Embraer-Empresa Brasileira de Aeronautica (EMBJ) vs Woodward, Inc. (WWD)

Embraer-Empresa Brasileira de Aeronautica and Woodward, Inc. are both Aerospace & Defense companies. Woodward, Inc. is the larger, with a market value of $19.2B against $13.6B — 1.4× the size. Embraer-Empresa Brasileira de Aeronautica trades at the lower P/E: 31.8× against 35.7×. Woodward, Inc. grew revenue faster over the last twelve months: 22.4% against 20.4%. Woodward, Inc. has the higher net margin (13.2% vs 5.35%) and the higher return on invested capital (12.3% vs 11.8%). Both pay a dividend; Woodward, Inc. yields more (0.69% vs 0.18%). Across the 23 metrics below, Woodward, Inc. leads on 13 and Embraer-Empresa Brasileira de Aeronautica on 10.

Valuation

Metric EMBJ WWD Aerospace & Defense median
P/E 31.83 35.71 33.00
P/S 1.69 4.68 3.63
P/B 3.67 7.94 3.24
Price to free cash flow 20.06 52.15 34.01
EV/EBITDA 14.11 26.42 18.69
EV/Sales 1.71 4.89 3.94
Earnings yield 3.14% 2.80% 1.31%
Free cash flow yield 4.99% 1.92% 0.00%

Profitability

Metric EMBJ WWD Aerospace & Defense median
Gross margin 17.89% 29.47% 25.48%
Operating margin 8.93% 15.64% 4.54%
Net margin 5.35% 13.17% 2.22%
Free cash flow margin 8.41% 8.98% 0.00%
Return on equity 11.99% 22.34% 6.43%
Return on assets 3.52% 11.14% 2.70%
Return on invested capital 11.76% 12.27% 1.56%

Growth

Metric EMBJ WWD Aerospace & Defense median
Revenue growth (TTM) 20.38% 22.35% 18.43%
EPS growth (last fiscal year) 0.00% 19.63% —
Revenue growth, 5-year CAGR 14.98% 7.41% 9.62%
Net income growth, 5-year CAGR 0.00% 12.96% 0.00%

Health

Metric EMBJ WWD Aerospace & Defense median
Debt to equity 0.61 0.54 0.24
Current ratio 1.44 1.65 2.72
Net debt to EBITDA (0.17) 0.63 1.12

Dividend

Metric EMBJ WWD Aerospace & Defense median
Dividend yield 0.18% 0.69% 1.04%
Payout ratio 0.00 0.25 0.00

Size

Metric EMBJ WWD Aerospace & Defense median
Market cap 13.60b 19.24b 2.52b

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