GREENBRIER COMPANIES INC (GBX) Stock Fundamental Analysis
NYSE:GBX - US3936571013 - Common Stock
46.63 USD
-0.39 (-0.83%)
46.63 USD
0 (0%)
We assign a fundamental rating of 4 out of 10 to GBX. GBX was compared to 128 industry peers in the Machinery industry. GBX has a medium profitability rating, but doesn't score so well on its financial health evaluation. GBX is cheap, but on the other hand it scores bad on growth.
1. Profitability
1.1 Basic Checks
In the past year GBX was profitable.
In the past year GBX had a positive cash flow from operations.
In the past 5 years GBX has always been profitable.
In multiple years GBX reported negative operating cash flow during the last 5 years.
1.2 Ratios
The Return On Assets of GBX (5.26%) is comparable to the rest of the industry.
GBX has a better Return On Equity (15.22%) than 74.22% of its industry peers.
GBX's Return On Invested Capital of 7.83% is in line compared to the rest of the industry. GBX outperforms 57.03% of its industry peers.
GBX had an Average Return On Invested Capital over the past 3 years of 4.87%. This is significantly below the industry average of 10.48%.
The 3 year average ROIC (4.87%) for GBX is below the current ROIC(7.83%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.26% | ||
| ROE | 15.22% | ||
| ROIC | 7.83% |
ROA(3y)2.18%
ROA(5y)1.81%
ROE(3y)6.76%
ROE(5y)5.31%
ROIC(3y)4.87%
ROIC(5y)3.92%
1.3 Margins
GBX has a Profit Margin (6.48%) which is comparable to the rest of the industry.
GBX's Profit Margin has improved in the last couple of years.
Looking at the Operating Margin, with a value of 11.16%, GBX is in line with its industry, outperforming 57.03% of the companies in the same industry.
In the last couple of years the Operating Margin of GBX has grown nicely.
GBX's Gross Margin of 18.53% is on the low side compared to the rest of the industry. GBX is outperformed by 75.78% of its industry peers.
GBX's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 11.16% | ||
| PM (TTM) | 6.48% | ||
| GM | 18.53% |
OM growth 3Y56.84%
OM growth 5Y11.71%
PM growth 3Y34.43%
PM growth 5Y14.02%
GM growth 3Y5.95%
GM growth 5Y5.45%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), GBX is destroying value.
GBX has more shares outstanding than it did 1 year ago.
The number of shares outstanding for GBX has been reduced compared to 5 years ago.
Compared to 1 year ago, GBX has a worse debt to assets ratio.
2.2 Solvency
An Altman-Z score of 1.92 indicates that GBX is not a great score, but indicates only limited risk for bankruptcy at the moment.
The Altman-Z score of GBX (1.92) is worse than 64.84% of its industry peers.
GBX has a debt to FCF ratio of 23.13. This is a negative value and a sign of low solvency as GBX would need 23.13 years to pay back of all of its debts.
GBX has a Debt to FCF ratio of 23.13. This is in the lower half of the industry: GBX underperforms 69.53% of its industry peers.
A Debt/Equity ratio of 1.17 is on the high side and indicates that GBX has dependencies on debt financing.
With a Debt to Equity ratio value of 1.17, GBX is not doing good in the industry: 80.47% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.17 | ||
| Debt/FCF | 23.13 | ||
| Altman-Z | 1.92 |
ROIC/WACC0.89
WACC8.76%
2.3 Liquidity
A Current Ratio of 1.44 indicates that GBX should not have too much problems paying its short term obligations.
GBX has a Current ratio of 1.44. This is in the lower half of the industry: GBX underperforms 78.13% of its industry peers.
A Quick Ratio of 0.78 indicates that GBX may have some problems paying its short term obligations.
GBX's Quick ratio of 0.78 is on the low side compared to the rest of the industry. GBX is outperformed by 78.13% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.44 | ||
| Quick Ratio | 0.78 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 77.83% over the past year.
Measured over the past years, GBX shows a quite strong growth in Earnings Per Share. The EPS has been growing by 10.92% on average per year.
Looking at the last year, GBX shows a small growth in Revenue. The Revenue has grown by 0.70% in the last year.
GBX shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 3.16% yearly.
EPS 1Y (TTM)77.83%
EPS 3Y65.82%
EPS 5Y10.92%
EPS Q2Q%75.47%
Revenue 1Y (TTM)0.7%
Revenue growth 3Y26.57%
Revenue growth 5Y3.16%
Sales Q2Q%2.74%
3.2 Future
The Earnings Per Share is expected to grow by 0.55% on average over the next years.
GBX is expected to show a decrease in Revenue. In the coming years, the Revenue will decrease by -5.01% yearly.
EPS Next Y28.94%
EPS Next 2Y0.55%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year-7.22%
Revenue Next 2Y-5.01%
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 6.60, the valuation of GBX can be described as very cheap.
GBX's Price/Earnings ratio is rather cheap when compared to the industry. GBX is cheaper than 96.88% of the companies in the same industry.
When comparing the Price/Earnings ratio of GBX to the average of the S&P500 Index (27.08), we can say GBX is valued rather cheaply.
GBX is valuated reasonably with a Price/Forward Earnings ratio of 9.28.
GBX's Price/Forward Earnings ratio is rather cheap when compared to the industry. GBX is cheaper than 94.53% of the companies in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 22.72. GBX is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.6 | ||
| Fwd PE | 9.28 |
4.2 Price Multiples
98.44% of the companies in the same industry are more expensive than GBX, based on the Enterprise Value to EBITDA ratio.
GBX's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. GBX is cheaper than 68.75% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 18.9 | ||
| EV/EBITDA | 4.89 |
4.3 Compensation for Growth
The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
PEG (NY)0.23
PEG (5Y)0.6
EPS Next 2Y0.55%
EPS Next 3YN/A
5. Dividend
5.1 Amount
GBX has a Yearly Dividend Yield of 2.72%. Purely for dividend investing, there may be better candidates out there.
GBX's Dividend Yield is rather good when compared to the industry average which is at 1.81. GBX pays more dividend than 89.84% of the companies in the same industry.
Compared to an average S&P500 Dividend Yield of 2.35, GBX has a dividend comparable with the average S&P500 company.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.72% |
5.2 History
The dividend of GBX has a limited annual growth rate of 3.82%.
GBX has paid a dividend for at least 10 years, which is a reliable track record.
GBX has not decreased its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.
Dividend Growth(5Y)3.82%
Div Incr Years2
Div Non Decr Years10
5.3 Sustainability
17.04% of the earnings are spent on dividend by GBX. This is a low number and sustainable payout ratio.
GBX's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP17.04%
EPS Next 2Y0.55%
EPS Next 3YN/A
46.63
-0.39 (-0.83%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryMachinery
Earnings (Last)
Earnings (Next)
Inst Owners106.45%
Inst Owner Change1.9%
Ins Owners1.81%
Ins Owner Change-0.9%
Market Cap1.44B
Analysts46.67
Price Target54.57 (17.03%)
Short Float %7.11%
Short Ratio4.44
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.72% |
Yearly Dividend1.24
Dividend Growth(5Y)3.82%
DP17.04%
Div Incr Years2
Div Non Decr Years10
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)36.87%
Min EPS beat(2)-13.23%
Max EPS beat(2)86.96%
EPS beat(4)3
Avg EPS beat(4)41.3%
Min EPS beat(4)-13.23%
Max EPS beat(4)86.96%
EPS beat(8)5
Avg EPS beat(8)24.58%
EPS beat(12)8
Avg EPS beat(12)23.35%
EPS beat(16)11
Avg EPS beat(16)23.32%
Revenue beat(2)1
Avg Revenue beat(2)-4.92%
Min Revenue beat(2)-16.02%
Max Revenue beat(2)6.19%
Revenue beat(4)3
Avg Revenue beat(4)-1%
Min Revenue beat(4)-16.02%
Max Revenue beat(4)6.19%
Revenue beat(8)5
Avg Revenue beat(8)-2.41%
Revenue beat(12)9
Avg Revenue beat(12)3.46%
Revenue beat(16)12
Avg Revenue beat(16)4.04%
PT rev (1m)0%
PT rev (3m)9.18%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-8.88%
EPS NY rev (1m)7.18%
EPS NY rev (3m)22.14%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-10.9%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.89%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.6 | ||
| Fwd PE | 9.28 | ||
| P/S | 0.41 | ||
| P/FCF | 18.9 | ||
| P/OCF | 4.01 | ||
| P/B | 0.96 | ||
| P/tB | 1.07 | ||
| EV/EBITDA | 4.89 |
EPS(TTM)7.06
EY15.14%
EPS(NY)5.02
Fwd EY10.78%
FCF(TTM)2.47
FCFY5.29%
OCF(TTM)11.62
OCFY24.92%
SpS114.43
BVpS48.7
TBVpS43.59
PEG (NY)0.23
PEG (5Y)0.6
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.26% | ||
| ROE | 15.22% | ||
| ROCE | 12.03% | ||
| ROIC | 7.83% | ||
| ROICexc | 8.53% | ||
| ROICexgc | 9.73% | ||
| OM | 11.16% | ||
| PM (TTM) | 6.48% | ||
| GM | 18.53% | ||
| FCFM | 2.16% |
ROA(3y)2.18%
ROA(5y)1.81%
ROE(3y)6.76%
ROE(5y)5.31%
ROIC(3y)4.87%
ROIC(5y)3.92%
ROICexc(3y)5.53%
ROICexc(5y)4.74%
ROICexgc(3y)6.3%
ROICexgc(5y)5.45%
ROCE(3y)7.54%
ROCE(5y)6.11%
ROICexcg growth 3Y91.91%
ROICexcg growth 5Y10.27%
ROICexc growth 3Y91.04%
ROICexc growth 5Y11.88%
OM growth 3Y56.84%
OM growth 5Y11.71%
PM growth 3Y34.43%
PM growth 5Y14.02%
GM growth 3Y5.95%
GM growth 5Y5.45%
F-Score7
Asset Turnover0.81
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.17 | ||
| Debt/FCF | 23.13 | ||
| Debt/EBITDA | 3.41 | ||
| Cap/Depr | 230.59% | ||
| Cap/Sales | 8% | ||
| Interest Coverage | 4.7 | ||
| Cash Conversion | 69.41% | ||
| Profit Quality | 33.29% | ||
| Current Ratio | 1.44 | ||
| Quick Ratio | 0.78 | ||
| Altman-Z | 1.92 |
F-Score7
WACC8.76%
ROIC/WACC0.89
Cap/Depr(3y)352.81%
Cap/Depr(5y)251.47%
Cap/Sales(3y)11.07%
Cap/Sales(5y)8.71%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)77.83%
EPS 3Y65.82%
EPS 5Y10.92%
EPS Q2Q%75.47%
EPS Next Y28.94%
EPS Next 2Y0.55%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)0.7%
Revenue growth 3Y26.57%
Revenue growth 5Y3.16%
Sales Q2Q%2.74%
Revenue Next Year-7.22%
Revenue Next 2Y-5.01%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y54.58%
EBIT growth 3Y98.52%
EBIT growth 5Y15.24%
EBIT Next Year77.98%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y136.88%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y100.28%
OCF growth 3YN/A
OCF growth 5YN/A