Hyster-Yale, Inc. (HY) vs The Manitowoc Company, Inc. (MTW)

Hyster-Yale, Inc. and The Manitowoc Company, Inc. are both Farm & Heavy Construction Machinery companies. The Manitowoc Company, Inc. is the larger, with a market value of $772.8M against $552.6M — 1.4× the size. Hyster-Yale, Inc. has negative trailing earnings, so its P/E is not meaningful; The Manitowoc Company, Inc. trades at 39.6×. The Manitowoc Company, Inc. grew revenue faster over the last twelve months: 8.86% against −11.1%. The Manitowoc Company, Inc. has the higher net margin (0.87% vs −3.33%) and the higher return on invested capital (4.24% vs −7.03%). Across the 19 metrics below, The Manitowoc Company, Inc. leads on 17 and Hyster-Yale, Inc. on 2.

Valuation

Metric HY MTW Farm & Heavy Construction Machinery median
P/E n/m 39.61 23.38
P/S 0.16 0.34 0.81
P/B 1.41 1.14 1.43
Price to free cash flow 33.12 11.07 25.31
EV/EBITDA n/m 8.61 12.13
EV/Sales 0.25 0.51 1.20
Earnings yield (21.12%) 2.52% 2.73%
Free cash flow yield 3.02% 9.03% 3.02%

Profitability

Metric HY MTW Farm & Heavy Construction Machinery median
Gross margin 15.36% 18.72% 24.21%
Operating margin (2.32%) 3.14% 4.47%
Net margin (3.33%) 0.87% 1.49%
Free cash flow margin 0.48% 3.11% 2.15%
Return on equity (24.80%) 2.92% 4.16%
Return on assets (5.84%) 1.06% 1.45%
Return on invested capital (7.03%) 4.24% 3.36%

Growth

Metric HY MTW Farm & Heavy Construction Machinery median
Revenue growth (TTM) (11.14%) 8.86% 2.18%
EPS growth (last fiscal year) (142.29%) (87.18%) —
Revenue growth, 5-year CAGR 6.03% 9.20% 7.34%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric HY MTW Farm & Heavy Construction Machinery median
Debt to equity 1.02 0.67 0.67
Current ratio 1.28 2.11 1.98
Net debt to EBITDA 10.42 3.24 1.12

Dividend

Metric HY MTW Farm & Heavy Construction Machinery median
Dividend yield 1.88% — 1.45%
Payout ratio 0.64 0.00 0.08

Size

Metric HY MTW Farm & Heavy Construction Machinery median
Market cap 552.62m 772.81m 772.81m

Compare with another peer

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