DOUGLAS DYNAMICS INC (PLOW)
US25960R1059 - Common Stock
PLOW gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 132 industry peers in the Machinery industry. PLOW has a medium profitability rating, but doesn't score so well on its financial health evaluation. PLOW is not valued too expensively and it also shows a decent growth rate. 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.
PLOW had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
With a Return On Assets value of 4.94%, PLOW perfoms like the industry average, outperforming 58.46% of the companies in the same industry.
The Return On Equity of PLOW (13.14%) is better than 65.38% of its industry peers.
With a decent Return On Invested Capital value of 8.54%, PLOW is doing good in the industry, outperforming 63.08% of the companies in the same industry.
PLOW had an Average Return On Invested Capital over the past 3 years of 8.43%. This is below the industry average of 10.80%.
The 3 year average ROIC (8.43%) for PLOW is below the current ROIC(8.54%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.94% | ||
| ROE | 13.14% | ||
| ROIC | 8.54% |
ROA(3y)5.28%
ROA(5y)1.55%
ROE(3y)13.61%
ROE(5y)2.61%
ROIC(3y)8.43%
ROIC(5y)8.97%
1.3 Margins
With a Profit Margin value of 4.91%, PLOW perfoms like the industry average, outperforming 50.00% of the companies in the same industry.
In the last couple of years the Profit Margin of PLOW has declined.
PLOW's Operating Margin of 9.21% is in line compared to the rest of the industry. PLOW outperforms 49.23% of its industry peers.
In the last couple of years the Operating Margin of PLOW has declined.
PLOW's Gross Margin of 24.41% is in line compared to the rest of the industry. PLOW outperforms 40.77% of its industry peers.
PLOW's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 9.21% | ||
| PM (TTM) | 4.91% | ||
| GM | 24.41% |
OM growth 3Y-10.36%
OM growth 5Y-10.83%
PM growth 3YN/A
PM growth 5Y-12.76%
GM growth 3Y-4.01%
GM growth 5Y-4.37%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), PLOW 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.
Compared to 1 year ago, PLOW has a worse debt to assets ratio.
2.2 Solvency
An Altman-Z score of 2.66 indicates that PLOW is not a great score, but indicates only limited risk for bankruptcy at the moment.
PLOW's Altman-Z score of 2.66 is in line compared to the rest of the industry. PLOW outperforms 44.62% of its industry peers.
PLOW has a debt to FCF ratio of 6.29. This is a slightly negative value and a sign of low solvency as PLOW would need 6.29 years to pay back of all of its debts.
PLOW has a Debt to FCF ratio (6.29) which is comparable to the rest of the industry.
PLOW has a Debt/Equity ratio of 1.07. This is a high value indicating a heavy dependency on external financing.
Looking at the Debt to Equity ratio, with a value of 1.07, PLOW is doing worse than 86.15% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.07 | ||
| Debt/FCF | 6.29 | ||
| Altman-Z | 2.66 |
ROIC/WACC0.9
WACC9.49%
2.3 Liquidity
A Current Ratio of 2.06 indicates that PLOW has no problem at all paying its short term obligations.
PLOW's Current ratio of 2.06 is in line compared to the rest of the industry. PLOW outperforms 46.92% of its industry peers.
A Quick Ratio of 0.60 indicates that PLOW may have some problems paying its short term obligations.
The Quick ratio of PLOW (0.60) is worse than 83.85% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.06 | ||
| Quick Ratio | 0.6 |
3. Growth
3.1 Past
The earnings per share for PLOW have decreased by -9.35% in the last year.
The earnings per share for PLOW have been decreasing by -13.37% on average. This is quite bad
Looking at the last year, PLOW shows a decrease in Revenue. The Revenue has decreased by -2.47% in the last year.
Measured over the past years, PLOW shows a small growth in Revenue. The Revenue has been growing by 1.63% on average per year.
EPS 1Y (TTM)-9.35%
EPS 3Y-5.63%
EPS 5Y-13.37%
EPS growth Q2Q47.27%
Revenue 1Y (TTM)-2.47%
Revenue growth 3Y5.77%
Revenue growth 5Y1.63%
Revenue growth Q2Q15.95%
3.2 Future
The Earnings Per Share is expected to grow by 42.83% on average over the next years. This is a very strong growth
PLOW is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 5.66% yearly.
EPS Next Y45.52%
EPS Next 2Y42.83%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year2.16%
Revenue Next 2Y5.66%
Revenue Next 3YN/A
Revenue Next 5YN/A
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 20.31, the valuation of PLOW can be described as rather expensive.
Compared to the rest of the industry, the Price/Earnings ratio of PLOW indicates a somewhat cheap valuation: PLOW is cheaper than 65.38% of the companies listed in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 28.15, PLOW is valued a bit cheaper.
The Price/Forward Earnings ratio is 12.54, which indicates a correct valuation of PLOW.
Compared to the rest of the industry, the Price/Forward Earnings ratio of PLOW indicates a somewhat cheap valuation: PLOW is cheaper than 79.23% of the companies listed in the same industry.
PLOW's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 20.20.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 20.31 | ||
| Fwd PE | 12.54 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, PLOW is valued a bit cheaper than the industry average as 74.62% of the companies are valued more expensively.
PLOW's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. PLOW is cheaper than 79.23% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 15.21 | ||
| EV/EBITDA | 10.23 |
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.
A more expensive valuation may be justified as PLOW's earnings are expected to grow with 42.83% in the coming years.
PEG (NY)0.45
PEG (5Y)N/A
EPS Next 2Y42.83%
EPS Next 3YN/A
5. Dividend
5.1 Amount
PLOW has a Yearly Dividend Yield of 4.76%, which is a nice return.
Compared to an average industry Dividend Yield of 1.66, PLOW pays a better dividend. On top of this PLOW pays more dividend than 99.23% of the companies listed in the same industry.
PLOW's Dividend Yield is rather good when compared to the S&P500 average which is at 2.33.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.76% |
5.2 History
The dividend of PLOW has a limited annual growth rate of 2.13%.
PLOW has paid a dividend for at least 10 years, which is a reliable track record.
PLOW has not decreased their dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)2.13%
Div Incr Years11
Div Non Decr Years11
5.3 Sustainability
95.46% of the earnings are spent on dividend by PLOW. This is not a sustainable payout ratio.
PLOW's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP95.46%
EPS Next 2Y42.83%
EPS Next 3YN/A
DOUGLAS DYNAMICS INC
NYSE:PLOW (5/17/2024, 7:20:19 PM)
After market: 25.59 0 (0%)25.59
+0.22 (+0.87%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryMachinery
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap588.06M
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.76% |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
Avg EPS beat(2)
Min EPS beat(2)
Max EPS beat(2)
EPS beat(4)
Avg EPS beat(4)
Min EPS beat(4)
Max EPS beat(4)
EPS beat(8)
Avg EPS beat(8)
EPS beat(12)
Avg EPS beat(12)
EPS beat(16)
Avg EPS beat(16)
Revenue beat(2)
Avg Revenue beat(2)
Min Revenue beat(2)
Max Revenue beat(2)
Revenue beat(4)
Avg Revenue beat(4)
Min Revenue beat(4)
Max Revenue beat(4)
Revenue beat(8)
Avg Revenue beat(8)
Revenue beat(12)
Avg Revenue beat(12)
Revenue beat(16)
Avg Revenue beat(16)
PT rev (1m)
PT rev (3m)
EPS NQ rev (1m)
EPS NQ rev (3m)
EPS NY rev (1m)
EPS NY rev (3m)
Revenue NQ rev (1m)
Revenue NQ rev (3m)
Revenue NY rev (1m)
Revenue NY rev (3m)
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 20.31 | ||
| Fwd PE | 12.54 | ||
| P/S | |||
| P/FCF | |||
| P/OCF | |||
| P/B | |||
| P/tB | |||
| EV/EBITDA |
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)0.45
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.94% | ||
| ROE | 13.14% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | 9.21% | ||
| PM (TTM) | 4.91% | ||
| GM | 24.41% | ||
| FCFM |
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover1.01
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.07 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 2.06 | ||
| Quick Ratio | 0.6 | ||
| Altman-Z |
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
Growth
EPS 1Y (TTM)-9.35%
EPS 3Y-5.63%
EPS 5Y
EPS growth Q2Q
EPS Next Y45.52%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)-2.47%
Revenue growth 3Y5.77%
Revenue growth 5Y
Revenue growth Q2Q
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y