CNH Industrial N.V. designs, produces, markets, sells, and finances agricultural and construction equipment, trucks, commercial vehicles, buses, and specialty vehicles in North America, Europe, South America, and internationally. More Details
Excellent balance sheet with limited growth.
Share Price & News
How has CNH Industrial's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: CNHI is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: CNHI's weekly volatility (5%) has been stable over the past year.
7 Day Return
1 Year Return
Return vs Industry: CNHI exceeded the US Machinery industry which returned 46.5% over the past year.
Return vs Market: CNHI exceeded the US Market which returned 34.4% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is CNH Industrial's share price compared to the market and industry in the last 5 years?
Simply Wall St News
3 days ago | Simply Wall StIs CNH Industrial N.V.'s (NYSE:CNHI) 6.2% ROE Worse Than Average?
3 weeks ago | Simply Wall StThere's Been No Shortage Of Growth Recently For CNH Industrial's (NYSE:CNHI) Returns On Capital
1 month ago | Simply Wall StDid You Miss CNH Industrial's (NYSE:CNHI) Impressive 143% Share Price Gain?
Is CNH Industrial undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: CNHI ($16.86) is trading above our estimate of fair value ($10.17)
Significantly Below Fair Value: CNHI is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: CNHI is poor value based on its PE Ratio (71.1x) compared to the US Machinery industry average (31x).
PE vs Market: CNHI is poor value based on its PE Ratio (71.1x) compared to the US market (17.9x).
Price to Earnings Growth Ratio
PEG Ratio: CNHI is poor value based on its PEG Ratio (5x)
Price to Book Ratio
PB vs Industry: CNHI is overvalued based on its PB Ratio (3.8x) compared to the US Machinery industry average (2.8x).
How is CNH Industrial forecast to perform in the next 1 to 3 years based on estimates from 12 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: CNHI's forecast earnings growth (14.1% per year) is above the savings rate (2%).
Earnings vs Market: CNHI's earnings (14.1% per year) are forecast to grow slower than the US market (15% per year).
High Growth Earnings: CNHI's earnings are forecast to grow, but not significantly.
Revenue vs Market: CNHI's revenue (2.2% per year) is forecast to grow slower than the US market (9.2% per year).
High Growth Revenue: CNHI's revenue (2.2% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: CNHI's Return on Equity is forecast to be high in 3 years time (26%)
How has CNH Industrial performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: CNHI has a large one-off loss of $1.7B impacting its June 30 2021 financial results.
Growing Profit Margin: CNHI's current net profit margins (1%) are lower than last year (4.1%).
Past Earnings Growth Analysis
Earnings Trend: CNHI has become profitable over the past 5 years, growing earnings by 12.5% per year.
Accelerating Growth: CNHI's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: CNHI had negative earnings growth (-69.1%) over the past year, making it difficult to compare to the Machinery industry average (6.6%).
Return on Equity
High ROE: CNHI's Return on Equity (6.2%) is considered low.
How is CNH Industrial's financial position?
Financial Position Analysis
Short Term Liabilities: CNHI's short term assets ($35.9B) exceed its short term liabilities ($7.3B).
Long Term Liabilities: CNHI's short term assets ($35.9B) exceed its long term liabilities ($35.9B).
Debt to Equity History and Analysis
Debt Level: CNHI's debt to equity ratio (396.5%) is considered high.
Reducing Debt: CNHI's debt to equity ratio has reduced from 591.6% to 396.5% over the past 5 years.
Debt Coverage: CNHI's debt is well covered by operating cash flow (26.4%).
Interest Coverage: CNHI's interest payments on its debt are well covered by EBIT (15.2x coverage).
What is CNH Industrial current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: CNHI's dividend (0.77%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.32%).
High Dividend: CNHI's dividend (0.77%) is low compared to the top 25% of dividend payers in the US market (3.57%).
Stability and Growth of Payments
Stable Dividend: CNHI has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: CNHI has only been paying a dividend for 7 years, and since then payments have fallen.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (56.8%), CNHI's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: CNHI's dividends in 3 years are forecast to be well covered by earnings (17% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Scott Wine (54 yo)
Mr. Scott Wellington Wine has been Chief Executive Officer of CNH Industrial N.V. since January 4, 2021 and serves as its Director since April 2021. Mr. Wine has been an Independent Director at U.S. Bancor...
Experienced Management: CNHI's management team is not considered experienced ( 1 years average tenure), which suggests a new team.
Experienced Board: CNHI's board of directors are not considered experienced ( 2.3 years average tenure), which suggests a new board.
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
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
CNH Industrial N.V.'s company bio, employee growth, exchange listings and data sources
- Name: CNH Industrial N.V.
- Ticker: CNHI
- Exchange: NYSE
- Founded: NaN
- Industry: Agricultural and Farm Machinery
- Sector: Capital Goods
- Market Cap: US$22.846b
- Shares outstanding: 1.35b
- Website: https://www.cnhindustrial.com
Number of Employees
- CNH Industrial N.V.
- 25 St. James's Street
- Greater London
- SW1A 1HA
- United Kingdom
CNH Industrial N.V. designs, produces, markets, sells, and finances agricultural and construction equipment, trucks, commercial vehicles, buses, and specialty vehicles in North America, Europe, South Ameri...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/08/03 23:44|
|End of Day Share Price||2021/08/03 00:00|
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.