COLUMBUS MCKINNON CORP/NY (CMCO) Stock Fundamental Analysis
USA - NASDAQ:CMCO - US1993331057 - Common Stock
14.8 USD
-0.78 (-5.01%)
14.8 USD
0 (0%)
Overall CMCO gets a fundamental rating of 3 out of 10. We evaluated CMCO against 129 industry peers in the Machinery industry. CMCO may be in some trouble as it scores bad on both profitability and health. CMCO has a valuation in line with the averages, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
CMCO had positive earnings in the past year.
In the past year CMCO had a positive cash flow from operations.
Of the past 5 years CMCO 4 years were profitable.
Each year in the past 5 years CMCO had a positive operating cash flow.
1.2 Ratios
With a Return On Assets value of -0.88%, CMCO is not doing good in the industry: 70.54% of the companies in the same industry are doing better.
CMCO's Return On Equity of -1.72% is on the low side compared to the rest of the industry. CMCO is outperformed by 69.77% of its industry peers.
With a Return On Invested Capital value of 1.94%, CMCO is not doing good in the industry: 68.99% of the companies in the same industry are doing better.
Measured over the past 3 years, the Average Return On Invested Capital for CMCO is significantly below the industry average of 10.01%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -0.88% | ||
| ROE | -1.72% | ||
| ROIC | 1.94% |
ROA(3y)1.7%
ROA(5y)1.53%
ROE(3y)3.5%
ROE(5y)3.21%
ROIC(3y)4.53%
ROIC(5y)4.23%
1.3 Margins
CMCO has a Operating Margin of 4.06%. This is in the lower half of the industry: CMCO underperforms 65.12% of its industry peers.
CMCO's Operating Margin has declined in the last couple of years.
CMCO has a Gross Margin of 32.72%. This is comparable to the rest of the industry: CMCO outperforms 54.26% of its industry peers.
CMCO's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 4.06% | ||
| PM (TTM) | N/A | ||
| GM | 32.72% |
OM growth 3Y-8.87%
OM growth 5Y-9.54%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-1.33%
GM growth 5Y-0.68%
2. Health
2.1 Basic Checks
CMCO has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
Compared to 1 year ago, CMCO has less shares outstanding
The number of shares outstanding for CMCO has been increased compared to 5 years ago.
Compared to 1 year ago, CMCO has an improved debt to assets ratio.
2.2 Solvency
Based on the Altman-Z score of 1.37, we must say that CMCO is in the distress zone and has some risk of bankruptcy.
CMCO has a worse Altman-Z score (1.37) than 78.29% of its industry peers.
The Debt to FCF ratio of CMCO is 25.97, which is on the high side as it means it would take CMCO, 25.97 years of fcf income to pay off all of its debts.
With a Debt to FCF ratio value of 25.97, CMCO is not doing good in the industry: 68.22% of the companies in the same industry are doing better.
CMCO has a Debt/Equity ratio of 0.46. This is a healthy value indicating a solid balance between debt and equity.
CMCO has a Debt to Equity ratio (0.46) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.46 | ||
| Debt/FCF | 25.97 | ||
| Altman-Z | 1.37 |
ROIC/WACC0.21
WACC9.05%
2.3 Liquidity
CMCO has a Current Ratio of 1.85. This is a normal value and indicates that CMCO is financially healthy and should not expect problems in meeting its short term obligations.
Looking at the Current ratio, with a value of 1.85, CMCO is in line with its industry, outperforming 40.31% of the companies in the same industry.
A Quick Ratio of 1.01 indicates that CMCO should not have too much problems paying its short term obligations.
CMCO has a worse Quick ratio (1.01) than 62.79% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.85 | ||
| Quick Ratio | 1.01 |
3. Growth
3.1 Past
The earnings per share for CMCO have decreased strongly by -17.77% in the last year.
CMCO shows a decrease in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -2.19% yearly.
Looking at the last year, CMCO shows a decrease in Revenue. The Revenue has decreased by -5.75% in the last year.
The Revenue has been growing slightly by 3.54% on average over the past years.
EPS 1Y (TTM)-17.77%
EPS 3Y-4.19%
EPS 5Y-2.19%
EPS Q2Q%-19.35%
Revenue 1Y (TTM)-5.75%
Revenue growth 3Y2.03%
Revenue growth 5Y3.54%
Sales Q2Q%-1.59%
3.2 Future
Based on estimates for the next years, CMCO will show a quite strong growth in Earnings Per Share. The EPS will grow by 8.73% on average per year.
Based on estimates for the next years, CMCO will show a small growth in Revenue. The Revenue will grow by 2.93% on average per year.
EPS Next Y1.15%
EPS Next 2Y8.73%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year0.88%
Revenue Next 2Y2.93%
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
The Revenue growth rate is stable: in the next years the growth will be about the same than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
CMCO is valuated cheaply with a Price/Earnings ratio of 6.27.
96.90% of the companies in the same industry are more expensive than CMCO, based on the Price/Earnings ratio.
CMCO's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 27.31.
With a Price/Forward Earnings ratio of 5.05, the valuation of CMCO can be described as very cheap.
99.22% of the companies in the same industry are more expensive than CMCO, based on the Price/Forward Earnings ratio.
CMCO's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 22.85.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.27 | ||
| Fwd PE | 5.05 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, CMCO is valued a bit cheaper than 78.29% of the companies in the same industry.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of CMCO is on the same level as its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 23.32 | ||
| EV/EBITDA | 10.2 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates CMCO does not grow enough to justify the current Price/Earnings ratio.
PEG (NY)5.45
PEG (5Y)N/A
EPS Next 2Y8.73%
EPS Next 3YN/A
5. Dividend
5.1 Amount
CMCO has a Yearly Dividend Yield of 1.90%.
Compared to an average industry Dividend Yield of 1.81, CMCO pays a better dividend. On top of this CMCO pays more dividend than 82.95% of the companies listed in the same industry.
Compared to the average S&P500 Dividend Yield of 2.40, CMCO is paying slightly less dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.9% |
5.2 History
The dividend of CMCO has a limited annual growth rate of 3.01%.
CMCO has paid a dividend for at least 10 years, which is a reliable track record.
CMCO has not decreased their dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)3.01%
Div Incr Years0
Div Non Decr Years10
5.3 Sustainability
CMCO has negative earnings and hence a negative payout ratio. The dividend may be in danger.
CMCO's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP-51.25%
EPS Next 2Y8.73%
EPS Next 3YN/A
14.8
-0.78 (-5.01%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryMachinery
Earnings (Last)
Earnings (Next)
Inst Owners95.92%
Inst Owner Change2.06%
Ins Owners2.32%
Ins Owner Change10.22%
Market Cap425.20M
Analysts82
Price Target28.56 (92.97%)
Short Float %2.09%
Short Ratio1.66
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.9% |
Yearly Dividend0.28
Dividend Growth(5Y)3.01%
DP-51.25%
Div Incr Years0
Div Non Decr Years10
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)3.07%
Min EPS beat(2)1.29%
Max EPS beat(2)4.85%
EPS beat(4)2
Avg EPS beat(4)-5.01%
Min EPS beat(4)-24.79%
Max EPS beat(4)4.85%
EPS beat(8)4
Avg EPS beat(8)-2.44%
EPS beat(12)6
Avg EPS beat(12)-0.14%
EPS beat(16)8
Avg EPS beat(16)0.98%
Revenue beat(2)1
Avg Revenue beat(2)-1.51%
Min Revenue beat(2)-3.2%
Max Revenue beat(2)0.18%
Revenue beat(4)1
Avg Revenue beat(4)-4.08%
Min Revenue beat(4)-8.79%
Max Revenue beat(4)0.18%
Revenue beat(8)1
Avg Revenue beat(8)-2.84%
Revenue beat(12)1
Avg Revenue beat(12)-2.55%
Revenue beat(16)2
Avg Revenue beat(16)-2.36%
PT rev (1m)0%
PT rev (3m)0%
EPS NQ rev (1m)-0.62%
EPS NQ rev (3m)-9.32%
EPS NY rev (1m)0.42%
EPS NY rev (3m)-0.83%
Revenue NQ rev (1m)0.15%
Revenue NQ rev (3m)0.03%
Revenue NY rev (1m)0.27%
Revenue NY rev (3m)-6.3%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.27 | ||
| Fwd PE | 5.05 | ||
| P/S | 0.44 | ||
| P/FCF | 23.32 | ||
| P/OCF | 11.13 | ||
| P/B | 0.47 | ||
| P/tB | N/A | ||
| EV/EBITDA | 10.2 |
EPS(TTM)2.36
EY15.95%
EPS(NY)2.93
Fwd EY19.81%
FCF(TTM)0.63
FCFY4.29%
OCF(TTM)1.33
OCFY8.99%
SpS33.39
BVpS31.7
TBVpS-6.35
PEG (NY)5.45
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -0.88% | ||
| ROE | -1.72% | ||
| ROCE | 2.56% | ||
| ROIC | 1.94% | ||
| ROICexc | 1.98% | ||
| ROICexgc | 7.41% | ||
| OM | 4.06% | ||
| PM (TTM) | N/A | ||
| GM | 32.72% | ||
| FCFM | 1.9% |
ROA(3y)1.7%
ROA(5y)1.53%
ROE(3y)3.5%
ROE(5y)3.21%
ROIC(3y)4.53%
ROIC(5y)4.23%
ROICexc(3y)4.88%
ROICexc(5y)4.69%
ROICexgc(3y)20%
ROICexgc(5y)19.27%
ROCE(3y)5.98%
ROCE(5y)5.59%
ROICexcg growth 3Y-14.36%
ROICexcg growth 5Y-10.55%
ROICexc growth 3Y-9.39%
ROICexc growth 5Y-16.09%
OM growth 3Y-8.87%
OM growth 5Y-9.54%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-1.33%
GM growth 5Y-0.68%
F-Score4
Asset Turnover0.54
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.46 | ||
| Debt/FCF | 25.97 | ||
| Debt/EBITDA | 4.83 | ||
| Cap/Depr | 41.11% | ||
| Cap/Sales | 2.08% | ||
| Interest Coverage | 1.28 | ||
| Cash Conversion | 43.66% | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.85 | ||
| Quick Ratio | 1.01 | ||
| Altman-Z | 1.37 |
F-Score4
WACC9.05%
ROIC/WACC0.21
Cap/Depr(3y)42.84%
Cap/Depr(5y)40.68%
Cap/Sales(3y)2.01%
Cap/Sales(5y)1.87%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-17.77%
EPS 3Y-4.19%
EPS 5Y-2.19%
EPS Q2Q%-19.35%
EPS Next Y1.15%
EPS Next 2Y8.73%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)-5.75%
Revenue growth 3Y2.03%
Revenue growth 5Y3.54%
Sales Q2Q%-1.59%
Revenue Next Year0.88%
Revenue Next 2Y2.93%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y-63.59%
EBIT growth 3Y-7.01%
EBIT growth 5Y-6.33%
EBIT Next Year45.03%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-70.92%
FCF growth 3Y-12.24%
FCF growth 5Y-24.31%
OCF growth 1Y-50.75%
OCF growth 3Y-2.29%
OCF growth 5Y-15.65%