CURTISS-WRIGHT CORP (CW) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:CW - US2315611010 - Common Stock
544.6 USD
-5.43 (-0.99%)
544.6 USD
0 (0%)
CW gets a fundamental rating of 7 out of 10. The analysis compared the fundamentals against 72 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. These ratings would make CW suitable for quality investing!
1. Profitability
1.1 Basic Checks
In the past year CW was profitable.
CW had a positive operating cash flow in the past year.
In the past 5 years CW has always been profitable.
In the past 5 years CW always reported a positive cash flow from operatings.
1.2 Ratios
CW has a better Return On Assets (9.12%) than 91.55% of its industry peers.
CW has a Return On Equity of 18.39%. This is amongst the best in the industry. CW outperforms 85.92% of its industry peers.
Looking at the Return On Invested Capital, with a value of 11.90%, CW belongs to the top of the industry, outperforming 88.73% of the companies in the same industry.
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 8.58%.
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
With an excellent Profit Margin value of 13.78%, CW belongs to the best of the industry, outperforming 88.73% of the companies in the same industry.
In the last couple of years the Profit Margin of CW has remained more or less at the same level.
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.
CW has a better Gross Margin (37.43%) than 76.06% 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
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so CW is still 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
An Altman-Z score of 7.09 indicates that CW is not in any danger for bankruptcy at the moment.
With a decent Altman-Z score value of 7.09, CW is doing good in the industry, outperforming 71.83% of the companies in the same industry.
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 | 7.09 |
ROIC/WACC1.23
WACC9.69%
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.
Looking at the Current ratio, with a value of 1.75, CW is in line with its industry, outperforming 40.85% of the companies in the same 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: 63.38% 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
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%.
The Revenue has been growing slightly by 4.64% on average over the past years.
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.
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 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
A Price/Earnings ratio of 42.81 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 63.38% of the companies listed in the same industry.
CW is valuated expensively when we compare the Price/Earnings ratio to 26.49, which is the current average of the S&P500 Index.
Based on the Price/Forward Earnings ratio of 36.00, 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/Forward Earnings ratio.
CW's Price/Forward Earnings ratio indicates a rather expensive valuation when compared to the S&P500 average which is at 23.69.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 42.81 | ||
| Fwd PE | 36 |
4.2 Price Multiples
CW's Enterprise Value to EBITDA is on the same level as the industry average.
Based on the Price/Free Cash Flow ratio, CW is valued a bit cheaper than the industry average as 71.83% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 38.87 | ||
| EV/EBITDA | 28.22 |
4.3 Compensation for Growth
CW's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
CW has an outstanding profitability rating, which may justify a higher PE ratio.
CW's earnings are expected to grow with 15.72% in the coming years. This may justify a more expensive valuation.
PEG (NY)1.76
PEG (5Y)5.11
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 1.12, 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 2.31.
| 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
CW pays out 7.08% of its income as dividend. This is a 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%
544.6
-5.43 (-0.99%)
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-2.54%
Market Cap20.08B
Revenue(TTM)3.38B
Net Income(TTM)465.08M
Analysts82.5
Price Target594.56 (9.17%)
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 | 42.81 | ||
| Fwd PE | 36 | ||
| P/S | 5.95 | ||
| P/FCF | 38.87 | ||
| P/OCF | 33.92 | ||
| P/B | 7.94 | ||
| P/tB | 70.08 | ||
| EV/EBITDA | 28.22 |
EPS(TTM)12.72
EY2.34%
EPS(NY)15.13
Fwd EY2.78%
FCF(TTM)14.01
FCFY2.57%
OCF(TTM)16.06
OCFY2.95%
SpS91.56
BVpS68.61
TBVpS7.77
PEG (NY)1.76
PEG (5Y)5.11
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 | 7.09 |
F-Score8
WACC9.69%
ROIC/WACC1.23
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%.