HAYNES INTERNATIONAL INC (HAYN) Stock Fundamental Analysis
USA - NASDAQ:HAYN - US4208772016 - Common Stock
60.99 USD
+0.02 (+0.03%)
60.99 USD
0 (0%)
HAYN gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 154 industry peers in the Metals & Mining industry. HAYN has an average financial health and profitability rating. HAYN has a decent growth rate and is not valued too expensively.
1. Profitability
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.
In multiple years HAYN reported negative operating cash flow during the last 5 years.
1.2 Ratios
HAYN has a better Return On Assets (5.47%) than 75.80% of its industry peers.
HAYN's Return On Equity of 8.29% is fine compared to the rest of the industry. HAYN outperforms 73.89% of its industry peers.
HAYN has a Return On Invested Capital of 6.62%. This is in the better half of the industry: HAYN outperforms 70.70% of its industry peers.
| Industry Rank | Sector 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
1.3 Margins
With a decent Profit Margin value of 6.10%, HAYN is doing good in the industry, outperforming 74.52% of the companies in the same industry.
Looking at the Operating Margin, with a value of 8.38%, HAYN is in the better half of the industry, outperforming 62.42% of the companies in the same industry.
HAYN's Operating Margin has improved in the last couple of years.
HAYN has a Gross Margin (17.43%) which is in line with its industry peers.
In the last couple of years the Gross Margin of HAYN has grown nicely.
| Industry Rank | Sector 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%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), HAYN is destroying value.
HAYN has more shares outstanding than it did 1 year ago.
HAYN has more shares outstanding than it did 5 years ago.
HAYN has a worse debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 4.30 indicates that HAYN is not in any danger for bankruptcy at the moment.
HAYN has a Altman-Z score of 4.30. This is in the better half of the industry: HAYN outperforms 67.52% of its industry peers.
HAYN has a debt to FCF ratio of 4.86. This is a neutral value as HAYN would need 4.86 years to pay back of all of its debts.
HAYN has a Debt to FCF ratio of 4.86. This is in the better half of the industry: HAYN outperforms 69.43% of its industry peers.
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 Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.22 | ||
| Debt/FCF | 4.86 | ||
| Altman-Z | 4.3 |
ROIC/WACC0.58
WACC11.32%
2.3 Liquidity
A Current Ratio of 7.74 indicates that HAYN has no problem at all paying its short term obligations.
HAYN has a Current ratio of 7.74. This is amongst the best in the industry. HAYN outperforms 85.99% of its industry peers.
A Quick Ratio of 1.89 indicates that HAYN should not have too much problems paying its short term obligations.
The Quick ratio of HAYN (1.89) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 7.74 | ||
| Quick Ratio | 1.89 |
3. Growth
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
The Revenue has been growing slightly by 7.18% in the past year.
Measured over the past years, HAYN shows a small growth in Revenue. The Revenue has been growing by 6.27% on average per year.
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
Based on estimates for the next years, HAYN will show a quite strong growth in Earnings Per Share. The EPS will grow by 12.46% on average per year.
Based on estimates for the next years, HAYN will show a small growth in Revenue. The Revenue will grow by 3.26% on average per year.
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.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 20.96, which indicates a rather expensive current valuation of HAYN.
HAYN's Price/Earnings ratio is a bit cheaper when compared to the industry. HAYN is cheaper than 66.88% of the companies in the same industry.
HAYN's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 26.34.
The Price/Forward Earnings ratio is 16.77, which indicates a correct valuation of HAYN.
HAYN's Price/Forward Earnings ratio is in line with the industry average.
The average S&P500 Price/Forward Earnings ratio is at 34.43. HAYN is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 20.96 | ||
| Fwd PE | 16.77 |
4.2 Price Multiples
HAYN's Enterprise Value to EBITDA ratio is in line with the industry average.
Based on the Price/Free Cash Flow ratio, HAYN is valued a bit cheaper than the industry average as 67.52% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 38.75 | ||
| EV/EBITDA | 12.5 |
4.3 Compensation for Growth
A more expensive valuation may be justified as HAYN's earnings are expected to grow with 12.46% in the coming years.
PEG (NY)N/A
PEG (5Y)0.17
EPS Next 2Y5.45%
EPS Next 3Y12.46%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 1.44%, HAYN has a reasonable but not impressive dividend return.
Compared to an average industry Dividend Yield of 2.62, HAYN pays a bit more dividend than its industry peers.
Compared to the average S&P500 Dividend Yield of 2.36, HAYN is paying slightly less dividend.
| Industry Rank | Sector 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 their dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)0.12%
Div Incr Years0
Div Non Decr Years14
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%
60.99
+0.02 (+0.03%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)
Earnings (Next)
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 Rank | Sector 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 Rank | Sector 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 Rank | Sector 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 Rank | Sector 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 FAQ
Can you provide the ChartMill fundamental rating for HAYNES INTERNATIONAL INC?
ChartMill assigns a fundamental rating of 5 / 10 to HAYN.
Can you provide the valuation status for HAYNES INTERNATIONAL INC?
ChartMill assigns a valuation rating of 4 / 10 to HAYNES INTERNATIONAL INC (HAYN). This can be considered as Fairly Valued.
How profitable is HAYNES INTERNATIONAL INC (HAYN) stock?
HAYNES INTERNATIONAL INC (HAYN) has a profitability rating of 5 / 10.
What is the valuation of HAYNES INTERNATIONAL INC based on its PE and PB ratios?
The Price/Earnings (PE) ratio for HAYNES INTERNATIONAL INC (HAYN) is 20.96 and the Price/Book (PB) ratio is 1.73.
Is the dividend of HAYNES INTERNATIONAL INC sustainable?
The dividend rating of HAYNES INTERNATIONAL INC (HAYN) is 6 / 10 and the dividend payout ratio is 30.2%.