Columbus McKinnon Corporation (CMCO) vs Hyster-Yale, Inc. (HY)

Columbus McKinnon Corporation and Hyster-Yale, Inc. are both Farm & Heavy Construction Machinery companies. Columbus McKinnon Corporation and Hyster-Yale, Inc. are of similar size ($483.2M and $478.2M). Columbus McKinnon Corporation grew revenue faster over the last twelve months: 80.7% against −14.2%. Hyster-Yale, Inc. has the higher net margin (−3.86% vs −16.8%) and the lower return on invested capital (−8.19% vs −2.06%). Both pay a dividend; Hyster-Yale, Inc. yields more (5.28% vs 2.10%). Across the 19 metrics below, Hyster-Yale, Inc. leads on 12 and Columbus McKinnon Corporation on 7.

Valuation

Metric CMCO HY Farm & Heavy Construction Machinery median
P/E n/m n/m 21.67
P/S 0.27 0.15 0.77
P/B 0.93 1.32 1.31
Price to free cash flow n/m 70.35 20.59
EV/EBITDA 62.70 n/m 11.30
EV/Sales 1.58 0.25 1.11
Earnings yield (72.05%) (26.43%) 3.08%
Free cash flow yield (31.09%) 1.42% 3.12%

Profitability

Metric CMCO HY Farm & Heavy Construction Machinery median
Gross margin 29.78% 15.11% 22.91%
Operating margin (6.77%) (2.76%) 4.47%
Net margin (16.75%) (3.86%) 1.41%
Free cash flow margin (8.48%) 0.21% 2.26%
Return on equity (41.28%) (28.35%) 3.99%
Return on assets (9.18%) (6.49%) 1.31%
Return on invested capital (2.06%) (8.19%) 4.09%

Growth

Metric CMCO HY Farm & Heavy Construction Machinery median
Revenue growth (TTM) 80.70% (14.18%) 1.81%
EPS growth (last fiscal year) (4,252.94%) (142.29%) (27.79%)
Revenue growth, 5-year CAGR 12.93% 6.03% 6.63%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric CMCO HY Farm & Heavy Construction Machinery median
Debt to equity 1.80 1.05 0.66
Current ratio 2.14 1.24 1.98
Net debt to EBITDA (59.27) 10.42 1.12

Dividend

Metric CMCO HY Farm & Heavy Construction Machinery median
Dividend yield 2.10% 5.28% 1.24%
Payout ratio — — 0.31

Size

Metric CMCO HY Farm & Heavy Construction Machinery median
Market cap 478.15m 483.23m 836.63m

Compare with another peer

Any metric, up to five companies and an Excel export Powerpack