CURTISS-WRIGHT CORP (CW) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:CW - US2315611010 - Common Stock
543.95 USD
-3.41 (-0.62%)
543.95 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. Both the health and profitability get an excellent rating, making CW a very profitable company, without any liquidiy or solvency issues. 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
CW had positive earnings in the past year.
In the past year CW had a positive cash flow from operations.
In the past 5 years CW has always been profitable.
CW had a positive operating cash flow in each of the past 5 years.
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.
With an excellent Return On Invested Capital value of 11.90%, CW belongs to the best of the industry, outperforming 88.73% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for CW is in line with the industry average of 8.60%.
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 better Profit Margin (13.78%) than 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.
In the last couple of years the Operating Margin of CW has grown nicely.
The Gross Margin of CW (37.43%) is better than 76.06% of its industry peers.
CW's Gross Margin has been stable in the last couple of years.
| 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
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so CW is still creating some value.
Compared to 1 year ago, CW has less shares outstanding
Compared to 5 years ago, CW has less shares outstanding
CW has a better debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 7.08 indicates that CW is not in any danger for bankruptcy at the moment.
CW has a Altman-Z score of 7.08. This is in the better half of the industry: CW outperforms 74.65% 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.
Looking at the Debt to FCF ratio, with a value of 1.87, CW belongs to the top of the industry, outperforming 92.96% of the companies in the same industry.
A Debt/Equity ratio of 0.38 indicates that CW is not too dependend on debt financing.
Looking at the Debt to Equity ratio, with a value of 0.38, CW is in line with its industry, outperforming 56.34% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.38 | ||
| Debt/FCF | 1.87 | ||
| Altman-Z | 7.08 |
ROIC/WACC1.19
WACC10%
2.3 Liquidity
A Current Ratio of 1.75 indicates that CW should not have too much problems paying its short term obligations.
CW's Current ratio of 1.75 is on the low side compared to the rest of the industry. CW is outperformed by 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 worse Quick ratio (1.17) than 66.20% 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
The Earnings Per Share has grown by an nice 18.22% over the past year.
CW shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 8.38% yearly.
Looking at the last year, CW shows a quite strong growth in Revenue. The Revenue has grown by 9.51% in the last year.
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
Based on estimates for the next years, CW will show a quite strong growth in Earnings Per Share. The EPS will grow by 14.56% on average per year.
The Revenue is expected to grow by 8.85% on average over the next years. This is quite good.
EPS Next Y24.36%
EPS Next 2Y17.98%
EPS Next 3Y15.72%
EPS Next 5Y14.56%
Revenue Next Year11.69%
Revenue Next 2Y9.4%
Revenue Next 3Y8.81%
Revenue Next 5Y8.85%
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
Based on the Price/Earnings ratio of 42.76, the valuation of CW can be described as expensive.
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 26.43. CW is valued rather expensively when compared to this.
With a Price/Forward Earnings ratio of 35.95, CW can be considered very expensive at the moment.
CW's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. CW is cheaper than 61.97% of the companies in the same industry.
CW's Price/Forward Earnings ratio indicates a rather expensive valuation when compared to the S&P500 average which is at 23.66.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 42.76 | ||
| Fwd PE | 35.95 |
4.2 Price Multiples
CW's Enterprise Value to EBITDA ratio is in line with the industry average.
Based on the Price/Free Cash Flow ratio, CW is valued a bit cheaper than the industry average as 70.42% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 38.82 | ||
| EV/EBITDA | 28.19 |
4.3 Compensation for Growth
The PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
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 15.72% in the coming years.
PEG (NY)1.76
PEG (5Y)5.1
EPS Next 2Y17.98%
EPS Next 3Y15.72%
5. Dividend
5.1 Amount
With a yearly dividend of 0.17%, CW is not a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 0.40, CW pays a bit more dividend than its industry peers.
With a Dividend Yield of 0.17, CW pays less dividend than the S&P500 average, which is at 1.87.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.17% |
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 2Y17.98%
EPS Next 3Y15.72%
543.95
-3.41 (-0.62%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryAerospace & Defense
Earnings (Last)
Earnings (Next)
Inst Owners87.2%
Inst Owner Change-2.87%
Ins Owners0.43%
Ins Owner Change-2.95%
Market Cap20.06B
Revenue(TTM)3.38B
Net Income(TTM)465.08M
Analysts82.5
Price Target594.56 (9.3%)
Short Float %0.98%
Short Ratio1.39
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.17% |
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)6.03%
PT rev (3m)18.96%
EPS NQ rev (1m)1.78%
EPS NQ rev (3m)1.86%
EPS NY rev (1m)0.99%
EPS NY rev (3m)1.53%
Revenue NQ rev (1m)2.2%
Revenue NQ rev (3m)1.45%
Revenue NY rev (1m)0.4%
Revenue NY rev (3m)0.45%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 42.76 | ||
| Fwd PE | 35.95 | ||
| P/S | 5.94 | ||
| P/FCF | 38.82 | ||
| P/OCF | 33.88 | ||
| P/B | 7.93 | ||
| P/tB | 70 | ||
| EV/EBITDA | 28.19 |
EPS(TTM)12.72
EY2.34%
EPS(NY)15.13
Fwd EY2.78%
FCF(TTM)14.01
FCFY2.58%
OCF(TTM)16.06
OCFY2.95%
SpS91.56
BVpS68.61
TBVpS7.77
PEG (NY)1.76
PEG (5Y)5.1
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 | 7.08 |
F-Score8
WACC10%
ROIC/WACC1.19
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 Y24.36%
EPS Next 2Y17.98%
EPS Next 3Y15.72%
EPS Next 5Y14.56%
Revenue 1Y (TTM)9.51%
Revenue growth 3Y7.67%
Revenue growth 5Y4.64%
Sales Q2Q%8.79%
Revenue Next Year11.69%
Revenue Next 2Y9.4%
Revenue Next 3Y8.81%
Revenue Next 5Y8.85%
EBIT growth 1Y13.95%
EBIT growth 3Y11.18%
EBIT growth 5Y6.26%
EBIT Next Year42.49%
EBIT Next 3Y19.46%
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%.