Park-Ohio Holdings
Market Cap
US$374.5m
Last Updated
2021/01/21 23:01 UTC
Data Sources
Company Financials +
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
Rewards
Risk Analysis
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
| PKOH | Industry | Market | |
|---|---|---|---|
| 7 Day | -2.1% | -0.3% | 1.4% |
| 30 Day | 5.1% | 7.3% | 4.9% |
| 90 Day | 56.4% | 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 Year | 22.6%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
1 week ago | Simply Wall St
A Look At Park-Ohio Holdings' (NASDAQ:PKOH) Share Price Returns4 weeks ago | Simply Wall St
Looking For Steady Income For Your Dividend Portfolio? Is Park-Ohio Holdings Corp. (NASDAQ:PKOH) A Good Fit?1 month ago | Simply Wall St
Is Park-Ohio Holdings Corp. (NASDAQ:PKOH) Potentially Undervalued?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
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman | 2.67yrs | US$6.55m | 22.74% $ 85.2m | |
| VP & CFO | 5.58yrs | US$1.48m | 0.90% $ 3.4m | |
| Chief Legal Officer | 19yrs | US$1.36m | 1.2% $ 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
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman | 2.67yrs | US$6.55m | 22.74% $ 85.2m | |
| Independent Director | 5.5yrs | US$188.15k | 0.059% $ 219.7k | |
| Independent Director | 17yrs | US$166.15k | 0.16% $ 617.4k | |
| Independent Director | 17.67yrs | US$166.15k | 0.52% $ 2.0m | |
| Independent Vice Chairman & Lead Director | 19yrs | US$188.15k | 0.86% $ 3.2m | |
| Independent Director | 9.17yrs | US$175.15k | 0.25% $ 947.0k | |
| Independent Director | 20yrs | US$183.15k | 0.18% $ 681.7k | |
| Independent Director | 2.33yrs | US$166.15k | 0.084% $ 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
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| PKOH | NasdaqGS (Nasdaq Global Select) | Yes | Common Stock | US | USD | Dec 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
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/01/21 23:01 |
| End of Day Share Price | 2021/01/21 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.