Hexcel Corporation, together with its subsidiaries, develops, manufactures, and markets structural materials for use in commercial aerospace, space and defense, and industrial markets.
Fair value with mediocre balance sheet.
Share Price & News
How has Hexcel's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: HXL's share price has been volatile over the past 3 months.
7 Day Return
US Aerospace & Defense
1 Year Return
US Aerospace & Defense
Return vs Industry: HXL underperformed the US Aerospace & Defense industry which returned -27.5% over the past year.
Return vs Market: HXL underperformed the US Market which returned 4.8% over the past year.
Price Volatility Vs. Market
How volatile is Hexcel's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 year ago | Simply Wall StWas Hexcel Corporation's (NYSE:HXL) Earnings Growth Better Than The Industry's?
1 year ago | Simply Wall StEvaluating Hexcel Corporation’s (NYSE:HXL) Investments In Its Business
1 year ago | Simply Wall StAre Insiders Selling Hexcel Corporation (NYSE:HXL) Stock?
Is Hexcel 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: HXL ($44.11) is trading below our estimate of fair value ($54.12)
Significantly Below Fair Value: HXL is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: HXL is good value based on its PE Ratio (13.5x) compared to the Aerospace & Defense industry average (15.9x).
PE vs Market: HXL is good value based on its PE Ratio (13.5x) compared to the US market (16.5x).
Price to Earnings Growth Ratio
PEG Ratio: HXL is poor value based on its PEG Ratio (1.1x)
Price to Book Ratio
PB vs Industry: HXL is overvalued based on its PB Ratio (2.6x) compared to the US Aerospace & Defense industry average (2.2x).
How is Hexcel forecast to perform in the next 1 to 3 years based on estimates from 12 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: HXL's forecast earnings growth (12.5% per year) is above the savings rate (2.2%).
Earnings vs Market: HXL's earnings (12.5% per year) are forecast to grow slower than the US market (22.8% per year).
High Growth Earnings: HXL's earnings are forecast to grow, but not significantly.
Revenue vs Market: HXL's revenue (1.8% per year) is forecast to grow slower than the US market (9.3% per year).
High Growth Revenue: HXL's revenue (1.8% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: HXL's Return on Equity is forecast to be low in 3 years time (12.1%).
How has Hexcel performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: HXL has high quality earnings.
Growing Profit Margin: HXL's current net profit margins (12.1%) are lower than last year (12.7%).
Past Earnings Growth Analysis
Earnings Trend: HXL's earnings have grown by 6% per year over the past 5 years.
Accelerating Growth: HXL's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: HXL had negative earnings growth (-3.7%) over the past year, making it difficult to compare to the Aerospace & Defense industry average (4.2%).
Return on Equity
High ROE: HXL's Return on Equity (19.5%) is considered low.
How is Hexcel's financial position?
Financial Position Analysis
Short Term Liabilities: HXL's short term assets ($1.0B) exceed its short term liabilities ($309.9M).
Long Term Liabilities: HXL's short term assets ($1.0B) do not cover its long term liabilities ($1.7B).
Debt to Equity History and Analysis
Debt Level: HXL's debt to equity ratio (97.6%) is considered high.
Reducing Debt: HXL's debt to equity ratio has increased from 41.2% to 97.6% over the past 5 years.
Debt Coverage: HXL's debt is well covered by operating cash flow (32.7%).
Interest Coverage: HXL's interest payments on its debt are well covered by EBIT (8.9x coverage).
What is Hexcel current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: HXL's dividend (1.54%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.67%).
High Dividend: HXL's dividend (1.54%) is low compared to the top 25% of dividend payers in the US market (4.51%).
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, HXL has been paying a dividend for less than 10 years.
Growing Dividend: HXL's dividend payments have increased, but the company has only paid a dividend for 5 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (20.2%), HXL's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of HXL's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Nick Stanage (61yo)
Mr. Nick L. Stanage has been the President and Chief Executive Officer of Hexcel Corporation since November 9, 2009 and since August 1, 2013 respectively and its Chairman since January 1, 2014. Mr. Stanage ...
CEO Compensation Analysis
Compensation vs Market: Nick's total compensation ($USD8.82M) is above average for companies of similar size in the US market ($USD5.84M).
Compensation vs Earnings: Nick's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
|Chairman of the Board||6.92yrs||US$8.82m||0.34% $12.5m|
|Executive VP & CFO||2.92yrs||US$1.74m||0.013% $478.8k|
|Executive VP||3.5yrs||US$1.45m||0.0073% $269.6k|
|Executive Vice President of Human Resources & Communications||4.17yrs||US$1.85m||0.064% $2.4m|
|President of EMEA/AP & Industrial||4.17yrs||US$2.37m||0.038% $1.4m|
|Senior VP||10.83yrs||no data||0.040% $1.5m|
|Senior VP & CTO||4.5yrs||no data||no data|
|Senior VP & Chief Information Officer||no data||no data||no data|
|Vice President of Investor Relations||no data||no data||no data|
|Senior Vice President of Integrated Supply Chain||no data||no data||no data|
Experienced Management: HXL's management team is considered experienced (4.2 years average tenure).
|Chairman of the Board||6.92yrs||US$8.82m||0.34% $12.5m|
|Independent Director||17.33yrs||US$192.87k||no data|
|Independent Director||5.75yrs||US$185.47k||no data|
|Independent Director||9.58yrs||US$197.97k||0.026% $970.4k|
|Independent Director||13yrs||US$190.37k||0.0036% $132.2k|
|Lead Independent Director||2yrs||US$230.47k||0.0094% $344.3k|
|Independent Director||5.5yrs||US$187.97k||no data|
|Independent Director||2.17yrs||US$187.97k||0.0037% $137.0k|
Experienced Board: HXL's board of directors are considered experienced (6.1 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.
Hexcel Corporation's company bio, employee growth, exchange listings and data sources
- Name: Hexcel Corporation
- Ticker: HXL
- Exchange: NYSE
- Founded: 1946
- Industry: Aerospace and Defense
- Sector: Capital Goods
- Market Cap: US$3.683b
- Shares outstanding: 83.49m
- Website: https://www.hexcel.com
Number of Employees
- Hexcel Corporation
- 281 Tresser Boulevard
- 16th Floor
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|HXL||NYSE (New York Stock Exchange)||Yes||Common Stock||US||USD||Jan 1980|
|HXL||DB (Deutsche Boerse AG)||Yes||Common Stock||DE||EUR||Jan 1980|
|0P5H||LSE (London Stock Exchange)||Yes||Common Stock||GB||EUR||Jan 1980|
|HXL||BST (Boerse-Stuttgart)||Yes||Common Stock||DE||EUR||Jan 1980|
Hexcel Corporation, together with its subsidiaries, develops, manufactures, and markets structural materials for use in commercial aerospace, space and defense, and industrial markets. It operates in two segments, Composite Materials and Engineered Products. The Composite Materials segment manufactures and markets carbon fibers, fabrics and specialty reinforcements, prepregs and other fiber-reinforced matrix materials, structural adhesives, honeycomb, molding compounds, tooling materials, polyurethane systems, and laminates that are used in military and commercial aircraft, wind turbine blades, recreational products, and other industrial applications, as well as in automotive, marine, and trains. The Engineered Products segment manufactures and markets aircraft structures and finished aircraft components, including wing to body fairings, wing panels, flight deck panels, door liners, helicopter blades, spars, and tip caps; and aircraft structural sub-components and semi-finished components used in helicopter blades, engine nacelles, and aircraft surfaces, such as flaps, wings, elevators, and fairings. The company sells its products directly through its managers, product managers, and sales personnel, as well as through independent distributors and manufacturer representatives in the Americas, Europe, the Asia Pacific, India, and Africa. Hexcel Corporation was founded in 1946 and is headquartered in Stamford, Connecticut.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/07/03 23:57|
|End of Day Share Price||2020/07/02 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.