WHIRLPOOL CORP (WHR) Stock Fundamental Analysis
USA - NYSE:WHR - US9633201069 - Common Stock
77.13 USD
+0.5 (+0.65%)
77.54 USD
+0.41 (+0.53%)
Taking everything into account, WHR scores 3 out of 10 in our fundamental rating. WHR was compared to 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 it does not seem to be growing. 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
The Return On Assets of WHR (-0.88%) is worse than 65.08% of its industry peers.
WHR's Return On Equity of -6.34% is on the low side compared to the rest of the industry. WHR is outperformed by 66.67% of its industry peers.
With a Return On Invested Capital value of 6.94%, WHR perfoms like the industry average, outperforming 47.62% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for WHR is in line with the industry average of 10.32%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -0.88% | ||
| ROE | -6.34% | ||
| ROIC | 6.94% |
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 Operating Margin value of 5.79%, WHR perfoms like the industry average, outperforming 41.27% of the companies in the same industry.
In the last couple of years the Operating Margin of WHR has declined.
WHR's Gross Margin of 16.31% is on the low side compared to the rest of the industry. WHR is outperformed by 87.30% of its industry peers.
WHR's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 5.79% | ||
| PM (TTM) | N/A | ||
| GM | 16.31% |
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
WHR has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
Compared to 1 year ago, WHR has about the same amount of shares outstanding.
WHR has less shares outstanding than it did 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 1.31, we must say that WHR is in the distress zone and has some risk of bankruptcy.
WHR has a Altman-Z score of 1.31. This is amonst the worse of the industry: WHR underperforms 80.95% of its industry peers.
WHR has a debt to FCF ratio of 31.66. This is a negative value and a sign of low solvency as WHR would need 31.66 years to pay back of all of its debts.
WHR has a worse Debt to FCF ratio (31.66) than 61.90% of its industry peers.
A Debt/Equity ratio of 3.16 is on the high side and indicates that WHR has dependencies on debt financing.
Looking at the Debt to Equity ratio, with a value of 3.16, WHR is doing worse than 93.65% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 3.16 | ||
| Debt/FCF | 31.66 | ||
| Altman-Z | 1.31 |
ROIC/WACC0.79
WACC8.76%
2.3 Liquidity
A Current Ratio of 0.85 indicates that WHR may have some problems paying its short term obligations.
WHR's Current ratio of 0.85 is on the low side compared to the rest of the industry. WHR is outperformed by 90.48% of its industry peers.
WHR has a Quick Ratio of 0.85. 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's Quick ratio of 0.46 is on the low side compared to the rest of the industry. WHR is outperformed by 80.95% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.85 | ||
| Quick Ratio | 0.46 |
3. Growth
3.1 Past
The earnings per share for WHR have decreased strongly by -18.04% in the last year.
Measured over the past years, WHR shows a decrease in Earnings Per Share. The EPS has been decreasing by -5.33% on average per year.
WHR shows a very negative growth in Revenue. In the last year, the Revenue has decreased by -16.06%.
WHR shows a decrease in Revenue. Measured over the last years, the Revenue has been decreasing by -4.05% yearly.
EPS 1Y (TTM)-18.04%
EPS 3Y-23%
EPS 5Y-5.33%
EPS Q2Q%-43.93%
Revenue 1Y (TTM)-16.06%
Revenue growth 3Y-8.93%
Revenue growth 5Y-4.05%
Sales Q2Q%-5.41%
3.2 Future
The Earnings Per Share is expected to grow by 8.35% on average over the next years. This is quite good.
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-46.47%
EPS Next 2Y-17.23%
EPS Next 3Y-1.61%
EPS Next 5Y8.35%
Revenue Next Year-7.28%
Revenue Next 2Y-4.62%
Revenue Next 3Y-0.93%
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
Based on the Price/Earnings ratio of 6.99, the valuation of WHR can be described as very cheap.
WHR's Price/Earnings ratio is rather cheap when compared to the industry. WHR is cheaper than 87.30% of the companies in the same industry.
When comparing the Price/Earnings ratio of WHR to the average of the S&P500 Index (27.91), we can say WHR is valued rather cheaply.
With a Price/Forward Earnings ratio of 9.25, the valuation of WHR can be described as very reasonable.
76.19% of the companies in the same industry are more expensive than WHR, based on the Price/Forward Earnings ratio.
Compared to an average S&P500 Price/Forward Earnings ratio of 23.30, WHR is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.99 | ||
| Fwd PE | 9.25 |
4.2 Price Multiples
WHR's Enterprise Value to EBITDA ratio is in line with the industry average.
WHR's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. WHR is cheaper than 61.90% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 17.89 | ||
| EV/EBITDA | 7.93 |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-17.23%
EPS Next 3Y-1.61%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 4.52%, WHR is a good candidate for dividend investing.
The stock price of WHR dropped by -28.91% in the last 3 months. With lower prices the dividend yield is higher, but it may be a sign investors do not trust the long term dividend.
Compared to an average industry Dividend Yield of 2.76, WHR pays a better dividend. On top of this WHR pays more dividend than 92.06% 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 2.44.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.52% |
5.2 History
On average, the dividend of WHR grows each year by 7.77%, which is quite nice.
WHR has paid a dividend for at least 10 years, which is a reliable track record.
WHR has not decreased its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.
Dividend Growth(5Y)7.77%
Div Incr Years0
Div Non Decr Years34
5.3 Sustainability
The earnings of WHR are negative and hence is the payout ratio. WHR will probably not be able to sustain this dividend level.
The dividend of WHR is growing around the same rate as the earnings are growing. If this keeps up the dividend growth is sustainable.
DP-263.27%
EPS Next 2Y-17.23%
EPS Next 3Y-1.61%
77.13
+0.5 (+0.65%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Durables & Apparel
GICS IndustryHousehold Durables
Earnings (Last)
Earnings (Next)
Inst Owners97.08%
Inst Owner Change-0.01%
Ins Owners0.81%
Ins Owner Change3.91%
Market Cap4.31B
Analysts52.22
Price Target92.98 (20.55%)
Short Float %15.76%
Short Ratio5.38
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.52% |
Yearly Dividend6.98
Dividend Growth(5Y)7.77%
DP-263.27%
Div Incr Years0
Div Non Decr Years34
Ex-Date
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-12.78%
Min EPS beat(2)-23.75%
Max EPS beat(2)-1.82%
EPS beat(4)2
Avg EPS beat(4)-3.56%
Min EPS beat(4)-23.75%
Max EPS beat(4)6.55%
EPS beat(8)5
Avg EPS beat(8)2.98%
EPS beat(12)8
Avg EPS beat(12)4.3%
EPS beat(16)11
Avg EPS beat(16)4.61%
Revenue beat(2)0
Avg Revenue beat(2)-3.02%
Min Revenue beat(2)-3.77%
Max Revenue beat(2)-2.27%
Revenue beat(4)0
Avg Revenue beat(4)-3.18%
Min Revenue beat(4)-3.77%
Max Revenue beat(4)-2.27%
Revenue beat(8)3
Avg Revenue beat(8)-1.24%
Revenue beat(12)4
Avg Revenue beat(12)-1.81%
Revenue beat(16)4
Avg Revenue beat(16)-2.56%
PT rev (1m)-8.11%
PT rev (3m)-8.14%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-44.66%
EPS NY rev (1m)-4.62%
EPS NY rev (3m)-29.96%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-1.3%
Revenue NY rev (1m)0.03%
Revenue NY rev (3m)-0.58%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.99 | ||
| Fwd PE | 9.25 | ||
| P/S | 0.28 | ||
| P/FCF | 17.89 | ||
| P/OCF | 6.98 | ||
| P/B | 1.86 | ||
| P/tB | N/A | ||
| EV/EBITDA | 7.93 |
EPS(TTM)11.04
EY14.31%
EPS(NY)8.34
Fwd EY10.81%
FCF(TTM)4.31
FCFY5.59%
OCF(TTM)11.06
OCFY14.34%
SpS277.74
BVpS41.49
TBVpS-66.4
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -0.88% | ||
| ROE | -6.34% | ||
| ROCE | 8.89% | ||
| ROIC | 6.94% | ||
| ROICexc | 7.66% | ||
| ROICexgc | 18.72% | ||
| OM | 5.79% | ||
| PM (TTM) | N/A | ||
| GM | 16.31% | ||
| FCFM | 1.55% |
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-Score3
Asset Turnover0.93
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 3.16 | ||
| Debt/FCF | 31.66 | ||
| Debt/EBITDA | 5.98 | ||
| Cap/Depr | 115.64% | ||
| Cap/Sales | 2.43% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 50.45% | ||
| Profit Quality | N/A | ||
| Current Ratio | 0.85 | ||
| Quick Ratio | 0.46 | ||
| Altman-Z | 1.31 |
F-Score3
WACC8.76%
ROIC/WACC0.79
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)-18.04%
EPS 3Y-23%
EPS 5Y-5.33%
EPS Q2Q%-43.93%
EPS Next Y-46.47%
EPS Next 2Y-17.23%
EPS Next 3Y-1.61%
EPS Next 5Y8.35%
Revenue 1Y (TTM)-16.06%
Revenue growth 3Y-8.93%
Revenue growth 5Y-4.05%
Sales Q2Q%-5.41%
Revenue Next Year-7.28%
Revenue Next 2Y-4.62%
Revenue Next 3Y-0.93%
Revenue Next 5Y1.79%
EBIT growth 1Y-8.08%
EBIT growth 3Y-26.79%
EBIT growth 5Y-7.5%
EBIT Next Year24.66%
EBIT Next 3Y16.79%
EBIT Next 5Y16.35%
FCF growth 1Y-60.1%
FCF growth 3Y-38.45%
FCF growth 5Y-11.22%
OCF growth 1Y-47.36%
OCF growth 3Y-27.3%
OCF growth 5Y-7.43%