1.07%
-0.87%
-4.32%
-11.57%
-23.26%
40.52%
11.67%
60.0060.0058.0058.0056.0056.0054.0054.0052.0052.0050.0050.0048.0048.0011/29/202411/29/202412/10/202412/10/202412/21/202412/21/20241/1/20251/1/20251/13/20251/13/20251/24/20251/24/20252/4/20252/4/20252/15/20252/15/2025
Download SVG
Download PNG
Download CSV

Company Description

Hyster-Yale Materials Handling, Inc., through its subsidiaries, designs, engineers, manufactures, sells, and services a line of lift trucks, attachments, and aftermarket parts worldwide.It manufactures components, such as frames, masts, and transmissions; and assembles lift trucks.The company markets its products primarily under the Hyster and Yale brand names to independent Hyster and Yale retail dealerships.


It also sells aftermarket parts under the Hyster and Yale, as well as UNISOURCE and PREMIER brands to Hyster and Yale dealers for the service of competitor lift trucks.In addition, the company produces and distributes attachments, forks, and lift tables under the Bolzoni, Auramo, and Meyer brand names; and designs and produces products in the port equipment and rough terrain forklift markets.Further, it designs, manufactures, and sells hydrogen fuel-cell stacks and engines.


The company serves light and heavy manufacturers, trucking and automotive companies, rental companies, building materials and paper suppliers, lumber, metal products, warehouses, retailers, food distributors, container handling companies, and U.S. and non-U.S. governmental agencies.Hyster-Yale Materials Handling, Inc.was incorporated in 1991 and is headquartered in Cleveland, Ohio.

Market Data

Last Price 53.79
Change Percentage 1.07%
Open 53.23
Previous Close 53.22
Market Cap ( Millions) 942
Volume 104035
Year High 84.44
Year Low 48.73
M A 50 52.24
M A 200 62.16

Financial Ratios

FCF Yield 16.23%
Dividend Yield 2.56%
ROE 30.23%
Debt / Equity 92.76%
Net Debt / EBIDTA 118.98%
Price To Book 1.98
Price Earnings Ratio 6.61
Price To FCF 6.16
Price To sales 0.22
EV / EBITDA 4.45

News

Business Breakdown

Expected Mid-Term Growth

Segment nΒ°1 -> Lift Truck

Expected Growth : 3.0 %

What the company do ?

The Lift Truck from Hyster-Yale Materials Handling, Inc. is a type of industrial vehicle used for lifting and moving heavy loads in warehouses and manufacturing facilities.

Why we expect these perspectives ?

The 3.0% growth of Lift Truck from Hyster-Yale Materials Handling, Inc. is driven by increasing demand for warehouse automation, e-commerce growth, and rising adoption of electric forklifts. Additionally, the company's focus on product innovation, expansion in emerging markets, and strategic acquisitions contribute to its growth momentum.

Segment nΒ°2 -> Bolzoni

Expected Growth : 3.0 %

What the company do ?

Bolzoni is a leading manufacturer of forklift truck attachments and hydraulic accessories, acquired by Hyster-Yale Materials Handling, Inc. in 2016.

Why we expect these perspectives ?

Bolzoni's 3.0% growth is driven by increasing demand for warehouse automation, e-commerce growth, and rising adoption of lithium-ion batteries in forklifts. Additionally, the company's focus on innovative products, such as its lithium-ion powered pallet trucks, and strategic acquisitions are expected to contribute to its growth.

Segment nΒ°3 -> Eliminations

Expected Growth : 3.0 %

What the company do ?

Eliminations from Hyster-Yale Materials Handling, Inc. refer to the removal of intercompany transactions and balances between subsidiaries to present consolidated financial statements.

Why we expect these perspectives ?

Hyster-Yale Materials Handling, Inc.'s 3.0% growth driven by increased demand for warehouse automation, e-commerce growth, and rising adoption of lithium-ion batteries in forklifts, offsetting declines in traditional internal combustion engine products.

Segment nΒ°4 -> Nuvera

Expected Growth : 3.0 %

What the company do ?

Nuvera is a hydrogen fuel cell solution from Hyster-Yale Materials Handling, Inc. that provides a zero-emission alternative for material handling applications.

Why we expect these perspectives ?

Nuvera's 3.0 growth is driven by increasing adoption of alternative energy solutions, rising demand for eco-friendly forklifts, and expanding presence in the material handling industry. Additionally, Hyster-Yale's strategic investments in technology and manufacturing capabilities, as well as growing partnerships with major logistics and e-commerce companies, contribute to Nuvera's growth momentum.

Hyster-Yale Materials Handling, Inc. Products

Product Range What is it ?
Lift Trucks Hyster-Yale Materials Handling, Inc. offers a range of lift trucks, including electric, internal combustion, and warehouse products, designed to meet the needs of various industries and applications.
Container Handling Equipment The company provides container handling equipment, such as reachstackers and empty container handlers, designed for efficient and safe container handling in ports and terminals.
Warehouse Equipment Hyster-Yale offers a range of warehouse equipment, including pallet trucks, stackers, and order pickers, designed to optimize warehouse operations.
Automated Guided Vehicles (AGVs) The company provides AGVs, which are designed to automate material handling tasks, such as transporting goods and materials in warehouses and manufacturing facilities.
Telemetry and Fleet Management Solutions Hyster-Yale offers telemetry and fleet management solutions, which provide real-time data and insights to optimize fleet operations and reduce costs.

Hyster-Yale Materials Handling, Inc.'s Porter Forces

The threat of substitutes for Hyster-Yale Materials Handling, Inc. is medium due to the presence of alternative material handling solutions, but the company's strong brand reputation and customer loyalty mitigate this threat.

The bargaining power of customers is high due to the large number of customers and the availability of alternative suppliers, giving customers the power to negotiate prices and terms.

The bargaining power of suppliers is low due to the company's large scale of operations and its ability to negotiate favorable terms with suppliers.

The threat of new entrants is low due to the high barriers to entry, including the need for significant capital investment and the complexity of the material handling industry.

The intensity of rivalry is high due to the presence of several established competitors in the material handling industry, leading to a competitive market environment.

Capital Structure

Value
Debt Weight 56.00%
Debt Cost 10.77%
Equity Weight 44.00%
Equity Cost 11.39%
WACC 11.04%
Leverage 127.29%

Historical Valuation

Price/Earnings Ratio

Margin Valuation

Peers Valuation

Competitors

Company Rational
GENC Gencor Industries, Inc., together with its subsidiaries, designs, manufactures, and sells heavy machinery used in the production of highway construction materials and environmental control equipment. The company offers hot-mix asphalt …
WNC Wabash National Corporation designs, manufactures, and distributes engineered solutions for the transportation, logistics, and distribution industries primarily in the United States. The company operates through two segments, Transportation Solutions and …
REVG REV Group, Inc. designs, manufactures, and distributes specialty vehicles, and related aftermarket parts and services in the United States, Canada, Europe, Africa, and internationally. It operates through three segments: Fire …
ALG Alamo Group Inc. designs, manufactures, distributes, and services vegetation management and infrastructure maintenance equipment for governmental, industrial, and agricultural uses worldwide. Its Vegetation Management Division segment offers hydraulically-powered and tractor-mounted …
LNN Lindsay Corporation, together with its subsidiaries, provides water management and road infrastructure products and services in the United States and internationally. The company operates in two segments, Irrigation and Infrastructure. …

Peers Metrics

DCF BETA

Parameters

Short Term Growth
Short term Time
Long-Term Growth
WACC
Target Price
53.79$
Current Price
53.79$
Potential
-0.00%

Expected Cash-Flows

Scoring Insights

ValueQualityYieldMomentumVolatilityGrowth
Company A-Score: 8.00Peer Group Average: 5.20Leader: 5.70

Peers Group Analysis

πŸ₯‡

REV Group Logo
REV Group
A-Score # N/A

Value:# N/A

Growth: # N/A

Quality: # N/A

Yield: # N/A

Momentum: # N/A

Volatility: # N/A

1-Year Total Return ->

πŸ₯ˆ

Hyster-Yale Logo
Hyster-Yale
A-Score # N/A

Value:# N/A

Growth: # N/A

Quality: # N/A

Yield: # N/A

Momentum: # N/A

Volatility: # N/A

1-Year Total Return ->

πŸ₯‰

Lindsay Logo
Lindsay
A-Score # N/A

Value:# N/A

Growth: # N/A

Quality: # N/A

Yield: # N/A

Momentum: # N/A

Volatility: # N/A

1-Year Total Return ->

4

Alamo Group Logo
Alamo Group
A-Score # N/A

Value:# N/A

Growth: # N/A

Quality: # N/A

Yield: # N/A

Momentum: # N/A

Volatility: # N/A

1-Year Total Return ->

5

Wabash Logo
Wabash
A-Score # N/A

Value:# N/A

Growth: # N/A

Quality: # N/A

Yield: # N/A

Momentum: # N/A

Volatility: # N/A

1-Year Total Return ->

6

Gencor Logo
Gencor
A-Score # N/A

Value:# N/A

Growth: # N/A

Quality: # N/A

Yield: # N/A

Momentum: # N/A

Volatility: # N/A

1-Year Total Return ->