HEXCEL CORP (HXL) Stock Fundamental Analysis
NYSE:HXL - US4282911084 - Common Stock
64.88 USD
+0.74 (+1.15%)
64.88 USD
0 (0%)
Overall HXL gets a fundamental rating of 5 out of 10. We evaluated HXL against 69 industry peers in the Aerospace & Defense industry. HXL has only an average score on both its financial health and profitability. HXL has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
In the past year HXL was profitable.
In the past year HXL had a positive cash flow from operations.
HXL had positive earnings in each of the past 5 years.
In the past 5 years HXL always reported a positive cash flow from operatings.
1.2 Ratios
HXL's Return On Assets of 3.09% is in line compared to the rest of the industry. HXL outperforms 52.17% of its industry peers.
Looking at the Return On Equity, with a value of 5.66%, HXL is in line with its industry, outperforming 55.07% of the companies in the same industry.
HXL has a better Return On Invested Capital (7.22%) than 68.12% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for HXL is in line with the industry average of 8.22%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.09% | ||
| ROE | 5.66% | ||
| ROIC | 7.22% |
ROA(3y)4.31%
ROA(5y)2.92%
ROE(3y)7.64%
ROE(5y)5.22%
ROIC(3y)7.41%
ROIC(5y)5.38%
1.3 Margins
HXL's Profit Margin of 4.69% is in line compared to the rest of the industry. HXL outperforms 53.62% of its industry peers.
HXL's Profit Margin has declined in the last couple of years.
With a decent Operating Margin value of 11.16%, HXL is doing good in the industry, outperforming 72.46% of the companies in the same industry.
In the last couple of years the Operating Margin of HXL has declined.
HXL has a Gross Margin (23.39%) which is comparable to the rest of the industry.
In the last couple of years the Gross Margin of HXL has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 11.16% | ||
| PM (TTM) | 4.69% | ||
| GM | 23.39% |
OM growth 3Y32.53%
OM growth 5Y-7.22%
PM growth 3Y78.75%
PM growth 5Y-11.81%
GM growth 3Y9.35%
GM growth 5Y-1.91%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), HXL is destroying value.
HXL has less shares outstanding than it did 1 year ago.
HXL has less shares outstanding than it did 5 years ago.
HXL has a worse debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 4.62 indicates that HXL is not in any danger for bankruptcy at the moment.
HXL's Altman-Z score of 4.62 is fine compared to the rest of the industry. HXL outperforms 60.87% of its industry peers.
The Debt to FCF ratio of HXL is 4.86, which is a neutral value as it means it would take HXL, 4.86 years of fcf income to pay off all of its debts.
HXL has a better Debt to FCF ratio (4.86) than 73.91% of its industry peers.
HXL has a Debt/Equity ratio of 0.53. This is a neutral value indicating HXL is somewhat dependend on debt financing.
HXL has a Debt to Equity ratio of 0.53. This is comparable to the rest of the industry: HXL outperforms 52.17% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.53 | ||
| Debt/FCF | 4.86 | ||
| Altman-Z | 4.62 |
ROIC/WACC0.75
WACC9.58%
2.3 Liquidity
HXL has a Current Ratio of 2.69. This indicates that HXL is financially healthy and has no problem in meeting its short term obligations.
HXL's Current ratio of 2.69 is in line compared to the rest of the industry. HXL outperforms 57.97% of its industry peers.
A Quick Ratio of 1.50 indicates that HXL should not have too much problems paying its short term obligations.
Looking at the Quick ratio, with a value of 1.50, HXL is in line with its industry, outperforming 56.52% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.69 | ||
| Quick Ratio | 1.5 |
3. Growth
3.1 Past
HXL shows a small growth in Earnings Per Share. In the last year, the EPS has grown by 0.54%.
The earnings per share for HXL have been decreasing by -10.53% on average. This is quite bad
HXL shows a small growth in Revenue. In the last year, the Revenue has grown by 1.46%.
Measured over the past years, HXL shows a decrease in Revenue. The Revenue has been decreasing by -4.18% on average per year.
EPS 1Y (TTM)0.54%
EPS 3Y95.9%
EPS 5Y-10.53%
EPS Q2Q%-16.67%
Revenue 1Y (TTM)1.46%
Revenue growth 3Y12.83%
Revenue growth 5Y-4.18%
Sales Q2Q%-2.1%
3.2 Future
The Earnings Per Share is expected to grow by 18.11% on average over the next years. This is quite good.
HXL is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 7.82% yearly.
EPS Next Y-5.91%
EPS Next 2Y11.26%
EPS Next 3Y16.7%
EPS Next 5Y18.11%
Revenue Next Year0.73%
Revenue Next 2Y5.46%
Revenue Next 3Y6.79%
Revenue Next 5Y7.82%
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 34.88 indicates a quite expensive valuation of HXL.
Based on the Price/Earnings ratio, HXL is valued a bit cheaper than the industry average as 68.12% of the companies are valued more expensively.
The average S&P500 Price/Earnings ratio is at 27.06. HXL is valued slightly more expensive when compared to this.
HXL is valuated quite expensively with a Price/Forward Earnings ratio of 25.82.
Based on the Price/Forward Earnings ratio, HXL is valued a bit cheaper than the industry average as 66.67% of the companies are valued more expensively.
Compared to an average S&P500 Price/Forward Earnings ratio of 22.69, HXL is valued at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 34.88 | ||
| Fwd PE | 25.82 |
4.2 Price Multiples
HXL's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. HXL is cheaper than 69.57% of the companies in the same industry.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of HXL indicates a rather cheap valuation: HXL is cheaper than 84.06% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 30.24 | ||
| EV/EBITDA | 17.63 |
4.3 Compensation for Growth
HXL's earnings are expected to grow with 16.70% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y11.26%
EPS Next 3Y16.7%
5. Dividend
5.1 Amount
HXL has a Yearly Dividend Yield of 1.06%. Purely for dividend investing, there may be better candidates out there.
HXL's Dividend Yield is rather good when compared to the industry average which is at 1.64. HXL pays more dividend than 85.51% of the companies in the same industry.
Compared to an average S&P500 Dividend Yield of 2.32, HXL's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.06% |
5.2 History
The dividend of HXL decreases each year by -1.49%.
HXL has paid a dividend for at least 10 years, which is a reliable track record.
HXL has decreased its dividend in the last 3 years.
Dividend Growth(5Y)-1.49%
Div Incr Years2
Div Non Decr Years2
5.3 Sustainability
58.86% of the earnings are spent on dividend by HXL. This is a bit on the high side, but may be sustainable.
DP58.86%
EPS Next 2Y11.26%
EPS Next 3Y16.7%
64.88
+0.74 (+1.15%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryAerospace & Defense
Earnings (Last)
Earnings (Next)
Inst Owners104.32%
Inst Owner Change-1.31%
Ins Owners0.25%
Ins Owner Change0.36%
Market Cap5.16B
Analysts66.09
Price Target65.04 (0.25%)
Short Float %6.04%
Short Ratio4.43
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.06% |
Yearly Dividend0.6
Dividend Growth(5Y)-1.49%
DP58.86%
Div Incr Years2
Div Non Decr Years2
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-3.94%
Min EPS beat(2)-14.27%
Max EPS beat(2)6.38%
EPS beat(4)3
Avg EPS beat(4)-1.07%
Min EPS beat(4)-14.27%
Max EPS beat(4)6.38%
EPS beat(8)5
Avg EPS beat(8)-2.44%
EPS beat(12)8
Avg EPS beat(12)2.77%
EPS beat(16)12
Avg EPS beat(16)10.13%
Revenue beat(2)1
Avg Revenue beat(2)-1.51%
Min Revenue beat(2)-4.99%
Max Revenue beat(2)1.98%
Revenue beat(4)1
Avg Revenue beat(4)-1.17%
Min Revenue beat(4)-4.99%
Max Revenue beat(4)1.98%
Revenue beat(8)2
Avg Revenue beat(8)-1.27%
Revenue beat(12)5
Avg Revenue beat(12)-0.7%
Revenue beat(16)6
Avg Revenue beat(16)-0.66%
PT rev (1m)6.44%
PT rev (3m)10.53%
EPS NQ rev (1m)-5.76%
EPS NQ rev (3m)-24.56%
EPS NY rev (1m)1.45%
EPS NY rev (3m)-0.34%
Revenue NQ rev (1m)-1.06%
Revenue NQ rev (3m)-7.07%
Revenue NY rev (1m)0.26%
Revenue NY rev (3m)0%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 34.88 | ||
| Fwd PE | 25.82 | ||
| P/S | 2.75 | ||
| P/FCF | 30.24 | ||
| P/OCF | 20.86 | ||
| P/B | 3.32 | ||
| P/tB | 3.94 | ||
| EV/EBITDA | 17.63 |
EPS(TTM)1.86
EY2.87%
EPS(NY)2.51
Fwd EY3.87%
FCF(TTM)2.15
FCFY3.31%
OCF(TTM)3.11
OCFY4.79%
SpS23.59
BVpS19.53
TBVpS16.47
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.09% | ||
| ROE | 5.66% | ||
| ROCE | 8.29% | ||
| ROIC | 7.22% | ||
| ROICexc | 7.45% | ||
| ROICexgc | 8.27% | ||
| OM | 11.16% | ||
| PM (TTM) | 4.69% | ||
| GM | 23.39% | ||
| FCFM | 9.1% |
ROA(3y)4.31%
ROA(5y)2.92%
ROE(3y)7.64%
ROE(5y)5.22%
ROIC(3y)7.41%
ROIC(5y)5.38%
ROICexc(3y)7.9%
ROICexc(5y)5.72%
ROICexgc(3y)8.84%
ROICexgc(5y)6.4%
ROCE(3y)8.51%
ROCE(5y)6.18%
ROICexcg growth 3Y53.57%
ROICexcg growth 5Y-7.42%
ROICexc growth 3Y53.8%
ROICexc growth 5Y-7.49%
OM growth 3Y32.53%
OM growth 5Y-7.22%
PM growth 3Y78.75%
PM growth 5Y-11.81%
GM growth 3Y9.35%
GM growth 5Y-1.91%
F-Score5
Asset Turnover0.66
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.53 | ||
| Debt/FCF | 4.86 | ||
| Debt/EBITDA | 2.5 | ||
| Cap/Depr | 62.64% | ||
| Cap/Sales | 4.09% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 74.53% | ||
| Profit Quality | 193.98% | ||
| Current Ratio | 2.69 | ||
| Quick Ratio | 1.5 | ||
| Altman-Z | 4.62 |
F-Score5
WACC9.58%
ROIC/WACC0.75
Cap/Depr(3y)72.44%
Cap/Depr(5y)54.69%
Cap/Sales(3y)5.15%
Cap/Sales(5y)4.19%
Profit Quality(3y)123.7%
Profit Quality(5y)362.84%
High Growth Momentum
Growth
EPS 1Y (TTM)0.54%
EPS 3Y95.9%
EPS 5Y-10.53%
EPS Q2Q%-16.67%
EPS Next Y-5.91%
EPS Next 2Y11.26%
EPS Next 3Y16.7%
EPS Next 5Y18.11%
Revenue 1Y (TTM)1.46%
Revenue growth 3Y12.83%
Revenue growth 5Y-4.18%
Sales Q2Q%-2.1%
Revenue Next Year0.73%
Revenue Next 2Y5.46%
Revenue Next 3Y6.79%
Revenue Next 5Y7.82%
EBIT growth 1Y-3.63%
EBIT growth 3Y49.54%
EBIT growth 5Y-11.1%
EBIT Next Year45.37%
EBIT Next 3Y27.3%
EBIT Next 5Y22.64%
FCF growth 1Y138.07%
FCF growth 3Y17.9%
FCF growth 5Y-6.7%
OCF growth 1Y33.86%
OCF growth 3Y24.1%
OCF growth 5Y-10.01%