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 decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
In the past year MTW was profitable.
MTW had a positive operating cash flow in the past year.
The reported net income has been mixed in the past 5 years: MTW reported negative net income in multiple years.
Of the past 5 years MTW 4 years had a positive operating cash flow.
1.2 Ratios
MTW's Return On Assets of 2.55% is in line compared to the rest of the industry. MTW outperforms 43.75% of its industry peers.
MTW has a Return On Equity of 6.91%. This is comparable to the rest of the industry: MTW outperforms 42.19% of its industry peers.
Looking at the Return On Invested Capital, with a value of 3.43%, MTW is doing worse than 63.28% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for MTW is below the industry average of 10.71%.
| 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
With a Profit Margin value of 2.09%, MTW is not doing good in the industry: 60.16% of the companies in the same industry are doing better.
In the last couple of years the Profit Margin of MTW has remained more or less at the same level.
MTW has a worse Operating Margin (2.17%) than 70.31% of its industry peers.
In the last couple of years the Operating Margin of MTW has declined.
MTW has a worse Gross Margin (17.29%) than 77.34% of its industry peers.
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
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so MTW is destroying value.
MTW has about the same amout of shares outstanding than it did 1 year ago.
Compared to 5 years ago, MTW has less shares outstanding
Compared to 1 year ago, MTW has a worse debt to assets ratio.
2.2 Solvency
An Altman-Z score of 2.05 indicates that MTW is not a great score, but indicates only limited risk for bankruptcy at the moment.
With a Altman-Z score value of 2.05, MTW is not doing good in the industry: 67.19% of the companies in the same industry are doing better.
MTW has a debt to FCF ratio of 11.24. This is a negative value and a sign of low solvency as MTW would need 11.24 years to pay back of all of its debts.
Looking at the Debt to FCF ratio, with a value of 11.24, MTW is doing worse than 64.06% of the companies in the same industry.
A Debt/Equity ratio of 0.59 indicates that MTW is somewhat dependend on debt financing.
MTW has a worse Debt to Equity ratio (0.59) than 60.16% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.59 | ||
| Debt/FCF | 11.24 | ||
| Altman-Z | 2.05 |
ROIC/WACC0.29
WACC11.77%
2.3 Liquidity
A Current Ratio of 1.90 indicates that MTW should not have too much problems paying its short term obligations.
MTW's Current ratio of 1.90 is in line compared to the rest of the industry. MTW outperforms 44.53% of its industry peers.
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
MTW shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -90.83%.
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%.
Measured over the past years, MTW shows a small growth in Revenue. The Revenue has been growing by 3.50% on average per year.
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
The Earnings Per Share is expected to grow by 42.04% on average over the next years. This is a very strong growth
The Revenue is expected to grow by 2.94% on average over the next years.
EPS Next Y-15.69%
EPS Next 2Y31.55%
EPS Next 3Y42.04%
EPS Next 5YN/A
Revenue Next Year2.64%
Revenue Next 2Y3.51%
Revenue Next 3Y2.94%
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 stable: in the next years the growth will be about the same than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
MTW is valuated quite expensively with a Price/Earnings ratio of 117.09.
Based on the Price/Earnings ratio, MTW is valued a bit more expensive than 72.66% of the companies in the same industry.
MTW's Price/Earnings ratio indicates a rather expensive valuation when compared to the S&P500 average which is at 27.45.
MTW is valuated rather expensively with a Price/Forward Earnings ratio of 18.15.
63.28% of the companies in the same industry are more expensive than MTW, based on the Price/Forward Earnings ratio.
MTW's Price/Forward Earnings ratio indicates a similar valuation than the S&P500 average which is at 21.90.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 117.09 | ||
| Fwd PE | 18.15 |
4.2 Price Multiples
87.50% of the companies in the same industry are more expensive than MTW, based on the Enterprise Value to EBITDA ratio.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of MTW indicates a rather cheap valuation: MTW is cheaper than 89.06% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 12.86 | ||
| EV/EBITDA | 7.41 |
4.3 Compensation for Growth
A more expensive valuation may be justified as MTW's earnings are expected to grow with 42.04% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y31.55%
EPS Next 3Y42.04%
5. Dividend
5.1 Amount
MTW does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
12.88
+0.12 (+0.94%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryMachinery
Earnings (Last)
Earnings (Next)
Inst Owners77.31%
Inst Owner Change0.05%
Ins Owners4.97%
Ins Owner Change10.68%
Market Cap456.47M
Analysts50
Price Target11.42 (-11.34%)
Short Float %2.85%
Short Ratio3.52
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)3.23%
PT rev (3m)-6.2%
EPS NQ rev (1m)30.65%
EPS NQ rev (3m)7.52%
EPS NY rev (1m)23.44%
EPS NY rev (3m)-34.81%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0.56%
Revenue NY rev (1m)0.98%
Revenue NY rev (3m)1.62%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 117.09 | ||
| Fwd PE | 18.15 | ||
| P/S | 0.21 | ||
| P/FCF | 12.86 | ||
| P/OCF | 4.92 | ||
| P/B | 0.7 | ||
| P/tB | 1.01 | ||
| EV/EBITDA | 7.41 |
EPS(TTM)0.11
EY0.85%
EPS(NY)0.71
Fwd EY5.51%
FCF(TTM)1
FCFY7.78%
OCF(TTM)2.62
OCFY20.31%
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 | 2.05 |
F-Score5
WACC11.77%
ROIC/WACC0.29
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-15.69%
EPS Next 2Y31.55%
EPS Next 3Y42.04%
EPS Next 5YN/A
Revenue 1Y (TTM)-2.75%
Revenue growth 3Y8.18%
Revenue growth 5Y3.5%
Sales Q2Q%-4.89%
Revenue Next Year2.64%
Revenue Next 2Y3.51%
Revenue Next 3Y2.94%
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