CURTISS-WRIGHT CORP (CW) Stock Fundamental Analysis
NYSE:CW - New York Stock Exchange, Inc. - US2315611010 - Common Stock - Currency: USD
CW gets a fundamental rating of 7 out of 10. The analysis compared the fundamentals against 65 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 decent growth rate and is not valued too expensively. 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.
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
The Return On Assets of CW (8.12%) is better than 84.62% of its industry peers.
CW's Return On Equity of 16.53% is amongst the best of the industry. CW outperforms 84.62% of its industry peers.
CW has a better Return On Invested Capital (10.79%) than 89.23% of its industry peers.
The Average Return On Invested Capital over the past 3 years for CW is above the industry average of 7.87%.
The last Return On Invested Capital (10.79%) for CW is above the 3 year average (10.03%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 8.12% | ||
| ROE | 16.53% | ||
| ROIC | 10.79% |
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 12.98%. This is amongst the best in the industry. CW outperforms 87.69% 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 17.44%. This is amongst the best in the industry. CW outperforms 90.77% of its industry peers.
CW's Operating Margin has improved in the last couple of years.
With a decent Gross Margin value of 37.00%, CW is doing good in the industry, outperforming 75.38% of the companies in the same industry.
CW's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 17.44% | ||
| PM (TTM) | 12.98% | ||
| GM | 37% |
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.
CW has less shares outstanding than it did 1 year ago.
The number of shares outstanding for CW has been reduced compared to 5 years ago.
Compared to 1 year ago, CW has an improved debt to assets ratio.
2.2 Solvency
CW has an Altman-Z score of 5.07. This indicates that CW is financially healthy and has little risk of bankruptcy at the moment.
CW has a better Altman-Z score (5.07) than 67.69% of its industry peers.
CW has a debt to FCF ratio of 2.17. This is a good value and a sign of high solvency as CW would need 2.17 years to pay back of all of its debts.
With an excellent Debt to FCF ratio value of 2.17, CW belongs to the best of the industry, outperforming 93.85% of the companies in the same industry.
A Debt/Equity ratio of 0.39 indicates that CW is not too dependend on debt financing.
Looking at the Debt to Equity ratio, with a value of 0.39, CW is in line with its industry, outperforming 60.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.39 | ||
| Debt/FCF | 2.17 | ||
| Altman-Z | 5.07 |
ROIC/WACC1.12
WACC9.65%
2.3 Liquidity
A Current Ratio of 1.69 indicates that CW should not have too much problems paying its short term obligations.
CW has a Current ratio of 1.69. This is in the lower half of the industry: CW underperforms 63.08% of its industry peers.
A Quick Ratio of 1.19 indicates that CW should not have too much problems paying its short term obligations.
The Quick ratio of CW (1.19) is worse than 61.54% of its industry peers.
The current and quick ratio evaluation for CW is rather negative, while it does have 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 | 1.69 | ||
| Quick Ratio | 1.19 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an nice 15.88% 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 9.69% in the last year.
The Revenue has been growing slightly by 4.64% on average over the past years.
EPS 1Y (TTM)15.88%
EPS 3Y13.93%
EPS 5Y8.38%
EPS Q2Q%3.48%
Revenue 1Y (TTM)9.69%
Revenue growth 3Y7.67%
Revenue growth 5Y4.64%
Sales Q2Q%4.9%
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 12.48% on average per year.
Based on estimates for the next years, CW will show a small growth in Revenue. The Revenue will grow by 7.60% on average per year.
EPS Next Y15.92%
EPS Next 2Y11.6%
EPS Next 3Y11.18%
EPS Next 5Y12.48%
Revenue Next Year9.29%
Revenue Next 2Y7.71%
Revenue Next 3Y7.41%
Revenue Next 5Y7.6%
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better 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 accelerating.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 29.46, 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 67.69% of the companies in the same industry.
CW's Price/Earnings ratio indicates a similar valuation than the S&P500 average which is at 27.63.
With a Price/Forward Earnings ratio of 25.41, 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 67.69% of the companies in the same industry.
CW is valuated rather expensively when we compare the Price/Forward Earnings ratio to 20.85, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 29.46 | ||
| Fwd PE | 25.41 |
4.2 Price Multiples
The rest of the industry has a similar Enterprise Value to EBITDA ratio as CW.
Based on the Price/Free Cash Flow ratio, CW is valued cheaply inside the industry as 87.69% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 24.97 | ||
| EV/EBITDA | 19.31 |
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.
PEG (NY)1.85
PEG (5Y)3.52
EPS Next 2Y11.6%
EPS Next 3Y11.18%
5. Dividend
5.1 Amount
With a yearly dividend of 0.26%, CW is not a good candidate for dividend investing.
CW's Dividend Yield is a higher than the industry average which is at 1.36.
Compared to an average S&P500 Dividend Yield of 2.51, CW's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.26% |
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 7.82% 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.
DP7.82%
EPS Next 2Y11.6%
EPS Next 3Y11.18%
NYSE:CW (4/22/2025, 2:12:16 PM)
320.22
+3.79 (+1.2%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryAerospace & Defense
Earnings (Last)
Earnings (Next)
Inst Owners86.59%
Inst Owner Change1.34%
Ins Owners0.46%
Ins Owner Change4.85%
Market Cap12.07B
Analysts83.53
Price Target401.7 (25.45%)
Short Float %1.18%
Short Ratio1.39
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.26% |
Yearly Dividend0.83
Dividend Growth(5Y)4.82%
DP7.82%
Div Incr Years8
Div Non Decr Years33
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)4.86%
Min EPS beat(2)2.8%
Max EPS beat(2)6.93%
EPS beat(4)4
Avg EPS beat(4)8.06%
Min EPS beat(4)2.8%
Max EPS beat(4)11.6%
EPS beat(8)8
Avg EPS beat(8)6.76%
EPS beat(12)10
Avg EPS beat(12)5.19%
EPS beat(16)12
Avg EPS beat(16)4.51%
Revenue beat(2)2
Avg Revenue beat(2)1.9%
Min Revenue beat(2)1.36%
Max Revenue beat(2)2.45%
Revenue beat(4)4
Avg Revenue beat(4)2.91%
Min Revenue beat(4)1.36%
Max Revenue beat(4)4.29%
Revenue beat(8)8
Avg Revenue beat(8)3.15%
Revenue beat(12)8
Avg Revenue beat(12)0.76%
Revenue beat(16)10
Avg Revenue beat(16)0.35%
PT rev (1m)0%
PT rev (3m)6.38%
EPS NQ rev (1m)-2.88%
EPS NQ rev (3m)-5.74%
EPS NY rev (1m)-0.77%
EPS NY rev (3m)3.32%
Revenue NQ rev (1m)0.24%
Revenue NQ rev (3m)2.37%
Revenue NY rev (1m)0%
Revenue NY rev (3m)2.97%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 29.46 | ||
| Fwd PE | 25.41 | ||
| P/S | 3.87 | ||
| P/FCF | 24.97 | ||
| P/OCF | 22.17 | ||
| P/B | 4.93 | ||
| P/tB | 68.09 | ||
| EV/EBITDA | 19.31 |
EPS(TTM)10.87
EY3.39%
EPS(NY)12.6
Fwd EY3.93%
FCF(TTM)12.82
FCFY4%
OCF(TTM)14.44
OCFY4.51%
SpS82.81
BVpS65
TBVpS4.7
PEG (NY)1.85
PEG (5Y)3.52
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 8.12% | ||
| ROE | 16.53% | ||
| ROCE | 14% | ||
| ROIC | 10.79% | ||
| ROICexc | 11.97% | ||
| ROICexgc | 34.05% | ||
| OM | 17.44% | ||
| PM (TTM) | 12.98% | ||
| GM | 37% | ||
| FCFM | 15.48% |
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%
ROICexcg growth 3Y10.1%
ROICexcg 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-Score7
Asset Turnover0.63
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.39 | ||
| Debt/FCF | 2.17 | ||
| Debt/EBITDA | 1.47 | ||
| Cap/Depr | 56.63% | ||
| Cap/Sales | 1.95% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 83.46% | ||
| Profit Quality | 119.34% | ||
| Current Ratio | 1.69 | ||
| Quick Ratio | 1.19 | ||
| Altman-Z | 5.07 |
F-Score7
WACC9.65%
ROIC/WACC1.12
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)15.88%
EPS 3Y13.93%
EPS 5Y8.38%
EPS Q2Q%3.48%
EPS Next Y15.92%
EPS Next 2Y11.6%
EPS Next 3Y11.18%
EPS Next 5Y12.48%
Revenue 1Y (TTM)9.69%
Revenue growth 3Y7.67%
Revenue growth 5Y4.64%
Sales Q2Q%4.9%
Revenue Next Year9.29%
Revenue Next 2Y7.71%
Revenue Next 3Y7.41%
Revenue Next 5Y7.6%
EBIT growth 1Y12.36%
EBIT growth 3Y11.18%
EBIT growth 5Y6.26%
EBIT Next Year34.5%
EBIT Next 3Y15.82%
EBIT Next 5Y11.87%
FCF growth 1Y19.8%
FCF growth 3Y11.72%
FCF growth 5Y6.57%
OCF growth 1Y21.47%
OCF growth 3Y11.97%
OCF growth 5Y5.25%