60.99 USD
+0.02 (+0.03%)
60.99 USD
0 (0%)
We assign a fundamental rating of 5 out of 10 to HAYN. HAYN was compared to 156 industry peers in the Metals & Mining industry. HAYN has only an average score on both its financial health and profitability. HAYN has a correct valuation and a medium growth rate.
1. Profitability
1.1 Basic Checks
HAYN had positive earnings in the past year.
HAYN had a positive operating cash flow in the past year.
The reported net income has been mixed in the past 5 years: HAYN reported negative net income in multiple years.
In multiple years HAYN reported negative operating cash flow during the last 5 years.
1.2 Ratios
HAYN has a Return On Assets of 5.47%. This is in the better half of the industry: HAYN outperforms 75.80% of its industry peers.
With a decent Return On Equity value of 8.29%, HAYN is doing good in the industry, outperforming 73.89% of the companies in the same industry.
The Return On Invested Capital of HAYN (6.62%) is better than 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
The Profit Margin of HAYN (6.10%) is better than 74.52% of its industry peers.
With a decent Operating Margin value of 8.38%, HAYN is doing good in the industry, outperforming 62.42% of the companies in the same industry.
In the last couple of years the Operating Margin of HAYN has grown nicely.
The Gross Margin of HAYN (17.43%) is comparable to the rest of the industry.
HAYN's Gross Margin has improved in the last couple of years.
| 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
HAYN has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it 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.
Compared to 1 year ago, HAYN has a worse debt to assets ratio.
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 better Altman-Z score (4.30) than 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.
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.
HAYN has a Debt to Equity ratio (0.22) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.22 | ||
| Debt/FCF | 4.86 | ||
| Altman-Z | 4.3 |
ROIC/WACC0.58
WACC11.32%
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.
With an excellent Current ratio value of 7.74, HAYN belongs to the best of the industry, outperforming 85.99% of the companies in the same industry.
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.
HAYN's Quick ratio of 1.89 is in line compared to the rest of the industry. HAYN outperforms 59.24% of its industry peers.
| 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.
HAYN shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 122.47% yearly.
Looking at the last year, HAYN shows a small growth in Revenue. The Revenue has grown by 7.18% in the last year.
HAYN shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 6.27% yearly.
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
The Earnings Per Share is expected to grow by 12.46% on average over the next years. This is quite good.
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
Although the future EPS growth is still strong, it is not able to hold up the even more excellent growth rate of 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.
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 is valuated rather cheaply when we compare the Price/Earnings ratio to 26.57, which is the current average of the S&P500 Index.
HAYN is valuated correctly with a Price/Forward Earnings ratio of 16.77.
HAYN's Price/Forward Earnings is on the same level as the industry average.
When comparing the Price/Forward Earnings ratio of HAYN to the average of the S&P500 Index (24.04), we can say HAYN is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 20.96 | ||
| Fwd PE | 16.77 |
4.2 Price Multiples
The rest of the industry has a similar Enterprise Value to EBITDA ratio as HAYN.
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 1.01, HAYN pays a bit more dividend than its industry peers.
HAYN's Dividend Yield is slightly below the S&P500 average, which is at 2.00.
| 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 paid a dividend for at least 10 years, which is 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
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%.