Blue Bird Corporation (BLBD) vs CNH Industrial N.V. (CNH)

Blue Bird Corporation and CNH Industrial N.V. are both Farm & Heavy Construction Machinery companies. CNH Industrial N.V. is the larger, with a market value of $13.9B against $1.9B — 7.5× the size. Blue Bird Corporation trades at the lower P/E: 7.0× against 45.1×. Blue Bird Corporation grew revenue faster over the last twelve months: 13.5% against 0.64%. Blue Bird Corporation has the higher net margin (17.5% vs 1.71%) and the higher return on invested capital (18.2% vs 4.91%). Across the 22 metrics below, Blue Bird Corporation leads on 17 and CNH Industrial N.V. on 5.

Valuation

Metric BLBD CNH Farm & Heavy Construction Machinery median
P/E 7.01 45.08 21.67
P/S 1.26 0.77 0.77
P/B 3.10 1.79 1.31
Price to free cash flow 13.26 22.84 20.59
EV/EBITDA 9.62 12.03 11.30
EV/Sales 1.26 2.06 1.11
Earnings yield 14.27% 2.22% 3.08%
Free cash flow yield 7.54% 4.38% 3.12%

Profitability

Metric BLBD CNH Farm & Heavy Construction Machinery median
Gross margin 20.57% 30.55% 22.91%
Operating margin 11.77% 13.52% 4.47%
Net margin 17.48% 1.71% 1.41%
Free cash flow margin 9.50% 3.36% 2.26%
Return on equity 64.29% 3.99% 3.99%
Return on assets 32.36% 0.72% 1.31%
Return on invested capital 18.17% 4.91% 4.09%

Growth

Metric BLBD CNH Farm & Heavy Construction Machinery median
Revenue growth (TTM) 13.46% 0.64% 1.81%
EPS growth (last fiscal year) 22.78% (58.59%) (27.79%)
Revenue growth, 5-year CAGR 10.98% (7.02%) 6.63%
Net income growth, 5-year CAGR 59.99% 0.00% 0.00%

Health

Metric BLBD CNH Farm & Heavy Construction Machinery median
Debt to equity 0.18 3.33 0.66
Current ratio 1.64 12.23 1.98
Net debt to EBITDA (0.76) 6.90 1.12

Dividend

Metric BLBD CNH Farm & Heavy Construction Machinery median
Dividend yield — 0.89% 1.24%
Payout ratio — 0.40 0.31

Size

Metric BLBD CNH Farm & Heavy Construction Machinery median
Market cap 1.86b 13.92b 836.63m

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