SHYFT GROUP INC/THE (SHYF) Stock Fundamental Analysis
USA - NASDAQ:SHYF - US8256981031 - Common Stock
12.54 USD
-0.1 (-0.79%)
12.54 USD
0 (0%)
Taking everything into account, SHYF scores 4 out of 10 in our fundamental rating. SHYF was compared to 128 industry peers in the Machinery industry. Both the profitability and financial health of SHYF have multiple concerns. SHYF is not valued too expensively and it also shows a decent 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.
SHYF had positive earnings in 4 of the past 5 years.
Of the past 5 years SHYF 4 years had a positive operating cash flow.
1.2 Ratios
SHYF has a worse Return On Assets (0.08%) than 67.19% of its industry peers.
With a Return On Equity value of 0.18%, SHYF is not doing good in the industry: 66.41% of the companies in the same industry are doing better.
SHYF has a worse Return On Invested Capital (1.40%) than 71.88% of its industry peers.
The Average Return On Invested Capital over the past 3 years for SHYF is significantly below the industry average of 10.02%.
| 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
SHYF's Profit Margin of 0.06% is on the low side compared to the rest of the industry. SHYF is outperformed by 66.41% of its industry peers.
The Operating Margin of SHYF (0.98%) is worse than 73.44% of its industry peers.
In the last couple of years the Operating Margin of SHYF has declined.
SHYF has a worse Gross Margin (20.61%) than 71.88% of its industry peers.
SHYF's Gross Margin has improved in the last couple of years.
| 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
SHYF has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
SHYF has more shares outstanding than it did 1 year ago.
The number of shares outstanding for SHYF has been reduced compared to 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.
With a Altman-Z score value of 2.82, SHYF perfoms like the industry average, outperforming 46.09% of the companies in the same industry.
The Debt to FCF ratio of SHYF is 9.12, which is on the high side as it means it would take SHYF, 9.12 years of fcf income to pay off all of its debts.
SHYF's Debt to FCF ratio of 9.12 is on the low side compared to the rest of the industry. SHYF is outperformed by 60.16% of its industry peers.
SHYF has a Debt/Equity ratio of 0.61. This is a neutral value indicating SHYF is somewhat dependend on debt financing.
The Debt to Equity ratio of SHYF (0.61) is worse than 62.50% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.61 | ||
| Debt/FCF | 9.12 | ||
| Altman-Z | 2.82 |
ROIC/WACC0.14
WACC10.04%
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.
The Current ratio of SHYF (1.72) is worse 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.
SHYF has a Quick ratio (1.15) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.72 | ||
| Quick Ratio | 1.15 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 51.35% over the past year.
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.
The Revenue has decreased by -4.08% in the past year.
Measured over the past years, SHYF shows a small growth in Revenue. The Revenue has been growing by 0.77% on average per year.
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
The Revenue is expected to grow by 10.16% on average over the next years. This is quite good.
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
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
SHYF is valuated rather expensively with a Price/Earnings ratio of 22.39.
Compared to the rest of the industry, the Price/Earnings ratio of SHYF is on the same level as its industry peers.
SHYF is valuated at similar levels of the S&P average when we compare the Price/Earnings ratio to 27.20, which is the current average of the S&P500 Index.
The Price/Forward Earnings ratio is 10.74, which indicates a very decent valuation of SHYF.
Compared to the rest of the industry, the Price/Forward Earnings ratio of SHYF indicates a rather cheap valuation: SHYF is cheaper than 89.06% of the companies listed in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 22.70. SHYF is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 22.39 | ||
| Fwd PE | 10.74 |
4.2 Price Multiples
The rest of the industry has a similar Enterprise Value to EBITDA ratio as SHYF.
SHYF's Price/Free Cash Flow ratio is in line with the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 26.5 | ||
| EV/EBITDA | 18.33 |
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.
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%.
SHYF's Dividend Yield is a higher than the industry average which is at 1.74.
SHYF's Dividend Yield is slightly below the S&P500 average, which is at 2.38.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.59% |
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 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
1599.77% of the earnings are spent on dividend by SHYF. This is not a sustainable payout ratio.
SHYF's earnings are growing more than its dividend. This makes the dividend growth 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 Change1.62%
Ins Owners2.63%
Ins Owner Change4.66%
Market Cap439.03M
Analysts77.78
Price Target15.81 (26.08%)
Short Float %N/A
Short RatioN/A
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
WACC10.04%
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%