COLUMBUS MCKINNON CORP/NY (CMCO) Stock Fundamental Analysis
NASDAQ:CMCO - Nasdaq - US1993331057 - Common Stock - Currency: USD
Taking everything into account, CMCO scores 4 out of 10 in our fundamental rating. CMCO was compared to 128 industry peers in the Machinery industry. While CMCO is still in line with the averages on profitability rating, there are concerns on its financial health. CMCO is valued quite cheap, while showing a decent growth score. This is a good combination!
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.
CMCO had positive earnings in each of the past 5 years.
Each year in the past 5 years CMCO had a positive operating cash flow.
1.2 Ratios
Looking at the Return On Assets, with a value of 0.55%, CMCO is doing worse than 67.19% of the companies in the same industry.
With a Return On Equity value of 1.07%, CMCO is not doing good in the industry: 65.63% of the companies in the same industry are doing better.
Looking at the Return On Invested Capital, with a value of 3.54%, CMCO is doing worse than 64.06% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for CMCO is significantly below the industry average of 10.31%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.55% | ||
| ROE | 1.07% | ||
| ROIC | 3.54% |
ROA(3y)2.39%
ROA(5y)2.68%
ROE(3y)4.98%
ROE(5y)5.91%
ROIC(3y)4.5%
ROIC(5y)4.67%
1.3 Margins
CMCO has a Profit Margin of 0.95%. This is in the lower half of the industry: CMCO underperforms 64.84% of its industry peers.
CMCO's Profit Margin has been stable in the last couple of years.
CMCO's Operating Margin of 7.65% is in line compared to the rest of the industry. CMCO outperforms 47.66% of its industry peers.
CMCO's Operating Margin has been stable in the last couple of years.
With a decent Gross Margin value of 34.65%, CMCO is doing good in the industry, outperforming 60.94% of the companies in the same industry.
CMCO's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 7.65% | ||
| PM (TTM) | 0.95% | ||
| GM | 34.65% |
OM growth 3Y17.53%
OM growth 5Y-0.52%
PM growth 3Y48.64%
PM growth 5Y-1.1%
GM growth 3Y2.95%
GM growth 5Y1.22%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so CMCO is destroying value.
CMCO has more shares outstanding than it did 1 year ago.
CMCO has more shares outstanding than it did 5 years ago.
The debt/assets ratio for CMCO is higher compared to a year ago.
2.2 Solvency
Based on the Altman-Z score of 1.55, we must say that CMCO is in the distress zone and has some risk of bankruptcy.
Looking at the Altman-Z score, with a value of 1.55, CMCO is doing worse than 75.00% of the companies in the same industry.
CMCO has a debt to FCF ratio of 19.54. This is a negative value and a sign of low solvency as CMCO would need 19.54 years to pay back of all of its debts.
CMCO has a Debt to FCF ratio of 19.54. This is in the lower half of the industry: CMCO underperforms 66.41% of its industry peers.
CMCO has a Debt/Equity ratio of 0.50. This is a healthy value indicating a solid balance between debt and equity.
With a Debt to Equity ratio value of 0.50, CMCO perfoms like the industry average, outperforming 46.09% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.5 | ||
| Debt/FCF | 19.54 | ||
| Altman-Z | 1.55 |
ROIC/WACC0.36
WACC9.83%
2.3 Liquidity
CMCO has a Current Ratio of 2.03. This indicates that CMCO is financially healthy and has no problem in meeting its short term obligations.
Looking at the Current ratio, with a value of 2.03, CMCO is in line with its industry, outperforming 50.00% of the companies in the same industry.
CMCO has a Quick Ratio of 1.10. 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 Quick ratio, with a value of 1.10, CMCO is in line with its industry, outperforming 42.19% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.03 | ||
| Quick Ratio | 1.1 |
3. Growth
3.1 Past
The earnings per share for CMCO have decreased by -9.93% in the last year.
Measured over the past 5 years, CMCO shows a small growth in Earnings Per Share. The EPS has been growing by 0.93% on average per year.
The Revenue has decreased by -2.02% in the past year.
Measured over the past years, CMCO shows a small growth in Revenue. The Revenue has been growing by 2.95% on average per year.
EPS 1Y (TTM)-9.93%
EPS 3Y34.86%
EPS 5Y0.93%
EPS Q2Q%-24.32%
Revenue 1Y (TTM)-2.02%
Revenue growth 3Y15.98%
Revenue growth 5Y2.95%
Sales Q2Q%-7.87%
3.2 Future
CMCO is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 3.80% yearly.
Based on estimates for the next years, CMCO will show a quite strong growth in Revenue. The Revenue will grow by 11.47% on average per year.
EPS Next Y-12.38%
EPS Next 2Y-1.95%
EPS Next 3Y3.8%
EPS Next 5YN/A
Revenue Next Year-4.88%
Revenue Next 2Y5.4%
Revenue Next 3Y11.47%
Revenue Next 5YN/A
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 6.25, the valuation of CMCO can be described as very cheap.
Based on the Price/Earnings ratio, CMCO is valued cheaply inside the industry as 96.88% of the companies are valued more expensively.
CMCO is valuated cheaply when we compare the Price/Earnings ratio to 26.03, which is the current average of the S&P500 Index.
With a Price/Forward Earnings ratio of 5.96, the valuation of CMCO can be described as very cheap.
Based on the Price/Forward Earnings ratio, CMCO is valued cheaply inside the industry as 96.88% of the companies are valued more expensively.
Compared to an average S&P500 Price/Forward Earnings ratio of 21.94, CMCO is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.25 | ||
| Fwd PE | 5.96 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, CMCO is valued cheaply inside the industry as 85.16% of the companies are valued more expensively.
Based on the Price/Free Cash Flow ratio, CMCO is valued a bit cheaper than the industry average as 66.41% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 18.92 | ||
| EV/EBITDA | 7.71 |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)6.71
EPS Next 2Y-1.95%
EPS Next 3Y3.8%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 1.59%, CMCO has a reasonable but not impressive dividend return.
CMCO's Dividend Yield is a higher than the industry average which is at 1.83.
CMCO's Dividend Yield is slightly below the S&P500 average, which is at 2.36.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.59% |
5.2 History
The dividend of CMCO is nicely growing with an annual growth rate of 6.71%!
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)6.71%
Div Incr Years2
Div Non Decr Years10
5.3 Sustainability
CMCO pays out 86.11% of its income as dividend. This is not a sustainable payout ratio.
CMCO's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP86.11%
EPS Next 2Y-1.95%
EPS Next 3Y3.8%
16.44
-1.21 (-6.86%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryMachinery
Earnings (Last)
Earnings (Next)
Inst Owners102.93%
Inst Owner Change2.78%
Ins Owners1.48%
Ins Owner Change3.75%
Market Cap470.35M
Analysts82
Price Target30.94 (88.2%)
Short Float %2.57%
Short Ratio1.32
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.59% |
Yearly Dividend0.28
Dividend Growth(5Y)6.71%
DP86.11%
Div Incr Years2
Div Non Decr Years10
Ex-Date
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-13.09%
Min EPS beat(2)-24.79%
Max EPS beat(2)-1.4%
EPS beat(4)0
Avg EPS beat(4)-9.58%
Min EPS beat(4)-24.79%
Max EPS beat(4)-0.06%
EPS beat(8)3
Avg EPS beat(8)-2.82%
EPS beat(12)5
Avg EPS beat(12)0.34%
EPS beat(16)7
Avg EPS beat(16)3.97%
Revenue beat(2)0
Avg Revenue beat(2)-6.65%
Min Revenue beat(2)-8.79%
Max Revenue beat(2)-4.51%
Revenue beat(4)0
Avg Revenue beat(4)-4.63%
Min Revenue beat(4)-8.79%
Max Revenue beat(4)-2.58%
Revenue beat(8)0
Avg Revenue beat(8)-2.82%
Revenue beat(12)1
Avg Revenue beat(12)-2.25%
Revenue beat(16)2
Avg Revenue beat(16)-2.34%
PT rev (1m)-9.9%
PT rev (3m)-38.1%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-18.2%
EPS NY rev (1m)0%
EPS NY rev (3m)-7.45%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-2.86%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-4.6%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.25 | ||
| Fwd PE | 5.96 | ||
| P/S | 0.48 | ||
| P/FCF | 18.92 | ||
| P/OCF | 9.68 | ||
| P/B | 0.54 | ||
| P/tB | N/A | ||
| EV/EBITDA | 7.71 |
EPS(TTM)2.63
EY16%
EPS(NY)2.76
Fwd EY16.78%
FCF(TTM)0.87
FCFY5.29%
OCF(TTM)1.7
OCFY10.33%
SpS34.31
BVpS30.46
TBVpS-6.54
PEG (NY)N/A
PEG (5Y)6.71
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.55% | ||
| ROE | 1.07% | ||
| ROCE | 5.03% | ||
| ROIC | 3.54% | ||
| ROICexc | 3.64% | ||
| ROICexgc | 13.44% | ||
| OM | 7.65% | ||
| PM (TTM) | 0.95% | ||
| GM | 34.65% | ||
| FCFM | 2.53% |
ROA(3y)2.39%
ROA(5y)2.68%
ROE(3y)4.98%
ROE(5y)5.91%
ROIC(3y)4.5%
ROIC(5y)4.67%
ROICexc(3y)4.9%
ROICexc(5y)5.26%
ROICexgc(3y)21.1%
ROICexgc(5y)19.81%
ROCE(3y)6.39%
ROCE(5y)6.63%
ROICexcg growth 3Y16.28%
ROICexcg growth 5Y-6.59%
ROICexc growth 3Y10.12%
ROICexc growth 5Y-9.55%
OM growth 3Y17.53%
OM growth 5Y-0.52%
PM growth 3Y48.64%
PM growth 5Y-1.1%
GM growth 3Y2.95%
GM growth 5Y1.22%
F-Score7
Asset Turnover0.57
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.5 | ||
| Debt/FCF | 19.54 | ||
| Debt/EBITDA | 3.53 | ||
| Cap/Depr | 49.34% | ||
| Cap/Sales | 2.42% | ||
| Interest Coverage | 2.33 | ||
| Cash Conversion | 39.45% | ||
| Profit Quality | 265.76% | ||
| Current Ratio | 2.03 | ||
| Quick Ratio | 1.1 | ||
| Altman-Z | 1.55 |
F-Score7
WACC9.83%
ROIC/WACC0.36
Cap/Depr(3y)38.45%
Cap/Depr(5y)38.25%
Cap/Sales(3y)1.75%
Cap/Sales(5y)1.66%
Profit Quality(3y)119.38%
Profit Quality(5y)294.59%
High Growth Momentum
Growth
EPS 1Y (TTM)-9.93%
EPS 3Y34.86%
EPS 5Y0.93%
EPS Q2Q%-24.32%
EPS Next Y-12.38%
EPS Next 2Y-1.95%
EPS Next 3Y3.8%
EPS Next 5YN/A
Revenue 1Y (TTM)-2.02%
Revenue growth 3Y15.98%
Revenue growth 5Y2.95%
Sales Q2Q%-7.87%
Revenue Next Year-4.88%
Revenue Next 2Y5.4%
Revenue Next 3Y11.47%
Revenue Next 5YN/A
EBIT growth 1Y-31.25%
EBIT growth 3Y36.32%
EBIT growth 5Y2.41%
EBIT Next Year21.08%
EBIT Next 3Y36.65%
EBIT Next 5YN/A
FCF growth 1Y-14.27%
FCF growth 3Y-21.19%
FCF growth 5Y-8.81%
OCF growth 1Y15.46%
OCF growth 3Y-12.09%
OCF growth 5Y-3.31%