Alamo Group, Inc. (ALG) vs The Manitowoc Company, Inc. (MTW)

Alamo Group, Inc. and The Manitowoc Company, Inc. are both Farm & Heavy Construction Machinery companies. Alamo Group, Inc. is the larger, with a market value of $1.9B against $772.8M — 2.5× the size. Alamo Group, Inc. trades at the lower P/E: 19.0× against 39.6×. The Manitowoc Company, Inc. grew revenue faster over the last twelve months: 8.86% against 4.07%. Alamo Group, Inc. has the higher net margin (6.08% vs 0.87%) and the higher return on invested capital (7.37% vs 4.24%). Across the 22 metrics below, Alamo Group, Inc. leads on 14 and The Manitowoc Company, Inc. on 8.

Valuation

Metric ALG MTW Farm & Heavy Construction Machinery median
P/E 19.00 39.61 23.38
P/S 1.16 0.34 0.81
P/B 1.62 1.14 1.43
Price to free cash flow 13.90 11.07 25.31
EV/EBITDA 9.68 8.61 12.13
EV/Sales 1.20 0.51 1.20
Earnings yield 5.26% 2.52% 2.73%
Free cash flow yield 7.19% 9.03% 3.02%

Profitability

Metric ALG MTW Farm & Heavy Construction Machinery median
Gross margin 24.21% 18.72% 24.21%
Operating margin 8.91% 3.14% 4.47%
Net margin 6.08% 0.87% 1.49%
Free cash flow margin 8.46% 3.11% 2.15%
Return on equity 8.77% 2.92% 4.16%
Return on assets 6.16% 1.06% 1.45%
Return on invested capital 7.37% 4.24% 3.36%

Growth

Metric ALG MTW Farm & Heavy Construction Machinery median
Revenue growth (TTM) 4.07% 8.86% 2.18%
EPS growth (last fiscal year) (10.80%) (87.18%) —
Revenue growth, 5-year CAGR 6.63% 9.20% 7.34%
Net income growth, 5-year CAGR 12.42% 0.00% 0.00%

Health

Metric ALG MTW Farm & Heavy Construction Machinery median
Debt to equity 0.22 0.67 0.67
Current ratio 4.39 2.11 1.98
Net debt to EBITDA (0.50) 3.24 1.12

Dividend

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

Size

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

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