Manitowoc Co Inc (MTW) stock analysis

P/E above its 5-year median

Manitowoc's P/E of 34.6 is above its own 5-year median of 22.3.

P/E above the industry

Manitowoc's P/E of 34.6 is above the Construction, Mining, and Materials Handling median of 29.1.

EV/EBITDA below its 5-year median

Manitowoc's EV/EBITDA of 8.9 is below its 5-year median of 9.4.

P/B below the industry

Manitowoc's price-to-book of 1.24 is below the Construction, Mining, and Materials Handling median of 1.38.

Trading above fair value

The share price of $24.58 is above our fair value estimate of $23.38.

Margin of safety under 20%

The price is 5.1% above fair value, so there is no margin of safety.

Revenue growing under 10% a year

Revenue grew 3.3% 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 slower than the industry

Revenue grew 10.2% over the last twelve months; the Construction, Mining, and Materials Handling median is 10.4%.

Guidance lowered

Manitowoc lowered its Full-Year 2026 Provision for income tax expense outlook on Nov 3, 2026.

Gross margin improving

Gross margin was 19.1% over the last twelve months, against 17.9% a year earlier.

Return on equity under 15%

Return on equity was 3.8% over the last twelve months and averaged -0.4% over five years; we look for 15% on both.

Return on capital under 10%

Return on invested capital was 4.6%, below the 10% that usually covers the cost of capital.

Return on equity below the industry

Manitowoc's return on equity of 3.8% 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 above its 5-year average

Net margin was 1.1% over the last twelve months, against a 5-year average of -0.2%.

Net margin below the industry

Manitowoc's net margin of 1.1% is below the Construction, Mining, and Materials Handling median of 2.6%.

High debt

Debt is 67.1% of shareholders' equity, above the 40% we consider low.

Debt rising against equity

Debt to equity rose from 48.3% five years ago to 67.1%.

Debt not well covered by cash flow

Operating cash flow over the last twelve months equals 19.5% 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 2.11 times current liabilities.

Bankruptcy risk in the grey zone

The Altman Z-score is 2.38; above 3 is the safe zone and below 1.8 the distress zone.

No dividend

Manitowoc has not paid a dividend in the last twelve months.

Yield against Treasuries

No dividend.

Yield against the market

No dividend.

Dividend stability

No dividend.

Earnings cover

No dividend.

Cash-flow cover

No dividend.