Market cap
$780 Mln
Revenue (TTM)
$614 Mln
P/E Ratio
21
P/B Ratio
1.7
Div. Yield
1.4 %
Key Ratios and Highlights
| Growth Score (%) | Quarterly | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | QoQ | YoY | 1-Year | 3-Years | 5-Years |
| Revenue | 0.96 | 6.96 | 7.18 | 23.99 | 4.93 |
| EBIT | -6.28 | -10.08 | -4.66 | 60.98 | 57.50 |
| Net Profit | -4.98 | -7.24 | -16.95 | 61.44 | 45.36 |
| EPS | -5.22 | -7.87 | -17.99 | 60.68 | 44.78 |
| Book Value | -- | -- | 12.95 | 11.98 | 4.82 |
| Key Ratios (%) | Average | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | 3-Years | 5-Years | TTM | Sep-23 | Sep-22 |
| EBIT-Margin
| 6.60 | 4.36 | 8.76 | 10.08 | 12.25 |
| Net Margin
| 3.31 | 1.73 | 6.11 | -- | 9.19 |
| Return on equity
| 6.74 | 4.23 | 8.39 | 10.37 | 12.54 |
| Return on Capital
| 5.68 | 3.59 | -- | 8.39 | 11.35 |
| Return on Assets
| 4.12 | 2.58 | 4.93 | 6.27 | 7.65 |
| Debt to Equity (x)
| -- | -- | 0.20 | 0.27 | 0.20 |
Profitability
ROCE
--
--
Earning before interest and taxes / (Average net worth + Average total Debt) * 100
|
Company Name
|
TTM
|
Sep-23
|
Sep-22
|
Sep-21
|
Sep-20
|
|---|---|---|---|---|---|
|
Haynes International (HAYN)
|
--
|
8.39
|
11.35
|
-2.68
|
-2.13
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
ROE
8.39
Lower than Peers by 2.06
Profit after tax / Average Net worth * 100
|
Company Name
|
TTM
|
Sep-23
|
Sep-22
|
Sep-21
|
Sep-20
|
|---|---|---|---|---|---|
|
Haynes International (HAYN)
|
8.39
|
10.37
|
12.54
|
-2.69
|
-2.17
|
|
Peer Median
|
10.45
|
--
|
--
|
--
|
--
|
ROA
4.93
Lower than Peers by 0.19
Profit after tax / Average Total assets * 100
|
Company Name
|
TTM
|
Sep-23
|
Sep-22
|
Sep-21
|
Sep-20
|
|---|---|---|---|---|---|
|
Haynes International (HAYN)
|
4.93
|
6.27
|
7.65
|
-1.57
|
-1.12
|
|
Peer Median
|
5.13
|
--
|
--
|
--
|
--
|
EBIT Margin
8.76
Lower than Peers by 0.18
Operating profit (EBIT) / Net Sales * 100
|
Company Name
|
TTM
|
Sep-23
|
Sep-22
|
Sep-21
|
Sep-20
|
|---|---|---|---|---|---|
|
Haynes International (HAYN)
|
8.76
|
10.08
|
12.25
|
-2.55
|
-1.62
|
|
Peer Median
|
8.94
|
--
|
--
|
--
|
--
|
Net Margin
6.11
Lower than Peers by 0.24
Net profit / Total Income (Net sales plus other income) * 100
|
Company Name
|
TTM
|
Sep-23
|
Sep-22
|
Sep-21
|
Sep-20
|
|---|---|---|---|---|---|
|
Haynes International (HAYN)
|
6.11
|
7.11
|
9.19
|
-2.57
|
-1.70
|
|
Peer Median
|
6.35
|
--
|
--
|
--
|
--
|
Cash Profit Margin
--
--
(Net profit + Depreciation) / Gross Sales * 100
|
Company Name
|
TTM
|
Sep-23
|
Sep-22
|
Sep-21
|
Sep-20
|
|---|---|---|---|---|---|
|
Haynes International (HAYN)
|
--
|
--
|
--
|
--
|
--
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Revenue Growth
7.18
Higher than Peers by 8.80
Year on year growth in net sales
|
Company Name
|
TTM
|
Sep-23
|
Sep-22
|
Sep-21
|
Sep-20
|
|---|---|---|---|---|---|
|
Haynes International (HAYN)
|
7.18
|
0.20
|
0.45
|
-0.11
|
-0.22
|
|
Peer Median
|
-1.62
|
--
|
--
|
--
|
--
|
EBIT Growth
-4.66
Higher than Peers by 4.62
Year on year growth in operating profit (EBIT)
|
Company Name
|
TTM
|
Sep-23
|
Sep-22
|
Sep-21
|
Sep-20
|
|---|---|---|---|---|---|
|
Haynes International (HAYN)
|
-4.66
|
-1.00
|
799.02
|
-39.43
|
-134.80
|
|
Peer Median
|
-9.28
|
--
|
--
|
--
|
--
|
Net Profit Growth
-16.95
Higher than Peers by 4.17
Year on year growth in profit after tax
|
Company Name
|
TTM
|
Sep-23
|
Sep-22
|
Sep-21
|
Sep-20
|
|---|---|---|---|---|---|
|
Haynes International (HAYN)
|
-16.95
|
-6.90
|
619.26
|
-34.04
|
-166.48
|
|
Peer Median
|
-21.12
|
--
|
--
|
--
|
--
|
EPS Growth
-17.99
Lower than Peers by 42.76
Year on year growth in earnings per share
|
Company Name
|
TTM
|
Sep-23
|
Sep-22
|
Sep-21
|
Sep-20
|
|---|---|---|---|---|---|
|
Haynes International (HAYN)
|
-17.99
|
-0.09
|
6.27
|
-0.32
|
-1.67
|
|
Peer Median
|
24.77
|
--
|
--
|
--
|
--
|
Book Value Growth
8.61
Lower than Peers by 0.10
Year on year growth in book value per share
|
Company Name
|
TTM
|
Sep-23
|
Sep-22
|
Sep-21
|
Sep-20
|
|---|---|---|---|---|---|
|
Haynes International (HAYN)
|
8.61
|
--
|
--
|
--
|
--
|
|
Peer Median
|
8.71
|
--
|
--
|
--
|
--
|
Solvency
Debt to Equity
0.20
Lower than Peers by 0.12
Total debt / Net worth
|
Company Name
|
TTM
|
Sep-23
|
Sep-22
|
Sep-21
|
Sep-20
|
|---|---|---|---|---|---|
|
Haynes International (HAYN)
|
0.20
|
0.27
|
0.20
|
0.00
|
0.01
|
|
Peer Median
|
0.32
|
--
|
--
|
--
|
--
|
Short term debt to equity ratio
0.00
--
(Short term borrowings / Net worth)
|
Company Name
|
TTM
|
Sep-23
|
Sep-22
|
Sep-21
|
Sep-20
|
|---|---|---|---|---|---|
|
Haynes International (HAYN)
|
0.00
|
0.00
|
0.00
|
0.00
|
0.00
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Current Ratio
7.74
Higher than Peers by 4.83
Current Assets / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Sep-23
|
Sep-22
|
Sep-21
|
Sep-20
|
|---|---|---|---|---|---|
|
Haynes International (HAYN)
|
7.74
|
7.02
|
5.74
|
4.87
|
9.20
|
|
Peer Median
|
2.91
|
--
|
--
|
--
|
--
|
Quick Ratio
1.89
Higher than Peers by 0.31
(Current Assets - Inventory) / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Sep-23
|
Sep-22
|
Sep-21
|
Sep-20
|
|---|---|---|---|---|---|
|
Haynes International (HAYN)
|
1.89
|
1.63
|
1.32
|
1.52
|
2.76
|
|
Peer Median
|
1.58
|
--
|
--
|
--
|
--
|
Interest Coverage
6.71
Lower than Peers by 1.92
Earning before interest and taxes (EBIT) / Interest Expenses
|
Company Name
|
TTM
|
Sep-23
|
Sep-22
|
Sep-21
|
Sep-20
|
|---|---|---|---|---|---|
|
Haynes International (HAYN)
|
6.71
|
7.83
|
24.22
|
-7.25
|
-4.63
|
|
Peer Median
|
8.62
|
--
|
--
|
--
|
--
|
Operating Efficiency
Debtors to sales
17.51
Higher than Peers by 3.96
Debtors outstanding / Net Sales * 100
|
Company Name
|
TTM
|
Sep-23
|
Sep-22
|
Sep-21
|
Sep-20
|
|---|---|---|---|---|---|
|
Haynes International (HAYN)
|
17.51
|
18.42
|
19.35
|
17.55
|
14.42
|
|
Peer Median
|
13.54
|
--
|
--
|
--
|
--
|
Asset Turnover
0.81
Higher than Peers by 0.01
Sales / Average Total Assets
|
Company Name
|
TTM
|
Sep-23
|
Sep-22
|
Sep-21
|
Sep-20
|
|---|---|---|---|---|---|
|
Haynes International (HAYN)
|
0.81
|
0.88
|
0.83
|
0.61
|
0.66
|
|
Peer Median
|
0.80
|
--
|
--
|
--
|
--
|
Receivable days
--
--
Average Debtors / Sales * 365
|
Company Name
|
TTM
|
Sep-23
|
Sep-22
|
Sep-21
|
Sep-20
|
|---|---|---|---|---|---|
|
Haynes International (HAYN)
|
--
|
63.02
|
57.41
|
61.74
|
64.13
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Inventory Days
--
--
Average Inventory / Sales * 365
|
Company Name
|
TTM
|
Sep-23
|
Sep-22
|
Sep-21
|
Sep-20
|
|---|---|---|---|---|---|
|
Haynes International (HAYN)
|
--
|
293.46
|
288.13
|
303.19
|
274.52
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Payable days
--
--
Average Creditors / Cost of goods sold * 365
|
Company Name
|
TTM
|
Sep-23
|
Sep-22
|
Sep-21
|
Sep-20
|
|---|---|---|---|---|---|
|
Haynes International (HAYN)
|
--
|
40.96
|
48.76
|
39.99
|
28.30
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Cash Conversion Cycle
--
--
Receivable Days + Inventory Days - Payable Days
|
Company Name
|
TTM
|
Sep-23
|
Sep-22
|
Sep-21
|
Sep-20
|
|---|---|---|---|---|---|
|
Haynes International (HAYN)
|
--
|
315.52
|
296.78
|
324.94
|
310.35
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Valuation
Price / Earnings
21.03
Lower than Peers by 0.83
Current share price divided by earning per share in the last twelve months
|
Company Name
|
TTM
|
Sep-23
|
Sep-22
|
Sep-21
|
Sep-20
|
|---|---|---|---|---|---|
|
Haynes International (HAYN)
|
21.03
|
14.18
|
9.73
|
-54.40
|
-32.91
|
|
Peer Median
|
21.86
|
--
|
--
|
--
|
--
|
Price / Book Value
1.72
Lower than Peers by 0.83
Current share price divided by book value per share in the latest financial year
|
Company Name
|
TTM
|
Sep-23
|
Sep-22
|
Sep-21
|
Sep-20
|
|---|---|---|---|---|---|
|
Haynes International (HAYN)
|
1.72
|
1.37
|
1.17
|
1.38
|
0.71
|
|
Peer Median
|
2.56
|
--
|
--
|
--
|
--
|
Dividend Yield
1.44
Higher than Peers by 0.60
Dividend per share in the past twelve months divided by current share price
|
Company Name
|
TTM
|
Sep-23
|
Sep-22
|
Sep-21
|
Sep-20
|
|---|---|---|---|---|---|
|
Haynes International (HAYN)
|
1.44
|
--
|
--
|
--
|
--
|
|
Peer Median
|
0.84
|
--
|
--
|
--
|
--
|
EV/EBITDA
12.00
--
Enterprise Value (Current Market Capitalisation + Total Debt - Cash & Equivalents) / Earnings before interest, taxes, depreciation and taxes (EBITDA)
|
Company Name
|
TTM
|
Sep-23
|
Sep-22
|
Sep-21
|
Sep-20
|
|---|---|---|---|---|---|
|
Haynes International (HAYN)
|
12.00
|
8.97
|
6.39
|
38.77
|
12.43
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Market Cap
780
Higher than Peers by 55
Current Share price multiplied by latest total number of shares outstanding
|
Company Name
|
TTM
|
Sep-23
|
Sep-22
|
Sep-21
|
Sep-20
|
|---|---|---|---|---|---|
|
Haynes International (HAYN)
|
780
|
--
|
--
|
--
|
--
|
|
Peer Median
|
724
|
--
|
--
|
--
|
--
|