MANITOWOC COMPANY INC (MTW) Stock Fundamental Analysis
NYSE:MTW - New York Stock Exchange, Inc. - US5635714059 - Common Stock - Currency: USD
MTW gets a fundamental rating of 3 out of 10. The analysis compared the fundamentals against 128 industry peers in the Machinery industry. MTW has a bad profitability rating. Also its financial health evaluation is rather negative. MTW has a valuation in line with the averages, but on the other hand it scores bad on growth.
1. Profitability
1.1 Basic Checks
In the past year MTW was profitable.
In the past year MTW had a positive cash flow from operations.
The reported net income has been mixed in the past 5 years: MTW reported negative net income in multiple years.
MTW had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
The Return On Assets of MTW (2.55%) is comparable to the rest of the industry.
MTW has a Return On Equity (6.91%) which is in line with its industry peers.
Looking at the Return On Invested Capital, with a value of 3.43%, MTW is doing worse than 64.06% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for MTW is below the industry average of 10.67%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.55% | ||
| ROE | 6.91% | ||
| ROIC | 3.43% |
ROA(3y)-0.66%
ROA(5y)-0.51%
ROE(3y)-2.59%
ROE(5y)-1.82%
ROIC(3y)6.03%
ROIC(5y)5.29%
1.3 Margins
MTW has a Profit Margin of 2.09%. This is in the lower half of the industry: MTW underperforms 60.94% of its industry peers.
In the last couple of years the Profit Margin of MTW has remained more or less at the same level.
Looking at the Operating Margin, with a value of 2.17%, MTW is doing worse than 70.31% of the companies in the same industry.
MTW's Operating Margin has declined in the last couple of years.
Looking at the Gross Margin, with a value of 17.29%, MTW is doing worse than 77.34% of the companies in the same industry.
In the last couple of years the Gross Margin of MTW has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 2.17% | ||
| PM (TTM) | 2.09% | ||
| GM | 17.29% |
OM growth 3Y-13.61%
OM growth 5Y-16.67%
PM growth 3Y58.83%
PM growth 5Y0.17%
GM growth 3Y-1.21%
GM growth 5Y-1.7%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), MTW is destroying value.
The number of shares outstanding for MTW remains at a similar level compared to 1 year ago.
MTW has less shares outstanding than it did 5 years ago.
The debt/assets ratio for MTW is higher compared to a year ago.
2.2 Solvency
MTW has an Altman-Z score of 2.01. This is not the best score and indicates that MTW is in the grey zone with still only limited risk for bankruptcy at the moment.
The Altman-Z score of MTW (2.01) is worse than 69.53% of its industry peers.
The Debt to FCF ratio of MTW is 11.24, which is on the high side as it means it would take MTW, 11.24 years of fcf income to pay off all of its debts.
MTW's Debt to FCF ratio of 11.24 is on the low side compared to the rest of the industry. MTW is outperformed by 64.06% of its industry peers.
A Debt/Equity ratio of 0.59 indicates that MTW is somewhat dependend on debt financing.
MTW's Debt to Equity ratio of 0.59 is on the low side compared to the rest of the industry. MTW is outperformed by 60.16% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.59 | ||
| Debt/FCF | 11.24 | ||
| Altman-Z | 2.01 |
ROIC/WACC0.3
WACC11.56%
2.3 Liquidity
A Current Ratio of 1.90 indicates that MTW should not have too much problems paying its short term obligations.
MTW has a Current ratio (1.90) which is comparable to the rest of the industry.
MTW has a Quick Ratio of 1.90. This is a bad value and indicates that MTW is not financially healthy enough and could expect problems in meeting its short term obligations.
The Quick ratio of MTW (0.64) is worse than 90.63% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.9 | ||
| Quick Ratio | 0.64 |
3. Growth
3.1 Past
The earnings per share for MTW have decreased strongly by -90.83% in the last year.
The earnings per share for MTW have been decreasing by -26.49% on average. This is quite bad
MTW shows a decrease in Revenue. In the last year, the revenue decreased by -2.75%.
MTW shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 3.50% yearly.
EPS 1Y (TTM)-90.83%
EPS 3Y-22.18%
EPS 5Y-26.49%
EPS Q2Q%-214.29%
Revenue 1Y (TTM)-2.75%
Revenue growth 3Y8.18%
Revenue growth 5Y3.5%
Sales Q2Q%-4.89%
3.2 Future
Based on estimates for the next years, MTW will show a very strong growth in Earnings Per Share. The EPS will grow by 42.98% on average per year.
MTW is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 2.48% yearly.
EPS Next Y-31.7%
EPS Next 2Y29.66%
EPS Next 3Y42.98%
EPS Next 5YN/A
Revenue Next Year1.64%
Revenue Next 2Y3%
Revenue Next 3Y2.48%
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better 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
Based on the Price/Earnings ratio of 98.55, the valuation of MTW can be described as expensive.
Based on the Price/Earnings ratio, MTW is valued a bit more expensive than the industry average as 73.44% of the companies are valued more cheaply.
MTW is valuated expensively when we compare the Price/Earnings ratio to 26.31, which is the current average of the S&P500 Index.
With a Price/Forward Earnings ratio of 15.73, MTW is valued correctly.
MTW's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. MTW is cheaper than 64.84% of the companies in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 22.06. MTW is valued slightly cheaper when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 98.55 | ||
| Fwd PE | 15.73 |
4.2 Price Multiples
89.06% of the companies in the same industry are more expensive than MTW, based on the Enterprise Value to EBITDA ratio.
MTW's Price/Free Cash Flow ratio is rather cheap when compared to the industry. MTW is cheaper than 89.06% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 10.82 | ||
| EV/EBITDA | 6.76 |
4.3 Compensation for Growth
A more expensive valuation may be justified as MTW's earnings are expected to grow with 42.98% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y29.66%
EPS Next 3Y42.98%
5. Dividend
5.1 Amount
No dividends for MTW!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
10.84
+0.1 (+0.93%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryMachinery
Earnings (Last)
Earnings (Next)
Inst Owners77.27%
Inst Owner Change0.05%
Ins Owners3.25%
Ins Owner Change10.68%
Market Cap384.17M
Analysts50
Price Target11.07 (2.12%)
Short Float %2.01%
Short Ratio2.38
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DP0%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-42.49%
Min EPS beat(2)-68.53%
Max EPS beat(2)-16.45%
EPS beat(4)0
Avg EPS beat(4)-89.43%
Min EPS beat(4)-223.76%
Max EPS beat(4)-16.45%
EPS beat(8)2
Avg EPS beat(8)-4.43%
EPS beat(12)5
Avg EPS beat(12)27.17%
EPS beat(16)7
Avg EPS beat(16)107.92%
Revenue beat(2)0
Avg Revenue beat(2)-3.01%
Min Revenue beat(2)-3.86%
Max Revenue beat(2)-2.16%
Revenue beat(4)1
Avg Revenue beat(4)-3.09%
Min Revenue beat(4)-6.95%
Max Revenue beat(4)0.6%
Revenue beat(8)4
Avg Revenue beat(8)1.21%
Revenue beat(12)6
Avg Revenue beat(12)0.25%
Revenue beat(16)8
Avg Revenue beat(16)0.64%
PT rev (1m)0%
PT rev (3m)-0.69%
EPS NQ rev (1m)-7.92%
EPS NQ rev (3m)-20.51%
EPS NY rev (1m)-38.66%
EPS NY rev (3m)-58.93%
Revenue NQ rev (1m)1.25%
Revenue NQ rev (3m)0.56%
Revenue NY rev (1m)1.31%
Revenue NY rev (3m)0.63%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 98.55 | ||
| Fwd PE | 15.73 | ||
| P/S | 0.18 | ||
| P/FCF | 10.82 | ||
| P/OCF | 4.14 | ||
| P/B | 0.59 | ||
| P/tB | 0.85 | ||
| EV/EBITDA | 6.76 |
EPS(TTM)0.11
EY1.01%
EPS(NY)0.69
Fwd EY6.36%
FCF(TTM)1
FCFY9.24%
OCF(TTM)2.62
OCFY24.13%
SpS60.77
BVpS18.39
TBVpS12.73
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.55% | ||
| ROE | 6.91% | ||
| ROCE | 3.86% | ||
| ROIC | 3.43% | ||
| ROICexc | 3.55% | ||
| ROICexgc | 4.28% | ||
| OM | 2.17% | ||
| PM (TTM) | 2.09% | ||
| GM | 17.29% | ||
| FCFM | 1.65% |
ROA(3y)-0.66%
ROA(5y)-0.51%
ROE(3y)-2.59%
ROE(5y)-1.82%
ROIC(3y)6.03%
ROIC(5y)5.29%
ROICexc(3y)6.3%
ROICexc(5y)5.6%
ROICexgc(3y)7.78%
ROICexgc(5y)7.41%
ROCE(3y)6.8%
ROCE(5y)5.96%
ROICexcg growth 3Y-11.87%
ROICexcg growth 5Y-20.45%
ROICexc growth 3Y-5.43%
ROICexc growth 5Y-16.33%
OM growth 3Y-13.61%
OM growth 5Y-16.67%
PM growth 3Y58.83%
PM growth 5Y0.17%
GM growth 3Y-1.21%
GM growth 5Y-1.7%
F-Score5
Asset Turnover1.22
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.59 | ||
| Debt/FCF | 11.24 | ||
| Debt/EBITDA | 3.47 | ||
| Cap/Depr | 90.65% | ||
| Cap/Sales | 2.66% | ||
| Interest Coverage | 1.3 | ||
| Cash Conversion | 84.43% | ||
| Profit Quality | 78.89% | ||
| Current Ratio | 1.9 | ||
| Quick Ratio | 0.64 | ||
| Altman-Z | 2.01 |
F-Score5
WACC11.56%
ROIC/WACC0.3
Cap/Depr(3y)99.7%
Cap/Depr(5y)91.08%
Cap/Sales(3y)2.87%
Cap/Sales(5y)2.56%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-90.83%
EPS 3Y-22.18%
EPS 5Y-26.49%
EPS Q2Q%-214.29%
EPS Next Y-31.7%
EPS Next 2Y29.66%
EPS Next 3Y42.98%
EPS Next 5YN/A
Revenue 1Y (TTM)-2.75%
Revenue growth 3Y8.18%
Revenue growth 5Y3.5%
Sales Q2Q%-4.89%
Revenue Next Year1.64%
Revenue Next 2Y3%
Revenue Next 3Y2.48%
Revenue Next 5YN/A
EBIT growth 1Y-41.11%
EBIT growth 3Y-6.55%
EBIT growth 5Y-13.76%
EBIT Next Year94.06%
EBIT Next 3Y35.96%
EBIT Next 5YN/A
FCF growth 1Y54.35%
FCF growth 3Y-53.93%
FCF growth 5YN/A
OCF growth 1Y6.92%
OCF growth 3Y-13.57%
OCF growth 5YN/A