HAYW Stock Analysis: Hayward Holdings | NYSE
Electrical Equipment & Parts | NYSE, USA | Market Cap: 2.596m USD | 12M Return: -20.9% | US4212981009 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 46.2M
EPS Trend: 97.7%
Qual. Beats: 7
Rev. Trend: 98.4%
Qual. Beats: 8
Warnings
Tailwinds
Seasonality 5.5 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
Hayward Holdings, Inc. (NYSE: HAYW) is a U.S.-based manufacturer and marketer of pool equipment and automation systems, serving residential and commercial pool markets across North America, Europe, and other international regions. Its product portfolio spans pumps, filters, robotic and suction/pressure cleaners, sanitizers, salt chlorine generators, gas heaters, heat pumps, safety equipment, and LED lighting solutions.
The company distributes its products through specialty distributors, retailers, pool builders, and buying groups, operating in a business model typical of the leisure products industry, which is closely tied to discretionary consumer spending and installed base replacement cycles. Founded in 1925 and headquartered in Charlotte, North Carolina, Hayward has a long operating history in the pool equipment category.
Within the GICS Consumer Discretionary sector, HAYW is classified as a mid-cap leisure products company, having gone public on March 12, 2021.
- US existing home sales and pool construction drive demand
- DOE energy efficiency standards accelerate variable-speed pump adoption
- Channel inventory normalization pressures near-term revenue and margins
| Net Income: 161.4m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.07 > 0.02 and ΔFCF/TA 1.15 > 1.0 |
| NWC/Revenue: 55.89% < 20% (prev 49.67%; Δ 6.23% < -1%) |
| CFO/TA 0.08 > 3% & CFO 239.2m > Net Income 161.4m |
| Net Debt (481.9m) to EBITDA (305.8m): 1.58 < 3 |
| Current Ratio: 3.33 > 1.5 & < 3 |
| Outstanding Shares: last quarter (220.8m) vs 12m ago -0.46% < -2% |
| Gross Margin: 44.64% > 18% (prev 48.35%; Δ -3.71% > 0.5%) |
| Asset Turnover: 37.93% > 50% (prev 35.66%; Δ 2.27% > 0%) |
| Interest Coverage Ratio: 4.21 > 6 (EBIT TTM 256.7m / Interest Expense TTM 61.0m) |
| A: 0.21 (Total Current Assets 932.8m - Total Current Liabilities 280.3m) / Total Assets 3.12b |
| B: 0.30 (Retained Earnings 920.1m / Total Assets 3.12b) |
| C: 0.08 (EBIT TTM 256.7m / Avg Total Assets 3.08b) |
| D: 1.06 (Book Value of Equity 1.60b / Total Liabilities 1.52b) |
| Altman-Z'' = 4.01 = AA |
| DSRI: 0.87 (Receivables 158.5m/169.8m, Revenue 1.17b/1.08b) |
| GMI: 1.08 (GM 48.35% / 44.64%) |
| AQI: 0.96 (AQ_t 0.65 / AQ_t-1 0.68) |
| SGI: 1.08 (Revenue 1.17b / 1.08b) |
| TATA: -0.02 (NI 161.4m - CFO 239.2m) / TA 3.12b) |
| Beneish M = -3.03 (Cap -4..+1) = AA |
As of October 07, 2026, the stock is trading at USD 12.31 with a total of 2,364,805 shares traded. Over the past week, the price has changed by -0.24%, over one month by -8.41%, over three months by -26.81% and over the past year by -20.94%.
Current recommended Stop Loss: 11.90 (which is 3.3% or 1.2 ATR below the current price).
Hayward Holdings has received a consensus analysts rating of 3.40. Therefore, it is recommended to hold HAYW.
- StrongBuy: 2
- Buy: 1
- Hold: 6
- Sell: 1
- StrongSell: 0
| Analysts Target Price | 17.9 | 45.7% |
P/E Trailing = 17.2394
P/E Forward = 13.0039
P/S = 2.2242
P/B = 1.6882
P/EG = 1.112
Revenue TTM = 1.17b USD
EBIT TTM = 256.7m USD
EBITDA TTM = 305.8m USD
Long Term Debt = 945.6m USD (from longTermDebt, last quarter)
Short Term Debt = 10.8m USD (from shortTermDebt, last quarter)
Debt = 965.2m USD (corrected: LT Debt 945.6m + ST Debt 10.8m) + Leases 8.82m
Net Debt = 481.9m USD (calculated: Debt 965.2m - CCE 483.4m)
Enterprise Value = 3.08b USD (2.60b + Debt 965.2m - CCE 483.4m)
Interest Coverage Ratio = 4.21 (Ebit TTM 256.7m / Interest Expense TTM 61.0m)
EV/FCF = 15.07x (Enterprise Value 3.08b / FCF TTM 204.3m)
FCF Yield = 6.64% (FCF TTM 204.3m / Enterprise Value 3.08b)
FCF Margin = 17.50% (FCF TTM 204.3m / Revenue TTM 1.17b)
Net Margin = 13.83% (Net Income TTM 161.4m / Revenue TTM 1.17b)
Gross Margin = 44.64% ((Revenue TTM 1.17b - Cost of Revenue TTM 646.2m) / Revenue TTM)
Gross Margin QoQ = 48.70% (prev 44.02%)
Tobins Q-Ratio = 0.99 (Enterprise Value 3.08b / Total Assets 3.12b)
Interest Expense / Debt = 6.32% (Interest Expense 61.0m / Debt 965.2m)
Taxrate = 17.60% (34.5m / 195.9m)
NOPAT = 211.5m (EBIT 256.7m * (1 - 17.60%))
Current Ratio = 3.33 (Total Current Assets 932.8m / Total Current Liabilities 280.3m)
Debt / Equity = 0.60 (Debt 965.2m / totalStockholderEquity, last quarter 1.60b)
Debt / EBITDA = 1.58 (Net Debt 481.9m / EBITDA 305.8m)
Debt / FCF = 2.36 (Net Debt 481.9m / FCF TTM 204.3m)
Total Stockholder Equity = 1.58b (last 4 quarters mean from totalStockholderEquity)
RoA = 5.25% (Net Income 161.4m / Total Assets 3.12b)
RoE = 10.20% (Net Income TTM 161.4m / Total Stockholder Equity 1.58b)
RoCE = 10.15% (EBIT 256.7m / Capital Employed (Equity 1.58b + L.T.Debt 945.6m))
RoIC = 7.58% (NOPAT 211.5m / Invested Capital 2.79b)
WACC = 8.77% (E(2.60b)/V(3.56b) * Re(10.09%) + D(965.2m)/V(3.56b) * Rd(6.32%) * (1-Tc(0.18)))
Discount Rate = 10.09% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 39.29 | Cagr: -0.05%
[DCF] Terminal Value 76.63% ; FCFF base≈188.1m ; Y1≈215.7m ; Y5≈317.4m
[DCF] Fair Price = 18.71 (EV 4.45b - Net Debt 481.9m = Equity 3.97b / Shares 212.1m; r=8.77% [WACC]; 5y FCF grow 15.0% → 2.50% )
EPS Correlation: 97.74 | EPS CAGR: 21.33% | SUE: 2.25 | # QB: 7
Revenue Correlation: 98.36 | Revenue CAGR: 7.10% | SUE: 1.86 | # QB: 8
EPS current Quarter (2026-09-30): EPS=0.16 | Chg30d=+0.71% | Revisions=+22% | Analysts=9
EPS current Year (2026-12-31): EPS=0.86 | Chg30d=+0.12% | Revisions=+70% | GrowthEPS=+12.2% | GrowthRev=+5.3%
EPS next Year (2027-12-31): EPS=0.97 | Chg30d=+0.31% | Revisions=+75% | GrowthEPS=+12.3% | GrowthRev=+5.5%
[Analyst] Revisions Ratio: +72% (up=20, down=2)