Oshkosh
Market Cap
US$6.4b
Last Updated
2021/01/26 00:24 UTC
Data Sources
Company Financials +
Executive Summary
Oshkosh Corporation designs, manufactures, and markets specialty vehicles and vehicle bodies worldwide. More Details
Rewards
Risk Analysis
Snowflake Analysis
Flawless balance sheet and undervalued.
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
Stable Share Price: OSK is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: OSK's weekly volatility (6%) has been stable over the past year.
Market Performance
7 Day Return
-0.7%
OSK
-0.02%
US Machinery
2.6%
US Market
1 Year Return
6.2%
OSK
28.5%
US Machinery
26.0%
US Market
Return vs Industry: OSK underperformed the US Machinery industry which returned 27.5% over the past year.
Return vs Market: OSK underperformed the US Market which returned 23.8% over the past year.
Shareholder returns
| OSK | Industry | Market | |
|---|---|---|---|
| 7 Day | -0.7% | -0.02% | 2.6% |
| 30 Day | 9.0% | 5.1% | 5.1% |
| 90 Day | 27.1% | 20.1% | 17.1% |
| 1 Year | 8.0%6.2% | 31.7%28.5% | 28.9%26.0% |
| 3 Year | 5.3%0.7% | 28.5%19.4% | 46.3%36.6% |
| 5 Year | 219.2%196.6% | 166.5%137.0% | 126.9%101.6% |
Long-Term 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
15 hours ago | Simply Wall St
Should Oshkosh Corporation (NYSE:OSK) Be Part Of Your Dividend Portfolio?2 weeks ago | Simply Wall St
Calculating The Intrinsic Value Of Oshkosh Corporation (NYSE:OSK)4 weeks ago | Simply Wall St
Will Oshkosh (NYSE:OSK) Multiply In Value Going Forward?Valuation
Is Oshkosh undervalued compared to its fair value and its price relative to the market?
22.2%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: OSK ($94.98) is trading below our estimate of fair value ($120.06)
Significantly Below Fair Value: OSK is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: OSK is good value based on its PE Ratio (19.9x) compared to the US Machinery industry average (33x).
PE vs Market: OSK is good value based on its PE Ratio (19.9x) compared to the US market (21.3x).
Price to Earnings Growth Ratio
PEG Ratio: OSK is poor value based on its PEG Ratio (1.1x)
Price to Book Ratio
PB vs Industry: OSK is good value based on its PB Ratio (2.3x) compared to the US Machinery industry average (3.1x).
Next Steps
Future Growth
How is Oshkosh forecast to perform in the next 1 to 3 years based on estimates from 14 analysts?
17.6%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: OSK's forecast earnings growth (17.6% per year) is above the savings rate (2%).
Earnings vs Market: OSK's earnings (17.6% per year) are forecast to grow slower than the US market (21.6% per year).
High Growth Earnings: OSK's earnings are forecast to grow, but not significantly.
Revenue vs Market: OSK's revenue (5.1% per year) is forecast to grow slower than the US market (10.6% per year).
High Growth Revenue: OSK's revenue (5.1% 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 (15.9%).
Next Steps
Past Performance
How has Oshkosh performed over the past 5 years?
19.6%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: OSK has high quality earnings.
Growing Profit Margin: OSK's current net profit margins (4.7%) are lower than last year (6.9%).
Past Earnings Growth Analysis
Earnings Trend: OSK's earnings have grown by 19.6% per year over the past 5 years.
Accelerating Growth: OSK's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: OSK had negative earnings growth (-44%) over the past year, making it difficult to compare to the Machinery industry average (-15.5%).
Return on Equity
High ROE: OSK's Return on Equity (11.4%) is considered low.
Next Steps
Financial Health
How is Oshkosh's financial position?
Financial Position Analysis
Short Term Liabilities: OSK's short term assets ($3.5B) exceed its short term liabilities ($1.6B).
Long Term Liabilities: OSK's short term assets ($3.5B) exceed its long term liabilities ($1.4B).
Debt to Equity History and Analysis
Debt Level: OSK's debt to equity ratio (28.9%) is considered satisfactory.
Reducing Debt: OSK's debt to equity ratio has reduced from 48.7% to 28.9% over the past 5 years.
Debt Coverage: OSK's debt is well covered by operating cash flow (39.8%).
Interest Coverage: OSK's interest payments on its debt are well covered by EBIT (9.4x coverage).
Balance Sheet
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Dividend
What is Oshkosh current dividend yield, its reliability and sustainability?
1.41%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: OSK's dividend (1.39%) is higher than the bottom 25% of dividend payers in the US market (1.38%).
High Dividend: OSK's dividend (1.39%) is low compared to the top 25% of dividend payers in the US market (3.86%).
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, OSK has been paying a dividend for less than 10 years.
Growing Dividend: OSK's dividend payments have increased, but the company has only paid a dividend for 7 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (25.2%), OSK's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: OSK's dividends in 3 years are forecast to be well covered by earnings (17.5% payout ratio).
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Management
How experienced are the management team and are they aligned to shareholders interests?
4.2yrs
Average management tenure
CEO
Wilson Jones (59 yo)
5yrs
Tenure
US$8,106,122
Compensation
Mr. Wilson R. Jones has been the Chief Executive Officer of Oshkosh Corporation since January 1, 2016 and had been its President since August 1, 2012 until May 11, 2020. Mr. Jones served as the Chief Opera...
CEO Compensation Analysis
Compensation vs Market: Wilson's total compensation ($USD8.11M) is above average for companies of similar size in the US market ($USD6.22M).
Compensation vs Earnings: Wilson's compensation has been consistent with company performance over the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 5yrs | US$8.11m | 0.28% $ 17.7m | |
| President & COO | 0.67yr | US$2.95m | 0.014% $ 884.3k | |
| Executive VP & CFO | 0.75yr | US$828.26k | 0.016% $ 999.7k | |
| External Advisor | 0.75yr | US$2.63m | 0% $ 0 | |
| Executive VP & President of Access Equipment Segment | 10.42yrs | US$2.08m | 0.087% $ 5.6m | |
| Executive VP & President of Defense Segment | 4.58yrs | US$1.58m | 0.028% $ 1.8m | |
| Principal Accounting Officer | 3.83yrs | no data | 0.0066% $ 420.2k | |
| Senior VP of Engineering & Technology and CTO | 5.83yrs | no data | no data | |
| Senior VP & Chief Information Officer | 2.75yrs | no data | 0.0041% $ 259.5k | |
| Senior Vice President of Investor Relations | 14.33yrs | no data | no data | |
| Executive VP | 5.25yrs | US$1.86m | 0.037% $ 2.4m | |
| Senior VP & Chief Marketing Officer | 2.33yrs | no data | 0.0055% $ 352.6k |
4.2yrs
Average Tenure
55yo
Average Age
Experienced Management: OSK's management team is considered experienced (4.2 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 5yrs | US$8.11m | 0.28% $ 17.7m | |
| Independent Director | 12.67yrs | US$317.48k | 0.033% $ 2.1m | |
| Independent Director | 9yrs | US$260.39k | 0.031% $ 2.0m | |
| Independent Chairman of the Board | 0.92yr | US$347.54k | 0.0047% $ 298.4k | |
| Independent Director | 9.5yrs | US$261.33k | no data | |
| Independent Director | 5.33yrs | US$270.33k | 0.0020% $ 128.2k | |
| Independent Director | 4.67yrs | US$270.37k | 0.0024% $ 151.7k | |
| Independent Director | 2.33yrs | US$251.14k | 0.0064% $ 408.7k | |
| Independent Director | 2.67yrs | US$255.64k | no data | |
| Independent Director | 1.17yrs | US$270.87k | no data |
4.8yrs
Average Tenure
59yo
Average Age
Experienced Board: OSK's board of directors are considered experienced (4.8 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: OSK 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
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$6.376b
- Shares outstanding: 68.31m
- Website: https://www.oshkoshcorp.com
Number of Employees
Location
- Oshkosh Corporation
- 1917 Four Wheel Drive
- Oshkosh
- Wisconsin
- 54902
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| OSK | NYSE (New York Stock Exchange) | Yes | Common Stock | US | USD | Oct 1985 |
| OK3 | DB (Deutsche Boerse AG) | Yes | Common Stock | DE | EUR | Oct 1985 |
| 0KDI | LSE (London Stock Exchange) | Yes | Common Stock | GB | USD | Oct 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
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/01/26 00:24 |
| End of Day Share Price | 2021/01/25 00:00 |
| Earnings | 2020/09/30 |
| Annual Earnings | 2020/09/30 |
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.