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 is valued quite cheap, while showing a decent growth score. This is a good combination!
1. Profitability
1.1 Basic Checks
In the past year SHYF was profitable.
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
SHYF has a Return On Assets of -0.49%. This is in the lower half of the industry: SHYF underperforms 69.53% of its industry peers.
Looking at the Return On Equity, with a value of -1.13%, SHYF is doing worse than 68.75% of the companies in the same industry.
With a Return On Invested Capital value of 0.77%, SHYF is not doing good in the industry: 71.88% of the companies in the same industry are doing better.
The Average Return On Invested Capital over the past 3 years for SHYF is significantly below the industry average of 10.74%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -0.49% | ||
| ROE | -1.13% | ||
| ROIC | 0.77% |
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
SHYF has a worse Operating Margin (0.52%) than 71.88% of its industry peers.
SHYF's Operating Margin has declined in the last couple of years.
SHYF's Gross Margin of 19.99% is on the low side compared to the rest of the industry. SHYF is outperformed by 72.66% of its industry peers.
In the last couple of years the Gross Margin of SHYF has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 0.52% | ||
| PM (TTM) | N/A | ||
| GM | 19.99% |
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.
Compared to 5 years ago, SHYF has less shares outstanding
The debt/assets ratio for SHYF is higher compared to a year ago.
2.2 Solvency
An Altman-Z score of 2.49 indicates that SHYF is not a great score, but indicates only limited risk for bankruptcy at the moment.
With a Altman-Z score value of 2.49, SHYF is not doing good in the industry: 62.50% of the companies in the same industry are doing better.
SHYF has a debt to FCF ratio of 8.08. This is a slightly negative value and a sign of low solvency as SHYF would need 8.08 years to pay back of all of its debts.
SHYF's Debt to FCF ratio of 8.08 is in line compared to the rest of the industry. SHYF outperforms 43.75% of its industry peers.
A Debt/Equity ratio of 0.53 indicates that SHYF is somewhat dependend on debt financing.
SHYF's Debt to Equity ratio of 0.53 is in line compared to the rest of the industry. SHYF outperforms 42.97% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.53 | ||
| Debt/FCF | 8.08 | ||
| Altman-Z | 2.49 |
ROIC/WACC0.08
WACC10.13%
2.3 Liquidity
A Current Ratio of 1.63 indicates that SHYF should not have too much problems paying its short term obligations.
SHYF has a worse Current ratio (1.63) than 67.97% of its industry peers.
SHYF has a Quick Ratio of 1.03. 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 Quick ratio (1.03) than 64.84% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.63 | ||
| Quick Ratio | 1.03 |
3. Growth
3.1 Past
The earnings per share for SHYF have decreased strongly by -15.09% in the last year.
SHYF shows a very negative growth in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -14.93% yearly.
SHYF shows a decrease in Revenue. In the last year, the revenue decreased by -9.86%.
SHYF shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 0.77% yearly.
EPS 1Y (TTM)-15.09%
EPS 3Y-39.97%
EPS 5Y-14.93%
EPS Q2Q%600%
Revenue 1Y (TTM)-9.86%
Revenue growth 3Y-7.45%
Revenue growth 5Y0.77%
Sales Q2Q%-0.45%
3.2 Future
SHYF is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 65.54% yearly.
SHYF is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 10.02% yearly.
EPS Next Y76.8%
EPS Next 2Y65.54%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year11.38%
Revenue Next 2Y10.02%
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
With a Price/Earnings ratio of 16.22, SHYF is valued correctly.
Based on the Price/Earnings ratio, SHYF is valued a bit cheaper than the industry average as 66.41% of the companies are valued more expensively.
When comparing the Price/Earnings ratio of SHYF to the average of the S&P500 Index (28.64), we can say SHYF is valued slightly cheaper.
The Price/Forward Earnings ratio is 9.18, which indicates a very decent valuation of SHYF.
93.75% of the companies in the same industry are more expensive than SHYF, based on the Price/Forward Earnings ratio.
Compared to an average S&P500 Price/Forward Earnings ratio of 21.44, SHYF is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 16.22 | ||
| Fwd PE | 9.18 |
4.2 Price Multiples
The rest of the industry has a similar Enterprise Value to EBITDA ratio as SHYF.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of SHYF indicates a somewhat cheap valuation: SHYF is cheaper than 73.44% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 15.55 | ||
| EV/EBITDA | 13.61 |
4.3 Compensation for Growth
SHYF's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
SHYF's earnings are expected to grow with 65.54% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.21
PEG (5Y)N/A
EPS Next 2Y65.54%
EPS Next 3YN/A
5. Dividend
5.1 Amount
SHYF has a Yearly Dividend Yield of 2.71%. Purely for dividend investing, there may be better candidates out there.
The stock price of SHYF dropped by -39.82% in the last 3 months. With lower prices the dividend yield is higher, but it may be a sign investors do not trust the long term dividend.
SHYF's Dividend Yield is rather good when compared to the industry average which is at 2.12. SHYF pays more dividend than 89.84% of the companies in the same industry.
SHYF's Dividend Yield is comparable with the S&P500 average which is at 2.52.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.71% |
5.2 History
On average, the dividend of SHYF grows each year by 14.80%, which is quite nice.
SHYF has been paying a dividend for at least 10 years, so it has a reliable track record.
SHYF has not decreased its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.
Dividend Growth(5Y)14.8%
Div Incr Years0
Div Non Decr Years16
5.3 Sustainability
SHYF has negative earnings and hence a negative payout ratio. The dividend may be in danger.
The dividend of SHYF is growing, but earnings are growing more, so the dividend growth is sustainable.
DP-249.59%
EPS Next 2Y65.54%
EPS Next 3YN/A
7.3
+0.09 (+1.25%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryMachinery
Earnings (Last)
Earnings (Next)
Inst Owners86.83%
Inst Owner Change-0.03%
Ins Owners2.52%
Ins Owner Change18.18%
Market Cap254.99M
Analysts77.78
Price Target15.81 (116.58%)
Short Float %1.02%
Short Ratio1.41
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.71% |
Yearly Dividend0.2
Dividend Growth(5Y)14.8%
DP-249.59%
Div Incr Years0
Div Non Decr Years16
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)1.03%
Min EPS beat(2)-3.74%
Max EPS beat(2)5.8%
EPS beat(4)3
Avg EPS beat(4)36.85%
Min EPS beat(4)-3.74%
Max EPS beat(4)77.27%
EPS beat(8)7
Avg EPS beat(8)68.73%
EPS beat(12)11
Avg EPS beat(12)52.21%
EPS beat(16)14
Avg EPS beat(16)41.56%
Revenue beat(2)0
Avg Revenue beat(2)-7.49%
Min Revenue beat(2)-8.44%
Max Revenue beat(2)-6.54%
Revenue beat(4)1
Avg Revenue beat(4)-3.97%
Min Revenue beat(4)-8.44%
Max Revenue beat(4)5.28%
Revenue beat(8)3
Avg Revenue beat(8)-3.39%
Revenue beat(12)5
Avg Revenue beat(12)-2.04%
Revenue beat(16)9
Avg Revenue beat(16)0.14%
PT rev (1m)0%
PT rev (3m)3.33%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-180%
EPS NY rev (1m)3.36%
EPS NY rev (3m)3.36%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-6.23%
Revenue NY rev (1m)0%
Revenue NY rev (3m)1.82%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 16.22 | ||
| Fwd PE | 9.18 | ||
| P/S | 0.32 | ||
| P/FCF | 15.55 | ||
| P/OCF | 8.48 | ||
| P/B | 1.03 | ||
| P/tB | 2.04 | ||
| EV/EBITDA | 13.61 |
EPS(TTM)0.45
EY6.16%
EPS(NY)0.8
Fwd EY10.9%
FCF(TTM)0.47
FCFY6.43%
OCF(TTM)0.86
OCFY11.79%
SpS22.51
BVpS7.11
TBVpS3.58
PEG (NY)0.21
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -0.49% | ||
| ROE | -1.13% | ||
| ROCE | 1.06% | ||
| ROIC | 0.77% | ||
| ROICexc | 0.8% | ||
| ROICexgc | 1.14% | ||
| OM | 0.52% | ||
| PM (TTM) | N/A | ||
| GM | 19.99% | ||
| 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-Score5
Asset Turnover1.38
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.53 | ||
| Debt/FCF | 8.08 | ||
| Debt/EBITDA | 5.43 | ||
| Cap/Depr | 67.46% | ||
| Cap/Sales | 1.74% | ||
| Interest Coverage | 0.51 | ||
| Cash Conversion | 123.39% | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.63 | ||
| Quick Ratio | 1.03 | ||
| Altman-Z | 2.49 |
F-Score5
WACC10.13%
ROIC/WACC0.08
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)-15.09%
EPS 3Y-39.97%
EPS 5Y-14.93%
EPS Q2Q%600%
EPS Next Y76.8%
EPS Next 2Y65.54%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)-9.86%
Revenue growth 3Y-7.45%
Revenue growth 5Y0.77%
Sales Q2Q%-0.45%
Revenue Next Year11.38%
Revenue Next 2Y10.02%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y-39.15%
EBIT growth 3Y-63.45%
EBIT growth 5Y-38.76%
EBIT Next Year376.42%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-53.83%
FCF growth 3Y-31.5%
FCF growth 5Y-7.45%
OCF growth 1Y-46.56%
OCF growth 3Y-25.95%
OCF growth 5Y-2.54%