COMMERCIAL VEHICLE GROUP INC (CVGI) Stock Fundamental Analysis
NASDAQ:CVGI - Nasdaq - US2026081057 - Common Stock - Currency: USD
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.
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.
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 Rank | Sector 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%
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 Rank | Sector 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%
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.
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 Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.76 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 2.5 |
ROIC/WACC0.38
WACC8.93%
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 Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.12 | ||
| Quick Ratio | 1.23 |
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.
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 Rank | Sector Rank | ||
|---|---|---|---|
| PE | 42.33 | ||
| Fwd PE | 2.77 |
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 Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 4.99 |
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
5. Dividend
5.1 Amount
No dividends for CVGI!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
1.27
-0.05 (-3.79%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryMachinery
Earnings (Last)
Earnings (Next)
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 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)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 Rank | Sector 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 Rank | Sector 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 Rank | Sector 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