NasdaqGS:AMWD

Stock Analysis Report

Executive Summary

American Woodmark Corporation manufactures and distributes kitchen, bath, and home organization products for the remodelling and new home construction markets in the United States.

Snowflake

Solid track record with mediocre balance sheet.


Similar Companies

Share Price & News

How has American Woodmark's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: AMWD's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

0.07%

AMWD

0.7%

US Building

0.4%

US Market


1 Year Return

59.0%

AMWD

26.1%

US Building

13.1%

US Market

Return vs Industry: AMWD exceeded the US Building industry which returned 26.1% over the past year.

Return vs Market: AMWD exceeded the US Market which returned 13.1% over the past year.


Shareholder returns

AMWDIndustryMarket
7 Day0.07%0.7%0.4%
30 Day5.4%5.5%4.0%
90 Day35.2%11.3%7.4%
1 Year59.0%59.0%28.2%26.1%15.6%13.1%
3 Year24.7%24.7%25.2%19.2%48.2%38.6%
5 Year150.4%150.4%52.6%32.5%62.6%44.6%

Price Volatility Vs. Market

How volatile is American Woodmark's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is American Woodmark undervalued compared to its fair value and its price relative to the market?

6.0%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: AMWD ($99.56) is trading below our estimate of fair value ($105.93)

Significantly Below Fair Value: AMWD is trading below fair value, but not by a significant amount.


Price To Earnings Ratio

PE vs Industry: AMWD is good value based on its PE Ratio (19.9x) compared to the Building industry average (22.7x).

PE vs Market: AMWD is poor value based on its PE Ratio (19.9x) compared to the US market (18.2x).


Price to Earnings Growth Ratio

PEG Ratio: AMWD is poor value based on its PEG Ratio (1x)


Price to Book Ratio

PB vs Industry: AMWD is overvalued based on its PB Ratio (2.6x) compared to the US Building industry average (2.4x).


Next Steps

Future Growth

How is American Woodmark forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?

19.0%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: AMWD's forecast earnings growth (19% per year) is above the savings rate (2.7%).

Earnings vs Market: AMWD's earnings (19% per year) are forecast to grow faster than the US market (14.3% per year).

High Growth Earnings: AMWD's earnings are forecast to grow, but not significantly.

Revenue vs Market: AMWD's revenue (4.1% per year) is forecast to grow slower than the US market (7.3% per year).

High Growth Revenue: AMWD's revenue (4.1% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if AMWD's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has American Woodmark performed over the past 5 years?

18.0%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: AMWD has high quality earnings.

Growing Profit Margin: AMWD's current net profit margins (5.2%) are higher than last year (4.7%).


Past Earnings Growth Analysis

Earnings Trend: AMWD's earnings have grown by 18% per year over the past 5 years.

Accelerating Growth: AMWD's earnings growth over the past year (30.7%) exceeds its 5-year average (18% per year).

Earnings vs Industry: AMWD earnings growth over the past year (30.7%) exceeded the Building industry -9%.


Return on Equity

High ROE: AMWD's Return on Equity (13.2%) is considered low.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is American Woodmark's financial position?


Financial Position Analysis

Short Term Liabilities: AMWD's short term assets ($318.2M) exceeds its short term liabilities ($180.4M)

Long Term Liabilities: AMWD's short term assets (318.2M) do not cover its long term liabilities (791.8M)


Debt to Equity History and Analysis

Debt Level: AMWD's debt to equity ratio (98.8%) is considered high

Reducing Debt: AMWD's debt to equity ratio has increased from 10.3% to 98.8% over the past 5 years.

Debt Coverage: AMWD's debt is well covered by operating cash flow (31.2%).

Interest Coverage: AMWD's interest payments on its debt are well covered by EBIT (4.2x coverage).


Balance Sheet

Inventory Level: AMWD has a high level of physical assets or inventory.

Debt Coverage by Assets: AMWD's debt is not covered by short term assets (assets are 0.5x debt).


Next Steps

Dividend

What is American Woodmark's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

company0%marketbottom25%1.4%markettop25%3.7%industryaverage1.7%forecastin3Years0%

Current dividend yield vs market & industry

Notable Dividend: Unable to evaluate AMWD's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate AMWD's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if AMWD's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if AMWD's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: AMWD is not paying a notable dividend for the US market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of AMWD's dividend in 3 years as they are not forecast to pay a notable one for the US market.


Next Steps

Management

What is the CEO of American Woodmark's salary, the management and board of directors tenure and is there insider trading?

4.3yrs

Average management tenure


CEO

S. Dunston (54yo)

4.3yrs

Tenure

US$3,019,389

Compensation

Mr. S. Cary Dunston has been the Chief Executive Officer of American Woodmark Corp. since August 26, 2015 and has been its President since August 22, 2014. Mr. Dunston served as the Chief Operating Officer ...


CEO Compensation Analysis

Compensation vs Market: S.'s total compensation ($USD3.02M) is about average for companies of similar size in the US market ($USD3.98M).

Compensation vs Earnings: S.'s compensation has increased by more than 20% in the past year.


Management Age and Tenure

4.3yrs

Average Tenure

53.5yo

Average Age

Experienced Management: AMWD's management team is considered experienced (4.3 years average tenure).


Board Age and Tenure

9.9yrs

Average Tenure

57yo

Average Age

Experienced Board: AMWD's board of directors are considered experienced (9.9 years average tenure).


Insider Trading

Insider Buying: AMWD insiders have only sold shares in the past 3 months.


Recent Insider Transactions

SellUS$79,60523 Sep 19
Vance Tang
EntityIndividual
Role
Member of the Board of Directors
Independent Director
Shares900
Max PriceUS$88.45
BuyUS$82,83921 Dec 18
S. Dunston
EntityIndividual
Role
Chief Executive Officer
Chairman
Shares1,500
Max PriceUS$55.23
BuyUS$151,33013 Dec 18
S. Dunston
EntityIndividual
Role
Chief Executive Officer
Chairman
Shares2,500
Max PriceUS$60.53
BuyUS$36,60012 Dec 18
M. Culbreth
EntityIndividual
Role
Chief Financial Officer
CFO, Senior VP & Corporate Secretary
Shares600
Max PriceUS$61.00

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Management Team

  • Glenn Eanes

    VP & Treasurer

    • Tenure: 0yrs
  • S. Dunston (54yo)

    Chairman

    • Tenure: 4.3yrs
    • Compensation: US$3.02m
  • Rob Adams (53yo)

    Senior Vice President of Value Stream Operations

    • Tenure: 4.3yrs
    • Compensation: US$992.37k
  • Roger Campbell (54yo)

    Senior Vice President of Sales & Marketing

    • Tenure: 3.7yrs
    • Compensation: US$1.04m
  • M. Culbreth (48yo)

    CFO, Senior VP & Corporate Secretary

    • Tenure: 5.8yrs
    • Compensation: US$1.27m

Board Members

  • Daniel Hendrix (64yo)

    Independent Director

    • Tenure: 14.5yrs
    • Compensation: US$137.20k
  • Carol Moerdyk (69yo)

    Lead Independent Director

    • Tenure: 0.8yrs
    • Compensation: US$137.20k
  • Dally Hayes (68yo)

    Independent Director

    • Tenure: 24.8yrs
    • Compensation: US$137.20k
  • Andrew Cogan (56yo)

    Independent Director

    • Tenure: 10.7yrs
    • Compensation: US$152.20k
  • James Davis (62yo)

    Independent Director

    • Tenure: 17.8yrs
    • Compensation: US$147.20k
  • David Moon (57yo)

    Independent Director

    • Tenure: 4yrs
    • Compensation: US$137.20k
  • S. Dunston (54yo)

    Chairman

    • Tenure: 4.3yrs
    • Compensation: US$3.02m
  • Vance Tang (52yo)

    Independent Director

    • Tenure: 9.9yrs
    • Compensation: US$147.20k
  • Teresa May (54yo)

    Independent Director

    • Tenure: 1yrs
    • Compensation: US$35.00k

Company Information

American Woodmark Corporation's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: American Woodmark Corporation
  • Ticker: AMWD
  • Exchange: NasdaqGS
  • Founded: 1980
  • Industry: Building Products
  • Sector: Capital Goods
  • Market Cap: US$1.685b
  • Shares outstanding: 16.92m
  • Website: https://www.americanwoodmark.com

Number of Employees


Location

  • American Woodmark Corporation
  • 561 Shady Elm Road
  • Winchester
  • Virginia
  • 22602
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
AMWDNasdaqGS (Nasdaq Global Select)YesCommon StockUSUSDJul 1986
AHQDB (Deutsche Boerse AG)YesCommon StockDEEURJul 1986

Biography

American Woodmark Corporation manufactures and distributes kitchen, bath, and home organization products for the remodelling and new home construction markets in the United States. The company offers made- ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/11/13 23:31
End of Day Share Price2019/11/13 00:00
Earnings2019/07/31
Annual Earnings2019/04/30


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.