Blue Bird Corporation (BLBD) vs Caterpillar Inc. (CAT)

Blue Bird Corporation and Caterpillar Inc. are both Farm & Heavy Construction Machinery companies. Caterpillar Inc. is the larger, with a market value of $254.5B against $1.9B — 136.8× the size. Blue Bird Corporation trades at the lower P/E: 7.0× against 21.7×. Caterpillar Inc. grew revenue faster over the last twelve months: 20.3% against 13.5%. Blue Bird Corporation has the higher net margin (17.5% vs 15.2%) and the higher return on invested capital (18.2% vs 15.2%). Across the 22 metrics below, Blue Bird Corporation leads on 18 and Caterpillar Inc. on 4.

Valuation

Metric BLBD CAT Farm & Heavy Construction Machinery median
P/E 7.01 21.67 21.67
P/S 1.26 3.28 0.77
P/B 3.10 11.86 1.31
Price to free cash flow 13.26 24.14 20.59
EV/EBITDA 9.62 17.31 11.30
EV/Sales 1.26 3.76 1.11
Earnings yield 14.27% 4.61% 3.08%
Free cash flow yield 7.54% 4.14% 3.12%

Profitability

Metric BLBD CAT Farm & Heavy Construction Machinery median
Gross margin 20.57% 34.78% 22.91%
Operating margin 11.77% 20.18% 4.47%
Net margin 17.48% 15.21% 1.41%
Free cash flow margin 9.50% 13.57% 2.26%
Return on equity 64.29% 56.15% 3.99%
Return on assets 32.36% 11.80% 1.31%
Return on invested capital 18.17% 15.16% 4.09%

Growth

Metric BLBD CAT Farm & Heavy Construction Machinery median
Revenue growth (TTM) 13.46% 20.26% 1.81%
EPS growth (last fiscal year) 22.78% (14.69%) (27.79%)
Revenue growth, 5-year CAGR 10.98% 10.12% 6.63%
Net income growth, 5-year CAGR 59.99% 24.27% 0.00%

Health

Metric BLBD CAT Farm & Heavy Construction Machinery median
Debt to equity 0.18 2.10 0.66
Current ratio 1.64 1.42 1.98
Net debt to EBITDA (0.76) 2.26 1.12

Dividend

Metric BLBD CAT Farm & Heavy Construction Machinery median
Dividend yield — 1.13% 1.24%
Payout ratio — 0.25 0.31

Size

Metric BLBD CAT Farm & Heavy Construction Machinery median
Market cap 1.86b 254.49b 836.63m

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