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Investors should take notice of NYSE:HOG—it offers a great deal for the fundamentals it presents.

By Mill Chart

Last update: Nov 30, 2023

Consider HARLEY-DAVIDSON INC (NYSE:HOG) as a top value stock, identified by our stock screening tool. NYSE:HOG shines in terms of profitability, solvency, and liquidity, all while remaining very reasonably priced. Let's dive deeper into the analysis.

A Closer Look at Valuation for NYSE:HOG

ChartMill assigns a proprietary Valuation Rating to each stock. The score is computed by evaluating various valuation aspects, like price to earnings and free cash flow, both absolutely as relative to the market and industry. NYSE:HOG was assigned a score of 8 for valuation:

  • The Price/Earnings ratio is 6.10, which indicates a rather cheap valuation of HOG.
  • Based on the Price/Earnings ratio, HOG is valued cheaper than 92.31% of the companies in the same industry.
  • When comparing the Price/Earnings ratio of HOG to the average of the S&P500 Index (24.54), we can say HOG is valued rather cheaply.
  • The Price/Forward Earnings ratio is 6.19, which indicates a rather cheap valuation of HOG.
  • Compared to the rest of the industry, the Price/Forward Earnings ratio of HOG indicates a rather cheap valuation: HOG is cheaper than 92.31% of the companies listed in the same industry.
  • When comparing the Price/Forward Earnings ratio of HOG to the average of the S&P500 Index (19.65), we can say HOG is valued rather cheaply.
  • HOG's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. HOG is cheaper than 84.62% of the companies in the same industry.
  • Based on the Price/Free Cash Flow ratio, HOG is valued cheaply inside the industry as 92.31% of the companies are valued more expensively.
  • HOG has an outstanding profitability rating, which may justify a higher PE ratio.

What does the Profitability looks like for NYSE:HOG

ChartMill utilizes a Profitability Rating to assess stocks, scoring them on a scale of 0 to 10. This rating takes into account a variety of profitability ratios and margins, both in absolute terms and in comparison to industry peers. NYSE:HOG has earned a 8 out of 10:

  • HOG has a better Return On Assets (5.80%) than 89.74% of its industry peers.
  • The Return On Equity of HOG (21.83%) is better than 94.87% of its industry peers.
  • HOG has a better Return On Invested Capital (6.02%) than 87.18% of its industry peers.
  • The last Return On Invested Capital (6.02%) for HOG is above the 3 year average (5.75%), which is a sign of increasing profitability.
  • Looking at the Profit Margin, with a value of 12.19%, HOG belongs to the top of the industry, outperforming 97.44% of the companies in the same industry.
  • HOG's Profit Margin has improved in the last couple of years.
  • HOG has a better Operating Margin (13.56%) than 97.44% of its industry peers.
  • Looking at the Gross Margin, with a value of 37.83%, HOG belongs to the top of the industry, outperforming 97.44% of the companies in the same industry.

Health Examination for NYSE:HOG

ChartMill assigns a proprietary Health Rating to each stock. The score is computed by evaluating various liquidity and solvency ratios and ranges from 0 to 10. NYSE:HOG was assigned a score of 5 for health:

  • HOG has a Altman-Z score of 1.58. This is in the better half of the industry: HOG outperforms 69.23% of its industry peers.
  • The Debt to FCF ratio of HOG (15.39) is better than 82.05% of its industry peers.
  • A Current Ratio of 2.03 indicates that HOG has no problem at all paying its short term obligations.
  • With a decent Current ratio value of 2.03, HOG is doing good in the industry, outperforming 66.67% of the companies in the same industry.
  • HOG has a better Quick ratio (1.74) than 69.23% of its industry peers.

Looking at the Growth

A key component of ChartMill's stock assessment is the Growth Rating, which spans from 0 to 10. This rating evaluates diverse growth factors, such as EPS and revenue growth, considering both past performance and future projections. NYSE:HOG has received a 4 out of 10:

  • The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.

More Decent Value stocks can be found in our Decent Value screener.

Check the latest full fundamental report of HOG for a complete fundamental analysis.

Keep in mind

Important Note: The content of this article is not intended as trading advice. It is essential to perform your own analysis and exercise caution when making trading decisions. The article presents observations created by automated analysis but does not guarantee any trading or investment outcomes. Always trade responsibly and make independent judgments.

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HARLEY-DAVIDSON INC

NYSE:HOG (4/22/2024, 12:14:45 PM)

38.85

+0.81 (+2.13%)

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