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 128 industry peers in the Machinery industry. MTW has a bad profitability rating. Also its financial health evaluation is rather negative. MTW is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
MTW had positive earnings in the past year.
MTW had a positive operating cash flow in the past year.
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's Return On Assets of 2.55% is in line compared to the rest of the industry. MTW outperforms 43.75% of its industry peers.
MTW has a Return On Equity of 6.91%. This is comparable to the rest of the industry: MTW outperforms 42.19% of its industry peers.
Looking at the Return On Invested Capital, with a value of 3.43%, MTW is doing worse than 63.28% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for MTW is below the industry average of 10.71%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.55% | ||
| ROE | 6.91% | ||
| ROIC | 3.43% |
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
Looking at the Profit Margin, with a value of 2.09%, MTW is doing worse than 60.16% of the companies in the same industry.
In the last couple of years the Profit Margin of MTW has remained more or less at the same level.
MTW's Operating Margin of 2.17% is on the low side compared to the rest of the industry. MTW is outperformed by 70.31% of its industry peers.
MTW's Operating Margin has declined in the last couple of years.
MTW has a worse Gross Margin (17.29%) than 77.34% of its industry peers.
MTW's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 2.17% | ||
| PM (TTM) | 2.09% | ||
| GM | 17.29% |
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
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so MTW is destroying value.
MTW has about the same amout of shares outstanding than it did 1 year ago.
MTW has less shares outstanding than it did 5 years ago.
Compared to 1 year ago, MTW has a worse debt to assets ratio.
2.2 Solvency
An Altman-Z score of 2.05 indicates that MTW is not a great score, but indicates only limited risk for bankruptcy at the moment.
MTW's Altman-Z score of 2.05 is on the low side compared to the rest of the industry. MTW is outperformed by 67.19% of its industry peers.
The Debt to FCF ratio of MTW is 11.24, which is on the high side as it means it would take MTW, 11.24 years of fcf income to pay off all of its debts.
The Debt to FCF ratio of MTW (11.24) is worse than 64.06% of its industry peers.
A Debt/Equity ratio of 0.59 indicates that MTW is somewhat dependend on debt financing.
MTW has a worse Debt to Equity ratio (0.59) than 60.16% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.59 | ||
| Debt/FCF | 11.24 | ||
| Altman-Z | 2.05 |
ROIC/WACC0.29
WACC11.77%
2.3 Liquidity
A Current Ratio of 1.90 indicates that MTW should not have too much problems paying its short term obligations.
With a Current ratio value of 1.90, MTW perfoms like the industry average, outperforming 44.53% of the companies in the same industry.
A Quick Ratio of 0.64 indicates that MTW may have some problems paying its short term obligations.
MTW's Quick ratio of 0.64 is on the low side compared to the rest of the industry. MTW is outperformed by 90.63% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.9 | ||
| Quick Ratio | 0.64 |
3. Growth
3.1 Past
MTW shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -90.83%.
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 -2.75% in the last year.
The Revenue has been growing slightly by 3.50% on average over the past years.
EPS 1Y (TTM)-90.83%
EPS 3Y-22.18%
EPS 5Y-26.49%
EPS Q2Q%-214.29%
Revenue 1Y (TTM)-2.75%
Revenue growth 3Y8.18%
Revenue growth 5Y3.5%
Sales Q2Q%-4.89%
3.2 Future
Based on estimates for the next years, MTW will show a very strong growth in Earnings Per Share. The EPS will grow by 42.04% on average per year.
Based on estimates for the next years, MTW will show a small growth in Revenue. The Revenue will grow by 2.94% on average per year.
EPS Next Y-15.69%
EPS Next 2Y31.55%
EPS Next 3Y42.04%
EPS Next 5YN/A
Revenue Next Year2.64%
Revenue Next 2Y3.51%
Revenue Next 3Y2.94%
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.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is stable.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 117.09, MTW can be considered very expensive at the moment.
Based on the Price/Earnings ratio, MTW is valued a bit more expensive than 72.66% of the companies in the same industry.
When comparing the Price/Earnings ratio of MTW to the average of the S&P500 Index (27.45), we can say MTW is valued expensively.
A Price/Forward Earnings ratio of 18.15 indicates a rather expensive valuation of MTW.
63.28% of the companies in the same industry are more expensive than MTW, based on the Price/Forward Earnings ratio.
Compared to an average S&P500 Price/Forward Earnings ratio of 21.90, MTW is valued at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 117.09 | ||
| Fwd PE | 18.15 |
4.2 Price Multiples
88.28% of the companies in the same industry are more expensive than MTW, based on the Enterprise Value to EBITDA ratio.
Based on the Price/Free Cash Flow ratio, MTW is valued cheaper than 89.06% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 12.86 | ||
| EV/EBITDA | 7.38 |
4.3 Compensation for Growth
A more expensive valuation may be justified as MTW's earnings are expected to grow with 42.04% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y31.55%
EPS Next 3Y42.04%
5. Dividend
5.1 Amount
No dividends for MTW!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
12.88
+0.12 (+0.94%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryMachinery
Earnings (Last)
Earnings (Next)
Inst Owners77.31%
Inst Owner Change0.05%
Ins Owners4.97%
Ins Owner Change10.68%
Market Cap456.47M
Analysts50
Price Target11.42 (-11.34%)
Short Float %2.85%
Short Ratio3.52
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DP0%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-42.49%
Min EPS beat(2)-68.53%
Max EPS beat(2)-16.45%
EPS beat(4)0
Avg EPS beat(4)-89.43%
Min EPS beat(4)-223.76%
Max EPS beat(4)-16.45%
EPS beat(8)2
Avg EPS beat(8)-4.43%
EPS beat(12)5
Avg EPS beat(12)27.17%
EPS beat(16)7
Avg EPS beat(16)107.92%
Revenue beat(2)0
Avg Revenue beat(2)-3.01%
Min Revenue beat(2)-3.86%
Max Revenue beat(2)-2.16%
Revenue beat(4)1
Avg Revenue beat(4)-3.09%
Min Revenue beat(4)-6.95%
Max Revenue beat(4)0.6%
Revenue beat(8)4
Avg Revenue beat(8)1.21%
Revenue beat(12)6
Avg Revenue beat(12)0.25%
Revenue beat(16)8
Avg Revenue beat(16)0.64%
PT rev (1m)3.23%
PT rev (3m)-6.2%
EPS NQ rev (1m)30.65%
EPS NQ rev (3m)7.52%
EPS NY rev (1m)23.44%
EPS NY rev (3m)-34.81%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0.56%
Revenue NY rev (1m)0.98%
Revenue NY rev (3m)1.62%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 117.09 | ||
| Fwd PE | 18.15 | ||
| P/S | 0.21 | ||
| P/FCF | 12.86 | ||
| P/OCF | 4.92 | ||
| P/B | 0.7 | ||
| P/tB | 1.01 | ||
| EV/EBITDA | 7.38 |
EPS(TTM)0.11
EY0.85%
EPS(NY)0.71
Fwd EY5.51%
FCF(TTM)1
FCFY7.78%
OCF(TTM)2.62
OCFY20.31%
SpS60.77
BVpS18.39
TBVpS12.73
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.55% | ||
| ROE | 6.91% | ||
| ROCE | 3.86% | ||
| ROIC | 3.43% | ||
| ROICexc | 3.55% | ||
| ROICexgc | 4.28% | ||
| OM | 2.17% | ||
| PM (TTM) | 2.09% | ||
| GM | 17.29% | ||
| FCFM | 1.65% |
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-Score5
Asset Turnover1.22
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.59 | ||
| Debt/FCF | 11.24 | ||
| Debt/EBITDA | 3.47 | ||
| Cap/Depr | 90.65% | ||
| Cap/Sales | 2.66% | ||
| Interest Coverage | 1.3 | ||
| Cash Conversion | 84.43% | ||
| Profit Quality | 78.89% | ||
| Current Ratio | 1.9 | ||
| Quick Ratio | 0.64 | ||
| Altman-Z | 2.05 |
F-Score5
WACC11.77%
ROIC/WACC0.29
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)-90.83%
EPS 3Y-22.18%
EPS 5Y-26.49%
EPS Q2Q%-214.29%
EPS Next Y-15.69%
EPS Next 2Y31.55%
EPS Next 3Y42.04%
EPS Next 5YN/A
Revenue 1Y (TTM)-2.75%
Revenue growth 3Y8.18%
Revenue growth 5Y3.5%
Sales Q2Q%-4.89%
Revenue Next Year2.64%
Revenue Next 2Y3.51%
Revenue Next 3Y2.94%
Revenue Next 5YN/A
EBIT growth 1Y-41.11%
EBIT growth 3Y-6.55%
EBIT growth 5Y-13.76%
EBIT Next Year94.06%
EBIT Next 3Y35.96%
EBIT Next 5YN/A
FCF growth 1Y54.35%
FCF growth 3Y-53.93%
FCF growth 5YN/A
OCF growth 1Y6.92%
OCF growth 3Y-13.57%
OCF growth 5YN/A