CNH Industrial N.V. designs, produces, markets, sells, and finances agricultural and construction equipment, trucks, commercial vehicles, buses, specialty vehicles, and powertrain products in North America, Europe, South America, and internationally.
Adequate balance sheet with proven track record.
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's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: CNHI underperformed the US Machinery industry which returned -22.4% over the past year.
Return vs Market: CNHI underperformed the US Market which returned -10.7% over the past year.
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 weeks ago | Simply Wall StIs CNH Industrial (NYSE:CNHI) A Risky Investment?
1 month ago | Simply Wall StWhy CNH Industrial N.V. (NYSE:CNHI) Is A Top Dividend Stock
1 month ago | Simply Wall StHave Insiders Been Selling CNH Industrial N.V. (NYSE:CNHI) Shares This Year?
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 ($5.61) is trading above our estimate of fair value ($4.81)
Significantly Below Fair Value: CNHI is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: CNHI is good value based on its PE Ratio (5.3x) compared to the Machinery industry average (15.5x).
PE vs Market: CNHI is good value based on its PE Ratio (5.3x) compared to the US market (13.1x).
Price to Earnings Growth Ratio
PEG Ratio: CNHI's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: CNHI is good value based on its PB Ratio (1.2x) compared to the US Machinery industry average (1.6x).
How is CNH Industrial forecast to perform in the next 1 to 3 years based on estimates from 10 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: CNHI's earnings are forecast to decline over the next 3 years (-8.1% per year).
Earnings vs Market: CNHI's earnings are forecast to decline over the next 3 years (-8.1% per year).
High Growth Earnings: CNHI's earnings are forecast to decline over the next 3 years.
Revenue vs Market: CNHI's revenue (0.3% per year) is forecast to grow slower than the US market (7.2% per year).
High Growth Revenue: CNHI's revenue (0.3% 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 low in 3 years time (14.2%).
How has CNH Industrial performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: CNHI has high quality earnings.
Growing Profit Margin: CNHI's current net profit margins (5.1%) are higher than last year (3.6%).
Past Earnings Growth Analysis
Earnings Trend: CNHI's earnings have grown significantly by 39.1% per year over the past 5 years.
Accelerating Growth: CNHI's earnings growth over the past year (33.1%) is below its 5-year average (39.1% per year).
Earnings vs Industry: CNHI earnings growth over the past year (33.1%) exceeded the Machinery industry -2%.
Return on Equity
High ROE: Whilst CNHI's Return on Equity (23.62%) is high, this metric is skewed due to their high level of debt.
How is CNH Industrial's financial position?
Financial Position Analysis
Short Term Liabilities: CNHI's short term assets ($32.8B) exceed its short term liabilities ($19.9B).
Long Term Liabilities: CNHI's short term assets ($32.8B) exceed its long term liabilities ($21.3B).
Debt to Equity History and Analysis
Debt Level: CNHI's debt to equity ratio (404.2%) is considered high.
Reducing Debt: CNHI's debt to equity ratio has reduced from 594.4% to 404.2% over the past 5 years.
Debt Coverage: CNHI's debt is not well covered by operating cash flow (7.3%).
Interest Coverage: CNHI's interest payments on its debt are well covered by EBIT (8.3x coverage).
Inventory Level: CNHI has a high level of physical assets or inventory.
Debt Coverage by Assets: CNHI's debt is covered by short term assets (assets are 1.3x debt).
What is CNH Industrial's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: CNHI's dividend (3.57%) is higher than the bottom 25% of dividend payers in the US market (1.95%).
High Dividend: CNHI's dividend (3.57%) is low compared to the top 25% of dividend payers in the US market (5.37%).
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 6 years, and since then payments have fallen.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (19.2%), CNHI's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: CNHI's dividends in 3 years are forecast to be well covered by earnings (33.7% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Suzanne Heywood (50yo)
Ms. Suzanne Heywood is Acting Chief Executive Officer at CNH Industrial N.V. since March 23, 2020. She has been Managing Director of Direct Investments at Exor N.V. since September 13, 2016. Prior to that, ...
|Acting CEO & Executive Chairperson||0.083yr||US$757.17k||0.0085% $662.2k|
|CFO & President of Financial Services||0.083yr||no data||0.0031% $238.4k|
|Chief Technology Officer||0.42yr||no data||no data|
|Head of Investor Relations||no data||no data||no data|
|Chief Compliance Officer & Corporate Secretary||no data||no data||no data|
|Vice President of Corporate Communications||no data||no data||no data|
|Chief Strategy||1.25yrs||no data||0.0041% $319.4k|
|President of Agriculture||no data||no data||0.018% $1.4m|
|GM of North America and Brand President for Case IH & STEYR Agricultural Brands||1.08yrs||no data||no data|
|President of Construction and GM of Asia||0.42yr||no data||0.0033% $259.4k|
Experienced Management: CNHI's management team is not considered experienced ( 0.4 years average tenure), which suggests a new team.
|Acting CEO & Executive Chairperson||0.083yr||US$757.17k||0.0085% $662.2k|
|Non-Executive Independent Director||6.58yrs||US$150.00k||0.0028% $215.0k|
|Non-Executive Independent Director||6.58yrs||US$179.18k||0.0014% $105.9k|
|Senior Independent Non-Executive Director||4yrs||US$171.75k||0.0042% $330.3k|
|Non-Executive Independent Director||4yrs||US$181.48k||no data|
|Non Executive Independent Director||1yr||US$75.00k||0.0011% $82.6k|
|Non-Executive Independent Director||6.58yrs||US$187.35k||no data|
|Non-Executive Director||1yr||US$85.00k||0.025% $1.9m|
Experienced Board: CNHI's board of directors are considered experienced (4 years average tenure).
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
- Industry: Agricultural and Farm Machinery
- Sector: Capital Goods
- Market Cap: US$7.790b
- 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
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|CNHI||BIT (Borsa Italiana)||Yes||Common Shares||IT||EUR||Sep 2013|
|CNHIM||BATS-CHIXE (BATS 'Chi-X Europe')||Yes||Common Shares||GB||EUR||Sep 2013|
|0QGU||LSE (London Stock Exchange)||Yes||Common Shares||GB||EUR||Sep 2013|
|CNHI||NYSE (New York Stock Exchange)||Yes||Common Shares||US||USD||Sep 2013|
|37C||DB (Deutsche Boerse AG)||Yes||Common Shares||DE||EUR||Sep 2013|
|CNHI||WBAG (Wiener Boerse AG)||Yes||Common Shares||AT||EUR||Sep 2013|
CNH Industrial N.V. designs, produces, markets, sells, and finances agricultural and construction equipment, trucks, commercial vehicles, buses, specialty vehicles, and powertrain products in North America, Europe, South America, and internationally. The company’s Agriculture segment offers farm machinery and implements, including two- and four-wheel drive tractors, crawler tractors, combines, cotton pickers, grape and sugar cane harvesters, hay and forage equipment, planting and seeding equipment, soil preparation and cultivation implements, and material handling equipment under the New Holland Agriculture, Case IH, STEYR, Miller, Kongskilde, Överum, and JF brands. Its Construction segment offers excavators, crawler dozers, graders, wheel and backhoe loaders, and skid steer and compact track loaders under the CASE Construction and New Holland Construction brands. The company’s Commercial and Specialty Vehicles segment provides light, medium, and heavy vehicles for the transportation and distribution of goods under the Iveco brand; commuter buses and touring coaches under the IVECO BUS and Heuliez Bus brands; quarry and mining equipment under the IVECO ASTRA brand; firefighting vehicles under the Magirus brand; and vehicles for civil defense and peace-keeping missions under the Iveco Defence Vehicles brand. Its Powertrain segment offers engines, transmission systems, and axles for on- and off-road applications, as well as for marine and power generation under the FPT Industrial brand. The company’s Financial Services segment provides and administers retail financing to customers for the purchase or lease of new and used industrial equipment or vehicles, and other equipment; wholesale financing, which consists primarily of floor plan financing; and trade receivables factoring services. CNH Industrial N.V. is based in London, the United Kingdom.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/04/03 03:53|
|End of Day Share Price||2020/04/02 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.