Financials Mueller Water Products, Inc.

Equities

MWA

US6247581084

Industrial Machinery & Equipment

Market Closed - Nyse 04:00:02 2024-04-26 pm EDT 5-day change 1st Jan Change
15.98 USD -1.05% Intraday chart for Mueller Water Products, Inc. +0.06% +10.97%

Valuation

Fiscal Period: September 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 1,769 1,640 2,413 1,609 1,984 2,496 - -
Enterprise Value (EV) 1 2,038 1,878 2,633 1,909 2,271 2,765 2,722 2,658
P/E ratio 28.1 x 23.1 x 34.6 x 21.4 x 23.1 x 25.4 x 20.2 x -
Yield 1.8% 2.02% 1.45% 2.26% 1.92% 1.63% 1.61% 1.63%
Capitalization / Revenue 1.83 x 1.7 x 2.17 x 1.29 x 1.56 x 2.05 x 1.93 x 1.87 x
EV / Revenue 2.11 x 1.95 x 2.37 x 1.53 x 1.78 x 2.27 x 2.1 x 1.99 x
EV / EBITDA 10.3 x 9.86 x 12.9 x 9.82 x 11.2 x 12.7 x 11.2 x 10.3 x
EV / FCF 345 x 25.9 x 28 x -796 x 37 x 1,512 x - -
FCF Yield 0.29% 3.86% 3.57% -0.13% 2.7% 0.07% - -
Price to Book 3 x 2.56 x 3.46 x 2.41 x - - - -
Nbr of stocks (in thousands) 157,355 157,816 158,560 156,654 156,485 156,177 - -
Reference price 2 11.24 10.39 15.22 10.27 12.68 15.98 15.98 15.98
Announcement Date 11/5/19 11/9/20 11/8/21 11/7/22 12/13/23 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: September 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 968 964.1 1,111 1,247 1,276 1,219 1,296 1,334
EBITDA 1 198.2 190.6 203.6 194.5 202.1 217 243.8 258.3
EBIT 1 124.3 116.8 131.7 130.1 143.3 151.8 175.5 179.9
Operating Margin 12.84% 12.11% 11.85% 10.43% 11.23% 12.46% 13.55% 13.48%
Earnings before Tax (EBT) 1 82.1 94.1 94.9 98.6 109 128 159.1 156.7
Net income 1 63.8 72 70.4 76.6 85.5 98.25 123.2 -
Net margin 6.59% 7.47% 6.34% 6.14% 6.7% 8.06% 9.51% -
EPS 2 0.4000 0.4500 0.4400 0.4800 0.5500 0.6300 0.7925 -
Free Cash Flow 1 5.9 72.6 94 -2.4 61.4 1.829 - -
FCF margin 0.61% 7.53% 8.46% -0.19% 4.81% 0.15% - -
FCF Conversion (EBITDA) 2.98% 38.09% 46.17% - 30.38% 0.84% - -
FCF Conversion (Net income) 9.25% 100.83% 133.52% - 71.81% 1.86% - -
Dividend per Share 2 0.2025 0.2100 0.2200 0.2320 0.2440 0.2600 0.2575 0.2600
Announcement Date 11/5/19 11/9/20 11/8/21 11/7/22 12/13/23 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: September 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1 2025 Q2
Net sales 1 295.6 272.3 310.5 333.2 331.4 314.8 332.9 326.6 301.4 256.4 299.6 324.6 338.2 277 321.4
EBITDA 1 45.6 47.5 50.6 57.8 38.6 44.2 48.1 54.4 55.4 44.8 50.1 59.52 65.6 51.65 57.35
EBIT 1 27.8 31.3 34.8 36.9 22 30.3 33.6 35.6 39.9 29.4 33.44 42.16 48.03 33.15 39.85
Operating Margin 9.4% 11.49% 11.21% 11.07% 6.64% 9.63% 10.09% 10.9% 13.24% 11.47% 11.16% 12.99% 14.2% 11.97% 12.4%
Earnings before Tax (EBT) 1 24.3 25.6 30.7 33.6 8.7 29.4 28 30.9 20.7 16.9 30.05 34.26 44.96 - 41.9
Net income 1 18.4 19.4 23.6 26.5 7.1 22.5 21.3 24.5 17.2 14.3 21.31 27.44 33.88 22.7 32
Net margin 6.22% 7.12% 7.6% 7.95% 2.14% 7.15% 6.4% 7.5% 5.71% 5.58% 7.11% 8.45% 10.02% 8.19% 9.96%
EPS 2 0.1200 0.1200 0.1500 0.1700 0.0500 0.1400 0.1400 0.1600 0.1100 0.0900 0.1350 0.1775 0.2150 0.1500 0.2000
Dividend per Share 2 0.0550 0.0580 0.0580 0.0580 0.0580 0.0610 0.0610 0.0610 0.0610 0.0640 0.0600 0.0600 0.0600 - -
Announcement Date 11/8/21 2/3/22 5/2/22 8/4/22 11/7/22 2/2/23 5/8/23 8/3/23 12/13/23 2/8/24 - - - - -
1USD in Million2USD
Estimates

Balance Sheet Analysis

Fiscal Period: September 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 270 239 219 300 287 269 226 163
Net Cash position 1 - - - - - - - -
Leverage (Debt/EBITDA) 1.36 x 1.252 x 1.078 x 1.544 x 1.421 x 1.241 x 0.929 x 0.6296 x
Free Cash Flow 1 5.9 72.6 94 -2.4 61.4 1.83 - -
ROE (net income / shareholders' equity) 16.9% 11.7% - 13.3% 12.4% 14% - -
ROA (Net income/ Total Assets) - - - 6.03% - - - -
Assets 1 - - - 1,270 - - - -
Book Value Per Share 3.750 4.050 4.400 4.260 - - - -
Cash Flow per Share 0.7800 0.8800 0.9500 0.9500 0.9200 - - -
Capex 1 86.6 67.7 62.7 54.7 47.6 43.1 34.6 -
Capex / Sales 8.95% 7.02% 5.64% 4.39% 3.73% 3.54% 2.67% -
Announcement Date 11/5/19 11/9/20 11/8/21 11/7/22 12/13/23 - - -
1USD in Million
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
B
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
6
Last Close Price
15.98 USD
Average target price
18.33 USD
Spread / Average Target
+14.73%
Consensus
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  4. Financials Mueller Water Products, Inc.