CHINA YUCHAI INTL LTD (CYD) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:CYD - BMG210821051 - Common Stock
41.61 USD
+1.31 (+3.25%)
41.61 USD
0 (0%)
We assign a fundamental rating of 4 out of 10 to CYD. CYD was compared to 132 industry peers in the Machinery industry. While CYD seems to be doing ok healthwise, there are quite some concerns on its profitability. CYD has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
CYD had positive earnings in the past year.
CYD had positive earnings in each of the past 5 years.
CYD had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
CYD's Return On Assets of 1.66% is in line compared to the rest of the industry. CYD outperforms 40.91% of its industry peers.
CYD's Return On Equity of 4.90% is in line compared to the rest of the industry. CYD outperforms 43.18% of its industry peers.
CYD has a worse Return On Invested Capital (4.34%) than 63.64% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for CYD is significantly below the industry average of 10.25%.
The last Return On Invested Capital (4.34%) for CYD is above the 3 year average (3.11%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.66% | ||
| ROE | 4.9% | ||
| ROIC | 4.34% |
ROA(3y)1.07%
ROA(5y)1.28%
ROE(3y)3.02%
ROE(5y)3.64%
ROIC(3y)3.11%
ROIC(5y)3.67%
1.3 Margins
CYD's Profit Margin of 1.98% is on the low side compared to the rest of the industry. CYD is outperformed by 61.36% of its industry peers.
CYD's Profit Margin has declined in the last couple of years.
With a Operating Margin value of 3.46%, CYD is not doing good in the industry: 67.42% of the companies in the same industry are doing better.
In the last couple of years the Operating Margin of CYD has declined.
With a Gross Margin value of 12.93%, CYD is not doing good in the industry: 84.85% of the companies in the same industry are doing better.
In the last couple of years the Gross Margin of CYD has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 3.46% | ||
| PM (TTM) | 1.98% | ||
| GM | 12.93% |
OM growth 3Y9.06%
OM growth 5Y-9.85%
PM growth 3Y9.6%
PM growth 5Y-12.85%
GM growth 3Y2%
GM growth 5Y-3.09%
2. Health
2.1 Basic Checks
CYD has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
CYD has about the same amout of shares outstanding than it did 1 year ago.
CYD has about the same amout of shares outstanding than it did 5 years ago.
CYD has a better debt/assets ratio than last year.
2.2 Solvency
CYD has an Altman-Z score of 1.98. This is not the best score and indicates that CYD is in the grey zone with still only limited risk for bankruptcy at the moment.
With a Altman-Z score value of 1.98, CYD is not doing good in the industry: 64.39% of the companies in the same industry are doing better.
CYD has a Debt/Equity ratio of 0.07. This is a healthy value indicating a solid balance between debt and equity.
CYD has a better Debt to Equity ratio (0.07) than 81.82% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.07 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 1.98 |
ROIC/WACC0.59
WACC7.34%
2.3 Liquidity
CYD has a Current Ratio of 1.55. This is a normal value and indicates that CYD is financially healthy and should not expect problems in meeting its short term obligations.
With a Current ratio value of 1.55, CYD is not doing good in the industry: 69.70% of the companies in the same industry are doing better.
CYD has a Quick Ratio of 1.20. This is a normal value and indicates that CYD is financially healthy and should not expect problems in meeting its short term obligations.
CYD has a Quick ratio of 1.20. This is comparable to the rest of the industry: CYD outperforms 49.24% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.55 | ||
| Quick Ratio | 1.2 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 39.55% over the past year.
CYD shows a very negative growth in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -10.91% yearly.
CYD shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 17.99%.
CYD shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 1.21% yearly.
EPS 1Y (TTM)39.55%
EPS 3Y7.45%
EPS 5Y-10.91%
EPS Q2Q%64.62%
Revenue 1Y (TTM)17.99%
Revenue growth 3Y-3.46%
Revenue growth 5Y1.21%
Sales Q2Q%33.96%
3.2 Future
Based on estimates for the next years, CYD will show a very strong growth in Earnings Per Share. The EPS will grow by 32.41% on average per year.
CYD is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 13.36% yearly.
EPS Next Y52.07%
EPS Next 2Y29.06%
EPS Next 3Y32.41%
EPS Next 5YN/A
Revenue Next Year33.97%
Revenue Next 2Y19.69%
Revenue Next 3Y13.36%
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 accelerating.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 24.62, which indicates a rather expensive current valuation of CYD.
CYD's Price/Earnings is on the same level as the industry average.
The average S&P500 Price/Earnings ratio is at 27.19. CYD is around the same levels.
With a Price/Forward Earnings ratio of 17.75, CYD is valued on the expensive side.
CYD's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. CYD is cheaper than 72.73% of the companies in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 23.92. CYD is valued slightly cheaper when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 24.62 | ||
| Fwd PE | 17.75 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, CYD is valued a bit cheaper than the industry average as 78.79% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 10.4 |
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.
CYD's earnings are expected to grow with 32.41% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.47
PEG (5Y)N/A
EPS Next 2Y29.06%
EPS Next 3Y32.41%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 2.26%, CYD has a reasonable but not impressive dividend return.
Compared to an average industry Dividend Yield of 0.80, CYD pays a better dividend. On top of this CYD pays more dividend than 87.88% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 1.92, CYD has a dividend comparable with the average S&P500 company.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.26% |
5.2 History
The dividend of CYD decreases each year by -15.64%.
CYD has been paying a dividend for at least 10 years, so it has a reliable track record.
The dividend of CYD decreased recently.
Dividend Growth(5Y)-15.64%
Div Incr Years1
Div Non Decr Years1
5.3 Sustainability
DPN/A
EPS Next 2Y29.06%
EPS Next 3Y32.41%
41.61
+1.31 (+3.25%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryMachinery
Earnings (Last)
Earnings (Next)
Inst Owners19.73%
Inst Owner Change-0.02%
Ins Owners0.09%
Ins Owner ChangeN/A
Market Cap1.56B
Revenue(TTM)22.63B
Net Income(TTM)449.00M
Analysts80
Price Target38.59 (-7.26%)
Short Float %1.75%
Short Ratio1.15
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.26% |
Yearly Dividend0.36
Dividend Growth(5Y)-15.64%
DPN/A
Div Incr Years1
Div Non Decr Years1
Ex-DateN/A
Surprises & Revisions
EPS beat(2)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)N/A
Avg Revenue beat(2)N/A
Min Revenue beat(2)N/A
Max Revenue beat(2)N/A
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)0%
PT rev (3m)12.1%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)-4.81%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.75%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 24.62 | ||
| Fwd PE | 17.75 | ||
| P/S | 0.48 | ||
| P/FCF | N/A | ||
| P/OCF | N/A | ||
| P/B | 1.19 | ||
| P/tB | 1.51 | ||
| EV/EBITDA | 10.4 |
EPS(TTM)1.69
EY4.06%
EPS(NY)2.34
Fwd EY5.63%
FCF(TTM)N/A
FCFYN/A
OCF(TTM)N/A
OCFYN/A
SpS86.39
BVpS34.98
TBVpS27.64
PEG (NY)0.47
PEG (5Y)N/A
Graham Number36.47
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.66% | ||
| ROE | 4.9% | ||
| ROCE | 5.66% | ||
| ROIC | 4.34% | ||
| ROICexc | 4.34% | ||
| ROICexgc | 5.04% | ||
| OM | 3.46% | ||
| PM (TTM) | 1.98% | ||
| GM | 12.93% | ||
| FCFM | N/A |
ROA(3y)1.07%
ROA(5y)1.28%
ROE(3y)3.02%
ROE(5y)3.64%
ROIC(3y)3.11%
ROIC(5y)3.67%
ROICexc(3y)3.72%
ROICexc(5y)5.49%
ROICexgc(3y)4.55%
ROICexgc(5y)6.9%
ROCE(3y)4.06%
ROCE(5y)4.78%
ROICexgc growth 3Y-18.29%
ROICexgc growth 5Y-16.34%
ROICexc growth 3Y-14.81%
ROICexc growth 5Y-16.9%
OM growth 3Y9.06%
OM growth 5Y-9.85%
PM growth 3Y9.6%
PM growth 5Y-12.85%
GM growth 3Y2%
GM growth 5Y-3.09%
F-ScoreN/A
Asset Turnover0.84
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.07 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 0.52 | ||
| Cap/Depr | N/A | ||
| Cap/Sales | N/A | ||
| Interest Coverage | N/A | ||
| Cash Conversion | N/A | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.55 | ||
| Quick Ratio | 1.2 | ||
| Altman-Z | 1.98 |
F-ScoreN/A
WACC7.34%
ROIC/WACC0.59
Cap/Depr(3y)60.7%
Cap/Depr(5y)80.04%
Cap/Sales(3y)1.96%
Cap/Sales(5y)2.28%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)39.55%
EPS 3Y7.45%
EPS 5Y-10.91%
EPS Q2Q%64.62%
EPS Next Y52.07%
EPS Next 2Y29.06%
EPS Next 3Y32.41%
EPS Next 5YN/A
Revenue 1Y (TTM)17.99%
Revenue growth 3Y-3.46%
Revenue growth 5Y1.21%
Sales Q2Q%33.96%
Revenue Next Year33.97%
Revenue Next 2Y19.69%
Revenue Next 3Y13.36%
Revenue Next 5YN/A
EBIT growth 1Y18.66%
EBIT growth 3Y5.29%
EBIT growth 5Y-8.76%
EBIT Next Year131.55%
EBIT Next 3Y38.66%
EBIT Next 5YN/A
FCF growth 1Y-57.59%
FCF growth 3YN/A
FCF growth 5Y-12.86%
OCF growth 1Y-36.46%
OCF growth 3Y15.58%
OCF growth 5Y-13.22%
CHINA YUCHAI INTL LTD / CYD FAQ
What is the ChartMill fundamental rating of CHINA YUCHAI INTL LTD (CYD) stock?
ChartMill assigns a fundamental rating of 4 / 10 to CYD.
What is the valuation status of CHINA YUCHAI INTL LTD (CYD) stock?
ChartMill assigns a valuation rating of 5 / 10 to CHINA YUCHAI INTL LTD (CYD). This can be considered as Fairly Valued.
Can you provide the profitability details for CHINA YUCHAI INTL LTD?
CHINA YUCHAI INTL LTD (CYD) has a profitability rating of 3 / 10.
Can you provide the PE and PB ratios for CYD stock?
The Price/Earnings (PE) ratio for CHINA YUCHAI INTL LTD (CYD) is 24.62 and the Price/Book (PB) ratio is 1.19.