CNHI Stock Overview
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.
CNH Industrial Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||US$16.88|
|52 Week High||US$19.22|
|52 Week Low||US$10.79|
|1 Month Change||-1.34%|
|3 Month Change||2.37%|
|1 Year Change||55.15%|
|3 Year Change||61.53%|
|5 Year Change||89.03%|
|Change since IPO||35.04%|
Recent News & Updates
CNH Industrial: Ready To Cash In On The 'Grief Of U.S. Farmers'
In addition to the energy crisis and high inflation, I believe that the United States and some other countries are on the verge of an agricultural crisis. I think CNH Industrial is well-positioned and still cheap enough to give investors the opportunity to profit from the "farmers' grief", as cynical as that may sound. CNH is in the process of spinning off its on-highway business, which will create a pure-play off-highway company - the ag cycle is now firmly in the company's favor. CNHI seems to be financially sound and relatively cheap. I recommend paying attention to this stock at its current price levels.
CNH Industrial (NYSE:CNHI) Is Experiencing Growth In Returns On Capital
If you're looking for a multi-bagger, there's a few things to keep an eye out for. One common approach is to try and...
CNH Industrial (NYSE:CNHI) Seems To Use Debt Quite Sensibly
The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
CNH Industrial - Not Good Enough
CNH Industrial is one of the world's largest producers of agriculture and transportation machinery in the world. The company has great assets but fails to present investors with a clear investment case. My biggest concern is that the stock will continue to underperform, which is why I advise investors to ignore the stock for the time being.
|CNHI||US Machinery||US Market|
Return vs Industry: CNHI exceeded the US Machinery industry which returned 17.8% over the past year.
Return vs Market: CNHI exceeded the US Market which returned 23.3% over the past year.
|CNHI Average Weekly Movement||4.1%|
|Machinery Industry Average Movement||4.8%|
|Market Average Movement||6.0%|
|10% most volatile stocks in US Market||15.0%|
|10% least volatile stocks in US Market||2.3%|
Stable Share Price: CNHI is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: CNHI's weekly volatility (4%) has been stable over the past year.
About the Company
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. It operates through five segments: Agriculture, Construction, Commercial and Specialty Vehicles, Powertrain, and Financial. The Agriculture segment offers farm machinery and implements that include 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, K-Line, and JF brands.
CNH Industrial Fundamentals Summary
|CNHI fundamental statistics|
Is CNHI overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|CNHI income statement (TTM)|
|Cost of Revenue||US$25.17b|
Last Reported Earnings
Sep 30, 2021
Next Earnings Date
|Earnings per share (EPS)||1.17|
|Net Profit Margin||4.82%|
How did CNHI perform over the long term?See historical performance and comparison
0.7%Current Dividend Yield
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 ($16.88) is trading above our estimate of fair value ($10.44)
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 (14.4x) compared to the US Machinery industry average (29.7x).
PE vs Market: CNHI is good value based on its PE Ratio (14.4x) compared to the US market (17.1x).
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 (3.7x) 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 11 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: CNHI's forecast earnings growth (2.9% per year) is above the savings rate (2%).
Earnings vs Market: CNHI's earnings (2.9% per year) are forecast to grow slower than the US market (14.3% per year).
High Growth Earnings: CNHI's earnings are forecast to grow, but not significantly.
Revenue vs Market: CNHI's revenue (5.3% per year) is forecast to grow slower than the US market (10.1% per year).
High Growth Revenue: CNHI's revenue (5.3% 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 high in 3 years time (26.9%)
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 became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: CNHI has become profitable over the past 5 years, growing earnings by 13.3% per year.
Accelerating Growth: CNHI has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: CNHI has become profitable in the last year, making it difficult to compare its past year earnings growth to the Machinery industry (32%).
Return on Equity
High ROE: Whilst CNHI's Return on Equity (26.06%) 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 ($34.4B) exceed its short term liabilities ($10.3B).
Long Term Liabilities: CNHI's short term assets ($34.4B) exceed its long term liabilities ($31.1B).
Debt to Equity History and Analysis
Debt Level: CNHI's net debt to equity ratio (273.5%) is considered high.
Reducing Debt: CNHI's debt to equity ratio has reduced from 587% to 377.9% over the past 5 years.
Debt Coverage: CNHI's debt is not well covered by operating cash flow (19.6%).
Interest Coverage: CNHI's interest payments on its debt are well covered by EBIT (15.7x coverage).
What is CNH Industrial current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: CNHI's dividend (0.73%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.33%).
High Dividend: CNHI's dividend (0.73%) 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 8 years, and since then payments have fallen.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (11.5%), CNHI's dividend payments are thoroughly covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: CNHI's dividends in 3 years are forecast to be well covered by earnings (19.6% 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 ( 0.8 years average tenure), which suggests a new team.
Experienced Board: CNHI's board of directors are not considered experienced ( 2.6 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 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$22.860b
- 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
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/11/30 00:26|
|End of Day Share Price||2021/11/29 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.