AMEX:CVR

Stock Analysis Report

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Executive Summary

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


Snowflake Analysis

Flawless balance sheet and fair value.

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

Stable Share Price: CVR has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

4.8%

CVR

1.8%

US Machinery

1.3%

US Market


1 Year Return

-19.9%

CVR

11.9%

US Machinery

15.8%

US Market

Return vs Industry: CVR underperformed the US Machinery industry which returned 9% over the past year.

Return vs Market: CVR underperformed the US Market which returned 13.8% over the past year.


Shareholder returns

CVRIndustryMarket
7 Day4.8%1.8%1.3%
30 Day3.2%-1.8%-4.1%
90 Day1.9%12.5%8.4%
1 Year-17.8%-19.9%14.0%11.9%18.4%15.8%
3 Year-24.5%-31.9%19.5%11.7%38.2%29.0%
5 Year-0.6%-16.2%95.7%73.7%84.9%64.0%

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 compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: CVR ($21.19) is trading below our estimate of fair value ($54.93)

Significantly Below Fair Value: CVR is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: CVR is unprofitable, so we can't compare its PE Ratio to the US Machinery industry average.

PE vs Market: CVR is unprofitable, so we can't compare its PE Ratio to the US market.


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 (0.7x) compared to the US Machinery industry average (2x).


Next Steps

Future Growth

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

21.3%

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.


Next Steps

Past Performance

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

-18.1%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: CVR is currently unprofitable.

Growing Profit Margin: CVR is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: CVR is unprofitable, and losses have increased over the past 5 years at a rate of 18.1% per year.

Accelerating Growth: Unable to compare CVR's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: CVR is unprofitable, making it difficult to compare its past year earnings growth to the Machinery industry (-12.7%).


Return on Equity

High ROE: CVR has a negative Return on Equity (-2.49%), as it is currently unprofitable.


Next Steps

Financial Health

How is Chicago Rivet & Machine's financial position?


Financial Position Analysis

Short Term Liabilities: CVR's short term assets ($17.2M) exceed its short term liabilities ($1.4M).

Long Term Liabilities: CVR's short term assets ($17.2M) exceed its long term liabilities ($894.1K).


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


Next Steps

Dividend

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

1.89%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: CVR's dividend (1.89%) is higher than the bottom 25% of dividend payers in the US market (1.72%).

High Dividend: CVR's dividend (1.89%) is low compared to the top 25% of dividend payers in the US market (4.94%).


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 not increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: CVR is paying a dividend but the company is unprofitable.


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?

14.3yrs

Average management tenure


CEO

Walter Morrissey (77 yo)

0.33

Tenure

US$30,500

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 ...


Leadership Team

NamePositionTenureCompensationOwnership
Walter Morrissey
Chairman & CEO0.33yrUS$30.50k8.71%
$ 1.8m
Michael Bourg
President14.33yrsUS$369.34k0.10%
$ 21.9k
Kimberly Kirhofer
Secretary29.08yrsno datano data

14.3yrs

Average Tenure

61yo

Average Age

Experienced Management: CVR's management team is seasoned and experienced (14.3 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Walter Morrissey
Chairman & CEO0.33yrUS$30.50k8.71%
$ 1.8m
Michael Bourg
President14.33yrsUS$369.34k0.10%
$ 21.9k
John Osterman
Independent Director1.33yrsUS$20.71k0.35%
$ 74.6k
Kent Cooney
Independent Director16.67yrsUS$17.40k0.010%
$ 2.2k
Kurt Moders
Independent Director0.33yrno datano data
John Showel
Independent Director7.33yrsUS$15.80k0.090%
$ 19.0k
James Morrissey
Director0.33yrno data0.41%
$ 87.8k
Patricia Miller
Independent Director0.33yrno datano data

0.8yrs

Average Tenure

56.5yo

Average Age

Experienced Board: CVR's board of directors are not considered experienced ( 0.8 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 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$21.197m
  • 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 Analysis2020/09/28 23:33
End of Day Share Price2020/09/28 00:00
Earnings2020/06/30
Annual Earnings2019/12/31


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.