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Market Cap

US$735.4m

Last Updated

2021/04/19 22:45 UTC

Data Sources

Company Financials +

Executive Summary

The Manitowoc Company, Inc. provides engineered lifting solutions in the Americas, Europe, Africa, the Middle East, and the Asia Pacific. More Details

Rewards

Trading at 1.3% below our estimate of its fair value

Earnings are forecast to grow 84.55% per year

Risk Analysis

No risks detected for MTW from our risk checks.


Snowflake Analysis

Adequate balance sheet with moderate growth potential.


Similar Companies

Share Price & News

How has Manitowoc Company's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: MTW is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 8% a week.

Volatility Over Time: MTW's weekly volatility (8%) has been stable over the past year.


Market Performance


7 Day Return

-3.9%

MTW

1.1%

US Machinery

1.3%

US Market


1 Year Return

166.5%

MTW

88.6%

US Machinery

53.8%

US Market

Return vs Industry: MTW exceeded the US Machinery industry which returned 88.6% over the past year.

Return vs Market: MTW exceeded the US Market which returned 53.8% over the past year.


Shareholder returns

MTWIndustryMarket
7 Day-3.9%1.1%1.3%
30 Day-5.1%2.3%5.1%
90 Day32.2%13.3%8.9%
1 Year166.5%166.5%93.2%88.6%56.6%53.8%
3 Year-26.7%-26.7%61.7%50.2%64.4%53.6%
5 Year-1.3%-1.3%158.7%132.4%120.4%95.7%

Long-Term Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is Manitowoc Company undervalued compared to its fair value and its price relative to the market?

1.9%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: MTW ($21.2) is trading below our estimate of fair value ($21.48)

Significantly Below Fair Value: MTW is trading below fair value, but not by a significant amount.


Price To Earnings Ratio

PE vs Industry: MTW is unprofitable, so we can't compare its PE Ratio to the US Machinery industry average.

PE vs Market: MTW is unprofitable, so we can't compare its PE Ratio to the US market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate MTW's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: MTW is good value based on its PB Ratio (1.1x) compared to the US Machinery industry average (3.3x).


Future Growth

How is Manitowoc Company forecast to perform in the next 1 to 3 years based on estimates from 9 analysts?

84.5%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: MTW is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2%).

Earnings vs Market: MTW is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: MTW's is expected to become profitable in the next 3 years.

Revenue vs Market: MTW's revenue (7.5% per year) is forecast to grow slower than the US market (9.3% per year).

High Growth Revenue: MTW's revenue (7.5% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: MTW's Return on Equity is forecast to be low in 3 years time (6.6%).


Past Performance

How has Manitowoc Company performed over the past 5 years?

53.7%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: MTW is currently unprofitable.

Growing Profit Margin: MTW is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: MTW is unprofitable, but has reduced losses over the past 5 years at a rate of 53.7% per year.

Accelerating Growth: Unable to compare MTW's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: MTW is unprofitable, making it difficult to compare its past year earnings growth to the Machinery industry (-14.7%).


Return on Equity

High ROE: MTW has a negative Return on Equity (-2.97%), as it is currently unprofitable.


Financial Health

How is Manitowoc Company's financial position?


Financial Position Analysis

Short Term Liabilities: MTW's short term assets ($866.0M) exceed its short term liabilities ($435.8M).

Long Term Liabilities: MTW's short term assets ($866.0M) exceed its long term liabilities ($524.2M).


Debt to Equity History and Analysis

Debt Level: MTW's debt to equity ratio (48.3%) is considered high.

Reducing Debt: MTW's debt to equity ratio has reduced from 163.7% to 48.3% over the past 5 years.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: MTW has sufficient cash runway for more than a year based on its current free cash flow.

Forecast Cash Runway: Insufficient data to determine if MTW has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.


Dividend

What is Manitowoc Company current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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

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


Current Payout to Shareholders

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


Future Payout to Shareholders

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

2.7yrs

Average management tenure


CEO

Aaron Ravenscroft (42 yo)

0.67

Tenure

US$2,834,178

Compensation

Mr. Aaron H. Ravenscroft serves as President, Chief Executive Officer and Director of The Manitowoc Company, Inc. since August 5, 2020 and served as an Executive Vice President of Cranes since September 20...


CEO Compensation Analysis

Compensation vs Market: Aaron's total compensation ($USD2.83M) is about average for companies of similar size in the US market ($USD2.31M).

Compensation vs Earnings: Aaron's compensation has increased whilst the company is unprofitable.


Leadership Team

Experienced Management: MTW's management team is considered experienced (2.7 years average tenure).


Board Members

Experienced Board: MTW's board of directors are considered experienced (5.1 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.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

The Manitowoc Company, Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: The Manitowoc Company, Inc.
  • Ticker: MTW
  • Exchange: NYSE
  • Founded: 1902
  • Industry: Construction Machinery and Heavy Trucks
  • Sector: Capital Goods
  • Market Cap: US$735.402m
  • Shares outstanding: 34.69m
  • Website: https://www.manitowoc.com

Number of Employees


Location

  • The Manitowoc Company, Inc.
  • One Park Plaza
  • 11270 West Park Place
  • Milwaukee
  • Wisconsin
  • 53224
  • United States

Listings


Biography

The Manitowoc Company, Inc. provides engineered lifting solutions in the Americas, Europe, Africa, the Middle East, and the Asia Pacific. It designs, manufactures, and distributes crawler-mounted lattice-b...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/04/19 22:45
End of Day Share Price2021/04/19 00:00
Earnings2020/12/31
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.