PARK-OHIO HOLDINGS CORP (PKOH) Stock Fundamental Analysis
USA - NASDAQ:PKOH - US7006661000 - Common Stock
19.33 USD
+0.14 (+0.73%)
19.7 USD
+0.37 (+1.91%)
We assign a fundamental rating of 3 out of 10 to PKOH. PKOH was compared to 130 industry peers in the Machinery industry. PKOH has a bad profitability rating. Also its financial health evaluation is rather negative. PKOH has a valuation in line with the averages, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
PKOH had positive earnings in the past year.
In the past year PKOH had a positive cash flow from operations.
In multiple years PKOH reported negative net income over the last 5 years.
In multiple years PKOH reported negative operating cash flow during the last 5 years.
1.2 Ratios
PKOH has a worse Return On Assets (1.96%) than 61.54% of its industry peers.
The Return On Equity of PKOH (7.49%) is comparable to the rest of the industry.
Looking at the Return On Invested Capital, with a value of 6.22%, PKOH is in line with its industry, outperforming 46.15% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for PKOH is below the industry average of 10.24%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.96% | ||
| ROE | 7.49% | ||
| ROIC | 6.22% |
ROA(3y)0.64%
ROA(5y)-0.05%
ROE(3y)2.29%
ROE(5y)-0.47%
ROIC(3y)6.45%
ROIC(5y)4.66%
1.3 Margins
Looking at the Profit Margin, with a value of 1.73%, PKOH is doing worse than 63.08% of the companies in the same industry.
In the last couple of years the Profit Margin of PKOH has declined.
PKOH has a Operating Margin of 4.98%. This is in the lower half of the industry: PKOH underperforms 63.85% of its industry peers.
In the last couple of years the Operating Margin of PKOH has remained more or less at the same level.
PKOH has a worse Gross Margin (16.95%) than 78.46% of its industry peers.
PKOH's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 4.98% | ||
| PM (TTM) | 1.73% | ||
| GM | 16.95% |
OM growth 3Y46.11%
OM growth 5Y-0.08%
PM growth 3YN/A
PM growth 5Y-4.25%
GM growth 3Y6.84%
GM growth 5Y0.78%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), PKOH is destroying value.
PKOH has more shares outstanding than it did 1 year ago.
The number of shares outstanding for PKOH has been increased compared to 5 years ago.
PKOH has a better debt/assets ratio than last year.
2.2 Solvency
PKOH has an Altman-Z score of 2.21. This is not the best score and indicates that PKOH is in the grey zone with still only limited risk for bankruptcy at the moment.
PKOH has a Altman-Z score of 2.21. This is in the lower half of the industry: PKOH underperforms 60.77% of its industry peers.
PKOH has a Debt/Equity ratio of 1.77. This is a high value indicating a heavy dependency on external financing.
With a Debt to Equity ratio value of 1.77, PKOH is not doing good in the industry: 86.92% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.77 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 2.21 |
ROIC/WACC0.68
WACC9.12%
2.3 Liquidity
PKOH has a Current Ratio of 2.60. This indicates that PKOH is financially healthy and has no problem in meeting its short term obligations.
Looking at the Current ratio, with a value of 2.60, PKOH is in the better half of the industry, outperforming 68.46% of the companies in the same industry.
A Quick Ratio of 1.33 indicates that PKOH should not have too much problems paying its short term obligations.
PKOH's Quick ratio of 1.33 is in line compared to the rest of the industry. PKOH outperforms 53.85% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.6 | ||
| Quick Ratio | 1.33 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an nice 17.21% over the past year.
PKOH shows a decrease in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -0.71% yearly.
Looking at the last year, PKOH shows a decrease in Revenue. The Revenue has decreased by -0.21% in the last year.
The Revenue has been growing slightly by 0.46% on average over the past years.
EPS 1Y (TTM)17.21%
EPS 3YN/A
EPS 5Y-0.71%
EPS Q2Q%0%
Revenue 1Y (TTM)-0.21%
Revenue growth 3Y9.05%
Revenue growth 5Y0.46%
Sales Q2Q%0%
3.2 Future
PKOH is expected to show a decrease in Earnings Per Share. In the coming years, the EPS will decrease by -5.81% yearly.
Based on estimates for the next years, PKOH will show a small growth in Revenue. The Revenue will grow by 6.77% on average per year.
EPS Next Y-14.81%
EPS Next 2Y-5.81%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year-2.75%
Revenue Next 2Y0.12%
Revenue Next 3Y7.62%
Revenue Next 5Y6.77%
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 5.35, the valuation of PKOH can be described as very cheap.
Based on the Price/Earnings ratio, PKOH is valued cheaper than 99.23% of the companies in the same industry.
PKOH is valuated cheaply when we compare the Price/Earnings ratio to 25.83, which is the current average of the S&P500 Index.
PKOH is valuated cheaply with a Price/Forward Earnings ratio of 6.04.
PKOH's Price/Forward Earnings ratio is rather cheap when compared to the industry. PKOH is cheaper than 98.46% of the companies in the same industry.
When comparing the Price/Forward Earnings ratio of PKOH to the average of the S&P500 Index (32.68), we can say PKOH is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 5.35 | ||
| Fwd PE | 6.04 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of PKOH indicates a rather cheap valuation: PKOH is cheaper than 87.69% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 7.89 |
4.3 Compensation for Growth
PKOH's earnings are expected to decrease with -5.81% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-5.81%
EPS Next 3YN/A
5. Dividend
5.1 Amount
PKOH has a Yearly Dividend Yield of 2.37%.
Compared to an average industry Dividend Yield of 1.83, PKOH pays a better dividend. On top of this PKOH pays more dividend than 86.92% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 2.37, PKOH has a dividend comparable with the average S&P500 company.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.37% |
5.2 History
The dividend of PKOH decreases each year by -0.96%.
PKOH has been paying a dividend for at least 10 years, so it has a reliable track record.
PKOH has not decreased its dividend in the last 3 years.
Dividend Growth(5Y)-0.96%
Div Incr Years0
Div Non Decr Years4
5.3 Sustainability
26.98% of the earnings are spent on dividend by PKOH. This is a low number and sustainable payout ratio.
The Dividend Rate of PKOH has been decling, while earnings will also be declining. This means the current dividend is most likely not sustainable.
DP26.98%
EPS Next 2Y-5.81%
EPS Next 3YN/A
19.33
+0.14 (+0.73%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryMachinery
Earnings (Last)
Earnings (Next)
Inst Owners52.91%
Inst Owner Change-0.23%
Ins Owners26.03%
Ins Owner Change3.08%
Market Cap278.35M
Revenue(TTM)1.66B
Net Income(TTM)27.80M
Analysts43.33
Price TargetN/A
Short Float %1.18%
Short Ratio4.06
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.37% |
Yearly Dividend0.53
Dividend Growth(5Y)-0.96%
DP26.98%
Div Incr Years0
Div Non Decr Years4
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-9.83%
Min EPS beat(2)-22.51%
Max EPS beat(2)2.84%
EPS beat(4)3
Avg EPS beat(4)1.04%
Min EPS beat(4)-22.51%
Max EPS beat(4)17.87%
EPS beat(8)6
Avg EPS beat(8)4.09%
EPS beat(12)9
Avg EPS beat(12)-2.97%
EPS beat(16)10
Avg EPS beat(16)-52.54%
Revenue beat(2)0
Avg Revenue beat(2)-4.89%
Min Revenue beat(2)-6.54%
Max Revenue beat(2)-3.24%
Revenue beat(4)0
Avg Revenue beat(4)-5.66%
Min Revenue beat(4)-6.68%
Max Revenue beat(4)-3.24%
Revenue beat(8)1
Avg Revenue beat(8)-4.33%
Revenue beat(12)3
Avg Revenue beat(12)-4.42%
Revenue beat(16)4
Avg Revenue beat(16)-7.32%
PT rev (1m)0%
PT rev (3m)0%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-6.21%
EPS NY rev (1m)0%
EPS NY rev (3m)-6.94%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-0.69%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-1.54%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 5.35 | ||
| Fwd PE | 6.04 | ||
| P/S | 0.17 | ||
| P/FCF | N/A | ||
| P/OCF | 27.02 | ||
| P/B | 0.75 | ||
| P/tB | 1.53 | ||
| EV/EBITDA | 7.89 |
EPS(TTM)3.61
EY18.68%
EPS(NY)3.2
Fwd EY16.57%
FCF(TTM)-1.72
FCFYN/A
OCF(TTM)0.72
OCFY3.7%
SpS111.91
BVpS25.77
TBVpS12.67
PEG (NY)N/A
PEG (5Y)N/A
Graham Number45.75
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.96% | ||
| ROE | 7.49% | ||
| ROCE | 7.39% | ||
| ROIC | 6.22% | ||
| ROICexc | 6.5% | ||
| ROICexgc | 7.94% | ||
| OM | 4.98% | ||
| PM (TTM) | 1.73% | ||
| GM | 16.95% | ||
| FCFM | N/A |
ROA(3y)0.64%
ROA(5y)-0.05%
ROE(3y)2.29%
ROE(5y)-0.47%
ROIC(3y)6.45%
ROIC(5y)4.66%
ROICexc(3y)6.82%
ROICexc(5y)4.93%
ROICexgc(3y)8.5%
ROICexgc(5y)6.15%
ROCE(3y)7.65%
ROCE(5y)5.53%
ROICexgc growth 3Y59.47%
ROICexgc growth 5Y-0.06%
ROICexc growth 3Y59.67%
ROICexc growth 5Y0.35%
OM growth 3Y46.11%
OM growth 5Y-0.08%
PM growth 3YN/A
PM growth 5Y-4.25%
GM growth 3Y6.84%
GM growth 5Y0.78%
F-Score6
Asset Turnover1.13
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.77 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 5.78 | ||
| Cap/Depr | 105.09% | ||
| Cap/Sales | 2.18% | ||
| Interest Coverage | 1.74 | ||
| Cash Conversion | 9.07% | ||
| Profit Quality | N/A | ||
| Current Ratio | 2.6 | ||
| Quick Ratio | 1.33 | ||
| Altman-Z | 2.21 |
F-Score6
WACC9.12%
ROIC/WACC0.68
Cap/Depr(3y)90.49%
Cap/Depr(5y)83.17%
Cap/Sales(3y)1.8%
Cap/Sales(5y)1.78%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)17.21%
EPS 3YN/A
EPS 5Y-0.71%
EPS Q2Q%0%
EPS Next Y-14.81%
EPS Next 2Y-5.81%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)-0.21%
Revenue growth 3Y9.05%
Revenue growth 5Y0.46%
Sales Q2Q%0%
Revenue Next Year-2.75%
Revenue Next 2Y0.12%
Revenue Next 3Y7.62%
Revenue Next 5Y6.77%
EBIT growth 1Y-15.4%
EBIT growth 3Y59.34%
EBIT growth 5Y0.39%
EBIT Next Year46.02%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-36.26%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y9.57%
OCF growth 3YN/A
OCF growth 5Y-14.1%
PARK-OHIO HOLDINGS CORP / PKOH FAQ
What is the fundamental rating for PKOH stock?
ChartMill assigns a fundamental rating of 3 / 10 to PKOH.
What is the valuation status for PKOH stock?
ChartMill assigns a valuation rating of 6 / 10 to PARK-OHIO HOLDINGS CORP (PKOH). This can be considered as Fairly Valued.
What is the profitability of PKOH stock?
PARK-OHIO HOLDINGS CORP (PKOH) has a profitability rating of 2 / 10.
What are the PE and PB ratios of PARK-OHIO HOLDINGS CORP (PKOH) stock?
The Price/Earnings (PE) ratio for PARK-OHIO HOLDINGS CORP (PKOH) is 5.35 and the Price/Book (PB) ratio is 0.75.
Can you provide the dividend sustainability for PKOH stock?
The dividend rating of PARK-OHIO HOLDINGS CORP (PKOH) is 5 / 10 and the dividend payout ratio is 26.98%.