Watts Water Technologies Inc (NYSE:WTS)
336.32 USD
-2.680 0.791%Sponsored Reports
| Previous Close (in USD) | 339 |
|---|---|
| Change | -2.680 0.791% |
| 52 W H/L (in USD) | 212.640/141.018 |
| EBITDA (in USD) | 385.4M |
| PE Ratio | 25.64 |
| Volume | 544345 |
| Diluted Eps TTM | 8.27 |
| Total Assets (in USD) | 1930.9M |
|---|---|
| Total Liabilities (in USD) | 630.3M |
| Revenue TTM (in USD) | 2010.7M |
| Cash (in USD) | 310.8M |
| Market Cap (in USD) | 7,065.487 M |
| Revenue Per Share TTM | 60.156 |
| Gross Profit TTM (in USD) | 874.3M |
Summary
Income Statement
Balance Sheet
Change in Cash
Operating Cash
Dividend Paid
Watts Water Technologies Inc
815 Chestnut Street, North Andover, MA, United States, 01845-6098
978 688 1811
Employees: 4600
Key Executives
| Sr. No. | Name | Title | Year Born |
|---|---|---|---|
| 1. | Mr. Robert J. Pagano Jr., C.M.A., CPA | Chairman & Pres, CEO | 1963 |
| 2. | Mr. Shashank Patel | Chief Financial Officer | 1961 |
| 3. | Mr. Kenneth R. Lepage | Gen. Counsel, Chief Sustainability Officer & Sec. | 1971 |
| 4. | Mr. Elie A. Melhem | Pres of Asia-Pacific, The Middle East & Africa | 1963 |
| 5. | Mr. Munish Nanda | Advisor | 1965 |
| 6. | Mr. Andre Dhawan | Chief Operating Officer | 1963 |
| 7. | Ms. Virginia A. Halloran | Chief Accounting Officer | 1980 |
| 8. | Ms. Diane M. McClintock CPA | Sr. VP of FP&A and Investor Relations | 1968 |
| 9. | Mr. Ram Ramakrishnan | Exec. VP of Strategy & Bus. Devel. | NA |
| 10. | Ms. Monica Barry | Chief HR Officer | 1971 |
Peers
Sector: Industrials
Industry: Specialty Industrial Machinery
| Company | Change (USD) | Price (USD) | Trailing PE(x) | Forward PE(x) | Price Sales TTM(x) | Price to Book Value(x) | Enterprise Value to Revenue(x) | Enterprise Value to EBITDA(x) |
|
GEV
GE Vernova LLC |
+66.510 6.771% | 997.4 | 56.160 | 67.568 | 7.019 | 23.816 | 6.787 | 115.109 |
|
ETN
Eaton Corporation PLC |
+1.930 0.473% | 414.14 | 39.210 | 30.769 | 5.797 | 8.183 | 6.146 | 27.300 |
|
SIEGY
Siemens AG ADR |
-1.020 0.647% | 158.31 | 17.070 | 15.748 | 1.876 | 2.758 | 2.367 | 11.378 |
|
SMAWF
Siemens AG Class N |
0.000 0.000% | 317 | 16.980 | 15.528 | 1.834 | 2.719 | 2.355 | 11.316 |
Income Statement
(Currency in USD)| Breakdown | 31-12-2022 | 31-12-2021 | 31-12-2020 | 31-12-2019 | 31-12-2018 |
|---|---|---|---|---|---|
| Income Before Tax | 307.6M | 234.1M | 167M | 183.9M | 174.6M |
| Minority Interest | - | - | - | - | - |
| Net Income | 251.5M | 165.7M | 114.3M | 131.5M | 124.8M |
| Selling General Administrative | 550.5M | 508.2M | 432M | 476.1M | 464.7M |
| Gross Profit | 874.3M | 767.1M | 625.4M | 677.5M | 656.5M |
| Reconciled Depreciation | 39.7M | 45.1M | 46.5M | 46.6M | 48.5M |
| Ebit | 315M | 239.6M | 181.1M | 197.1M | 194.3M |
| Ebitda | 363.1M | 304.8M | 238.7M | 248.9M | 242.8M |
| Depreciation And Amortization | 48.1M | 65.2M | 57.6M | 51.8M | 48.5M |
| Operating Income | 315M | 239.6M | 181.1M | 197.1M | 188.4M |
| Other Operating Expenses | 1655.7M | 1550.3M | 1315.6M | 1399.1M | 1373.1M |
| Interest Expense | 7M | 6.3M | 13.3M | 14.1M | 16.3M |
| Tax Provision | 56.1M | 68.4M | 52.7M | 52.4M | 46.6M |
| Interest Income | 6.4M | 6.3M | 13.1M | 0.4M | 0.8M |
| Net Interest Income | -6.4M | -6.3M | -13.1M | -13.7M | -15.5M |
| Income Tax Expense | 56.1M | 68.4M | 52.7M | 52.4M | 49.8M |
| Total Revenue | 1979.5M | 1809.2M | 1508.6M | 1600.5M | 1564.9M |
| Total Operating Expenses | 550.5M | 508.2M | 432.4M | 476.1M | 464.7M |
| Cost Of Revenue | 1105.2M | 1042.1M | 883.2M | 923M | 908.4M |
| Total Other Income Expense Net | -7.4M | -5.5M | -14.1M | -13.2M | -1.7M |
| Net Income From Continuing Ops | 251.5M | 165.7M | 114.3M | 131.5M | 128M |
| Net Income Applicable To Common Shares | 251.5M | 165.7M | 114.3M | 131.5M | 128M |
Balance Sheet
(Currency in USD)| Breakdown | 31-12-2022 | 31-12-2021 | 31-12-2020 | 31-12-2019 | 31-12-2018 |
|---|---|---|---|---|---|
| Total Assets | 1930.9M | 1855.6M | 1738.2M | 1723.1M | 1653.7M |
| Intangible Assets | 113.7M | 128.6M | 141.8M | 151.4M | 165.2M |
| Other Current Assets | 30.4M | 27.9M | 29.4M | 25.3M | 24.9M |
| Total Liab | 630.3M | 682.4M | 668.4M | 745.1M | 765.6M |
| Total Stockholder Equity | 1300.6M | 1173.2M | 1069.8M | 978M | 888.1M |
| Other Current Liab | 244.4M | 265.1M | 202.7M | 58.7M | 54.6M |
| Common Stock | 3.3M | 3.4M | 3.4M | 3.4M | 3.4M |
| Capital Stock | 3.3M | 3.4M | 3.4M | 3.4M | 3.4M |
| Retained Earnings | 795.3M | 665.9M | 560.1M | 513.9M | 437.5M |
| Good Will | 592.4M | 600.7M | 602.4M | 581.1M | 544.8M |
| Other Assets | 77.4M | 64.1M | 72.2M | 15.4M | 14M |
| Cash | 310.8M | 242M | 218.9M | 219.7M | 204.1M |
| Cash And Equivalents | 310.8M | 242M | 218.9M | 219.7M | 204.1M |
| Total Current Liabilities | 378.7M | 408.5M | 312.8M | 419.3M | 348.7M |
| Current Deferred Revenue | - | - | 4M | 132.3M | 136.9M |
| Net Debt | -163.2M | -100.1M | -20.7M | 89.5M | 149.3M |
| Short Term Debt | 0M | 0M | 0M | 105M | 30M |
| Short Long Term Debt | - | - | - | 105M | 30M |
| Short Long Term Debt Total | 147.6M | 141.9M | 198.2M | 309.2M | 353.4M |
| Other Stockholder Equity | 651.9M | 631.2M | 606.3M | 591.5M | 568.3M |
| Property Plant Equipment | 196.8M | 200.7M | 212.3M | 200M | 201.9M |
| Total Current Assets | 950.6M | 861.5M | 709.5M | 734.9M | 721.3M |
| Long Term Investments | - | - | - | 1.2M | 6.5M |
| Short Term Investments | - | - | - | - | - |
| Net Receivables | 233.8M | 220.9M | 197.6M | 219.8M | 205.5M |
| Long Term Debt | 147.6M | 141.9M | 198.2M | 204.2M | 323.4M |
| Inventory | 375.6M | 370.7M | 263.6M | 270.1M | 286.8M |
| Accounts Payable | 134.3M | 143.4M | 110.1M | 123.3M | 127.2M |
| Accumulated Other Comprehensive Income | -149.9M | -127.3M | -100M | -130.8M | -121.1M |
| Non Currrent Assets Other | 59.6M | 60.6M | 67.8M | 53M | 18.9M |
| Non Current Assets Total | 980.3M | 994.1M | 1028.7M | 988.2M | 932.4M |
| Capital Lease Obligations | - | - | - | - | - |
| Long Term Debt Total | 147.6M | 141.9M | 198.2M | 204.2M | 323.4M |
Cash Flow
(Currency in USD)| Breakdown | 31-12-2022 | 31-12-2021 | 31-12-2020 | 31-12-2019 | 31-12-2018 |
|---|---|---|---|---|---|
| Investments | -22.9M | -30.7M | -54.8M | -71.8M | -35.9M |
| Total Cashflows From Investing Activities | -22.9M | -30.7M | -54.8M | -71.8M | -35.9M |
| Total Cash From Financing Activities | -121.7M | -118.6M | -181.9M | -105.6M | -202.9M |
| Net Income | 251.5M | 165.7M | 114.3M | 131.5M | 124.8M |
| Change In Cash | 68.8M | 23.1M | -0.8M | 15.6M | -76.1M |
| Begin Period Cash Flow | 242M | 218.9M | 219.7M | 204.1M | 280.2M |
| End Period Cash Flow | 310.8M | 242M | 218.9M | 219.7M | 204.1M |
| Total Cash From Operating Activities | 224M | 180.8M | 228.8M | 194M | 169.4M |
| Depreciation | 39.7M | 45.1M | 46.5M | 46.6M | 48.5M |
| Other Cashflows From Investing Activities | 5.2M | -4M | -11M | -42.6M | 0.7M |
| Dividends Paid | -39.5M | -34.3M | -31.4M | -31.4M | 28.3M |
| Change To Inventory | -16.4M | -113.7M | 18.7M | 17M | -34.5M |
| Sale Purchase Of Stock | -69.4M | -16M | -28.9M | -19.5M | -26M |
| Other Cashflows From Financing Activities | 71.5M | -12M | -10M | -11.8M | 50.6M |
| Capital Expenditures | 28.1M | 26.7M | 43.8M | 29.2M | 36.6M |
| Change In Working Capital | -55.8M | -46.1M | 44.3M | -4M | -2.6M |
| Other Non Cash Items | -0.2M | 1.4M | 4M | 0.8M | 0.2M |
| Free Cash Flow | 195.9M | 154.1M | 185M | 164.8M | 132.8M |
Funds
| Sr. No. | Name | Purchased On | Shares |
|---|---|---|---|
| 1. | Impax Water Strategy Composite | 2 years ago | 889090 |
| 2. | Vanguard Total Stock Mkt Idx Inv | 2 years ago | 860554 |
| 3. | iShares Core S&P Mid-Cap ETF | 2 years ago | 842112 |
| 4. | Vanguard Small Cap Index | 2 years ago | 709400 |
| 5. | iShares Russell 2000 ETF | 2 years ago | 645426 |
| 6. | Vanguard Small Cap Value Index Inv | 2 years ago | 492403 |
| 7. | BNP Paribas Aqua C C | 2 years ago | 455660 |
| 8. | BNP Paribas Aqua I | 2 years ago | 433420 |
| 9. | UBS (Lux) ES L/T Thms $Q | 2 years ago | 413112 |
| 10. | Vanguard Institutional Extnd Mkt Idx Tr | 2 years ago | 391700 |
| 11. | Virtus KAR Small-Cap Core I | 2 years ago | 387374 |
| 12. | Victory Small Cap Value CIT (Net 75) | 2 years ago | 385000 |
| 13. | Victory Sycamore Small Company Opp R | 2 years ago | 385000 |
| 14. | Mirova Global Sust Eq N/A EUR | 2 years ago | 356071 |
| 15. | Impax Climate Strategy | 2 years ago | 313471 |
| 16. | Impax Specialists Strategy Composite | 2 years ago | 274180 |
| 17. | BNP Paribas Climate Impact Privl C | 2 years ago | 271076 |
| 18. | 1290 VT GAMCO Small Company Value IB | 2 years ago | 266500 |
| 19. | Fidelity® Small Cap Index | 2 years ago | 256304 |
| 20. | Allianz Global Water W EUR | 2 years ago | 254347 |
Institutions
| Sr. No. | Name | Purchased On | Shares |
|---|---|---|---|
| 1. | BlackRock Inc | 2 years ago | 3986694 |
| 2. | Vanguard Group Inc | 2 years ago | 3188071 |
| 3. | Kayne Anderson Rudnick Investment Management LLC | 2 years ago | 2064917 |
| 4. | Impax Asset Management Group PLC | 2 years ago | 1809538 |
| 5. | State Street Corporation | 2 years ago | 915513 |
| 6. | Mirova US LLC | 2 years ago | 717228 |
| 7. | Dimensional Fund Advisors, Inc. | 2 years ago | 621568 |
| 8. | Geode Capital Management, LLC | 2 years ago | 609424 |
| 9. | Victory Capital Management Inc. | 2 years ago | 592018 |
| 10. | Gamco Investors, Inc. Et Al | 2 years ago | 538684 |
| 11. | Allianz Asset Management AG | 2 years ago | 418487 |
| 12. | UBS Asset Mgmt Americas Inc | 2 years ago | 395917 |
| 13. | Amvescap Plc. | 2 years ago | 390818 |
| 14. | Northern Trust Corp | 2 years ago | 369530 |
| 15. | T. Rowe Price Associates, Inc. | 2 years ago | 341652 |
| 16. | Bank of New York Mellon Corp | 2 years ago | 294650 |
| 17. | Charles Schwab Investment Management Inc | 2 years ago | 292299 |
| 18. | BTIM Corp | 2 years ago | 262664 |
| 19. | Wells Fargo & Co | 2 years ago | 261889 |
| 20. | Kbc Group NV | 2 years ago | 257638 |
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