(WTS) Watts Water Technologies - Overview

Sector: Industrials | Industry: Specialty Industrial Machinery | Exchange: NYSE (USA) | Market Cap: 10.106m USD | Total Return: 54.3% in 12m

Flow Control, Heating, Drainage, Water Quality
Total Rating 73
Safety 86
Buy Signal 0.40
Specialty Industrial Machinery
Industry Rotation: +7.5
Market Cap: 10.1B
Avg Turnover: 48.2M USD
ATR: 2.63%
Peers RS (IBD): 66.9
Risk 5d forecast
Volatility24.8%
Rel. Tail Risk-8.85%
Reward TTM
Sharpe Ratio1.81
Alpha36.73
Character TTM
Beta0.779
Beta Downside1.015
Drawdowns 3y
Max DD19.54%
CAGR/Max DD1.30
EPS (Earnings per Share) EPS (Earnings per Share) of WTS over the last years for every Quarter: "2021-03": 1.24, "2021-06": 1.48, "2021-09": 1.39, "2021-12": 1.42, "2022-03": 1.63, "2022-06": 2.11, "2022-09": 1.79, "2022-12": 1.6, "2023-03": 1.92, "2023-06": 2.34, "2023-09": 2.04, "2023-12": 1.97, "2024-03": 2.33, "2024-06": 2.46, "2024-09": 2.03, "2024-12": 2.02, "2025-03": 2.37, "2025-06": 3.09, "2025-09": 2.5, "2025-12": 2.62,
EPS CAGR: 13.49%
EPS Trend: 76.5%
Last SUE: 2.46
Qual. Beats: 5
Revenue Revenue of WTS over the last years for every Quarter: 2021-03: 413.3, 2021-06: 467, 2021-09: 455, 2021-12: 473.9, 2022-03: 463.2, 2022-06: 526.6, 2022-09: 487.8, 2022-12: 501.9, 2023-03: 471.7, 2023-06: 532.8, 2023-09: 504.3, 2023-12: 547.5, 2024-03: 570.9, 2024-06: 597.3, 2024-09: 543.6, 2024-12: 540.4, 2025-03: 558, 2025-06: 643.7, 2025-09: 611.7, 2025-12: 625.1,
Rev. CAGR: 8.32%
Rev. Trend: 85.8%
Last SUE: 1.21
Qual. Beats: 4

Warnings

No concerns identified

Tailwinds

No distinct edge detected

Description: WTS Watts Water Technologies

Watts Water Technologies, Inc. (WTS) supplies water technology solutions across residential, commercial, and industrial sectors globally. Their product portfolio addresses fluid and energy management within buildings.

The companys offerings include flow control products like backflow preventers and pressure regulators, essential for maintaining water system integrity. They also provide HVAC and gas products, such as boilers and water heaters, which are core components of building infrastructure. Additionally, WTS offers drainage, water reuse, and water quality products, reflecting a comprehensive approach to water management.

WTS distributes its products through a diverse network, including wholesale distributors, OEMs, and retail chains. This multi-channel approach is common for industrial component suppliers. Investors should examine ValueRay for detailed financial metrics and competitive analysis.

Headlines to Watch Out For
  • New construction and renovation spending impacts demand
  • Raw material costs influence profit margins
  • Regulatory changes affect product specifications
  • Global economic conditions impact industrial demand
  • Wholesale distribution channels drive sales volume
Piotroski VR‑10 (Strict) 6.5
Net Income: 340.8m TTM > 0 and > 6% of Revenue
FCF/TA: 0.12 > 0.02 and ΔFCF/TA -1.23 > 1.0
NWC/Revenue: 31.73% < 20% (prev 29.55%; Δ 2.18% < -1%)
CFO/TA 0.14 > 3% & CFO 402.0m > Net Income 340.8m
Net Debt (-207.8m) to EBITDA (526.6m): -0.39 < 3
Current Ratio: 2.51 > 1.5 & < 3
Outstanding Shares: last quarter (33.4m) vs 12m ago -0.30% < -2%
Gross Margin: 49.46% > 18% (prev 0.47%; Δ 4.90k% > 0.5%)
Asset Turnover: 92.40% > 50% (prev 93.96%; Δ -1.56% > 0%)
Interest Coverage Ratio: 42.28 > 6 (EBITDA TTM 526.6m / Interest Expense TTM 10.8m)
Altman Z'' 6.15
A: 0.27 (Total Current Assets 1.29b - Total Current Liabilities 512.4m) / Total Assets 2.88b
B: 0.50 (Retained Earnings 1.43b / Total Assets 2.88b)
C: 0.17 (EBIT TTM 456.6m / Avg Total Assets 2.64b)
D: 1.53 (Book Value of Equity 1.31b / Total Liabilities 853.5m)
Altman-Z'' Score: 6.15 = AAA
Beneish M -3.18
DSRI: 1.07 (Receivables 294.0m/253.2m, Revenue 2.44b/2.25b)
GMI: 0.95 (GM 49.46% / 47.15%)
AQI: 0.64 (AQ_t 0.28 / AQ_t-1 0.44)
SGI: 1.08 (Revenue 2.44b / 2.25b)
TATA: -0.02 (NI 340.8m - CFO 402.0m) / TA 2.88b)
Beneish M-Score: -3.18 (Cap -4..+1) = AA
What is the price of WTS shares? As of April 16, 2026, the stock is trading at USD 308.74 with a total of 123,381 shares traded.
Over the past week, the price has changed by +0.83%, over one month by +0.95%, over three months by +2.47% and over the past year by +54.28%.
Is WTS a buy, sell or hold? Watts Water Technologies has received a consensus analysts rating of 3.22. Therefor, it is recommend to hold WTS.
  • StrongBuy: 1
  • Buy: 0
  • Hold: 8
  • Sell: 0
  • StrongSell: 0
What are the forecasts/targets for the WTS price?
Analysts Target Price 336.1 8.9%
Watts Water Technologies (WTS) - Fundamental Data Overview as of 13 April 2026
P/E Trailing = 29.767
P/E Forward = 25.9067
P/S = 4.1443
P/B = 4.984
P/EG = 3.2343
Revenue TTM = 2.44b USD
EBIT TTM = 456.6m USD
EBITDA TTM = 526.6m USD
Long Term Debt = 197.7m USD (from longTermDebt, last quarter)
 Short Term Debt = unknown (none)
 Debt = 197.7m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = -207.8m USD (from netDebt column, last quarter)
Enterprise Value = 9.90b USD (10.11b + Debt 197.7m - CCE 405.5m)
Interest Coverage Ratio = 42.28 (Ebit TTM 456.6m / Interest Expense TTM 10.8m)
EV/FCF = 27.78x (Enterprise Value 9.90b / FCF TTM 356.3m)
FCF Yield = 3.60% (FCF TTM 356.3m / Enterprise Value 9.90b)
FCF Margin = 14.61% (FCF TTM 356.3m / Revenue TTM 2.44b)
Net Margin = 13.98% (Net Income TTM 340.8m / Revenue TTM 2.44b)
Gross Margin = 49.46% ((Revenue TTM 2.44b - Cost of Revenue TTM 1.23b) / Revenue TTM)
Gross Margin QoQ = 49.46% (prev 48.78%)
Tobins Q-Ratio = 3.44 (Enterprise Value 9.90b / Total Assets 2.88b)
Interest Expense / Debt = 1.37% (Interest Expense 2.70m / Debt 197.7m)
Taxrate = 26.06% (29.5m / 113.2m)
NOPAT = 337.6m (EBIT 456.6m * (1 - 26.06%))
Current Ratio = 2.51 (Total Current Assets 1.29b / Total Current Liabilities 512.4m)
Debt / Equity = 0.10 (Debt 197.7m / totalStockholderEquity, last quarter 2.03b)
Debt / EBITDA = -0.39 (Net Debt -207.8m / EBITDA 526.6m)
Debt / FCF = -0.58 (Net Debt -207.8m / FCF TTM 356.3m)
Total Stockholder Equity = 1.91b (last 4 quarters mean from totalStockholderEquity)
RoA = 12.91% (Net Income 340.8m / Total Assets 2.88b)
RoE = 17.82% (Net Income TTM 340.8m / Total Stockholder Equity 1.91b)
RoCE = 21.64% (EBIT 456.6m / Capital Employed (Equity 1.91b + L.T.Debt 197.7m))
RoIC = 16.00% (NOPAT 337.6m / Invested Capital 2.11b)
WACC = 8.57% (E(10.11b)/V(10.30b) * Re(8.72%) + D(197.7m)/V(10.30b) * Rd(1.37%) * (1-Tc(0.26)))
Discount Rate = 8.72% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -81.65 | Cagr: -0.15%
[DCF] Terminal Value 79.04% ; FCFF base≈344.1m ; Y1≈404.7m ; Y5≈618.7m
[DCF] Fair Price = 356.7 (EV 9.59b - Net Debt -207.8m = Equity 9.80b / Shares 27.5m; r=8.57% [WACC]; 5y FCF grow 18.77% → 3.0% )
EPS Correlation: 76.49 | EPS CAGR: 13.49% | SUE: 2.46 | # QB: 5
Revenue Correlation: 85.83 | Revenue CAGR: 8.32% | SUE: 1.21 | # QB: 4
EPS next Quarter (2026-06-30): EPS=3.32 | Chg7d=-0.004 | Chg30d=-0.004 | Revisions Net=+4 | Analysts=11
EPS current Year (2026-12-31): EPS=11.76 | Chg7d=-0.012 | Chg30d=-0.012 | Revisions Net=+9 | Growth EPS=+11.2% | Growth Revenue=+10.5%
EPS next Year (2027-12-31): EPS=12.75 | Chg7d=-0.011 | Chg30d=-0.011 | Revisions Net=+5 | Growth EPS=+8.4% | Growth Revenue=+5.3%
[Analyst] Revisions Ratio: +0.67 (5 Up / 1 Down within 30d for Next Quarter)
[Growth] Implied Growth Rate = 5.4% (Discount Rate 8.7% - Earnings Yield 3.4%)
[Growth] Growth Spread = +5.3% (Analyst 10.7% - Implied 5.4%)
External Resources
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