HAYWARD HOLDINGS INC (HAYW) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:HAYW - US4212981009 - Common Stock
15.97 USD
-0.04 (-0.25%)
15.97 USD
0 (0%)
We assign a fundamental rating of 5 out of 10 to HAYW. HAYW was compared to 41 industry peers in the Building Products industry. HAYW has an average financial health and profitability rating. HAYW has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
HAYW had positive earnings in the past year.
HAYW had a positive operating cash flow in the past year.
HAYW had positive earnings in each of the past 5 years.
HAYW had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
HAYW has a Return On Assets (4.54%) which is comparable to the rest of the industry.
HAYW has a Return On Equity (9.06%) which is comparable to the rest of the industry.
HAYW has a worse Return On Invested Capital (6.73%) than 63.41% 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 12.52%.
| 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
The Profit Margin of HAYW (12.54%) is better than 65.85% of its industry peers.
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 90.24% of the companies in the same industry.
HAYW's Operating Margin has improved in the last couple of years.
Looking at the Gross Margin, with a value of 51.31%, HAYW belongs to the top of the industry, outperforming 100.00% of the companies in the same industry.
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.
Compared to 1 year ago, HAYW has more shares outstanding
HAYW has less shares outstanding than it did 5 years ago.
HAYW has a better debt/assets ratio than last year.
2.2 Solvency
HAYW has an Altman-Z score of 2.58. 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.
HAYW has a worse Altman-Z score (2.58) than 68.29% 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.
Looking at the Debt to FCF ratio, with a value of 5.03, HAYW is in line with its industry, outperforming 46.34% of the companies in the same industry.
HAYW has a Debt/Equity ratio of 0.62. This is a neutral value indicating HAYW is somewhat dependend on debt financing.
HAYW's Debt to Equity ratio of 0.62 is in line compared to the rest of the industry. HAYW outperforms 51.22% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.62 | ||
| Debt/FCF | 5.03 | ||
| Altman-Z | 2.58 |
ROIC/WACC0.69
WACC9.71%
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.
HAYW has a Current ratio of 3.18. This is amongst the best in the industry. HAYW outperforms 80.49% 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.
The Quick ratio of HAYW (2.31) is better than 85.37% 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.
HAYW is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 6.97% yearly.
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.
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
HAYW is valuated rather expensively with a Price/Earnings ratio of 21.29.
Based on the Price/Earnings ratio, HAYW is valued a bit more expensive than the industry average as 60.98% of the companies are valued more cheaply.
HAYW is valuated at similar levels of the S&P average when we compare the Price/Earnings ratio to 26.55, which is the current average of the S&P500 Index.
With a Price/Forward Earnings ratio of 18.19, HAYW is valued on the expensive side.
HAYW's Price/Forward Earnings is on the same level as the industry average.
HAYW's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 23.78.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 21.29 | ||
| Fwd PE | 18.19 |
4.2 Price Multiples
HAYW's Enterprise Value to EBITDA ratio is in line with the industry average.
Based on the Price/Free Cash Flow ratio, HAYW is valued a bit cheaper than the industry average as 70.73% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 18.12 | ||
| EV/EBITDA | 13.74 |
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.
A more expensive valuation may be justified as HAYW's earnings are expected to grow with 13.99% in the coming years.
PEG (NY)1.34
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% |
15.97
-0.04 (-0.25%)
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 Cap3.46B
Revenue(TTM)1.10B
Net Income(TTM)137.89M
Analysts73.33
Price Target18.56 (16.22%)
Short Float %4.42%
Short Ratio4.99
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 | 21.29 | ||
| Fwd PE | 18.19 | ||
| P/S | 3.15 | ||
| P/FCF | 18.12 | ||
| P/OCF | 15.79 | ||
| P/B | 2.27 | ||
| P/tB | N/A | ||
| EV/EBITDA | 13.74 |
EPS(TTM)0.75
EY4.7%
EPS(NY)0.88
Fwd EY5.5%
FCF(TTM)0.88
FCFY5.52%
OCF(TTM)1.01
OCFY6.33%
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
WACC9.71%
ROIC/WACC0.69
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 21.29 and the Price/Book (PB) ratio is 2.27.