321.99 USD
+2.76 (+0.86%)
321.99 USD
0 (0%)
We assign a fundamental rating of 6 out of 10 to WWD. 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. 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.
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
WWD has a better Return On Assets (9.55%) than 92.96% of its industry peers.
With an excellent Return On Equity value of 17.23%, WWD belongs to the best of the industry, outperforming 83.10% of the companies in the same industry.
WWD has a better Return On Invested Capital (10.44%) than 83.10% 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 8.63%.
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.
In the last couple of years the Profit Margin of WWD has grown nicely.
WWD's Operating Margin of 13.48% is fine compared to the rest of the industry. WWD outperforms 78.87% of its industry peers.
WWD's Operating Margin has improved in the last couple of years.
Looking at the Gross Margin, with a value of 26.81%, WWD is in line with its industry, 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
WWD has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
The number of shares outstanding for WWD has been increased compared to 1 year ago.
Compared to 5 years ago, WWD has less shares outstanding
WWD has a better debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 8.06 indicates that WWD is not in any danger for bankruptcy at the moment.
With a decent Altman-Z score value of 8.06, WWD is doing good in the industry, outperforming 73.24% 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.
With an excellent Debt to FCF ratio value of 2.06, WWD belongs to the best of the industry, outperforming 91.55% of the companies in the same industry.
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 71.83% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.23 | ||
| Debt/FCF | 2.06 | ||
| Altman-Z | 8.06 |
ROIC/WACC1.03
WACC10.1%
2.3 Liquidity
A Current Ratio of 2.08 indicates that WWD has no problem at all paying its short term obligations.
Looking at the Current ratio, with a value of 2.08, WWD is in line with its industry, outperforming 40.85% of the companies in the same industry.
A Quick Ratio of 1.36 indicates that WWD should not have too much problems paying its short term obligations.
WWD's Quick ratio of 1.36 is in line compared to the rest of the industry. WWD outperforms 45.07% of 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.
The Earnings Per Share has been growing by 11.83% on average over the past years. This is quite good.
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
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.
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 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
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
Based on the Price/Earnings ratio of 46.73, 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 61.97% of the companies in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 27.19, WWD is valued quite expensively.
A Price/Forward Earnings ratio of 39.81 indicates a quite expensive valuation of WWD.
Compared to the rest of the industry, the Price/Forward Earnings ratio of WWD indicates a somewhat cheap valuation: WWD is cheaper than 63.38% of the companies listed in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 23.88. WWD is valued rather expensively when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 46.73 | ||
| Fwd PE | 39.81 |
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.
Based on the Price/Free Cash Flow ratio, WWD is valued a bit cheaper than the industry average as 61.97% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 56.64 | ||
| EV/EBITDA | 32.87 |
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.
WWD has an outstanding profitability rating, which may justify a higher PE ratio.
WWD's earnings are expected to grow with 17.21% in the coming years. This may justify a more expensive valuation.
PEG (NY)2.69
PEG (5Y)3.95
EPS Next 2Y17.33%
EPS Next 3Y17.21%
5. Dividend
5.1 Amount
WWD has a yearly dividend return of 0.35%, which is pretty low.
Compared to an average industry Dividend Yield of 0.37, WWD pays a bit more dividend than its industry peers.
Compared to an average S&P500 Dividend Yield of 1.90, 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.
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%
321.99
+2.76 (+0.86%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryAerospace & Defense
Earnings (Last)
Earnings (Next)
Inst Owners92.1%
Inst Owner Change0%
Ins Owners0.24%
Ins Owner Change-0.96%
Market Cap19.28B
Revenue(TTM)3.57B
Net Income(TTM)442.11M
Analysts77.33
Price Target327.05 (1.57%)
Short Float %1.47%
Short Ratio1.56
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.35% |
Yearly Dividend1.09
Dividend Growth(5Y)12.52%
DP14.7%
Div Incr Years4
Div Non Decr Years4
Ex-DateN/A
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)0.59%
PT rev (3m)9.39%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-0.16%
EPS NY rev (1m)0.55%
EPS NY rev (3m)2.53%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)1.83%
Revenue NY rev (1m)1.29%
Revenue NY rev (3m)2.96%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 46.73 | ||
| Fwd PE | 39.81 | ||
| P/S | 5.4 | ||
| P/FCF | 56.64 | ||
| P/OCF | 40.9 | ||
| P/B | 7.51 | ||
| P/tB | 14.76 | ||
| EV/EBITDA | 32.87 |
EPS(TTM)6.89
EY2.14%
EPS(NY)8.09
Fwd EY2.51%
FCF(TTM)5.69
FCFY1.77%
OCF(TTM)7.87
OCFY2.44%
SpS59.58
BVpS42.87
TBVpS21.81
PEG (NY)2.69
PEG (5Y)3.95
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 | 8.06 |
F-Score9
WACC10.1%
ROIC/WACC1.03
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.
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 46.73 and the Price/Book (PB) ratio is 7.51.
What is the earnings growth outlook for WOODWARD INC?
The Earnings per Share (EPS) of WOODWARD INC (WWD) is expected to grow by 17.4% in the next year.