Market Cap
US$30.4b
Last Updated
2020/11/28 23:09 UTC
Data Sources
Company Financials +
Executive Summary
PACCAR Inc designs, manufactures, and distributes light, medium, and heavy-duty commercial trucks in the United States, Europe, and internationally. More Details
Snowflake Analysis
High growth potential with excellent balance sheet and pays a dividend.
Similar Companies
Share Price & News
How has PACCAR's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: PCAR is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: PCAR's weekly volatility (4%) has been stable over the past year.
Market Performance
7 Day Return
-1.2%
PCAR
2.2%
US Machinery
2.8%
US Market
1 Year Return
7.8%
PCAR
19.4%
US Machinery
20.9%
US Market
Return vs Industry: PCAR underperformed the US Machinery industry which returned 19.4% over the past year.
Return vs Market: PCAR underperformed the US Market which returned 20.7% over the past year.
Shareholder returns
| PCAR | Industry | Market | |
|---|---|---|---|
| 7 Day | -1.2% | 2.2% | 2.8% |
| 30 Day | 2.4% | 16.1% | 11.1% |
| 90 Day | 1.4% | 15.3% | 6.5% |
| 1 Year | 12.7%7.8% | 22.5%19.4% | 23.6%20.9% |
| 3 Year | 43.7%26.0% | 32.6%23.1% | 47.3%37.6% |
| 5 Year | 115.8%76.3% | 125.7%100.5% | 94.3%72.9% |
Long-Term Price Volatility Vs. Market
How volatile is PACCAR's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall St
Did You Participate In Any Of PACCAR's (NASDAQ:PCAR) Fantastic 114% Return ?3 weeks ago | Simply Wall St
Be Sure To Check Out PACCAR Inc (NASDAQ:PCAR) Before It Goes Ex-Dividend1 month ago | Simply Wall St
What Type Of Shareholders Own The Most Number of PACCAR Inc (NASDAQ:PCAR) Shares?Valuation
Is PACCAR undervalued compared to its fair value and its price relative to the market?
21.37x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: PCAR ($87.74) is trading above our estimate of fair value ($63.13)
Significantly Below Fair Value: PCAR is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: PCAR is good value based on its PE Ratio (21.4x) compared to the US Machinery industry average (29.9x).
PE vs Market: PCAR is poor value based on its PE Ratio (21.4x) compared to the US market (19.7x).
Price to Earnings Growth Ratio
PEG Ratio: PCAR is good value based on its PEG Ratio (0.9x)
Price to Book Ratio
PB vs Industry: PCAR is overvalued based on its PB Ratio (3x) compared to the US Machinery industry average (2.7x).
Next Steps
Future Growth
How is PACCAR forecast to perform in the next 1 to 3 years based on estimates from 15 analysts?
23.0%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: PCAR's forecast earnings growth (23% per year) is above the savings rate (2.2%).
Earnings vs Market: PCAR's earnings (23% per year) are forecast to grow faster than the US market (22% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: PCAR's revenue (13% per year) is forecast to grow faster than the US market (10.2% per year).
High Growth Revenue: PCAR's revenue (13% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: PCAR's Return on Equity is forecast to be high in 3 years time (20.3%)
Next Steps
Past Performance
How has PACCAR performed over the past 5 years?
16.0%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: PCAR has high quality earnings.
Growing Profit Margin: PCAR's current net profit margins (7.4%) are lower than last year (9.4%).
Past Earnings Growth Analysis
Earnings Trend: PCAR's earnings have grown by 16% per year over the past 5 years.
Accelerating Growth: PCAR's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: PCAR had negative earnings growth (-41.5%) over the past year, making it difficult to compare to the Machinery industry average (-15.4%).
Return on Equity
High ROE: PCAR's Return on Equity (14%) is considered low.
Next Steps
Financial Health
How is PACCAR's financial position?
Financial Position Analysis
Short Term Liabilities: PCAR's short term assets ($19.4B) exceed its short term liabilities ($4.1B).
Long Term Liabilities: PCAR's short term assets ($19.4B) exceed its long term liabilities ($13.0B).
Debt to Equity History and Analysis
Debt Level: PCAR's debt to equity ratio (102.3%) is considered high.
Reducing Debt: PCAR's debt to equity ratio has reduced from 119.1% to 102.3% over the past 5 years.
Debt Coverage: PCAR's debt is well covered by operating cash flow (30.1%).
Interest Coverage: PCAR earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
Next Steps
Dividend
What is PACCAR current dividend yield, its reliability and sustainability?
4.08%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: PCAR's dividend (4.08%) is higher than the bottom 25% of dividend payers in the US market (1.47%).
High Dividend: PCAR's dividend (4.08%) is low compared to the top 25% of dividend payers in the US market (4.08%).
Stability and Growth of Payments
Stable Dividend: PCAR's dividend payments have been volatile in the past 10 years.
Growing Dividend: PCAR's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (31.2%), PCAR's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: PCAR's dividends in 3 years are forecast to be covered by earnings (54% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
3.4yrs
Average management tenure
CEO
R. Feight (52 yo)
1.33yrs
Tenure
US$5,850,648
Compensation
Mr. R. Preston Feight is Chief Executive Officer and Director at PACCAR Inc since July 01, 2019 and served as its Executive Vice President since September 2018 until July 01, 2019. He has been instrumental...
CEO Compensation Analysis
Compensation vs Market: R.'s total compensation ($USD5.85M) is below average for companies of similar size in the US market ($USD10.83M).
Compensation vs Earnings: R.'s compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 1.33yrs | US$5.85m | 0.0069% $ 2.1m | |
| President & CFO | 2.83yrs | US$4.61m | 0.011% $ 3.4m | |
| Senior Vice President | 3.83yrs | US$2.73m | 0.011% $ 3.3m | |
| Senior VP & Controller | 13.83yrs | US$2.44m | 0.013% $ 4.0m | |
| Executive Chairman | 23.83yrs | US$2.79m | 0.98% $ 298.3m | |
| Senior VP & CTO | 2.58yrs | US$1.87m | 0.0095% $ 2.9m | |
| VP & Chief Information Officer | 3.83yrs | no data | 0.0012% $ 376.9k | |
| Senior Director of Investor Relations | no data | no data | no data | |
| VP & General Counsel | 3yrs | no data | 0.0022% $ 665.7k | |
| Vice President of Human Resources | 13.42yrs | no data | 0.0082% $ 2.5m | |
| Senior Vice President | 0.83yr | no data | 0.0044% $ 1.3m | |
| Treasurer | 6.42yrs | no data | no data |
3.4yrs
Average Tenure
57.5yo
Average Age
Experienced Management: PCAR's management team is considered experienced (3.4 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 1.33yrs | US$5.85m | 0.0069% $ 2.1m | |
| Executive Chairman | 23.83yrs | US$2.79m | 0.98% $ 298.3m | |
| Independent Director | 12.58yrs | US$320.03k | no data | |
| Independent Director | 14.33yrs | US$335.03k | 0.0091% $ 2.8m | |
| Independent Director | 5.58yrs | US$295.03k | no data | |
| Independent Director | 8.17yrs | US$320.03k | no data | |
| Independent Director | 15.08yrs | US$300.03k | 0.0084% $ 2.6m | |
| Independent Director | 11.92yrs | US$295.03k | no data | |
| Independent Lead Director | no data | US$295.03k | 0.0026% $ 787.3k | |
| Independent Director | 2.58yrs | US$280.03k | no data | |
| Director | 11.58yrs | US$275.03k | 0.66% $ 199.7m |
11.8yrs
Average Tenure
66yo
Average Age
Experienced Board: PCAR's board of directors are seasoned and experienced ( 11.8 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 not been meaningfully diluted in the past year.
Top Shareholders
Company Information
PACCAR Inc's company bio, employee growth, exchange listings and data sources
Key Information
- Name: PACCAR Inc
- Ticker: PCAR
- Exchange: NasdaqGS
- Founded: 1905
- Industry: Construction Machinery and Heavy Trucks
- Sector: Capital Goods
- Market Cap: US$30.397b
- Shares outstanding: 346.44m
- Website: https://www.paccar.com
Number of Employees
Location
- PACCAR Inc
- 777 - 106th Avenue N.E.
- Bellevue
- Washington
- 98004
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| PCAR | NasdaqGS (Nasdaq Global Select) | Yes | Common Stock | US | USD | Mar 1970 |
| PAI | SEAQ (SEAQ International) | Yes | Common Stock | GB | GBP | Mar 1970 |
| PAE | DB (Deutsche Boerse AG) | Yes | Common Stock | DE | EUR | Mar 1970 |
| PCAR | WBAG (Wiener Boerse AG) | Yes | Common Stock | AT | EUR | Mar 1970 |
| PAE | ETLX (Eurotlx) | Yes | Common Stock | IT | EUR | Mar 1970 |
| 0KET | LSE (London Stock Exchange) | Yes | Common Stock | GB | USD | Mar 1970 |
| P1AC34 | BOVESPA (Bolsa de Valores de Sao Paulo) | BDR EACH 2 REPR 1 COM | BR | BRL | Jan 2020 |
Biography
PACCAR Inc designs, manufactures, and distributes light, medium, and heavy-duty commercial trucks in the United States, Europe, and internationally. The company operates in three segments: Truck, Parts, an...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/11/28 23:09 |
| End of Day Share Price | 2020/11/27 00:00 |
| Earnings | 2020/09/30 |
| Annual Earnings | 2019/12/31 |
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.