20.9 USD
+0.15 (+0.72%)
We assign a fundamental rating of 3 out of 10 to CMCO. CMCO was compared to 132 industry peers in the Machinery industry. Both the profitability and financial health of CMCO have multiple concerns. CMCO has a valuation in line with the averages, but on the other hand it scores bad on growth.
1. Profitability
1.1 Basic Checks
- CMCO had positive earnings in the past year.
- CMCO had a positive operating cash flow in the past year.
- Of the past 5 years CMCO 4 years were profitable.
- Each year in the past 5 years CMCO had a positive operating cash flow.
1.2 Ratios
- CMCO has a Return On Assets of 0.22%. This is in the lower half of the industry: CMCO underperforms 66.67% of its industry peers.
- CMCO has a Return On Equity of 0.43%. This is in the lower half of the industry: CMCO underperforms 65.15% of its industry peers.
- CMCO has a worse Return On Invested Capital (2.03%) than 68.94% of its industry peers.
- Measured over the past 3 years, the Average Return On Invested Capital for CMCO is significantly below the industry average of 10.24%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.22% | ||
| ROE | 0.43% | ||
| ROIC | 2.03% |
ROA(3y)1.7%
ROA(5y)1.53%
ROE(3y)3.5%
ROE(5y)3.21%
ROIC(3y)4.53%
ROIC(5y)4.23%
1.3 Margins
- CMCO's Profit Margin of 0.41% is on the low side compared to the rest of the industry. CMCO is outperformed by 66.67% of its industry peers.
- CMCO's Operating Margin of 4.12% is on the low side compared to the rest of the industry. CMCO is outperformed by 65.15% of its industry peers.
- In the last couple of years the Operating Margin of CMCO has declined.
- CMCO's Gross Margin of 33.67% is in line compared to the rest of the industry. CMCO outperforms 57.58% of its industry peers.
- In the last couple of years the Gross Margin of CMCO has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 4.12% | ||
| PM (TTM) | 0.41% | ||
| GM | 33.67% |
OM growth 3Y-8.87%
OM growth 5Y-9.54%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-1.33%
GM growth 5Y-0.68%
2. Health
2.1 Basic Checks
- With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), CMCO is destroying value.
- CMCO has less shares outstanding than it did 1 year ago.
- The number of shares outstanding for CMCO has been increased compared to 5 years ago.
- The debt/assets ratio for CMCO has been reduced compared to a year ago.
2.2 Solvency
- Based on the Altman-Z score of 1.49, we must say that CMCO is in the distress zone and has some risk of bankruptcy.
- The Altman-Z score of CMCO (1.49) is worse than 75.76% of its industry peers.
- The Debt to FCF ratio of CMCO is 15.64, which is on the high side as it means it would take CMCO, 15.64 years of fcf income to pay off all of its debts.
- CMCO's Debt to FCF ratio of 15.64 is on the low side compared to the rest of the industry. CMCO is outperformed by 62.88% of its industry peers.
- A Debt/Equity ratio of 0.45 indicates that CMCO is not too dependend on debt financing.
- Looking at the Debt to Equity ratio, with a value of 0.45, CMCO is in line with its industry, outperforming 51.52% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.45 | ||
| Debt/FCF | 15.64 | ||
| Altman-Z | 1.49 |
ROIC/WACC0.22
WACC9.18%
2.3 Liquidity
- CMCO has a Current Ratio of 1.81. This is a normal value and indicates that CMCO is financially healthy and should not expect problems in meeting its short term obligations.
- CMCO's Current ratio of 1.81 is on the low side compared to the rest of the industry. CMCO is outperformed by 60.61% of its industry peers.
- CMCO has a Quick Ratio of 1.81. This is a bad value and indicates that CMCO is not financially healthy enough and could expect problems in meeting its short term obligations.
- CMCO has a worse Quick ratio (0.99) than 67.42% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.81 | ||
| Quick Ratio | 0.99 |
3. Growth
3.1 Past
- CMCO shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -18.86%.
- The Earnings Per Share has been decreasing by -2.19% on average over the past years.
- CMCO shows a decrease in Revenue. In the last year, the revenue decreased by -2.36%.
- The Revenue has been growing slightly by 3.54% on average over the past years.
EPS 1Y (TTM)-18.86%
EPS 3Y-4.19%
EPS 5Y-2.19%
EPS Q2Q%-11.43%
Revenue 1Y (TTM)-2.36%
Revenue growth 3Y2.03%
Revenue growth 5Y3.54%
Sales Q2Q%7.75%
3.2 Future
- CMCO is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 6.99% yearly.
- Based on estimates for the next years, CMCO will show a small growth in Revenue. The Revenue will grow by 3.71% on average per year.
EPS Next Y2.14%
EPS Next 2Y6.99%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year3.2%
Revenue Next 2Y3.71%
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 stable: in the next years the growth will be about the same than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
- A Price/Earnings ratio of 9.17 indicates a reasonable valuation of CMCO.
- Based on the Price/Earnings ratio, CMCO is valued cheaply inside the industry as 96.21% of the companies are valued more expensively.
- Compared to an average S&P500 Price/Earnings ratio of 28.60, CMCO is valued rather cheaply.
- The Price/Forward Earnings ratio is 7.36, which indicates a rather cheap valuation of CMCO.
- Based on the Price/Forward Earnings ratio, CMCO is valued cheaply inside the industry as 97.73% of the companies are valued more expensively.
- Compared to an average S&P500 Price/Forward Earnings ratio of 25.83, CMCO is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.17 | ||
| Fwd PE | 7.36 |
4.2 Price Multiples
- Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of CMCO indicates a somewhat cheap valuation: CMCO is cheaper than 73.48% of the companies listed in the same industry.
- 71.21% of the companies in the same industry are more expensive than CMCO, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 20.45 | ||
| EV/EBITDA | 11.55 |
4.3 Compensation for Growth
- The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates CMCO does not grow enough to justify the current Price/Earnings ratio.
PEG (NY)4.29
PEG (5Y)N/A
EPS Next 2Y6.99%
EPS Next 3YN/A
5. Dividend
5.1 Amount
- CMCO has a Yearly Dividend Yield of 1.32%.
- Compared to an average industry Dividend Yield of 1.01, CMCO pays a bit more dividend than its industry peers.
- CMCO's Dividend Yield is slightly below the S&P500 average, which is at 1.82.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.32% |
5.2 History
- The dividend of CMCO has a limited annual growth rate of 3.01%.
- CMCO has paid a dividend for at least 10 years, which is a reliable track record.
- CMCO has not decreased their dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)3.01%
Div Incr Years0
Div Non Decr Years10
5.3 Sustainability
- 201.81% of the earnings are spent on dividend by CMCO. This is not a sustainable payout ratio.
- The dividend of CMCO is growing, but earnings are growing more, so the dividend growth is sustainable.
DP201.81%
EPS Next 2Y6.99%
EPS Next 3YN/A
COLUMBUS MCKINNON CORP/NY / CMCO FAQ
What is the fundamental rating for CMCO stock?
ChartMill assigns a fundamental rating of 3 / 10 to CMCO.
What is the valuation status for CMCO stock?
ChartMill assigns a valuation rating of 6 / 10 to COLUMBUS MCKINNON CORP/NY (CMCO). This can be considered as Fairly Valued.
What is the profitability of CMCO stock?
COLUMBUS MCKINNON CORP/NY (CMCO) has a profitability rating of 2 / 10.
What are the PE and PB ratios of COLUMBUS MCKINNON CORP/NY (CMCO) stock?
The Price/Earnings (PE) ratio for COLUMBUS MCKINNON CORP/NY (CMCO) is 9.17 and the Price/Book (PB) ratio is 0.66.
How sustainable is the dividend of COLUMBUS MCKINNON CORP/NY (CMCO) stock?
The dividend rating of COLUMBUS MCKINNON CORP/NY (CMCO) is 5 / 10 and the dividend payout ratio is 201.81%.