AMERICAN WOODMARK CORP (AMWD) Stock Fundamental Analysis
NASDAQ:AMWD - Nasdaq - US0305061097 - Common Stock - Currency: USD
Taking everything into account, AMWD scores 4 out of 10 in our fundamental rating. AMWD was compared to 42 industry peers in the Building Products industry. AMWD has an average financial health and profitability rating. AMWD has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
AMWD had positive earnings in the past year.
In the past year AMWD had a positive cash flow from operations.
AMWD had positive earnings in 4 of the past 5 years.
Of the past 5 years AMWD 4 years had a positive operating cash flow.
1.2 Ratios
AMWD's Return On Assets of 6.33% is in line compared to the rest of the industry. AMWD outperforms 45.24% of its industry peers.
AMWD has a Return On Equity (10.95%) which is in line with its industry peers.
AMWD has a Return On Invested Capital (8.33%) which is comparable to the rest of the industry.
Measured over the past 3 years, the Average Return On Invested Capital for AMWD is below the industry average of 12.71%.
The 3 year average ROIC (8.33%) for AMWD is below the current ROIC(8.33%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.33% | ||
| ROE | 10.95% | ||
| ROIC | 8.33% |
ROA(3y)6.6%
ROA(5y)4.33%
ROE(3y)11.45%
ROE(5y)7.72%
ROIC(3y)8.33%
ROIC(5y)6.7%
1.3 Margins
AMWD's Profit Margin of 5.71% is in line compared to the rest of the industry. AMWD outperforms 40.48% of its industry peers.
In the last couple of years the Profit Margin of AMWD has grown nicely.
AMWD has a Operating Margin of 8.54%. This is in the lower half of the industry: AMWD underperforms 69.05% of its industry peers.
In the last couple of years the Operating Margin of AMWD has remained more or less at the same level.
With a Gross Margin value of 18.29%, AMWD is not doing good in the industry: 80.95% of the companies in the same industry are doing better.
AMWD's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 8.54% | ||
| PM (TTM) | 5.71% | ||
| GM | 18.29% |
OM growth 3Y62.9%
OM growth 5Y1.45%
PM growth 3YN/A
PM growth 5Y5.43%
GM growth 3Y13.73%
GM growth 5Y-1.95%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so AMWD is destroying value.
AMWD has less shares outstanding than it did 1 year ago.
The number of shares outstanding for AMWD has been reduced compared to 5 years ago.
AMWD has a worse debt/assets ratio than last year.
2.2 Solvency
AMWD has an Altman-Z score of 2.79. This is not the best score and indicates that AMWD is in the grey zone with still only limited risk for bankruptcy at the moment.
AMWD's Altman-Z score of 2.79 is on the low side compared to the rest of the industry. AMWD is outperformed by 61.90% of its industry peers.
The Debt to FCF ratio of AMWD is 9.35, which is on the high side as it means it would take AMWD, 9.35 years of fcf income to pay off all of its debts.
AMWD has a Debt to FCF ratio of 9.35. This is in the lower half of the industry: AMWD underperforms 69.05% of its industry peers.
A Debt/Equity ratio of 0.40 indicates that AMWD is not too dependend on debt financing.
AMWD has a Debt to Equity ratio (0.40) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.4 | ||
| Debt/FCF | 9.35 | ||
| Altman-Z | 2.79 |
ROIC/WACC0.7
WACC11.83%
2.3 Liquidity
AMWD has a Current Ratio of 2.01. This indicates that AMWD is financially healthy and has no problem in meeting its short term obligations.
The Current ratio of AMWD (2.01) is comparable to the rest of the industry.
A Quick Ratio of 1.06 indicates that AMWD should not have too much problems paying its short term obligations.
With a Quick ratio value of 1.06, AMWD is not doing good in the industry: 71.43% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.01 | ||
| Quick Ratio | 1.06 |
3. Growth
3.1 Past
AMWD shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -22.00%.
AMWD shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 0.09% yearly.
AMWD shows a decrease in Revenue. In the last year, the revenue decreased by -7.47%.
Measured over the past years, AMWD shows a small growth in Revenue. The Revenue has been growing by 0.71% on average per year.
EPS 1Y (TTM)-22%
EPS 3Y26.18%
EPS 5Y0.09%
EPS Q2Q%-5.29%
Revenue 1Y (TTM)-7.47%
Revenue growth 3Y-2.72%
Revenue growth 5Y0.71%
Sales Q2Q%-11.67%
3.2 Future
AMWD is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 8.15% yearly.
The Revenue is expected to grow by 0.70% on average over the next years.
EPS Next Y-2.69%
EPS Next 2Y8.15%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year-2.82%
Revenue Next 2Y0.7%
Revenue Next 3YN/A
Revenue Next 5YN/A
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 stable.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 7.98, the valuation of AMWD can be described as very cheap.
Based on the Price/Earnings ratio, AMWD is valued cheaply inside the industry as 97.62% of the companies are valued more expensively.
AMWD is valuated cheaply when we compare the Price/Earnings ratio to 26.31, which is the current average of the S&P500 Index.
A Price/Forward Earnings ratio of 8.20 indicates a reasonable valuation of AMWD.
Based on the Price/Forward Earnings ratio, AMWD is valued cheaper than 92.86% of the companies in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 22.13. AMWD is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.98 | ||
| Fwd PE | 8.2 |
4.2 Price Multiples
100.00% of the companies in the same industry are more expensive than AMWD, based on the Enterprise Value to EBITDA ratio.
Based on the Price/Free Cash Flow ratio, AMWD is valued a bit cheaper than the industry average as 64.29% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 19.55 | ||
| EV/EBITDA | 5.64 |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)87.94
EPS Next 2Y8.15%
EPS Next 3YN/A
5. Dividend
5.1 Amount
AMWD does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
52.91
-2.33 (-4.22%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryBuilding Products
Earnings (Last)
Earnings (Next)
Inst Owners95.82%
Inst Owner Change3.33%
Ins Owners1.26%
Ins Owner Change3.14%
Market Cap784.66M
Analysts82.22
Price Target75.48 (42.66%)
Short Float %3.23%
Short Ratio2.88
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DP0%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-18.14%
Min EPS beat(2)-22.6%
Max EPS beat(2)-13.68%
EPS beat(4)0
Avg EPS beat(4)-16.14%
Min EPS beat(4)-22.6%
Max EPS beat(4)-6.37%
EPS beat(8)4
Avg EPS beat(8)4.23%
EPS beat(12)7
Avg EPS beat(12)5.04%
EPS beat(16)7
Avg EPS beat(16)-5.08%
Revenue beat(2)0
Avg Revenue beat(2)-3.56%
Min Revenue beat(2)-3.93%
Max Revenue beat(2)-3.2%
Revenue beat(4)1
Avg Revenue beat(4)-2.91%
Min Revenue beat(4)-5.31%
Max Revenue beat(4)0.8%
Revenue beat(8)2
Avg Revenue beat(8)-1.37%
Revenue beat(12)3
Avg Revenue beat(12)-1.32%
Revenue beat(16)4
Avg Revenue beat(16)-1.93%
PT rev (1m)-12.6%
PT rev (3m)-19.27%
EPS NQ rev (1m)-2.24%
EPS NQ rev (3m)-22.51%
EPS NY rev (1m)-6.71%
EPS NY rev (3m)-25.32%
Revenue NQ rev (1m)-0.27%
Revenue NQ rev (3m)-3.26%
Revenue NY rev (1m)-2.11%
Revenue NY rev (3m)-4.5%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.98 | ||
| Fwd PE | 8.2 | ||
| P/S | 0.45 | ||
| P/FCF | 19.55 | ||
| P/OCF | 7.33 | ||
| P/B | 0.85 | ||
| P/tB | 5.16 | ||
| EV/EBITDA | 5.64 |
EPS(TTM)6.63
EY12.53%
EPS(NY)6.45
Fwd EY12.19%
FCF(TTM)2.71
FCFY5.11%
OCF(TTM)7.22
OCFY13.64%
SpS118.84
BVpS62.01
TBVpS10.25
PEG (NY)N/A
PEG (5Y)87.94
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.33% | ||
| ROE | 10.95% | ||
| ROCE | 10.75% | ||
| ROIC | 8.33% | ||
| ROICexc | 8.6% | ||
| ROICexgc | 19.8% | ||
| OM | 8.54% | ||
| PM (TTM) | 5.71% | ||
| GM | 18.29% | ||
| FCFM | 2.28% |
ROA(3y)6.6%
ROA(5y)4.33%
ROE(3y)11.45%
ROE(5y)7.72%
ROIC(3y)8.33%
ROIC(5y)6.7%
ROICexc(3y)8.72%
ROICexc(5y)7.03%
ROICexgc(3y)21.33%
ROICexgc(5y)17.94%
ROCE(3y)10.75%
ROCE(5y)8.64%
ROICexcg growth 3Y56.45%
ROICexcg growth 5Y-3.37%
ROICexc growth 3Y60.59%
ROICexc growth 5Y2.63%
OM growth 3Y62.9%
OM growth 5Y1.45%
PM growth 3YN/A
PM growth 5Y5.43%
GM growth 3Y13.73%
GM growth 5Y-1.95%
F-Score5
Asset Turnover1.11
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.4 | ||
| Debt/FCF | 9.35 | ||
| Debt/EBITDA | 1.8 | ||
| Cap/Depr | 125.12% | ||
| Cap/Sales | 3.79% | ||
| Interest Coverage | 10.03 | ||
| Cash Conversion | 52.45% | ||
| Profit Quality | 39.86% | ||
| Current Ratio | 2.01 | ||
| Quick Ratio | 1.06 | ||
| Altman-Z | 2.79 |
F-Score5
WACC11.83%
ROIC/WACC0.7
Cap/Depr(3y)N/A
Cap/Depr(5y)N/A
Cap/Sales(3y)N/A
Cap/Sales(5y)N/A
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-22%
EPS 3Y26.18%
EPS 5Y0.09%
EPS Q2Q%-5.29%
EPS Next Y-2.69%
EPS Next 2Y8.15%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)-7.47%
Revenue growth 3Y-2.72%
Revenue growth 5Y0.71%
Sales Q2Q%-11.67%
Revenue Next Year-2.82%
Revenue Next 2Y0.7%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y-7.57%
EBIT growth 3Y58.47%
EBIT growth 5Y2.17%
EBIT Next Year39.25%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-79.42%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-61.15%
OCF growth 3YN/A
OCF growth 5YN/A