COLUMBUS MCKINNON CORP/NY (CMCO) Stock Fundamental Analysis
USA - NASDAQ:CMCO - US1993331057 - Common Stock
15.66 USD
+0.85 (+5.74%)
15.66 USD
0 (0%)
Taking everything into account, CMCO scores 3 out of 10 in our fundamental rating. CMCO was compared to 128 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.
In the past year CMCO had a positive cash flow from operations.
CMCO had positive earnings in 4 of the past 5 years.
CMCO had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
CMCO's Return On Assets of -0.88% is on the low side compared to the rest of the industry. CMCO is outperformed by 71.09% of its industry peers.
Looking at the Return On Equity, with a value of -1.72%, CMCO is doing worse than 70.31% of the companies in the same industry.
With a Return On Invested Capital value of 1.94%, CMCO is not doing good in the industry: 69.53% of the companies in the same industry are doing better.
The Average Return On Invested Capital over the past 3 years for CMCO is significantly below the industry average of 10.02%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -0.88% | ||
| ROE | -1.72% | ||
| ROIC | 1.94% |
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 Operating Margin of 4.06% is on the low side compared to the rest of the industry. CMCO is outperformed by 65.63% of its industry peers.
In the last couple of years the Operating Margin of CMCO has declined.
Looking at the Gross Margin, with a value of 32.72%, CMCO is in line with its industry, outperforming 54.69% of the companies in the same industry.
CMCO's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 4.06% | ||
| PM (TTM) | N/A | ||
| GM | 32.72% |
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.
CMCO has more shares outstanding than it did 5 years ago.
CMCO has a better debt/assets ratio than last year.
2.2 Solvency
CMCO has an Altman-Z score of 1.35. This is a bad value and indicates that CMCO is not financially healthy and even has some risk of bankruptcy.
CMCO's Altman-Z score of 1.35 is on the low side compared to the rest of the industry. CMCO is outperformed by 75.78% of its industry peers.
CMCO has a debt to FCF ratio of 25.97. This is a negative value and a sign of low solvency as CMCO would need 25.97 years to pay back of all of its debts.
With a Debt to FCF ratio value of 25.97, CMCO is not doing good in the industry: 70.31% of the companies in the same industry are doing better.
A Debt/Equity ratio of 0.46 indicates that CMCO is not too dependend on debt financing.
The Debt to Equity ratio of CMCO (0.46) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.46 | ||
| Debt/FCF | 25.97 | ||
| Altman-Z | 1.35 |
ROIC/WACC0.21
WACC9.44%
2.3 Liquidity
A Current Ratio of 1.85 indicates that CMCO should not have too much problems paying its short term obligations.
Looking at the Current ratio, with a value of 1.85, CMCO is in line with its industry, outperforming 42.19% of the companies in the same industry.
A Quick Ratio of 1.01 indicates that CMCO should not have too much problems paying its short term obligations.
CMCO has a worse Quick ratio (1.01) than 61.72% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.85 | ||
| Quick Ratio | 1.01 |
3. Growth
3.1 Past
CMCO shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -17.77%.
CMCO shows a decrease in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -2.19% yearly.
Looking at the last year, CMCO shows a decrease in Revenue. The Revenue has decreased by -5.75% in the last year.
CMCO shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 3.54% yearly.
EPS 1Y (TTM)-17.77%
EPS 3Y-4.19%
EPS 5Y-2.19%
EPS Q2Q%-19.35%
Revenue 1Y (TTM)-5.75%
Revenue growth 3Y2.03%
Revenue growth 5Y3.54%
Sales Q2Q%-1.59%
3.2 Future
CMCO is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 7.29% yearly.
The Revenue is expected to grow by 2.33% on average over the next years.
EPS Next Y0.72%
EPS Next 2Y7.29%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year0.6%
Revenue Next 2Y2.33%
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
CMCO is valuated cheaply with a Price/Earnings ratio of 6.64.
CMCO's Price/Earnings ratio is rather cheap when compared to the industry. CMCO is cheaper than 96.88% of the companies in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 27.41, CMCO is valued rather cheaply.
Based on the Price/Forward Earnings ratio of 5.49, the valuation of CMCO can be described as very cheap.
Based on the Price/Forward Earnings ratio, CMCO is valued cheaply inside the industry as 99.22% of the companies are valued more expensively.
When comparing the Price/Forward Earnings ratio of CMCO to the average of the S&P500 Index (22.88), we can say CMCO is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.64 | ||
| Fwd PE | 5.49 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, CMCO is valued a bit cheaper than the industry average as 79.69% of the companies are valued more expensively.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of CMCO is on the same level as its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 24.68 | ||
| EV/EBITDA | 9.94 |
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)9.15
PEG (5Y)N/A
EPS Next 2Y7.29%
EPS Next 3YN/A
5. Dividend
5.1 Amount
CMCO has a Yearly Dividend Yield of 1.88%. Purely for dividend investing, there may be better candidates out there.
CMCO's Dividend Yield is rather good when compared to the industry average which is at 1.74. CMCO pays more dividend than 83.59% of the companies in the same industry.
Compared to the average S&P500 Dividend Yield of 2.38, CMCO is paying slightly less dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.88% |
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
The earnings of CMCO are negative and hence is the payout ratio. CMCO will probably not be able to sustain this dividend level.
CMCO's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP-51.25%
EPS Next 2Y7.29%
EPS Next 3YN/A
15.66
+0.85 (+5.74%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryMachinery
Earnings (Last)
Earnings (Next)
Inst Owners97.6%
Inst Owner Change-2.49%
Ins Owners2.32%
Ins Owner Change10.41%
Market Cap449.91M
Analysts82
Price Target28.56 (82.38%)
Short Float %2.25%
Short Ratio1.73
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.88% |
Yearly Dividend0.28
Dividend Growth(5Y)3.01%
DP-51.25%
Div Incr Years0
Div Non Decr Years10
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)3.07%
Min EPS beat(2)1.29%
Max EPS beat(2)4.85%
EPS beat(4)2
Avg EPS beat(4)-5.01%
Min EPS beat(4)-24.79%
Max EPS beat(4)4.85%
EPS beat(8)4
Avg EPS beat(8)-2.44%
EPS beat(12)6
Avg EPS beat(12)-0.14%
EPS beat(16)8
Avg EPS beat(16)0.98%
Revenue beat(2)1
Avg Revenue beat(2)-1.51%
Min Revenue beat(2)-3.2%
Max Revenue beat(2)0.18%
Revenue beat(4)1
Avg Revenue beat(4)-4.08%
Min Revenue beat(4)-8.79%
Max Revenue beat(4)0.18%
Revenue beat(8)1
Avg Revenue beat(8)-2.84%
Revenue beat(12)1
Avg Revenue beat(12)-2.55%
Revenue beat(16)2
Avg Revenue beat(16)-2.36%
PT rev (1m)0%
PT rev (3m)2.44%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-23.77%
EPS NY rev (1m)-1.25%
EPS NY rev (3m)-9.46%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-3.23%
Revenue NY rev (1m)-6.56%
Revenue NY rev (3m)-6.56%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.64 | ||
| Fwd PE | 5.49 | ||
| P/S | 0.47 | ||
| P/FCF | 24.68 | ||
| P/OCF | 11.77 | ||
| P/B | 0.49 | ||
| P/tB | N/A | ||
| EV/EBITDA | 9.94 |
EPS(TTM)2.36
EY15.07%
EPS(NY)2.85
Fwd EY18.23%
FCF(TTM)0.63
FCFY4.05%
OCF(TTM)1.33
OCFY8.49%
SpS33.39
BVpS31.7
TBVpS-6.35
PEG (NY)9.15
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -0.88% | ||
| ROE | -1.72% | ||
| ROCE | 2.56% | ||
| ROIC | 1.94% | ||
| ROICexc | 1.98% | ||
| ROICexgc | 7.41% | ||
| OM | 4.06% | ||
| PM (TTM) | N/A | ||
| GM | 32.72% | ||
| FCFM | 1.9% |
ROA(3y)1.7%
ROA(5y)1.53%
ROE(3y)3.5%
ROE(5y)3.21%
ROIC(3y)4.53%
ROIC(5y)4.23%
ROICexc(3y)4.88%
ROICexc(5y)4.69%
ROICexgc(3y)20%
ROICexgc(5y)19.27%
ROCE(3y)5.98%
ROCE(5y)5.59%
ROICexcg growth 3Y-14.36%
ROICexcg growth 5Y-10.55%
ROICexc growth 3Y-9.39%
ROICexc growth 5Y-16.09%
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%
F-Score4
Asset Turnover0.54
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.46 | ||
| Debt/FCF | 25.97 | ||
| Debt/EBITDA | 4.83 | ||
| Cap/Depr | 41.11% | ||
| Cap/Sales | 2.08% | ||
| Interest Coverage | 1.28 | ||
| Cash Conversion | 43.66% | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.85 | ||
| Quick Ratio | 1.01 | ||
| Altman-Z | 1.35 |
F-Score4
WACC9.44%
ROIC/WACC0.21
Cap/Depr(3y)42.84%
Cap/Depr(5y)40.68%
Cap/Sales(3y)2.01%
Cap/Sales(5y)1.87%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-17.77%
EPS 3Y-4.19%
EPS 5Y-2.19%
EPS Q2Q%-19.35%
EPS Next Y0.72%
EPS Next 2Y7.29%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)-5.75%
Revenue growth 3Y2.03%
Revenue growth 5Y3.54%
Sales Q2Q%-1.59%
Revenue Next Year0.6%
Revenue Next 2Y2.33%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y-63.59%
EBIT growth 3Y-7.01%
EBIT growth 5Y-6.33%
EBIT Next Year44.34%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-70.92%
FCF growth 3Y-12.24%
FCF growth 5Y-24.31%
OCF growth 1Y-50.75%
OCF growth 3Y-2.29%
OCF growth 5Y-15.65%