COLUMBUS MCKINNON CORP/NY (CMCO) Stock Fundamental Analysis
USA - NASDAQ:CMCO - US1993331057 - Common Stock
14.95 USD
-0.45 (-2.92%)
15.04 USD
+0.09 (+0.6%)
CMCO gets a fundamental rating of 3 out of 10. The analysis compared the fundamentals against 130 industry peers in the Machinery industry. Both the profitability and financial health of CMCO have multiple concerns. CMCO has a valuation in line with the averages, but on the other hand it scores bad on growth.
1. Profitability
1.1 Basic Checks
In the past year CMCO was profitable.
In the past year CMCO had a positive cash flow from operations.
Of the past 5 years CMCO 4 years were profitable.
In the past 5 years CMCO always reported a positive cash flow from operatings.
1.2 Ratios
With a Return On Assets value of -0.88%, CMCO is not doing good in the industry: 73.08% of the companies in the same industry are doing better.
CMCO has a Return On Equity of -1.72%. This is in the lower half of the industry: CMCO underperforms 71.54% of its industry peers.
Looking at the Return On Invested Capital, with a value of 1.94%, CMCO is doing worse than 70.00% of the companies in the same industry.
CMCO had an Average Return On Invested Capital over the past 3 years of 4.53%. This is significantly below the industry average of 10.28%.
| 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 worse Operating Margin (4.06%) than 66.15% of its industry peers.
CMCO's Operating Margin has declined in the last couple of years.
CMCO's Gross Margin of 32.72% is in line compared to the rest of the industry. CMCO outperforms 54.62% 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
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so CMCO is destroying value.
The number of shares outstanding for CMCO has been reduced compared to 1 year ago.
The number of shares outstanding for CMCO has been increased compared to 5 years ago.
The debt/assets ratio for CMCO has been reduced compared to a year ago.
2.2 Solvency
Based on the Altman-Z score of 1.36, we must say that CMCO is in the distress zone and has some risk of bankruptcy.
The Altman-Z score of CMCO (1.36) is worse than 75.38% of its industry peers.
CMCO has a debt to FCF ratio of 25.97. This is a negative value and a sign of low solvency as CMCO would need 25.97 years to pay back of all of its debts.
CMCO has a worse Debt to FCF ratio (25.97) than 66.92% of its industry peers.
CMCO has a Debt/Equity ratio of 0.46. This is a healthy value indicating a solid balance between debt and equity.
With a Debt to Equity ratio value of 0.46, CMCO perfoms like the industry average, outperforming 48.46% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.46 | ||
| Debt/FCF | 25.97 | ||
| Altman-Z | 1.36 |
ROIC/WACC0.21
WACC9.03%
2.3 Liquidity
A Current Ratio of 1.85 indicates that CMCO should not have too much problems paying its short term obligations.
CMCO's Current ratio of 1.85 is on the low side compared to the rest of the industry. CMCO is outperformed by 60.00% of its industry peers.
CMCO has a Quick Ratio of 1.01. This is a normal value and indicates that CMCO is financially healthy and should not expect problems in meeting its short term obligations.
CMCO's Quick ratio of 1.01 is on the low side compared to the rest of the industry. CMCO is outperformed by 62.31% 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 -18.86% 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.
CMCO shows a decrease in Revenue. In the last year, the revenue decreased by -4.98%.
CMCO shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 3.54% yearly.
EPS 1Y (TTM)-18.86%
EPS 3Y-4.19%
EPS 5Y-2.19%
EPS Q2Q%-11.43%
Revenue 1Y (TTM)-4.98%
Revenue growth 3Y2.03%
Revenue growth 5Y3.54%
Sales Q2Q%7.75%
3.2 Future
Based on estimates for the next years, CMCO will show a small growth in Earnings Per Share. The EPS will grow by 7.31% on average per year.
CMCO is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 3.08% yearly.
EPS Next Y2.25%
EPS Next 2Y7.31%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year1.98%
Revenue Next 2Y3.08%
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
The Price/Earnings ratio is 6.56, which indicates a rather cheap valuation of CMCO.
CMCO's Price/Earnings ratio is rather cheap when compared to the industry. CMCO is cheaper than 95.38% of the companies in the same industry.
When comparing the Price/Earnings ratio of CMCO to the average of the S&P500 Index (25.89), we can say CMCO is valued rather cheaply.
Based on the Price/Forward Earnings ratio of 5.24, the valuation of CMCO can be described as very cheap.
Based on the Price/Forward Earnings ratio, CMCO is valued cheaper than 99.23% of the companies in the same industry.
CMCO's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 34.59.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.56 | ||
| Fwd PE | 5.24 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, CMCO is valued a bit cheaper than 72.31% 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 | 23.56 | ||
| EV/EBITDA | 10.14 |
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)2.92
PEG (5Y)N/A
EPS Next 2Y7.31%
EPS Next 3YN/A
5. Dividend
5.1 Amount
CMCO has a Yearly Dividend Yield of 1.79%.
Compared to an average industry Dividend Yield of 1.86, CMCO pays a better dividend. On top of this CMCO pays more dividend than 81.54% of the companies listed in the same industry.
Compared to the average S&P500 Dividend Yield of 2.36, CMCO is paying slightly less dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.79% |
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 its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.
Dividend Growth(5Y)3.01%
Div Incr Years0
Div Non Decr Years10
5.3 Sustainability
The earnings of CMCO are negative and hence is the payout ratio. CMCO will probably not be able to sustain this dividend level.
CMCO's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP-51.25%
EPS Next 2Y7.31%
EPS Next 3YN/A
14.95
-0.45 (-2.92%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryMachinery
Earnings (Last)
Earnings (Next)
Inst Owners95.92%
Inst Owner Change0.72%
Ins Owners2.32%
Ins Owner Change10.22%
Market Cap429.51M
Revenue(TTM)963.03M
Net Income(TTM)-15.66M
Analysts82
Price Target28.56 (91.04%)
Short Float %2.52%
Short Ratio2.33
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.79% |
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%
EPS NQ rev (3m)-9.32%
EPS NY rev (1m)1.08%
EPS NY rev (3m)0.24%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0.03%
Revenue NY rev (1m)1.09%
Revenue NY rev (3m)-5.28%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.56 | ||
| Fwd PE | 5.24 | ||
| P/S | 0.45 | ||
| P/FCF | 23.56 | ||
| P/OCF | 11.24 | ||
| P/B | 0.47 | ||
| P/tB | N/A | ||
| EV/EBITDA | 10.14 |
EPS(TTM)2.28
EY15.25%
EPS(NY)2.86
Fwd EY19.1%
FCF(TTM)0.63
FCFY4.25%
OCF(TTM)1.33
OCFY8.9%
SpS33.39
BVpS31.7
TBVpS-6.35
PEG (NY)2.92
PEG (5Y)N/A
Graham Number40.33
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%
ROICexgc growth 3Y-14.36%
ROICexgc 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 | 1.36 |
F-Score4
WACC9.03%
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)-18.86%
EPS 3Y-4.19%
EPS 5Y-2.19%
EPS Q2Q%-11.43%
EPS Next Y2.25%
EPS Next 2Y7.31%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)-4.98%
Revenue growth 3Y2.03%
Revenue growth 5Y3.54%
Sales Q2Q%7.75%
Revenue Next Year1.98%
Revenue Next 2Y3.08%
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%
COLUMBUS MCKINNON CORP/NY / CMCO FAQ
What is the fundamental rating for CMCO stock?
ChartMill assigns a fundamental rating of 3 / 10 to CMCO.
Can you provide the valuation status for COLUMBUS MCKINNON CORP/NY?
ChartMill assigns a valuation rating of 6 / 10 to COLUMBUS MCKINNON CORP/NY (CMCO). This can be considered as Fairly Valued.
How profitable is COLUMBUS MCKINNON CORP/NY (CMCO) stock?
COLUMBUS MCKINNON CORP/NY (CMCO) has a profitability rating of 2 / 10.
How financially healthy is COLUMBUS MCKINNON CORP/NY?
The financial health rating of COLUMBUS MCKINNON CORP/NY (CMCO) is 3 / 10.
Can you provide the dividend sustainability for CMCO stock?
The dividend rating of COLUMBUS MCKINNON CORP/NY (CMCO) is 5 / 10 and the dividend payout ratio is -51.25%.