DOUGLAS DYNAMICS INC (PLOW) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:PLOW - US25960R1059 - Common Stock
32.44 USD
-0.06 (-0.18%)
32.44 USD
0 (0%)
PLOW gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 130 industry peers in the Machinery industry. PLOW has only an average score on both its financial health and profitability. A decent growth rate in combination with a cheap valuation! Better keep an eye on PLOW. PLOW also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
PLOW had positive earnings in the past year.
PLOW had a positive operating cash flow in the past year.
Of the past 5 years PLOW 4 years were profitable.
Each year in the past 5 years PLOW had a positive operating cash flow.
1.2 Ratios
PLOW's Return On Assets of 5.90% is fine compared to the rest of the industry. PLOW outperforms 65.38% of its industry peers.
With a decent Return On Equity value of 14.89%, PLOW is doing good in the industry, outperforming 76.92% of the companies in the same industry.
PLOW's Return On Invested Capital of 9.01% is fine compared to the rest of the industry. PLOW outperforms 66.15% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for PLOW is below the industry average of 10.34%.
The 3 year average ROIC (7.76%) for PLOW is below the current ROIC(9.01%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.9% | ||
| ROE | 14.89% | ||
| ROIC | 9.01% |
ROA(3y)6.6%
ROA(5y)2.04%
ROE(3y)15.79%
ROE(5y)3.68%
ROIC(3y)7.76%
ROIC(5y)7.94%
1.3 Margins
The Profit Margin of PLOW (6.66%) is comparable to the rest of the industry.
In the last couple of years the Profit Margin of PLOW has grown nicely.
With a Operating Margin value of 10.93%, PLOW perfoms like the industry average, outperforming 57.69% of the companies in the same industry.
In the last couple of years the Operating Margin of PLOW has declined.
Looking at the Gross Margin, with a value of 26.38%, PLOW is doing worse than 60.00% of the companies in the same industry.
PLOW's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 10.93% | ||
| PM (TTM) | 6.66% | ||
| GM | 26.38% |
OM growth 3Y-4.63%
OM growth 5Y-11.17%
PM growth 3Y19.55%
PM growth 5Y2.69%
GM growth 3Y-0.48%
GM growth 5Y-2.64%
2. Health
2.1 Basic Checks
PLOW has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
Compared to 1 year ago, PLOW has more shares outstanding
The number of shares outstanding for PLOW has been increased compared to 5 years ago.
The debt/assets ratio for PLOW has been reduced compared to a year ago.
2.2 Solvency
An Altman-Z score of 2.78 indicates that PLOW is not a great score, but indicates only limited risk for bankruptcy at the moment.
PLOW has a Altman-Z score of 2.78. This is comparable to the rest of the industry: PLOW outperforms 48.46% of its industry peers.
PLOW has a debt to FCF ratio of 5.07. This is a neutral value as PLOW would need 5.07 years to pay back of all of its debts.
PLOW has a Debt to FCF ratio (5.07) which is comparable to the rest of the industry.
PLOW has a Debt/Equity ratio of 0.73. This is a neutral value indicating PLOW is somewhat dependend on debt financing.
PLOW has a Debt to Equity ratio of 0.73. This is in the lower half of the industry: PLOW underperforms 69.23% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.73 | ||
| Debt/FCF | 5.07 | ||
| Altman-Z | 2.78 |
ROIC/WACC0.91
WACC9.88%
2.3 Liquidity
A Current Ratio of 2.01 indicates that PLOW has no problem at all paying its short term obligations.
With a Current ratio value of 2.01, PLOW perfoms like the industry average, outperforming 46.92% of the companies in the same industry.
PLOW has a Quick Ratio of 1.09. This is a normal value and indicates that PLOW is financially healthy and should not expect problems in meeting its short term obligations.
With a Quick ratio value of 1.09, PLOW is not doing good in the industry: 60.00% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.01 | ||
| Quick Ratio | 1.09 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 61.60% over the past year.
PLOW shows a decrease in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -9.74% yearly.
Looking at the last year, PLOW shows a decrease in Revenue. The Revenue has decreased by -6.08% in the last year.
The Revenue has been decreasing by -0.11% on average over the past years.
EPS 1Y (TTM)61.6%
EPS 3Y-4.41%
EPS 5Y-9.74%
EPS Q2Q%66.67%
Revenue 1Y (TTM)-6.08%
Revenue growth 3Y1.64%
Revenue growth 5Y-0.11%
Sales Q2Q%25.29%
3.2 Future
PLOW is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 19.68% yearly.
PLOW is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 6.61% yearly.
EPS Next Y48.96%
EPS Next 2Y30.88%
EPS Next 3Y27.12%
EPS Next 5Y19.68%
Revenue Next Year10.13%
Revenue Next 2Y8.69%
Revenue Next 3Y7.81%
Revenue Next 5Y6.61%
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 accelerating.
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
Based on the Price/Earnings ratio of 16.06, the valuation of PLOW can be described as correct.
Based on the Price/Earnings ratio, PLOW is valued cheaper than 81.54% of the companies in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 26.15, PLOW is valued a bit cheaper.
The Price/Forward Earnings ratio is 13.06, which indicates a correct valuation of PLOW.
Compared to the rest of the industry, the Price/Forward Earnings ratio of PLOW indicates a rather cheap valuation: PLOW is cheaper than 81.54% of the companies listed in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 36.12, PLOW is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 16.06 | ||
| Fwd PE | 13.06 |
4.2 Price Multiples
71.54% of the companies in the same industry are more expensive than PLOW, based on the Enterprise Value to EBITDA ratio.
Based on the Price/Free Cash Flow ratio, PLOW is valued a bit cheaper than 71.54% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 18.1 | ||
| EV/EBITDA | 10.67 |
4.3 Compensation for Growth
The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
PLOW's earnings are expected to grow with 27.12% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.33
PEG (5Y)N/A
EPS Next 2Y30.88%
EPS Next 3Y27.12%
5. Dividend
5.1 Amount
PLOW has a Yearly Dividend Yield of 3.92%.
PLOW's Dividend Yield is rather good when compared to the industry average which is at 1.97. PLOW pays more dividend than 94.62% of the companies in the same industry.
Compared to an average S&P500 Dividend Yield of 2.41, PLOW pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.92% |
5.2 History
The dividend of PLOW has a limited annual growth rate of 1.50%.
PLOW has paid a dividend for at least 10 years, which is a reliable track record.
PLOW has not decreased its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.
Dividend Growth(5Y)1.5%
Div Incr Years0
Div Non Decr Years14
5.3 Sustainability
PLOW pays out 68.06% of its income as dividend. This is not a sustainable payout ratio.
PLOW's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP68.06%
EPS Next 2Y30.88%
EPS Next 3Y27.12%
32.44
-0.06 (-0.18%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryMachinery
Earnings (Last)
Earnings (Next)
Inst Owners97.56%
Inst Owner Change-2.24%
Ins Owners2.11%
Ins Owner Change0.5%
Market Cap747.42M
Revenue(TTM)615.06M
Net Income(TTM)40.99M
Analysts80
Price Target39.53 (21.86%)
Short Float %1.4%
Short Ratio2.61
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.92% |
Yearly Dividend1.19
Dividend Growth(5Y)1.5%
DP68.06%
Div Incr Years0
Div Non Decr Years14
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)5.47%
Min EPS beat(2)-1.96%
Max EPS beat(2)12.89%
EPS beat(4)3
Avg EPS beat(4)72.49%
Min EPS beat(4)-1.96%
Max EPS beat(4)255.7%
EPS beat(8)6
Avg EPS beat(8)38.16%
EPS beat(12)8
Avg EPS beat(12)-1.73%
EPS beat(16)11
Avg EPS beat(16)1.88%
Revenue beat(2)1
Avg Revenue beat(2)-1.04%
Min Revenue beat(2)-2.64%
Max Revenue beat(2)0.55%
Revenue beat(4)2
Avg Revenue beat(4)-1.7%
Min Revenue beat(4)-9.34%
Max Revenue beat(4)4.64%
Revenue beat(8)4
Avg Revenue beat(8)-4.21%
Revenue beat(12)5
Avg Revenue beat(12)-5.6%
Revenue beat(16)9
Avg Revenue beat(16)-2.24%
PT rev (1m)2.88%
PT rev (3m)15.1%
EPS NQ rev (1m)13.57%
EPS NQ rev (3m)11.19%
EPS NY rev (1m)0.67%
EPS NY rev (3m)5.52%
Revenue NQ rev (1m)3.52%
Revenue NQ rev (3m)3.52%
Revenue NY rev (1m)0.32%
Revenue NY rev (3m)1.76%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 16.06 | ||
| Fwd PE | 13.06 | ||
| P/S | 1.22 | ||
| P/FCF | 18.1 | ||
| P/OCF | 14.06 | ||
| P/B | 2.71 | ||
| P/tB | 14.02 | ||
| EV/EBITDA | 10.67 |
EPS(TTM)2.02
EY6.23%
EPS(NY)2.48
Fwd EY7.66%
FCF(TTM)1.79
FCFY5.52%
OCF(TTM)2.31
OCFY7.11%
SpS26.7
BVpS11.95
TBVpS2.31
PEG (NY)0.33
PEG (5Y)N/A
Graham Number23.31
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.9% | ||
| ROE | 14.89% | ||
| ROCE | 12.9% | ||
| ROIC | 9.01% | ||
| ROICexc | 9.18% | ||
| ROICexgc | 14.95% | ||
| OM | 10.93% | ||
| PM (TTM) | 6.66% | ||
| GM | 26.38% | ||
| FCFM | 6.71% |
ROA(3y)6.6%
ROA(5y)2.04%
ROE(3y)15.79%
ROE(5y)3.68%
ROIC(3y)7.76%
ROIC(5y)7.94%
ROICexc(3y)8.02%
ROICexc(5y)8.38%
ROICexgc(3y)15.46%
ROICexgc(5y)17.44%
ROCE(3y)10.15%
ROCE(5y)10.28%
ROICexgc growth 3Y-14.39%
ROICexgc growth 5Y-18.59%
ROICexc growth 3Y-7.06%
ROICexc growth 5Y-8.75%
OM growth 3Y-4.63%
OM growth 5Y-11.17%
PM growth 3Y19.55%
PM growth 5Y2.69%
GM growth 3Y-0.48%
GM growth 5Y-2.64%
F-Score5
Asset Turnover0.89
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.73 | ||
| Debt/FCF | 5.07 | ||
| Debt/EBITDA | 2.44 | ||
| Cap/Depr | 77.49% | ||
| Cap/Sales | 1.93% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 64.38% | ||
| Profit Quality | 100.72% | ||
| Current Ratio | 2.01 | ||
| Quick Ratio | 1.09 | ||
| Altman-Z | 2.78 |
F-Score5
WACC9.88%
ROIC/WACC0.91
Cap/Depr(3y)49.92%
Cap/Depr(5y)55.67%
Cap/Sales(3y)1.73%
Cap/Sales(5y)2.05%
Profit Quality(3y)47.07%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)61.6%
EPS 3Y-4.41%
EPS 5Y-9.74%
EPS Q2Q%66.67%
EPS Next Y48.96%
EPS Next 2Y30.88%
EPS Next 3Y27.12%
EPS Next 5Y19.68%
Revenue 1Y (TTM)-6.08%
Revenue growth 3Y1.64%
Revenue growth 5Y-0.11%
Sales Q2Q%25.29%
Revenue Next Year10.13%
Revenue Next 2Y8.69%
Revenue Next 3Y7.81%
Revenue Next 5Y6.61%
EBIT growth 1Y59.72%
EBIT growth 3Y-3.07%
EBIT growth 5Y-11.27%
EBIT Next Year29.15%
EBIT Next 3YN/A
EBIT Next 5Y12.04%
FCF growth 1Y4.46%
FCF growth 3Y-12.26%
FCF growth 5Y-12.72%
OCF growth 1Y5.55%
OCF growth 3Y-12.09%
OCF growth 5Y-11.85%
DOUGLAS DYNAMICS INC / PLOW FAQ
Can you provide the ChartMill fundamental rating for DOUGLAS DYNAMICS INC?
ChartMill assigns a fundamental rating of 5 / 10 to PLOW.
What is the valuation status for PLOW stock?
ChartMill assigns a valuation rating of 7 / 10 to DOUGLAS DYNAMICS INC (PLOW). This can be considered as Undervalued.
How profitable is DOUGLAS DYNAMICS INC (PLOW) stock?
DOUGLAS DYNAMICS INC (PLOW) has a profitability rating of 5 / 10.
Can you provide the financial health for PLOW stock?
The financial health rating of DOUGLAS DYNAMICS INC (PLOW) is 4 / 10.
What is the expected EPS growth for DOUGLAS DYNAMICS INC (PLOW) stock?
The Earnings per Share (EPS) of DOUGLAS DYNAMICS INC (PLOW) is expected to grow by 48.96% in the next year.