HYSTER-YALE INC (HY) Stock Fundamental Analysis
USA - NYSE:HY - US4491721050 - Common Stock
37.72 USD
+0.51 (+1.37%)
37.72 USD
0 (0%)
Overall HY gets a fundamental rating of 3 out of 10. We evaluated HY against 130 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 on the other hand it scores bad on growth.
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.
In multiple years HY reported negative net income over the last 5 years.
Of the past 5 years HY 4 years had a positive operating cash flow.
1.2 Ratios
With a Return On Assets value of 1.07%, HY is not doing good in the industry: 63.85% of the companies in the same industry are doing better.
HY's Return On Equity of 4.08% is on the low side compared to the rest of the industry. HY is outperformed by 61.54% of its industry peers.
With a Return On Invested Capital value of 7.08%, HY perfoms like the industry average, outperforming 54.62% of the companies in the same 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
HY's Profit Margin of 0.56% is on the low side compared to the rest of the industry. HY is outperformed by 65.38% of its industry peers.
In the last couple of years the Profit Margin of HY has grown nicely.
With a Operating Margin value of 2.95%, HY is not doing good in the industry: 68.46% of the companies in the same industry are doing better.
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 74.62% of its industry peers.
In the last couple of years the Gross Margin of HY has grown nicely.
| 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
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), HY is destroying value.
HY has more shares outstanding than it did 1 year ago.
Compared to 5 years ago, HY has more shares outstanding
The debt/assets ratio for HY has been reduced compared to a year ago.
2.2 Solvency
An Altman-Z score of 2.83 indicates that HY is not a great score, but indicates only limited risk for bankruptcy at the moment.
With a Altman-Z score value of 2.83, HY perfoms like the industry average, outperforming 50.00% of the companies in the same industry.
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 (5.21) which is in line with its industry peers.
A Debt/Equity ratio of 0.62 indicates that HY is somewhat dependend on debt financing.
The Debt to Equity ratio of HY (0.62) is worse than 62.31% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.62 | ||
| Debt/FCF | 5.21 | ||
| Altman-Z | 2.83 |
ROIC/WACC0.83
WACC8.52%
2.3 Liquidity
HY has a Current Ratio of 1.40. This is a normal value and indicates that HY is financially healthy and should not expect problems in meeting its short term obligations.
With a Current ratio value of 1.40, HY is not doing good in the industry: 79.23% of the companies in the same industry are doing better.
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.
The Quick ratio of HY (0.65) is worse than 86.92% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.4 | ||
| Quick Ratio | 0.65 |
3. Growth
3.1 Past
The earnings per share for HY have decreased strongly by -72.10% 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.
The Revenue has decreased by -7.11% in the past year.
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)-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
Based on estimates for the next years, HY will show a very negative growth in Earnings Per Share. The EPS will decrease by -11.16% on average per year.
HY is expected to show a decrease in Revenue. In the coming years, the Revenue will decrease by -1.12% yearly.
EPS Next Y-86.54%
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
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
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
With a Price/Earnings ratio of 13.52, HY is valued correctly.
Based on the Price/Earnings ratio, HY is valued cheaply inside the industry as 89.23% of the companies are valued more expensively.
When comparing the Price/Earnings ratio of HY to the average of the S&P500 Index (26.89), we can say HY is valued slightly cheaper.
With a Price/Forward Earnings ratio of 10.61, the valuation of HY can be described as very reasonable.
94.62% of the companies in the same industry are more expensive than HY, based on the Price/Forward Earnings ratio.
HY's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 22.99.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.52 | ||
| Fwd PE | 10.61 |
4.2 Price Multiples
HY's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. HY is cheaper than 96.15% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, HY is valued cheaply inside the industry as 95.38% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 7.36 | ||
| EV/EBITDA | 6.02 |
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
With a Yearly Dividend Yield of 3.87%, HY has a reasonable but not impressive dividend return.
Compared to an average industry Dividend Yield of 1.78, HY pays a better dividend. On top of this HY pays more dividend than 96.15% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 2.31, HY pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.87% |
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 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%
37.72
+0.51 (+1.37%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryMachinery
Earnings (Last)
Earnings (Next)
Inst Owners62.1%
Inst Owner Change-1%
Ins Owners17.32%
Ins Owner Change0.91%
Market Cap668.40M
Revenue(TTM)3.95B
Net Income(TTM)22.20M
Analysts82
Price Target51 (35.21%)
Short Float %3.29%
Short Ratio5.45
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.87% |
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)0%
PT rev (3m)-10.71%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-153.85%
EPS NY rev (1m)0%
EPS NY rev (3m)-47.88%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)6.43%
Revenue NY rev (1m)0%
Revenue NY rev (3m)1.97%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.52 | ||
| Fwd PE | 10.61 | ||
| P/S | 0.17 | ||
| P/FCF | 7.36 | ||
| P/OCF | 4.66 | ||
| P/B | 1.23 | ||
| P/tB | 1.47 | ||
| EV/EBITDA | 6.02 |
EPS(TTM)2.79
EY7.4%
EPS(NY)3.55
Fwd EY9.42%
FCF(TTM)5.12
FCFY13.58%
OCF(TTM)8.09
OCFY21.44%
SpS222.95
BVpS30.74
TBVpS25.7
PEG (NY)N/A
PEG (5Y)0.38
Graham Number43.93
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
ROICexgc growth 3YN/A
ROICexgc 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 | 2.83 |
F-Score5
WACC8.52%
ROIC/WACC0.83
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-86.54%
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-54.2%
EBIT Next 3Y-8.47%
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%
HYSTER-YALE INC / HY FAQ
What is the fundamental rating for HY stock?
ChartMill assigns a fundamental rating of 3 / 10 to HY.
What is the valuation status for HY stock?
ChartMill assigns a valuation rating of 6 / 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 is the valuation of HYSTER-YALE INC based on its PE and PB ratios?
The Price/Earnings (PE) ratio for HYSTER-YALE INC (HY) is 13.52 and the Price/Book (PB) ratio is 1.23.
Can you provide the dividend sustainability for HY stock?
The dividend rating of HYSTER-YALE INC (HY) is 6 / 10 and the dividend payout ratio is 111.71%.