Watts Water Technologies Statistics
Total Valuation
WTS has a market cap or net worth of $6.55 billion. The enterprise value is $6.60 billion.
| Market Cap | 6.55B |
| Enterprise Value | 6.60B |
Important Dates
The next estimated earnings date is Wednesday, July 31, 2024, after market close.
| Earnings Date | Jul 31, 2024 |
| Ex-Dividend Date | May 31, 2024 |
Share Statistics
WTS has 33.37 million shares outstanding.
| Shares Outstanding | 33.37M |
| Shares Change (YoY) | n/a |
| Shares Change (QoQ) | n/a |
| Owned by Insiders (%) | 1.16% |
| Owned by Institutions (%) | 97.96% |
| Float | 27.06M |
Valuation Ratios
The trailing PE ratio is 24.36 and the forward PE ratio is 22.80. WTS's PEG ratio is 2.94.
| PE Ratio | 24.36 |
| Forward PE | 22.80 |
| PS Ratio | 3.04 |
| Forward PS | 2.86 |
| PB Ratio | 4.22 |
| P/FCF Ratio | 22.64 |
| PEG Ratio | 2.94 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 15.76, with an EV/FCF ratio of 22.80.
| EV / Earnings | 24.44 |
| EV / Sales | 3.06 |
| EV / EBITDA | 15.76 |
| EV / EBIT | 17.73 |
| EV / FCF | 22.80 |
Financial Position
The company has a current ratio of 2.48, with a Debt / Equity ratio of 0.18.
| Current Ratio | 2.48 |
| Quick Ratio | 1.33 |
| Debt / Equity | 0.18 |
| Debt / EBITDA | 0.68 |
| Debt / FCF | 0.98 |
| Interest Coverage | 34.14 |
Financial Efficiency
Return on equity (ROE) is 18.20% and return on invested capital (ROIC) is 14.78%.
| Return on Equity (ROE) | 18.20% |
| Return on Assets (ROA) | 12.50% |
| Return on Capital (ROIC) | 14.78% |
| Revenue Per Employee | $422,647 |
| Profits Per Employee | $52,941 |
| Employee Count | 5,100 |
| Asset Turnover | 1.00 |
| Inventory Turnover | 2.78 |
Taxes
In the past 12 months, WTS has paid $91.20 million in taxes.
| Income Tax | 91.20M |
| Effective Tax Rate | 25.25% |
Stock Price Statistics
The stock price has increased by +4.87% in the last 52 weeks. The beta is 0.89, so WTS's price volatility has been lower than the market average.
| Beta (5Y) | 0.89 |
| 52-Week Price Change | +4.87% |
| 50-Day Moving Average | 194.91 |
| 200-Day Moving Average | 196.62 |
| Relative Strength Index (RSI) | 61.30 |
| Average Volume (20 Days) | 192,320 |
Short Selling Information
The latest short interest is 871,215, so 2.61% of the outstanding shares have been sold short.
| Short Interest | 871,215 |
| Short Previous Month | 768,531 |
| Short % of Shares Out | 2.61% |
| Short % of Float | 3.22% |
| Short Ratio (days to cover) | 4.35 |
Income Statement
In the last 12 months, WTS had revenue of $2.16 billion and earned $270.00 million in profits. Earnings per share was $8.06.
| Revenue | 2.16B |
| Gross Profit | 1.01B |
| Operating Income | 362.90M |
| Pretax Income | 361.20M |
| Net Income | 270.00M |
| EBITDA | 418.70M |
| EBIT | 372.10M |
| Earnings Per Share (EPS) | $8.06 |
Balance Sheet
The company has $237.10 million in cash and $283.50 million in debt, giving a net cash position of -$46.40 million or -$1.39 per share.
| Cash & Cash Equivalents | 237.10M |
| Total Debt | 283.50M |
| Net Cash | -46.40M |
| Net Cash Per Share | -$1.39 |
| Equity (Book Value) | 1.55B |
| Book Value Per Share | 46.50 |
| Working Capital | 602.70M |
Cash Flow
In the last 12 months, operating cash flow was $323.00 million and capital expenditures -$33.60 million, giving a free cash flow of $289.40 million.
| Operating Cash Flow | 323.00M |
| Capital Expenditures | -33.60M |
| Free Cash Flow | 289.40M |
| FCF Per Share | $8.67 |
Margins
Gross margin is 46.87%, with operating and profit margins of 16.84% and 12.53%.
| Gross Margin | 46.87% |
| Operating Margin | 16.84% |
| Pretax Margin | 16.76% |
| Profit Margin | 12.53% |
| EBITDA Margin | 19.42% |
| EBIT Margin | 17.26% |
| FCF Margin | 13.43% |
Dividends & Yields
This stock pays an annual dividend of $1.72, which amounts to a dividend yield of 0.88%.
| Dividend Per Share | $1.72 |
| Dividend Yield | 0.88% |
| Dividend Growth (YoY) | 19.84% |
| Years of Dividend Growth | 11 |
| Payout Ratio | 21.34% |
| Buyback Yield | n/a |
| Shareholder Yield | 0.88% |
| Earnings Yield | 4.12% |
| FCF Yield | 4.42% |
Analyst Forecast
The average price target for WTS is $201.50, which is 2.62% higher than the current price. The consensus rating is "Hold".
| Price Target | $201.50 |
| Price Target Difference | 2.62% |
| Analyst Consensus | Hold |
| Analyst Count | 4 |
| Revenue Growth Forecast (5Y) | 5.67% |
| EPS Growth Forecast (5Y) | 7.53% |
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 7.41 and a Piotroski F-Score of 5.
| Altman Z-Score | 7.41 |
| Piotroski F-Score | 5 |