Zurn Elkay Water Solutions Corporation (ZWS) is a publicly traded company in the Industrials — Industrial - Machinery industry listed on NYSE. This overview shows the latest price, key valuation ratios, profitability metrics and financial-health indicators used by fundamental investors.
Zurn Elkay Water Solutions Corporation (ZEWS) is a leading provider of comprehensive water system solutions. The company is involved in the entire lifecycle, from design and procurement to manufacturing and marketing, with a focus on optimizing water quality, safety, flow management, and conservation within and around non-residential structures. ZEWS markets a diverse portfolio of products under several well-known brands.
Is Zurn Elkay Water Solutions Corporation stock overvalued or undervalued in 2026?
As of October 4, 2026, Zurn Elkay Water Solutions Corporation (ZWS) trades at 29.1× earnings (P/E), against a median of 26.0× across the 335 industrials companies above $2bn in Kaplio's universe. Kaplio's verdict: fairly priced. At the decade median (25.0×) $41 (-14 %); at its sector median (26.0×) $43 (-10 %).
Kaplio overview: Zurn Elkay Water Solutions Corporation
Market cap $8B · 52 weeks $44 – $53 (10 % below the high) · P/E 29.1× · 2027 expected P/E 23.5× · Dividend 0.9 % · 3 years rising · Next earnings October 27, 2026 · expected EPS $0.50 · Price as of Oct 4 · accounts published Jul 28.
- Valuation: P/E 29.1× (fairly priced).
- Business: ROIC 9 % (fair).
- Balance sheet: Net debt/EBITDA 0.7× (solid).
- Earnings: 8 of 8 (on track).
What would it be worth at its usual multiples?
At the decade median (25.0×) $41 (-14 %); at its sector median (26.0×) $43 (-10 %). Implied price from applying the reference multiples to today's earnings (or book value, or FFO) per share. Not a fair value: it is where the stock would trade at its usual multiples.
What matters in industrials: 8 of 10 pass
- ROIC 9.3 %, fails.
- Capex / Revenue 1.8 %, fails.
- 5y revenue growth 16.6 %, passes.
- Operating margin 17.0 %, passes.
- FCF conversion 159.9 %, passes.
- Net debt / EBITDA 0.7×, passes.
- Altman Z-Score 5.0, passes.
- Piotroski F-Score 7 de 9, passes.
- P/E vs own 10y history 29.1×, passes.
- Cycle-adjusted EV/EBITDA 23.0×, passes.
Against its peers (reference peers) — Zurn Elkay Water Solutions Corporation: P/E 29.1×; EV/EBITDA 23.0×; ROIC 9.2 %; $7.9B. AAON, Inc. (P/E 43.5×; EV/EBITDA 23.1×; ROIC 11.5 %; $6.8B), AGCO Corporation (P/E 15.8×; EV/EBITDA 7.3×; ROIC 6.5 %; $8.0B), Oshkosh Corp (P/E 15.2×; EV/EBITDA 7.7×; ROIC 9.8 %; $8.1B).
Expensive or cheap against its last ten years?
P/E at each close: today 29.1× · median 25.0× · minimum 12.4× · maximum 62.5× · cheap below 18.7× · expensive above 49.0×. It has been cheaper than today 58% of the time over its last ten years.
Dividend
solid · Yield 0.92 % ($0.38 per share in 2025) · Years raising it 3 · 5-year growth +10 % a year · Free cash flow coverage 4.8× · With $1,000 invested today you'd collect $9.20 a year ($0.77 a month).
Profitability
| Return on Equity | 17.09% |
| Return on Invested Capital | 9.25% |
| Return on Assets | 9.93% |
| Gross Margin | 44.77% |
| Operating Margin | 17.44% |
| Net Margin | 15.89% |
Financial Health
| Debt / Equity | 0.33 |
| Current Ratio | 3.05 |
| Piotroski F-Score | 7 |
| Altman Z-Score | 5.02 |
Price Performance
| 1 month | +0.80% |
| 3 months | +2.54% |
| Year-to-date | +3.23% |
| 1 year | +1.48% |
| 3 years | +81.37% |
| 5 years | +29.70% |
Dividend History
Paid in the last 12 months: $0.4400 per share in 4 payments.
| Date | Amount |
|---|---|
| 2026-08-20 | $0.1100 |
| 2026-05-20 | $0.1100 |
| 2026-02-20 | $0.1100 |
| 2025-11-20 | $0.1100 |
| 2025-08-20 | $0.0900 |
| 2025-05-20 | $0.0900 |
| 2025-02-20 | $0.0900 |
| 2024-11-20 | $0.0900 |
| 2024-08-20 | $0.0800 |
| 2024-05-17 | $0.0800 |
Amounts adjusted for stock splits.
Related companies: AAON · AGCO · DY · FSS · IESC · OSK · PRIM
Explore sector: Industrials · Industrial - Machinery
More sections of ZWS: Financials · Valuation · Statistics · Estimates · Technical · Ownership · News · Events
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