291.66 USD
-6.38 (-2.14%)
264.49 USD
-27.17 (-9.32%)
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 scores excellent points on both the profitability and health parts. This is a solid base for a good stock. WWD has a decent growth rate and is not valued too expensively. These ratings could make WWD a good candidate for quality investing.
1. Profitability
1.1 Basic Checks
In the past year WWD was profitable.
WWD had a positive operating cash flow in the past year.
In the past 5 years WWD has always been profitable.
In the past 5 years WWD always reported a positive cash flow from operatings.
1.2 Ratios
WWD's Return On Assets of 9.55% is amongst the best of the industry. WWD outperforms 92.96% of its industry peers.
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.
The Average Return On Invested Capital over the past 3 years for WWD is in line with the industry average of 8.57%.
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.
WWD's Operating Margin has improved in the last couple of years.
With a Gross Margin value of 26.81%, WWD perfoms like the industry average, outperforming 56.34% of the companies in the same industry.
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
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
The number of shares outstanding for WWD has been reduced compared to 5 years ago.
WWD has a better debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 7.65 indicates that WWD is not in any danger for bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 7.65, WWD is in the better half of the industry, outperforming 78.87% of the companies in the same industry.
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.
WWD has a better Debt to FCF ratio (2.06) than 91.55% of its industry peers.
A Debt/Equity ratio of 0.23 indicates that WWD is not too dependend on debt financing.
With a decent Debt to Equity ratio value of 0.23, WWD is doing good in 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 | 7.65 |
ROIC/WACC1.08
WACC9.65%
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.
Looking at the Current ratio, with a value of 2.08, WWD is in line with its industry, outperforming 46.48% of the companies in the same industry.
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.
WWD has a Quick ratio (1.36) which is in line with its industry peers.
| 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.
Looking at the last year, WWD shows a small growth in Revenue. The Revenue has grown by 7.30% in the last year.
Measured over the past years, WWD shows a small growth in Revenue. The Revenue has been growing by 7.40% on average per year.
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 15.94% on average per year.
Based on estimates for the next years, WWD will show a small growth in Revenue. The Revenue will grow by 1.85% on average per year.
EPS Next Y16.76%
EPS Next 2Y16.68%
EPS Next 3Y15.94%
EPS Next 5YN/A
Revenue Next Year11.53%
Revenue Next 2Y9.79%
Revenue Next 3Y9.29%
Revenue Next 5Y1.85%
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 42.33.
Based on the Price/Earnings ratio, WWD is valued a bit cheaper than 60.56% of the companies in the same industry.
When comparing the Price/Earnings ratio of WWD to the average of the S&P500 Index (26.37), we can say WWD is valued expensively.
Based on the Price/Forward Earnings ratio of 36.26, the valuation of WWD can be described as expensive.
Compared to the rest of the industry, the Price/Forward Earnings ratio of WWD indicates a somewhat cheap valuation: WWD is cheaper than 61.97% of the companies listed in the same industry.
WWD is valuated at similar levels of the S&P average when we compare the Price/Forward Earnings ratio to 36.20, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 42.33 | ||
| Fwd PE | 36.26 |
4.2 Price Multiples
WWD's Enterprise Value to EBITDA ratio is in line with the industry average.
Based on the Price/Free Cash Flow ratio, WWD is valued a bit cheaper than 60.56% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 51.39 | ||
| EV/EBITDA | 30.5 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates WWD does not grow enough to justify the current Price/Earnings ratio.
WWD has an outstanding profitability rating, which may justify a higher PE ratio.
WWD's earnings are expected to grow with 15.94% in the coming years. This may justify a more expensive valuation.
PEG (NY)2.53
PEG (5Y)3.58
EPS Next 2Y16.68%
EPS Next 3Y15.94%
5. Dividend
5.1 Amount
With a yearly dividend of 0.43%, WWD is not a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 1.14, WWD pays a bit more dividend than its industry peers.
With a Dividend Yield of 0.43, WWD pays less dividend than the S&P500 average, which is at 2.32.
| 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
14.70% of the earnings are spent on dividend by WWD. This is a low number and sustainable payout ratio.
The dividend of WWD is growing, but earnings are growing more, so the dividend growth is sustainable.
DP14.7%
EPS Next 2Y16.68%
EPS Next 3Y15.94%
291.66
-6.38 (-2.14%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryAerospace & Defense
Earnings (Last)
Earnings (Next)
Inst Owners89.57%
Inst Owner Change1.41%
Ins Owners0.16%
Ins Owner Change-0.84%
Market Cap17.49B
Revenue(TTM)3.57B
Net Income(TTM)442.11M
Analysts77.33
Price Target302.44 (3.7%)
Short Float %1.64%
Short Ratio1.9
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)1.16%
PT rev (3m)4.18%
EPS NQ rev (1m)0%
EPS NQ rev (3m)0.74%
EPS NY rev (1m)0%
EPS NY rev (3m)0.45%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0.77%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.65%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 42.33 | ||
| Fwd PE | 36.26 | ||
| P/S | 4.9 | ||
| P/FCF | 51.39 | ||
| P/OCF | 37.11 | ||
| P/B | 6.82 | ||
| P/tB | 13.39 | ||
| EV/EBITDA | 30.5 |
EPS(TTM)6.89
EY2.36%
EPS(NY)8.04
Fwd EY2.76%
FCF(TTM)5.68
FCFY1.95%
OCF(TTM)7.86
OCFY2.69%
SpS59.48
BVpS42.79
TBVpS21.78
PEG (NY)2.53
PEG (5Y)3.58
Graham Number81.45
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 | 7.65 |
F-Score9
WACC9.65%
ROIC/WACC1.08
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 Y16.76%
EPS Next 2Y16.68%
EPS Next 3Y15.94%
EPS Next 5YN/A
Revenue 1Y (TTM)7.3%
Revenue growth 3Y14.4%
Revenue growth 5Y7.4%
Sales Q2Q%16.47%
Revenue Next Year11.53%
Revenue Next 2Y9.79%
Revenue Next 3Y9.29%
Revenue Next 5Y1.85%
EBIT growth 1Y6.64%
EBIT growth 3Y30.71%
EBIT growth 5Y9.71%
EBIT Next Year42.61%
EBIT Next 3Y18.97%
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 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.
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 16.76% 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%.