HAYWARD HOLDINGS INC (HAYW) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:HAYW - US4212981009 - Common Stock
15.8 USD
+0.25 (+1.61%)
15.8 USD
0 (0%)
We assign a fundamental rating of 5 out of 10 to HAYW. HAYW was compared to 41 industry peers in the Building Products industry. HAYW has an average financial health and profitability rating. HAYW has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
In the past year HAYW was profitable.
HAYW had a positive operating cash flow in the past year.
Each year in the past 5 years HAYW has been profitable.
HAYW had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
HAYW has a Return On Assets of 4.54%. This is comparable 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.
Looking at the Return On Invested Capital, with a value of 6.73%, HAYW is doing worse than 63.41% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for HAYW is significantly below the industry average of 12.49%.
| 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 65.85% of its industry peers.
HAYW's Profit Margin has improved in the last couple of years.
The Operating Margin of HAYW (20.93%) is better than 90.24% of its industry peers.
HAYW's Operating Margin has improved in the last couple of years.
HAYW's Gross Margin of 51.31% is amongst the best of the industry. HAYW outperforms 100.00% of its industry peers.
In the last couple of years the Gross Margin of HAYW has grown nicely.
| 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
HAYW has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
HAYW has more shares outstanding than it did 1 year ago.
Compared to 5 years ago, HAYW has less shares outstanding
HAYW has a better debt/assets ratio than last year.
2.2 Solvency
HAYW has an Altman-Z score of 2.54. 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.
With a Altman-Z score value of 2.54, HAYW is not doing good in the industry: 68.29% of the companies in the same industry are doing better.
The Debt to FCF ratio of HAYW is 5.03, which is a neutral value as it means it would take HAYW, 5.03 years of fcf income to pay off all of its debts.
HAYW has a Debt to FCF ratio (5.03) which is comparable to the rest of the industry.
HAYW has a Debt/Equity ratio of 0.62. This is a neutral value indicating HAYW is somewhat dependend on debt financing.
HAYW has a Debt to Equity ratio (0.62) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.62 | ||
| Debt/FCF | 5.03 | ||
| Altman-Z | 2.54 |
ROIC/WACC0.7
WACC9.65%
2.3 Liquidity
A Current Ratio of 3.18 indicates that HAYW has no problem at all paying its short term obligations.
With an excellent Current ratio value of 3.18, HAYW belongs to the best of the industry, outperforming 80.49% 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.
With an excellent Quick ratio value of 2.31, HAYW belongs to the best of the industry, outperforming 85.37% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 3.18 | ||
| Quick Ratio | 2.31 |
3. Growth
3.1 Past
HAYW shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 25.00%, which is quite impressive.
Measured over the past years, HAYW shows a very strong growth in Earnings Per Share. The EPS has been growing by 68.04% on average per year.
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
HAYW is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 11.46% yearly.
HAYW is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 6.97% yearly.
EPS Next Y15.3%
EPS Next 2Y13.97%
EPS Next 3Y13.99%
EPS Next 5Y11.46%
Revenue Next Year7.06%
Revenue Next 2Y6.29%
Revenue Next 3Y6.5%
Revenue Next 5Y6.97%
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.
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
A Price/Earnings ratio of 21.07 indicates a rather expensive valuation of HAYW.
Compared to the rest of the industry, the Price/Earnings ratio of HAYW indicates a slightly more expensive valuation: HAYW is more expensive than 60.98% of the companies listed in the same industry.
When comparing the Price/Earnings ratio of HAYW to the average of the S&P500 Index (25.47), we can say HAYW is valued inline with the index average.
With a Price/Forward Earnings ratio of 18.15, HAYW is valued on the expensive side.
The rest of the industry has a similar Price/Forward Earnings ratio as HAYW.
When comparing the Price/Forward Earnings ratio of HAYW to the average of the S&P500 Index (34.42), we can say HAYW is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 21.07 | ||
| Fwd PE | 18.15 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of HAYW is on the same level as its industry peers.
HAYW's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. HAYW is cheaper than 70.73% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 17.91 | ||
| EV/EBITDA | 13.38 |
4.3 Compensation for Growth
The 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)1.38
PEG (5Y)0.31
EPS Next 2Y13.97%
EPS Next 3Y13.99%
5. Dividend
5.1 Amount
HAYW does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
15.8
+0.25 (+1.61%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryBuilding Products
Earnings (Last)
Earnings (Next)
Inst Owners97.93%
Inst Owner Change3.45%
Ins Owners2.18%
Ins Owner Change0.08%
Market Cap3.42B
Revenue(TTM)1.10B
Net Income(TTM)137.89M
Analysts73.33
Price Target18.56 (17.47%)
Short Float %4.68%
Short Ratio4.39
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)8.33%
PT rev (3m)8.98%
EPS NQ rev (1m)1.04%
EPS NQ rev (3m)1.04%
EPS NY rev (1m)3.7%
EPS NY rev (3m)3.7%
Revenue NQ rev (1m)0.52%
Revenue NQ rev (3m)0.79%
Revenue NY rev (1m)0.81%
Revenue NY rev (3m)0.9%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 21.07 | ||
| Fwd PE | 18.15 | ||
| P/S | 3.11 | ||
| P/FCF | 17.91 | ||
| P/OCF | 15.61 | ||
| P/B | 2.25 | ||
| P/tB | N/A | ||
| EV/EBITDA | 13.38 |
EPS(TTM)0.75
EY4.75%
EPS(NY)0.87
Fwd EY5.51%
FCF(TTM)0.88
FCFY5.58%
OCF(TTM)1.01
OCFY6.4%
SpS5.08
BVpS7.03
TBVpS-2.01
PEG (NY)1.38
PEG (5Y)0.31
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 | 2.54 |
F-Score8
WACC9.65%
ROIC/WACC0.7
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 5Y11.46%
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 5Y6.97%
EBIT growth 1Y17.75%
EBIT growth 3Y-13.54%
EBIT growth 5Y21.17%
EBIT Next Year35.47%
EBIT Next 3Y17.51%
EBIT Next 5Y14.24%
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 21.07 and the Price/Book (PB) ratio is 2.25.