Columbus McKinnon Corp (CMCO) stock analysis

P/E against its history

Not enough price and earnings history to compare.

P/E against the industry

Needs positive earnings and enough profitable companies in the industry.

EV/EBITDA against its history

Needs positive EBITDA and price history.

P/B below the industry

Columbus McKinnon's price-to-book of 0.46 is below the Construction, Mining, and Materials Handling median of 1.38.

Trading below fair value

The share price of $21.81 is below our fair value estimate of $54.80.

Margin of safety over 20%

The price is 60.2% below fair value, more than the 20% cushion we look for.

Revenue growing under 10% a year

Revenue grew 8.4% a year over the last three fiscal years, short of the 10% we look for.

EPS growth over 3 years

Needs positive EPS three years ago and today.

Earnings acceleration

Needs positive net income now, a year ago and five years ago.

Growing faster than the industry

Revenue grew 55.2% over the last twelve months; the Construction, Mining, and Materials Handling median is 10.4%.

Guidance lowered

Columbus McKinnon lowered its fiscal 2027 Depreciation expense outlook on Nov 3, 2026.

Gross margin slipping

Gross margin was 28.8% over the last twelve months, against 32.7% a year earlier.

Return on equity under 15%

Return on equity was -27.8% over the last twelve months and averaged -0.9% over five years; we look for 15% on both.

Return on capital under 10%

Return on invested capital was -4.5%, below the 10% that usually covers the cost of capital.

Return on equity below the industry

Columbus McKinnon's return on equity of -27.8% is below the Construction, Mining, and Materials Handling median of 4.5%.

Earnings over 5 years

Needs positive net income five years ago and in the latest year.

Net margin below its 5-year average

Net margin was -21.2% over the last twelve months, against a 5-year average of -1.3%.

Net margin below the industry

Columbus McKinnon's net margin of -21.2% is below the Construction, Mining, and Materials Handling median of 2.6%.

High debt

Debt is 174% of shareholders' equity, above the 40% we consider low.

Debt rising against equity

Debt to equity rose from 47.0% five years ago to 174%.

Debt not well covered by cash flow

Operating cash flow over the last twelve months equals -4.3% of total debt; we look for at least 20%.

Interest coverage

Interest expense is not reported separately.

Short-term assets cover short-term debts

Current assets are 2.00 times current liabilities.

Elevated bankruptcy risk

The Altman Z-score is 0.49; above 3 is the safe zone and below 1.8 the distress zone.

Pays a dividend

Columbus McKinnon paid dividends worth 1.3% of the share price over the last twelve months.

Yield below Treasuries

The 1.3% yield is below the 4.4% on a 1-year Treasury.

Yield below the top quarter

The top quarter of US dividend payers yield 3.8% or more; Columbus McKinnon yields 1.3%.

Dividend not cut

The dividend per share has not fallen by more than 10% in any of the last 10 fiscal years.

Earnings cover

Needs dividends paid and net income.

Cash-flow cover

Needs dividends paid and free cash flow.