(PCAR) PACCAR - Overview
Sector: Industrials | Industry: Farm & Heavy Construction Machinery | Exchange: NASDAQ (USA) | Market Cap: 58.060m USD | Total Return: 18.8% in 12m
Industry Rotation: -6.1
Avg Turnover: 306M
EPS Trend: -75.2%
Qual. Beats: 0
Rev. Trend: -81.0%
Qual. Beats: 0
Warnings
Below Avwap Earnings
Tailwinds
Confidence
PACCAR Inc is a global manufacturer of light, medium, and heavy-duty commercial trucks, operating primarily through its Kenworth, Peterbilt, and DAF brands. The company maintains an integrated business model consisting of vehicle manufacturing, aftermarket parts distribution, and a captive financial services division that provides leasing and retail credit to owner-operators and fleet customers.
The heavy-duty truck industry is highly cyclical and closely correlated with global freight volumes and industrial production levels. Unlike some competitors, PACCAR utilizes a network of independent dealers for distribution, which reduces direct capital requirements for retail infrastructure while maintaining broad market reach across North America, Europe, and South America.
For a detailed breakdown of the companys valuation metrics and historical performance, consider reviewing the latest data on ValueRay.
In addition to its core trucking operations, PACCAR manufactures proprietary diesel engines and industrial winches under the Braden, Carco, and Gearmatic nameplates. The company’s Parts segment serves as a high-margin stabilizer for the business, generating recurring revenue through the maintenance and repair cycles of its global installed vehicle base.
- Class 8 truck replacement cycles drive North American and European manufacturing volume
- High-margin aftermarket parts sales provide recurring revenue during cyclical freight downturns
- Stricter emissions standards accelerate research and development costs for zero-emission powertrains
- Interest rate fluctuations impact financing profitability and dealer inventory carrying costs
- Global freight demand volatility correlates directly with new truck order intake rates
| Net Income: 2.48b TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.08 > 0.02 and ΔFCF/TA 1.98 > 1.0 |
| NWC/Revenue: 83.50% < 20% (prev 66.09%; Δ 17.42% < -1%) |
| CFO/TA 0.10 > 3% & CFO 4.48b > Net Income 2.48b |
| Net Debt (9.30b) to EBITDA (3.38b): 2.75 < 3 |
| Current Ratio: 3.11 > 1.5 & < 3 |
| Outstanding Shares: last quarter (527.4m) vs 12m ago 0.09% < -2% |
| Gross Margin: 15.11% > 18% (prev 0.19%; Δ 1.49k% > 0.5%) |
| Asset Turnover: 63.14% > 50% (prev 75.74%; Δ -12.60% > 0%) |
| Interest Coverage Ratio: 28.21 > 6 (EBITDA TTM 3.38b / Interest Expense TTM 77.8m) |
| A: 0.52 (Total Current Assets 33.50b - Total Current Liabilities 10.76b) / Total Assets 43.55b |
| B: 0.44 (Retained Earnings 19.13b / Total Assets 43.55b) |
| C: 0.05 (EBIT TTM 2.19b / Avg Total Assets 43.14b) |
| D: 0.81 (Book Value of Equity 19.33b / Total Liabilities 23.80b) |
| Altman-Z'' = 6.05 = AAA |
| DSRI: 1.18 (Receivables 21.60b/21.82b, Revenue 27.24b/32.36b) |
| GMI: 1.26 (GM 15.11% / 19.03%) |
| AQI: 1.06 (AQ_t 0.08 / AQ_t-1 0.08) |
| SGI: 0.84 (Revenue 27.24b / 32.36b) |
| TATA: -0.05 (NI 2.48b - CFO 4.48b) / TA 43.55b) |
| Beneish M = -2.77 (Cap -4..+1) = A |
Over the past week, the price has changed by -2.90%, over one month by -13.08%, over three months by -12.99% and over the past year by +18.84%.
- StrongBuy: 5
- Buy: 2
- Hold: 12
- Sell: 1
- StrongSell: 1
| Analysts Target Price | 126.1 | 15.3% |
P/E Forward = 19.5695
P/S = 2.09
P/B = 3.045
P/EG = 1.169
Revenue TTM = 27.24b USD
EBIT TTM = 2.19b USD
EBITDA TTM = 3.38b USD
Long Term Debt = 10.19b USD (from longTermDebt, last quarter)
Short Term Debt = 4.76b USD (from shortTermDebt, last quarter)
Debt = 14.95b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 9.30b USD (from netDebt column, last quarter)
Enterprise Value = 64.15b USD (58.06b + Debt 14.95b - CCE 8.86b)
Interest Coverage Ratio = 28.21 (Ebit TTM 2.19b / Interest Expense TTM 77.8m)
EV/FCF = 19.62x (Enterprise Value 64.15b / FCF TTM 3.27b)
FCF Yield = 5.10% (FCF TTM 3.27b / Enterprise Value 64.15b)
FCF Margin = 12.00% (FCF TTM 3.27b / Revenue TTM 27.24b)
Net Margin = 9.09% (Net Income TTM 2.48b / Revenue TTM 27.24b)
Gross Margin = 15.11% ((Revenue TTM 27.24b - Cost of Revenue TTM 23.12b) / Revenue TTM)
Gross Margin QoQ = 13.12% (prev 13.83%)
Tobins Q-Ratio = 1.47 (Enterprise Value 64.15b / Total Assets 43.55b)
Interest Expense / Debt = 0.14% (Interest Expense 21.3m / Debt 14.95b)
Taxrate = 29.46% (171.0m / 580.4m)
NOPAT = 1.55b (EBIT 2.19b * (1 - 29.46%))
Current Ratio = 3.11 (Total Current Assets 33.50b / Total Current Liabilities 10.76b)
Debt / Equity = 0.76 (Debt 14.95b / totalStockholderEquity, last quarter 19.76b)
Debt / EBITDA = 2.75 (Net Debt 9.30b / EBITDA 3.38b)
Debt / FCF = 2.84 (Net Debt 9.30b / FCF TTM 3.27b)
Total Stockholder Equity = 19.33b (last 4 quarters mean from totalStockholderEquity)
RoA = 5.74% (Net Income 2.48b / Total Assets 43.55b)
RoE = 12.81% (Net Income TTM 2.48b / Total Stockholder Equity 19.33b)
RoCE = 7.43% (EBIT 2.19b / Capital Employed (Equity 19.33b + L.T.Debt 10.19b))
RoIC = 4.43% (NOPAT 1.55b / Invested Capital 34.93b)
WACC = 7.70% (E(58.06b)/V(73.01b) * Re(9.65%) + D(14.95b)/V(73.01b) * Rd(0.14%) * (1-Tc(0.29)))
Discount Rate = 9.65% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 79.57 | Cagr: 0.15%
[DCF] Terminal Value 81.90% ; FCFF base≈2.91b ; Y1≈3.40b ; Y5≈5.13b
[DCF] Fair Price = 162.6 (EV 94.85b - Net Debt 9.30b = Equity 85.55b / Shares 526.3m; r=7.70% [WACC]; 5y FCF grow 18.05% → 3.0% )
EPS Correlation: -75.19 | EPS CAGR: -18.40% | SUE: -0.30 | # QB: 0
Revenue Correlation: -81.04 | Revenue CAGR: -7.76% | SUE: -0.26 | # QB: 0
EPS current Quarter (2026-06-30): EPS=1.36 | Chg30d=+2.25% | Revisions=+50% | Analysts=10
EPS next Quarter (2026-09-30): EPS=1.52 | Chg30d=+2.68% | Revisions=+50% | Analysts=9
EPS current Year (2026-12-31): EPS=5.67 | Chg30d=+0.11% | Revisions=+14% | GrowthEPS=+25.8% | GrowthRev=+7.7%
EPS next Year (2027-12-31): EPS=6.72 | Chg30d=-0.66% | Revisions=+14% | GrowthEPS=+18.3% | GrowthRev=+8.3%
[Analyst] Revisions Ratio: +50%