HYSTER-YALE INC (HY) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:HY - US4491721050 - Common Stock
35.03 USD
+0.63 (+1.83%)
35.2 USD
+0.17 (+0.49%)
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 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.
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.
HY has a Return On Invested Capital (5.41%) which is in line with its industry peers.
| 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
The Profit Margin of HY (0.07%) is worse than 67.69% of its industry peers.
HY's Profit Margin has improved in the last couple of years.
HY has a Operating Margin of 2.22%. This is in the lower half of the industry: HY underperforms 69.23% of its industry peers.
HY's Operating Margin has improved in the last couple of years.
The Gross Margin of HY (18.13%) is worse than 76.92% of its industry peers.
In the last couple of years the Gross Margin of HY has grown nicely.
| 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
HY has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
Compared to 1 year ago, HY has more shares outstanding
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 2.76. 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 (2.76) which is in line with its industry peers.
The Debt to FCF ratio of HY is 8.74, which is on the high side as it means it would take HY, 8.74 years of fcf income to pay off 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 has a Debt to Equity ratio (0.61) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.61 | ||
| Debt/FCF | 8.74 | ||
| Altman-Z | 2.76 |
ROIC/WACC0.64
WACC8.4%
2.3 Liquidity
A Current Ratio of 1.39 indicates that HY should not have too much problems paying its short term obligations.
HY has a Current ratio of 1.39. This is in the lower half of the industry: HY underperforms 78.46% of its industry peers.
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 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
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.
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.
HY is expected to show a decrease in Revenue. In the coming years, the Revenue will decrease by -0.87% yearly.
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.
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
A Price/Earnings ratio of 20.25 indicates a rather expensive valuation of HY.
HY's Price/Earnings ratio is a bit cheaper when compared to the industry. HY is cheaper than 69.23% of the companies in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 26.41, HY is valued a bit cheaper.
HY is valuated reasonably with a Price/Forward Earnings ratio of 9.86.
Compared to the rest of the industry, the Price/Forward Earnings ratio of HY indicates a rather cheap valuation: HY is cheaper than 95.38% of the companies listed in the same industry.
HY is valuated cheaply when we compare the Price/Forward Earnings ratio to 35.40, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 20.25 | ||
| Fwd PE | 9.86 |
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.
HY's Price/Free Cash Flow ratio is rather cheap when compared to the industry. HY is cheaper than 88.46% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 11.61 | ||
| EV/EBITDA | 7.1 |
4.3 Compensation for Growth
HY's earnings are expected to decrease with -19.99% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)0.56
EPS Next 2Y-36.99%
EPS Next 3Y-19.99%
5. Dividend
5.1 Amount
HY has a Yearly Dividend Yield of 5.02%, which is a nice return.
Compared to an average industry Dividend Yield of 1.90, HY pays a better dividend. On top of this HY pays more dividend than 98.46% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 2.32, HY pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.02% |
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 its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.
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%
35.03
+0.63 (+1.83%)
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 Cap621.08M
Revenue(TTM)3.91B
Net Income(TTM)2.70M
Analysts82
Price Target37.23 (6.28%)
Short Float %3.05%
Short Ratio4.31
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.02% |
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)55.56%
EPS NQ rev (3m)47.37%
EPS NY rev (1m)0%
EPS NY rev (3m)-36.76%
Revenue NQ rev (1m)-1.45%
Revenue NQ rev (3m)-1.45%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 20.25 | ||
| Fwd PE | 9.86 | ||
| P/S | 0.16 | ||
| P/FCF | 11.61 | ||
| P/OCF | 5.63 | ||
| P/B | 1.16 | ||
| P/tB | 1.39 | ||
| EV/EBITDA | 7.1 |
EPS(TTM)1.73
EY4.94%
EPS(NY)3.55
Fwd EY10.14%
FCF(TTM)3.02
FCFY8.61%
OCF(TTM)6.22
OCFY17.76%
SpS220.73
BVpS30.23
TBVpS25.24
PEG (NY)N/A
PEG (5Y)0.56
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 | 2.76 |
F-Score5
WACC8.4%
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-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 20.25 and the Price/Book (PB) ratio is 1.16.
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%.