Blue Bird Corporation (BLBD) vs Oshkosh Corporation (OSK)

Blue Bird Corporation and Oshkosh Corporation are both Farm & Heavy Construction Machinery companies. Oshkosh Corporation is the larger, with a market value of $8.3B against $1.9B — 4.5× the size. Blue Bird Corporation trades at the lower P/E: 7.0× against 17.2×. Blue Bird Corporation grew revenue faster over the last twelve months: 13.5% against 4.18%. Blue Bird Corporation has the higher net margin (17.5% vs 4.63%) and the higher return on invested capital (18.2% vs 9.99%). Across the 22 metrics below, Blue Bird Corporation leads on 14 and Oshkosh Corporation on 8.

Valuation

Metric BLBD OSK Farm & Heavy Construction Machinery median
P/E 7.01 17.19 21.67
P/S 1.26 0.79 0.77
P/B 3.10 1.86 1.31
Price to free cash flow 13.26 8.95 20.59
EV/EBITDA 9.62 8.70 11.30
EV/Sales 1.26 0.79 1.11
Earnings yield 14.27% 5.82% 3.08%
Free cash flow yield 7.54% 11.17% 3.12%

Profitability

Metric BLBD OSK Farm & Heavy Construction Machinery median
Gross margin 20.57% 15.39% 22.91%
Operating margin 11.77% 6.82% 4.47%
Net margin 17.48% 4.63% 1.41%
Free cash flow margin 9.50% 8.79% 2.26%
Return on equity 64.29% 10.97% 3.99%
Return on assets 32.36% 4.96% 1.31%
Return on invested capital 18.17% 9.99% 4.09%

Growth

Metric BLBD OSK Farm & Heavy Construction Machinery median
Revenue growth (TTM) 13.46% 4.18% 1.81%
EPS growth (last fiscal year) 22.78% (3.19%) (27.79%)
Revenue growth, 5-year CAGR 10.98% 6.14% 6.63%
Net income growth, 5-year CAGR 59.99% 4.92% 0.00%

Health

Metric BLBD OSK Farm & Heavy Construction Machinery median
Debt to equity 0.18 0.13 0.66
Current ratio 1.64 1.72 1.98
Net debt to EBITDA (0.76) 0.53 1.12

Dividend

Metric BLBD OSK Farm & Heavy Construction Machinery median
Dividend yield — 1.62% 1.24%
Payout ratio — 0.28 0.31

Size

Metric BLBD OSK Farm & Heavy Construction Machinery median
Market cap 1.86b 8.34b 836.63m

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