WBAG:FORD

Stock Analysis Report

Executive Summary

Ford Motor Company designs, manufactures, markets, and services a range of Ford cars, trucks, sport utility vehicles, and electrified vehicles in the United States, Canada, the United Kingdom, Germany, and internationally.


Snowflake Analysis

Moderate growth potential with mediocre balance sheet.


Similar Companies

Share Price & News

How has Ford Motor's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: FORD has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

-2.8%

FORD

-1.9%

AT Auto

-1.3%

AT Market


1 Year Return

-3.8%

FORD

-5.6%

AT Auto

3.5%

AT Market

Return vs Industry: FORD exceeded the Austrian Auto industry which returned -5.6% over the past year.

Return vs Market: FORD underperformed the Austrian Market which returned 3.5% over the past year.


Shareholder returns

FORDIndustryMarket
7 Day-2.8%-1.9%-1.3%
30 Day-10.5%-3.9%0.4%
90 Day-8.6%-9.7%-1.2%
1 Year2.5%-3.8%-0.9%-5.6%7.2%3.5%
3 Yearn/a2.0%-8.7%27.3%15.8%
5 Yearn/a-17.0%-30.2%51.3%30.3%

Price Volatility Vs. Market

How volatile is Ford Motor's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Ford Motor undervalued compared to its fair value and its price relative to the market?

666.84x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: FORD (€7.32) is trading above our estimate of fair value (€4.97)

Significantly Below Fair Value: FORD is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: FORD is poor value based on its PE Ratio (666.8x) compared to the Auto industry average (9.8x).

PE vs Market: FORD is poor value based on its PE Ratio (666.8x) compared to the Austrian market (14.1x).


Price to Earnings Growth Ratio

PEG Ratio: FORD is poor value based on its PEG Ratio (12.4x)


Price to Book Ratio

PB vs Industry: FORD is overvalued based on its PB Ratio (0.9x) compared to the XE Auto industry average (0.9x).


Next Steps

Future Growth

How is Ford Motor forecast to perform in the next 1 to 3 years based on estimates from 11 analysts?

53.9%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: FORD's forecast earnings growth (53.9% per year) is above the savings rate (-0.1%).

Earnings vs Market: FORD's earnings (53.9% per year) are forecast to grow faster than the Austrian market (2.3% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: FORD's revenue is expected to decline over the next 3 years (-3% per year).

High Growth Revenue: FORD's revenue is forecast to decline over the next 3 years (-3% per year).


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: FORD's Return on Equity is forecast to be low in 3 years time (14%).


Next Steps

Past Performance

How has Ford Motor performed over the past 5 years?

-5.2%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: FORD has a large one-off loss of $3.3B impacting its December 31 2019 financial results.

Growing Profit Margin: FORD's current net profit margins (0.03%) are lower than last year (2.3%).


Past Earnings Growth Analysis

Earnings Trend: FORD's earnings have declined by -5.2% per year over the past 5 years.

Accelerating Growth: FORD's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: FORD had negative earnings growth (-98.7%) over the past year, making it difficult to compare to the Auto industry average (2.3%).


Return on Equity

High ROE: FORD's Return on Equity (0.3%) is considered low.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Ford Motor's financial position?


Financial Position Analysis

Short Term Liabilities: FORD's short term assets ($114.0B) exceed its short term liabilities ($98.1B).

Long Term Liabilities: FORD's short term assets ($114.0B) do not cover its long term liabilities ($127.2B).


Debt to Equity History and Analysis

Debt Level: FORD's debt to equity ratio (466.8%) is considered high.

Reducing Debt: FORD's debt to equity ratio has reduced from 480.5% to 466.8% over the past 5 years.

Debt Coverage: FORD's debt is not well covered by operating cash flow (11.4%).

Interest Coverage: FORD's interest payments on its debt are well covered by EBIT (4.9x coverage).


Balance Sheet

Inventory Level: FORD has a low level of unsold assets or inventory.

Debt Coverage by Assets: FORD's debt is not covered by short term assets (assets are 0.7x debt).


Next Steps

Dividend

What is Ford Motor's current dividend yield, its reliability and sustainability?

7.60%

Current Dividend Yield


Dividend Yield vs Market

company7.6%marketbottom25%1.6%markettop25%4.6%industryaverage4.9%forecastin3Years7.4%

Current dividend yield vs market & industry

Notable Dividend: FORD's dividend (7.6%) is higher than the bottom 25% of dividend payers in the Austrian market (1.58%).

High Dividend: FORD's dividend (7.6%) is in the top 25% of dividend payers in the Austrian market (4.58%)


Stability and Growth of Payments

Stable Dividend: FORD has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: FORD's dividend payments have increased, but the company has only paid a dividend for 8 years.


Current Payout to Shareholders

Dividend Coverage: With its high payout ratio (5071%), FORD's dividend payments are not well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: FORD's dividends in 3 years are forecast to be well covered by earnings (49.5% payout ratio).


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

2.5yrs

Average management tenure


CEO

Jim Hackett (64yo)

2.8yrs

Tenure

US$17,752,835

Compensation

Mr. James Patrick Hackett, also known as Jim, has been Chief Executive Officer and President of Ford Motor Company since May 22, 2017. Mr. Hackett served as the Chief Executive Officer of Steelcase Inc. fr ...


CEO Compensation Analysis

Compensation vs Market: Jim's total compensation ($USD17.75M) is above average for companies of similar size in the Austrian market ($USD3.59M).

Compensation vs Earnings: Jim's compensation has been consistent with company performance over the past year.


Leadership Team

NamePositionTenureCompensationOwnership
William Ford
Executive Chairman21.1yrsUS$13.84m0.37% $107.9m
James Hackett
President2.8yrsUS$17.75m0.0044% $1.3m
James Farley
Chief Operating Officer0.08yrsUS$5.86m0.013% $3.6m
Joseph Hinrichs
President of Automotive0.8yrsUS$5.82m0.019% $5.5m
Edsel Ford
Consultant & Director32.1yrsUS$1.00m0.16% $47.4m
Timothy Stone
Chief Financial Officer0.7yrsno datano data
Kenneth Washington
Chief Technology Officer2.7yrsno datano data
Jeff Lemmer
VP & Chief Information Officer1.7yrsno datano data
Bradley Gayton
Chief Administrative Officer & General Counsel2.7yrsno data0.0034% $982.1k
Lynn Tyson
Executive Director of Investor Relations2.3yrsno datano data

2.5yrs

Average Tenure

57yo

Average Age

Experienced Management: FORD's management team is considered experienced (2.5 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
William Ford
Executive Chairman21.1yrsUS$13.84m0.37% $107.9m
James Hackett
President2.8yrsUS$17.75m0.0044% $1.3m
Edsel Ford
Consultant & Director32.1yrsUS$1.00m0.16% $47.4m
William Helman
Independent Director9.1yrsUS$335.71k0.0030% $855.3k
William Kennard
Independent Director5.1yrsUS$369.69kno data
Anthony Earley
Lead Independent Director0.8yrsUS$368.91k0.0013% $365.8k
John Lechleiter
Independent Director6.3yrsUS$350.62k0.0025% $725.7k
John Thornton
Independent Director24.1yrsUS$344.67k0.0050% $1.4m
Kimberly Casiano
Independent Director16.2yrsUS$349.38k0.00021% $60.5k
Stephen Butler
Independent Director16yrsUS$386.36k0.00015% $43.2k

12.5yrs

Average Tenure

64.5yo

Average Age

Experienced Board: FORD's board of directors are seasoned and experienced ( 12.5 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: FORD insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Ford Motor Company's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Ford Motor Company
  • Ticker: FORD
  • Exchange: WBAG
  • Founded: 1903
  • Industry: Automobile Manufacturers
  • Sector: Automobiles
  • Market Cap: US$31.283b
  • Listing Market Cap: US$28.799b
  • Shares outstanding: 3.96b
  • Website: https://www.ford.com

Number of Employees


Location

  • Ford Motor Company
  • One American Road
  • Dearborn
  • Michigan
  • 48126
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
FNYSE (New York Stock Exchange)YesCommon StockUSUSDJan 1968
0P4FLSE (London Stock Exchange)YesCommon StockGBUSDJan 1968
F *BMV (Bolsa Mexicana de Valores)YesCommon StockMXMXNJan 1968
FMC1DB (Deutsche Boerse AG)YesCommon StockDEEURJan 1968
FSWX (SIX Swiss Exchange)YesCommon StockCHCHFJan 1968
FMC1XTRA (XETRA Trading Platform)YesCommon StockDEEURJan 1968
FMC1ETLX (Eurotlx)YesCommon StockITEURJan 1968
FORDWBAG (Wiener Boerse AG)YesCommon StockATEURJan 1968
US_FORDKAS (Kazakhstan Stock Exchange)YesCommon StockKZKZTJan 1968
FDMO34BOVESPA (Bolsa de Valores de Sao Paulo)BDR EACH REPR 1 COM SHSBRBRLAug 2012

Biography

Ford Motor Company designs, manufactures, markets, and services a range of Ford cars, trucks, sport utility vehicles, and electrified vehicles in the United States, Canada, the United Kingdom, Germany, and internationally. It operates through three segments: Automotive, Mobility, and Ford Credit. The Automotive segment sells Ford and Lincoln vehicles, service parts, and accessories through distributors and dealers, as well as through dealerships to commercial fleet customers, daily rental car companies, and governments. The Mobility segment designs and builds mobility services; and provides self-driving systems development and vehicle integration, autonomous vehicle research and engineering, and autonomous vehicle transportation-as-a-service network development services. The Ford Credit segment primarily engages in vehicle-related financing and leasing activities to and through automotive dealers. It provides retail installment sale contracts for new and used vehicles; and direct financing leases for new vehicles to retail and commercial customers, such as leasing companies, government entities, daily rental companies, and fleet customers. This segment also offers wholesale loans to dealers to finance the purchase of vehicle inventory; and loans to dealers to finance working capital and enhance dealership facilities, purchase dealership real estate, and other dealer vehicle programs. The company was founded in 1903 and is based in Dearborn, Michigan. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/22 23:57
End of Day Share Price2020/02/21 00:00
Earnings2019/12/31
Annual Earnings2019/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.