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MHK

Mohawk IndustriesNYSE:MHK Stock Report

Market Cap

US$11.4b

7D

-7.4%

1Y

32.5%

Updated

30 Nov, 2021

Data

Company Financials +
MHK fundamental analysis
Snowflake Score
Valuation4/6
Future Growth1/6
Past Performance4/6
Financial Health6/6
Dividends0/6

MHK Stock Overview

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.

Mohawk Industries Competitors

Leggett & Platt

NYSE:LEG

US$5.4b

Stanley Black & Decker

NYSE:SWK

US$28.5b

Masco

NYSE:MAS

US$16.1b

Forbo Holding

SWX:FORN

CHF2.8b

Price History & Performance

Summary of all time highs, changes and price drops for Mohawk Industries
Historical stock prices
Current Share PriceUS$167.87
52 Week HighUS$231.80
52 Week LowUS$124.16
Beta1.5
1 Month Change-5.27%
3 Month Change-14.35%
1 Year Change32.46%
3 Year Change38.39%
5 Year Change-13.91%
Change since IPO2,356.63%

Recent News & Updates

Nov 17
I Ran A Stock Scan For Earnings Growth And Mohawk Industries (NYSE:MHK) Passed With Ease

I Ran A Stock Scan For Earnings Growth And Mohawk Industries (NYSE:MHK) Passed With Ease

For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...

Nov 04
Mohawk Industries (NYSE:MHK) Has A Rock Solid Balance Sheet

Mohawk Industries (NYSE:MHK) Has A Rock Solid Balance Sheet

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...

Oct 22
Returns On Capital Signal Tricky Times Ahead For Mohawk Industries (NYSE:MHK)

Returns On Capital Signal Tricky Times Ahead For Mohawk Industries (NYSE:MHK)

If you're looking for a multi-bagger, there's a few things to keep an eye out for. Firstly, we'll want to see a proven...

Oct 07
Should You Think About Buying Mohawk Industries, Inc. (NYSE:MHK) Now?

Should You Think About Buying Mohawk Industries, Inc. (NYSE:MHK) Now?

Today we're going to take a look at the well-established Mohawk Industries, Inc. ( NYSE:MHK ). The company's stock...

Shareholder Returns

MHKUS Consumer DurablesUS Market
7D-7.4%-2.3%-0.9%
1Y32.5%28.5%23.3%

Return vs Industry: MHK exceeded the US Consumer Durables industry which returned 26.4% over the past year.

Return vs Market: MHK exceeded the US Market which returned 21.3% over the past year.

Price Volatility

Is MHK's price volatile compared to industry and market?
MHK volatility
MHK Average Weekly Movement4.9%
Consumer Durables Industry Average Movement5.5%
Market Average Movement6.0%
10% most volatile stocks in US Market15.0%
10% least volatile stocks in US Market2.3%

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.

About the Company

FoundedEmployeesCEOWebsite
198842,000Jeff Lorberbaumhttps://www.mohawkind.com

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. It operates through three segments: Global Ceramic, Flooring North America (Flooring NA), and Flooring Rest of the World (Flooring ROW). The Global Ceramic segment provides a range of ceramic tile, porcelain tile, and natural stone products; and sources, markets, and distributes other tile related products.

Mohawk Industries Fundamentals Summary

How do Mohawk Industries's earnings and revenue compare to its market cap?
MHK fundamental statistics
Market CapUS$11.37b
Earnings (TTM)US$1.09b
Revenue (TTM)US$11.08b

10.4x

P/E Ratio

1.0x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
MHK income statement (TTM)
RevenueUS$11.08b
Cost of RevenueUS$7.77b
Gross ProfitUS$3.31b
ExpensesUS$2.22b
EarningsUS$1.09b

Last Reported Earnings

Oct 02, 2021

Next Earnings Date

n/a

Earnings per share (EPS)16.13
Gross Margin29.85%
Net Profit Margin9.86%
Debt/Equity Ratio25.7%

How did MHK perform over the long term?

See historical performance and comparison

Valuation

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

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: MHK ($174.38) is trading below our estimate of fair value ($411.03)

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


Price To Earnings Ratio

PE vs Industry: MHK's PE Ratio (10.8x) is in line with the US Consumer Durables industry average.

PE vs Market: MHK is good value based on its PE Ratio (10.8x) compared to the US market (17.1x).


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 (1.4x) compared to the US Consumer Durables industry average (1.9x).


Future Growth

How is Mohawk Industries forecast to perform in the next 1 to 3 years based on estimates from 13 analysts?

4.4%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: MHK's forecast earnings growth (4.4% per year) is above the savings rate (2%).

Earnings vs Market: MHK's earnings (4.4% per year) are forecast to grow slower than the US market (14.3% per year).

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

Revenue vs Market: MHK's revenue (4% per year) is forecast to grow slower than the US market (10.1% per year).

High Growth Revenue: MHK's revenue (4% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: MHK's Return on Equity is forecast to be low in 3 years time (10.6%).


Past Performance

How has Mohawk Industries performed over the past 5 years?

-6.1%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: MHK has high quality earnings.

Growing Profit Margin: MHK's current net profit margins (9.9%) are higher than last year (5.7%).


Past Earnings Growth Analysis

Earnings Trend: MHK's earnings have declined by 6.1% per year over the past 5 years.

Accelerating Growth: MHK's earnings growth over the past year (105.7%) exceeds its 5-year average (-6.1% per year).

Earnings vs Industry: MHK earnings growth over the past year (105.7%) exceeded the Consumer Durables industry 69.8%.


Return on Equity

High ROE: MHK's Return on Equity (12.5%) 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 ($2.9B).

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 net debt to equity ratio (12.8%) is considered satisfactory.

Reducing Debt: MHK's debt to equity ratio has reduced from 47.5% to 25.7% over the past 5 years.

Debt Coverage: MHK's debt is well covered by operating cash flow (66.9%).

Interest Coverage: MHK's interest payments on its debt are well covered by EBIT (24.3x 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?

8.3yrs

Average management tenure


CEO

Jeff Lorberbaum (66 yo)

20.83yrs

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 ($USD3.64M) is below average for companies of similar size in the US market ($USD11.11M).

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 (8.3 years average tenure).


Board Members

Experienced Board: MHK's board of directors are seasoned and experienced ( 13.7 years average tenure).


Ownership

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


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold 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 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$11.370b
  • Shares outstanding: 67.73m
  • Website: https://www.mohawkind.com

Number of Employees


Location

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

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/11/30 23:53
End of Day Share Price2021/11/30 00:00
Earnings2021/10/02
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.