GREENBRIER COMPANIES INC (GBX) Stock Fundamental Analysis
USA - NYSE:GBX - US3936571013 - Common Stock
46.51 USD
+0.37 (+0.8%)
46.51 USD
0 (0%)
GBX gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 128 industry peers in the Machinery industry. There are concerns on the financial health of GBX while its profitability can be described as average. GBX is cheap, but on the other hand it scores bad on growth.
1. Profitability
1.1 Basic Checks
In the past year GBX was profitable.
GBX had a positive operating cash flow in the past year.
In the past 5 years GBX has always been profitable.
In multiple years GBX reported negative operating cash flow during the last 5 years.
1.2 Ratios
GBX's Return On Assets of 5.26% is in line compared to the rest of the industry. GBX outperforms 57.03% of its industry peers.
With a decent Return On Equity value of 15.22%, GBX is doing good in the industry, outperforming 74.22% of the companies in the same industry.
Looking at the Return On Invested Capital, with a value of 7.83%, GBX is in line with its industry, outperforming 57.03% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for GBX is significantly below the industry average of 10.02%.
The 3 year average ROIC (4.87%) for GBX is below the current ROIC(7.83%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.26% | ||
| ROE | 15.22% | ||
| ROIC | 7.83% |
ROA(3y)2.18%
ROA(5y)1.81%
ROE(3y)6.76%
ROE(5y)5.31%
ROIC(3y)4.87%
ROIC(5y)3.92%
1.3 Margins
Looking at the Profit Margin, with a value of 6.48%, GBX is in line with its industry, outperforming 55.47% of the companies in the same industry.
GBX's Profit Margin has improved in the last couple of years.
The Operating Margin of GBX (11.16%) is comparable to the rest of the industry.
In the last couple of years the Operating Margin of GBX has grown nicely.
Looking at the Gross Margin, with a value of 18.53%, GBX is doing worse than 75.78% of the companies in the same industry.
In the last couple of years the Gross Margin of GBX has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 11.16% | ||
| PM (TTM) | 6.48% | ||
| GM | 18.53% |
OM growth 3Y56.84%
OM growth 5Y11.71%
PM growth 3Y34.43%
PM growth 5Y14.02%
GM growth 3Y5.95%
GM growth 5Y5.45%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so GBX is destroying value.
The number of shares outstanding for GBX has been increased compared to 1 year ago.
The number of shares outstanding for GBX has been reduced compared to 5 years ago.
The debt/assets ratio for GBX is higher compared to a year ago.
2.2 Solvency
GBX has an Altman-Z score of 1.92. This is not the best score and indicates that GBX is in the grey zone with still only limited risk for bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 1.92, GBX is doing worse than 64.84% of the companies in the same industry.
The Debt to FCF ratio of GBX is 23.13, which is on the high side as it means it would take GBX, 23.13 years of fcf income to pay off all of its debts.
Looking at the Debt to FCF ratio, with a value of 23.13, GBX is doing worse than 69.53% of the companies in the same industry.
GBX has a Debt/Equity ratio of 1.17. This is a high value indicating a heavy dependency on external financing.
The Debt to Equity ratio of GBX (1.17) is worse than 80.47% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.17 | ||
| Debt/FCF | 23.13 | ||
| Altman-Z | 1.92 |
ROIC/WACC0.88
WACC8.87%
2.3 Liquidity
GBX has a Current Ratio of 1.44. This is a normal value and indicates that GBX is financially healthy and should not expect problems in meeting its short term obligations.
With a Current ratio value of 1.44, GBX is not doing good in the industry: 77.34% of the companies in the same industry are doing better.
GBX has a Quick Ratio of 1.44. This is a bad value and indicates that GBX is not financially healthy enough and could expect problems in meeting its short term obligations.
Looking at the Quick ratio, with a value of 0.78, GBX is doing worse than 77.34% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.44 | ||
| Quick Ratio | 0.78 |
3. Growth
3.1 Past
GBX shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 77.83%, which is quite impressive.
The Earnings Per Share has been growing by 10.92% on average over the past years. This is quite good.
The Revenue has been growing slightly by 0.70% in the past year.
GBX shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 3.16% yearly.
EPS 1Y (TTM)77.83%
EPS 3Y65.82%
EPS 5Y10.92%
EPS Q2Q%75.47%
Revenue 1Y (TTM)0.7%
Revenue growth 3Y26.57%
Revenue growth 5Y3.16%
Sales Q2Q%2.74%
3.2 Future
Based on estimates for the next years, GBX will show a small growth in Earnings Per Share. The EPS will grow by 0.55% on average per year.
Based on estimates for the next years, GBX will show a decrease in Revenue. The Revenue will decrease by -5.01% on average per year.
EPS Next Y28.94%
EPS Next 2Y0.55%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year-7.22%
Revenue Next 2Y-5.01%
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 decreasing.
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
Based on the Price/Earnings ratio of 6.59, the valuation of GBX can be described as very cheap.
96.88% of the companies in the same industry are more expensive than GBX, based on the Price/Earnings ratio.
GBX is valuated cheaply when we compare the Price/Earnings ratio to 27.27, which is the current average of the S&P500 Index.
With a Price/Forward Earnings ratio of 9.26, the valuation of GBX can be described as very reasonable.
Compared to the rest of the industry, the Price/Forward Earnings ratio of GBX indicates a rather cheap valuation: GBX is cheaper than 96.09% of the companies listed in the same industry.
GBX's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 22.77.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.59 | ||
| Fwd PE | 9.26 |
4.2 Price Multiples
98.44% of the companies in the same industry are more expensive than GBX, based on the Enterprise Value to EBITDA ratio.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of GBX indicates a somewhat cheap valuation: GBX is cheaper than 67.19% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 18.85 | ||
| EV/EBITDA | 4.88 |
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.
PEG (NY)0.23
PEG (5Y)0.6
EPS Next 2Y0.55%
EPS Next 3YN/A
5. Dividend
5.1 Amount
GBX has a Yearly Dividend Yield of 2.71%. Purely for dividend investing, there may be better candidates out there.
Compared to an average industry Dividend Yield of 1.74, GBX pays a better dividend. On top of this GBX pays more dividend than 90.63% of the companies listed in the same industry.
GBX's Dividend Yield is comparable with the S&P500 average which is at 2.38.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.71% |
5.2 History
The dividend of GBX has a limited annual growth rate of 3.82%.
GBX has been paying a dividend for at least 10 years, so it has a reliable track record.
GBX has not decreased their dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)3.82%
Div Incr Years2
Div Non Decr Years10
5.3 Sustainability
17.04% of the earnings are spent on dividend by GBX. This is a low number and sustainable payout ratio.
GBX's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP17.04%
EPS Next 2Y0.55%
EPS Next 3YN/A
46.51
+0.37 (+0.8%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryMachinery
Earnings (Last)
Earnings (Next)
Inst Owners106.45%
Inst Owner Change1.9%
Ins Owners1.81%
Ins Owner Change-0.74%
Market Cap1.44B
Analysts46.67
Price Target54.57 (17.33%)
Short Float %7.66%
Short Ratio5.84
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.71% |
Yearly Dividend1.24
Dividend Growth(5Y)3.82%
DP17.04%
Div Incr Years2
Div Non Decr Years10
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)36.87%
Min EPS beat(2)-13.23%
Max EPS beat(2)86.96%
EPS beat(4)3
Avg EPS beat(4)41.3%
Min EPS beat(4)-13.23%
Max EPS beat(4)86.96%
EPS beat(8)5
Avg EPS beat(8)24.58%
EPS beat(12)8
Avg EPS beat(12)23.35%
EPS beat(16)11
Avg EPS beat(16)23.32%
Revenue beat(2)1
Avg Revenue beat(2)-4.92%
Min Revenue beat(2)-16.02%
Max Revenue beat(2)6.19%
Revenue beat(4)3
Avg Revenue beat(4)-1%
Min Revenue beat(4)-16.02%
Max Revenue beat(4)6.19%
Revenue beat(8)5
Avg Revenue beat(8)-2.41%
Revenue beat(12)9
Avg Revenue beat(12)3.46%
Revenue beat(16)12
Avg Revenue beat(16)4.04%
PT rev (1m)0%
PT rev (3m)9.18%
EPS NQ rev (1m)0%
EPS NQ rev (3m)28.96%
EPS NY rev (1m)7.18%
EPS NY rev (3m)22.14%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-3.54%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.89%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.59 | ||
| Fwd PE | 9.26 | ||
| P/S | 0.41 | ||
| P/FCF | 18.85 | ||
| P/OCF | 4 | ||
| P/B | 0.95 | ||
| P/tB | 1.07 | ||
| EV/EBITDA | 4.88 |
EPS(TTM)7.06
EY15.18%
EPS(NY)5.02
Fwd EY10.8%
FCF(TTM)2.47
FCFY5.31%
OCF(TTM)11.62
OCFY24.99%
SpS114.43
BVpS48.7
TBVpS43.59
PEG (NY)0.23
PEG (5Y)0.6
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.26% | ||
| ROE | 15.22% | ||
| ROCE | 12.03% | ||
| ROIC | 7.83% | ||
| ROICexc | 8.53% | ||
| ROICexgc | 9.73% | ||
| OM | 11.16% | ||
| PM (TTM) | 6.48% | ||
| GM | 18.53% | ||
| FCFM | 2.16% |
ROA(3y)2.18%
ROA(5y)1.81%
ROE(3y)6.76%
ROE(5y)5.31%
ROIC(3y)4.87%
ROIC(5y)3.92%
ROICexc(3y)5.53%
ROICexc(5y)4.74%
ROICexgc(3y)6.3%
ROICexgc(5y)5.45%
ROCE(3y)7.54%
ROCE(5y)6.11%
ROICexcg growth 3Y91.91%
ROICexcg growth 5Y10.27%
ROICexc growth 3Y91.04%
ROICexc growth 5Y11.88%
OM growth 3Y56.84%
OM growth 5Y11.71%
PM growth 3Y34.43%
PM growth 5Y14.02%
GM growth 3Y5.95%
GM growth 5Y5.45%
F-Score7
Asset Turnover0.81
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.17 | ||
| Debt/FCF | 23.13 | ||
| Debt/EBITDA | 3.41 | ||
| Cap/Depr | 230.59% | ||
| Cap/Sales | 8% | ||
| Interest Coverage | 4.7 | ||
| Cash Conversion | 69.41% | ||
| Profit Quality | 33.29% | ||
| Current Ratio | 1.44 | ||
| Quick Ratio | 0.78 | ||
| Altman-Z | 1.92 |
F-Score7
WACC8.87%
ROIC/WACC0.88
Cap/Depr(3y)352.81%
Cap/Depr(5y)251.47%
Cap/Sales(3y)11.07%
Cap/Sales(5y)8.71%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)77.83%
EPS 3Y65.82%
EPS 5Y10.92%
EPS Q2Q%75.47%
EPS Next Y28.94%
EPS Next 2Y0.55%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)0.7%
Revenue growth 3Y26.57%
Revenue growth 5Y3.16%
Sales Q2Q%2.74%
Revenue Next Year-7.22%
Revenue Next 2Y-5.01%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y54.58%
EBIT growth 3Y98.52%
EBIT growth 5Y15.24%
EBIT Next Year77.98%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y136.88%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y100.28%
OCF growth 3YN/A
OCF growth 5YN/A