NYSE:OSK

Stock Analysis Report

Executive Summary

Oshkosh Corporation designs, manufactures, and markets specialty vehicles and vehicle bodies worldwide.

Snowflake

Fundamentals

Flawless balance sheet with outstanding track record.


Similar Companies

Share Price & News

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


Latest Share Price and Events


Market Performance


7 Day Return

4.0%

OSK

2.5%

US Machinery

0.5%

US Market


1 Year Return

32.0%

OSK

8.6%

US Machinery

6.8%

US Market

Return vs Industry: OSK exceeded the US Machinery industry which returned 8.6% over the past year.

Return vs Market: OSK exceeded the US Market which returned 6.8% over the past year.


Shareholder returns

OSKIndustryMarket
7 Day4.0%2.5%0.5%
30 Day2.1%1.6%-0.8%
90 Day-8.1%-0.6%-0.9%
1 Year34.0%32.0%10.9%8.6%9.2%6.8%
3 Year50.4%44.6%49.9%40.2%45.6%36.2%
5 Year84.6%71.6%57.8%38.6%63.2%45.4%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

9.2%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: OSK ($76.78) is trading below our estimate of fair value ($84.58)

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


Price To Earnings Ratio

PE vs Industry: OSK is good value based on its PE Ratio (9.4x) compared to the Machinery industry average (20.1x).

PE vs Market: OSK is good value based on its PE Ratio (9.4x) compared to the US market (17.7x).


Price to Earnings Growth Ratio

PEG Ratio: OSK's earnings are forecast to decline next year, so we can't calculate its PEG ratio.


Price to Book Ratio

PB vs Industry: OSK is good value based on its PB Ratio (2x) compared to the US Machinery industry average (2.2x).


Next Steps

Future Growth

How is Oshkosh forecast to perform in the next 1 to 3 years based on estimates from 16 analysts?

-1.6%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: OSK's earnings are forecast to decline over the next 3 years (-1.6% per year).

Earnings vs Market: OSK's earnings are forecast to decline over the next 3 years (-1.6% per year).

High Growth Earnings: OSK's earnings are forecast to decline over the next 3 years.

Revenue vs Market: OSK's revenue (0.2% per year) is forecast to grow slower than the US market (7.2% per year).

High Growth Revenue: OSK's revenue (0.2% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: OSK's Return on Equity is forecast to be low in 3 years time (17.5%).


Next Steps

Past Performance

How has Oshkosh performed over the past 5 years?

18.1%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: OSK's earnings have grown by 18.1% per year over the past 5 years.

Accelerating Growth: OSK's earnings growth over the past year (40.2%) exceeds its 5-year average (18.1% per year).

Earnings vs Industry: OSK earnings growth over the past year (40.2%) exceeded the Machinery industry 17.5%.


Return on Equity

High ROE: OSK's Return on Equity (22.4%) is considered high.


Return on Assets

ROA vs Industry: OSK has a higher Return on Assets than the Machinery industry average last year.


Return on Capital Employed

ROCE Improving: OSK has significantly improved its Return on Capital Employed over the past 3 years.


Next Steps

Financial Health

How is Oshkosh's financial position?


Financial Position Analysis

Short Term Liabilities: OSK's short term assets ($3.4B) exceeds its short term liabilities ($1.7B)

Long Term Liabilities: OSK's short term assets (3.4B) exceeds its long term liabilities (1.2B)


Debt to Equity History and Analysis

Debt Level: OSK's debt to equity ratio (31.5%) is considered satisfactory

Reducing Debt: OSK's debt to equity ratio has reduced from 40.6% to 31.5% over the past 5 years.

Debt Coverage: OSK's debt is well covered by operating cash flow (39.3%).

Interest Coverage: OSK's interest payments on its debt are well covered by EBIT (16.5x coverage).


Balance Sheet

Inventory Level: OSK has a high level of physical assets or inventory.

Debt Coverage by Assets: OSK's debt is covered by short term assets (assets are 4.105530x debt).


Next Steps

Dividend

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

1.41%

Current Dividend Yield


Dividend Yield vs Market

company1.4%marketbottom25%1.4%markettop25%3.7%industryaverage2.1%forecastin3Years1.6%

Current dividend yield vs market & industry


Stability and Growth of Payments

Notable Dividend: OSK's dividend (1.41%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.45%).

High Dividend: OSK's dividend (1.41%) is low compared to the top 25% of dividend payers in the US market (3.73%).

Stable Dividend: OSK's dividend payments have been volatile in the past 10 years.

Growing Dividend: OSK's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (12.8%), OSK's dividend payments are thoroughly covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: OSK's dividends in 3 years are forecast to be thoroughly covered by earnings (14.7% payout ratio).


Next Steps

Management

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

3.8yrs

Average management tenure


CEO

Wilson Jones (58yo)

3.8yrs

Tenure

US$10,589,640

Compensation

Mr. Wilson R. Jones has been the Chief Executive Officer of Oshkosh Corporation since January 1, 2016 and has been its President since August 1, 2012. Mr. Jones served as the Chief Operating Officer of Osh ...


CEO Compensation Analysis

Compensation vs. Market: Wilson's total compensation ($USD10.59M) is about average for companies of similar size in the US market ($USD6.81M).

Compensation vs Earnings: Wilson's compensation has been consistent with company performance over the past year.


Management Age and Tenure

3.8yrs

Average Tenure

55yo

Average Age

Experienced Management: OSK's management team is considered experienced (3.8 years average tenure).


Board Age and Tenure

3.9yrs

Average Tenure

61yo

Average Age

Experienced Board: OSK's board of directors are considered experienced (3.9 years average tenure).


Insider Trading

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

SellUS$838,75529 May 19
James Johnson
EntityIndividual
Shares11,029
Max PriceUS$76.05
SellUS$72,63925 Feb 19
R. Grennier
EntityIndividual
Shares900
Max PriceUS$80.71
SellUS$393,52114 Feb 19
Frank Nerenhausen
EntityIndividual
Role
Senior Key Executive
Executive VP & President of Access Equipment Segment
Shares5,000
Max PriceUS$78.71
SellUS$1,264,64013 Feb 19
Wilson Jones
EntityIndividual
Role
Chief Executive Officer
President
Shares16,000
Max PriceUS$79.04
BuyUS$24,90129 Nov 18
Tina Schoner
EntityIndividual
Shares370
Max PriceUS$67.30
BuyUS$42,07120 Nov 18
Tina Schoner
EntityIndividual
Shares630
Max PriceUS$66.78

Ownership Breakdown


Management Team

  • Wilson Jones (58yo)

    President

    • Tenure: 3.8yrs
    • Compensation: US$10.59m
  • John Pfeifer (54yo)

    Executive VP & COO

    • Tenure: 0.4yrs
  • Dave Sagehorn (56yo)

    Executive VP & CFO

    • Tenure: 12yrs
    • Compensation: US$3.42m
  • Frank Nerenhausen (55yo)

    Executive VP & President of Access Equipment Segment

    • Tenure: 9.2yrs
    • Compensation: US$2.31m
  • Robert Sims (57yo)

    Executive VP

    • Tenure: 0yrs
    • Compensation: US$1.56m
  • Ignacio Cortina (48yo)

    Executive VP

    • Tenure: 4yrs
    • Compensation: US$1.86m
  • Chris Freeders (49yo)

    Principal Accounting Officer

    • Tenure: 2.6yrs
  • Robert Messina (49yo)

    Senior VP of Engineering & Technology and CTO

    • Tenure: 4.6yrs
  • John Bryant (61yo)

    Executive VP & President of Defense Segment

    • Tenure: 3.3yrs
    • Compensation: US$1.69m
  • Anupam Khare (55yo)

    Senior VP & Chief Information Officer

    • Tenure: 1.5yrs

Board Members

  • Craig Omtvedt (70yo)

    Independent Chairman of the Board

    • Tenure: 2.7yrs
    • Compensation: US$393.92k
  • John Shiely (66yo)

    Independent Director

    • Tenure: 7.8yrs
    • Compensation: US$257.29k
  • Steve Newlin (66yo)

    Independent Director

    • Tenure: 6.8yrs
    • Compensation: US$257.85k
  • Leslie Kenne (71yo)

    Independent Director

    • Tenure: 8.9yrs
    • Compensation: US$258.10k
  • Wilson Jones (58yo)

    President

    • Tenure: 3.8yrs
    • Compensation: US$10.59m
  • Duncan Palmer (54yo)

    Independent Director

    • Tenure: 8.3yrs
    • Compensation: US$244.35k
  • Keith Allman (56yo)

    Independent Director

    • Tenure: 4.1yrs
    • Compensation: US$250.50k
  • Kim Metcalf-Kupres (58yo)

    Independent Director

    • Tenure: 3.4yrs
    • Compensation: US$248.99k
  • Sandy Rowland (48yo)

    Independent Director

    • Tenure: 1.1yrs
    • Compensation: US$58.08k
  • Ray Odierno (64yo)

    Independent Director

    • Tenure: 1.4yrs
    • Compensation: US$147.04k

Company Information

Oshkosh Corporation's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Oshkosh Corporation
  • Ticker: OSK
  • Exchange: NYSE
  • Founded: 1917
  • Industry: Construction Machinery and Heavy Trucks
  • Sector: Capital Goods
  • Market Cap: US$5.251b
  • Shares outstanding: 68.40m
  • Website: https://www.oshkoshcorp.com

Number of Employees


Location

  • Oshkosh Corporation
  • 2307 Oregon Street
  • Oshkosh
  • Wisconsin
  • 54903
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
OSKNYSE (New York Stock Exchange)YesCommon StockUSUSDOct 1985
OK3DB (Deutsche Boerse AG)YesCommon StockDEEUROct 1985
0KDILSE (London Stock Exchange)YesCommon StockGBUSDOct 1985

Biography

Oshkosh Corporation designs, manufactures, and markets specialty vehicles and vehicle bodies worldwide. The company’s Access Equipment segment provides aerial work platforms and telehandlers for use in var ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/21 23:48
End of Day Share Price2019/10/21 00:00
Earnings2019/06/30
Annual Earnings2018/09/30


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.