Hexcel Corporation: Chemicals Company Profile, SWOT & Financial Report by ICDResearch

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									Hexcel Corporation

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Hexcel Corporation                                                        Financial Snapshot

                                                                          Operating Performance
Fast Facts
                                    Two Stamford Plaza, Stamford, 0690-   The company reported revenue of US$1,173.60
Headquarters Address
                                    3261,United States of America         million during the fiscal year 2010 (2010). The
                                                                          company's revenue grew at a CAGR of 2.83% during
Telephone                           + 1 203 9690666
                                                                          2006–2010, with an annual growth of 5.89% over
                                                                          2009. In 2010, the company recorded an operating
Fax                                 + 1 203 3583977                       margin of 11.06%, as against 9.36% in 2009.

Website                             www.hexcel.com
                                                                          Revenue and Margins
Ticker Symbol, Stock Exchange       HXL, New York Stock Exchange

Number of Employees                 4,043

Fiscal Year End                     December

Revenue (in US$ million)            1,173.60




SWOT Analysis

Strengths                           Weaknesses                            Return on Equity

Broad product offerings             Dependence on few customers           The company recorded a return on equity (ROE) of
                                                                          11.74% for 2010, as compared to its peers, 3M
                                                                          Company (Ticker: MMM), Cytec Industries Inc.
Strong financial performance        Inefficient Use of Resources          (Ticker: CYT) and Showa Aircraft Industry Co., Ltd.
                                                                          (Ticker: 7404), which recorded ROEs of 26.08%,
Strong research and technology      Overdependence on the US              9.96% and 0.56% respectively. The company
                                                                          reported an operating margin of 11.06% in 2010.
Opportunities                       Threats
                                                                          Return on Equity
New product development             Market risks

New programs initiated by the
                                    Rapid technological changes
commercial aerospace industry

US defense spending outlook




                                                                          Liquidity Position

                                                                          The company reported a current ratio of 2.42 in 2010,
                                                                          as compared to its peers, 3M Company, Cytec
                                                                          Industries Inc. and Showa Aircraft Industry Co., Ltd.,
                                                                          which recorded current ratios of 2.01, 2.26 and 0.99
                                                                          respectively. As of December 2010, the company
                                                                          recorded cash and short-term investments of worth
                                                                          US$117.20 million, against US$27.60 million current
                                                                          debt. The company reported a debt to equity ratio of
                                                                          0.50 in 2010 as compared to its peers, 3M Company,
                                                                          Cytec Industries Inc. and Showa Aircraft Industry Co.,
                                                                          Ltd., which recorded debt to equity ratios of 0.35, 0.37
                                                                          and 0.83 respectively.




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Hexcel Corporation - SWOT Profile                                                                                  Page 1
Hexcel Corporation

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TABLE OF CONTENTS

1     Business Analysis ................................................................................................................................... 5
    1.1       Company Overview ................................................................................................................................................5
    1.2       Business Description ..............................................................................................................................................5
    1.3       Major Products and Services .................................................................................................................................7
2     Analysis of Key Performance Indicators ............................................................................................... 8
    2.1       Five Year Snapshot: Overview of Financial and Operational Performance Indicators ..........................................8
    2.2       Key Financial Performance Indicators .................................................................................................................11
      2.2.1       Revenue and Operating Profit .........................................................................................................................11
      2.2.2       Asset, Liabilities and Capex .............................................................................................................................12
      2.2.3       Net Debt vs. Gearing Ratio ..............................................................................................................................13
      2.2.4       Operational Efficiency ......................................................................................................................................14
      2.2.5       Solvency ..........................................................................................................................................................15
      2.2.6       Valuation ..........................................................................................................................................................16
    2.3       Competitive Benchmarking ..................................................................................................................................17
      2.3.1       Market Capitalization .......................................................................................................................................17
      2.3.2       Efficiency ..........................................................................................................................................................18
      2.3.3       Capital Expenditure ..........................................................................................................................................19
      2.3.4       Turnover – Inventory and Asset .......................................................................................................................20
      2.3.5       Liquidity ............................................................................................................................................................21
3     Recent Developments ........................................................................................................................... 22
4     SWOT Analysis ...................................................................................................................................... 23
    4.1       SWOT Analysis - Overview ..................................................................................................................................23
    4.2 
								
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