WTS Stock Overview
Watts Water Technologies, Inc. designs, manufactures, and sells products, solution, and systems that manage and conserve the flow of fluids and energy into, through and out of buildings in the commercial and residential markets in the Americas, Europe, the Asia-Pacific, the Middle East, and Africa.
Watts Water Technologies Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||US$124.33|
|52 Week High||US$212.00|
|52 Week Low||US$116.31|
|1 Month Change||-9.05%|
|3 Month Change||-11.29%|
|1 Year Change||-15.25%|
|3 Year Change||35.72%|
|5 Year Change||97.51%|
|Change since IPO||550.09%|
Recent News & Updates
Is It Time To Consider Buying Watts Water Technologies, Inc. (NYSE:WTS)?
Watts Water Technologies, Inc. ( NYSE:WTS ), might not be a large cap stock, but it received a lot of attention from a...
Watts Water Technologies, Inc. (NYSE:WTS) Shares Could Be 37% Below Their Intrinsic Value Estimate
Today we'll do a simple run through of a valuation method used to estimate the attractiveness of Watts Water...
Watts Water Technologies (NYSE:WTS) Is Increasing Its Dividend To US$0.30
Watts Water Technologies, Inc.'s ( NYSE:WTS ) dividend will be increasing to US$0.30 on 15th of June. Even though the...
|WTS||US Machinery||US Market|
Return vs Industry: WTS exceeded the US Machinery industry which returned -22.5% over the past year.
Return vs Market: WTS exceeded the US Market which returned -21.2% over the past year.
|WTS Average Weekly Movement||5.0%|
|Machinery Industry Average Movement||6.2%|
|Market Average Movement||8.1%|
|10% most volatile stocks in US Market||16.8%|
|10% least volatile stocks in US Market||3.3%|
Stable Share Price: WTS is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: WTS's weekly volatility (5%) has been stable over the past year.
About the Company
Watts Water Technologies, Inc. designs, manufactures, and sells products, solution, and systems that manage and conserve the flow of fluids and energy into, through and out of buildings in the commercial and residential markets in the Americas, Europe, the Asia-Pacific, the Middle East, and Africa. The company offers residential and commercial flow control products, including backflow preventers, water pressure regulators, temperature and pressure relief valves, and thermostatic mixing valves. It also provides heating, ventilation, and air conditioning and gas products, such as boilers, water heaters, custom heat, and hot water solutions; hydronic and electric heating systems for under-floor radiant applications; custom heat and hot water solutions; hydronic pump groups for boiler manufacturers and alternative energy control packages; and flexible stainless steel connectors for natural and liquid propane gas in commercial food service and residential applications.
Watts Water Technologies Fundamentals Summary
|WTS fundamental statistics|
Is WTS overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|WTS income statement (TTM)|
|Cost of Revenue||US$1.07b|
Last Reported Earnings
Mar 27, 2022
Next Earnings Date
|Earnings per share (EPS)||5.34|
|Net Profit Margin||9.60%|
How did WTS perform over the long term?See historical performance and comparison
1.0%Current Dividend Yield
Is WTS undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score 3/6
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Key Valuation Metric
Which metric is best to use when looking at relative valuation for WTS?
Other financial metrics that can be useful for relative valuation.
|What is WTS's n/a Ratio?|
Price to Earnings Ratio vs Peers
How does WTS's PE Ratio compare to its peers?
|WTS PE Ratio vs Peers|
|Company||PE||Estimated Growth||Market Cap|
AQUA Evoqua Water Technologies
GTLS Chart Industries
WTS Watts Water Technologies
Price-To-Earnings vs Peers: WTS is good value based on its Price-To-Earnings Ratio (23.3x) compared to the peer average (63.4x).
Price to Earnings Ratio vs Industry
How does WTS's PE Ratio compare vs other companies in the US Machinery Industry?
Price-To-Earnings vs Industry: WTS is expensive based on its Price-To-Earnings Ratio (23.3x) compared to the US Machinery industry average (20.6x)
Price to Earnings Ratio vs Fair Ratio
What is WTS'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.
|Current PE Ratio||23.3x|
|Fair PE Ratio||17.7x|
Price-To-Earnings vs Fair Ratio: WTS is expensive based on its Price-To-Earnings Ratio (23.3x) compared to the estimated Fair Price-To-Earnings Ratio (17.7x).
Share Price vs Fair Value
What is the Fair Price of WTS when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: WTS ($124.33) is trading below our estimate of fair value ($192.8)
Significantly Below Fair Value: WTS is trading below fair value by more than 20%.
Price to Earnings Growth Ratio
PEG Ratio: WTS is poor value based on its PEG Ratio (2.9x)
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How is Watts Water Technologies forecast to perform in the next 1 to 3 years based on estimates from 8 analysts?
Future Growth Score1/6
Future Growth Score 1/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: WTS's forecast earnings growth (8% per year) is above the savings rate (1.9%).
Earnings vs Market: WTS's earnings (8% per year) are forecast to grow slower than the US market (13.6% per year).
High Growth Earnings: WTS's earnings are forecast to grow, but not significantly.
Revenue vs Market: WTS's revenue (3.5% per year) is forecast to grow slower than the US market (8.2% per year).
High Growth Revenue: WTS's revenue (3.5% 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 WTS's Return on Equity is forecast to be high in 3 years time
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How has Watts Water Technologies performed over the past 5 years?
Past Performance Score5/6
Past Performance Score 5/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: WTS has high quality earnings.
Growing Profit Margin: WTS's current net profit margins (9.6%) are higher than last year (8.1%).
Past Earnings Growth Analysis
Earnings Trend: WTS's earnings have grown by 13.2% per year over the past 5 years.
Accelerating Growth: WTS's earnings growth over the past year (44.1%) exceeds its 5-year average (13.2% per year).
Earnings vs Industry: WTS earnings growth over the past year (44.1%) exceeded the Machinery industry 22.7%.
Return on Equity
High ROE: WTS's Return on Equity (15.4%) is considered low.
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How is Watts Water Technologies's financial position?
Financial Health Score6/6
Financial Health Score 6/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: WTS's short term assets ($919.9M) exceed its short term liabilities ($404.8M).
Long Term Liabilities: WTS's short term assets ($919.9M) exceed its long term liabilities ($336.0M).
Debt to Equity History and Analysis
Debt Level: WTS has more cash than its total debt.
Reducing Debt: WTS's debt to equity ratio has reduced from 82.7% to 17.4% over the past 5 years.
Debt Coverage: WTS's debt is well covered by operating cash flow (71.7%).
Interest Coverage: WTS's interest payments on its debt are well covered by EBIT (48.5x coverage).
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What is Watts Water Technologies's current dividend yield, its reliability and sustainability?
Dividend Score 4/6
Future Dividend Coverage
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: WTS's dividend (0.97%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.6%).
High Dividend: WTS's dividend (0.97%) is low compared to the top 25% of dividend payers in the US market (4.25%).
Stability and Growth of Payments
Stable Dividend: WTS's dividends per share have been stable in the past 10 years.
Growing Dividend: WTS's dividend payments have increased over the past 10 years.
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (19.7%), WTS's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (34.2%), WTS's dividend payments are well covered by cash flows.
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How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Bob Pagano (59 yo)
Mr. Robert J. Pagano, Jr., also known as Bob, serves as the Chief Executive Officer and President of Watts Water Technologies, Inc. since May 27, 2014 and serves as its Chairman since February 07, 2022 and...
CEO Compensation Analysis
Compensation vs Market: Bob's total compensation ($USD7.07M) is about average for companies of similar size in the US market ($USD6.91M).
Compensation vs Earnings: Bob's compensation has increased by more than 20% in the past year.
Experienced Management: WTS's management team is seasoned and experienced (6.5 years average tenure).
Experienced Board: WTS's board of directors are considered experienced (7.6 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: WTS 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.
Watts Water Technologies, Inc.'s employee growth, exchange listings and data sources
- Name: Watts Water Technologies, Inc.
- Ticker: WTS
- Exchange: NYSE
- Founded: 1874
- Industry: Industrial Machinery
- Sector: Capital Goods
- Implied Market Cap: US$4.159b
- Shares outstanding: 33.45m
- Website: https://www.watts.com
Number of Employees
- Watts Water Technologies, Inc.
- 815 Chestnut Street
- North Andover
- United States
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/07/03 00:00|
|End of Day Share Price||2022/07/01 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.