Westinghouse Air Brake Technologies Corporation

NYSE:WAB Stock Report

Mkt Cap: US$19.2b

We’ve recently updated our valuation analysis.

Westinghouse Air Brake Technologies Valuation

Is WAB undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

0/6

Valuation Score 0/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • Analyst Forecast

Key Valuation Metric

Which metric is best to use when looking at relative valuation for WAB?

Other financial metrics that can be useful for relative valuation.

WAB key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue2.8x
Enterprise Value/EBITDA15.5x
PEG Ratio1.9x

Price to Earnings Ratio vs Peers

How does WAB's PE Ratio compare to its peers?

The above table shows the PE ratio for WAB vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average19.9x
CMI Cummins
18.9x6.6%US$36.1b
PCAR PACCAR
12.7x-0.8%US$38.3b
OSK Oshkosh
39.7x23.0%US$6.9b
ALSN Allison Transmission Holdings
8.4x-0.8%US$4.2b
WAB Westinghouse Air Brake Technologies
28.9x15.1%US$19.2b


Price to Earnings Ratio vs Industry

How does WAB's PE Ratio compare vs other companies in the US Machinery Industry?

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
Industry Avg.n/a12.0%
n/an/an/a


Price to Earnings Ratio vs Fair Ratio

What is WAB's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

WAB PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio28.9x
Fair PE Ratio23.7x

Price-To-Earnings vs Fair Ratio: WAB is expensive based on its Price-To-Earnings Ratio (28.9x) compared to the estimated Fair Price-To-Earnings Ratio (23.7x).


Share Price vs Fair Value

What is the Fair Price of WAB when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst WAB forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentUS$105.53
US$110.25
+4.5%
7.9%US$134.00US$95.00n/a12
Jan ’24US$99.81
US$106.25
+6.5%
7.9%US$121.00US$95.00n/a12
Dec ’23US$103.04
US$103.00
-0.04%
8.6%US$121.00US$87.00n/a12
Nov ’23US$93.76
US$102.25
+9.1%
8.6%US$121.00US$87.00n/a12
Oct ’23US$81.35
US$103.25
+26.9%
9.3%US$121.00US$87.00n/a12
Sep ’23US$86.88
US$103.25
+18.8%
9.3%US$121.00US$87.00n/a12
Aug ’23US$93.02
US$101.45
+9.1%
10.6%US$121.00US$84.00n/a11
Jul ’23US$83.10
US$103.27
+24.3%
9.5%US$121.00US$90.00n/a11
Jun ’23US$93.21
US$105.00
+12.6%
9.3%US$121.00US$90.00n/a11
May ’23US$89.91
US$105.70
+17.6%
8.7%US$122.00US$91.00n/a10
Apr ’23US$95.44
US$105.18
+10.2%
8.5%US$122.00US$91.00n/a11
Mar ’23US$88.79
US$105.73
+19.1%
8.7%US$125.00US$91.00n/a11
Feb ’23US$89.82
US$101.27
+12.8%
11.8%US$125.00US$86.00US$104.4811
Jan ’23US$92.11
US$99.80
+8.3%
10.0%US$116.00US$86.00US$99.8110
Dec ’22US$87.08
US$99.20
+13.9%
9.7%US$116.00US$86.00US$103.0410
Nov ’22US$90.52
US$98.00
+8.3%
8.2%US$110.00US$86.00US$93.7610
Oct ’22US$88.60
US$95.67
+8.0%
10.0%US$116.00US$84.00US$81.359
Sep ’22US$88.69
US$96.10
+8.4%
10.1%US$116.00US$84.00US$86.8810
Aug ’22US$84.87
US$91.00
+7.2%
7.5%US$100.00US$80.00US$93.0210
Jul ’22US$81.83
US$90.10
+10.1%
6.9%US$100.00US$80.00US$83.1010
Jun ’22US$84.19
US$89.70
+6.5%
7.8%US$100.00US$76.00US$93.2110
May ’22US$82.07
US$89.00
+8.4%
7.0%US$95.00US$76.00US$89.9110
Apr ’22US$78.99
US$86.10
+9.0%
9.9%US$95.00US$73.00US$95.4410
Mar ’22US$74.87
US$85.20
+13.8%
10.7%US$95.00US$68.00US$88.7910
Feb ’22US$76.27
US$83.91
+10.0%
12.5%US$97.00US$65.00US$89.8211


Discover undervalued companies