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 $8.0B against $1.8B — 4.5× the size. Blue Bird Corporation trades at the lower P/E: 6.9× against 15.1×. Blue Bird Corporation grew revenue faster over the last twelve months: 13.5% against 2.18%. Blue Bird Corporation has the higher net margin (17.5% vs 5.24%) and the higher return on invested capital (18.2% vs 10.6%). Across the 22 metrics below, Blue Bird Corporation leads on 13 and Oshkosh Corporation on 9.

Valuation

Metric BLBD OSK Farm & Heavy Construction Machinery median
P/E 6.87 15.10 23.38
P/S 1.23 0.78 0.81
P/B 3.04 1.83 1.43
Price to free cash flow 12.99 7.59 25.31
EV/EBITDA 9.43 8.20 12.13
EV/Sales 1.23 0.80 1.20
Earnings yield 14.56% 6.62% 2.73%
Free cash flow yield 7.70% 13.17% 3.02%

Profitability

Metric BLBD OSK Farm & Heavy Construction Machinery median
Gross margin 20.57% 15.90% 24.21%
Operating margin 11.77% 7.52% 4.47%
Net margin 17.48% 5.24% 1.49%
Free cash flow margin 9.50% 10.29% 2.15%
Return on equity 64.29% 12.39% 4.16%
Return on assets 32.36% 5.54% 1.45%
Return on invested capital 18.17% 10.55% 3.36%

Growth

Metric BLBD OSK Farm & Heavy Construction Machinery median
Revenue growth (TTM) 13.46% 2.18% 2.18%
EPS growth (last fiscal year) 22.78% (3.19%) —
Revenue growth, 5-year CAGR 10.98% 6.14% 7.34%
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 0.67
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 — 1.61% 1.45%
Payout ratio 0.00 0.25 0.08

Size

Metric BLBD OSK Farm & Heavy Construction Machinery median
Market cap 1.77b 8.04b 772.81m

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