Commercial Vehicle Group
Market Cap
US$305.0m
Last Updated
2021/07/30 01:17 UTC
Data Sources
Company Financials +
Executive Summary
Commercial Vehicle Group, Inc., together with its subsidiaries, designs, manufactures, produces, and sells components and assemblies to the global vehicle and the U.S. More Details
Rewards
Risk Analysis
Snowflake Analysis
Mediocre balance sheet and slightly overvalued.
Similar Companies
Share Price & News
How has Commercial Vehicle Group's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: CVGI is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 7% a week.
Volatility Over Time: CVGI's weekly volatility (7%) has been stable over the past year.
Market Performance
7 Day Return
0.7%
CVGI
1.3%
US Machinery
0.8%
US Market
1 Year Return
311.6%
CVGI
48.0%
US Machinery
37.5%
US Market
Return vs Industry: CVGI exceeded the US Machinery industry which returned 43.7% over the past year.
Return vs Market: CVGI exceeded the US Market which returned 36.5% over the past year.
Shareholder returns
| CVGI | Industry | Market | |
|---|---|---|---|
| 7 Day | 0.7% | 1.3% | 0.8% |
| 30 Day | -8.6% | 0.9% | 1.0% |
| 90 Day | -15.7% | -1.3% | 3.8% |
| 1 Year | 311.6%311.6% | 51.1%48.0% | 39.7%37.5% |
| 3 Year | 34.0%34.0% | 62.2%52.7% | 64.4%54.1% |
| 5 Year | 114.4%114.4% | 140.0%115.0% | 124.9%100.0% |
Long-Term Price Volatility Vs. Market
How volatile is Commercial Vehicle Group's share price compared to the market and industry in the last 5 years?
Simply Wall St News
3 weeks ago | Simply Wall St
Is Commercial Vehicle Group, Inc. (NASDAQ:CVGI) Popular Amongst Insiders?1 month ago | Simply Wall St
Announcing: Commercial Vehicle Group (NASDAQ:CVGI) Stock Soared An Exciting 332% In The Last Year2 months ago | Simply Wall St
Estimating The Intrinsic Value Of Commercial Vehicle Group, Inc. (NASDAQ:CVGI)Valuation
Is Commercial Vehicle Group undervalued compared to its fair value and its price relative to the market?
20.8%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: CVGI ($9.26) is trading below our estimate of fair value ($11.69)
Significantly Below Fair Value: CVGI is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: CVGI is unprofitable, so we can't compare its PE Ratio to the US Machinery industry average.
PE vs Market: CVGI 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 CVGI's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: CVGI's PB Ratio (2.8x) is in line with the US Machinery industry average.
Future Growth
How is Commercial Vehicle Group forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
15.8%
Forecasted annual revenue growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: Insufficient data to determine if CVGI's forecast earnings growth is above the savings rate (2%).
Earnings vs Market: Insufficient data to determine if CVGI's earnings are forecast to grow faster than the US market
High Growth Earnings: Insufficient data to determine if earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: CVGI's revenue (15.8% per year) is forecast to grow faster than the US market (9.2% per year).
High Growth Revenue: CVGI's revenue (15.8% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if CVGI's Return on Equity is forecast to be high in 3 years time
Past Performance
How has Commercial Vehicle Group performed over the past 5 years?
-25.8%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: CVGI is currently unprofitable.
Growing Profit Margin: CVGI is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: CVGI is unprofitable, and losses have increased over the past 5 years at a rate of 25.8% per year.
Accelerating Growth: Unable to compare CVGI's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: CVGI is unprofitable, making it difficult to compare its past year earnings growth to the Machinery industry (3.4%).
Return on Equity
High ROE: CVGI has a negative Return on Equity (-3.86%), as it is currently unprofitable.
Financial Health
How is Commercial Vehicle Group's financial position?
Financial Position Analysis
Short Term Liabilities: CVGI's short term assets ($355.2M) exceed its short term liabilities ($189.6M).
Long Term Liabilities: CVGI's short term assets ($355.2M) exceed its long term liabilities ($199.7M).
Debt to Equity History and Analysis
Debt Level: CVGI's debt to equity ratio (150.5%) is considered high.
Reducing Debt: CVGI's debt to equity ratio has reduced from 334% to 150.5% over the past 5 years.
Debt Coverage: CVGI's debt is not well covered by operating cash flow (5.6%).
Interest Coverage: CVGI's interest payments on its debt are not well covered by EBIT (1.1x coverage).
Balance Sheet
Dividend
What is Commercial Vehicle Group current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate CVGI's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate CVGI'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 CVGI's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if CVGI's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of CVGI'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?
1.3yrs
Average management tenure
CEO
Harold Bevis (61 yo)
1.33yrs
Tenure
US$2,462,797
Compensation
Mr. Harold C. Bevis serves as President & Chief Executive Officer of Commercial Vehicle Group, Inc. since March 23, 2020. He has been Director of Commercial Vehicle Group, Inc. since June 2014. He served a...
CEO Compensation Analysis
Compensation vs Market: Harold's total compensation ($USD2.46M) is above average for companies of similar size in the US market ($USD1.72M).
Compensation vs Earnings: Harold's compensation has increased whilst the company is unprofitable.
Leadership Team
Experienced Management: CVGI's management team is not considered experienced ( 1.3 years average tenure), which suggests a new team.
Board Members
Experienced Board: CVGI's board of directors are considered experienced (5 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.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 3%.
Top Shareholders
Company Information
Commercial Vehicle Group, Inc.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Commercial Vehicle Group, Inc.
- Ticker: CVGI
- Exchange: NasdaqGS
- Founded: 2000
- Industry: Construction Machinery and Heavy Trucks
- Sector: Capital Goods
- Market Cap: US$304.987m
- Shares outstanding: 32.94m
- Website: https://cvgrp.com
Number of Employees
Location
- Commercial Vehicle Group, Inc.
- 7800 Walton Parkway
- New Albany
- Ohio
- 43054
- United States
Listings
Biography
Commercial Vehicle Group, Inc., together with its subsidiaries, designs, manufactures, produces, and sells components and assemblies to the global vehicle and the U.S. technology integrator markets in Nort...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/07/30 01:17 |
| End of Day Share Price | 2021/07/29 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.