Curtiss-Wright (NYSE:CW) - Share price, News & Analysis

CW fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	1/6
Past Performance	4/6
Financial Health	4/6
Dividends	0/6

CW Stock Overview

Rewards

Trading at 57.5% below our estimate of its fair value

Earnings are forecast to grow 7.64% per year

Earnings have grown 2.4% per year over the past 5 years

Risk Analysis

Has a high level of debt

Significant insider selling over the past 3 months

Curtiss-Wright Competitors

Raytheon Technologies

NYSE:RTX

US$143.4b

Lockheed Martin

NYSE:LMT

US$120.1b

Northrop Grumman

NYSE:NOC

US$73.2b

General Dynamics

NYSE:GD

US$62.8b

Price History & Performance

Summary of all time highs, changes and price drops for Curtiss-Wright
Historical stock prices
Current Share Price	US$144.49
52 Week High	US$162.98
52 Week Low	US$111.26
Beta	1.37
1 Month Change	-2.92%
3 Month Change	4.45%
1 Year Change	15.30%
3 Year Change	29.60%
5 Year Change	58.94%
Change since IPO	1,850.92%

Recent News & Updates

May 03

Slowing Rates Of Return At Curtiss-Wright (NYSE:CW) Leave Little Room For Excitement

Did you know there are some financial metrics that can provide clues of a potential multi-bagger? One common approach...

Apr 19

We Think Curtiss-Wright (NYSE:CW) Can Stay On Top Of Its Debt

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...

Shareholder Returns

	CW	US Aerospace & Defense	US Market
7D	3.0%	6.5%	6.2%
1Y	15.3%	5.9%	-11.4%

Return vs Industry: CW exceeded the US Aerospace & Defense industry which returned 5.9% over the past year.

Return vs Market: CW exceeded the US Market which returned -10.2% over the past year.

Price Volatility

Is CW's price volatile compared to industry and market?
CW volatility
CW Average Weekly Movement	4.3%
Aerospace & Defense Industry Average Movement	6.7%
Market Average Movement	7.8%
10% most volatile stocks in US Market	17.0%
10% least volatile stocks in US Market	2.8%

Stable Share Price: CW is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: CW's weekly volatility (4%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1929	7,800	Lynn Bamford	https://www.curtisswright.com

Curtiss-Wright Corporation, together with its subsidiaries, provides engineered products, solutions, and services to the aerospace, defense, general industrial, and power generation markets worldwide. worldwide. It operates through three segments: Aerospace & Industrial, Defense Electronics, and Naval & Power.

Curtiss-Wright Fundamentals Summary

How do Curtiss-Wright's earnings and revenue compare to its market cap?
CW fundamental statistics
Market Cap	US$5.55b
Earnings (TTM)	US$248.38m
Revenue (TTM)	US$2.47b

22.4x

P/E Ratio

2.3x

P/S Ratio

Is CW overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report
CW income statement (TTM)
Revenue	US$2.47b
Cost of Revenue	US$1.54b
Gross Profit	US$925.00m
Other Expenses	US$676.63m
Earnings	US$248.38m

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)	6.46
Gross Margin	37.47%
Net Profit Margin	10.06%
Debt/Equity Ratio	63.3%

How did CW perform over the long term?

See historical performance and comparison

Dividends

0.5%

Current Dividend Yield

12%

Payout Ratio

Does CW pay a reliable dividends?

See CW dividend history and benchmarks

When do you need to buy CW by to receive an upcoming dividend?
Curtiss-Wright dividend dates
Ex Dividend Date	Jun 16 2022
Dividend Pay Date	Jul 01 2022
Days until Ex dividend	18 days
Days until Dividend pay date	33 days

Does CW pay a reliable dividends?

See CW dividend history and benchmarks

Valuation

Is Curtiss-Wright undervalued compared to its fair value and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

Below Fair Value
Significantly Below Fair Value
PE vs Industry
PE vs Market
PEG Ratio
PB vs Industry

>50%

Undervalued compared to fair value

Share Price vs. Fair Value

Below Fair Value: CW ($144.49) is trading below our estimate of fair value ($339.65)

Significantly Below Fair Value: CW is trading below fair value by more than 20%.

Price To Earnings Ratio

PE vs Industry: CW is poor value based on its Price-To-Earnings Ratio (22.4x) compared to the US Aerospace & Defense industry average (21.5x).

PE vs Market: CW is poor value based on its Price-To-Earnings Ratio (22.4x) compared to the US market (15.6x).

Price to Earnings Growth Ratio

PEG Ratio: CW is poor value based on its PEG Ratio (2.9x)

Price to Book Ratio

PB vs Industry: CW is overvalued based on its Price-To-Book Ratio (3x) compared to the US Aerospace & Defense industry average (2.5x).

Future Growth

How is Curtiss-Wright forecast to perform in the next 1 to 3 years based on estimates from 7 analysts?

Future Growth Score

1/6

Future Growth Score 1/6

Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Future ROE

7.6%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts

Analyst Future Growth Forecasts

Earnings vs Savings Rate: CW's forecast earnings growth (7.6% per year) is above the savings rate (1.9%).

Earnings vs Market: CW's earnings (7.6% per year) are forecast to grow slower than the US market (13.2% per year).

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

Revenue vs Market: CW's revenue (4.9% per year) is forecast to grow slower than the US market (8.1% per year).

High Growth Revenue: CW'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: CW's Return on Equity is forecast to be low in 3 years time (16.5%).

Past Performance

How has Curtiss-Wright performed over the past 5 years?

Past Performance Score

4/6

Past Performance Score 4/6

Quality Earnings
Growing Profit Margin
Earnings Trend
Accelerating Growth
Earnings vs Industry
High ROE

2.4%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: CW has high quality earnings.

Growing Profit Margin: CW's current net profit margins (10.1%) are higher than last year (8.8%).

Past Earnings Growth Analysis

Earnings Trend: CW's earnings have grown by 2.4% per year over the past 5 years.

Accelerating Growth: CW's earnings growth over the past year (18.8%) exceeds its 5-year average (2.4% per year).

Earnings vs Industry: CW earnings growth over the past year (18.8%) underperformed the Aerospace & Defense industry 23.9%.

Return on Equity

High ROE: CW's Return on Equity (13.4%) is considered low.

Financial Health

How is Curtiss-Wright's financial position?

Financial Health Score

4/6

Financial Health Score 4/6

Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Debt Coverage
Interest Coverage

Financial Position Analysis

Short Term Liabilities: CW's short term assets ($1.3B) exceed its short term liabilities ($800.3M).

Long Term Liabilities: CW's short term assets ($1.3B) do not cover its long term liabilities ($1.4B).

Debt to Equity History and Analysis

Debt Level: CW's net debt to equity ratio (55.9%) is considered high.

Reducing Debt: CW's debt to equity ratio has reduced from 72.9% to 63.3% over the past 5 years.

Debt Coverage: CW's debt is well covered by operating cash flow (24.8%).

Interest Coverage: CW's interest payments on its debt are well covered by EBIT (9.8x coverage).

Balance Sheet

Dividend

What is Curtiss-Wright current dividend yield, its reliability and sustainability?

Dividend Score

0/6

Dividend Score 0/6

Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Future Dividend Coverage

0.50%

Current Dividend Yield

Upcoming Dividend Payment

Dividend Yield vs Market

Notable Dividend: CW's dividend (0.5%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.49%).

High Dividend: CW's dividend (0.5%) is low compared to the top 25% of dividend payers in the US market (3.92%).

Stability and Growth of Payments

Stable Dividend: CW is not paying a notable dividend for the US market, therefore no need to check if payments are stable.

Growing Dividend: CW is not paying a notable dividend for the US market, therefore no need to check if payments are increasing.

Earnings Payout to Shareholders

Earnings Coverage: CW is not paying a notable dividend for the US market.

Cash Payout to Shareholders

Cash Flow Coverage: CW is not paying a notable dividend for the US market.

Discover strong dividend paying companies

Management

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

4.4yrs

Average management tenure

CEO

Lynn Bamford (57 yo)

1.33yrs

Tenure

US$4,491,811

Compensation

Ms. Lynn M. Bamford served as the President at Curtiss-Wright Corporation since January 01, 2021 and serves as its Director and Chief Executive Officer since January 01, 2021 and serves as its Chairman sin...

CEO Compensation Analysis

Compensation vs Market: Lynn's total compensation ($USD4.49M) is below average for companies of similar size in the US market ($USD8.18M).

Compensation vs Earnings: Insufficient data to compare Lynn's compensation with company performance.

Leadership Team

Experienced Management: CW's management team is considered experienced (4.4 years average tenure).

Board Members

Experienced Board: CW's board of directors are considered experienced (7.5 years average tenure).

Ownership

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

Insider Trading Volume

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

Recent Insider Transactions

Ownership Breakdown

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

Data	Last Updated (UTC time)
Company Analysis	2022/05/28 00:00
End of Day Share Price	2022/05/27 00:00
Earnings	2022/03/31
Annual Earnings	2021/12/31