Mueller Water Products
Market Cap
US$2.0b
Last Updated
2021/01/18 00:35 UTC
Data Sources
Company Financials +
Executive Summary
Mueller Water Products, Inc. manufactures and markets products and services for use in the transmission, distribution, and measurement of water in the United States, Canada, and internationally. More Details
Rewards
Risk Analysis
Snowflake Analysis
Established dividend payer with proven track record.
Similar Companies
Share Price & News
How has Mueller Water Products's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: MWA is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: MWA's weekly volatility (5%) has been stable over the past year.
Market Performance
7 Day Return
-2.6%
MWA
-0.7%
US Machinery
-1.0%
US Market
1 Year Return
3.5%
MWA
21.7%
US Machinery
19.6%
US Market
Return vs Industry: MWA underperformed the US Machinery industry which returned 21.7% over the past year.
Return vs Market: MWA underperformed the US Market which returned 19.6% over the past year.
Shareholder returns
| MWA | Industry | Market | |
|---|---|---|---|
| 7 Day | -2.6% | -0.7% | -1.0% |
| 30 Day | 3.5% | 4.8% | 2.3% |
| 90 Day | 13.5% | 16.5% | 13.1% |
| 1 Year | 5.6%3.5% | 24.7%21.7% | 22.3%19.6% |
| 3 Year | 12.5%6.2% | 28.0%19.0% | 45.3%35.7% |
| 5 Year | 67.1%54.0% | 177.8%147.5% | 124.8%99.8% |
Long-Term Price Volatility Vs. Market
How volatile is Mueller Water Products's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall St
Is Mueller Water Products, Inc. (NYSE:MWA) Potentially Undervalued?3 weeks ago | Simply Wall St
A Quick Analysis On Mueller Water Products' (NYSE:MWA) CEO Salary1 month ago | Simply Wall St
Is Mueller Water Products (NYSE:MWA) Using Too Much Debt?Valuation
Is Mueller Water Products undervalued compared to its fair value and its price relative to the market?
11.7%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: MWA ($12.55) is trading below our estimate of fair value ($14.21)
Significantly Below Fair Value: MWA is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: MWA is good value based on its PE Ratio (27.5x) compared to the US Machinery industry average (32.9x).
PE vs Market: MWA is poor value based on its PE Ratio (27.5x) compared to the US market (21x).
Price to Earnings Growth Ratio
PEG Ratio: MWA is poor value based on its PEG Ratio (1.8x)
Price to Book Ratio
PB vs Industry: MWA's PB Ratio (3.1x) is in line with the US Machinery industry average.
Next Steps
Future Growth
How is Mueller Water Products forecast to perform in the next 1 to 3 years based on estimates from 8 analysts?
15.4%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: MWA's forecast earnings growth (15.4% per year) is above the savings rate (2%).
Earnings vs Market: MWA's earnings (15.4% per year) are forecast to grow slower than the US market (21.5% per year).
High Growth Earnings: MWA's earnings are forecast to grow, but not significantly.
Revenue vs Market: MWA's revenue (3.9% per year) is forecast to grow slower than the US market (10.3% per year).
High Growth Revenue: MWA's revenue (3.9% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if MWA's Return on Equity is forecast to be high in 3 years time
Next Steps
Past Performance
How has Mueller Water Products performed over the past 5 years?
14.0%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: MWA has high quality earnings.
Growing Profit Margin: MWA's current net profit margins (7.5%) are higher than last year (6.6%).
Past Earnings Growth Analysis
Earnings Trend: MWA's earnings have grown by 14% per year over the past 5 years.
Accelerating Growth: MWA's earnings growth over the past year (12.3%) is below its 5-year average (14% per year).
Earnings vs Industry: MWA earnings growth over the past year (12.3%) exceeded the Machinery industry -15.5%.
Return on Equity
High ROE: MWA's Return on Equity (11.2%) is considered low.
Next Steps
Financial Health
How is Mueller Water Products's financial position?
Financial Position Analysis
Short Term Liabilities: MWA's short term assets ($581.2M) exceed its short term liabilities ($155.0M).
Long Term Liabilities: MWA's short term assets ($581.2M) do not cover its long term liabilities ($599.3M).
Debt to Equity History and Analysis
Debt Level: MWA's debt to equity ratio (69.5%) is considered high.
Reducing Debt: MWA's debt to equity ratio has reduced from 133.7% to 69.5% over the past 5 years.
Debt Coverage: MWA's debt is well covered by operating cash flow (31.5%).
Interest Coverage: MWA's interest payments on its debt are well covered by EBIT (5.2x coverage).
Balance Sheet
Next Steps
Dividend
What is Mueller Water Products's current dividend yield, its reliability and sustainability?
1.75%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: MWA's dividend (1.75%) is higher than the bottom 25% of dividend payers in the US market (1.39%).
High Dividend: MWA's dividend (1.75%) is low compared to the top 25% of dividend payers in the US market (3.85%).
Stability and Growth of Payments
Stable Dividend: MWA's dividends per share have been stable in the past 10 years.
Growing Dividend: MWA's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (46%), MWA's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: MWA's dividends in 3 years are forecast to be well covered by earnings (32.9% payout ratio).
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Management
How experienced are the management team and are they aligned to shareholders interests?
3.0yrs
Average management tenure
CEO
John Hall (56 yo)
4yrs
Tenure
US$4,286,766
Compensation
Mr. John Scott Hall serves as Independent Director at Altra Industrial Motion Corp. since October 20, 2020. He has been the Chief Executive Officer and President of Mueller Water Products, Inc. since Janua...
CEO Compensation Analysis
Compensation vs Market: John's total compensation ($USD4.29M) is about average for companies of similar size in the US market ($USD3.88M).
Compensation vs Earnings: John's compensation has increased by more than 20% in the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 4yrs | US$4.29m | 0.15% $ 3.0m | |
| Executive VP & CFO | 3yrs | US$1.55m | 0.21% $ 4.1m | |
| Executive VP | 2.42yrs | US$1.27m | 0.026% $ 515.8k | |
| Senior Vice President of Sales & Marketing | 1.25yrs | US$1.40m | 0.020% $ 391.6k | |
| Senior Vice President of Operations & Supply Chain | 3yrs | US$652.38k | 0.0063% $ 124.2k | |
| VP & Chief Accounting Officer | 3yrs | no data | 0.025% $ 505.9k | |
| Senior Director of Investor Relations and Corporate Development | 2.92yrs | no data | no data | |
| Director of Communications | no data | no data | no data | |
| Senior VP & Chief HR Officer | 0.92yr | no data | no data | |
| Vice President of Operations Controller | no data | no data | no data |
3.0yrs
Average Tenure
52.5yo
Average Age
Experienced Management: MWA's management team is considered experienced (3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 4yrs | US$4.29m | 0.15% $ 3.0m | |
| Independent Director | 14.75yrs | US$207.14k | 0.21% $ 4.1m | |
| Independent Director | 9.25yrs | US$185.09k | 0.041% $ 818.6k | |
| Independent Non-Executive Chairman | 3yrs | US$270.19k | 0.076% $ 1.5m | |
| Independent Director | 14.75yrs | US$212.89k | 0.087% $ 1.7m | |
| Independent Director | 13yrs | US$196.39k | 0.053% $ 1.0m | |
| Independent Director | 14.75yrs | US$231.09k | 0.077% $ 1.5m | |
| Independent Director | 10.17yrs | US$185.09k | 0.033% $ 651.5k | |
| Independent Director | 1.5yrs | US$194.39k | 0.023% $ 460.0k | |
| Independent Director | 2.17yrs | US$182.09k | 0.0060% $ 119.8k |
9.7yrs
Average Tenure
73yo
Average Age
Experienced Board: MWA's board of directors are considered experienced (9.7 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: MWA 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.
Top Shareholders
Company Information
Mueller Water Products, Inc.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Mueller Water Products, Inc.
- Ticker: MWA
- Exchange: NYSE
- Founded: 1857
- Industry: Industrial Machinery
- Sector: Capital Goods
- Market Cap: US$1.987b
- Shares outstanding: 158.32m
- Website: https://www.muellerwaterproducts.com
Number of Employees
Location
- Mueller Water Products, Inc.
- 1200 Abernathy Road NE
- Suite 1200
- Atlanta
- Georgia
- 30328
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| MWA | NYSE (New York Stock Exchange) | Yes | Series A Common Stock | US | USD | May 2006 |
| JT5 | DB (Deutsche Boerse AG) | Yes | Series A Common Stock | DE | EUR | May 2006 |
Biography
Mueller Water Products, Inc. manufactures and markets products and services for use in the transmission, distribution, and measurement of water in the United States, Canada, and internationally. It operate...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/01/18 00:35 |
| End of Day Share Price | 2021/01/15 00:00 |
| Earnings | 2020/09/30 |
| Annual Earnings | 2020/09/30 |
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.