310.86 USD
+8.54 (+2.82%)
310.86 USD
0 (0%)
We assign a fundamental rating of 6 out of 10 to WWD. WWD was compared to 71 industry peers in the Aerospace & Defense industry. Both the health and profitability get an excellent rating, making WWD a very profitable company, without any liquidiy or solvency issues. WWD has a correct valuation and a medium growth rate. This makes WWD very considerable for quality investing!
1. Profitability
1.1 Basic Checks
WWD had positive earnings in the past year.
WWD had a positive operating cash flow in the past year.
In the past 5 years WWD has always been profitable.
Each year in the past 5 years WWD had a positive operating cash flow.
1.2 Ratios
Looking at the Return On Assets, with a value of 9.55%, WWD belongs to the top of the industry, outperforming 92.96% of the companies in the same industry.
WWD's Return On Equity of 17.23% is amongst the best of the industry. WWD outperforms 83.10% of its industry peers.
WWD has a Return On Invested Capital of 10.44%. This is amongst the best in the industry. WWD outperforms 85.92% of its industry peers.
WWD had an Average Return On Invested Capital over the past 3 years of 9.58%. This is in line with the industry average of 8.63%.
The 3 year average ROIC (9.58%) for WWD is below the current ROIC(10.44%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 9.55% | ||
| ROE | 17.23% | ||
| ROIC | 10.44% |
ROA(3y)7.96%
ROA(5y)6.7%
ROE(3y)15.2%
ROE(5y)12.81%
ROIC(3y)9.58%
ROIC(5y)8.01%
1.3 Margins
WWD has a Profit Margin of 12.39%. This is amongst the best in the industry. WWD outperforms 84.51% of its industry peers.
WWD's Profit Margin has improved in the last couple of years.
WWD has a better Operating Margin (13.48%) than 78.87% of its industry peers.
In the last couple of years the Operating Margin of WWD has grown nicely.
WWD's Gross Margin of 26.81% is in line compared to the rest of the industry. WWD outperforms 56.34% of its industry peers.
WWD's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 13.48% | ||
| PM (TTM) | 12.39% | ||
| GM | 26.81% |
OM growth 3Y14.26%
OM growth 5Y2.14%
PM growth 3Y19.82%
PM growth 5Y5.17%
GM growth 3Y6.74%
GM growth 5Y0.89%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so WWD is still creating some value.
Compared to 1 year ago, WWD has more shares outstanding
WWD has less shares outstanding than it did 5 years ago.
The debt/assets ratio for WWD has been reduced compared to a year ago.
2.2 Solvency
WWD has an Altman-Z score of 7.87. This indicates that WWD is financially healthy and has little risk of bankruptcy at the moment.
WWD's Altman-Z score of 7.87 is fine compared to the rest of the industry. WWD outperforms 76.06% of its industry peers.
The Debt to FCF ratio of WWD is 2.06, which is a good value as it means it would take WWD, 2.06 years of fcf income to pay off all of its debts.
The Debt to FCF ratio of WWD (2.06) is better than 91.55% of its industry peers.
WWD has a Debt/Equity ratio of 0.23. This is a healthy value indicating a solid balance between debt and equity.
Looking at the Debt to Equity ratio, with a value of 0.23, WWD is in the better half of the industry, outperforming 71.83% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.23 | ||
| Debt/FCF | 2.06 | ||
| Altman-Z | 7.87 |
ROIC/WACC1.07
WACC9.73%
2.3 Liquidity
WWD has a Current Ratio of 2.08. This indicates that WWD is financially healthy and has no problem in meeting its short term obligations.
WWD has a Current ratio (2.08) which is in line with its industry peers.
A Quick Ratio of 1.36 indicates that WWD should not have too much problems paying its short term obligations.
With a Quick ratio value of 1.36, WWD perfoms like the industry average, outperforming 43.66% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.08 | ||
| Quick Ratio | 1.36 |
3. Growth
3.1 Past
WWD shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 12.77%, which is quite good.
The Earnings Per Share has been growing by 11.83% on average over the past years. This is quite good.
The Revenue has been growing slightly by 7.30% in the past year.
WWD shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 7.40% yearly.
EPS 1Y (TTM)12.77%
EPS 3Y35.66%
EPS 5Y11.83%
EPS Q2Q%48.23%
Revenue 1Y (TTM)7.3%
Revenue growth 3Y14.4%
Revenue growth 5Y7.4%
Sales Q2Q%16.47%
3.2 Future
Based on estimates for the next years, WWD will show a quite strong growth in Earnings Per Share. The EPS will grow by 17.21% on average per year.
The Revenue is expected to grow by 1.85% on average over the next years.
EPS Next Y17.4%
EPS Next 2Y17.33%
EPS Next 3Y17.21%
EPS Next 5YN/A
Revenue Next Year12.97%
Revenue Next 2Y10.68%
Revenue Next 3Y10.22%
Revenue Next 5Y1.85%
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last 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 decreasing.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 45.12, which means the current valuation is very expensive for WWD.
WWD's Price/Earnings ratio is a bit cheaper when compared to the industry. WWD is cheaper than 60.56% of the companies in the same industry.
WWD is valuated expensively when we compare the Price/Earnings ratio to 26.60, which is the current average of the S&P500 Index.
With a Price/Forward Earnings ratio of 38.43, WWD can be considered very expensive at the moment.
Based on the Price/Forward Earnings ratio, WWD is valued a bit cheaper than 61.97% of the companies in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 23.23. WWD is valued rather expensively when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 45.12 | ||
| Fwd PE | 38.43 |
4.2 Price Multiples
WWD's Enterprise Value to EBITDA is on the same level as the industry average.
WWD's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. WWD is cheaper than 61.97% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 54.68 | ||
| EV/EBITDA | 31.74 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
The excellent profitability rating of WWD may justify a higher PE ratio.
A more expensive valuation may be justified as WWD's earnings are expected to grow with 17.21% in the coming years.
PEG (NY)2.59
PEG (5Y)3.81
EPS Next 2Y17.33%
EPS Next 3Y17.21%
5. Dividend
5.1 Amount
WWD has a yearly dividend return of 0.37%, which is pretty low.
WWD's Dividend Yield is a higher than the industry average which is at 0.39.
With a Dividend Yield of 0.37, WWD pays less dividend than the S&P500 average, which is at 1.94.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.37% |
5.2 History
On average, the dividend of WWD grows each year by 12.52%, which is quite nice.
WWD has paid a dividend for at least 10 years, which is a reliable track record.
WWD has not decreased its dividend in the last 3 years.
Dividend Growth(5Y)12.52%
Div Incr Years4
Div Non Decr Years4
5.3 Sustainability
WWD pays out 14.70% of its income as dividend. This is a sustainable payout ratio.
WWD's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP14.7%
EPS Next 2Y17.33%
EPS Next 3Y17.21%
310.86
+8.54 (+2.82%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryAerospace & Defense
Earnings (Last)
Earnings (Next)
Inst Owners92.1%
Inst Owner Change0%
Ins Owners0.24%
Ins Owner Change-0.96%
Market Cap18.61B
Revenue(TTM)3.57B
Net Income(TTM)442.11M
Analysts77.33
Price Target327.05 (5.21%)
Short Float %1.47%
Short Ratio1.56
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.37% |
Yearly Dividend1.09
Dividend Growth(5Y)12.52%
DP14.7%
Div Incr Years4
Div Non Decr Years4
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)8.66%
Min EPS beat(2)6.42%
Max EPS beat(2)10.9%
EPS beat(4)4
Avg EPS beat(4)11.26%
Min EPS beat(4)6.42%
Max EPS beat(4)14.65%
EPS beat(8)8
Avg EPS beat(8)14.19%
EPS beat(12)11
Avg EPS beat(12)13.81%
EPS beat(16)12
Avg EPS beat(16)5.93%
Revenue beat(2)2
Avg Revenue beat(2)3.64%
Min Revenue beat(2)1.82%
Max Revenue beat(2)5.45%
Revenue beat(4)3
Avg Revenue beat(4)2.69%
Min Revenue beat(4)-1.28%
Max Revenue beat(4)5.45%
Revenue beat(8)6
Avg Revenue beat(8)2.5%
Revenue beat(12)10
Avg Revenue beat(12)3.76%
Revenue beat(16)11
Avg Revenue beat(16)1.96%
PT rev (1m)8.14%
PT rev (3m)9.39%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-0.16%
EPS NY rev (1m)0.55%
EPS NY rev (3m)2.53%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)1.83%
Revenue NY rev (1m)1.29%
Revenue NY rev (3m)2.96%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 45.12 | ||
| Fwd PE | 38.43 | ||
| P/S | 5.22 | ||
| P/FCF | 54.68 | ||
| P/OCF | 39.49 | ||
| P/B | 7.25 | ||
| P/tB | 14.25 | ||
| EV/EBITDA | 31.74 |
EPS(TTM)6.89
EY2.22%
EPS(NY)8.09
Fwd EY2.6%
FCF(TTM)5.69
FCFY1.83%
OCF(TTM)7.87
OCFY2.53%
SpS59.58
BVpS42.87
TBVpS21.81
PEG (NY)2.59
PEG (5Y)3.81
Graham Number81.52
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 9.55% | ||
| ROE | 17.23% | ||
| ROCE | 12.92% | ||
| ROIC | 10.44% | ||
| ROICexc | 11.41% | ||
| ROICexgc | 17.79% | ||
| OM | 13.48% | ||
| PM (TTM) | 12.39% | ||
| GM | 26.81% | ||
| FCFM | 9.54% |
ROA(3y)7.96%
ROA(5y)6.7%
ROE(3y)15.2%
ROE(5y)12.81%
ROIC(3y)9.58%
ROIC(5y)8.01%
ROICexc(3y)10.31%
ROICexc(5y)8.64%
ROICexgc(3y)16.33%
ROICexgc(5y)13.9%
ROCE(3y)11.88%
ROCE(5y)9.86%
ROICexgc growth 3Y25.4%
ROICexgc growth 5Y6.5%
ROICexc growth 3Y27%
ROICexc growth 5Y8.71%
OM growth 3Y14.26%
OM growth 5Y2.14%
PM growth 3Y19.82%
PM growth 5Y5.17%
GM growth 3Y6.74%
GM growth 5Y0.89%
F-Score9
Asset Turnover0.77
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.23 | ||
| Debt/FCF | 2.06 | ||
| Debt/EBITDA | 0.97 | ||
| Cap/Depr | 115.58% | ||
| Cap/Sales | 3.67% | ||
| Interest Coverage | 13.85 | ||
| Cash Conversion | 79.31% | ||
| Profit Quality | 76.99% | ||
| Current Ratio | 2.08 | ||
| Quick Ratio | 1.36 | ||
| Altman-Z | 7.87 |
F-Score9
WACC9.73%
ROIC/WACC1.07
Cap/Depr(3y)87.46%
Cap/Depr(5y)67.07%
Cap/Sales(3y)3.06%
Cap/Sales(5y)2.62%
Profit Quality(3y)89.58%
Profit Quality(5y)111.07%
High Growth Momentum
Growth
EPS 1Y (TTM)12.77%
EPS 3Y35.66%
EPS 5Y11.83%
EPS Q2Q%48.23%
EPS Next Y17.4%
EPS Next 2Y17.33%
EPS Next 3Y17.21%
EPS Next 5YN/A
Revenue 1Y (TTM)7.3%
Revenue growth 3Y14.4%
Revenue growth 5Y7.4%
Sales Q2Q%16.47%
Revenue Next Year12.97%
Revenue Next 2Y10.68%
Revenue Next 3Y10.22%
Revenue Next 5Y1.85%
EBIT growth 1Y6.64%
EBIT growth 3Y30.71%
EBIT growth 5Y9.71%
EBIT Next Year47.6%
EBIT Next 3Y24.6%
EBIT Next 5YN/A
FCF growth 1Y-0.71%
FCF growth 3Y34.24%
FCF growth 5Y2.39%
OCF growth 1Y7.33%
OCF growth 3Y34.52%
OCF growth 5Y6.16%
WOODWARD INC / WWD FAQ
What is the fundamental rating for WWD stock?
ChartMill assigns a fundamental rating of 6 / 10 to WWD.
What is the valuation status for WWD stock?
ChartMill assigns a valuation rating of 4 / 10 to WOODWARD INC (WWD). This can be considered as Fairly Valued.
What is the profitability of WWD stock?
WOODWARD INC (WWD) has a profitability rating of 8 / 10.
Can you provide the PE and PB ratios for WWD stock?
The Price/Earnings (PE) ratio for WOODWARD INC (WWD) is 45.12 and the Price/Book (PB) ratio is 7.25.
What is the earnings growth outlook for WOODWARD INC?
The Earnings per Share (EPS) of WOODWARD INC (WWD) is expected to grow by 17.4% in the next year.