HAYWARD HOLDINGS INC (HAYW) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:HAYW - US4212981009 - Common Stock
15.99 USD
0 (0%)
15.99 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 is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year HAYW was profitable.
HAYW had a positive operating cash flow in the past year.
HAYW had positive earnings in each of the past 5 years.
In the past 5 years HAYW always reported a positive cash flow from operatings.
1.2 Ratios
With a Return On Assets value of 4.54%, HAYW perfoms like the industry average, outperforming 42.86% of the companies in the same industry.
The Return On Equity of HAYW (9.06%) is comparable to the rest of the industry.
With a Return On Invested Capital value of 6.73%, HAYW is not doing good in the industry: 64.29% of the companies in the same industry are doing better.
Measured over the past 3 years, the Average Return On Invested Capital for HAYW is significantly below the industry average of 12.60%.
| 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
Looking at the Profit Margin, with a value of 12.54%, HAYW is in the better half of the industry, outperforming 66.67% of the companies in the same industry.
HAYW's Profit Margin has improved in the last couple of years.
With an excellent Operating Margin value of 20.93%, HAYW belongs to the best of the industry, outperforming 90.48% of the companies in the same industry.
HAYW's Operating Margin has improved in the last couple of years.
HAYW has a better Gross Margin (51.31%) than 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
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), HAYW is destroying value.
The number of shares outstanding for HAYW has been increased compared to 1 year ago.
The number of shares outstanding for HAYW has been reduced compared to 5 years ago.
Compared to 1 year ago, HAYW has an improved debt to assets ratio.
2.2 Solvency
An Altman-Z score of 2.58 indicates that HAYW is not a great score, but indicates only limited risk for bankruptcy at the moment.
HAYW has a Altman-Z score of 2.58. This is in the lower half of the industry: HAYW underperforms 69.05% of its industry peers.
The Debt to FCF ratio of HAYW is 5.03, which is a neutral value as it means it would take HAYW, 5.03 years of fcf income to pay off all of its debts.
With a Debt to FCF ratio value of 5.03, HAYW perfoms like the industry average, outperforming 47.62% of the companies in the same industry.
A Debt/Equity ratio of 0.62 indicates that HAYW is somewhat dependend on debt financing.
HAYW has a Debt to Equity ratio (0.62) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.62 | ||
| Debt/FCF | 5.03 | ||
| Altman-Z | 2.58 |
ROIC/WACC0.7
WACC9.66%
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.
The Current ratio of HAYW (3.18) is better than 80.95% of its industry peers.
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.
HAYW has a Quick ratio of 2.31. This is amongst the best in the industry. HAYW outperforms 85.71% 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.
Looking at the last year, HAYW shows a quite strong growth in Revenue. The Revenue has grown by 9.66% in the last year.
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.
The Revenue is expected to grow by 6.97% on average over the next years.
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
Although the future EPS growth is still strong, it is not able to hold up the even more excellent growth rate of the past 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 stable.
4. Valuation
4.1 Price/Earnings Ratio
HAYW is valuated rather expensively with a Price/Earnings ratio of 21.32.
HAYW's Price/Earnings is on the same level as the industry average.
HAYW is valuated at similar levels of the S&P average when we compare the Price/Earnings ratio to 26.39, which is the current average of the S&P500 Index.
The Price/Forward Earnings ratio is 18.21, which indicates a rather expensive current valuation of HAYW.
Compared to the rest of the industry, the Price/Forward Earnings ratio of HAYW is on the same level as its industry peers.
When comparing the Price/Forward Earnings ratio of HAYW to the average of the S&P500 Index (23.84), we can say HAYW is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 21.32 | ||
| Fwd PE | 18.21 |
4.2 Price Multiples
HAYW's Enterprise Value to EBITDA is on the same level as the industry average.
Based on the Price/Free Cash Flow ratio, HAYW is valued a bit cheaper than 69.05% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 18.14 | ||
| EV/EBITDA | 13.72 |
4.3 Compensation for Growth
HAYW's 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)1.34
PEG (5Y)0.31
EPS Next 2Y14.47%
EPS Next 3Y13.99%
5. Dividend
5.1 Amount
No dividends for HAYW!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
15.99
0 (0%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryBuilding Products
Earnings (Last)
Earnings (Next)
Inst Owners106.38%
Inst Owner Change3.45%
Ins Owners2.19%
Ins Owner Change0.08%
Market Cap3.47B
Revenue(TTM)1.10B
Net Income(TTM)137.89M
Analysts73.33
Price Target18.56 (16.07%)
Short Float %4.46%
Short Ratio5.34
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)8.33%
PT rev (3m)8.33%
EPS NQ rev (1m)0%
EPS NQ rev (3m)1.04%
EPS NY rev (1m)0.5%
EPS NY rev (3m)4.21%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0.66%
Revenue NY rev (1m)0.27%
Revenue NY rev (3m)1.17%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 21.32 | ||
| Fwd PE | 18.21 | ||
| P/S | 3.15 | ||
| P/FCF | 18.14 | ||
| P/OCF | 15.81 | ||
| P/B | 2.28 | ||
| P/tB | N/A | ||
| EV/EBITDA | 13.72 |
EPS(TTM)0.75
EY4.69%
EPS(NY)0.88
Fwd EY5.49%
FCF(TTM)0.88
FCFY5.51%
OCF(TTM)1.01
OCFY6.32%
SpS5.07
BVpS7.02
TBVpS-2
PEG (NY)1.34
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 | 2.58 |
F-Score8
WACC9.66%
ROIC/WACC0.7
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.
What is the valuation status for HAYW stock?
ChartMill assigns a valuation rating of 4 / 10 to HAYWARD HOLDINGS INC (HAYW). This can be considered as Fairly Valued.
What is the profitability of HAYW stock?
HAYWARD HOLDINGS INC (HAYW) has a profitability rating of 6 / 10.
Can you provide the PE and PB ratios for HAYW stock?
The Price/Earnings (PE) ratio for HAYWARD HOLDINGS INC (HAYW) is 21.32 and the Price/Book (PB) ratio is 2.28.