HAYW Stock Analysis: Hayward Holdings | NYSE
Electrical Equipment & Parts | NYSE, USA | Market Cap: 3.235m USD | 12M Return: -1.6% | Charts, Fundamentals & Technical Analysis
Avg Turnover: 44.7M
EPS Trend: 97.7%
Qual. Beats: 7
Rev. Trend: 98.4%
Qual. Beats: 8
Warnings
Tailwinds
Seasonality 5.3 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 (NYSE: HAYW) is a global designer, manufacturer, and marketer of pool equipment and automation systems, serving customers in North America, Europe, and other international markets. Its product portfolio spans pumps, filters, robotic and suction/pressure cleaners, salt chlorine generators, heaters, lighting, safety equipment, and in-floor cleaning systems. The company distributes through specialty distributors, retailers, pool builders, and buying groups, and has been in operation since 1925, with its corporate headquarters in Charlotte, North Carolina.
Operating within the Consumer Discretionary sector (Leisure Products sub-industry), Haywards business model is tied to the installed base of residential and commercial swimming pools, with demand influenced by new pool construction, renovation cycles, and replacement of legacy equipment. The growing share of connected and energy-efficient products-such as variable-speed pumps, heat pumps, and salt-based sanitization-reflects a broader industry shift toward smart pool automation and lower operating costs for end users.
- New pool installations decline with higher mortgage rates
- Energy-efficient heat pump demand drives product mix shift
- Channel destocking weighs on near-term pricing power
| Net Income: 161.4m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.09 > 0.02 and ΔFCF/TA 3.69 > 1.0 |
| NWC/Revenue: 55.89% < 20% (prev 49.67%; Δ 6.23% < -1%) |
| CFO/TA 0.10 > 3% & CFO 316.5m > 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: -0.05 (NI 161.4m - CFO 316.5m) / TA 3.12b) |
| Beneish M = -3.04 (Cap -4..+1) = AA |
As of August 01, 2026, the stock is trading at USD 15.13 with a total of 2,700,207 shares traded. Over the past week, the price has changed by +4.85%, over one month by -12.59%, over three months by +0.80% and over the past year by -1.63%.
Current recommended Stop Loss: 13.70 (which is 9.5% or 2.6 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 | 17.2 | 13.7% |
P/E Trailing = 20.6081
P/E Forward = 17.9856
P/S = 2.8165
P/B = 2.034
P/EG = 1.7296
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 = 3.72b USD (3.23b + Debt 965.2m - CCE 483.4m)
Interest Coverage Ratio = 4.21 (Ebit TTM 256.7m / Interest Expense TTM 61.0m)
EV/FCF = 13.09x (Enterprise Value 3.72b / FCF TTM 283.9m)
FCF Yield = 7.64% (FCF TTM 283.9m / Enterprise Value 3.72b)
FCF Margin = 24.32% (FCF TTM 283.9m / 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 = 1.19 (Enterprise Value 3.72b / 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 = 1.70 (Net Debt 481.9m / FCF TTM 283.9m)
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 = 8.71% (E(3.23b)/V(4.20b) * Re(9.75%) + D(965.2m)/V(4.20b) * Rd(6.32%) * (1-Tc(0.18)))
Discount Rate = 9.75% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 39.29 | Cagr: -0.05%
[DCF] Terminal Value 76.82% ; FCFF base≈236.2m ; Y1≈270.7m ; Y5≈398.4m
[DCF] Fair Price = 24.33 (EV 5.64b - Net Debt 481.9m = Equity 5.16b / Shares 212.1m; r=8.71% [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=0.15 | Chg30d=-3.54% | Revisions=+57% | Analysts=9
EPS current Year (2026-12-31): EPS=0.86 | Chg30d=-0.13% | Revisions=+62% | GrowthEPS=+11.2% | GrowthRev=+4.2%
EPS next Year (2027-12-31): EPS=0.95 | Chg30d=-0.82% | Revisions=+36% | GrowthEPS=+10.8% | GrowthRev=+6.0%
[Analyst] Revisions Ratio: +64% (up=19, down=3)