75.77 USD
-0.02 (-0.03%)
74.26 USD
-1.51 (-1.99%)
Taking everything into account, AAON scores 5 out of 10 in our fundamental rating. AAON was compared to 42 industry peers in the Building Products industry. Both the profitability and the financial health of AAON get a neutral evaluation. Nothing too spectacular is happening here. AAON is valued quite expensive, but it does show an excellent growth. This makes AAON very considerable for growth investing!
1. Profitability
1.1 Basic Checks
In the past year AAON was profitable.
In the past year AAON has reported a negative cash flow from operations.
Each year in the past 5 years AAON has been profitable.
Each year in the past 5 years AAON had a positive operating cash flow.
1.2 Ratios
AAON has a Return On Assets (6.56%) which is in line with its industry peers.
AAON's Return On Equity of 11.65% is in line compared to the rest of the industry. AAON outperforms 52.38% of its industry peers.
Looking at the Return On Invested Capital, with a value of 8.17%, AAON is in line with its industry, outperforming 42.86% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for AAON is significantly above the industry average of 12.60%.
The 3 year average ROIC (18.30%) for AAON is well above the current ROIC(8.17%). The reason for the recent decline needs to be investigated.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.56% | ||
| ROE | 11.65% | ||
| ROIC | 8.17% |
ROA(3y)15.18%
ROA(5y)14.44%
ROE(3y)20.84%
ROE(5y)19.53%
ROIC(3y)18.3%
ROIC(5y)16.85%
1.3 Margins
AAON has a Profit Margin (7.64%) which is in line with its industry peers.
In the last couple of years the Profit Margin of AAON has grown nicely.
With a Operating Margin value of 9.98%, AAON perfoms like the industry average, outperforming 42.86% of the companies in the same industry.
AAON's Operating Margin has improved in the last couple of years.
AAON has a Gross Margin of 26.88%. This is in the lower half of the industry: AAON underperforms 64.29% of its industry peers.
In the last couple of years the Gross Margin of AAON has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 9.98% | ||
| PM (TTM) | 7.64% | ||
| GM | 26.88% |
OM growth 3Y10.34%
OM growth 5Y3.96%
PM growth 3Y8.47%
PM growth 5Y4.17%
GM growth 3Y8.66%
GM growth 5Y5.39%
2. Health
2.1 Basic Checks
AAON has a Return on Invested Capital (ROIC), which is well above the Cost of Capital (WACC), which means it is creating value.
The number of shares outstanding for AAON remains at a similar level compared to 1 year ago.
Compared to 5 years ago, AAON has more shares outstanding
The debt/assets ratio for AAON is higher compared to a year ago.
2.2 Solvency
AAON has an Altman-Z score of 7.81. This indicates that AAON is financially healthy and has little risk of bankruptcy at the moment.
The Altman-Z score of AAON (7.81) is better than 88.10% of its industry peers.
A Debt/Equity ratio of 0.44 indicates that AAON is not too dependend on debt financing.
With a decent Debt to Equity ratio value of 0.44, AAON is doing good in the industry, outperforming 64.29% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.44 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 7.81 |
ROIC/WACC0.84
WACC9.73%
2.3 Liquidity
AAON has a Current Ratio of 3.04. This indicates that AAON is financially healthy and has no problem in meeting its short term obligations.
The Current ratio of AAON (3.04) is better than 78.57% of its industry peers.
A Quick Ratio of 2.03 indicates that AAON has no problem at all paying its short term obligations.
AAON has a better Quick ratio (2.03) than 83.33% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 3.04 | ||
| Quick Ratio | 2.03 |
3. Growth
3.1 Past
AAON shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -44.49%.
Measured over the past years, AAON shows a quite strong growth in Earnings Per Share. The EPS has been growing by 13.87% on average per year.
AAON shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 8.77%.
The Revenue has been growing by 20.67% on average over the past years. This is a very strong growth!
EPS 1Y (TTM)-44.49%
EPS 3Y20.46%
EPS 5Y13.87%
EPS Q2Q%-41.27%
Revenue 1Y (TTM)8.77%
Revenue growth 3Y30.96%
Revenue growth 5Y20.67%
Sales Q2Q%17.41%
3.2 Future
Based on estimates for the next years, AAON will show a quite strong growth in Earnings Per Share. The EPS will grow by 18.22% on average per year.
The Revenue is expected to grow by 15.82% on average over the next years. This is quite good.
EPS Next Y-29.63%
EPS Next 2Y0.67%
EPS Next 3Y17.12%
EPS Next 5Y18.22%
Revenue Next Year13.62%
Revenue Next 2Y12.98%
Revenue Next 3Y13.67%
Revenue Next 5Y15.82%
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
The estimated forward Revenue growth is still strong, although it is decreasing when compared to the stronger growth in the past years.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 60.13, the valuation of AAON can be described as expensive.
Based on the Price/Earnings ratio, AAON is valued a bit more expensive than the industry average as 78.57% of the companies are valued more cheaply.
Compared to an average S&P500 Price/Earnings ratio of 26.57, AAON is valued quite expensively.
Based on the Price/Forward Earnings ratio of 37.19, the valuation of AAON can be described as expensive.
Based on the Price/Forward Earnings ratio, AAON is valued a bit more expensive than 73.81% of the companies in the same industry.
AAON is valuated expensively when we compare the Price/Forward Earnings ratio to 24.04, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 60.13 | ||
| Fwd PE | 37.19 |
4.2 Price Multiples
AAON's Enterprise Value to EBITDA ratio is rather expensive when compared to the industry. AAON is more expensive than 80.95% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 31.53 |
4.3 Compensation for Growth
The decent profitability rating of AAON may justify a higher PE ratio.
AAON's earnings are expected to grow with 17.12% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)4.34
EPS Next 2Y0.67%
EPS Next 3Y17.12%
5. Dividend
5.1 Amount
With a yearly dividend of 0.54%, AAON is not a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 0.71, AAON has a dividend in line with its industry peers.
Compared to an average S&P500 Dividend Yield of 1.88, AAON's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.54% |
5.2 History
The dividend of AAON is nicely growing with an annual growth rate of 8.53%!
AAON has paid a dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)8.53%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
30.27% of the earnings are spent on dividend by AAON. This is a low number and sustainable payout ratio.
The dividend of AAON is growing, but earnings are growing more, so the dividend growth is sustainable.
DP30.27%
EPS Next 2Y0.67%
EPS Next 3Y17.12%
75.77
-0.02 (-0.03%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryBuilding Products
Earnings (Last)
Earnings (Next)
Inst Owners92.16%
Inst Owner Change15.02%
Ins Owners0.73%
Ins Owner Change-3.18%
Market Cap6.19B
Revenue(TTM)1.32B
Net Income(TTM)100.56M
Analysts86.15
Price Target114.44 (51.04%)
Short Float %11.64%
Short Ratio7.83
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.54% |
Yearly Dividend0.32
Dividend Growth(5Y)8.53%
DP30.27%
Div Incr Years0
Div Non Decr Years0
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-11%
Min EPS beat(2)-34.77%
Max EPS beat(2)12.77%
EPS beat(4)2
Avg EPS beat(4)-3.23%
Min EPS beat(4)-44.8%
Max EPS beat(4)53.89%
EPS beat(8)5
Avg EPS beat(8)1.71%
EPS beat(12)9
Avg EPS beat(12)8.4%
EPS beat(16)11
Avg EPS beat(16)4.62%
Revenue beat(2)1
Avg Revenue beat(2)2.93%
Min Revenue beat(2)-6%
Max Revenue beat(2)11.86%
Revenue beat(4)2
Avg Revenue beat(4)1.02%
Min Revenue beat(4)-8.93%
Max Revenue beat(4)11.86%
Revenue beat(8)5
Avg Revenue beat(8)0.79%
Revenue beat(12)9
Avg Revenue beat(12)1.66%
Revenue beat(16)12
Avg Revenue beat(16)2.33%
PT rev (1m)6.86%
PT rev (3m)18.29%
EPS NQ rev (1m)1.89%
EPS NQ rev (3m)0.93%
EPS NY rev (1m)1.46%
EPS NY rev (3m)-8.92%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-1.38%
Revenue NY rev (1m)3.13%
Revenue NY rev (3m)3.13%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 60.13 | ||
| Fwd PE | 37.19 | ||
| P/S | 4.7 | ||
| P/FCF | N/A | ||
| P/OCF | N/A | ||
| P/B | 7.17 | ||
| P/tB | 8.85 | ||
| EV/EBITDA | 31.53 |
EPS(TTM)1.26
EY1.66%
EPS(NY)2.04
Fwd EY2.69%
FCF(TTM)-3.13
FCFYN/A
OCF(TTM)-0.22
OCFYN/A
SpS16.12
BVpS10.57
TBVpS8.57
PEG (NY)N/A
PEG (5Y)4.34
Graham Number17.31
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.56% | ||
| ROE | 11.65% | ||
| ROCE | 10.22% | ||
| ROIC | 8.17% | ||
| ROICexc | 8.18% | ||
| ROICexgc | 9.37% | ||
| OM | 9.98% | ||
| PM (TTM) | 7.64% | ||
| GM | 26.88% | ||
| FCFM | N/A |
ROA(3y)15.18%
ROA(5y)14.44%
ROE(3y)20.84%
ROE(5y)19.53%
ROIC(3y)18.3%
ROIC(5y)16.85%
ROICexc(3y)18.35%
ROICexc(5y)17.88%
ROICexgc(3y)22.59%
ROICexgc(5y)21.24%
ROCE(3y)22.91%
ROCE(5y)21.09%
ROICexgc growth 3Y13.27%
ROICexgc growth 5Y1.06%
ROICexc growth 3Y19.13%
ROICexc growth 5Y-2.16%
OM growth 3Y10.34%
OM growth 5Y3.96%
PM growth 3Y8.47%
PM growth 5Y4.17%
GM growth 3Y8.66%
GM growth 5Y5.39%
F-Score2
Asset Turnover0.86
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.44 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 1.81 | ||
| Cap/Depr | 309.66% | ||
| Cap/Sales | 18.09% | ||
| Interest Coverage | 10.77 | ||
| Cash Conversion | N/A | ||
| Profit Quality | N/A | ||
| Current Ratio | 3.04 | ||
| Quick Ratio | 2.03 | ||
| Altman-Z | 7.81 |
F-Score2
WACC9.73%
ROIC/WACC0.84
Cap/Depr(3y)243.08%
Cap/Depr(5y)235.38%
Cap/Sales(3y)11.07%
Cap/Sales(5y)11.35%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-44.49%
EPS 3Y20.46%
EPS 5Y13.87%
EPS Q2Q%-41.27%
EPS Next Y-29.63%
EPS Next 2Y0.67%
EPS Next 3Y17.12%
EPS Next 5Y18.22%
Revenue 1Y (TTM)8.77%
Revenue growth 3Y30.96%
Revenue growth 5Y20.67%
Sales Q2Q%17.41%
Revenue Next Year13.62%
Revenue Next 2Y12.98%
Revenue Next 3Y13.67%
Revenue Next 5Y15.82%
EBIT growth 1Y-46.16%
EBIT growth 3Y44.5%
EBIT growth 5Y25.45%
EBIT Next Year1.47%
EBIT Next 3Y23.81%
EBIT Next 5YN/A
FCF growth 1Y-961.01%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-114.23%
OCF growth 3Y46.53%
OCF growth 5Y14.48%
AAON INC / AAON FAQ
Can you provide the ChartMill fundamental rating for AAON INC?
ChartMill assigns a fundamental rating of 5 / 10 to AAON.
Can you provide the valuation status for AAON INC?
ChartMill assigns a valuation rating of 1 / 10 to AAON INC (AAON). This can be considered as Overvalued.
Can you provide the profitability details for AAON INC?
AAON INC (AAON) has a profitability rating of 6 / 10.
Can you provide the PE and PB ratios for AAON stock?
The Price/Earnings (PE) ratio for AAON INC (AAON) is 60.13 and the Price/Book (PB) ratio is 7.17.
What is the financial health of AAON INC (AAON) stock?
The financial health rating of AAON INC (AAON) is 6 / 10.