Hurco Companies, Inc. (HURC) vs Taylor Devices, Inc. (TAYD)

Hurco Companies, Inc. and Taylor Devices, Inc. are both Specialty Industrial Machinery companies. Taylor Devices, Inc. is the larger, with a market value of $205.0M against $140.1M — 1.5× the size. Hurco Companies, Inc. has negative trailing earnings, so its P/E is not meaningful; Taylor Devices, Inc. trades at 23.3×. Hurco Companies, Inc. grew revenue faster over the last twelve months: −1.90% against −10.0%. Taylor Devices, Inc. has the higher net margin (20.6% vs −3.62%) and the higher return on invested capital (14.6% vs −2.29%). Across the 19 metrics below, Taylor Devices, Inc. leads on 14 and Hurco Companies, Inc. on 5.

Valuation

Metric HURC TAYD Specialty Industrial Machinery median
P/E n/m 23.33 29.62
P/S 0.77 4.81 2.77
P/B 0.73 2.75 3.04
Price to free cash flow 62.93 43.70 23.81
EV/EBITDA n/m 17.15 16.05
EV/Sales 0.50 3.82 2.94
Earnings yield (4.76%) 4.29% 3.08%
Free cash flow yield 1.59% 2.29% 3.12%

Profitability

Metric HURC TAYD Specialty Industrial Machinery median
Gross margin 21.39% 44.05% 35.90%
Operating margin (2.80%) 17.63% 11.22%
Net margin (3.62%) 20.56% 7.80%
Free cash flow margin 1.22% 11.73% 9.51%
Return on equity (3.35%) 12.70% 11.10%
Return on assets (2.51%) 11.47% 4.63%
Return on invested capital (2.29%) 14.63% 5.37%

Growth

Metric HURC TAYD Specialty Industrial Machinery median
Revenue growth (TTM) (1.90%) (10.03%) 6.45%
EPS growth (last fiscal year) 8.59% (8.71%) —
Revenue growth, 5-year CAGR 0.91% 13.10% 8.31%
Net income growth, 5-year CAGR 0.00% 51.79% 5.04%

Health

Metric HURC TAYD Specialty Industrial Machinery median
Debt to equity 0.00 0.00 0.35
Current ratio 3.98 12.76 2.11
Net debt to EBITDA 6.43 (4.47) 1.32

Dividend

Metric HURC TAYD Specialty Industrial Machinery median
Dividend yield 2.63% — 1.12%
Payout ratio 1.19 0.00 0.17

Size

Metric HURC TAYD Specialty Industrial Machinery median
Market cap 140.08m 205.01m 1.97b

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