Watts Water Technologies designs, manufactures, and sells water safety and flow control products in the Americas and Europe, Middle East and Africa, and Asia-Pacific. It offers residential and commercial flow control products, including backflow preventers, water pressure regulators, temperature and pressure relief valves, and thermostatic mixing valves. The company was founded in 1874 and is based in North Andover, Massachusetts.
WTS Price Forecast Based on DCF Valuation
DCF Fair Value Target:
We started the process of determining a valid price forecast for Watts Water Technologies Inc with a discounted cash flow analysis -- the results of which can be found in the table below. To summarize, we found that Watts Water Technologies Inc ranked in the 35th percentile in terms of potential gain offered. Our DCF analysis suggests the stock is overvalued by about 39.5%. In terms of the factors that were most noteworthy in this DCF analysis for WTS, they are:
The stock's equity weight, or the proportion of capital from equity relative to debt, is 94. Its equity weight surpasses that of 86.64% of free cash flow generating stocks in the Industrials sector.
The business' balance sheet suggests that 6% of the company's capital is sourced from debt; this is greater than merely 17.36% of the free cash flow producing stocks we're observing.
WTS's estimated cost of debt, based largely on its market capitalization and its interest coverage ratio, is 2%; for context, that number is higher than 42.02% of tickers in our DCF set.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
Want more companies with a valuation profile/forecast similar to that of Watts Water Technologies Inc? See SAIA, ZNH, FAST, CW, and MNTX.
NORTH ANDOVER, Mass.--(BUSINESS WIRE)--Watts Water Technologies, Inc. (NYSE: WTS) today announced that Robert J. Pagano, Jr., CEO; Shashank Patel, CFO and Timothy M. MacPhee, Treasurer & Vice President of Investor Relations, will participate in the Seaport Global Annual Virtual Summer Investor Conference on Wednesday, August 26, 2020 starting at 8:30 a.m. Eastern Time. Watts Water Technologies, Inc., through its family of companies, is a global manufacturer headquartered in the USA that pro
Watts Water Technologies, Inc. (WTS) Q2 2020 Results Earnings Conference Call August 4, 2020, 08:00 AM ET Company Participants Timothy MacPhee - Treasurer, Vice President, Investor Relations Robert Pagano, Jr. - Chief Executive Officer and President Shashank Patel - Chief Financial Officer Conference Call Participants Nathan Jones - Stifel Nicolaus...
NORTH ANDOVER, Mass.--(BUSINESS WIRE)--Watts Water Technologies, Inc. (NYSE:WTS) today announced second quarter 2020 results. Chief Executive Officer Robert J. Pagano Jr. commented, “During the past quarter, our employees worldwide continued to manufacture, assemble and deliver essential products, supporting our customer needs under very challenging circumstances. I want to thank everyone for their outstanding efforts. As a company, we continue to promote policies to ensure employees are workin
Watts Water Technologies (WTS) declares $0.23/share quarterly dividend, in line with previous.Forward yield 1.08%Payable Sept. 15; for shareholders of record Sept. 1; ex-div Aug. 31.See WTS Dividend Scorecard, Yield Chart, & Dividend Growth....