Columbus McKinnon Corporation

NasdaqGS:CMCO Stock Report

Market Cap: US$1.3b

Columbus McKinnon Valuation

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

Valuation Score

2/6

Valuation Score 2/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

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 ($44.63) is trading below our estimate of fair value ($59.15)

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


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/Revenue1.8x
Enterprise Value/EBITDA11.5x
PEG Ratio1.1x

Price to Earnings Ratio vs Peers

How does CMCO's PE Ratio compare to its 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.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average29.7x
HY Hyster-Yale Materials Handling
8.9x2.0%US$1.1b
HLIO Helios Technologies
39.5x26.9%US$1.4b
CIR CIRCOR International
40.9x24.0%US$1.1b
GRC Gorman-Rupp
29.7x16.3%US$1.0b
CMCO Columbus McKinnon
26.3x24.4%US$1.3b

Price-To-Earnings vs Peers: CMCO is expensive based on its Price-To-Earnings Ratio (26.3x) compared to the peer average (26x).


Price to Earnings Ratio vs Industry

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

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
Industry Avg.n/a10.8%
n/an/an/a
No. of CompaniesPE048121620

Fetching data

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
Industry Avg.n/a10.8%
n/an/an/a
No more companies

Price-To-Earnings vs Industry: CMCO is expensive based on its Price-To-Earnings Ratio (26.3x) compared to the US Machinery industry average (24.2x).


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 Ratio26.3x
Fair PE Ratio23.8x

Price-To-Earnings vs Fair Ratio: CMCO is expensive based on its Price-To-Earnings Ratio (26.3x) compared to the estimated Fair Price-To-Earnings Ratio (23.8x).


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst CMCO forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentUS$44.63
US$50.00
+12.0%
1.4%US$51.00US$49.00n/a4
Mar ’25US$42.23
US$50.00
+18.4%
1.4%US$51.00US$49.00n/a4
Feb ’25US$39.50
US$49.50
+25.3%
2.3%US$51.00US$48.00n/a4
Jan ’25US$39.02
US$48.75
+24.9%
1.7%US$50.00US$48.00n/a4
Dec ’24US$36.08
US$48.75
+35.1%
1.7%US$50.00US$48.00n/a4
Nov ’24US$30.77
US$50.25
+63.3%
5.7%US$55.00US$48.00n/a4
Oct ’24US$34.91
US$50.25
+43.9%
5.7%US$55.00US$48.00n/a4
Sep ’24US$38.12
US$48.75
+27.9%
9.6%US$55.00US$42.00n/a4
Aug ’24US$42.86
US$46.00
+7.3%
11.4%US$55.00US$42.00n/a4
Jul ’24US$40.65
US$46.00
+13.2%
11.4%US$55.00US$42.00n/a4
Jun ’24US$36.94
US$43.50
+17.8%
2.6%US$45.00US$42.00n/a4
May ’24US$35.08
US$42.20
+20.3%
6.6%US$45.00US$37.00n/a5
Apr ’24US$37.16
US$42.20
+13.6%
6.6%US$45.00US$37.00n/a5
Mar ’24US$37.14
US$42.20
+13.6%
6.6%US$45.00US$37.00US$42.235
Feb ’24US$38.28
US$38.20
-0.2%
9.0%US$44.00US$35.00US$39.505
Jan ’24US$32.47
US$37.40
+15.2%
6.0%US$40.00US$35.00US$39.025
Dec ’23US$32.86
US$37.40
+13.8%
6.0%US$40.00US$35.00US$36.085
Nov ’23US$29.01
US$37.40
+28.9%
6.0%US$40.00US$35.00US$30.775
Oct ’23US$26.16
US$43.83
+67.6%
10.0%US$48.00US$35.00US$34.916
Sep ’23US$30.56
US$43.83
+43.4%
10.0%US$48.00US$35.00US$38.126
Aug ’23US$32.70
US$44.17
+35.1%
8.4%US$48.00US$37.00US$42.866
Jul ’23US$28.79
US$45.13
+56.7%
15.3%US$57.00US$35.00US$40.658
Jun ’23US$34.46
US$45.75
+32.8%
15.5%US$57.00US$35.00US$36.948
May ’23US$35.45
US$63.00
+77.7%
6.6%US$70.00US$55.00US$35.088
Apr ’23US$42.07
US$64.44
+53.2%
4.3%US$70.00US$60.00US$37.169
Mar ’23US$44.50
US$64.67
+45.3%
4.6%US$70.00US$60.00US$37.149

Analyst Forecast: Target price is less than 20% higher than the current share price.


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