What does asia pacific — goodwill acquired mean?

The value of goodwill recognized during the current reporting period resulting from new business acquisitions within the Asia Pacific segment. This highlights the company's inorganic growth strategy and investment appetite in the region.

Watts Water Technologies, Inc. WTS Asia Pacific — Goodwill Acquired

Discontinued — last reported Q4 '16

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TTAsia Pacific — Goodwill, Acquired During Period

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EQIXAsia-Pacific — Goodwill acquired during the period

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LINAPAC — Goodwill, Acquired During Period

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ARWAsia Pacific — Goodwill

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TTAsia Pacific — Goodwill

$562.8M+4.2%

ACNAsia Pacific — Goodwill

$2.63B+46.4%

Other financials

Income statement

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Revenue$677.3M+21.4%

Gross profit$326.1M+19.7%

Operating income$133.0M+51.7%

Net income$99.6M+34.6%

EPS (diluted)$2.97+34.4%

Balance sheet

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Cash & equivalents$374.7M+11.3%

Total debt$197.8M+0.3%

Total equity$2.1B+18.3%

Total assets$2.9B+17.6%

Cash flow

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Operating cash flow$17.9M-67.6%

CapEx$11.3M+17.7%

Free cash flow$6.6M-85.5%

Valuation

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Market cap$11.48B+42.5%

Enterprise value$11.31B+42.8%

P/E31.3×+3.8×

P/S4.5×+0.9×

Profitability

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Gross margin49.2%+1.6pp

Operating margin19.3%+2.3pp

Net margin14.3%+1.3pp

FCF margin12.4%-2.6pp

Returns & leverage

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Return on equity18.9%+1.3pp

Debt / equity0.1×0.0×

Current ratio2.7×+0.3×

Where this comes from

Reported directly by Watts Water Technologies, Inc. in its filing.

Tagged under the XBRL concept us-gaap:GoodwillAcquiredDuringPeriod.

The official record: Watts Water Technologies, Inc.’s 10-K, filed February 24, 2017, on SEC EDGAR. View the filing →

Questions, answered.

What does asia pacific — goodwill acquired mean?: The value of goodwill recognized during the current reporting period resulting from new business acquisitions within the Asia Pacific segment. This highlights the company's inorganic growth strategy and investment appetite in the region.