Blue Bird Corporation (BLBD) vs Federal Signal Corporation (FSS)

Blue Bird Corporation and Federal Signal Corporation are both Farm & Heavy Construction Machinery companies. Federal Signal Corporation is the larger, with a market value of $6.9B against $1.8B — 3.9× the size. Blue Bird Corporation trades at the lower P/E: 6.9× against 24.5×. Federal Signal Corporation grew revenue faster over the last twelve months: 24.0% against 13.5%. Blue Bird Corporation has the higher net margin (17.5% vs 11.7%) and the higher return on invested capital (18.2% vs 13.0%). Across the 22 metrics below, Blue Bird Corporation leads on 16 and Federal Signal Corporation on 6.

Valuation

Metric BLBD FSS Farm & Heavy Construction Machinery median
P/E 6.87 24.47 23.38
P/S 1.23 2.85 0.81
P/B 3.04 4.64 1.43
Price to free cash flow 12.99 20.60 25.31
EV/EBITDA 9.43 15.19 12.13
EV/Sales 1.23 3.01 1.20
Earnings yield 14.56% 4.09% 2.73%
Free cash flow yield 7.70% 4.85% 3.02%

Profitability

Metric BLBD FSS Farm & Heavy Construction Machinery median
Gross margin 20.57% 29.17% 24.21%
Operating margin 11.77% 16.15% 4.47%
Net margin 17.48% 11.66% 1.49%
Free cash flow margin 9.50% 13.86% 2.15%
Return on equity 64.29% 20.61% 4.16%
Return on assets 32.36% 13.10% 1.45%
Return on invested capital 18.17% 13.02% 3.36%

Growth

Metric BLBD FSS Farm & Heavy Construction Machinery median
Revenue growth (TTM) 13.46% 23.97% 2.18%
EPS growth (last fiscal year) 22.78% 14.57% —
Revenue growth, 5-year CAGR 10.98% 14.03% 7.34%
Net income growth, 5-year CAGR 59.99% 20.72% 0.00%

Health

Metric BLBD FSS Farm & Heavy Construction Machinery median
Debt to equity 0.18 0.30 0.67
Current ratio 1.64 2.74 1.98
Net debt to EBITDA (0.76) 1.19 1.12

Dividend

Metric BLBD FSS Farm & Heavy Construction Machinery median
Dividend yield — 0.50% 1.45%
Payout ratio 0.00 0.17 0.08

Size

Metric BLBD FSS Farm & Heavy Construction Machinery median
Market cap 1.77b 6.88b 772.81m

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