HYSTER-YALE INC (HY) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:HY - US4491721050 - Common Stock
33.82 USD
-1.21 (-3.45%)
33.35 USD
-0.47 (-1.39%)
Taking everything into account, HY scores 3 out of 10 in our fundamental rating. HY was compared to 130 industry peers in the Machinery industry. HY may be in some trouble as it scores bad on both profitability and health. HY has a valuation in line with the averages, but it does not seem to be growing. Finally HY also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
HY had positive earnings in the past year.
HY had a positive operating cash flow in the past year.
In multiple years HY reported negative net income over the last 5 years.
HY had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
HY has a worse Return On Assets (0.13%) than 67.69% of its industry peers.
Looking at the Return On Equity, with a value of 0.50%, HY is doing worse than 65.38% of the companies in the same industry.
HY has a Return On Invested Capital (5.41%) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.13% | ||
| ROE | 0.5% | ||
| ROIC | 5.41% |
ROA(3y)3.14%
ROA(5y)0.52%
ROE(3y)8.66%
ROE(5y)-3.29%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
Looking at the Profit Margin, with a value of 0.07%, HY is doing worse than 68.46% of the companies in the same industry.
In the last couple of years the Profit Margin of HY has grown nicely.
With a Operating Margin value of 2.22%, HY is not doing good in the industry: 69.23% of the companies in the same industry are doing better.
In the last couple of years the Operating Margin of HY has grown nicely.
HY's Gross Margin of 18.13% is on the low side compared to the rest of the industry. HY is outperformed by 76.92% of its industry peers.
HY's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 2.22% | ||
| PM (TTM) | 0.07% | ||
| GM | 18.13% |
OM growth 3YN/A
OM growth 5Y29.18%
PM growth 3YN/A
PM growth 5Y24.88%
GM growth 3Y20.72%
GM growth 5Y4.68%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so HY is destroying value.
Compared to 1 year ago, HY has more shares outstanding
Compared to 5 years ago, HY has more shares outstanding
HY has a better debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 2.75 indicates that HY is not a great score, but indicates only limited risk for bankruptcy at the moment.
With a Altman-Z score value of 2.75, HY perfoms like the industry average, outperforming 46.92% of the companies in the same industry.
HY has a debt to FCF ratio of 8.74. This is a slightly negative value and a sign of low solvency as HY would need 8.74 years to pay back of all of its debts.
The Debt to FCF ratio of HY (8.74) is comparable to the rest of the industry.
A Debt/Equity ratio of 0.61 indicates that HY is somewhat dependend on debt financing.
HY's Debt to Equity ratio of 0.61 is on the low side compared to the rest of the industry. HY is outperformed by 60.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.61 | ||
| Debt/FCF | 8.74 | ||
| Altman-Z | 2.75 |
ROIC/WACC0.64
WACC8.43%
2.3 Liquidity
HY has a Current Ratio of 1.39. This is a normal value and indicates that HY is financially healthy and should not expect problems in meeting its short term obligations.
With a Current ratio value of 1.39, HY is not doing good in the industry: 77.69% of the companies in the same industry are doing better.
A Quick Ratio of 0.68 indicates that HY may have some problems paying its short term obligations.
HY has a Quick ratio of 0.68. This is amonst the worse of the industry: HY underperforms 83.85% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.39 | ||
| Quick Ratio | 0.68 |
3. Growth
3.1 Past
HY shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -80.58%.
Measured over the past years, HY shows a very strong growth in Earnings Per Share. The EPS has been growing by 35.91% on average per year.
The Revenue has decreased by -8.30% in the past year.
Measured over the past years, HY shows a small growth in Revenue. The Revenue has been growing by 5.53% on average per year.
EPS 1Y (TTM)-80.58%
EPS 3YN/A
EPS 5Y35.91%
EPS Q2Q%-109.28%
Revenue 1Y (TTM)-8.3%
Revenue growth 3Y11.89%
Revenue growth 5Y5.53%
Sales Q2Q%-3.64%
3.2 Future
HY is expected to show a very negative growth in Earnings Per Share. In the coming years, the EPS will decrease by -31.61% yearly.
The Revenue is expected to decrease by -0.87% on average over the next years.
EPS Next Y-107.71%
EPS Next 2Y-43.26%
EPS Next 3Y-37.42%
EPS Next 5Y-31.61%
Revenue Next Year-11.64%
Revenue Next 2Y-6.5%
Revenue Next 3Y-3.18%
Revenue Next 5Y-0.87%
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.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
HY is valuated rather expensively with a Price/Earnings ratio of 19.55.
HY's Price/Earnings ratio is a bit cheaper when compared to the industry. HY is cheaper than 71.54% of the companies in the same industry.
HY is valuated rather cheaply when we compare the Price/Earnings ratio to 26.49, which is the current average of the S&P500 Index.
HY is expected to report negative earnings next year, which makes the Forward Price/Earnings Ratio negative.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 19.55 | ||
| Fwd PE | N/A |
4.2 Price Multiples
HY's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. HY is cheaper than 93.85% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, HY is valued cheaply inside the industry as 87.69% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 11.21 | ||
| EV/EBITDA | 6.94 |
4.3 Compensation for Growth
A cheap valuation may be justified as HY's earnings are expected to decrease with -37.42% in the coming years.
PEG (NY)N/A
PEG (5Y)0.54
EPS Next 2Y-43.26%
EPS Next 3Y-37.42%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 4.11%, HY is a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 1.84, HY pays a better dividend. On top of this HY pays more dividend than 96.15% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 2.31, HY pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.11% |
5.2 History
The dividend of HY has a limited annual growth rate of 1.92%.
HY has paid a dividend for at least 10 years, which is a reliable track record.
HY has not decreased their dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)1.92%
Div Incr Years11
Div Non Decr Years11
5.3 Sustainability
925.93% of the earnings are spent on dividend by HY. This is not a sustainable payout ratio.
HY's earnings are declining while the Dividend Rate has been growing. This means the dividend growth is most likely not sustainable.
DP925.93%
EPS Next 2Y-43.26%
EPS Next 3Y-37.42%
33.82
-1.21 (-3.45%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryMachinery
Earnings (Last)
Earnings (Next)
Inst Owners58.6%
Inst Owner Change-4.32%
Ins Owners17.36%
Ins Owner Change0.91%
Market Cap599.63M
Revenue(TTM)3.91B
Net Income(TTM)2.70M
Analysts82
Price Target37.23 (10.08%)
Short Float %3.05%
Short Ratio4.31
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.11% |
Yearly Dividend1.39
Dividend Growth(5Y)1.92%
DP925.93%
Div Incr Years11
Div Non Decr Years11
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-42.63%
Min EPS beat(2)-122.84%
Max EPS beat(2)37.59%
EPS beat(4)3
Avg EPS beat(4)-20.15%
Min EPS beat(4)-122.84%
Max EPS beat(4)37.59%
EPS beat(8)5
Avg EPS beat(8)-6.86%
EPS beat(12)9
Avg EPS beat(12)77.46%
EPS beat(16)11
Avg EPS beat(16)35.74%
Revenue beat(2)0
Avg Revenue beat(2)-0.7%
Min Revenue beat(2)-0.87%
Max Revenue beat(2)-0.53%
Revenue beat(4)1
Avg Revenue beat(4)-1.69%
Min Revenue beat(4)-6.74%
Max Revenue beat(4)1.38%
Revenue beat(8)2
Avg Revenue beat(8)-1.44%
Revenue beat(12)6
Avg Revenue beat(12)1.12%
Revenue beat(16)8
Avg Revenue beat(16)1.13%
PT rev (1m)-27%
PT rev (3m)-27%
EPS NQ rev (1m)-200%
EPS NQ rev (3m)-255.56%
EPS NY rev (1m)-157.26%
EPS NY rev (3m)-136.22%
Revenue NQ rev (1m)-1.45%
Revenue NQ rev (3m)-1.45%
Revenue NY rev (1m)0.03%
Revenue NY rev (3m)0.03%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 19.55 | ||
| Fwd PE | N/A | ||
| P/S | 0.15 | ||
| P/FCF | 11.21 | ||
| P/OCF | 5.44 | ||
| P/B | 1.12 | ||
| P/tB | 1.34 | ||
| EV/EBITDA | 6.94 |
EPS(TTM)1.73
EY5.12%
EPS(NY)-0.47
Fwd EYN/A
FCF(TTM)3.02
FCFY8.92%
OCF(TTM)6.22
OCFY18.39%
SpS220.73
BVpS30.23
TBVpS25.24
PEG (NY)N/A
PEG (5Y)0.54
Graham Number34.3
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.13% | ||
| ROE | 0.5% | ||
| ROCE | 8.49% | ||
| ROIC | 5.41% | ||
| ROICexc | 5.78% | ||
| ROICexgc | 6.33% | ||
| OM | 2.22% | ||
| PM (TTM) | 0.07% | ||
| GM | 18.13% | ||
| FCFM | 1.37% |
ROA(3y)3.14%
ROA(5y)0.52%
ROE(3y)8.66%
ROE(5y)-3.29%
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
ROICexgc growth 3YN/A
ROICexgc growth 5Y35.18%
ROICexc growth 3YN/A
ROICexc growth 5Y37.6%
OM growth 3YN/A
OM growth 5Y29.18%
PM growth 3YN/A
PM growth 5Y24.88%
GM growth 3Y20.72%
GM growth 5Y4.68%
F-Score5
Asset Turnover1.9
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.61 | ||
| Debt/FCF | 8.74 | ||
| Debt/EBITDA | 2.46 | ||
| Cap/Depr | 123.75% | ||
| Cap/Sales | 1.45% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 83.06% | ||
| Profit Quality | 1981.48% | ||
| Current Ratio | 1.39 | ||
| Quick Ratio | 0.68 | ||
| Altman-Z | 2.75 |
F-Score5
WACC8.43%
ROIC/WACC0.64
Cap/Depr(3y)81.76%
Cap/Depr(5y)92.33%
Cap/Sales(3y)0.93%
Cap/Sales(5y)1.21%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-80.58%
EPS 3YN/A
EPS 5Y35.91%
EPS Q2Q%-109.28%
EPS Next Y-107.71%
EPS Next 2Y-43.26%
EPS Next 3Y-37.42%
EPS Next 5Y-31.61%
Revenue 1Y (TTM)-8.3%
Revenue growth 3Y11.89%
Revenue growth 5Y5.53%
Sales Q2Q%-3.64%
Revenue Next Year-11.64%
Revenue Next 2Y-6.5%
Revenue Next 3Y-3.18%
Revenue Next 5Y-0.87%
EBIT growth 1Y-66.73%
EBIT growth 3YN/A
EBIT growth 5Y36.32%
EBIT Next Year-63.44%
EBIT Next 3Y-18.73%
EBIT Next 5Y-13.74%
FCF growth 1Y-35.85%
FCF growth 3YN/A
FCF growth 5Y35.41%
OCF growth 1Y-0.99%
OCF growth 3YN/A
OCF growth 5Y17.35%
HYSTER-YALE INC / HY FAQ
What is the fundamental rating for HY stock?
ChartMill assigns a fundamental rating of 4 / 10 to HY.
What is the valuation status for HY stock?
ChartMill assigns a valuation rating of 6 / 10 to HYSTER-YALE INC (HY). This can be considered as Fairly Valued.
How profitable is HYSTER-YALE INC (HY) stock?
HYSTER-YALE INC (HY) has a profitability rating of 3 / 10.
What is the valuation of HYSTER-YALE INC based on its PE and PB ratios?
The Price/Earnings (PE) ratio for HYSTER-YALE INC (HY) is 19.55 and the Price/Book (PB) ratio is 1.12.
Can you provide the dividend sustainability for HY stock?
The dividend rating of HYSTER-YALE INC (HY) is 7 / 10 and the dividend payout ratio is 925.93%.