AI Spotlight on MNTX
Company Description
Manitex International, Inc.provides engineered lifting solutions in the United States, Italy, Canada, France, Chile, and internationally.It designs, manufactures, and distributes products that are used in various industries.
The company also offers boom trucks, truck cranes, aerial platforms, and sign cranes products primarily for use in industrial projects, energy exploration, and infrastructure development comprising roads, bridges, and commercial construction.In addition, it manufactures and sells rough terrain cranes and material handling products for construction, municipality, and railroad industries; and truck mounted hydraulic knuckle boom cranes.The company provides its products under the Manitex, PM, MAC, PM-Tadano, Oil & Steel, Badger, and Valla brands.
It also sells its products through dealers and rental distribution channel.The company was formerly known as Veri-Tek International, Corp.and changed its name to Manitex International, Inc.
in May 2008.Manitex International, Inc.was founded in 1993 and is headquartered in Bridgeview, Illinois.
Market Data
Last Price | 5.8 |
Change Percentage | 0.00% |
Open | 5.8 |
Previous Close | 5.8 |
Market Cap ( Millions) | 118 |
Volume | 216922 |
Year High | 8.34 |
Year Low | 3.07 |
M A 50 | 5.74 |
M A 200 | 5.37 |
Financial Ratios
FCF Yield | 0.45% |
Dividend Yield | 0.00% |
ROE | 13.00% |
Debt / Equity | 112.95% |
Net Debt / EBIDTA | 322.90% |
Price To Book | 1.57 |
Price Earnings Ratio | 12.59 |
Price To FCF | 220.72 |
Price To sales | 0.4 |
EV / EBITDA | 7.41 |
News
- Jan -07 - BGL Announces Manitex International Completes the Closing of its Acquisition by Tadano Ltd.
- Dec -20 - Manitex International Announces Results of Special Meeting of Shareholders
- Dec -06 - SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates NAPA and MNTX on Behalf of Shareholders
- Nov -07 - Manitex (MNTX) Q3 Earnings Beat Estimates
- Oct -30 - SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates OB and MNTX on Behalf of Shareholders
- Oct -02 - SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates MNTX and RFL on Behalf of Shareholders
- Sep -19 - SHAREHOLDER ALERT: The M&A Class Action Firm Investigates the Merger of CBIZ, Inc. - CBZ
- Sep -17 - MANITEX INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Manitex International, Inc. - MNTX
- Sep -12 - BGL Announces Manitex International Reaches Definitive Agreement to be Acquired by Tadano Ltd.
- Sep -12 - MNTX Stock Alert: Halper Sadeh LLC Is Investigating Whether the Sale of Manitex International, Inc. Is Fair to Shareholders
- Sep -12 - Torus to Create 172 High-Paying Jobs in Utah, Boosting Local Economy
- Sep -12 - Shareholder Alert: Ademi LLP investigates whether Manitex International, Inc. has obtained a Fair Price for its Public Shareholders
- Aug -23 - Manitex International Signs Dealership Agreement With Bruckner's Truck & Equipment in Support of Its North American PM Crane Sales Expansion
- Aug -10 - Manitex International, Inc. (MNTX) Q2 2024 Earnings Call Transcript
- Aug -07 - Manitex (MNTX) Tops Q2 Earnings and Revenue Estimates
- Jun -09 - Manitex International Has Been Executing On Self-Improvement, But Macro Challenges Remain
- May -04 - Manitex International, Inc. (MNTX) Q1 2024 Earnings Call Transcript
- May -02 - Manitex (MNTX) Tops Q1 Earnings and Revenue Estimates
- May -02 - Manitex International Reports First Quarter 2024 Results
- Apr -30 - Manitex International to Participate in the Sidoti Micro-Cap Virtual Conference
Business Breakdown
Expected Mid-Term Growth
Segment nΒ°1 -> Lifting Equipment
Expected Growth : 4.5 %
What the company do ?
Manitex International, Inc.'s Lifting Equipment offers a range of cranes, boom trucks, and aerial platforms for heavy-lifting and material handling applications.
Why we expect these perspectives ?
Manitex International's 4.5% growth in Lifting Equipment is driven by increasing demand from construction and infrastructure projects, rising adoption of aerial work platforms, and growing need for material handling solutions in industries such as oil and gas, and renewable energy.
Segment nΒ°2 -> Rental Equipment
Expected Growth : 5.5 %
What the company do ?
Rental Equipment from Manitex International, Inc. offers a range of aerial lifts, boom trucks, and cranes for rent to support various industries and projects.
Why we expect these perspectives ?
Manitex International's 5.5% rental equipment growth driven by increasing infrastructure projects, rising construction activities, and growing demand for aerial work platforms. Additionally, the company's strategic acquisitions, expanded product offerings, and strong dealer network contribute to the segment's growth.
Manitex International, Inc. Products
Product Range | What is it ? |
---|---|
Boom Trucks | Manitex International's boom trucks are designed for heavy-duty lifting and hauling, featuring a range of capacities and boom lengths to suit various applications. |
Knuckle Boom Cranes | Manitex International's knuckle boom cranes offer a compact and versatile design, suitable for tight spaces and heavy lifting requirements. |
Straight Mast Cranes | Manitex International's straight mast cranes are designed for heavy-duty lifting and hauling, featuring a range of capacities and mast heights. |
Truck-Mounted Cranes | Manitex International's truck-mounted cranes offer a mobile and versatile lifting solution, suitable for a range of applications and industries. |
Aerial Work Platforms | Manitex International's aerial work platforms provide a safe and efficient way to access high areas, featuring a range of platform heights and capacities. |
Manitex International, Inc.'s Porter Forces
Threat Of Substitutes
The threat of substitutes for Manitex International, Inc. is medium due to the availability of alternative products and services in the market.
Bargaining Power Of Customers
The bargaining power of customers for Manitex International, Inc. is low due to the company's strong brand reputation and customer loyalty.
Bargaining Power Of Suppliers
The bargaining power of suppliers for Manitex International, Inc. is medium due to the presence of multiple suppliers in the market.
Threat Of New Entrants
The threat of new entrants for Manitex International, Inc. is high due to the low barriers to entry in the industry.
Intensity Of Rivalry
The intensity of rivalry for Manitex International, Inc. is high due to the presence of several established players in the market.
Capital Structure
Value | |
---|---|
Debt Weight | 59.52% |
Debt Cost | 5.28% |
Equity Weight | 40.48% |
Equity Cost | 8.23% |
WACC | 6.48% |
Leverage | 147.03% |
Manitex International, Inc. : Quality Control
Manitex International, Inc. passed 1 out of 9 key points:
Historical Valuation
Price/Earnings Ratio
Margin Valuation
Peers Valuation
Competitors
Company | Rational |
---|---|
TWI | Titan International, Inc., together with its subsidiaries, manufactures and sells wheels, tires, and undercarriage systems and components for off-highway vehicles in North America, Europe, Latin America, the Commonwealth of Independent β¦ |
HYFM | Hydrofarm Holdings Group, Inc., together with its subsidiaries, engages in the manufacture and distribution of controlled environment agriculture (CEA) equipment and supplies in the United States and Canada. The company β¦ |
CMCO | 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, β¦ |
ASTE | Astec Industries, Inc. designs, engineers, manufactures, and markets equipment and components used primarily in road building and related construction activities in the United States and internationally. The company operates in β¦ |
MTW | The Manitowoc Company, Inc. provides engineered lifting solutions in the Americas, Europe, Africa, the Middle East, and the Asia Pacific. It designs, manufactures, and distributes crawler-mounted lattice-boom cranes under the β¦ |