Oshkosh Corporation designs, manufactures, and markets specialty vehicles and vehicle bodies worldwide.
Flawless balance sheet and undervalued.
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 has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: OSK underperformed the US Machinery industry which returned 2.8% over the past year.
Return vs Market: OSK underperformed the US Market which returned 10.5% over the past year.
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
1 week ago | Simply Wall StOshkosh Corporation (NYSE:OSK) Earns A Nice Return On Capital Employed
2 weeks ago | Simply Wall StHave Insiders Sold Oshkosh Corporation (NYSE:OSK) Shares Recently?
2 weeks ago | Simply Wall StOshkosh Corporation (NYSE:OSK) Looks Interesting, And It's About To Pay A Dividend
Is Oshkosh 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: OSK ($76.69) is trading below our estimate of fair value ($106.53)
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 (9.7x) compared to the Machinery industry average (21x).
PE vs Market: OSK is good value based on its PE Ratio (9.7x) compared to the US market (17.2x).
Price to Earnings Growth Ratio
PEG Ratio: OSK is poor value based on its PEG Ratio (6.6x)
Price to Book Ratio
PB vs Industry: OSK is good value based on its PB Ratio (2x) compared to the US Machinery industry average (2.1x).
How is Oshkosh forecast to perform in the next 1 to 3 years based on estimates from 14 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: OSK's forecast earnings growth (1.5% per year) is below the savings rate (1.7%).
Earnings vs Market: OSK's earnings (1.5% per year) are forecast to grow slower than the US market (13.2% per year).
High Growth Earnings: OSK's earnings are forecast to grow, but not significantly.
Revenue vs Market: OSK's revenue (1.4% per year) is forecast to grow slower than the US market (7.6% per year).
High Growth Revenue: OSK's revenue (1.4% 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 (16.8%).
How has Oshkosh performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: OSK has high quality earnings.
Growing Profit Margin: OSK's current net profit margins (6.6%) are lower than last year (6.6%).
Past Earnings Growth Analysis
Earnings Trend: OSK's earnings have grown significantly by 22.6% per year over the past 5 years.
Accelerating Growth: OSK's earnings growth over the past year (4.1%) is below its 5-year average (22.6% per year).
Earnings vs Industry: OSK earnings growth over the past year (4.1%) exceeded the Machinery industry 0.9%.
Return on Equity
High ROE: OSK's Return on Equity (20.4%) is considered high.
Return on Assets
Return on Capital Employed
How is Oshkosh's financial position?
Financial Position Analysis
Short Term Liabilities: OSK's short term assets ($3.2B) exceed its short term liabilities ($1.5B).
Long Term Liabilities: OSK's short term assets ($3.2B) exceed its long term liabilities ($1.4B).
Debt to Equity History and Analysis
Debt Level: OSK's debt to equity ratio (30.6%) is considered satisfactory.
Reducing Debt: OSK's debt to equity ratio has reduced from 46.8% to 30.6% over the past 5 years.
Debt Coverage: OSK's debt is well covered by operating cash flow (61.6%).
Interest Coverage: OSK's interest payments on its debt are well covered by EBIT (15.5x coverage).
Inventory Level: OSK has a high level of physical assets or inventory.
Debt Coverage by Assets: OSK's debt is covered by short term assets (assets are 3.9x debt).
What is Oshkosh's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: OSK's dividend (1.56%) is higher than the bottom 25% of dividend payers in the US market (1.52%).
High Dividend: OSK's dividend (1.56%) is low compared to the top 25% of dividend payers in the US market (3.9%).
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, OSK has been paying a dividend for less than 10 years.
Growing Dividend: OSK's dividend payments have increased, but the company has only paid a dividend for 6 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (14%), OSK's dividend payments are thoroughly covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: OSK's dividends in 3 years are forecast to be well covered by earnings (15.9% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Wilson Jones (58yo)
Mr. Wilson R. Jones has been the Chief Executive Officer of Oshkosh Corporation since January 1, 2016 and has been its President since August 1, 2012. Mr. Jones served as the Chief Operating Officer of Osh ...
CEO Compensation Analysis
Compensation vs Market: Wilson's total compensation ($USD10.26M) is above average for companies of similar size in the US market ($USD6.41M).
Compensation vs Earnings: Wilson's compensation has been consistent with company performance over the past year.
|Executive VP & CFO||12.3yrs||US$3.73m||0.21% $11.4m|
|Executive VP & COO||0.8yrs||US$4.62m||no data|
|Executive VP and President of Fire & Emergency Segment||10.1yrs||US$2.37m||0.058% $3.2m|
|Executive VP & President of Access Equipment Segment||9.5yrs||US$3.23m||0.077% $4.2m|
|Principal Accounting Officer||2.9yrs||no data||0.0051% $283.0k|
|Senior VP of Engineering & Technology and CTO||4.9yrs||no data||0.026% $1.4m|
|Senior VP & Chief Information Officer||1.8yrs||no data||0.0018% $99.3k|
|Executive VP||0yrs||US$1.56m||0.017% $961.7k|
|Senior Vice President of Investor Relations||13.4yrs||no data||no data|
Experienced Management: OSK's management team is considered experienced (4.9 years average tenure).
|Independent Director||8.1yrs||US$269.20k||0.037% $2.0m|
|Independent Chairman of the Board||0yrs||US$277.95k||0.0047% $258.2k|
|Independent Director||8.6yrs||US$267.37k||0.040% $2.2m|
|Independent Director||4.4yrs||US$268.63k||0.0020% $110.9k|
|Independent Director||3.8yrs||US$274.30k||0.014% $774.6k|
|Independent Director||1.4yrs||US$264.54k||0.0064% $353.1k|
|Independent Director||1.8yrs||US$263.58k||0.011% $627.3k|
|Independent Director||0.3yrs||no data||0.0030% $163.9k|
Experienced Board: OSK's board of directors are considered experienced (4.1 years average tenure).
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
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Oshkosh Corporation's company bio, employee growth, exchange listings and data sources
- Name: Oshkosh Corporation
- Ticker: OSK
- Exchange: NYSE
- Founded: 1917
- Industry: Construction Machinery and Heavy Trucks
- Sector: Capital Goods
- Market Cap: US$5.517b
- Shares outstanding: 68.31m
- Website: https://www.oshkoshcorp.com
Number of Employees
- Oshkosh Corporation
- 2307 Oregon Street
- PO Box 2566
- United States
|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|
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 various construction, industrial, institutional, and general maintenance applications. This segment also offers rental fleet loans and leases, and floor plan and retail financing through third-party funding arrangements; towing and recovery equipment; carriers and wreckers; equipment installation services; and chassis and service parts sales. Its Defense segment provides heavy, medium, and light tactical wheeled vehicles and related services to the department of defense. The company’s Fire & Emergency segment offers custom and commercial firefighting vehicles and equipment; and emergency vehicles, such as pumpers, aerial platform, ladder and tiller trucks, tankers, rescue vehicles, wild land rough terrain response vehicles, mobile command and control centers, bomb squad vehicles, hazardous materials control vehicles, and other emergency response vehicles. This segment also provides aircraft rescue and firefighting, snow removal, and broadcast and communication vehicles, as well as command trucks, and military simulator shelters and trailers. Its Commercial segment offers front-and rear-discharge concrete mixers, portable and stationary concrete batch plants for the concrete ready-mix industry; refuse collection vehicles to waste service industry; and field service vehicles and truck-mounted cranes for the construction, equipment dealer, building supply, utility, tire service, railroad, and mining industries. Oshkosh Corporation provides its products through direct sales representatives, dealers, and distributors. The company was formerly known as Oshkosh Truck Corporation and changed its name to Oshkosh Corporation in February 2008. Oshkosh Corporation was founded in 1917 and is headquartered in Oshkosh, Wisconsin.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/26 00:28|
|End of Day Share Price||2020/02/25 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.