Shareholder ReturnsShareholder distributions are expected to exceed $200mn or 41% of FCF, driven by an expected increase in share repurchase activity.
Technological GrowthWFRD can grow revenue idiosyncratically through industry-leading technology that solves specific customer needs for process enhancement, automation, and digitalization.
ValuationThe stock is trading 50% below its long-term average EV/EBITDA multiple despite delivering higher margins and FCF than any time in the company’s history.