303.45 USD
+1.81 (+0.6%)
303.45 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 has a decent growth rate and is not valued too expensively. This makes WWD very considerable for quality investing!
1. Profitability
1.1 Basic Checks
WWD had positive earnings in the past year.
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
The Return On Assets of WWD (9.55%) is better than 92.96% of its industry peers.
Looking at the Return On Equity, with a value of 17.23%, WWD belongs to the top of the industry, outperforming 83.10% of the companies in the same industry.
The Return On Invested Capital of WWD (10.44%) is better than 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 8.57%.
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
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.
With a decent Operating Margin value of 13.48%, WWD is doing good in the industry, outperforming 78.87% of the companies in the same industry.
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.
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 7.71. This indicates that WWD is financially healthy and has little risk of bankruptcy at the moment.
WWD has a better Altman-Z score (7.71) than 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.
Looking at the Debt to FCF ratio, with a value of 2.06, WWD belongs to the top of the industry, outperforming 91.55% of the companies in the same industry.
A Debt/Equity ratio of 0.23 indicates that WWD is not too dependend on debt financing.
WWD has a better Debt to Equity ratio (0.23) than 69.01% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.23 | ||
| Debt/FCF | 2.06 | ||
| Altman-Z | 7.71 |
ROIC/WACC1.07
WACC9.72%
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.
With a Current ratio value of 2.08, WWD perfoms like the industry average, 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.
With a Quick ratio value of 1.36, WWD perfoms like the industry average, outperforming 47.89% 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.
The Earnings Per Share has been growing by 11.83% on average over the past years. This is quite good.
WWD shows a small growth in Revenue. In the last year, the Revenue has grown by 7.30%.
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.
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
With a Price/Earnings ratio of 44.04, WWD can be considered very expensive at the moment.
Based on the Price/Earnings ratio, WWD is valued a bit cheaper than 61.97% of the companies in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 26.46, WWD is valued quite expensively.
Based on the Price/Forward Earnings ratio of 37.72, the valuation of WWD can be described as expensive.
Based on the Price/Forward Earnings ratio, WWD is valued a bit cheaper than the industry average as 60.56% of the companies are valued more expensively.
Compared to an average S&P500 Price/Forward Earnings ratio of 36.10, WWD is valued at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 44.04 | ||
| Fwd PE | 37.72 |
4.2 Price Multiples
The rest of the industry has a similar Enterprise Value to EBITDA ratio as WWD.
60.56% 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 | 53.47 | ||
| EV/EBITDA | 30.87 |
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.
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 15.94% in the coming years.
PEG (NY)2.63
PEG (5Y)3.72
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.
Compared to an average S&P500 Dividend Yield of 2.32, 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 12.52%, which is quite nice.
WWD has been paying a dividend for at least 10 years, so it has 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 2Y16.68%
EPS Next 3Y15.94%
303.45
+1.81 (+0.6%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryAerospace & Defense
Earnings (Last)
Earnings (Next)
Inst Owners92.11%
Inst Owner Change1.41%
Ins Owners0.17%
Ins Owner Change-0.84%
Market Cap18.17B
Revenue(TTM)3.57B
Net Income(TTM)442.11M
Analysts77.33
Price Target325.13 (7.14%)
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 | 44.04 | ||
| Fwd PE | 37.72 | ||
| P/S | 5.1 | ||
| P/FCF | 53.47 | ||
| P/OCF | 38.61 | ||
| P/B | 7.09 | ||
| P/tB | 13.93 | ||
| EV/EBITDA | 30.87 |
EPS(TTM)6.89
EY2.27%
EPS(NY)8.04
Fwd EY2.65%
FCF(TTM)5.68
FCFY1.87%
OCF(TTM)7.86
OCFY2.59%
SpS59.48
BVpS42.79
TBVpS21.78
PEG (NY)2.63
PEG (5Y)3.72
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 | 7.71 |
F-Score9
WACC9.72%
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 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%.