Hyster-Yale Materials Handling
Market Cap
US$1.2b
Last Updated
2021/05/13 02:39 UTC
Data Sources
Company Financials +
Executive Summary
Hyster-Yale Materials Handling, Inc., through its subsidiaries, designs, engineers, manufactures, sells, and services a line of lift trucks, attachments, and aftermarket parts worldwide. More Details
Rewards
Risk Analysis
Snowflake Analysis
Reasonable growth potential with adequate balance sheet.
Share Price & News
How has Hyster-Yale Materials Handling's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: HY is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 7% a week.
Volatility Over Time: HY's weekly volatility (7%) has been stable over the past year.
Market Performance
7 Day Return
-3.4%
HY
-1.6%
US Machinery
-2.8%
US Market
1 Year Return
122.2%
HY
96.2%
US Machinery
49.4%
US Market
Return vs Industry: HY exceeded the US Machinery industry which returned 96.2% over the past year.
Return vs Market: HY exceeded the US Market which returned 49.4% over the past year.
Shareholder returns
| HY | Industry | Market | |
|---|---|---|---|
| 7 Day | -3.4% | -1.6% | -2.8% |
| 30 Day | -16.6% | 0.3% | -2.3% |
| 90 Day | -26.6% | 9.8% | -1.3% |
| 1 Year | 127.9%122.2% | 100.7%96.2% | 51.8%49.4% |
| 3 Year | 12.4%5.0% | 63.9%54.1% | 57.5%47.6% |
| 5 Year | 33.8%20.6% | 162.9%136.4% | 121.7%97.1% |
Long-Term Price Volatility Vs. Market
How volatile is Hyster-Yale Materials Handling's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall St
Hyster-Yale Materials Handling, Inc. (NYSE:HY) Stock's On A Decline: Are Poor Fundamentals The Cause?1 month ago | Simply Wall St
Here's What's Concerning About Hyster-Yale Materials Handling's (NYSE:HY) Returns On Capital1 month ago | Simply Wall St
Hyster-Yale Materials Handling (NYSE:HY) Takes On Some Risk With Its Use Of DebtValuation
Is Hyster-Yale Materials Handling undervalued compared to its fair value and its price relative to the market?
44.07x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: HY ($71.89) is trading above our estimate of fair value ($21.49)
Significantly Below Fair Value: HY is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: HY is poor value based on its PE Ratio (44.1x) compared to the US Machinery industry average (33.7x).
PE vs Market: HY is poor value based on its PE Ratio (44.1x) compared to the US market (19.5x).
Price to Earnings Growth Ratio
PEG Ratio: HY is poor value based on its PEG Ratio (1.1x)
Price to Book Ratio
PB vs Industry: HY is good value based on its PB Ratio (2.1x) compared to the US Machinery industry average (3.2x).
Future Growth
How is Hyster-Yale Materials Handling forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
40.0%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: HY's forecast earnings growth (40% per year) is above the savings rate (2%).
Earnings vs Market: HY's earnings (40% per year) are forecast to grow faster than the US market (14.7% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: HY's revenue (10.3% per year) is forecast to grow faster than the US market (9% per year).
High Growth Revenue: HY's revenue (10.3% 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 HY's Return on Equity is forecast to be high in 3 years time
Past Performance
How has Hyster-Yale Materials Handling performed over the past 5 years?
-14.5%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: HY has high quality earnings.
Growing Profit Margin: HY's current net profit margins (1%) are lower than last year (1.5%).
Past Earnings Growth Analysis
Earnings Trend: HY's earnings have declined by 14.5% per year over the past 5 years.
Accelerating Growth: HY's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: HY had negative earnings growth (-42.6%) over the past year, making it difficult to compare to the Machinery industry average (-7.3%).
Return on Equity
High ROE: HY's Return on Equity (4.7%) is considered low.
Financial Health
How is Hyster-Yale Materials Handling's financial position?
Financial Position Analysis
Short Term Liabilities: HY's short term assets ($1.2B) exceed its short term liabilities ($823.2M).
Long Term Liabilities: HY's short term assets ($1.2B) exceed its long term liabilities ($435.1M).
Debt to Equity History and Analysis
Debt Level: HY's debt to equity ratio (38.5%) is considered satisfactory.
Reducing Debt: HY's debt to equity ratio has increased from 8.6% to 38.5% over the past 5 years.
Debt Coverage: HY's debt is well covered by operating cash flow (69.8%).
Interest Coverage: HY's interest payments on its debt are not well covered by EBIT (2x coverage).
Balance Sheet
Dividend
What is Hyster-Yale Materials Handling current dividend yield, its reliability and sustainability?
1.77%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: HY's dividend (1.77%) is higher than the bottom 25% of dividend payers in the US market (1.28%).
High Dividend: HY's dividend (1.77%) is low compared to the top 25% of dividend payers in the US market (3.48%).
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, HY has been paying a dividend for less than 10 years.
Growing Dividend: HY's dividend payments have increased, but the company has only paid a dividend for 8 years.
Current Payout to Shareholders
Dividend Coverage: At its current payout ratio (77.9%), HY's 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?
5.2yrs
Average management tenure
CEO
Al Rankin (79 yo)
8.67yrs
Tenure
US$1,202,760
Compensation
Mr. Alfred Marshall Rankin, Jr., also known as Al, serves as the Non-Executive Chairman of NACCO Industries, Inc. since May 1994 and since prior to 2013 Chairman of NACCO’s principal subsidiary, North Amer...
CEO Compensation Analysis
Compensation vs Market: Al's total compensation ($USD1.20M) is below average for companies of similar size in the US market ($USD3.81M).
Compensation vs Earnings: Al's compensation has been consistent with company performance over the past year.
Leadership Team
Experienced Management: HY's management team is seasoned and experienced (5.2 years average tenure).
Board Members
Experienced Board: HY's board of directors are considered experienced (9.3 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: HY 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
Hyster-Yale Materials Handling, Inc.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Hyster-Yale Materials Handling, Inc.
- Ticker: HY
- Exchange: NYSE
- Founded: 1991
- Industry: Industrial Machinery
- Sector: Capital Goods
- Market Cap: US$1.209b
- Shares outstanding: 16.82m
- Website: https://www.hyster-yale.com
Number of Employees
Location
- Hyster-Yale Materials Handling, Inc.
- 5875 Landerbrook Drive
- Suite 300
- Cleveland
- Ohio
- 44124-4069
- United States
Listings
Biography
Hyster-Yale Materials Handling, Inc., through its subsidiaries, designs, engineers, manufactures, sells, and services a line of lift trucks, attachments, and aftermarket parts worldwide. It manufactures co...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/05/13 02:39 |
| End of Day Share Price | 2021/05/12 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.