327.02 USD
-5.98 (-1.8%)
327.02 USD
0 (0%)
Overall WWD gets a fundamental rating of 6 out of 10. We evaluated WWD against 73 industry peers in the Aerospace & Defense industry. WWD scores excellent points on both the profitability and health parts. This is a solid base for a good stock. WWD is not valued too expensively and it also shows a decent growth rate. These ratings would make WWD suitable 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.
- WWD had positive earnings in each of the past 5 years.
- In the past 5 years WWD always reported a positive cash flow from operatings.
1.2 Ratios
- The Return On Assets of WWD (9.55%) is better than 93.15% of its industry peers.
- With an excellent Return On Equity value of 17.23%, WWD belongs to the best of the industry, outperforming 83.56% of the companies in the same industry.
- WWD's Return On Invested Capital of 10.44% is amongst the best of the industry. WWD outperforms 83.56% 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 8.56%.
- The last Return On Invested Capital (10.44%) for WWD is above the 3 year average (9.58%), which is a sign of increasing profitability.
| 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
- Looking at the Profit Margin, with a value of 12.39%, WWD belongs to the top of the industry, outperforming 83.56% of the companies in the same industry.
- WWD's Profit Margin has improved in the last couple of years.
- Looking at the Operating Margin, with a value of 13.48%, WWD is in the better half of the industry, outperforming 79.45% 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 57.53% of its industry peers.
- In the last couple of years the Gross Margin of WWD has remained more or less at the same level.
| 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
- With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), WWD is creating some value.
- Compared to 1 year ago, WWD has more shares outstanding
- WWD has less shares outstanding than it did 5 years ago.
- Compared to 1 year ago, WWD has an improved debt to assets ratio.
2.2 Solvency
- WWD has an Altman-Z score of 8.15. This indicates that WWD is financially healthy and has little risk of bankruptcy at the moment.
- WWD's Altman-Z score of 8.15 is fine compared to the rest of the industry. WWD outperforms 73.97% of its industry peers.
- WWD has a debt to FCF ratio of 2.06. This is a good value and a sign of high solvency as WWD would need 2.06 years to pay back of all of its debts.
- WWD has a better Debt to FCF ratio (2.06) than 91.78% 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.
- With a decent Debt to Equity ratio value of 0.23, WWD is doing good in the industry, outperforming 71.23% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.23 | ||
| Debt/FCF | 2.06 | ||
| Altman-Z | 8.15 |
ROIC/WACC1.07
WACC9.78%
2.3 Liquidity
- A Current Ratio of 2.08 indicates that WWD has no problem at all paying its short term obligations.
- WWD has a Current ratio of 2.08. This is comparable to the rest of the industry: WWD outperforms 41.10% of its industry peers.
- A Quick Ratio of 1.36 indicates that WWD should not have too much problems paying its short term obligations.
- WWD has a Quick ratio (1.36) which is comparable to the rest of the 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.
- 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 17.52% on average per year.
- WWD is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 1.85% yearly.
EPS Next Y17.79%
EPS Next 2Y17.85%
EPS Next 3Y17.52%
EPS Next 5YN/A
Revenue Next Year13%
Revenue Next 2Y10.77%
Revenue Next 3Y10.2%
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
- Based on the Price/Earnings ratio of 47.46, the valuation of WWD can be described as expensive.
- WWD's Price/Earnings ratio is a bit cheaper when compared to the industry. WWD is cheaper than 63.01% of the companies in the same industry.
- The average S&P500 Price/Earnings ratio is at 27.21. WWD is valued rather expensively when compared to this.
- WWD is valuated quite expensively with a Price/Forward Earnings ratio of 40.29.
- Compared to the rest of the industry, the Price/Forward Earnings ratio of WWD indicates a somewhat cheap valuation: WWD is cheaper than 63.01% of the companies listed in the same industry.
- The average S&P500 Price/Forward Earnings ratio is at 24.26. WWD is valued rather expensively when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 47.46 | ||
| Fwd PE | 40.29 |
4.2 Price Multiples
- Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of WWD is on the same level as its industry peers.
- 61.64% 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 | 57.52 | ||
| EV/EBITDA | 33.37 |
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.
- WWD's earnings are expected to grow with 17.52% in the coming years. This may justify a more expensive valuation.
PEG (NY)2.67
PEG (5Y)4.01
EPS Next 2Y17.85%
EPS Next 3Y17.52%
5. Dividend
5.1 Amount
- With a yearly dividend of 0.35%, WWD is not a good candidate for dividend investing.
- WWD's Dividend Yield is a higher than the industry average which is at 0.34.
- Compared to an average S&P500 Dividend Yield of 1.81, WWD's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.35% |
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.
- WWD's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP14.7%
EPS Next 2Y17.85%
EPS Next 3Y17.52%
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 47.46 and the Price/Book (PB) ratio is 7.63.
What is the earnings growth outlook for WOODWARD INC?
The Earnings per Share (EPS) of WOODWARD INC (WWD) is expected to grow by 17.79% in the next year.