AMEX:CVR

Stock Analysis Report

Executive Summary

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

Snowflake

Fundamentals

Flawless balance sheet average dividend payer.

Risks

  • Chicago Rivet & Machine is not covered by any analysts.

Share Price & News

How has Chicago Rivet & Machine's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

0.4%

CVR

-1.7%

US Machinery

-0.5%

US Market


1 Year Return

-17.2%

CVR

-6.2%

US Machinery

0.9%

US Market

CVR underperformed the Machinery industry which returned -7.4% over the past year.

CVR underperformed the Market in United States of America which returned 0.7% over the past year.


Share holder returns

CVRIndustryMarket
7 Day0.4%-1.7%-0.5%
30 Day-3.6%9.8%4.8%
90 Day-5.5%-1.4%2.3%
1 Year-13.8%-17.2%-4.3%-6.2%3.1%0.9%
3 Year6.0%-4.6%48.5%38.9%45.5%36.0%
5 Year2.7%-13.9%55.3%36.3%62.5%44.7%

Price Volatility Vs. Market

How volatile is Chicago Rivet & Machine's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Chicago Rivet & Machine undervalued based on future cash flows and its price relative to the stock market?

23.44x

Price to Earnings (PE) ratio


Intrinsic Value Based on Future Cash Flows

Chicago Rivet & Machine's share price is above the future cash flow value, it's not available at a moderate discount (< 20%).

Chicago Rivet & Machine's share price is above the future cash flow value, it's not available at a substantial discount (< 40%).


Price Based on Earnings

Chicago Rivet & Machine is overvalued based on earnings compared to the US Machinery industry average.

Chicago Rivet & Machine is overvalued based on earnings compared to the United States of America market.


Price Based on Expected Growth

Unable to calculate PEG ratio for Chicago Rivet & Machine, we can't assess if its growth is good value.


Price Based on Value of Assets

Chicago Rivet & Machine is good value based on assets compared to the US Machinery industry average.


Next Steps

Future Growth

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

23.4%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Unable to determine if Chicago Rivet & Machine is high growth as no revenue estimate data is available.

Chicago Rivet & Machine's earnings are expected to grow significantly at over 20% yearly.

Unable to compare Chicago Rivet & Machine's revenue growth to the United States of America market average as no estimate data is available.

Chicago Rivet & Machine's earnings growth is expected to exceed the United States of America market average.

Chicago Rivet & Machine's earnings growth is expected to exceed the low risk savings rate of 2.7%.


Earnings per Share Growth Estimates


Future Return on Equity

Unable to establish if Chicago Rivet & Machine will efficiently use shareholders’ funds in the future without estimates of Return on Equity.


Next Steps

Past Performance

How has Chicago Rivet & Machine performed over the past 5 years?

-2.0%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Chicago Rivet & Machine's year on year earnings growth rate was negative over the past 5 years and the most recent earnings are below average.

Chicago Rivet & Machine's 1-year earnings growth is negative, it can't be compared to the 5-year average.

Chicago Rivet & Machine's 1-year earnings growth is negative, it can't be compared to the US Machinery industry average.


Return on Equity

Chicago Rivet & Machine has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).


Return on Assets

Chicago Rivet & Machine used its assets less efficiently than the US Machinery industry average last year based on Return on Assets.


Return on Capital Employed

Chicago Rivet & Machine's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).


Next Steps

Financial Health

How is Chicago Rivet & Machine's financial position?


Financial Position Analysis

Chicago Rivet & Machine is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.

Chicago Rivet & Machine's cash and other short term assets cover its long term commitments.


Debt to Equity History and Analysis

Chicago Rivet & Machine has no debt.

Chicago Rivet & Machine has not taken on any debt in the past 5 years.

Chicago Rivet & Machine has no debt, it does not need to be covered by operating cash flow.

Chicago Rivet & Machine has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet

High level of physical assets or inventory.

Chicago Rivet & Machine has no debt, it does not need to be covered by short term assets.


Next Steps

Dividend

What is Chicago Rivet & Machine's current dividend yield, its reliability and sustainability?

4.39%

Current Dividend Yield


Dividend Yield and Payments Analysis

Chicago Rivet & Machine's pays a higher dividend yield than the bottom 25% of dividend payers in United States of America (1.44%).

Chicago Rivet & Machine's dividend is above the markets top 25% of dividend payers in United States of America (3.71%).

Dividends per share have been volatile in the past 10 years (annual drop of over 20%).

Dividends per share have increased over the past 10 years.


Current Payout to Shareholders

Dividends paid are covered by earnings (1.3x coverage).


Future Payout to Shareholders

Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.


Next Steps

Management

What is the CEO of Chicago Rivet & Machine's salary, the management and board of directors tenure and is there insider trading?

28.1yrs

Average management tenure


CEO

John Morrissey (83yo)

38.1yrs

Tenure

US$409,284

Compensation

Mr. John A. Morrissey has been the Chief Executive Officer of Chicago Rivet & Machine Co., since August 1981. Mr. Morrissey serves as President of The First Algonquin Company (a bank holding company). Mr.  ...


CEO Compensation Analysis

John's remuneration is about average for companies of similar size in United States of America.

John's compensation has been consistent with company performance over the past year, both up more than 20%.


Management Age and Tenure

28.1yrs

Average Tenure

60yo

Average Age

The average tenure for the Chicago Rivet & Machine management team is over 5 years, this suggests they are a seasoned and experienced team.


Board Age and Tenure

15.7yrs

Average Tenure

68yo

Average Age

The average tenure for the Chicago Rivet & Machine board of directors is over 10 years, this suggests they are a seasoned and experienced board.


Insider Trading

No 3 month open market individual insider trading information.


Ownership Breakdown


Management Team

  • John Morrissey (83yo)

    Chairman & CEO

    • Tenure: 38.1yrs
    • Compensation: US$409.28k
  • Kimberly Kirhofer (60yo)

    Secretary

    • Tenure: 28.1yrs
  • Michael Bourg (56yo)

    President

    • Tenure: 13.3yrs
    • Compensation: US$375.80k

Board Members

  • John Morrissey (83yo)

    Chairman & CEO

    • Tenure: 38.1yrs
    • Compensation: US$409.28k
  • John Osterman (67yo)

    Director

    • Tenure: 0.3yrs
    • Compensation: US$131.66k
  • Walter Morrissey (76yo)

    Director

    • Tenure: 47.7yrs
    • Compensation: US$30.50k
  • Edward Chott (83yo)

    Independent Director

    • Tenure: 19.7yrs
    • Compensation: US$19.00k
  • Michael Bourg (56yo)

    President

    • Tenure: 13.3yrs
    • Compensation: US$375.80k
  • Kent Cooney (68yo)

    Independent Director

    • Tenure: 15.7yrs
    • Compensation: US$17.40k
  • John Showel (53yo)

    Independent Director

    • Tenure: 6.3yrs
    • Compensation: US$15.80k

Company Information

Chicago Rivet & Machine Co.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Chicago Rivet & Machine Co.
  • Ticker: CVR
  • Exchange: AMEX
  • Founded: 1920
  • Industry: Industrial Machinery
  • Sector: Capital Goods
  • Market Cap: US$25.941m
  • 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

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
CVRAMEX (NYSE MKT LLC)YesCommon StockUSUSDJan 1968
8CRDB (Deutsche Boerse AG)YesCommon StockDEEURJan 1968

Biography

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-forme ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/09/23 23:33
End of Day Share Price2019/09/23 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


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.