AI Spotlight on CMCO
Company Description
Columbus McKinnon Corporation designs, manufactures, and markets intelligent motion solutions to ergonomically move, lift, position, and secure materials worldwide.The company offers electric, air-powered, lever, and hand hoists; hoist trolleys, explosion-protected and custom engineered hoists, and winches; crane systems, such as crane components and kits, enclosed track rail systems, mobile and jib cranes, and fall protection systems, as well as material handling solutions; rigging equipment comprising below-the-hook lifting devices, shackles, chains and chains accessories, forestry and hand tools, lifting slings, lashing systems, and tie-downs and load binders; rotary unions and swivel joints; and mechanical and electromechanical actuators.It also provides power and motion technology products, including AC motor controls and line regenerative systems, automation and diagnostics, brakes, cable and festoon systems, collision avoidance systems, conductor bar systems, DC motor and magnet control systems, elevator drives, inverter duty motors, mining drives, pendant pushbutton stations, radio controls, and wind inverters; power delivery subsystems; overhead aluminum light rail workstations; and low profile, flexible chain, large scale, sanitary, and vertical elevation conveyor systems, as well as pallet system conveyors and accumulation systems.
The company serves market verticals, including general industries, transportation, energy and utilities, process industries, industrial automation, construction and infrastructure, food and beverage, entertainment, life sciences, consumer packaged goods, and e-commerce/supply chain/warehousing.It offers its products to end users directly, as well as through distributors, independent crane builders, material handling specialists and integrators, government agencies, original equipment manufacturers, and engineering procurement and construction firms.The company was founded in 1875 and is headquartered in Buffalo, New York.
Market Data
Last Price | 36.7 |
Change Percentage | -0.08% |
Open | 37.11 |
Previous Close | 36.73 |
Market Cap ( Millions) | 1053 |
Volume | 192928 |
Year High | 45.84 |
Year Low | 29.26 |
M A 50 | 37.55 |
M A 200 | 36.61 |
Financial Ratios
FCF Yield | 3.97% |
Dividend Yield | 0.76% |
ROE | 1.71% |
Debt / Equity | 55.86% |
Net Debt / EBIDTA | 393.31% |
Price To Book | 1.18 |
Price Earnings Ratio | 70.06 |
Price To FCF | 25.18 |
Price To sales | 1.05 |
EV / EBITDA | 13.24 |
News
- Jan -28 - Columbus McKinnon to Host Third Quarter Fiscal 2025 Earnings Conference Call on February 10, 2025
- Jan -25 - Columbus McKinnon: Remaining Bullish On Long-Term Growth
- Jan -21 - Columbus McKinnon Declares Quarterly Dividend of $0.07 per Share
- Dec -12 - Columbus McKinnon Donates $15,000 to Habitat for Humanity of the Charlotte Region
- Dec -10 - Columbus McKinnon's Innovative Battery-Powered Hoist Named 2024 Product of the Year by Material Handling Product News
- Nov -06 - Columbus McKinnon to Present at the Baird 2024 Global Industrials Conference
- Oct -30 - Columbus McKinnon Corporation (CMCO) Q2 2025 Earnings Call Transcript
- Oct -30 - Columbus McKinnon (CMCO) Q2 Earnings Surpass Estimates
- Oct -30 - Columbus McKinnon Reports 16% Order Growth in Q2 FY25
- Oct -21 - Columbus McKinnon Declares Quarterly Dividend of $0.07 per Share
- Oct -16 - Columbus McKinnon to Host Second Quarter Fiscal 2025 Earnings Conference Call on October 30, 2024
- Aug -21 - Unloved Columbus McKinnon Deserves Another Look Ahead Of A Short-Cycle Recovery
- Jul -31 - Columbus McKinnon Corporation (CMCO) Q1 2025 Earnings Call Transcript
- Jul -31 - Columbus McKinnon (CMCO) Q1 Earnings Match Estimates
- Jun -27 - You've Been Warned! 3 Robotics Stocks to Buy Now or Regret Forever.
- Jun -17 - Columbus McKinnon Publishes Fourth Annual Corporate Sustainability Report
- Jun -10 - Columbus McKinnon to Present at the Wells Fargo 2024 Industrials Conference
- Jun -03 - Columbus McKinnon (CMCO) Loses -8.13% in 4 Weeks, Here's Why a Trend Reversal May be Around the Corner
- May -31 - Columbus McKinnon (CMCO) Upgraded to Buy: What Does It Mean for the Stock?
- May -29 - Columbus McKinnon Corporation (CMCO) Q4 2024 Earnings Call Transcript
Business Breakdown
Expected Mid-Term Growth
Segment nΒ°1 -> Hoists
Expected Growth : 4.5 %
What the company do ?
Columbus McKinnon Corporation's hoists are lifting solutions that utilize electric, pneumatic, or hydraulic power to lift and move heavy loads in various industries.
Why we expect these perspectives ?
Columbus McKinnon's hoist segment growth is driven by increasing demand from industrial automation, e-commerce warehousing, and infrastructure development. Additionally, the company's focus on product innovation, strategic acquisitions, and expansion into emerging markets contribute to its 4.5% growth rate.
Segment nΒ°2 -> High Precision Conveyors
Expected Growth : 4.8 %
What the company do ?
High Precision Conveyors from Columbus McKinnon Corporation offer precise movement and positioning of products, ensuring accurate and reliable material handling in various industries.
Why we expect these perspectives ?
Columbus McKinnon's High Precision Conveyors' 4.8% growth is driven by increasing demand from e-commerce and parcel delivery industries, adoption of automation in manufacturing, and growing need for efficient material handling solutions. Additionally, the company's focus on innovation, quality, and customer service contributes to its market share expansion.
Segment nΒ°3 -> Digital Power Control and Delivery Systems
Expected Growth : 5.2 %
What the company do ?
Digital Power Control and Delivery Systems from Columbus McKinnon Corporation provide efficient and precise control of electric motors, ensuring reliable and optimized power distribution.
Why we expect these perspectives ?
Columbus McKinnon's Digital Power Control and Delivery Systems' 5.2% growth is driven by increasing demand for industrial automation, rising adoption of IoT and Industry 4.0 technologies, and growing need for energy efficiency and power quality solutions. Additionally, the company's strategic acquisitions and investments in digitalization and innovation are contributing to its growth momentum.
Segment nΒ°4 -> Actuators and Rotary Unions
Expected Growth : 4.2 %
What the company do ?
Actuators from Columbus McKinnon Corporation are motion control devices that convert electrical energy into mechanical energy, while Rotary Unions enable the transfer of fluids, gases, or electrical signals from a stationary source to a rotating part.
Why we expect these perspectives ?
Columbus McKinnon's Actuators and Rotary Unions segment growth of 4.2% is driven by increasing demand from industrial automation, rising adoption of robotics in manufacturing, and growing need for efficient material handling solutions. Additionally, the company's strategic acquisitions and investments in product innovation are contributing to its growth momentum.
Segment nΒ°5 -> Chain and Rigging Tools
Expected Growth : 4.0 %
What the company do ?
Columbus McKinnon's Chain and Rigging Tools offer a range of products for lifting, pulling, and securing heavy loads, including chain hoists, wire rope, and rigging hardware.
Why we expect these perspectives ?
Columbus McKinnon's Chain and Rigging Tools segment growth is driven by increasing demand from construction, manufacturing, and energy industries. The company's focus on product innovation, expansion into emerging markets, and strategic acquisitions also contribute to growth. Additionally, the rising need for material handling and lifting solutions in various industries fuels demand for these tools, resulting in a 4.0% growth rate.
Segment nΒ°6 -> Industrial Cranes
Expected Growth : 4.6 %
What the company do ?
Industrial Cranes from Columbus McKinnon Corporation are heavy-duty lifting solutions for manufacturing, warehousing, and construction, offering reliability and efficiency.
Why we expect these perspectives ?
Columbus McKinnon's Industrial Cranes segment growth of 4.6% is driven by increasing demand from infrastructure development, rising adoption of automation in manufacturing, and growing need for efficient material handling solutions. Additionally, the company's strategic acquisitions and investments in product innovation are contributing to its growth momentum.
Segment nΒ°7 -> Elevator Application Drive Systems
Expected Growth : 5.0 %
What the company do ?
Elevator Application Drive Systems from Columbus McKinnon Corporation provide reliable and efficient motor control solutions for elevator modernization and new installations.
Why we expect these perspectives ?
The 5.0% growth of Elevator Application Drive Systems from Columbus McKinnon Corporation is driven by increasing urbanization, rising demand for high-rise buildings, and growing need for energy-efficient elevator systems. Additionally, advancements in technology, such as IoT integration and predictive maintenance, are also contributing to the segment's growth.
Columbus Mckinnon Corporation Products
Product Range | What is it ? |
---|---|
Hoists | Columbus McKinnon's hoists are designed for lifting and moving heavy loads in various industries such as manufacturing, construction, and warehousing. |
Crane Components | The company offers a range of crane components including crane kits, end trucks, and crane accessories for overhead crane systems. |
Rigging and Lifting Equipment | Columbus McKinnon provides a variety of rigging and lifting equipment such as wire rope, chain, and synthetic slings for material handling and lifting applications. |
Actuators and Automation | The company's actuators and automation products are designed for industrial automation, robotics, and motion control applications. |
Ergonomic Systems | Columbus McKinnon's ergonomic systems are designed to reduce worker fatigue and improve workplace safety in industries such as manufacturing and warehousing. |
Material Handling Systems | The company offers customized material handling systems for industries such as manufacturing, warehousing, and distribution. |
Columbus McKinnon Corporation's Porter Forces
Threat Of Substitutes
The threat of substitutes for Columbus McKinnon Corporation is medium due to the availability of alternative products and services in the material handling industry.
Bargaining Power Of Customers
The bargaining power of customers is low due to the company's strong brand reputation and diversified customer base.
Bargaining Power Of Suppliers
The bargaining power of suppliers is medium due to the company's dependence on a few key suppliers for raw materials.
Threat Of New Entrants
The threat of new entrants is low due to the high barriers to entry in the material handling industry, including significant capital requirements and regulatory hurdles.
Intensity Of Rivalry
The intensity of rivalry is high due to the competitive nature of the material handling industry, with several established players competing for market share.
Capital Structure
Value | |
---|---|
Debt Weight | 38.69% |
Debt Cost | 8.17% |
Equity Weight | 61.31% |
Equity Cost | 10.31% |
WACC | 9.48% |
Leverage | 63.09% |
Columbus McKinnon Corporation : Quality Control
Columbus McKinnon Corporation passed 2 out of 9 key points:
Historical Valuation
Price/Earnings Ratio
Margin Valuation
Peers Valuation
Competitors
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