OSHKOSH CORP (OSK) Stock Fundamental Analysis
NYSE:OSK - New York Stock Exchange, Inc. - US6882392011 - Common Stock - Currency: USD
OSK gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 127 industry peers in the Machinery industry. OSK has an average financial health and profitability rating. OSK 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 OSK was profitable.
OSK had a positive operating cash flow in the past year.
In the past 5 years OSK has always been profitable.
OSK had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
OSK has a better Return On Assets (6.29%) than 62.20% of its industry peers.
The Return On Equity of OSK (14.50%) is better than 70.87% of its industry peers.
With a decent Return On Invested Capital value of 11.24%, OSK is doing good in the industry, outperforming 74.02% of the companies in the same industry.
OSK had an Average Return On Invested Capital over the past 3 years of 10.13%. This is in line with the industry average of 10.78%.
The 3 year average ROIC (10.13%) for OSK is below the current ROIC(11.24%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.29% | ||
| ROE | 14.5% | ||
| ROIC | 11.24% |
ROA(3y)5.34%
ROA(5y)5.69%
ROE(3y)12.67%
ROE(5y)12.79%
ROIC(3y)10.13%
ROIC(5y)9.66%
1.3 Margins
OSK has a Profit Margin (5.85%) which is comparable to the rest of the industry.
OSK's Profit Margin has declined in the last couple of years.
With a Operating Margin value of 9.82%, OSK perfoms like the industry average, outperforming 51.97% of the companies in the same industry.
OSK's Operating Margin has improved in the last couple of years.
OSK has a worse Gross Margin (18.09%) than 76.38% of its industry peers.
In the last couple of years the Gross Margin of OSK has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 9.82% | ||
| PM (TTM) | 5.85% | ||
| GM | 18.09% |
OM growth 3Y14.12%
OM growth 5Y2.03%
PM growth 3Y1.3%
PM growth 5Y-1.68%
GM growth 3Y5.04%
GM growth 5Y0.28%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), OSK is creating some value.
OSK has less shares outstanding than it did 1 year ago.
Compared to 5 years ago, OSK has less shares outstanding
The debt/assets ratio for OSK is higher compared to a year ago.
2.2 Solvency
An Altman-Z score of 3.18 indicates that OSK is not in any danger for bankruptcy at the moment.
The Altman-Z score of OSK (3.18) is comparable to the rest of the industry.
OSK has a debt to FCF ratio of 5.10. This is a neutral value as OSK would need 5.10 years to pay back of all of its debts.
OSK has a Debt to FCF ratio of 5.10. This is comparable to the rest of the industry: OSK outperforms 52.76% of its industry peers.
OSK has a Debt/Equity ratio of 0.26. This is a healthy value indicating a solid balance between debt and equity.
OSK has a Debt to Equity ratio of 0.26. This is in the better half of the industry: OSK outperforms 67.72% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.26 | ||
| Debt/FCF | 5.1 | ||
| Altman-Z | 3.18 |
ROIC/WACC1.09
WACC10.29%
2.3 Liquidity
OSK has a Current Ratio of 1.77. This is a normal value and indicates that OSK is financially healthy and should not expect problems in meeting its short term obligations.
OSK has a Current ratio of 1.77. This is in the lower half of the industry: OSK underperforms 62.99% of its industry peers.
OSK has a Quick Ratio of 1.77. This is a bad value and indicates that OSK is not financially healthy enough and could expect problems in meeting its short term obligations.
OSK has a Quick ratio of 0.86. This is in the lower half of the industry: OSK underperforms 72.44% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.77 | ||
| Quick Ratio | 0.86 |
3. Growth
3.1 Past
The earnings per share for OSK have decreased by -3.67% in the last year.
The Earnings Per Share has been growing slightly by 7.13% on average over the past years.
OSK shows a small growth in Revenue. In the last year, the Revenue has grown by 5.69%.
Measured over the past years, OSK shows a small growth in Revenue. The Revenue has been growing by 5.06% on average per year.
EPS 1Y (TTM)-3.67%
EPS 3Y46.29%
EPS 5Y7.13%
EPS Q2Q%-33.56%
Revenue 1Y (TTM)5.69%
Revenue growth 3Y11.52%
Revenue growth 5Y5.06%
Sales Q2Q%-9.08%
3.2 Future
OSK is expected to show a decrease in Earnings Per Share. In the coming years, the EPS will decrease by -4.30% yearly.
The Revenue is expected to grow by 2.63% on average over the next years.
EPS Next Y-11.63%
EPS Next 2Y2.35%
EPS Next 3Y7.02%
EPS Next 5Y-4.3%
Revenue Next Year-2.2%
Revenue Next 2Y1.7%
Revenue Next 3Y3.3%
Revenue Next 5Y2.63%
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 11.45, the valuation of OSK can be described as very reasonable.
Based on the Price/Earnings ratio, OSK is valued cheaper than 90.55% of the companies in the same industry.
OSK is valuated cheaply when we compare the Price/Earnings ratio to 27.50, which is the current average of the S&P500 Index.
Based on the Price/Forward Earnings ratio of 10.03, the valuation of OSK can be described as reasonable.
Compared to the rest of the industry, the Price/Forward Earnings ratio of OSK indicates a rather cheap valuation: OSK is cheaper than 90.55% of the companies listed in the same industry.
When comparing the Price/Forward Earnings ratio of OSK to the average of the S&P500 Index (36.44), we can say OSK is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.45 | ||
| Fwd PE | 10.03 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, OSK is valued cheaply inside the industry as 86.61% of the companies are valued more expensively.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of OSK is on the same level as its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 27.4 | ||
| EV/EBITDA | 7.44 |
4.3 Compensation for Growth
OSK has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)1.61
EPS Next 2Y2.35%
EPS Next 3Y7.02%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 1.64%, OSK has a reasonable but not impressive dividend return.
Compared to an average industry Dividend Yield of 1.85, OSK pays a bit more dividend than its industry peers.
OSK's Dividend Yield is slightly below the S&P500 average, which is at 2.34.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.64% |
5.2 History
On average, the dividend of OSK grows each year by 11.40%, which is quite nice.
OSK has paid a dividend for at least 10 years, which is a reliable track record.
OSK has not decreased their dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)11.4%
Div Incr Years11
Div Non Decr Years11
5.3 Sustainability
OSK pays out 19.99% of its income as dividend. This is a sustainable payout ratio.
DP19.99%
EPS Next 2Y2.35%
EPS Next 3Y7.02%
123.37
-1 (-0.8%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryMachinery
Earnings (Last)
Earnings (Next)
Inst Owners95.69%
Inst Owner Change0%
Ins Owners0.68%
Ins Owner Change3.62%
Market Cap7.94B
Analysts76
Price Target128.28 (3.98%)
Short Float %3.82%
Short Ratio2.97
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.64% |
Yearly Dividend1.85
Dividend Growth(5Y)11.4%
DP19.99%
Div Incr Years11
Div Non Decr Years11
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)5.34%
Min EPS beat(2)-7.25%
Max EPS beat(2)17.93%
EPS beat(4)2
Avg EPS beat(4)5.24%
Min EPS beat(4)-7.25%
Max EPS beat(4)17.93%
EPS beat(8)6
Avg EPS beat(8)20.33%
EPS beat(12)7
Avg EPS beat(12)11.27%
EPS beat(16)9
Avg EPS beat(16)6.63%
Revenue beat(2)1
Avg Revenue beat(2)1.11%
Min Revenue beat(2)-5.17%
Max Revenue beat(2)7.38%
Revenue beat(4)3
Avg Revenue beat(4)1.54%
Min Revenue beat(4)-5.17%
Max Revenue beat(4)7.38%
Revenue beat(8)6
Avg Revenue beat(8)1.78%
Revenue beat(12)7
Avg Revenue beat(12)0.73%
Revenue beat(16)10
Avg Revenue beat(16)1.56%
PT rev (1m)15.18%
PT rev (3m)-0.11%
EPS NQ rev (1m)-0.55%
EPS NQ rev (3m)-3.47%
EPS NY rev (1m)-0.18%
EPS NY rev (3m)-4.19%
Revenue NQ rev (1m)-0.37%
Revenue NQ rev (3m)-1.32%
Revenue NY rev (1m)-0.13%
Revenue NY rev (3m)-1.74%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.45 | ||
| Fwd PE | 10.03 | ||
| P/S | 0.76 | ||
| P/FCF | 27.4 | ||
| P/OCF | 15.54 | ||
| P/B | 1.88 | ||
| P/tB | 3.88 | ||
| EV/EBITDA | 7.44 |
EPS(TTM)10.77
EY8.73%
EPS(NY)12.3
Fwd EY9.97%
FCF(TTM)4.5
FCFY3.65%
OCF(TTM)7.94
OCFY6.43%
SpS163.11
BVpS65.79
TBVpS31.77
PEG (NY)N/A
PEG (5Y)1.61
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.29% | ||
| ROE | 14.5% | ||
| ROCE | 14.69% | ||
| ROIC | 11.24% | ||
| ROICexc | 11.58% | ||
| ROICexgc | 17.08% | ||
| OM | 9.82% | ||
| PM (TTM) | 5.85% | ||
| GM | 18.09% | ||
| FCFM | 2.76% |
ROA(3y)5.34%
ROA(5y)5.69%
ROE(3y)12.67%
ROE(5y)12.79%
ROIC(3y)10.13%
ROIC(5y)9.66%
ROICexc(3y)10.69%
ROICexc(5y)11.01%
ROICexgc(3y)16.66%
ROICexgc(5y)18%
ROCE(3y)13.25%
ROCE(5y)12.64%
ROICexcg growth 3Y-2.02%
ROICexcg growth 5Y-7.37%
ROICexc growth 3Y3.63%
ROICexc growth 5Y-5.16%
OM growth 3Y14.12%
OM growth 5Y2.03%
PM growth 3Y1.3%
PM growth 5Y-1.68%
GM growth 3Y5.04%
GM growth 5Y0.28%
F-Score5
Asset Turnover1.08
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.26 | ||
| Debt/FCF | 5.1 | ||
| Debt/EBITDA | 0.89 | ||
| Cap/Depr | 106.81% | ||
| Cap/Sales | 2.11% | ||
| Interest Coverage | 8.81 | ||
| Cash Conversion | 41.29% | ||
| Profit Quality | 47.18% | ||
| Current Ratio | 1.77 | ||
| Quick Ratio | 0.86 | ||
| Altman-Z | 3.18 |
F-Score5
WACC10.29%
ROIC/WACC1.09
Cap/Depr(3y)201.27%
Cap/Depr(5y)167.83%
Cap/Sales(3y)3.12%
Cap/Sales(5y)2.55%
Profit Quality(3y)90.1%
Profit Quality(5y)113.04%
High Growth Momentum
Growth
EPS 1Y (TTM)-3.67%
EPS 3Y46.29%
EPS 5Y7.13%
EPS Q2Q%-33.56%
EPS Next Y-11.63%
EPS Next 2Y2.35%
EPS Next 3Y7.02%
EPS Next 5Y-4.3%
Revenue 1Y (TTM)5.69%
Revenue growth 3Y11.52%
Revenue growth 5Y5.06%
Sales Q2Q%-9.08%
Revenue Next Year-2.2%
Revenue Next 2Y1.7%
Revenue Next 3Y3.3%
Revenue Next 5Y2.63%
EBIT growth 1Y-0.06%
EBIT growth 3Y27.26%
EBIT growth 5Y7.2%
EBIT Next Year6.92%
EBIT Next 3Y8.82%
EBIT Next 5Y-1.38%
FCF growth 1Y2475.41%
FCF growth 3Y-37.59%
FCF growth 5Y-7.35%
OCF growth 1Y45.09%
OCF growth 3Y-23.35%
OCF growth 5Y-0.65%