HYSTER-YALE INC (HY) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:HY - US4491721050 - Common Stock
31 USD
+0.05 (+0.16%)
31.08 USD
+0.08 (+0.26%)
We assign a fundamental rating of 3 out of 10 to HY. HY was compared to 132 industry peers in the Machinery industry. Both the profitability and financial health of HY have multiple concerns. HY has a valuation in line with the averages, 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.
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.
Of the past 5 years HY 4 years had a positive operating cash flow.
1.2 Ratios
The Return On Assets of HY (0.13%) is worse than 66.67% of its industry peers.
HY has a Return On Equity of 0.50%. This is in the lower half of the industry: HY underperforms 64.39% of its industry peers.
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 67.42% of its industry peers.
In the last couple of years the Profit Margin of HY has grown nicely.
Looking at the Operating Margin, with a value of 2.22%, HY is doing worse than 68.94% of the companies in the same industry.
In the last couple of years the Operating Margin of HY has grown nicely.
The Gross Margin of HY (18.13%) is worse than 77.27% 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.
Compared to 1 year ago, HY has more shares outstanding
HY has more shares outstanding than it did 5 years ago.
HY has a better debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 2.73 indicates that HY is not a great score, but indicates only limited risk for bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 2.73, HY is in line with its industry, outperforming 45.45% of the companies in the same industry.
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.
HY has a Debt to FCF ratio of 8.74. This is comparable to the rest of the industry: HY outperforms 43.18% of its industry peers.
A Debt/Equity ratio of 0.61 indicates that HY is somewhat dependend on debt financing.
Looking at the Debt to Equity ratio, with a value of 0.61, HY is in line with its industry, outperforming 40.91% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.61 | ||
| Debt/FCF | 8.74 | ||
| Altman-Z | 2.73 |
ROIC/WACC0.65
WACC8.35%
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.
The Current ratio of HY (1.39) is worse than 76.52% of its industry peers.
A Quick Ratio of 0.68 indicates that HY may have some problems paying its short term obligations.
With a Quick ratio value of 0.68, HY is not doing good in the industry: 83.33% of the companies in the same industry are doing better.
| 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.
HY shows a decrease in Revenue. In the last year, the revenue decreased by -8.30%.
The Revenue has been growing slightly by 5.53% on average over the past years.
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
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
Based on the Price/Earnings ratio of 17.92, the valuation of HY can be described as rather expensive.
Based on the Price/Earnings ratio, HY is valued a bit cheaper than 79.55% of the companies in the same industry.
HY's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 26.57.
HY is expected to report negative earnings next year, which makes the Forward Price/Earnings Ratio negative.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 17.92 | ||
| Fwd PE | N/A |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, HY is valued cheaper than 95.45% 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 93.18% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 10.27 | ||
| EV/EBITDA | 6.56 |
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)0.5
EPS Next 2Y-43.26%
EPS Next 3Y-37.42%
5. Dividend
5.1 Amount
HY has a Yearly Dividend Yield of 4.62%, which is a nice return.
HY's Dividend Yield is rather good when compared to the industry average which is at 1.04. HY pays more dividend than 98.48% of the companies in the same industry.
Compared to an average S&P500 Dividend Yield of 1.88, HY pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.62% |
5.2 History
The dividend of HY has a limited annual growth rate of 1.92%.
HY has been paying a dividend for at least 10 years, so it has 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
HY pays out 925.93% of its income as dividend. This is not a sustainable payout ratio.
The Dividend Rate of HY has been growing, while earnings will be declining. This means the dividend growth is most likely not sustainable.
DP925.93%
EPS Next 2Y-43.26%
EPS Next 3Y-37.42%
31
+0.05 (+0.16%)
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 Cap549.63M
Revenue(TTM)3.91B
Net Income(TTM)2.70M
Analysts82
Price Target37.23 (20.1%)
Short Float %3.27%
Short Ratio3.4
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.62% |
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)-157.26%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-1.45%
Revenue NY rev (1m)0.03%
Revenue NY rev (3m)0.03%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 17.92 | ||
| Fwd PE | N/A | ||
| P/S | 0.14 | ||
| P/FCF | 10.27 | ||
| P/OCF | 4.98 | ||
| P/B | 1.03 | ||
| P/tB | 1.23 | ||
| EV/EBITDA | 6.56 |
EPS(TTM)1.73
EY5.58%
EPS(NY)-0.47
Fwd EYN/A
FCF(TTM)3.02
FCFY9.73%
OCF(TTM)6.22
OCFY20.07%
SpS220.73
BVpS30.23
TBVpS25.24
PEG (NY)N/A
PEG (5Y)0.5
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 | 2.73 |
F-Score5
WACC8.35%
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-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 3 / 10 to HY.
What is the valuation status for HY stock?
ChartMill assigns a valuation rating of 4 / 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 17.92 and the Price/Book (PB) ratio is 1.03.
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%.