(HAYW) Hayward Holdings - Overview
Stock: Pumps, Filters, Heaters, Cleaners, Lighting
EPS (Earnings per Share)
Revenue
| Risk 5d forecast | |
|---|---|
| Volatility | 32.5% |
| Relative Tail Risk | -11.5% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 0.28 |
| Alpha | -13.76 |
| Character TTM | |
|---|---|
| Beta | 1.058 |
| Beta Downside | 0.984 |
| Drawdowns 3y | |
|---|---|
| Max DD | 31.81% |
| CAGR/Max DD | 0.15 |
Description: HAYW Hayward Holdings January 12, 2026
Hayward Holdings, Inc. (NYSE:HAYW) designs, manufactures, and markets a broad range of pool equipment and automation systems-including pumps, filters, robotic cleaners, heaters, heat pumps, water sanitizers, and LED lighting-across North America, Europe, and other international markets. Its distribution network spans specialty distributors, retailers, pool builders, and buying groups. Founded in 1925, the company is headquartered in Charlotte, North Carolina.
Key recent metrics: as of the latest quarter, Hayward reported a 4.2% year-over-year increase in net sales, driven largely by a 7% rise in North American pool-builder shipments, while its operating margin held steady around 12%. The pool-and-spa sector remains sensitive to residential construction activity and discretionary consumer spending, with the U.S. housing market’s 2.8% annual growth rate in 2024 serving as a primary demand catalyst. Additionally, the shift toward energy-efficient heat pumps-benefiting from federal tax incentives for green upgrades-has accelerated demand for Hayward’s premium heating solutions.
For a deeper quantitative view, consult ValueRay’s detailed HAYW model to explore scenario-based forecasts and valuation sensitivities.
Piotroski VR‑10 (Strict, 0-10) 5.5
| Net Income: 137.9m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.06 > 0.02 and ΔFCF/TA -1.21 > 1.0 |
| NWC/Revenue: 52.47% < 20% (prev 40.02%; Δ 12.45% < -1%) |
| CFO/TA 0.07 > 3% & CFO 219.3m > Net Income 137.9m |
| Net Debt (542.3m) to EBITDA (292.1m): 1.86 < 3 |
| Current Ratio: 3.18 > 1.5 & < 3 |
| Outstanding Shares: last quarter (222.4m) vs 12m ago 0.44% < -2% |
| Gross Margin: 49.06% > 18% (prev 0.47%; Δ 4859 % > 0.5%) |
| Asset Turnover: 36.88% > 50% (prev 34.71%; Δ 2.17% > 0%) |
| Interest Coverage Ratio: 4.30 > 6 (EBITDA TTM 292.1m / Interest Expense TTM 54.3m) |
Altman Z'' 3.15
| A: 0.19 (Total Current Assets 835.8m - Total Current Liabilities 262.5m) / Total Assets 3.04b |
| B: 0.26 (Retained Earnings 782.7m / Total Assets 3.04b) |
| C: 0.08 (EBIT TTM 233.7m / Avg Total Assets 2.96b) |
| D: 0.51 (Book Value of Equity 777.0m / Total Liabilities 1.51b) |
| Altman-Z'' Score: 3.15 = A |
Beneish M -3.12
| DSRI: 0.95 (Receivables 116.1m/111.6m, Revenue 1.09b/1.00b) |
| GMI: 0.96 (GM 49.06% / 46.95%) |
| AQI: 0.91 (AQ_t 0.65 / AQ_t-1 0.72) |
| SGI: 1.09 (Revenue 1.09b / 1.00b) |
| TATA: -0.03 (NI 137.9m - CFO 219.3m) / TA 3.04b) |
| Beneish M-Score: -3.12 (Cap -4..+1) = AA |
What is the price of HAYW shares?
Over the past week, the price has changed by -5.55%, over one month by -2.33%, over three months by -6.40% and over the past year by +8.09%.
Is HAYW a buy, sell or hold?
- StrongBuy: 2
- Buy: 1
- Hold: 6
- Sell: 1
- StrongSell: 0
What are the forecasts/targets for the HAYW price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 17.9 | 15.3% |
| Analysts Target Price | 17.9 | 15.3% |
| ValueRay Target Price | 15.6 | 0.5% |
HAYW Fundamental Data Overview January 29, 2026
P/E Forward = 19.305
P/S = 3.2337
P/B = 2.3356
P/EG = 1.3684
Revenue TTM = 1.09b USD
EBIT TTM = 233.7m USD
EBITDA TTM = 292.1m USD
Long Term Debt = 947.7m USD (from longTermDebt, last quarter)
Short Term Debt = 23.2m USD (from shortTermDebt, last quarter)
Debt = 971.0m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 542.3m USD (from netDebt column, last quarter)
Enterprise Value = 4.08b USD (3.56b + Debt 971.0m - CCE 448.3m)
Interest Coverage Ratio = 4.30 (Ebit TTM 233.7m / Interest Expense TTM 54.3m)
EV/FCF = 21.28x (Enterprise Value 4.08b / FCF TTM 191.7m)
FCF Yield = 4.70% (FCF TTM 191.7m / Enterprise Value 4.08b)
FCF Margin = 17.54% (FCF TTM 191.7m / Revenue TTM 1.09b)
Net Margin = 12.62% (Net Income TTM 137.9m / Revenue TTM 1.09b)
Gross Margin = 49.06% ((Revenue TTM 1.09b - Cost of Revenue TTM 556.6m) / Revenue TTM)
Gross Margin QoQ = 49.74% (prev 50.39%)
Tobins Q-Ratio = 1.34 (Enterprise Value 4.08b / Total Assets 3.04b)
Interest Expense / Debt = 1.17% (Interest Expense 11.3m / Debt 971.0m)
Taxrate = 23.00% (7.18m / 31.2m)
NOPAT = 179.9m (EBIT 233.7m * (1 - 23.00%))
Current Ratio = 3.18 (Total Current Assets 835.8m / Total Current Liabilities 262.5m)
Debt / Equity = 0.64 (Debt 971.0m / totalStockholderEquity, last quarter 1.52b)
Debt / EBITDA = 1.86 (Net Debt 542.3m / EBITDA 292.1m)
Debt / FCF = 2.83 (Net Debt 542.3m / FCF TTM 191.7m)
Total Stockholder Equity = 1.47b (last 4 quarters mean from totalStockholderEquity)
RoA = 4.65% (Net Income 137.9m / Total Assets 3.04b)
RoE = 9.37% (Net Income TTM 137.9m / Total Stockholder Equity 1.47b)
RoCE = 9.66% (EBIT 233.7m / Capital Employed (Equity 1.47b + L.T.Debt 947.7m))
RoIC = 7.39% (NOPAT 179.9m / Invested Capital 2.43b)
WACC = 7.91% (E(3.56b)/V(4.53b) * Re(9.82%) + D(971.0m)/V(4.53b) * Rd(1.17%) * (1-Tc(0.23)))
Discount Rate = 9.82% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 100.0 | Cagr: 0.36%
[DCF Debug] Terminal Value 81.56% ; FCFF base≈202.0m ; Y1≈249.2m ; Y5≈424.4m
Fair Price DCF = 31.21 (EV 7.31b - Net Debt 542.3m = Equity 6.77b / Shares 216.9m; r=7.91% [WACC]; 5y FCF grow 25.0% → 2.90% )
EPS Correlation: -36.97 | EPS CAGR: -58.06% | SUE: -4.0 | # QB: 0
Revenue Correlation: -43.55 | Revenue CAGR: -10.02% | SUE: 0.72 | # QB: 0
EPS next Quarter (2026-03-31): EPS=0.13 | Chg30d=+0.003 | Revisions Net=+0 | Analysts=5
EPS next Year (2026-12-31): EPS=0.85 | Chg30d=-0.009 | Revisions Net=-3 | Growth EPS=+11.2% | Growth Revenue=+5.2%