Aebi Schmidt Holding AG (AEBI) vs Columbus McKinnon Corporation (CMCO)

Aebi Schmidt Holding AG and Columbus McKinnon Corporation are both Farm & Heavy Construction Machinery companies. Aebi Schmidt Holding AG is the larger, with a market value of $870.7M against $462.7M — 1.9× the size. Columbus McKinnon Corporation has negative trailing earnings, so its P/E is not meaningful; Aebi Schmidt Holding AG trades at 34.8×. Aebi Schmidt Holding AG grew revenue faster over the last twelve months: 79.4% against 55.2%. Aebi Schmidt Holding AG has the higher net margin (1.09% vs −18.1%) and the higher return on invested capital (4.09% vs −2.44%). Across the 17 metrics below, Aebi Schmidt Holding AG leads on 12 and Columbus McKinnon Corporation on 5.

Valuation

Metric AEBI CMCO Farm & Heavy Construction Machinery median
P/E 34.83 n/m 23.38
P/S 0.43 0.33 0.81
P/B 1.03 0.86 1.43
Price to free cash flow 120.66 n/m 25.31
EV/EBITDA 9.27 n/m 12.13
EV/Sales 0.69 1.86 1.20
Earnings yield 2.87% (65.33%) 2.73%
Free cash flow yield 0.83% (24.66%) 3.02%

Profitability

Metric AEBI CMCO Farm & Heavy Construction Machinery median
Gross margin 19.40% 28.78% 24.21%
Operating margin 4.47% (9.57%) 4.47%
Net margin 1.09% (18.10%) 1.49%
Free cash flow margin 0.36% (8.03%) 2.15%
Return on equity 3.58% (36.58%) 4.16%
Return on assets 1.31% (8.35%) 1.45%
Return on invested capital 4.09% (2.44%) 3.36%

Growth

Metric AEBI CMCO Farm & Heavy Construction Machinery median
Revenue growth (TTM) 79.44% 55.23% 2.18%
EPS growth (last fiscal year) (77.68%) (4,252.94%) —
Revenue growth, 5-year CAGR — 12.93% 7.34%
Net income growth, 5-year CAGR — 0.00% 0.00%

Health

Metric AEBI CMCO Farm & Heavy Construction Machinery median
Debt to equity 0.75 1.74 0.67
Current ratio 1.98 2.00 1.98
Net debt to EBITDA 4.23 (59.27) 1.12

Dividend

Metric AEBI CMCO Farm & Heavy Construction Machinery median
Dividend yield — 0.84% 1.45%
Payout ratio — 0.16 0.08

Size

Metric AEBI CMCO Farm & Heavy Construction Machinery median
Market cap 870.71m 462.69m 772.81m

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