Alamo Group, Inc. (ALG) vs Blue Bird Corporation (BLBD)

Alamo Group, Inc. and Blue Bird Corporation are both Farm & Heavy Construction Machinery companies. Alamo Group, Inc. and Blue Bird Corporation are of similar size ($1.9B and $1.8B). Blue Bird Corporation trades at the lower P/E: 6.9× against 19.0×. Blue Bird Corporation grew revenue faster over the last twelve months: 13.5% against 4.07%. Blue Bird Corporation has the higher net margin (17.5% vs 6.08%) and the higher return on invested capital (18.2% vs 7.37%). Across the 22 metrics below, Blue Bird Corporation leads on 17 and Alamo Group, Inc. on 5.

Valuation

Metric ALG BLBD Farm & Heavy Construction Machinery median
P/E 19.00 6.87 23.38
P/S 1.16 1.23 0.81
P/B 1.62 3.04 1.43
Price to free cash flow 13.90 12.99 25.31
EV/EBITDA 9.68 9.43 12.13
EV/Sales 1.20 1.23 1.20
Earnings yield 5.26% 14.56% 2.73%
Free cash flow yield 7.19% 7.70% 3.02%

Profitability

Metric ALG BLBD Farm & Heavy Construction Machinery median
Gross margin 24.21% 20.57% 24.21%
Operating margin 8.91% 11.77% 4.47%
Net margin 6.08% 17.48% 1.49%
Free cash flow margin 8.46% 9.50% 2.15%
Return on equity 8.77% 64.29% 4.16%
Return on assets 6.16% 32.36% 1.45%
Return on invested capital 7.37% 18.17% 3.36%

Growth

Metric ALG BLBD Farm & Heavy Construction Machinery median
Revenue growth (TTM) 4.07% 13.46% 2.18%
EPS growth (last fiscal year) (10.80%) 22.78% —
Revenue growth, 5-year CAGR 6.63% 10.98% 7.34%
Net income growth, 5-year CAGR 12.42% 59.99% 0.00%

Health

Metric ALG BLBD Farm & Heavy Construction Machinery median
Debt to equity 0.22 0.18 0.67
Current ratio 4.39 1.64 1.98
Net debt to EBITDA (0.50) (0.76) 1.12

Dividend

Metric ALG BLBD Farm & Heavy Construction Machinery median
Dividend yield 0.41% — 1.45%
Payout ratio 0.08 0.00 0.08

Size

Metric ALG BLBD Farm & Heavy Construction Machinery median
Market cap 1.94b 1.77b 772.81m

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