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REVG

REV Group NYSE:REVG Stock Report

Last Price

US$12.11

Market Cap

US$762.2m

7D

-1.4%

1Y

-35.4%

Updated

16 May, 2022

Data

Company Financials +
REVG fundamental analysis
Snowflake Score
Valuation3/6
Future Growth3/6
Past Performance2/6
Financial Health5/6
Dividends3/6

REVG Stock Overview

REV Group, Inc. designs, manufactures, and distributes specialty vehicles, and related aftermarket parts and services in the United States, Canada, Europe, Africa, and internationally.

REV Group Competitors

Price History & Performance

Summary of all time highs, changes and price drops for REV Group
Historical stock prices
Current Share PriceUS$12.11
52 Week HighUS$21.74
52 Week LowUS$11.20
Beta2.16
1 Month Change-2.73%
3 Month Change-14.30%
1 Year Change-35.38%
3 Year Change4.22%
5 Year Change-54.59%
Change since IPO-51.56%

Recent News & Updates

Mar 27

REV Group: The Easy Upside Has Been Captured, But Potential Remains

REV Group has performed exceptionally well in recent months, with returns far outpacing the broader market. This comes even after a lackluster first quarter for its 2021 fiscal year and was backed by attractive guidance for the year. All things considered, though, shares of the business look attractively priced and indicate that further upside potential exists.

Mar 22
A Look At The Intrinsic Value Of REV Group, Inc. (NYSE:REVG)

A Look At The Intrinsic Value Of REV Group, Inc. (NYSE:REVG)

In this article we are going to estimate the intrinsic value of REV Group, Inc. ( NYSE:REVG ) by projecting its future...

Shareholder Returns

REVGUS MachineryUS Market
7D-1.4%-0.4%0.7%
1Y-35.4%-18.2%-10.8%

Return vs Industry: REVG underperformed the US Machinery industry which returned -18.2% over the past year.

Return vs Market: REVG underperformed the US Market which returned -10.4% over the past year.

Price Volatility

Is REVG's price volatile compared to industry and market?
REVG volatility
REVG Average Weekly Movement5.5%
Machinery Industry Average Movement5.6%
Market Average Movement7.8%
10% most volatile stocks in US Market16.8%
10% least volatile stocks in US Market2.9%

Stable Share Price: REVG is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: REVG's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
n/a6,800Rod Rushinghttps://www.revgroup.com

REV Group, Inc. designs, manufactures, and distributes specialty vehicles, and related aftermarket parts and services in the United States, Canada, Europe, Africa, and internationally. It operates through three segments: Fire & Emergency, Commercial, and Recreation. The Fire & Emergency segment provides fire apparatus equipment under the Emergency One, Kovatch Mobile Equipment, Ferrara, Spartan Emergency Response, Smeal, and Ladder Tower brands; and ambulances under the American Emergency Vehicles, Horton Emergency Vehicles, Leader Emergency Vehicles, Road Rescue, and Wheeled Coach brands.

REV Group Fundamentals Summary

How do REV Group's earnings and revenue compare to its market cap?
REVG fundamental statistics
Market CapUS$762.23m
Earnings (TTM)US$43.70m
Revenue (TTM)US$2.36b

17.4x

P/E Ratio

0.3x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
REVG income statement (TTM)
RevenueUS$2.36b
Cost of RevenueUS$2.08b
Gross ProfitUS$285.10m
Other ExpensesUS$241.40m
EarningsUS$43.70m

Last Reported Earnings

Jan 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)0.69
Gross Margin12.06%
Net Profit Margin1.85%
Debt/Equity Ratio52.4%

How did REVG perform over the long term?

See historical performance and comparison

Dividends

1.7%

Current Dividend Yield

29%

Payout Ratio

Valuation

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

Valuation Score

3/6

Valuation Score 3/6

  • Below Fair Value

  • Significantly Below Fair Value

  • PE vs Industry

  • PE vs Market

  • PEG Ratio

  • PB vs Industry


17.44x

Price to Earnings (PE) ratio

Share Price vs. Fair Value

Below Fair Value: REVG ($12.11) is trading above our estimate of fair value ($10.53)

Significantly Below Fair Value: REVG is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: REVG is good value based on its PE Ratio (17.4x) compared to the US Machinery industry average (21.5x).

PE vs Market: REVG is poor value based on its PE Ratio (17.4x) compared to the US market (15.5x).


Price to Earnings Growth Ratio

PEG Ratio: REVG is good value based on its PEG Ratio (0.7x)


Price to Book Ratio

PB vs Industry: REVG is good value based on its PB Ratio (1.6x) compared to the US Machinery industry average (2.2x).


Future Growth

How is REV Group forecast to perform in the next 1 to 3 years based on estimates from 6 analysts?

Future Growth Score

3/6

Future Growth Score 3/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


26.7%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: REVG's forecast earnings growth (26.7% per year) is above the savings rate (1.9%).

Earnings vs Market: REVG's earnings (26.7% per year) are forecast to grow faster than the US market (12.6% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: REVG's revenue (3.3% per year) is forecast to grow slower than the US market (8% per year).

High Growth Revenue: REVG's revenue (3.3% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: REVG's Return on Equity is forecast to be low in 3 years time (14.3%).


Past Performance

How has REV Group performed over the past 5 years?

Past Performance Score

2/6

Past Performance Score 2/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


-17.5%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: REVG has high quality earnings.

Growing Profit Margin: REVG became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: REVG's earnings have declined by 17.5% per year over the past 5 years.

Accelerating Growth: REVG has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: REVG has become profitable in the last year, making it difficult to compare its past year earnings growth to the Machinery industry (29.3%).


Return on Equity

High ROE: REVG's Return on Equity (9%) is considered low.


Financial Health

How is REV Group's financial position?

Financial Health Score

5/6

Financial Health Score 5/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: REVG's short term assets ($816.9M) exceed its short term liabilities ($485.4M).

Long Term Liabilities: REVG's short term assets ($816.9M) exceed its long term liabilities ($318.8M).


Debt to Equity History and Analysis

Debt Level: REVG's net debt to equity ratio (49.6%) is considered high.

Reducing Debt: REVG's debt to equity ratio has reduced from 115.4% to 52.4% over the past 5 years.

Debt Coverage: REVG's debt is well covered by operating cash flow (59.6%).

Interest Coverage: REVG's interest payments on its debt are well covered by EBIT (5.4x coverage).


Balance Sheet


Dividend

What is REV Group current dividend yield, its reliability and sustainability?

Dividend Score

3/6

Dividend Score 3/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage


1.65%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: REVG's dividend (1.65%) is higher than the bottom 25% of dividend payers in the US market (1.54%).

High Dividend: REVG's dividend (1.65%) is low compared to the top 25% of dividend payers in the US market (4.05%).


Stability and Growth of Payments

Stable Dividend: REVG has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: REVG has only been paying a dividend for 5 years, and since then payments have not increased.


Earnings Payout to Shareholders

Earnings Coverage: With its reasonably low payout ratio (28.9%), REVG's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its low cash payout ratio (10%), REVG's dividend payments are thoroughly covered by cash flows.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

2.7yrs

Average management tenure


CEO

Rod Rushing (54 yo)

2.17yrs

Tenure

US$5,874,288

Compensation

Mr. Rodney N. Rushing, also known as Rod, has been Chief Executive Officer and Director of REV Group, Inc. since March 23, 2020 and serves as its President since March 2020. Mr. Rushing assumes day-to-day...


CEO Compensation Analysis

Compensation vs Market: Rod's total compensation ($USD5.87M) is above average for companies of similar size in the US market ($USD3.88M).

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


Leadership Team

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


Board Members

Experienced Board: REVG's board of directors are considered experienced (6.3 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.


Recent Insider Transactions

Ownership Breakdown

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


Top Shareholders

Company Information

REV Group, Inc.'s employee growth, exchange listings and data sources


Key Information

  • Name: REV Group, Inc.
  • Ticker: REVG
  • Exchange: NYSE
  • Founded: NaN
  • Industry: Construction Machinery and Heavy Trucks
  • Sector: Capital Goods
  • Implied Market Cap: US$762.226m
  • Shares outstanding: 62.94m
  • Website: https://www.revgroup.com

Number of Employees


Location

  • REV Group, Inc.
  • 245 South Executive Drive
  • Suite 100
  • Brookfield
  • Wisconsin
  • 53005
  • United States

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/05/16 00:00
End of Day Share Price2022/05/16 00:00
Earnings2022/01/31
Annual Earnings2021/10/31


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.