GNRC

Generac HoldingsNYSE:GNRC Stock Report

Market Cap

US$27.5b

7D

-3.5%

1Y

138.3%

Updated

18 Sep, 2021

Data

Company Financials +
GNRC fundamental analysis
Snowflake Score
Valuation0/6
Future Growth4/6
Past Performance6/6
Financial Health5/6
Dividends0/6

GNRC Overview

Generac Holdings Inc. designs, manufactures, and sells power generation equipment, energy storage systems, and other power products for the residential, and light commercial and industrial markets worldwide.

Share Price & News

How has Generac Holdings's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: GNRC is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: GNRC's weekly volatility (4%) has been stable over the past year.


Market Performance


7 Day Return

-3.5%

GNRC

-1.0%

US Electrical

-0.6%

US Market


1 Year Return

138.3%

GNRC

47.9%

US Electrical

33.8%

US Market

Return vs Industry: GNRC exceeded the US Electrical industry which returned 47.9% over the past year.

Return vs Market: GNRC exceeded the US Market which returned 33.8% over the past year.


Shareholder returns

GNRCIndustryMarket
7 Day-3.5%-1.0%-0.6%
30 Day11.1%-1.7%1.6%
90 Day12.7%2.7%4.6%
1 Year138.3%138.3%49.8%47.9%35.8%33.8%
3 Year651.0%651.0%74.5%65.0%60.0%50.1%
5 Year1,158.6%1,158.6%115.2%99.3%123.0%98.7%

Long-Term Price Volatility Vs. Market

How volatile is Generac Holdings's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Generac Holdings Fundamentals Summary

How do Generac Holdings's earnings and revenue compare to its market cap?
GNRC fundamental statistics
Market CapUS$27.48b
Earnings (TTM)US$519.72m
Revenue (TTM)US$3.19b

52.9x

P/E Ratio

8.6x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
GNRC income statement (TTM)
RevenueUS$3.19b
Cost of RevenueUS$1.95b
Gross ProfitUS$1.24b
ExpensesUS$724.49m
EarningsUS$519.72m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)8.32
Gross Margin39.00%
Net Profit Margin16.29%
Debt/Equity Ratio49.7%

How did GNRC perform over the long term?

See historical performance and comparison

Valuation

Is Generac Holdings undervalued compared to its fair value and its price relative to the market?

52.88x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: GNRC ($435.36) is trading above our estimate of fair value ($260.32)

Significantly Below Fair Value: GNRC is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: GNRC is poor value based on its PE Ratio (52.9x) compared to the US Electrical industry average (23.2x).

PE vs Market: GNRC is poor value based on its PE Ratio (52.9x) compared to the US market (17.8x).


Price to Earnings Growth Ratio

PEG Ratio: GNRC is poor value based on its PEG Ratio (3x)


Price to Book Ratio

PB vs Industry: GNRC is overvalued based on its PB Ratio (16.6x) compared to the US Electrical industry average (3.1x).


Future Growth

How is Generac Holdings forecast to perform in the next 1 to 3 years based on estimates from 18 analysts?

17.4%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: GNRC's forecast earnings growth (17.4% per year) is above the savings rate (2%).

Earnings vs Market: GNRC's earnings (17.4% per year) are forecast to grow faster than the US market (14.9% per year).

High Growth Earnings: GNRC's earnings are forecast to grow, but not significantly.

Revenue vs Market: GNRC's revenue (13.6% per year) is forecast to grow faster than the US market (9.8% per year).

High Growth Revenue: GNRC's revenue (13.6% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: GNRC's Return on Equity is forecast to be high in 3 years time (29.8%)


Past Performance

How has Generac Holdings performed over the past 5 years?

31.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: GNRC has high quality earnings.

Growing Profit Margin: GNRC's current net profit margins (16.3%) are higher than last year (11.4%).


Past Earnings Growth Analysis

Earnings Trend: GNRC's earnings have grown significantly by 31.9% per year over the past 5 years.

Accelerating Growth: GNRC's earnings growth over the past year (106%) exceeds its 5-year average (31.9% per year).

Earnings vs Industry: GNRC earnings growth over the past year (106%) exceeded the Electrical industry 22.9%.


Return on Equity

High ROE: GNRC's Return on Equity (30.6%) is considered high.


Financial Health

How is Generac Holdings's financial position?


Financial Position Analysis

Short Term Liabilities: GNRC's short term assets ($1.7B) exceed its short term liabilities ($836.2M).

Long Term Liabilities: GNRC's short term assets ($1.7B) exceed its long term liabilities ($1.2B).


Debt to Equity History and Analysis

Debt Level: GNRC's debt to equity ratio (49.7%) is considered high.

Reducing Debt: GNRC's debt to equity ratio has reduced from 222.6% to 49.7% over the past 5 years.

Debt Coverage: GNRC's debt is well covered by operating cash flow (77.1%).

Interest Coverage: GNRC's interest payments on its debt are well covered by EBIT (23.5x coverage).


Balance Sheet


Dividend

What is Generac Holdings's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate GNRC's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate GNRC'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 GNRC's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if GNRC's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: GNRC is not paying a notable dividend for the US market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of GNRC'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?

4.4yrs

Average management tenure


CEO

Aaron Jagdfeld (49 yo)

13yrs

Tenure

US$6,961,597

Compensation

Mr. Aaron P. Jagdfeld has been the Chief Executive Officer and President at Generac Holdings Inc. since September 30, 2008. Mr. Jagdfeld has been Chairman of Generac Holdings Inc. since February 10, 2016....


CEO Compensation Analysis

Compensation vs Market: Aaron's total compensation ($USD6.96M) is below average for companies of similar size in the US market ($USD11.36M).

Compensation vs Earnings: Aaron's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: GNRC's management team is considered experienced (4.4 years average tenure).


Board Members

Experienced Board: GNRC's board of directors are considered experienced (5.2 years average tenure).


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

Generac Holdings Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Generac Holdings Inc.
  • Ticker: GNRC
  • Exchange: NYSE
  • Founded: 1959
  • Industry: Electrical Components and Equipment
  • Sector: Capital Goods
  • Market Cap: US$27.480b
  • Shares outstanding: 63.12m
  • Website: https://www.generac.com

Number of Employees


Location

  • Generac Holdings Inc.
  • S45 W29290 Highway 59
  • Waukesha
  • Wisconsin
  • 53189
  • United States

Listings


Biography

Generac Holdings Inc. designs, manufactures, and sells power generation equipment, energy storage systems, and other power products for the residential, and light commercial and industrial markets worldwid...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/09/18 22:09
End of Day Share Price2021/09/17 00:00
Earnings2021/06/30
Annual Earnings2020/12/31


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.