GHM vs WTS vs FLS Stock Comparison

Graham, Watts Water Technologies and Flowserve Prices as of Oct 29, 2026 Peers: Industry group
1 more company in this comparison (PH) Create a free account to keep reading and compare up to 10 companies.
GHM Graham Corp
$71.68 -17.0% 1M +18.4% 1Y
Market cap
$805.93M
P/E
68.2x
Revenue (TTM)
$261.15M
Div. yield
–
Pumps and Valves Industrials
2 wins
FLS Flowserve Corp
$80.17 +8.5% 1M +16.3% 1Y
Market cap
$10.04B
P/E
39.4x
Revenue (TTM)
$4.70B
Div. yield
–
Pumps and Valves Industrials
1 win

Head to Head

11 decided of 12

Watts Water Technologies leads on 8 of the 12 questions below (Watts Water Technologies 8, Graham 2, Flowserve 1). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionGHMWTSFLSLeader
Larger companyMarket capitalisation $805.93M $11.64B $10.04B WTS
Cheaper on earningsLower P/E, profitable companies only 68.2x 30.3x 39.4x WTS
Cheaper on forward earningsLower price / next fiscal year consensus EPS 44.0x 26.5x 18.5x FLS
Faster revenue growthRevenue growth, trailing twelve months +21.2% +17.1% +0.2% GHM
More profitableNet margin, trailing twelve months 4.5% 14.3% 5.4% WTS
Better return on capitalReturn on invested capital 7.0% 16.8% 8.1% WTS
Less leveragedLower net debt / EBITDA — -0.4x 2.3x WTS
Higher dividend yieldTrailing dividend yield 0.00% 0.01% 0.00% –
Better 1-year returnPrice return, last 12 months +18.4% +28.5% +16.3% WTS
Better 5-year returnAnnualised price return, 5 years +41.4%/yr +13.1%/yr +19.0%/yr GHM
Less volatileAnnualised volatility, 1 year 54.5% 27.8% 42.1% WTS
Higher overall scoreMean of the five percentile scores vs peers 31/100 71/100 40/100 WTS

Percentile Scorecard

GHMWTSFLS

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisGHMWTSFLS
Valuation 17 #168 of 203 33 #137 of 203 26 #150 of 203
Growth 62 #72 of 188 79 #41 of 188 31 #130 of 188
Profitability 32 #125 of 183 92 #15 of 183 43 #104 of 183
Financial Health 36 #138 of 216 89 #25 of 216 34 #144 of 216
Shareholder Returns 9 #138 of 152 62 #59 of 152 68 #50 of 152
Overall 31 71 40
  • GHM ranked among 222 companies in Machinery
  • WTS ranked among 222 companies in Machinery
  • FLS ranked among 222 companies in Machinery

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodGHMWTSFLSSPY
1 month -17.0%-2.0%+8.5% +0.7%
3 months -24.0%+1.9%+6.4% +3.7%
6 months -24.7%+16.9%+8.9% +7.1%
Year to date +11.6%+27.1%+15.6% +12.8%
1 year +18.4%+28.5%+16.3% +11.9%
3 years +356.0%+104.3%+119.2% +85.2%
3 years, per year +65.9%+26.9%+29.9% +22.8%
5 years +464.0%+84.7%+138.5% +67.6%
5 years, per year +41.4%+13.1%+19.0% +10.9%
10 years +298.7%+485.3%+89.9% +262.0%
10 years, per year +14.8%+19.3%+6.6% +13.7%

Risk

MeasureGHMWTSFLSSPY
Volatility, 1Y 54.5%27.8%42.1% 12.7%
Downside volatility, 1Y 56.9%26.3%42.2% 12.6%
Beta vs S&P 500, 1Y 2.130.891.73 1.00
Return / volatility, 1Y 0.341.020.39 0.94
Max drawdown, 5Y -51.9%-44.4%-39.0% -25.4%
From 52-week high -42.1%-10.5%-12.9% -1.2%
52-week high $123.79$392.27$92.04 $779.14
52-week low $53.56$263.55$64.39 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleGHMWTSFLS
P/E now vs peer median 70.3xmedian 25.8x 30.6xmedian 25.8x 40.0xmedian 25.8x
P/S now vs peer median 3.2xmedian 1.9x 4.4xmedian 1.9x 2.2xmedian 1.9x
EV/EBITDA now vs peer median 35.0xmedian 14.6x 19.2xmedian 14.6x 19.9xmedian 14.6x
P/FCF now vs peer median -137.4xmedian 22.2x 33.5xmedian 22.2x 66.2xmedian 22.2x
P/B now vs peer median 4.4xmedian 2.2x 5.4xmedian 2.2x 4.3xmedian 2.2x
PEG now vs peer median 1.05median 1.45 2.38median 1.45 17.37median 1.45

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsGHMWTSFLS
Revenue $261.15M $2.68B $4.70B
Gross profit $60.83M $1.31B $1.60B
Operating income $14.21M $512.10M $467.63M
Net income $11.82M $383.80M $273.27M
Free cash flow -$6.12M $349.40M $153.66M
EPS (diluted) $1.01 $11.46 $1.99
Cash & equivalents $26.95M $347.90M $742.15M
Total debt $13.00M $108.00M $2.06B
Shares (diluted) 11.71M 33.50M 127.96M
Enterprise value $729.57M $10.05B $7.02B

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricGHMWTSFLS
P/E 70.3x 30.6x 40.0x
P/FCF -137.4x 33.5x 66.2x
P/Operating cash flow 151.7x 29.4x 44.2x
P/S 3.2x 4.4x 2.2x
P/B 4.4x 5.4x 4.3x
P/Tangible book 5.4x 6.1x 5.0x
EV/EBITDA 35.0x 19.2x 19.9x
EV/EBIT 57.3x 22.4x 24.6x
EV/Revenue 3.1x 4.3x 2.4x
EV/FCF -133.0x 32.8x 74.7x
EV/Operating cash flow 146.8x 28.8x 49.9x
PEG (3Y EPS CAGR) 1.05 2.38 17.37

Growth

14 metrics
MetricGHMWTSFLS
Revenue growth (1Y) 21.2% 17.1% 0.2%
Revenue CAGR (3Y) 15.7% 10.3% 3.8%
Gross profit growth (1Y) 10.2% 18.0% 5.0%
Gross profit CAGR (3Y) 27.1% 13.0% 9.2%
Operating income growth (1Y) -16.1% 26.4% -3.1%
Operating income CAGR (3Y) 53.2% 15.5% 12.4%
Net income growth (1Y) -14.7% 23.2% -42.5%
Net income CAGR (3Y) 71.8% 12.7% 1.3%
EPS growth (1Y) -19.7% 23.2% -42.3%
EPS CAGR (3Y) 66.8% 12.8% 2.3%
Operating cash flow growth (1Y) -58.5% 12.1% -67.3%
Operating cash flow CAGR (3Y) -38.0% 12.5% 4.7%
Free cash flow growth (1Y) 36.6% 10.3% -75.6%
Free cash flow CAGR (3Y) -32.7% 11.4% 7.8%

Profitability

14 metrics
MetricGHMWTSFLS
Gross margin 23.3% 48.9% 34.2%
EBITDA margin 8.9% 22.3% 12.3%
Operating margin 5.4% 19.1% 10.0%
Pretax margin 5.3% 19.0% 7.6%
Net margin 4.5% 14.3% 5.4%
FCF margin -2.3% 13.1% 3.3%
Operating cash flow margin 2.1% 14.9% 4.9%
Return on equity 7.1% 17.9% 11.6%
Return on assets 3.4% 13.0% 4.3%
Return on invested capital 7.0% 16.8% 8.1%
Return on capital employed 7.8% 21.1% 9.7%
Asset turnover 0.8x 0.9x 0.7x
Cash conversion (OCF / net income) 0.5x 1.0x 0.8x
Stock comp / revenue 0.9% 0.9% 0.9%

Financial Health

11 metrics
MetricGHMWTSFLS
Debt / assets – 3.7% 32.4%
Debt / equity – 0.0x 0.9x
Net debt / EBITDA – -0.4x 2.3x
Debt / FCF – 0.3x 13.4x
Liabilities / assets 47.2% 25.8% 62.4%
Equity / assets 52.8% 74.2% 37.6%
Interest coverage – 50.2x 5.1x
Current ratio 1.2x 2.7x 2.1x
Quick ratio 0.9x 1.5x 1.2x
Cash ratio 0.2x 0.7x 0.5x
Altman Z-score 4.33 11.80 3.82

Shareholder Returns

7 metrics
MetricGHMWTSFLS
Dividend yield – 0.7% 1.1%
Net buyback yield -6.0% 0.1% 1.3%
Shareholder yield -6.0% 0.8% 2.4%
Payout ratio (earnings) – 19.2% –
Payout ratio (FCF) – 21.1% –
Dividend growth (1Y) – 21.2% –
Dividend CAGR (3Y) – 20.1% –

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusGHMWTSFLS
Forward P/E 44.0xFY2026 26.5xFY2026 18.5xFY2026
EPS, next fiscal year $1.63FY2026 $13.22FY2026 $4.34FY2026
EPS growth, next FY +45.5%FY2026 +25.0%FY2026 +19.2%FY2026
EPS growth, the year after +41.7% +13.2% +12.0%
Revenue, next fiscal year $271.48MFY2026 $3.02BFY2026 $4.72BFY2026
Revenue growth, next FY +10.7%FY2026 +23.8%FY2026 -0.1%FY2026
Revenue growth, the year after +22.0% -5.1% +5.3%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersGHMWTSFLS
Held by institutions 89.3% 80.9% 100.0%
Institutions holding 222 580 585
Change in shares held, QoQ +16.8% +1.9% +14.6%
Institutions buying 145 295 299
Institutions selling 56 187 202
Buyers to sellers 2.59 1.58 1.48

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

GHMWTSFLS
GHM 1.00 0.46 0.42
WTS 0.46 1.00 0.43
FLS 0.42 0.43 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, GHM, WTS and FLS?

Watts Water Technologies (WTS) is the largest by market capitalisation: Graham (GHM) $805.93M, Watts Water Technologies (WTS) $11.64B, Flowserve (FLS) $10.04B.

Which stock is cheaper, GHM, WTS and FLS?

Watts Water Technologies (WTS) trades on the lowest price-to-earnings ratio (Graham (GHM) 68.2x, Watts Water Technologies (WTS) 30.3x, Flowserve (FLS) 39.4x). On next year's consensus earnings, Flowserve (FLS) is cheapest (Graham (GHM) 44.0x, Watts Water Technologies (WTS) 26.5x, Flowserve (FLS) 18.5x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Graham (GHM) grew revenue fastest over the trailing twelve months: Graham (GHM) +21.2%, Watts Water Technologies (WTS) +17.1%, Flowserve (FLS) +0.2%.

Which company is more profitable?

Watts Water Technologies (WTS) has the highest net margin (Graham (GHM) 4.5%, Watts Water Technologies (WTS) 14.3%, Flowserve (FLS) 5.4%). On return on invested capital, Watts Water Technologies (WTS) leads (Graham (GHM) 7.0%, Watts Water Technologies (WTS) 16.8%, Flowserve (FLS) 8.1%).

Which stock has performed better?

Over the past year Watts Water Technologies (WTS) returned the most: Graham (GHM) +18.4%, Watts Water Technologies (WTS) +28.5%, Flowserve (FLS) +16.3%. Over five years, Graham (GHM) compounded fastest (Graham (GHM) +41.4%/yr, Watts Water Technologies (WTS) +13.1%/yr, Flowserve (FLS) +19.0%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Only one of these companies pays a dividend: Graham (GHM) 0.00%, Watts Water Technologies (WTS) 0.01%, Flowserve (FLS) 0.00%. Graham (GHM) and Flowserve (FLS) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Watts Water Technologies (WTS) has been the steadiest (Graham (GHM) 54.5%, Watts Water Technologies (WTS) 27.8%, Flowserve (FLS) 42.1%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, GHM, WTS and FLS?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Watts Water Technologies (WTS) leads on 8. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.