Curtiss-Wright Corporation, together with its subsidiaries, designs, manufactures, and overhauls precision components, and engineered products and services primarily to the aerospace, defense, general industrial, and power generation markets worldwide. More Details
Excellent balance sheet and good value.
Share Price & News
How has Curtiss-Wright's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: CW is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: CW's weekly volatility (6%) has been stable over the past year.
7 Day Return
US Aerospace & Defense
1 Year Return
US Aerospace & Defense
Return vs Industry: CW exceeded the US Aerospace & Defense industry which returned -23.5% over the past year.
Return vs Market: CW underperformed the US Market which returned 22.7% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Curtiss-Wright's share price compared to the market and industry in the last 5 years?
Simply Wall St News
6 days ago | Simply Wall StA Look At The Fair Value Of Curtiss-Wright Corporation (NYSE:CW)
2 weeks ago | Simply Wall StIs It Time To Consider Buying Curtiss-Wright Corporation (NYSE:CW)?
4 weeks ago | Simply Wall StDid You Miss Curtiss-Wright's (NYSE:CW) 38% Share Price Gain?
Is Curtiss-Wright undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: CW ($117.89) is trading below our estimate of fair value ($147.95)
Significantly Below Fair Value: CW is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: CW is good value based on its PE Ratio (21x) compared to the US Aerospace & Defense industry average (22.2x).
PE vs Market: CW is poor value based on its PE Ratio (21x) compared to the US market (19.4x).
Price to Earnings Growth Ratio
PEG Ratio: CW is poor value based on its PEG Ratio (1x)
Price to Book Ratio
PB vs Industry: CW is good value based on its PB Ratio (2.7x) compared to the US Aerospace & Defense industry average (2.8x).
How is Curtiss-Wright forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: CW's forecast earnings growth (20% per year) is above the savings rate (2.2%).
Earnings vs Market: CW's earnings (20% per year) are forecast to grow slower than the US market (21.8% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: CW's revenue (3.6% per year) is forecast to grow slower than the US market (10.2% per year).
High Growth Revenue: CW's revenue (3.6% 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 (16.6%).
How has Curtiss-Wright performed over the past 5 years?
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%) are lower than last year (12.1%).
Past Earnings Growth Analysis
Earnings Trend: CW's earnings have grown by 11.2% per year over the past 5 years.
Accelerating Growth: CW's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: CW had negative earnings growth (-21.3%) over the past year, making it difficult to compare to the Aerospace & Defense industry average (-1.9%).
Return on Equity
High ROE: CW's Return on Equity (13.2%) is considered low.
How is Curtiss-Wright's financial position?
Financial Position Analysis
Short Term Liabilities: CW's short term assets ($1.6B) exceed its short term liabilities ($665.8M).
Long Term Liabilities: CW's short term assets ($1.6B) exceed its long term liabilities ($1.5B).
Debt to Equity History and Analysis
Debt Level: CW's debt to equity ratio (57.3%) is considered high.
Reducing Debt: CW's debt to equity ratio has reduced from 72.7% to 57.3% over the past 5 years.
Debt Coverage: CW's debt is well covered by operating cash flow (25.8%).
Interest Coverage: CW's interest payments on its debt are well covered by EBIT (11x coverage).
What is Curtiss-Wright current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: CW's dividend (0.58%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.48%).
High Dividend: CW's dividend (0.58%) is low compared to the top 25% of dividend payers in the US market (4.14%).
Stability and Growth of Payments
Stable Dividend: CW is not paying a notable dividend for the US market, therefore no need to check if payments are stable.
Growing Dividend: CW is not paying a notable dividend for the US market, therefore no need to check if payments are increasing.
Current Payout to Shareholders
Dividend Coverage: CW is not paying a notable dividend for the US market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of CW's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Dave Adams (66 yo)
Mr. David C. Adams, also known as Dave, has been the Chief Executive Officer of Curtiss-Wright Corporation since August 1, 2013. Mr. Adams served as the Chief Operating Officer of Curtiss-Wright Corporatio...
CEO Compensation Analysis
Compensation vs Market: Dave's total compensation ($USD9.19M) is above average for companies of similar size in the US market ($USD6.94M).
Compensation vs Earnings: Dave's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
|Chairman & CEO||7.33yrs||US$9.19m||0.17% |
|VP & CFO||0.58yr||US$1.41m||0.013% |
|General Counsel & Corporate Secretary||6.75yrs||US$3.00m||0.062% |
|VP & COO (Leave of Absence)||0.75yr||US$4.48m||0.17% |
|Senior Director of Investor Relations||4.67yrs||no data||no data|
|Vice President of Corporate Development||8.17yrs||no data||no data|
|Senior Business Unit Controller||no data||no data||no data|
|President of Defense & Power Segments||0.92yr||no data||no data|
|President of Commercial / Industrial Segment||0.92yr||no data||no data|
|VP & Treasurer||15.25yrs||US$798.20k||0.052% |
|President of the Curtiss-Wright Metal Treatment Business Segment||8.17yrs||no data||no data|
|VP & Corporate Controller||0.58yr||no data||0.0019% |
Experienced Management: CW's management team is considered experienced (4.7 years average tenure).
|Chairman & CEO||7.33yrs||US$9.19m||0.17% |
|Independent Director||4.92yrs||US$215.00k||0.0099% |
|Lead Independent Director||4.58yrs||US$247.50k||0.056% |
|Independent Director||9.92yrs||US$232.50k||0.024% |
|Independent Director||20.92yrs||US$230.00k||0.028% |
|Independent Director||8.83yrs||US$215.00k||0.021% |
|Independent Director||1.58yrs||US$102.50k||0.0019% |
|Independent Director||3.58yrs||US$215.00k||0.0021% |
|Independent Director||12.83yrs||US$225.00k||0.024% |
Experienced Board: CW's board of directors are considered experienced (5.9 years average tenure).
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
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Curtiss-Wright Corporation's company bio, employee growth, exchange listings and data sources
- Name: Curtiss-Wright Corporation
- Ticker: CW
- Exchange: NYSE
- Founded: 1929
- Industry: Aerospace and Defense
- Sector: Capital Goods
- Market Cap: US$4.893b
- Shares outstanding: 41.50m
- Website: https://www.curtisswright.com
Number of Employees
- Curtiss-Wright Corporation
- 130 Harbour Place Drive
- Suite 300
- North Carolina
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|CW||NYSE (New York Stock Exchange)||Yes||Common Stock||US||USD||Jan 1968|
|CWT||DB (Deutsche Boerse AG)||Yes||Common Stock||DE||EUR||Jan 1968|
Curtiss-Wright Corporation, together with its subsidiaries, designs, manufactures, and overhauls precision components, and engineered products and services primarily to the aerospace, defense, general indu...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/12/02 23:35|
|End of Day Share Price||2020/12/02 00:00|
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.