HYSTER-YALE INC (HY) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:HY - US4491721050 - Common Stock
29.08 USD
+0.42 (+1.47%)
29.08 USD
0 (0%)
HY gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 130 industry peers in the Machinery industry. HY may be in some trouble as it scores bad on both profitability and health. HY is valued correctly, 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.
The reported net income has been mixed in the past 5 years: HY reported negative net income in multiple years.
HY had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
Looking at the Return On Assets, with a value of 0.13%, HY is doing worse than 67.69% of the companies in the same industry.
Looking at the Return On Equity, with a value of 0.50%, HY is doing worse than 66.15% of the companies in the same industry.
Looking at the Return On Invested Capital, with a value of 5.41%, HY is in line with its industry, outperforming 43.85% of the companies in the same 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
HY's Profit Margin of 0.07% is on the low side compared to the rest of the industry. HY is outperformed by 67.69% of its industry peers.
HY's Profit Margin has improved in the last couple of years.
HY has a worse Operating Margin (2.22%) than 69.23% of its industry peers.
HY's Operating Margin has improved in the last couple of years.
HY has a Gross Margin of 18.13%. This is in the lower half of the industry: HY underperforms 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
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), HY is destroying value.
The number of shares outstanding for HY has been increased compared to 1 year ago.
Compared to 5 years ago, HY has more shares outstanding
The debt/assets ratio for HY has been reduced compared to a year ago.
2.2 Solvency
HY has an Altman-Z score of 2.71. This is not the best score and indicates that HY is in the grey zone with still only limited risk for bankruptcy at the moment.
HY has a Altman-Z score (2.71) which is comparable to the rest of the 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.
HY has a Debt/Equity ratio of 0.61. This is a neutral value indicating HY is somewhat dependend on debt financing.
HY has a Debt to Equity ratio of 0.61. This is comparable to the rest of the industry: HY outperforms 40.77% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.61 | ||
| Debt/FCF | 8.74 | ||
| Altman-Z | 2.71 |
ROIC/WACC0.65
WACC8.26%
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: 78.46% of the companies in the same industry are doing better.
HY has a Quick Ratio of 1.39. This is a bad value and indicates that HY is not financially healthy enough and could expect problems in meeting its short term obligations.
HY's Quick ratio of 0.68 is on the low side compared to the rest of the industry. HY is outperformed by 83.85% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.39 | ||
| Quick Ratio | 0.68 |
3. Growth
3.1 Past
The earnings per share for HY have decreased strongly by -80.58% in the last year.
HY shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 35.91% yearly.
Looking at the last year, HY shows a decrease in Revenue. The Revenue has decreased by -8.30% in the last year.
HY shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 5.53% yearly.
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
Based on estimates for the next years, HY will show a very negative growth in Earnings Per Share. The EPS will decrease by -31.61% on average per year.
Based on estimates for the next years, HY will show a decrease in Revenue. The Revenue will decrease by -0.87% on average per year.
EPS Next Y-86.54%
EPS Next 2Y-36.99%
EPS Next 3Y-19.99%
EPS Next 5Y-31.61%
Revenue Next Year-11.66%
Revenue Next 2Y-5.9%
Revenue Next 3Y-2.87%
Revenue Next 5Y-0.87%
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
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 correctly with a Price/Earnings ratio of 16.81.
HY's Price/Earnings ratio is a bit cheaper when compared to the industry. HY is cheaper than 79.23% of the companies in the same industry.
When comparing the Price/Earnings ratio of HY to the average of the S&P500 Index (26.31), we can say HY is valued slightly cheaper.
The Price/Forward Earnings ratio is 8.18, which indicates a very decent valuation of HY.
96.92% of the companies in the same industry are more expensive than HY, based on the Price/Forward Earnings ratio.
When comparing the Price/Forward Earnings ratio of HY to the average of the S&P500 Index (36.59), we can say HY is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 16.81 | ||
| Fwd PE | 8.18 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, HY is valued cheaply inside the industry as 95.38% of the companies are valued more expensively.
93.08% of the companies in the same industry are more expensive than HY, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 9.64 | ||
| EV/EBITDA | 6.25 |
4.3 Compensation for Growth
A cheap valuation may be justified as HY's earnings are expected to decrease with -19.99% in the coming years.
PEG (NY)N/A
PEG (5Y)0.47
EPS Next 2Y-36.99%
EPS Next 3Y-19.99%
5. Dividend
5.1 Amount
HY has a Yearly Dividend Yield of 5.44%, which is a nice return.
The stock price of HY dropped by -22.45% in the last 3 months. With lower prices the dividend yield is higher, but it may be a sign investors do not trust the long term dividend.
HY's Dividend Yield is rather good when compared to the industry average which is at 1.97. HY pays more dividend than 98.46% of the companies in the same industry.
Compared to an average S&P500 Dividend Yield of 2.40, HY pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.44% |
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-36.99%
EPS Next 3Y-19.99%
29.08
+0.42 (+1.47%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryMachinery
Earnings (Last)
Earnings (Next)
Inst Owners62.1%
Inst Owner Change-4.32%
Ins Owners17.32%
Ins Owner Change0.91%
Market Cap515.59M
Revenue(TTM)3.91B
Net Income(TTM)2.70M
Analysts82
Price Target37.23 (28.03%)
Short Float %3.56%
Short Ratio5.34
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.44% |
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)-34.82%
EPS NQ rev (1m)55.56%
EPS NQ rev (3m)47.37%
EPS NY rev (1m)0%
EPS NY rev (3m)-47.88%
Revenue NQ rev (1m)-1.45%
Revenue NQ rev (3m)-1.45%
Revenue NY rev (1m)0%
Revenue NY rev (3m)1.97%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 16.81 | ||
| Fwd PE | 8.18 | ||
| P/S | 0.13 | ||
| P/FCF | 9.64 | ||
| P/OCF | 4.67 | ||
| P/B | 0.96 | ||
| P/tB | 1.15 | ||
| EV/EBITDA | 6.25 |
EPS(TTM)1.73
EY5.95%
EPS(NY)3.55
Fwd EY12.22%
FCF(TTM)3.02
FCFY10.38%
OCF(TTM)6.22
OCFY21.39%
SpS220.73
BVpS30.23
TBVpS25.24
PEG (NY)N/A
PEG (5Y)0.47
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 | 2.71 |
F-Score5
WACC8.26%
ROIC/WACC0.65
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-86.54%
EPS Next 2Y-36.99%
EPS Next 3Y-19.99%
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-11.66%
Revenue Next 2Y-5.9%
Revenue Next 3Y-2.87%
Revenue Next 5Y-0.87%
EBIT growth 1Y-66.73%
EBIT growth 3YN/A
EBIT growth 5Y36.32%
EBIT Next Year-54.2%
EBIT Next 3Y-8.47%
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 16.81 and the Price/Book (PB) ratio is 0.96.
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%.