262.7 USD
+4.12 (+1.59%)
262.7 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. Both the health and profitability get an excellent rating, making WWD a very profitable company, without any liquidiy or solvency issues. While showing a medium growth rate, WWD is valued expensive at the moment.
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.
WWD had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
With an excellent Return On Assets value of 8.23%, WWD belongs to the best of the industry, outperforming 90.14% of the companies in the same industry.
WWD has a better Return On Equity (15.71%) than 83.10% of its industry peers.
Looking at the Return On Invested Capital, with a value of 8.75%, WWD is in the better half of the industry, outperforming 77.46% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for WWD is in line with the industry average of 8.47%.
The last Return On Invested Capital (8.75%) for WWD is above the 3 year average (7.87%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 8.23% | ||
| ROE | 15.71% | ||
| ROIC | 8.75% |
ROA(3y)6.28%
ROA(5y)6.02%
ROE(3y)12.46%
ROE(5y)11.77%
ROIC(3y)7.87%
ROIC(5y)7.33%
1.3 Margins
With an excellent Profit Margin value of 11.32%, WWD belongs to the best of the industry, outperforming 83.10% of the companies in the same industry.
In the last couple of years the Profit Margin of WWD has grown nicely.
The Operating Margin of WWD (12.44%) is better than 77.46% of its industry peers.
In the last couple of years the Operating Margin of WWD has grown nicely.
WWD's Gross Margin of 25.88% is in line compared to the rest of the industry. WWD outperforms 54.93% of its industry peers.
In the last couple of years the Gross Margin of WWD has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 12.44% | ||
| PM (TTM) | 11.32% | ||
| GM | 25.88% |
OM growth 3Y5.7%
OM growth 5Y4.68%
PM growth 3Y6.5%
PM growth 5Y4.62%
GM growth 3Y2.42%
GM growth 5Y1.57%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so WWD is destroying value.
Compared to 1 year ago, WWD has less shares outstanding
Compared to 5 years ago, WWD has less shares outstanding
WWD has a worse debt/assets ratio than last year.
2.2 Solvency
WWD has an Altman-Z score of 6.54. This indicates that WWD is financially healthy and has little risk of bankruptcy at the moment.
The Altman-Z score of WWD (6.54) is better than 77.46% of its industry peers.
WWD has a debt to FCF ratio of 3.37. This is a good value and a sign of high solvency as WWD would need 3.37 years to pay back of all of its debts.
WWD has a Debt to FCF ratio of 3.37. This is amongst the best in the industry. WWD outperforms 81.69% of its industry peers.
A Debt/Equity ratio of 0.35 indicates that WWD is not too dependend on debt financing.
WWD's Debt to Equity ratio of 0.35 is fine compared to the rest of the industry. WWD outperforms 61.97% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.35 | ||
| Debt/FCF | 3.37 | ||
| Altman-Z | 6.54 |
ROIC/WACC0.92
WACC9.56%
2.3 Liquidity
A Current Ratio of 2.04 indicates that WWD has no problem at all paying its short term obligations.
WWD has a Current ratio (2.04) which is in line with its industry peers.
WWD has a Quick Ratio of 1.39. This is a normal value and indicates that WWD is financially healthy and should not expect problems in meeting its short term obligations.
Looking at the Quick ratio, with a value of 1.39, WWD is in line with its industry, outperforming 46.48% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.04 | ||
| Quick Ratio | 1.39 |
3. Growth
3.1 Past
WWD shows a small growth in Earnings Per Share. In the last year, the EPS has grown by 2.99%.
Measured over the past 5 years, WWD shows a small growth in Earnings Per Share. The EPS has been growing by 4.60% on average per year.
The Revenue has been growing slightly by 5.53% in the past year.
Measured over the past years, WWD shows a small growth in Revenue. The Revenue has been growing by 2.77% on average per year.
EPS 1Y (TTM)2.99%
EPS 3Y23.55%
EPS 5Y4.6%
EPS Q2Q%7.98%
Revenue 1Y (TTM)5.53%
Revenue growth 3Y13.97%
Revenue growth 5Y2.77%
Sales Q2Q%7.99%
3.2 Future
The Earnings Per Share is expected to grow by 12.28% on average over the next years. This is quite good.
The Revenue is expected to grow by 2.18% on average over the next years.
EPS Next Y9.99%
EPS Next 2Y13.94%
EPS Next 3Y14.42%
EPS Next 5Y12.28%
Revenue Next Year6.73%
Revenue Next 2Y8.26%
Revenue Next 3Y8.06%
Revenue Next 5Y2.18%
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
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
WWD is valuated quite expensively with a Price/Earnings ratio of 42.30.
Compared to the rest of the industry, the Price/Earnings ratio of WWD indicates a somewhat cheap valuation: WWD is cheaper than 60.56% of the companies listed in the same industry.
The average S&P500 Price/Earnings ratio is at 25.45. WWD is valued rather expensively when compared to this.
WWD is valuated quite expensively with a Price/Forward Earnings ratio of 33.12.
63.38% of the companies in the same industry are more expensive than WWD, based on the Price/Forward Earnings ratio.
WWD's Price/Forward Earnings ratio indicates a similar valuation than the S&P500 average which is at 34.46.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 42.3 | ||
| Fwd PE | 33.12 |
4.2 Price Multiples
WWD's Enterprise Value to EBITDA ratio is in line with the industry average.
WWD's Price/Free Cash Flow is on the same level as the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 56.85 | ||
| EV/EBITDA | 29.39 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
WWD has an outstanding profitability rating, which may justify a higher PE ratio.
WWD's earnings are expected to grow with 14.42% in the coming years. This may justify a more expensive valuation.
PEG (NY)4.23
PEG (5Y)9.2
EPS Next 2Y13.94%
EPS Next 3Y14.42%
5. Dividend
5.1 Amount
WWD has a yearly dividend return of 0.43%, which is pretty low.
WWD's Dividend Yield is a higher than the industry average which is at 1.15.
Compared to an average S&P500 Dividend Yield of 2.42, WWD's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.43% |
5.2 History
On average, the dividend of WWD grows each year by 9.14%, 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)9.14%
Div Incr Years4
Div Non Decr Years4
5.3 Sustainability
16.25% of the earnings are spent on dividend by WWD. This is a low number and sustainable payout ratio.
WWD's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP16.25%
EPS Next 2Y13.94%
EPS Next 3Y14.42%
262.7
+4.12 (+1.59%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryAerospace & Defense
Earnings (Last)
Earnings (Next)
Inst Owners89.57%
Inst Owner Change1.59%
Ins Owners0.16%
Ins Owner Change-2.18%
Market Cap15.75B
Revenue(TTM)3.43B
Net Income(TTM)387.78M
Analysts77.33
Price Target302.44 (15.13%)
Short Float %1.85%
Short Ratio2.15
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.43% |
Yearly Dividend0.98
Dividend Growth(5Y)9.14%
DP16.25%
Div Incr Years4
Div Non Decr Years4
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)10.53%
Min EPS beat(2)6.42%
Max EPS beat(2)14.65%
EPS beat(4)4
Avg EPS beat(4)11.21%
Min EPS beat(4)6.42%
Max EPS beat(4)14.65%
EPS beat(8)8
Avg EPS beat(8)12.9%
EPS beat(12)11
Avg EPS beat(12)13.72%
EPS beat(16)11
Avg EPS beat(16)4.92%
Revenue beat(2)2
Avg Revenue beat(2)3.3%
Min Revenue beat(2)1.82%
Max Revenue beat(2)4.78%
Revenue beat(4)3
Avg Revenue beat(4)2.41%
Min Revenue beat(4)-1.28%
Max Revenue beat(4)4.78%
Revenue beat(8)6
Avg Revenue beat(8)1.89%
Revenue beat(12)10
Avg Revenue beat(12)3.38%
Revenue beat(16)10
Avg Revenue beat(16)1.2%
PT rev (1m)1.16%
PT rev (3m)4.18%
EPS NQ rev (1m)0.11%
EPS NQ rev (3m)0.85%
EPS NY rev (1m)0%
EPS NY rev (3m)-0.09%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0.77%
Revenue NY rev (1m)0.03%
Revenue NY rev (3m)0.23%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 42.3 | ||
| Fwd PE | 33.12 | ||
| P/S | 4.6 | ||
| P/FCF | 56.85 | ||
| P/OCF | 41.49 | ||
| P/B | 6.38 | ||
| P/tB | 12.92 | ||
| EV/EBITDA | 29.39 |
EPS(TTM)6.21
EY2.36%
EPS(NY)7.93
Fwd EY3.02%
FCF(TTM)4.62
FCFY1.76%
OCF(TTM)6.33
OCFY2.41%
SpS57.13
BVpS41.16
TBVpS20.34
PEG (NY)4.23
PEG (5Y)9.2
Graham Number75.84
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 8.23% | ||
| ROE | 15.71% | ||
| ROCE | 11.52% | ||
| ROIC | 8.75% | ||
| ROICexc | 9.9% | ||
| ROICexgc | 15.21% | ||
| OM | 12.44% | ||
| PM (TTM) | 11.32% | ||
| GM | 25.88% | ||
| FCFM | 8.09% |
ROA(3y)6.28%
ROA(5y)6.02%
ROE(3y)12.46%
ROE(5y)11.77%
ROIC(3y)7.87%
ROIC(5y)7.33%
ROICexc(3y)8.33%
ROICexc(5y)7.83%
ROICexgc(3y)13.36%
ROICexgc(5y)12.89%
ROCE(3y)9.77%
ROCE(5y)9%
ROICexgc growth 3Y16.18%
ROICexgc growth 5Y3.29%
ROICexc growth 3Y19.24%
ROICexc growth 5Y6.07%
OM growth 3Y5.7%
OM growth 5Y4.68%
PM growth 3Y6.5%
PM growth 5Y4.62%
GM growth 3Y2.42%
GM growth 5Y1.57%
F-Score5
Asset Turnover0.73
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.35 | ||
| Debt/FCF | 3.37 | ||
| Debt/EBITDA | 1.59 | ||
| Cap/Depr | 90.48% | ||
| Cap/Sales | 3% | ||
| Interest Coverage | 11.47 | ||
| Cash Conversion | 70.36% | ||
| Profit Quality | 71.46% | ||
| Current Ratio | 2.04 | ||
| Quick Ratio | 1.39 | ||
| Altman-Z | 6.54 |
F-Score5
WACC9.56%
ROIC/WACC0.92
Cap/Depr(3y)63.55%
Cap/Depr(5y)51.13%
Cap/Sales(3y)2.58%
Cap/Sales(5y)2.26%
Profit Quality(3y)91.23%
Profit Quality(5y)120.84%
High Growth Momentum
Growth
EPS 1Y (TTM)2.99%
EPS 3Y23.55%
EPS 5Y4.6%
EPS Q2Q%7.98%
EPS Next Y9.99%
EPS Next 2Y13.94%
EPS Next 3Y14.42%
EPS Next 5Y12.28%
Revenue 1Y (TTM)5.53%
Revenue growth 3Y13.97%
Revenue growth 5Y2.77%
Sales Q2Q%7.99%
Revenue Next Year6.73%
Revenue Next 2Y8.26%
Revenue Next 3Y8.06%
Revenue Next 5Y2.18%
EBIT growth 1Y-4.47%
EBIT growth 3Y20.46%
EBIT growth 5Y7.58%
EBIT Next Year33.19%
EBIT Next 3Y20.41%
EBIT Next 5Y16.33%
FCF growth 1Y45.58%
FCF growth 3Y-7.06%
FCF growth 5Y3.3%
OCF growth 1Y44.25%
OCF growth 3Y-1.87%
OCF growth 5Y2.37%
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 9.99% 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 16.25%.