110.96 USD
-0.48 (-0.43%)
110.96 USD
0 (0%)
We assign a fundamental rating of 4 out of 10 to PCAR. PCAR was compared to 132 industry peers in the Machinery industry. While PCAR belongs to the best of the industry regarding profitability, there are concerns on its financial health. PCAR has a valuation in line with the averages, but on the other hand it scores bad on growth.
1. Profitability
1.1 Basic Checks
PCAR had positive earnings in the past year.
In the past year PCAR had a positive cash flow from operations.
PCAR had positive earnings in each of the past 5 years.
PCAR had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
Looking at the Return On Assets, with a value of 6.09%, PCAR is in the better half of the industry, outperforming 65.91% of the companies in the same industry.
PCAR's Return On Equity of 13.89% is fine compared to the rest of the industry. PCAR outperforms 71.21% of its industry peers.
PCAR has a better Return On Invested Capital (8.57%) than 62.88% of its industry peers.
The Average Return On Invested Capital over the past 3 years for PCAR is above the industry average of 10.27%.
The last Return On Invested Capital (8.57%) for PCAR is well below the 3 year average (13.42%), which needs to be investigated, but indicates that PCAR had better years and this may not be a problem.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.09% | ||
| ROE | 13.89% | ||
| ROIC | 8.57% |
ROA(3y)9.97%
ROA(5y)8.16%
ROE(3y)25.21%
ROE(5y)20.84%
ROIC(3y)13.42%
ROIC(5y)10.79%
1.3 Margins
PCAR's Profit Margin of 9.11% is fine compared to the rest of the industry. PCAR outperforms 69.70% of its industry peers.
In the last couple of years the Profit Margin of PCAR has grown nicely.
Looking at the Operating Margin, with a value of 14.04%, PCAR is in the better half of the industry, outperforming 68.94% of the companies in the same industry.
In the last couple of years the Operating Margin of PCAR has grown nicely.
With a Gross Margin value of 20.67%, PCAR is not doing good in the industry: 70.45% of the companies in the same industry are doing better.
PCAR's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 14.04% | ||
| PM (TTM) | 9.11% | ||
| GM | 20.67% |
OM growth 3Y16.77%
OM growth 5Y5.85%
PM growth 3Y15.94%
PM growth 5Y5.8%
GM growth 3Y6.2%
GM growth 5Y2.74%
2. Health
2.1 Basic Checks
PCAR has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
Compared to 1 year ago, PCAR has more shares outstanding
PCAR has more shares outstanding than it did 5 years ago.
The debt/assets ratio for PCAR is higher compared to a year ago.
2.2 Solvency
PCAR has an Altman-Z score of 3.12. This indicates that PCAR is financially healthy and has little risk of bankruptcy at the moment.
PCAR has a Altman-Z score (3.12) which is in line with its industry peers.
PCAR has a debt to FCF ratio of 4.96. This is a neutral value as PCAR would need 4.96 years to pay back of all of its debts.
PCAR's Debt to FCF ratio of 4.96 is in line compared to the rest of the industry. PCAR outperforms 56.06% of its industry peers.
PCAR has a Debt/Equity ratio of 0.82. This is a neutral value indicating PCAR is somewhat dependend on debt financing.
PCAR's Debt to Equity ratio of 0.82 is on the low side compared to the rest of the industry. PCAR is outperformed by 73.48% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.82 | ||
| Debt/FCF | 4.96 | ||
| Altman-Z | 3.12 |
ROIC/WACC0.95
WACC8.99%
2.3 Liquidity
A Current Ratio of 1.76 indicates that PCAR should not have too much problems paying its short term obligations.
Looking at the Current ratio, with a value of 1.76, PCAR is doing worse than 62.88% of the companies in the same industry.
PCAR has a Quick Ratio of 1.38. This is a normal value and indicates that PCAR is financially healthy and should not expect problems in meeting its short term obligations.
Looking at the Quick ratio, with a value of 1.38, PCAR is in line with its industry, outperforming 59.09% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.76 | ||
| Quick Ratio | 1.38 |
3. Growth
3.1 Past
PCAR shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -42.91%.
PCAR shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 11.55% yearly.
The Revenue for PCAR has decreased by -15.22% in the past year. This is quite bad
The Revenue has been growing slightly by 5.63% on average over the past years.
EPS 1Y (TTM)-42.91%
EPS 3Y30.73%
EPS 5Y11.55%
EPS Q2Q%-39.46%
Revenue 1Y (TTM)-15.22%
Revenue growth 3Y12.69%
Revenue growth 5Y5.63%
Sales Q2Q%-13.4%
3.2 Future
Based on estimates for the next years, PCAR will show a small growth in Earnings Per Share. The EPS will grow by 3.01% on average per year.
PCAR is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 0.91% yearly.
EPS Next Y-37.57%
EPS Next 2Y-12.61%
EPS Next 3Y-3.12%
EPS Next 5Y3.01%
Revenue Next Year-16.66%
Revenue Next 2Y-7.72%
Revenue Next 3Y-1.6%
Revenue Next 5Y0.91%
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 21.71, PCAR is valued on the expensive side.
Compared to the rest of the industry, the Price/Earnings ratio of PCAR indicates a somewhat cheap valuation: PCAR is cheaper than 65.91% of the companies listed in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 26.84, PCAR is valued at the same level.
PCAR is valuated rather expensively with a Price/Forward Earnings ratio of 18.37.
65.15% of the companies in the same industry are more expensive than PCAR, based on the Price/Forward Earnings ratio.
Compared to an average S&P500 Price/Forward Earnings ratio of 23.40, PCAR is valued a bit cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 21.71 | ||
| Fwd PE | 18.37 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of PCAR indicates a somewhat cheap valuation: PCAR is cheaper than 65.15% of the companies listed in the same industry.
73.48% of the companies in the same industry are more expensive than PCAR, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 18.25 | ||
| EV/EBITDA | 13.09 |
4.3 Compensation for Growth
The decent profitability rating of PCAR may justify a higher PE ratio.
PCAR's earnings are expected to decrease with -3.12% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)1.88
EPS Next 2Y-12.61%
EPS Next 3Y-3.12%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 1.18%, PCAR has a reasonable but not impressive dividend return.
Compared to an average industry Dividend Yield of 0.98, PCAR pays a bit more dividend than its industry peers.
With a Dividend Yield of 1.18, PCAR pays less dividend than the S&P500 average, which is at 2.00.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.18% |
5.2 History
On average, the dividend of PCAR grows each year by 14.79%, which is quite nice.
PCAR has been paying a dividend for at least 10 years, so it has a reliable track record.
Dividend Growth(5Y)14.79%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
PCAR pays out 83.66% of its income as dividend. This is not a sustainable payout ratio.
The dividend of PCAR is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP83.66%
EPS Next 2Y-12.61%
EPS Next 3Y-3.12%
110.96
-0.48 (-0.43%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryMachinery
Earnings (Last)
Earnings (Next)
Inst Owners72.43%
Inst Owner Change0.64%
Ins Owners1.23%
Ins Owner Change0.13%
Market Cap58.28B
Revenue(TTM)29.53B
Net Income(TTM)2.69B
Analysts71.11
Price Target112.01 (0.95%)
Short Float %2.6%
Short Ratio4
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.18% |
Yearly Dividend4.37
Dividend Growth(5Y)14.79%
DP83.66%
Div Incr Years0
Div Non Decr Years0
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-0.9%
Min EPS beat(2)-5.82%
Max EPS beat(2)4.02%
EPS beat(4)1
Avg EPS beat(4)-11.55%
Min EPS beat(4)-40.48%
Max EPS beat(4)4.02%
EPS beat(8)3
Avg EPS beat(8)-3.58%
EPS beat(12)7
Avg EPS beat(12)1.94%
EPS beat(16)11
Avg EPS beat(16)3.94%
Revenue beat(2)2
Avg Revenue beat(2)3.45%
Min Revenue beat(2)2.16%
Max Revenue beat(2)4.73%
Revenue beat(4)4
Avg Revenue beat(4)2.57%
Min Revenue beat(4)1.69%
Max Revenue beat(4)4.73%
Revenue beat(8)7
Avg Revenue beat(8)2.87%
Revenue beat(12)11
Avg Revenue beat(12)4.14%
Revenue beat(16)15
Avg Revenue beat(16)5.53%
PT rev (1m)3.35%
PT rev (3m)5.48%
EPS NQ rev (1m)0.37%
EPS NQ rev (3m)-17.02%
EPS NY rev (1m)-2.52%
EPS NY rev (3m)-5.34%
Revenue NQ rev (1m)0.39%
Revenue NQ rev (3m)-7.65%
Revenue NY rev (1m)0.03%
Revenue NY rev (3m)-2.38%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 21.71 | ||
| Fwd PE | 18.37 | ||
| P/S | 1.97 | ||
| P/FCF | 18.25 | ||
| P/OCF | 12.35 | ||
| P/B | 3.01 | ||
| P/tB | 3.01 | ||
| EV/EBITDA | 13.09 |
EPS(TTM)5.11
EY4.61%
EPS(NY)6.04
Fwd EY5.44%
FCF(TTM)6.08
FCFY5.48%
OCF(TTM)8.98
OCFY8.09%
SpS56.23
BVpS36.88
TBVpS36.88
PEG (NY)N/A
PEG (5Y)1.88
Graham Number65.12
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.09% | ||
| ROE | 13.89% | ||
| ROCE | 10.88% | ||
| ROIC | 8.57% | ||
| ROICexc | 11.24% | ||
| ROICexgc | 13.16% | ||
| OM | 14.04% | ||
| PM (TTM) | 9.11% | ||
| GM | 20.67% | ||
| FCFM | 10.82% |
ROA(3y)9.97%
ROA(5y)8.16%
ROE(3y)25.21%
ROE(5y)20.84%
ROIC(3y)13.42%
ROIC(5y)10.79%
ROICexc(3y)18.27%
ROICexc(5y)14.41%
ROICexgc(3y)21.43%
ROICexgc(5y)16.79%
ROCE(3y)20.03%
ROCE(5y)15.72%
ROICexgc growth 3Y25.83%
ROICexgc growth 5Y8.05%
ROICexc growth 3Y23.77%
ROICexc growth 5Y6.45%
OM growth 3Y16.77%
OM growth 5Y5.85%
PM growth 3Y15.94%
PM growth 5Y5.8%
GM growth 3Y6.2%
GM growth 5Y2.74%
F-Score4
Asset Turnover0.67
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.82 | ||
| Debt/FCF | 4.96 | ||
| Debt/EBITDA | 3.18 | ||
| Cap/Depr | 181.03% | ||
| Cap/Sales | 5.16% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 94.56% | ||
| Profit Quality | 118.7% | ||
| Current Ratio | 1.76 | ||
| Quick Ratio | 1.38 | ||
| Altman-Z | 3.12 |
F-Score4
WACC8.99%
ROIC/WACC0.95
Cap/Depr(3y)167.67%
Cap/Depr(5y)167.99%
Cap/Sales(3y)4.53%
Cap/Sales(5y)5.86%
Profit Quality(3y)62.51%
Profit Quality(5y)64.23%
High Growth Momentum
Growth
EPS 1Y (TTM)-42.91%
EPS 3Y30.73%
EPS 5Y11.55%
EPS Q2Q%-39.46%
EPS Next Y-37.57%
EPS Next 2Y-12.61%
EPS Next 3Y-3.12%
EPS Next 5Y3.01%
Revenue 1Y (TTM)-15.22%
Revenue growth 3Y12.69%
Revenue growth 5Y5.63%
Sales Q2Q%-13.4%
Revenue Next Year-16.66%
Revenue Next 2Y-7.72%
Revenue Next 3Y-1.6%
Revenue Next 5Y0.91%
EBIT growth 1Y-37.9%
EBIT growth 3Y31.59%
EBIT growth 5Y11.81%
EBIT Next Year-23.27%
EBIT Next 3Y1.91%
EBIT Next 5Y5.83%
FCF growth 1Y4.92%
FCF growth 3Y73.55%
FCF growth 5Y26.62%
OCF growth 1Y10.94%
OCF growth 3Y28.51%
OCF growth 5Y10.16%
PACCAR INC / PCAR FAQ
Can you provide the ChartMill fundamental rating for PACCAR INC?
ChartMill assigns a fundamental rating of 4 / 10 to PCAR.
Can you provide the valuation status for PACCAR INC?
ChartMill assigns a valuation rating of 4 / 10 to PACCAR INC (PCAR). This can be considered as Fairly Valued.
What is the profitability of PCAR stock?
PACCAR INC (PCAR) has a profitability rating of 7 / 10.
What is the earnings growth outlook for PACCAR INC?
The Earnings per Share (EPS) of PACCAR INC (PCAR) is expected to decline by -37.57% in the next year.
Can you provide the dividend sustainability for PCAR stock?
The dividend rating of PACCAR INC (PCAR) is 4 / 10 and the dividend payout ratio is 83.66%.