Watts Water Technologies ... (WTS)
Watts Water Statistics
Share Statistics
Watts Water has 33.38M shares outstanding. The number of shares has increased by -0.17% in one year.
| Shares Outstanding | 33.38M |
| Shares Change (YoY) | -0.17% |
| Shares Change (QoQ) | -0.05% |
| Owned by Institutions (%) | 79.81% |
| Shares Floating | 32.9M |
| Failed to Deliver (FTD) Shares | 31 |
| FTD / Avg. Volume | 0.01% |
Short Selling Information
The latest short interest is 846.44K, so 2.54% of the outstanding shares have been sold short.
| Short Interest | 846.44K |
| Short % of Shares Out | 2.54% |
| Short % of Float | 4.79% |
| Short Ratio (days to cover) | 3.21 |
Valuation Ratios
The PE ratio is 23.39 and the forward PE ratio is 20.88. Watts Water's PEG ratio is 2.19.
| PE Ratio | 23.39 |
| Forward PE | 20.88 |
| PS Ratio | 3.02 |
| Forward PS | 2.6 |
| PB Ratio | 3.99 |
| P/FCF Ratio | 20.9 |
| PEG Ratio | 2.19 |
Enterprise Valuation
Watts Water has an Enterprise Value (EV) of 6.62B.
| EV / Sales | 2.94 |
| EV / EBITDA | 14.55 |
| EV / EBIT | 18.33 |
| EV / FCF | 20.32 |
Financial Position
The company has a current ratio of 2.59, with a Debt / Equity ratio of 0.12.
| Current Ratio | 2.59 |
| Quick Ratio | 1.65 |
| Debt / Equity | 0.12 |
| Debt / EBITDA | 0.43 |
| Debt / FCF | 0.6 |
| Interest Coverage | 26.56 |
Financial Efficiency
Return on Equity is 17.05% and Return on Invested Capital is 14.88%.
| Return on Equity | 17.05% |
| Return on Assets | 12.15% |
| Return on Invested Capital | 14.88% |
| Revenue Per Employee | $469.21K |
| Profits Per Employee | $60.67K |
| Employee Count | 4,800 |
| Asset Turnover | 0.94 |
| Inventory Turnover | 3.04 |
Taxes
| Income Tax | 94.8M |
| Effective Tax Rate | 24.56% |
Stock Price Statistics
The stock price has increased by -0.5% in the last 52 weeks. The beta is 0.95, so Watts Water's price volatility has been higher than the market average.
| Beta | 0.95 |
| 52-Week Price Change | -0.5% |
| 50-Day Moving Average | 207.17 |
| 200-Day Moving Average | 203.31 |
| Relative Strength Index (RSI) | 53.93 |
| Average Volume (20 Days) | 210.18K |
Income Statement
In the last 12 months, Watts Water had revenue of 2.25B and earned 291.2M in profits. Earnings per share was 8.69.
| Revenue | 2.25B |
| Gross Profit | 1.06B |
| Operating Income | 390.4M |
| Net Income | 291.2M |
| EBITDA | 455.1M |
| EBIT | 400.7M |
| Earnings Per Share (EPS) | 8.69 |
Balance Sheet
The company has 386.9M in cash and 197M in debt, giving a net cash position of 189.9M.
| Cash & Cash Equivalents | 386.9M |
| Total Debt | 197M |
| Net Cash | 189.9M |
| Retained Earnings | 1.18B |
| Total Assets | 2.4B |
| Working Capital | 665.6M |
Cash Flow
In the last 12 months, operating cash flow was 361.1M and capital expenditures -35.3M, giving a free cash flow of 325.8M.
| Operating Cash Flow | 361.1M |
| Capital Expenditures | -35.3M |
| Free Cash Flow | 325.8M |
| FCF Per Share | 9.73 |
Margins
Gross margin is 47.15%, with operating and profit margins of 17.33% and 12.93%.
| Gross Margin | 47.15% |
| Operating Margin | 17.33% |
| Pretax Margin | 17.14% |
| Profit Margin | 12.93% |
| EBITDA Margin | 20.21% |
| EBIT Margin | 17.33% |
| FCF Margin | 14.47% |
Dividends & Yields
WTS pays an annual dividend of $2.08, which amounts to a dividend yield of 0.8%.
| Dividend Per Share | $2.08 |
| Dividend Yield | 0.8% |
| Dividend Growth (YoY) | 19.44% |
| Payout Ratio | 23.94% |
| Earnings Yield | 4.28% |
| FCF Yield | 4.78% |
Analyst Forecast
The average price target for WTS is $225, which is 9.9% higher than the current price. The consensus rating is "Hold".
| Price Target | $225 |
| Price Target Difference | 9.9% |
| Analyst Consensus | Hold |
| Analyst Count | 5 |
Stock Splits
The last stock split was on Oct 19, 1999. It was a backward split with a ratio of 1801:2500.
| Last Split Date | Oct 19, 1999 |
| Split Type | backward |
| Split Ratio | 1801:2500 |
Scores
| Altman Z-Score | 8.45 |
| Piotroski F-Score | 6 |