Cargotec
Market Cap
€3.0b
Last Updated
2021/05/09 20:36 UTC
Data Sources
Company Financials +
Executive Summary
Cargotec Corporation provides cargo and load handling solutions worldwide. More Details
Rewards
Risk Analysis
Snowflake Analysis
Adequate balance sheet and fair value.
Similar Companies
Share Price & News
How has Cargotec's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: CGCBV is not significantly more volatile than the rest of Finnish stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: CGCBV's weekly volatility (4%) has been stable over the past year.
Market Performance
7 Day Return
-2.0%
CGCBV
2.2%
FI Machinery
2.2%
FI Market
1 Year Return
136.1%
CGCBV
27.6%
FI Machinery
36.5%
FI Market
Return vs Industry: CGCBV exceeded the Finnish Machinery industry which returned 27.7% over the past year.
Return vs Market: CGCBV exceeded the Finnish Market which returned 36.4% over the past year.
Shareholder returns
| CGCBV | Industry | Market | |
|---|---|---|---|
| 7 Day | -2.0% | 2.2% | 2.2% |
| 30 Day | 3.5% | 0.2% | 4.6% |
| 90 Day | 10.7% | 8.5% | 5.7% |
| 1 Year | 154.4%136.1% | 41.9%27.6% | 46.0%36.5% |
| 3 Year | 17.6%4.0% | 46.9%22.0% | 35.9%13.4% |
| 5 Year | 69.3%45.1% | 90.7%50.9% | 96.4%55.3% |
Long-Term Price Volatility Vs. Market
How volatile is Cargotec's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall St
Cargotec (HEL:CGCBV) Has Gifted Shareholders With A Fantastic 184% Total Return On Their Investment4 weeks ago | Simply Wall St
What Kind Of Investors Own Most Of Cargotec Corporation (HEL:CGCBV)?1 month ago | Simply Wall St
Calculating The Intrinsic Value Of Cargotec Corporation (HEL:CGCBV)Valuation
Is Cargotec undervalued compared to its fair value and its price relative to the market?
21.2%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: CGCBV (€47.26) is trading below our estimate of fair value (€59.95)
Significantly Below Fair Value: CGCBV is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: CGCBV is poor value based on its PE Ratio (484.4x) compared to the FI Machinery industry average (36.7x).
PE vs Market: CGCBV is poor value based on its PE Ratio (484.4x) compared to the Finnish market (26.1x).
Price to Earnings Growth Ratio
PEG Ratio: CGCBV is poor value based on its PEG Ratio (38x)
Price to Book Ratio
PB vs Industry: CGCBV is good value based on its PB Ratio (2.4x) compared to the FI Machinery industry average (2.9x).
Future Growth
How is Cargotec forecast to perform in the next 1 to 3 years based on estimates from 8 analysts?
12.7%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: CGCBV's forecast earnings growth (12.7% per year) is above the savings rate (0.2%).
Earnings vs Market: CGCBV's earnings (12.7% per year) are forecast to grow faster than the Finnish market (12.2% per year).
High Growth Earnings: CGCBV's earnings are forecast to grow, but not significantly.
Revenue vs Market: CGCBV's revenue (7.5% per year) is forecast to grow faster than the Finnish market (3.5% per year).
High Growth Revenue: CGCBV's revenue (7.5% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: CGCBV's Return on Equity is forecast to be low in 3 years time (14.5%).
Past Performance
How has Cargotec performed over the past 5 years?
-28.1%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: CGCBV has a large one-off loss of €137.3M impacting its March 31 2021 financial results.
Growing Profit Margin: CGCBV's current net profit margins (0.2%) are lower than last year (1.9%).
Past Earnings Growth Analysis
Earnings Trend: CGCBV's earnings have declined by 28.1% per year over the past 5 years.
Accelerating Growth: CGCBV's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: CGCBV had negative earnings growth (-91%) over the past year, making it difficult to compare to the Machinery industry average (-6.9%).
Return on Equity
High ROE: CGCBV's Return on Equity (0.5%) is considered low.
Financial Health
How is Cargotec's financial position?
Financial Position Analysis
Short Term Liabilities: CGCBV's short term assets (€2.1B) exceed its short term liabilities (€1.6B).
Long Term Liabilities: CGCBV's short term assets (€2.1B) exceed its long term liabilities (€986.2M).
Debt to Equity History and Analysis
Debt Level: CGCBV's debt to equity ratio (76.6%) is considered high.
Reducing Debt: CGCBV's debt to equity ratio has increased from 59.6% to 76.6% over the past 5 years.
Debt Coverage: CGCBV's debt is well covered by operating cash flow (26.6%).
Interest Coverage: CGCBV's interest payments on its debt are well covered by EBIT (8.1x coverage).
Balance Sheet
Dividend
What is Cargotec current dividend yield, its reliability and sustainability?
2.28%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: CGCBV's dividend (2.29%) is higher than the bottom 25% of dividend payers in the Finnish market (1.71%).
High Dividend: CGCBV's dividend (2.29%) is low compared to the top 25% of dividend payers in the Finnish market (3.64%).
Stability and Growth of Payments
Stable Dividend: CGCBV's dividend payments have been volatile in the past 10 years.
Growing Dividend: CGCBV's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its high payout ratio (1107%), CGCBV's dividend payments are not well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: CGCBV's dividends in 3 years are forecast to be well covered by earnings (29.3% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
4.6yrs
Average management tenure
CEO
Mika Vehvilainen (59 yo)
8.17yrs
Tenure
€1,637,695
Compensation
Mr. Mika Vehvilainen, M.Sc (Econ and BA), HSE, has been Chief Executive Officer and President of Cargotec Czech Republic s.r.o (formerly known as Cargotec Corporation) since March 5, 2016 and March 1, 2013...
CEO Compensation Analysis
Compensation vs Market: Mika's total compensation ($USD1.99M) is about average for companies of similar size in the Finnish market ($USD1.66M).
Compensation vs Earnings: Mika's compensation has been consistent with company performance over the past year.
Leadership Team
Experienced Management: CGCBV's management team is considered experienced (4.6 years average tenure).
Board Members
Experienced Board: CGCBV's board of directors are considered experienced (5.2 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Cargotec Corporation's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Cargotec Corporation
- Ticker: CGCBV
- Exchange: HLSE
- Founded: 2005
- Industry: Industrial Machinery
- Sector: Capital Goods
- Market Cap: €3.047b
- Shares outstanding: 64.48m
- Website: https://www.cargotec.com
Number of Employees
Location
- Cargotec Corporation
- Porkkalankatu 5
- P.O. Box, 00501
- Helsinki
- Uusimaa
- 180
- Finland
Listings
Biography
Cargotec Corporation provides cargo and load handling solutions worldwide. It operates in three segments: Kalmar, Hiab, and MacGregor. The Kalmar segment offers cargo handling equipment and automated termi...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/05/09 20:36 |
| End of Day Share Price | 2021/05/07 00:00 |
| Earnings | 2021/03/31 |
| Annual Earnings | 2020/12/31 |
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.