HAYWARD HOLDINGS INC (HAYW) Stock Fundamental Analysis
USA - NYSE:HAYW - US4212981009 - Common Stock
16.97 USD
-0.25 (-1.45%)
17 USD
+0.03 (+0.18%)
Taking everything into account, HAYW scores 5 out of 10 in our fundamental rating. HAYW was compared to 41 industry peers in the Building Products industry. HAYW has only an average score on both its financial health and profitability. HAYW has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
HAYW had positive earnings in the past year.
HAYW had a positive operating cash flow in the past year.
In the past 5 years HAYW has always been profitable.
In the past 5 years HAYW always reported a positive cash flow from operatings.
1.2 Ratios
HAYW's Return On Assets of 4.54% is in line compared to the rest of the industry. HAYW outperforms 41.46% of its industry peers.
HAYW has a Return On Equity (9.06%) which is comparable to the rest of the industry.
HAYW has a Return On Invested Capital of 6.73%. This is in the lower half of the industry: HAYW underperforms 65.85% of its industry peers.
HAYW had an Average Return On Invested Capital over the past 3 years of 7.09%. This is significantly below the industry average of 12.58%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.54% | ||
| ROE | 9.06% | ||
| ROIC | 6.73% |
ROA(3y)4.31%
ROA(5y)3.71%
ROE(3y)9.72%
ROE(5y)8.63%
ROIC(3y)7.09%
ROIC(5y)7.25%
1.3 Margins
HAYW's Profit Margin of 12.54% is fine compared to the rest of the industry. HAYW outperforms 68.29% of its industry peers.
In the last couple of years the Profit Margin of HAYW has grown nicely.
The Operating Margin of HAYW (20.93%) is better than 87.80% of its industry peers.
In the last couple of years the Operating Margin of HAYW has grown nicely.
The Gross Margin of HAYW (51.31%) is better than 100.00% of its industry peers.
HAYW's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 20.93% | ||
| PM (TTM) | 12.54% | ||
| GM | 51.31% |
OM growth 3Y-4.84%
OM growth 5Y12.75%
PM growth 3Y10.23%
PM growth 5Y57.64%
GM growth 3Y2.56%
GM growth 5Y2.73%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so HAYW is destroying value.
Compared to 1 year ago, HAYW has more shares outstanding
The number of shares outstanding for HAYW has been reduced compared to 5 years ago.
HAYW has a better debt/assets ratio than last year.
2.2 Solvency
HAYW has an Altman-Z score of 2.66. This is not the best score and indicates that HAYW is in the grey zone with still only limited risk for bankruptcy at the moment.
The Altman-Z score of HAYW (2.66) is worse than 70.73% of its industry peers.
HAYW has a debt to FCF ratio of 5.03. This is a neutral value as HAYW would need 5.03 years to pay back of all of its debts.
HAYW's Debt to FCF ratio of 5.03 is in line compared to the rest of the industry. HAYW outperforms 46.34% of its industry peers.
A Debt/Equity ratio of 0.62 indicates that HAYW is somewhat dependend on debt financing.
With a Debt to Equity ratio value of 0.62, HAYW perfoms like the industry average, outperforming 48.78% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.62 | ||
| Debt/FCF | 5.03 | ||
| Altman-Z | 2.66 |
ROIC/WACC0.72
WACC9.32%
2.3 Liquidity
A Current Ratio of 3.18 indicates that HAYW has no problem at all paying its short term obligations.
Looking at the Current ratio, with a value of 3.18, HAYW belongs to the top of the industry, outperforming 82.93% of the companies in the same industry.
HAYW has a Quick Ratio of 2.31. This indicates that HAYW is financially healthy and has no problem in meeting its short term obligations.
Looking at the Quick ratio, with a value of 2.31, HAYW belongs to the top of the industry, outperforming 92.68% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 3.18 | ||
| Quick Ratio | 2.31 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 25.00% over the past year.
The Earnings Per Share has been growing by 68.04% on average over the past years. This is a very strong growth
HAYW shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 9.66%.
Measured over the past years, HAYW shows a small growth in Revenue. The Revenue has been growing by 7.47% on average per year.
EPS 1Y (TTM)25%
EPS 3Y-15.49%
EPS 5Y68.04%
EPS Q2Q%27.27%
Revenue 1Y (TTM)9.66%
Revenue growth 3Y-9.14%
Revenue growth 5Y7.47%
Sales Q2Q%7.37%
3.2 Future
Based on estimates for the next years, HAYW will show a quite strong growth in Earnings Per Share. The EPS will grow by 11.06% on average per year.
HAYW is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 6.59% yearly.
EPS Next Y15.3%
EPS Next 2Y13.97%
EPS Next 3Y13.99%
EPS Next 5Y11.06%
Revenue Next Year7.06%
Revenue Next 2Y6.29%
Revenue Next 3Y6.5%
Revenue Next 5Y6.59%
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 stable: in the next years the growth will be about the same than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 22.63, which indicates a rather expensive current valuation of HAYW.
The rest of the industry has a similar Price/Earnings ratio as HAYW.
When comparing the Price/Earnings ratio of HAYW to the average of the S&P500 Index (26.11), we can say HAYW is valued inline with the index average.
The Price/Forward Earnings ratio is 19.50, which indicates a rather expensive current valuation of HAYW.
HAYW's Price/Forward Earnings ratio is in line with the industry average.
When comparing the Price/Forward Earnings ratio of HAYW to the average of the S&P500 Index (22.55), we can say HAYW is valued inline with the index average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 22.63 | ||
| Fwd PE | 19.5 |
4.2 Price Multiples
HAYW's Enterprise Value to EBITDA is on the same level as the industry average.
68.29% of the companies in the same industry are more expensive than HAYW, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 19.24 | ||
| EV/EBITDA | 14.45 |
4.3 Compensation for Growth
HAYW's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
The decent profitability rating of HAYW may justify a higher PE ratio.
HAYW's earnings are expected to grow with 13.99% in the coming years. This may justify a more expensive valuation.
PEG (NY)1.48
PEG (5Y)0.33
EPS Next 2Y13.97%
EPS Next 3Y13.99%
5. Dividend
5.1 Amount
No dividends for HAYW!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
16.97
-0.25 (-1.45%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryBuilding Products
Earnings (Last)
Earnings (Next)
Inst Owners97.93%
Inst Owner Change-0.42%
Ins Owners2.18%
Ins Owner Change0.48%
Market Cap3.68B
Revenue(TTM)1.10B
Net Income(TTM)137.89M
Analysts73.33
Price Target17.14 (1%)
Short Float %5.51%
Short Ratio5.52
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)10.09%
Min EPS beat(2)4.84%
Max EPS beat(2)15.34%
EPS beat(4)4
Avg EPS beat(4)11.83%
Min EPS beat(4)4.84%
Max EPS beat(4)15.34%
EPS beat(8)7
Avg EPS beat(8)8.68%
EPS beat(12)10
Avg EPS beat(12)9.05%
EPS beat(16)12
Avg EPS beat(16)5.94%
Revenue beat(2)2
Avg Revenue beat(2)2.03%
Min Revenue beat(2)0.9%
Max Revenue beat(2)3.17%
Revenue beat(4)4
Avg Revenue beat(4)3.67%
Min Revenue beat(4)0.9%
Max Revenue beat(4)5.91%
Revenue beat(8)6
Avg Revenue beat(8)1.69%
Revenue beat(12)9
Avg Revenue beat(12)1.41%
Revenue beat(16)11
Avg Revenue beat(16)0.94%
PT rev (1m)0%
PT rev (3m)6.67%
EPS NQ rev (1m)0%
EPS NQ rev (3m)1.1%
EPS NY rev (1m)0%
EPS NY rev (3m)1.62%
Revenue NQ rev (1m)0.03%
Revenue NQ rev (3m)0.04%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.54%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 22.63 | ||
| Fwd PE | 19.5 | ||
| P/S | 3.34 | ||
| P/FCF | 19.24 | ||
| P/OCF | 16.77 | ||
| P/B | 2.42 | ||
| P/tB | N/A | ||
| EV/EBITDA | 14.45 |
EPS(TTM)0.75
EY4.42%
EPS(NY)0.87
Fwd EY5.13%
FCF(TTM)0.88
FCFY5.2%
OCF(TTM)1.01
OCFY5.96%
SpS5.08
BVpS7.03
TBVpS-2.01
PEG (NY)1.48
PEG (5Y)0.33
Graham Number10.89
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.54% | ||
| ROE | 9.06% | ||
| ROCE | 8.3% | ||
| ROIC | 6.73% | ||
| ROICexc | 8.03% | ||
| ROICexgc | 50.8% | ||
| OM | 20.93% | ||
| PM (TTM) | 12.54% | ||
| GM | 51.31% | ||
| FCFM | 17.38% |
ROA(3y)4.31%
ROA(5y)3.71%
ROE(3y)9.72%
ROE(5y)8.63%
ROIC(3y)7.09%
ROIC(5y)7.25%
ROICexc(3y)7.48%
ROICexc(5y)7.76%
ROICexgc(3y)34.83%
ROICexgc(5y)44.06%
ROCE(3y)8.75%
ROCE(5y)8.94%
ROICexgc growth 3Y-20.05%
ROICexgc growth 5Y12.21%
ROICexc growth 3Y-14.41%
ROICexc growth 5Y20.5%
OM growth 3Y-4.84%
OM growth 5Y12.75%
PM growth 3Y10.23%
PM growth 5Y57.64%
GM growth 3Y2.56%
GM growth 5Y2.73%
F-Score8
Asset Turnover0.36
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.62 | ||
| Debt/FCF | 5.03 | ||
| Debt/EBITDA | 3.28 | ||
| Cap/Depr | 48.13% | ||
| Cap/Sales | 2.56% | ||
| Interest Coverage | 3.81 | ||
| Cash Conversion | 75.97% | ||
| Profit Quality | 138.62% | ||
| Current Ratio | 3.18 | ||
| Quick Ratio | 2.31 | ||
| Altman-Z | 2.66 |
F-Score8
WACC9.32%
ROIC/WACC0.72
Cap/Depr(3y)51.09%
Cap/Depr(5y)45%
Cap/Sales(3y)2.56%
Cap/Sales(5y)2.28%
Profit Quality(3y)132.23%
Profit Quality(5y)198.37%
High Growth Momentum
Growth
EPS 1Y (TTM)25%
EPS 3Y-15.49%
EPS 5Y68.04%
EPS Q2Q%27.27%
EPS Next Y15.3%
EPS Next 2Y13.97%
EPS Next 3Y13.99%
EPS Next 5Y11.06%
Revenue 1Y (TTM)9.66%
Revenue growth 3Y-9.14%
Revenue growth 5Y7.47%
Sales Q2Q%7.37%
Revenue Next Year7.06%
Revenue Next 2Y6.29%
Revenue Next 3Y6.5%
Revenue Next 5Y6.59%
EBIT growth 1Y17.75%
EBIT growth 3Y-13.54%
EBIT growth 5Y21.17%
EBIT Next Year35.47%
EBIT Next 3Y17.51%
EBIT Next 5Y13.81%
FCF growth 1Y19.17%
FCF growth 3Y4.98%
FCF growth 5Y22.78%
OCF growth 1Y15.96%
OCF growth 3Y3.84%
OCF growth 5Y17.67%
HAYWARD HOLDINGS INC / HAYW FAQ
Can you provide the ChartMill fundamental rating for HAYWARD HOLDINGS INC?
ChartMill assigns a fundamental rating of 5 / 10 to HAYW.
What is the valuation status for HAYW stock?
ChartMill assigns a valuation rating of 4 / 10 to HAYWARD HOLDINGS INC (HAYW). This can be considered as Fairly Valued.
What is the profitability of HAYW stock?
HAYWARD HOLDINGS INC (HAYW) has a profitability rating of 6 / 10.
Can you provide the PE and PB ratios for HAYW stock?
The Price/Earnings (PE) ratio for HAYWARD HOLDINGS INC (HAYW) is 22.63 and the Price/Book (PB) ratio is 2.42.