Blue Bird Corporation (BLBD) vs Terex Corporation (TEX)

Blue Bird Corporation and Terex Corporation are both Farm & Heavy Construction Machinery companies. Terex Corporation is the larger, with a market value of $6.1B against $1.9B — 3.3× the size. Blue Bird Corporation trades at the lower P/E: 7.0× against 27.3×. Terex Corporation grew revenue faster over the last twelve months: 40.1% against 13.5%. Blue Bird Corporation has the higher net margin (17.5% vs 2.64%) and the higher return on invested capital (18.2% vs 3.73%). Across the 22 metrics below, Blue Bird Corporation leads on 16 and Terex Corporation on 6.

Valuation

Metric BLBD TEX Farm & Heavy Construction Machinery median
P/E 7.01 27.32 21.67
P/S 1.26 0.83 0.77
P/B 3.10 1.25 1.31
Price to free cash flow 13.26 14.72 20.59
EV/EBITDA 9.62 11.71 11.30
EV/Sales 1.26 1.12 1.11
Earnings yield 14.27% 3.66% 3.08%
Free cash flow yield 7.54% 6.80% 3.12%

Profitability

Metric BLBD TEX Farm & Heavy Construction Machinery median
Gross margin 20.57% 17.12% 22.91%
Operating margin 11.77% 5.68% 4.47%
Net margin 17.48% 2.64% 1.41%
Free cash flow margin 9.50% 5.64% 2.26%
Return on equity 64.29% 5.68% 3.99%
Return on assets 32.36% 2.41% 1.31%
Return on invested capital 18.17% 3.73% 4.09%

Growth

Metric BLBD TEX Farm & Heavy Construction Machinery median
Revenue growth (TTM) 13.46% 40.10% 1.81%
EPS growth (last fiscal year) 22.78% (32.86%) (27.79%)
Revenue growth, 5-year CAGR 10.98% 12.00% 6.63%
Net income growth, 5-year CAGR 59.99% 0.00% 0.00%

Health

Metric BLBD TEX Farm & Heavy Construction Machinery median
Debt to equity 0.18 0.52 0.66
Current ratio 1.64 1.76 1.98
Net debt to EBITDA (0.76) 2.86 1.12

Dividend

Metric BLBD TEX Farm & Heavy Construction Machinery median
Dividend yield — 1.24% 1.24%
Payout ratio — 0.34 0.31

Size

Metric BLBD TEX Farm & Heavy Construction Machinery median
Market cap 1.86b 6.13b 836.63m

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