Waters Corporation (WAT)
Waters Statistics
Share Statistics
Waters has 59.41M shares outstanding. The number of shares has increased by 0.29% in one year.
| Shares Outstanding | 59.41M |
| Shares Change (YoY) | 0.29% |
| Shares Change (QoQ) | 0.02% |
| Owned by Institutions (%) | 99.99% |
| Shares Floating | 59.28M |
| Failed to Deliver (FTD) Shares | 18 |
| FTD / Avg. Volume | < 0.01% |
Short Selling Information
The latest short interest is 1.69M, so 2.84% of the outstanding shares have been sold short.
| Short Interest | 1.69M |
| Short % of Shares Out | 2.84% |
| Short % of Float | 2.84% |
| Short Ratio (days to cover) | 3.56 |
Valuation Ratios
The PE ratio is 34.51 and the forward PE ratio is 31.99. Waters's PEG ratio is -31.26.
| PE Ratio | 34.51 |
| Forward PE | 31.99 |
| PS Ratio | 7.44 |
| Forward PS | 5.5 |
| PB Ratio | 12.04 |
| P/FCF Ratio | 35.52 |
| PEG Ratio | -31.26 |
Enterprise Valuation
Waters Corporation has an Enterprise Value (EV) of 21.41B.
| EV / Earnings | 33.57 |
| EV / Sales | 7.24 |
| EV / EBITDA | 20.66 |
| EV / EBIT | 25.91 |
| EV / FCF | 34.55 |
Financial Position
The company has a current ratio of 2.11, with a Debt / Equity ratio of 0.93.
| Current Ratio | 2.11 |
| Quick Ratio | 1.51 |
| Debt / Equity | 0.93 |
| Total Debt / Capitalization | 48.21 |
| Cash Flow / Debt | 0.45 |
| Interest Coverage | 9.21 |
Financial Efficiency
Return on equity (ROE) is 0.35% and return on capital (ROIC) is 19.78%.
| Return on Equity (ROE) | 0.35% |
| Return on Assets (ROA) | 0.14% |
| Return on Capital (ROIC) | 19.78% |
| Revenue Per Employee | $389,261.45 |
| Profits Per Employee | $83,925.53 |
| Employee Count | 7,600 |
| Asset Turnover | 0.65 |
| Inventory Turnover | 1.57 |
Taxes
| Income Tax | 117.03M |
| Effective Tax Rate | 0.16 |
Stock Price Statistics
The stock price has increased by 5.05% in the last 52 weeks. The beta is 1, so Waters's price volatility has been higher than the market average.
| Beta | 1 |
| 52-Week Price Change | 5.05% |
| 50-Day Moving Average | 388.22 |
| 200-Day Moving Average | 354.56 |
| Relative Strength Index (RSI) | 40.97 |
| Average Volume (20 Days) | 465.77K |
Income Statement
In the last 12 months, Waters had revenue of 2.96B and earned 637.83M in profits. Earnings per share was 10.75.
| Revenue | 2.96B |
| Gross Profit | 2.21B |
| Operating Income | 826.35M |
| Net Income | 637.83M |
| EBITDA | 1.04B |
| EBIT | 826.35M |
| Earnings Per Share (EPS) | 10.75 |
Balance Sheet
The company has 324.42M in cash and 1.7B in debt, giving a net cash position of -1.38B.
| Cash & Cash Equivalents | 324.42M |
| Total Debt | 1.7B |
| Net Cash | -1.38B |
| Retained Earnings | 9.79B |
| Total Assets | 4.55B |
| Working Capital | 879.35M |
Cash Flow
In the last 12 months, operating cash flow was 762.12M and capital expenditures -142.48M, giving a free cash flow of 619.64M.
| Operating Cash Flow | 762.12M |
| Capital Expenditures | -142.48M |
| Free Cash Flow | 619.64M |
| FCF Per Share | 10.44 |
Margins
Gross margin is 74.72%, with operating and profit margins of 27.93% and 21.56%.
| Gross Margin | 74.72% |
| Operating Margin | 27.93% |
| Pretax Margin | 25.52% |
| Profit Margin | 21.56% |
| EBITDA Margin | 35.03% |
| EBIT Margin | 27.93% |
| FCF Margin | 20.95% |
Dividends & Yields
WAT does not appear to pay any dividends at this time.
| Dividend Per Share | n/a |
| Dividend Yield | n/a |
| Dividend Growth (YoY) | n/a |
| Payout Ratio | n/a |
| Earnings Yield | 2.97% |
| FCF Yield | 2.88% |
Analyst Forecast
The average price target for WAT is $408.5, which is 13% higher than the current price. The consensus rating is "Hold".
| Price Target | $408.5 |
| Price Target Difference | 13% |
| Analyst Consensus | Hold |
| Analyst Count | 14 |
Stock Splits
The last stock split was on Aug 28, 2000. It was a forward split with a ratio of 2:1.
| Last Split Date | Aug 28, 2000 |
| Split Type | forward |
| Split Ratio | 2:1 |
Scores
| Altman Z-Score | 6.3 |
| Piotroski F-Score | 6 |