CURTISS-WRIGHT CORP (CW) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:CW - US2315611010 - Common Stock
566.17 USD
-1.72 (-0.3%)
566.17 USD
0 (0%)
Taking everything into account, CW scores 7 out of 10 in our fundamental rating. CW was compared to 71 industry peers in the Aerospace & Defense industry. CW has outstanding health and profitabily ratings, belonging to the best of the industry. This is a solid base for any company. CW is not valued too expensively and it also shows a decent growth rate. With these ratings, CW could be worth investigating further for quality investing!.
1. Profitability
1.1 Basic Checks
In the past year CW was profitable.
In the past year CW had a positive cash flow from operations.
Each year in the past 5 years CW has been profitable.
CW had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
With an excellent Return On Assets value of 9.12%, CW belongs to the best of the industry, outperforming 91.55% of the companies in the same industry.
With an excellent Return On Equity value of 18.39%, CW belongs to the best of the industry, outperforming 85.92% of the companies in the same industry.
CW has a Return On Invested Capital of 11.90%. This is amongst the best in the industry. CW outperforms 88.73% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for CW is in line with the industry average of 8.60%.
The last Return On Invested Capital (11.90%) for CW is above the 3 year average (10.03%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 9.12% | ||
| ROE | 18.39% | ||
| ROIC | 11.9% |
ROA(3y)7.47%
ROA(5y)6.76%
ROE(3y)15.54%
ROE(5y)14.45%
ROIC(3y)10.03%
ROIC(5y)9.53%
1.3 Margins
Looking at the Profit Margin, with a value of 13.78%, CW belongs to the top of the industry, outperforming 88.73% of the companies in the same industry.
CW's Profit Margin has been stable in the last couple of years.
CW has a Operating Margin of 18.30%. This is amongst the best in the industry. CW outperforms 88.73% of its industry peers.
CW's Operating Margin has improved in the last couple of years.
Looking at the Gross Margin, with a value of 37.43%, CW is in the better half of the industry, outperforming 76.06% of the companies in the same industry.
CW's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 18.3% | ||
| PM (TTM) | 13.78% | ||
| GM | 37.43% |
OM growth 3Y3.26%
OM growth 5Y1.55%
PM growth 3Y7.28%
PM growth 5Y0.97%
GM growth 3Y-0.09%
GM growth 5Y0.48%
2. Health
2.1 Basic Checks
CW 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 CW has been reduced compared to 1 year ago.
Compared to 5 years ago, CW has less shares outstanding
Compared to 1 year ago, CW has an improved debt to assets ratio.
2.2 Solvency
An Altman-Z score of 7.29 indicates that CW is not in any danger for bankruptcy at the moment.
The Altman-Z score of CW (7.29) is better than 71.83% of its industry peers.
The Debt to FCF ratio of CW is 1.87, which is an excellent value as it means it would take CW, only 1.87 years of fcf income to pay off all of its debts.
CW's Debt to FCF ratio of 1.87 is amongst the best of the industry. CW outperforms 92.96% of its industry peers.
A Debt/Equity ratio of 0.38 indicates that CW is not too dependend on debt financing.
CW's Debt to Equity ratio of 0.38 is in line compared to the rest of the industry. CW outperforms 56.34% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.38 | ||
| Debt/FCF | 1.87 | ||
| Altman-Z | 7.29 |
ROIC/WACC1.24
WACC9.6%
2.3 Liquidity
A Current Ratio of 1.75 indicates that CW should not have too much problems paying its short term obligations.
The Current ratio of CW (1.75) is worse than 64.79% of its industry peers.
A Quick Ratio of 1.17 indicates that CW should not have too much problems paying its short term obligations.
The Quick ratio of CW (1.17) is worse than 66.20% of its industry peers.
CW does not score too well on the current and quick ratio evaluation. However, as it has excellent solvency and profitability, these ratios do not necessarly indicate liquidity issues and need to be evaluated against the specifics of the business.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.75 | ||
| Quick Ratio | 1.17 |
3. Growth
3.1 Past
CW shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 18.22%, which is quite good.
CW shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 8.38% yearly.
CW shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 9.51%.
Measured over the past years, CW shows a small growth in Revenue. The Revenue has been growing by 4.64% on average per year.
EPS 1Y (TTM)18.22%
EPS 3Y13.93%
EPS 5Y8.38%
EPS Q2Q%14.48%
Revenue 1Y (TTM)9.51%
Revenue growth 3Y7.67%
Revenue growth 5Y4.64%
Sales Q2Q%8.79%
3.2 Future
The Earnings Per Share is expected to grow by 14.56% on average over the next years. This is quite good.
CW is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 8.85% yearly.
EPS Next Y24.27%
EPS Next 2Y18.03%
EPS Next 3Y15.76%
EPS Next 5Y14.56%
Revenue Next Year11.69%
Revenue Next 2Y9.43%
Revenue Next 3Y8.84%
Revenue Next 5Y8.85%
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 accelerating.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 44.51, CW can be considered very expensive at the moment.
Based on the Price/Earnings ratio, CW is valued a bit cheaper than 61.97% of the companies in the same industry.
When comparing the Price/Earnings ratio of CW to the average of the S&P500 Index (26.57), we can say CW is valued expensively.
With a Price/Forward Earnings ratio of 37.39, CW can be considered very expensive at the moment.
Based on the Price/Forward Earnings ratio, CW is valued a bit cheaper than the industry average as 61.97% of the companies are valued more expensively.
CW's Price/Forward Earnings ratio indicates a rather expensive valuation when compared to the S&P500 average which is at 24.04.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 44.51 | ||
| Fwd PE | 37.39 |
4.2 Price Multiples
CW's Enterprise Value to EBITDA is on the same level as the industry average.
70.42% of the companies in the same industry are more expensive than CW, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 40.41 | ||
| EV/EBITDA | 29.39 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates CW does not grow enough to justify the current Price/Earnings ratio.
The excellent profitability rating of CW may justify a higher PE ratio.
A more expensive valuation may be justified as CW's earnings are expected to grow with 15.76% in the coming years.
PEG (NY)1.83
PEG (5Y)5.31
EPS Next 2Y18.03%
EPS Next 3Y15.76%
5. Dividend
5.1 Amount
With a yearly dividend of 0.18%, CW is not a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 0.41, CW pays a bit more dividend than its industry peers.
With a Dividend Yield of 0.18, CW pays less dividend than the S&P500 average, which is at 1.88.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.18% |
5.2 History
The dividend of CW has a limited annual growth rate of 4.82%.
CW has been paying a dividend for at least 10 years, so it has a reliable track record.
CW has not decreased their dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)4.82%
Div Incr Years8
Div Non Decr Years33
5.3 Sustainability
CW pays out 7.08% of its income as dividend. This is a sustainable payout ratio.
The dividend of CW is growing, but earnings are growing more, so the dividend growth is sustainable.
DP7.08%
EPS Next 2Y18.03%
EPS Next 3Y15.76%
566.17
-1.72 (-0.3%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryAerospace & Defense
Earnings (Last)
Earnings (Next)
Inst Owners87.2%
Inst Owner Change-2.87%
Ins Owners0.43%
Ins Owner Change-2.99%
Market Cap20.87B
Revenue(TTM)3.38B
Net Income(TTM)465.08M
Analysts82.5
Price Target599.17 (5.83%)
Short Float %0.98%
Short Ratio1.39
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.18% |
Yearly Dividend0.83
Dividend Growth(5Y)4.82%
DP7.08%
Div Incr Years8
Div Non Decr Years33
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)0.33%
Min EPS beat(2)0.33%
Max EPS beat(2)0.33%
EPS beat(4)4
Avg EPS beat(4)4.56%
Min EPS beat(4)0.33%
Max EPS beat(4)14.8%
EPS beat(8)8
Avg EPS beat(8)6.59%
EPS beat(12)11
Avg EPS beat(12)5.58%
EPS beat(16)13
Avg EPS beat(16)4.77%
Revenue beat(2)0
Avg Revenue beat(2)-1.55%
Min Revenue beat(2)-2.99%
Max Revenue beat(2)-0.12%
Revenue beat(4)2
Avg Revenue beat(4)0.03%
Min Revenue beat(4)-2.99%
Max Revenue beat(4)1.88%
Revenue beat(8)6
Avg Revenue beat(8)1.63%
Revenue beat(12)9
Avg Revenue beat(12)1.81%
Revenue beat(16)9
Avg Revenue beat(16)0.23%
PT rev (1m)6.85%
PT rev (3m)19.88%
EPS NQ rev (1m)-0.28%
EPS NQ rev (3m)1.57%
EPS NY rev (1m)0.92%
EPS NY rev (3m)1.45%
Revenue NQ rev (1m)1.79%
Revenue NQ rev (3m)1.46%
Revenue NY rev (1m)0.4%
Revenue NY rev (3m)0.45%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 44.51 | ||
| Fwd PE | 37.39 | ||
| P/S | 6.18 | ||
| P/FCF | 40.41 | ||
| P/OCF | 35.26 | ||
| P/B | 8.25 | ||
| P/tB | 72.86 | ||
| EV/EBITDA | 29.39 |
EPS(TTM)12.72
EY2.25%
EPS(NY)15.14
Fwd EY2.67%
FCF(TTM)14.01
FCFY2.47%
OCF(TTM)16.06
OCFY2.84%
SpS91.56
BVpS68.61
TBVpS7.77
PEG (NY)1.83
PEG (5Y)5.31
Graham Number140.12
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 9.12% | ||
| ROE | 18.39% | ||
| ROCE | 15.44% | ||
| ROIC | 11.9% | ||
| ROICexc | 12.61% | ||
| ROICexgc | 31.06% | ||
| OM | 18.3% | ||
| PM (TTM) | 13.78% | ||
| GM | 37.43% | ||
| FCFM | 15.3% |
ROA(3y)7.47%
ROA(5y)6.76%
ROE(3y)15.54%
ROE(5y)14.45%
ROIC(3y)10.03%
ROIC(5y)9.53%
ROICexc(3y)11.07%
ROICexc(5y)10.36%
ROICexgc(3y)31.52%
ROICexgc(5y)29.76%
ROCE(3y)13.02%
ROCE(5y)12.36%
ROICexgc growth 3Y10.1%
ROICexgc growth 5Y1.55%
ROICexc growth 3Y7.83%
ROICexc growth 5Y0.32%
OM growth 3Y3.26%
OM growth 5Y1.55%
PM growth 3Y7.28%
PM growth 5Y0.97%
GM growth 3Y-0.09%
GM growth 5Y0.48%
F-Score8
Asset Turnover0.66
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.38 | ||
| Debt/FCF | 1.87 | ||
| Debt/EBITDA | 1.31 | ||
| Cap/Depr | 62.7% | ||
| Cap/Sales | 2.23% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 80.23% | ||
| Profit Quality | 111.08% | ||
| Current Ratio | 1.75 | ||
| Quick Ratio | 1.17 | ||
| Altman-Z | 7.29 |
F-Score8
WACC9.6%
ROIC/WACC1.24
Cap/Depr(3y)43.06%
Cap/Depr(5y)41.22%
Cap/Sales(3y)1.67%
Cap/Sales(5y)1.73%
Profit Quality(3y)106.77%
Profit Quality(5y)111.65%
High Growth Momentum
Growth
EPS 1Y (TTM)18.22%
EPS 3Y13.93%
EPS 5Y8.38%
EPS Q2Q%14.48%
EPS Next Y24.27%
EPS Next 2Y18.03%
EPS Next 3Y15.76%
EPS Next 5Y14.56%
Revenue 1Y (TTM)9.51%
Revenue growth 3Y7.67%
Revenue growth 5Y4.64%
Sales Q2Q%8.79%
Revenue Next Year11.69%
Revenue Next 2Y9.43%
Revenue Next 3Y8.84%
Revenue Next 5Y8.85%
EBIT growth 1Y13.95%
EBIT growth 3Y11.18%
EBIT growth 5Y6.26%
EBIT Next Year42.49%
EBIT Next 3Y19.46%
EBIT Next 5Y17.17%
FCF growth 1Y24%
FCF growth 3Y11.72%
FCF growth 5Y6.57%
OCF growth 1Y29.22%
OCF growth 3Y11.97%
OCF growth 5Y5.25%
CURTISS-WRIGHT CORP / CW FAQ
What is the ChartMill fundamental rating of CURTISS-WRIGHT CORP (CW) stock?
ChartMill assigns a fundamental rating of 7 / 10 to CW.
Can you provide the valuation status for CURTISS-WRIGHT CORP?
ChartMill assigns a valuation rating of 4 / 10 to CURTISS-WRIGHT CORP (CW). This can be considered as Fairly Valued.
Can you provide the profitability details for CURTISS-WRIGHT CORP?
CURTISS-WRIGHT CORP (CW) has a profitability rating of 8 / 10.
How financially healthy is CURTISS-WRIGHT CORP?
The financial health rating of CURTISS-WRIGHT CORP (CW) is 8 / 10.
Is the dividend of CURTISS-WRIGHT CORP sustainable?
The dividend rating of CURTISS-WRIGHT CORP (CW) is 6 / 10 and the dividend payout ratio is 7.08%.