CNH INDUSTRIAL NV (37C.DE) Stock Fundamental Analysis
Europe - Frankfurt Stock Exchange - FRA:37C - NL0010545661 - Common Stock
7.98 EUR
-0.15 (-1.85%)
Taking everything into account, 37C scores 4 out of 10 in our fundamental rating. 37C was compared to 110 industry peers in the Machinery industry. 37C has a medium profitability rating, but doesn't score so well on its financial health evaluation. 37C is valued correctly, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
37C had positive earnings in the past year.
In the past year 37C had a positive cash flow from operations.
37C had positive earnings in 4 of the past 5 years.
37C had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
The Return On Assets of 37C (1.38%) is worse than 64.55% of its industry peers.
With a Return On Equity value of 7.72%, 37C perfoms like the industry average, outperforming 52.73% of the companies in the same industry.
37C has a Return On Invested Capital (6.11%) which is comparable to the rest of the industry.
37C had an Average Return On Invested Capital over the past 3 years of 11.39%. This is above the industry average of 8.83%.
The 3 year average ROIC (11.39%) for 37C is well above the current ROIC(6.11%). The reason for the recent decline needs to be investigated.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.38% | ||
| ROE | 7.72% | ||
| ROIC | 6.11% |
ROA(3y)4.39%
ROA(5y)3.13%
ROE(3y)25.03%
ROE(5y)18.1%
ROIC(3y)11.39%
ROIC(5y)8.98%
1.3 Margins
37C's Profit Margin of 3.35% is in line compared to the rest of the industry. 37C outperforms 49.09% of its industry peers.
37C's Profit Margin has improved in the last couple of years.
37C has a better Operating Margin (17.04%) than 86.36% of its industry peers.
37C's Operating Margin has improved in the last couple of years.
The Gross Margin of 37C (32.19%) is worse than 68.18% of its industry peers.
In the last couple of years the Gross Margin of 37C has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 17.04% | ||
| PM (TTM) | 3.35% | ||
| GM | 32.19% |
OM growth 3Y4.76%
OM growth 5Y12.67%
PM growth 3Y-10.76%
PM growth 5Y4.4%
GM growth 3Y5.77%
GM growth 5Y8.01%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), 37C is creating some value.
37C has less shares outstanding than it did 1 year ago.
The number of shares outstanding for 37C has been reduced compared to 5 years ago.
Compared to 1 year ago, 37C has a worse debt to assets ratio.
2.2 Solvency
37C has an Altman-Z score of 1.27. This is a bad value and indicates that 37C is not financially healthy and even has some risk of bankruptcy.
Looking at the Altman-Z score, with a value of 1.27, 37C is doing worse than 71.82% of the companies in the same industry.
37C has a debt to FCF ratio of 13.40. This is a negative value and a sign of low solvency as 37C would need 13.40 years to pay back of all of its debts.
With a Debt to FCF ratio value of 13.40, 37C is not doing good in the industry: 70.00% of the companies in the same industry are doing better.
A Debt/Equity ratio of 3.51 is on the high side and indicates that 37C has dependencies on debt financing.
With a Debt to Equity ratio value of 3.51, 37C is not doing good in the industry: 93.64% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 3.51 | ||
| Debt/FCF | 13.4 | ||
| Altman-Z | 1.27 |
ROIC/WACC0.79
WACC7.72%
2.3 Liquidity
37C has a Current Ratio of 1.69. This is a normal value and indicates that 37C is financially healthy and should not expect problems in meeting its short term obligations.
37C has a better Current ratio (1.69) than 61.82% of its industry peers.
37C has a Quick Ratio of 1.69. This is a bad value and indicates that 37C is not financially healthy enough and could expect problems in meeting its short term obligations.
37C has a worse Quick ratio (0.58) than 86.36% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.69 | ||
| Quick Ratio | 0.58 |
3. Growth
3.1 Past
The earnings per share for 37C have decreased strongly by -63.50% in the last year.
The Earnings Per Share has been growing slightly by 5.29% on average over the past years.
The Revenue for 37C has decreased by -18.10% in the past year. This is quite bad
37C shows a decrease in Revenue. Measured over the last years, the Revenue has been decreasing by -6.71% yearly.
EPS 1Y (TTM)-63.5%
EPS 3Y-6.6%
EPS 5Y5.29%
EPS Q2Q%-66.67%
Revenue 1Y (TTM)-18.1%
Revenue growth 3Y0.58%
Revenue growth 5Y-6.71%
Sales Q2Q%-5.48%
3.2 Future
The Earnings Per Share is expected to grow by 5.74% on average over the next years.
37C is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 0.38% yearly.
EPS Next Y-58.04%
EPS Next 2Y-26.2%
EPS Next 3Y-4.91%
EPS Next 5Y5.74%
Revenue Next Year-9.23%
Revenue Next 2Y-3.88%
Revenue Next 3Y0.56%
Revenue Next 5Y0.38%
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is stable.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 19.00 indicates a rather expensive valuation of 37C.
Based on the Price/Earnings ratio, 37C is valued a bit cheaper than the industry average as 67.27% of the companies are valued more expensively.
Compared to an average S&P500 Price/Earnings ratio of 26.59, 37C is valued a bit cheaper.
Based on the Price/Forward Earnings ratio of 15.70, the valuation of 37C can be described as correct.
The rest of the industry has a similar Price/Forward Earnings ratio as 37C.
When comparing the Price/Forward Earnings ratio of 37C to the average of the S&P500 Index (24.03), we can say 37C is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 19 | ||
| Fwd PE | 15.7 |
4.2 Price Multiples
The rest of the industry has a similar Enterprise Value to EBITDA ratio as 37C.
Based on the Price/Free Cash Flow ratio, 37C is valued cheaply inside the industry as 90.00% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 5.79 | ||
| EV/EBITDA | 10.01 |
4.3 Compensation for Growth
The decent profitability rating of 37C may justify a higher PE ratio.
A cheap valuation may be justified as 37C's earnings are expected to decrease with -4.91% in the coming years.
PEG (NY)N/A
PEG (5Y)3.59
EPS Next 2Y-26.2%
EPS Next 3Y-4.91%
5. Dividend
5.1 Amount
37C has a Yearly Dividend Yield of 2.59%.
37C's Dividend Yield is rather good when compared to the industry average which is at 1.55. 37C pays more dividend than 80.91% of the companies in the same industry.
Compared to an average S&P500 Dividend Yield of 1.87, 37C pays a bit more dividend than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.59% |
5.2 History
The dividend of 37C is nicely growing with an annual growth rate of 17.96%!
Dividend Growth(5Y)17.96%
Div Incr YearsN/A
Div Non Decr YearsN/A
5.3 Sustainability
37C pays out 55.11% of its income as dividend. This is a bit on the high side, but may be sustainable.
37C's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP55.11%
EPS Next 2Y-26.2%
EPS Next 3Y-4.91%
FRA:37C (12/23/2025, 7:00:00 PM)
7.98
-0.15 (-1.85%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryMachinery
Earnings (Last)
Earnings (Next)
Inst Owners71.94%
Inst Owner ChangeN/A
Ins Owners0.12%
Ins Owner ChangeN/A
Market Cap9.95B
Revenue(TTM)17.81B
Net Income(TTM)597.00M
Analysts75
Price TargetN/A
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.59% |
Yearly Dividend0.41
Dividend Growth(5Y)17.96%
DP55.11%
Div Incr YearsN/A
Div Non Decr YearsN/A
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-10.64%
Min EPS beat(2)-40.39%
Max EPS beat(2)19.11%
EPS beat(4)2
Avg EPS beat(4)-9.06%
Min EPS beat(4)-40.39%
Max EPS beat(4)19.11%
EPS beat(8)4
Avg EPS beat(8)-3.31%
EPS beat(12)6
Avg EPS beat(12)-1.23%
EPS beat(16)10
Avg EPS beat(16)3.23%
Revenue beat(2)2
Avg Revenue beat(2)11.72%
Min Revenue beat(2)11.51%
Max Revenue beat(2)11.93%
Revenue beat(4)4
Avg Revenue beat(4)9.61%
Min Revenue beat(4)6.98%
Max Revenue beat(4)11.93%
Revenue beat(8)8
Avg Revenue beat(8)6.58%
Revenue beat(12)12
Avg Revenue beat(12)5.83%
Revenue beat(16)15
Avg Revenue beat(16)6.31%
PT rev (1m)-7.72%
PT rev (3m)N/A
EPS NQ rev (1m)-9.33%
EPS NQ rev (3m)-45.39%
EPS NY rev (1m)-21.96%
EPS NY rev (3m)-25.84%
Revenue NQ rev (1m)0.68%
Revenue NQ rev (3m)5.32%
Revenue NY rev (1m)2.27%
Revenue NY rev (3m)2.25%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 19 | ||
| Fwd PE | 15.7 | ||
| P/S | 0.66 | ||
| P/FCF | 5.79 | ||
| P/OCF | 3.57 | ||
| P/B | 1.52 | ||
| P/tB | 4 | ||
| EV/EBITDA | 10.01 |
EPS(TTM)0.42
EY5.26%
EPS(NY)0.51
Fwd EY6.37%
FCF(TTM)1.38
FCFY17.26%
OCF(TTM)2.24
OCFY28.02%
SpS12.13
BVpS5.26
TBVpS2
PEG (NY)N/A
PEG (5Y)3.59
Graham Number7.05
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.38% | ||
| ROE | 7.72% | ||
| ROCE | 7.89% | ||
| ROIC | 6.11% | ||
| ROICexc | 6.5% | ||
| ROICexgc | 7.79% | ||
| OM | 17.04% | ||
| PM (TTM) | 3.35% | ||
| GM | 32.19% | ||
| FCFM | 11.36% |
ROA(3y)4.39%
ROA(5y)3.13%
ROE(3y)25.03%
ROE(5y)18.1%
ROIC(3y)11.39%
ROIC(5y)8.98%
ROICexc(3y)13.27%
ROICexc(5y)10.68%
ROICexgc(3y)17.61%
ROICexgc(5y)15.03%
ROCE(3y)14.71%
ROCE(5y)11.59%
ROICexgc growth 3Y10.45%
ROICexgc growth 5Y8.32%
ROICexc growth 3Y26.67%
ROICexc growth 5Y7.09%
OM growth 3Y4.76%
OM growth 5Y12.67%
PM growth 3Y-10.76%
PM growth 5Y4.4%
GM growth 3Y5.77%
GM growth 5Y8.01%
F-Score3
Asset Turnover0.41
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 3.51 | ||
| Debt/FCF | 13.4 | ||
| Debt/EBITDA | 7.43 | ||
| Cap/Depr | 204.71% | ||
| Cap/Sales | 7.08% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 89.95% | ||
| Profit Quality | 339.03% | ||
| Current Ratio | 1.69 | ||
| Quick Ratio | 0.58 | ||
| Altman-Z | 1.27 |
F-Score3
WACC7.72%
ROIC/WACC0.79
Cap/Depr(3y)198.21%
Cap/Depr(5y)185.92%
Cap/Sales(3y)5.02%
Cap/Sales(5y)7.6%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-63.5%
EPS 3Y-6.6%
EPS 5Y5.29%
EPS Q2Q%-66.67%
EPS Next Y-58.04%
EPS Next 2Y-26.2%
EPS Next 3Y-4.91%
EPS Next 5Y5.74%
Revenue 1Y (TTM)-18.1%
Revenue growth 3Y0.58%
Revenue growth 5Y-6.71%
Sales Q2Q%-5.48%
Revenue Next Year-9.23%
Revenue Next 2Y-3.88%
Revenue Next 3Y0.56%
Revenue Next 5Y0.38%
EBIT growth 1Y-29.12%
EBIT growth 3Y5.37%
EBIT growth 5Y5.11%
EBIT Next Year-31.14%
EBIT Next 3Y5.14%
EBIT Next 5YN/A
FCF growth 1Y702.38%
FCF growth 3Y-27.46%
FCF growth 5YN/A
OCF growth 1Y293.41%
OCF growth 3Y-21.59%
OCF growth 5Y1.51%
CNH INDUSTRIAL NV / 37C.DE FAQ
Can you provide the ChartMill fundamental rating for CNH INDUSTRIAL NV?
ChartMill assigns a fundamental rating of 4 / 10 to 37C.DE.
Can you provide the valuation status for CNH INDUSTRIAL NV?
ChartMill assigns a valuation rating of 5 / 10 to CNH INDUSTRIAL NV (37C.DE). This can be considered as Fairly Valued.
How profitable is CNH INDUSTRIAL NV (37C.DE) stock?
CNH INDUSTRIAL NV (37C.DE) has a profitability rating of 6 / 10.
What is the expected EPS growth for CNH INDUSTRIAL NV (37C.DE) stock?
The Earnings per Share (EPS) of CNH INDUSTRIAL NV (37C.DE) is expected to decline by -58.04% in the next year.
Is the dividend of CNH INDUSTRIAL NV sustainable?
The dividend rating of CNH INDUSTRIAL NV (37C.DE) is 6 / 10 and the dividend payout ratio is 55.11%.