Atkore Inc. (ATKR) vs Hayward Holdings, Inc. (HAYW)

Atkore Inc. and Hayward Holdings, Inc. are both Electrical Equipment & Parts companies. Atkore Inc. is the larger, with a market value of $3.2B against $2.7B — 1.2× the size. Atkore Inc. has negative trailing earnings, so its P/E is not meaningful; Hayward Holdings, Inc. trades at 16.8×. Hayward Holdings, Inc. grew revenue faster over the last twelve months: 7.78% against 1.63%. Hayward Holdings, Inc. has the higher net margin (13.8% vs −5.51%) and the higher return on invested capital (7.43% vs 1.39%). Across the 21 metrics below, Hayward Holdings, Inc. leads on 16 and Atkore Inc. on 5.

Valuation

Metric ATKR HAYW Electrical Equipment & Parts median
P/E n/m 16.84 36.10
P/S 1.09 2.34 2.73
P/B 2.50 1.71 3.57
Price to free cash flow 50.60 13.38 33.31
EV/EBITDA 18.07 10.43 18.07
EV/Sales 1.23 2.75 2.75
Earnings yield (5.12%) 5.94% (5.84%)
Free cash flow yield 1.98% 7.47% 0.00%

Profitability

Metric ATKR HAYW Electrical Equipment & Parts median
Gross margin 19.98% 47.95% 25.38%
Operating margin 1.28% 21.15% 0.00%
Net margin (5.51%) 13.83% 0.00%
Free cash flow margin 2.15% 17.50% 0.00%
Return on equity (11.79%) 10.41% 0.94%
Return on assets (5.71%) 5.25% (1.50%)
Return on invested capital 1.39% 7.43% 0.00%

Growth

Metric ATKR HAYW Electrical Equipment & Parts median
Revenue growth (TTM) 1.63% 7.78% 9.28%
EPS growth (last fiscal year) (103.55%) 25.93% —
Revenue growth, 5-year CAGR 10.06% 5.09% 9.80%
Net income growth, 5-year CAGR 0.00% 28.60% 0.00%

Health

Metric ATKR HAYW Electrical Equipment & Parts median
Debt to equity 0.60 0.60 0.08
Current ratio 2.73 3.33 2.18
Net debt to EBITDA 1.37 1.90 0.26

Dividend

Metric ATKR HAYW Electrical Equipment & Parts median
Dividend yield 0.33% — 0.84%
Payout ratio 0.00 0.00 0.00

Size

Metric ATKR HAYW Electrical Equipment & Parts median
Market cap 3.19b 2.66b 177.98m

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