297.95 USD
-0.73 (-0.24%)
297.95 USD
0 (0%)
We assign a fundamental rating of 6 out of 10 to WWD. WWD was compared to 72 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 is not valued too expensively and it also shows a decent growth rate. With these ratings, WWD could be worth investigating further for quality investing!.
1. Profitability
1.1 Basic Checks
WWD had positive earnings in the past year.
WWD had a positive operating cash flow in the past year.
In the past 5 years WWD has always been profitable.
Each year in the past 5 years WWD had a positive operating cash flow.
1.2 Ratios
WWD's Return On Assets of 9.55% is amongst the best of the industry. WWD outperforms 93.06% of its industry peers.
WWD's Return On Equity of 17.23% is amongst the best of the industry. WWD outperforms 83.33% of its industry peers.
WWD has a better Return On Invested Capital (10.44%) than 86.11% 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 8.58%.
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 84.72% of its industry peers.
WWD's Profit Margin has improved in the last couple of years.
WWD has a Operating Margin of 13.48%. This is in the better half of the industry: WWD outperforms 79.17% of its industry peers.
WWD's Operating Margin has improved in the last couple of years.
WWD's Gross Margin of 26.81% is in line compared to the rest of the industry. WWD outperforms 54.17% of its industry peers.
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
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), WWD is creating some value.
The number of shares outstanding for WWD has been increased compared to 1 year ago.
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.
With a decent Altman-Z score value of 7.65, WWD is doing good in the industry, outperforming 76.39% of the companies in the same industry.
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.
With an excellent Debt to FCF ratio value of 2.06, WWD belongs to the best of the industry, outperforming 91.67% 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 69.44% 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
WACC9.7%
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 (2.08) which is in line with its industry peers.
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 44.44% 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.
Measured over the past years, WWD shows a quite strong growth in Earnings Per Share. The EPS has been growing by 11.83% on average per year.
WWD shows a small growth in Revenue. In the last year, the Revenue has grown by 7.30%.
The Revenue has been growing slightly by 7.40% on average over the past years.
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 15.94% yearly.
WWD is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 1.85% yearly.
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
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
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
The Price/Earnings ratio is 43.24, which means the current valuation is very expensive for WWD.
Based on the Price/Earnings ratio, WWD is valued a bit cheaper than the industry average as 61.11% of the companies are valued more expensively.
When comparing the Price/Earnings ratio of WWD to the average of the S&P500 Index (26.54), we can say WWD is valued expensively.
A Price/Forward Earnings ratio of 37.04 indicates a quite expensive valuation of WWD.
61.11% 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 rather expensive valuation when compared to the S&P500 average which is at 23.78.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 43.24 | ||
| Fwd PE | 37.04 |
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 the industry average as 62.50% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 52.41 | ||
| EV/EBITDA | 30.52 |
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)2.58
PEG (5Y)3.66
EPS Next 2Y16.68%
EPS Next 3Y15.94%
5. Dividend
5.1 Amount
WWD has a yearly dividend return of 0.43%, which is pretty low.
Compared to an average industry Dividend Yield of 0.44, WWD pays a bit more dividend than its industry peers.
Compared to an average S&P500 Dividend Yield of 1.96, WWD's dividend is way lower than the S&P500 average.
| 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 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
14.70% 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.
DP14.7%
EPS Next 2Y16.68%
EPS Next 3Y15.94%
297.95
-0.73 (-0.24%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryAerospace & Defense
Earnings (Last)
Earnings (Next)
Inst Owners92.11%
Inst Owner Change1.42%
Ins Owners0.17%
Ins Owner Change0.19%
Market Cap17.84B
Revenue(TTM)3.57B
Net Income(TTM)442.11M
Analysts77.33
Price Target325.13 (9.12%)
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)7.5%
PT rev (3m)12%
EPS NQ rev (1m)0.14%
EPS NQ rev (3m)1.06%
EPS NY rev (1m)1.43%
EPS NY rev (3m)1.88%
Revenue NQ rev (1m)1.97%
Revenue NQ rev (3m)2.21%
Revenue NY rev (1m)1.57%
Revenue NY rev (3m)2.23%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 43.24 | ||
| Fwd PE | 37.04 | ||
| P/S | 5 | ||
| P/FCF | 52.41 | ||
| P/OCF | 37.85 | ||
| P/B | 6.95 | ||
| P/tB | 13.66 | ||
| EV/EBITDA | 30.52 |
EPS(TTM)6.89
EY2.31%
EPS(NY)8.04
Fwd EY2.7%
FCF(TTM)5.69
FCFY1.91%
OCF(TTM)7.87
OCFY2.64%
SpS59.58
BVpS42.87
TBVpS21.81
PEG (NY)2.58
PEG (5Y)3.66
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 | 7.65 |
F-Score9
WACC9.7%
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 Year48.2%
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.
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%.