Gorman-Rupp
Market Cap
US$901.5m
Last Updated
2021/06/24 11:56 UTC
Data Sources
Company Financials +
Executive Summary
The Gorman-Rupp Company designs, manufactures, and sells pumps and pump systems worldwide. More Details
Rewards
PE ratio (33.2x) is below the Machinery industry average (34x)
Risk Analysis
GRC passed our risk checks.
Snowflake Analysis
Flawless balance sheet average dividend payer.
Similar Companies
Share Price & News
How has Gorman-Rupp's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: GRC is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: GRC's weekly volatility (4%) has been stable over the past year.
Market Performance
7 Day Return
-1.6%
GRC
-0.7%
US Machinery
0.5%
US Market
1 Year Return
17.3%
GRC
56.8%
US Machinery
42.6%
US Market
Return vs Industry: GRC underperformed the US Machinery industry which returned 56.8% over the past year.
Return vs Market: GRC underperformed the US Market which returned 42.6% over the past year.
Shareholder returns
| GRC | Industry | Market | |
|---|---|---|---|
| 7 Day | -1.6% | -0.7% | 0.5% |
| 30 Day | -3.1% | -3.8% | 1.9% |
| 90 Day | 1.4% | -0.6% | 7.9% |
| 1 Year | 19.4%17.3% | 60.2%56.8% | 44.9%42.6% |
| 3 Year | 8.6%-2.6% | 66.1%56.3% | 64.4%54.1% |
| 5 Year | 45.1%25.9% | 155.9%130.3% | 128.3%102.7% |
Long-Term Price Volatility Vs. Market
How volatile is Gorman-Rupp's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall St
The Gorman-Rupp Company (NYSE:GRC) On An Uptrend: Could Fundamentals Be Driving The Stock?4 weeks ago | Simply Wall St
The Gorman-Rupp Company (NYSE:GRC) Insiders Have Been Selling1 month ago | Simply Wall St
The Gorman-Rupp Company (NYSE:GRC) Is About To Go Ex-Dividend, And It Pays A 1.7% YieldValuation
Is Gorman-Rupp undervalued compared to its fair value and its price relative to the market?
33.21x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: GRC ($34.5) is trading above our estimate of fair value ($22.86)
Significantly Below Fair Value: GRC is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: GRC is good value based on its PE Ratio (33.2x) compared to the US Machinery industry average (34x).
PE vs Market: GRC is poor value based on its PE Ratio (33.2x) compared to the US market (19.2x).
Price to Earnings Growth Ratio
PEG Ratio: GRC is poor value based on its PEG Ratio (1.4x)
Price to Book Ratio
PB vs Industry: GRC is good value based on its PB Ratio (2.8x) compared to the US Machinery industry average (3.1x).
Future Growth
How is Gorman-Rupp forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
23.8%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: GRC's forecast earnings growth (23.8% per year) is above the savings rate (2%).
Earnings vs Market: GRC's earnings (23.8% per year) are forecast to grow faster than the US market (15.7% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: GRC's revenue (7.1% per year) is forecast to grow slower than the US market (9.5% per year).
High Growth Revenue: GRC's revenue (7.1% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if GRC's Return on Equity is forecast to be high in 3 years time
Past Performance
How has Gorman-Rupp performed over the past 5 years?
5.3%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: GRC has high quality earnings.
Growing Profit Margin: GRC's current net profit margins (7.8%) are lower than last year (8.7%).
Past Earnings Growth Analysis
Earnings Trend: GRC's earnings have grown by 5.3% per year over the past 5 years.
Accelerating Growth: GRC's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: GRC had negative earnings growth (-20.4%) over the past year, making it difficult to compare to the Machinery industry average (-6.4%).
Return on Equity
High ROE: GRC's Return on Equity (8.5%) is considered low.
Financial Health
How is Gorman-Rupp's financial position?
Financial Position Analysis
Short Term Liabilities: GRC's short term assets ($255.8M) exceed its short term liabilities ($42.8M).
Long Term Liabilities: GRC's short term assets ($255.8M) exceed its long term liabilities ($39.8M).
Debt to Equity History and Analysis
Debt Level: GRC is debt free.
Reducing Debt: GRC had no debt 5 years ago.
Debt Coverage: GRC has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: GRC has no debt, therefore coverage of interest payments is not a concern.
Balance Sheet
Dividend
What is Gorman-Rupp current dividend yield, its reliability and sustainability?
1.80%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: GRC's dividend (1.8%) is higher than the bottom 25% of dividend payers in the US market (1.3%).
High Dividend: GRC's dividend (1.8%) is low compared to the top 25% of dividend payers in the US market (3.46%).
Stability and Growth of Payments
Stable Dividend: GRC's dividends per share have been stable in the past 10 years.
Growing Dividend: GRC's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (57.7%), GRC'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?
3.9yrs
Average management tenure
CEO
Jeff Gorman (67 yo)
23.08yrs
Tenure
US$1,170,814
Compensation
Mr. Jeffrey S. Gorman, also known as Jeff, has been the Chief Executive Officer of The Gorman-Rupp Company since May 1, 1998 and served as its Senior Vice President since 1996. Mr. Gorman serves as the Cha...
CEO Compensation Analysis
Compensation vs Market: Jeff's total compensation ($USD1.17M) is below average for companies of similar size in the US market ($USD2.39M).
Compensation vs Earnings: Jeff's compensation has been consistent with company performance over the past year.
Leadership Team
Experienced Management: GRC's management team is considered experienced (3.9 years average tenure).
Board Members
Experienced Board: GRC's board of directors are not considered experienced ( 2.2 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: GRC insiders have only sold shares 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
The Gorman-Rupp Company's company bio, employee growth, exchange listings and data sources
Key Information
- Name: The Gorman-Rupp Company
- Ticker: GRC
- Exchange: NYSE
- Founded: 1933
- Industry: Industrial Machinery
- Sector: Capital Goods
- Market Cap: US$901.529m
- Shares outstanding: 26.12m
- Website: https://www.gormanrupp.com
Number of Employees
Location
- The Gorman-Rupp Company
- 600 South Airport Road
- Mansfield
- Ohio
- 44903
- United States
Listings
Biography
The Gorman-Rupp Company designs, manufactures, and sells pumps and pump systems worldwide. The company’s products include self-priming centrifugal, standard centrifugal, magnetic drive centrifugal, axial a...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/06/24 11:56 |
| End of Day Share Price | 2021/06/23 00:00 |
| Earnings | 2021/03/31 |
| Annual Earnings | 2020/12/31 |
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.