AGCO Corporation (AGCO) vs PACCAR Inc. (PCAR)

AGCO Corporation and PACCAR Inc. are both Farm & Heavy Construction Machinery companies. PACCAR Inc. is the larger, with a market value of $58.3B against $8.1B — 7.2× the size. AGCO Corporation trades at the lower P/E: 16.3× against 23.4×. AGCO Corporation grew revenue faster over the last twelve months: 1.74% against −10.6%. PACCAR Inc. has the higher net margin (9.00% vs 5.15%) and the higher return on invested capital (8.85% vs 6.05%). Both pay a dividend; AGCO Corporation yields more (5.07% vs 3.35%). Across the 23 metrics below, AGCO Corporation leads on 12 and PACCAR Inc. on 11.

Valuation

Metric AGCO PCAR Farm & Heavy Construction Machinery median
P/E 16.30 23.38 23.38
P/S 0.81 2.11 0.81
P/B 2.06 2.89 1.43
Price to free cash flow 25.31 15.93 25.31
EV/EBITDA 11.18 14.22 12.13
EV/Sales 1.02 2.32 1.20
Earnings yield 6.13% 4.28% 2.73%
Free cash flow yield 3.95% 6.28% 3.02%

Profitability

Metric AGCO PCAR Farm & Heavy Construction Machinery median
Gross margin 25.27% 19.99% 24.21%
Operating margin 5.83% 13.33% 4.47%
Net margin 5.15% 9.00% 1.49%
Free cash flow margin 3.20% 13.24% 2.15%
Return on equity 12.93% 12.76% 4.16%
Return on assets 4.41% 5.69% 1.45%
Return on invested capital 6.05% 8.85% 3.36%

Growth

Metric AGCO PCAR Farm & Heavy Construction Machinery median
Revenue growth (TTM) 1.74% (10.56%) 2.18%
EPS growth (last fiscal year) 271.35% (42.91%) —
Revenue growth, 5-year CAGR 1.96% 8.72% 7.34%
Net income growth, 5-year CAGR 11.21% 12.80% 0.00%

Health

Metric AGCO PCAR Farm & Heavy Construction Machinery median
Debt to equity 0.67 0.72 0.67
Current ratio 1.32 3.12 1.98
Net debt to EBITDA 1.71 1.30 1.12

Dividend

Metric AGCO PCAR Farm & Heavy Construction Machinery median
Dividend yield 5.07% 3.35% 1.45%
Payout ratio 0.07 0.14 0.08

Size

Metric AGCO PCAR Farm & Heavy Construction Machinery median
Market cap 8.14b 58.25b 772.81m

Compare with another peer

Any metric, up to five companies and an Excel export Powerpack