| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 5/6 |
| Past Performance | 3/6 |
| Financial Health | 6/6 |
| Dividends | 0/6 |
SHYF Stock Overview
The Shyft Group, Inc. manufactures and assembles specialty vehicles for the commercial vehicle and recreational vehicle industries in the United States and internationally.
Shyft Group Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$42.40 |
| 52 Week High | US$54.50 |
| 52 Week Low | US$29.58 |
| Beta | 1.49 |
| 1 Month Change | -12.43% |
| 3 Month Change | 8.55% |
| 1 Year Change | 32.96% |
| 3 Year Change | 424.75% |
| 5 Year Change | 353.48% |
| Change since IPO | 5,624.00% |
Recent News & Updates
I Ran A Stock Scan For Earnings Growth And Shyft Group (NASDAQ:SHYF) Passed With Ease
It's only natural that many investors, especially those who are new to the game, prefer to buy shares in 'sexy' stocks...
Estimating The Intrinsic Value Of The Shyft Group, Inc. (NASDAQ:SHYF)
In this article we are going to estimate the intrinsic value of The Shyft Group, Inc. ( NASDAQ:SHYF ) by taking the...
Shareholder Returns
| SHYF | US Machinery | US Market | |
|---|---|---|---|
| 7D | -9.8% | -5.1% | -6.1% |
| 1Y | 33.0% | 4.6% | 4.2% |
Return vs Industry: SHYF exceeded the US Machinery industry which returned 4.6% over the past year.
Return vs Market: SHYF exceeded the US Market which returned 4.2% over the past year.
Price Volatility
| SHYF volatility | |
|---|---|
| SHYF Average Weekly Movement | 6.8% |
| Machinery Industry Average Movement | 5.1% |
| Market Average Movement | 6.7% |
| 10% most volatile stocks in US Market | 15.5% |
| 10% least volatile stocks in US Market | 2.4% |
Stable Share Price: SHYF is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 7% a week.
Volatility Over Time: SHYF's weekly volatility (7%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1975 | 2,220 | Daryl Adams | https://www.theshyftgroup.com |
The Shyft Group, Inc. manufactures and assembles specialty vehicles for the commercial vehicle and recreational vehicle industries in the United States and internationally. The company’s Fleet Vehicles and Services segment manufactures and sells commercial vehicles that are used in the e-commerce/last mile/parcel delivery, beverage and grocery delivery, laundry and linen, mobile retail, and trades and construction industries. This segment markets its commercial vehicles under the Aeromaster, Velocity, Trademaster, and Utilivan brand names; and vocation-specific equipment upfit services under the Utilimaster Upfit Services and Strobes-R-Us brands.
Shyft Group Fundamentals Summary
| SHYF fundamental statistics | |
|---|---|
| Market Cap | US$1.50b |
| Earnings (TTM) | US$56.52m |
| Revenue (TTM) | US$886.07m |
26.5x
P/E Ratio1.7x
P/S RatioIs SHYF overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| SHYF income statement (TTM) | |
|---|---|
| Revenue | US$886.07m |
| Cost of Revenue | US$702.90m |
| Gross Profit | US$183.17m |
| Expenses | US$126.65m |
| Earnings | US$56.52m |
Last Reported Earnings
Sep 30, 2021
Next Earnings Date
n/a
| Earnings per share (EPS) | 1.60 |
| Gross Margin | 20.67% |
| Net Profit Margin | 6.38% |
| Debt/Equity Ratio | 1.9% |
How did SHYF perform over the long term?
See historical performance and comparisonDividends
0.2%
Current Dividend Yield6%
Payout RatioValuation
Is Shyft Group undervalued compared to its fair value and its price relative to the market?
3.1%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: SHYF ($42.4) is trading below our estimate of fair value ($43.75)
Significantly Below Fair Value: SHYF is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: SHYF is good value based on its PE Ratio (26.5x) compared to the US Machinery industry average (27.7x).
PE vs Market: SHYF is poor value based on its PE Ratio (26.5x) compared to the US market (16.5x).
Price to Earnings Growth Ratio
PEG Ratio: SHYF is poor value based on its PEG Ratio (1x)
Price to Book Ratio
PB vs Industry: SHYF is overvalued based on its PB Ratio (6.1x) compared to the US Machinery industry average (2.6x).
Future Growth
How is Shyft Group forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?
26.3%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: SHYF's forecast earnings growth (26.3% per year) is above the savings rate (2%).
Earnings vs Market: SHYF's earnings (26.3% per year) are forecast to grow faster than the US market (12.9% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: SHYF's revenue (13% per year) is forecast to grow faster than the US market (9.1% per year).
High Growth Revenue: SHYF'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: SHYF's Return on Equity is forecast to be high in 3 years time (23.1%)
Past Performance
How has Shyft Group performed over the past 5 years?
38.3%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: SHYF has high quality earnings.
Growing Profit Margin: SHYF's current net profit margins (6.4%) are lower than last year (6.4%).
Past Earnings Growth Analysis
Earnings Trend: SHYF has become profitable over the past 5 years, growing earnings by 38.3% per year.
Accelerating Growth: SHYF's earnings growth over the past year (28.6%) is below its 5-year average (38.3% per year).
Earnings vs Industry: SHYF earnings growth over the past year (28.6%) underperformed the Machinery industry 34.4%.
Return on Equity
High ROE: SHYF's Return on Equity (23.4%) is considered high.
Financial Health
How is Shyft Group's financial position?
Financial Position Analysis
Short Term Liabilities: SHYF's short term assets ($219.1M) exceed its short term liabilities ($139.8M).
Long Term Liabilities: SHYF's short term assets ($219.1M) exceed its long term liabilities ($43.3M).
Debt to Equity History and Analysis
Debt Level: SHYF has more cash than its total debt.
Reducing Debt: SHYF's debt to equity ratio has reduced from 3.2% to 1.9% over the past 5 years.
Debt Coverage: SHYF's debt is well covered by operating cash flow (1873.6%).
Interest Coverage: SHYF earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
Dividend
What is Shyft Group current dividend yield, its reliability and sustainability?
0.24%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: SHYF's dividend (0.24%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.37%).
High Dividend: SHYF's dividend (0.24%) is low compared to the top 25% of dividend payers in the US market (3.61%).
Stability and Growth of Payments
Stable Dividend: SHYF is not paying a notable dividend for the US market, therefore no need to check if payments are stable.
Growing Dividend: SHYF is not paying a notable dividend for the US market, therefore no need to check if payments are increasing.
Current Payout to Shareholders
Dividend Coverage: SHYF is not paying a notable dividend for the US market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of SHYF'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?
2.8yrs
Average management tenure
CEO
Daryl Adams (59 yo)
6.92yrs
Tenure
US$4,495,767
Compensation
Mr. Daryl M. Adams has been the Chief Executive Officer of The Shyft Group, Inc. (formerly known as Spartan Motors, Inc.) since February 19, 2015 and has been its President since February 2015. Mr. Adams s...
CEO Compensation Analysis
Compensation vs Market: Daryl's total compensation ($USD4.50M) is about average for companies of similar size in the US market ($USD3.74M).
Compensation vs Earnings: Daryl's compensation has been consistent with company performance over the past year.
Leadership Team
Experienced Management: SHYF's management team is considered experienced (2.8 years average tenure).
Board Members
Experienced Board: SHYF's board of directors are considered experienced (3.6 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: SHYF 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
The Shyft Group, Inc.'s employee growth, exchange listings and data sources
Key Information
- Name: The Shyft Group, Inc.
- Ticker: SHYF
- Exchange: NasdaqGS
- Founded: 1975
- Industry: Construction Machinery and Heavy Trucks
- Sector: Capital Goods
- Implied Market Cap: US$1.499b
- Shares outstanding: 35.35m
- Website: https://www.theshyftgroup.com
Number of Employees
Location
- The Shyft Group, Inc.
- 41280 Bridge Street
- Novi
- Michigan
- 48375
- United States
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/01/22 23:30 |
| End of Day Share Price | 2022/01/21 00:00 |
| Earnings | 2021/09/30 |
| Annual Earnings | 2020/12/31 |
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.