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
|Historical stock prices|
|Current Share Price||US$30.69|
|52 Week High||US$54.20|
|52 Week Low||US$27.18|
|1 Month Change||0.79%|
|3 Month Change||-34.01%|
|1 Year Change||-36.01%|
|3 Year Change||-26.88%|
|5 Year Change||20.73%|
|Change since IPO||97.20%|
Recent News & Updates
|CMCO||US Machinery||US 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.
|CMCO Average Weekly Movement||6.9%|
|Machinery Industry Average Movement||6.1%|
|Market Average Movement||8.1%|
|10% most volatile stocks in US Market||16.6%|
|10% least volatile stocks in US Market||3.2%|
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
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
|CMCO fundamental statistics|
Is CMCO overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|CMCO income statement (TTM)|
|Cost of Revenue||US$587.32m|
Last Reported Earnings
Mar 31, 2022
Next Earnings Date
|Earnings per share (EPS)||1.04|
|Net Profit Margin||3.27%|
How did CMCO perform over the long term?See historical performance and comparison
0.9%Current Dividend Yield
Is CMCO undervalued compared to its fair value, analyst forecasts and its price relative to the market?
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
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.
|What is CMCO's n/a Ratio?|
Price to Earnings Ratio vs Peers
How does CMCO's PE Ratio compare to its peers?
|CMCO PE Ratio vs Peers|
|Company||PE||Estimated Growth||Market Cap|
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.
|Current PE Ratio||29.5x|
|Fair PE Ratio||26.7x|
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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How is Columbus McKinnon forecast to perform in the next 1 to 3 years based on estimates from 8 analysts?
Future Growth Score3/6
Future Growth Score 3/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
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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How has Columbus McKinnon performed over the past 5 years?
Past Performance Score4/6
Past Performance Score 4/6
Growing Profit Margin
Earnings vs Industry
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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How is Columbus McKinnon's financial position?
Financial Health Score3/6
Financial Health Score 3/6
Short Term Liabilities
Long Term Liabilities
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 ($663.3M).
Debt to Equity History and Analysis
Debt Level: CMCO's net debt to equity ratio (50.6%) is considered high.
Reducing Debt: CMCO's debt to equity ratio has reduced from 125.4% to 65.7% over the past 5 years.
Debt Coverage: CMCO's debt is not well covered by operating cash flow (9.6%).
Interest Coverage: CMCO's interest payments on its debt are well covered by EBIT (4.4x coverage).
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What is Columbus McKinnon current dividend yield, its reliability and sustainability?
Dividend Score 1/6
Future Dividend Coverage
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: CMCO's dividend (0.91%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.57%).
High Dividend: CMCO's dividend (0.91%) is low compared to the top 25% of dividend payers in the US market (4.24%).
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, CMCO has been paying a dividend for less than 10 years.
Growing Dividend: CMCO's dividend payments have increased, but the company has only paid a dividend for 8 years.
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (23.6%), CMCO's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (22.3%), CMCO's dividend payments are well covered by cash flows.
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How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
David Wilson (52 yo)
Mr. David J. Wilson serves as an Independent Director of Modine Manufacturing Company since May 09, 2022. He serves as President, Chief Executive Officer and Director at Columbus McKinnon Corporation since...
CEO Compensation Analysis
Compensation vs Market: David's total compensation ($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.
Experienced Management: CMCO's management team is not considered experienced ( 1.7 years average tenure), which suggests a new team.
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
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Columbus McKinnon Corporation's employee growth, exchange listings and data sources
- 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: https://www.columbusmckinnon.com
Number of Employees
- Columbus McKinnon Corporation
- 205 Crosspoint Parkway
- New York
- United States
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/06/26 00:00|
|End of Day Share Price||2022/06/24 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.