93.48 USD
+0.28 (+0.3%)
93.48 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. AAON has an average financial health and profitability rating. AAON is valied quite expensively at the moment, while it does show a decent growth rate.
1. Profitability
1.1 Basic Checks
AAON had positive earnings in the past year.
AAON had a negative operating cash flow in the past year.
In the past 5 years AAON has always been profitable.
Each year in the past 5 years AAON had a positive operating cash flow.
1.2 Ratios
AAON has a Return On Assets of 6.56%. This is comparable to the rest of the industry: AAON outperforms 53.66% of its industry peers.
AAON has a Return On Equity (11.65%) which is comparable to the rest of the industry.
Looking at the Return On Invested Capital, with a value of 8.17%, AAON is in line with its industry, outperforming 43.90% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for AAON is significantly above the industry average of 12.49%.
The 3 year average ROIC (18.30%) for AAON is well above the current ROIC(8.17%). The reason for the recent decline needs to be investigated.
| 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.
In the last couple of years the Profit Margin of AAON has grown nicely.
AAON has a Operating Margin (9.98%) which is comparable to the rest of the industry.
In the last couple of years the Operating Margin of AAON has grown nicely.
The Gross Margin of AAON (26.88%) is worse than 63.41% of its industry peers.
In the last couple of years the Gross Margin of AAON has grown nicely.
| 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
AAON has a Return on Invested Capital (ROIC), which is well above the Cost of Capital (WACC), which means it is creating value.
The number of shares outstanding for AAON remains at a similar level compared to 1 year ago.
AAON has more shares outstanding than it did 5 years ago.
AAON has a worse debt/assets ratio than last year.
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/WACC0.85
WACC9.56%
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.
AAON's Current ratio of 3.04 is fine compared to the rest of the industry. AAON outperforms 78.05% of its industry peers.
A Quick Ratio of 2.03 indicates that AAON has no problem at all paying its short term obligations.
AAON's Quick ratio of 2.03 is amongst the best of the industry. AAON outperforms 82.93% of its industry peers.
| 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%.
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.
AAON shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 8.77%.
Measured over the past years, AAON shows a very strong growth in Revenue. The Revenue has been growing by 20.67% on average per year.
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.
Based on estimates for the next years, AAON will show a quite strong growth in Revenue. The Revenue will grow by 14.60% on average per year.
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
AAON is valuated quite expensively with a Price/Earnings ratio of 74.19.
Based on the Price/Earnings ratio, AAON is valued a bit more expensive than the industry average as 78.05% of the companies are valued more cheaply.
Compared to an average S&P500 Price/Earnings ratio of 26.31, AAON is valued quite expensively.
Based on the Price/Forward Earnings ratio of 46.36, the valuation of AAON can be described as expensive.
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.
The average S&P500 Price/Forward Earnings ratio is at 36.59. AAON is valued slightly more expensive when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 74.19 | ||
| Fwd PE | 46.36 |
4.2 Price Multiples
80.49% 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 | 38.32 |
4.3 Compensation for Growth
AAON has a very decent profitability rating, which 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)5.35
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 2.40, AAON's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.45% |
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 2Y0.15%
EPS Next 3Y15.13%
93.48
+0.28 (+0.3%)
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 Cap7.62B
Revenue(TTM)1.32B
Net Income(TTM)100.56M
Analysts86.15
Price Target114.44 (22.42%)
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 | 74.19 | ||
| Fwd PE | 46.36 | ||
| P/S | 5.79 | ||
| P/FCF | N/A | ||
| P/OCF | N/A | ||
| P/B | 8.83 | ||
| P/tB | 10.9 | ||
| 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)5.35
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
WACC9.56%
ROIC/WACC0.85
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 74.19 and the Price/Book (PB) ratio is 8.83.
What is the financial health of AAON INC (AAON) stock?
The financial health rating of AAON INC (AAON) is 6 / 10.