CNH Industrial N.V. (CNH) vs PACCAR Inc. (PCAR)

CNH Industrial N.V. and PACCAR Inc. are both Farm & Heavy Construction Machinery companies. PACCAR Inc. is the larger, with a market value of $58.3B against $16.4B — 3.5× the size. PACCAR Inc. trades at the lower P/E: 23.4× against 52.4×. CNH Industrial N.V. grew revenue faster over the last twelve months: 0.64% against −10.6%. PACCAR Inc. has the higher net margin (9.00% vs 1.71%) and the higher return on invested capital (8.85% vs 4.91%). Both pay a dividend; PACCAR Inc. yields more (3.35% vs 2.73%). Across the 23 metrics below, PACCAR Inc. leads on 15 and CNH Industrial N.V. on 8.

Valuation

Metric CNH PCAR Farm & Heavy Construction Machinery median
P/E 52.36 23.38 23.38
P/S 0.89 2.11 0.81
P/B 2.08 2.89 1.43
Price to free cash flow 26.52 15.93 25.31
EV/EBITDA 12.76 14.22 12.13
EV/Sales 2.18 2.32 1.20
Earnings yield 1.91% 4.28% 2.73%
Free cash flow yield 3.77% 6.28% 3.02%

Profitability

Metric CNH PCAR Farm & Heavy Construction Machinery median
Gross margin 30.55% 19.99% 24.21%
Operating margin 13.52% 13.33% 4.47%
Net margin 1.71% 9.00% 1.49%
Free cash flow margin 3.36% 13.24% 2.15%
Return on equity 3.99% 12.76% 4.16%
Return on assets 0.72% 5.69% 1.45%
Return on invested capital 4.91% 8.85% 3.36%

Growth

Metric CNH PCAR Farm & Heavy Construction Machinery median
Revenue growth (TTM) 0.64% (10.56%) 2.18%
EPS growth (last fiscal year) (58.59%) (42.91%) —
Revenue growth, 5-year CAGR (7.02%) 8.72% 7.34%
Net income growth, 5-year CAGR 0.00% 12.80% 0.00%

Health

Metric CNH PCAR Farm & Heavy Construction Machinery median
Debt to equity 3.33 0.72 0.67
Current ratio 12.23 3.12 1.98
Net debt to EBITDA 6.90 1.30 1.12

Dividend

Metric CNH PCAR Farm & Heavy Construction Machinery median
Dividend yield 2.73% 3.35% 1.45%
Payout ratio 0.23 0.14 0.08

Size

Metric CNH PCAR Farm & Heavy Construction Machinery median
Market cap 16.44b 58.25b 772.81m

Compare with another peer

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