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 128 industry peers in the Machinery industry. OSK has an average financial health and profitability rating. OSK is valued correctly, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
In the past year OSK was profitable.
In the past year OSK had a positive cash flow from operations.
OSK had positive earnings in each of the past 5 years.
OSK had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
OSK's Return On Assets of 6.29% is fine compared to the rest of the industry. OSK outperforms 62.50% of its industry peers.
Looking at the Return On Equity, with a value of 14.50%, OSK is in the better half of the industry, outperforming 71.09% of the companies in the same industry.
OSK has a Return On Invested Capital of 11.24%. This is in the better half of the industry: OSK outperforms 74.22% of its industry peers.
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 10.69%.
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
With a Profit Margin value of 5.85%, OSK perfoms like the industry average, outperforming 53.91% of the companies in the same industry.
OSK's Profit Margin has declined in the last couple of years.
OSK has a Operating Margin (9.82%) which is comparable to the rest of the industry.
OSK's Operating Margin has improved in the last couple of years.
Looking at the Gross Margin, with a value of 18.09%, OSK is doing worse than 76.56% of the companies in the same industry.
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
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so OSK is still creating some value.
Compared to 1 year ago, OSK has less shares outstanding
Compared to 5 years ago, OSK has less shares outstanding
Compared to 1 year ago, OSK has a worse debt to assets ratio.
2.2 Solvency
An Altman-Z score of 3.20 indicates that OSK is not in any danger for bankruptcy at the moment.
OSK's Altman-Z score of 3.20 is in line compared to the rest of the industry. OSK outperforms 53.13% of its industry peers.
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's Debt to FCF ratio of 5.10 is in line compared to the rest of the industry. OSK outperforms 53.13% 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.
The Debt to Equity ratio of OSK (0.26) is better than 67.97% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.26 | ||
| Debt/FCF | 5.1 | ||
| Altman-Z | 3.2 |
ROIC/WACC1.08
WACC10.36%
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 62.50% of its industry peers.
A Quick Ratio of 0.86 indicates that OSK may have some problems paying its short term obligations.
Looking at the Quick ratio, with a value of 0.86, OSK is doing worse than 72.66% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.77 | ||
| Quick Ratio | 0.86 |
3. Growth
3.1 Past
OSK shows a slight negative growth in Earnings Per Share. In the last year, the EPS has decreased by -3.67%.
Measured over the past 5 years, OSK shows a small growth in Earnings Per Share. The EPS has been growing by 7.13% on average per year.
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
The Earnings Per Share is expected to decrease by -4.30% on average over the next years.
Based on estimates for the next years, OSK will show a small growth in Revenue. The Revenue will grow by 2.63% on average per year.
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.
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
OSK is valuated reasonably with a Price/Earnings ratio of 11.68.
90.63% of the companies in the same industry are more expensive than OSK, based on the Price/Earnings ratio.
When comparing the Price/Earnings ratio of OSK to the average of the S&P500 Index (27.30), we can say OSK is valued rather cheaply.
A Price/Forward Earnings ratio of 10.23 indicates a reasonable valuation of OSK.
Based on the Price/Forward Earnings ratio, OSK is valued cheaply inside the industry as 92.19% of the companies are valued more expensively.
OSK is valuated cheaply when we compare the Price/Forward Earnings ratio to 21.76, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.68 | ||
| Fwd PE | 10.23 |
4.2 Price Multiples
86.72% of the companies in the same industry are more expensive than OSK, based on the Enterprise Value to EBITDA ratio.
The rest of the industry has a similar Price/Free Cash Flow ratio as OSK.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 27.95 | ||
| EV/EBITDA | 7.57 |
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)1.64
EPS Next 2Y2.35%
EPS Next 3Y7.02%
5. Dividend
5.1 Amount
OSK has a Yearly Dividend Yield of 1.61%. Purely for dividend investing, there may be better candidates out there.
Compared to an average industry Dividend Yield of 1.81, OSK pays a bit more dividend than its industry peers.
OSK's Dividend Yield is slightly below the S&P500 average, which is at 2.35.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.61% |
5.2 History
The dividend of OSK is nicely growing with an annual growth rate of 11.40%!
OSK has been paying a dividend for at least 10 years, so it has 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%
125.82
-0.8 (-0.63%)
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 Cap8.10B
Analysts76
Price Target124.13 (-1.34%)
Short Float %3.19%
Short Ratio2.5
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.61% |
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)11.45%
PT rev (3m)-3.35%
EPS NQ rev (1m)-0.55%
EPS NQ rev (3m)-3.47%
EPS NY rev (1m)0.21%
EPS NY rev (3m)-6.2%
Revenue NQ rev (1m)-0.37%
Revenue NQ rev (3m)-1.32%
Revenue NY rev (1m)-0.18%
Revenue NY rev (3m)-1.74%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.68 | ||
| Fwd PE | 10.23 | ||
| P/S | 0.77 | ||
| P/FCF | 27.95 | ||
| P/OCF | 15.85 | ||
| P/B | 1.91 | ||
| P/tB | 3.96 | ||
| EV/EBITDA | 7.57 |
EPS(TTM)10.77
EY8.56%
EPS(NY)12.3
Fwd EY9.78%
FCF(TTM)4.5
FCFY3.58%
OCF(TTM)7.94
OCFY6.31%
SpS163.11
BVpS65.79
TBVpS31.77
PEG (NY)N/A
PEG (5Y)1.64
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 | 3.2 |
F-Score5
WACC10.36%
ROIC/WACC1.08
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%