AI Spotlight on PKOH
Company Description
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 Technologies, Assembly Components, and Engineered Products.
The Supply Technologies segment offers Total Supply Management solution, including engineering and design support, part usage and cost analysis, supplier selection, quality assurance, bar coding, product packaging and tracking, just-in-time and point-of-use delivery, electronic billing, and ongoing technical support services, as well as provides spare parts and aftermarket products; and production components, such as valves, fuel hose assemblies, electro-mechanical hardware, labels, fittings, steering components, and other products.It also engineers and manufactures precision cold-formed and cold-extruded fasteners and other products, including locknuts, SPAC nuts, SPAC bolts, and wheel hardware.The Assembly Components segment manufactures aluminum products, direct fuel injection fuel rails and pipes, fuel filler pipes, and flexible multi-layer plastic and rubber assemblies; turbo charging and coolant hoses; and fluid handling systems.
It also offers machining services, as well as value-added services, such as design engineering, machining, and part assembly.The Engineered Products segment designs and manufactures engineered products, including induction heating and melting systems, pipe threading systems, and forged and machined products primarily for ferrous and non-ferrous metals, silicon, coatings, forging, foundry, automotive, and construction equipment industries; engineers and installs mechanical forging presses; sells spare parts; provides field services; and offers aerospace and defense structural components, and rail products, such as railcar center plates and draft lugs.Park-Ohio Holdings Corp.
was founded in 1907 and is headquartered in Cleveland, Ohio.
Market Data
Last Price | 24.88 |
Change Percentage | -2.01% |
Open | 25.46 |
Previous Close | 25.39 |
Market Cap ( Millions) | 349 |
Volume | 17912 |
Year High | 34.5 |
Year Low | 22.74 |
M A 50 | 27.9 |
M A 200 | 27.76 |
Financial Ratios
FCF Yield | 2.43% |
Dividend Yield | 2.01% |
ROE | 5.61% |
Debt / Equity | 209.88% |
Net Debt / EBIDTA | 509.87% |
Price To Book | 0.93 |
Price Earnings Ratio | 18.51 |
Price To FCF | 41.1 |
Price To sales | 0.21 |
EV / EBITDA | 7.86 |
News
- Nov -09 - Park-Ohio Holdings Corp. (PKOH) Q3 2024 Earnings Call Transcript
- Nov -06 - ParkOhio Announces Strong Third Quarter 2024 Results
- Oct -29 - ParkOhio Announces Third Quarter 2024 Results Webcast
- Aug -11 - Park-Ohio Holdings Corp. (PKOH) Q2 2024 Earnings Call Transcript
- May -01 - Park-Ohio Holdings Corp. (PKOH) Q1 2024 Earnings Call Transcript
- Apr -29 - Park-Ohio (PKOH) Q1 Earnings Beat Estimates
- Apr -29 - ParkOhio Announces Strong First Quarter 2024 Results
- Apr -22 - ParkOhio Announces First Quarter 2024 Results Webcast
- Apr -19 - ParkOhio Announces Quarterly Dividend
- Apr -10 - ParkOhio Announces Ratings Upgrade from S&P Global
- Mar -06 - Park-Ohio Holdings Corp. (PKOH) Q4 2023 Earnings Call Transcript
- Mar -05 - ParkOhio Announces Fourth Quarter and Full Year 2023 Results and the Acquisition of EMA Indutec GmbH
- Feb -22 - ParkOhio Announces Fourth Quarter & Full Year 2023 Results Webcast
- Jan -03 - ParkOhio Completes Sale of Aluminum Products Business
- Nov -20 - ParkOhio Announces Ratings Upgrade from Moody's
- Nov -14 - Park-Ohio Holdings Is Still A Great Small-Cap To Consider
- Nov -04 - Park-Ohio Holdings Corp. (PKOH) Q3 2023 Earnings Call Transcript
- Nov -01 - ParkOhio Announces Strong Third Quarter 2023 Results
- Oct -24 - ParkOhio Announces Third Quarter 2023 Results Conference Call
- Oct -19 - Stocks to Sell: 7 Overbought Companies You Ought to Dump Right Now
Business Breakdown
Expected Mid-Term Growth
Segment nΒ°1 -> Supply Technologies
Expected Growth : 4.5 %
What the company do ?
Supply Technologies from Park-Ohio Holdings Corp. provides supply chain management solutions, including logistics, procurement, and inventory management services to various industries.
Why we expect these perspectives ?
Supply Technologies' 4.5% growth is driven by increasing demand for engineered components, expansion in e-mobility and renewable energy markets, and strategic acquisitions. Additionally, operational efficiencies and cost savings initiatives contribute to the segment's growth. Furthermore, the company's focus on innovation and R&D investments in new product development and process improvements also support growth.
Segment nΒ°2 -> Engineered Products
Expected Growth : 4.8 %
What the company do ?
Engineered Products from Park-Ohio Holdings Corp. provides highly engineered systems and components to various industries, including aerospace, industrial, and transportation.
Why we expect these perspectives ?
Park-Ohio Holdings Corp.'s Engineered Products segment growth of 4.8% is driven by increasing demand from the aerospace and industrial markets, coupled with the company's strategic acquisitions and investments in new product development. Additionally, the segment's focus on operational efficiency and cost reduction initiatives has contributed to its growth.
Segment nΒ°3 -> Assembly Components
Expected Growth : 5.2 %
What the company do ?
Assembly Components from Park-Ohio Holdings Corp. provide customized assembly solutions, including kitting, packaging, and logistics services for various industries.
Why we expect these perspectives ?
Park-Ohio Holdings Corp.'s Assembly Components segment growth of 5.2% is driven by increasing demand for electric vehicles, rising adoption of advanced driver-assistance systems, and growing need for lightweight materials. Additionally, the company's strategic acquisitions and investments in new technologies have expanded its product offerings and improved operational efficiency.
Park-Ohio Holdings Corp. Products
Product Range | What is it ? |
---|---|
Diversified Industrial Products | Park-Ohio Holdings Corp. provides diversified industrial products, including precision machined components, aluminum billets, and engineered products. |
Supply Chain Management Services | The company offers supply chain management services, including procurement, inventory management, and logistics services. |
Light Assembly and Packaging Services | Park-Ohio Holdings Corp. provides light assembly and packaging services, including kitting, packaging, and labeling. |
Engineered Components | The company designs and manufactures engineered components, including precision machined parts, gears, and bearings. |
Forged Products | Park-Ohio Holdings Corp. manufactures forged products, including steel forgings, aluminum forgings, and titanium forgings. |
Park-Ohio Holdings Corp.'s Porter Forces
Threat Of Substitutes
The threat of substitutes for Park-Ohio Holdings Corp. is medium due to the availability of alternative products and services in the market.
Bargaining Power Of Customers
The bargaining power of customers for Park-Ohio Holdings Corp. is high due to the concentration of customers in the industry.
Bargaining Power Of Suppliers
The bargaining power of suppliers for Park-Ohio Holdings Corp. is low due to the availability of multiple suppliers in the market.
Threat Of New Entrants
The threat of new entrants for Park-Ohio Holdings Corp. is medium due to the moderate barriers to entry in the industry.
Intensity Of Rivalry
The intensity of rivalry for Park-Ohio Holdings Corp. is high due to the high competition in the industry.
Strength
Capital Structure
Value | |
---|---|
Debt Weight | 69.56% |
Debt Cost | 8.25% |
Equity Weight | 30.44% |
Equity Cost | 9.97% |
WACC | 8.77% |
Leverage | 228.57% |
Park-Ohio Holdings Corp. : Quality Control
Park-Ohio Holdings Corp. passed 2 out of 9 key points:
Historical Valuation
Price/Earnings Ratio
Margin Valuation
Peers Valuation
Competitors
Company | Rational |
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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, β¦ |
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. β¦ |
HURC | 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 β¦ |
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, β¦ |
GHM | Graham Corporation, together with its subsidiaries, designs and manufactures fluid, power, heat transfer, and vacuum equipment for chemical and petrochemical processing, defense, space, petroleum refining, cryogenic, energy, and other industries. β¦ |