Obermatt

Hawkins

NSQ:HWKN · US4202611095
ChemicalsMedium

360

66
EV / EBIT14
Price / Owner Earnings11
Owner Earnings Yield58
Dividend Yield45
Price/Sales27
EV / Gross Profit21
Price/Book18
Return on Capital84
Cash Return on Capital88
Return on Equity84
EBIT Margin78
Gross Profitability80
Cash Conversion42
Accruals5
Owner Earnings Margin86
Sales growth64
Profit Growth38
Long-Term EPS Growth89
Owner Earnings Growth36
Reinvestment26
Price momentum49
Debt load75
Refinancing25
Debt Payback57
Liquidity82
Analyst ratings20
Opinion Changes50
Price Target Upside71
Market mood93
Value Creation12/20creating some value
  • Creates more value than its capital costs
  • Owner earnings growing
  • Owner earnings per share growing
  • Reinvests at strong returns
  • Solid earnings base

What this means

Hawkins clears its cost of capital, but the record is mixed across the five tests. Real value creation, just not yet consistent.

Profile

CountryUSA
IndustryChemicals
SizeMedium
TypePublic Company
ExchangeNASDAQGS
Founded1955
Employees350
ISINUS4202611095
Last UpdateApr 2, 2026
Themes
Water PurificationPollution ControlNutraceuticalEnvironmental ConsultingEnvironmental EngineeringEnvironment, Health and Safety (EH&S)Smart Water Networks (SWN)Chemical

Description

Hawkins, Inc. (Hawkins) is a water treatment and specialty ingredients company. The company formulates, manufactures, distributes, and blends products for its Water Treatment, Food and Health Sciences, and Industrial Solutions customers. Segments…

Analysis

Hope premium

Hawkins, Inc. is priced well ahead of what the underlying numbers justify, a pattern we describe as a hope premium. Worth noting: the cash the business generates has lagged behind what the income statement shows.

On valuation, the picture is expensive. The owner-earnings multiple stands at 43.0×; owner earnings: the cash an owner could take out each year. The implied growth embedded in that price is around 17% a year, against analyst forecasts of 14%. The price, in other words, assumes less than the experts do.

Growth is moderate; the safety picture is sturdy. The company scores 12/20 on our value-creation score: creating some value. Analysts lean positive.

Flags to be aware of: Reported profits have run ahead of actual cash for several periods. As always: this describes the company's numbers; it is not a recommendation.

360° rank · history

1007550250
24
2023202420252026

All-time high

86

Jan 2024

All-time low

24

Jun 2026

Average rank

65

across all years

Detailed & Historical Ranks

Deep dive into 15 detailed ranks and 3 years of history.

Current202520242023
Price/Sales
27
16
41
69
Price/Earnings
5
13
28
63
Price/Book
18
14
22
43
Dividend Yield
45
21
23
50
Value (overall)
13
9
12
56

Cells are coloured by rank band (red weak → green strong). Sentiment & 360° history begins 2023.

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Make Sense of the Ranks

Every rank runs 1–100 against true peers. Higher is always better.

360° View
1 · Watch OutGood· 100
Value
1 · ExpensiveGood Value· 100
Quality
1 · Weak FundamentalsHigh Quality· 100
Growth
1 · Tough TimesHigh Growth· 100
Safety
1 · High LeverageWell-Financed· 100
Sentiment
1 · SkepticismPositive· 100
Learn More →