Woodward
Market Cap
US$6.4b
Last Updated
2019/08/23 23:50 UTC
Data Sources
Company Financials +
Executive Summary
Woodward, Inc. designs, manufactures, and services control solutions for the aerospace and industrial markets worldwide.
Snowflake
Fundamentals
Proven track record with moderate growth potential.
Similar Companies
Share Price & News
How has Woodward's share price performed over time and what events caused price changes?
Latest Share Price and Events
Market Performance
7 Day Return
-3.1%
NasdaqGS:WWD
-2.5%
US Machinery
-1.6%
US Market
1 Year Return
30.1%
NasdaqGS:WWD
-9.9%
US Machinery
-3.0%
US Market
WWD outperformed the Machinery industry which returned -6% over the past year.
WWD outperformed the Market in United States of America which returned -0% over the past year.
Share holder returns
| WWD | Industry | Market | |
|---|---|---|---|
| 7 Day | -3.1% | -2.5% | -1.6% |
| 30 Day | -12.1% | -12.1% | -5.8% |
| 90 Day | -6.8% | -4.2% | 0.2% |
| 1 Year | 31.0%30.1% | -8.0%-9.9% | -0.8%-3.0% |
| 3 Year | 68.9%65.4% | 32.5%23.9% | 38.0%29.1% |
| 5 Year | 104.9%97.5% | 32.8%16.3% | 50.8%34.1% |
Price Volatility Vs. Market
How volatile is Woodward's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall St
We Think Woodward (NASDAQ:WWD) Can Stay On Top Of Its Debt3 weeks ago | Simply Wall St
Can You Imagine How Chuffed Woodward's (NASDAQ:WWD) Shareholders Feel About Its 131% Share Price Gain?1 month ago | Simply Wall St
Could The Woodward, Inc. (NASDAQ:WWD) Ownership Structure Tell Us Something Useful?Valuation
Is Woodward undervalued based on future cash flows and its price relative to the stock market?
16%
Discount to future cash flow value
Intrinsic Value Based on Future Cash Flows
Woodward's share price is below the future cash flow value, but not at a moderate discount (< 20%).
Woodward's share price is below the future cash flow value, but not at a substantial discount (< 40%).
Price Based on Earnings
Woodward is overvalued based on earnings compared to the US Machinery industry average.
Woodward is overvalued based on earnings compared to the United States of America market.
Price Based on Expected Growth
Woodward is poor value based on expected growth next year.
Price Based on Value of Assets
Woodward is overvalued based on assets compared to the US Machinery industry average.
Next Steps
Future Growth
How is Woodward expected to perform in the next 1 to 3 years based on estimates from 8 analysts?
20.3%
Forecasted annual earnings growth
Earnings and Revenue Growth Estimates
Future Annual Growth Analysis
Woodward's revenue is expected to grow by 6.6% yearly, however this is not considered high growth (20% yearly).
Woodward's earnings are expected to grow significantly at over 20% yearly.
Woodward's revenue growth is positive but not above the United States of America market average.
Woodward's earnings growth is expected to exceed the United States of America market average.
Woodward's earnings growth is expected to exceed the low risk savings rate of 2.7%.
Earnings per Share Growth Estimates
Future Return on Equity
Woodward is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
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Past Performance
How has Woodward performed over the past 5 years?
5.6%
Historical annual earnings growth
Earnings and Revenue History
Past Earnings Growth Analysis
Woodward's year on year earnings growth rate has been positive over the past 5 years.
Woodward's 1-year earnings growth exceeds its 5-year average (59% vs 5.6%)
Woodward's earnings growth has exceeded the US Machinery industry average in the past year (59% vs 17.5%).
Return on Equity
Woodward has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
Return on Assets
Woodward used its assets more efficiently than the US Machinery industry average last year based on Return on Assets.
Return on Capital Employed
Woodward's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
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Financial Health
How is Woodward's financial position?
Financial Position Analysis
Woodward is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
Woodward's long term commitments exceed its cash and other short term assets.
Debt to Equity History and Analysis
Woodward's level of debt (70.1%) compared to net worth is high (greater than 40%).
The level of debt compared to net worth has increased over the past 5 years (58.7% vs 70.1% today).
Debt is well covered by operating cash flow (29.8%, greater than 20% of total debt).
Interest payments on debt are well covered by earnings (EBIT is 10.3x coverage).
Balance Sheet
High level of physical assets or inventory.
Debt is covered by short term assets, assets are 1.1x debt.
Next Steps
Dividend
What is Woodward's current dividend yield, its reliability and sustainability?
0.52%
Expected Dividend Yield
Dividend Yield and Payments Analysis
Woodward's pays a lower dividend yield than the bottom 25% of dividend payers in United States of America (1.49%).
Woodward's dividend is below the markets top 25% of dividend payers in United States of America (3.82%).
Woodward is not paying a notable dividend for United States of America, therefore no need to check if the payments are stable.
Woodward is not paying a notable dividend for United States of America, therefore no need to check if the payments are increasing.
Current Payout to Shareholders
No need to calculate the sustainability of Woodward's dividends as it is not paying a notable one for United States of America.
Future Payout to Shareholders
No need to calculate the sustainability of Woodward's dividends in 3 years as they are not expected to pay a notable one for United States of America.
Next Steps
Management
What is the CEO of Woodward's salary, the management and board of directors tenure and is there insider trading?
8.2yrs
Average management tenure
CEO
Tom Gendron (58yo)
14.1yrs
Tenure
US$6,101,564
Compensation
Mr. Thomas A. Gendron, also known as Tom, has been the President and Chief Executive Officer of Woodward, Inc. since July 1, 2005 and September 2002 respectively. Previously, Mr. Gendron served as Chief Op ...
CEO Compensation Analysis
Tom's remuneration is about average for companies of similar size in United States of America.
Tom's compensation has been consistent with company performance over the past year, both up more than 20%.
Management Age and Tenure
8.2yrs
Average Tenure
54yo
Average Age
The average tenure for the Woodward management team is over 5 years, this suggests they are a seasoned and experienced team.
Board Age and Tenure
9.6yrs
Average Tenure
62.5yo
Average Age
The tenure for the Woodward board of directors is about average.
Insider Trading
No 3 month open market individual insider trading information.
Recent Insider Transactions
| Entity | Individual |
| Role | Member of the Board of Directors Director |
| Shares | 7,000 |
| Max Price | US$95.92 |
Ownership Breakdown
Management Team
Tom Gendron (58yo)
Chairman
- Tenure: 14.1yrs
- Compensation: US$6.10m
A. Fawzy (49yo)
Corporate VP
- Tenure: 10.0yrs
- Compensation: US$1.30m
Robert Weber (65yo)
Vice Chairman
- Tenure: 7.9yrs
- Compensation: US$1.88m
Chad Preiss (54yo)
Business Unit President of Engine & Turbine Controls
- Tenure: 2.8yrs
- Compensation: US$1.35m
Jack Thayer (48yo)
Vice Chairman of Corporate Operations
- Tenure: 0.6yrs
- Compensation: US$274.41k
Tom Cromwell (50yo)
Vice Chairman & COO
- Tenure: 0.5yrs
Steven Meyer (59yo)
Corporate Vice President of Human Resources
- Tenure: 9.8yrs
Sagar Patel (53yo)
Business Unit President of Fuel Systems & Controls
- Tenure: 8.2yrs
- Compensation: US$1.49m
John Tysver (57yo)
Corporate Vice President of Technology
- Tenure: 2.8yrs
Don Guzzardo
VP of Investor Relations & Treasurer
- Tenure: 0.0yrs
Board Members
Gregg Sengstack (61yo)
Director
- Tenure: 7.9yrs
- Compensation: US$284.41k
John Cohn (65yo)
Lead Director
- Tenure: 1.8yrs
- Compensation: US$285.28k
Paul Donovan (71yo)
Director
- Tenure: 19.6yrs
- Compensation: US$274.41k
Tom Gendron (58yo)
Chairman
- Tenure: 14.1yrs
- Compensation: US$6.10m
Jim Rulseh (64yo)
Director
- Tenure: 17.3yrs
- Compensation: US$282.03k
Mary Petrovich (56yo)
Director
- Tenure: 17.1yrs
- Compensation: US$280.41k
Robert Weber (65yo)
Vice Chairman
- Tenure: 7.9yrs
- Compensation: US$1.88m
Eileen Drake (52yo)
Director
- Tenure: 2.5yrs
- Compensation: US$274.41k
Ronald Sega (66yo)
Director
- Tenure: 11.3yrs
- Compensation: US$274.41k
Dan Korte (58yo)
Director
- Tenure: 2.5yrs
- Compensation: US$274.41k
Company Information
Woodward, Inc.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Woodward, Inc.
- Ticker: WWD
- Exchange: NasdaqGS
- Founded: 1870
- Industry: Industrial Machinery
- Sector: Capital Goods
- Market Cap: US$6.378b
- Shares outstanding: 61.85m
- Website: https://www.woodward.com
Number of Employees
Location
- Woodward, Inc.
- 1081 Woodward Way
- Fort Collins
- Colorado
- 80524
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| WWD | NasdaqGS (Nasdaq Global Select) | Yes | Common Stock | US | USD | Dec 1972 |
| WW1 | DB (Deutsche Boerse AG) | Yes | Common Stock | DE | EUR | Dec 1972 |
Biography
Woodward, Inc. designs, manufactures, and services control solutions for the aerospace and industrial markets worldwide. The company’s Aerospace segment offers fuel pumps, metering units, actuators, air va ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2019/08/23 23:50 |
| End of Day Share Price | 2019/08/23 00:00 |
| Earnings | 2019/06/30 |
| Annual Earnings | 2018/09/30 |
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.