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53.98 (1y: +42%)
Market Cap 5.17 B P/E(ttm) 19.80
Enterprise Value 5.36 B P/B 4.00
WAB- NYSE (USA)
Westinghouse Air Brake Technologies Corp
  • Currently 5/5
Business Predictability Rank: 5-Star
Back Testing Results:
Average gain of all 5-Star stocks: 12.1% per year.
% of Stocks that are in still loss if held for 10yrs: 3%.
Read more:
What is Predictability Rank?
Performances of real portfolio
Top Ranked Predictable Companies
$53.98
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GuruFocus Financial Strength Rank measures how strong a companyย’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 : 7/10

vs
industry		 vs
history
Cash to Debt 0.679
WAB's Cash to Debt is ranked higher than
76% of the 952 Companies
in the Global Railroads industry.

( Industry Median: 0.28 vs. WAB: 0.679 )
WAB' s 10-Year Cash to Debt Range
Min: 0.01   Max: 1.56
Current: 0.68
0.01
1.56
Equity to Asset 0.543
WAB's Equity to Asset is ranked higher than
71% of the 952 Companies
in the Global Railroads industry.

( Industry Median: 0.45 vs. WAB: 0.543 )
WAB' s 10-Year Equity to Asset Range
Min: 0.18   Max: 0.54
Current: 0.54
0.18
0.54
Interest Coverage 27.5
WAB's Interest Coverage is ranked higher than
86% of the 952 Companies
in the Global Railroads industry.

( Industry Median: 2.90 vs. WAB: 27.5 )
WAB' s 10-Year Interest Coverage Range
Min: 2   Max: 82
Current: 27.5
2
82
F-Score: 7
Z-Score: 5.14
M-Score: -2.48
GuruFocus Profitability Rank ranks how profitable a company is and how likely the companyย’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.
ย•ย•3. Consistency of the profitability
4. Piotroski F-Score
5. Predictability Rankย•

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 : 9/10

vs
industry		 vs
history
Operating margin (%) 16.40
WAB's Operating margin (%) is ranked higher than
85% of the 952 Companies
in the Global Railroads industry.

( Industry Median: 5.00 vs. WAB: 16.40 )
WAB' s 10-Year Operating margin (%) Range
Min: 6.7   Max: 16.4
Current: 16.4
6.7
16.4
Net-margin (%) 10.5
WAB's Net-margin (%) is ranked higher than
85% of the 952 Companies
in the Global Railroads industry.

( Industry Median: 3.10 vs. WAB: 10.5 )
WAB' s 10-Year Net-margin (%) Range
Min: -6.5   Max: 10.5
Current: 10.5
-6.5
10.5
ROE (%) 19.7
WAB's ROE (%) is ranked higher than
94% of the 952 Companies
in the Global Railroads industry.

( Industry Median: 4.20 vs. WAB: 19.7 )
WAB' s 10-Year ROE (%) Range
Min: -22.8   Max: 25.2
Current: 19.7
-22.8
25.2
ROA (%) 10.7
WAB's ROA (%) is ranked higher than
95% of the 952 Companies
in the Global Railroads industry.

( Industry Median: 2.30 vs. WAB: 10.7 )
WAB' s 10-Year ROA (%) Range
Min: -7.7   Max: 10.7
Current: 10.7
-7.7
10.7
ROC (Joel Greenblatt) (%) 69.00
WAB's ROC (Joel Greenblatt) (%) is ranked higher than
97% of the 952 Companies
in the Global Railroads industry.

( Industry Median: 6.90 vs. WAB: 69.00 )
WAB' s 10-Year ROC (Joel Greenblatt) (%) Range
Min: 19.8   Max: 69
Current: 69
19.8
69
Revenue Growth (%) 14.1
WAB's Revenue Growth (%) is ranked higher than
94% of the 952 Companies
in the Global Railroads industry.

( Industry Median: 0.00 vs. WAB: 14.1 )
WAB' s 10-Year Revenue Growth (%) Range
Min: -10.9   Max: 14.1
Current: 14.1
-10.9
14.1
EBITDA Growth (%) 19
WAB's EBITDA Growth (%) is ranked higher than
95% of the 952 Companies
in the Global Railroads industry.

( Industry Median: 0.00 vs. WAB: 19 )
WAB' s 10-Year EBITDA Growth (%) Range
Min: -22.2   Max: 24.4
Current: 19
-22.2
24.4
EPS Growth (%) 21.4
WAB's EPS Growth (%) is ranked higher than
94% of the 952 Companies
in the Global Railroads industry.

( Industry Median: 0.00 vs. WAB: 21.4 )
WAB' s 10-Year EPS Growth (%) Range
Min: -16.1   Max: 35.1
Current: 21.4
-16.1
35.1
ยป WAB's 10-Y Financials

Financials


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

» Details

Guru Trades
Q2 2012

WAB Guru Trades in Q2 2012

Steven Cohen 101,991 sh (+529.07%)
Jim Simons 121,800 sh (+69.87%)
First Pacific Advisors 2,000 sh (unchged)
Columbia Wanger 622,000 sh (unchged)
Ron Baron Sold Out
Chuck Royce 1,766,387 sh (-1.4%)
John Keeley 703,770 sh (-13.85%)
Joel Greenblatt 24,392 sh (-14.85%)
Paul Tudor Jones 3,400 sh (-61.36%)
» More
Q3 2012

WAB Guru Trades in Q3 2012

Paul Tudor Jones 6,100 sh (+79.41%)
Columbia Wanger 622,000 sh (unchged)
First Pacific Advisors 2,000 sh (unchged)
Jim Simons Sold Out
John Keeley 666,860 sh (-5.24%)
Chuck Royce 1,552,307 sh (-12.12%)
Joel Greenblatt 13,281 sh (-45.55%)
Steven Cohen 36,468 sh (-64.24%)
» More
Q4 2012

WAB Guru Trades in Q4 2012

Joel Greenblatt 25,081 sh (+88.85%)
Chuck Royce 1,607,479 sh (+3.55%)
Columbia Wanger 642,000 sh (+3.22%)
First Pacific Advisors 2,000 sh (unchged)
Paul Tudor Jones Sold Out
John Keeley 592,355 sh (-11.17%)
Steven Cohen 2,888 sh (-92.08%)
» More
Q1 2013

WAB Guru Trades in Q1 2013

Paul Tudor Jones 4,500 sh (New)
Jim Simons 107,600 sh (New)
Steven Cohen 9,613 sh (+232.86%)
Columbia Wanger 642,000 sh (unchged)
First Pacific Advisors 1,900 sh (-5%)
John Keeley 545,858 sh (-7.85%)
Chuck Royce 1,351,119 sh (-15.95%)
Joel Greenblatt 2,205 sh (-91.21%)
» More
» Details

Insider Trades

Latest Guru Trades with WAB

GuruDate Trades Impact to Portfolio Price Range * (?) Current Price Change from Average Current Shares
Joel Greenblatt 2013-03-31 Reduce -91.21%0.12%$43.77 - $51.06 $ 53.9813%2205
Joel Greenblatt 2012-12-31 Add 88.85%0.06%$39.81 - $44.35 $ 53.9828%25081
Joel Greenblatt 2012-09-30 Reduce -45.55%0.06%$37.14 - $41.44 $ 53.9837%13281
Ron Baron 2012-06-30 Sold Out 0.14%$34.59 - $40.57 $ 53.9845%0
Joel Greenblatt 2012-03-31 Add 183.61%0.12%$34.4 - $39 $ 53.9858%28647
Ron Baron 2012-03-31 Reduce -33.33%0.07%$34.4 - $39 $ 53.9858%300000
Ray Dalio 2011-12-31 Sold Out 0.11%$25.08 - $35 $ 53.9867%0
Joel Greenblatt 2011-12-31 Reduce -27.46%0.03%$25.08 - $35 $ 53.9867%10101
Joel Greenblatt 2011-09-30 New Buy0.12%$25.92 - $34.41 $ 53.9879%13924
Ron Baron 2011-03-31 Reduce -43.75%0.13%$25.73 - $33.61 $ 53.9893%450000
Premium More recent guru trades are included for Premium Members only!!
ยป Financial Charts

Peter Lynch Chart

Ratios

vs
industry		 vs
history
P/E(ttm) 19.80
WAB's P/E(ttm) is ranked higher than
55% of the 688 Companies
in the Global Railroads industry.

( Industry Median: 15.60 vs. WAB: 19.80 )
WAB' s 10-Year P/E(ttm) Range
Min: 8.38   Max: 38.78
Current: 19.8
8.38
38.78
P/B 4.00
WAB's P/B is ranked lower than
64% of the 840 Companies
in the Global Railroads industry.

( Industry Median: 0.98 vs. WAB: 4.00 )
WAB' s 10-Year P/B Range
Min: 1.76   Max: 4.51
Current: 4
1.76
4.51
P/S 2.15
WAB's P/S is ranked lower than
53% of the 887 Companies
in the Global Railroads industry.

( Industry Median: 0.76 vs. WAB: 2.15 )
WAB' s 10-Year P/S Range
Min: 0.35   Max: 2.23
Current: 2.15
0.35
2.23
PFCF 22.20
WAB's PFCF is ranked higher than
57% of the 590 Companies
in the Global Railroads industry.

( Industry Median: 15.99 vs. WAB: 22.20 )
WAB' s 10-Year PFCF Range
Min: 4.62   Max: 119.58
Current: 22.2
4.62
119.58
EV-to-EBIT 13.5
WAB's EV-to-EBIT is ranked higher than
66% of the 719 Companies
in the Global Railroads industry.

( Industry Median: 13.47 vs. WAB: 13.5 )
WAB' s 10-Year EV-to-EBIT Range
Min: 5.7   Max: 33.6
Current: 13.5
5.7
33.6
PEG 1.2
WAB's PEG is ranked higher than
71% of the 304 Companies
in the Global Railroads industry.

( Industry Median: 1.59 vs. WAB: 1.2 )
WAB' s 10-Year PEG Range
Min: 0.33   Max: 7.06
Current: 1.2
0.33
7.06
Shiller P/E 31.9
WAB's Shiller P/E is ranked lower than
100% of the Companies
in the Global Railroads industry.

( Industry Median: vs. WAB: 31.9 )
WAB' s 10-Year Shiller P/E Range
Min: 7.56   Max: 44.38
Current: 31.9
7.56
44.38

Dividend & Buy Back

vs
industry		 vs
history
Dividend Yield 0.19
WAB's Dividend Yield is ranked lower than
68% of the 952 Companies
in the Global Railroads industry.

( Industry Median: 1.50 vs. WAB: 0.19 )
WAB' s 10-Year Dividend Yield Range
Min: 0.06   Max: 0.48
Current: 0.19
0.06
0.48
Dividend Payout 0.0332
WAB's Dividend Payout is ranked higher than
99% of the 521 Companies
in the Global Railroads industry.

( Industry Median: 0.30 vs. WAB: 0.0332 )
WAB' s 10-Year Dividend Payout Range
Min: 0.02   Max: 0.08
Current: 0.03
0.02
0.08
Dividend growth (3y) 41.4
WAB's Dividend growth (3y) is ranked higher than
99% of the 952 Companies
in the Global Railroads industry.

( Industry Median: 0.00 vs. WAB: 41.4 )
WAB' s 10-Year Dividend growth (3y) Range
Min: 0   Max: 41.4
Current: 41.4
0
41.4
Yield on cost (5-Year) 1.13
WAB's Yield on cost (5-Year) is ranked lower than
51% of the 952 Companies
in the Global Railroads industry.

( Industry Median: 1.22 vs. WAB: 1.13 )
WAB' s 10-Year Yield on cost (5-Year) Range
Min: 0.34   Max: 2.71
Current: 1.13
0.34
2.71
Share Buyback Rate -0.2
WAB's Share Buyback Rate is ranked higher than
56% of the 952 Companies
in the Global Railroads industry.

( Industry Median: 0.00 vs. WAB: -0.2 )
WAB' s 10-Year Share Buyback Rate Range
Min: 0.6   Max: -2.8
Current: -0.2

Valuation & Return

vs
industry		 vs
history
Price/Net Current Asset Value 10.6
WAB's Price/Net Current Asset Value is ranked higher than
68% of the 556 Companies
in the Global Railroads industry.

( Industry Median: 14.20 vs. WAB: 10.6 )
WAB' s 10-Year Price/Net Current Asset Value Range
Min: 2.1   Max: 8.7
Current: 10.6
2.1
8.7
Price/Tangible Book 17
WAB's Price/Tangible Book is ranked lower than
66% of the 771 Companies
in the Global Railroads industry.

( Industry Median: 1.00 vs. WAB: 17 )
WAB' s 10-Year Price/Tangible Book Range
Min: 5.2   Max: 307.5
Current: 17
5.2
307.5
Price/DCF (Projected) 1.5
WAB's Price/DCF (Projected) is ranked higher than
69% of the 285 Companies
in the Global Railroads industry.

( Industry Median: 1.40 vs. WAB: 1.5 )
WAB' s 10-Year Price/DCF (Projected) Range
Min: 0.9   Max: 1.7
Current: 1.5
0.9
1.7
Price/Median PS Value 1.7
WAB's Price/Median PS Value is ranked higher than
80% of the 805 Companies
in the Global Railroads industry.

( Industry Median: 1.00 vs. WAB: 1.7 )
WAB' s 10-Year Price/Median PS Value Range
Min: 0.4   Max: 1.4
Current: 1.7
0.4
1.4
Price/Peter Lynch Fair Value 1.3
WAB's Price/Peter Lynch Fair Value is ranked higher than
58% of the 151 Companies
in the Global Railroads industry.

( Industry Median: 1.20 vs. WAB: 1.3 )
WAB' s 10-Year Price/Peter Lynch Fair Value Range
Min: 0.6   Max: 2.1
Current: 1.3
0.6
2.1
Price/Graham Number 4
WAB's Price/Graham Number is ranked lower than
65% of the 603 Companies
in the Global Railroads industry.

( Industry Median: 1.00 vs. WAB: 4 )
WAB' s 10-Year Price/Graham Number Range
Min: 1.9   Max: 20.5
Current: 4
1.9
20.5
Earnings Yield (Greenblatt) 7.40
WAB's Earnings Yield (Greenblatt) is ranked higher than
75% of the 952 Companies
in the Global Railroads industry.

( Industry Median: 5.00 vs. WAB: 7.40 )
WAB' s 10-Year Earnings Yield (Greenblatt) Range
Min: 3   Max: 17.6
Current: 7.4
3
17.6
Forward Rate of Return (Yacktman) 18.24
WAB's Forward Rate of Return (Yacktman) is ranked higher than
96% of the 952 Companies
in the Global Railroads industry.

( Industry Median: 0.00 vs. WAB: 18.24 )
WAB' s 10-Year Forward Rate of Return (Yacktman) Range
Min: -27.9   Max: 34.3
Current: 18.24
-27.9
34.3

Business Description

Westinghouse Air Brake Technologies Corp. is a provider of value-added, technology-based products and services for the global rail industry. Its products are found on virtually all U.S. locomotives, freight cars and passenger transit vehicles, as well as in more than 100 countries throughout the world. The Company's products enhance safety, improve productivity and reduce maintenance costs for customers, and many of its core products and services are essential in the safe and efficient operation of freight rail and passenger transit vehicles. The Company provides its products and services through two main business segments, the Freight Group and the Transit Group, both of which have different market characteristics and business drivers. The Freight Group mainly manufactures and services components for new and existing freight cars and locomotives, builds new switcher locomotives and rebuilds freight locomotives. Customers include large, publicly traded railroads, leasing companies and manufacturers of original equipment such as locomotives and freight cars around the world. The Transit Group mainly manufactures and services components for new and existing passenger transit vehicles, typically subway cars and buses, builds new commuter locomotives and refurbishes subway cars. Customers include public transit authorities and municipalities, leasing companies and manufacturers of subway cars and buses around the world. The Company currently owns over 1,250 active patents worldwide and over 500 U.S. patents. Its customers include railroads throughout North America, as well as in the United Kingdom, Australia, Europe, Asia and South Africa; manufacturers of transportation equipment, such as locomotives, freight cars, subway vehicles and buses; lessors of such equipment; and passenger transit authorities, mainly those in North America. It operates in a competitive marketplace and face competition from a limited number of established competitors in the United States and abroad, some of which might have greater financial resources than it does. Its main competitors vary to some extent across product lines, but most competitors tend to be privately held companies. Within North America, New York Air Brake Company, a subsidiary of the German air brake producer Knorr-Bremse AG, is its main overall OEM competitor. Its competition for locomotive, freight and passenger transit service and repair is mainly from the railroads' and passenger transit authorities' in-house operations, Electro-Motive Diesel, GE Transportation Systems, and New York Air Brake/Knorr. The Company is subject to a number of environmental laws and regulations governing discharges to air and water, the handling, storage and disposal of hazardous or solid waste materials and the remediation of contamination associated with releases of hazardous substances.
Company Website
SEC Reports
Industry: Railroads
Compare:TRN, UNP, EJPRY, CSX, MTRJY
Traded in other countries:WB2.Germany
ยป More Articles for WAB

Headlines

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