303.1 USD
-4 (-1.3%)
303.1 USD
0 (0%)
Taking everything into account, WWD scores 6 out of 10 in our fundamental rating. WWD was compared to 71 industry peers in the Aerospace & Defense industry. WWD gets an excellent profitability rating and is at the same time showing great financial health properties. WWD is valied quite expensively at the moment, while it does show a decent growth rate. This makes WWD very considerable for quality investing!
1. Profitability
1.1 Basic Checks
In the past year WWD was profitable.
In the past year WWD had a positive cash flow from operations.
In the past 5 years WWD has always been profitable.
WWD had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
WWD has a better Return On Assets (9.55%) than 92.96% of its industry peers.
WWD has a better Return On Equity (17.23%) than 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.
Measured over the past 3 years, the Average Return On Invested Capital for WWD is in line with the industry average of 8.60%.
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 better Profit Margin (12.39%) than 84.51% of its industry peers.
In the last couple of years the Profit Margin of WWD has grown nicely.
Looking at the Operating Margin, with a value of 13.48%, WWD is in the better half of the industry, outperforming 78.87% of the companies in the same industry.
WWD's Operating Margin has improved in the last couple of years.
WWD has a Gross Margin of 26.81%. This is comparable to the rest of the industry: WWD outperforms 54.93% 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
WWD has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
WWD has more shares outstanding than it did 1 year ago.
Compared to 5 years ago, WWD has less shares outstanding
The debt/assets ratio for WWD has been reduced compared to a year ago.
2.2 Solvency
An Altman-Z score of 7.73 indicates that WWD is not in any danger for bankruptcy at the moment.
WWD has a Altman-Z score of 7.73. This is in the better half of the industry: WWD outperforms 74.65% 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 69.01% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.23 | ||
| Debt/FCF | 2.06 | ||
| Altman-Z | 7.73 |
ROIC/WACC1.05
WACC9.93%
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 worse Current ratio (2.08) than 60.56% of its industry peers.
WWD has a Quick Ratio of 1.36. This is a normal value and indicates that WWD is financially healthy and should not expect problems in meeting its short term obligations.
With a Quick ratio value of 1.36, WWD perfoms like the industry average, outperforming 42.25% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.08 | ||
| Quick Ratio | 1.36 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an nice 12.77% over the past year.
WWD shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 11.83% yearly.
The Revenue has been growing slightly by 7.30% in the past year.
The Revenue has been growing slightly by 7.40% on average over the past years.
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
WWD is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 17.21% yearly.
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.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 43.99, which means the current valuation is very expensive for WWD.
Compared to the rest of the industry, the Price/Earnings ratio of WWD is on the same level as its industry peers.
Compared to an average S&P500 Price/Earnings ratio of 26.77, WWD is valued quite expensively.
The Price/Forward Earnings ratio is 37.47, which means the current valuation is very expensive for WWD.
WWD's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. WWD is cheaper than 60.56% of the companies in the same industry.
When comparing the Price/Forward Earnings ratio of WWD to the average of the S&P500 Index (23.35), we can say WWD is valued expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 43.99 | ||
| Fwd PE | 37.47 |
4.2 Price Multiples
WWD's Enterprise Value to EBITDA is on the same level as the industry average.
61.97% of the companies in the same industry are more expensive than WWD, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 53.31 | ||
| EV/EBITDA | 30.96 |
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)2.53
PEG (5Y)3.72
EPS Next 2Y17.33%
EPS Next 3Y17.21%
5. Dividend
5.1 Amount
WWD has a yearly dividend return of 0.43%, which is pretty low.
Compared to an average industry Dividend Yield of 0.39, WWD pays a bit more dividend than its industry peers.
Compared to an average S&P500 Dividend Yield of 2.00, WWD's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.43% |
5.2 History
The dividend of WWD is nicely growing with an annual growth rate of 12.52%!
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.
The dividend of WWD is growing, but earnings are growing more, so the dividend growth is sustainable.
DP14.7%
EPS Next 2Y17.33%
EPS Next 3Y17.21%
303.1
-4 (-1.3%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryAerospace & Defense
Earnings (Last)
Earnings (Next)
Inst Owners92.11%
Inst Owner Change1.42%
Ins Owners0.17%
Ins Owner Change-1.07%
Market Cap18.15B
Revenue(TTM)3.57B
Net Income(TTM)442.11M
Analysts77.33
Price Target327.05 (7.9%)
Short Float %1.47%
Short Ratio1.56
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.43% |
Yearly Dividend1.09
Dividend Growth(5Y)12.52%
DP14.7%
Div Incr Years4
Div Non Decr Years4
Ex-Date
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)12.66%
EPS NQ rev (1m)0.14%
EPS NQ rev (3m)1.06%
EPS NY rev (1m)1.98%
EPS NY rev (3m)2.53%
Revenue NQ rev (1m)1.97%
Revenue NQ rev (3m)2.21%
Revenue NY rev (1m)2.88%
Revenue NY rev (3m)3.6%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 43.99 | ||
| Fwd PE | 37.47 | ||
| P/S | 5.09 | ||
| P/FCF | 53.31 | ||
| P/OCF | 38.5 | ||
| P/B | 7.07 | ||
| P/tB | 13.89 | ||
| EV/EBITDA | 30.96 |
EPS(TTM)6.89
EY2.27%
EPS(NY)8.09
Fwd EY2.67%
FCF(TTM)5.69
FCFY1.88%
OCF(TTM)7.87
OCFY2.6%
SpS59.58
BVpS42.87
TBVpS21.81
PEG (NY)2.53
PEG (5Y)3.72
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 | 7.73 |
F-Score9
WACC9.93%
ROIC/WACC1.05
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.
Can you provide the valuation status for WOODWARD INC?
ChartMill assigns a valuation rating of 3 / 10 to WOODWARD INC (WWD). This can be considered as Overvalued.
What is the profitability of WWD stock?
WOODWARD INC (WWD) has a profitability rating of 8 / 10.
What is the expected EPS growth for WOODWARD INC (WWD) stock?
The Earnings per Share (EPS) of WOODWARD INC (WWD) is expected to grow by 17.4% in the next year.
How sustainable is the dividend of WOODWARD INC (WWD) stock?
The dividend rating of WOODWARD INC (WWD) is 5 / 10 and the dividend payout ratio is 14.7%.