300.03 USD
+1.88 (+0.63%)
300.03 USD
0 (0%)
We assign a fundamental rating of 6 out of 10 to WWD. WWD was compared to 71 industry peers in the Aerospace & Defense industry. WWD scores excellent points on both the profitability and health parts. This is a solid base for a good stock. WWD is valied quite expensively at the moment, while it does show a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year WWD was profitable.
In the past year WWD had a positive cash flow from operations.
WWD had positive earnings in each of the past 5 years.
WWD had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
The Return On Assets of WWD (8.23%) is better than 90.14% of its industry peers.
The Return On Equity of WWD (15.71%) is better than 83.10% of its industry peers.
WWD has a Return On Invested Capital of 8.78%. This is in the better half of the industry: WWD outperforms 76.06% of its industry peers.
WWD had an Average Return On Invested Capital over the past 3 years of 10.08%. This is in line with the industry average of 8.53%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 8.23% | ||
| ROE | 15.71% | ||
| ROIC | 8.78% |
ROA(3y)7.96%
ROA(5y)6.7%
ROE(3y)15.2%
ROE(5y)12.81%
ROIC(3y)10.08%
ROIC(5y)8.3%
1.3 Margins
WWD has a Profit Margin of 11.32%. This is amongst the best in the industry. WWD outperforms 83.10% of its industry peers.
In the last couple of years the Profit Margin of WWD has grown nicely.
WWD's Operating Margin of 12.44% is fine compared to the rest of the industry. WWD outperforms 77.46% of its industry peers.
WWD's Operating Margin has improved in the last couple of years.
WWD has a Gross Margin of 25.88%. This is comparable to the rest of the industry: WWD outperforms 54.93% of its industry peers.
In the last couple of years the Gross Margin of WWD has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 12.44% | ||
| PM (TTM) | 11.32% | ||
| GM | 25.88% |
OM growth 3Y19.42%
OM growth 5Y4.88%
PM growth 3Y19.82%
PM growth 5Y5.17%
GM growth 3Y6.74%
GM growth 5Y0.89%
2. Health
2.1 Basic Checks
WWD has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
The number of shares outstanding for WWD has been increased compared to 1 year ago.
Compared to 5 years ago, WWD has less shares outstanding
Compared to 1 year ago, WWD has an improved debt to assets ratio.
2.2 Solvency
WWD has an Altman-Z score of 7.14. This indicates that WWD is financially healthy and has little risk of bankruptcy at the moment.
WWD has a Altman-Z score of 7.14. This is in the better half of the industry: WWD outperforms 74.65% of its industry peers.
The Debt to FCF ratio of WWD is 3.37, which is a good value as it means it would take WWD, 3.37 years of fcf income to pay off all of its debts.
With an excellent Debt to FCF ratio value of 3.37, WWD belongs to the best of the industry, outperforming 81.69% of the companies in the same industry.
WWD has a Debt/Equity ratio of 0.35. This is a healthy value indicating a solid balance between debt and equity.
Looking at the Debt to Equity ratio, with a value of 0.35, WWD is in the better half of the industry, outperforming 61.97% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.35 | ||
| Debt/FCF | 3.37 | ||
| Altman-Z | 7.14 |
ROIC/WACC0.92
WACC9.59%
2.3 Liquidity
A Current Ratio of 2.04 indicates that WWD has no problem at all paying its short term obligations.
With a Current ratio value of 2.04, WWD perfoms like the industry average, outperforming 46.48% of the companies in the same industry.
WWD has a Quick Ratio of 1.39. This is a normal value and indicates that WWD is financially healthy and should not expect problems in meeting its short term obligations.
With a Quick ratio value of 1.39, WWD perfoms like the industry average, outperforming 47.89% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.04 | ||
| Quick Ratio | 1.39 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an nice 12.77% over the past year.
Measured over the past years, WWD shows a quite strong growth in Earnings Per Share. The EPS has been growing by 11.83% on average per year.
Looking at the last year, WWD shows a small growth in Revenue. The Revenue has grown by 7.30% in the last year.
Measured over the past years, WWD shows a small growth in Revenue. The Revenue has been growing by 7.40% on average per year.
EPS 1Y (TTM)12.77%
EPS 3Y35.66%
EPS 5Y11.83%
EPS Q2Q%48.23%
Revenue 1Y (TTM)7.3%
Revenue growth 3Y14.4%
Revenue growth 5Y7.4%
Sales Q2Q%16.47%
3.2 Future
WWD is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 11.97% yearly.
The Revenue is expected to grow by 1.85% on average over the next years.
EPS Next Y15.12%
EPS Next 2Y15.26%
EPS Next 3Y11.97%
EPS Next 5YN/A
Revenue Next Year9.81%
Revenue Next 2Y8.73%
Revenue Next 3Y7.28%
Revenue Next 5Y1.85%
3.3 Evolution
The EPS growth rate is stable: in the next years the growth will be about the same than in the last years.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 43.55, which means the current valuation is very expensive for WWD.
Based on the Price/Earnings ratio, WWD is valued a bit cheaper than 61.97% of the companies in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 26.31, WWD is valued quite expensively.
The Price/Forward Earnings ratio is 37.83, which means the current valuation is very expensive for WWD.
61.97% of the companies in the same industry are more expensive than WWD, based on the Price/Forward Earnings ratio.
WWD's Price/Forward Earnings ratio indicates a similar valuation than the S&P500 average which is at 36.56.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 43.55 | ||
| Fwd PE | 37.83 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of WWD is on the same level as its industry peers.
The rest of the industry has a similar Price/Free Cash Flow ratio as WWD.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 64.93 | ||
| EV/EBITDA | 33.54 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates WWD does not grow enough to justify the current Price/Earnings ratio.
WWD has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)2.88
PEG (5Y)3.68
EPS Next 2Y15.26%
EPS Next 3Y11.97%
5. Dividend
5.1 Amount
WWD has a yearly dividend return of 0.43%, which is pretty low.
Compared to an average industry Dividend Yield of 1.14, WWD pays a bit more dividend than its industry peers.
Compared to an average S&P500 Dividend Yield of 2.32, WWD's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.43% |
5.2 History
On average, the dividend of WWD grows each year by 9.14%, which is quite nice.
WWD has paid a dividend for at least 10 years, which is a reliable track record.
WWD has not decreased its dividend in the last 3 years.
Dividend Growth(5Y)9.14%
Div Incr Years4
Div Non Decr Years4
5.3 Sustainability
WWD pays out 16.25% of its income as dividend. This is a sustainable payout ratio.
The dividend of WWD is growing, but earnings are growing more, so the dividend growth is sustainable.
DP16.25%
EPS Next 2Y15.26%
EPS Next 3Y11.97%
300.03
+1.88 (+0.63%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryAerospace & Defense
Earnings (Last)
Earnings (Next)
Inst Owners89.57%
Inst Owner Change1.41%
Ins Owners0.16%
Ins Owner Change-0.84%
Market Cap17.99B
Revenue(TTM)3.57B
Net Income(TTM)387.78M
Analysts77.33
Price Target302.44 (0.8%)
Short Float %1.85%
Short Ratio2.15
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.43% |
Yearly Dividend0.98
Dividend Growth(5Y)9.14%
DP16.25%
Div Incr Years4
Div Non Decr Years4
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)10.53%
Min EPS beat(2)6.42%
Max EPS beat(2)14.65%
EPS beat(4)4
Avg EPS beat(4)11.21%
Min EPS beat(4)6.42%
Max EPS beat(4)14.65%
EPS beat(8)8
Avg EPS beat(8)12.9%
EPS beat(12)11
Avg EPS beat(12)13.72%
EPS beat(16)11
Avg EPS beat(16)4.92%
Revenue beat(2)2
Avg Revenue beat(2)3.3%
Min Revenue beat(2)1.82%
Max Revenue beat(2)4.78%
Revenue beat(4)3
Avg Revenue beat(4)2.41%
Min Revenue beat(4)-1.28%
Max Revenue beat(4)4.78%
Revenue beat(8)6
Avg Revenue beat(8)1.89%
Revenue beat(12)10
Avg Revenue beat(12)3.38%
Revenue beat(16)10
Avg Revenue beat(16)1.2%
PT rev (1m)1.16%
PT rev (3m)4.18%
EPS NQ rev (1m)0%
EPS NQ rev (3m)0.74%
EPS NY rev (1m)0%
EPS NY rev (3m)0.45%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0.77%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.65%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 43.55 | ||
| Fwd PE | 37.83 | ||
| P/S | 5.25 | ||
| P/FCF | 64.93 | ||
| P/OCF | 47.38 | ||
| P/B | 7.29 | ||
| P/tB | 14.75 | ||
| EV/EBITDA | 33.54 |
EPS(TTM)6.89
EY2.3%
EPS(NY)7.93
Fwd EY2.64%
FCF(TTM)4.62
FCFY1.54%
OCF(TTM)6.33
OCFY2.11%
SpS57.13
BVpS41.16
TBVpS20.34
PEG (NY)2.88
PEG (5Y)3.68
Graham Number79.88
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 8.23% | ||
| ROE | 15.71% | ||
| ROCE | 11.52% | ||
| ROIC | 8.78% | ||
| ROICexc | 9.93% | ||
| ROICexgc | 15.25% | ||
| OM | 12.44% | ||
| PM (TTM) | 11.32% | ||
| GM | 25.88% | ||
| FCFM | 8.09% |
ROA(3y)7.96%
ROA(5y)6.7%
ROE(3y)15.2%
ROE(5y)12.81%
ROIC(3y)10.08%
ROIC(5y)8.3%
ROICexc(3y)10.85%
ROICexc(5y)8.96%
ROICexgc(3y)17.17%
ROICexgc(5y)14.4%
ROCE(3y)12.49%
ROCE(5y)10.23%
ROICexgc growth 3Y31.06%
ROICexgc growth 5Y9.36%
ROICexc growth 3Y32.73%
ROICexc growth 5Y11.63%
OM growth 3Y19.42%
OM growth 5Y4.88%
PM growth 3Y19.82%
PM growth 5Y5.17%
GM growth 3Y6.74%
GM growth 5Y0.89%
F-Score5
Asset Turnover0.73
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.35 | ||
| Debt/FCF | 3.37 | ||
| Debt/EBITDA | 1.59 | ||
| Cap/Depr | 90.48% | ||
| Cap/Sales | 3% | ||
| Interest Coverage | 11.47 | ||
| Cash Conversion | 70.36% | ||
| Profit Quality | 71.46% | ||
| Current Ratio | 2.04 | ||
| Quick Ratio | 1.39 | ||
| Altman-Z | 7.14 |
F-Score5
WACC9.59%
ROIC/WACC0.92
Cap/Depr(3y)N/A
Cap/Depr(5y)N/A
Cap/Sales(3y)N/A
Cap/Sales(5y)N/A
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)12.77%
EPS 3Y35.66%
EPS 5Y11.83%
EPS Q2Q%48.23%
EPS Next Y15.12%
EPS Next 2Y15.26%
EPS Next 3Y11.97%
EPS Next 5YN/A
Revenue 1Y (TTM)7.3%
Revenue growth 3Y14.4%
Revenue growth 5Y7.4%
Sales Q2Q%16.47%
Revenue Next Year9.81%
Revenue Next 2Y8.73%
Revenue Next 3Y7.28%
Revenue Next 5Y1.85%
EBIT growth 1Y-4.47%
EBIT growth 3Y36.61%
EBIT growth 5Y12.65%
EBIT Next Year42.61%
EBIT Next 3Y18.97%
EBIT Next 5YN/A
FCF growth 1Y-22.74%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-15.66%
OCF growth 3YN/A
OCF growth 5YN/A
WOODWARD INC / WWD FAQ
What is the fundamental rating for WWD stock?
ChartMill assigns a fundamental rating of 6 / 10 to WWD.
Can you provide the valuation status for WOODWARD INC?
ChartMill assigns a valuation rating of 3 / 10 to WOODWARD INC (WWD). This can be considered as Overvalued.
What is the profitability of WWD stock?
WOODWARD INC (WWD) has a profitability rating of 7 / 10.
What is the expected EPS growth for WOODWARD INC (WWD) stock?
The Earnings per Share (EPS) of WOODWARD INC (WWD) is expected to grow by 15.12% in the next year.
How sustainable is the dividend of WOODWARD INC (WWD) stock?
The dividend rating of WOODWARD INC (WWD) is 5 / 10 and the dividend payout ratio is 16.25%.