| Snowflake Score | |
|---|---|
| Valuation | 3/6 |
| Future Growth | 0/6 |
| Past Performance | 2/6 |
| Financial Health | 6/6 |
| Dividends | 3/6 |
CVR Overview
Chicago Rivet & Machine Co. operates in the fastener industry in North America.
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$26.84 |
| 52 Week High | US$20.02 |
| 52 Week Low | US$33.60 |
| Beta | 0.044 |
| 1 Month Change | -0.74% |
| 3 Month Change | -0.41% |
| 1 Year Change | 27.81% |
| 3 Year Change | -17.47% |
| 5 Year Change | -8.43% |
| Change since IPO | 149.67% |
Recent News & Updates
Shareholder Returns
| CVR | US Machinery | US Market | |
|---|---|---|---|
| 7D | 3.8% | 1.6% | 1.7% |
| 1Y | 27.8% | 25.9% | 30.3% |
Return vs Industry: CVR exceeded the US Machinery industry which returned 25.9% over the past year.
Return vs Market: CVR underperformed the US Market which returned 30.3% over the past year.
Price Volatility
| CVR volatility | |
|---|---|
| CVR Beta | 0.044 |
| Industry Beta | 1.26 |
| Market Beta | 1 |
Stable Share Price: CVR is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: CVR's weekly volatility (3%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1920 | 209 | Walter Morrissey | https://www.chicagorivet.com |
Chicago Rivet & Machine Co. operates in the fastener industry in North America. It operates in two segments, Fasteners and Assembly Equipment. The Fastener segment manufactures and sells rivets, cold-formed fasteners and parts, and screw machine products.
Chicago Rivet & Machine Fundamentals Summary
| CVR fundamental statistics | |
|---|---|
| Market Cap | US$25.93m |
| Earnings (TTM) | US$1.63m |
| Revenue (TTM) | US$33.58m |
15.9x
P/E Ratio0.8x
P/S RatioIs CVR overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| CVR income statement (TTM) | |
|---|---|
| Revenue | US$33.58m |
| Cost of Revenue | US$26.33m |
| Gross Profit | US$7.25m |
| Expenses | US$5.61m |
| Earnings | US$1.63m |
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
n/a
| Earnings per share (EPS) | 1.69 |
| Gross Margin | 21.58% |
| Net Profit Margin | 4.86% |
| Debt/Equity Ratio | 0.0% |
How did CVR perform over the long term?
See historical performance and comparisonDividends
3.3%
Current Dividend Yield38%
Payout RatioValuation
Is Chicago Rivet & Machine undervalued compared to its fair value and its price relative to the market?
15.88x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: CVR ($26.84) is trading above our estimate of fair value ($15.76)
Significantly Below Fair Value: CVR is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: CVR is good value based on its PE Ratio (15.9x) compared to the US Machinery industry average (29.9x).
PE vs Market: CVR is good value based on its PE Ratio (15.9x) compared to the US market (18.2x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate CVR's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: CVR is good value based on its PB Ratio (0.9x) compared to the US Machinery industry average (2.8x).
Future Growth
How is Chicago Rivet & Machine forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
14.1%
Forecasted Capital Goods industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Chicago Rivet & Machine has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
Past Performance
How has Chicago Rivet & Machine performed over the past 5 years?
-32.0%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: CVR has high quality earnings.
Growing Profit Margin: CVR became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: CVR's earnings have declined by 32% per year over the past 5 years.
Accelerating Growth: CVR has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: CVR has become profitable in the last year, making it difficult to compare its past year earnings growth to the Machinery industry (17.3%).
Return on Equity
High ROE: CVR's Return on Equity (5.6%) is considered low.
Financial Health
How is Chicago Rivet & Machine's financial position?
Financial Position Analysis
Short Term Liabilities: CVR's short term assets ($19.6M) exceed its short term liabilities ($2.3M).
Long Term Liabilities: CVR's short term assets ($19.6M) exceed its long term liabilities ($939.1K).
Debt to Equity History and Analysis
Debt Level: CVR is debt free.
Reducing Debt: CVR has not had any debt for past 5 years.
Debt Coverage: CVR has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: CVR has no debt, therefore coverage of interest payments is not a concern.
Balance Sheet
Dividend
What is Chicago Rivet & Machine current dividend yield, its reliability and sustainability?
3.28%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: CVR's dividend (3.28%) is higher than the bottom 25% of dividend payers in the US market (1.29%).
High Dividend: CVR's dividend (3.28%) is low compared to the top 25% of dividend payers in the US market (3.48%).
Stability and Growth of Payments
Stable Dividend: CVR's dividend payments have been volatile in the past 10 years.
Growing Dividend: CVR's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (37.9%), CVR's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
15.4yrs
Average management tenure
CEO
Walter Morrissey (78 yo)
1.42yrs
Tenure
US$236,194
Compensation
Mr. Walter W. Morrissey serves as the Chairman of the Board and Chief Executive Officer at Chicago Rivet & Machine Co. since May 12, 2020 and serves as its Director since 1972. He has been Senior Counsel o...
CEO Compensation Analysis
Compensation vs Market: Walter's total compensation ($USD236.19K) is below average for companies of similar size in the US market ($USD542.68K).
Compensation vs Earnings: Walter's compensation has been consistent with company performance over the past year.
Leadership Team
Experienced Management: CVR's management team is seasoned and experienced (15.4 years average tenure).
Board Members
Experienced Board: CVR's board of directors are not considered experienced ( 1.4 years average tenure), which suggests a new board.
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.
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Chicago Rivet & Machine Co.'s employee growth, exchange listings and data sources
Key Information
- Name: Chicago Rivet & Machine Co.
- Ticker: CVR
- Exchange: NYSEAM
- Founded: 1920
- Industry: Industrial Machinery
- Sector: Capital Goods
- Market Cap: US$25.931m
- Shares outstanding: 966.13k
- Website: https://www.chicagorivet.com
Number of Employees
Location
- Chicago Rivet & Machine Co.
- 901 Frontenac Road
- Naperville
- Illinois
- 60563
- United States
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/10/24 22:09 |
| End of Day Share Price | 2021/10/22 00:00 |
| Earnings | 2021/06/30 |
| Annual Earnings | 2020/12/31 |
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.