HAYNES INTERNATIONAL INC (HAYN) Fundamental Analysis & Valuation

NASDAQ:HAYN • US4208772016

Current stock price

60.99 USD
+0.02 (+0.03%)
At close:
60.99 USD
0 (0%)
After Hours:

This HAYN fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.

5

1. HAYN Profitability Analysis

1.1 Basic Checks

  • HAYN had positive earnings in the past year.
  • In the past year HAYN had a positive cash flow from operations.
  • In multiple years HAYN reported negative net income over the last 5 years.
  • The reported operating cash flow has been mixed in the past 5 years: HAYN reported negative operating cash flow in multiple years.
HAYN Yearly Net Income VS EBIT VS OCF VS FCFHAYN 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 0 50M -50M

1.2 Ratios

  • HAYN's Return On Assets of 5.47% is fine compared to the rest of the industry. HAYN outperforms 75.80% of its industry peers.
  • HAYN has a better Return On Equity (8.29%) than 73.89% of its industry peers.
  • Looking at the Return On Invested Capital, with a value of 6.62%, HAYN is in the better half of the industry, outperforming 70.70% of the companies in the same industry.
Industry RankSector Rank
ROA 5.47%
ROE 8.29%
ROIC 6.62%
ROA(3y)3.83%
ROA(5y)2.39%
ROE(3y)6.38%
ROE(5y)4.05%
ROIC(3y)N/A
ROIC(5y)N/A
HAYN Yearly ROA, ROE, ROICHAYN Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 0 5 -5 10

1.3 Margins

  • The Profit Margin of HAYN (6.10%) is better than 74.52% of its industry peers.
  • HAYN has a Operating Margin of 8.38%. This is in the better half of the industry: HAYN outperforms 62.42% of its industry peers.
  • In the last couple of years the Operating Margin of HAYN has grown nicely.
  • Looking at the Gross Margin, with a value of 17.43%, HAYN is in line with its industry, outperforming 52.87% of the companies in the same industry.
  • In the last couple of years the Gross Margin of HAYN has grown nicely.
Industry RankSector Rank
OM 8.38%
PM (TTM) 6.1%
GM 17.43%
OM growth 3YN/A
OM growth 5Y49.94%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y16.66%
GM growth 5Y7.74%
HAYN Yearly Profit, Operating, Gross MarginsHAYN Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 0 5 -5 10 15 20

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5

2. HAYN Health Analysis

2.1 Basic Checks

  • The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so HAYN is destroying value.
  • The number of shares outstanding for HAYN has been increased compared to 1 year ago.
  • HAYN has a worse debt/assets ratio than last year.
HAYN Yearly Shares OutstandingHAYN Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2M 4M 6M 8M 10M
HAYN Yearly Total Debt VS Total AssetsHAYN Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 200M 400M 600M

2.2 Solvency

  • An Altman-Z score of 4.30 indicates that HAYN is not in any danger for bankruptcy at the moment.
  • HAYN's Altman-Z score of 4.30 is fine compared to the rest of the industry. HAYN outperforms 67.52% of its industry peers.
  • The Debt to FCF ratio of HAYN is 4.86, which is a neutral value as it means it would take HAYN, 4.86 years of fcf income to pay off all of its debts.
  • With a decent Debt to FCF ratio value of 4.86, HAYN is doing good in the industry, outperforming 69.43% of the companies in the same industry.
  • HAYN has a Debt/Equity ratio of 0.22. This is a healthy value indicating a solid balance between debt and equity.
  • Looking at the Debt to Equity ratio, with a value of 0.22, HAYN is in line with its industry, outperforming 45.22% of the companies in the same industry.
Industry RankSector Rank
Debt/Equity 0.22
Debt/FCF 4.86
Altman-Z 4.3
ROIC/WACC0.58
WACC11.32%
HAYN Yearly LT Debt VS Equity VS FCFHAYN Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 0 100M 200M 300M 400M

2.3 Liquidity

  • HAYN has a Current Ratio of 7.74. This indicates that HAYN is financially healthy and has no problem in meeting its short term obligations.
  • The Current ratio of HAYN (7.74) is better than 85.99% of its industry peers.
  • HAYN has a Quick Ratio of 1.89. This is a normal value and indicates that HAYN is financially healthy and should not expect problems in meeting its short term obligations.
  • Looking at the Quick ratio, with a value of 1.89, HAYN is in line with its industry, outperforming 59.24% of the companies in the same industry.
Industry RankSector Rank
Current Ratio 7.74
Quick Ratio 1.89
HAYN Yearly Current Assets VS Current LiabilitesHAYN Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 100M 200M 300M 400M 500M

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WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

4

3. HAYN Growth Analysis

3.1 Past

  • The earnings per share for HAYN have decreased strongly by -18.03% in the last year.
  • The Earnings Per Share has been growing by 122.47% on average over the past years. This is a very strong growth
  • Looking at the last year, HAYN shows a small growth in Revenue. The Revenue has grown by 7.18% in the last year.
  • The Revenue has been growing slightly by 6.27% on average over the past years.
EPS 1Y (TTM)-18.03%
EPS 3YN/A
EPS 5Y122.47%
EPS Q2Q%-7.35%
Revenue 1Y (TTM)7.18%
Revenue growth 3Y15.74%
Revenue growth 5Y6.27%
Sales Q2Q%6.96%

3.2 Future

  • HAYN is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 12.46% yearly.
  • HAYN is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 3.26% yearly.
EPS Next Y-21.39%
EPS Next 2Y5.45%
EPS Next 3Y12.46%
EPS Next 5YN/A
Revenue Next Year2.28%
Revenue Next 2Y2.3%
Revenue Next 3Y3.26%
Revenue Next 5YN/A

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.
  • The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
HAYN Yearly Revenue VS EstimatesHAYN Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 200M 400M 600M
HAYN Yearly EPS VS EstimatesHAYN Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 0 1 2 3 4

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4

4. HAYN Valuation Analysis

4.1 Price/Earnings Ratio

  • The Price/Earnings ratio is 20.96, which indicates a rather expensive current valuation of HAYN.
  • Compared to the rest of the industry, the Price/Earnings ratio of HAYN indicates a somewhat cheap valuation: HAYN is cheaper than 66.88% of the companies listed in the same industry.
  • HAYN's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 26.21.
  • With a Price/Forward Earnings ratio of 16.77, HAYN is valued correctly.
  • HAYN's Price/Forward Earnings ratio is in line with the industry average.
  • The average S&P500 Price/Forward Earnings ratio is at 23.10. HAYN is valued slightly cheaper when compared to this.
Industry RankSector Rank
PE 20.96
Fwd PE 16.77
HAYN Price Earnings VS Forward Price EarningsHAYN Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 5 10 15 20 25

4.2 Price Multiples

  • Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of HAYN is on the same level as its industry peers.
  • Based on the Price/Free Cash Flow ratio, HAYN is valued a bit cheaper than 67.52% of the companies in the same industry.
Industry RankSector Rank
P/FCF 38.75
EV/EBITDA 12.5
HAYN Per share dataHAYN EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 10 20 30 40

4.3 Compensation for Growth

  • HAYN's earnings are expected to grow with 12.46% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)0.17
EPS Next 2Y5.45%
EPS Next 3Y12.46%

More info and screens

Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

6

5. HAYN Dividend Analysis

5.1 Amount

  • HAYN has a Yearly Dividend Yield of 1.44%.
  • Compared to an average industry Dividend Yield of 1.16, HAYN pays a bit more dividend than its industry peers.
  • Compared to the average S&P500 Dividend Yield of 1.89, HAYN is paying slightly less dividend.
Industry RankSector Rank
Dividend Yield 1.44%

5.2 History

  • The dividend of HAYN has a limited annual growth rate of 0.12%.
  • HAYN has been paying a dividend for at least 10 years, so it has a reliable track record.
  • HAYN has not decreased its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.
Dividend Growth(5Y)0.12%
Div Incr Years0
Div Non Decr Years14
HAYN Yearly Dividends per shareHAYN Yearly Dividends per shareYearly Dividends per share 2016 2017 2018 2019 2020 2021 2022 2023 2024 0.2 0.4 0.6 0.8

5.3 Sustainability

  • HAYN pays out 30.20% of its income as dividend. This is a sustainable payout ratio.
  • The dividend of HAYN is growing, but earnings are growing more, so the dividend growth is sustainable.
DP30.2%
EPS Next 2Y5.45%
EPS Next 3Y12.46%
HAYN Yearly Income VS Free CF VS DividendHAYN Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 0 20M -20M 40M -40M -60M -80M
HAYN Dividend Payout.HAYN Dividend Payout, showing the Payout Ratio.HAYN Dividend Payout.PayoutRetained Earnings

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HAYN Fundamentals: All Metrics, Ratios and Statistics

HAYNES INTERNATIONAL INC

NASDAQ:HAYN (11/20/2024, 8:00:01 PM)

After market: 60.99 0 (0%)

60.99

+0.02 (+0.03%)

Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)11-14
Earnings (Next)02-03
Inst Owners104.59%
Inst Owner Change0%
Ins Owners1.77%
Ins Owner Change0%
Market Cap780.06M
Revenue(TTM)614.34M
Net Income(TTM)37.48M
Analysts47.5
Price Target62.22 (2.02%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 1.44%
Yearly Dividend0.89
Dividend Growth(5Y)0.12%
DP30.2%
Div Incr Years0
Div Non Decr Years14
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-23.32%
Min EPS beat(2)-26.03%
Max EPS beat(2)-20.61%
EPS beat(4)0
Avg EPS beat(4)-16.32%
Min EPS beat(4)-26.03%
Max EPS beat(4)-2.68%
EPS beat(8)0
Avg EPS beat(8)-10.46%
EPS beat(12)4
Avg EPS beat(12)26.01%
EPS beat(16)7
Avg EPS beat(16)31.77%
Revenue beat(2)0
Avg Revenue beat(2)-5.42%
Min Revenue beat(2)-5.87%
Max Revenue beat(2)-4.97%
Revenue beat(4)0
Avg Revenue beat(4)-4.58%
Min Revenue beat(4)-5.87%
Max Revenue beat(4)-2.56%
Revenue beat(8)2
Avg Revenue beat(8)-1.52%
Revenue beat(12)6
Avg Revenue beat(12)-0.42%
Revenue beat(16)9
Avg Revenue beat(16)-0.17%
PT rev (1m)0%
PT rev (3m)0%
EPS NQ rev (1m)-2.33%
EPS NQ rev (3m)-3.46%
EPS NY rev (1m)-0.59%
EPS NY rev (3m)-0.79%
Revenue NQ rev (1m)-1.36%
Revenue NQ rev (3m)-1.51%
Revenue NY rev (1m)-0.15%
Revenue NY rev (3m)-0.15%
Valuation
Industry RankSector Rank
PE 20.96
Fwd PE 16.77
P/S 1.27
P/FCF 38.75
P/OCF 18.6
P/B 1.73
P/tB 1.76
EV/EBITDA 12.5
EPS(TTM)2.91
EY4.77%
EPS(NY)3.64
Fwd EY5.96%
FCF(TTM)1.57
FCFY2.58%
OCF(TTM)3.28
OCFY5.38%
SpS48.03
BVpS35.36
TBVpS34.56
PEG (NY)N/A
PEG (5Y)0.17
Graham NumberN/A
Profitability
Industry RankSector Rank
ROA 5.47%
ROE 8.29%
ROCE 8.31%
ROIC 6.62%
ROICexc 6.75%
ROICexgc 6.86%
OM 8.38%
PM (TTM) 6.1%
GM 17.43%
FCFM 3.28%
ROA(3y)3.83%
ROA(5y)2.39%
ROE(3y)6.38%
ROE(5y)4.05%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexgc growth 3YN/A
ROICexgc growth 5Y53.61%
ROICexc growth 3YN/A
ROICexc growth 5Y53.7%
OM growth 3YN/A
OM growth 5Y49.94%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y16.66%
GM growth 5Y7.74%
F-Score7
Asset Turnover0.9
Health
Industry RankSector Rank
Debt/Equity 0.22
Debt/FCF 4.86
Debt/EBITDA 1.41
Cap/Depr 122.77%
Cap/Sales 3.55%
Interest Coverage 6.82
Cash Conversion 60.55%
Profit Quality 53.71%
Current Ratio 7.74
Quick Ratio 1.89
Altman-Z 4.3
F-Score7
WACC11.32%
ROIC/WACC0.58
Cap/Depr(3y)65.78%
Cap/Depr(5y)59.47%
Cap/Sales(3y)2.54%
Cap/Sales(5y)2.42%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-18.03%
EPS 3YN/A
EPS 5Y122.47%
EPS Q2Q%-7.35%
EPS Next Y-21.39%
EPS Next 2Y5.45%
EPS Next 3Y12.46%
EPS Next 5YN/A
Revenue 1Y (TTM)7.18%
Revenue growth 3Y15.74%
Revenue growth 5Y6.27%
Sales Q2Q%6.96%
Revenue Next Year2.28%
Revenue Next 2Y2.3%
Revenue Next 3Y3.26%
Revenue Next 5YN/A
EBIT growth 1Y-14.45%
EBIT growth 3YN/A
EBIT growth 5Y59.34%
EBIT Next Year16.78%
EBIT Next 3Y19.78%
EBIT Next 5YN/A
FCF growth 1Y122.95%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y156.29%
OCF growth 3YN/A
OCF growth 5YN/A

HAYNES INTERNATIONAL INC / HAYN Fundamental Analysis FAQ

Can you provide the ChartMill fundamental rating for HAYNES INTERNATIONAL INC?

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


What is the valuation status for HAYN stock?

ChartMill assigns a valuation rating of 4 / 10 to HAYNES INTERNATIONAL INC (HAYN). This can be considered as Fairly Valued.


Can you provide the profitability details for HAYNES INTERNATIONAL INC?

HAYNES INTERNATIONAL INC (HAYN) has a profitability rating of 5 / 10.


What is the financial health of HAYNES INTERNATIONAL INC (HAYN) stock?

The financial health rating of HAYNES INTERNATIONAL INC (HAYN) is 5 / 10.


What is the expected EPS growth for HAYNES INTERNATIONAL INC (HAYN) stock?

The Earnings per Share (EPS) of HAYNES INTERNATIONAL INC (HAYN) is expected to decline by -21.39% in the next year.