81.67 USD
+0.19 (+0.23%)
81.6659 USD
0 (-0.01%)
Taking everything into account, AAON scores 5 out of 10 in our fundamental rating. AAON was compared to 42 industry peers in the Building Products industry. AAON has only an average score on both its financial health and profitability. AAON is valued quite expensive, but it does show an excellent growth. With these ratings, AAON could be worth investigating further for growth investing!.
1. Profitability
1.1 Basic Checks
AAON had positive earnings in the past year.
In the past year AAON has reported a negative cash flow from operations.
AAON had positive earnings in each of the past 5 years.
AAON had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
AAON has a Return On Assets of 6.56%. This is comparable to the rest of the industry: AAON outperforms 52.38% of its industry peers.
Looking at the Return On Equity, with a value of 11.65%, AAON is in line with its industry, outperforming 52.38% of the companies in the same industry.
The Return On Invested Capital of AAON (8.17%) is comparable to the rest of the industry.
Measured over the past 3 years, the Average Return On Invested Capital for AAON is significantly above the industry average of 12.61%.
The last Return On Invested Capital (8.17%) for AAON is well below the 3 year average (18.30%), which needs to be investigated, but indicates that AAON had better years and this may not be a problem.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.56% | ||
| ROE | 11.65% | ||
| ROIC | 8.17% |
ROA(3y)15.18%
ROA(5y)14.44%
ROE(3y)20.84%
ROE(5y)19.53%
ROIC(3y)18.3%
ROIC(5y)16.85%
1.3 Margins
AAON's Profit Margin of 7.64% is in line compared to the rest of the industry. AAON outperforms 59.52% of its industry peers.
In the last couple of years the Profit Margin of AAON has grown nicely.
AAON has a Operating Margin (9.98%) which is in line with its industry peers.
AAON's Operating Margin has improved in the last couple of years.
With a Gross Margin value of 26.88%, AAON is not doing good in the industry: 64.29% of the companies in the same industry are doing better.
AAON's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 9.98% | ||
| PM (TTM) | 7.64% | ||
| GM | 26.88% |
OM growth 3Y10.34%
OM growth 5Y3.96%
PM growth 3Y8.47%
PM growth 5Y4.17%
GM growth 3Y8.66%
GM growth 5Y5.39%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is well above the Cost of Capital (WACC), so AAON is creating value.
The number of shares outstanding for AAON remains at a similar level compared to 1 year ago.
The number of shares outstanding for AAON has been increased compared to 5 years ago.
AAON has a worse debt/assets ratio than last year.
2.2 Solvency
AAON has an Altman-Z score of 8.22. This indicates that AAON is financially healthy and has little risk of bankruptcy at the moment.
AAON has a Altman-Z score of 8.22. This is amongst the best in the industry. AAON outperforms 90.48% of its industry peers.
AAON has a Debt/Equity ratio of 0.44. This is a healthy value indicating a solid balance between debt and equity.
The Debt to Equity ratio of AAON (0.44) is better than 61.90% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.44 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 8.22 |
ROIC/WACC0.81
WACC10.04%
2.3 Liquidity
AAON has a Current Ratio of 3.04. This indicates that AAON is financially healthy and has no problem in meeting its short term obligations.
With a decent Current ratio value of 3.04, AAON is doing good in the industry, outperforming 76.19% of the companies in the same industry.
A Quick Ratio of 2.03 indicates that AAON has no problem at all paying its short term obligations.
Looking at the Quick ratio, with a value of 2.03, AAON belongs to the top of the industry, outperforming 80.95% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 3.04 | ||
| Quick Ratio | 2.03 |
3. Growth
3.1 Past
AAON shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -44.49%.
The Earnings Per Share has been growing by 23.49% on average over the past years. This is a very strong growth
The Revenue has grown by 8.77% in the past year. This is quite good.
The Revenue has been growing by 20.67% on average over the past years. This is a very strong growth!
EPS 1Y (TTM)-44.49%
EPS 3Y37.89%
EPS 5Y23.49%
EPS Q2Q%-41.27%
Revenue 1Y (TTM)8.77%
Revenue growth 3Y30.96%
Revenue growth 5Y20.67%
Sales Q2Q%17.41%
3.2 Future
The Earnings Per Share is expected to grow by 18.22% on average over the next years. This is quite good.
The Revenue is expected to grow by 15.82% on average over the next years. This is quite good.
EPS Next Y-29.63%
EPS Next 2Y0.67%
EPS Next 3Y17.12%
EPS Next 5Y18.22%
Revenue Next Year13.62%
Revenue Next 2Y12.98%
Revenue Next 3Y13.67%
Revenue Next 5Y15.82%
3.3 Evolution
Although the future EPS growth is still strong, it is not able to hold up the even more excellent growth rate of the past years.
The estimated forward Revenue growth is still strong, although it is decreasing when compared to the stronger growth in the past years.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 64.82, AAON can be considered very expensive at the moment.
AAON's Price/Earnings ratio is a bit more expensive when compared to the industry. AAON is more expensive than 78.57% of the companies in the same industry.
AAON's Price/Earnings ratio indicates a rather expensive valuation when compared to the S&P500 average which is at 27.17.
AAON is valuated quite expensively with a Price/Forward Earnings ratio of 40.09.
Based on the Price/Forward Earnings ratio, AAON is valued a bit more expensive than 73.81% of the companies in the same industry.
AAON is valuated expensively when we compare the Price/Forward Earnings ratio to 23.79, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 64.82 | ||
| Fwd PE | 40.09 |
4.2 Price Multiples
80.95% of the companies in the same industry are cheaper than AAON, based on the Enterprise Value to EBITDA ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 33.76 |
4.3 Compensation for Growth
AAON has a very decent profitability rating, which may justify a higher PE ratio.
AAON's earnings are expected to grow with 17.12% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)2.76
EPS Next 2Y0.67%
EPS Next 3Y17.12%
5. Dividend
5.1 Amount
AAON has a yearly dividend return of 0.52%, which is pretty low.
Compared to an average industry Dividend Yield of 0.73, AAON has a dividend in line with its industry peers.
Compared to an average S&P500 Dividend Yield of 1.94, AAON's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.52% |
5.2 History
On average, the dividend of AAON grows each year by 8.53%, which is quite nice.
AAON has paid a dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)8.53%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
30.27% of the earnings are spent on dividend by AAON. This is a low number and sustainable payout ratio.
AAON's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP30.27%
EPS Next 2Y0.67%
EPS Next 3Y17.12%
81.67
+0.19 (+0.23%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryBuilding Products
Earnings (Last)
Earnings (Next)
Inst Owners92.27%
Inst Owner Change0%
Ins Owners0.73%
Ins Owner Change-3.18%
Market Cap6.67B
Revenue(TTM)1.32B
Net Income(TTM)100.56M
Analysts86.15
Price Target114.44 (40.12%)
Short Float %11.4%
Short Ratio7.73
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.52% |
Yearly Dividend0.32
Dividend Growth(5Y)8.53%
DP30.27%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-11%
Min EPS beat(2)-34.77%
Max EPS beat(2)12.77%
EPS beat(4)2
Avg EPS beat(4)-3.23%
Min EPS beat(4)-44.8%
Max EPS beat(4)53.89%
EPS beat(8)5
Avg EPS beat(8)1.71%
EPS beat(12)9
Avg EPS beat(12)8.4%
EPS beat(16)11
Avg EPS beat(16)4.61%
Revenue beat(2)1
Avg Revenue beat(2)2.93%
Min Revenue beat(2)-6%
Max Revenue beat(2)11.86%
Revenue beat(4)2
Avg Revenue beat(4)1.02%
Min Revenue beat(4)-8.93%
Max Revenue beat(4)11.86%
Revenue beat(8)5
Avg Revenue beat(8)0.79%
Revenue beat(12)9
Avg Revenue beat(12)1.66%
Revenue beat(16)12
Avg Revenue beat(16)2.33%
PT rev (1m)0%
PT rev (3m)15.37%
EPS NQ rev (1m)0%
EPS NQ rev (3m)0.93%
EPS NY rev (1m)0%
EPS NY rev (3m)2.26%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-1.38%
Revenue NY rev (1m)0%
Revenue NY rev (3m)3.13%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 64.82 | ||
| Fwd PE | 40.09 | ||
| P/S | 5.07 | ||
| P/FCF | N/A | ||
| P/OCF | N/A | ||
| P/B | 7.72 | ||
| P/tB | 9.53 | ||
| EV/EBITDA | 33.76 |
EPS(TTM)1.26
EY1.54%
EPS(NY)2.04
Fwd EY2.49%
FCF(TTM)-3.13
FCFYN/A
OCF(TTM)-0.22
OCFYN/A
SpS16.12
BVpS10.57
TBVpS8.57
PEG (NY)N/A
PEG (5Y)2.76
Graham Number17.31
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.56% | ||
| ROE | 11.65% | ||
| ROCE | 10.22% | ||
| ROIC | 8.17% | ||
| ROICexc | 8.18% | ||
| ROICexgc | 9.37% | ||
| OM | 9.98% | ||
| PM (TTM) | 7.64% | ||
| GM | 26.88% | ||
| FCFM | N/A |
ROA(3y)15.18%
ROA(5y)14.44%
ROE(3y)20.84%
ROE(5y)19.53%
ROIC(3y)18.3%
ROIC(5y)16.85%
ROICexc(3y)18.35%
ROICexc(5y)17.88%
ROICexgc(3y)22.59%
ROICexgc(5y)21.24%
ROCE(3y)22.91%
ROCE(5y)21.09%
ROICexgc growth 3Y13.27%
ROICexgc growth 5Y1.06%
ROICexc growth 3Y19.13%
ROICexc growth 5Y-2.16%
OM growth 3Y10.34%
OM growth 5Y3.96%
PM growth 3Y8.47%
PM growth 5Y4.17%
GM growth 3Y8.66%
GM growth 5Y5.39%
F-Score2
Asset Turnover0.86
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.44 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 1.81 | ||
| Cap/Depr | 309.66% | ||
| Cap/Sales | 18.09% | ||
| Interest Coverage | 10.77 | ||
| Cash Conversion | N/A | ||
| Profit Quality | N/A | ||
| Current Ratio | 3.04 | ||
| Quick Ratio | 2.03 | ||
| Altman-Z | 8.22 |
F-Score2
WACC10.04%
ROIC/WACC0.81
Cap/Depr(3y)243.08%
Cap/Depr(5y)235.38%
Cap/Sales(3y)11.07%
Cap/Sales(5y)11.35%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-44.49%
EPS 3Y37.89%
EPS 5Y23.49%
EPS Q2Q%-41.27%
EPS Next Y-29.63%
EPS Next 2Y0.67%
EPS Next 3Y17.12%
EPS Next 5Y18.22%
Revenue 1Y (TTM)8.77%
Revenue growth 3Y30.96%
Revenue growth 5Y20.67%
Sales Q2Q%17.41%
Revenue Next Year13.62%
Revenue Next 2Y12.98%
Revenue Next 3Y13.67%
Revenue Next 5Y15.82%
EBIT growth 1Y-46.16%
EBIT growth 3Y44.5%
EBIT growth 5Y25.45%
EBIT Next Year1.47%
EBIT Next 3Y23.81%
EBIT Next 5YN/A
FCF growth 1Y-961.01%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-114.23%
OCF growth 3Y46.53%
OCF growth 5Y14.48%
AAON INC / AAON FAQ
Can you provide the ChartMill fundamental rating for AAON INC?
ChartMill assigns a fundamental rating of 5 / 10 to AAON.
What is the valuation status of AAON INC (AAON) stock?
ChartMill assigns a valuation rating of 1 / 10 to AAON INC (AAON). This can be considered as Overvalued.
Can you provide the profitability details for AAON INC?
AAON INC (AAON) has a profitability rating of 6 / 10.
Can you provide the financial health for AAON stock?
The financial health rating of AAON INC (AAON) is 6 / 10.
How sustainable is the dividend of AAON INC (AAON) stock?
The dividend rating of AAON INC (AAON) is 5 / 10 and the dividend payout ratio is 30.27%.