PARK-OHIO HOLDINGS CORP (PKOH) Stock Fundamental Analysis
USA - NASDAQ:PKOH - US7006661000 - Common Stock
20.18 USD
+0.19 (+0.95%)
20.18 USD
0 (0%)
Taking everything into account, PKOH scores 3 out of 10 in our fundamental rating. PKOH was compared to 130 industry peers in the Machinery industry. PKOH has a bad profitability rating. Also its financial health evaluation is rather negative. PKOH is valued correctly, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
In the past year PKOH was profitable.
PKOH had a positive operating cash flow in the past year.
The reported net income has been mixed in the past 5 years: PKOH reported negative net income in multiple years.
In multiple years PKOH reported negative operating cash flow during the last 5 years.
1.2 Ratios
PKOH has a worse Return On Assets (1.96%) than 61.54% of its industry peers.
PKOH's Return On Equity of 7.49% is in line compared to the rest of the industry. PKOH outperforms 49.23% of its industry peers.
Looking at the Return On Invested Capital, with a value of 6.22%, PKOH is in line with its industry, outperforming 46.92% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for PKOH is below the industry average of 10.28%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.96% | ||
| ROE | 7.49% | ||
| ROIC | 6.22% |
ROA(3y)0.64%
ROA(5y)-0.05%
ROE(3y)2.29%
ROE(5y)-0.47%
ROIC(3y)6.45%
ROIC(5y)4.66%
1.3 Margins
The Profit Margin of PKOH (1.73%) is worse than 63.85% of its industry peers.
In the last couple of years the Profit Margin of PKOH has declined.
PKOH has a worse Operating Margin (4.98%) than 63.08% of its industry peers.
PKOH's Operating Margin has been stable in the last couple of years.
PKOH has a Gross Margin of 16.95%. This is in the lower half of the industry: PKOH underperforms 78.46% of its industry peers.
PKOH's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 4.98% | ||
| PM (TTM) | 1.73% | ||
| GM | 16.95% |
OM growth 3Y46.11%
OM growth 5Y-0.08%
PM growth 3YN/A
PM growth 5Y-4.25%
GM growth 3Y6.84%
GM growth 5Y0.78%
2. Health
2.1 Basic Checks
PKOH has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
The number of shares outstanding for PKOH has been increased compared to 1 year ago.
PKOH has more shares outstanding than it did 5 years ago.
Compared to 1 year ago, PKOH has an improved debt to assets ratio.
2.2 Solvency
An Altman-Z score of 2.21 indicates that PKOH is not a great score, but indicates only limited risk for bankruptcy at the moment.
PKOH has a worse Altman-Z score (2.21) than 60.77% of its industry peers.
A Debt/Equity ratio of 1.77 is on the high side and indicates that PKOH has dependencies on debt financing.
PKOH has a worse Debt to Equity ratio (1.77) than 86.92% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.77 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 2.21 |
ROIC/WACC0.68
WACC9.2%
2.3 Liquidity
A Current Ratio of 2.60 indicates that PKOH has no problem at all paying its short term obligations.
With a decent Current ratio value of 2.60, PKOH is doing good in the industry, outperforming 68.46% of the companies in the same industry.
PKOH has a Quick Ratio of 1.33. This is a normal value and indicates that PKOH is financially healthy and should not expect problems in meeting its short term obligations.
PKOH has a Quick ratio (1.33) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.6 | ||
| Quick Ratio | 1.33 |
3. Growth
3.1 Past
PKOH shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 17.21%, which is quite good.
The Earnings Per Share has been decreasing by -0.71% on average over the past years.
The Revenue has decreased by -0.21% in the past year.
PKOH shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 0.46% yearly.
EPS 1Y (TTM)17.21%
EPS 3YN/A
EPS 5Y-0.71%
EPS Q2Q%0%
Revenue 1Y (TTM)-0.21%
Revenue growth 3Y9.05%
Revenue growth 5Y0.46%
Sales Q2Q%0%
3.2 Future
Based on estimates for the next years, PKOH will show a decrease in Earnings Per Share. The EPS will decrease by -5.81% on average per year.
PKOH is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 6.77% yearly.
EPS Next Y-14.81%
EPS Next 2Y-5.81%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year-2.75%
Revenue Next 2Y0.12%
Revenue Next 3Y7.62%
Revenue Next 5Y6.77%
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 accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
PKOH is valuated cheaply with a Price/Earnings ratio of 5.59.
Compared to the rest of the industry, the Price/Earnings ratio of PKOH indicates a rather cheap valuation: PKOH is cheaper than 97.69% of the companies listed in the same industry.
The average S&P500 Price/Earnings ratio is at 25.91. PKOH is valued rather cheaply when compared to this.
A Price/Forward Earnings ratio of 6.30 indicates a rather cheap valuation of PKOH.
PKOH's Price/Forward Earnings ratio is rather cheap when compared to the industry. PKOH is cheaper than 98.46% of the companies in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 34.57. PKOH is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 5.59 | ||
| Fwd PE | 6.3 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, PKOH is valued cheaper than 86.92% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 7.99 |
4.3 Compensation for Growth
PKOH's earnings are expected to decrease with -5.81% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-5.81%
EPS Next 3YN/A
5. Dividend
5.1 Amount
PKOH has a Yearly Dividend Yield of 2.55%. Purely for dividend investing, there may be better candidates out there.
PKOH's Dividend Yield is rather good when compared to the industry average which is at 1.86. PKOH pays more dividend than 89.23% of the companies in the same industry.
Compared to an average S&P500 Dividend Yield of 2.36, PKOH has a dividend comparable with the average S&P500 company.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.55% |
5.2 History
The dividend of PKOH decreases each year by -0.96%.
PKOH has been paying a dividend for at least 10 years, so it has a reliable track record.
PKOH has not decreased its dividend in the last 3 years.
Dividend Growth(5Y)-0.96%
Div Incr Years0
Div Non Decr Years4
5.3 Sustainability
PKOH pays out 26.98% of its income as dividend. This is a sustainable payout ratio.
PKOH's earnings and Dividend Rate are declining. This means the current dividend is most likely not sustainable.
DP26.98%
EPS Next 2Y-5.81%
EPS Next 3YN/A
20.18
+0.19 (+0.95%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryMachinery
Earnings (Last)
Earnings (Next)
Inst Owners52.91%
Inst Owner Change-0.64%
Ins Owners26.03%
Ins Owner Change3.08%
Market Cap290.59M
Revenue(TTM)1.66B
Net Income(TTM)27.80M
Analysts43.33
Price TargetN/A
Short Float %1.18%
Short Ratio4.06
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.55% |
Yearly Dividend0.53
Dividend Growth(5Y)-0.96%
DP26.98%
Div Incr Years0
Div Non Decr Years4
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-9.83%
Min EPS beat(2)-22.51%
Max EPS beat(2)2.84%
EPS beat(4)3
Avg EPS beat(4)1.04%
Min EPS beat(4)-22.51%
Max EPS beat(4)17.87%
EPS beat(8)6
Avg EPS beat(8)4.09%
EPS beat(12)9
Avg EPS beat(12)-2.97%
EPS beat(16)10
Avg EPS beat(16)-52.54%
Revenue beat(2)0
Avg Revenue beat(2)-4.89%
Min Revenue beat(2)-6.54%
Max Revenue beat(2)-3.24%
Revenue beat(4)0
Avg Revenue beat(4)-5.66%
Min Revenue beat(4)-6.68%
Max Revenue beat(4)-3.24%
Revenue beat(8)1
Avg Revenue beat(8)-4.33%
Revenue beat(12)3
Avg Revenue beat(12)-4.42%
Revenue beat(16)4
Avg Revenue beat(16)-7.32%
PT rev (1m)0%
PT rev (3m)0%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-6.21%
EPS NY rev (1m)0%
EPS NY rev (3m)-6.94%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-0.69%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.6%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 5.59 | ||
| Fwd PE | 6.3 | ||
| P/S | 0.18 | ||
| P/FCF | N/A | ||
| P/OCF | 28.21 | ||
| P/B | 0.78 | ||
| P/tB | 1.59 | ||
| EV/EBITDA | 7.99 |
EPS(TTM)3.61
EY17.89%
EPS(NY)3.2
Fwd EY15.87%
FCF(TTM)-1.72
FCFYN/A
OCF(TTM)0.72
OCFY3.54%
SpS111.91
BVpS25.77
TBVpS12.67
PEG (NY)N/A
PEG (5Y)N/A
Graham Number45.75
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.96% | ||
| ROE | 7.49% | ||
| ROCE | 7.39% | ||
| ROIC | 6.22% | ||
| ROICexc | 6.5% | ||
| ROICexgc | 7.94% | ||
| OM | 4.98% | ||
| PM (TTM) | 1.73% | ||
| GM | 16.95% | ||
| FCFM | N/A |
ROA(3y)0.64%
ROA(5y)-0.05%
ROE(3y)2.29%
ROE(5y)-0.47%
ROIC(3y)6.45%
ROIC(5y)4.66%
ROICexc(3y)6.82%
ROICexc(5y)4.93%
ROICexgc(3y)8.5%
ROICexgc(5y)6.15%
ROCE(3y)7.65%
ROCE(5y)5.53%
ROICexgc growth 3Y59.47%
ROICexgc growth 5Y-0.06%
ROICexc growth 3Y59.67%
ROICexc growth 5Y0.35%
OM growth 3Y46.11%
OM growth 5Y-0.08%
PM growth 3YN/A
PM growth 5Y-4.25%
GM growth 3Y6.84%
GM growth 5Y0.78%
F-Score6
Asset Turnover1.13
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.77 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 5.78 | ||
| Cap/Depr | 105.09% | ||
| Cap/Sales | 2.18% | ||
| Interest Coverage | 1.74 | ||
| Cash Conversion | 9.07% | ||
| Profit Quality | N/A | ||
| Current Ratio | 2.6 | ||
| Quick Ratio | 1.33 | ||
| Altman-Z | 2.21 |
F-Score6
WACC9.2%
ROIC/WACC0.68
Cap/Depr(3y)90.49%
Cap/Depr(5y)83.17%
Cap/Sales(3y)1.8%
Cap/Sales(5y)1.78%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)17.21%
EPS 3YN/A
EPS 5Y-0.71%
EPS Q2Q%0%
EPS Next Y-14.81%
EPS Next 2Y-5.81%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)-0.21%
Revenue growth 3Y9.05%
Revenue growth 5Y0.46%
Sales Q2Q%0%
Revenue Next Year-2.75%
Revenue Next 2Y0.12%
Revenue Next 3Y7.62%
Revenue Next 5Y6.77%
EBIT growth 1Y-15.4%
EBIT growth 3Y59.34%
EBIT growth 5Y0.39%
EBIT Next Year46.02%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-36.26%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y9.57%
OCF growth 3YN/A
OCF growth 5Y-14.1%
PARK-OHIO HOLDINGS CORP / PKOH FAQ
What is the fundamental rating for PKOH stock?
ChartMill assigns a fundamental rating of 3 / 10 to PKOH.
What is the valuation status for PKOH stock?
ChartMill assigns a valuation rating of 6 / 10 to PARK-OHIO HOLDINGS CORP (PKOH). This can be considered as Fairly Valued.
What is the profitability of PKOH stock?
PARK-OHIO HOLDINGS CORP (PKOH) has a profitability rating of 2 / 10.
What are the PE and PB ratios of PARK-OHIO HOLDINGS CORP (PKOH) stock?
The Price/Earnings (PE) ratio for PARK-OHIO HOLDINGS CORP (PKOH) is 5.59 and the Price/Book (PB) ratio is 0.78.
Can you provide the dividend sustainability for PKOH stock?
The dividend rating of PARK-OHIO HOLDINGS CORP (PKOH) is 5 / 10 and the dividend payout ratio is 26.98%.