Columbus McKinnon Corporation (CMCO) vs Wabash National Corporation (WNC)

Columbus McKinnon Corporation and Wabash National Corporation are both Farm & Heavy Construction Machinery companies. Columbus McKinnon Corporation and Wabash National Corporation are of similar size ($477.0M and $462.7M). Columbus McKinnon Corporation grew revenue faster over the last twelve months: 55.2% against −17.3%. Wabash National Corporation has the higher net margin (−5.48% vs −18.1%) and the lower return on invested capital (−6.81% vs −2.44%). Both pay a dividend; Wabash National Corporation yields more (1.26% vs 0.84%). Across the 19 metrics below, Wabash National Corporation leads on 10 and Columbus McKinnon Corporation on 9.

Valuation

Metric CMCO WNC Farm & Heavy Construction Machinery median
P/E n/m n/m 23.38
P/S 0.33 0.37 0.81
P/B 0.86 1.82 1.43
Price to free cash flow n/m 89.82 25.31
EV/EBITDA n/m n/m 12.13
EV/Sales 1.86 0.69 1.20
Earnings yield (65.33%) (14.74%) 2.73%
Free cash flow yield (24.66%) 1.11% 3.02%

Profitability

Metric CMCO WNC Farm & Heavy Construction Machinery median
Gross margin 28.78% 1.00% 24.21%
Operating margin (9.57%) (5.62%) 4.47%
Net margin (18.10%) (5.48%) 1.49%
Free cash flow margin (8.03%) 0.42% 2.15%
Return on equity (36.58%) (22.97%) 4.16%
Return on assets (8.35%) (5.96%) 1.45%
Return on invested capital (2.44%) (6.81%) 3.36%

Growth

Metric CMCO WNC Farm & Heavy Construction Machinery median
Revenue growth (TTM) 55.23% (17.26%) 2.18%
EPS growth (last fiscal year) (4,252.94%) 179.22% —
Revenue growth, 5-year CAGR 12.93% 0.81% 7.34%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric CMCO WNC Farm & Heavy Construction Machinery median
Debt to equity 1.74 1.75 0.67
Current ratio 2.00 1.31 1.98
Net debt to EBITDA (59.27) 1.12 1.12

Dividend

Metric CMCO WNC Farm & Heavy Construction Machinery median
Dividend yield 0.84% 1.26% 1.45%
Payout ratio 0.16 0.08 0.08

Size

Metric CMCO WNC Farm & Heavy Construction Machinery median
Market cap 462.69m 477.03m 772.81m

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