WHIRLPOOL CORP (WHR) Stock Fundamental Analysis
NYSE:WHR - New York Stock Exchange, Inc. - US9633201069 - Common Stock - Currency: USD
Overall WHR gets a fundamental rating of 3 out of 10. We evaluated WHR against 63 industry peers in the Household Durables industry. WHR has a bad profitability rating. Also its financial health evaluation is rather negative. WHR has a valuation in line with the averages, but on the other hand it scores bad on growth. Finally WHR also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
In the past year WHR was profitable.
In the past year WHR had a positive cash flow from operations.
The reported net income has been mixed in the past 5 years: WHR reported negative net income in multiple years.
WHR had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
WHR's Return On Assets of 0.04% is on the low side compared to the rest of the industry. WHR is outperformed by 60.32% of its industry peers.
WHR has a worse Return On Equity (0.27%) than 60.32% of its industry peers.
WHR has a Return On Invested Capital of 8.37%. This is comparable to the rest of the industry: WHR outperforms 55.56% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for WHR is in line with the industry average of 10.51%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.04% | ||
| ROE | 0.27% | ||
| ROIC | 8.37% |
ROA(3y)-2.69%
ROA(5y)1.2%
ROE(3y)-18.9%
ROE(5y)1.58%
ROIC(3y)9.41%
ROIC(5y)11.76%
1.3 Margins
With a Profit Margin value of 0.04%, WHR is not doing good in the industry: 60.32% of the companies in the same industry are doing better.
WHR has a Operating Margin of 5.86%. This is comparable to the rest of the industry: WHR outperforms 41.27% of its industry peers.
WHR's Operating Margin has declined in the last couple of years.
With a Gross Margin value of 16.18%, WHR is not doing good in the industry: 88.89% of the companies in the same industry are doing better.
In the last couple of years the Gross Margin of WHR has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 5.86% | ||
| PM (TTM) | 0.04% | ||
| GM | 16.18% |
OM growth 3Y-19.61%
OM growth 5Y-3.6%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-8.15%
GM growth 5Y-2.12%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so WHR is still creating some value.
Compared to 1 year ago, WHR has about the same amount of shares outstanding.
The number of shares outstanding for WHR has been reduced compared to 5 years ago.
Compared to 1 year ago, WHR has an improved debt to assets ratio.
2.2 Solvency
Based on the Altman-Z score of 1.33, we must say that WHR is in the distress zone and has some risk of bankruptcy.
WHR has a Altman-Z score of 1.33. This is in the lower half of the industry: WHR underperforms 73.02% of its industry peers.
WHR has a debt to FCF ratio of 10.02. This is a negative value and a sign of low solvency as WHR would need 10.02 years to pay back of all of its debts.
WHR has a Debt to FCF ratio (10.02) which is in line with its industry peers.
A Debt/Equity ratio of 2.12 is on the high side and indicates that WHR has dependencies on debt financing.
The Debt to Equity ratio of WHR (2.12) is worse than 92.06% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.12 | ||
| Debt/FCF | 10.02 | ||
| Altman-Z | 1.33 |
ROIC/WACC0.99
WACC8.48%
2.3 Liquidity
WHR has a Current Ratio of 0.72. This is a bad value and indicates that WHR is not financially healthy enough and could expect problems in meeting its short term obligations.
WHR has a worse Current ratio (0.72) than 93.65% of its industry peers.
WHR has a Quick Ratio of 0.72. This is a bad value and indicates that WHR is not financially healthy enough and could expect problems in meeting its short term obligations.
WHR has a Quick ratio of 0.40. This is amonst the worse of the industry: WHR underperforms 85.71% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.72 | ||
| Quick Ratio | 0.4 |
3. Growth
3.1 Past
WHR shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -20.93%.
WHR shows a decrease in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -5.33% yearly.
WHR shows a very negative growth in Revenue. In the last year, the Revenue has decreased by -18.43%.
WHR shows a decrease in Revenue. Measured over the last years, the Revenue has been decreasing by -4.05% yearly.
EPS 1Y (TTM)-20.93%
EPS 3Y-23%
EPS 5Y-5.33%
EPS Q2Q%-4.49%
Revenue 1Y (TTM)-18.43%
Revenue growth 3Y-8.93%
Revenue growth 5Y-4.05%
Sales Q2Q%-19.35%
3.2 Future
Based on estimates for the next years, WHR will show a quite strong growth in Earnings Per Share. The EPS will grow by 8.35% on average per year.
Based on estimates for the next years, WHR will show a small growth in Revenue. The Revenue will grow by 1.79% on average per year.
EPS Next Y-23.41%
EPS Next 2Y-4.58%
EPS Next 3Y3.44%
EPS Next 5Y8.35%
Revenue Next Year-6.37%
Revenue Next 2Y-2.68%
Revenue Next 3Y-0.13%
Revenue Next 5Y1.79%
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
The Price/Earnings ratio is 8.35, which indicates a very decent valuation of WHR.
Compared to the rest of the industry, the Price/Earnings ratio of WHR indicates a somewhat cheap valuation: WHR is cheaper than 68.25% of the companies listed in the same industry.
The average S&P500 Price/Earnings ratio is at 27.18. WHR is valued rather cheaply when compared to this.
Based on the Price/Forward Earnings ratio of 9.11, the valuation of WHR can be described as reasonable.
WHR's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. WHR is cheaper than 68.25% of the companies in the same industry.
WHR is valuated cheaply when we compare the Price/Forward Earnings ratio to 35.34, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.35 | ||
| Fwd PE | 9.11 |
4.2 Price Multiples
WHR's Enterprise Value to EBITDA is on the same level as the industry average.
Based on the Price/Free Cash Flow ratio, WHR is valued cheaply inside the industry as 84.13% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 7.7 | ||
| EV/EBITDA | 9.02 |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-4.58%
EPS Next 3Y3.44%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 6.46%, WHR is a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 3.24, WHR pays a better dividend. On top of this WHR pays more dividend than 95.24% of the companies listed in the same industry.
WHR's Dividend Yield is rather good when compared to the S&P500 average which is at 2.34.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.46% |
5.2 History
The dividend of WHR is nicely growing with an annual growth rate of 7.77%!
WHR has been paying a dividend for at least 10 years, so it has a reliable track record.
WHR has not decreased their dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)7.77%
Div Incr Years0
Div Non Decr Years34
5.3 Sustainability
WHR pays out 5514.29% of its income as dividend. This is not a sustainable payout ratio.
WHR's earnings are growing around the same pace than its dividend. As long as the earnings growth is kept the dividend growth is sustainable.
DP5514.29%
EPS Next 2Y-4.58%
EPS Next 3Y3.44%
100.94
-5.55 (-5.21%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Durables & Apparel
GICS IndustryHousehold Durables
Earnings (Last)
Earnings (Next)
Inst Owners89.74%
Inst Owner Change0%
Ins Owners0.8%
Ins Owner Change3.14%
Market Cap5.61B
Analysts70.67
Price Target101.23 (0.29%)
Short Float %15.42%
Short Ratio7.12
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.46% |
Yearly Dividend6.98
Dividend Growth(5Y)7.77%
DP5514.29%
Div Incr Years0
Div Non Decr Years34
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)1.48%
Min EPS beat(2)-1.82%
Max EPS beat(2)4.77%
EPS beat(4)2
Avg EPS beat(4)2.09%
Min EPS beat(4)-1.82%
Max EPS beat(4)6.55%
EPS beat(8)6
Avg EPS beat(8)7.3%
EPS beat(12)9
Avg EPS beat(12)7.34%
EPS beat(16)12
Avg EPS beat(16)6.8%
Revenue beat(2)0
Avg Revenue beat(2)-2.8%
Min Revenue beat(2)-3.34%
Max Revenue beat(2)-2.27%
Revenue beat(4)0
Avg Revenue beat(4)-2.28%
Min Revenue beat(4)-3.34%
Max Revenue beat(4)-0.18%
Revenue beat(8)3
Avg Revenue beat(8)-0.97%
Revenue beat(12)4
Avg Revenue beat(12)-1.78%
Revenue beat(16)5
Avg Revenue beat(16)-2.02%
PT rev (1m)4.57%
PT rev (3m)-9.81%
EPS NQ rev (1m)-1.35%
EPS NQ rev (3m)-21.48%
EPS NY rev (1m)2.29%
EPS NY rev (3m)-4.21%
Revenue NQ rev (1m)0.28%
Revenue NQ rev (3m)-2.55%
Revenue NY rev (1m)0.47%
Revenue NY rev (3m)0.27%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.35 | ||
| Fwd PE | 9.11 | ||
| P/S | 0.36 | ||
| P/FCF | 7.7 | ||
| P/OCF | 4.94 | ||
| P/B | 2.18 | ||
| P/tB | N/A | ||
| EV/EBITDA | 9.02 |
EPS(TTM)12.09
EY11.98%
EPS(NY)11.08
Fwd EY10.98%
FCF(TTM)13.11
FCFY12.99%
OCF(TTM)20.45
OCFY20.26%
SpS283.02
BVpS46.25
TBVpS-62.25
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.04% | ||
| ROE | 0.27% | ||
| ROCE | 10.28% | ||
| ROIC | 8.37% | ||
| ROICexc | 9.37% | ||
| ROICexgc | 31.61% | ||
| OM | 5.86% | ||
| PM (TTM) | 0.04% | ||
| GM | 16.18% | ||
| FCFM | 4.63% |
ROA(3y)-2.69%
ROA(5y)1.2%
ROE(3y)-18.9%
ROE(5y)1.58%
ROIC(3y)9.41%
ROIC(5y)11.76%
ROICexc(3y)11.16%
ROICexc(5y)14.85%
ROICexgc(3y)43.05%
ROICexgc(5y)42.5%
ROCE(3y)10.83%
ROCE(5y)13.53%
ROICexcg growth 3Y-0.09%
ROICexcg growth 5Y11.01%
ROICexc growth 3Y-23.7%
ROICexc growth 5Y-4.94%
OM growth 3Y-19.61%
OM growth 5Y-3.6%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-8.15%
GM growth 5Y-2.12%
F-Score5
Asset Turnover0.95
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.12 | ||
| Debt/FCF | 10.02 | ||
| Debt/EBITDA | 4.36 | ||
| Cap/Depr | 124.77% | ||
| Cap/Sales | 2.59% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 90.96% | ||
| Profit Quality | 10414.3% | ||
| Current Ratio | 0.72 | ||
| Quick Ratio | 0.4 | ||
| Altman-Z | 1.33 |
F-Score5
WACC8.48%
ROIC/WACC0.99
Cap/Depr(3y)135.84%
Cap/Depr(5y)117.19%
Cap/Sales(3y)2.81%
Cap/Sales(5y)2.58%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-20.93%
EPS 3Y-23%
EPS 5Y-5.33%
EPS Q2Q%-4.49%
EPS Next Y-23.41%
EPS Next 2Y-4.58%
EPS Next 3Y3.44%
EPS Next 5Y8.35%
Revenue 1Y (TTM)-18.43%
Revenue growth 3Y-8.93%
Revenue growth 5Y-4.05%
Sales Q2Q%-19.35%
Revenue Next Year-6.37%
Revenue Next 2Y-2.68%
Revenue Next 3Y-0.13%
Revenue Next 5Y1.79%
EBIT growth 1Y-15.01%
EBIT growth 3Y-26.79%
EBIT growth 5Y-7.5%
EBIT Next Year41.77%
EBIT Next 3Y19.62%
EBIT Next 5Y16.35%
FCF growth 1Y28.57%
FCF growth 3Y-38.45%
FCF growth 5Y-11.22%
OCF growth 1Y-0.79%
OCF growth 3Y-27.3%
OCF growth 5Y-7.43%