1.73 USD
-0.04 (-2.26%)
1.74 USD
+0.01 (+0.58%)
CVGI gets a fundamental rating of 3 out of 10. The analysis compared the fundamentals against 130 industry peers in the Machinery industry. CVGI has a bad profitability rating. Also its financial health evaluation is rather negative. CVGI does not seem to be growing, but still is valued expensively.
1. Profitability
1.1 Basic Checks
In the past year CVGI has reported negative net income.
CVGI had a positive 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.
1.2 Ratios
Looking at the Return On Assets, with a value of -13.71%, CVGI is doing worse than 81.54% of the companies in the same industry.
The Return On Equity of CVGI (-40.19%) is worse than 82.31% of its industry peers.
The Return On Invested Capital of CVGI (0.38%) is worse than 70.77% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for CVGI is below the industry average of 10.35%.
The 3 year average ROIC (6.41%) for CVGI is well above the current ROIC(0.38%). The reason for the recent decline needs to be investigated.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -13.71% | ||
| ROE | -40.19% | ||
| ROIC | 0.38% |
ROA(3y)-0.34%
ROA(5y)-0.9%
ROE(3y)-3.44%
ROE(5y)-6.08%
ROIC(3y)6.41%
ROIC(5y)6.89%
1.3 Margins
CVGI's Operating Margin of 0.21% is on the low side compared to the rest of the industry. CVGI is outperformed by 70.77% of its industry peers.
In the last couple of years the Operating Margin of CVGI has declined.
The Gross Margin of CVGI (10.80%) is worse than 89.23% of its industry peers.
CVGI's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 0.21% | ||
| PM (TTM) | N/A | ||
| GM | 10.8% |
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%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so CVGI is destroying value.
The number of shares outstanding for CVGI has been increased compared to 1 year ago.
Compared to 5 years ago, CVGI has more shares outstanding
The debt/assets ratio for CVGI is higher compared to a year ago.
2.2 Solvency
An Altman-Z score of 1.98 indicates that CVGI is not a great score, but indicates only limited risk for bankruptcy at the moment.
CVGI's Altman-Z score of 1.98 is on the low side compared to the rest of the industry. CVGI is outperformed by 63.08% of its industry peers.
A Debt/Equity ratio of 0.79 indicates that CVGI is somewhat dependend on debt financing.
CVGI's Debt to Equity ratio of 0.79 is on the low side compared to the rest of the industry. CVGI is outperformed by 71.54% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.79 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 1.98 |
ROIC/WACC0.04
WACC9.48%
2.3 Liquidity
CVGI has a Current Ratio of 2.46. This indicates that CVGI is financially healthy and has no problem in meeting its short term obligations.
Looking at the Current ratio, with a value of 2.46, CVGI is in the better half of the industry, outperforming 63.08% of the companies in the same industry.
A Quick Ratio of 1.36 indicates that CVGI should not have too much problems paying its short term obligations.
CVGI's Quick ratio of 1.36 is in line compared to the rest of the industry. CVGI outperforms 59.23% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.46 | ||
| Quick Ratio | 1.36 |
3. Growth
3.1 Past
The earnings per share for CVGI have decreased strongly by -270.37% in the last year.
Measured over the past years, CVGI shows a very negative growth in Earnings Per Share. The EPS has been decreasing by -45.61% on average per year.
CVGI shows a very negative growth in Revenue. In the last year, the Revenue has decreased by -35.23%.
CVGI shows a decrease in Revenue. Measured over the last years, the Revenue has been decreasing by -4.30% yearly.
EPS 1Y (TTM)-270.37%
EPS 3Y-68.72%
EPS 5Y-45.61%
EPS Q2Q%-1300%
Revenue 1Y (TTM)-35.23%
Revenue growth 3Y-9.37%
Revenue growth 5Y-4.3%
Sales Q2Q%-11.23%
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 92.56% on average per year.
CVGI is expected to show a decrease in Revenue. In the coming years, the Revenue will decrease by -3.00% yearly.
EPS Next Y-1409%
EPS Next 2Y101.99%
EPS Next 3Y92.56%
EPS Next 5YN/A
Revenue Next Year-12.81%
Revenue Next 2Y-3.51%
Revenue Next 3Y-3%
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
The Price/Earnings Ratio is negative for CVGI. In the last year negative earnings were reported.
The Price/Forward Earnings ratio is 14.13, which indicates a correct valuation of CVGI.
Based on the Price/Forward Earnings ratio, CVGI is valued a bit cheaper than the industry average as 75.38% of the companies are valued more expensively.
When comparing the Price/Forward Earnings ratio of CVGI to the average of the S&P500 Index (36.21), we can say CVGI is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 14.13 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of CVGI indicates a rather cheap valuation: CVGI is cheaper than 83.85% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 9.1 |
4.3 Compensation for Growth
A more expensive valuation may be justified as CVGI's earnings are expected to grow with 92.56% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y101.99%
EPS Next 3Y92.56%
5. Dividend
5.1 Amount
No dividends for CVGI!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
1.73
-0.04 (-2.26%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryMachinery
Earnings (Last)
Earnings (Next)
Inst Owners43.88%
Inst Owner Change-2.07%
Ins Owners7.52%
Ins Owner Change13.75%
Market Cap63.54M
Revenue(TTM)657.53M
Net Income(TTM)-54.87M
Analysts85
Price Target4.08 (135.84%)
Short Float %1.04%
Short Ratio2.38
Dividend
| Industry Rank | Sector 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)0
Avg EPS beat(2)-20.21%
Min EPS beat(2)-26.05%
Max EPS beat(2)-14.38%
EPS beat(4)1
Avg EPS beat(4)-26.95%
Min EPS beat(4)-96.08%
Max EPS beat(4)28.7%
EPS beat(8)1
Avg EPS beat(8)-45.92%
EPS beat(12)3
Avg EPS beat(12)-27.68%
EPS beat(16)3
Avg EPS beat(16)-25.85%
Revenue beat(2)1
Avg Revenue beat(2)1.02%
Min Revenue beat(2)-5.85%
Max Revenue beat(2)7.88%
Revenue beat(4)3
Avg Revenue beat(4)0.81%
Min Revenue beat(4)-5.85%
Max Revenue beat(4)7.88%
Revenue beat(8)3
Avg Revenue beat(8)-4.38%
Revenue beat(12)4
Avg Revenue beat(12)-3.7%
Revenue beat(16)7
Avg Revenue beat(16)-2.75%
PT rev (1m)0%
PT rev (3m)0%
EPS NQ rev (1m)-10.53%
EPS NQ rev (3m)-2200%
EPS NY rev (1m)0%
EPS NY rev (3m)-113.89%
Revenue NQ rev (1m)-0.04%
Revenue NQ rev (3m)-1.61%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.38%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 14.13 | ||
| P/S | 0.1 | ||
| P/FCF | N/A | ||
| P/OCF | 11.07 | ||
| P/B | 0.47 | ||
| P/tB | 0.48 | ||
| EV/EBITDA | 9.1 |
EPS(TTM)-0.46
EYN/A
EPS(NY)0.12
Fwd EY7.08%
FCF(TTM)-0.14
FCFYN/A
OCF(TTM)0.16
OCFY9.03%
SpS17.9
BVpS3.72
TBVpS3.62
PEG (NY)N/A
PEG (5Y)N/A
Graham NumberN/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -13.71% | ||
| ROE | -40.19% | ||
| ROCE | 0.48% | ||
| ROIC | 0.38% | ||
| ROICexc | 0.42% | ||
| ROICexgc | 0.43% | ||
| OM | 0.21% | ||
| PM (TTM) | N/A | ||
| GM | 10.8% | ||
| 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%
ROICexgc growth 3Y-40.33%
ROICexgc 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 Turnover1.64
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.79 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 6.68 | ||
| Cap/Depr | 75.2% | ||
| Cap/Sales | 1.68% | ||
| Interest Coverage | 0.11 | ||
| Cash Conversion | 35.68% | ||
| Profit Quality | N/A | ||
| Current Ratio | 2.46 | ||
| Quick Ratio | 1.36 | ||
| Altman-Z | 1.98 |
F-Score3
WACC9.48%
ROIC/WACC0.04
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)-270.37%
EPS 3Y-68.72%
EPS 5Y-45.61%
EPS Q2Q%-1300%
EPS Next Y-1409%
EPS Next 2Y101.99%
EPS Next 3Y92.56%
EPS Next 5YN/A
Revenue 1Y (TTM)-35.23%
Revenue growth 3Y-9.37%
Revenue growth 5Y-4.3%
Sales Q2Q%-11.23%
Revenue Next Year-12.81%
Revenue Next 2Y-3.51%
Revenue Next 3Y-3%
Revenue Next 5YN/A
EBIT growth 1Y-95.2%
EBIT growth 3Y-42.01%
EBIT growth 5Y-24.38%
EBIT Next Year79.66%
EBIT Next 3Y50.36%
EBIT Next 5YN/A
FCF growth 1Y-112.44%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-91.19%
OCF growth 3YN/A
OCF growth 5YN/A
COMMERCIAL VEHICLE GROUP INC / CVGI FAQ
What is the fundamental rating for CVGI stock?
ChartMill assigns a fundamental rating of 3 / 10 to CVGI.
What is the valuation status of COMMERCIAL VEHICLE GROUP INC (CVGI) stock?
ChartMill assigns a valuation rating of 3 / 10 to COMMERCIAL VEHICLE GROUP INC (CVGI). This can be considered as Overvalued.
Can you provide the profitability details for COMMERCIAL VEHICLE GROUP INC?
COMMERCIAL VEHICLE GROUP INC (CVGI) has a profitability rating of 2 / 10.