CVR

Chicago Rivet & MachineNYSEAM:CVR Stock Report

Market Cap

US$25.4m

7D

-0.8%

1Y

29.1%

Updated

16 Sep, 2021

Data

Company Financials
CVR fundamental analysis
Snowflake Score
Valuation3/6
Future Growth0/6
Past Performance2/6
Financial Health6/6
Dividends3/6

CVR Overview

Chicago Rivet & Machine Co. operates in the fastener industry in North America.

Price History & Performance

Summary of all time highs, changes and price drops for Chicago Rivet & Machine
Historical stock prices
Current Share PriceUS$26.25
52 Week HighUS$19.80
52 Week LowUS$33.60
Beta0.059
1 Month Change-0.38%
3 Month Change0.96%
1 Year Change29.12%
3 Year Change-17.24%
5 Year Change-9.06%
Change since IPO144.19%

Recent News & Updates

Shareholder Returns

CVRUS MachineryUS Market
7D-0.8%-0.2%-0.6%
1Y29.1%32.8%33.7%

Return vs Industry: CVR underperformed the US Machinery industry which returned 33% over the past year.

Return vs Market: CVR underperformed the US Market which returned 30.7% over the past year.

Price Volatility

Is CVR's price volatile compared to industry and market?
CVR volatility
CVR Beta0.059
Industry Beta1.25
Market Beta1

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

FoundedEmployeesCEOWebsite
1920209Walter Morrisseyhttps://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.

Valuation

Is Chicago Rivet & Machine undervalued compared to its fair value and its price relative to the market?

15.53x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: CVR ($26.25) is trading above our estimate of fair value ($14.71)

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 (15.5x) compared to the US Machinery industry average (29.1x).

PE vs Market: CVR is good value based on its PE Ratio (15.5x) compared to the US market (17.1x).


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 (2.6x).


Future Growth

How is Chicago Rivet & Machine forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

13.9%

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 (22.1%).


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?

3.35%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: CVR's dividend (3.35%) is higher than the bottom 25% of dividend payers in the US market (1.36%).

High Dividend: CVR's dividend (3.35%) is low compared to the top 25% of dividend payers in the US market (3.6%).


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?

15.3yrs

Average management tenure


CEO

Walter Morrissey (78 yo)

1.33yrs

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 ($USD236.19K) is below average for companies of similar size in the US market ($USD545.00K).

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 (15.3 years average tenure).


Board Members

Experienced Board: CVR's board of directors are not considered experienced ( 1.3 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$25.361m
  • 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

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/09/16 05:01
End of Day Share Price2021/09/15 00:00
Earnings2021/06/30
Annual Earnings2020/12/31


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.