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.
+ 1 more risk
Undervalued with adequate balance sheet.
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's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: CVGI underperformed the US Machinery industry which returned -22.6% over the past year.
Return vs Market: CVGI underperformed the US Market which returned -11.5% over the past year.
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 StCommercial Vehicle Group, Inc. Just Missed EPS By 54%: Here's What Analysts Think Will Happen Next
3 weeks ago | Simply Wall StWhat Is Commercial Vehicle Group's (NASDAQ:CVGI) P/E Ratio After Its Share Price Tanked?
3 weeks ago | Simply Wall StCan Commercial Vehicle Group, Inc. (NASDAQ:CVGI) Maintain Its Strong Returns?
Is Commercial Vehicle Group undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: CVGI ($1.57) is trading below our estimate of fair value ($3.69)
Significantly Below Fair Value: CVGI is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: CVGI is good value based on its PE Ratio (3x) compared to the Machinery industry average (15x).
PE vs Market: CVGI is good value based on its PE Ratio (3x) compared to the US market (13x).
Price to Earnings Growth Ratio
PEG Ratio: CVGI's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: CVGI is good value based on its PB Ratio (0.4x) compared to the US Machinery industry average (1.5x).
How is Commercial Vehicle Group forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: CVGI's earnings are forecast to decline over the next 3 years (-11.3% per year).
Earnings vs Market: CVGI's earnings are forecast to decline over the next 3 years (-11.3% per year).
High Growth Earnings: CVGI's earnings are forecast to decline over the next 3 years.
Revenue vs Market: CVGI's revenue is expected to decline over the next 3 years (-4.8% per year).
High Growth Revenue: CVGI's revenue is forecast to decline over the next 3 years (-4.8% 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
How has Commercial Vehicle Group performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: CVGI has high quality earnings.
Growing Profit Margin: CVGI's current net profit margins (1.8%) are lower than last year (4.6%).
Past Earnings Growth Analysis
Earnings Trend: CVGI's earnings have grown significantly by 37.4% per year over the past 5 years.
Accelerating Growth: CVGI's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: CVGI had negative earnings growth (-62%) over the past year, making it difficult to compare to the Machinery industry average (-2%).
Return on Equity
High ROE: CVGI's Return on Equity (12.3%) is considered low.
How is Commercial Vehicle Group's financial position?
Financial Position Analysis
Short Term Liabilities: CVGI's short term assets ($256.0M) exceed its short term liabilities ($106.6M).
Long Term Liabilities: CVGI's short term assets ($256.0M) exceed its long term liabilities ($200.5M).
Debt to Equity History and Analysis
Debt Level: CVGI's debt to equity ratio (121.5%) is considered high.
Reducing Debt: CVGI's debt to equity ratio has reduced from 424.8% to 121.5% over the past 5 years.
Debt Coverage: CVGI's debt is well covered by operating cash flow (23.5%).
Interest Coverage: CVGI's interest payments on its debt are not well covered by EBIT (2.5x coverage).
Inventory Level: CVGI has a high level of physical assets or inventory.
Debt Coverage by Assets: CVGI's debt is covered by short term assets (assets are 1.6x debt).
What is Commercial Vehicle Group's 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 payouts.
High Dividend: Unable to evaluate CVGI's dividend yield against the top 25% of dividend payers, as the company has not reported any 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.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Harold Bevis (59yo)
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 ...
|President||no data||US$160.00k||0.25% $123.2k|
|Executive VP & CFO||6.42yrs||US$1.27m||0.56% $276.9k|
|Senior VP and MD of Global Trim||4.08yrs||US$553.49k||0.17% $84.5k|
|Vice President of Operational Excellence||no data||no data||no data|
|Chief Accounting Officer||5.83yrs||no data||0.10% $49.8k|
|General Counsel||3yrs||no data||no data|
|Chief Human Resources & Public Affairs Officer and VP of Human Resources||no data||no data||no data|
|Vice President of Corporate Development & Investor Relations||no data||no data||no data|
|Senior VP & MD of Global Seating Segment||2.75yrs||no data||0.065% $31.9k|
|Senior VP & MD of Global Wire Harness Group||1.17yrs||no data||no data|
Experienced Management: CVGI's management team is considered experienced (3.6 years average tenure).
|President||no data||US$160.00k||0.25% $123.2k|
|Independent Director||5.75yrs||US$168.75k||0.27% $135.0k|
|Independent Director||3.67yrs||US$163.75k||0.15% $72.6k|
|Independent Chairman of the Board||0.58yr||US$175.00k||0.29% $140.3k|
|Independent Director||1yr||no data||0.051% $25.3k|
|Director||no data||no data||no data|
Experienced Board: CVGI's board of directors are considered experienced (3.7 years average tenure).
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Commercial Vehicle Group, Inc.'s company bio, employee growth, exchange listings and data sources
- Name: Commercial Vehicle Group, Inc.
- Ticker: CVGI
- Exchange: NasdaqGS
- Founded: 2000
- Industry: Construction Machinery and Heavy Trucks
- Sector: Capital Goods
- Market Cap: US$49.184m
- Shares outstanding: 31.33m
- Website: https://cvgrp.com
Number of Employees
- Commercial Vehicle Group, Inc.
- 7800 Walton Parkway
- New Albany
- United States
|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|
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. It operates in two segments, Electrical Systems and Global Seating. The Electrical Systems segment offers electrical wire harness assemblies that function as current carrying devices in providing electrical interconnections for gauges, lights, control functions, power circuits, powertrain and transmission sensors, emissions systems, and other electronic applications on commercial vehicles; and panel assemblies and cabinets. It also offers trim systems and components for the interior of cabs, including vinyl or cloth-covered appliqués, armrests, map pocket compartments, and sound-reducing insulations; instrument panels; headliners/wall panels; storage systems; floor covering systems; sleeper bunks; grab handles and armrests; privacy curtains; and plastics decorating and finishing products. In addition, this segment provides cab structures and sleeper boxes; mirrors, wipers, and controls; and electro-mechanical and cable assembly manufacturing services to customers, including box builds, complex rack and stack assemblies, and multi-cabinet control cabinets with power distribution and cabling. The Global Seating segment offers seats and seating systems, such as mechanical and air suspension, static, bus, and military seats, as well as seats for medium-and heavy-duty trucks (MD/HD trucks); office seating products; and seats, parts, and components for the aftermarket. The company supplies its products and systems for the commercial vehicle market comprising the MD/HD truck market; medium-and heavy-construction vehicle market; and military, bus, agriculture, specialty transportation, mining, industrial equipment, and off-road recreational markets. Commercial Vehicle Group, Inc. was founded in 2000 and is headquartered in New Albany, Ohio.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/03/29 01:11|
|End of Day Share Price||2020/03/27 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.