CNH Industrial
Market Cap
US$18.0b
Last Updated
2021/01/15 23:40 UTC
Data Sources
Company Financials +
Executive Summary
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. More Details
Rewards
Risk Analysis
Snowflake Analysis
Reasonable growth potential with mediocre balance sheet.
Similar Companies
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 +/- 6% a week.
Volatility Over Time: CNHI's weekly volatility (6%) has been stable over the past year.
Market Performance
7 Day Return
-1.6%
CNHI
-0.7%
US Machinery
-0.9%
US Market
1 Year Return
20.3%
CNHI
21.7%
US Machinery
19.6%
US Market
Return vs Industry: CNHI underperformed the US Machinery industry which returned 24.1% over the past year.
Return vs Market: CNHI matched the US Market which returned 21% over the past year.
Shareholder returns
| CNHI | Industry | Market | |
|---|---|---|---|
| 7 Day | -1.6% | -0.7% | -0.9% |
| 30 Day | 17.8% | 5.9% | 3.0% |
| 90 Day | 56.2% | 15.3% | 11.5% |
| 1 Year | 24.3%20.3% | 24.7%21.7% | 22.3%19.6% |
| 3 Year | -5.2%-10.8% | 28.0%19.0% | 45.3%35.7% |
| 5 Year | 141.6%120.2% | 177.7%147.5% | 124.8%99.9% |
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 weeks ago | Simply Wall St
CNH Industrial (NYSE:CNHI) Use Of Debt Could Be Considered Risky1 month ago | Simply Wall St
What CNH Industrial's (NYSE:CNHI) Returns On Capital Can Tell Us2 months ago | Simply Wall St
A Look At CNH Industrial's (NYSE:CNHI) Share Price ReturnsValuation
Is CNH Industrial undervalued compared to its fair value and its price relative to the market?
3.8x
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: CNHI ($13.32) is trading above our estimate of fair value ($5.38)
Significantly Below Fair Value: CNHI is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: CNHI is unprofitable, so we can't compare its PE Ratio to the US Machinery industry average.
PE vs Market: CNHI 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 CNHI's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: CNHI is overvalued based on its PB Ratio (3.8x) compared to the US Machinery industry average (3.1x).
Next Steps
Future Growth
How is CNH Industrial forecast to perform in the next 1 to 3 years based on estimates from 13 analysts?
66.5%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: CNHI is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2%).
Earnings vs Market: CNHI is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: CNHI's is expected to become profitable in the next 3 years.
Revenue vs Market: CNHI's revenue (8% per year) is forecast to grow slower than the US market (10.2% per year).
High Growth Revenue: CNHI's revenue (8% 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 (21.3%)
Next Steps
Past Performance
How has CNH Industrial performed over the past 5 years?
37.9%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: CNHI is currently unprofitable.
Growing Profit Margin: CNHI is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: CNHI is unprofitable, but has reduced losses over the past 5 years at a rate of 37.9% per year.
Accelerating Growth: Unable to compare CNHI's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: CNHI is unprofitable, making it difficult to compare its past year earnings growth to the Machinery industry (-15.5%).
Return on Equity
High ROE: CNHI has a negative Return on Equity (-10.43%), as it is currently unprofitable.
Next Steps
Financial Health
How is CNH Industrial's financial position?
Financial Position Analysis
Short Term Liabilities: CNHI's short term assets ($32.1B) exceed its short term liabilities ($8.7B).
Long Term Liabilities: CNHI's short term assets ($32.1B) exceed its long term liabilities ($31.6B).
Debt to Equity History and Analysis
Debt Level: CNHI's debt to equity ratio (510.6%) is considered high.
Reducing Debt: CNHI's debt to equity ratio has reduced from 583.6% to 510.6% over the past 5 years.
Debt Coverage: CNHI's debt is not well covered by operating cash flow (19.2%).
Interest Coverage: CNHI is unprofitable, therefore interest payments are not well covered by earnings.
Balance Sheet
Next Steps
Dividend
What is CNH Industrial current dividend yield, its reliability and sustainability?
1.48%
Forecast Dividend Yield
Dividend Yield vs Market
Notable Dividend: Unable to evaluate CNHI's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate CNHI's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if CNHI's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if CNHI's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: CNHI is not paying a notable dividend for the US market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of CNHI'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?
1.2yrs
Average management tenure
CEO
Suzanne Heywood (51 yo)
0.83
Tenure
US$757,174
Compensation
Ms. Suzanne Heywood has been Managing Director at Exor N.V. She served as an Acting Chief Executive Officer at CNH Industrial N.V. since March 23, 2020 until January 4, 2021. Prior to that, Ms. Heywood wor...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairperson | 0.83yr | US$757.17k | 0.040% $ 7.2m | |
| Chief Executive Officer | no data | no data | no data | |
| CFO & President of Financial Services | 0.83yr | no data | 0.0031% $ 549.0k | |
| Chief Technology Officer | 1.17yrs | 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 | 2yrs | no data | 0.0041% $ 736.2k | |
| President of Agriculture | no data | no data | 0.018% $ 3.3m | |
| GM of North America and Brand President for Case IH & STEYR Agricultural Brands | 1.83yrs | no data | no data | |
| President of Construction and GM of Asia | 1.17yrs | no data | 0.0033% $ 599.4k | |
| President of Powertrain | 7.33yrs | no data | 0.0037% $ 673.2k |
1.2yrs
Average Tenure
52yo
Average Age
Experienced Management: CNHI's management team is not considered experienced ( 1.2 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairperson | 0.83yr | US$757.17k | 0.040% $ 7.2m | |
| Non-Executive Independent Director | 7.33yrs | US$150.00k | 0.0028% $ 496.8k | |
| Non-Executive Independent Director | 7.33yrs | US$179.18k | 0.0014% $ 244.8k | |
| Senior Independent Non-Executive Director | 4.75yrs | US$171.75k | 0.0042% $ 763.2k | |
| Independent Director | 0.75yr | no data | 0.0020% $ 360.0k | |
| Non Executive Independent Director | 1.75yrs | US$75.00k | 0.0011% $ 190.8k | |
| Non-Executive Independent Director | 7.33yrs | US$187.35k | no data | |
| Non-Executive Director | 1.75yrs | US$85.00k | 0.026% $ 4.6m | |
| Independent Director | 0.75yr | no data | no data | |
| Independent Director | 0.75yr | no data | 0.0013% $ 237.6k |
2.1yrs
Average Tenure
60.5yo
Average Age
Experienced Board: CNHI's board of directors are not considered experienced ( 2.1 years average tenure), which suggests a new board.
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
CNH Industrial N.V.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: CNH Industrial N.V.
- Ticker: CNHI
- Exchange: NYSE
- Founded:
- Industry: Agricultural and Farm Machinery
- Sector: Capital Goods
- Market Cap: US$18.000b
- Shares outstanding: 1.35b
- Website: https://www.cnhindustrial.com
Number of Employees
Location
- CNH Industrial N.V.
- 25 St. James's Street
- London
- Greater London
- SW1A 1HA
- United Kingdom
Listings
| 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 |
Biography
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...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/01/15 23:40 |
| End of Day Share Price | 2021/01/15 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.