SHYFT GROUP INC/THE (SHYF)
US8256981031 - Common Stock
SHYF gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 132 industry peers in the Machinery industry. The financial health of SHYF is average, but there are quite some concerns on its profitability. SHYF is quite expensive at the moment. It does show a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year SHYF was profitable.
SHYF had a positive operating cash flow in the past year.
Of the past 5 years SHYF 4 years were profitable.
Of the past 5 years SHYF 4 years had a positive operating cash flow.
1.2 Ratios
Looking at the Return On Assets, with a value of 0.02%, SHYF is doing worse than 67.69% of the companies in the same industry.
With a Return On Equity value of 0.05%, SHYF is not doing good in the industry: 66.92% of the companies in the same industry are doing better.
SHYF has a worse Return On Invested Capital (0.25%) than 70.77% of its industry peers.
The Average Return On Invested Capital over the past 3 years for SHYF is in line with the industry average of 10.78%.
The last Return On Invested Capital (0.25%) for SHYF is well below the 3 year average (11.03%), which needs to be investigated, but indicates that SHYF had better years and this may not be a problem.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.02% | ||
| ROE | 0.05% | ||
| ROIC | 0.25% |
ROA(3y)7.64%
ROA(5y)5.85%
ROE(3y)14.01%
ROE(5y)10.22%
ROIC(3y)11.03%
ROIC(5y)12.24%
1.3 Margins
SHYF has a Profit Margin of 0.01%. This is in the lower half of the industry: SHYF underperforms 67.69% of its industry peers.
SHYF's Profit Margin has declined in the last couple of years.
With a Operating Margin value of 0.14%, SHYF is not doing good in the industry: 71.54% of the companies in the same industry are doing better.
In the last couple of years the Operating Margin of SHYF has declined.
SHYF has a Gross Margin of 17.13%. This is in the lower half of the industry: SHYF underperforms 75.38% of its industry peers.
SHYF's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 0.14% | ||
| PM (TTM) | 0.01% | ||
| GM | 17.13% |
OM growth 3Y-52.49%
OM growth 5Y-28.23%
PM growth 3Y-46.46%
PM growth 5Y-22.3%
GM growth 3Y-7.3%
GM growth 5Y6.08%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), SHYF is creating some value.
SHYF has less shares outstanding than it did 1 year ago.
SHYF has less shares outstanding than it did 5 years ago.
The debt/assets ratio for SHYF is higher compared to a year ago.
2.2 Solvency
SHYF has an Altman-Z score of 3.33. This indicates that SHYF is financially healthy and has little risk of bankruptcy at the moment.
The Altman-Z score of SHYF (3.33) is comparable to the rest of the industry.
The Debt to FCF ratio of SHYF is 3.45, which is a good value as it means it would take SHYF, 3.45 years of fcf income to pay off all of its debts.
With a decent Debt to FCF ratio value of 3.45, SHYF is doing good in the industry, outperforming 66.92% of the companies in the same industry.
A Debt/Equity ratio of 0.34 indicates that SHYF is not too dependend on debt financing.
The Debt to Equity ratio of SHYF (0.34) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.34 | ||
| Debt/FCF | 3.45 | ||
| Altman-Z | 3.33 |
ROIC/WACC0.03
WACC9.2%
2.3 Liquidity
A Current Ratio of 1.77 indicates that SHYF should not have too much problems paying its short term obligations.
With a Current ratio value of 1.77, SHYF is not doing good in the industry: 63.08% of the companies in the same industry are doing better.
A Quick Ratio of 1.12 indicates that SHYF should not have too much problems paying its short term obligations.
SHYF's Quick ratio of 1.12 is in line compared to the rest of the industry. SHYF outperforms 43.08% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.77 | ||
| Quick Ratio | 1.12 |
3. Growth
3.1 Past
SHYF shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -74.31%.
The Earnings Per Share has been growing slightly by 2.00% on average over the past years.
Looking at the last year, SHYF shows a very negative growth in Revenue. The Revenue has decreased by -22.29% in the last year.
The Revenue has been growing by 8.86% on average over the past years. This is quite good.
EPS 1Y (TTM)-74.31%
EPS 3Y-26.6%
EPS 5Y2%
EPS growth Q2Q-133.33%
Revenue 1Y (TTM)-22.29%
Revenue growth 3Y8.87%
Revenue growth 5Y8.86%
Revenue growth Q2Q-18.71%
3.2 Future
Based on estimates for the next years, SHYF will show a very strong growth in Earnings Per Share. The EPS will grow by 20.54% on average per year.
SHYF is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 3.12% yearly.
EPS Next Y-24.46%
EPS Next 2Y28.4%
EPS Next 3Y20.54%
EPS Next 5YN/A
Revenue Next Year0.3%
Revenue Next 2Y4.43%
Revenue Next 3Y3.12%
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 decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 34.00, SHYF can be considered very expensive at the moment.
SHYF's Price/Earnings ratio is a bit more expensive when compared to the industry. SHYF is more expensive than 63.85% of the companies in the same industry.
SHYF's Price/Earnings ratio indicates a similar valuation than the S&P500 average which is at 28.60.
Based on the Price/Forward Earnings ratio of 14.40, the valuation of SHYF can be described as correct.
SHYF's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. SHYF is cheaper than 72.31% of the companies in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 20.15, SHYF is valued a bit cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 34 | ||
| Fwd PE | 14.4 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, SHYF is valued a bit more expensive than 70.00% of the companies in the same industry.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of SHYF indicates a somewhat cheap valuation: SHYF is cheaper than 73.08% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 17.71 | ||
| EV/EBITDA | 25.98 |
4.3 Compensation for Growth
A more expensive valuation may be justified as SHYF's earnings are expected to grow with 20.54% in the coming years.
PEG (NY)N/A
PEG (5Y)16.99
EPS Next 2Y28.4%
EPS Next 3Y20.54%
5. Dividend
5.1 Amount
SHYF has a Yearly Dividend Yield of 1.61%. Purely for dividend investing, there may be better candidates out there.
SHYF's Dividend Yield is rather good when compared to the industry average which is at 1.66. SHYF pays more dividend than 82.31% of the companies in the same industry.
SHYF's Dividend Yield is slightly below the S&P500 average, which is at 2.32.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.61% |
5.2 History
The dividend of SHYF is nicely growing with an annual growth rate of 15.43%!
SHYF has paid a dividend for at least 10 years, which is a reliable track record.
As SHYF did not decrease their dividend in the past 5 years, we can say the dividend looks stable.
Dividend Growth(5Y)15.43%
Div Incr Years0
Div Non Decr Years5
5.3 Sustainability
6092.11% of the earnings are spent on dividend by SHYF. This is not a sustainable payout ratio.
The dividend of SHYF is growing, but earnings are growing more, so the dividend growth is sustainable.
DP6092.11%
EPS Next 2Y28.4%
EPS Next 3Y20.54%
SHYFT GROUP INC/THE
NASDAQ:SHYF (5/17/2024, 7:26:16 PM)
After market: 12.58 0 (0%)12.58
+0.15 (+1.21%)
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 Cap432.37M
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.61% |
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 | 34 | ||
| Fwd PE | 14.4 | ||
| 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)N/A
PEG (5Y)16.99
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.02% | ||
| ROE | 0.05% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | 0.14% | ||
| PM (TTM) | 0.01% | ||
| GM | 17.13% | ||
| 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 Turnover1.63
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.34 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 1.77 | ||
| Quick Ratio | 1.12 | ||
| 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)-74.31%
EPS 3Y-26.6%
EPS 5Y
EPS growth Q2Q
EPS Next Y-24.46%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)-22.29%
Revenue growth 3Y8.87%
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