Watts Water Technologies Statistics
Total Valuation
WTS has a market cap or net worth of $6.80 billion. The enterprise value is $6.66 billion.
| Market Cap | 6.80B |
| Enterprise Value | 6.66B |
Important Dates
The next estimated earnings date is Wednesday, May 7, 2025, after market close.
| Earnings Date | May 7, 2025 |
| Ex-Dividend Date | Feb 28, 2025 |
Share Statistics
WTS has 33.32 million shares outstanding.
| Current Share Class | 27.36M |
| Shares Outstanding | 33.32M |
| Shares Change (YoY) | n/a |
| Shares Change (QoQ) | n/a |
| Owned by Insiders (%) | 18.90% |
| Owned by Institutions (%) | 83.40% |
| Float | 27.00M |
Valuation Ratios
The trailing PE ratio is 23.47 and the forward PE ratio is 22.32. WTS's PEG ratio is 3.24.
| PE Ratio | 23.47 |
| Forward PE | 22.32 |
| PS Ratio | 3.11 |
| Forward PS | 2.98 |
| PB Ratio | 4.08 |
| P/TBV Ratio | 8.97 |
| P/FCF Ratio | 20.87 |
| P/OCF Ratio | 18.83 |
| PEG Ratio | 3.24 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 14.73, with an EV/FCF ratio of 20.44.
| EV / Earnings | 22.87 |
| EV / Sales | 2.96 |
| EV / EBITDA | 14.73 |
| EV / EBIT | 16.75 |
| EV / FCF | 20.44 |
Financial Position
The company has a current ratio of 2.59, with a Debt / Equity ratio of 0.15.
| Current Ratio | 2.59 |
| Quick Ratio | 1.54 |
| Debt / Equity | 0.15 |
| Debt / EBITDA | 0.53 |
| Debt / FCF | 0.77 |
| Interest Coverage | 27.05 |
Financial Efficiency
Return on equity (ROE) is 18.08% and return on invested capital (ROIC) is 13.18%.
| Return on Equity (ROE) | 18.08% |
| Return on Assets (ROA) | 10.56% |
| Return on Invested Capital (ROIC) | 13.18% |
| Return on Capital Employed (ROCE) | 20.09% |
| Revenue Per Employee | $469,208 |
| Profits Per Employee | $60,667 |
| Employee Count | 4,800 |
| Asset Turnover | 0.96 |
| Inventory Turnover | 3.01 |
Taxes
In the past 12 months, WTS has paid $94.80 million in taxes.
| Income Tax | 94.80M |
| Effective Tax Rate | 24.56% |
Stock Price Statistics
The stock price has decreased by -3.59% in the last 52 weeks. The beta is 0.93, so WTS's price volatility has been similar to the market average.
| Beta (5Y) | 0.93 |
| 52-Week Price Change | -3.59% |
| 50-Day Moving Average | 211.36 |
| 200-Day Moving Average | 202.36 |
| Relative Strength Index (RSI) | 41.16 |
| Average Volume (20 Days) | 219,827 |
Short Selling Information
The latest short interest is 779,472, so 2.34% of the outstanding shares have been sold short.
| Short Interest | 779,472 |
| Short Previous Month | 727,545 |
| Short % of Shares Out | 2.34% |
| Short % of Float | 2.89% |
| Short Ratio (days to cover) | 4.80 |
Income Statement
In the last 12 months, WTS had revenue of $2.25 billion and earned $291.20 million in profits. Earnings per share was $8.69.
| Revenue | 2.25B |
| Gross Profit | 1.06B |
| Operating Income | 397.60M |
| Pretax Income | 370.10M |
| Net Income | 291.20M |
| EBITDA | 452.00M |
| EBIT | 397.60M |
| Earnings Per Share (EPS) | $8.69 |
Balance Sheet
The company has $389.80 million in cash and $250.90 million in debt, giving a net cash position of $138.90 million or $4.17 per share.
| Cash & Cash Equivalents | 389.80M |
| Total Debt | 250.90M |
| Net Cash | 138.90M |
| Net Cash Per Share | $4.17 |
| Equity (Book Value) | 1.71B |
| Book Value Per Share | 51.26 |
| Working Capital | 665.60M |
Cash Flow
In the last 12 months, operating cash flow was $361.10 million and capital expenditures -$35.30 million, giving a free cash flow of $325.80 million.
| Operating Cash Flow | 361.10M |
| Capital Expenditures | -35.30M |
| Free Cash Flow | 325.80M |
| FCF Per Share | $9.78 |
Margins
Gross margin is 47.15%, with operating and profit margins of 17.65% and 12.93%.
| Gross Margin | 47.15% |
| Operating Margin | 17.65% |
| Pretax Margin | 17.14% |
| Profit Margin | 12.93% |
| EBITDA Margin | 20.07% |
| EBIT Margin | 17.65% |
| FCF Margin | 14.47% |
Dividends & Yields
This stock pays an annual dividend of $1.72, which amounts to a dividend yield of 0.84%.
| Dividend Per Share | $1.72 |
| Dividend Yield | 0.84% |
| Dividend Growth (YoY) | 19.44% |
| Years of Dividend Growth | 10 |
| Payout Ratio | 19.79% |
| Buyback Yield | -0.30% |
| Shareholder Yield | 0.54% |
| Earnings Yield | 4.28% |
| FCF Yield | 4.79% |
Analyst Forecast
The average price target for WTS is $220.00, which is 7.85% higher than the current price. The consensus rating is "Hold".
| Price Target | $220.00 |
| Price Target Difference | 7.85% |
| Analyst Consensus | Hold |
| Analyst Count | 5 |
| Revenue Growth Forecast (5Y) | 3.89% |
| EPS Growth Forecast (5Y) | 7.55% |
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 8.35 and a Piotroski F-Score of 6.
| Altman Z-Score | 8.35 |
| Piotroski F-Score | 6 |