CURTISS-WRIGHT CORP (CW) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:CW - US2315611010 - Common Stock
605.1 USD
+22.49 (+3.86%)
605.1 USD
0 (0%)
Overall CW gets a fundamental rating of 7 out of 10. We evaluated CW against 71 industry peers in the Aerospace & Defense industry. CW has outstanding health and profitabily ratings, belonging to the best of the industry. This is a solid base for any company. CW has a correct valuation and a medium growth rate. With these ratings, CW could be worth investigating further 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.
CW had positive earnings in each of the past 5 years.
In the past 5 years CW always reported a positive cash flow from operatings.
1.2 Ratios
The Return On Assets of CW (9.12%) is better than 91.55% of its industry peers.
The Return On Equity of CW (18.39%) is better than 85.92% of its industry peers.
CW has a Return On Invested Capital of 11.90%. This is amongst the best in 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 8.54%.
The last Return On Invested Capital (11.90%) for CW is above the 3 year average (10.03%), which is a sign of increasing profitability.
| 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 has a Profit Margin of 13.78%. This is amongst the best in the industry. CW outperforms 88.73% of its industry peers.
In the last couple of years the Profit Margin of CW has remained more or less at the same level.
CW has a Operating Margin of 18.30%. This is amongst the best in the industry. CW outperforms 88.73% of its industry peers.
In the last couple of years the Operating Margin of CW has grown nicely.
CW's Gross Margin of 37.43% is fine compared to the rest of the industry. CW outperforms 77.46% of its industry peers.
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
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), CW is creating some value.
The number of shares outstanding for CW has been reduced compared to 1 year ago.
CW has less shares outstanding than it did 5 years ago.
Compared to 1 year ago, CW has an improved debt to assets ratio.
2.2 Solvency
An Altman-Z score of 7.61 indicates that CW is not in any danger for bankruptcy at the moment.
CW has a Altman-Z score of 7.61. This is in the better half of the industry: CW outperforms 70.42% 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.
With an excellent Debt to FCF ratio value of 1.87, CW belongs to the best of the industry, outperforming 92.96% of the companies in the same industry.
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 of 0.38. This is comparable to the rest of the industry: CW outperforms 56.34% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.38 | ||
| Debt/FCF | 1.87 | ||
| Altman-Z | 7.61 |
ROIC/WACC1.27
WACC9.4%
2.3 Liquidity
A Current Ratio of 1.75 indicates that CW should not have too much problems paying its short term obligations.
The Current ratio of CW (1.75) is worse than 63.38% of its industry peers.
CW has a Quick Ratio of 1.17. This is a normal value and indicates that CW is financially healthy and should not expect problems in meeting its short term obligations.
CW has a Quick ratio of 1.17. This is in the lower half of the industry: CW underperforms 64.79% of its industry peers.
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.
The Earnings Per Share has been growing by 8.38% on average over the past years. This is quite good.
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
The Earnings Per Share is expected to grow by 14.57% on average over the next years. This is quite good.
CW is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 8.86% yearly.
EPS Next Y24.27%
EPS Next 2Y18.03%
EPS Next 3Y15.76%
EPS Next 5Y14.57%
Revenue Next Year11.69%
Revenue Next 2Y9.43%
Revenue Next 3Y8.84%
Revenue Next 5Y8.86%
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
A Price/Earnings ratio of 47.57 indicates a quite expensive valuation of CW.
Compared to the rest of the industry, the Price/Earnings ratio of CW indicates a somewhat cheap valuation: CW is cheaper than 60.56% of the companies listed in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 27.19, CW is valued quite expensively.
With a Price/Forward Earnings ratio of 39.96, CW can be considered very expensive at the moment.
61.97% of the companies in the same industry are more expensive than CW, based on the Price/Forward Earnings ratio.
Compared to an average S&P500 Price/Forward Earnings ratio of 23.92, CW is valued quite expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 47.57 | ||
| Fwd PE | 39.96 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of CW is on the same level as its industry peers.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of CW indicates a somewhat cheap valuation: CW is cheaper than 71.83% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 43.18 | ||
| EV/EBITDA | 31.25 |
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.
The excellent profitability rating of CW may justify a higher PE ratio.
A more expensive valuation may be justified as CW's earnings are expected to grow with 15.76% in the coming years.
PEG (NY)1.96
PEG (5Y)5.68
EPS Next 2Y18.03%
EPS Next 3Y15.76%
5. Dividend
5.1 Amount
CW has a yearly dividend return of 0.16%, which is pretty low.
CW's Dividend Yield is a higher than the industry average which is at 0.37.
Compared to an average S&P500 Dividend Yield of 1.92, CW's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.16% |
5.2 History
The dividend of CW has a limited annual growth rate of 4.82%.
CW has paid a dividend for at least 10 years, which is a reliable track record.
CW has not decreased its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.
Dividend Growth(5Y)4.82%
Div Incr Years8
Div Non Decr Years33
5.3 Sustainability
CW pays out 7.08% of its income as dividend. This is a sustainable payout ratio.
CW's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP7.08%
EPS Next 2Y18.03%
EPS Next 3Y15.76%
605.1
+22.49 (+3.86%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryAerospace & Defense
Earnings (Last)
Earnings (Next)
Inst Owners87.06%
Inst Owner Change1.06%
Ins Owners0.42%
Ins Owner Change-2.74%
Market Cap22.31B
Revenue(TTM)3.38B
Net Income(TTM)465.08M
Analysts81.18
Price Target599.17 (-0.98%)
Short Float %1.15%
Short Ratio1.61
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.16% |
Yearly Dividend0.83
Dividend Growth(5Y)4.82%
DP7.08%
Div Incr Years8
Div Non Decr Years33
Ex-DateN/A
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)0.77%
PT rev (3m)19.88%
EPS NQ rev (1m)-0.28%
EPS NQ rev (3m)1.57%
EPS NY rev (1m)-0.07%
EPS NY rev (3m)1.45%
Revenue NQ rev (1m)0.01%
Revenue NQ rev (3m)1.46%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.45%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 47.57 | ||
| Fwd PE | 39.96 | ||
| P/S | 6.61 | ||
| P/FCF | 43.18 | ||
| P/OCF | 37.69 | ||
| P/B | 8.82 | ||
| P/tB | 77.87 | ||
| EV/EBITDA | 31.25 |
EPS(TTM)12.72
EY2.1%
EPS(NY)15.14
Fwd EY2.5%
FCF(TTM)14.01
FCFY2.32%
OCF(TTM)16.06
OCFY2.65%
SpS91.56
BVpS68.61
TBVpS7.77
PEG (NY)1.96
PEG (5Y)5.68
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 | 7.61 |
F-Score8
WACC9.4%
ROIC/WACC1.27
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 Y24.27%
EPS Next 2Y18.03%
EPS Next 3Y15.76%
EPS Next 5Y14.57%
Revenue 1Y (TTM)9.51%
Revenue growth 3Y7.67%
Revenue growth 5Y4.64%
Sales Q2Q%8.79%
Revenue Next Year11.69%
Revenue Next 2Y9.43%
Revenue Next 3Y8.84%
Revenue Next 5Y8.86%
EBIT growth 1Y13.95%
EBIT growth 3Y11.18%
EBIT growth 5Y6.26%
EBIT Next Year42.23%
EBIT Next 3Y19.45%
EBIT Next 5Y17.15%
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.
What is the valuation status of CURTISS-WRIGHT CORP (CW) stock?
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.
What are the PE and PB ratios of CURTISS-WRIGHT CORP (CW) stock?
The Price/Earnings (PE) ratio for CURTISS-WRIGHT CORP (CW) is 47.57 and the Price/Book (PB) ratio is 8.82.
How sustainable is the dividend of CURTISS-WRIGHT CORP (CW) stock?
The dividend rating of CURTISS-WRIGHT CORP (CW) is 6 / 10 and the dividend payout ratio is 7.08%.