HYSTER-YALE INC (HY) Stock Fundamental Analysis
NYSE:HY - US4491721050 - Common Stock
38.45 USD
-0.1 (-0.26%)
38.45 USD
0 (0%)
Overall HY gets a fundamental rating of 3 out of 10. We evaluated HY against 127 industry peers in the Machinery industry. Both the profitability and financial health of HY have multiple concerns. HY has a valuation in line with the averages, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
In the past year HY was profitable.
HY had a positive operating cash flow in the past year.
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
Looking at the Return On Assets, with a value of 1.07%, HY is doing worse than 65.35% of the companies in the same industry.
HY has a worse Return On Equity (4.08%) than 61.42% of its industry peers.
The Return On Invested Capital of HY (7.08%) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.07% | ||
| ROE | 4.08% | ||
| ROIC | 7.08% |
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
With a Profit Margin value of 0.56%, HY is not doing good in the industry: 66.14% of the companies in the same industry are doing better.
HY's Profit Margin has improved in the last couple of years.
The Operating Margin of HY (2.95%) is worse than 69.29% of its industry peers.
HY's Operating Margin has improved in the last couple of years.
HY's Gross Margin of 18.89% is on the low side compared to the rest of the industry. HY is outperformed by 74.02% of its industry peers.
HY's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 2.95% | ||
| PM (TTM) | 0.56% | ||
| GM | 18.89% |
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
HY has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
HY has more shares outstanding than it did 1 year ago.
HY has more shares outstanding than it did 5 years ago.
Compared to 1 year ago, HY has an improved debt to assets ratio.
2.2 Solvency
HY has an Altman-Z score of 2.84. This is not the best score and indicates that HY is in the grey zone with still only limited risk for bankruptcy at the moment.
HY has a Altman-Z score of 2.84. This is comparable to the rest of the industry: HY outperforms 47.24% of its industry peers.
The Debt to FCF ratio of HY is 5.21, which is a neutral value as it means it would take HY, 5.21 years of fcf income to pay off all of its debts.
HY has a Debt to FCF ratio of 5.21. This is comparable to the rest of the industry: HY outperforms 46.46% of its industry peers.
HY has a Debt/Equity ratio of 0.62. This is a neutral value indicating HY is somewhat dependend on debt financing.
The Debt to Equity ratio of HY (0.62) is worse than 63.78% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.62 | ||
| Debt/FCF | 5.21 | ||
| Altman-Z | 2.84 |
ROIC/WACC0.8
WACC8.83%
2.3 Liquidity
A Current Ratio of 1.40 indicates that HY should not have too much problems paying its short term obligations.
Looking at the Current ratio, with a value of 1.40, HY is doing worse than 79.53% of the companies in the same industry.
HY has a Quick Ratio of 1.40. This is a bad value and indicates that HY is not financially healthy enough and could expect problems in meeting its short term obligations.
HY's Quick ratio of 0.65 is on the low side compared to the rest of the industry. HY is outperformed by 88.98% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.4 | ||
| Quick Ratio | 0.65 |
3. Growth
3.1 Past
HY shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -72.10%.
The Earnings Per Share has been growing by 35.91% on average over the past years. This is a very strong growth
Looking at the last year, HY shows a decrease in Revenue. The Revenue has decreased by -7.11% in the last year.
The Revenue has been growing slightly by 5.53% on average over the past years.
EPS 1Y (TTM)-72.1%
EPS 3YN/A
EPS 5Y35.91%
EPS Q2Q%-103.91%
Revenue 1Y (TTM)-7.11%
Revenue growth 3Y11.89%
Revenue growth 5Y5.53%
Sales Q2Q%-18.11%
3.2 Future
HY is expected to show a very negative growth in Earnings Per Share. In the coming years, the EPS will decrease by -11.16% yearly.
Based on estimates for the next years, HY will show a decrease in Revenue. The Revenue will decrease by -1.12% on average per year.
EPS Next Y-78.71%
EPS Next 2Y-36.99%
EPS Next 3Y-19.99%
EPS Next 5Y-11.16%
Revenue Next Year-11.66%
Revenue Next 2Y-5.9%
Revenue Next 3Y-2.87%
Revenue Next 5Y-1.12%
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
A Price/Earnings ratio of 13.78 indicates a correct valuation of HY.
HY's Price/Earnings ratio is rather cheap when compared to the industry. HY is cheaper than 88.19% of the companies in the same industry.
HY's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 27.17.
The Price/Forward Earnings ratio is 10.82, which indicates a very decent valuation of HY.
HY's Price/Forward Earnings ratio is rather cheap when compared to the industry. HY is cheaper than 93.70% of the companies in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 22.78, HY is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.78 | ||
| Fwd PE | 10.82 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, HY is valued cheaply inside the industry as 96.85% of the companies are valued more expensively.
96.06% of the companies in the same industry are more expensive than HY, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 7.5 | ||
| EV/EBITDA | 6.1 |
4.3 Compensation for Growth
HY's earnings are expected to decrease with -19.99% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)0.38
EPS Next 2Y-36.99%
EPS Next 3Y-19.99%
5. Dividend
5.1 Amount
HY has a Yearly Dividend Yield of 3.90%.
HY's Dividend Yield is rather good when compared to the industry average which is at 1.87. HY pays more dividend than 95.28% of the companies in the same industry.
HY's Dividend Yield is rather good when compared to the S&P500 average which is at 2.34.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.9% |
5.2 History
The dividend of HY has a limited annual growth rate of 1.92%.
HY has been paying a dividend for at least 10 years, so it has a reliable track record.
HY has not decreased their dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)1.92%
Div Incr Years11
Div Non Decr Years11
5.3 Sustainability
HY pays out 111.71% 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.
DP111.71%
EPS Next 2Y-36.99%
EPS Next 3Y-19.99%
38.45
-0.1 (-0.26%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryMachinery
Earnings (Last)
Earnings (Next)
Inst Owners61.59%
Inst Owner Change-0.1%
Ins Owners17.34%
Ins Owner Change0.83%
Market Cap681.33M
Analysts82
Price Target51 (32.64%)
Short Float %4.16%
Short Ratio7.49
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.9% |
Yearly Dividend1.39
Dividend Growth(5Y)1.92%
DP111.71%
Div Incr Years11
Div Non Decr Years11
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-60.81%
Min EPS beat(2)-122.84%
Max EPS beat(2)1.22%
EPS beat(4)2
Avg EPS beat(4)-42.6%
Min EPS beat(4)-122.84%
Max EPS beat(4)3.42%
EPS beat(8)5
Avg EPS beat(8)10.66%
EPS beat(12)8
Avg EPS beat(12)74.11%
EPS beat(16)10
Avg EPS beat(16)7.04%
Revenue beat(2)0
Avg Revenue beat(2)-3.81%
Min Revenue beat(2)-6.74%
Max Revenue beat(2)-0.87%
Revenue beat(4)1
Avg Revenue beat(4)-3.21%
Min Revenue beat(4)-6.74%
Max Revenue beat(4)1.38%
Revenue beat(8)3
Avg Revenue beat(8)-0.74%
Revenue beat(12)6
Avg Revenue beat(12)0.98%
Revenue beat(16)9
Avg Revenue beat(16)1.24%
PT rev (1m)-10.71%
PT rev (3m)-31.03%
EPS NQ rev (1m)-57.69%
EPS NQ rev (3m)-89%
EPS NY rev (1m)-17.59%
EPS NY rev (3m)-17.59%
Revenue NQ rev (1m)6.43%
Revenue NQ rev (3m)-0.76%
Revenue NY rev (1m)1.97%
Revenue NY rev (3m)1.97%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.78 | ||
| Fwd PE | 10.82 | ||
| P/S | 0.17 | ||
| P/FCF | 7.5 | ||
| P/OCF | 4.75 | ||
| P/B | 1.25 | ||
| P/tB | 1.5 | ||
| EV/EBITDA | 6.1 |
EPS(TTM)2.79
EY7.26%
EPS(NY)3.55
Fwd EY9.24%
FCF(TTM)5.12
FCFY13.33%
OCF(TTM)8.09
OCFY21.03%
SpS222.95
BVpS30.74
TBVpS25.7
PEG (NY)N/A
PEG (5Y)0.38
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.07% | ||
| ROE | 4.08% | ||
| ROCE | 11.3% | ||
| ROIC | 7.08% | ||
| ROICexc | 7.52% | ||
| ROICexgc | 8.22% | ||
| OM | 2.95% | ||
| PM (TTM) | 0.56% | ||
| GM | 18.89% | ||
| FCFM | 2.3% |
ROA(3y)3.14%
ROA(5y)0.52%
ROE(3y)8.66%
ROE(5y)-3.29%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexcg growth 3YN/A
ROICexcg growth 5Y35.18%
ROICexc growth 3YN/A
ROICexc growth 5Y37.6%
OM growth 3YN/A
OM growth 5Y29.18%
PM growth 3YN/A
PM growth 5Y24.88%
GM growth 3Y20.72%
GM growth 5Y4.68%
F-Score5
Asset Turnover1.9
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.62 | ||
| Debt/FCF | 5.21 | ||
| Debt/EBITDA | 2.08 | ||
| Cap/Depr | 113.39% | ||
| Cap/Sales | 1.33% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 87.91% | ||
| Profit Quality | 409.01% | ||
| Current Ratio | 1.4 | ||
| Quick Ratio | 0.65 | ||
| Altman-Z | 2.84 |
F-Score5
WACC8.83%
ROIC/WACC0.8
Cap/Depr(3y)81.76%
Cap/Depr(5y)92.33%
Cap/Sales(3y)0.93%
Cap/Sales(5y)1.21%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-72.1%
EPS 3YN/A
EPS 5Y35.91%
EPS Q2Q%-103.91%
EPS Next Y-78.71%
EPS Next 2Y-36.99%
EPS Next 3Y-19.99%
EPS Next 5Y-11.16%
Revenue 1Y (TTM)-7.11%
Revenue growth 3Y11.89%
Revenue growth 5Y5.53%
Sales Q2Q%-18.11%
Revenue Next Year-11.66%
Revenue Next 2Y-5.9%
Revenue Next 3Y-2.87%
Revenue Next 5Y-1.12%
EBIT growth 1Y-59.3%
EBIT growth 3YN/A
EBIT growth 5Y36.32%
EBIT Next Year-43.59%
EBIT Next 3Y-12.4%
EBIT Next 5Y-3.99%
FCF growth 1Y48.61%
FCF growth 3YN/A
FCF growth 5Y35.41%
OCF growth 1Y68.19%
OCF growth 3YN/A
OCF growth 5Y17.35%