NYSE:AQUA

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Evoqua Water Technologies

Executive Summary

Evoqua Water Technologies Corp. provides a range of water and wastewater treatment systems and technologies, and mobile and emergency water supply solutions and services for industrial, commercial, and municipal water treatment markets. More Details


Snowflake Analysis

Questionable track record and overvalued.

Share Price & News

How has Evoqua Water Technologies's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: AQUA has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

7.3%

AQUA

1.8%

US Machinery

1.3%

US Market


1 Year Return

20.0%

AQUA

11.9%

US Machinery

15.8%

US Market

Return vs Industry: AQUA exceeded the US Machinery industry which returned 9% over the past year.

Return vs Market: AQUA exceeded the US Market which returned 13.8% over the past year.


Shareholder returns

AQUAIndustryMarket
7 Day7.3%1.8%1.3%
30 Day-2.0%-1.8%-4.1%
90 Day9.8%12.5%8.4%
1 Year20.0%20.0%14.0%11.9%18.4%15.8%
3 Yearn/a19.5%11.7%38.2%29.0%
5 Yearn/a95.7%73.7%84.9%64.0%

Price Volatility Vs. Market

How volatile is Evoqua Water Technologies's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Evoqua Water Technologies undervalued compared to its fair value and its price relative to the market?

13.4%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: AQUA ($20.43) is trading below our estimate of fair value ($23.6)

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


Price To Earnings Ratio

PE vs Industry: AQUA is poor value based on its PE Ratio (28.2x) compared to the US Machinery industry average (24.3x).

PE vs Market: AQUA is poor value based on its PE Ratio (28.2x) compared to the US market (17.6x).


Price to Earnings Growth Ratio

PEG Ratio: AQUA is poor value based on its PEG Ratio (4x)


Price to Book Ratio

PB vs Industry: AQUA is overvalued based on its PB Ratio (5.4x) compared to the US Machinery industry average (2x).


Next Steps

Future Growth

How is Evoqua Water Technologies forecast to perform in the next 1 to 3 years based on estimates from 10 analysts?

7.1%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: AQUA's forecast earnings growth (7.1% per year) is above the savings rate (2.2%).

Earnings vs Market: AQUA's earnings (7.1% per year) are forecast to grow slower than the US market (22.9% per year).

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

Revenue vs Market: AQUA's revenue (4.9% per year) is forecast to grow slower than the US market (9.9% per year).

High Growth Revenue: AQUA's revenue (4.9% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: AQUA's Return on Equity is forecast to be low in 3 years time (12.8%).


Next Steps

Past Performance

How has Evoqua Water Technologies performed over the past 5 years?

73.4%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: AQUA has a large one-off gain of $32.7M impacting its June 30 2020 financial results.

Growing Profit Margin: AQUA became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: AQUA has become profitable over the past 5 years, growing earnings by 73.4% per year.

Accelerating Growth: AQUA has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: AQUA has become profitable in the last year, making it difficult to compare its past year earnings growth to the Machinery industry (-12.7%).


Return on Equity

High ROE: AQUA's Return on Equity (19%) is considered low.


Next Steps

Financial Health

How is Evoqua Water Technologies's financial position?


Financial Position Analysis

Short Term Liabilities: AQUA's short term assets ($642.7M) exceed its short term liabilities ($335.3M).

Long Term Liabilities: AQUA's short term assets ($642.7M) do not cover its long term liabilities ($995.3M).


Debt to Equity History and Analysis

Debt Level: AQUA's debt to equity ratio (194.5%) is considered high.

Reducing Debt: Insufficient data to determine if AQUA's debt to equity ratio has reduced over the past 5 years.

Debt Coverage: AQUA's debt is not well covered by operating cash flow (17.6%).

Interest Coverage: AQUA's interest payments on its debt are not well covered by EBIT (2.3x coverage).


Balance Sheet


Next Steps

Dividend

What is Evoqua Water Technologies's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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


Stability and Growth of Payments

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

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


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

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


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

3.7yrs

Average management tenure


CEO

Ron Keating (51 yo)

5.75yrs

Tenure

US$3,291,385

Compensation

Mr. Ronald C. Keating, also known as Ron, has been President, Chief Executive Officer and Director of EWT Holdings I Corp. since December 2014. Mr. Keating has been Chief Executive Officer and President of ...


CEO Compensation Analysis

Compensation vs Market: Ron's total compensation ($USD3.29M) is about average for companies of similar size in the US market ($USD4.61M).

Compensation vs Earnings: Ron's compensation has been consistent with company performance over the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Ronald Keating
President5.75yrsUS$3.29m0.28%
$ 6.8m
Benedict Stas
Executive VP5.5yrsUS$1.17m0.12%
$ 2.9m
Rodney Aulick
Executive VP of Integrated Solutions & President of Services Segmentno dataUS$807.05k0.060%
$ 1.4m
Snehal Desai
Executive VP & Chief Growth Officer2.67yrsUS$736.08k0.013%
$ 322.3k
Hervé Fages
Executive VP & President of Applied Product Technologies Segment1.5yrsUS$1.00m0.023%
$ 553.8k
James Kohosek
Executive VP & Chief Administrative Officer2.67yrsUS$1.06m0.044%
$ 1.1m
Daniel Brailer
Vice President of Investor Relations2.83yrsno datano data
Vincent Grieco
Executive VP5.67yrsUS$628.48k0.030%
$ 709.7k
Anthony Webster
Executive VP & Chief Human Resources Officer4.5yrsUS$2.50m0.055%
$ 1.3m

3.7yrs

Average Tenure

52yo

Average Age

Experienced Management: AQUA's management team is considered experienced (3.7 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Ronald Keating
President5.75yrsUS$3.29m0.28%
$ 6.8m
Peter Wilver
Independent Director2.67yrsUS$195.00k0.011%
$ 259.1k
Lisa Glatch
Director0.58yrno datano data
Gary Cappeline
Independent Director6.67yrsUS$168.23k0.0067%
$ 161.1k
Lynn Swann
Independent Director2.33yrsUS$181.00k0.019%
$ 446.6k
Brian Hoesterey
Director6.67yrsno datano data
Vinay Kumar
Director6.67yrsno datano data
Judd Gregg
Independent Director6.5yrsUS$179.00k0.011%
$ 259.3k
Harbhajan Bhambri
Independent Director6.5yrsUS$185.00k0.13%
$ 3.0m
Martin Lamb
Independent Non-Executive Chairman6.5yrsUS$241.50k0.28%
$ 6.7m

6.5yrs

Average Tenure

58.5yo

Average Age

Experienced Board: AQUA's board of directors are considered experienced (6.5 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 2.5%.


Top Shareholders

Company Information

Evoqua Water Technologies Corp.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Evoqua Water Technologies Corp.
  • Ticker: AQUA
  • Exchange: NYSE
  • Founded: 2013
  • Industry: Industrial Machinery
  • Sector: Capital Goods
  • Market Cap: US$2.394b
  • Shares outstanding: 117.20m
  • Website: https://www.evoqua.com

Number of Employees


Location

  • Evoqua Water Technologies Corp.
  • 210 Sixth Avenue
  • Pittsburgh
  • Pennsylvania
  • 15222
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
AQUANYSE (New York Stock Exchange)YesCommon StockUSUSDNov 2017
E0WDB (Deutsche Boerse AG)YesCommon StockDEEURNov 2017

Biography

Evoqua Water Technologies Corp. provides a range of water and wastewater treatment systems and technologies, and mobile and emergency water supply solutions and services for industrial, commercial, and mun ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/09/28 23:32
End of Day Share Price2020/09/28 00:00
Earnings2020/06/30
Annual Earnings2019/09/30


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.