Loading...

Navistar International

NYSE:NAV
Snowflake Description

Solid track record and slightly overvalued.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
NAV
NYSE
$3B
Market Cap
  1. Home
  2. US
  3. Capital Goods
Company description

Navistar International Corporation, through its subsidiaries, manufactures and sells commercial and military trucks, diesel engines, school and commercial buses, and service parts for trucks and diesel engines worldwide. The last earnings update was 15 days ago. More info.


Add to Portfolio Compare Print
NAV Share Price and Events
7 Day Returns
1.7%
NYSE:NAV
1.4%
US Machinery
1.2%
US Market
1 Year Returns
-17.9%
NYSE:NAV
2.3%
US Machinery
2.3%
US Market
NAV Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Navistar International (NAV) 1.7% 6.9% 2.9% -17.9% 175.8% -10.2%
US Machinery 1.4% 4% 1.3% 2.3% 44.4% 24%
US Market 1.2% 2% 2% 2.3% 37.9% 39.8%
1 Year Return vs Industry and Market
  • NAV underperformed the Machinery industry which returned 2.3% over the past year.
  • NAV underperformed the Market in United States of America which returned 2.3% over the past year.
Price Volatility
NAV
Industry
5yr Volatility vs Market

Value

 Is Navistar International undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Navistar International to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Navistar International.

NYSE:NAV Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 12 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 14.3%
Perpetual Growth Rate 10-Year US Government Bond Rate 2.7%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for NYSE:NAV
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year US Govt Bond Rate 2.7%
Equity Risk Premium S&P Global 6%
Machinery Unlevered Beta Simply Wall St/ S&P Global 1.07
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 1.065 (1 + (1- 21%) (157.85%))
1.934
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.93
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 2.73% + (1.934 * 5.96%)
14.25%

Discounted Cash Flow Calculation for NYSE:NAV using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Navistar International is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

NYSE:NAV DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (USD, Millions) Source Present Value
Discounted (@ 14.25%)
2019 328.85 Analyst x4 287.82
2020 326.90 Analyst x4 250.42
2021 277.00 Analyst x2 185.72
2022 247.20 Est @ -10.76% 145.07
2023 230.61 Est @ -6.71% 118.45
2024 221.67 Est @ -3.88% 99.65
2025 217.47 Est @ -1.9% 85.56
2026 216.36 Est @ -0.51% 74.51
2027 217.36 Est @ 0.46% 65.51
2028 219.85 Est @ 1.14% 58.00
Present value of next 10 years cash flows $1,370.71
NYSE:NAV DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= $219.85 × (1 + 2.73%) ÷ (14.25% – 2.73%)
$1,959.80
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= $1,959.80 ÷ (1 + 14.25%)10
$517.00
NYSE:NAV Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= $1,370.71 + $517.00
$1,887.71
Equity Value per Share
(USD)
= Total value / Shares Outstanding
= $1,887.71 / 99.15
$19.04
NYSE:NAV Discount to Share Price
Calculation Result
Value per share (USD) From above. $19.04
Current discount Discount to share price of $34.23
= -1 x ($34.23 - $19.04) / $19.04
-79.8%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

  • The current share price of Navistar International is above its future cash flow value.
Often investors are willing to pay a premium for a company that has a high dividend or the potential for future growth.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Navistar International's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Navistar International's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
NYSE:NAV PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-04-30) in USD $3.24
NYSE:NAV Share Price ** NYSE (2019-06-19) in USD $34.23
United States of America Machinery Industry PE Ratio Median Figure of 99 Publicly-Listed Machinery Companies 20.47x
United States of America Market PE Ratio Median Figure of 3,092 Publicly-Listed Companies 17.87x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Navistar International.

NYSE:NAV PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= NYSE:NAV Share Price ÷ EPS (both in USD)

= 34.23 ÷ 3.24

10.57x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Navistar International is good value based on earnings compared to the US Machinery industry average.
  • Navistar International is good value based on earnings compared to the United States of America market.
Price based on expected Growth
Does Navistar International's expected growth come at a high price?
Raw Data
NYSE:NAV PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 10.57x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 12 Analysts
9.3%per year
United States of America Machinery Industry PEG Ratio Median Figure of 80 Publicly-Listed Machinery Companies 1.46x
United States of America Market PEG Ratio Median Figure of 2,128 Publicly-Listed Companies 1.53x

*Line of best fit is calculated by linear regression .

NYSE:NAV PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 10.57x ÷ 9.3%

1.14x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Navistar International is poor value based on expected growth next year.
Price based on value of assets
What value do investors place on Navistar International's assets?
Raw Data
NYSE:NAV PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-04-30) in USD $-38.88
NYSE:NAV Share Price * NYSE (2019-06-19) in USD $34.23
United States of America Machinery Industry PB Ratio Median Figure of 127 Publicly-Listed Machinery Companies 2.26x
United States of America Market PB Ratio Median Figure of 5,246 Publicly-Listed Companies 1.8x
NYSE:NAV PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NYSE:NAV Share Price ÷ Book Value per Share (both in USD)

= 34.23 ÷ -38.88

-0.88x

* Primary Listing of Navistar International.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Navistar International has negative assets, we can't compare the value of its assets to the US Machinery industry average.
X
Value checks
We assess Navistar International's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Machinery industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Machinery industry average (and greater than 0)? (1 check)
  5. Navistar International has a total score of 2/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is Navistar International expected to perform in the next 1 to 3 years based on estimates from 12 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
9.3%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Navistar International expected to grow at an attractive rate?
  • Navistar International's earnings growth is expected to exceed the low risk savings rate of 2.7%.
Growth vs Market Checks
  • Navistar International's earnings growth is positive but not above the United States of America market average.
  • Navistar International's revenues are expected to decrease over the next 1-3 years, this is below the United States of America market average.
Annual Growth Rates Comparison
Raw Data
NYSE:NAV Future Growth Rates Data Sources
Data Point Source Value (per year)
NYSE:NAV Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 12 Analysts 9.3%
NYSE:NAV Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 12 Analysts -0.7%
United States of America Machinery Industry Earnings Growth Rate Market Cap Weighted Average 10.3%
United States of America Machinery Industry Revenue Growth Rate Market Cap Weighted Average 3.2%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 13.9%
United States of America Market Revenue Growth Rate Market Cap Weighted Average 7.4%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
NYSE:NAV Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (1 month ago) See Below
Future Estimates Average of up to 12 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
NYSE:NAV Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2023-10-31 12,323 527 1
2022-10-31 11,055 463 1
2021-10-31 10,817 686 321 6
2020-10-31 10,800 541 320 12
2019-10-31 11,477 604 296 11
NYSE:NAV Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2019-04-30 11,352 177 321
2019-01-31 10,778 105 424
2018-10-31 10,250 269 340
2018-07-31 9,531 96 287
2018-04-30 9,138 118 153
2018-01-31 8,812 11 18
2017-10-31 8,570 109 29
2017-07-31 8,035 113 -140
2017-04-30 7,908 264 -210
2017-01-31 8,009 391 -126
2016-10-31 8,111 267 -97
2016-07-31 8,536 46 -114

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Navistar International's earnings are expected to grow by 9.3% yearly, however this is not considered high growth (20% yearly).
  • Navistar International's revenue is expected to decrease over the next 1-3 years, this is not considered high growth.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
NYSE:NAV Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (1 month ago) See Below
Future Estimates Average of up to 12 Analyst Estimates (S&P Global) See Below

All data from Navistar International Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NYSE:NAV Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2023-10-31 4.98 4.98 4.98 1.00
2022-10-31 4.44 4.44 4.44 1.00
2021-10-31 3.21 5.00 1.91 7.00
2020-10-31 3.20 4.90 1.72 15.00
2019-10-31 2.92 4.68 2.08 14.00
NYSE:NAV Past Financials Data
Date (Data in USD Millions) EPS *
2019-04-30 3.24
2019-01-31 4.28
2018-10-31 3.44
2018-07-31 2.91
2018-04-30 1.55
2018-01-31 0.19
2017-10-31 0.31
2017-07-31 -1.58
2017-04-30 -2.48
2017-01-31 -1.54
2016-10-31 -1.19
2016-07-31 -1.39

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Navistar International will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess Navistar International's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United States of America market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Navistar International has a total score of 1/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Navistar International performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Navistar International's growth in the last year to its industry (Machinery).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Navistar International has delivered over 20% year on year earnings growth in the past 5 years.
  • Navistar International's 1-year earnings growth exceeds its 5-year average (109.8% vs 73.8%)
  • Navistar International's earnings growth has exceeded the US Machinery industry average in the past year (109.8% vs 28.5%).
Earnings and Revenue History
Navistar International's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Navistar International Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NYSE:NAV Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-04-30 11,352.00 321.00 1,002.00 308.00
2019-01-31 10,778.00 424.00 824.00 308.00
2018-10-31 10,250.00 340.00 829.00 297.00
2018-07-31 9,531.00 287.00 815.00 284.00
2018-04-30 9,138.00 153.00 777.00 273.00
2018-01-31 8,812.00 18.00 782.00 263.00
2017-10-31 8,570.00 29.00 764.00 251.00
2017-07-31 8,035.00 -140.00 738.00 255.00
2017-04-30 7,908.00 -210.00 731.00 256.00
2017-01-31 8,009.00 -126.00 712.00 252.00
2016-10-31 8,111.00 -97.00 721.00 247.00
2016-07-31 8,536.00 -114.00 725.00 243.00
2016-04-30 8,988.00 -110.00 745.00 252.00
2016-01-31 9,484.00 -178.00 783.00 267.00
2015-10-31 10,140.00 -187.00 817.00 288.00
2015-07-31 10,660.00 -208.00 871.00 304.00
2015-04-30 10,966.00 -181.00 891.00 313.00
2015-01-31 11,019.00 -415.00 887.00 320.00
2014-10-31 10,806.00 -622.00 884.00 331.00
2014-07-31 10,549.00 -703.00 935.00 349.00
2014-04-30 10,566.00 -937.00 1,004.00 368.00
2014-01-31 10,346.00 -992.00 1,078.00 385.00
2013-10-31 10,775.00 -857.00 1,128.00 406.00
2013-07-31 11,203.00 -3,441.00 1,185.00 440.00
2013-04-30 11,588.00 -3,124.00 1,198.00 476.00
2013-01-31 12,323.00 -2,909.00 1,261.00 508.00
2012-10-31 12,695.00 -2,939.00 1,332.00 532.00
2012-07-31 13,839.00 53.00 1,394.00 527.00

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Navistar International has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) due to its liabilities exceeding its assets.
  • Navistar International used its assets more efficiently than the US Machinery industry average last year based on Return on Assets.
  • Navistar International has significantly improved its use of capital last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Navistar International's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Machinery industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Navistar International has a total score of 5/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Navistar International's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Navistar International's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Navistar International is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Navistar International's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of Navistar International's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Navistar International has negative shareholder equity (liabilities exceed assets) therefore debt is not covered by short term assets.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Navistar International Company Filings, last reported 1 month ago.

NYSE:NAV Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-04-30 -3,852.00 5,357.00 950.00
2019-01-31 -3,813.00 5,494.00 1,192.00
2018-10-31 -3,926.00 5,467.00 1,362.00
2018-07-31 -4,334.00 5,600.00 1,084.00
2018-04-30 -4,527.00 5,350.00 1,100.00
2018-01-31 -4,583.00 5,121.00 947.00
2017-10-31 -4,574.00 5,058.00 1,036.00
2017-07-31 -4,923.00 5,220.00 923.00
2017-04-30 -5,127.00 5,065.00 918.00
2017-01-31 -5,329.00 4,865.00 697.00
2016-10-31 -5,293.00 4,904.00 800.00
2016-07-31 -5,134.00 5,065.00 640.00
2016-04-30 -5,121.00 5,225.00 732.00
2016-01-31 -5,190.00 5,099.00 673.00
2015-10-31 -5,160.00 5,255.00 1,013.00
2015-07-31 -4,810.00 5,286.00 775.00
2015-04-30 -4,745.00 5,203.00 784.00
2015-01-31 -4,689.00 5,082.00 733.00
2014-10-31 -4,620.00 5,224.00 1,018.00
2014-07-31 -4,048.00 5,204.00 1,099.00
2014-04-30 -4,074.00 5,100.00 1,062.00
2014-01-31 -3,879.00 4,864.00 1,102.00
2013-10-31 -3,605.00 5,085.00 1,523.00
2013-07-31 -3,937.00 4,724.00 1,087.00
2013-04-30 -3,642.00 4,781.00 1,164.00
2013-01-31 -3,313.00 4,462.00 1,189.00
2012-10-31 -3,265.00 4,771.00 1,505.00
2012-07-31 -363.00 4,412.00 627.00
  • Navistar International has negative shareholder equity (liabilities exceed assets), this is a more serious situation compared with a high debt level.
  • Irrelevant to check if Navistar International's debt level has increased considering it has negative shareholder equity.
  • Debt is not well covered by operating cash flow (3.3%, less than 20% of total debt).
  • Interest payments on debt are not well covered by earnings (EBIT is 2.7x annual interest expense, ideally 3x coverage).
X
Financial health checks
We assess Navistar International's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Navistar International has a total score of 1/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is Navistar International's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Navistar International dividends. Estimated to be 0% next year.
If you bought $2,000 of Navistar International shares you are expected to receive $0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Navistar International's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Navistar International's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
NYSE:NAV Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 12 Analyst Estimates (S&P Global) See Below
United States of America Machinery Industry Average Dividend Yield Market Cap Weighted Average of 77 Stocks 2.1%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 2011 Stocks 2.4%
United States of America Minimum Threshold Dividend Yield 10th Percentile 0.8%
United States of America Bottom 25% Dividend Yield 25th Percentile 1.4%
United States of America Top 25% Dividend Yield 75th Percentile 3.7%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

NYSE:NAV Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
2023-10-31
2022-10-31
2021-10-31 0.00 3.00
2020-10-31 0.00 3.00
2019-10-31 0.00 3.00

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Navistar International has not reported any payouts.
  • Unable to verify if Navistar International's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Navistar International's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Navistar International has not reported any payouts.
Future Payout to shareholders
  • No need to calculate the sustainability of Navistar International's dividends in 3 years as they are not expected to pay a notable one for United States of America.
X
Income/ dividend checks
We assess Navistar International's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Navistar International afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Navistar International has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of Navistar International's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Troy Clarke
COMPENSATION $6,923,149
AGE 63
TENURE AS CEO 6.2 years
CEO Bio

Mr. Troy A. Clarke serves as the Chief Executive Officer and President of Navistar, Inc. Mr. Clarke has been the President of Navistar International Corporation since August 2012 and has been its Chief Executive Officer since April 2013. Mr. Clarke served as the Chief Operating Officer at Navistar International Corporation from August 2012 to April 2013. He served as the President of Truck and Engine Group at Navistar International Corporation from June 2012 to August 2012. He served as President of Asia Pacific Operations of Navistar, Inc., since April 20, 2011 until 2012. He served as Senior Vice President of Strategic Initiatives at Navistar International Corporation from 2010 to 2011. He is 38-year automotive industry veteran. Mr. Clarke served as President of General Motors North America since July 1, 2006. He served as President of North American operations at Motors Liquidation Company since July 1, 2006. He served as Group Vice President at General Motors de Mexico, S. de R. L. de C.V since July 1, 2006. Mr. Clarke served as Group Vice President of GM since February 4, 2004. He served as President of General Motors North America from 2006 to 2009. He served as the President of GM Asia Pacific from 2003 to July 1, 2006 and as Vice President of General Motors North America since 2002. He served as Group Vice President, Manufacturing and Labor Relations of General Motors Corporation from 2001 to 2004 and was responsible for its North America vehicle manufacturing, vehicle operations, Metal Fabricating Division and labor relations. He served as GM’s Chief Negotiator for the 2003 United Auto Workers labor negotiations. He served as an Executive Vice President of GM Asia Pacific at Motors Liquidation Company since February 4, 2004. He served as Group Vice President of Motors Liquidation Company since February 4, 2004. He served as Plant Manager for GM North American Operation’s Assembly Center in Kansas City, Kansas, since 1993, where he was responsible for the manufacturing launch of the redesigned Pontiac Grand Prix. Mr. Clarke served as Vice President of Labor Relations since January 2001 and was appointed President and Managing Director of GM de Mexico and served as its GM corporate Vice President from 1998 to 2001. He has been Chairman of Navistar International Corporation since February 14, 2017. He serves as the Chairman of the Asia Pacific Strategy Board. He served as the Director of manufacturing for GM de Mexico since June 1997. He served as Director of GM de México’s Ramos Arizpe complex from 1990 to 1992 and as Production Manager for GM’s metal fabricating plant in Grand Rapids, Michigan, in 1987. He joined GM as a co-op student at Pontiac Motor Division in Pontiac, Michigan. Mr. Clarke remained at Pontiac for ten years, holding a series of engineering and manufacturing assignments of increasing responsibility. He has been a Director of Navistar International Corporation since April 15, 2013. He served as an Independent Director of Fuel Systems Solutions, Inc. since December 20, 2011. He is a Member of the Automotive Strategy Board. He serves as a Director of the Alliance of Automobile Manufacturers. He serves on the Board of Directors of the GM-Toyota NUMMI manufacturing joint venture in California. He is a Member of the University of Michigan Business School Advisory Council. He served as a Director of Suzuki Motor Corp. Mr. Clarke served as a Director of Fuji Heavy Industries Ltd. He is GM’s key executive to Cornell University and He received a Bachelors degree in mechanical engineering from the General Motors Institute, Kettering University in 1978 and a Masters degree in Business Administration from the University of Michigan in 1982.

CEO Compensation
  • Troy's compensation has been consistent with company performance over the past year, both up more than 20%.
  • Troy's remuneration is higher than average for companies of similar size in United States of America.
Management Team Tenure

Average tenure and age of the Navistar International management team in years:

2.3
Average Tenure
54.5
Average Age
  • The tenure for the Navistar International management team is about average.
Management Team

Troy Clarke

TITLE
Chairman
COMPENSATION
$7M
AGE
63
TENURE
6.2 yrs

Walter Borst

TITLE
Executive VP & CFO
COMPENSATION
$3M
AGE
56
TENURE
5.8 yrs

Persio Lisboa

TITLE
Executive VP & COO
COMPENSATION
$3M
AGE
53
TENURE
2.3 yrs

Curt Kramer

TITLE
Senior VP & General Counsel
COMPENSATION
$1M
AGE
50
TENURE
2.2 yrs

William McMenamin

TITLE
President of Financial Services & Treasurer
COMPENSATION
$2M
AGE
59
TENURE
3.8 yrs

Julie Ragland

TITLE
Senior VP & Chief Information Officer
TENURE
0.8 yrs

Marty Ketelaar

TITLE
Vice President of Investor Relations
AGE
52
TENURE
2.3 yrs

Bill Kozek

TITLE
Senior Vice President of Strategic Initiatives
COMPENSATION
$2M
AGE
56

Jeff Sass

TITLE
Senior Vice President of North America Truck Sales and Marketing
AGE
50
TENURE
4 yrs

Joe Kory

TITLE
Senior Vice President of Parts
TENURE
1.6 yrs
Board of Directors Tenure

Average tenure and age of the Navistar International board of directors in years:

2.3
Average Tenure
60
Average Age
  • The average tenure for the Navistar International board of directors is less than 3 years, this suggests a new board.
Board of Directors

Troy Clarke

TITLE
Chairman
COMPENSATION
$7M
AGE
63
TENURE
2.3 yrs

Vince Intrieri

TITLE
Co-Independent Lead Director
COMPENSATION
$223K
AGE
61
TENURE
0.7 yrs

Mark Rachesky

TITLE
Co-Independent Lead Director
COMPENSATION
$223K
AGE
59
TENURE
0.7 yrs

Jos Alapont

TITLE
Independent Director
COMPENSATION
$223K
AGE
68
TENURE
2.7 yrs

Stephen D'Arcy

TITLE
Independent Director
COMPENSATION
$237K
AGE
63
TENURE
2.7 yrs

Dennis Suskind

TITLE
Independent Director
COMPENSATION
$223K
AGE
75
TENURE
2.7 yrs

Andreas Renschler

TITLE
Independent Director
COMPENSATION
$217K
AGE
59
TENURE
2.3 yrs

Jeff Dokho

TITLE
Additional Director
AGE
43
TENURE
2.2 yrs

Ray Miller

TITLE
Director
COMPENSATION
$65K
AGE
33
TENURE
1.2 yrs

Christian Schulz

TITLE
Director
AGE
41
TENURE
0.8 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price ($) Value ($)
17. May 19 Sell Associated Capital Group Inc, Asset Management Arm Company 15. Apr 19 17. Apr 19 -310 $34.40 $-10,488
17. May 19 Sell GAMCO Investors, Inc. Company 18. Mar 19 16. May 19 -275,274 $35.01 $-734,399
17. May 19 Buy GAMCO Investors, Inc. Company 18. Mar 19 14. May 19 15,818 $34.59 $33,082
20. Dec 18 Buy Stephen D'Arcy Individual 20. Dec 18 20. Dec 18 3,500 $26.72 $93,430
X
Management checks
We assess Navistar International's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Navistar International has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Is Navistar International's (NYSE:NAV) 146% Share Price Increase Well Justified?

To wit, the Navistar International Corporation (NYSE:NAV) share price has flown 146% in the last three years. … See our latest analysis for Navistar International In his essay The Superinvestors of Graham-and-Doddsville Warren Buffett described how share prices do not always rationally reflect the value of a business. … If you would like to research Navistar International in more detail then you might want to take a look at whether insiders have been buying or selling shares in the company.

Simply Wall St -

Should You Take Comfort From Insider Transactions At Navistar International Corporation (NYSE:NAV)?

So shareholders might well want to know whether insiders have been buying or selling shares in Navistar International Corporation (NYSE:NAV). … View our latest analysis for Navistar International Navistar International Insider Transactions Over The Last Year Over the last year, we can see that the biggest insider purchase was by Independent Director Stephen D'Arcy for US$93k worth of shares, at about US$26.72 per share. … NYSE:NAV Recent Insider Trading, May 23rd 2019 Navistar International is not the only stock that insiders are buying.

Simply Wall St -

Here's Why We Think Navistar International (NYSE:NAV) Is Well Worth Watching

In contrast to all that, I prefer to spend time on companies like Navistar International (NYSE:NAV), which has not only revenues, but also profits. … How Fast Is Navistar International Growing Its Earnings Per Share. … I like to see top-line growth as an indication that growth is sustainable, and I look for a high earnings before interest and taxation (EBIT) margin to point to a competitive moat (though some companies with low margins also have moats).

Simply Wall St -

Here's What Navistar International Corporation's (NYSE:NAV) ROCE Can Tell Us

Specifically, we'll consider its Return On Capital Employed (ROCE), since that will give us an insight into how efficiently the business can generate profits from the capital it requires. … What is Return On Capital Employed (ROCE)? … ROCE measures the 'return' (pre-tax profit) a company generates from capital employed in its business.

Simply Wall St -

Does Navistar International Corporation's (NYSE:NAV) CEO Pay Compare Well With Peers?

First, this article will compare CEO compensation with compensation at similar sized companies. … How Does Troy Clarke's Compensation Compare With Similar Sized Companies. … According to our data, Navistar International Corporation has a market capitalization of US$3.7b, and pays its CEO total annual compensation worth US$6.9m.

Simply Wall St -

Have Insiders Been Buying Navistar International Corporation (NYSE:NAV) Shares?

We often see insiders buying up shares in companies that perform well over the long term. … So we'll take a look at whether insiders have been buying or selling shares in Navistar International Corporation (NYSE:NAV). … The insider buying may not tell us much about how insiders feel about the current share price.

Simply Wall St -

Will Navistar International Corporation's (NYSE:NAV) Earnings Grow In The Years Ahead?

Navistar International Corporation's (NYSE:NAV) released its most recent earnings update in October 2018, whicha

Simply Wall St -

Here's What Navistar International Corporation's (NYSE:NAV) ROCE Can Tell Us

In particular, we'll consider its Return On Capital Employed (ROCE), as that can give us insight into how profitably the company is able to employ capital in its business. … Understanding Return On Capital Employed (ROCE). … ROCE measures the amount of pre-tax profits a company can generate from the capital employed in its business.

Simply Wall St -

Is Navistar International Corporation (NYSE:NAV) Excessively Paying Its CEO?

How Does Troy Clarke's Compensation Compare With Similar Sized Companies. … At the time of writing our data says that Navistar International Corporation has a market cap of US$3.2b, and is paying total annual CEO compensation of US$5.1m. … We think total compensation is more important but we note that the CEO salary is lower, at US$1.0m

Simply Wall St -

Navistar International Corporation (NYSE:NAV): Will The Growth Last?

Looking at Navistar International Corporation's (NYSE:NAV) earnings update in July 2018, … the consensus outlook from analysts appear fairly confident, … with earnings expected to grow by 29% in the upcoming year,

Simply Wall St -

Company Info

Description

Navistar International Corporation, through its subsidiaries, manufactures and sells commercial and military trucks, diesel engines, school and commercial buses, and service parts for trucks and diesel engines worldwide. The company operates through four segments: Truck, Parts, Global Operations, and Financial Services. It manufactures and distributes Class 4 through 8 trucks and buses in the common carrier, private carrier, government, leasing, construction, energy/petroleum, military vehicle, and student and commercial transportation markets under the International and IC brands; and designs, engineers, and produces sheet metal components, including truck cabs and engines. The company also provides customers with proprietary products needed to support the International commercial and military truck, IC bus, and engine lines, as well as other product lines; and a selection of other standard truck, trailer, and engine aftermarket parts. In addition, it manufactures and distributes mid-range diesel engines, as well as provides customers with additional engine offerings in the agriculture, marine, genset, and light truck markets; sells engines to original equipment manufacturers (OEM) for various on-and-off-road applications; and offers contract manufacturing services under the MWM brand to OEMs for the assembly of their engines. Further, the company provides retail, wholesale, and lease financing of products of its trucks and parts, as well as financing for wholesale and retail accounts receivable. It markets its commercial products through an independent dealer network, as well as through distribution and service network retail outlets; and its reconditioned used trucks to owner-operators and fleet buyers through its network of used truck dealers. As of October 31, 2018, it had approximately 727 outlets in the United States and Canada, and 89 outlets in Mexico. Navistar International Corporation was founded in 1902 and is headquartered in Lisle, Illinois.

Details
Name: Navistar International Corporation
NAV
Exchange: NYSE
Founded: 1902
$3,393,820,499
99,147,546
Website: http://www.navistar.com
Address: Navistar International Corporation
2701 Navistar Drive,
Lisle,
Illinois, 60532,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NYSE NAV Common Stock New York Stock Exchange US USD 02. Jan 1968
DB IHR Common Stock Deutsche Boerse AG DE EUR 02. Jan 1968
Number of employees
Current staff
Staff numbers
13,994
Navistar International employees.
Industry
Construction Machinery and Heavy Trucks
Capital Goods
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/06/19 23:40
End of day share price update: 2019/06/19 00:00
Last estimates confirmation: 2019/06/18
Last earnings filing: 2019/06/04
Last earnings reported: 2019/04/30
Last annual earnings reported: 2018/10/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.