HWKN

Hawkins, Inc.

Fundamental data last updated:October 24, 2026

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company profile

SECTOR

Basic Materials

industry

Chemicals - Specialty

Exchange

NASDAQ

County of HQ

US

Next Earnings Date

Pending Announcement

Business Summary

Hawkins, Inc. blends, manufactures, and distributes chemicals and other specialty ingredients in the United States and internationally. It operates through three segments: Industrial, Water Treatment, and Health and Nutrition. The Industrial segment offers industrial chemicals, products, and services to agriculture, chemical processing, electronics, energy, food, pharmaceutical, and plating industries. This segment primarily provides acids, alkalis, and food-grade and pharmaceutical salts and ingredients. It also receives, stores, and distributes various chemicals, such as liquid caustic soda, sulfuric acid, hydrochloric acid, urea, phosphoric acid, aqua ammonia, and potassium hydroxide. In addition, this segment manufactures sodium hypochlorite and agricultural products, as well as various food-grade and pharmaceutical products that include liquid phosphates, lactates, and other blended products; repackages water treatment chemicals and bulk industrial chemicals; and performs custom blending of chemicals, and contract and private label bleach packaging. The Water Treatment segment offers chemicals, equipment, and solutions for potable water, municipal and industrial wastewater, industrial process water, and non-residential swimming pool and agriculture water. The Health and Nutrition segment offers ingredient distribution, processing, and formulation solutions to manufacturers of nutraceutical, functional food and beverage, personal care, dietary supplement and other nutritional food, and health and wellness products. Its products portfolio includes minerals, botanicals and herbs, vitamins and amino acids, excipients, joint products, sweeteners, and enzymes. The company was founded in 1938 and is headquartered in Roseville, Minnesota.

 


VALUATION

P/E

40.74

Market Cap ($M USD)

$3.34B

Forward P/E

33.07

PEG

1.43

PRICE TO SALES

3.08

PRICE TO BOOK

6.22

EV / EBITDA

21.46

5-Year Average P/E

Free Cash Flow Yield

2.58%

DCF Value

$169.16

Graham Number

$47.70

Price to FCF

38.80

EV to FCF

41.80

Earnings Yield

2.45%

FCF Yield

2.58%

DIVIDEND

Yield

0.47%

Annual Payout

$0.76

Payout Ratio

19.21%

Consecutive Years of Dividend Growth

5-Year Dividend Growth Rate

Financial Health & Profitability

Earnings Per Share

$3.93

Next Year EPS Growth Estimate

$4.84

Next Year Revenue Growth Estimate

$1.23B

Return on Equity (ROE)

15.95%

FREE CASH FLOW

Operating Margin

10.62%

Debt-to-Equity

0.49

Piotroski F-Score

6

Altman Z-Score

6.54

Return on Invested Capital (ROIC)

12.84%

Current Ratio

2.21

Quick Ratio

1.46

Net Debt to EBITDA

1.54

Interest Coverage

8.52

Gross Profit margin

22.61%

FCF PER SHARE

$4.15

REVENUE PER SHARE

$52.22

Gainseekers Quantitative Analysis

Summary

HWKN’s current valuation paints a complex picture. Despite a robust Altman Z-score of 6.95 indicating financial stability, the stock’s market price has been extended well above its DCF value and Graham Number. With a Forward P/E of 35.17, the market expects significant growth, yet the earnings yield of just 2.38% suggests a premium valuation. The high Price/Book ratio of 6.68 further underscores this premium, raising questions about whether the market is overestimating its growth potential. However, the company’s strong Return on Equity of 16.73% highlights effective management and operational efficiency.

AI Exposure / Tech Reliance

Operating within the Chemicals - Specialty industry, HWKN is positioned to leverage AI and tech advancements to optimize production processes and supply chain efficiencies. While not a tech company per se, its industry can benefit from AI-driven innovations in chemical formulations and logistics. This adaptability could enhance its competitive edge in a rapidly evolving market.

The Bull Case

For the value or GARP investor, HWKN offers compelling reasons to buy. With a solid ROIC of 13.92%, the company demonstrates efficient capital allocation, driving shareholder value. Its Piotroski F-Score of 5 indicates moderate financial health, while a Free Cash Flow Yield of 2.51% suggests reasonable cash generation relative to its market cap. The operating margin of 11.51% reflects strong pricing power, allowing HWKN to maintain profitability even in competitive markets.

The Bear Case

Despite its strengths, HWKN faces significant structural risks. The stock's Price/Sales ratio of 3.29 and EV to EBITDA of 21.70 signal a potentially overvalued position, especially when juxtaposed with its modest earnings growth. The stock's proximity to its 52-week high, just 11.36% away, suggests technical overextension. Additionally, the low earnings yield and high Price to FCF ratio of 39.85 raise concerns about future cash flow sustainability.

Market Sentiment & Smart Money

Short Interest %

Analyst Consensus

Buy

Average Analyst Price Target

N/A

Institutional Ownership %

1-Year Beta

0.80

Insider Buying % (6 Mo)

Distance to 52-Week High

16.29%

Distance to 52-Week Low

26.30%

EARNINGS SURPRISE %

-2.63%

50-DAY SMA

$156.06

200-DAY SMA

$153.71

⚠️ Financial Disclaimer:
This content is for informational purposes only and is not financial advice. Information may be delayed or inaccurate. We may earn a commission from partner links.