XNASSHYF
Market cap426mUSD
Jan 15, Last price
12.36USD
1D
17.27%
1Q
-3.59%
Jan 2017
33.62%
Name
Shyft Group Inc
Chart & Performance
Profile
The Shyft Group, Inc. manufactures and assembles specialty vehicles for the commercial vehicle and recreational vehicle industries in the United States and internationally. It operates in two segments, Fleet Vehicles and Services, and Specialty Vehicles. The Fleet Vehicles and Services segment manufactures and sells commercial vehicles used in the e-commerce/last mile/parcel delivery, beverage and grocery delivery, laundry and linen, mobile retail, and trades and construction industries. This segment markets its commercial vehicles, including walk-in vans, cutaway vans, and truck bodies under the Aeromaster, Velocity, Trademaster, and Utilivan brands; and vocation-specific equipment upfit services under the Utilimaster Upfit Services and Strobes-R-Us brands. It also installs specialty interior and exterior up-fit equipment for walk-in vans, truck bodies, cargo vans, and light duty pick-up trucks; and provides aftermarket support, including parts sales and field services, as well as parts and accessories. The Specialty Vehicles segment engineers and manufactures luxury class A diesel motor home chassis; and manufactures and assembles truck bodies under the Royal Truck Body and DuraMag brands. It also provides final assembly services for Isuzu N-gas and F-series chassis under the Builtmore Contract Manufacturing brand; and designs and installs custom lighting and upfit solutions for a range of specialty industries. In addition, this segment provides truck accessories under the Magnum brand; and a range of parts and accessories, and maintenance and repair services for its motorhome and specialty chassis. The Shyft Group, Inc. sells its products to commercial users, original equipment manufacturers, dealers, individuals, municipalities, and other government entities. The company was formerly known as Spartan Motors, Inc. and changed its name to The Shyft Group, Inc. in June 2020. The Shyft Group, Inc. was incorporated in 1975 and is headquartered in Novi, Michigan.
Valuation
Title USD in thousands, except ratios and share amounts | FY | FY | FY | FY | FY | FY | FY | FY | FY |
---|---|---|---|---|---|---|---|---|---|
2023‑12 | 2022‑12 | 2021‑12 | 2020‑12 | 2019‑12 | 2018‑12 | 2017‑12 | 2016‑12 | 2015‑12 | |
Income | |||||||||
Revenues | 872,198 -15.09% | 1,027,164 3.57% | |||||||
Cost of revenue | 747,025 | 872,055 | |||||||
Unusual Expense (Income) | |||||||||
NOPBT | 125,173 | 155,109 | |||||||
NOPBT Margin | 14.35% | 15.10% | |||||||
Operating Taxes | (5,768) | 7,368 | |||||||
Tax Rate | 4.75% | ||||||||
NOPAT | 130,941 | 147,741 | |||||||
Net income | 6,496 -82.23% | 36,558 -46.96% | |||||||
Dividends | (7,109) | (7,148) | |||||||
Dividend yield | 1.67% | 0.81% | |||||||
Proceeds from repurchase of equity | (19,083) | (26,789) | |||||||
BB yield | 4.48% | 3.04% | |||||||
Debt | |||||||||
Debt current | 56,315 | 30,621 | |||||||
Long-term debt | 171,133 | 155,666 | |||||||
Deferred revenue | (37,659) | ||||||||
Other long-term liabilities | (28,540) | 10,033 | |||||||
Net debt | 217,491 | 174,739 | |||||||
Cash flow | |||||||||
Cash from operating activities | 56,244 | (18,843) | |||||||
CAPEX | (20,733) | (20,564) | |||||||
Cash from investing activities | (21,114) | (20,416) | |||||||
Cash from financing activities | (36,721) | 13,649 | |||||||
FCF | 138,969 | 43,310 | |||||||
Balance | |||||||||
Cash | 9,957 | 11,548 | |||||||
Long term investments | |||||||||
Excess cash | |||||||||
Stockholders' equity | 252,166 | 268,694 | |||||||
Invested Capital | 403,533 | 372,211 | |||||||
ROIC | 33.76% | 43.13% | |||||||
ROCE | 31.02% | 37.84% | |||||||
EV | |||||||||
Common stock shares outstanding | 34,861 | 35,494 | |||||||
Price | 12.22 -50.84% | 24.86 -49.40% | |||||||
Market cap | 426,001 -51.72% | 882,381 -50.24% | |||||||
EV | 643,492 | 1,057,221 | |||||||
EBITDA | 142,126 | 169,883 | |||||||
EV/EBITDA | 4.53 | 6.22 | |||||||
Interest | 6,527 | 2,833 | |||||||
Interest/NOPBT | 5.21% | 1.83% |