Watts Water Technologies

Watts Water is a global provider of plumbing, heating, and water quality solutions for residential, industrial, municipal, and commercial settings. Its family of companies offers varied plumbing, heating, and water quality product lines in the world. The Company offers a wide range of world-class, water-related solutions focused on plumbing and flow control, water quality and conditioning, water reuse and drainage, HVAC and municipal waterworks.


Type
Public
HQ
North Andover, US
Founded
1874
Size (employees)
4,800 (est)-4%
Watts Water Technologies was founded in 1874 and is headquartered in North Andover, US

Watts Water Technologies Office Locations

Watts Water Technologies has offices in North Andover, Amsterdam and Shanghai
North Andover, US (HQ)
815 Chestnut St
Shanghai, CN
500 West Yan'an Road
Amsterdam, NL
3099 Strawinskylaan

Watts Water Technologies Data and Metrics

Watts Water Technologies Financial Metrics

Watts Water Technologies's revenue was reported to be $1.4 b in FY, 2016 which is a 5% decrease from the previous period.
USD

Revenue (FY, 2016)

1.4 b

Revenue growth (FY, 2015 - FY, 2016), %

(5%)

Gross profit (FY, 2016)

565.6 m

Gross profit margin (FY, 2016), %

40%

Net income (FY, 2016)

84.2 m

EBIT (FY, 2016)

145 m

Market capitalization (23-Jun-2017)

2.1 b

Closing share price (23-Jun-2017)

61.1

Cash (31-Dec-2016)

338.4 m

EV

2.4 b
Watts Water Technologies's current market capitalization is $2.1 b.
USDFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

1.5 b1.5 b1.5 b1.4 b

Revenue growth, %

3%(3%)(5%)

Cost of goods sold

947 m971.9 m914.6 m832.8 m

Gross profit

526.5 m541.8 m553.1 m565.6 m

Gross profit Margin, %

36%36%38%40%

EBIT

111.5 m105.4 m(90.1 m)145 m

EBIT margin, %

8%7%(6%)10%

Interest income

600 k700 k1 m1 m

Pre tax profit

87.8 m83.1 m(111 m)127.8 m

Net Income

58.6 m50.3 m(112.9 m)84.2 m
USDFY, 2013FY, 2014FY, 2015FY, 2016

Cash

267.9 m301.1 m296.2 m338.4 m

Current Assets

857.1 m874.3 m809 m858 m

PP&E

219.9 m203.3 m184.4 m189.7 m

Goodwill

514.8 m639 m489 m532.7 m

Total Assets

1.7 b1.9 b1.7 b1.8 b

Accounts Payable

145.6 m120.8 m101.7 m101.1 m

Total Debt

307.7 m579.7 m577.3 m650.4 m

Current Liabilities

326.9 m345.7 m295 m425.5 m

Common Stock

2.9 m2.9 m2.8 m2.8 m

Additional Paid-in Capital

473.5 m497.4 m512 m535.2 m

Retained Earnings

513.1 m500.6 m317.7 m348.5 m

Total Equity

1 b912.4 m704.9 m736.3 m

Debt to Equity Ratio

0.3 x0.6 x0.8 x0.9 x

Debt to Assets Ratio

0.2 x0.3 x0.3 x0.4 x

Financial Leverage

1.7 x2.1 x2.4 x2.4 x
USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

58.6 m50.3 m(112.9 m)84.2 m

Depreciation and Amortization

34.2 m32.9 m31.6 m30.4 m

Accounts Receivable

(3.5 m)9.6 m13 m(7.1 m)

Inventories

(17 m)21.4 m21.2 m9.8 m

Cash From Operating Activities

(3.4 m)33.2 m109.4 m138.1 m

Purchases of PP&E

(27.7 m)(23.7 m)(27.7 m)(36 m)

Cash From Investing Activities

(24.1 m)(17.3 m)(114 m)

Long-term Borrowings

(77.2 m)(2.3 m)(2 m)(614.4 m)

Cash From Financing Activities

(109.5 m)220.8 m(70.9 m)27.7 m

Interest Paid

21.5 m18.3 m23.1 m20.2 m

Income Taxes Paid

32.7 m30.5 m24.5 m33.5 m
Y, 2016

EV/EBIT

16.8 x

EV/CFO

17.6 x

Debt/Equity

0.9 x

Debt/Assets

0.4 x

Financial Leverage

2.4 x

Watts Water Technologies Market Value History

Watts Water Technologies Online and Social Media Presence

Watts Water Technologies Company Life and Culture

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