ScoreComparison
Company
Score
Quality
Valuation
Financial
Technical
Why is Waters Corp. ?
1
High Management Efficiency with a high ROCE of 47.77%
2
Strong ability to service debt as the company has a low Debt to EBITDA ratio of 1.17 times
3
Poor long term growth as Net Sales has grown by an annual rate of 5.98% and Operating profit at 4.74% over the last 5 years
- ROCE(HY) Lowest at 37.03%
4
With ROCE of 27.82%, it has a fair valuation with a 18.75 Enterprise value to Capital Employed
- The stock is trading at a discount compared to its peers' average historical valuations
- Over the past year, while the stock has generated a return of 1.80%, its profits have risen by 8.1% ; the PEG ratio of the company is 11.1
5
Underperformed the market in the last 1 year
- The stock has generated a return of 1.80% in the last 1 year, much lower than market (S&P 500) returns of 14.11%
Real-Time Research ReportHow much should you hold?
- Overall Portfolio exposure to Waters Corp. should be less than 10%
- Overall Portfolio exposure to Pharmaceuticals & Biotechnology should be less than 30%
(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Pharmaceuticals & Biotechnology)
When to exit? - We will constantly monitor the company and suggest at the appropriate time to exit from the stock
Is Waters Corp. for you?
Medium Risk, High Return
Absolute
Risk Adjusted
Volatility
Waters Corp.
-21.62%
0.82
36.59%
S&P 500
18.34%
0.70
20.15%
Quality
Management Risk
Growth
Capital StructureQuality key factors
Factor
Value
Sales Growth (5y)
6.00%
EBIT Growth (5y)
3.99%
EBIT to Interest (avg)
14.34
Debt to EBITDA (avg)
1.17
Net Debt to Equity (avg)
0.56
Sales to Capital Employed (avg)
0.84
Tax Ratio
16.08%
Dividend Payout Ratio
0
Pledged Shares
0
Institutional Holding
100.00%
ROCE (avg)
47.77%
ROE (avg)
133.16%
ValuationValuation Key Factors 
Factor
Value
P/E Ratio
87
Industry P/E
Price to Book Value
22.84
EV to EBIT
70.23
EV to EBITDA
56.45
EV to Capital Employed
17.55
EV to Sales
18.74
PEG Ratio
29.56
Dividend Yield
NA
ROCE (Latest)
24.98%
ROE (Latest)
26.32%
TechnicalsTechnical key factors
Indicator
Weekly
Monthly
MACD
Bearish
Mildly Bearish
RSI
No Signal
No Signal
Bollinger Bands
Mildly Bearish
Bearish
Moving Averages
Mildly Bullish (Daily)
KST
Bearish
Bearish
Dow Theory
No Trend
Mildly Bearish
OBV
No Trend
Mildly Bearish
Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish Turned 
Financial Trend10What is working for the Company
DEBT-EQUITY RATIO
(HY)
Lowest at 32 %
INTEREST COVERAGE RATIO(Q)
The company hardly has any interest cost
RAW MATERIAL COST(Y)
Fallen by -1.89% (YoY
INVENTORY TURNOVER RATIO(HY)
Highest at 2.54 times
NET SALES(Q)
Highest at USD 932.36 MM
OPERATING PROFIT(Q)
Highest at USD 363.12 MM
PRE-TAX PROFIT(Q)
Highest at USD 306.64 MM
NET PROFIT(Q)
Highest at USD 261.41 MM
-3What is not working for the Company
ROCE(HY)
Lowest at 29.28%
DEBTORS TURNOVER RATIO(HY)
Lowest at 4.05 times
Here's what is working for Waters Corp.
Debt-Equity Ratio
Lowest at 32 % and Grown
In each half year in the last five Semi-Annual periodsMOJO Watch
The company has been reducing its borrowing as compared to equity capital
Debt-Equity Ratio
Net Sales
Highest at USD 932.36 MM
in the last five periodsMOJO Watch
Near term sales trend is positive
Net Sales (USD MM)
Operating Profit
Highest at USD 363.12 MM
in the last five periodsMOJO Watch
Near term Operating Profit trend is positive
Operating Profit (USD MM)
Pre-Tax Profit
Highest at USD 306.64 MM
in the last five periodsMOJO Watch
Near term Pre-Tax Profit trend is positive
Pre-Tax Profit (USD MM)
Net Profit
Highest at USD 261.41 MM
in the last five periodsMOJO Watch
Near term Net Profit trend is positive
Net Profit (USD MM)
Inventory Turnover Ratio
Highest at 2.54 times
in the last five Semi-Annual periodsMOJO Watch
Company has been able to sell its inventory faster
Inventory Turnover Ratio
Raw Material Cost
Fallen by -1.89% (YoY)
MOJO Watch
The company's ability to pass on the cost of raw materials to customers has improved; this may lead to a rise in profit margin
Raw Material Cost as a percentage of Sales
Here's what is not working for Waters Corp.
Debtors Turnover Ratio
Lowest at 4.05 times
in the last five Semi-Annual periodsMOJO Watch
Company's pace of selling Debtors has slowed
Debtors Turnover Ratio
InfinHub Market Technologies FZ-LLC, Building-2, Unit 112, Dubai Internet City, Dubai, United Arab Emirates
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