Watts Water Technologies Statistics
Total Valuation
WTS has a market cap or net worth of $6.73 billion. The enterprise value is $6.64 billion.
| Market Cap | 6.73B |
| Enterprise Value | 6.64B |
Important Dates
The next estimated earnings date is Monday, February 10, 2025, after market close.
| Earnings Date | Feb 10, 2025 |
| Ex-Dividend Date | Nov 29, 2024 |
Share Statistics
WTS has 33.33 million shares outstanding. The number of shares has increased by 0.15% in one year.
| Current Share Class | 27.38M |
| Shares Outstanding | 33.33M |
| Shares Change (YoY) | +0.15% |
| Shares Change (QoQ) | n/a |
| Owned by Insiders (%) | 18.76% |
| Owned by Institutions (%) | 83.82% |
| Float | 27.06M |
Valuation Ratios
The trailing PE ratio is 24.22 and the forward PE ratio is 23.14. WTS's PEG ratio is 3.35.
| PE Ratio | 24.22 |
| Forward PE | 23.14 |
| PS Ratio | 2.99 |
| Forward PS | 2.95 |
| PB Ratio | 3.99 |
| P/TBV Ratio | 9.33 |
| P/FCF Ratio | 22.64 |
| P/OCF Ratio | 20.31 |
| PEG Ratio | 3.35 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 14.83, with an EV/FCF ratio of 22.32.
| EV / Earnings | 23.78 |
| EV / Sales | 2.94 |
| EV / EBITDA | 14.83 |
| EV / EBIT | 16.84 |
| EV / FCF | 22.32 |
Financial Position
The company has a current ratio of 2.55, with a Debt / Equity ratio of 0.13.
| Current Ratio | 2.55 |
| Quick Ratio | 1.43 |
| Debt / Equity | 0.13 |
| Debt / EBITDA | 0.46 |
| Debt / FCF | 0.72 |
| Interest Coverage | 25.12 |
Financial Efficiency
Return on equity (ROE) is 17.78% and return on invested capital (ROIC) is 14.28%.
| Return on Equity (ROE) | 17.78% |
| Return on Assets (ROA) | 11.16% |
| Return on Capital (ROIC) | 14.28% |
| Revenue Per Employee | $443,000 |
| Profits Per Employee | $54,765 |
| Employee Count | 5,100 |
| Asset Turnover | 1.02 |
| Inventory Turnover | 2.96 |
Taxes
In the past 12 months, WTS has paid $95.00 million in taxes.
| Income Tax | 95.00M |
| Effective Tax Rate | 25.38% |
Stock Price Statistics
The stock price has decreased by -2.72% in the last 52 weeks. The beta is 0.92, so WTS's price volatility has been similar to the market average.
| Beta (5Y) | 0.92 |
| 52-Week Price Change | -2.72% |
| 50-Day Moving Average | 208.58 |
| 200-Day Moving Average | 200.88 |
| Relative Strength Index (RSI) | 34.80 |
| Average Volume (20 Days) | 184,982 |
Short Selling Information
The latest short interest is 902,181, so 2.71% of the outstanding shares have been sold short.
| Short Interest | 902,181 |
| Short Previous Month | 844,406 |
| Short % of Shares Out | 2.71% |
| Short % of Float | 3.33% |
| Short Ratio (days to cover) | 6.31 |
Income Statement
In the last 12 months, WTS had revenue of $2.26 billion and earned $279.30 million in profits. Earnings per share was $8.34.
| Revenue | 2.26B |
| Gross Profit | 1.07B |
| Operating Income | 394.40M |
| Pretax Income | 370.10M |
| Net Income | 279.30M |
| EBITDA | 447.70M |
| EBIT | 394.40M |
| Earnings Per Share (EPS) | $8.34 |
Balance Sheet
The company has $306.50 million in cash and $213.80 million in debt, giving a net cash position of $92.70 million or $2.78 per share.
| Cash & Cash Equivalents | 306.50M |
| Total Debt | 213.80M |
| Net Cash | 92.70M |
| Net Cash Per Share | $2.78 |
| Equity (Book Value) | 1.69B |
| Book Value Per Share | 50.66 |
| Working Capital | 648.10M |
Cash Flow
In the last 12 months, operating cash flow was $331.50 million and capital expenditures -$34.00 million, giving a free cash flow of $297.50 million.
| Operating Cash Flow | 331.50M |
| Capital Expenditures | -34.00M |
| Free Cash Flow | 297.50M |
| FCF Per Share | $8.92 |
Margins
Gross margin is 47.14%, with operating and profit margins of 17.46% and 12.36%.
| Gross Margin | 47.14% |
| Operating Margin | 17.46% |
| Pretax Margin | 16.57% |
| Profit Margin | 12.36% |
| EBITDA Margin | 19.82% |
| EBIT Margin | 17.46% |
| FCF Margin | 13.17% |
Dividends & Yields
This stock pays an annual dividend of $1.72, which amounts to a dividend yield of 0.85%.
| Dividend Per Share | $1.72 |
| Dividend Yield | 0.85% |
| Dividend Growth (YoY) | 19.57% |
| Years of Dividend Growth | 11 |
| Payout Ratio | 20.62% |
| Buyback Yield | -0.15% |
| Shareholder Yield | 0.70% |
| Earnings Yield | 4.15% |
| FCF Yield | 4.42% |
Analyst Forecast
The average price target for WTS is $220.50, which is 9.15% higher than the current price. The consensus rating is "Buy".
| Price Target | $220.50 |
| Price Target Difference | 9.15% |
| Analyst Consensus | Buy |
| Analyst Count | 4 |
| Revenue Growth Forecast (5Y) | 5.35% |
| EPS Growth Forecast (5Y) | 7.59% |
Stock Splits
The last stock split was on March 16, 1994. It was a forward split with a ratio of 2:1.
| Last Split Date | Mar 16, 1994 |
| Split Type | Forward |
| Split Ratio | 2:1 |
Scores
WTS has an Altman Z-Score of 7.99 and a Piotroski F-Score of 5.
| Altman Z-Score | 7.99 |
| Piotroski F-Score | 5 |