Columbus Mckinnon Stock Fundamentals
| CMCO Stock | USD 39.29 0.19 0.49% |
Columbus McKinnon fundamentals help investors to digest information that contributes to Columbus McKinnon's financial success or failures. It also enables traders to predict the movement of Columbus Stock. The fundamental analysis module provides a way to measure Columbus McKinnon's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Columbus McKinnon stock.
At this time, Columbus McKinnon's Interest Expense is very stable compared to the past year. As of the 30th of November 2024, Net Income is likely to grow to about 49 M, while Depreciation And Amortization is likely to drop about 23.8 M. Columbus | Select Account or Indicator |
Columbus McKinnon Company Operating Margin Analysis
Columbus McKinnon's Operating Margin shows how much operating income a company makes on each dollar of sales. It is one of the profitability indicators which helps analysts to understand whether the firm is successful or not making money from everyday operations.
Current Columbus McKinnon Operating Margin | (0.05) % |
Most of Columbus McKinnon's fundamental indicators, such as Operating Margin, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Columbus McKinnon is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Columbus Operating Margin Historical Pattern
Today, most investors in Columbus McKinnon Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Columbus McKinnon's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's operating margin growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Columbus McKinnon operating margin as a starting point in their analysis.
Columbus McKinnon Operating Margin |
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A good Operating Margin is required for a company to be able to pay for its fixed costs or payout its debt, which implies that the higher the margin, the better. This ratio is most effective in evaluating the earning potential of a company over time when comparing it against a firm's competitors.
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Columbus Pretax Profit Margin
Pretax Profit Margin |
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Based on the recorded statements, Columbus McKinnon has an Operating Margin of -0.0544%. This is 101.01% lower than that of the Machinery sector and significantly lower than that of the Industrials industry. The operating margin for all United States stocks is 99.01% lower than that of the firm.
Columbus McKinnon Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Columbus McKinnon's current stock value. Our valuation model uses many indicators to compare Columbus McKinnon value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Columbus McKinnon competition to find correlations between indicators driving Columbus McKinnon's intrinsic value. More Info.Columbus McKinnon is rated fourth in return on equity category among its peers. It is rated fifth in return on asset category among its peers reporting about 1.29 of Return On Asset per Return On Equity. At this time, Columbus McKinnon's Return On Equity is very stable compared to the past year. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Columbus McKinnon's earnings, one of the primary drivers of an investment's value.Columbus Operating Margin Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Columbus McKinnon's direct or indirect competition against its Operating Margin to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Columbus McKinnon could also be used in its relative valuation, which is a method of valuing Columbus McKinnon by comparing valuation metrics of similar companies.Columbus McKinnon is currently under evaluation in operating margin category among its peers.
Columbus McKinnon ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Columbus McKinnon's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Columbus McKinnon's managers, analysts, and investors.Environmental | Governance | Social |
Columbus Fundamentals
| Return On Equity | 0.0173 | ||||
| Return On Asset | 0.0224 | ||||
| Profit Margin | 0.02 % | ||||
| Operating Margin | (0.05) % | ||||
| Current Valuation | 1.57 B | ||||
| Shares Outstanding | 28.69 M | ||||
| Shares Owned By Insiders | 2.39 % | ||||
| Shares Owned By Institutions | 98.34 % | ||||
| Number Of Shares Shorted | 396.65 K | ||||
| Price To Earning | 85.88 X | ||||
| Price To Book | 1.25 X | ||||
| Price To Sales | 1.13 X | ||||
| Revenue | 1.01 B | ||||
| Gross Profit | 319.23 M | ||||
| EBITDA | 145.43 M | ||||
| Net Income | 46.62 M | ||||
| Cash And Equivalents | 88.86 M | ||||
| Cash Per Share | 3.11 X | ||||
| Total Debt | 599.62 M | ||||
| Debt To Equity | 0.63 % | ||||
| Current Ratio | 2.07 X | ||||
| Book Value Per Share | 31.36 X | ||||
| Cash Flow From Operations | 67.2 M | ||||
| Short Ratio | 1.44 X | ||||
| Earnings Per Share | 0.52 X | ||||
| Price To Earnings To Growth | 0.46 X | ||||
| Target Price | 49.0 | ||||
| Number Of Employees | 3.52 K | ||||
| Beta | 1.19 | ||||
| Market Capitalization | 1.13 B | ||||
| Total Asset | 1.83 B | ||||
| Retained Earnings | 395.33 M | ||||
| Working Capital | 252.39 M | ||||
| Current Asset | 272.73 M | ||||
| Current Liabilities | 132.52 M | ||||
| Annual Yield | 0.01 % | ||||
| Five Year Return | 0.58 % | ||||
| Net Asset | 1.83 B | ||||
| Last Dividend Paid | 0.28 |
About Columbus McKinnon Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Columbus McKinnon's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Columbus McKinnon using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Columbus McKinnon based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.| Last Reported | Projected for Next Year | ||
| Current Deferred Revenue | 17.5 M | 23.9 M | |
| Total Revenue | 1 B | 689 M | |
| Cost Of Revenue | 665.8 M | 482.9 M | |
| Stock Based Compensation To Revenue | 0.01 | 0.01 | |
| Sales General And Administrative To Revenue | 0.11 | 0.07 | |
| Research And Ddevelopement To Revenue | 0.03 | 0.03 | |
| Capex To Revenue | 0.02 | 0.03 | |
| Revenue Per Share | 35.28 | 37.68 | |
| Ebit Per Revenue | 0.11 | 0.09 |
Pair Trading with Columbus McKinnon
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Columbus McKinnon position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Columbus McKinnon will appreciate offsetting losses from the drop in the long position's value.Moving together with Columbus Stock
Moving against Columbus Stock
| 0.81 | LEV | Lion Electric Corp | PairCorr |
| 0.73 | NKLA | Nikola Corp | PairCorr |
| 0.35 | GP | GreenPower Motor | PairCorr |
| 0.34 | HY | Hyster Yale Materials | PairCorr |
| 0.33 | TWI | Titan International | PairCorr |
The ability to find closely correlated positions to Columbus McKinnon could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Columbus McKinnon when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Columbus McKinnon - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Columbus McKinnon to buy it.
The correlation of Columbus McKinnon is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Columbus McKinnon moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Columbus McKinnon moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Columbus McKinnon can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Columbus McKinnon Piotroski F Score and Columbus McKinnon Altman Z Score analysis. To learn how to invest in Columbus Stock, please use our How to Invest in Columbus McKinnon guide.You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
Is Industrial Machinery & Supplies & Components space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Columbus McKinnon. If investors know Columbus will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Columbus McKinnon listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.07) | Dividend Share 0.28 | Earnings Share 0.52 | Revenue Per Share 34.771 | Quarterly Revenue Growth (0.06) |
The market value of Columbus McKinnon is measured differently than its book value, which is the value of Columbus that is recorded on the company's balance sheet. Investors also form their own opinion of Columbus McKinnon's value that differs from its market value or its book value, called intrinsic value, which is Columbus McKinnon's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Columbus McKinnon's market value can be influenced by many factors that don't directly affect Columbus McKinnon's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Columbus McKinnon's value and its price as these two are different measures arrived at by different means. Investors typically determine if Columbus McKinnon is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Columbus McKinnon's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.