COLUMBUS MCKINNON CORP/NY (CMCO) Stock Fundamental Analysis
NASDAQ:CMCO - US1993331057 - Common Stock
14.98 USD
-0.24 (-1.58%)
14.98 USD
0 (0%)
Taking everything into account, CMCO scores 3 out of 10 in our fundamental rating. CMCO was compared to 128 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 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: 71.09% 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 70.31% of its industry peers.
The Return On Invested Capital of CMCO (1.94%) is worse than 69.53% of its industry peers.
CMCO had an Average Return On Invested Capital over the past 3 years of 4.53%. This is significantly below the industry average of 9.99%.
| 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
Looking at the Operating Margin, with a value of 4.06%, CMCO is doing worse than 65.63% of the companies in the same industry.
In the last couple of years the Operating Margin of CMCO has declined.
The Gross Margin of CMCO (32.72%) is comparable to the rest of the industry.
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
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), CMCO is destroying value.
Compared to 1 year ago, CMCO has less shares outstanding
Compared to 5 years ago, CMCO has more shares outstanding
CMCO has a better debt/assets ratio than last year.
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.
CMCO has a worse Altman-Z score (1.36) than 77.34% 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.
Looking at the Debt to FCF ratio, with a value of 25.97, CMCO is doing worse than 70.31% of the companies in the same industry.
A Debt/Equity ratio of 0.46 indicates that CMCO is not too dependend on debt financing.
Looking at the Debt to Equity ratio, with a value of 0.46, CMCO is in line with its industry, outperforming 48.44% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.46 | ||
| Debt/FCF | 25.97 | ||
| Altman-Z | 1.36 |
ROIC/WACC0.2
WACC9.72%
2.3 Liquidity
A Current Ratio of 1.85 indicates that CMCO should not have too much problems paying its short term obligations.
CMCO has a Current ratio (1.85) which is in line with its industry peers.
A Quick Ratio of 1.01 indicates that CMCO should not have too much problems paying its short term obligations.
Looking at the Quick ratio, with a value of 1.01, CMCO is doing worse than 62.50% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.85 | ||
| Quick Ratio | 1.01 |
3. Growth
3.1 Past
CMCO shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -17.77%.
The Earnings Per Share has been decreasing by -2.19% on average over the past years.
The Revenue has decreased by -5.75% in the past 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
The Earnings Per Share is expected to grow by 7.29% on average over the next years.
CMCO is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 2.33% yearly.
EPS Next Y0.72%
EPS Next 2Y7.29%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year0.6%
Revenue Next 2Y2.33%
Revenue Next 3YN/A
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.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 6.35, which indicates a rather cheap valuation of CMCO.
Based on the Price/Earnings ratio, CMCO is valued cheaper than 97.66% of the companies in the same industry.
When comparing the Price/Earnings ratio of CMCO to the average of the S&P500 Index (27.13), we can say CMCO is valued rather cheaply.
Based on the Price/Forward Earnings ratio of 5.25, 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.
Compared to an average S&P500 Price/Forward Earnings ratio of 22.76, CMCO is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.35 | ||
| Fwd PE | 5.25 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, CMCO is valued cheaper than 80.47% 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 | 23.6 | ||
| EV/EBITDA | 10 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
PEG (NY)8.76
PEG (5Y)N/A
EPS Next 2Y7.29%
EPS Next 3YN/A
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 1.84%, CMCO has a reasonable but not impressive dividend return.
CMCO's Dividend Yield is rather good when compared to the industry average which is at 1.78. CMCO pays more dividend than 82.03% of the companies in the same industry.
Compared to the average S&P500 Dividend Yield of 2.32, CMCO is paying slightly less dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.84% |
5.2 History
The dividend of CMCO has a limited annual growth rate of 3.01%.
CMCO has been paying a dividend for at least 10 years, so it has 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
The earnings of CMCO are negative and hence is the payout ratio. CMCO will probably not be able to sustain this dividend level.
The dividend of CMCO is growing, but earnings are growing more, so the dividend growth is sustainable.
DP-51.25%
EPS Next 2Y7.29%
EPS Next 3YN/A
14.98
-0.24 (-1.58%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryMachinery
Earnings (Last)
Earnings (Next)
Inst Owners97.6%
Inst Owner Change-2.49%
Ins Owners2.32%
Ins Owner Change12.14%
Market Cap430.38M
Analysts82
Price Target28.56 (90.65%)
Short Float %2.23%
Short Ratio1.65
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.84% |
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)-7.69%
EPS NQ rev (1m)-8.75%
EPS NQ rev (3m)-23.77%
EPS NY rev (1m)-1.25%
EPS NY rev (3m)-9.46%
Revenue NQ rev (1m)-0.11%
Revenue NQ rev (3m)-3.23%
Revenue NY rev (1m)-6.56%
Revenue NY rev (3m)-13.86%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.35 | ||
| Fwd PE | 5.25 | ||
| P/S | 0.45 | ||
| P/FCF | 23.6 | ||
| P/OCF | 11.26 | ||
| P/B | 0.47 | ||
| P/tB | N/A | ||
| EV/EBITDA | 10 |
EPS(TTM)2.36
EY15.75%
EPS(NY)2.85
Fwd EY19.06%
FCF(TTM)0.63
FCFY4.24%
OCF(TTM)1.33
OCFY8.88%
SpS33.39
BVpS31.7
TBVpS-6.35
PEG (NY)8.76
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 | 1.36 |
F-Score4
WACC9.72%
ROIC/WACC0.2
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 Y0.72%
EPS Next 2Y7.29%
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 Year0.6%
Revenue Next 2Y2.33%
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 Year44.34%
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%