WHIRLPOOL CORP (WHR) Stock Fundamental Analysis
NYSE:WHR - New York Stock Exchange, Inc. - US9633201069 - Common Stock - Currency: USD
WHR gets a fundamental rating of 3 out of 10. The analysis compared the fundamentals against 64 industry peers in the Household Durables industry. Both the profitability and financial health of WHR have multiple concerns. WHR is valued correctly, but it does not seem to be growing. Finally WHR also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
WHR had positive earnings in the past year.
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.
Each year in the past 5 years WHR had a positive operating cash flow.
1.2 Ratios
WHR has a Return On Assets of 0.04%. This is in the lower half of the industry: WHR underperforms 62.50% of its industry peers.
WHR has a Return On Equity of 0.27%. This is in the lower half of the industry: WHR underperforms 62.50% of its industry peers.
Looking at the Return On Invested Capital, with a value of 8.37%, WHR is in line with its industry, outperforming 56.25% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for WHR is in line with the industry average of 10.33%.
| 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
WHR has a Profit Margin of 0.04%. This is in the lower half of the industry: WHR underperforms 62.50% of its industry peers.
With a Operating Margin value of 5.86%, WHR perfoms like the industry average, outperforming 42.19% 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 16.18% is on the low side compared to the rest of the industry. WHR is outperformed by 87.50% of its industry peers.
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
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.
The debt/assets ratio for WHR has been reduced compared to a year ago.
2.2 Solvency
WHR has an Altman-Z score of 1.31. This is a bad value and indicates that WHR is not financially healthy and even has some risk of bankruptcy.
WHR has a Altman-Z score of 1.31. This is in the lower half of the industry: WHR underperforms 75.00% 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.
WHR has a Debt/Equity ratio of 2.12. This is a high value indicating a heavy dependency on external financing.
WHR has a worse Debt to Equity ratio (2.12) than 92.19% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.12 | ||
| Debt/FCF | 10.02 | ||
| Altman-Z | 1.31 |
ROIC/WACC0.9
WACC9.29%
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 93.75% of its industry peers.
A Quick Ratio of 0.40 indicates that WHR may have some problems paying its short term obligations.
WHR has a worse Quick ratio (0.40) than 84.38% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.72 | ||
| Quick Ratio | 0.4 |
3. Growth
3.1 Past
The earnings per share for WHR have decreased strongly by -20.93% in the last year.
The Earnings Per Share has been decreasing by -5.33% on average over the past years.
Looking at the last year, WHR shows a very negative growth in Revenue. The Revenue has decreased by -18.43% in the last year.
Measured over the past years, WHR shows a decrease in Revenue. The Revenue has been decreasing by -4.05% on average per year.
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.
WHR is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 1.79% yearly.
EPS Next Y-25.12%
EPS Next 2Y-5.87%
EPS Next 3Y2.19%
EPS Next 5Y8.35%
Revenue Next Year-6.8%
Revenue Next 2Y-2.86%
Revenue Next 3Y-0.45%
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 7.46, which indicates a rather cheap valuation of WHR.
Based on the Price/Earnings ratio, WHR is valued a bit cheaper than 70.31% of the companies in the same industry.
When comparing the Price/Earnings ratio of WHR to the average of the S&P500 Index (26.32), we can say WHR is valued rather cheaply.
The Price/Forward Earnings ratio is 8.37, which indicates a very decent valuation of WHR.
WHR's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. WHR is cheaper than 62.50% of the companies in the same industry.
WHR's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 22.13.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.46 | ||
| Fwd PE | 8.37 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of WHR is on the same level as its industry peers.
Based on the Price/Free Cash Flow ratio, WHR is valued cheaper than 85.94% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 6.88 | ||
| EV/EBITDA | 8.54 |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-5.87%
EPS Next 3Y2.19%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 7.99%, WHR is a good candidate for dividend investing.
WHR's Dividend Yield is rather good when compared to the industry average which is at 3.54. WHR pays more dividend than 95.31% of the companies in the same industry.
Compared to an average S&P500 Dividend Yield of 2.40, WHR pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 7.99% |
5.2 History
On average, the dividend of WHR grows each year by 7.77%, which is quite nice.
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-5.87%
EPS Next 3Y2.19%
90.24
+2.68 (+3.06%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Durables & Apparel
GICS IndustryHousehold Durables
Earnings (Last)
Earnings (Next)
Inst Owners89.74%
Inst Owner Change5.84%
Ins Owners0.8%
Ins Owner Change3.14%
Market Cap5.02B
Analysts68
Price Target96.81 (7.28%)
Short Float %18.8%
Short Ratio8.38
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 7.99% |
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)0%
PT rev (3m)-13.75%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-20.4%
EPS NY rev (1m)0%
EPS NY rev (3m)-6.82%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-2.82%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.2%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.46 | ||
| Fwd PE | 8.37 | ||
| P/S | 0.32 | ||
| P/FCF | 6.88 | ||
| P/OCF | 4.41 | ||
| P/B | 1.95 | ||
| P/tB | N/A | ||
| EV/EBITDA | 8.54 |
EPS(TTM)12.09
EY13.4%
EPS(NY)10.78
Fwd EY11.95%
FCF(TTM)13.11
FCFY14.53%
OCF(TTM)20.45
OCFY22.66%
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 | 1.31 |
F-Score5
WACC9.29%
ROIC/WACC0.9
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-25.12%
EPS Next 2Y-5.87%
EPS Next 3Y2.19%
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-6.8%
Revenue Next 2Y-2.86%
Revenue Next 3Y-0.45%
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%