-0.92%
9.67%
10.61%
29.02%
58.03%
133.88%
181.51%

Company Description

Westinghouse Air Brake Technologies Corporation provides technology-based equipment, systems, and services for the freight rail and passenger transit industries worldwide.It operates through two segments, Freight and Transit.The Freight segment manufactures and services components for new and existing freight cars and locomotives; builds new commuter locomotives; rebuilds freight locomotives; supplies railway electronics, positive train control equipment, signal design, and engineering services; and provides related heat exchange and cooling systems.


It serves publicly traded railroads; leasing companies; manufacturers of original equipment, including locomotives and freight cars; and utilities.The Transit segment manufactures and services components for new and existing passenger transit vehicles, such as regional trains, high speed trains, subway cars, light-rail vehicles, and buses; refurbishes subway cars; and provides heating, ventilation, and air conditioning equipment, as well as doors for buses and subways.This segment serves public transit authorities and municipalities, leasing companies, and manufacturers of subway cars and buses.


It also provides electronically controlled pneumatic braking products; railway electronics; freight car trucks; draft gears, couplers, and slack adjusters; air compressors and dryers; heat exchangers and cooling products; and track and switch products.In addition, the company offers railway braking equipment and related components; friction products; new switcher locomotives; transit locomotive and car overhaul services; and freight locomotive overhaul, modernizations, and refurbishment services.Further, it provides platform screen doors; pantographs; window assemblies; couplers; accessibility lifts and ramps for buses and subway cars; and traction motors.


The company was founded in 1869 and is headquartered in Pittsburgh, Pennsylvania.

Market Data

Last Price 207.92
Change Percentage -0.92%
Open 210.22
Previous Close 209.86
Market Cap ( Millions) 35739
Volume 449674
Year High 210.74
Year Low 131.33
M A 50 198.06
M A 200 176.01

Financial Ratios

FCF Yield 4.47%
Dividend Yield 0.38%
ROE 10.16%
Debt / Equity 39.19%
Net Debt / EBIDTA 169.18%
Price To Book 3.52
Price Earnings Ratio 34.04
Price To FCF 22.38
Price To sales 3.46
EV / EBITDA 18.46

News

Business Breakdown

Expected Mid-Term Growth

Segment nΒ°1 -> Freight

Expected Growth : 3.5 %

What the company do ?

Freight from Westinghouse Air Brake Technologies Corporation refers to rail freight car equipment and services provided by the company, a leading manufacturer of rail and transit products.

Why we expect these perspectives ?

Westinghouse Air Brake Technologies Corporation's 3.5% freight growth is driven by increasing demand for rail transportation, rising global trade, and growing need for efficient logistics. Additionally, investments in digitalization and automation, as well as expansion into emerging markets, contribute to the company's growth momentum.

Segment nΒ°2 -> Transit

Expected Growth : 4.5 %

What the company do ?

Transit from Westinghouse Air Brake Technologies Corporation refers to the rail industry's leading provider of rail control and information systems, enhancing safety and efficiency.

Why we expect these perspectives ?

Westinghouse Air Brake Technologies Corporation's 4.5% growth is driven by increasing demand for freight railcars, growth in passenger transit, and expansion in emerging markets. Additionally, investments in digitalization and automation, as well as a strong backlog of orders, contribute to the company's growth momentum.

Westinghouse Air Brake Technologies Corporation Products

Product Range What is it ?
Freight Railcars Designs, manufactures, and services freight railcars for the transportation of goods
Locomotives Manufactures and services diesel-electric locomotives for freight and passenger rail transportation
Propulsion and Controls Designs and manufactures propulsion and control systems for rail and industrial applications
Braking Systems Designs and manufactures braking systems for rail and industrial applications
Signal and Communication Systems Designs and manufactures signal and communication systems for rail and industrial applications
Rail Services Provides maintenance, repair, and overhaul services for railcars and locomotives
Digital Solutions Provides digital solutions for rail and industrial applications, including data analytics and IoT

Westinghouse Air Brake Technologies Corporation's Porter Forces

Westinghouse Air Brake Technologies Corporation operates in a niche market with limited substitutes, but the threat of substitutes is still present due to the increasing competition from other rail industry players.

The bargaining power of customers is low due to the specialized nature of Westinghouse Air Brake Technologies Corporation's products and services, which limits the ability of customers to negotiate prices.

The bargaining power of suppliers is moderate due to the presence of multiple suppliers in the market, but Westinghouse Air Brake Technologies Corporation's large scale of operations gives it some negotiating power.

The threat of new entrants is low due to the high barriers to entry in the rail industry, including significant capital requirements and regulatory hurdles.

The intensity of rivalry is high due to the presence of several established players in the rail industry, leading to intense competition for market share and pricing pressure.

Capital Structure

Value
Debt Weight 28.25%
Debt Cost 6.58%
Equity Weight 71.75%
Equity Cost 10.72%
WACC 9.55%
Leverage 39.38%

Historical Valuation

Price/Earnings Ratio

Margin Valuation

Peers Valuation

Competitors

Company Rational
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PAYX Paychex, Inc. provides integrated human capital management solutions for human resources (HR), payroll, benefits, and insurance services for small to medium-sized businesses in the United States, Europe, and India. It …
NSC Norfolk Southern Corporation, together with its subsidiaries, engages in the rail transportation of raw materials, intermediate products, and finished goods in the United States. The company transports agriculture, forest, and …
UNP Union Pacific Corporation, through its subsidiary, Union Pacific Railroad Company, operates in the railroad business in the United States. The company offers transportation services for grain and grain products, fertilizers, …
TDG TransDigm Group Incorporated designs, produces, and supplies aircraft components in the United States and internationally. Its Power & Control segment offers mechanical/electro-mechanical actuators and controls, ignition systems and engine technology, …

Peers Metrics

DCF BETA

Parameters

Short Term Growth
Short term Time
Long-Term Growth
WACC
Target Price
207.92$
Current Price
207.92$
Potential
-0.00%

Expected Cash-Flows

Scoring Insights

Peers Group Analysis

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