1.60%
4.88%
-1.27%
12.63%
5.74%
48.69%
131.76%

Company Description

Watts Water Technologies, Inc.designs, manufactures, and sells products, solution, and systems that manage and conserve the flow of fluids and energy into, through and out of buildings in the commercial and residential markets in the Americas, Europe, the Asia-Pacific, the Middle East, and Africa.The company offers residential and commercial flow control products, including backflow preventers, water pressure regulators, temperature and pressure relief valves, and thermostatic mixing valves.


It also provides heating, ventilation, and air conditioning and gas products, such as boilers, water heaters, custom heat, and hot water solutions; hydronic and electric heating systems for under-floor radiant applications; custom heat and hot water solutions; hydronic pump groups for boiler manufacturers and alternative energy control packages; and flexible stainless steel connectors for natural and liquid propane gas in commercial food service and residential applications.In addition, the company offers drainage and water re-use products comprising drainage products and engineered rain water harvesting solutions for commercial, industrial, marine, and residential applications; and water quality products that include point-of-use and point-of-entry water filtration, conditioning, and scale prevention systems for commercial and residential applications.Further, it provides smart mixing system under the IntelliStation name.


The company sells its products to plumbing, heating, and mechanical wholesale distributors and dealers, as well as original equipment manufacturers, specialty product distributors, do-it-yourself chains, and retail chains; and directly to wholesalers and private label accounts.Watts Water Technologies, Inc.was founded in 1874 and is headquartered in North Andover, Massachusetts.

Market Data

Last Price 215.05
Change Percentage 1.60%
Open 211.04
Previous Close 211.67
Market Cap ( Millions) 7164
Volume 149842
Year High 232.6
Year Low 175.37
M A 50 208.94
M A 200 201.58

Financial Ratios

FCF Yield 4.55%
Dividend Yield 0.80%
ROE 17.74%
Debt / Equity 11.53%
Net Debt / EBIDTA -41.73%
Price To Book 4.21
Price Earnings Ratio 24.67
Price To FCF 21.99
Price To sales 3.18
EV / EBITDA 15.33

News

Business Breakdown

Expected Mid-Term Growth

Segment nยฐ1 -> Residential and Commercial Flow Control

Expected Growth : 3.5 %

What the company do ?

Residential and Commercial Flow Control from Watts Water Technologies, Inc. is a valve system that regulates water pressure and flow rate in buildings to prevent damage and ensure efficient water supply.

Why we expect these perspectives ?

Residential and Commercial Flow Control segment's 3.5% growth is driven by increasing demand for water conservation and efficiency, stringent government regulations, and rising adoption of smart home technologies. Additionally, growing construction activities, urbanization, and infrastructure development also contribute to the segment's growth.

Segment nยฐ2 -> Heating, Ventilation and Air Conditioning and Gas Products

Expected Growth : 3.8 %

What the company do ?

Heating, Ventilation and Air Conditioning (HVAC) and Gas Products from Watts Water Technologies, Inc. provide solutions for water heating, hydronic heating, and gas piping systems.

Why we expect these perspectives ?

Watts Water Technologies' Heating, Ventilation and Air Conditioning (HVAC) and Gas Products segment growth of 3.8% is driven by increasing demand for energy-efficient solutions, rising construction activities, and growing adoption of smart HVAC systems. Additionally, stringent government regulations and standards for energy consumption and emissions are also contributing to the segment's growth.

Segment nยฐ3 -> Drainage and Water Re-use Products

Expected Growth : 3.2 %

What the company do ?

Watts Water Technologies, Inc. offers a range of drainage and water re-use products, including backwater valves, sump pumps, and greywater systems, to manage and conserve water efficiently.

Why we expect these perspectives ?

Watts Water Technologies' 3.2% growth in Drainage and Water Re-use Products is driven by increasing demand for water conservation solutions, stringent government regulations on water reuse, and rising adoption of sustainable infrastructure in commercial and residential buildings.

Segment nยฐ4 -> Water Quality Products

Expected Growth : 3.6 %

What the company do ?

Watts Water Technologies, Inc. offers a range of water quality products, including filtration systems, water softeners, and conditioners, to improve taste, odor, and purity of water.

Why we expect these perspectives ?

Watts Water Technologies' 3.6% growth in Water Quality Products is driven by increasing demand for clean water solutions, stringent government regulations, and rising consumer awareness of waterborne diseases. Additionally, the company's innovative product offerings, such as its lead-free valves and fittings, and strategic acquisitions have contributed to its growth momentum.

Watts Water Technologies, Inc. Products

Product Range What is it ?
Residential and Commercial Valves Watts Water Technologies offers a wide range of valves for residential and commercial applications, including ball valves, gate valves, and check valves.
Water Quality Solutions Watts Water Technologies provides water quality solutions, including water filters, water softeners, and reverse osmosis systems.
Heating and Hot Water Solutions Watts Water Technologies offers a range of heating and hot water solutions, including boilers, water heaters, and heat exchangers.
Drainage and Water Management Solutions Watts Water Technologies provides drainage and water management solutions, including drainage pumps, sewage pumps, and backflow preventers.
Flow Control and Balancing Solutions Watts Water Technologies offers flow control and balancing solutions, including balancing valves, flow meters, and pressure independent valves.
Water Safety and Thermostatic Mixing Valves Watts Water Technologies provides water safety and thermostatic mixing valves, including thermostatic mixing valves and temperature control valves.

Watts Water Technologies, Inc.'s Porter Forces

The threat of substitutes for Watts Water Technologies, Inc. is medium due to the availability of alternative products and services in the water technology industry.

The bargaining power of customers for Watts Water Technologies, Inc. is low due to the company's strong brand reputation and diversified customer base.

The bargaining power of suppliers for Watts Water Technologies, Inc. is medium due to the presence of multiple suppliers in the industry, but the company's large scale of operations gives it some bargaining power.

The threat of new entrants for Watts Water Technologies, Inc. is low due to the high barriers to entry in the water technology industry, including significant capital requirements and regulatory hurdles.

The intensity of rivalry for Watts Water Technologies, Inc. is high due to the competitive nature of the water technology industry, with multiple players competing for market share.

Capital Structure

Value
Debt Weight 16.99%
Debt Cost 3.95%
Equity Weight 83.01%
Equity Cost 8.64%
WACC 7.85%
Leverage 20.47%

Historical Valuation

Price/Earnings Ratio

Margin Valuation

Peers Valuation

Competitors

Company Rational
ITT ITT Inc. manufactures and sells engineered critical components and customized technology solutions for the transportation, industrial, and energy markets worldwide. The company operates through three segments: Motion Technologies, Industrial Process, โ€ฆ
NDSN Nordson Corporation engineers, manufactures, and markets products and systems to dispense, apply, and control adhesives, coatings, polymers, sealants, biomaterials, and other fluids worldwide. It operates through two segments, Industrial Precision โ€ฆ
IEX IDEX Corporation, together with its subsidiaries, provides applied solutions worldwide. The company operates through three segments: Fluid & Metering Technologies (FMT), Health & Science Technologies (HST), and Fire & Safety/Diversified โ€ฆ
FLS Flowserve Corporation designs, develops, manufactures, distributes, and services industrial flow management equipment in the United States, Europe, the Middle East, Africa, Asia, and internationally. It operates in two segments, Flowserve โ€ฆ
DCI Donaldson Company, Inc. manufactures and sells filtration systems and replacement parts worldwide. The company operates through two segments, Engine Products and Industrial Products. Its Engine Products segment provides replacement filters โ€ฆ

Peers Metrics

DCF BETA

Parameters

Short Term Growth
Short term Time
Long-Term Growth
WACC
Target Price
215.05$
Current Price
215.05$
Potential
-0.00%

Expected Cash-Flows

Scoring Insights

Peers Group Analysis

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