MANITOWOC COMPANY INC (MTW) Stock Fundamental Analysis
NYSE:MTW - New York Stock Exchange, Inc. - US5635714059 - Common Stock - Currency: USD
Overall MTW gets a fundamental rating of 3 out of 10. We evaluated MTW against 129 industry peers in the Machinery industry. MTW has a bad profitability rating. Also its financial health evaluation is rather negative. MTW has a valuation in line with the averages, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
MTW had positive earnings in the past year.
In the past year MTW had a positive cash flow from operations.
The reported net income has been mixed in the past 5 years: MTW reported negative net income in multiple years.
Of the past 5 years MTW 4 years had a positive operating cash flow.
1.2 Ratios
MTW has a Return On Assets (3.36%) which is in line with its industry peers.
MTW's Return On Equity of 8.72% is in line compared to the rest of the industry. MTW outperforms 56.00% of its industry peers.
MTW has a Return On Invested Capital of 4.22%. This is in the lower half of the industry: MTW underperforms 67.20% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for MTW is below the industry average of 11.00%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.36% | ||
| ROE | 8.72% | ||
| ROIC | 4.22% |
ROA(3y)-0.66%
ROA(5y)-0.51%
ROE(3y)-2.59%
ROE(5y)-1.82%
ROIC(3y)6.03%
ROIC(5y)5.29%
1.3 Margins
The Profit Margin of MTW (2.56%) is comparable to the rest of the industry.
MTW's Profit Margin has been stable in the last couple of years.
The Operating Margin of MTW (2.59%) is worse than 70.40% of its industry peers.
In the last couple of years the Operating Margin of MTW has declined.
Looking at the Gross Margin, with a value of 17.22%, MTW is doing worse than 78.40% of the companies in the same industry.
In the last couple of years the Gross Margin of MTW has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 2.59% | ||
| PM (TTM) | 2.56% | ||
| GM | 17.22% |
OM growth 3Y-13.61%
OM growth 5Y-16.67%
PM growth 3Y58.83%
PM growth 5Y0.17%
GM growth 3Y-1.21%
GM growth 5Y-1.7%
2. Health
2.1 Basic Checks
MTW 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, MTW has about the same amount of shares outstanding.
The number of shares outstanding for MTW has been reduced compared to 5 years ago.
Compared to 1 year ago, MTW has a worse debt to assets ratio.
2.2 Solvency
MTW has an Altman-Z score of 2.17. This is not the best score and indicates that MTW is in the grey zone with still only limited risk for bankruptcy at the moment.
With a Altman-Z score value of 2.17, MTW is not doing good in the industry: 60.00% of the companies in the same industry are doing better.
The Debt to FCF ratio of MTW is 111.49, which is on the high side as it means it would take MTW, 111.49 years of fcf income to pay off all of its debts.
MTW has a worse Debt to FCF ratio (111.49) than 69.60% of its industry peers.
MTW has a Debt/Equity ratio of 0.59. This is a neutral value indicating MTW is somewhat dependend on debt financing.
With a Debt to Equity ratio value of 0.59, MTW is not doing good in the industry: 65.60% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.59 | ||
| Debt/FCF | 111.49 | ||
| Altman-Z | 2.17 |
ROIC/WACC0.41
WACC10.21%
2.3 Liquidity
MTW has a Current Ratio of 2.02. This indicates that MTW is financially healthy and has no problem in meeting its short term obligations.
MTW's Current ratio of 2.02 is in line compared to the rest of the industry. MTW outperforms 44.00% of its industry peers.
MTW has a Quick Ratio of 2.02. This is a bad value and indicates that MTW is not financially healthy enough and could expect problems in meeting its short term obligations.
With a Quick ratio value of 0.74, MTW is not doing good in the industry: 84.00% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.02 | ||
| Quick Ratio | 0.74 |
3. Growth
3.1 Past
The earnings per share for MTW have decreased strongly by -73.03% in the last year.
MTW shows a very negative growth in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -26.49% yearly.
Looking at the last year, MTW shows a decrease in Revenue. The Revenue has decreased by -2.24% in the last year.
MTW shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 3.50% yearly.
EPS 1Y (TTM)-73.03%
EPS 3Y-22.18%
EPS 5Y-26.49%
EPS Q2Q%11.11%
Revenue 1Y (TTM)-2.24%
Revenue growth 3Y8.18%
Revenue growth 5Y3.5%
Sales Q2Q%0.03%
3.2 Future
MTW is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 49.45% yearly.
MTW is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 2.35% yearly.
EPS Next Y66.28%
EPS Next 2Y63.93%
EPS Next 3Y49.45%
EPS Next 5YN/A
Revenue Next Year1%
Revenue Next 2Y2.45%
Revenue Next 3Y2.35%
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better 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
MTW is valuated quite expensively with a Price/Earnings ratio of 26.29.
Compared to the rest of the industry, the Price/Earnings ratio of MTW is on the same level as its industry peers.
The average S&P500 Price/Earnings ratio is at 29.63. MTW is around the same levels.
MTW is valuated correctly with a Price/Forward Earnings ratio of 15.81.
Compared to the rest of the industry, the Price/Forward Earnings ratio of MTW indicates a somewhat cheap valuation: MTW is cheaper than 78.40% of the companies listed in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 22.68. MTW is valued slightly cheaper when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 26.29 | ||
| Fwd PE | 15.81 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, MTW is valued cheaply inside the industry as 92.00% of the companies are valued more expensively.
Based on the Price/Free Cash Flow ratio, MTW is valued a bit more expensive than 66.40% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 108.2 | ||
| EV/EBITDA | 6.04 |
4.3 Compensation for Growth
MTW's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
A more expensive valuation may be justified as MTW's earnings are expected to grow with 49.45% in the coming years.
PEG (NY)0.4
PEG (5Y)N/A
EPS Next 2Y63.93%
EPS Next 3Y49.45%
5. Dividend
5.1 Amount
MTW does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
10.78
-0.99 (-8.41%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryMachinery
Earnings (Last)
Earnings (Next)
Inst Owners77.27%
Inst Owner Change-95.22%
Ins Owners3.25%
Ins Owner Change0.59%
Market Cap378.70M
Analysts50.77
Price Target11.14 (3.34%)
Short Float %1.61%
Short Ratio1.92
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly Dividend0.32
Dividend Growth(5Y)-0.22%
DP0%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-120.1%
Min EPS beat(2)-223.76%
Max EPS beat(2)-16.45%
EPS beat(4)0
Avg EPS beat(4)-78.08%
Min EPS beat(4)-223.76%
Max EPS beat(4)-16.45%
EPS beat(8)3
Avg EPS beat(8)30.13%
EPS beat(12)5
Avg EPS beat(12)31.44%
EPS beat(16)7
Avg EPS beat(16)69.86%
Revenue beat(2)1
Avg Revenue beat(2)-0.78%
Min Revenue beat(2)-2.16%
Max Revenue beat(2)0.6%
Revenue beat(4)1
Avg Revenue beat(4)-2.36%
Min Revenue beat(4)-6.95%
Max Revenue beat(4)0.6%
Revenue beat(8)5
Avg Revenue beat(8)2.37%
Revenue beat(12)7
Avg Revenue beat(12)0.82%
Revenue beat(16)9
Avg Revenue beat(16)1.11%
PT rev (1m)-12.25%
PT rev (3m)-12.25%
EPS NQ rev (1m)16.19%
EPS NQ rev (3m)-45.78%
EPS NY rev (1m)-17.04%
EPS NY rev (3m)-13.74%
Revenue NQ rev (1m)-0.04%
Revenue NQ rev (3m)-3.91%
Revenue NY rev (1m)-0.13%
Revenue NY rev (3m)-0.94%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 26.29 | ||
| Fwd PE | 15.81 | ||
| P/S | 0.17 | ||
| P/FCF | 108.2 | ||
| P/OCF | 7.7 | ||
| P/B | 0.59 | ||
| P/tB | 0.85 | ||
| EV/EBITDA | 6.04 |
EPS(TTM)0.41
EY3.8%
EPS(NY)0.68
Fwd EY6.32%
FCF(TTM)0.1
FCFY0.92%
OCF(TTM)1.4
OCFY12.99%
SpS62
BVpS18.22
TBVpS12.63
PEG (NY)0.4
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.36% | ||
| ROE | 8.72% | ||
| ROCE | 4.76% | ||
| ROIC | 4.22% | ||
| ROICexc | 4.4% | ||
| ROICexgc | 5.31% | ||
| OM | 2.59% | ||
| PM (TTM) | 2.56% | ||
| GM | 17.22% | ||
| FCFM | 0.16% |
ROA(3y)-0.66%
ROA(5y)-0.51%
ROE(3y)-2.59%
ROE(5y)-1.82%
ROIC(3y)6.03%
ROIC(5y)5.29%
ROICexc(3y)6.3%
ROICexc(5y)5.6%
ROICexgc(3y)7.78%
ROICexgc(5y)7.41%
ROCE(3y)6.8%
ROCE(5y)5.96%
ROICexcg growth 3Y-11.87%
ROICexcg growth 5Y-20.45%
ROICexc growth 3Y-5.43%
ROICexc growth 5Y-16.33%
OM growth 3Y-13.61%
OM growth 5Y-16.67%
PM growth 3Y58.83%
PM growth 5Y0.17%
GM growth 3Y-1.21%
GM growth 5Y-1.7%
F-Score6
Asset Turnover1.31
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.59 | ||
| Debt/FCF | 111.49 | ||
| Debt/EBITDA | 3.16 | ||
| Cap/Depr | 72.66% | ||
| Cap/Sales | 2.1% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 41.24% | ||
| Profit Quality | 6.27% | ||
| Current Ratio | 2.02 | ||
| Quick Ratio | 0.74 | ||
| Altman-Z | 2.17 |
F-Score6
WACC10.21%
ROIC/WACC0.41
Cap/Depr(3y)99.7%
Cap/Depr(5y)91.08%
Cap/Sales(3y)2.87%
Cap/Sales(5y)2.56%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-73.03%
EPS 3Y-22.18%
EPS 5Y-26.49%
EPS Q2Q%11.11%
EPS Next Y66.28%
EPS Next 2Y63.93%
EPS Next 3Y49.45%
EPS Next 5YN/A
Revenue 1Y (TTM)-2.24%
Revenue growth 3Y8.18%
Revenue growth 5Y3.5%
Sales Q2Q%0.03%
Revenue Next Year1%
Revenue Next 2Y2.45%
Revenue Next 3Y2.35%
Revenue Next 5YN/A
EBIT growth 1Y-39.81%
EBIT growth 3Y-6.55%
EBIT growth 5Y-13.76%
EBIT Next Year120.29%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y124.31%
FCF growth 3Y-53.93%
FCF growth 5YN/A
OCF growth 1Y-21.9%
OCF growth 3Y-13.57%
OCF growth 5YN/A