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GuruFocus Financial Strength Rank measures how strong a company’s financial situation is. It is based on these factors

1. The debt burden that the company has as measured by its Interest coverage (current year).
2. Debt to revenue ratio. The lower, the better
3. Altman Z-score.

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

Financial Strength : 8/10

vs
industry
vs
history
Cash to Debt 105.64
HAYN's Cash to Debt is ranked higher than
85% of the 1900 Companies
in the Global Metal Fabrication industry.

( Industry Median: 1.36 vs. HAYN: 105.64 )
HAYN' s 10-Year Cash to Debt Range
Min: 0   Max: No Debt
Current: 105.64

Equity to Asset 0.59
HAYN's Equity to Asset is ranked higher than
68% of the 1912 Companies
in the Global Metal Fabrication industry.

( Industry Median: 0.53 vs. HAYN: 0.59 )
HAYN' s 10-Year Equity to Asset Range
Min: -0.94   Max: 0.65
Current: 0.59

-0.94
0.65
Interest Coverage 443.83
HAYN's Interest Coverage is ranked higher than
80% of the 1267 Companies
in the Global Metal Fabrication industry.

( Industry Median: 24.23 vs. HAYN: 443.83 )
HAYN' s 10-Year Interest Coverage Range
Min: 0.02   Max: 9999.99
Current: 443.83

0.02
9999.99
F-Score: 5
Z-Score: 3.47
M-Score: -2.73
GuruFocus Profitability Rank ranks how profitable a company is and how likely the company’s business will stay that way. It is based on these factors:

1. Operating Margin
2. Trend of the Operating Margin (5-year average). The company with an uptrend profit margin has a higher rank.
••3. Consistency of the profitability
4. Piotroski F-Score
5. Predictability Rank•

The maximum rank is 10. A rank of 7 or higher means a higher profitability and may stay that way. A rank of 3 or lower indicates that the company has had trouble to make a profit.

Profitability Rank is not directly related to the Financial Strength Rank. But if a company is consistently profitable, its financial strength will be stronger.

Profitability & Growth : 7/10

vs
industry
vs
history
Operating margin (%) 6.62
HAYN's Operating margin (%) is ranked higher than
71% of the 1893 Companies
in the Global Metal Fabrication industry.

( Industry Median: 5.96 vs. HAYN: 6.62 )
HAYN' s 10-Year Operating margin (%) Range
Min: -13.81   Max: 19.39
Current: 6.62

-13.81
19.39
Net-margin (%) 4.47
HAYN's Net-margin (%) is ranked higher than
69% of the 1893 Companies
in the Global Metal Fabrication industry.

( Industry Median: 4.16 vs. HAYN: 4.47 )
HAYN' s 10-Year Net-margin (%) Range
Min: -35.37   Max: 71.56
Current: 4.47

-35.37
71.56
ROE (%) 6.06
HAYN's ROE (%) is ranked higher than
67% of the 1879 Companies
in the Global Metal Fabrication industry.

( Industry Median: 6.49 vs. HAYN: 6.06 )
HAYN' s 10-Year ROE (%) Range
Min: -18.77   Max: 144.57
Current: 6.06

-18.77
144.57
ROA (%) 3.61
HAYN's ROA (%) is ranked higher than
69% of the 1895 Companies
in the Global Metal Fabrication industry.

( Industry Median: 3.40 vs. HAYN: 3.61 )
HAYN' s 10-Year ROA (%) Range
Min: -32.49   Max: 46.32
Current: 3.61

-32.49
46.32
ROC (Joel Greenblatt) (%) 7.40
HAYN's ROC (Joel Greenblatt) (%) is ranked higher than
59% of the 1891 Companies
in the Global Metal Fabrication industry.

( Industry Median: 12.77 vs. HAYN: 7.40 )
HAYN' s 10-Year ROC (Joel Greenblatt) (%) Range
Min: -19.68   Max: 55.49
Current: 7.4

-19.68
55.49
Revenue Growth (%) 7.80
HAYN's Revenue Growth (%) is ranked higher than
74% of the 1521 Companies
in the Global Metal Fabrication industry.

( Industry Median: 5.30 vs. HAYN: 7.80 )
HAYN' s 10-Year Revenue Growth (%) Range
Min: 0   Max: 28.8
Current: 7.8

0
28.8
EBITDA Growth (%) 18.40
HAYN's EBITDA Growth (%) is ranked higher than
85% of the 1257 Companies
in the Global Metal Fabrication industry.

( Industry Median: 5.40 vs. HAYN: 18.40 )
HAYN' s 10-Year EBITDA Growth (%) Range
Min: 0   Max: 273.6
Current: 18.4

0
273.6
EPS Growth (%) 34.10
HAYN's EPS Growth (%) is ranked higher than
89% of the 1139 Companies
in the Global Metal Fabrication industry.

( Industry Median: 6.20 vs. HAYN: 34.10 )
HAYN' s 10-Year EPS Growth (%) Range
Min: 0   Max: 34.1
Current: 34.1

0
34.1
» HAYN's 10-Y Financials

Financials


Revenue & Net Income
Cash & Debt
Oprt. Cash Flow & Free Cash Flow

» Details

Guru Trades

Q1 2013

HAYN Guru Trades in Q1 2013

Joel Greenblatt 18,818 sh (New)
Mario Gabelli 87,810 sh (+9.75%)
Chuck Royce 872,744 sh (+3.84%)
Jim Simons Sold Out
Scott Black Sold Out
» More
Q2 2013

HAYN Guru Trades in Q2 2013

Mario Gabelli 96,429 sh (+9.82%)
Chuck Royce 911,781 sh (+4.47%)
Joel Greenblatt 15,768 sh (-16.21%)
» More
Q3 2013

HAYN Guru Trades in Q3 2013

Chuck Royce 1,210,172 sh (+32.73%)
Mario Gabelli 105,329 sh (+9.23%)
Joel Greenblatt Sold Out
» More
Q4 2013

HAYN Guru Trades in Q4 2013

Chuck Royce 1,234,972 sh (+2.05%)
Mario Gabelli 106,200 sh (+0.83%)
» More
» Details

Insider Trades

Latest Guru Trades with HAYN

GuruDate Trades Impact to Portfolio Price Range * (?) Current Price Change from Average Current Shares
Joel Greenblatt 2013-09-30 Sold Out 0.03%$44.23 - $49.47 $ 53.2914%0
Scott Black 2013-03-31 Sold Out 0.16%$50 - $55.94 $ 53.291%0
Joel Greenblatt 2013-03-31 New Buy0.05%$50 - $55.94 $ 53.291%18818
Scott Black 2012-09-30 New Buy0.17%$45.77 - $57.57 $ 53.296%22020
Mario Gabelli 2012-09-30 Add 105.66%0.01%$45.77 - $57.57 $ 53.296%76300
John Keeley 2012-06-30 Sold Out 0.33%$46.07 - $64.17 $ 53.29-5%0
Mario Gabelli 2012-06-30 New Buy0.01%$46.07 - $64.17 $ 53.29-5%37100
John Keeley 2012-03-31 Reduce -31.51%0.14%$56.16 - $65.47 $ 53.29-8%256000
John Keeley 2011-12-31 Reduce -23.4%0.11%$39.9 - $63.67 $ 53.29-4%373800
Premium More recent guru trades are included for Premium Members only!!
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Top Ranked Articles about Haynes International, Inc.

Chuck Royce Increases Stake in 3 Companies
Chuck Royce is the president, director of investments and portfolio manager at Royce Funds, a $38 billion small-cap investment firm. Royce said in an interview recently that he believes the small-cap index appears undervalued, though he still finds undervalued situations among the thousands of small and medium-sized businesses he has to choose from. Read more...

Ratios

vs
industry
vs
history
P/E(ttm) 54.20
HAYN's P/E(ttm) is ranked lower than
66% of the 1566 Companies
in the Global Metal Fabrication industry.

( Industry Median: 20.10 vs. HAYN: 54.20 )
HAYN' s 10-Year P/E(ttm) Range
Min: 3.04   Max: 1145.67
Current: 54.2

3.04
1145.67
P/B 1.80
HAYN's P/B is ranked higher than
55% of the 1848 Companies
in the Global Metal Fabrication industry.

( Industry Median: 1.55 vs. HAYN: 1.80 )
HAYN' s 10-Year P/B Range
Min: 0.4   Max: 3.92
Current: 1.8

0.4
3.92
P/S 1.40
HAYN's P/S is ranked lower than
58% of the 1931 Companies
in the Global Metal Fabrication industry.

( Industry Median: 0.94 vs. HAYN: 1.40 )
HAYN' s 10-Year P/S Range
Min: 0.23   Max: 2.74
Current: 1.4

0.23
2.74
PFCF 25.00
HAYN's PFCF is ranked higher than
51% of the 1029 Companies
in the Global Metal Fabrication industry.

( Industry Median: 18.91 vs. HAYN: 25.00 )
HAYN' s 10-Year PFCF Range
Min: 2.4   Max: 446.67
Current: 25

2.4
446.67
EV-to-EBIT 30.30
HAYN's EV-to-EBIT is ranked lower than
65% of the 1645 Companies
in the Global Metal Fabrication industry.

( Industry Median: 14.87 vs. HAYN: 30.30 )
HAYN' s 10-Year EV-to-EBIT Range
Min: 1.9   Max: 3273.1
Current: 30.3

1.9
3273.1
Shiller P/E 36.90
HAYN's Shiller P/E is ranked lower than
55% of the 813 Companies
in the Global Metal Fabrication industry.

( Industry Median: 22.80 vs. HAYN: 36.90 )
HAYN' s 10-Year Shiller P/E Range
Min: 3.92   Max: 68.42
Current: 36.9

3.92
68.42

Dividend & Buy Back

vs
industry
vs
history
Dividend Yield 1.70
HAYN's Dividend Yield is ranked higher than
54% of the 1414 Companies
in the Global Metal Fabrication industry.

( Industry Median: 1.60 vs. HAYN: 1.70 )
HAYN' s 10-Year Dividend Yield Range
Min: 0.57   Max: 2.66
Current: 1.7

0.57
2.66
Dividend Payout 0.88
HAYN's Dividend Payout is ranked lower than
68% of the 1151 Companies
in the Global Metal Fabrication industry.

( Industry Median: 0.31 vs. HAYN: 0.88 )
HAYN' s 10-Year Dividend Payout Range
Min: 0.18   Max: 2.5
Current: 0.88

0.18
2.5
Dividend growth (3y) 3.20
HAYN's Dividend growth (3y) is ranked higher than
70% of the 730 Companies
in the Global Metal Fabrication industry.

( Industry Median: 6.30 vs. HAYN: 3.20 )
HAYN' s 10-Year Dividend growth (3y) Range
Min: 0   Max: 3.2
Current: 3.2

0
3.2
Yield on cost (5-Year) 1.70
HAYN's Yield on cost (5-Year) is ranked higher than
50% of the 1454 Companies
in the Global Metal Fabrication industry.

( Industry Median: 1.76 vs. HAYN: 1.70 )
HAYN' s 10-Year Yield on cost (5-Year) Range
Min: 0.57   Max: 2.66
Current: 1.7

0.57
2.66
Share Buyback Rate -0.30
HAYN's Share Buyback Rate is ranked higher than
77% of the 1184 Companies
in the Global Metal Fabrication industry.

( Industry Median: -0.70 vs. HAYN: -0.30 )
HAYN' s 10-Year Share Buyback Rate Range
Min: 0   Max: -6.3
Current: -0.3

Valuation & Return

vs
industry
vs
history
Price/Tangible Book 1.90
HAYN's Price/Tangible Book is ranked higher than
57% of the 1700 Companies
in the Global Metal Fabrication industry.

( Industry Median: 1.80 vs. HAYN: 1.90 )
HAYN' s 10-Year Price/Tangible Book Range
Min: 0.65   Max: 4.67
Current: 1.9

0.65
4.67
Price/DCF (Projected) 1.30
HAYN's Price/DCF (Projected) is ranked higher than
67% of the 801 Companies
in the Global Metal Fabrication industry.

( Industry Median: 1.30 vs. HAYN: 1.30 )
HAYN' s 10-Year Price/DCF (Projected) Range
Min: 0.85   Max: 32.14
Current: 1.3

0.85
32.14
Price/Median PS Value 1.30
HAYN's Price/Median PS Value is ranked higher than
62% of the 1775 Companies
in the Global Metal Fabrication industry.

( Industry Median: 1.10 vs. HAYN: 1.30 )
HAYN' s 10-Year Price/Median PS Value Range
Min: 0.33   Max: 2.03
Current: 1.3

0.33
2.03
Price/Graham Number 2.10
HAYN's Price/Graham Number is ranked lower than
54% of the 1423 Companies
in the Global Metal Fabrication industry.

( Industry Median: 1.30 vs. HAYN: 2.10 )
HAYN' s 10-Year Price/Graham Number Range
Min: 0.38   Max: 7.61
Current: 2.1

0.38
7.61
Earnings Yield (Greenblatt) 3.30
HAYN's Earnings Yield (Greenblatt) is ranked lower than
58% of the 1744 Companies
in the Global Metal Fabrication industry.

( Industry Median: 6.70 vs. HAYN: 3.30 )
HAYN' s 10-Year Earnings Yield (Greenblatt) Range
Min: 0.5   Max: 52.1
Current: 3.3

0.5
52.1
Forward Rate of Return (Yacktman) 0.21
HAYN's Forward Rate of Return (Yacktman) is ranked higher than
65% of the 1136 Companies
in the Global Metal Fabrication industry.

( Industry Median: 4.73 vs. HAYN: 0.21 )
HAYN' s 10-Year Forward Rate of Return (Yacktman) Range
Min: -4   Max: 1.1
Current: 0.21

-4
1.1

Business Description

Industry: Industrial Products » Metal Fabrication
Compare:RS, STBWY, AZZ, MLI, WOR » details
Traded in other countries:HYVN.Germany
Haynes International, Inc. was incorporated as a stand-alone Corporation in Delaware in 1987. The Company is the producers of high-performance nickel- and cobalt-based alloys in sheet, coil and plate forms. The Company is focused on developing, manufacturing, marketing and distributing technologically advanced, high-performance alloys, which are sold primarily in the aerospace, chemical processing and land-based gas turbine industries. The Company's products consist of high temperature resistant alloys, or HTA products, and corrosion resistant alloys, or CRA products. HTA products are used by manufacturers of equipment that is subjected to extremely high temperatures, such as jet engines for the aerospace market, gas turbine engines used for power generation and waste incineration, and industrial heating equipment. CRA products are used in applications that require resistance to very corrosive media found in chemical processing, power plant emissions control and hazardous waste treatment. The Company has manufacturing facilities in Kokomo, Indiana; Arcadia, Louisiana; and Mountain Home, North Carolina. The Company's goal is to grow its business and increase revenues and profitability while continuing to be its customers' provider of choice for high-performance alloys. The Company pursues this goal by taking advantage of its diverse product offerings and service capabilities to penetrate end markets, and lowering costs through strategic investment in manufacturing facilities. The global specialty alloy market consists of three primary sectors: stainless steel, general purpose nickel alloys and high-performance nickel- and cobalt-based alloys. The Company currently maintains a total of approximately 14 U.S. patents and applications and approximately 169 foreign counterpart patents and applications targeted at countries with significant or potential markets for the patented products and continues to develop, manufacture and test high-performance nickel- and cobalt-based alloys. The Company's primary competitors in flat rolled products include Special Metals Corporation, a subsidiary of Precision Cast Parts, Allegheny Technologies, Inc. and Krupp VDM GmbH, a subsidiary of Thyssen Krupp Stainless. The Company faces strong competition from domestic and foreign manufacturers of both high-performance alloys (similar to those the Company produces) and other competing metals. The Company's facilities and operations are subject to various foreign, federal, state and local laws and regulations.

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