Mohawk Industries
Market Cap
US$8.8b
Last Updated
2019/09/16 23:38 UTC
Data Sources
Company Financials +
Executive Summary
Mohawk Industries, Inc. designs, manufactures, sources, distributes, and markets flooring products for remodeling and new constructions of residential and commercial spaces worldwide.
Snowflake
Fundamentals
Flawless balance sheet and undervalued.
Risks
- Mohawk Industries has significant price volatility in the past 3 months.
Similar Companies
Share Price & News
How has Mohawk Industries's share price performed over time and what events caused price changes?
Latest Share Price and Events
Market Performance
7 Day Return
1.0%
NYSE:MHK
1.0%
US Consumer Durables
1.1%
US Market
1 Year Return
-34.5%
NYSE:MHK
14.6%
US Consumer Durables
2.1%
US Market
MHK underperformed the Consumer Durables industry which returned 14% over the past year.
MHK underperformed the Market in United States of America which returned 2% over the past year.
Share holder returns
| MHK | Industry | Market | |
|---|---|---|---|
| 7 Day | 1.0% | 1.0% | 1.1% |
| 30 Day | 10.0% | 4.8% | 3.7% |
| 90 Day | -18.7% | 4.8% | 2.3% |
| 1 Year | -34.5%-34.5% | 16.1%14.6% | 4.4%2.1% |
| 3 Year | -40.7%-40.7% | 44.1%39.8% | 47.0%37.4% |
| 5 Year | -11.0%-11.0% | 36.1%27.4% | 61.6%43.8% |
Price Volatility Vs. Market
How volatile is Mohawk Industries's share price compared to the market and industry in the last 5 years?
Simply Wall St News
5 days ago | Simply Wall St
Does Mohawk Industries, Inc.'s (NYSE:MHK) CEO Pay Reflect Performance?1 week ago | Simply Wall St
What Should You Know About Mohawk Industries, Inc.'s (NYSE:MHK) Future?3 weeks ago | Simply Wall St
Mohawk Industries, Inc. (NYSE:MHK): Does The Earnings Decline Make It An Underperformer?Valuation
Is Mohawk Industries undervalued based on future cash flows and its price relative to the stock market?
43%
Discount to future cash flow value
Intrinsic Value Based on Future Cash Flows
Mohawk Industries's share price is below the future cash flow value, and at a moderate discount (> 20%).
Mohawk Industries's share price is below the future cash flow value, and at a substantial discount (> 40%).
Price Based on Earnings
Mohawk Industries is good value based on earnings compared to the US Consumer Durables industry average.
Mohawk Industries is good value based on earnings compared to the United States of America market.
Price Based on Expected Growth
Mohawk Industries is poor value based on expected growth next year.
Price Based on Value of Assets
Mohawk Industries is good value based on assets compared to the US Consumer Durables industry average.
Next Steps
Future Growth
How is Mohawk Industries expected to perform in the next 1 to 3 years based on estimates from 15 analysts?
11.5%
Forecasted annual earnings growth
Earnings and Revenue Growth Estimates
Future Annual Growth Analysis
Mohawk Industries's revenue is expected to grow by 2.7% yearly, however this is not considered high growth (20% yearly).
Mohawk Industries's earnings are expected to grow by 11.5% yearly, however this is not considered high growth (20% yearly).
Mohawk Industries's revenue growth is positive but not above the United States of America market average.
Mohawk Industries's earnings growth is positive but not above the United States of America market average.
Mohawk Industries's earnings growth is expected to exceed the low risk savings rate of 2.7%.
Earnings per Share Growth Estimates
Future Return on Equity
Unable to establish if Mohawk Industries will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
Next Steps
Past Performance
How has Mohawk Industries performed over the past 5 years?
12.1%
Historical annual earnings growth
Earnings and Revenue History
Past Earnings Growth Analysis
Mohawk Industries's year on year earnings growth rate has been positive over the past 5 years.
Mohawk Industries's 1-year earnings growth is negative, it can't be compared to the 5-year average.
Mohawk Industries's 1-year earnings growth is negative, it can't be compared to the US Consumer Durables industry average.
Return on Equity
Mohawk Industries has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
Return on Assets
Mohawk Industries used its assets less efficiently than the US Consumer Durables industry average last year based on Return on Assets.
Return on Capital Employed
Mohawk Industries's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
Next Steps
Financial Health
How is Mohawk Industries's financial position?
Financial Position Analysis
Mohawk Industries is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
Mohawk Industries's cash and other short term assets cover its long term commitments.
Debt to Equity History and Analysis
Mohawk Industries's level of debt (39.1%) compared to net worth is satisfactory (less than 40%).
The level of debt compared to net worth has been reduced over the past 5 years (51.9% vs 39.1% today).
Debt is well covered by operating cash flow (36.9%, greater than 20% of total debt).
Interest payments on debt are well covered by earnings (EBIT is 23.3x coverage).
Balance Sheet
High level of physical assets or inventory.
Debt is covered by short term assets, assets are 1.6x debt.
Next Steps
Dividend
What is Mohawk Industries's current dividend yield, its reliability and sustainability?
Dividend Yield and Payments Analysis
Unable to evaluate Mohawk Industries's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
Unable to evaluate Mohawk Industries's dividend against the top 25% market benchmark as the company has not reported any payouts.
Unable to perform a dividend volatility check as Mohawk Industries has not reported any payouts.
Unable to verify if Mohawk Industries's dividend has been increasing as the company has not reported any payouts.
Current Payout to Shareholders
Unable to calculate sustainability of dividends as Mohawk Industries has not reported any payouts.
Future Payout to Shareholders
No need to calculate the sustainability of Mohawk Industries's dividends in 3 years as they are not expected to pay a notable one for United States of America.
Next Steps
Management
What is the CEO of Mohawk Industries's salary, the management and board of directors tenure and is there insider trading?
9.4yrs
Average management tenure
CEO
Jeff Lorberbaum (64yo)
18.7yrs
Tenure
US$4,631,485
Compensation
Mr. Jeffrey S. Lorberbaum, also known as Jeff, has been the Chief Executive Officer of Mohawk Industries, Inc. since January 1, 2001. Mr. Lorberbaum is a co-owner of Helm Management Corporation and Cuddy HÂ ...
CEO Compensation Analysis
Jeff's remuneration is lower than average for companies of similar size in United States of America.
Jeff's compensation has been consistent with company performance over the past year, both up more than 20%.
Management Age and Tenure
9.4yrs
Average Tenure
63yo
Average Age
The average tenure for the Mohawk Industries management team is over 5 years, this suggests they are a seasoned and experienced team.
Board Age and Tenure
10.0yrs
Average Tenure
65yo
Average Age
The tenure for the Mohawk Industries board of directors is about average.
Insider Trading
More shares have been bought than sold by Mohawk Industries individual insiders in the past 3 months.
Recent Insider Transactions
| Entity | Individual |
| Role | Unit President President of Flooring North America Segment |
| Shares | 800 |
| Max Price | US$126.44 |
| Entity | Company |
| Shares | 12,500 |
| Max Price | US$109.98 |
| Entity | Individual |
| Role | Member of the Board of Directors Director |
| Shares | 2,000 |
| Max Price | US$118.38 |
| Entity | Individual |
| Role | Unit President President of Unilin - Flooring Rest of World |
| Shares | 2,800 |
| Max Price | US$149.85 |
| Entity | Company |
| Shares | 4,200 |
| Max Price | US$148.04 |
| Entity | Individual |
| Role | Chief Executive Officer Chairman & CEO |
| Shares | 6,000 |
| Max Price | US$145.00 |
| Entity | Individual |
| Role | Chief Executive Officer Chairman & CEO |
| Shares | 18,000 |
| Max Price | US$143.68 |
| Entity | Individual |
| Role | Chief Legal Officer VP of Business Strategy |
| Shares | 2,260 |
| Max Price | US$133.50 |
| Entity | Company |
| Shares | 14,247 |
| Max Price | US$143.00 |
| Entity | Company |
| Shares | 9,000 |
| Max Price | US$109.76 |
| Entity | Company |
| Shares | 24,937 |
| Max Price | US$117.66 |
| Entity | Individual |
| Role | Member of the Board of Directors Director |
| Shares | 1,000 |
| Max Price | US$118.50 |
| Entity | Company |
| Shares | 52,546 |
| Max Price | US$119.35 |
| Entity | Individual |
| Role | Member of the Board of Directors Director |
| Shares | 500 |
| Max Price | US$119.00 |
| Entity | Company |
| Shares | 43,400 |
| Max Price | US$119.50 |
| Entity | Company |
| Shares | 22,900 |
| Max Price | US$119.92 |
| Entity | Company |
| Shares | 78,200 |
| Max Price | US$125.92 |
| Entity | Individual |
| Role | Chief Legal Officer VP of Business Strategy |
| Shares | 763 |
| Max Price | US$127.92 |
| Entity | Company |
| Shares | 10,000 |
| Max Price | US$127.48 |
| Entity | Company |
| Shares | 10,642 |
| Max Price | US$128.83 |
| Entity | Company |
| Shares | 250,000 |
| Max Price | US$118.42 |
| Entity | Individual |
| Shares | 2,698 |
| Max Price | US$116.50 |
Ownership Breakdown
Management Team
Jeff Lorberbaum (64yo)
Chairman & CEO
- Tenure: 18.7yrs
- Compensation: US$4.63m
Chris Wellborn (63yo)
President
- Tenure: 17.5yrs
- Compensation: US$4.00m
Dave Patton (48yo)
VP of Business Strategy
- Tenure: 6.2yrs
Frank Boykin (64yo)
Senior Consultant
- Tenure: 0.4yrs
- Compensation: US$2.11m
Bernard Thiers (63yo)
President of Unilin - Flooring Rest of World
- Tenure: 10.7yrs
- Compensation: US$2.54m
James Brunk (54yo)
Chief Accounting Officer
- Tenure: 10.3yrs
Glenn Landau (50yo)
Executive VP & CFO
- Tenure: 0.4yrs
Shailesh Bettadapur
VP & Treasurer
- Tenure: 9.4yrs
Paul De Cock
President of Flooring North America Segment
- Tenure: 0.8yrs
- Compensation: US$6.31m
Kenneth Huelskamp
Vice President of Investor Relations
- Tenure: 0yrs
Board Members
Bruce Bruckmann (66yo)
Director
- Tenure: 26.9yrs
- Compensation: US$179.70k
Jeff Lorberbaum (64yo)
Chairman & CEO
- Tenure: 18.7yrs
- Compensation: US$4.63m
Rick Ill (76yo)
Director
- Tenure: 8.3yrs
- Compensation: US$169.70k
Chris Wellborn (63yo)
President
- Tenure: 17.5yrs
- Compensation: US$4.00m
William Runge (67yo)
Director
- Tenure: 5.2yrs
- Compensation: US$169.70k
Joseph Onorato (70yo)
Director
- Tenure: 11.6yrs
- Compensation: US$184.70k
Filip Balcaen (59yo)
Director
- Tenure: 3.6yrs
- Compensation: US$169.70k
Pilkington Smith Bogart (62yo)
Director
- Tenure: 8.3yrs
- Compensation: US$179.70k
Company Information
Mohawk Industries, Inc.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Mohawk Industries, Inc.
- Ticker: MHK
- Exchange: NYSE
- Founded: 1988
- Industry: Home Furnishings
- Sector: Consumer Durables
- Market Cap: US$8.835b
- Shares outstanding: 72.15m
- Website: https://www.mohawkind.com
Number of Employees
Location
- Mohawk Industries, Inc.
- 160 South Industrial Boulevard
- Calhoun
- Georgia
- 30701
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| MHK | NYSE (New York Stock Exchange) | Yes | Common Stock | US | USD | Apr 1992 |
| MWK | DB (Deutsche Boerse AG) | Yes | Common Stock | DE | EUR | Apr 1992 |
| 0K2F | LSE (London Stock Exchange) | Yes | Common Stock | GB | USD | Apr 1992 |
Biography
Mohawk Industries, Inc. designs, manufactures, sources, distributes, and markets flooring products for remodeling and new constructions of residential and commercial spaces worldwide. It operates through t ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2019/09/16 23:38 |
| End of Day Share Price | 2019/09/16 00:00 |
| Earnings | 2019/06/29 |
| Annual Earnings | 2018/12/31 |
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.