Hyster-Yale, Inc.

DB:HYEA Stock Report

Market Cap: €953.8m

Hyster-Yale Valuation

Is HYEA undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

5/6

Valuation Score 5/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of HYEA when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: HYEA (€52) is trading below our estimate of fair value (€160.49)

Significantly Below Fair Value: HYEA is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for HYEA?

Key metric: As HYEA is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for HYEA. This is calculated by dividing HYEA's market cap by their current earnings.
What is HYEA's PE Ratio?
PE Ratio6.3x
EarningsUS$157.20m
Market CapUS$993.19m

Price to Earnings Ratio vs Peers

How does HYEA's PE Ratio compare to its peers?

The above table shows the PE ratio for HYEA vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average11.8x
STM Stabilus
11.4x16.6%€822.5m
MBH3 Maschinenfabrik Berthold Hermle
10.1xn/a€837.5m
KSB KSB SE KGaA
7.4x7.7%€1.1b
DUE Dürr
18.1x28.4%€1.5b
HYEA Hyster-Yale
6.3x-7.8%€993.2m

Price-To-Earnings vs Peers: HYEA is good value based on its Price-To-Earnings Ratio (6.3x) compared to the peer average (11.7x).

Price to Earnings Ratio vs Industry

How does HYEA's PE Ratio compare vs other companies in the DE Machinery Industry?

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
No more companies available in this PE range
HYEA 6.3xIndustry Avg. 14.7xNo. of Companies6PE01020304050+
0 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: HYEA is good value based on its Price-To-Earnings Ratio (6.3x) compared to the German Machinery industry average (14.7x).

Price to Earnings Ratio vs Fair Ratio

What is HYEA's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

HYEA PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio6.3x
Fair PE Ratio9.7x

Price-To-Earnings vs Fair Ratio: HYEA is good value based on its Price-To-Earnings Ratio (6.3x) compared to the estimated Fair Price-To-Earnings Ratio (9.7x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst HYEA forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current€52.00
€67.54
+29.9%
3.4%€69.87€65.21n/a2
Nov ’25€57.50
€71.13
+23.7%
5.7%€75.15€67.10n/a2
Oct ’25€56.50
€71.13
+25.9%
5.7%€75.15€67.10n/a2
Sep ’25€55.00
€71.53
+30.0%
5.7%€75.57€67.48n/a2
Aug ’25€74.50
€81.38
+9.2%
1.7%€82.76€80.01n/a2
Jul ’25€64.00
€81.38
+27.2%
1.7%€82.76€80.01n/a2
Jun ’25€67.50
€82.15
+21.7%
1.7%€83.54€80.75n/a2
May ’25€55.50
€80.03
+44.2%
1.7%€81.42€78.64n/a2
Apr ’25€57.00
€80.03
+40.4%
1.7%€81.42€78.64n/a2
Mar ’25€53.50
€80.03
+49.6%
1.7%€81.42€78.64n/a2
Feb ’25€60.00
€76.15
+26.9%
3.0%€78.46€73.84n/a2
Jan ’25€55.50
€76.15
+37.2%
3.0%€78.46€73.84n/a2
Jun ’24€42.60
€63.10
+48.1%
15.1%€72.63€53.57€67.502
May ’24€46.80
€55.81
+19.2%
26.1%€70.34€41.27€55.502
Apr ’24€44.40
€55.81
+25.7%
26.1%€70.34€41.27€57.002
Mar ’24€39.20
€55.81
+42.4%
26.1%€70.34€41.27€53.502
Feb ’24€30.00
€57.20
+90.7%
35.1%€77.30€37.10€60.002
Jan ’24€23.60
€57.20
+142.4%
35.1%€77.30€37.10€55.502
Dec ’23€27.80
€57.20
+105.7%
35.1%€77.30€37.10€42.802
Nov ’23€29.60
€57.20
+93.2%
35.1%€77.30€37.10€39.402

Analyst Forecast: Target price is more than 20% higher than the current share price, but there are not enough analysts covering the stock to determine statistical confidence in agreement.

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