SHYFT GROUP INC/THE (SHYF) Stock Fundamental Analysis
NASDAQ:SHYF - Nasdaq - US8256981031 - Common Stock - Currency: USD
SHYF gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 128 industry peers in the Machinery industry. SHYF may be in some trouble as it scores bad on both profitability and health. SHYF has a correct valuation and a medium growth rate.
1. Profitability
1.1 Basic Checks
SHYF had positive earnings in the past year.
In the past year SHYF had a positive cash flow from operations.
Of the past 5 years SHYF 4 years were profitable.
SHYF had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
With a Return On Assets value of 0.08%, SHYF is not doing good in the industry: 67.19% of the companies in the same industry are doing better.
SHYF's Return On Equity of 0.18% is on the low side compared to the rest of the industry. SHYF is outperformed by 66.41% of its industry peers.
The Return On Invested Capital of SHYF (1.40%) is worse than 71.88% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for SHYF is significantly below the industry average of 10.71%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.08% | ||
| ROE | 0.18% | ||
| ROIC | 1.4% |
ROA(3y)2.35%
ROA(5y)6.31%
ROE(3y)5.03%
ROE(5y)11.46%
ROIC(3y)3.86%
ROIC(5y)9.27%
1.3 Margins
The Profit Margin of SHYF (0.06%) is worse than 66.41% of its industry peers.
SHYF has a worse Operating Margin (0.98%) than 73.44% of its industry peers.
SHYF's Operating Margin has declined in the last couple of years.
SHYF has a worse Gross Margin (20.61%) than 71.88% of its industry peers.
In the last couple of years the Gross Margin of SHYF has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 0.98% | ||
| PM (TTM) | 0.06% | ||
| GM | 20.61% |
OM growth 3Y-60.5%
OM growth 5Y-39.23%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-0.17%
GM growth 5Y5.27%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), SHYF is destroying value.
SHYF has more shares outstanding than it did 1 year ago.
SHYF has less shares outstanding than it did 5 years ago.
SHYF has a worse debt/assets ratio than last year.
2.2 Solvency
SHYF has an Altman-Z score of 2.82. This is not the best score and indicates that SHYF is in the grey zone with still only limited risk for bankruptcy at the moment.
The Altman-Z score of SHYF (2.82) is comparable to the rest of the industry.
SHYF has a debt to FCF ratio of 9.12. This is a negative value and a sign of low solvency as SHYF would need 9.12 years to pay back of all of its debts.
With a Debt to FCF ratio value of 9.12, SHYF is not doing good in the industry: 60.16% of the companies in the same industry are doing better.
SHYF has a Debt/Equity ratio of 0.61. This is a neutral value indicating SHYF is somewhat dependend on debt financing.
With a Debt to Equity ratio value of 0.61, SHYF is not doing good in the industry: 62.50% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.61 | ||
| Debt/FCF | 9.12 | ||
| Altman-Z | 2.82 |
ROIC/WACC0.14
WACC9.97%
2.3 Liquidity
SHYF has a Current Ratio of 1.72. This is a normal value and indicates that SHYF is financially healthy and should not expect problems in meeting its short term obligations.
SHYF has a worse Current ratio (1.72) than 63.28% of its industry peers.
SHYF has a Quick Ratio of 1.15. This is a normal value and indicates that SHYF is financially healthy and should not expect problems in meeting its short term obligations.
The Quick ratio of SHYF (1.15) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.72 | ||
| Quick Ratio | 1.15 |
3. Growth
3.1 Past
SHYF shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 51.35%, which is quite impressive.
Measured over the past years, SHYF shows a very negative growth in Earnings Per Share. The EPS has been decreasing by -14.93% on average per year.
Looking at the last year, SHYF shows a decrease in Revenue. The Revenue has decreased by -4.08% in the last year.
SHYF shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 0.77% yearly.
EPS 1Y (TTM)51.35%
EPS 3Y-39.97%
EPS 5Y-14.93%
EPS Q2Q%275%
Revenue 1Y (TTM)-4.08%
Revenue growth 3Y-7.45%
Revenue growth 5Y0.77%
Sales Q2Q%3.39%
3.2 Future
The Earnings Per Share is expected to grow by 61.10% on average over the next years. This is a very strong growth
SHYF is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 10.16% yearly.
EPS Next Y65.47%
EPS Next 2Y61.1%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year10.53%
Revenue Next 2Y10.16%
Revenue Next 3YN/A
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 accelerating.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 22.39 indicates a rather expensive valuation of SHYF.
The rest of the industry has a similar Price/Earnings ratio as SHYF.
The average S&P500 Price/Earnings ratio is at 27.29. SHYF is around the same levels.
With a Price/Forward Earnings ratio of 10.74, the valuation of SHYF can be described as very reasonable.
Based on the Price/Forward Earnings ratio, SHYF is valued cheaply inside the industry as 89.84% of the companies are valued more expensively.
Compared to an average S&P500 Price/Forward Earnings ratio of 21.74, SHYF is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 22.39 | ||
| Fwd PE | 10.74 |
4.2 Price Multiples
60.16% of the companies in the same industry are cheaper than SHYF, based on the Enterprise Value to EBITDA ratio.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of SHYF is on the same level as its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 26.5 | ||
| EV/EBITDA | 18.33 |
4.3 Compensation for Growth
The 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 SHYF's earnings are expected to grow with 61.10% in the coming years.
PEG (NY)0.34
PEG (5Y)N/A
EPS Next 2Y61.1%
EPS Next 3YN/A
5. Dividend
5.1 Amount
SHYF has a Yearly Dividend Yield of 1.59%. Purely for dividend investing, there may be better candidates out there.
Compared to an average industry Dividend Yield of 1.81, SHYF pays a bit more dividend than its industry peers.
SHYF's Dividend Yield is slightly below the S&P500 average, which is at 2.37.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.59% |
5.2 History
The dividend of SHYF is nicely growing with an annual growth rate of 14.80%!
SHYF has been paying a dividend for at least 10 years, so it has a reliable track record.
SHYF has not decreased their dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)14.8%
Div Incr Years0
Div Non Decr Years16
5.3 Sustainability
SHYF pays out 1599.77% of its income as dividend. This is not a sustainable payout ratio.
The dividend of SHYF is growing, but earnings are growing more, so the dividend growth is sustainable.
DP1599.77%
EPS Next 2Y61.1%
EPS Next 3YN/A
12.54
-0.1 (-0.79%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryMachinery
Earnings (Last)
Earnings (Next)
Inst Owners86.11%
Inst Owner Change-0.15%
Ins Owners2.63%
Ins Owner Change4.75%
Market Cap439.03M
Analysts77.78
Price Target15.81 (26.08%)
Short Float %2.92%
Short Ratio3.65
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.59% |
Yearly Dividend0.2
Dividend Growth(5Y)14.8%
DP1599.77%
Div Incr Years0
Div Non Decr Years16
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)88.64%
Min EPS beat(2)5.8%
Max EPS beat(2)171.49%
EPS beat(4)3
Avg EPS beat(4)60.4%
Min EPS beat(4)-3.74%
Max EPS beat(4)171.49%
EPS beat(8)7
Avg EPS beat(8)61.81%
EPS beat(12)11
Avg EPS beat(12)65.17%
EPS beat(16)14
Avg EPS beat(16)51.85%
Revenue beat(2)1
Avg Revenue beat(2)-2.86%
Min Revenue beat(2)-6.54%
Max Revenue beat(2)0.81%
Revenue beat(4)1
Avg Revenue beat(4)-5.09%
Min Revenue beat(4)-8.44%
Max Revenue beat(4)0.81%
Revenue beat(8)3
Avg Revenue beat(8)-3.82%
Revenue beat(12)5
Avg Revenue beat(12)-2.48%
Revenue beat(16)9
Avg Revenue beat(16)0.15%
PT rev (1m)0%
PT rev (3m)0%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-46.69%
EPS NY rev (1m)0%
EPS NY rev (3m)-6.41%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-8.81%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.76%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 22.39 | ||
| Fwd PE | 10.74 | ||
| P/S | 0.55 | ||
| P/FCF | 26.5 | ||
| P/OCF | 14.89 | ||
| P/B | 1.78 | ||
| P/tB | 3.49 | ||
| EV/EBITDA | 18.33 |
EPS(TTM)0.56
EY4.47%
EPS(NY)1.17
Fwd EY9.31%
FCF(TTM)0.47
FCFY3.77%
OCF(TTM)0.84
OCFY6.72%
SpS22.65
BVpS7.06
TBVpS3.59
PEG (NY)0.34
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.08% | ||
| ROE | 0.18% | ||
| ROCE | 1.95% | ||
| ROIC | 1.4% | ||
| ROICexc | 1.45% | ||
| ROICexgc | 2.04% | ||
| OM | 0.98% | ||
| PM (TTM) | 0.06% | ||
| GM | 20.61% | ||
| FCFM | 2.09% |
ROA(3y)2.35%
ROA(5y)6.31%
ROE(3y)5.03%
ROE(5y)11.46%
ROIC(3y)3.86%
ROIC(5y)9.27%
ROICexc(3y)3.97%
ROICexc(5y)10.12%
ROICexgc(3y)5.34%
ROICexgc(5y)15.78%
ROCE(3y)5.18%
ROCE(5y)12.17%
ROICexcg growth 3Y-68.46%
ROICexcg growth 5Y-43.9%
ROICexc growth 3Y-67.57%
ROICexc growth 5Y-43.14%
OM growth 3Y-60.5%
OM growth 5Y-39.23%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-0.17%
GM growth 5Y5.27%
F-Score6
Asset Turnover1.36
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.61 | ||
| Debt/FCF | 9.12 | ||
| Debt/EBITDA | 5.18 | ||
| Cap/Depr | 60.63% | ||
| Cap/Sales | 1.63% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 101.34% | ||
| Profit Quality | 3782.65% | ||
| Current Ratio | 1.72 | ||
| Quick Ratio | 1.15 | ||
| Altman-Z | 2.82 |
F-Score6
WACC9.97%
ROIC/WACC0.14
Cap/Depr(3y)109.65%
Cap/Depr(5y)126.76%
Cap/Sales(3y)2.04%
Cap/Sales(5y)2.12%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)51.35%
EPS 3Y-39.97%
EPS 5Y-14.93%
EPS Q2Q%275%
EPS Next Y65.47%
EPS Next 2Y61.1%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)-4.08%
Revenue growth 3Y-7.45%
Revenue growth 5Y0.77%
Sales Q2Q%3.39%
Revenue Next Year10.53%
Revenue Next 2Y10.16%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y595.8%
EBIT growth 3Y-63.45%
EBIT growth 5Y-38.76%
EBIT Next Year385.98%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y453.26%
FCF growth 3Y-31.5%
FCF growth 5Y-7.45%
OCF growth 1Y98.88%
OCF growth 3Y-25.95%
OCF growth 5Y-2.54%