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
Fair value with mediocre 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.
7 Day Return
1 Year Return
Return vs Industry: HY underperformed the US Machinery industry which returned 19.4% over the past year.
Return vs Market: HY underperformed the US Market which returned 20.9% over the past year.
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
4 days ago | Simply Wall StHyster-Yale Materials Handling, Inc. (NYSE:HY) Goes Ex-Dividend Soon
6 days ago | Simply Wall StWould Shareholders Who Purchased Hyster-Yale Materials Handling's (NYSE:HY) Stock Three Years Be Happy With The Share price Today?
2 weeks ago | Simply Wall StDon't Ignore The Fact That This Insider Just Sold Some Shares In Hyster-Yale Materials Handling, Inc. (NYSE:HY)
Is Hyster-Yale Materials Handling undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: HY ($57.39) is trading below our estimate of fair value ($220.3)
Significantly Below Fair Value: HY is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: HY is poor value based on its PE Ratio (35.1x) compared to the US Machinery industry average (29.9x).
PE vs Market: HY is poor value based on its PE Ratio (35.1x) compared to the US market (19.7x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate HY's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: HY is good value based on its PB Ratio (1.7x) compared to the US Machinery industry average (2.7x).
How is Hyster-Yale Materials Handling forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Capital Goods industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Hyster-Yale Materials Handling has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
- Examine whether Hyster-Yale Materials Handling is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
- Hyster-Yale Materials Handling competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Capital Goods industry.
How has Hyster-Yale Materials Handling performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: HY has high quality earnings.
Growing Profit Margin: HY's current net profit margins (0.9%) are lower than last year (0.9%).
Past Earnings Growth Analysis
Earnings Trend: HY's earnings have declined by 18.4% 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 (-12.3%) over the past year, making it difficult to compare to the Machinery industry average (-15.4%).
Return on Equity
High ROE: HY's Return on Equity (4.8%) is considered low.
How is Hyster-Yale Materials Handling's financial position?
Financial Position Analysis
Short Term Liabilities: HY's short term assets ($1.0B) exceed its short term liabilities ($677.8M).
Long Term Liabilities: HY's short term assets ($1.0B) exceed its long term liabilities ($453.5M).
Debt to Equity History and Analysis
Debt Level: HY's debt to equity ratio (41.1%) is considered high.
Reducing Debt: HY's debt to equity ratio has increased from 6.9% to 41.1% over the past 5 years.
Debt Coverage: HY's debt is well covered by operating cash flow (68.6%).
Interest Coverage: HY's interest payments on its debt are not well covered by EBIT (2.8x coverage).
What is Hyster-Yale Materials Handling current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: HY's dividend (2.21%) is higher than the bottom 25% of dividend payers in the US market (1.47%).
High Dividend: HY's dividend (2.21%) is low compared to the top 25% of dividend payers in the US market (4.08%).
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, HY has been paying a dividend for less than 10 years.
Growing Dividend: HY's dividend payments have increased, but the company has only paid a dividend for 8 years.
Current Payout to Shareholders
Dividend Coverage: At its current payout ratio (77.6%), HY's payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Al Rankin (79 yo)
Mr. Alfred Marshall Rankin, Jr., also known as Al, serves as the Non-Executive Chairman of NACCO Industries, Inc. since September 2017 and since prior to 2013 Chairman of NACCO’s principal subsidiary, Nort...
CEO Compensation Analysis
Compensation vs Market: Al's total compensation ($USD4.61M) is above average for companies of similar size in the US market ($USD2.56M).
Compensation vs Earnings: Al's compensation has been consistent with company performance over the past year.
|Senior VP & CFO||8.17yrs||US$974.79k||0.27% |
|Senior VP & President of Americas - Hyster-Yale Group||no data||US$1.24m||0.14% |
|President & CEO of Hyster-Yale Group||0.83yr||US$1.60m||0.16% |
|Senior VP||4.5yrs||no data||0.13% |
|Senior VP & President APIC||0.83yr||no data||0.053% |
|Chief Operating Officer of Hyster-Yale Group Inc.||1.33yrs||no data||0.052% |
|VP & Treasurer||8.17yrs||no data||0.031% |
|VP & Controller||8.17yrs||no data||0.051% |
|Chief Executive Officer of Nuvera Fuel Cells||2yrs||no data||no data|
|President & CEO of Bolzoni S.p.A.||4.83yrs||no data||no data|
|Vice President of Strategy||no data||no data||0.013% |
Experienced Management: HY's management team is considered experienced (4.7 years average tenure).
|Independent Director||8.83yrs||US$218.45k||0.20% |
|Independent Director||8.83yrs||US$266.36k||0.19% |
|Independent Director||8.83yrs||US$204.13k||0.63% |
|Independent Director||2.5yrs||US$214.13k||0.032% |
|Independent Director||8.83yrs||US$249.78k||0.080% |
|Independent Director||8.83yrs||US$256.50k||0.076% |
|Director||0.75yr||no data||0.046% |
|Independent Director||3.67yrs||US$218.05k||0.042% |
|Director||0.50yr||no data||0.0065% |
Experienced Board: HY's board of directors are considered experienced (8.8 years average tenure).
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
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Hyster-Yale Materials Handling, Inc.'s company bio, employee growth, exchange listings and data sources
- Name: Hyster-Yale Materials Handling, Inc.
- Ticker: HY
- Exchange: NYSE
- Founded: 1991
- Industry: Industrial Machinery
- Sector: Capital Goods
- Market Cap: US$964.464m
- Shares outstanding: 16.81m
- Website: https://www.hyster-yale.com
Number of Employees
- Hyster-Yale Materials Handling, Inc.
- 5875 Landerbrook Drive
- Suite 300
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|HY||NYSE (New York Stock Exchange)||Yes||Class A Common Stock||US||USD||Sep 2012|
|HYEA||DB (Deutsche Boerse AG)||Yes||Class A Common Stock||DE||EUR||Sep 2012|
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||2020/11/29 23:55|
|End of Day Share Price||2020/11/27 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.