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Hawkins

Nasdaq:HWKN
Snowflake Description

Excellent balance sheet with moderate growth potential.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
HWKN
Nasdaq
$455M
Market Cap
  1. Home
  2. US
  3. Materials
Company description

Hawkins, Inc. blends, manufactures, and distributes chemicals and other specialty ingredients in the United States and internationaly. The last earnings update was 47 days ago. More info.


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HWKN Share Price and Events
7 Day Returns
2.1%
NasdaqGS:HWKN
-1.6%
US Chemicals
-1.5%
US Market
1 Year Returns
8.8%
NasdaqGS:HWKN
-15.4%
US Chemicals
-4.2%
US Market
HWKN Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Hawkins (HWKN) 2.1% 1.6% -2.1% 8.8% 15.2% 11%
US Chemicals -1.6% -8.9% -16.1% -15.4% 25.6% 17%
US Market -1.5% -5.2% -11.2% -4.2% 27.3% 35.3%
1 Year Return vs Industry and Market
  • HWKN outperformed the Chemicals industry which returned -15.4% over the past year.
  • HWKN outperformed the Market in United States of America which returned -4.2% over the past year.
Price Volatility
HWKN
Industry
5yr Volatility vs Market

Value

 Is Hawkins undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Hawkins to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Hawkins.

NasdaqGS:HWKN Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Extrapolated from most recent financials. See below
Discount Rate (Cost of Equity) See below 11.3%
Perpetual Growth Rate 10-Year US Government Bond Rate 3%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for NasdaqGS:HWKN
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year US Govt Bond Rate 3%
Equity Risk Premium S&P Global 7.1%
Chemicals Unlevered Beta Simply Wall St/ S&P Global 1.03
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 1.027 (1 + (1- 21%) (18.85%))
1.18
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.18
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 2.95% + (1.18 * 7.05%)
11.27%

Discounted Cash Flow Calculation for NasdaqGS:HWKN using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Hawkins is arrived at by discounting future cash flows to their present value using the 2 stage method. We use analyst's estimates of cash flows going forward 5 years for the 1st stage, the 2nd stage assumes the company grows at a stable rate into perpetuity.

NasdaqGS:HWKN DCF 1st Stage: Next 5 year cash flow forecast
2019 2020 2021 2022 2023
Levered FCF (USD, Millions) 32.88 36.32 40.12 44.32 48.96
Source Est @ 10.46% Est @ 10.46% Est @ 10.46% Est @ 10.46% Est @ 10.46%
Present Value
Discounted (@ 11.27%)
29.55 29.34 29.12 28.91 28.70
Present value of next 5 years cash flows $145.62
NasdaqGS:HWKN DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2023 × (1 + g) ÷ (Discount Rate – g)
= $48.96 × (1 + 2.95%) ÷ (11.27% – 2.95%)
$605.75
Present Value of Terminal Value = Terminal Value ÷ (1 + r)5
= $605.75 ÷ (1 + 11.27%)5
$355.14
NasdaqGS:HWKN Total Equity Value
Calculation Result
Total Equity Value = Present value of next 5 years cash flows + Terminal Value
= $145.62 + $355.14
$500.76
Equity Value per Share
(USD)
= Total value / Shares Outstanding
= $500.76 / 10.72
$46.71
NasdaqGS:HWKN Discount to Share Price
Calculation Result
Value per share (USD) From above. $46.71
Current discount Discount to share price of $41.22
= -1 x ($41.22 - $46.71) / $46.71
11.8%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price Hawkins is available for.
Intrinsic value
12%
Share price is $41.22 vs Future cash flow value of $46.71
Current Discount Checks
For Hawkins to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Hawkins's share price is below the future cash flow value, but not at a moderate discount (< 20%).
  • Hawkins's share price is below the future cash flow value, but not at a substantial discount (< 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Hawkins's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Hawkins's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
NasdaqGS:HWKN PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-09-30) in USD $-0.35
NasdaqGS:HWKN Share Price ** NasdaqGS (2018-12-17) in USD $41.22
United States of America Chemicals Industry PE Ratio Median Figure of 60 Publicly-Listed Chemicals Companies 18.4x
United States of America Market PE Ratio Median Figure of 3,017 Publicly-Listed Companies 16.77x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Hawkins.

NasdaqGS:HWKN PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= NasdaqGS:HWKN Share Price ÷ EPS (both in USD)

= 41.22 ÷ -0.35

-119x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Hawkins is loss making, we can't compare its value to the US Chemicals industry average.
  • Hawkins is loss making, we can't compare the value of its earnings to the United States of America market.
Price based on expected Growth
Does Hawkins's expected growth come at a high price?
Raw Data
NasdaqGS:HWKN PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -119x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
30.7%per year
United States of America Chemicals Industry PEG Ratio Median Figure of 43 Publicly-Listed Chemicals Companies 1.19x
United States of America Market PEG Ratio Median Figure of 2,105 Publicly-Listed Companies 1.16x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Hawkins, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Hawkins's assets?
Raw Data
NasdaqGS:HWKN PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-09-30) in USD $20.39
NasdaqGS:HWKN Share Price * NasdaqGS (2018-12-17) in USD $41.22
United States of America Chemicals Industry PB Ratio Median Figure of 91 Publicly-Listed Chemicals Companies 2.24x
United States of America Market PB Ratio Median Figure of 5,082 Publicly-Listed Companies 1.7x
NasdaqGS:HWKN PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NasdaqGS:HWKN Share Price ÷ Book Value per Share (both in USD)

= 41.22 ÷ 20.39

2.02x

* Primary Listing of Hawkins.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Hawkins is good value based on assets compared to the US Chemicals industry average.
X
Value checks
We assess Hawkins's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Chemicals industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Chemicals industry average (and greater than 0)? (1 check)
  5. Hawkins has a total score of 1/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is Hawkins expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

  • No analysts cover Hawkins, future earnings growth has been estimated based on fundamentals.
The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
30.7%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Hawkins expected to grow at an attractive rate?
  • Hawkins's earnings growth is expected to exceed the low risk savings rate of 3%.
Growth vs Market Checks
  • Hawkins's earnings growth is expected to exceed the United States of America market average.
  • Unable to compare Hawkins's revenue growth to the United States of America market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
NasdaqGS:HWKN Future Growth Rates Data Sources
Data Point Source Value (per year)
NasdaqGS:HWKN Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts 30.7%
United States of America Chemicals Industry Earnings Growth Rate Market Cap Weighted Average 19.5%
United States of America Chemicals Industry Revenue Growth Rate Market Cap Weighted Average 5.2%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 14.1%
United States of America Market Revenue Growth Rate Market Cap Weighted Average 7.3%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
NasdaqGS:HWKN Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
NasdaqGS:HWKN Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
NasdaqGS:HWKN Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2018-09-30 540 48 -4
2018-07-01 520 46 -6
2018-04-01 504 27 -9
2017-12-31 496 28 32
2017-10-01 490 21 19
2017-07-02 486 18 21
2017-04-02 484 45 23
2017-01-01 494 44 23
2016-10-02 471 44 20
2016-07-03 444 43 19
2016-04-03 414 36 18
2015-12-27 378 27 17

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Hawkins's earnings are expected to grow significantly at over 20% yearly.
  • Unable to determine if Hawkins is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
NasdaqGS:HWKN Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Hawkins Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NasdaqGS:HWKN Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
NasdaqGS:HWKN Past Financials Data
Date (Data in USD Millions) EPS *
2018-09-30 -0.35
2018-07-01 -0.55
2018-04-01 -0.87
2017-12-31 3.06
2017-10-01 1.78
2017-07-02 1.97
2017-04-02 2.14
2017-01-01 2.21
2016-10-02 1.95
2016-07-03 1.80
2016-04-03 1.72
2015-12-27 1.63

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Hawkins will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess Hawkins's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United States of America market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Hawkins has a total score of 3/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Hawkins performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Hawkins's growth in the last year to its industry (Chemicals).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Hawkins does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare Hawkins's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Hawkins's 1-year growth to the US Chemicals industry average as it is not currently profitable.
Earnings and Revenue History
Hawkins's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Hawkins Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NasdaqGS:HWKN Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-09-30 540.17 -3.69 58.73
2018-07-01 520.24 -5.89 58.62
2018-04-01 504.17 -9.18 59.40
2017-12-31 495.80 32.39 54.40
2017-10-01 490.10 18.80 55.18
2017-07-02 485.95 20.78 55.22
2017-04-02 483.59 22.56 54.58
2017-01-01 494.49 23.20 59.17
2016-10-02 470.51 20.47 54.39
2016-07-03 443.85 18.96 49.82
2016-04-03 413.98 18.14 44.59
2015-12-27 377.74 17.18 40.06
2015-09-27 373.19 19.52 38.62
2015-06-28 367.48 19.98 36.59
2015-03-29 364.02 19.21 35.38
2014-12-28 355.97 19.61 34.12
2014-09-28 353.84 19.94 33.59
2014-06-29 351.56 19.00 33.62
2014-03-30 348.26 18.09 33.71
2013-12-29 350.64 17.96 33.74
2013-09-29 354.47 15.83 33.19
2013-06-30 355.03 17.86 32.35
2013-03-31 350.39 17.11 31.61
2012-12-30 346.00 16.22 31.19
2012-09-30 344.63 20.15 30.74
2012-07-01 345.34 19.64 31.13
2012-04-01 343.83 21.63 30.76
2012-01-01 342.58 20.25 30.74

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Hawkins has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Hawkins has efficiently used its assets last year compared to the US Chemicals industry average (Return on Assets) as it is loss-making.
  • Hawkins's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Hawkins's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Chemicals industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Hawkins has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Hawkins's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Hawkins's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Hawkins is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Hawkins's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Hawkins's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 1.6x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Hawkins Company Filings, last reported 2 months ago.

NasdaqGS:HWKN Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-09-30 217.77 85.69 4.04
2018-07-01 212.28 100.66 5.18
2018-04-01 202.25 100.63 4.99
2017-12-31 243.29 114.09 7.64
2017-10-01 225.66 111.93 3.78
2017-07-02 224.70 120.77 2.77
2017-04-02 217.83 102.62 6.86
2017-01-01 217.34 112.46 8.38
2016-10-02 212.83 113.67 16.65
2016-07-03 209.67 127.89 21.23
2016-04-03 200.98 129.11 20.01
2015-12-27 199.68 130.32 21.23
2015-09-27 198.45 0.00 30.81
2015-06-28 200.34 0.00 32.03
2015-03-29 193.96 0.00 33.12
2014-12-28 193.91 0.00 35.07
2014-09-28 190.09 0.00 42.14
2014-06-29 187.10 0.00 34.83
2014-03-30 182.41 0.00 47.33
2013-12-29 180.93 0.00 41.81
2013-09-29 177.16 0.00 44.21
2013-06-30 174.98 0.00 33.15
2013-03-31 170.17 0.00 44.34
2012-12-30 168.53 0.00 43.38
2012-09-30 166.53 0.00 47.60
2012-07-01 161.38 0.00 46.58
2012-04-01 156.61 0.00 40.78
2012-01-01 153.63 0.00 30.25
  • Hawkins's level of debt (39.3%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (0% vs 39.3% today).
  • Debt is well covered by operating cash flow (55.7%, greater than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 9.6x coverage).
X
Financial health checks
We assess Hawkins's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Hawkins has a total score of 5/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

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

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
2.18%
Current annual income from Hawkins dividends.
If you bought $2,000 of Hawkins shares you are expected to receive $44 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Hawkins's pays a higher dividend yield than the bottom 25% of dividend payers in United States of America (1.52%).
  • Hawkins's dividend is below the markets top 25% of dividend payers in United States of America (3.77%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
NasdaqGS:HWKN Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
United States of America Chemicals Industry Average Dividend Yield Market Cap Weighted Average of 51 Stocks 2.4%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 1983 Stocks 2.6%
United States of America Minimum Threshold Dividend Yield 10th Percentile 0.9%
United States of America Bottom 25% Dividend Yield 25th Percentile 1.5%
United States of America Top 25% Dividend Yield 75th Percentile 3.8%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

NasdaqGS:HWKN Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
NasdaqGS:HWKN Past Annualized Dividends Data
Date (Data in $) Dividend per share (annual) Avg. Yield (%)
2018-11-01 0.900 2.247
2018-08-02 0.900 2.305
2018-02-08 0.880 2.553
2017-08-09 0.880 2.351
2017-02-09 0.840 1.752
2017-02-08 0.840 1.680
2016-08-04 0.840 1.822
2016-02-04 0.800 2.079
2016-02-03 0.800 2.215
2015-07-30 0.800 2.102
2015-02-04 0.760 1.923
2015-02-03 0.760 1.973
2014-08-07 0.760 1.995
2014-02-04 0.720 2.006
2014-02-03 0.720 2.068
2013-08-01 0.720 1.941
2013-01-31 0.680 1.722
2013-01-30 0.680 1.751
2012-08-02 0.680 1.735
2012-02-02 0.640 1.756
2012-02-01 0.640 1.571
2011-08-02 0.640 1.776
2011-01-27 0.700 1.800
2011-01-26 0.700 1.660
2010-07-28 0.700 1.851
2010-01-27 0.560 2.296
2010-01-26 0.560 2.659
2009-08-05 0.560 2.568
2009-02-05 0.520 3.021
2008-12-18 0.520 3.422

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Dividends per share have been stable in the past 10 years.
  • Dividends per share have increased over the past 10 years.
Current Payout to shareholders
What portion of Hawkins's earnings are paid to the shareholders as a dividend.
  • The company is paying a dividend however it is incurring a loss.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Hawkins's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.9%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Hawkins afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Hawkins has a total score of 3/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of Hawkins's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Patrick Hawkins
COMPENSATION $1,049,203
AGE 47
TENURE AS CEO 7.8 years
CEO Bio

Mr. Patrick H. Hawkins has been the Chief Executive Officer and President of Hawkins, Inc. since March 11, 2011 and March 29, 2010 respectively. Mr. Hawkins served as Business Director - Food and Pharmaceuticals at Hawkins, Inc. since 2009 to 2010. Mr. Hawkins joined Hawkins in 1992 and served as Business Manager - Food and Co-Extrusion Products from 2007 to 2009 and Sales Representative - Food Ingredients from 2002 to 2007. Mr. Hawkins served Hawkins in various other capacities, including Plant Manager, Quality Director and Technical Director. He has been a Director of Hawkins, Inc. since May 6, 2011. Mr. Hawkins holds a Bachelor's degree in Chemistry from the University of St. Thomas in St. Paul, Minnesota.

CEO Compensation
  • Patrick's compensation has been consistent with company performance over the past year.
  • Patrick's remuneration is lower than average for companies of similar size in United States of America.
Management Team Tenure

Average tenure and age of the Hawkins management team in years:

7.5
Average Tenure
55
Average Age
  • The average tenure for the Hawkins management team is over 5 years, this suggests they are a seasoned and experienced team.
Management Team

Patrick Hawkins

TITLE
CEO, President & Director
COMPENSATION
$1M
AGE
47
TENURE
7.8 yrs

Jeff Oldenkamp

TITLE
VP, CFO & Treasurer
COMPENSATION
$958K
AGE
46
TENURE
1.5 yrs

Rich Erstad

TITLE
VP, General Counsel & Secretary
COMPENSATION
$577K
AGE
54
TENURE
10.1 yrs

John Sevenich

TITLE
Vice President of Industrial Group
COMPENSATION
$539K
AGE
60
TENURE
18.6 yrs

Tom Keller

TITLE
Vice President of Water Treatment Group
COMPENSATION
$555K
AGE
59
TENURE
7.5 yrs

Drew Grahek

TITLE
Vice President of Operations
TENURE
0.3 yrs

Paul Siler

TITLE
Corporate Controller
TENURE
5.9 yrs

Theresa Moran

TITLE
Vice President of Purchasing
AGE
55
TENURE
8.8 yrs

Dan Stauber

TITLE
VP of Health & Nutrition & Director
AGE
56
TENURE
0.8 yrs
Board of Directors Tenure

Average tenure and age of the Hawkins board of directors in years:

9.8
Average Tenure
58.5
Average Age
  • The tenure for the Hawkins board of directors is about average.
Board of Directors

Jack McKeon

TITLE
Chairman of the Board
COMPENSATION
$196K
AGE
73
TENURE
13.3 yrs

Patrick Hawkins

TITLE
CEO, President & Director
COMPENSATION
$1M
AGE
47
TENURE
7.8 yrs

Dan Stauber

TITLE
VP of Health & Nutrition & Director
AGE
56
TENURE
2.8 yrs

Jim Faulconbridge

TITLE
Independent Director
COMPENSATION
$121K
AGE
50
TENURE
12.1 yrs

Jeff Wright

TITLE
Independent Director
COMPENSATION
$133K
AGE
56
TENURE
9.8 yrs

Jim Thompson

TITLE
Independent Director
COMPENSATION
$123K
AGE
68
TENURE
9.8 yrs

Duane Jergenson

TITLE
Independent Director
COMPENSATION
$112K
AGE
71
TENURE
22.9 yrs

Mary Schumacher

TITLE
Independent Director
COMPENSATION
$120K
AGE
61
TENURE
6.2 yrs
Who owns this company?
Recent Insider Trading
  • More shares have been bought than sold by Hawkins insiders in the past 3 months.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price ($) Value ($)
08. Nov 18 Buy Daniel Stauber Individual 06. Nov 18 06. Nov 18 2,000 $37.69 $75,380
08. Jun 18 Buy Patrick Hawkins Individual 06. Jun 18 08. Jun 18 15,085 $35.86 $516,277
07. Jun 18 Buy Jeffrey Oldenkamp Individual 05. Jun 18 05. Jun 18 1,500 $33.15 $49,723
06. Jun 18 Buy Patrick Hawkins Individual 04. Jun 18 05. Jun 18 6,600 $33.18 $214,781
X
Management checks
We assess Hawkins's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Hawkins has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

External News
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Simply Wall St News

What Kind Of Shareholders Own Hawkins, Inc. (NASDAQ:HWKN)?

Institutions will often hold stock in bigger companies, and we expect to see insiders owning a noticeable percentage of the smaller ones. … We also tend to see lower insider ownership in companies that were previously publicly owned. … Hawkins is a smaller company with a market capitalization of US$428m, so it may still be flying under the radar of many institutional investors.

Simply Wall St -

Does Hawkins Inc's (NASDAQ:HWKN) CEO Pay Compare Well With Peers?

First, this article will compare CEO compensation with compensation at similar sized companies. … How Does Patrick Hawkins's Compensation Compare With Similar Sized Companies. … At the time of writing our data says that Hawkins Inc has a market cap of US$435m, and is paying total annual CEO compensation of US$1.0m

Simply Wall St -

What Should You Know About Hawkins Inc's (NASDAQ:HWKN) Return On Capital?

Your equity share is granted in return for the capital provided to the business to operate, and in order for an investment to be successful the business has to create earnings from the funds that make up this capital. … You need to pay attention to this because your return on investment is linked to dividends and internal investments to improve the business, which can only occur if the company is expected to produce adequate earnings with the capital that has been provided. … To understand Hawkins’s capital returns we will look at a useful metric called return on capital employed.

Simply Wall St -

Who Owns Most Of Hawkins Inc (NASDAQ:HWKN)?

In this analysis, my focus will be on developing a perspective on Hawkins Inc’s (NASDAQ:HWKN) latest ownership structure, a less discussed, but important factor. … The impact of a company's ownership structure affects both its short- and long-term performance. … Differences in ownership structure of companies can have a profound effect on how management's incentives are aligned with shareholder returns, and whether they adhere to corporate governance best practices.

Simply Wall St -

What Should You Know About Hawkins Inc's (NASDAQ:HWKN) Capital Returns?

and looking to gauge the potential return on investment in Hawkins Inc (NASDAQ:HWKN). … Your equity share is granted in return for the capital provided to the business to operate, and in order for an investment to be successful the business has to create earnings from the funds that make up this capital. … Thus, to understand how your money can grow by investing in Hawkins, you need to look at what the company returns to owners for the use of their capital, which can be done in many ways but today we will use return on capital employed (ROCE)

Simply Wall St -

May Top Materials Dividend Payers

During this period, they haven’t missed a payment, as one would expect from a company increasing their dividend. … During this period, they haven’t missed a payment, as one would expect from a company increasing their dividend. … NYSE:SWM Historical Dividend Yield May 6th 18 For more solid dividend paying companies to add to your portfolio, explore this interactive list of top dividend payers.

Simply Wall St -

March Materials Dividend Stock Picks

NasdaqGS:HWKN Historical Dividend Yield Mar 25th 18 Neenah, Inc. … NYSE:NP Historical Dividend Yield Mar 25th 18 Greif, Inc. … NYSE:GEF Historical Dividend Yield Mar 25th 18 For more solid dividend paying companies to add to your portfolio, explore this interactive list of top dividend payers.

Simply Wall St -

Should Income Investors Buy Hawkins Inc (NASDAQ:HWKN) Before Its Ex-Dividend?

View our latest analysis for Hawkins 5 questions to ask before buying a dividend stock Whenever I am looking at a potential dividend stock investment, I always check these five metrics: Is it the top 25% annual dividend yield payer? … Furthermore, analysts have not forecasted a dividends per share for the future, which makes it hard to determine the yield shareholders should expect, and whether the current payout is sustainable, moving forward. … In terms of its peers, Hawkins has a yield of 2.63%, which is high for Chemicals stocks but still below the market's top dividend payers.

Simply Wall St -

February Materials Dividend Stocks To Look Out For

Commodity prices are also a key determinant of these companies’ earnings, which in turn drives dividend payout and yield. … NYSE:NP Historical Dividend Yield Feb 18th 18 Bemis Company, Inc. … NYSE:BMS Historical Dividend Yield Feb 18th 18 For more solid dividend payers to add to your portfolio, you can use our free platform to explore our interactive list of top dividend payers.

Simply Wall St -

Is Hawkins Inc (NASDAQ:HWKN) A Good Dividend Stock?

View our latest analysis for Hawkins 5 questions I ask before picking a dividend stock Whenever I am looking at a potential dividend stock investment, I always check these five metrics: Is it paying an annual yield above 75% of dividend payers? … If there is one thing that you want to be reliable in your life, it's dividend stocks and their constant income stream. … Relative to peers, Hawkins produces a yield of 2.50%, which is high for Chemicals stocks but still below the market's top dividend payers.Next Steps: With these dividend metrics in mind, I definitely rank Hawkins as a strong income stock, and is worth further research for anyone who considers dividends an important part of their portfolio strategy.

Simply Wall St -

Company Info

Map
Description

Hawkins, Inc. blends, manufactures, and distributes chemicals and other specialty ingredients in the United States and internationaly. It operates in three segments: Industrial, Water Treatment, and Health and Nutrition. It provides industrial chemicals, products, and services to agriculture, chemical processing, electronics, energy, food, pharmaceutical, and plating industries. This segment primarily provides acids, alkalis, and industrial and food-grade salts. It also receives, stores, and distributes various chemicals in bulk quantities, such as liquid caustic soda, sulfuric acid, hydrochloric acid, urea, phosphoric acid, aqua ammonia, and potassium hydroxide. In addition, this segment manufactures sodium hypochlorite and agricultural products, as well as various food-grade products that include liquid phosphates, lactates, and other blended products; repackages bulk industrial chemicals; and performs custom blending of certain chemicals, and contract and private label bleach packaging. The Water Treatment segment provides chemicals, equipment, and solutions for potable water, municipal and industrial wastewater, industrial process water, and non-residential swimming pool water. The Health and Nutrition segment offers ingredient distribution, processing, and formulation solutions to manufacturers of nutraceutical, functional food and beverage, personal care, dietary supplement and other nutritional food, and health and wellness products. Its products portfolio includes minerals, botanicals and herbs, vitamins and amino acids, excipients, joint products, sweeteners, and enzymes. The company was founded in 1938 and is headquartered in Roseville, Minnesota.

Details
Name: Hawkins, Inc.
HWKN
Exchange: NasdaqGS
Founded: 1938
$454,665,056
10,720,704
Website: http://www.hawkinsinc.com
Address: Hawkins, Inc.
2381 Rosegate,
Roseville,
Minnesota, 55113,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NasdaqGS HWKN Common Stock Nasdaq Global Select US USD 02. Jan 1980
Number of employees
Current staff
Staff numbers
653
Hawkins employees.
Industry
Commodity Chemicals
Materials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2018/12/17 23:36
End of day share price update: 2018/12/17 00:00
Last estimates confirmation: 2017/05/31
Last earnings filing: 2018/10/31
Last earnings reported: 2018/09/30
Last annual earnings reported: 2018/04/01


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.