CNH Stock Analysis: CNH Industrial | NYSE
Farm & Heavy Construction Machinery | NYSE, USA | Market Cap: 21.662m USD | 12M Return: 14.7% | NL0010545661 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 208M
EPS Trend: -97.1%
Qual. Beats: 0
Rev. Trend: -93.7%
Qual. Beats: 0
Warnings
Tailwinds
No distinct edge detected
Seasonality 11.7 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
CNH Industrial N.V. (NYSE: CNH) is a global equipment manufacturer that develops, produces, and sells agricultural and construction machinery across North America, Europe, the Middle East, Africa, South America, and Asia Pacific. The company operates through three segments: Agriculture, Construction, and Financial Services, and is headquartered in Basildon, United Kingdom, with roots dating back to 1842.
The Agriculture segment offers tractors, harvesters, hay and forage equipment, seeding and planting equipment, self-propelled sprayers, and precision agriculture solutions under the Case IH, New Holland, STEYR, and Raven brands. The Construction segment supplies excavators, crawler dozers, graders, wheel loaders, backhoe loaders, skid steer loaders, and compact track loaders under the New Holland Construction, Case Construction, and Eurocomach brands.
The Financial Services segment, operating under the Banco CNH brand, provides retail financing to end customers for new and used equipment, revolving charge account financing, wholesale financing to CNH dealers and distributors, and trade receivables factoring. Captive finance arms like this are a standard feature of heavy equipment manufacturers, helping to support equipment sales and generate recurring revenue tied to dealer and customer financing activity.
CNH Industrial is classified within the Industrials sector (GICS Sub-Industry: Agricultural & Farm Machinery), a capital goods industry whose demand is closely linked to global farm income, commodity prices, and infrastructure spending.
- Crop prices weaken North American tractor demand
- Infrastructure bill fuels construction equipment backlog
- Raven precision ag drives higher ag margins
| Net Income: 311.0m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.03 > 0.02 and ΔFCF/TA -2.06 > 1.0 |
| NWC/Revenue: 147.0% < 20% (prev 155.4%; Δ -8.44% < -1%) |
| CFO/TA 0.04 > 3% & CFO 1.78b > Net Income 311.0m |
| Net Debt (24.2b) to EBITDA (2.58b): 9.40 < 3 |
| Current Ratio: 7.16 > 1.5 & < 3 |
| Outstanding Shares: last quarter (1.24b) vs 12m ago -0.88% < -2% |
| Gross Margin: 30.61% > 18% (prev 32.46%; Δ -1.85% > 0.5%) |
| Asset Turnover: 42.36% > 50% (prev 41.36%; Δ 1.00% > 0%) |
| Interest Coverage Ratio: 1.27 > 6 (EBIT TTM 1.92b / Interest Expense TTM 1.52b) |
| A: 0.63 (Total Current Assets 31.1b - Total Current Liabilities 4.34b) / Total Assets 42.2b |
| B: 0.25 (Retained Earnings 10.5b / Total Assets 42.2b) |
| C: 0.04 (EBIT TTM 1.92b / Avg Total Assets 42.9b) |
| D: 0.23 (Book Value of Equity 7.76b / Total Liabilities 34.4b) |
| Altman-Z'' = 5.51 = AAA |
| DSRI: 0.96 (Receivables 23.0b/23.9b, Revenue 18.2b/18.1b) |
| GMI: 1.06 (GM 32.46% / 30.61%) |
| AQI: 0.97 (AQ_t 0.17 / AQ_t-1 0.18) |
| SGI: 1.01 (Revenue 18.2b / 18.1b) |
| TATA: -0.03 (NI 311.0m - CFO 1.78b) / TA 42.2b) |
| Beneish M = -3.02 (Cap -4..+1) = AA |
As of October 09, 2026, the stock is trading at USD 12.13 with a total of 18,077,927 shares traded. Over the past week, the price has changed by -5.60%, over one month by -10.81%, over three months by +18.11% and over the past year by +14.67%.
Current recommended Stop Loss: 11.40 (which is 6% or 1.4 ATR below the current price).
CNH Industrial has received a consensus analysts rating of 4.05. Therefore, it is recommended to buy CNH.
- StrongBuy: 9
- Buy: 3
- Hold: 6
- Sell: 1
- StrongSell: 0
| Analysts Target Price | 13.9 | 14.9% |
P/E Trailing = 53.88
P/E Forward = 15.528
P/S = 1.1912
P/B = 2.851
P/EG = 0.3753
Revenue TTM = 18.2b USD
EBIT TTM = 1.92b USD
EBITDA TTM = 2.58b USD
Long Term Debt = 26.0b USD (from longTermDebt, last quarter)
Short Term Debt = 10.0b USD (from shortTermDebt, last fiscal year)
Debt = 26.5b USD (from shortLongTermDebtTotal, last quarter) + Leases 289.0m
Net Debt = 24.2b USD (calculated: Debt 26.5b - CCE 2.32b)
Enterprise Value = 45.9b USD (21.7b + Debt 26.5b - CCE 2.32b)
Interest Coverage Ratio = 1.27 (Ebit TTM 1.92b / Interest Expense TTM 1.52b)
EV/FCF = 38.49x (Enterprise Value 45.9b / FCF TTM 1.19b)
FCF Yield = 2.60% (FCF TTM 1.19b / Enterprise Value 45.9b)
FCF Margin = 6.55% (FCF TTM 1.19b / Revenue TTM 18.2b)
Net Margin = 1.71% (Net Income TTM 311.0m / Revenue TTM 18.2b)
Gross Margin = 30.61% ((Revenue TTM 18.2b - Cost of Revenue TTM 12.6b) / Revenue TTM)
Gross Margin QoQ = 29.29% (prev 31.91%)
Tobins Q-Ratio = 1.09 (Enterprise Value 45.9b / Total Assets 42.2b)
Interest Expense / Debt = 5.73% (Interest Expense 1.52b / Debt 26.5b)
Taxrate = 5.46% (22.0m / 403.0m)
NOPAT = 1.82b (EBIT 1.92b * (1 - 5.46%))
Current Ratio = 7.16 (Total Current Assets 31.1b / Total Current Liabilities 4.34b)
Debt / Equity = 3.42 (Debt 26.5b / totalStockholderEquity, last quarter 7.76b)
Debt / EBITDA = 9.40 (Net Debt 24.2b / EBITDA 2.58b)
Debt / FCF = 20.32 (Net Debt 24.2b / FCF TTM 1.19b)
Total Stockholder Equity = 7.75b (last 4 quarters mean from totalStockholderEquity)
RoA = 0.72% (Net Income 311.0m / Total Assets 42.2b)
RoE = 4.01% (Net Income TTM 311.0m / Total Stockholder Equity 7.75b)
RoCE = 5.70% (EBIT 1.92b / Capital Employed (Equity 7.75b + L.T.Debt 26.0b))
RoIC = 3.87% (NOPAT 1.82b / Invested Capital 46.9b)
WACC = 6.98% (E(21.7b)/V(48.2b) * Re(8.90%) + D(26.5b)/V(48.2b) * Rd(5.73%) * (1-Tc(0.05)))
Discount Rate = 8.90% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -88.74 | Cagr: -1.12%
[DCF] Terminal Value 73.10% ; FCFF base≈1.57b ; Y1≈1.38b ; Y5≈1.11b
[DCF] Fair Price = N/A (negative equity: EV 17.8b - Net Debt 24.2b = -6.38b; debt exceeds intrinsic value)
EPS Correlation: -97.14 | EPS CAGR: -45.50% | SUE: 0.40 | # QB: 0
Revenue Correlation: -93.71 | Revenue CAGR: -13.24% | SUE: 0.57 | # QB: 0
EPS current Quarter (2026-09-30): EPS=0.10 | Chg30d=-0.61% | Revisions=-31% | Analysts=15
EPS current Year (2026-12-31): EPS=0.45 | Chg30d=-0.04% | Revisions=+50% | GrowthEPS=-17.9% | GrowthRev=+0.9%
EPS next Year (2027-12-31): EPS=0.69 | Chg30d=-0.16% | Revisions=-38% | GrowthEPS=+51.7% | GrowthRev=+4.3%
[Analyst] Revisions Ratio: -21% (up=8, down=13)