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 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
In the past year HAYN was profitable.
In the past year HAYN had a positive cash flow from operations.
The reported net income has been mixed in the past 5 years: HAYN reported negative net income in multiple years.
The reported operating cash flow has been mixed in the past 5 years: HAYN reported negative operating cash flow in multiple years.
1.2 Ratios
The Return On Assets of HAYN (5.47%) is better than 75.80% of its industry peers.
HAYN has a Return On Equity of 8.29%. This is in the better half of the industry: HAYN outperforms 73.89% of its industry peers.
HAYN has a better Return On Invested Capital (6.62%) 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
HAYN has a better Profit Margin (6.10%) 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.
HAYN's Operating Margin has improved in the last couple of years.
HAYN's Gross Margin of 17.43% is in line compared to the rest of the industry. HAYN outperforms 52.87% of 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.
The debt/assets ratio for HAYN is higher compared to a year ago.
2.2 Solvency
HAYN has an Altman-Z score of 4.30. This indicates that HAYN is financially healthy and has little risk of bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 4.30, HAYN is in the better half of the industry, outperforming 67.52% of the companies in the same industry.
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.
Looking at the Debt to FCF ratio, with a value of 4.86, HAYN is in the better half of 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.
With a Debt to Equity ratio value of 0.22, HAYN perfoms like the industry average, 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.
Looking at the Current ratio, with a value of 7.74, HAYN belongs to the top 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.
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
HAYN shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -18.03%.
HAYN shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 122.47% yearly.
The Revenue has been growing slightly by 7.18% in the past 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
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
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
A Price/Earnings ratio of 20.96 indicates a rather expensive valuation of HAYN.
Based on the Price/Earnings ratio, HAYN is valued a bit cheaper than the industry average as 66.88% of the companies are valued more expensively.
When comparing the Price/Earnings ratio of HAYN to the average of the S&P500 Index (26.19), we can say HAYN is valued inline with the index average.
A Price/Forward Earnings ratio of 16.77 indicates a correct valuation of HAYN.
HAYN's Price/Forward Earnings ratio is in line with the industry average.
When comparing the Price/Forward Earnings ratio of HAYN to the average of the S&P500 Index (22.50), we can say HAYN is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 20.96 | ||
| Fwd PE | 16.77 |
4.2 Price Multiples
HAYN's Enterprise Value to EBITDA is on the same level as 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
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%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 1.44%, HAYN has a reasonable but not impressive dividend return.
HAYN's Dividend Yield is a higher than the industry average which is at 2.52.
Compared to the average S&P500 Dividend Yield of 2.33, 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 paid a dividend for at least 10 years, which is 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%.