Shyft Financials
SHYF Stock | USD 14.26 0.03 0.21% |
Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
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Debt Equity Ratio | 0.39 | 0.5249 |
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Current Ratio | 2.84 | 1.5694 |
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The essential information of the day-to-day investment outlook for Shyft includes many different criteria found on its balance sheet. An individual investor should monitor Shyft's cash flow, debt, and profitability to accurately make informed decisions on whether to invest in Shyft.
Net Income |
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Shyft | Select Account or Indicator |
Understanding current and past Shyft Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Shyft's financial statements are interrelated, with each one affecting the others. For example, an increase in Shyft's assets may result in an increase in income on the income statement.
Shyft Stock Summary
Shyft competes with Astec Industries, Manitex International, Alamo, Columbus McKinnon, and AGCO. The Shyft Group, Inc. manufactures and assembles specialty vehicles for the commercial vehicle and recreational vehicle industries in the United States and internationally. The Shyft Group, Inc. was incorporated in 1975 and is headquartered in Novi, Michigan. Shyft operates under Farm Heavy Construction Machinery classification in the United States and is traded on NASDAQ Exchange. It employs 3306 people.Specialization | Industrials, Farm & Heavy Construction Machinery |
Instrument | USA Stock View All |
Exchange | NASDAQ Exchange |
ISIN | US8256981031 |
CUSIP | 825698103 846819100 |
Location | Michigan; U.S.A |
Business Address | 41280 Bridge Street, |
Sector | Machinery |
Industry | Industrials |
Benchmark | Dow Jones Industrial |
Website | www.theshyftgroup.com |
Phone | 517 543 6400 |
Currency | USD - US Dollar |
Shyft Key Financial Ratios
Return On Equity | -0.0149 | ||||
Profit Margin | (0) % | ||||
Operating Margin | 0.03 % | ||||
Price To Sales | 0.63 X | ||||
Revenue | 872.2 M |
Shyft Key Balance Sheet Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 450.5M | 359.0M | 447.9M | 580.5M | 530.0M | 556.6M | |
Other Current Liab | 87.1M | 23.4M | 26.4M | 30.2M | 21.9M | 23.0M | |
Net Debt | 110.1M | 53.3M | 18.0M | 119.6M | 122.4M | 128.5M | |
Retained Earnings | 86.8M | 109.3M | 171.4M | 175.6M | 158.5M | 166.4M | |
Cash | 19.3M | 21.0M | 37.2M | 11.5M | 10.0M | 14.8M | |
Net Receivables | 77.9M | 80.6M | 118.7M | 222.3M | 164.4M | 172.6M | |
Inventory | 59.5M | 46.4M | 67.2M | 100.2M | 105.1M | 110.4M | |
Other Current Assets | 5.3M | 8.2M | 10.8M | 11.8M | 7.5M | 8.4M | |
Total Liab | 278.8M | 158.9M | 181.0M | 311.8M | 277.9M | 291.8M | |
Total Current Assets | 252.8M | 156.2M | 233.8M | 345.8M | 286.9M | 301.3M | |
Short Term Debt | 13.5M | 21.7M | 26.0M | 41.5M | 56.3M | 53.5M | |
Accounts Payable | 54.7M | 47.5M | 82.4M | 124.3M | 99.9M | 104.8M | |
Intangible Assets | 54.1M | 56.4M | 53.0M | 49.1M | 45.3M | 47.5M | |
Good Will | 33.8M | 43.6M | 49.5M | 48.9M | 44.0M | 41.8M | |
Other Assets | 27.8M | 51.2M | 7.8M | 12.6M | 14.5M | 22.9M | |
Long Term Debt | 88.7M | 23.4M | 738K | 56.3M | 50.1M | 32.7M | |
Long Term Debt Total | 88.7M | 23.4M | 738K | 56.3M | 64.7M | 67.9M | |
Other Liab | 4.9M | 5.4M | 8.1M | 10.0M | 11.5M | 6.3M | |
Net Tangible Assets | 74.6M | 94.5M | 164.9M | 219.5M | 252.4M | 153.4M | |
Short Long Term Debt | 8.3M | 6.7M | 10.2M | 19.7M | 34.7M | 36.4M |
Shyft Key Income Statement Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Interest Expense | 1.8M | 1.3M | 414K | 2.8M | 6.5M | 6.2M | |
Total Revenue | 756.5M | 676.0M | 991.8M | 1.0B | 872.2M | 915.8M | |
Gross Profit | 117.0M | 146.3M | 199.3M | 180.4M | 150.4M | 157.9M | |
Operating Income | 37.9M | 35.3M | 84.1M | 47.5M | 6.8M | 6.4M | |
Ebit | 37.9M | 49.4M | 84.9M | 46.8M | 7.2M | 6.9M | |
Ebitda | 49.1M | 63.4M | 96.3M | 61.5M | 24.2M | 20.7M | |
Cost Of Revenue | 639.5M | 529.7M | 792.5M | 846.7M | 721.8M | 362.1M | |
Income Before Tax | 47.1M | 48.2M | 84.5M | 43.9M | 696K | 661.2K | |
Net Income | 36.8M | 32.8M | 68.9M | 36.6M | 6.5M | 10.4M | |
Income Tax Expense | 10.4M | 9.9M | 14.5M | 7.4M | (5.8M) | (5.5M) | |
Research Development | 4.9M | 4.4M | 8.5M | 25.3M | 25.2M | 26.4M | |
Tax Provision | 10.4M | 9.9M | 14.5M | 7.4M | (5.8M) | (5.5M) | |
Interest Income | 2.2M | 1.4M | 601K | 842K | 968.3K | 1.0M | |
Net Interest Income | (469K) | (692K) | 428K | (2.8M) | (6.5M) | (6.2M) | |
Minority Interest | (518K) | (171K) | 1.2M | (128K) | 32K | 33.6K |
Shyft Key Cash Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Change In Cash | (8.1M) | 1.6M | 16.2M | (25.6M) | (1.6M) | (1.5M) | |
Free Cash Flow | 24.1M | 49.8M | 51.0M | (39.4M) | 35.5M | 37.3M | |
Depreciation | 11.2M | 14.2M | 11.4M | 14.8M | 17.0M | 17.8M | |
Other Non Cash Items | 54.0M | 5.8M | (110K) | 826K | 389K | 408.5K | |
Capital Expenditures | 10.0M | 14.5M | 23.0M | 20.6M | 20.7M | 21.8M | |
Net Income | (12.4M) | 33.2M | 70.2M | 36.6M | 6.5M | 9.3M | |
End Period Cash Flow | 19.3M | 21.0M | 37.2M | 11.5M | 10.0M | 16.1M | |
Change To Inventory | (14.8M) | 12.8M | (20.8M) | (33.0M) | (5.0M) | (4.7M) | |
Dividends Paid | 3.6M | 3.6M | 3.6M | 7.1M | (7.1M) | (6.8M) | |
Investments | (99.0M) | 14.9M | (22.1M) | (20.4M) | (22.9M) | (24.0M) | |
Net Borrowings | 61.8M | (65M) | (22.4M) | 56M | 64.4M | 67.6M | |
Change To Netincome | 45.4M | 37.1M | 10.7M | 2.9M | 3.4M | 3.2M |
Shyft Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Shyft's current stock value. Our valuation model uses many indicators to compare Shyft value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Shyft competition to find correlations between indicators driving Shyft's intrinsic value. More Info.Shyft Group is rated below average in return on equity category among its peers. It also is rated below average in return on asset category among its peers . At this time, Shyft's Return On Equity is most likely to increase slightly in the upcoming years. Comparative valuation analysis is a catch-all technique that is used if you cannot value Shyft by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.Shyft Group Systematic Risk
Shyft's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Shyft volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was fourteen with a total number of output elements of fourty-seven. The Beta measures systematic risk based on how returns on Shyft Group correlated with the market. If Beta is less than 0 Shyft generally moves in the opposite direction as compared to the market. If Shyft Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Shyft Group is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Shyft is generally in the same direction as the market. If Beta > 1 Shyft moves generally in the same direction as, but more than the movement of the benchmark.
Today, most investors in Shyft Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Shyft's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Shyft growth as a starting point in their analysis.
Price Earnings To Growth Ratio |
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Shyft November 28, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Shyft help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Shyft Group. We use our internally-developed statistical techniques to arrive at the intrinsic value of Shyft Group based on widely used predictive technical indicators. In general, we focus on analyzing Shyft Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Shyft's daily price indicators and compare them against related drivers.
Downside Deviation | 2.53 | |||
Information Ratio | (0.03) | |||
Maximum Drawdown | 11.33 | |||
Value At Risk | (4.64) | |||
Potential Upside | 4.14 |
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When running Shyft's price analysis, check to measure Shyft's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Shyft is operating at the current time. Most of Shyft's value examination focuses on studying past and present price action to predict the probability of Shyft's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Shyft's price. Additionally, you may evaluate how the addition of Shyft to your portfolios can decrease your overall portfolio volatility.
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