Financials Zurn Elkay Water Solutions Corporation

Equities

ZWS

US98983L1089

Construction Supplies & Fixtures

Market Closed - Nyse 04:00:02 2024-04-26 pm EDT 5-day change 1st Jan Change
31.7 USD -0.56% Intraday chart for Zurn Elkay Water Solutions Corporation +0.03% +7.79%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 3,980 4,750 4,417 3,760 5,082 5,474 - -
Enterprise Value (EV) 1 4,925 5,686 4,860 4,171 5,441 5,743 5,634 5,474
P/E ratio 117 x 33.2 x 37.5 x 52.9 x 46 x 37.3 x 30.3 x -
Yield - 0.61% 0.82% - - 1.06% 1.12% 1.18%
Capitalization / Revenue 1.94 x 2.4 x 4.85 x 2.93 x 3.32 x 3.52 x 3.37 x 3.19 x
EV / Revenue 2.4 x 2.87 x 5.34 x 3.25 x 3.56 x 3.7 x 3.47 x 3.19 x
EV / EBITDA 11.1 x 13.2 x 24.8 x 15.8 x 16 x 15.5 x 14.1 x 12.7 x
EV / FCF 23.1 x 20.6 x 24.3 x 46.7 x 23.4 x 23.1 x 21 x 17.8 x
FCF Yield 4.33% 4.85% 4.12% 2.14% 4.27% 4.32% 4.77% 5.62%
Price to Book 2.78 x 3.29 x 36 x - 3.25 x 3.26 x 3.06 x 2.83 x
Nbr of stocks (in thousands) 122,000 120,280 121,350 177,795 172,811 172,697 - -
Reference price 2 32.62 39.49 36.40 21.15 29.41 31.70 31.70 31.70
Announcement Date 5/8/19 2/16/21 2/1/22 2/7/23 2/6/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 2,051 1,980 910.9 1,282 1,530 1,554 1,625 1,718
EBITDA 1 442.8 431.5 195.8 264.6 339.5 371.4 399.8 430.9
EBIT 1 354.9 343.6 163.1 210.1 251.6 294.1 325.4 364.5
Operating Margin 17.3% 17.35% 17.91% 16.39% 16.44% 18.93% 20.02% 21.21%
Earnings before Tax (EBT) 1 238.8 189.9 52.4 83.8 146.8 206.6 242.1 303
Net income 1 11.1 146.7 120.9 61.7 112.7 154.4 179.4 219.9
Net margin 0.54% 7.41% 13.27% 4.81% 7.36% 9.94% 11.04% 12.8%
EPS 2 0.2800 1.190 0.9700 0.4000 0.6400 0.8500 1.045 -
Free Cash Flow 1 213.2 276 200.3 89.4 232.6 248.1 268.6 307.9
FCF margin 10.4% 13.94% 21.99% 6.97% 15.2% 15.97% 16.53% 17.92%
FCF Conversion (EBITDA) 48.15% 63.96% 102.3% 33.79% 68.51% 66.8% 67.19% 71.45%
FCF Conversion (Net income) 1,920.72% 188.14% 165.67% 144.89% 206.39% 160.68% 149.74% 140.02%
Dividend per Share 2 - 0.2400 0.3000 - - 0.3360 0.3540 0.3733
Announcement Date 5/8/19 2/16/21 2/1/22 2/7/23 2/6/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 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 1 232.3 239.6 284.2 417.7 340.3 372.1 403.2 398.4 356.8 373.8 408.6 405.6 363.5 389.5 432.3
EBITDA 1 45.1 52 64.3 83.7 64.6 72.4 87 96 84.1 90 101.2 99.42 87.52 - -
EBIT 1 37 46.7 60.3 62.1 41 49.6 65.2 74.3 62.5 68.4 78.77 77.04 65.03 74.2 -
Operating Margin 15.93% 19.49% 21.22% 14.87% 12.05% 13.33% 16.17% 18.65% 17.52% 18.3% 19.28% 18.99% 17.89% 19.05% -
Earnings before Tax (EBT) 1 -11 39.4 47.7 -17.5 14.2 31.7 46.1 47.7 21.3 43 59.15 57.8 46.55 - -
Net income 1 -66.4 30.2 36.4 -19.1 14.2 22.8 34.6 41.4 13.9 34.3 43.38 42.86 34.12 - -
Net margin -28.58% 12.6% 12.81% -4.57% 4.17% 6.13% 8.58% 10.39% 3.9% 9.18% 10.62% 10.57% 9.39% - -
EPS 2 -0.5300 0.2400 0.2800 -0.1100 0.0800 0.1300 0.2000 0.2000 0.0800 0.1900 0.2350 0.2350 0.1900 - -
Dividend per Share 2 - 0.0300 0.0300 0.0700 - 0.0700 0.0700 0.0800 - - 0.0800 0.0800 0.0833 - -
Announcement Date 2/1/22 4/26/22 7/26/22 10/25/22 2/7/23 4/25/23 7/24/23 10/31/23 2/6/24 4/23/24 - - - - -
1USD in Million2USD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 946 936 443 411 359 268 160 -
Net Cash position 1 - - - - - - - -
Leverage (Debt/EBITDA) 2.135 x 2.169 x 2.262 x 1.554 x 1.056 x 0.7218 x 0.3997 x -
Free Cash Flow 1 213 276 200 89.4 233 248 269 308
ROE (net income / shareholders' equity) 18.6% 15.9% 12.4% - 10.7% 11.6% 12.1% 12.4%
ROA (Net income/ Total Assets) - 6.2% - - 6.2% 6.01% 6.96% 7.55%
Assets 1 - 2,365 - - 1,818 2,570 2,579 2,911
Book Value Per Share 2 11.70 12.00 1.010 - 9.040 9.730 10.40 11.20
Cash Flow per Share 2 2.090 2.590 - - 1.430 1.660 1.780 1.940
Capex 1 44.9 44.2 23.3 7.6 21.3 20.7 21.6 21.9
Capex / Sales 2.19% 2.23% 2.56% 0.59% 1.39% 1.33% 1.33% 1.27%
Announcement Date 5/8/19 2/16/21 2/1/22 2/7/23 2/6/24 - - -
1USD in Million2USD
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
A-
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
8
Last Close Price
31.7 USD
Average target price
35.29 USD
Spread / Average Target
+11.31%
Consensus
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  4. Financials Zurn Elkay Water Solutions Corporation