CHINA YUCHAI INTL LTD (CYD) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:CYD - BMG210821051 - Common Stock
37.02 USD
+1.52 (+4.28%)
37.02 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. The financial health of CYD is average, but 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
In the past year CYD was profitable.
In the past 5 years CYD has always been profitable.
CYD had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
CYD has a Return On Assets (1.66%) which is comparable to the rest of the industry.
CYD has a Return On Equity (4.90%) which is in line with its industry peers.
CYD has a worse Return On Invested Capital (4.34%) than 62.88% of its industry peers.
The Average Return On Invested Capital over the past 3 years for CYD is significantly below the industry average of 10.27%.
The 3 year average ROIC (3.11%) for CYD is below the current ROIC(4.34%), indicating increased profibility in the last year.
| 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 has a Profit Margin of 1.98%. This is in the lower half of the industry: CYD underperforms 60.61% of its industry peers.
In the last couple of years the Profit Margin of CYD has declined.
CYD has a worse Operating Margin (3.46%) than 66.67% of its industry peers.
CYD's Operating Margin has declined in the last couple of years.
CYD's Gross Margin of 12.93% is on the low side compared to the rest of the industry. CYD is outperformed by 84.85% of its industry peers.
CYD's Gross Margin has declined in the last couple of years.
| 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
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so CYD is destroying value.
Compared to 1 year ago, CYD has about the same amount of shares outstanding.
CYD has about the same amout of shares outstanding than it did 5 years ago.
Compared to 1 year ago, CYD has an improved debt to assets ratio.
2.2 Solvency
CYD has an Altman-Z score of 1.93. 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.
CYD's Altman-Z score of 1.93 is on the low side compared to the rest of the industry. CYD is outperformed by 67.42% of its industry peers.
A Debt/Equity ratio of 0.07 indicates that CYD is not too dependend on debt financing.
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 | 1.93 |
ROIC/WACC0.62
WACC6.97%
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.
Looking at the Current ratio, with a value of 1.55, CYD is doing worse than 69.70% of the companies in the same industry.
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's Quick ratio of 1.20 is in line compared 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.
Looking at the last year, CYD shows a quite strong growth in Revenue. The Revenue has grown by 17.99% in the last year.
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
CYD is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 32.41% yearly.
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.
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 21.91, which indicates a rather expensive current valuation of CYD.
Based on the Price/Earnings ratio, CYD is valued a bit cheaper than the industry average as 67.42% of the companies are valued more expensively.
The average S&P500 Price/Earnings ratio is at 26.60. CYD is around the same levels.
With a Price/Forward Earnings ratio of 15.83, CYD is valued correctly.
Based on the Price/Forward Earnings ratio, CYD is valued cheaper than 80.30% of the companies in the same industry.
CYD is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 23.23, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 21.91 | ||
| Fwd PE | 15.83 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of CYD indicates a rather cheap valuation: CYD is cheaper than 84.85% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 9.19 |
4.3 Compensation for Growth
CYD's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
A more expensive valuation may be justified as CYD's earnings are expected to grow with 32.41% in the coming years.
PEG (NY)0.42
PEG (5Y)N/A
EPS Next 2Y29.06%
EPS Next 3Y32.41%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 2.54%, CYD has a reasonable but not impressive dividend return.
Compared to an average industry Dividend Yield of 0.98, 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 2.00, CYD pays a bit more dividend than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.54% |
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.
CYD has decreased its dividend 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%
37.02
+1.52 (+4.28%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryMachinery
Earnings (Last)
Earnings (Next)
Inst Owners19.7%
Inst Owner Change5.55%
Ins Owners0.09%
Ins Owner ChangeN/A
Market Cap1.39B
Revenue(TTM)22.63B
Net Income(TTM)449.00M
Analysts80
Price Target38.59 (4.24%)
Short Float %1.75%
Short Ratio1.15
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.54% |
Yearly Dividend0.35
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 | 21.91 | ||
| Fwd PE | 15.83 | ||
| P/S | 0.43 | ||
| P/FCF | N/A | ||
| P/OCF | N/A | ||
| P/B | 1.06 | ||
| P/tB | 1.34 | ||
| EV/EBITDA | 9.19 |
EPS(TTM)1.69
EY4.57%
EPS(NY)2.34
Fwd EY6.32%
FCF(TTM)N/A
FCFYN/A
OCF(TTM)N/A
OCFYN/A
SpS86.16
BVpS34.89
TBVpS27.57
PEG (NY)0.42
PEG (5Y)N/A
Graham Number36.42
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 | 1.93 |
F-ScoreN/A
WACC6.97%
ROIC/WACC0.62
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 21.91 and the Price/Book (PB) ratio is 1.06.