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Hawkins, Inc. (HWKN)

NEUTRAL
Basic MaterialsSpecialty ChemicalsUnited States

Fundamental

62

Price

$116.69

Market Cap

$2.49B

Part 1 · What the company is worth

Overview

Hawkins, Inc. operates as a water treatment and specialty ingredients company in the United States. The company operates through three segments: Water Treatment, Food and Health Sciences, and Industrial Solutions. The Water Treatment segment provides chemicals, filtration media and systems, equipment, services and solutions for potable water, municipal and industrial wastewater, industrial process water, non-residential swimming pool water, and agricultural water. This segment also sells and services equipment, including tanks, valves, and pumps. The Food and Health Sciences segment provide ingredient distribution, processing, and formulation solutions, such as base chemistry, acid-based reactions, minerals, vitamins and amino acids, excipients, botanicals and herbs, sweeteners and enzymes, fertilizers, and food-grade and pharmaceutical salts and ingredients to nutrition, food, pharmaceutical, and agricultural markets. The Industrial Solutions segment offers industrial chemicals, products, and services such as acids and alkalis, liquid caustic soda, sulfuric acid, hydrochloric acid, urea, phosphoric acid, aqua ammonia, and potassium hydroxide to industrial manufacturing, chemical processing, electronics, energy, plating, and surface finishing industries. It also repackages water treatment chemicals and bulk industrial chemicals; and performs custom blending of chemicals. Hawkins, Inc. was founded in 1938 and is headquartered in Roseville, Minnesota.

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Direct competitors

Who this company fights with for the same customers

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Balance Sheet & Liquidity

Revenue

$1.11B

Trailing 12 months (through 6/28/2026)

Net Income

$81M

Trailing 12 months (through 6/28/2026)

Free Cash Flow

$86M

Total Equity

$534M

Total Liabilities

$452M

Current Ratio

2.27

Interest Coverage

9.12

Debt/EBITDA

1.50

Earnings Per Share

Revenue & Net Income

Free Cash Flow

Income Breakdown

Historical statement

Margins over time

Debt over time

How heavy the debt is

Growth grid

Growth — Revenue

Fair Value Estimation

Fairly Valued

Fair Value

$150.40

Current Price

$116.69

Margin of Safety

+22.4%

Fair Value Range

$106.73 - $194.06

Estimation Methods

Analyst Target:$174.25
DCF:$195.84
PE-based:$111.94
Graham Growth:$132.27
EPV:$52.20
Analyst Consensus:Buy (7B / 3H / 0S)
Last Earnings Surprise:-5.07%

Valuation Metrics

P/E Ratio

30.51

ROE

15.3%

P/B Ratio

4.48

P/FCF

26.81

Gross Margin

22.3%

ROIC

10.4%

Profitability Radar

Value Creation (Economic Moat)

ROIC

10.4%

WACC

8.2%

ROIC − WACC

+2.2 pp

ROIC exceeds the cost of capital — the company is creating value for shareholders.

Fundamental Analysis Criteria

Passed (16)

  • EPS shows upward trend
  • Price CAGR 16.00%
  • ROIC 10.5%
  • P/FCF 26.81
  • Debt/Equity ratio
  • Operating Margin 10.7%
  • Positive Free Cash Flow
  • Current Ratio
  • Interest Coverage
  • Debt/EBITDA
  • Return on Tangible Assets
  • ROE 15.3%
  • Revenue Growth 5Y 12.7%
  • Analyst Consensus 70% Buy
  • Earnings Quality (OCF/NI) 1.84
  • Share Dilution -0.3%

Failed (11)

  • EPS CAGR 3.32%
  • Gross Margin 22.3%
  • P/B Ratio 4.48
  • CapEx intensity
  • Low reliance on intangibles
  • Price below Graham Number
  • DCF valuation (Overvalued)
  • Earnings Surprise avg -8.1%
  • PEG Ratio 2.22
  • Net Margin Trend 7.3% vs 8.4%
  • Piotroski F-Score 4/9

Unavailable (1)

  • Dividend Payout NaN%

Piotroski F-Score

4/9

Mixed signals: some areas need attention

score
criteria

Earnings Quality

1.84

High quality: earnings backed by cash

Share Dilution

-0.3%

Buying back shares. Shareholder friendly

Governance

Executive Team

NameTitleAge
Mr. Patrick H. HawkinsCEO, President & Director54
Mr. Jeffrey P. OldenkampExecutive VP, CFO & Treasurer53
Mr. Drew M. GrahekVice President of Operations55
Mr. Daniel J. StauberDirector63
Mr. David J. MangineVice President of Industrial Solutions67
Mr. Douglas A. LangeVice President of Water Treatment Group55
Mr. Daniel A. LouismetVP, General Counsel & Secretary39
Mr. Paul SilerCorporate Controller-

Audit Risk

6

Board Risk

3

Compensation Risk

3

Shareholder Rights Risk

4

Part 2 · The price and when to enter

This part won't tell you whether the company is worth owning: it helps you choose when to buy it, once the fundamentals have convinced you. Inside: technical analysis, potential, historical drawdowns, gamma exposure.

Latest News

Recent headlines for HWKN, sourced from Markets Gazette.

No recent news for HWKN.