WATERS CORP (1WAT.MI) Stock Fundamental Analysis
Europe - Euronext Milan - BIT:1WAT - US9418481035 - Common Stock
327.4 EUR
+327.4 (+Infinity%)
We assign a fundamental rating of 6 out of 10 to 1WAT. 1WAT was compared to 22 industry peers in the Life Sciences Tools & Services industry. 1WAT has outstanding health and profitabily ratings, belonging to the best of the industry. This is a solid base for any company. While showing a medium growth rate, 1WAT is valued expensive at the moment. With these ratings, 1WAT could be worth investigating further for quality investing!.
1. Profitability
1.1 Basic Checks
In the past year 1WAT was profitable.
In the past year 1WAT had a positive cash flow from operations.
1WAT had positive earnings in each of the past 5 years.
1WAT had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
With an excellent Return On Assets value of 13.34%, 1WAT belongs to the best of the industry, outperforming 95.45% of the companies in the same industry.
The Return On Equity of 1WAT (27.84%) is better than 95.45% of its industry peers.
With an excellent Return On Invested Capital value of 19.60%, 1WAT belongs to the best of the industry, outperforming 95.45% of the companies in the same industry.
1WAT had an Average Return On Invested Capital over the past 3 years of 22.94%. This is significantly above the industry average of 9.70%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 13.34% | ||
| ROE | 27.84% | ||
| ROIC | 19.6% |
ROA(3y)16.49%
ROA(5y)18.04%
ROE(3y)77%
ROE(5y)128.85%
ROIC(3y)22.94%
ROIC(5y)25.43%
1.3 Margins
1WAT has a Profit Margin of 20.89%. This is amongst the best in the industry. 1WAT outperforms 95.45% of its industry peers.
In the last couple of years the Profit Margin of 1WAT has declined.
The Operating Margin of 1WAT (26.54%) is better than 90.91% of its industry peers.
1WAT's Operating Margin has been stable in the last couple of years.
1WAT has a Gross Margin of 58.96%. This is in the better half of the industry: 1WAT outperforms 72.73% of its industry peers.
In the last couple of years the Gross Margin of 1WAT has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 26.54% | ||
| PM (TTM) | 20.89% | ||
| GM | 58.96% |
OM growth 3Y-1.6%
OM growth 5Y-0.88%
PM growth 3Y-4.65%
PM growth 5Y-2.61%
GM growth 3Y0.51%
GM growth 5Y0.43%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is well above the Cost of Capital (WACC), so 1WAT is creating value.
1WAT has more shares outstanding than it did 1 year ago.
1WAT has less shares outstanding than it did 5 years ago.
The debt/assets ratio for 1WAT has been reduced compared to a year ago.
2.2 Solvency
1WAT has an Altman-Z score of 9.69. This indicates that 1WAT is financially healthy and has little risk of bankruptcy at the moment.
1WAT has a Altman-Z score of 9.69. This is amongst the best in the industry. 1WAT outperforms 90.91% of its industry peers.
1WAT has a debt to FCF ratio of 2.34. This is a good value and a sign of high solvency as 1WAT would need 2.34 years to pay back of all of its debts.
Looking at the Debt to FCF ratio, with a value of 2.34, 1WAT belongs to the top of the industry, outperforming 95.45% of the companies in the same industry.
A Debt/Equity ratio of 0.41 indicates that 1WAT is not too dependend on debt financing.
1WAT has a Debt to Equity ratio of 0.41. This is amongst the best in the industry. 1WAT outperforms 81.82% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.41 | ||
| Debt/FCF | 2.34 | ||
| Altman-Z | 9.69 |
ROIC/WACC1.81
WACC10.84%
2.3 Liquidity
1WAT has a Current Ratio of 1.53. This is a normal value and indicates that 1WAT is financially healthy and should not expect problems in meeting its short term obligations.
1WAT's Current ratio of 1.53 is fine compared to the rest of the industry. 1WAT outperforms 72.73% of its industry peers.
A Quick Ratio of 1.08 indicates that 1WAT should not have too much problems paying its short term obligations.
1WAT has a Quick ratio of 1.08. This is comparable to the rest of the industry: 1WAT outperforms 50.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.53 | ||
| Quick Ratio | 1.08 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an nice 11.50% over the past year.
Measured over the past 5 years, 1WAT shows a small growth in Earnings Per Share. The EPS has been growing by 5.53% on average per year.
1WAT shows a small growth in Revenue. In the last year, the Revenue has grown by 6.90%.
The Revenue has been growing slightly by 4.21% on average over the past years.
EPS 1Y (TTM)11.5%
EPS 3Y1.89%
EPS 5Y5.53%
EPS Q2Q%16.04%
Revenue 1Y (TTM)6.9%
Revenue growth 3Y2.02%
Revenue growth 5Y4.21%
Sales Q2Q%8.05%
3.2 Future
The Earnings Per Share is expected to grow by 10.36% on average over the next years. This is quite good.
The Revenue is expected to grow by 6.46% on average over the next years.
EPS Next Y11.59%
EPS Next 2Y10.26%
EPS Next 3Y10.23%
EPS Next 5Y10.36%
Revenue Next Year7.43%
Revenue Next 2Y6.88%
Revenue Next 3Y6.69%
Revenue Next 5Y6.46%
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 accelerating.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 30.09, the valuation of 1WAT can be described as expensive.
1WAT's Price/Earnings is on the same level as the industry average.
Compared to an average S&P500 Price/Earnings ratio of 27.00, 1WAT is valued at the same level.
With a Price/Forward Earnings ratio of 26.49, 1WAT can be considered very expensive at the moment.
The rest of the industry has a similar Price/Forward Earnings ratio as 1WAT.
1WAT is valuated at similar levels of the S&P average when we compare the Price/Forward Earnings ratio to 23.70, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 30.09 | ||
| Fwd PE | 26.49 |
4.2 Price Multiples
The rest of the industry has a similar Enterprise Value to EBITDA ratio as 1WAT.
1WAT's Price/Free Cash Flow ratio is in line with the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 37.78 | ||
| EV/EBITDA | 23.09 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
The excellent profitability rating of 1WAT may justify a higher PE ratio.
PEG (NY)2.6
PEG (5Y)5.44
EPS Next 2Y10.26%
EPS Next 3Y10.23%
5. Dividend
5.1 Amount
1WAT does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
BIT:1WAT (12/29/2025, 7:00:00 PM)
327.4
+327.4 (+Infinity%)
Chartmill FA Rating
GICS SectorHealth Care
GICS IndustryGroupPharmaceuticals, Biotechnology & Life Sciences
GICS IndustryLife Sciences Tools & Services
Earnings (Last)
Earnings (Next)
Inst Owners100.29%
Inst Owner ChangeN/A
Ins Owners0.12%
Ins Owner ChangeN/A
Market Cap19.49B
Revenue(TTM)3.11B
Net Income(TTM)648.81M
Analysts73.33
Price Target353.76 (8.05%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr YearsN/A
Div Non Decr YearsN/A
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)2.14%
Min EPS beat(2)-0.8%
Max EPS beat(2)5.07%
EPS beat(4)3
Avg EPS beat(4)1.32%
Min EPS beat(4)-0.8%
Max EPS beat(4)5.07%
EPS beat(8)7
Avg EPS beat(8)2.54%
EPS beat(12)10
Avg EPS beat(12)2.85%
EPS beat(16)14
Avg EPS beat(16)3.89%
Revenue beat(2)2
Avg Revenue beat(2)1.71%
Min Revenue beat(2)1.4%
Max Revenue beat(2)2.01%
Revenue beat(4)4
Avg Revenue beat(4)1.07%
Min Revenue beat(4)0.06%
Max Revenue beat(4)2.01%
Revenue beat(8)6
Avg Revenue beat(8)0.75%
Revenue beat(12)7
Avg Revenue beat(12)0.2%
Revenue beat(16)11
Avg Revenue beat(16)0.91%
PT rev (1m)N/A
PT rev (3m)N/A
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)N/A
EPS NY rev (3m)N/A
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)N/A
Revenue NY rev (3m)N/A
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 30.09 | ||
| Fwd PE | 26.49 | ||
| P/S | 7.33 | ||
| P/FCF | 37.78 | ||
| P/OCF | 31.25 | ||
| P/B | 9.76 | ||
| P/tB | 53.98 | ||
| EV/EBITDA | 23.09 |
EPS(TTM)10.88
EY3.32%
EPS(NY)12.36
Fwd EY3.78%
FCF(TTM)8.67
FCFY2.65%
OCF(TTM)10.48
OCFY3.2%
SpS44.68
BVpS33.53
TBVpS6.07
PEG (NY)2.6
PEG (5Y)5.44
Graham Number90.6
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 13.34% | ||
| ROE | 27.84% | ||
| ROCE | 22.83% | ||
| ROIC | 19.6% | ||
| ROICexc | 22.45% | ||
| ROICexgc | 56.94% | ||
| OM | 26.54% | ||
| PM (TTM) | 20.89% | ||
| GM | 58.96% | ||
| FCFM | 19.39% |
ROA(3y)16.49%
ROA(5y)18.04%
ROE(3y)77%
ROE(5y)128.85%
ROIC(3y)22.94%
ROIC(5y)25.43%
ROICexc(3y)26.72%
ROICexc(5y)31.12%
ROICexgc(3y)50.26%
ROICexgc(5y)55.59%
ROCE(3y)26.72%
ROCE(5y)29.62%
ROICexgc growth 3Y-9.19%
ROICexgc growth 5Y-5.06%
ROICexc growth 3Y-18.41%
ROICexc growth 5Y-11.04%
OM growth 3Y-1.6%
OM growth 5Y-0.88%
PM growth 3Y-4.65%
PM growth 5Y-2.61%
GM growth 3Y0.51%
GM growth 5Y0.43%
F-Score4
Asset Turnover0.64
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.41 | ||
| Debt/FCF | 2.34 | ||
| Debt/EBITDA | 0.92 | ||
| Cap/Depr | 62.23% | ||
| Cap/Sales | 4.05% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 70.93% | ||
| Profit Quality | 92.83% | ||
| Current Ratio | 1.53 | ||
| Quick Ratio | 1.08 | ||
| Altman-Z | 9.69 |
F-Score4
WACC10.84%
ROIC/WACC1.81
Cap/Depr(3y)103.92%
Cap/Depr(5y)115.41%
Cap/Sales(3y)5.47%
Cap/Sales(5y)5.95%
Profit Quality(3y)75.5%
Profit Quality(5y)85.71%
High Growth Momentum
Growth
EPS 1Y (TTM)11.5%
EPS 3Y1.89%
EPS 5Y5.53%
EPS Q2Q%16.04%
EPS Next Y11.59%
EPS Next 2Y10.26%
EPS Next 3Y10.23%
EPS Next 5Y10.36%
Revenue 1Y (TTM)6.9%
Revenue growth 3Y2.02%
Revenue growth 5Y4.21%
Sales Q2Q%8.05%
Revenue Next Year7.43%
Revenue Next 2Y6.88%
Revenue Next 3Y6.69%
Revenue Next 5Y6.46%
EBIT growth 1Y-2.9%
EBIT growth 3Y0.39%
EBIT growth 5Y3.3%
EBIT Next Year25.53%
EBIT Next 3Y15.6%
EBIT Next 5Y11.27%
FCF growth 1Y54.36%
FCF growth 3Y2.29%
FCF growth 5Y5.27%
OCF growth 1Y27.43%
OCF growth 3Y0.66%
OCF growth 5Y3.45%
WATERS CORP / 1WAT.MI FAQ
What is the fundamental rating for 1WAT stock?
ChartMill assigns a fundamental rating of 6 / 10 to 1WAT.MI.
Can you provide the valuation status for WATERS CORP?
ChartMill assigns a valuation rating of 3 / 10 to WATERS CORP (1WAT.MI). This can be considered as Overvalued.
How profitable is WATERS CORP (1WAT.MI) stock?
WATERS CORP (1WAT.MI) has a profitability rating of 8 / 10.
What is the financial health of WATERS CORP (1WAT.MI) stock?
The financial health rating of WATERS CORP (1WAT.MI) is 7 / 10.
Can you provide the expected EPS growth for 1WAT stock?
The Earnings per Share (EPS) of WATERS CORP (1WAT.MI) is expected to grow by 11.59% in the next year.