1.61%
8.65%
3.22%
27.92%
-12.89%
-36.74%
-31.93%
AI Spotlight on HURC
Company Description
Hurco Companies, Inc., an industrial technology company, designs, manufactures, and sells computerized machine tools to companies in the metal cutting industry worldwide.The company's principal products include general-purpose computerized machine tools, including vertical and horizontal machining centers, turning centers, and toolroom machines.It also provides computer control systems and related software for press brake applications.
In addition, the company offers machine tool components, automation integration equipment, and solutions for job shops; and software options, control upgrades, and accessories and replacement parts for its products, as well as customer service, training, and applications support services.It serves independent job shops and specialized short-run production applications within large manufacturing operations, as well as precision tool, die, and mold manufacturers in aerospace, defense, medical equipment, energy, automotive/transportation, electronics, and computer industries.The company sells its products under the Hurco, Milltronics, and Takumi brands through independent agents and distributors, as well as through its direct sales and service organizations.
Hurco Companies, Inc.was incorporated in 1968 and is headquartered in Indianapolis, Indiana.
Market Data
| Last Price | 21.49 |
| Change Percentage | 1.61% |
| Open | 20.5 |
| Previous Close | 21.15 |
| Market Cap ( Millions) | 143 |
| Volume | 9593 |
| Year High | 28.2 |
| Year Low | 14.83 |
| M A 50 | 20.56 |
| M A 200 | 18.84 |
Financial Ratios
| FCF Yield | -3.78% |
| Dividend Yield | 0.74% |
| ROE | -7.78% |
| Debt / Equity | 5.64% |
| Net Debt / EBIDTA | 377.16% |
| Price To Book | 0.67 |
| Price Earnings Ratio | -8.4 |
| Price To FCF | -26.47 |
| Price To sales | 0.77 |
| EV / EBITDA | -21.1 |
News
- Jan -15 - Hurco Stock Down on Q4 Loss, Revenue and Gross Margins Decline
- Jan -10 - Hurco Grinding Toward A Recovery, But In Fits And Starts
- Oct -25 - Hurco Poised to Pioneer the Future of Manufacturing
- Oct -11 - Hurco's AI Innovations Set to Revolutionize the Industry, Ushering in a New Era of Speed and Precision
- Sep -27 - Hurco Celebrates Successful IMTS as Show Generates Excitement Over Technological Advancements
- Sep -09 - HURC Stock Up Despite Y/Y Decline in Q3 Earnings, Gross Margin Down
- Sep -07 - With Global Manufacturing Growth Uncertain Hurco Gets A Hold Rating
- Sep -06 - Hurco and Universal Robots Showcase Integrated Automation Packages at IMTS
- Sep -06 - Hurco Reports Third Quarter Results for Fiscal Year 2024
- Aug -23 - Hurco's Unique Expertise in Control Technology and Dedication to Product Development to Be on Display at IMTS
- Aug -09 - Hurco Announces Strategic Collaboration with Kawasaki Robotics to Deliver Turnkey, Industrial-Grade, Robotic Machine-Tending Solutions
- Jun -26 - Zacks Initiates Coverage of Hurco With Underperform Recommendation
- Jun -14 - Hurco's stock slides 12.8% after company suspends quarterly dividend payments
- Jun -14 - Hurco Companies, Inc. Announces Suspension of Quarterly Cash Dividend
- Jun -10 - Hurco (HURC) Q2 Earnings Decline Y/Y, Gross Margin Contracts
- Jun -07 - Hurco's Results Reflect An Underlying Industrial Market That Is Still Under Real Pressure
- Apr -06 - Hurco Hammered As Short-Cycle Manufacturing Trends Remain Weak
- Mar -15 - Hurco Companies, Inc. Announces Quarterly Cash Dividend
- Mar -08 - Hurco Reports First Quarter Results for Fiscal Year 2024
- Mar -04 - Colgate-Palmolive, Dollar General Among 10 Dividend Growth Companies Announcing Increases In March
Business Breakdown
Expected Mid-Term Growth
Segment n°1 -> Computerized Machine Tools
Expected Growth : 4.5 %
What the company do ?
Computerized Machine Tools from Hurco Companies, Inc. are CNC machining centers and turning centers that provide precision and flexibility for manufacturing processes.
Why we expect these perspectives ?
The growth of computerized machine tools is driven by increasing demand for precision and flexibility in manufacturing processes, adoption of Industry 4.0 technologies, and rising need for automation in various industries such as aerospace, automotive, and medical devices.
Segment n°2 -> Service Parts
Expected Growth : 4.5 %
What the company do ?
Service Parts from Hurco Companies, Inc. provides replacement parts and accessories for CNC machines, ensuring optimal performance and minimizing downtime.
Why we expect these perspectives ?
Growing demand for CNC machines in industries such as aerospace, automotive, and medical devices drives the need for replacement parts and accessories, ensuring optimal performance and minimizing downtime.
Segment n°3 -> Service Fees
Expected Growth : 4.5 %
What the company do ?
Hurco Companies, Inc. service fees refer to the costs associated with maintenance, repair, and technical support for their CNC machine tools and software products.
Why we expect these perspectives ?
The growth of Hurco Companies' service fees is driven by increasing demand for CNC machine tools and software products, coupled with the need for regular maintenance and technical support to ensure optimal performance and minimize downtime.
Segment n°4 -> Computer Control Systems and Software
Expected Growth : 8.5 %
What the company do ?
Computer Control Systems and Software from Hurco Companies, Inc. provide CNC machine tool control solutions, enabling efficient manufacturing processes and precise control over machine operations.
Why we expect these perspectives ?
Growing demand for CNC machine tools, increasing adoption of Industry 4.0 technologies, and rising need for efficient manufacturing processes drive the growth of Computer Control Systems and Software from Hurco Companies, Inc.
Hurco Companies, Inc. Products
| Product Range | What is it ? |
|---|---|
| CNC Machining Centers | High-performance machining centers for milling, drilling, and tapping operations |
| CNC Lathes | High-precision turning centers for producing cylindrical parts and components |
| CNC Grinding Machines | High-accuracy grinding machines for surface and profile grinding operations |
| CNC Milling Machines | High-speed milling machines for milling, drilling, and tapping operations |
| CNC Turning Centers | High-precision turning centers for producing cylindrical parts and components |
| Control Systems | Advanced control systems for CNC machines, including conversational programming and simulation software |
| Software Solutions | CAD/CAM software and manufacturing execution system (MES) solutions for CNC machining |
Hurco Companies, Inc.'s Porter Forces
Threat Of Substitutes
Hurco Companies, Inc. faces moderate threat from substitutes due to the availability of alternative CNC machine tools and machining centers from competitors.
Bargaining Power Of Customers
Hurco Companies, Inc. has a diverse customer base, which reduces the bargaining power of individual customers, giving the company an upper hand in negotiations.
Bargaining Power Of Suppliers
Hurco Companies, Inc. relies on a few key suppliers for critical components, giving them some bargaining power, but the company's size and reputation help mitigate this risk.
Threat Of New Entrants
The CNC machine tool industry has high barriers to entry, including significant capital requirements and the need for specialized expertise, making it difficult for new entrants to compete with Hurco Companies, Inc.
Intensity Of Rivalry
The CNC machine tool industry is highly competitive, with several established players competing for market share, leading to a high intensity of rivalry for Hurco Companies, Inc.
Capital Structure
| Value | |
|---|---|
| Debt Weight | 4.85% |
| Debt Cost | 3.95% |
| Equity Weight | 95.15% |
| Equity Cost | 6.20% |
| WACC | 6.09% |
| Leverage | 5.09% |
Hurco Companies, Inc. : Quality Control
Hurco Companies, Inc. passed 4 out of 9 key points:
Historical Valuation
Price/Earnings Ratio
Margin Valuation
Peers Valuation
Competitors
| Company | Rational |
|---|---|
| PKOH | Park-Ohio Holdings Corp. provides supply chain management outsourcing services, capital equipment, and manufactured components in the United States, Europe, Asia, Mexico, Canada, and internationally. It operates through three segments: Supply … |
| TWIN | Twin Disc, Incorporated designs, manufactures, and sells marine and heavy duty off-highway power transmission equipment worldwide. It operates through two segments, Manufacturing and Distribution. The company's products include marine transmissions, … |
| EPAC | Enerpac Tool Group Corp. manufactures and sells a range of industrial products and solutions in the United States, the United Kingdom, Germany, Australia, Canada, China, Saudi Arabia, Brazil, and internationally. … |
| LXFR | Luxfer Holdings PLC, together with its subsidiaries, designs, manufactures, and supplies high-performance materials, components, and high-pressure gas containment devices for defense and emergency response, healthcare, transportation, and general industrial end-market … |
| THR | Thermon Group Holdings, Inc. provides engineered industrial process heating solutions for process industries worldwide. Its products include electric heating products, such as air heaters and heating accessories, boilers and calorifiers, … |
Peers Metrics
DCF BETA
Expected Cash-Flows
Scoring Insights
Peers Group Analysis
🥇
Luxfer
A-Score
1-Year Total Return ->
🥈
Enerpac Tool
A-Score
1-Year Total Return ->
🥉
Thermon
A-Score
1-Year Total Return ->
4
Park-Ohio
A-Score
1-Year Total Return ->
5
Hurco
A-Score
1-Year Total Return ->
6
