Blue Bird Corporation (BLBD) vs The Manitowoc Company, Inc. (MTW)

Blue Bird Corporation and The Manitowoc Company, Inc. are both Farm & Heavy Construction Machinery companies. Blue Bird Corporation is the larger, with a market value of $1.8B against $772.8M — 2.3× the size. Blue Bird Corporation trades at the lower P/E: 6.9× against 39.6×. Blue Bird Corporation grew revenue faster over the last twelve months: 13.5% against 8.86%. Blue Bird Corporation has the higher net margin (17.5% vs 0.87%) and the higher return on invested capital (18.2% vs 4.24%). Across the 22 metrics below, Blue Bird Corporation leads on 15 and The Manitowoc Company, Inc. on 7.

Valuation

Metric BLBD MTW Farm & Heavy Construction Machinery median
P/E 6.87 39.61 23.38
P/S 1.23 0.34 0.81
P/B 3.04 1.14 1.43
Price to free cash flow 12.99 11.07 25.31
EV/EBITDA 9.43 8.61 12.13
EV/Sales 1.23 0.51 1.20
Earnings yield 14.56% 2.52% 2.73%
Free cash flow yield 7.70% 9.03% 3.02%

Profitability

Metric BLBD MTW Farm & Heavy Construction Machinery median
Gross margin 20.57% 18.72% 24.21%
Operating margin 11.77% 3.14% 4.47%
Net margin 17.48% 0.87% 1.49%
Free cash flow margin 9.50% 3.11% 2.15%
Return on equity 64.29% 2.92% 4.16%
Return on assets 32.36% 1.06% 1.45%
Return on invested capital 18.17% 4.24% 3.36%

Growth

Metric BLBD MTW Farm & Heavy Construction Machinery median
Revenue growth (TTM) 13.46% 8.86% 2.18%
EPS growth (last fiscal year) 22.78% (87.18%) —
Revenue growth, 5-year CAGR 10.98% 9.20% 7.34%
Net income growth, 5-year CAGR 59.99% 0.00% 0.00%

Health

Metric BLBD MTW Farm & Heavy Construction Machinery median
Debt to equity 0.18 0.67 0.67
Current ratio 1.64 2.11 1.98
Net debt to EBITDA (0.76) 3.24 1.12

Dividend

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

Size

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

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