HYSTER-YALE INC (HY) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:HY - US4491721050 - Common Stock
29.08 USD
+0.42 (+1.47%)
29.08 USD
0 (0%)
Taking everything into account, HY scores 4 out of 10 in our fundamental rating. HY was compared to 130 industry peers in the Machinery industry. HY may be in some trouble as it scores bad on both profitability and health. HY has a valuation in line with the averages, but it does not seem to be growing. HY also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
In the past year HY was profitable.
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 0.13%, HY is not doing good in the industry: 67.69% of the companies in the same industry are doing better.
With a Return On Equity value of 0.50%, HY is not doing good in the industry: 66.15% of the companies in the same industry are doing better.
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 67.69% of its industry peers.
HY's Profit Margin has improved in the last couple of years.
HY has a worse Operating Margin (2.22%) than 69.23% of its industry peers.
In the last couple of years the Operating Margin of HY has grown nicely.
Looking at the Gross Margin, with a value of 18.13%, HY is doing worse than 76.92% of the companies in the same industry.
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
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 2.71 indicates that HY is not a great score, but indicates only limited risk for bankruptcy at the moment.
HY has a Altman-Z score (2.71) 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's Debt to FCF ratio of 8.74 is in line compared to the rest of the industry. HY outperforms 43.08% of its industry peers.
HY has a Debt/Equity ratio of 0.61. This is a neutral value indicating HY is somewhat dependend on debt financing.
HY's Debt to Equity ratio of 0.61 is in line compared to the rest of the industry. HY outperforms 40.77% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.61 | ||
| Debt/FCF | 8.74 | ||
| Altman-Z | 2.71 |
ROIC/WACC0.65
WACC8.27%
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.
Looking at the Current ratio, with a value of 1.39, HY is doing worse than 78.46% of the companies in the same industry.
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.
HY has a Quick ratio of 0.68. This is amonst the worse of the industry: HY underperforms 83.85% 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.
HY shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 35.91% yearly.
HY shows a decrease in Revenue. In the last year, the revenue decreased by -8.30%.
The Revenue has been growing slightly by 5.53% on average over the past years.
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
Based on estimates for the next years, HY will show a very negative growth in Earnings Per Share. The EPS will decrease by -31.61% on average per year.
HY is expected to show a decrease in Revenue. In the coming years, the Revenue will decrease by -0.87% yearly.
EPS Next Y-86.54%
EPS Next 2Y-36.99%
EPS Next 3Y-19.99%
EPS Next 5Y-31.61%
Revenue Next Year-11.66%
Revenue Next 2Y-5.9%
Revenue Next 3Y-2.87%
Revenue Next 5Y-0.87%
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.
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 16.81, HY is valued correctly.
Based on the Price/Earnings ratio, HY is valued a bit cheaper than 79.23% of the companies in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 26.31, HY is valued a bit cheaper.
Based on the Price/Forward Earnings ratio of 8.18, the valuation of HY can be described as reasonable.
96.92% of the companies in the same industry are more expensive than HY, based on the Price/Forward Earnings ratio.
Compared to an average S&P500 Price/Forward Earnings ratio of 36.59, HY is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 16.81 | ||
| Fwd PE | 8.18 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, HY is valued cheaper than 95.38% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, HY is valued cheaply inside the industry as 93.08% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 9.64 | ||
| EV/EBITDA | 6.25 |
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)0.47
EPS Next 2Y-36.99%
EPS Next 3Y-19.99%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 5.44%, HY is a good candidate for dividend investing.
The stock price of HY dropped by -22.45% in the last 3 months. With lower prices the dividend yield is higher, but it may be a sign investors do not trust the long term dividend.
Compared to an average industry Dividend Yield of 1.90, HY pays a better dividend. On top of this HY pays more dividend than 98.46% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 2.34, HY pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.44% |
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
925.93% of the earnings are spent on dividend by HY. 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-36.99%
EPS Next 3Y-19.99%
29.08
+0.42 (+1.47%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryMachinery
Earnings (Last)
Earnings (Next)
Inst Owners62.1%
Inst Owner Change-4.32%
Ins Owners17.32%
Ins Owner Change0.91%
Market Cap515.59M
Revenue(TTM)3.91B
Net Income(TTM)2.70M
Analysts82
Price Target37.23 (28.03%)
Short Float %3.56%
Short Ratio5.34
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.44% |
Yearly Dividend1.39
Dividend Growth(5Y)1.92%
DP925.93%
Div Incr Years11
Div Non Decr Years11
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-42.63%
Min EPS beat(2)-122.84%
Max EPS beat(2)37.59%
EPS beat(4)3
Avg EPS beat(4)-20.15%
Min EPS beat(4)-122.84%
Max EPS beat(4)37.59%
EPS beat(8)5
Avg EPS beat(8)-6.86%
EPS beat(12)9
Avg EPS beat(12)77.46%
EPS beat(16)11
Avg EPS beat(16)35.74%
Revenue beat(2)0
Avg Revenue beat(2)-0.7%
Min Revenue beat(2)-0.87%
Max Revenue beat(2)-0.53%
Revenue beat(4)1
Avg Revenue beat(4)-1.69%
Min Revenue beat(4)-6.74%
Max Revenue beat(4)1.38%
Revenue beat(8)2
Avg Revenue beat(8)-1.44%
Revenue beat(12)6
Avg Revenue beat(12)1.12%
Revenue beat(16)8
Avg Revenue beat(16)1.13%
PT rev (1m)-27%
PT rev (3m)-34.82%
EPS NQ rev (1m)55.56%
EPS NQ rev (3m)47.37%
EPS NY rev (1m)0%
EPS NY rev (3m)-47.88%
Revenue NQ rev (1m)-1.45%
Revenue NQ rev (3m)-1.45%
Revenue NY rev (1m)0%
Revenue NY rev (3m)1.97%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 16.81 | ||
| Fwd PE | 8.18 | ||
| P/S | 0.13 | ||
| P/FCF | 9.64 | ||
| P/OCF | 4.67 | ||
| P/B | 0.96 | ||
| P/tB | 1.15 | ||
| EV/EBITDA | 6.25 |
EPS(TTM)1.73
EY5.95%
EPS(NY)3.55
Fwd EY12.22%
FCF(TTM)3.02
FCFY10.38%
OCF(TTM)6.22
OCFY21.39%
SpS220.73
BVpS30.23
TBVpS25.24
PEG (NY)N/A
PEG (5Y)0.47
Graham Number34.3
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.13% | ||
| ROE | 0.5% | ||
| ROCE | 8.49% | ||
| ROIC | 5.41% | ||
| ROICexc | 5.78% | ||
| ROICexgc | 6.33% | ||
| OM | 2.22% | ||
| PM (TTM) | 0.07% | ||
| GM | 18.13% | ||
| FCFM | 1.37% |
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 | 0.61 | ||
| Debt/FCF | 8.74 | ||
| Debt/EBITDA | 2.46 | ||
| Cap/Depr | 123.75% | ||
| Cap/Sales | 1.45% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 83.06% | ||
| Profit Quality | 1981.48% | ||
| Current Ratio | 1.39 | ||
| Quick Ratio | 0.68 | ||
| Altman-Z | 2.71 |
F-Score5
WACC8.27%
ROIC/WACC0.65
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)-80.58%
EPS 3YN/A
EPS 5Y35.91%
EPS Q2Q%-109.28%
EPS Next Y-86.54%
EPS Next 2Y-36.99%
EPS Next 3Y-19.99%
EPS Next 5Y-31.61%
Revenue 1Y (TTM)-8.3%
Revenue growth 3Y11.89%
Revenue growth 5Y5.53%
Sales Q2Q%-3.64%
Revenue Next Year-11.66%
Revenue Next 2Y-5.9%
Revenue Next 3Y-2.87%
Revenue Next 5Y-0.87%
EBIT growth 1Y-66.73%
EBIT growth 3YN/A
EBIT growth 5Y36.32%
EBIT Next Year-54.2%
EBIT Next 3Y-8.47%
EBIT Next 5Y-13.74%
FCF growth 1Y-35.85%
FCF growth 3YN/A
FCF growth 5Y35.41%
OCF growth 1Y-0.99%
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 4 / 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 16.81 and the Price/Book (PB) ratio is 0.96.
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%.