HY Intrinsic Stock Value – Hyster-Yale: A Buy Despite 55% Increase in 2 Months
January 5, 2024
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HYSTER-YALE ($NYSE:HY): Hyster-Yale Materials Handling has seen a remarkable increase of 55% in the past two months, making it an attractive stock to investors. Despite the stock’s impressive rise, it is still a worthwhile buy as the company behind it has a long history of delivering innovative solutions in the field of material handling and logistics. Hyster-Yale is a leading global manufacturer of materials handling equipment, including engine-powered lift trucks, container handlers, and pallet trucks, as well as related aftermarket parts and services. The company’s products are used by customers across a range of industries, from manufacturing to warehousing and distribution, and even for military applications.
In addition, Hyster-Yale operates an extensive network of parts and service centers in North America, Europe, Asia, and Latin America. The company has a strong commitment to continuing innovation and development of its products, with a focus on improving safety, reliability, efficiency, and sustainability in the supply chain. They are committed to developing more efficient ways to handle materials, as well as reducing their environmental footprint. Hyster-Yale is also a leader in the field of electric power technology and has developed the first line of electric lift trucks for warehouse and distribution operations. Given all this, it is easy to see why Hyster-Yale is still a worthwhile buy despite its impressive 55% increase in the past two months. With an experienced management team and a commitment to innovation and sustainability, Hyster-Yale Materials Handling is well positioned for future growth.
Analysis – HY Intrinsic Stock Value
At GoodWhale, we have been analyzing the fundamentals of HYSTER-YALE MATERIALS HANDLING as part of our ongoing research. After taking into account factors such as growth, profitability, financial health and competitive landscape, we have concluded that its fair value is around $59.7. This is calculated using our proprietary Valuation Line which is based on a combination of fundamental and technical analysis. At the moment, HYSTER-YALE MATERIALS HANDLING’s stock is trading at $62.1, above the fair price of $59.7 by 4.0%. This implies that the stock may be overvalued by the market at present, and investors should assess their individual risk profile before deciding whether this represents a good opportunity. More…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for HY. More…
| Total Revenues | Net Income | Net Margin |
| 4.08k | 108.3 | 2.7% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for HY. More…
| Operations | Investing | Financing |
| 111.4 | -28 | -78.1 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for HY. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 2.05k | 1.73k | 17.71 |
Key Ratios Snapshot
Some of the financial key ratios for HY are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 11.7% | 59.5% | 4.7% |
| FCF Margin | ROE | ROA |
| 2.0% | 39.9% | 5.8% |
Peers
It is competing with other leading companies in the sector such as PACCAR Inc, Qingling Motors Co Ltd and Tadano Ltd. All of these companies are renowned for their innovative products and cutting-edge technologies that help businesses to improve their efficiency and productivity.
– PACCAR Inc ($NASDAQ:PCAR)
PACCAR Inc is a Fortune 500 company that designs, manufactures, and distributes light, medium, and heavy-duty trucks under the Kenworth, Peterbilt, and DAF nameplates. With a market capitalization of 34.7 billion dollars as of 2023, the company has demonstrated significant growth in recent years. Moreover, its Return on Equity (ROE) of 19.26% is one of the highest in its sector, indicating that the company is highly profitable and efficiently utilizing its equity to generate returns.
– Qingling Motors Co Ltd ($SEHK:01122)
Qingling Motors Co Ltd is a leading Chinese manufacturer of passenger cars and commercial vehicles. The company has a market capitalization of 2.63 billion dollars as of 2023, which puts it among the top largest companies in the automotive industry. Qingling Motors Co Ltd also has a strong Return on Equity of 1.96%, which indicates that the company is able to generate good returns on its investment and is a good indicator of its financial health.
– Tadano Ltd ($TSE:6395)
Tadano Ltd is a global leader in the manufacturing and sales of cranes and other heavy machinery. It has a market capitalization of 115.49 billion as of 2023, indicating that it is a highly profitable and well-recognized company. Furthermore, its Return on Equity (ROE) of 3.31% reflects its strong financial performance and ability to generate returns on its investments. Tadano’s products are well-known for their quality, durability, and reliability, making them the preferred choice of customers in the industry. The company has established itself as a leader in the crane and heavy machinery market, and its strong financial performance is a testament to its success.
Summary
Hyster-Yale Materials Handling is a global leader in the design, manufacturing, sales and service of materials handling equipment, including lift trucks and aftermarket parts and accessories. The company’s stock has seen a sharp increase in the last two months, rising 55% from its previous trading price. The company is expected to benefit from the current economic recovery, as well as from its investments in technology and research. Investors looking to capitalize on the strong performance of Hyster-Yale Materials Handling should consider the stock as a buy.
