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Market Cap

US$15.3b

Last Updated

2021/05/17 22:11 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 in the United States, Europe, Russia, and internationally. More Details


Snowflake Analysis

Flawless balance sheet and fair value.


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

Stable Share Price: MHK is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: MHK's weekly volatility (5%) has been stable over the past year.


Market Performance


7 Day Return

-3.6%

MHK

-5.3%

US Consumer Durables

-0.6%

US Market


1 Year Return

153.9%

MHK

95.2%

US Consumer Durables

46.0%

US Market

Return vs Industry: MHK exceeded the US Consumer Durables industry which returned 115.5% over the past year.

Return vs Market: MHK exceeded the US Market which returned 50.8% over the past year.


Shareholder returns

MHKIndustryMarket
7 Day-3.6%-5.3%-0.6%
30 Day6.6%-0.9%-1.8%
90 Day27.6%13.7%0.2%
1 Year153.9%153.9%97.1%95.2%48.4%46.0%
3 Year1.0%1.0%76.4%69.7%60.5%50.4%
5 Year13.4%13.4%110.0%95.3%125.9%100.9%

Long-Term 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

Valuation

Is Mohawk Industries undervalued compared to its fair value and its price relative to the market?

40.0%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: MHK ($218.25) is trading below our estimate of fair value ($363.55)

Significantly Below Fair Value: MHK is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: MHK is poor value based on its PE Ratio (24.1x) compared to the US Consumer Durables industry average (16.4x).

PE vs Market: MHK is poor value based on its PE Ratio (24.1x) compared to the US market (19.8x).


Price to Earnings Growth Ratio

PEG Ratio: MHK is poor value based on its PEG Ratio (2.4x)


Price to Book Ratio

PB vs Industry: MHK is good value based on its PB Ratio (1.8x) compared to the US Consumer Durables industry average (2.1x).


Future Growth

How is Mohawk Industries forecast to perform in the next 1 to 3 years based on estimates from 12 analysts?

10.2%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: MHK's forecast earnings growth (10.2% per year) is above the savings rate (2%).

Earnings vs Market: MHK's earnings (10.2% per year) are forecast to grow slower than the US market (14.6% per year).

High Growth Earnings: MHK's earnings are forecast to grow, but not significantly.

Revenue vs Market: MHK's revenue (4.7% per year) is forecast to grow slower than the US market (9% per year).

High Growth Revenue: MHK's revenue (4.7% 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 MHK's Return on Equity is forecast to be high in 3 years time


Past Performance

How has Mohawk Industries performed over the past 5 years?

-9.5%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: MHK has high quality earnings.

Growing Profit Margin: MHK's current net profit margins (6.5%) are lower than last year (7.3%).


Past Earnings Growth Analysis

Earnings Trend: MHK's earnings have declined by 9.5% per year over the past 5 years.

Accelerating Growth: MHK's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: MHK had negative earnings growth (-10.4%) over the past year, making it difficult to compare to the Consumer Durables industry average (65.3%).


Return on Equity

High ROE: MHK's Return on Equity (7.6%) is considered low.


Financial Health

How is Mohawk Industries's financial position?


Financial Position Analysis

Short Term Liabilities: MHK's short term assets ($5.6B) exceed its short term liabilities ($3.0B).

Long Term Liabilities: MHK's short term assets ($5.6B) exceed its long term liabilities ($2.8B).


Debt to Equity History and Analysis

Debt Level: MHK's debt to equity ratio (30.8%) is considered satisfactory.

Reducing Debt: MHK's debt to equity ratio has reduced from 62.6% to 30.8% over the past 5 years.

Debt Coverage: MHK's debt is well covered by operating cash flow (70%).

Interest Coverage: MHK's interest payments on its debt are well covered by EBIT (17.3x coverage).


Balance Sheet


Dividend

What is Mohawk Industries's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate MHK's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate MHK's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if MHK's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if MHK's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of MHK's dividend in 3 years as they are not forecast to pay a notable one for the US market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

9.5yrs

Average management tenure


CEO

Jeff Lorberbaum (65 yo)

20.33yrs

Tenure

US$3,636,376

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 H...


CEO Compensation Analysis

Compensation vs Market: Jeff's total compensation ($USD3.64M) is below average for companies of similar size in the US market ($USD11.20M).

Compensation vs Earnings: Jeff's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: MHK's management team is seasoned and experienced (9.5 years average tenure).


Board Members

Experienced Board: MHK's board of directors are seasoned and experienced ( 11.6 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: MHK insiders have only sold shares in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

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$15.273b
  • Shares outstanding: 69.71m
  • Website: https://www.mohawkind.com

Number of Employees


Location

  • Mohawk Industries, Inc.
  • 160 South Industrial Boulevard
  • Calhoun
  • Georgia
  • 30701
  • United States

Listings


Biography

Mohawk Industries, Inc. designs, manufactures, sources, distributes, and markets flooring products for remodeling and new constructions of residential and commercial spaces in the United States, Europe, Ru...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/05/17 22:11
End of Day Share Price2021/05/17 00:00
Earnings2021/04/03
Annual Earnings2020/12/31


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.