, so it has a reliable track record.
CW has not decreased their dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)4.82%
Div Incr Years8
Div Non Decr Years33
5.3 Sustainability
7.08% of the earnings are spent on dividend by CW. This is a low number and sustainable payout ratio.
The dividend of CW is growing, but earnings are growing more, so the dividend growth is sustainable.
DP7.08%
EPS Next 2Y16.38%
EPS Next 3Y14.15%
564.29
+1.33 (+0.24%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryAerospace & Defense
Earnings (Last)
Earnings (Next)
Inst Owners86.4%
Inst Owner Change-2.87%
Ins Owners0.45%
Ins Owner Change-2.01%
Market Cap20.81B
Revenue(TTM)3.38B
Net Income(TTM)465.08M
Analysts82.5
Price Target594.56 (5.36%)
Short Float %1%
Short Ratio1.4
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.18% |
Yearly Dividend0.83
Dividend Growth(5Y)4.82%
DP7.08%
Div Incr Years8
Div Non Decr Years33
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)0.33%
Min EPS beat(2)0.33%
Max EPS beat(2)0.33%
EPS beat(4)4
Avg EPS beat(4)4.56%
Min EPS beat(4)0.33%
Max EPS beat(4)14.8%
EPS beat(8)8
Avg EPS beat(8)6.59%
EPS beat(12)11
Avg EPS beat(12)5.58%
EPS beat(16)13
Avg EPS beat(16)4.77%
Revenue beat(2)0
Avg Revenue beat(2)-1.55%
Min Revenue beat(2)-2.99%
Max Revenue beat(2)-0.12%
Revenue beat(4)2
Avg Revenue beat(4)0.03%
Min Revenue beat(4)-2.99%
Max Revenue beat(4)1.88%
Revenue beat(8)6
Avg Revenue beat(8)1.63%
Revenue beat(12)9
Avg Revenue beat(12)1.81%
Revenue beat(16)9
Avg Revenue beat(16)0.23%
PT rev (1m)18.96%
PT rev (3m)21.94%
EPS NQ rev (1m)0.98%
EPS NQ rev (3m)1.86%
EPS NY rev (1m)0.14%
EPS NY rev (3m)1.7%
Revenue NQ rev (1m)-0.54%
Revenue NQ rev (3m)-0.54%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.68%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 44.36 | ||
| Fwd PE | 38.33 | ||
| P/S | 6.16 | ||
| P/FCF | 40.27 | ||
| P/OCF | 35.15 | ||
| P/B | 8.23 | ||
| P/tB | 72.62 | ||
| EV/EBITDA | 29.14 |
EPS(TTM)12.72
EY2.25%
EPS(NY)14.72
Fwd EY2.61%
FCF(TTM)14.01
FCFY2.48%
OCF(TTM)16.06
OCFY2.85%
SpS91.56
BVpS68.61
TBVpS7.77
PEG (NY)1.92
PEG (5Y)5.3
Graham Number140.12
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 9.12% | ||
| ROE | 18.39% | ||
| ROCE | 15.44% | ||
| ROIC | 11.9% | ||
| ROICexc | 12.61% | ||
| ROICexgc | 31.06% | ||
| OM | 18.3% | ||
| PM (TTM) | 13.78% | ||
| GM | 37.43% | ||
| FCFM | 15.3% |
ROA(3y)7.47%
ROA(5y)6.76%
ROE(3y)15.54%
ROE(5y)14.45%
ROIC(3y)10.03%
ROIC(5y)9.53%
ROICexc(3y)11.07%
ROICexc(5y)10.36%
ROICexgc(3y)31.52%
ROICexgc(5y)29.76%
ROCE(3y)13.02%
ROCE(5y)12.36%
ROICexgc growth 3Y10.1%
ROICexgc growth 5Y1.55%
ROICexc growth 3Y7.83%
ROICexc growth 5Y0.32%
OM growth 3Y3.26%
OM growth 5Y1.55%
PM growth 3Y7.28%
PM growth 5Y0.97%
GM growth 3Y-0.09%
GM growth 5Y0.48%
F-Score8
Asset Turnover0.66
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.38 | ||
| Debt/FCF | 1.87 | ||
| Debt/EBITDA | 1.31 | ||
| Cap/Depr | 62.7% | ||
| Cap/Sales | 2.23% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 80.23% | ||
| Profit Quality | 111.08% | ||
| Current Ratio | 1.75 | ||
| Quick Ratio | 1.17 | ||
| Altman-Z | 7.24 |
F-Score8
WACC10.05%
ROIC/WACC1.18
Cap/Depr(3y)43.06%
Cap/Depr(5y)41.22%
Cap/Sales(3y)1.67%
Cap/Sales(5y)1.73%
Profit Quality(3y)106.77%
Profit Quality(5y)111.65%
High Growth Momentum
Growth
EPS 1Y (TTM)18.22%
EPS 3Y13.93%
EPS 5Y8.38%
EPS Q2Q%14.48%
EPS Next Y23.14%
EPS Next 2Y16.38%
EPS Next 3Y14.15%
EPS Next 5Y14.56%
Revenue 1Y (TTM)9.51%
Revenue growth 3Y7.67%
Revenue growth 5Y4.64%
Sales Q2Q%8.79%
Revenue Next Year11.25%
Revenue Next 2Y8.99%
Revenue Next 3Y8.24%
Revenue Next 5Y8.85%
EBIT growth 1Y13.95%
EBIT growth 3Y11.18%
EBIT growth 5Y6.26%
EBIT Next Year41.22%
EBIT Next 3Y18.09%
EBIT Next 5Y17.17%
FCF growth 1Y24%
FCF growth 3Y11.72%
FCF growth 5Y6.57%
OCF growth 1Y29.22%
OCF growth 3Y11.97%
OCF growth 5Y5.25%
CURTISS-WRIGHT CORP / CW FAQ
What is the ChartMill fundamental rating of CURTISS-WRIGHT CORP (CW) stock?
ChartMill assigns a fundamental rating of 7 / 10 to CW.
Can you provide the valuation status for CURTISS-WRIGHT CORP?
ChartMill assigns a valuation rating of 4 / 10 to CURTISS-WRIGHT CORP (CW). This can be considered as Fairly Valued.
Can you provide the profitability details for CURTISS-WRIGHT CORP?
CURTISS-WRIGHT CORP (CW) has a profitability rating of 8 / 10.
How financially healthy is CURTISS-WRIGHT CORP?
The financial health rating of CURTISS-WRIGHT CORP (CW) is 8 / 10.
Is the dividend of CURTISS-WRIGHT CORP sustainable?
The dividend rating of CURTISS-WRIGHT CORP (CW) is 6 / 10 and the dividend payout ratio is 7.08%.