HAYWARD HOLDINGS INC (HAYW) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:HAYW - US4212981009 - Common Stock
15.58 USD
-0.39 (-2.44%)
15.58 USD
0 (0%)
We assign a fundamental rating of 5 out of 10 to HAYW. HAYW was compared to 42 industry peers in the Building Products industry. HAYW has only an average score on both its financial health and profitability. HAYW has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
In the past year HAYW was profitable.
HAYW had a positive operating cash flow in the past year.
In the past 5 years HAYW has always been profitable.
Each year in the past 5 years HAYW had a positive operating cash flow.
1.2 Ratios
HAYW has a Return On Assets of 4.54%. This is comparable to the rest of the industry: HAYW outperforms 42.86% of its industry peers.
HAYW has a Return On Equity of 9.06%. This is comparable to the rest of the industry: HAYW outperforms 45.24% of its industry peers.
HAYW has a worse Return On Invested Capital (6.73%) than 64.29% of its industry peers.
HAYW had an Average Return On Invested Capital over the past 3 years of 7.09%. This is significantly below the industry average of 12.61%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.54% | ||
| ROE | 9.06% | ||
| ROIC | 6.73% |
ROA(3y)4.31%
ROA(5y)3.71%
ROE(3y)9.72%
ROE(5y)8.63%
ROIC(3y)7.09%
ROIC(5y)7.25%
1.3 Margins
HAYW's Profit Margin of 12.54% is fine compared to the rest of the industry. HAYW outperforms 66.67% of its industry peers.
In the last couple of years the Profit Margin of HAYW has grown nicely.
The Operating Margin of HAYW (20.93%) is better than 90.48% of its industry peers.
HAYW's Operating Margin has improved in the last couple of years.
HAYW has a Gross Margin of 51.31%. This is amongst the best in the industry. HAYW outperforms 100.00% of its industry peers.
In the last couple of years the Gross Margin of HAYW has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 20.93% | ||
| PM (TTM) | 12.54% | ||
| GM | 51.31% |
OM growth 3Y-4.84%
OM growth 5Y12.75%
PM growth 3Y10.23%
PM growth 5Y57.64%
GM growth 3Y2.56%
GM growth 5Y2.73%
2. Health
2.1 Basic Checks
HAYW has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
HAYW has more shares outstanding than it did 1 year ago.
Compared to 5 years ago, HAYW has less shares outstanding
The debt/assets ratio for HAYW has been reduced compared to a year ago.
2.2 Solvency
HAYW has an Altman-Z score of 2.54. This is not the best score and indicates that HAYW is in the grey zone with still only limited risk for bankruptcy at the moment.
The Altman-Z score of HAYW (2.54) is worse than 64.29% of its industry peers.
HAYW has a debt to FCF ratio of 5.03. This is a neutral value as HAYW would need 5.03 years to pay back of all of its debts.
HAYW has a Debt to FCF ratio (5.03) which is comparable to the rest of the industry.
A Debt/Equity ratio of 0.62 indicates that HAYW is somewhat dependend on debt financing.
Looking at the Debt to Equity ratio, with a value of 0.62, HAYW is in line with its industry, outperforming 47.62% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.62 | ||
| Debt/FCF | 5.03 | ||
| Altman-Z | 2.54 |
ROIC/WACC0.66
WACC10.13%
2.3 Liquidity
HAYW has a Current Ratio of 3.18. This indicates that HAYW is financially healthy and has no problem in meeting its short term obligations.
With a decent Current ratio value of 3.18, HAYW is doing good in the industry, outperforming 78.57% of the companies in the same industry.
HAYW has a Quick Ratio of 2.31. This indicates that HAYW is financially healthy and has no problem in meeting its short term obligations.
The Quick ratio of HAYW (2.31) is better than 83.33% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 3.18 | ||
| Quick Ratio | 2.31 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 25.00% over the past year.
Measured over the past years, HAYW shows a very strong growth in Earnings Per Share. The EPS has been growing by 68.04% on average per year.
HAYW shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 9.66%.
Measured over the past years, HAYW shows a small growth in Revenue. The Revenue has been growing by 7.47% on average per year.
EPS 1Y (TTM)25%
EPS 3Y-15.49%
EPS 5Y68.04%
EPS Q2Q%27.27%
Revenue 1Y (TTM)9.66%
Revenue growth 3Y-9.14%
Revenue growth 5Y7.47%
Sales Q2Q%7.37%
3.2 Future
Based on estimates for the next years, HAYW will show a quite strong growth in Earnings Per Share. The EPS will grow by 11.46% on average per year.
Based on estimates for the next years, HAYW will show a small growth in Revenue. The Revenue will grow by 6.97% on average per year.
EPS Next Y15.87%
EPS Next 2Y14.47%
EPS Next 3Y13.99%
EPS Next 5Y11.46%
Revenue Next Year7.35%
Revenue Next 2Y6.51%
Revenue Next 3Y6.5%
Revenue Next 5Y6.97%
3.3 Evolution
The estimated forward EPS growth is still strong, although it is decreasing when compared to the stronger growth in the past years.
The Revenue growth rate is stable: in the next years the growth will be about the same than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 20.77, which indicates a rather expensive current valuation of HAYW.
The rest of the industry has a similar Price/Earnings ratio as HAYW.
Compared to an average S&P500 Price/Earnings ratio of 26.92, HAYW is valued a bit cheaper.
HAYW is valuated rather expensively with a Price/Forward Earnings ratio of 17.75.
The rest of the industry has a similar Price/Forward Earnings ratio as HAYW.
HAYW's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 23.57.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 20.77 | ||
| Fwd PE | 17.75 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of HAYW is on the same level as its industry peers.
69.05% of the companies in the same industry are more expensive than HAYW, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 17.68 | ||
| EV/EBITDA | 13.41 |
4.3 Compensation for Growth
The PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
HAYW has a very decent profitability rating, which may justify a higher PE ratio.
HAYW's earnings are expected to grow with 13.99% in the coming years. This may justify a more expensive valuation.
PEG (NY)1.31
PEG (5Y)0.31
EPS Next 2Y14.47%
EPS Next 3Y13.99%
5. Dividend
5.1 Amount
HAYW does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
15.58
-0.39 (-2.44%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryBuilding Products
Earnings (Last)
Earnings (Next)
Inst Owners106.37%
Inst Owner Change0%
Ins Owners2.19%
Ins Owner Change0.08%
Market Cap3.38B
Revenue(TTM)1.10B
Net Income(TTM)137.89M
Analysts73.33
Price Target18.56 (19.13%)
Short Float %4.1%
Short Ratio4.86
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)10.09%
Min EPS beat(2)4.84%
Max EPS beat(2)15.34%
EPS beat(4)4
Avg EPS beat(4)11.83%
Min EPS beat(4)4.84%
Max EPS beat(4)15.34%
EPS beat(8)7
Avg EPS beat(8)8.68%
EPS beat(12)10
Avg EPS beat(12)9.05%
EPS beat(16)12
Avg EPS beat(16)5.94%
Revenue beat(2)2
Avg Revenue beat(2)2.03%
Min Revenue beat(2)0.9%
Max Revenue beat(2)3.17%
Revenue beat(4)4
Avg Revenue beat(4)3.67%
Min Revenue beat(4)0.9%
Max Revenue beat(4)5.91%
Revenue beat(8)6
Avg Revenue beat(8)1.69%
Revenue beat(12)9
Avg Revenue beat(12)1.41%
Revenue beat(16)11
Avg Revenue beat(16)0.94%
PT rev (1m)0%
PT rev (3m)8.33%
EPS NQ rev (1m)0%
EPS NQ rev (3m)1.04%
EPS NY rev (1m)0%
EPS NY rev (3m)4.21%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0.54%
Revenue NY rev (1m)0%
Revenue NY rev (3m)1.08%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 20.77 | ||
| Fwd PE | 17.75 | ||
| P/S | 3.07 | ||
| P/FCF | 17.68 | ||
| P/OCF | 15.41 | ||
| P/B | 2.22 | ||
| P/tB | N/A | ||
| EV/EBITDA | 13.41 |
EPS(TTM)0.75
EY4.81%
EPS(NY)0.88
Fwd EY5.64%
FCF(TTM)0.88
FCFY5.66%
OCF(TTM)1.01
OCFY6.49%
SpS5.07
BVpS7.02
TBVpS-2
PEG (NY)1.31
PEG (5Y)0.31
Graham Number10.89
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.54% | ||
| ROE | 9.06% | ||
| ROCE | 8.3% | ||
| ROIC | 6.73% | ||
| ROICexc | 8.03% | ||
| ROICexgc | 50.8% | ||
| OM | 20.93% | ||
| PM (TTM) | 12.54% | ||
| GM | 51.31% | ||
| FCFM | 17.38% |
ROA(3y)4.31%
ROA(5y)3.71%
ROE(3y)9.72%
ROE(5y)8.63%
ROIC(3y)7.09%
ROIC(5y)7.25%
ROICexc(3y)7.48%
ROICexc(5y)7.76%
ROICexgc(3y)34.83%
ROICexgc(5y)44.06%
ROCE(3y)8.75%
ROCE(5y)8.94%
ROICexgc growth 3Y-20.05%
ROICexgc growth 5Y12.21%
ROICexc growth 3Y-14.41%
ROICexc growth 5Y20.5%
OM growth 3Y-4.84%
OM growth 5Y12.75%
PM growth 3Y10.23%
PM growth 5Y57.64%
GM growth 3Y2.56%
GM growth 5Y2.73%
F-Score8
Asset Turnover0.36
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.62 | ||
| Debt/FCF | 5.03 | ||
| Debt/EBITDA | 3.28 | ||
| Cap/Depr | 48.13% | ||
| Cap/Sales | 2.56% | ||
| Interest Coverage | 3.81 | ||
| Cash Conversion | 75.97% | ||
| Profit Quality | 138.62% | ||
| Current Ratio | 3.18 | ||
| Quick Ratio | 2.31 | ||
| Altman-Z | 2.54 |
F-Score8
WACC10.13%
ROIC/WACC0.66
Cap/Depr(3y)51.09%
Cap/Depr(5y)45%
Cap/Sales(3y)2.56%
Cap/Sales(5y)2.28%
Profit Quality(3y)132.23%
Profit Quality(5y)198.37%
High Growth Momentum
Growth
EPS 1Y (TTM)25%
EPS 3Y-15.49%
EPS 5Y68.04%
EPS Q2Q%27.27%
EPS Next Y15.87%
EPS Next 2Y14.47%
EPS Next 3Y13.99%
EPS Next 5Y11.46%
Revenue 1Y (TTM)9.66%
Revenue growth 3Y-9.14%
Revenue growth 5Y7.47%
Sales Q2Q%7.37%
Revenue Next Year7.35%
Revenue Next 2Y6.51%
Revenue Next 3Y6.5%
Revenue Next 5Y6.97%
EBIT growth 1Y17.75%
EBIT growth 3Y-13.54%
EBIT growth 5Y21.17%
EBIT Next Year39.33%
EBIT Next 3Y18.18%
EBIT Next 5Y14.24%
FCF growth 1Y19.17%
FCF growth 3Y4.98%
FCF growth 5Y22.78%
OCF growth 1Y15.96%
OCF growth 3Y3.84%
OCF growth 5Y17.67%
HAYWARD HOLDINGS INC / HAYW FAQ
Can you provide the ChartMill fundamental rating for HAYWARD HOLDINGS INC?
ChartMill assigns a fundamental rating of 5 / 10 to HAYW.
Can you provide the valuation status for HAYWARD HOLDINGS INC?
ChartMill assigns a valuation rating of 4 / 10 to HAYWARD HOLDINGS INC (HAYW). This can be considered as Fairly Valued.
Can you provide the profitability details for HAYWARD HOLDINGS INC?
HAYWARD HOLDINGS INC (HAYW) has a profitability rating of 6 / 10.
What is the valuation of HAYWARD HOLDINGS INC based on its PE and PB ratios?
The Price/Earnings (PE) ratio for HAYWARD HOLDINGS INC (HAYW) is 20.77 and the Price/Book (PB) ratio is 2.22.