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ARTW

Art's-Way ManufacturingNasdaqCM:ARTW Stock Report

Market Cap

US$14.9m

7D

-3.2%

1Y

46.9%

Updated

26 Sep, 2021

Data

Company Financials
ARTW fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance0/6
Financial Health2/6
Dividends0/6

ARTW Overview

Art's-Way Manufacturing Co., Inc. manufactures and sells agricultural equipment, specialized modular science buildings, and steel cutting tools in the United States and internationally.

Price History & Performance

Summary of all time highs, changes and price drops for Art's-Way Manufacturing
Historical stock prices
Current Share PriceUS$3.29
52 Week HighUS$2.22
52 Week LowUS$5.48
Beta0.39
1 Month Change-2.08%
3 Month Change-4.36%
1 Year Change46.88%
3 Year Change31.60%
5 Year Change8.94%
Change since IPO-17.75%

Recent News & Updates

May 27
Calculating The Intrinsic Value Of Art's-Way Manufacturing Co., Inc. (NASDAQ:ARTW)

Calculating The Intrinsic Value Of Art's-Way Manufacturing Co., Inc. (NASDAQ:ARTW)

Today we'll do a simple run through of a valuation method used to estimate the attractiveness of Art's-Way...

Apr 05
Art's-Way Manufacturing (NASDAQ:ARTW) Is Carrying A Fair Bit Of Debt

Art's-Way Manufacturing (NASDAQ:ARTW) Is Carrying A Fair Bit Of Debt

Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...

Shareholder Returns

ARTWUS MachineryUS Market
7D-3.2%-0.06%0.1%
1Y46.9%37.4%35.3%

Return vs Industry: ARTW exceeded the US Machinery industry which returned 37.4% over the past year.

Return vs Market: ARTW exceeded the US Market which returned 35.3% over the past year.

Price Volatility

Is ARTW's price volatile compared to industry and market?
ARTW volatility
ARTW Beta0.39
Industry Beta1.25
Market Beta1

Stable Share Price: ARTW is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 7% a week.

Volatility Over Time: ARTW's weekly volatility (7%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1956125David Kinghttps://www.artsway-mfg.com

Art's-Way Manufacturing Co., Inc. manufactures and sells agricultural equipment, specialized modular science buildings, and steel cutting tools in the United States and internationally. The company operates through three segments: Agricultural Products, Modular Buildings, and Tools. The Agricultural Products segment offers various specialized farm machinery, including portable and stationary animal feed processing equipment and related attachments; hay and forage equipment, such as forage boxes, blowers, running gears, and dump boxes; portable grinder mixers; manure spreaders; sugar beet harvesting equipment; land maintenance equipment; moldboard plows; reels for combines and swathers; silage blowers and reels; land management equipment; and after-market service parts.

Art's-Way Manufacturing Fundamentals Summary

How do Art's-Way Manufacturing's earnings and revenue compare to its market cap?
ARTW fundamental statistics
Market CapUS$14.90m
Earnings (TTM)-US$1.12m
Revenue (TTM)US$23.05m

0.6x

P/S Ratio

-13.4x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
ARTW income statement (TTM)
RevenueUS$23.05m
Cost of RevenueUS$19.86m
Gross ProfitUS$3.19m
ExpensesUS$4.31m
Earnings-US$1.12m

Last Reported Earnings

May 31, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.25
Gross Margin13.85%
Net Profit Margin-4.84%
Debt/Equity Ratio70.2%

How did ARTW perform over the long term?

See historical performance and comparison

Valuation

Is Art's-Way Manufacturing undervalued compared to its fair value and its price relative to the market?

1.53x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate ARTW's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate ARTW's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: ARTW is unprofitable, so we can't compare its PE Ratio to the US Machinery industry average.

PE vs Market: ARTW is unprofitable, so we can't compare its PE Ratio to the US market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate ARTW's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: ARTW is good value based on its PB Ratio (1.5x) compared to the US Machinery industry average (2.8x).


Future Growth

How is Art's-Way Manufacturing forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

14.0%

Forecasted Capital Goods industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Art's-Way Manufacturing has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Past Performance

How has Art's-Way Manufacturing performed over the past 5 years?

-16.2%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: ARTW is currently unprofitable.

Growing Profit Margin: ARTW is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: ARTW is unprofitable, and losses have increased over the past 5 years at a rate of 16.2% per year.

Accelerating Growth: Unable to compare ARTW's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: ARTW is unprofitable, making it difficult to compare its past year earnings growth to the Machinery industry (22.1%).


Return on Equity

High ROE: ARTW has a negative Return on Equity (-11.42%), as it is currently unprofitable.


Financial Health

How is Art's-Way Manufacturing's financial position?


Financial Position Analysis

Short Term Liabilities: ARTW's short term assets ($12.1M) exceed its short term liabilities ($8.2M).

Long Term Liabilities: ARTW's short term assets ($12.1M) exceed its long term liabilities ($2.7M).


Debt to Equity History and Analysis

Debt Level: ARTW's debt to equity ratio (70.2%) is considered high.

Reducing Debt: ARTW's debt to equity ratio has increased from 34.7% to 70.2% over the past 5 years.


Balance Sheet


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: ARTW has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: ARTW has less than a year of cash runway if free cash flow continues to reduce at historical rates of 47.3% each year


Dividend

What is Art's-Way Manufacturing current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate ARTW's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate ARTW's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if ARTW's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if ARTW's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: ARTW is not paying a notable dividend for the US market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of ARTW's dividend in 3 years as they are not forecast to pay a notable one for the US market.


Next Steps

Management

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

5.6yrs

Average board tenure


CEO

David King (49 yo)

1.17yrs

Tenure

US$807,914

Compensation

Mr. David Alan King has been President and Chief Executive Officer at Art's-Way Manufacturing Co., Inc. since July 21, 2020 and served as its Executive Vice President since March 23, 2020 until July 21, 20...


CEO Compensation Analysis

Compensation vs Market: David's total compensation ($USD807.91K) is above average for companies of similar size in the US market ($USD548.10K).

Compensation vs Earnings: Insufficient data to compare David's compensation with company performance.


Board Members

Experienced Board: ARTW's board of directors are considered experienced (5.6 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 been diluted in the past year, with total shares outstanding growing by 2.3%.


Top Shareholders

Company Information

Art's-Way Manufacturing Co., Inc.'s employee growth, exchange listings and data sources


Key Information

  • Name: Art's-Way Manufacturing Co., Inc.
  • Ticker: ARTW
  • Exchange: NasdaqCM
  • Founded: 1956
  • Industry: Agricultural and Farm Machinery
  • Sector: Capital Goods
  • Market Cap: US$14.900m
  • Shares outstanding: 4.53m
  • Website: https://www.artsway-mfg.com

Number of Employees


Location

  • Art's-Way Manufacturing Co., Inc.
  • 5556 Highway 9
  • PO Box 288
  • Armstrong
  • Iowa
  • 50514
  • United States

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/09/26 22:03
End of Day Share Price2021/09/24 00:00
Earnings2021/05/31
Annual Earnings2020/11/30


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.