The Manitowoc Company, Inc. provides engineered lifting equipment for the construction industry in the Americas, Europe, Africa, the Middle East, and the Asia Pacific.
Undervalued with adequate balance sheet.
Share Price & News
How has Manitowoc Company's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: MNGN's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: MNGN underperformed the German Machinery industry which returned -30.9% over the past year.
Return vs Market: MNGN underperformed the German Market which returned -17.5% over the past year.
Price Volatility Vs. Market
How volatile is Manitowoc Company's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is Manitowoc Company undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: MNGN (€7.5) is trading below our estimate of fair value (€25.92)
Significantly Below Fair Value: MNGN is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: MNGN is good value based on its PE Ratio (6.5x) compared to the Machinery industry average (10.2x).
PE vs Market: MNGN is good value based on its PE Ratio (6.5x) compared to the German market (16.3x).
Price to Earnings Growth Ratio
PEG Ratio: MNGN is poor value based on its PEG Ratio (2.9x)
Price to Book Ratio
PB vs Industry: MNGN is good value based on its PB Ratio (0.5x) compared to the DE Machinery industry average (1.1x).
How is Manitowoc Company forecast to perform in the next 1 to 3 years based on estimates from 11 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: MNGN's forecast earnings growth (2.2% per year) is above the savings rate (-0.4%).
Earnings vs Market: MNGN's earnings (2.2% per year) are forecast to grow slower than the German market (14.4% per year).
High Growth Earnings: MNGN's earnings are forecast to grow, but not significantly.
Revenue vs Market: MNGN's revenue is expected to decline over the next 3 years (-2.3% per year).
High Growth Revenue: MNGN's revenue is forecast to decline over the next 3 years (-2.3% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: MNGN's Return on Equity is forecast to be low in 3 years time (7.4%).
How has Manitowoc Company performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: MNGN has high quality earnings.
Growing Profit Margin: MNGN became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: MNGN has become profitable over the past 5 years, growing earnings by 10.1% per year.
Accelerating Growth: MNGN has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: MNGN has become profitable in the last year, making it difficult to compare its past year earnings growth to the Machinery industry (-19.9%).
Return on Equity
High ROE: MNGN's Return on Equity (7.2%) is considered low.
How is Manitowoc Company's financial position?
Financial Position Analysis
Short Term Liabilities: MNGN's short term assets ($872.4M) exceed its short term liabilities ($440.9M).
Long Term Liabilities: MNGN's short term assets ($872.4M) exceed its long term liabilities ($530.9M).
Debt to Equity History and Analysis
Debt Level: MNGN's debt to equity ratio (48.3%) is considered high.
Reducing Debt: MNGN's debt to equity ratio has reduced from 185.8% to 48.3% over the past 5 years.
Inventory Level: MNGN has a high level of physical assets or inventory.
Debt Coverage by Assets: MNGN's debt is covered by short term assets (assets are 2.8x debt).
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: MNGN is profitable, therefore cash runway is not a concern.
Forecast Cash Runway: MNGN is profitable, therefore cash runway is not a concern.
What is Manitowoc Company's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate MNGN's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate MNGN's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if MNGN's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if MNGN's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: MNGN is not paying a notable dividend for the German market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of MNGN's dividend in 3 years as they are not forecast to pay a notable one for the German market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Barry Pennypacker (58yo)
Mr. Barry L. Pennypacker has been Chief Executive Officer and President of The Manitowoc Company, Inc. since March 4, 2016. Mr. Pennypacker served as the Chief Executive Officer and President of Manitowoc ...
CEO Compensation Analysis
Compensation vs Market: Barry's total compensation ($USD5.09M) is above average for companies of similar size in the German market ($USD731.58K).
Compensation vs Earnings: Barry's compensation has been consistent with company performance over the past year.
|Senior VP & CFO||3.83yrs||US$1.94m||0.14% $350.4k|
|Senior VP||2.25yrs||US$1.29m||0.0041% $10.7k|
|Executive Vice President of Cranes||4yrs||US$1.82m||0.057% $147.9k|
|Senior Vice President of Business Development||1.83yrs||US$1.65m||0.042% $108.4k|
|VP, Corporate Controller & Principal Accounting Officer||1.25yrs||no data||0.062% $161.8k|
|Senior Vice President of Human Resources & Administration||no data||no data||0.0046% $11.8k|
|Vice President of Marketing & Investor Relations||no data||no data||no data|
Experienced Management: MNGN's management team is considered experienced (3 years average tenure).
|Independent Director||4yrs||US$190.22k||0.11% $280.4k|
|Lead Director||no data||US$213.34k||0.091% $236.8k|
|Non-Executive Chairman||4.42yrs||US$290.19k||0.21% $552.6k|
|Independent Director||1.67yrs||US$100.23k||0.054% $140.5k|
|Independent Director||9.67yrs||US$190.08k||0.10% $263.0k|
|Independent Director||4yrs||US$182.69k||0.087% $224.2k|
|Independent Director||4yrs||US$180.19k||0.087% $224.2k|
|Independent Director||0.25yr||no data||no data|
Experienced Board: MNGN's board of directors are considered experienced (4 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: MNGN insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
The Manitowoc Company, Inc.'s company bio, employee growth, exchange listings and data sources
- Name: The Manitowoc Company, Inc.
- Ticker: MNGN
- Exchange: DB
- Founded: 1902
- Industry: Construction Machinery and Heavy Trucks
- Sector: Capital Goods
- Market Cap: US$285.699m
- Listing Market Cap: US$258.957m
- Shares outstanding: 35.06m
- Website: https://www.manitowoccranes.com/en
Number of Employees
- The Manitowoc Company, Inc.
- One Park Plaza
- 11270 West Park Place
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|MTW||NYSE (New York Stock Exchange)||Yes||Common Stock||US||USD||Dec 1972|
|MNGN||DB (Deutsche Boerse AG)||Yes||Common Stock||DE||EUR||Dec 1972|
The Manitowoc Company, Inc. provides engineered lifting equipment for the construction industry in the Americas, Europe, Africa, the Middle East, and the Asia Pacific. It designs, manufactures, and distributes crawler-mounted lattice-boom cranes under the Manitowoc brand; a line of top-slewing and self-erecting tower cranes under the Potain brand; mobile telescopic cranes under the Grove, Shuttlelift, and National Crane brands; and a hydraulically powered telescopic boom trucks under the National Crane brand. The company also provides crane product parts and services; and crane rebuilding, remanufacturing, and training services under the Manitowoc Crane Care brand. Its products are used in various applications, including energy production/distribution and utilities; petrochemical and industrial projects; infrastructure applications, such as road, bridge, and airport construction; and commercial and high-rise residential construction. The company was founded in 1902 and is headquartered in Milwaukee, Wisconsin.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/03/31 21:06|
|End of Day Share Price||2020/03/31 00:00|
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.