Shares Outstanding Shares Outstanding n/a Close	33.38M
Shares Change (YoY) Shares Change (YoY) n/a Close	-0.17%
Shares Change (QoQ) Shares Change (QoQ) n/a Close	-0.05%
Owned by Institutions (%) Owned by Institutions (%) n/a Close	79.83%
Shares Floating Shares Floating n/a Close	32.91M
Failed to Deliver (FTD) Shares Failed to Deliver (FTD) Shares n/a Close	3
FTD / Avg. Volume FTD / Avg. Volume n/a Close	n/a

Short Selling Information

The latest short interest is 880.7K, so 2.64% of the outstanding shares have been sold short.

Short Interest Short Interest n/a Close	880.7K
Short % of Shares Out Short % of Shares Out n/a Close	2.64%
Short % of Float Short % of Float n/a Close	4.98%
Short Ratio (days to cover) Short Ratio (days to cover) n/a Close	4.86

Valuation Ratios

The PE ratio is 23.39 and the forward PE ratio is 24.38. Watts Water's PEG ratio is 2.19.

PE Ratio PE Ratio n/a Close	23.39
Forward PE Forward PE n/a Close	24.38
PS Ratio PS Ratio n/a Close	3.02
Forward PS Forward PS n/a Close	3.1
PB Ratio PB Ratio n/a Close	3.99
P/FCF Ratio P/FCF Ratio n/a Close	20.9
PEG Ratio PEG Ratio n/a Close	2.19

Financial Ratio History

Enterprise Valuation

Watts Water has an Enterprise Value (EV) of 6.62B.

EV / Sales EV / Sales n/a Close	2.94
EV / EBITDA EV / EBITDA n/a Close	14.55
EV / EBIT EV / EBIT n/a Close	18.33
EV / FCF EV / FCF n/a Close	20.32

Financial Position

The company has a current ratio of 2.59, with a Debt / Equity ratio of 0.12.

Current Ratio Current Ratio n/a Close	2.59
Quick Ratio Quick Ratio n/a Close	1.65
Debt / Equity Debt / Equity n/a Close	0.12
Debt / EBITDA Debt / EBITDA n/a Close	0.43
Debt / FCF Debt / FCF n/a Close	0.6
Interest Coverage Interest Coverage n/a Close	26.56

Financial Efficiency

Return on Equity is 17.05% and Return on Invested Capital is 14.88%.

Return on Equity Return on Equity n/a Close	17.05%
Return on Assets Return on Assets n/a Close	12.15%
Return on Invested Capital Return on Invested Capital n/a Close	14.88%
Revenue Per Employee Revenue Per Employee n/a Close	$469,208.33
Profits Per Employee Profits Per Employee n/a Close	$60,666.67
Employee Count Employee Count n/a Close	4,800
Asset Turnover Asset Turnover n/a Close	0.94
Inventory Turnover Inventory Turnover n/a Close	3.04

Taxes

Income Tax Income Tax n/a Close	94.8M
Effective Tax Rate Effective Tax Rate n/a Close	24.56%

Stock Price Statistics

The stock price has increased by 27.65% in the last 52 weeks. The beta is 1.13, so Watts Water's price volatility has been higher than the market average.

Beta Beta n/a Close	1.13
52-Week Price Change 52-Week Price Change n/a Close	27.65%
50-Day Moving Average 50-Day Moving Average n/a Close	221.94
200-Day Moving Average 200-Day Moving Average n/a Close	210.68
Relative Strength Index (RSI) Relative Strength Index (RSI) n/a Close	53.28
Average Volume (20 Days) Average Volume (20 Days) n/a Close	216,061

Income Statement

In the last 12 months, Watts Water had revenue of 2.25B and earned 291.2M in profits. Earnings per share was 8.69.

Revenue Revenue n/a Close	2.25B
Gross Profit Gross Profit n/a Close	1.06B
Operating Income Operating Income n/a Close	390.4M
Net Income Net Income n/a Close	291.2M
EBITDA EBITDA n/a Close	455.1M
EBIT EBIT n/a Close	400.7M
Earnings Per Share (EPS) Earnings Per Share (EPS) n/a Close	8.69

Full Income Statement

Balance Sheet

The company has 386.9M in cash and 197M in debt, giving a net cash position of 189.9M.

Cash & Cash Equivalents Cash & Cash Equivalents n/a Close	386.9M
Total Debt Total Debt n/a Close	197M
Net Cash Net Cash n/a Close	189.9M
Retained Earnings Retained Earnings n/a Close	1.18B
Total Assets Total Assets n/a Close	2.5B
Working Capital Working Capital n/a Close	658M

Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was 361.1M and capital expenditures -35.3M, giving a free cash flow of 325.8M.

Operating Cash Flow Operating Cash Flow n/a Close	361.1M
Capital Expenditures Capital Expenditures n/a Close	-35.3M
Free Cash Flow Free Cash Flow n/a Close	325.8M
FCF Per Share FCF Per Share n/a Close	9.73

Full Cash Flow Statement

Margins

Gross margin is 47.15%, with operating and profit margins of 17.33% and 12.93%.

Gross Margin Gross Margin n/a Close	47.15%
Operating Margin Operating Margin n/a Close	17.33%
Pretax Margin Pretax Margin n/a Close	17.14%
Profit Margin Profit Margin n/a Close	12.93%
EBITDA Margin EBITDA Margin n/a Close	20.21%
EBIT Margin EBIT Margin n/a Close	17.33%
FCF Margin FCF Margin n/a Close	14.47%

Dividends & Yields

WTS pays an annual dividend of $2.24, which amounts to a dividend yield of 0.75%.

Dividend Per Share Dividend Per Share n/a Close	$2.24
Dividend Yield Dividend Yield n/a Close	0.75%
Dividend Growth (YoY) Dividend Growth (YoY) n/a Close	19.44%
Payout Ratio Payout Ratio n/a Close	25.66%
Earnings Yield Earnings Yield n/a Close	4.28%
FCF Yield FCF Yield n/a Close	4.78%

Dividend Details

Analyst Forecast

The average price target for WTS is $225, which is -5.8% lower than the current price. The consensus rating is "Hold".

Price Target Price Target n/a Close	$225
Price Target Difference Price Target Difference n/a Close	-5.8%
Analyst Consensus Analyst Consensus n/a Close	Hold
Analyst Count Analyst Count n/a Close	5

Stock Forecasts

Fair Value

There are several formulas that can be used to estimate the intrinsic value of a stock.

Lynch Fair Value Lynch Fair Value n/a Close	$181.27
Lynch Upside Lynch Upside n/a Close	-24.15%
Graham Number Graham Number n/a Close	99.86
Graham Upside Graham Upside n/a Close	-58.21%

Stock Splits

The last stock split was on Oct 19, 1999. It was a backward split with a ratio of 1801:2500.

Last Split Date Last Split Date n/a Close	Oct 19, 1999
Split Type Split Type n/a Close	backward
Split Ratio Split Ratio n/a Close	1801:2500

Scores

Altman Z-Score Altman Z-Score n/a Close	9.08
Piotroski F-Score Piotroski F-Score n/a Close	6