ZURN ELKAY WATER SOLUTIONS C (ZWS) Stock Fundamental Analysis

USA • New York Stock Exchange • NYSE:ZWS • US98983L1089

51.11 USD
-0.66 (-1.27%)
At close: Feb 5, 2026
50 USD
-1.11 (-2.17%)
After Hours: 2/5/2026, 6:07:44 PM
Fundamental Rating

5

We assign a fundamental rating of 5 out of 10 to ZWS. ZWS was compared to 42 industry peers in the Building Products industry. ZWS is in great health and has no worries on liquidiy or solvency at all, but the profibility rating is only average. ZWS has a expensive valuation and it also scores bad on growth.


Dividend Valuation Growth Profitability Health

6

1. Profitability

1.1 Basic Checks

  • ZWS had positive earnings in the past year.
  • ZWS had a positive operating cash flow in the past year.
  • ZWS had positive earnings in 4 of the past 5 years.
  • Of the past 5 years ZWS 4 years had a positive operating cash flow.
ZWS Yearly Net Income VS EBIT VS OCF VS FCFZWS Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 100M 200M 300M

1.2 Ratios

  • Looking at the Return On Assets, with a value of 7.16%, ZWS is in line with its industry, outperforming 57.14% of the companies in the same industry.
  • ZWS has a Return On Equity of 12.08%. This is comparable to the rest of the industry: ZWS outperforms 54.76% of its industry peers.
  • The Return On Invested Capital of ZWS (8.54%) is comparable to the rest of the industry.
  • ZWS had an Average Return On Invested Capital over the past 3 years of 6.01%. This is significantly below the industry average of 12.36%.
  • The last Return On Invested Capital (8.54%) for ZWS is above the 3 year average (6.01%), which is a sign of increasing profitability.
Industry RankSector Rank
ROA 7.16%
ROE 12.08%
ROIC 8.54%
ROA(3y)4.14%
ROA(5y)5.64%
ROE(3y)6.98%
ROE(5y)25.85%
ROIC(3y)6.01%
ROIC(5y)7.19%
ZWS Yearly ROA, ROE, ROICZWS Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 20 40 60 80

1.3 Margins

  • With a decent Profit Margin value of 11.59%, ZWS is doing good in the industry, outperforming 64.29% of the companies in the same industry.
  • In the last couple of years the Profit Margin of ZWS has grown nicely.
  • With a decent Operating Margin value of 16.69%, ZWS is doing good in the industry, outperforming 66.67% of the companies in the same industry.
  • ZWS's Operating Margin has been stable in the last couple of years.
  • With an excellent Gross Margin value of 44.91%, ZWS belongs to the best of the industry, outperforming 90.48% of the companies in the same industry.
  • ZWS's Gross Margin has improved in the last couple of years.
Industry RankSector Rank
OM 16.69%
PM (TTM) 11.59%
GM 44.91%
OM growth 3Y10.68%
OM growth 5Y1.24%
PM growth 3Y-8.32%
PM growth 5Y80%
GM growth 3Y3.28%
GM growth 5Y3.36%
ZWS Yearly Profit, Operating, Gross MarginsZWS Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 10 20 30 40

7

2. Health

2.1 Basic Checks

  • ZWS has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
  • ZWS has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
ZWS Yearly Shares OutstandingZWS Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 50M 100M 150M
ZWS Yearly Total Debt VS Total AssetsZWS Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 1B 2B 3B

2.2 Solvency

  • ZWS has an Altman-Z score of 5.35. This indicates that ZWS is financially healthy and has little risk of bankruptcy at the moment.
  • The Altman-Z score of ZWS (5.35) is better than 69.05% of its industry peers.
  • The Debt to FCF ratio of ZWS is 1.72, which is an excellent value as it means it would take ZWS, only 1.72 years of fcf income to pay off all of its debts.
  • ZWS has a better Debt to FCF ratio (1.72) than 78.57% of its industry peers.
  • A Debt/Equity ratio of 0.31 indicates that ZWS is not too dependend on debt financing.
  • The Debt to Equity ratio of ZWS (0.31) is better than 69.05% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.31
Debt/FCF 1.72
Altman-Z 5.35
ROIC/WACC0.94
WACC9.09%
ZWS Yearly LT Debt VS Equity VS FCFZWS Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 500M 1B 1.5B

2.3 Liquidity

  • A Current Ratio of 2.78 indicates that ZWS has no problem at all paying its short term obligations.
  • ZWS has a Current ratio of 2.78. This is in the better half of the industry: ZWS outperforms 71.43% of its industry peers.
  • A Quick Ratio of 1.83 indicates that ZWS should not have too much problems paying its short term obligations.
  • With a decent Quick ratio value of 1.83, ZWS is doing good in the industry, outperforming 76.19% of the companies in the same industry.
Industry RankSector Rank
Current Ratio 2.78
Quick Ratio 1.83
ZWS Yearly Current Assets VS Current LiabilitesZWS Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 200M 400M 600M 800M 1B

3

3. Growth

3.1 Past

  • ZWS shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 18.75%, which is quite good.
  • ZWS shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 15.75% yearly.
EPS 1Y (TTM)18.75%
EPS 3Y15.75%
EPS 5YN/A
EPS Q2Q%12.5%
Revenue 1Y (TTM)N/A
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%9.85%

3.2 Future

  • Based on estimates for the next years, ZWS will show a quite strong growth in Earnings Per Share. The EPS will grow by 10.82% on average per year.
  • Based on estimates for the next years, ZWS will show a small growth in Revenue. The Revenue will grow by 5.79% on average per year.
EPS Next Y10.14%
EPS Next 2Y9.66%
EPS Next 3Y11.03%
EPS Next 5Y10.82%
Revenue Next Year5.57%
Revenue Next 2Y5.25%
Revenue Next 3Y5.72%
Revenue Next 5Y5.79%

3.3 Evolution

  • The estimated forward EPS growth is still strong, although it is decreasing when compared to the stronger growth in the past years.
ZWS Yearly Revenue VS EstimatesZWS Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 500M 1B 1.5B 2B
ZWS Yearly EPS VS EstimatesZWS Yearly EPS VS EstimatesYearly EPS VS Estimates 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 0.5 1 1.5 2

1

4. Valuation

4.1 Price/Earnings Ratio

  • Based on the Price/Earnings ratio of 33.63, the valuation of ZWS can be described as expensive.
  • 73.81% of the companies in the same industry are cheaper than ZWS, based on the Price/Earnings ratio.
  • ZWS's Price/Earnings ratio indicates a valuation a bit more expensive than the S&P500 average which is at 27.67.
  • Based on the Price/Forward Earnings ratio of 30.53, the valuation of ZWS can be described as expensive.
  • Based on the Price/Forward Earnings ratio, ZWS is valued a bit more expensive than 71.43% of the companies in the same industry.
  • When comparing the Price/Forward Earnings ratio of ZWS to the average of the S&P500 Index (27.20), we can say ZWS is valued inline with the index average.
Industry RankSector Rank
PE 33.63
Fwd PE 30.53
ZWS Price Earnings VS Forward Price EarningsZWS Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30

4.2 Price Multiples

  • Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of ZWS indicates a slightly more expensive valuation: ZWS is more expensive than 76.19% of the companies listed in the same industry.
  • The rest of the industry has a similar Price/Free Cash Flow ratio as ZWS.
Industry RankSector Rank
P/FCF 29.64
EV/EBITDA 24.27
ZWS Per share dataZWS EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 2 4 6 8

4.3 Compensation for Growth

  • The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
  • ZWS has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)3.32
PEG (5Y)N/A
EPS Next 2Y9.66%
EPS Next 3Y11.03%

5

5. Dividend

5.1 Amount

  • With a yearly dividend of 0.94%, ZWS is not a good candidate for dividend investing.
  • Compared to an average industry Dividend Yield of 0.67, ZWS pays a bit more dividend than its industry peers.
  • With a Dividend Yield of 0.94, ZWS pays less dividend than the S&P500 average, which is at 1.82.
Industry RankSector Rank
Dividend Yield 0.94%

5.2 History

  • On average, the dividend of ZWS grows each year by 8.28%, which is quite nice.
  • ZWS has been paying a dividend for over 5 years, so it has already some track record.
  • The dividend of ZWS decreased recently.
Dividend Growth(5Y)8.28%
Div Incr Years1
Div Non Decr Years1
ZWS Yearly Dividends per shareZWS Yearly Dividends per shareYearly Dividends per share 2020 2021 2022 2023 2024 2025 2026 0.1 0.2 0.3 0.4

5.3 Sustainability

  • 31.57% of the earnings are spent on dividend by ZWS. This is a low number and sustainable payout ratio.
  • The dividend of ZWS is growing, but earnings are growing more, so the dividend growth is sustainable.
DP31.57%
EPS Next 2Y9.66%
EPS Next 3Y11.03%
ZWS Yearly Income VS Free CF VS DividendZWS Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 50M 100M 150M 200M 250M
ZWS Dividend Payout.ZWS Dividend Payout, showing the Payout Ratio.ZWS Dividend Payout.PayoutRetained Earnings

ZURN ELKAY WATER SOLUTIONS C

NYSE:ZWS (2/5/2026, 6:07:44 PM)

After market: 50 -1.11 (-2.17%)

51.11

-0.66 (-1.27%)

Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryBuilding Products
Earnings (Last)02-03
Earnings (Next)04-20
Inst Owners94.67%
Inst Owner Change-1.93%
Ins Owners2.35%
Ins Owner Change-0.73%
Market Cap8.55B
Revenue(TTM)N/A
Net Income(TTM)192.30M
Analysts76.92
Price Target52.47 (2.66%)
Short Float %3.24%
Short Ratio5.42
Dividend
Industry RankSector Rank
Dividend Yield 0.94%
Yearly Dividend0.33
Dividend Growth(5Y)8.28%
DP31.57%
Div Incr Years1
Div Non Decr Years1
Ex-Date02-20
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)11.43%
Min EPS beat(2)7.36%
Max EPS beat(2)15.51%
EPS beat(4)4
Avg EPS beat(4)10.61%
Min EPS beat(4)5.84%
Max EPS beat(4)15.51%
EPS beat(8)8
Avg EPS beat(8)9.26%
EPS beat(12)11
Avg EPS beat(12)8.18%
EPS beat(16)15
Avg EPS beat(16)13.68%
Revenue beat(2)2
Avg Revenue beat(2)2.71%
Min Revenue beat(2)1.87%
Max Revenue beat(2)3.54%
Revenue beat(4)4
Avg Revenue beat(4)1.47%
Min Revenue beat(4)0.17%
Max Revenue beat(4)3.54%
Revenue beat(8)7
Avg Revenue beat(8)0.84%
Revenue beat(12)9
Avg Revenue beat(12)0.97%
Revenue beat(16)11
Avg Revenue beat(16)0.78%
PT rev (1m)-0.49%
PT rev (3m)7.53%
EPS NQ rev (1m)0.01%
EPS NQ rev (3m)9.42%
EPS NY rev (1m)-0.03%
EPS NY rev (3m)5.09%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)3.4%
Revenue NY rev (1m)0%
Revenue NY rev (3m)1.43%
Valuation
Industry RankSector Rank
PE 33.63
Fwd PE 30.53
P/S 5.15
P/FCF 29.64
P/OCF 26.86
P/B 5.37
P/tB N/A
EV/EBITDA 24.27
EPS(TTM)1.52
EY2.97%
EPS(NY)1.67
Fwd EY3.28%
FCF(TTM)1.72
FCFY3.37%
OCF(TTM)1.9
OCFY3.72%
SpS9.92
BVpS9.51
TBVpS-0.31
PEG (NY)3.32
PEG (5Y)N/A
Graham Number18.03
Profitability
Industry RankSector Rank
ROA 7.16%
ROE 12.08%
ROCE 11.56%
ROIC 8.54%
ROICexc 9.58%
ROICexgc 41.57%
OM 16.69%
PM (TTM) 11.59%
GM 44.91%
FCFM 17.39%
ROA(3y)4.14%
ROA(5y)5.64%
ROE(3y)6.98%
ROE(5y)25.85%
ROIC(3y)6.01%
ROIC(5y)7.19%
ROICexc(3y)6.44%
ROICexc(5y)8.06%
ROICexgc(3y)26.42%
ROICexgc(5y)27.95%
ROCE(3y)8.14%
ROCE(5y)9.74%
ROICexgc growth 3Y11.52%
ROICexgc growth 5Y3.59%
ROICexc growth 3Y-7.79%
ROICexc growth 5Y-1.06%
OM growth 3Y10.68%
OM growth 5Y1.24%
PM growth 3Y-8.32%
PM growth 5Y80%
GM growth 3Y3.28%
GM growth 5Y3.36%
F-Score7
Asset Turnover0.62
Health
Industry RankSector Rank
Debt/Equity 0.31
Debt/FCF 1.72
Debt/EBITDA 1.35
Cap/Depr 33.22%
Cap/Sales 1.8%
Interest Coverage 250
Cash Conversion 86.83%
Profit Quality 150.08%
Current Ratio 2.78
Quick Ratio 1.83
Altman-Z 5.35
F-Score7
WACC9.09%
ROIC/WACC0.94
Cap/Depr(3y)20.96%
Cap/Depr(5y)28.15%
Cap/Sales(3y)1.13%
Cap/Sales(5y)1.59%
Profit Quality(3y)173.63%
Profit Quality(5y)168.36%
High Growth Momentum
Growth
EPS 1Y (TTM)18.75%
EPS 3Y15.75%
EPS 5YN/A
EPS Q2Q%12.5%
EPS Next Y10.14%
EPS Next 2Y9.66%
EPS Next 3Y11.03%
EPS Next 5Y10.82%
Revenue 1Y (TTM)N/A
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%9.85%
Revenue Next Year5.57%
Revenue Next 2Y5.25%
Revenue Next 3Y5.72%
Revenue Next 5Y5.79%
EBIT growth 1Y9.66%
EBIT growth 3Y32.6%
EBIT growth 5Y-4.07%
EBIT Next Year49.94%
EBIT Next 3Y20.21%
EBIT Next 5Y15.74%
FCF growth 1Y10.62%
FCF growth 3Y10.7%
FCF growth 5Y4.97%
OCF growth 1Y13.67%
OCF growth 3Y9.49%
OCF growth 5Y2.6%

ZURN ELKAY WATER SOLUTIONS C / ZWS FAQ

What is the fundamental rating for ZWS stock?

ChartMill assigns a fundamental rating of 5 / 10 to ZWS.


What is the valuation status for ZWS stock?

ChartMill assigns a valuation rating of 2 / 10 to ZURN ELKAY WATER SOLUTIONS C (ZWS). This can be considered as Overvalued.


Can you provide the profitability details for ZURN ELKAY WATER SOLUTIONS C?

ZURN ELKAY WATER SOLUTIONS C (ZWS) has a profitability rating of 6 / 10.


What is the financial health of ZURN ELKAY WATER SOLUTIONS C (ZWS) stock?

The financial health rating of ZURN ELKAY WATER SOLUTIONS C (ZWS) is 7 / 10.


What is the earnings growth outlook for ZURN ELKAY WATER SOLUTIONS C?

The Earnings per Share (EPS) of ZURN ELKAY WATER SOLUTIONS C (ZWS) is expected to grow by 10.14% in the next year.