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COMMERCIAL VEHICLE GROUP INC (CVGI) Stock Fundamental Analysis

NASDAQ:CVGI - Nasdaq - US2026081057 - Common Stock - Currency: USD

1.27  -0.05 (-3.79%)

After market: 1.3 +0.03 (+2.36%)

Fundamental Rating

2

We assign a fundamental rating of 2 out of 10 to CVGI. CVGI was compared to 128 industry peers in the Machinery industry. Both the profitability and financial health of CVGI have multiple concerns. CVGI has a valuation in line with the averages, but on the other hand it scores bad on growth.


Dividend Valuation Growth Profitability Health

1

1. Profitability

1.1 Basic Checks

In the past year CVGI was profitable.
CVGI had a negative operating cash flow in the past year.
The reported net income has been mixed in the past 5 years: CVGI reported negative net income in multiple years.
In multiple years CVGI reported negative operating cash flow during the last 5 years.
CVGI Yearly Net Income VS EBIT VS OCF VS FCFCVGI Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 20M -20M 40M -40M 60M

1.2 Ratios

CVGI's Return On Assets of -7.66% is on the low side compared to the rest of the industry. CVGI is outperformed by 77.52% of its industry peers.
The Return On Equity of CVGI (-23.55%) is worse than 79.07% of its industry peers.
CVGI's Return On Invested Capital of 3.41% is on the low side compared to the rest of the industry. CVGI is outperformed by 66.67% of its industry peers.
CVGI had an Average Return On Invested Capital over the past 3 years of 6.41%. This is below the industry average of 10.49%.
Industry RankSector Rank
ROA -7.66%
ROE -23.55%
ROIC 3.41%
ROA(3y)-0.34%
ROA(5y)-0.9%
ROE(3y)-3.44%
ROE(5y)-6.08%
ROIC(3y)6.41%
ROIC(5y)6.89%
CVGI Yearly ROA, ROE, ROICCVGI Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 20 -20

1.3 Margins

Looking at the Operating Margin, with a value of 1.36%, CVGI is doing worse than 70.54% of the companies in the same industry.
CVGI's Operating Margin has declined in the last couple of years.
Looking at the Gross Margin, with a value of 11.26%, CVGI is doing worse than 87.60% of the companies in the same industry.
CVGI's Gross Margin has been stable in the last couple of years.
Industry RankSector Rank
OM 1.36%
PM (TTM) N/A
GM 11.26%
OM growth 3Y-36.02%
OM growth 5Y-20.98%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-2.75%
GM growth 5Y-0.49%
CVGI Yearly Profit, Operating, Gross MarginsCVGI Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 5 -5 10

3

2. Health

2.1 Basic Checks

The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so CVGI is destroying value.
Compared to 1 year ago, CVGI has more shares outstanding
The number of shares outstanding for CVGI has been increased compared to 5 years ago.
The debt/assets ratio for CVGI is higher compared to a year ago.
CVGI Yearly Shares OutstandingCVGI Yearly Shares OutstandingYearly Shares Outstanding 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 10M 20M 30M
CVGI Yearly Total Debt VS Total AssetsCVGI Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 100M 200M 300M 400M 500M

2.2 Solvency

CVGI has an Altman-Z score of 2.50. This is not the best score and indicates that CVGI is in the grey zone with still only limited risk for bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 2.50, CVGI is doing worse than 61.24% of the companies in the same industry.
CVGI has a Debt/Equity ratio of 0.76. This is a neutral value indicating CVGI is somewhat dependend on debt financing.
Looking at the Debt to Equity ratio, with a value of 0.76, CVGI is doing worse than 70.54% of the companies in the same industry.
Industry RankSector Rank
Debt/Equity 0.76
Debt/FCF N/A
Altman-Z 2.5
ROIC/WACC0.38
WACC8.93%
CVGI Yearly LT Debt VS Equity VS FCFCVGI Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 50M -50M 100M 150M 200M

2.3 Liquidity

A Current Ratio of 2.12 indicates that CVGI has no problem at all paying its short term obligations.
CVGI has a Current ratio (2.12) which is comparable to the rest of the industry.
CVGI has a Quick Ratio of 1.23. This is a normal value and indicates that CVGI is financially healthy and should not expect problems in meeting its short term obligations.
CVGI has a Quick ratio (1.23) which is comparable to the rest of the industry.
Industry RankSector Rank
Current Ratio 2.12
Quick Ratio 1.23
CVGI Yearly Current Assets VS Current LiabilitesCVGI Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 100M 200M 300M

2

3. Growth

3.1 Past

The earnings per share for CVGI have decreased strongly by -96.70% in the last year.
CVGI shows a very negative growth in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -45.61% yearly.
Looking at the last year, CVGI shows a decrease in Revenue. The Revenue has decreased by -7.36% in the last year.
The Revenue has been decreasing by -4.30% on average over the past years.
EPS 1Y (TTM)-96.7%
EPS 3Y-68.72%
EPS 5Y-45.61%
EPS Q2Q%-236.36%
Revenue 1Y (TTM)-7.36%
Revenue growth 3Y-9.37%
Revenue growth 5Y-4.3%
Sales Q2Q%-26.83%

3.2 Future

Based on estimates for the next years, CVGI will show a very strong growth in Earnings Per Share. The EPS will grow by 291.15% on average per year.
The Revenue is expected to decrease by -3.50% on average over the next years.
EPS Next Y-32%
EPS Next 2Y291.15%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year-12.24%
Revenue Next 2Y-3.5%
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.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is stable.
CVGI Yearly Revenue VS EstimatesCVGI Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 200M 400M 600M 800M 1B
CVGI Yearly EPS VS EstimatesCVGI Yearly EPS VS EstimatesYearly EPS VS Estimates 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 0 0.5 1

4

4. Valuation

4.1 Price/Earnings Ratio

The Price/Earnings ratio is 42.33, which means the current valuation is very expensive for CVGI.
Based on the Price/Earnings ratio, CVGI is valued a bit more expensive than 69.77% of the companies in the same industry.
When comparing the Price/Earnings ratio of CVGI to the average of the S&P500 Index (24.85), we can say CVGI is valued expensively.
Based on the Price/Forward Earnings ratio of 2.77, the valuation of CVGI can be described as very cheap.
CVGI's Price/Forward Earnings ratio is rather cheap when compared to the industry. CVGI is cheaper than 100.00% of the companies in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 20.89. CVGI is valued rather cheaply when compared to this.
Industry RankSector Rank
PE 42.33
Fwd PE 2.77
CVGI Price Earnings VS Forward Price EarningsCVGI Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30 40

4.2 Price Multiples

CVGI's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. CVGI is cheaper than 96.90% of the companies in the same industry.
Industry RankSector Rank
P/FCF N/A
EV/EBITDA 4.99
CVGI Per share dataCVGI EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 5 10 15 20 25

4.3 Compensation for Growth

A more expensive valuation may be justified as CVGI's earnings are expected to grow with 291.15% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y291.15%
EPS Next 3YN/A

0

5. Dividend

5.1 Amount

No dividends for CVGI!.
Industry RankSector Rank
Dividend Yield N/A

COMMERCIAL VEHICLE GROUP INC

NASDAQ:CVGI (5/14/2025, 8:00:00 PM)

After market: 1.3 +0.03 (+2.36%)

1.27

-0.05 (-3.79%)

Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryMachinery
Earnings (Last)05-07 2025-05-07
Earnings (Next)08-04 2025-08-04
Inst Owners69.78%
Inst Owner Change1.03%
Ins Owners4%
Ins Owner Change5.45%
Market Cap43.99M
Analysts85
Price Target5.1 (301.57%)
Short Float %4.68%
Short Ratio3.24
Dividend
Industry RankSector Rank
Dividend Yield N/A
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)2
Avg Revenue beat(2)1.13%
Min Revenue beat(2)1.09%
Max Revenue beat(2)1.17%
Revenue beat(4)2
Avg Revenue beat(4)-6.77%
Min Revenue beat(4)-24.17%
Max Revenue beat(4)1.17%
Revenue beat(8)2
Avg Revenue beat(8)-5.31%
Revenue beat(12)4
Avg Revenue beat(12)-4.23%
Revenue beat(16)7
Avg Revenue beat(16)-3.17%
PT rev (1m)0%
PT rev (3m)-21.05%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-160%
EPS NY rev (1m)0%
EPS NY rev (3m)-95.45%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-3.13%
Revenue NY rev (1m)-1.42%
Revenue NY rev (3m)-4.3%
Valuation
Industry RankSector Rank
PE 42.33
Fwd PE 2.77
P/S 0.05
P/FCF N/A
P/OCF N/A
P/B 0.32
P/tB 0.33
EV/EBITDA 4.99
EPS(TTM)0.03
EY2.36%
EPS(NY)0.46
Fwd EY36.14%
FCF(TTM)-0.96
FCFYN/A
OCF(TTM)-0.46
OCFYN/A
SpS25.78
BVpS3.95
TBVpS3.84
PEG (NY)N/A
PEG (5Y)N/A
Profitability
Industry RankSector Rank
ROA -7.66%
ROE -23.55%
ROCE 4.32%
ROIC 3.41%
ROICexc 3.68%
ROICexgc 3.73%
OM 1.36%
PM (TTM) N/A
GM 11.26%
FCFM N/A
ROA(3y)-0.34%
ROA(5y)-0.9%
ROE(3y)-3.44%
ROE(5y)-6.08%
ROIC(3y)6.41%
ROIC(5y)6.89%
ROICexc(3y)7.18%
ROICexc(5y)7.77%
ROICexgc(3y)7.49%
ROICexgc(5y)8.2%
ROCE(3y)8.12%
ROCE(5y)8.73%
ROICexcg growth 3Y-40.33%
ROICexcg growth 5Y-26.25%
ROICexc growth 3Y-39.4%
ROICexc growth 5Y-23.42%
OM growth 3Y-36.02%
OM growth 5Y-20.98%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-2.75%
GM growth 5Y-0.49%
F-Score3
Asset Turnover2.13
Health
Industry RankSector Rank
Debt/Equity 0.76
Debt/FCF N/A
Debt/EBITDA 3.62
Cap/Depr 104.71%
Cap/Sales 1.93%
Interest Coverage 1.05
Cash Conversion N/A
Profit Quality N/A
Current Ratio 2.12
Quick Ratio 1.23
Altman-Z 2.5
F-Score3
WACC8.93%
ROIC/WACC0.38
Cap/Depr(3y)108.89%
Cap/Depr(5y)92.14%
Cap/Sales(3y)2.31%
Cap/Sales(5y)1.95%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-96.7%
EPS 3Y-68.72%
EPS 5Y-45.61%
EPS Q2Q%-236.36%
EPS Next Y-32%
EPS Next 2Y291.15%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)-7.36%
Revenue growth 3Y-9.37%
Revenue growth 5Y-4.3%
Sales Q2Q%-26.83%
Revenue Next Year-12.24%
Revenue Next 2Y-3.5%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y-72%
EBIT growth 3Y-42.01%
EBIT growth 5Y-24.38%
EBIT Next Year931.95%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-146.77%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-117.61%
OCF growth 3YN/A
OCF growth 5YN/A