93.2 USD
-0.94 (-1%)
93.2 USD
0 (0%)
We assign a fundamental rating of 5 out of 10 to AAON. AAON was compared to 41 industry peers in the Building Products industry. Both the profitability and the financial health of AAON get a neutral evaluation. Nothing too spectacular is happening here. While showing a medium growth rate, AAON is valued expensive at the moment.
1. Profitability
1.1 Basic Checks
In the past year AAON was profitable.
In the past year AAON has reported a negative cash flow from operations.
Each year in the past 5 years AAON has been profitable.
AAON had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
AAON's Return On Assets of 6.56% is in line compared to the rest of the industry. AAON outperforms 53.66% of its industry peers.
The Return On Equity of AAON (11.65%) is comparable to the rest of the industry.
AAON has a Return On Invested Capital of 8.17%. This is comparable to the rest of the industry: AAON outperforms 43.90% of its industry peers.
AAON had an Average Return On Invested Capital over the past 3 years of 18.30%. This is significantly above the industry average of 12.49%.
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
With a Profit Margin value of 7.64%, AAON perfoms like the industry average, outperforming 58.54% of the companies in the same industry.
AAON's Profit Margin has improved in the last couple of years.
AAON has a Operating Margin (9.98%) which is comparable to the rest of the industry.
AAON's Operating Margin has improved in the last couple of years.
AAON's Gross Margin of 26.88% is on the low side compared to the rest of the industry. AAON is outperformed by 63.41% of its industry peers.
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
With a Return on Invested Capital (ROIC) well above the Cost of Capital (WACC), AAON is creating value.
AAON has about the same amout of shares outstanding than it did 1 year ago.
The number of shares outstanding for AAON has been increased compared to 5 years ago.
The debt/assets ratio for AAON is higher compared to a year ago.
2.2 Solvency
AAON has an Altman-Z score of 9.07. This indicates that AAON is financially healthy and has little risk of bankruptcy at the moment.
AAON's Altman-Z score of 9.07 is amongst the best of the industry. AAON outperforms 100.00% 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.
With a decent Debt to Equity ratio value of 0.44, AAON is doing good in the industry, outperforming 63.41% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.44 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 9.07 |
ROIC/WACC0.86
WACC9.54%
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.
Looking at the Current ratio, with a value of 3.04, AAON is in the better half of the industry, outperforming 78.05% 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.
AAON has a better Quick ratio (2.03) than 82.93% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 3.04 | ||
| Quick Ratio | 2.03 |
3. Growth
3.1 Past
The earnings per share for AAON have decreased strongly by -44.49% in the last year.
Measured over the past years, AAON shows a quite strong growth in Earnings Per Share. The EPS has been growing by 13.87% on average per year.
Looking at the last year, AAON shows a quite strong growth in Revenue. The Revenue has grown by 8.77% in the last year.
AAON shows a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 20.67% yearly.
EPS 1Y (TTM)-44.49%
EPS 3Y20.46%
EPS 5Y13.87%
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 15.13% on average over the next years. This is quite good.
AAON is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 14.60% yearly.
EPS Next Y-30.65%
EPS Next 2Y0.15%
EPS Next 3Y15.13%
EPS Next 5YN/A
Revenue Next Year10.18%
Revenue Next 2Y11.41%
Revenue Next 3Y12.21%
Revenue Next 5Y14.6%
3.3 Evolution
The EPS growth rate is stable: in the next years the growth will be about the same than in the last years.
Although the future Revenue growth is still strong, it is not able to hold up the even more excellent growth rate of the past years.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 73.97, which means the current valuation is very expensive for AAON.
78.05% of the companies in the same industry are cheaper than AAON, based on the Price/Earnings ratio.
The average S&P500 Price/Earnings ratio is at 26.15. AAON is valued rather expensively when compared to this.
The Price/Forward Earnings ratio is 46.23, which means the current valuation is very expensive for AAON.
Compared to the rest of the industry, the Price/Forward Earnings ratio of AAON indicates a slightly more expensive valuation: AAON is more expensive than 75.61% of the companies listed in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 36.12, AAON is valued a bit more expensive.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 73.97 | ||
| Fwd PE | 46.23 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, AAON is valued more expensive than 80.49% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 38.32 |
4.3 Compensation for Growth
The decent profitability rating of AAON may justify a higher PE ratio.
A more expensive valuation may be justified as AAON's earnings are expected to grow with 15.13% in the coming years.
PEG (NY)N/A
PEG (5Y)5.33
EPS Next 2Y0.15%
EPS Next 3Y15.13%
5. Dividend
5.1 Amount
With a yearly dividend of 0.45%, AAON is not a good candidate for dividend investing.
AAON's Dividend Yield is comparable with the industry average which is at 1.41.
Compared to an average S&P500 Dividend Yield of 2.41, AAON's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.45% |
5.2 History
The dividend of AAON is nicely growing with an annual growth rate of 8.53%!
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.
The dividend of AAON is growing, but earnings are growing more, so the dividend growth is sustainable.
DP30.27%
EPS Next 2Y0.15%
EPS Next 3Y15.13%
93.2
-0.94 (-1%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryBuilding Products
Earnings (Last)
Earnings (Next)
Inst Owners79.01%
Inst Owner Change15.02%
Ins Owners0.73%
Ins Owner Change-3.24%
Market Cap7.60B
Revenue(TTM)1.32B
Net Income(TTM)100.56M
Analysts86.15
Price Target114.44 (22.79%)
Short Float %10.22%
Short Ratio6.12
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.45% |
Yearly Dividend0.32
Dividend Growth(5Y)8.53%
DP30.27%
Div Incr Years0
Div Non Decr Years0
Ex-Date
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)4.62%
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)15.37%
PT rev (3m)18.29%
EPS NQ rev (1m)-1.82%
EPS NQ rev (3m)-11.19%
EPS NY rev (1m)0%
EPS NY rev (3m)-10.24%
Revenue NQ rev (1m)-1.4%
Revenue NQ rev (3m)-1.38%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 73.97 | ||
| Fwd PE | 46.23 | ||
| P/S | 5.78 | ||
| P/FCF | N/A | ||
| P/OCF | N/A | ||
| P/B | 8.8 | ||
| P/tB | 10.87 | ||
| EV/EBITDA | 38.32 |
EPS(TTM)1.26
EY1.35%
EPS(NY)2.02
Fwd EY2.16%
FCF(TTM)-3.14
FCFYN/A
OCF(TTM)-0.22
OCFYN/A
SpS16.14
BVpS10.59
TBVpS8.58
PEG (NY)N/A
PEG (5Y)5.33
Graham Number17.32
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 | 9.07 |
F-Score2
WACC9.54%
ROIC/WACC0.86
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 3Y20.46%
EPS 5Y13.87%
EPS Q2Q%-41.27%
EPS Next Y-30.65%
EPS Next 2Y0.15%
EPS Next 3Y15.13%
EPS Next 5YN/A
Revenue 1Y (TTM)8.77%
Revenue growth 3Y30.96%
Revenue growth 5Y20.67%
Sales Q2Q%17.41%
Revenue Next Year10.18%
Revenue Next 2Y11.41%
Revenue Next 3Y12.21%
Revenue Next 5Y14.6%
EBIT growth 1Y-46.16%
EBIT growth 3Y44.5%
EBIT growth 5Y25.45%
EBIT Next Year0.46%
EBIT Next 3Y22.76%
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.
Can you provide the valuation status for AAON INC?
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 PE and PB ratios for AAON stock?
The Price/Earnings (PE) ratio for AAON INC (AAON) is 73.97 and the Price/Book (PB) ratio is 8.8.
What is the financial health of AAON INC (AAON) stock?
The financial health rating of AAON INC (AAON) is 6 / 10.