Westinghouse Air Brake Technologies Corporation provides technology-based equipment, systems, and services for the freight rail and passenger transit vehicle industries worldwide.
Westinghouse Air Brake Technologies Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||US$85.78|
|52 Week High||US$55.83|
|52 Week Low||US$91.12|
|1 Month Change||0.047%|
|3 Month Change||5.72%|
|1 Year Change||37.93%|
|3 Year Change||-19.63%|
|5 Year Change||9.59%|
|Change since IPO||1,043.73%|
Recent News & Updates
Is Westinghouse Air Brake Technologies Corporation (NYSE:WAB) Potentially Undervalued?
Today we're going to take a look at the well-established Westinghouse Air Brake Technologies Corporation ( NYSE:WAB...
A Look At The Fair Value Of Westinghouse Air Brake Technologies Corporation (NYSE:WAB)
Does the August share price for Westinghouse Air Brake Technologies Corporation ( NYSE:WAB ) reflect what it's really...
|WAB||US Machinery||US Market|
Return vs Industry: WAB exceeded the US Machinery industry which returned 35.2% over the past year.
Return vs Market: WAB exceeded the US Market which returned 33% over the past year.
Stable Share Price: WAB is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: WAB's weekly volatility (3%) has been stable over the past year.
About the Company
Westinghouse Air Brake Technologies Corporation provides technology-based equipment, systems, and services for the freight rail and passenger transit vehicle industries worldwide. It operates through two segments, Freight and Transit. The Freight segment manufactures and services components for new and existing freight cars and locomotives; builds new commuter locomotives; rebuilds freight locomotives; supplies railway electronics, positive train control equipment, signal design, and engineering services; and provides related heat exchange and cooling systems.
Westinghouse Air Brake Technologies Fundamentals Summary
|WAB fundamental statistics|
Is WAB overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|WAB income statement (TTM)|
|Cost of Revenue||US$5.50b|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||2.39|
|Net Profit Margin||5.85%|
How did WAB perform over the long term?See historical performance and comparison
0.6%Current Dividend Yield
Is Westinghouse Air Brake Technologies 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: WAB ($85.78) is trading below our estimate of fair value ($97.54)
Significantly Below Fair Value: WAB is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: WAB is poor value based on its PE Ratio (35.9x) compared to the US Machinery industry average (28.6x).
PE vs Market: WAB is poor value based on its PE Ratio (35.9x) compared to the US market (17.5x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate WAB's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: WAB is good value based on its PB Ratio (1.6x) compared to the US Machinery industry average (2.7x).
How is Westinghouse Air Brake Technologies forecast to perform in the next 1 to 3 years based on estimates from 12 analysts?
Forecasted annual revenue growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: Insufficient data to determine if WAB's forecast earnings growth is above the savings rate (2%).
Earnings vs Market: Insufficient data to determine if WAB's earnings are forecast to grow faster than the US market
High Growth Earnings: Insufficient data to determine if earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: WAB's revenue (7.4% per year) is forecast to grow slower than the US market (9.8% per year).
High Growth Revenue: WAB's revenue (7.4% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: WAB's Return on Equity is forecast to be low in 3 years time (9.6%).
How has Westinghouse Air Brake Technologies performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: WAB has high quality earnings.
Growing Profit Margin: WAB's current net profit margins (5.8%) are higher than last year (5.3%).
Past Earnings Growth Analysis
Earnings Trend: WAB's earnings have grown by 7.9% per year over the past 5 years.
Accelerating Growth: WAB's earnings growth over the past year (6.6%) is below its 5-year average (7.9% per year).
Earnings vs Industry: WAB earnings growth over the past year (6.6%) underperformed the Machinery industry 22.1%.
Return on Equity
High ROE: WAB's Return on Equity (4.4%) is considered low.
How is Westinghouse Air Brake Technologies's financial position?
Financial Position Analysis
Short Term Liabilities: WAB's short term assets ($3.8B) exceed its short term liabilities ($2.8B).
Long Term Liabilities: WAB's short term assets ($3.8B) do not cover its long term liabilities ($5.3B).
Debt to Equity History and Analysis
Debt Level: WAB's debt to equity ratio (39.5%) is considered satisfactory.
Reducing Debt: WAB's debt to equity ratio has reduced from 43.2% to 39.5% over the past 5 years.
Debt Coverage: WAB's debt is well covered by operating cash flow (26.2%).
Interest Coverage: WAB's interest payments on its debt are well covered by EBIT (4.7x coverage).
What is Westinghouse Air Brake Technologies's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: WAB's dividend (0.56%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.35%).
High Dividend: WAB's dividend (0.56%) is low compared to the top 25% of dividend payers in the US market (3.65%).
Stability and Growth of Payments
Stable Dividend: WAB is not paying a notable dividend for the US market, therefore no need to check if payments are stable.
Growing Dividend: WAB is not paying a notable dividend for the US market, therefore no need to check if payments are increasing.
Current Payout to Shareholders
Dividend Coverage: WAB is not paying a notable dividend for the US market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of WAB's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Rafael Santana (49 yo)
Mr. Rafael O. Santana is the President, Chief Executive Officer and Director of Westinghouse Air Brake Technologies Corporation since July 1, 2019. He is the President, Chief Executive Officer and Director...
CEO Compensation Analysis
Compensation vs Market: Rafael's total compensation ($USD11.04M) is about average for companies of similar size in the US market ($USD11.33M).
Compensation vs Earnings: Rafael's compensation has increased by more than 20% in the past year.
Experienced Management: WAB's management team is considered experienced (2.5 years average tenure).
Experienced Board: WAB's board of directors are not considered experienced ( 2.4 years average tenure), which suggests a new board.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: WAB insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Westinghouse Air Brake Technologies Corporation's employee growth, exchange listings and data sources
- Name: Westinghouse Air Brake Technologies Corporation
- Ticker: WAB
- Exchange: NYSE
- Founded: 1869
- Industry: Construction Machinery and Heavy Trucks
- Sector: Capital Goods
- Market Cap: US$16.215b
- Shares outstanding: 189.03m
- Website: https://www.wabteccorp.com
Number of Employees
- Westinghouse Air Brake Technologies Corporation
- 30 Isabella Street
- United States
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/09/22 00:10|
|End of Day Share Price||2021/09/21 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.