CHINA YUCHAI INTL LTD (CYD) Stock Fundamental Analysis
USA - NYSE:CYD - BMG210821051 - Common Stock
39.93 USD
+0.61 (+1.55%)
40.5 USD
+0.57 (+1.43%)
CYD gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 128 industry peers in the Machinery industry. CYD scores quite bad on profitability, while its financial health is fine. Not spectacular, but in line with the averages. CYD is quite expensive at the moment. It does show a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year CYD was profitable.
Each year in the past 5 years CYD has been profitable.
CYD had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
With a Return On Assets value of 1.66%, CYD is not doing good in the industry: 63.28% of the companies in the same industry are doing better.
CYD has a worse Return On Equity (4.90%) than 61.72% of its industry peers.
CYD has a worse Return On Invested Capital (4.34%) than 63.28% of its industry peers.
CYD had an Average Return On Invested Capital over the past 3 years of 3.11%. This is significantly below the industry average of 10.02%.
The last Return On Invested Capital (4.34%) for CYD is above the 3 year average (3.11%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.66% | ||
| ROE | 4.9% | ||
| ROIC | 4.34% |
ROA(3y)1.07%
ROA(5y)1.28%
ROE(3y)3.02%
ROE(5y)3.64%
ROIC(3y)3.11%
ROIC(5y)3.67%
1.3 Margins
CYD has a worse Profit Margin (1.98%) than 62.50% of its industry peers.
CYD's Profit Margin has declined in the last couple of years.
CYD's Operating Margin of 3.46% is on the low side compared to the rest of the industry. CYD is outperformed by 67.19% of its industry peers.
In the last couple of years the Operating Margin of CYD has declined.
With a Gross Margin value of 12.93%, CYD is not doing good in the industry: 85.16% of the companies in the same industry are doing better.
In the last couple of years the Gross Margin of CYD has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 3.46% | ||
| PM (TTM) | 1.98% | ||
| GM | 12.93% |
OM growth 3Y9.06%
OM growth 5Y-9.85%
PM growth 3Y9.6%
PM growth 5Y-12.85%
GM growth 3Y2%
GM growth 5Y-3.09%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so CYD is destroying value.
CYD has about the same amout of shares outstanding than it did 1 year ago.
CYD has about the same amout of shares outstanding than it did 5 years ago.
CYD has a better debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 1.97 indicates that CYD is not a great score, but indicates only limited risk for bankruptcy at the moment.
The Altman-Z score of CYD (1.97) is worse than 64.84% of its industry peers.
CYD has a Debt/Equity ratio of 0.07. This is a healthy value indicating a solid balance between debt and equity.
CYD has a Debt to Equity ratio of 0.07. This is amongst the best in the industry. CYD outperforms 80.47% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.07 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 1.97 |
ROIC/WACC0.6
WACC7.18%
2.3 Liquidity
A Current Ratio of 1.55 indicates that CYD should not have too much problems paying its short term obligations.
Looking at the Current ratio, with a value of 1.55, CYD is doing worse than 72.66% of the companies in the same industry.
CYD has a Quick Ratio of 1.20. This is a normal value and indicates that CYD is financially healthy and should not expect problems in meeting its short term obligations.
CYD's Quick ratio of 1.20 is in line compared to the rest of the industry. CYD outperforms 46.88% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.55 | ||
| Quick Ratio | 1.2 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 39.55% over the past year.
CYD shows a very negative growth in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -10.91% yearly.
The Revenue has grown by 17.99% in the past year. This is quite good.
The Revenue has been growing slightly by 1.21% on average over the past years.
EPS 1Y (TTM)39.55%
EPS 3Y7.45%
EPS 5Y-10.91%
EPS Q2Q%64.62%
Revenue 1Y (TTM)17.99%
Revenue growth 3Y-3.46%
Revenue growth 5Y1.21%
Sales Q2Q%33.96%
3.2 Future
CYD is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 3.04% yearly.
Based on estimates for the next years, CYD will show a quite strong growth in Revenue. The Revenue will grow by 13.36% on average per year.
EPS Next Y16.44%
EPS Next 2Y3.04%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year34.99%
Revenue Next 2Y19.09%
Revenue Next 3Y13.36%
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 accelerating.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 24.05, CYD is valued on the expensive side.
CYD's Price/Earnings ratio is in line with the industry average.
The average S&P500 Price/Earnings ratio is at 27.38. CYD is around the same levels.
CYD is valuated quite expensively with a Price/Forward Earnings ratio of 27.19.
CYD's Price/Forward Earnings ratio is a bit more expensive when compared to the industry. CYD is more expensive than 60.94% of the companies in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 22.86, CYD is valued at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 24.05 | ||
| Fwd PE | 27.19 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, CYD is valued a bit cheaper than the industry average as 79.69% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 10.08 |
4.3 Compensation for Growth
CYD's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
PEG (NY)1.46
PEG (5Y)N/A
EPS Next 2Y3.04%
EPS Next 3YN/A
5. Dividend
5.1 Amount
CYD has a Yearly Dividend Yield of 2.40%. Purely for dividend investing, there may be better candidates out there.
CYD's Dividend Yield is rather good when compared to the industry average which is at 1.74. CYD pays more dividend than 88.28% of the companies in the same industry.
Compared to an average S&P500 Dividend Yield of 2.38, CYD has a dividend comparable with the average S&P500 company.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.4% |
5.2 History
The dividend of CYD decreases each year by -15.64%.
CYD has paid a dividend for at least 10 years, which is a reliable track record.
CYD has decreased its dividend recently.
Dividend Growth(5Y)-15.64%
Div Incr Years1
Div Non Decr Years1
5.3 Sustainability
DPN/A
EPS Next 2Y3.04%
EPS Next 3YN/A
39.93
+0.61 (+1.55%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryMachinery
Earnings (Last)
Earnings (Next)
Inst Owners14.9%
Inst Owner Change16.89%
Ins Owners0.16%
Ins Owner ChangeN/A
Market Cap1.50B
Analysts76.67
Price Target34.42 (-13.8%)
Short Float %3.69%
Short Ratio1.65
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.4% |
Yearly Dividend0.35
Dividend Growth(5Y)-15.64%
DPN/A
Div Incr Years1
Div Non Decr Years1
Ex-Date
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)N/A
Avg Revenue beat(2)N/A
Min Revenue beat(2)N/A
Max Revenue beat(2)N/A
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)91.76%
PT rev (3m)91.76%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)0%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)33.61%
Revenue NY rev (3m)33.61%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 24.05 | ||
| Fwd PE | 27.19 | ||
| P/S | 0.47 | ||
| P/FCF | N/A | ||
| P/OCF | N/A | ||
| P/B | 1.16 | ||
| P/tB | 1.47 | ||
| EV/EBITDA | 10.08 |
EPS(TTM)1.66
EY4.16%
EPS(NY)1.47
Fwd EY3.68%
FCF(TTM)N/A
FCFYN/A
OCF(TTM)N/A
OCFYN/A
SpS84.9
BVpS34.38
TBVpS27.16
PEG (NY)1.46
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.66% | ||
| ROE | 4.9% | ||
| ROCE | 5.66% | ||
| ROIC | 4.34% | ||
| ROICexc | 4.34% | ||
| ROICexgc | 5.04% | ||
| OM | 3.46% | ||
| PM (TTM) | 1.98% | ||
| GM | 12.93% | ||
| FCFM | N/A |
ROA(3y)1.07%
ROA(5y)1.28%
ROE(3y)3.02%
ROE(5y)3.64%
ROIC(3y)3.11%
ROIC(5y)3.67%
ROICexc(3y)3.72%
ROICexc(5y)5.49%
ROICexgc(3y)4.55%
ROICexgc(5y)6.9%
ROCE(3y)4.06%
ROCE(5y)4.78%
ROICexcg growth 3Y-18.29%
ROICexcg growth 5Y-16.34%
ROICexc growth 3Y-14.81%
ROICexc growth 5Y-16.9%
OM growth 3Y9.06%
OM growth 5Y-9.85%
PM growth 3Y9.6%
PM growth 5Y-12.85%
GM growth 3Y2%
GM growth 5Y-3.09%
F-ScoreN/A
Asset Turnover0.84
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.07 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 0.52 | ||
| Cap/Depr | N/A | ||
| Cap/Sales | N/A | ||
| Interest Coverage | N/A | ||
| Cash Conversion | N/A | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.55 | ||
| Quick Ratio | 1.2 | ||
| Altman-Z | 1.97 |
F-ScoreN/A
WACC7.18%
ROIC/WACC0.6
Cap/Depr(3y)60.7%
Cap/Depr(5y)80.04%
Cap/Sales(3y)1.96%
Cap/Sales(5y)2.28%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)39.55%
EPS 3Y7.45%
EPS 5Y-10.91%
EPS Q2Q%64.62%
EPS Next Y16.44%
EPS Next 2Y3.04%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)17.99%
Revenue growth 3Y-3.46%
Revenue growth 5Y1.21%
Sales Q2Q%33.96%
Revenue Next Year34.99%
Revenue Next 2Y19.09%
Revenue Next 3Y13.36%
Revenue Next 5YN/A
EBIT growth 1Y18.66%
EBIT growth 3Y5.29%
EBIT growth 5Y-8.76%
EBIT Next Year78.81%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-57.59%
FCF growth 3YN/A
FCF growth 5Y-12.86%
OCF growth 1Y-36.46%
OCF growth 3Y15.58%
OCF growth 5Y-13.22%