CURTISS-WRIGHT CORP (CW) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:CW - US2315611010 - Common Stock
547.36 USD
+1.8 (+0.33%)
547.36 USD
0 (0%)
Taking everything into account, CW scores 7 out of 10 in our fundamental rating. CW was compared to 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 decent growth rate and is not valued too expensively. This makes CW very considerable 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.
CW has a better Return On Equity (18.39%) than 85.92% of its industry peers.
The Return On Invested Capital of CW (11.90%) is better than 88.73% of its industry peers.
CW had an Average Return On Invested Capital over the past 3 years of 10.03%. This is in line with the industry average of 8.60%.
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 has a Profit Margin of 13.78%. This is amongst the best in 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 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.
With a decent Gross Margin value of 37.43%, CW is doing good in the industry, outperforming 76.06% 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 | 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.
CW has less shares outstanding than it did 1 year ago.
CW has less shares outstanding than it did 5 years ago.
CW has a better debt/assets ratio than last year.
2.2 Solvency
CW has an Altman-Z score of 7.11. This indicates that CW is financially healthy and has little risk of bankruptcy at the moment.
CW has a better Altman-Z score (7.11) than 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.
CW has a better Debt to FCF ratio (1.87) than 92.96% of its industry peers.
A Debt/Equity ratio of 0.38 indicates that CW is not too dependend on debt financing.
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 | 7.11 |
ROIC/WACC1.19
WACC10.02%
2.3 Liquidity
CW has a Current Ratio of 1.75. 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 Current ratio of 1.75. This is in the lower half of the industry: CW underperforms 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.
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 | 1.75 | ||
| 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.
CW shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 9.51%.
CW shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 4.64% yearly.
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 14.56% on average over the next years. This is quite good.
Based on estimates for the next years, CW will show a quite strong growth in Revenue. The Revenue will grow by 8.85% on average per year.
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
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.
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 43.03, the valuation of CW can be described as expensive.
61.97% of the companies in the same industry are more expensive than CW, based on the Price/Earnings ratio.
Compared to an average S&P500 Price/Earnings ratio of 26.55, CW is valued quite expensively.
The Price/Forward Earnings ratio is 36.18, which means the current valuation is very expensive for CW.
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 23.78.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 43.03 | ||
| Fwd PE | 36.18 |
4.2 Price Multiples
CW's Enterprise Value to EBITDA is on the same level as the industry average.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of CW indicates a somewhat cheap valuation: CW is cheaper than 70.42% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 39.06 | ||
| EV/EBITDA | 28.36 |
4.3 Compensation for Growth
CW's 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)1.77
PEG (5Y)5.14
EPS Next 2Y17.98%
EPS Next 3Y15.72%
5. Dividend
5.1 Amount
CW has a yearly dividend return of 0.17%, which is pretty low.
CW's Dividend Yield is a higher than the industry average which is at 0.40.
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 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
7.08% of the earnings are spent on dividend by CW. This is a low number and sustainable payout ratio.
CW's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP7.08%
EPS Next 2Y17.98%
EPS Next 3Y15.72%
547.36
+1.8 (+0.33%)
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 Cap20.18B
Revenue(TTM)3.38B
Net Income(TTM)465.08M
Analysts82.5
Price Target594.56 (8.62%)
Short Float %1.03%
Short Ratio1.51
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 | 43.03 | ||
| Fwd PE | 36.18 | ||
| P/S | 5.98 | ||
| P/FCF | 39.06 | ||
| P/OCF | 34.09 | ||
| P/B | 7.98 | ||
| P/tB | 70.44 | ||
| EV/EBITDA | 28.36 |
EPS(TTM)12.72
EY2.32%
EPS(NY)15.13
Fwd EY2.76%
FCF(TTM)14.01
FCFY2.56%
OCF(TTM)16.06
OCFY2.93%
SpS91.56
BVpS68.61
TBVpS7.77
PEG (NY)1.77
PEG (5Y)5.14
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 | 7.11 |
F-Score8
WACC10.02%
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%.