HYSTER-YALE INC (HY) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:HY - US4491721050 - Common Stock
33.54 USD
-0.82 (-2.39%)
33.54 USD
0 (0%)
HY gets a fundamental rating of 3 out of 10. The analysis compared the fundamentals against 132 industry peers in the Machinery industry. HY has a bad profitability rating. Also its financial health evaluation is rather negative. HY is valued correctly, but it does not seem to be growing. Finally HY also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
- HY had positive earnings in the past year.
- In the past year HY had a positive cash flow from operations.
- The reported net income has been mixed in the past 5 years: HY reported negative net income in multiple years.
- Of the past 5 years HY 4 years had a positive operating cash flow.
1.2 Ratios
- HY has a Return On Assets of 0.13%. This is in the lower half of the industry: HY underperforms 67.42% of its industry peers.
- HY has a Return On Equity of 0.50%. This is in the lower half of the industry: HY underperforms 64.39% of its industry peers.
- The Return On Invested Capital of HY (5.41%) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.13% | ||
| ROE | 0.5% | ||
| ROIC | 5.41% |
ROA(3y)3.14%
ROA(5y)0.52%
ROE(3y)8.66%
ROE(5y)-3.29%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
- HY has a worse Profit Margin (0.07%) than 68.18% of its industry peers.
- In the last couple of years the Profit Margin of HY has grown nicely.
- With a Operating Margin value of 2.22%, HY is not doing good in the industry: 69.70% of the companies in the same industry are doing better.
- HY's Operating Margin has improved in the last couple of years.
- With a Gross Margin value of 18.13%, HY is not doing good in the industry: 75.76% of the companies in the same industry are doing better.
- HY's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 2.22% | ||
| PM (TTM) | 0.07% | ||
| GM | 18.13% |
OM growth 3YN/A
OM growth 5Y29.18%
PM growth 3YN/A
PM growth 5Y24.88%
GM growth 3Y20.72%
GM growth 5Y4.68%
2. Health
2.1 Basic Checks
- The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so HY is destroying value.
- Compared to 1 year ago, HY has more shares outstanding
- HY has more shares outstanding than it did 5 years ago.
- HY has a better debt/assets ratio than last year.
2.2 Solvency
- An Altman-Z score of 2.75 indicates that HY is not a great score, but indicates only limited risk for bankruptcy at the moment.
- HY has a Altman-Z score (2.75) which is comparable to the rest of the industry.
- HY has a debt to FCF ratio of 8.74. This is a slightly negative value and a sign of low solvency as HY would need 8.74 years to pay back of all of its debts.
- HY has a Debt to FCF ratio (8.74) which is comparable to the rest of the industry.
- A Debt/Equity ratio of 0.61 indicates that HY is somewhat dependend on debt financing.
- With a Debt to Equity ratio value of 0.61, HY perfoms like the industry average, outperforming 42.42% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.61 | ||
| Debt/FCF | 8.74 | ||
| Altman-Z | 2.75 |
ROIC/WACC0.63
WACC8.64%
2.3 Liquidity
- HY has a Current Ratio of 1.39. This is a normal value and indicates that HY is financially healthy and should not expect problems in meeting its short term obligations.
- HY has a Current ratio of 1.39. This is in the lower half of the industry: HY underperforms 77.27% of its industry peers.
- HY has a Quick Ratio of 1.39. This is a bad value and indicates that HY is not financially healthy enough and could expect problems in meeting its short term obligations.
- The Quick ratio of HY (0.68) is worse than 83.33% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.39 | ||
| Quick Ratio | 0.68 |
3. Growth
3.1 Past
- The earnings per share for HY have decreased strongly by -80.58% in the last year.
- Measured over the past years, HY shows a very strong growth in Earnings Per Share. The EPS has been growing by 35.91% on average per year.
- HY shows a decrease in Revenue. In the last year, the revenue decreased by -8.30%.
- Measured over the past years, HY shows a small growth in Revenue. The Revenue has been growing by 5.53% on average per year.
EPS 1Y (TTM)-80.58%
EPS 3YN/A
EPS 5Y35.91%
EPS Q2Q%-109.28%
Revenue 1Y (TTM)-8.3%
Revenue growth 3Y11.89%
Revenue growth 5Y5.53%
Sales Q2Q%-3.64%
3.2 Future
- The Earnings Per Share is expected to decrease by -13.08% on average over the next years. This is quite bad
- Based on estimates for the next years, HY will show a decrease in Revenue. The Revenue will decrease by -0.87% on average per year.
EPS Next Y-107.71%
EPS Next 2Y-43.26%
EPS Next 3Y-37.42%
EPS Next 5Y-13.08%
Revenue Next Year-11.64%
Revenue Next 2Y-6.5%
Revenue Next 3Y-3.18%
Revenue Next 5Y-0.87%
3.3 Evolution
- The EPS growth rate is decreasing: in the next years the growth will be less 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 decreasing.
4. Valuation
4.1 Price/Earnings Ratio
- With a Price/Earnings ratio of 19.39, HY is valued on the expensive side.
- HY's Price/Earnings ratio is a bit cheaper when compared to the industry. HY is cheaper than 77.27% of the companies in the same industry.
- The average S&P500 Price/Earnings ratio is at 27.21. HY is valued slightly cheaper when compared to this.
- The Forward Price/Earnings Ratio is negative for HY. No positive earnings are expected for the next year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 19.39 | ||
| Fwd PE | N/A |
4.2 Price Multiples
- Based on the Enterprise Value to EBITDA ratio, HY is valued cheaper than 94.70% of the companies in the same industry.
- Compared to the rest of the industry, the Price/Free Cash Flow ratio of HY indicates a rather cheap valuation: HY is cheaper than 91.67% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 11.12 | ||
| EV/EBITDA | 7.01 |
4.3 Compensation for Growth
- HY's earnings are expected to decrease with -37.42% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)0.54
EPS Next 2Y-43.26%
EPS Next 3Y-37.42%
5. Dividend
5.1 Amount
- With a Yearly Dividend Yield of 4.21%, HY is a good candidate for dividend investing.
- HY's Dividend Yield is rather good when compared to the industry average which is at 0.98. HY pays more dividend than 98.48% of the companies in the same industry.
- Compared to an average S&P500 Dividend Yield of 1.81, HY pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.21% |
5.2 History
- The dividend of HY has a limited annual growth rate of 1.92%.
- HY has paid a dividend for at least 10 years, which is a reliable track record.
- HY has not decreased its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.
Dividend Growth(5Y)1.92%
Div Incr Years11
Div Non Decr Years11
5.3 Sustainability
- HY pays out 925.93% of its income as dividend. This is not a sustainable payout ratio.
- The Dividend Rate of HY has been growing, while earnings will be declining. This means the dividend growth is most likely not sustainable.
DP925.93%
EPS Next 2Y-43.26%
EPS Next 3Y-37.42%
HYSTER-YALE INC / HY FAQ
What is the fundamental rating for HY stock?
ChartMill assigns a fundamental rating of 3 / 10 to HY.
Can you provide the valuation status for HYSTER-YALE INC?
ChartMill assigns a valuation rating of 4 / 10 to HYSTER-YALE INC (HY). This can be considered as Fairly Valued.
How profitable is HYSTER-YALE INC (HY) stock?
HYSTER-YALE INC (HY) has a profitability rating of 3 / 10.
What are the PE and PB ratios of HYSTER-YALE INC (HY) stock?
The Price/Earnings (PE) ratio for HYSTER-YALE INC (HY) is 19.39 and the Price/Book (PB) ratio is 1.11.
Can you provide the dividend sustainability for HY stock?
The dividend rating of HYSTER-YALE INC (HY) is 7 / 10 and the dividend payout ratio is 925.93%.