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Columbus McKinnon NasdaqGS:CMCO Stock Report

Last Price


Market Cap







26 Jun, 2022


Company Financials +
CMCO fundamental analysis
Snowflake Score
Future Growth3/6
Past Performance4/6
Financial Health3/6

CMCO Stock Overview

Columbus McKinnon Corporation designs, manufactures, and markets intelligent motion solutions to ergonomically move, lift, position, and secure materials worldwide.

Columbus McKinnon Competitors













Price History & Performance

Summary of all time highs, changes and price drops for Columbus McKinnon
Historical stock prices
Current Share PriceUS$30.69
52 Week HighUS$54.20
52 Week LowUS$27.18
1 Month Change0.79%
3 Month Change-34.01%
1 Year Change-36.01%
3 Year Change-26.88%
5 Year Change20.73%
Change since IPO97.20%

Recent News & Updates

Shareholder Returns

CMCOUS MachineryUS Market

Return vs Industry: CMCO underperformed the US Machinery industry which returned -20.6% over the past year.

Return vs Market: CMCO underperformed the US Market which returned -18.5% over the past year.

Price Volatility

Is CMCO's price volatile compared to industry and market?
CMCO volatility
CMCO Average Weekly Movement6.9%
Machinery Industry Average Movement6.1%
Market Average Movement8.1%
10% most volatile stocks in US Market16.6%
10% least volatile stocks in US Market3.2%

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

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

About the Company

18753,224David Wilson

Columbus McKinnon Corporation designs, manufactures, and markets intelligent motion solutions to ergonomically move, lift, position, and secure materials worldwide. The company offers electric, air-powered, lever, and hand hoists; hoist trolleys, explosion-protected and custom engineered hoists, and winches; crane systems, such as crane components and kits, enclosed track rail systems, mobile and jib cranes, and fall protection systems, as well as material handling solutions; rigging equipment comprising below-the-hook lifting devices, shackles, chains and chains accessories, forestry and hand tools, lifting slings, lashing systems, and tie-downs and load binders; rotary unions and swivel joints; and mechanical and electromechanical actuators. It also provides power and motion technology products, including AC motor controls and line regenerative systems, automation and diagnostics, brakes, cable and festoon systems, collision avoidance systems, conductor bar systems, DC motor and magnet control systems, elevator drives, inverter duty motors, mining drives, pendant pushbutton stations, radio controls, and wind inverters; power delivery subsystems; overhead aluminum light rail workstations; and low profile, flexible chain, large scale, sanitary, and vertical elevation conveyor systems, as well as pallet system conveyors and accumulation systems.

Columbus McKinnon Fundamentals Summary

How do Columbus McKinnon's earnings and revenue compare to its market cap?
CMCO fundamental statistics
Market CapUS$876.22m
Earnings (TTM)US$29.66m
Revenue (TTM)US$906.56m


P/E Ratio


P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
CMCO income statement (TTM)
Cost of RevenueUS$587.32m
Gross ProfitUS$319.23m
Other ExpensesUS$289.57m

Last Reported Earnings

Mar 31, 2022

Next Earnings Date


Earnings per share (EPS)1.04
Gross Margin35.21%
Net Profit Margin3.27%
Debt/Equity Ratio65.7%

How did CMCO perform over the long term?

See historical performance and comparison



Current Dividend Yield


Payout Ratio
We’ve recently updated our valuation analysis.


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

Valuation Score


Valuation Score 3/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • PEG Ratio

Key Valuation Metric

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

Other financial metrics that can be useful for relative valuation.

CMCO key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue1.4x
Enterprise Value/EBITDA10.2x
PEG Ratio0.8x

Price to Earnings Ratio vs Peers

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

CMCO PE Ratio vs Peers
The above table shows the PE ratio for CMCO vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average26.6x

Price-To-Earnings vs Peers: CMCO is expensive based on its Price-To-Earnings Ratio (29.5x) compared to the peer average (26.6x).

Price to Earnings Ratio vs Industry

How does CMCO's PE Ratio compare vs other companies in the U.S. Machinery Industry?

Price-To-Earnings vs Industry: CMCO is expensive based on its Price-To-Earnings Ratio (29.5x) compared to the US Machinery industry average (21.7x)

Price to Earnings Ratio vs Fair Ratio

What is CMCO'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.

CMCO PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio29.5x
Fair PE Ratio26.7x

Price-To-Earnings vs Fair Ratio: CMCO is expensive based on its Price-To-Earnings Ratio (29.5x) compared to the estimated Fair Price-To-Earnings Ratio (26.7x).

Share Price vs Fair Value

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

Below Fair Value: CMCO ($30.69) is trading below our estimate of fair value ($103.28)

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

Price to Earnings Growth Ratio

PEG Ratio: CMCO is good value based on its PEG Ratio (0.8x)

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Future Growth

How is Columbus McKinnon forecast to perform in the next 1 to 3 years based on estimates from 8 analysts?

Future Growth Score


Future Growth Score 3/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts

Analyst Future Growth Forecasts

Earnings vs Savings Rate: CMCO's forecast earnings growth (35.1% per year) is above the savings rate (1.9%).

Earnings vs Market: CMCO's earnings (35.1% per year) are forecast to grow faster than the US market (14% per year).

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

Revenue vs Market: CMCO's revenue (5.8% per year) is forecast to grow slower than the US market (8.4% per year).

High Growth Revenue: CMCO's revenue (5.8% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: CMCO's Return on Equity is forecast to be low in 3 years time (9.6%).

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Past Performance

How has Columbus McKinnon performed over the past 5 years?

Past Performance Score


Past Performance Score 4/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: CMCO has a large one-off loss of $28.3M impacting its March 31 2022 financial results.

Growing Profit Margin: CMCO's current net profit margins (3.3%) are higher than last year (1.4%).

Past Earnings Growth Analysis

Earnings Trend: CMCO's earnings have grown by 4.9% per year over the past 5 years.

Accelerating Growth: CMCO's earnings growth over the past year (225.7%) exceeds its 5-year average (4.9% per year).

Earnings vs Industry: CMCO earnings growth over the past year (225.7%) exceeded the Machinery industry 24%.

Return on Equity

High ROE: CMCO's Return on Equity (3.8%) is considered low.

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Financial Health

How is Columbus McKinnon's financial position?

Financial Health Score


Financial Health Score 3/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: CMCO's short term assets ($466.6M) exceed its short term liabilities ($249.6M).

Long Term Liabilities: CMCO's short term assets ($466.6M) do not cover its long term liabilities ($663.3M).

Debt to Equity History and Analysis

Debt Level: CMCO's net debt to equity ratio (50.6%) is considered high.

Reducing Debt: CMCO's debt to equity ratio has reduced from 125.4% to 65.7% over the past 5 years.

Debt Coverage: CMCO's debt is not well covered by operating cash flow (9.6%).

Interest Coverage: CMCO's interest payments on its debt are well covered by EBIT (4.4x coverage).

Balance Sheet

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What is Columbus McKinnon current dividend yield, its reliability and sustainability?

Dividend Score


Dividend Score 1/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage


Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: CMCO's dividend (0.91%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.57%).

High Dividend: CMCO's dividend (0.91%) is low compared to the top 25% of dividend payers in the US market (4.24%).

Stability and Growth of Payments

Stable Dividend: Whilst dividend payments have been stable, CMCO has been paying a dividend for less than 10 years.

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

Earnings Payout to Shareholders

Earnings Coverage: With its low payout ratio (23.6%), CMCO's dividend payments are well covered by earnings.

Cash Payout to Shareholders

Cash Flow Coverage: With its low cash payout ratio (22.3%), CMCO's dividend payments are well covered by cash flows.

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


Average management tenure


David Wilson (52 yo)





Mr. David J. Wilson serves as an Independent Director of Modine Manufacturing Company since May 09, 2022. He serves as President, Chief Executive Officer and Director at Columbus McKinnon Corporation since...

CEO Compensation Analysis

Compensation vs Market: David's total compensation ($USD4.08M) is about average for companies of similar size in the US market ($USD4.05M).

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

Leadership Team

Experienced Management: CMCO's management team is not considered experienced ( 1.7 years average tenure), which suggests a new team.

Board Members

Experienced Board: CMCO's board of directors are considered experienced (4.1 years average tenure).


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

Insider Trading Volume

Insider Buying: CMCO insiders have only sold shares 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

Columbus McKinnon Corporation's employee growth, exchange listings and data sources

Key Information

  • Name: Columbus McKinnon Corporation
  • Ticker: CMCO
  • Exchange: NasdaqGS
  • Founded: 1875
  • Industry: Industrial Machinery
  • Sector: Capital Goods
  • Implied Market Cap: US$876.218m
  • Shares outstanding: 28.55m
  • Website:

Number of Employees


  • Columbus McKinnon Corporation
  • 205 Crosspoint Parkway
  • Buffalo
  • New York
  • 14068
  • United States


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/06/26 00:00
End of Day Share Price2022/06/24 00:00
Annual Earnings2022/03/31

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.