NasdaqGS:PKOH

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Executive Summary

Park-Ohio Holdings Corp. provides supply chain management outsourcing services, capital equipment, and manufactured components in the United States, Europe, Asia, Mexico, Canada, and internationally. More Details


Snowflake Analysis

Fair value with moderate growth potential.


Similar Companies

Share Price & News

How has Park-Ohio Holdings's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: PKOH is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 8% a week.

Volatility Over Time: PKOH's weekly volatility (8%) has been stable over the past year.


Market Performance


7 Day Return

-2.1%

PKOH

-0.3%

US Machinery

1.4%

US Market


1 Year Return

-5.8%

PKOH

25.9%

US Machinery

22.6%

US Market

Return vs Industry: PKOH underperformed the US Machinery industry which returned 26% over the past year.

Return vs Market: PKOH underperformed the US Market which returned 22.8% over the past year.


Shareholder returns

PKOHIndustryMarket
7 Day-2.1%-0.3%1.4%
30 Day5.1%7.3%4.9%
90 Day56.4%16.1%14.6%
1 Year-4.9%-5.8%29.0%25.9%25.4%22.6%
3 Year-29.7%-32.3%30.0%20.8%46.8%37.0%
5 Year22.6%14.6%177.2%146.7%132.0%106.1%

Long-Term Price Volatility Vs. Market

How volatile is Park-Ohio Holdings's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Park-Ohio Holdings undervalued compared to its fair value and its price relative to the market?

48.6%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: PKOH ($31.33) is trading below our estimate of fair value ($60.94)

Significantly Below Fair Value: PKOH is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: PKOH is unprofitable, so we can't compare its PE Ratio to the US Machinery industry average.

PE vs Market: PKOH 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 PKOH's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: PKOH is good value based on its PB Ratio (1.2x) compared to the US Machinery industry average (3x).


Next Steps

Future Growth

How is Park-Ohio Holdings forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?

126.0%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: PKOH is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2%).

Earnings vs Market: PKOH is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: PKOH's is expected to become profitable in the next 3 years.

Revenue vs Market: PKOH's revenue (7.6% per year) is forecast to grow slower than the US market (10.5% per year).

High Growth Revenue: PKOH's revenue (7.6% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: PKOH's Return on Equity is forecast to be low in 3 years time (10.4%).


Next Steps

Past Performance

How has Park-Ohio Holdings performed over the past 5 years?

-9.5%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: PKOH is currently unprofitable.

Growing Profit Margin: PKOH is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: PKOH is unprofitable, and losses have increased over the past 5 years at a rate of 9.5% per year.

Accelerating Growth: Unable to compare PKOH's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: PKOH is unprofitable, making it difficult to compare its past year earnings growth to the Machinery industry (-15.5%).


Return on Equity

High ROE: PKOH has a negative Return on Equity (-0.84%), as it is currently unprofitable.


Next Steps

Financial Health

How is Park-Ohio Holdings's financial position?


Financial Position Analysis

Short Term Liabilities: PKOH's short term assets ($689.1M) exceed its short term liabilities ($283.6M).

Long Term Liabilities: PKOH's short term assets ($689.1M) exceed its long term liabilities ($650.9M).


Debt to Equity History and Analysis

Debt Level: PKOH's debt to equity ratio (160.1%) is considered high.

Reducing Debt: PKOH's debt to equity ratio has reduced from 209.1% to 160.1% over the past 5 years.

Debt Coverage: PKOH's debt is not well covered by operating cash flow (11.8%).

Interest Coverage: PKOH is unprofitable, therefore interest payments are not well covered by earnings.


Balance Sheet


Next Steps

Dividend

What is Park-Ohio Holdings's current dividend yield, its reliability and sustainability?

1.60%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: PKOH's dividend (1.6%) is higher than the bottom 25% of dividend payers in the US market (1.37%).

High Dividend: PKOH's dividend (1.6%) is low compared to the top 25% of dividend payers in the US market (3.86%).


Stability and Growth of Payments

Stable Dividend: PKOH has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: PKOH has only been paying a dividend for 7 years, and since then payments have not increased.


Current Payout to Shareholders

Dividend Coverage: PKOH is paying a dividend but the company is unprofitable.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

5.6yrs

Average management tenure


CEO

Matthew Crawford (50 yo)

2.67yrs

Tenure

US$6,554,966

Compensation

Mr. Matthew V. Crawford is a Strategic Advisor, Founding Investor and Executive Advisor at Resilience Capital Partners LLC and focus on industrial sector. Mr. Crawford serves as President at Park-Ohio Hold...


CEO Compensation Analysis

Compensation vs Market: Matthew's total compensation ($USD6.55M) is above average for companies of similar size in the US market ($USD1.64M).

Compensation vs Earnings: Matthew's compensation has increased whilst the company is unprofitable.


Leadership Team

NamePositionTenureCompensationOwnership
Matthew Crawford
Chairman2.67yrsUS$6.55m22.74%
$ 85.2m
Patrick Fogarty
VP & CFO5.58yrsUS$1.48m0.90%
$ 3.4m
Robert Vilsack
Chief Legal Officer19yrsUS$1.36m1.2%
$ 4.5m

5.6yrs

Average Tenure

59yo

Average Age

Experienced Management: PKOH's management team is seasoned and experienced (5.6 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Matthew Crawford
Chairman2.67yrsUS$6.55m22.74%
$ 85.2m
John Grampa
Independent Director5.5yrsUS$188.15k0.059%
$ 219.7k
Patrick Auletta
Independent Director17yrsUS$166.15k0.16%
$ 617.4k
Daniel Moore
Independent Director17.67yrsUS$166.15k0.52%
$ 2.0m
James Wert
Independent Vice Chairman & Lead Director19yrsUS$188.15k0.86%
$ 3.2m
Steven Rosen
Independent Director9.17yrsUS$175.15k0.25%
$ 947.0k
Ronna Romney
Independent Director20yrsUS$183.15k0.18%
$ 681.7k
Howard Hanna
Independent Director2.33yrsUS$166.15k0.084%
$ 316.1k

13.1yrs

Average Tenure

70.5yo

Average Age

Experienced Board: PKOH's board of directors are seasoned and experienced ( 13.1 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: PKOH insiders have only sold shares 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

Park-Ohio Holdings Corp.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Park-Ohio Holdings Corp.
  • Ticker: PKOH
  • Exchange: NasdaqGS
  • Founded: 1907
  • Industry: Industrial Machinery
  • Sector: Capital Goods
  • Market Cap: US$374.488m
  • Shares outstanding: 11.93m
  • Website: https://www.pkoh.com

Number of Employees


Location

  • Park-Ohio Holdings Corp.
  • 6065 Parkland Boulevard
  • Cleveland
  • Ohio
  • 44124
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
PKOHNasdaqGS (Nasdaq Global Select)YesCommon StockUSUSDDec 1972

Biography

Park-Ohio Holdings Corp. provides supply chain management outsourcing services, capital equipment, and manufactured components in the United States, Europe, Asia, Mexico, Canada, and internationally. It op...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/01/21 23:01
End of Day Share Price2021/01/21 00:00
Earnings2020/09/30
Annual Earnings2019/12/31


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.