FreightCar America
Market Cap
US$21.2m
Last Updated
2020/02/21 01:05 UTC
Data Sources
Company Financials +
Executive Summary
FreightCar America, Inc., through its subsidiaries, designs, manufactures, and sells railcars for the transportation of bulk commodities and containerized freight products primarily in North America.
Snowflake Analysis
Excellent balance sheet and overvalued.
Similar Companies
Share Price & News
How has FreightCar America's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: RAIL's share price has been volatile over the past 3 months.
Market Performance
7 Day Return
0%
RAIL
-1.4%
US Machinery
0.5%
US Market
1 Year Return
-80.2%
RAIL
9.4%
US Machinery
20.3%
US Market
Return vs Industry: RAIL underperformed the US Machinery industry which returned 9.4% over the past year.
Return vs Market: RAIL underperformed the US Market which returned 20.3% over the past year.
Shareholder returns
| RAIL | Industry | Market | |
|---|---|---|---|
| 7 Day | 0% | -1.4% | 0.5% |
| 30 Day | -2.9% | -1.7% | 2.0% |
| 90 Day | -20.5% | 1.4% | 9.4% |
| 1 Year | -80.2%-80.2% | 11.4%9.4% | 22.8%20.3% |
| 3 Year | -88.5%-88.6% | 37.8%29.0% | 50.1%40.4% |
| 5 Year | -94.4%-94.7% | 61.4%42.3% | 73.1%54.1% |
Price Volatility Vs. Market
How volatile is FreightCar America's share price compared to the market and industry in the last 5 years?
Simply Wall St News
3 weeks ago | Simply Wall St
Who Has Been Buying FreightCar America, Inc. (NASDAQ:RAIL) Shares?1 month ago | Simply Wall St
Is FreightCar America, Inc.'s (NASDAQ:RAIL) CEO Salary Justified?2 months ago | Simply Wall St
What Kind Of Investor Owns Most Of FreightCar America, Inc. (NASDAQ:RAIL)?Valuation
Is FreightCar America undervalued compared to its fair value and its price relative to the market?
0.16x
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate RAIL's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate RAIL's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: RAIL is unprofitable, so we can't compare its PE Ratio to the Machinery industry average.
PE vs Market: RAIL 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 RAIL's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: RAIL is good value based on its PB Ratio (0.2x) compared to the US Machinery industry average (2.2x).
Next Steps
Future Growth
How is FreightCar America forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
103.1%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: RAIL is forecast to remain unprofitable over the next 3 years.
Earnings vs Market: RAIL is forecast to remain unprofitable over the next 3 years.
High Growth Earnings: RAIL is forecast to remain unprofitable over the next 3 years.
Revenue vs Market: RAIL's revenue is expected to decline over the next 3 years (-1.9% per year).
High Growth Revenue: RAIL's revenue is forecast to decline over the next 3 years (-1.9% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if RAIL's Return on Equity is forecast to be high in 3 years time
Next Steps
Past Performance
How has FreightCar America performed over the past 5 years?
-64.7%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: RAIL is currently unprofitable.
Growing Profit Margin: RAIL is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: RAIL is unprofitable, and losses have increased over the past 5 years at a rate of -64.7% per year.
Accelerating Growth: Unable to compare RAIL's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: RAIL is unprofitable, making it difficult to compare its past year earnings growth to the Machinery industry (1.5%).
Return on Equity
High ROE: RAIL has a negative Return on Equity (-70.79%), as it is currently unprofitable.
Return on Assets
Return on Capital Employed
Next Steps
Financial Health
How is FreightCar America's financial position?
Financial Position Analysis
Short Term Liabilities: RAIL's short term assets ($132.0M) exceed its short term liabilities ($61.7M).
Long Term Liabilities: RAIL's short term assets ($132.0M) exceed its long term liabilities ($98.6M).
Debt to Equity History and Analysis
Debt Level: RAIL's debt to equity ratio (7.9%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if RAIL's debt to equity ratio has reduced over the past 5 years.
Balance Sheet
Inventory Level: RAIL has a high level of physical assets or inventory.
Debt Coverage by Assets: RAIL's debt is covered by short term assets (assets are 12.9x debt).
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: RAIL has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: RAIL has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of -2.5% each year
Next Steps
Dividend
What is FreightCar America's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: Unable to evaluate RAIL's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate RAIL'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 RAIL's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if RAIL's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: RAIL is not paying a notable dividend for the US market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of RAIL's dividend in 3 years as they are not forecast to pay a notable one for the US market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
3.1yrs
Average management tenure
CEO
Jim Meyer (57yo)
2.6yrs
Tenure
US$1,061,377
Compensation
Mr. James R. Meyer, also known as Jim, has been Chief Executive Officer and President at FreightCar America, Inc. since July 31, 2017. Mr. Meyer served as the Chief Operating Officer of REV Group, Inc. (al ...
CEO Compensation Analysis
Compensation vs Market: Jim's total compensation ($USD1.06M) is above average for companies of similar size in the US market ($USD521.92K).
Compensation vs Earnings: Jim's compensation has been consistent with company performance over the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 2.6yrs | US$1.06m | 1.47% $311.5k | |
| VP of Finance | 0.8yrs | no data | 0.99% $209.2k | |
| Head of Financial Planning & Analysis and Investor Relations | 0yrs | no data | no data | |
| VP of Human Resources | 4.2yrs | US$369.48k | 0.68% $144.5k | |
| Senior Vice President of Railcar Sales & Marketing | 0.7yrs | no data | no data | |
| Vice President & Corporate Controller | 7.8yrs | no data | 0.48% $101.4k | |
| Vice President of New Product Development | 6.3yrs | no data | no data | |
| Vice President of Manufacturing - Shoals | 3.7yrs | no data | no data | |
| VP & GM of Leasing | 1.5yrs | no data | no data |
3.1yrs
Average Tenure
57.5yo
Average Age
Experienced Management: RAIL's management team is considered experienced (3.1 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 2.6yrs | US$1.06m | 1.47% $311.5k | |
| Independent Director | 7.3yrs | US$111.00k | 0.53% $112.7k | |
| Non-Executive Chairman | 7.1yrs | US$174.00k | 0.39% $81.8k | |
| Independent Director | 14.2yrs | US$113.64k | 0.32% $68.4k | |
| Independent Director | 4.9yrs | US$111.00k | 0.20% $43.3k | |
| Independent Director | 20.7yrs | US$104.00k | 0.35% $74.8k | |
| Director | 0.5yrs | no data | 0.078% $16.4k |
7.1yrs
Average Tenure
69.5yo
Average Age
Experienced Board: RAIL's board of directors are considered experienced (7.1 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
FreightCar America, Inc.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: FreightCar America, Inc.
- Ticker: RAIL
- Exchange: NasdaqGS
- Founded: 1901
- Industry: Construction Machinery and Heavy Trucks
- Sector: Capital Goods
- Market Cap: US$21.188m
- Shares outstanding: 12.69m
- Website: https://www.freightcaramerica.com
Number of Employees
Location
- FreightCar America, Inc.
- Two North Riverside Plaza
- Suite 1300
- Chicago
- Illinois
- 60606
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| RAIL | NasdaqGS (Nasdaq Global Select) | Yes | Common Stock | US | USD | Apr 2005 |
| FAR | DB (Deutsche Boerse AG) | Yes | Common Stock | DE | EUR | Apr 2005 |
Biography
FreightCar America, Inc., through its subsidiaries, designs, manufactures, and sells railcars for the transportation of bulk commodities and containerized freight products primarily in North America. It operates through two segments, Manufacturing and Parts. The company offers a range of freight cars, including open top hoppers, covered hoppers, and gondolas; intermodal flats, such as well cars; and non-intermodal flat cars comprising slab, hot slab, ribbon rail, and bulkhead flats. It also provides stainless steel and hybrid stainless steel, and aluminum-bodied railcars, such as coal cars; and mill gondolas, coil gondolas, triple hoppers, ore hoppers and gondola railcars, ballast hopper cars, aggregate hopper cars, boxcars, woodchip hoppers, aluminum vehicle carriers, intermodal doublestack railcars, and articulated bulk container railcars. In addition, the company sells used railcars; leases, and rebuilds and converts railcars; and sells forged, cast, and fabricated parts for various railcars. It also exports its manufactured railcars to Latin America and the Middle East. The company’s customers primarily include railroads, shippers, and financial institutions. FreightCar America, Inc. was founded in 1901 and is headquartered in Chicago, Illinois.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/02/21 01:05 |
| End of Day Share Price | 2020/02/20 00:00 |
| Earnings | 2019/09/30 |
| 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.