NYSE:MWA

Stock Analysis Report

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.

Snowflake

Fundamentals

Established dividend payer with moderate growth potential.


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


Market Performance


7 Day Return

3.7%

NYSE:MWA

3.1%

US Machinery

1.1%

US Market


1 Year Return

-5.9%

NYSE:MWA

-3.4%

US Machinery

2.1%

US Market

MWA underperformed the Machinery industry which returned -2.2% over the past year.

MWA underperformed the Market in United States of America which returned 2% over the past year.


Share holder returns

MWAIndustryMarket
7 Day3.7%3.1%1.1%
30 Day5.9%9.1%3.7%
90 Day9.5%1.8%2.3%
1 Year-4.0%-5.9%-1.4%-3.4%4.4%2.1%
3 Year-4.9%-9.5%52.7%42.8%47.0%37.4%
5 Year40.7%31.6%55.6%36.3%61.6%43.8%

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

Valuation

Is Mueller Water Products undervalued based on future cash flows and its price relative to the stock market?

8%

Discount to future cash flow value


Intrinsic Value Based on Future Cash Flows

Mueller Water Products's share price is below the future cash flow value, but not at a moderate discount (< 20%).

Mueller Water Products's share price is below the future cash flow value, but not at a substantial discount (< 40%).


Price Based on Earnings

Mueller Water Products is overvalued based on earnings compared to the US Machinery industry average.

Mueller Water Products is overvalued based on earnings compared to the United States of America market.


Price Based on Expected Growth

Mueller Water Products is good value based on expected growth next year.


Price Based on Value of Assets

Mueller Water Products is overvalued based on assets compared to the US Machinery industry average.


Next Steps

Future Growth

How is Mueller Water Products expected to perform in the next 1 to 3 years based on estimates from 11 analysts?

40.9%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Mueller Water Products's revenue is expected to grow by 4.8% yearly, however this is not considered high growth (20% yearly).

Mueller Water Products's earnings are expected to grow significantly at over 20% yearly.

Mueller Water Products's revenue growth is positive but not above the United States of America market average.

Mueller Water Products's earnings growth is expected to exceed the United States of America market average.

Mueller Water Products's earnings growth is expected to exceed the low risk savings rate of 2.7%.


Earnings per Share Growth Estimates


Future Return on Equity

Mueller Water Products is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).


Next Steps

Past Performance

How has Mueller Water Products performed over the past 5 years?

12.7%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Mueller Water Products's year on year earnings growth rate has been positive over the past 5 years.

Mueller Water Products's 1-year earnings growth is negative, it can't be compared to the 5-year average.

Mueller Water Products's 1-year earnings growth is negative, it can't be compared to the US Machinery industry average.


Return on Equity

Mueller Water Products has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).


Return on Assets

Mueller Water Products used its assets less efficiently than the US Machinery industry average last year based on Return on Assets.


Return on Capital Employed

Mueller Water Products has improved its use of capital last year versus 3 years ago (Return on Capital Employed).


Next Steps

Financial Health

How is Mueller Water Products's financial position?


Financial Position Analysis

Mueller Water Products is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.

Mueller Water Products's long term commitments exceed its cash and other short term assets.


Debt to Equity History and Analysis

Mueller Water Products's level of debt (78.8%) compared to net worth is high (greater than 40%).

The level of debt compared to net worth has been reduced over the past 5 years (174.5% vs 78.8% today).

Debt is not well covered by operating cash flow (18.1%, less than 20% of total debt).

Interest payments on debt are well covered by earnings (EBIT is 6.8x coverage).


Balance Sheet

High level of physical assets or inventory.

Debt is covered by short term assets, assets are 1.2x debt.


Next Steps

Dividend

What is Mueller Water Products's current dividend yield, its reliability and sustainability?

1.94%

Expected Dividend Yield


Dividend Yield and Payments Analysis

Mueller Water Products's pays a higher dividend yield than the bottom 25% of dividend payers in United States of America (1.45%).

Mueller Water Products's dividend is below the markets top 25% of dividend payers in United States of America (3.67%).

Dividends per share have been stable in the past 10 years.

Dividends per share have increased over the past 10 years.


Current Payout to Shareholders

Dividends paid are covered by earnings (1.5x coverage).


Future Payout to Shareholders

Dividends after 3 years are expected to be well covered by earnings (3.1x coverage).


Next Steps

Management

What is the CEO of Mueller Water Products's salary, the management and board of directors tenure and is there insider trading?

1.7yrs

Average management tenure


CEO

J. Hall (55yo)

2.7yrs

Tenure

US$3,195,398

Compensation

Mr. J. Scott Hall has been the Chief Executive Officer and President of Mueller Water Products, Inc. since January 23, 2017. Mr. Hall served as the President of Textron Industrial Segment and Greenlee at T ...


CEO Compensation Analysis

J.'s remuneration is about average for companies of similar size in United States of America.

J.'s compensation has been consistent with company performance over the past year, both up more than 20%.


Management Age and Tenure

1.7yrs

Average Tenure

53yo

Average Age

The average tenure for the Mueller Water Products management team is less than 2 years, this suggests a new team.


Board Age and Tenure

8.4yrs

Average Tenure

74yo

Average Age

The tenure for the Mueller Water Products board of directors is about average.


Insider Trading

More shares have been bought than sold by Mueller Water Products individual insiders in the past 3 months.


Recent Insider Transactions

BuyUS$101,00009 Aug 19
Stephen Van Arsdell
EntityIndividual
Role
Member of the Board of Directors
Director
Shares10,000
Max PriceUS$10.10
SellUS$63,98513 Jun 19
Shirley Franklin
EntityIndividual
Role
Member of the Board of Directors
Independent Director
Shares6,700
Max PriceUS$9.55
BuyUS$91,85911 May 19
Bernard Rethore
EntityIndividual
Role
Member of the Board of Directors
Independent Director
Shares10,000
Max PriceUS$9.19
SellUS$6,63830 Nov 18
Hassan Ali
EntityIndividual
Role
Senior Key Executive
Senior Vice President of Engineering & Information Technology Officer
Shares630
Max PriceUS$10.54

Ownership Breakdown


Management Team

  • Martie Zakas (60yo)

    Executive VP & CFO

    • Tenure: 1.7yrs
    • Compensation: US$1.29m
  • Steve Heinrichs (51yo)

    Executive VP

    • Tenure: 1.1yrs
    • Compensation: US$888.20k
  • J. Hall (55yo)

    President

    • Tenure: 2.7yrs
    • Compensation: US$3.20m
  • Greg Rogowski (60yo)

    Executive Vice President of Sales & Marketing

    • Tenure: 1.9yrs
    • Compensation: US$1.57m
  • Hassan Ali (49yo)

    Senior Vice President of Engineering & Information Technology Officer

    • Tenure: 1.9yrs
  • Yolanda Kokayi

    Director of Communications

    • Tenure: 0yrs
  • Michael Nancarrow (45yo)

    VP & Chief Accounting Officer

    • Tenure: 1.7yrs
  • Whit Kincaid

    Senior Director of Investor Relations and Corporate Development

    • Tenure: 1.6yrs
  • Jennifer O'Keefe (44yo)

    Vice President of Human Resources

    • Tenure: 0yrs
  • William Cofield (60yo)

    Senior Vice President of Operations & Supply Chain

    • Tenure: 1.7yrs

Board Members

  • Mike Tokarz (70yo)

    Independent Director

    • Tenure: 13.4yrs
    • Compensation: US$222.66k
  • Tom Hansen (70yo)

    Independent Director

    • Tenure: 7.9yrs
    • Compensation: US$191.50k
  • Mark O’Brien (76yo)

    Non-Executive Chairman

    • Tenure: 1.7yrs
    • Compensation: US$228.75k
  • Bernard Rethore (77yo)

    Independent Director

    • Tenure: 13.4yrs
    • Compensation: US$199.00k
  • Lydia Thomas (75yo)

    Independent Director

    • Tenure: 11.7yrs
    • Compensation: US$188.50k
  • Jerry Kolb (83yo)

    Independent Director

    • Tenure: 13.4yrs
    • Compensation: US$215.50k
  • J. Hall (55yo)

    President

    • Tenure: 2.7yrs
    • Compensation: US$3.20m
  • Shirley Franklin (74yo)

    Independent Director

    • Tenure: 8.8yrs
    • Compensation: US$178.00k
  • Stephen Van Arsdell (68yo)

    Director

    • Tenure: 0.2yrs
  • Christine Ortiz

    Director

    • Tenure: 0.7yrs

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:
  • Industry: Industrial Machinery
  • Sector: Capital Goods
  • Market Cap: US$1.731b
  • Shares outstanding: 157.36m
  • Website: https://www.muellerwaterproducts.com

Number of Employees


Location

  • Mueller Water Products, Inc.
  • 1200 Abernathy Road N.E.
  • Suite 1200
  • Atlanta
  • Georgia
  • 30328
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
MWANYSE (New York Stock Exchange)YesSeries A Common StockUSUSDMay 2006
JT5DB (Deutsche Boerse AG)YesSeries A Common StockDEEURMay 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

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/09/16 23:49
End of Day Share Price2019/09/16 00:00
Earnings2019/06/30
Annual Earnings2018/09/30


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.