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MANITEX INTERNATIONAL INC (MNTX) Stock Fundamental Analysis

NASDAQ:MNTX - Nasdaq - US5634201082 - Common Stock - Currency: USD

5.8  +0.01 (+0.17%)

Fundamental Rating

3

Overall MNTX gets a fundamental rating of 3 out of 10. We evaluated MNTX against 128 industry peers in the Machinery industry. While MNTX is still in line with the averages on profitability rating, there are concerns on its financial health. MNTX has a correct valuation and a medium growth rate.


Dividend Valuation Growth Profitability Health

4

1. Profitability

1.1 Basic Checks

MNTX had positive earnings in the past year.
In the past year MNTX had a positive cash flow from operations.
MNTX had negative earnings in 4 of the past 5 years.
Of the past 5 years MNTX 4 years had a positive operating cash flow.
MNTX Yearly Net Income VS EBIT VS OCF VS FCFMNTX Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 0 10M -10M -20M -30M

1.2 Ratios

With a Return On Assets value of 3.75%, MNTX perfoms like the industry average, outperforming 50.39% of the companies in the same industry.
MNTX has a better Return On Equity (12.45%) than 64.34% of its industry peers.
MNTX has a Return On Invested Capital of 9.67%. This is in the better half of the industry: MNTX outperforms 66.67% of its industry peers.
MNTX had an Average Return On Invested Capital over the past 3 years of 3.96%. This is significantly below the industry average of 10.71%.
The 3 year average ROIC (3.96%) for MNTX is below the current ROIC(9.67%), indicating increased profibility in the last year.
Industry RankSector Rank
ROA 3.75%
ROE 12.45%
ROIC 9.67%
ROA(3y)-0.58%
ROA(5y)-2.79%
ROE(3y)-1.72%
ROE(5y)-7.11%
ROIC(3y)3.96%
ROIC(5y)N/A
MNTX Yearly ROA, ROE, ROICMNTX Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2015 2016 2017 2018 2019 2020 2021 2022 2023 0 -20 -40

1.3 Margins

Looking at the Profit Margin, with a value of 3.19%, MNTX is in line with its industry, outperforming 42.64% of the companies in the same industry.
MNTX's Operating Margin of 6.85% is in line compared to the rest of the industry. MNTX outperforms 43.41% of its industry peers.
In the last couple of years the Operating Margin of MNTX has grown nicely.
With a Gross Margin value of 22.56%, MNTX is not doing good in the industry: 68.99% of the companies in the same industry are doing better.
In the last couple of years the Gross Margin of MNTX has grown nicely.
Industry RankSector Rank
OM 6.85%
PM (TTM) 3.19%
GM 22.56%
OM growth 3YN/A
OM growth 5Y19.07%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y5.07%
GM growth 5Y3.32%
MNTX Yearly Profit, Operating, Gross MarginsMNTX Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2015 2016 2017 2018 2019 2020 2021 2022 2023 0 10 -10 20 -20

1

2. Health

2.1 Basic Checks

With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), MNTX is destroying value.
The number of shares outstanding for MNTX has been increased compared to 1 year ago.
Compared to 5 years ago, MNTX has more shares outstanding
Compared to 1 year ago, MNTX has an improved debt to assets ratio.
MNTX Yearly Shares OutstandingMNTX Yearly Shares OutstandingYearly Shares Outstanding 2015 2016 2017 2018 2019 2020 2021 2022 2023 5M 10M 15M 20M
MNTX Yearly Total Debt VS Total AssetsMNTX Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2015 2016 2017 2018 2019 2020 2021 2022 2023 100M 200M 300M 400M

2.2 Solvency

Based on the Altman-Z score of 1.76, we must say that MNTX is in the distress zone and has some risk of bankruptcy.
MNTX has a worse Altman-Z score (1.76) than 73.64% of its industry peers.
MNTX has a debt to FCF ratio of 163.64. This is a negative value and a sign of low solvency as MNTX would need 163.64 years to pay back of all of its debts.
MNTX's Debt to FCF ratio of 163.64 is on the low side compared to the rest of the industry. MNTX is outperformed by 68.22% of its industry peers.
MNTX has a Debt/Equity ratio of 0.86. This is a neutral value indicating MNTX is somewhat dependend on debt financing.
MNTX's Debt to Equity ratio of 0.86 is on the low side compared to the rest of the industry. MNTX is outperformed by 79.07% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.86
Debt/FCF 163.64
Altman-Z 1.76
ROIC/WACC0.97
WACC10.01%
MNTX Yearly LT Debt VS Equity VS FCFMNTX Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 0 50M 100M

2.3 Liquidity

MNTX has a Current Ratio of 1.64. This is a normal value and indicates that MNTX is financially healthy and should not expect problems in meeting its short term obligations.
Looking at the Current ratio, with a value of 1.64, MNTX is doing worse than 71.32% of the companies in the same industry.
A Quick Ratio of 0.66 indicates that MNTX may have some problems paying its short term obligations.
MNTX has a worse Quick ratio (0.66) than 87.60% of its industry peers.
Industry RankSector Rank
Current Ratio 1.64
Quick Ratio 0.66
MNTX Yearly Current Assets VS Current LiabilitesMNTX Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2015 2016 2017 2018 2019 2020 2021 2022 2023 50M 100M 150M

4

3. Growth

3.1 Past

MNTX shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 74.36%, which is quite impressive.
The Earnings Per Share has been growing by 12.70% on average over the past years. This is quite good.
Looking at the last year, MNTX shows a small growth in Revenue. The Revenue has grown by 1.12% in the last year.
MNTX shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 3.78% yearly.
EPS 1Y (TTM)74.36%
EPS 3YN/A
EPS 5Y12.7%
EPS Q2Q%-35.71%
Revenue 1Y (TTM)1.12%
Revenue growth 3Y20.27%
Revenue growth 5Y3.78%
Sales Q2Q%-6.72%

3.2 Future

Based on estimates for the next years, MNTX will show a small growth in Earnings Per Share. The EPS will grow by 6.61% on average per year.
Based on estimates for the next years, MNTX will show a small growth in Revenue. The Revenue will grow by 4.22% on average per year.
EPS Next Y-32%
EPS Next 2Y8.31%
EPS Next 3Y13.5%
EPS Next 5Y6.61%
Revenue Next Year6.22%
Revenue Next 2Y9.11%
Revenue Next 3Y6%
Revenue Next 5Y4.22%

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 stable: in the next years the growth will be about the same than in the last years.
MNTX Yearly Revenue VS EstimatesMNTX Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 100M 200M 300M 400M
MNTX Yearly EPS VS EstimatesMNTX Yearly EPS VS EstimatesYearly EPS VS Estimates 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 0 0.2 0.4 0.6 0.8

5

4. Valuation

4.1 Price/Earnings Ratio

A Price/Earnings ratio of 8.53 indicates a reasonable valuation of MNTX.
92.25% of the companies in the same industry are more expensive than MNTX, based on the Price/Earnings ratio.
When comparing the Price/Earnings ratio of MNTX to the average of the S&P500 Index (27.21), we can say MNTX is valued rather cheaply.
With a Price/Forward Earnings ratio of 8.24, the valuation of MNTX can be described as very reasonable.
Based on the Price/Forward Earnings ratio, MNTX is valued cheaply inside the industry as 95.35% of the companies are valued more expensively.
When comparing the Price/Forward Earnings ratio of MNTX to the average of the S&P500 Index (21.70), we can say MNTX is valued rather cheaply.
Industry RankSector Rank
PE 8.53
Fwd PE 8.24
MNTX Price Earnings VS Forward Price EarningsMNTX Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30 40 50

4.2 Price Multiples

MNTX's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. MNTX is cheaper than 90.70% of the companies in the same industry.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of MNTX indicates a slightly more expensive valuation: MNTX is more expensive than 67.44% of the companies listed in the same industry.
Industry RankSector Rank
P/FCF 219.52
EV/EBITDA 6.49
MNTX Per share dataMNTX EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 5 10

4.3 Compensation for Growth

MNTX's earnings are expected to grow with 13.50% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)0.67
EPS Next 2Y8.31%
EPS Next 3Y13.5%

0

5. Dividend

5.1 Amount

MNTX does not give a dividend.
Industry RankSector Rank
Dividend Yield N/A

MANITEX INTERNATIONAL INC

NASDAQ:MNTX (12/31/2024, 8:00:00 PM)

5.8

+0.01 (+0.17%)

Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryMachinery
Earnings (Last)11-07 2024-11-07/bmo
Earnings (Next)N/A N/A
Inst Owners56.62%
Inst Owner Change-94.74%
Ins Owners6.88%
Ins Owner Change0%
Market Cap118.32M
Analysts43.33
Price Target5.92 (2.07%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield N/A
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-6.86%
Min EPS beat(2)-11.76%
Max EPS beat(2)-1.96%
EPS beat(4)2
Avg EPS beat(4)70.28%
Min EPS beat(4)-11.76%
Max EPS beat(4)177.78%
EPS beat(8)6
Avg EPS beat(8)164.09%
EPS beat(12)8
Avg EPS beat(12)125.09%
EPS beat(16)11
Avg EPS beat(16)116.53%
Revenue beat(2)0
Avg Revenue beat(2)-9.03%
Min Revenue beat(2)-12.44%
Max Revenue beat(2)-5.62%
Revenue beat(4)1
Avg Revenue beat(4)-4.25%
Min Revenue beat(4)-12.44%
Max Revenue beat(4)2.81%
Revenue beat(8)4
Avg Revenue beat(8)-1.58%
Revenue beat(12)7
Avg Revenue beat(12)-0.42%
Revenue beat(16)11
Avg Revenue beat(16)1.23%
PT rev (1m)0%
PT rev (3m)-21.62%
EPS NQ rev (1m)0%
EPS NQ rev (3m)0%
EPS NY rev (1m)0%
EPS NY rev (3m)0%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0%
Valuation
Industry RankSector Rank
PE 8.53
Fwd PE 8.24
P/S 0.4
P/FCF 219.52
P/OCF 10.52
P/B 1.57
P/tB 4.22
EV/EBITDA 6.49
EPS(TTM)0.68
EY11.72%
EPS(NY)0.7
Fwd EY12.13%
FCF(TTM)0.03
FCFY0.46%
OCF(TTM)0.55
OCFY9.5%
SpS14.45
BVpS3.7
TBVpS1.37
PEG (NY)N/A
PEG (5Y)0.67
Profitability
Industry RankSector Rank
ROA 3.75%
ROE 12.45%
ROCE 12.24%
ROIC 9.67%
ROICexc 9.93%
ROICexgc 14.08%
OM 6.85%
PM (TTM) 3.19%
GM 22.56%
FCFM 0.18%
ROA(3y)-0.58%
ROA(5y)-2.79%
ROE(3y)-1.72%
ROE(5y)-7.11%
ROIC(3y)3.96%
ROIC(5y)N/A
ROICexc(3y)4.25%
ROICexc(5y)N/A
ROICexgc(3y)6.52%
ROICexgc(5y)N/A
ROCE(3y)5.01%
ROCE(5y)N/A
ROICexcg growth 3YN/A
ROICexcg growth 5Y17.66%
ROICexc growth 3YN/A
ROICexc growth 5Y21.73%
OM growth 3YN/A
OM growth 5Y19.07%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y5.07%
GM growth 5Y3.32%
F-Score8
Asset Turnover1.17
Health
Industry RankSector Rank
Debt/Equity 0.86
Debt/FCF 163.64
Debt/EBITDA 2.07
Cap/Depr 97.54%
Cap/Sales 3.63%
Interest Coverage 2.52
Cash Conversion 36.06%
Profit Quality 5.73%
Current Ratio 1.64
Quick Ratio 0.66
Altman-Z 1.76
F-Score8
WACC10.01%
ROIC/WACC0.97
Cap/Depr(3y)86.89%
Cap/Depr(5y)63.01%
Cap/Sales(3y)2.97%
Cap/Sales(5y)2.03%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)74.36%
EPS 3YN/A
EPS 5Y12.7%
EPS Q2Q%-35.71%
EPS Next Y-32%
EPS Next 2Y8.31%
EPS Next 3Y13.5%
EPS Next 5Y6.61%
Revenue 1Y (TTM)1.12%
Revenue growth 3Y20.27%
Revenue growth 5Y3.78%
Sales Q2Q%-6.72%
Revenue Next Year6.22%
Revenue Next 2Y9.11%
Revenue Next 3Y6%
Revenue Next 5Y4.22%
EBIT growth 1Y32.05%
EBIT growth 3YN/A
EBIT growth 5Y23.56%
EBIT Next Year92.73%
EBIT Next 3Y34.02%
EBIT Next 5Y17.3%
FCF growth 1Y102.43%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y239.65%
OCF growth 3Y-43.04%
OCF growth 5Y17.35%