Greenbrier Companies
Market Cap
US$547.6m
Last Updated
2020/04/08 04:26 UTC
Data Sources
Company Financials +
Executive Summary
The Greenbrier Companies, Inc. designs, manufactures, and markets railroad freight car equipment in North America, Europe, and South America.
Rewards
Risk Analysis
Earnings are forecast to decline by an average of -5.1% per year for the next 3 years
+ 2 more risks
Snowflake Analysis
Undervalued with adequate balance sheet.
Similar Companies
Share Price & News
How has Greenbrier Companies's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: GBX's share price has been volatile over the past 3 months.
Market Performance
7 Day Return
1.4%
GBX
2.9%
US Machinery
2.4%
US Market
1 Year Return
-49.3%
GBX
-19.5%
US Machinery
-10.0%
US Market
Return vs Industry: GBX underperformed the US Machinery industry which returned -23.5% over the past year.
Return vs Market: GBX underperformed the US Market which returned -13.3% over the past year.
Shareholder returns
| GBX | Industry | Market | |
|---|---|---|---|
| 7 Day | 1.4% | 2.9% | 2.4% |
| 30 Day | -7.1% | -13.4% | -11.0% |
| 90 Day | -39.9% | -26.7% | -19.4% |
| 1 Year | -47.5%-49.3% | -17.2%-19.5% | -8.1%-10.0% |
| 3 Year | -59.8%-62.7% | 2.3%-5.2% | 17.3%9.6% |
| 5 Year | -71.3%-74.5% | 25.6%9.6% | 36.1%21.1% |
Price Volatility Vs. Market
How volatile is Greenbrier Companies's share price compared to the market and industry in the last 5 years?
Simply Wall St News
5 days ago | Simply Wall St
What Is Greenbrier Companies's (NYSE:GBX) P/E Ratio After Its Share Price Tanked?2 weeks ago | Simply Wall St
Investors Who Bought Greenbrier Companies (NYSE:GBX) Shares Five Years Ago Are Now Down 74%4 weeks ago | Simply Wall St
What Is Greenbrier Companies's (NYSE:GBX) P/E Ratio After Its Share Price Tanked?Valuation
Is Greenbrier Companies undervalued compared to its fair value and its price relative to the market?
>50%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: GBX ($14.36) is trading below our estimate of fair value ($46.95)
Significantly Below Fair Value: GBX is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: GBX is good value based on its PE Ratio (7.7x) compared to the Machinery industry average (15.2x).
PE vs Market: GBX is good value based on its PE Ratio (7.7x) compared to the US market (12.5x).
Price to Earnings Growth Ratio
PEG Ratio: GBX's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: GBX is good value based on its PB Ratio (0.4x) compared to the US Machinery industry average (1.6x).
Next Steps
Future Growth
How is Greenbrier Companies forecast to perform in the next 1 to 3 years based on estimates from 6 analysts?
-14.8%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: GBX's earnings are forecast to decline over the next 3 years (-5.1% per year).
Earnings vs Market: GBX's earnings are forecast to decline over the next 3 years (-5.1% per year).
High Growth Earnings: GBX's earnings are forecast to decline over the next 3 years.
Revenue vs Market: GBX's revenue is expected to decline over the next 3 years (-11.8% per year).
High Growth Revenue: GBX's revenue is forecast to decline over the next 3 years (-11.8% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if GBX's Return on Equity is forecast to be high in 3 years time
Next Steps
Past Performance
How has Greenbrier Companies performed over the past 5 years?
-16.2%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: GBX has high quality earnings.
Growing Profit Margin: GBX's current net profit margins (1.9%) are lower than last year (5.6%).
Past Earnings Growth Analysis
Earnings Trend: GBX's earnings have declined by -16.2% per year over the past 5 years.
Accelerating Growth: GBX's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: GBX had negative earnings growth (-57.6%) over the past year, making it difficult to compare to the Machinery industry average (-1.6%).
Return on Equity
High ROE: GBX's Return on Equity (7.1%) is considered low.
Next Steps
Financial Health
How is Greenbrier Companies's financial position?
Financial Position Analysis
Short Term Liabilities: GBX's short term assets ($1.5B) exceed its short term liabilities ($518.9M).
Long Term Liabilities: GBX's short term assets ($1.5B) exceed its long term liabilities ($925.3M).
Debt to Equity History and Analysis
Debt Level: GBX's debt to equity ratio (56.3%) is considered high.
Reducing Debt: GBX's debt to equity ratio has reduced from 82.2% to 56.3% over the past 5 years.
Debt Coverage: GBX's debt is not well covered by operating cash flow (0.7%).
Interest Coverage: GBX's interest payments on its debt are well covered by EBIT (4.8x coverage).
Balance Sheet
Next Steps
Dividend
What is Greenbrier Companies's current dividend yield, its reliability and sustainability?
6.43%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: GBX's dividend (7.52%) is higher than the bottom 25% of dividend payers in the US market (2.01%).
High Dividend: GBX's dividend (7.52%) is in the top 25% of dividend payers in the US market (5.66%)
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, GBX has been paying a dividend for less than 10 years.
Growing Dividend: GBX's dividend payments have increased, but the company has only paid a dividend for 6 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (53.6%), GBX's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
7.5yrs
Average management tenure
CEO
Bill Furman (75yo)
26.25s
Tenure
US$7,851,446
Compensation
Mr. William A. Furman, also known as Bill, has been Chief Executive Officer and President at The Greenbrier Companies at Gunderson, LLC since 1994. Mr. Furman serves as Principal Executive Officer and Mana ...
CEO Compensation Analysis
Compensation vs Market: Bill's total compensation ($USD7.85M) is above average for companies of similar size in the US market ($USD2.21M).
Compensation vs Earnings: Bill's compensation has been consistent with company performance over the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & CEO | 26.25yrs | US$7.85m | 0.70% $3.8m | |
| President & COO | 0.67yr | US$2.37m | 0.18% $1.0m | |
| Senior VP | 1.67yrs | US$1.09m | 0.026% $141.5k | |
| Executive Vice President of Sales & Marketing | 2yrs | US$1.61m | 0.090% $492.0k | |
| Executive VP and Chief Commercial & Leasing Officer | 27.25yrs | US$2.26m | 0.20% $1.1m | |
| Executive VP & President of Greenbrier Manufacturing Operations | 14.67yrs | US$3.41m | 0.084% $461.4k | |
| VP of Corporate Finance & Treasurer | 3.25yrs | no data | no data | |
| Senior VP | 11.92yrs | US$1.56m | 0.10% $567.1k | |
| Senior Vice President of External Affairs & Communications | 7.5yrs | no data | no data | |
| Senior Vice President of Human Resources | no data | no data | no data |
7.5yrs
Average Tenure
62yo
Average Age
Experienced Management: GBX's management team is seasoned and experienced (7.5 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & CEO | 26.25yrs | US$7.85m | 0.70% $3.8m | |
| Lead Director | 6.25yrs | US$323.33k | 0.15% $844.6k | |
| Independent Director | 15.67yrs | US$253.33k | 0.12% $643.9k | |
| Director | 0.50yr | US$57.72k | 0.061% $332.1k | |
| Independent Director | 14.58yrs | US$348.33k | 0.12% $640.2k | |
| Independent Director | 5yrs | US$417.08k | 0.055% $303.4k | |
| Independent Director | 4.75yrs | US$258.33k | 0.018% $98.6k | |
| Independent Director | 13.5yrs | US$273.33k | 0.078% $426.9k | |
| Independent Director | 2.83yrs | US$245.83k | 0.011% $58.0k | |
| Independent Director | 2.83yrs | US$243.33k | 0.012% $68.1k |
5.6yrs
Average Tenure
69.5yo
Average Age
Experienced Board: GBX's board of directors are considered experienced (5.6 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: GBX insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 2.9%.
Top Shareholders
Company Information
The Greenbrier Companies, Inc.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: The Greenbrier Companies, Inc.
- Ticker: GBX
- Exchange: NYSE
- Founded: 1974
- Industry: Construction Machinery and Heavy Trucks
- Sector: Capital Goods
- Market Cap: US$547.618m
- Shares outstanding: 32.60m
- Website: https://www.gbrx.com
Number of Employees
Location
- The Greenbrier Companies, Inc.
- One Centerpointe Drive
- Suite 200
- Lake Oswego
- Oregon
- 97035
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| GBX | NYSE (New York Stock Exchange) | Yes | Common Stock | US | USD | Jul 1994 |
| G90 | DB (Deutsche Boerse AG) | Yes | Common Stock | DE | EUR | Jul 1994 |
| GBX * | BMV (Bolsa Mexicana de Valores) | Yes | Common Stock | MX | MXN | Jul 1994 |
| G90 | BRSE (Berne Stock Exchange) | Yes | Common Stock | CH | CHF | Jul 1994 |
Biography
The Greenbrier Companies, Inc. designs, manufactures, and markets railroad freight car equipment in North America, Europe, and South America. The company operates in three segments: Manufacturing; Wheels, Repair & Parts; and Leasing & Services. The Manufacturing segment offers conventional railcars, such as covered hopper cars, boxcars, center partition cars, and bulkhead flat cars; tank cars; double-stack intermodal railcars; auto-max and multi-max products for the transportation of light vehicles; pressurized tank cars, non-pressurized tank cars, flat cars, coil cars, gondolas, sliding wall cars, and automobile transporter cars; and marine vessels, including conventional deck barges, double-hull tank barges, railcar/deck barges, barges for aggregates, and other heavy industrial products and dump barges. The Wheels & Parts segment provides wheel services, including reconditioning of wheels and axles, new axle machining and finishing, and downsizing; operates a railcar repair, refurbishment, and maintenance network; and reconditions and manufactures railcar cushioning units, couplers, yokes, side frames, bolsters, and various other parts, as well as produces roofs, doors, and associated parts for boxcars. The Leasing & Services segment offers operating leases and ‘by the mile’ leases for a fleet of approximately 9,400 railcars; and management services comprising railcar maintenance management, railcar accounting services, fleet management, administration, and railcar remarketing. This segment owns or provides management services to a fleet of approximately 380,000 railcars for railroads, shippers, carriers, institutional investors, and other leasing and transportation companies. The Greenbrier Companies, Inc. serves railroads, leasing companies, financial institutions, shippers, carriers, and transportation companies. The company was founded in 1974 and is headquartered in Lake Oswego, Oregon.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/04/08 04:26 |
| End of Day Share Price | 2020/04/07 00:00 |
| Earnings | 2019/11/30 |
| Annual Earnings | 2019/08/31 |
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.