Commercial Vehicle Group
Market Cap
US$239.7m
Last Updated
2019/09/21 23:53 UTC
Data Sources
Company Financials +
Executive Summary
Commercial Vehicle Group, Inc., together with its subsidiaries, designs, engineers, produces, and sells a range of cab related products and systems in North America, Europe, and the Asia Pacific regions.
Snowflake
Fundamentals
Undervalued with solid track record.
Risks
- Commercial Vehicle Group is covered by less than 3 analysts.
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
Market Performance
7 Day Return
7.4%
CVGI
-2.7%
US Machinery
-0.6%
US Market
1 Year Return
-17.4%
CVGI
-7.5%
US Machinery
0.7%
US Market
CVGI underperformed the Machinery industry which returned -7.5% over the past year.
CVGI underperformed the Market in United States of America which returned 0.6% over the past year.
Share holder returns
| CVGI | Industry | Market | |
|---|---|---|---|
| 7 Day | 7.4% | -2.7% | -0.6% |
| 30 Day | 14.9% | 6.3% | 2.9% |
| 90 Day | 7.1% | -1.9% | 1.3% |
| 1 Year | -17.4%-17.4% | -5.6%-7.5% | 2.9%0.7% |
| 3 Year | 35.2%35.2% | 48.0%38.4% | 44.6%35.2% |
| 5 Year | 22.0%22.0% | 54.1%35.1% | 61.9%44.2% |
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
1 week ago | Simply Wall St
Do You Like Commercial Vehicle Group, Inc. (NASDAQ:CVGI) At This P/E Ratio?3 weeks ago | Simply Wall St
Does Commercial Vehicle Group, Inc.'s (NASDAQ:CVGI) CEO Pay Compare Well With Peers?1 month ago | Simply Wall St
If You Had Bought Commercial Vehicle Group (NASDAQ:CVGI) Shares Three Years Ago You'd Have Made 65%Valuation
Is Commercial Vehicle Group undervalued based on future cash flows and its price relative to the stock market?
>50%
Discount to future cash flow value
Intrinsic Value Based on Future Cash Flows
Commercial Vehicle Group's share price is below the future cash flow value, and at a moderate discount (> 20%).
Commercial Vehicle Group's share price is below the future cash flow value, and at a substantial discount (> 40%).
Price Based on Earnings
Commercial Vehicle Group is good value based on earnings compared to the US Machinery industry average.
Commercial Vehicle Group is good value based on earnings compared to the United States of America market.
Price Based on Expected Growth
Commercial Vehicle Group earnings are not expected to grow next year, we can't assess if its growth is good value.
Price Based on Value of Assets
Commercial Vehicle Group is good value based on assets compared to the US Machinery industry average.
Next Steps
Future Growth
How is Commercial Vehicle Group expected to perform in the next 1 to 3 years based on estimates from 2 analysts?
-13.7%
Forecasted annual earnings growth
Earnings and Revenue Growth Estimates
Future Annual Growth Analysis
Commercial Vehicle Group's revenue is expected to decrease over the next 1-3 years, this is not considered high growth.
Commercial Vehicle Group's earnings are expected to decrease over the next 1-3 years, this is not considered high growth.
Commercial Vehicle Group's revenues are expected to decrease over the next 1-3 years, this is below the United States of America market average.
Commercial Vehicle Group's earnings are expected to decrease over the next 1-3 years, this is below the United States of America market average.
Commercial Vehicle Group's earnings are expected to decrease over the next 1-3 years, this is below the low risk savings rate of 2.7%.
Earnings per Share Growth Estimates
Future Return on Equity
Unable to establish if Commercial Vehicle Group will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
Next Steps
Past Performance
How has Commercial Vehicle Group performed over the past 5 years?
46.0%
Historical annual earnings growth
Earnings and Revenue History
Past Earnings Growth Analysis
Commercial Vehicle Group has delivered over 20% year on year earnings growth in the past 5 years.
Commercial Vehicle Group's 1-year earnings growth exceeds its 5-year average (93.2% vs 46%)
Commercial Vehicle Group's earnings growth has exceeded the US Machinery industry average in the past year (93.2% vs 18.7%).
Return on Equity
Whilst Commercial Vehicle Group has efficiently used shareholders’ funds last year (Return on Equity greater than 20%), this is metric is skewed due to its high level of debt.
Return on Assets
Commercial Vehicle Group used its assets more efficiently than the US Machinery industry average last year based on Return on Assets.
Return on Capital Employed
Commercial Vehicle Group has significantly improved its use of capital last year versus 3 years ago (Return on Capital Employed).
Next Steps
Financial Health
How is Commercial Vehicle Group's financial position?
Financial Position Analysis
Commercial Vehicle Group is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
Commercial Vehicle Group's cash and other short term assets cover its long term commitments.
Debt to Equity History and Analysis
Commercial Vehicle Group's level of debt (116.5%) compared to net worth is high (greater than 40%).
The level of debt compared to net worth has been reduced over the past 5 years (390.7% vs 116.5% today).
Debt is well covered by operating cash flow (30.6%, greater than 20% of total debt).
Interest payments on debt are well covered by earnings (EBIT is 3.5x coverage).
Balance Sheet
High level of physical assets or inventory.
Debt is covered by short term assets, assets are 2.1x debt.
Next Steps
Dividend
What is Commercial Vehicle Group's current dividend yield, its reliability and sustainability?
Dividend Yield and Payments Analysis
Unable to evaluate Commercial Vehicle Group's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
Unable to evaluate Commercial Vehicle Group's dividend against the top 25% market benchmark as the company has not reported any payouts.
Unable to perform a dividend volatility check as Commercial Vehicle Group has not reported any payouts.
Unable to verify if Commercial Vehicle Group's dividend has been increasing as the company has not reported any payouts.
Current Payout to Shareholders
Unable to calculate sustainability of dividends as Commercial Vehicle Group has not reported any payouts.
Future Payout to Shareholders
Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
Next Steps
Management
What is the CEO of Commercial Vehicle Group's salary, the management and board of directors tenure and is there insider trading?
4.6yrs
Average management tenure
CEO
Pat Miller (51yo)
3.8yrs
Tenure
US$2,012,180
Compensation
Mr. Patrick E. Miller, also known as Pat, has been the Chief Executive Officer and President of Commercial Vehicle Group, Inc. since November 20, 2015. Mr. Miller served as the President of Global Truck & ...
CEO Compensation Analysis
Pat's remuneration is higher than average for companies of similar size in United States of America.
Pat's compensation has been consistent with company performance over the past year, both up more than 20%.
Management Age and Tenure
4.6yrs
Average Tenure
61yo
Average Age
The tenure for the Commercial Vehicle Group management team is about average.
Board Age and Tenure
3.5yrs
Average Tenure
59yo
Average Age
The tenure for the Commercial Vehicle Group board of directors is about average.
Insider Trading
No 3 month open market individual insider trading information.
Ownership Breakdown
Management Team
Jim Williams (72yo)
Executive Vice President of Human Resources
- Tenure: 20.3yrs
- Compensation: US$565.64k
Pat Miller (51yo)
President
- Tenure: 3.8yrs
- Compensation: US$2.01m
Tim Trenary (62yo)
Executive VP & CFO
- Tenure: 5.9yrs
- Compensation: US$1.27m
Laura Macias
Chief Human Resources & Public Affairs Officer and VP of Human Resources
- Tenure: 0yrs
Stacie Fleming (40yo)
Chief Accounting Officer
- Tenure: 5.3yrs
Dale McKillop (61yo)
Senior VP and MD of Trim
- Tenure: 3.6yrs
- Compensation: US$553.49k
Aneezal Mohamed
General Counsel
- Tenure: 2.6yrs
Jack Feng
Vice President of Operational Excellence
- Tenure: 0yrs
Terry Hammett
Treasurer & VP of Investor Relations
- Tenure: 0yrs
Kirk Feiler
Vice President of Corporate Development & Investor Relations
- Tenure: 0yrs
Board Members
Roger Fix (66yo)
Independent Director
- Tenure: 5.3yrs
- Compensation: US$168.75k
Harold Bevis (59yo)
Independent Director
- Tenure: 5.3yrs
- Compensation: US$160.00k
Wayne Rancourt (56yo)
Independent Director
- Tenure: 3.2yrs
- Compensation: US$163.75k
Pat Miller (51yo)
President
- Tenure: 3.8yrs
- Compensation: US$2.01m
Robert Griffin (71yo)
Chairman of the Board
- Tenure: 0.08yrs
- Compensation: US$175.00k
Janice Stipp (59yo)
Independent Director
- Tenure: 0.6yrs
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$239.657m
- Shares outstanding: 31.33m
- Website: https://cvgrp.com
Number of Employees
Location
- Commercial Vehicle Group, Inc.
- 7800 Walton Parkway
- New Albany
- Ohio
- 43054
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| CVGI | NasdaqGS (Nasdaq Global Select) | Yes | Common Stock | US | USD | Aug 2004 |
| FDU | DB (Deutsche Boerse AG) | Yes | Common Stock | DE | EUR | Aug 2004 |
Biography
Commercial Vehicle Group, Inc., together with its subsidiaries, designs, engineers, produces, and sells a range of cab related products and systems in North America, Europe, and the Asia Pacific regions. I ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2019/09/21 23:53 |
| End of Day Share Price | 2019/09/20 00:00 |
| Earnings | 2019/06/30 |
| Annual Earnings | 2018/12/31 |
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.