Commercial Vehicle Group
Market Cap
US$399.9m
Last Updated
2021/05/05 23:14 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
Reasonable growth potential with adequate balance sheet.
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 +/- 6% a week.
Volatility Over Time: CVGI's weekly volatility has decreased from 13% to 6% over the past year.
Market Performance
7 Day Return
15.2%
CVGI
0.3%
US Machinery
-1.6%
US Market
1 Year Return
600.0%
CVGI
92.4%
US Machinery
52.8%
US Market
Return vs Industry: CVGI exceeded the US Machinery industry which returned 89.3% over the past year.
Return vs Market: CVGI exceeded the US Market which returned 52.4% over the past year.
Shareholder returns
| CVGI | Industry | Market | |
|---|---|---|---|
| 7 Day | 15.2% | 0.3% | -1.6% |
| 30 Day | 29.5% | 2.2% | 1.3% |
| 90 Day | 36.1% | 14.4% | 3.5% |
| 1 Year | 600.0%600.0% | 96.9%92.4% | 55.4%52.8% |
| 3 Year | 45.1%45.1% | 68.0%58.1% | 63.5%53.2% |
| 5 Year | 396.0%396.0% | 163.8%137.3% | 125.8%100.7% |
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 days ago | Simply Wall St
Is Commercial Vehicle Group (NASDAQ:CVGI) Using Too Much Debt?4 weeks ago | Simply Wall St
Commercial Vehicle Group (NASDAQ:CVGI) May Have Issues Allocating Its Capital1 month ago | Simply Wall St
This Analyst Just Wrote A Brand New Outlook For Commercial Vehicle Group, Inc.'s (NASDAQ:CVGI) BusinessValuation
Is Commercial Vehicle Group undervalued compared to its fair value and its price relative to the market?
3.75x
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: CVGI ($12.25) is trading above our estimate of fair value ($3.24)
Significantly Below Fair Value: CVGI is trading above our estimate of fair value.
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 is overvalued based on its PB Ratio (3.7x) compared to the US Machinery industry average (3.5x).
Future Growth
How is Commercial Vehicle Group forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?
107.4%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: CVGI is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2%).
Earnings vs Market: CVGI is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: CVGI's is expected to become profitable in the next 3 years.
Revenue vs Market: CVGI's revenue (13.7% per year) is forecast to grow faster than the US market (9.3% per year).
High Growth Revenue: CVGI's revenue (13.7% 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 (-9.8%).
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 (117.5%) is considered high.
Reducing Debt: CVGI's debt to equity ratio has reduced from 334% to 117.5% over the past 5 years.
Debt Coverage: CVGI's debt is well covered by operating cash flow (28.5%).
Interest Coverage: CVGI is unprofitable, therefore interest payments are not well covered by earnings.
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?
1.2yrs
Average management tenure
CEO
Harold Bevis (60 yo)
1.17yrs
Tenure
US$162,792
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...
Leadership Team
Experienced Management: CVGI's management team is not considered experienced ( 1.2 years average tenure), which suggests a new team.
Board Members
Experienced Board: CVGI's board of directors are considered experienced (3.5 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 2.1%.
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$399.879m
- Shares outstanding: 32.64m
- 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 | 2021/05/05 23:14 |
| End of Day Share Price | 2021/05/05 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.