CHINA YUCHAI INTL LTD (CYD) Stock Fundamental Analysis
NYSE:CYD - New York Stock Exchange, Inc. - BMG210821051 - Common Stock - Currency: USD
Overall CYD gets a fundamental rating of 3 out of 10. We evaluated CYD against 128 industry peers in the Machinery industry. CYD has a bad profitability rating. Also its financial health evaluation is rather negative. CYD has a correct valuation and a medium growth rate.
1. Profitability
1.1 Basic Checks
CYD had positive earnings in the past year.
CYD had a positive operating cash flow in the past year.
Each year in the past 5 years CYD has been profitable.
Of the past 5 years CYD 4 years had a positive operating cash flow.
1.2 Ratios
CYD has a worse Return On Assets (1.19%) than 65.63% of its industry peers.
CYD's Return On Equity of 3.52% is on the low side compared to the rest of the industry. CYD is outperformed by 61.72% of its industry peers.
Looking at the Return On Invested Capital, with a value of 3.31%, CYD is doing worse than 65.63% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for CYD is significantly below the industry average of 10.69%.
The last Return On Invested Capital (3.31%) for CYD is above the 3 year average (3.11%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.19% | ||
| ROE | 3.52% | ||
| ROIC | 3.31% |
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's Profit Margin of 1.69% is on the low side compared to the rest of the industry. CYD is outperformed by 62.50% of its industry peers.
In the last couple of years the Profit Margin of CYD has declined.
Looking at the Operating Margin, with a value of 3.12%, CYD is doing worse than 66.41% of the companies in the same industry.
CYD's Operating Margin has declined in the last couple of years.
CYD has a worse Gross Margin (14.73%) than 80.47% of its industry peers.
In the last couple of years the Gross Margin of CYD has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 3.12% | ||
| PM (TTM) | 1.69% | ||
| GM | 14.73% |
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
CYD has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
CYD has about the same amout of shares outstanding than it did 1 year ago.
The number of shares outstanding for CYD remains at a similar level compared to 5 years ago.
CYD has a better debt/assets ratio than last year.
2.2 Solvency
CYD has an Altman-Z score of 1.65. This is a bad value and indicates that CYD is not financially healthy and even has some risk of bankruptcy.
CYD's Altman-Z score of 1.65 is on the low side compared to the rest of the industry. CYD is outperformed by 74.22% of its industry peers.
The Debt to FCF ratio of CYD is 6.14, which is on the high side as it means it would take CYD, 6.14 years of fcf income to pay off all of its debts.
The Debt to FCF ratio of CYD (6.14) is comparable to the rest of the industry.
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 in the better half of the industry: CYD outperforms 78.13% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.07 | ||
| Debt/FCF | 6.14 | ||
| Altman-Z | 1.65 |
ROIC/WACC0.61
WACC5.44%
2.3 Liquidity
CYD has a Current Ratio of 1.55. This is a normal value and indicates that CYD is financially healthy and should not expect problems in meeting its short term obligations.
CYD has a Current ratio of 1.55. This is in the lower half of the industry: CYD underperforms 72.66% of its industry peers.
A Quick Ratio of 1.20 indicates that CYD should not have too much problems paying 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
CYD shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 15.52%, which is quite good.
Measured over the past years, CYD shows a very negative growth in Earnings Per Share. The EPS has been decreasing by -10.91% on average per year.
The Revenue has been growing slightly by 6.02% in the past year.
CYD shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 1.21% yearly.
EPS 1Y (TTM)15.52%
EPS 3Y7.45%
EPS 5Y-10.91%
EPS Q2Q%-16.41%
Revenue 1Y (TTM)6.02%
Revenue growth 3Y-3.46%
Revenue growth 5Y1.21%
Sales Q2Q%-0.54%
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.
The Revenue is expected to grow by 5.99% on average over the next years.
EPS Next Y16.44%
EPS Next 2Y3.04%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year1.03%
Revenue Next 2Y5.99%
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 accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 18.62, which indicates a rather expensive current valuation of CYD.
Based on the Price/Earnings ratio, CYD is valued a bit cheaper than 65.63% of the companies in the same industry.
When comparing the Price/Earnings ratio of CYD to the average of the S&P500 Index (26.31), we can say CYD is valued slightly cheaper.
CYD is valuated correctly with a Price/Forward Earnings ratio of 13.09.
Based on the Price/Forward Earnings ratio, CYD is valued a bit cheaper than 75.78% of the companies in the same industry.
CYD is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 22.13, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.62 | ||
| Fwd PE | 13.09 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, CYD is valued cheaper than 85.94% of the companies in the same industry.
80.47% of the companies in the same industry are more expensive than CYD, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 13.41 | ||
| EV/EBITDA | 7.38 |
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)1.13
PEG (5Y)N/A
EPS Next 2Y3.04%
EPS Next 3YN/A
5. Dividend
5.1 Amount
CYD has a Yearly Dividend Yield of 4.31%, which is a nice return.
CYD's Dividend Yield is rather good when compared to the industry average which is at 1.91. CYD pays more dividend than 96.09% of the companies in the same industry.
CYD's Dividend Yield is rather good when compared to the S&P500 average which is at 2.40.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.31% |
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
CYD pays out 31.58% of its income as dividend. This is a sustainable payout ratio.
DP31.58%
EPS Next 2Y3.04%
EPS Next 3YN/A
20.85
-0.26 (-1.23%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryMachinery
Earnings (Last)
Earnings (Next)
Inst Owners15.56%
Inst Owner Change8.1%
Ins Owners0.16%
Ins Owner ChangeN/A
Market Cap782.29M
Analysts45
Price Target17.95 (-13.91%)
Short Float %1.28%
Short Ratio0.64
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.31% |
Yearly Dividend0.35
Dividend Growth(5Y)-15.64%
DP31.58%
Div Incr Years1
Div Non Decr Years1
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)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)0%
PT rev (3m)0%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)21.57%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)-3.59%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.62 | ||
| Fwd PE | 13.09 | ||
| P/S | 0.29 | ||
| P/FCF | 13.41 | ||
| P/OCF | 7.21 | ||
| P/B | 0.61 | ||
| P/tB | 0.78 | ||
| EV/EBITDA | 7.38 |
EPS(TTM)1.12
EY5.37%
EPS(NY)1.59
Fwd EY7.64%
FCF(TTM)1.55
FCFY7.46%
OCF(TTM)2.89
OCFY13.86%
SpS71
BVpS34.01
TBVpS26.87
PEG (NY)1.13
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.19% | ||
| ROE | 3.52% | ||
| ROCE | 4.32% | ||
| ROIC | 3.31% | ||
| ROICexc | 3.31% | ||
| ROICexgc | 3.85% | ||
| OM | 3.12% | ||
| PM (TTM) | 1.69% | ||
| GM | 14.73% | ||
| FCFM | 2.19% |
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-Score7
Asset Turnover0.71
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.07 | ||
| Debt/FCF | 6.14 | ||
| Debt/EBITDA | 0.6 | ||
| Cap/Depr | 70.18% | ||
| Cap/Sales | 1.88% | ||
| Interest Coverage | 7.96 | ||
| Cash Conversion | 70.18% | ||
| Profit Quality | 129.72% | ||
| Current Ratio | 1.55 | ||
| Quick Ratio | 1.2 | ||
| Altman-Z | 1.65 |
F-Score7
WACC5.44%
ROIC/WACC0.61
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)15.52%
EPS 3Y7.45%
EPS 5Y-10.91%
EPS Q2Q%-16.41%
EPS Next Y16.44%
EPS Next 2Y3.04%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)6.02%
Revenue growth 3Y-3.46%
Revenue growth 5Y1.21%
Sales Q2Q%-0.54%
Revenue Next Year1.03%
Revenue Next 2Y5.99%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y-2.13%
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%