(MWA) Mueller Water Products - Overview
Sector: Industrials | Industry: Specialty Industrial Machinery | Exchange: NYSE (USA) | Market Cap: 4.024m USD | Total Return: 2.1% in 12m
Avg Turnover: 28.6M
EPS Trend: 97.6%
Qual. Beats: 0
Rev. Trend: 89.1%
Qual. Beats: 0
Warnings
Below Avwap Earnings
Tailwinds
Confidence
Mueller Water Products (NYSE: MWA) is a leading manufacturer of infrastructure products used in the transmission, distribution, and measurement of water. The company operates through two primary segments: Water Flow Solutions, which focuses on various valve types and service brass, and Water Management Solutions, which provides fire hydrants, repair products, metering systems, and leak detection technology. Its extensive brand portfolio includes names such as Mueller, Pratt, and Echologics.
The company serves a critical role in the municipal water sector, where demand is largely driven by the aging state of North American water infrastructure and federal funding for system upgrades. Unlike typical consumer industrials, MWA operates in a highly regulated environment where product longevity and reliability are essential for public safety and utility efficiency. Investors may find more detailed fundamental analysis on ValueRay to further evaluate the companys long-term position.
Founded in 1857 and headquartered in Atlanta, Georgia, the firm integrates traditional mechanical hardware with intelligent water solutions, such as network analytics and pressure management. This hybrid business model allows the company to capture value from both heavy industrial manufacturing and the growing digital transformation of utility management.
- Municipal infrastructure spending drives demand for iron gate valves and fire hydrants
- Residential and non-residential construction cycles dictate sales of water metering systems
- Raw material price volatility for iron and brass impacts manufacturing margins
- Aging water infrastructure replacement projects sustain long-term revenue for pipe repair segments
- Federal funding for water quality and distribution modernization accelerates project backlogs
| Net Income: 207.4m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.07 > 0.02 and ΔFCF/TA -4.02 > 1.0 |
| NWC/Revenue: 56.89% < 20% (prev 47.72%; Δ 9.17% < -1%) |
| CFO/TA 0.11 > 3% & CFO 199.3m > Net Income 207.4m |
| Net Debt (59.7m) to EBITDA (336.3m): 0.18 < 3 |
| Current Ratio: 4.57 > 1.5 & < 3 |
| Outstanding Shares: last quarter (157.4m) vs 12m ago -0.06% < -2% |
| Gross Margin: 37.58% > 18% (prev 0.34%; Δ 3.72k% > 0.5%) |
| Asset Turnover: 82.34% > 50% (prev 82.22%; Δ 0.12% > 0%) |
| Interest Coverage Ratio: 22.98 > 6 (EBITDA TTM 336.3m / Interest Expense TTM 12.5m) |
| A: 0.44 (Total Current Assets 1.07b - Total Current Liabilities 233.3m) / Total Assets 1.88b |
| B: -0.04 (Retained Earnings -71.9m / Total Assets 1.88b) |
| C: 0.16 (EBIT TTM 287.3m / Avg Total Assets 1.78b) |
| D: -0.08 (Book Value of Equity -65.9m / Total Liabilities 814.0m) |
| Altman-Z'' = 3.77 = AA |
| DSRI: 0.88 (Receivables 208.6m/221.6m, Revenue 1.46b/1.37b) |
| GMI: 0.92 (GM 37.58% / 34.46%) |
| AQI: 0.98 (AQ_t 0.25 / AQ_t-1 0.26) |
| SGI: 1.07 (Revenue 1.46b / 1.37b) |
| TATA: 0.00 (NI 207.4m - CFO 199.3m) / TA 1.88b) |
| Beneish M = -3.16 (Cap -4..+1) = AA |
As of May 25, 2026, the stock is trading at USD 25.12 with a total of 839,469 shares traded.
Over the past week, the price has changed by -0.78%,
over one month by -9.91%,
over three months by -15.18% and
over the past year by +2.07%.
Mueller Water Products has received a consensus analysts rating of 3.67. Therefore, it is recommended to hold MWA.
- StrongBuy: 2
- Buy: 0
- Hold: 4
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 32.2 | 28.2% |
P/E Forward = 17.3611
P/S = 2.7495
P/B = 3.7277
P/EG = 1.1569
Revenue TTM = 1.46b USD
EBIT TTM = 287.3m USD
EBITDA TTM = 336.3m USD
Long Term Debt = 451.0m USD (from longTermDebt, last quarter)
Short Term Debt = 1.40m USD (from shortTermDebt, last quarter)
Debt = 480.7m USD (from shortLongTermDebtTotal, last quarter) + Leases 28.3m
Net Debt = 59.7m USD (calculated: Debt 480.7m - CCE 421.0m)
Enterprise Value = 4.08b USD (4.02b + Debt 480.7m - CCE 421.0m)
Interest Coverage Ratio = 22.98 (Ebit TTM 287.3m / Interest Expense TTM 12.5m)
EV/FCF = 28.92x (Enterprise Value 4.08b / FCF TTM 141.2m)
FCF Yield = 3.46% (FCF TTM 141.2m / Enterprise Value 4.08b)
FCF Margin = 9.65% (FCF TTM 141.2m / Revenue TTM 1.46b)
Net Margin = 14.17% (Net Income TTM 207.4m / Revenue TTM 1.46b)
Gross Margin = 37.58% ((Revenue TTM 1.46b - Cost of Revenue TTM 913.7m) / Revenue TTM)
Gross Margin QoQ = 37.59% (prev 37.65%)
Tobins Q-Ratio = 2.17 (Enterprise Value 4.08b / Total Assets 1.88b)
Interest Expense / Debt = 2.60% (Interest Expense 12.5m / Debt 480.7m)
Taxrate = 25.0% (19.7m / 78.8m)
NOPAT = 215.5m (EBIT 287.3m * (1 - 25.00%))
Current Ratio = 4.57 (Total Current Assets 1.07b / Total Current Liabilities 233.3m)
Debt / Equity = 0.45 (Debt 480.7m / totalStockholderEquity, last quarter 1.07b)
Debt / EBITDA = 0.18 (Net Debt 59.7m / EBITDA 336.3m)
Debt / FCF = 0.42 (Net Debt 59.7m / FCF TTM 141.2m)
Total Stockholder Equity = 999.9m (last 4 quarters mean from totalStockholderEquity)
RoA = 11.67% (Net Income 207.4m / Total Assets 1.88b)
RoE = 19.35% (Net Income TTM 207.4m / Total Stockholder Equity 1.07b)
RoCE = 18.87% (EBIT 287.3m / Capital Employed (Equity 1.07b + L.T.Debt 451.0m))
RoIC = 13.26% (NOPAT 215.5m / Invested Capital 1.63b)
WACC = 7.25% (E(4.02b)/V(4.51b) * Re(7.88%) + D(480.7m)/V(4.51b) * Rd(2.60%) * (1-Tc(0.25)))
Discount Rate = 7.88% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 43.53 | Cagr: 0.20%
[DCF] Terminal Value 73.10% ; FCFF base≈161.6m ; Y1≈141.7m ; Y5≈114.5m
[DCF] Fair Price = 11.37 (EV 1.84b - Net Debt 59.7m = Equity 1.78b / Shares 156.5m; r=8.35% [WACC [floored]]; 5y FCF grow -15.0% → 2.50% )
EPS Correlation: 97.58 | EPS CAGR: 41.01% | SUE: 0.51 | # QB: 0
Revenue Correlation: 89.09 | Revenue CAGR: 6.31% | SUE: 0.24 | # QB: 0
EPS current Quarter (2026-06-30): EPS=0.39 | Chg30d=+1.03% | Revisions=+33% | Analysts=5
EPS current Year (2026-09-30): EPS=1.48 | Chg30d=+2.50% | Revisions=+56% | GrowthEPS=+12.8% | GrowthRev=+3.8%
EPS next Year (2027-09-30): EPS=1.58 | Chg30d=+1.80% | Revisions=+50% | GrowthEPS=+6.9% | GrowthRev=+4.3%
[Analyst] Revisions Ratio: +56%