CHINA YUCHAI INTL LTD (CYD) Stock Fundamental Analysis
NYSE:CYD - New York Stock Exchange, Inc. - BMG210821051 - Common Stock - Currency: USD
Taking everything into account, CYD scores 3 out of 10 in our fundamental rating. CYD was compared to 129 industry peers in the Machinery industry. CYD may be in some trouble as it scores bad on both profitability and health. CYD is quite expensive at the moment. It does show a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year CYD was profitable.
Each year in the past 5 years CYD has been profitable.
The reported operating cash flow has been mixed in the past 5 years: CYD reported negative operating cash flow in multiple years.
1.2 Ratios
With a Return On Assets value of 1.18%, CYD is not doing good in the industry: 63.20% of the companies in the same industry are doing better.
CYD has a worse Return On Equity (3.17%) than 61.60% of its industry peers.
Looking at the Return On Invested Capital, with a value of 3.75%, CYD is doing worse than 68.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.18% | ||
| ROE | 3.17% | ||
| ROIC | 3.75% |
ROA(3y)N/A
ROA(5y)N/A
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
With a Profit Margin value of 1.58%, CYD is not doing good in the industry: 62.40% of the companies in the same industry are doing better.
CYD's Profit Margin has declined in the last couple of years.
Looking at the Operating Margin, with a value of 3.38%, CYD is doing worse than 68.80% of the companies in the same industry.
CYD's Operating Margin has declined in the last couple of years.
CYD has a worse Gross Margin (16.16%) than 81.60% of its industry peers.
In the last couple of years the Gross Margin of CYD has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 3.38% | ||
| PM (TTM) | 1.58% | ||
| GM | 16.16% |
OM growth 3Y-11.8%
OM growth 5Y-13.33%
PM growth 3Y-15.98%
PM growth 5Y-18.02%
GM growth 3Y1.39%
GM growth 5Y-3.2%
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.
There is no outstanding debt for CYD. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
2.2 Solvency
CYD has an Altman-Z score of 1.74. This is a bad value and indicates that CYD is not financially healthy and even has some risk of bankruptcy.
The Altman-Z score of CYD (1.74) is worse than 65.60% of its industry peers.
CYD has a Debt/Equity ratio of 0.03. This is a healthy value indicating a solid balance between debt and equity.
CYD's Debt to Equity ratio of 0.03 is fine compared to the rest of the industry. CYD outperforms 79.20% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.03 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 1.74 |
ROIC/WACC0.37
WACC10.16%
2.3 Liquidity
A Current Ratio of 1.52 indicates that CYD should not have too much problems paying its short term obligations.
Looking at the Current ratio, with a value of 1.52, CYD is doing worse than 74.40% of the companies in the same industry.
A Quick Ratio of 1.08 indicates that CYD should not have too much problems paying its short term obligations.
Looking at the Quick ratio, with a value of 1.08, CYD is doing worse than 62.40% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.52 | ||
| Quick Ratio | 1.08 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 30.62% over the past year.
Measured over the past years, CYD shows a very negative growth in Earnings Per Share. The EPS has been decreasing by -16.24% on average per year.
The Revenue has grown by 12.57% in the past year. This is quite good.
Measured over the past years, CYD shows a small growth in Revenue. The Revenue has been growing by 2.10% on average per year.
EPS 1Y (TTM)30.62%
EPS 3Y-19.49%
EPS 5Y-16.24%
EPS Q2Q%-14.31%
Revenue 1Y (TTM)12.57%
Revenue growth 3Y-4.29%
Revenue growth 5Y2.1%
Sales Q2Q%18.94%
3.2 Future
The Earnings Per Share is expected to grow by 4.39% on average over the next years.
Based on estimates for the next years, CYD will show a small growth in Revenue. The Revenue will grow by 6.73% on average per year.
EPS Next Y7.16%
EPS Next 2Y1.31%
EPS Next 3Y4.39%
EPS Next 5YN/A
Revenue Next Year8.21%
Revenue Next 2Y6.11%
Revenue Next 3Y6.73%
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
With a Price/Earnings ratio of 20.83, CYD is valued on the expensive side.
CYD's Price/Earnings ratio is a bit cheaper when compared to the industry. CYD is cheaper than 61.60% of the companies in the same industry.
The average S&P500 Price/Earnings ratio is at 29.63. CYD is valued slightly cheaper when compared to this.
Based on the Price/Forward Earnings ratio of 14.77, the valuation of CYD can be described as correct.
Based on the Price/Forward Earnings ratio, CYD is valued cheaper than 80.80% of the companies in the same industry.
CYD is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 22.68, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 20.83 | ||
| Fwd PE | 14.77 |
4.2 Price Multiples
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates CYD does not grow enough to justify the current Price/Earnings ratio.
PEG (NY)2.91
PEG (5Y)N/A
EPS Next 2Y1.31%
EPS Next 3Y4.39%
5. Dividend
5.1 Amount
CYD has a Yearly Dividend Yield of 2.00%.
CYD's Dividend Yield is rather good when compared to the industry average which is at 1.65. CYD pays more dividend than 87.20% of the companies in the same industry.
CYD's Dividend Yield is comparable with the S&P500 average which is at 2.27.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2% |
5.2 History
The dividend of CYD decreases each year by -14.14%.
CYD has paid a dividend for at least 10 years, which is a reliable track record.
CYD has decreased its dividend recently.
Dividend Growth(5Y)-14.14%
Div Incr Years1
Div Non Decr Years1
5.3 Sustainability
DPN/A
EPS Next 2Y1.31%
EPS Next 3Y4.39%
20
+1.02 (+5.37%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryMachinery
Earnings (Last)
Earnings (Next)
Inst Owners13.2%
Inst Owner Change-16.34%
Ins Owners0.16%
Ins Owner ChangeN/A
Market Cap817.20M
Analysts80
Price Target14.38 (-28.1%)
Short Float %0.09%
Short Ratio0.27
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2% |
Yearly Dividend2.68
Dividend Growth(5Y)-14.14%
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)0%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)0%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)0%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 20.83 | ||
| Fwd PE | 14.77 | ||
| P/S | 0.33 | ||
| P/FCF | N/A | ||
| P/OCF | N/A | ||
| P/B | 0.66 | ||
| P/tB | 0.83 | ||
| EV/EBITDA | N/A |
EPS(TTM)0.96
EY4.8%
EPS(NY)1.35
Fwd EY6.77%
FCF(TTM)N/A
FCFYN/A
OCF(TTM)N/A
OCFYN/A
SpS60.87
BVpS30.39
TBVpS24.06
PEG (NY)2.91
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.18% | ||
| ROE | 3.17% | ||
| ROCE | 4.72% | ||
| ROIC | 3.75% | ||
| ROICexc | 5.97% | ||
| ROICexgc | 7.77% | ||
| OM | 3.38% | ||
| PM (TTM) | 1.58% | ||
| GM | 16.16% | ||
| FCFM | N/A |
ROA(3y)N/A
ROA(5y)N/A
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexcg growth 3YN/A
ROICexcg growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3Y-11.8%
OM growth 5Y-13.33%
PM growth 3Y-15.98%
PM growth 5Y-18.02%
GM growth 3Y1.39%
GM growth 5Y-3.2%
F-ScoreN/A
Asset Turnover0.75
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.03 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | N/A | ||
| Cap/Sales | N/A | ||
| Interest Coverage | N/A | ||
| Cash Conversion | N/A | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.52 | ||
| Quick Ratio | 1.08 | ||
| Altman-Z | 1.74 |
F-ScoreN/A
WACC10.16%
ROIC/WACC0.37
Cap/Depr(3y)N/A
Cap/Depr(5y)N/A
Cap/Sales(3y)N/A
Cap/Sales(5y)N/A
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)30.62%
EPS 3Y-19.49%
EPS 5Y-16.24%
EPS Q2Q%-14.31%
EPS Next Y7.16%
EPS Next 2Y1.31%
EPS Next 3Y4.39%
EPS Next 5YN/A
Revenue 1Y (TTM)12.57%
Revenue growth 3Y-4.29%
Revenue growth 5Y2.1%
Sales Q2Q%18.94%
Revenue Next Year8.21%
Revenue Next 2Y6.11%
Revenue Next 3Y6.73%
Revenue Next 5YN/A
EBIT growth 1Y17.36%
EBIT growth 3Y-15.58%
EBIT growth 5Y-11.51%
EBIT Next Year71.55%
EBIT Next 3Y25.12%
EBIT Next 5YN/A
FCF growth 1YN/A
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1YN/A
OCF growth 3YN/A
OCF growth 5YN/A