HYSTER-YALE INC (HY) Stock Fundamental Analysis
NYSE:HY - New York Stock Exchange, Inc. - US4491721050 - Common Stock - Currency: USD
We assign a fundamental rating of 4 out of 10 to HY. HY was compared to 128 industry peers in the Machinery industry. While HY is still in line with the averages on profitability rating, there are concerns on its financial health. HY is cheap, but on the other hand it scores bad on growth. Finally HY also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
HY had positive earnings in the past year.
In the past year HY had a positive cash flow from operations.
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
With a Return On Assets value of 4.84%, HY perfoms like the industry average, outperforming 52.34% of the companies in the same industry.
With an excellent Return On Equity value of 19.49%, HY belongs to the best of the industry, outperforming 82.03% of the companies in the same industry.
HY's Return On Invested Capital of 12.74% is fine compared to the rest of the industry. HY outperforms 78.13% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.84% | ||
| ROE | 19.49% | ||
| ROIC | 12.74% |
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
With a Profit Margin value of 2.39%, HY perfoms like the industry average, outperforming 40.63% of the companies in the same industry.
HY's Profit Margin has improved in the last couple of years.
With a Operating Margin value of 4.93%, HY is not doing good in the industry: 62.50% of the companies in the same industry are doing better.
HY's Operating Margin has improved in the last couple of years.
HY has a worse Gross Margin (20.12%) than 72.66% of its industry peers.
HY's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 4.93% | ||
| PM (TTM) | 2.39% | ||
| GM | 20.12% |
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
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), HY is creating some value.
Compared to 1 year ago, HY has more shares outstanding
HY has more shares outstanding than it did 5 years ago.
Compared to 1 year ago, HY has an improved debt to assets ratio.
2.2 Solvency
HY has an Altman-Z score of 3.14. This indicates that HY is financially healthy and has little risk of bankruptcy at the moment.
HY has a Altman-Z score (3.14) which is comparable to the rest of the industry.
HY has a debt to FCF ratio of 7.93. This is a slightly negative value and a sign of low solvency as HY would need 7.93 years to pay back of all of its debts.
HY has a Debt to FCF ratio (7.93) which is comparable to the rest of the industry.
A Debt/Equity ratio of 0.67 indicates that HY is somewhat dependend on debt financing.
HY has a worse Debt to Equity ratio (0.67) than 67.19% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.67 | ||
| Debt/FCF | 7.93 | ||
| Altman-Z | 3.14 |
ROIC/WACC1.44
WACC8.85%
2.3 Liquidity
HY has a Current Ratio of 1.38. This is a normal value and indicates that HY is financially healthy and should not expect problems in meeting its short term obligations.
HY has a Current ratio of 1.38. This is in the lower half of the industry: HY underperforms 79.69% of its industry peers.
HY has a Quick Ratio of 1.38. This is a bad value and indicates that HY is not financially healthy enough and could expect problems in meeting its short term obligations.
The Quick ratio of HY (0.65) is worse than 89.84% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.38 | ||
| Quick Ratio | 0.65 |
3. Growth
3.1 Past
The earnings per share for HY have decreased strongly by -24.57% in the last year.
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.
Looking at the last year, HY shows a decrease in Revenue. The Revenue has decreased by -0.32% in the last 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)-24.57%
EPS 3YN/A
EPS 5Y35.91%
EPS Q2Q%-83.28%
Revenue 1Y (TTM)-0.32%
Revenue growth 3Y11.89%
Revenue growth 5Y5.53%
Sales Q2Q%-13.83%
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 -15.29% yearly.
HY is expected to show a decrease in Revenue. In the coming years, the Revenue will decrease by -1.32% yearly.
EPS Next Y-74.16%
EPS Next 2Y-35.54%
EPS Next 3Y-25.66%
EPS Next 5Y-15.29%
Revenue Next Year-13.37%
Revenue Next 2Y-5.74%
Revenue Next 3Y-3.13%
Revenue Next 5Y-1.32%
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
A Price/Earnings ratio of 6.53 indicates a rather cheap valuation of HY.
HY's Price/Earnings ratio is rather cheap when compared to the industry. HY is cheaper than 97.66% of the companies in the same industry.
When comparing the Price/Earnings ratio of HY to the average of the S&P500 Index (27.45), we can say HY is valued rather cheaply.
The Price/Forward Earnings ratio is 11.44, which indicates a very decent valuation of HY.
Based on the Price/Forward Earnings ratio, HY is valued cheaper than 88.28% of the companies in the same industry.
HY is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 21.90, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.53 | ||
| Fwd PE | 11.44 |
4.2 Price Multiples
98.44% of the companies in the same industry are more expensive than HY, based on the Enterprise Value to EBITDA ratio.
Based on the Price/Free Cash Flow ratio, HY is valued cheaply inside the industry as 90.63% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 12.35 | ||
| EV/EBITDA | 4.21 |
4.3 Compensation for Growth
HY's earnings are expected to decrease with -25.66% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)0.18
EPS Next 2Y-35.54%
EPS Next 3Y-25.66%
5. Dividend
5.1 Amount
HY has a Yearly Dividend Yield of 3.59%. Purely for dividend investing, there may be better candidates out there.
HY's Dividend Yield is rather good when compared to the industry average which is at 1.83. HY pays more dividend than 92.97% of the companies in the same industry.
HY's Dividend Yield is rather good when compared to the S&P500 average which is at 2.38.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.59% |
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
24.65% of the earnings are spent on dividend by HY. This is a low number and sustainable payout ratio.
DP24.65%
EPS Next 2Y-35.54%
EPS Next 3Y-25.66%
NYSE:HY (7/3/2025, 7:34:44 PM)
42.54
+0.27 (+0.64%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryMachinery
Earnings (Last)
Earnings (Next)
Inst Owners61.49%
Inst Owner Change0.43%
Ins Owners18.03%
Ins Owner Change6.74%
Market Cap753.38M
Analysts82
Price Target57.12 (34.27%)
Short Float %4.09%
Short Ratio6.79
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.59% |
Yearly Dividend1.39
Dividend Growth(5Y)1.92%
DP24.65%
Div Incr Years11
Div Non Decr Years11
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)2.32%
Min EPS beat(2)1.22%
Max EPS beat(2)3.42%
EPS beat(4)3
Avg EPS beat(4)4.29%
Min EPS beat(4)-52.2%
Max EPS beat(4)64.73%
EPS beat(8)6
Avg EPS beat(8)52.96%
EPS beat(12)9
Avg EPS beat(12)87.66%
EPS beat(16)10
Avg EPS beat(16)10.14%
Revenue beat(2)1
Avg Revenue beat(2)-2.68%
Min Revenue beat(2)-6.74%
Max Revenue beat(2)1.38%
Revenue beat(4)2
Avg Revenue beat(4)-1.76%
Min Revenue beat(4)-6.74%
Max Revenue beat(4)4.95%
Revenue beat(8)4
Avg Revenue beat(8)0.58%
Revenue beat(12)7
Avg Revenue beat(12)1.59%
Revenue beat(16)9
Avg Revenue beat(16)0.92%
PT rev (1m)-22.76%
PT rev (3m)-22.76%
EPS NQ rev (1m)0%
EPS NQ rev (3m)14.42%
EPS NY rev (1m)0%
EPS NY rev (3m)-58.35%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-6.67%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-5.61%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.53 | ||
| Fwd PE | 11.44 | ||
| P/S | 0.18 | ||
| P/FCF | 12.35 | ||
| P/OCF | 6.73 | ||
| P/B | 1.48 | ||
| P/tB | 1.77 | ||
| EV/EBITDA | 4.21 |
EPS(TTM)6.51
EY15.3%
EPS(NY)3.72
Fwd EY8.74%
FCF(TTM)3.44
FCFY8.1%
OCF(TTM)6.32
OCFY14.85%
SpS235.01
BVpS28.8
TBVpS24.04
PEG (NY)N/A
PEG (5Y)0.18
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.84% | ||
| ROE | 19.49% | ||
| ROCE | 20.48% | ||
| ROIC | 12.74% | ||
| ROICexc | 13.7% | ||
| ROICexgc | 14.93% | ||
| OM | 4.93% | ||
| PM (TTM) | 2.39% | ||
| GM | 20.12% | ||
| FCFM | 1.47% |
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
ROICexcg growth 3YN/A
ROICexcg 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-Score6
Asset Turnover2.03
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.67 | ||
| Debt/FCF | 7.93 | ||
| Debt/EBITDA | 1.35 | ||
| Cap/Depr | 108.53% | ||
| Cap/Sales | 1.22% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 44.4% | ||
| Profit Quality | 61.37% | ||
| Current Ratio | 1.38 | ||
| Quick Ratio | 0.65 | ||
| Altman-Z | 3.14 |
F-Score6
WACC8.85%
ROIC/WACC1.44
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)-24.57%
EPS 3YN/A
EPS 5Y35.91%
EPS Q2Q%-83.28%
EPS Next Y-74.16%
EPS Next 2Y-35.54%
EPS Next 3Y-25.66%
EPS Next 5Y-15.29%
Revenue 1Y (TTM)-0.32%
Revenue growth 3Y11.89%
Revenue growth 5Y5.53%
Sales Q2Q%-13.83%
Revenue Next Year-13.37%
Revenue Next 2Y-5.74%
Revenue Next 3Y-3.13%
Revenue Next 5Y-1.32%
EBIT growth 1Y-17.93%
EBIT growth 3YN/A
EBIT growth 5Y36.32%
EBIT Next Year-41.33%
EBIT Next 3Y-11.06%
EBIT Next 5Y-6.6%
FCF growth 1Y291.22%
FCF growth 3YN/A
FCF growth 5Y35.41%
OCF growth 1Y1277.89%
OCF growth 3YN/A
OCF growth 5Y17.35%