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HEADWATERS INC (HW) Add to portfolio

1m | 3m | 6m | 1y | 2y | 5y | 10y
Price: $24.24 Metrics
OS: 75.0 M 4 % ROE
Market cap: $1.82 B 14 % ROIC
Net debt: $741 M 4.2 x Debt/EBITDA
EV: $2.56 B

 
TTM Valuation
EBITDA $179 M 14.3 x EV/EBITDA
EBIT $108 M 23.8 x EV/EBIT
EPS $0.17 143.0 x P/E

Recent News + Filings   (All items)

Financial Summary   (All financials)
In millions, except per share itemsSep-30-16Sep-30-15Sep-30-14Sep-30-13Sep-30-12Sep-30-11Sep-30-10Sep-30-09
Revenues974.8895.3791.4702.6632.8588.0584.6608.4
            Revenue growth8.9%13.1%12.6%11.0%7.6%0.6%-3.9%-31.4%
Cost of goods sold686.6625.4565.8510.1457.7442.0426.4447.3
Gross profit288.2269.9225.7192.5175.1145.9158.1161.1
            Gross margin29.6%30.1%28.5%27.4%27.7%24.8%27.1%26.5%
Selling, general and administrative156.9149.6137.7117.8120.0111.4104.0104.8
Research and development     6.58.29.3
EBITA131.3120.388.074.655.146.145.947.0
            EBITA margin13.5%13.4%11.1%10.6%8.7%7.8%7.9%7.7%
Amortization of intangibles20.618.221.320.220.722.422.223.4
EBIT110.7102.166.754.434.423.723.723.6
            EBIT margin11.4%11.4%8.4%7.7%5.4%4.0%4.1%3.9%
Pre-tax income72.437.720.012.2-25.8-134.1-32.7-489.5
Income taxes22.8-94.53.63.90.7-0.2-11.7-74.3
            Tax rate31.4% 17.8%32.1% 0.1%35.6%15.2%
Earnings from continuing ops49.7264.332.916.6-26.4-133.9-21.1-404.7
Earnings from discontinued ops0.1-0.5-0.4-1.1-35.8  -10.5
Net income49.8263.832.515.4-62.2-229.9-49.5-415.2
            Net margin5.1%29.5%4.1%2.2%-9.8%-39.1%-8.5%-68.2%
 
Diluted EPS$0.66$3.50$0.44$0.23($0.43)($2.22)($0.35)($9.57)
Shares outstanding (diluted)75.475.674.571.360.960.460.042.3
 
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.

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