HY Stock Analysis: Hyster-Yale Materials | NYSE
Farm & Heavy Construction Machinery | NYSE, USA | Market Cap: 598m USD | 12M Return: -9% | US4491721050 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 3.88M
Qual. Beats: 0
Rev. Trend: -79.0%
Qual. Beats: 0
Warnings
Tailwinds
No distinct edge detected
Seasonality 10.5 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.
Hyster-Yale, Inc. is a global provider of lift trucks, attachments, parts, fleet management services, and technology and energy solutions. The company manufactures key components such as frames, masts, and transmissions, and assembles its own lift trucks. It operates a multi-brand strategy, marketing products under the Hyster, Yale, and Nuvera names and selling through an independent retail dealership network. Additional offerings include lift truck attachments under the Bolzoni, Auramo, and Meyer brands, parts under the UNISOURCE brand, and specialized equipment for port and rough terrain applications.
Headquartered in Cleveland, Ohio, and incorporated in 1991, the company trades on the NYSE under the ticker HY. It is classified within the Industrials sector, specifically the Industrial Machinery & Supplies & Components sub-industry. Hyster-Yales business model combines in-house component manufacturing with branded distribution, serving a wide range of end markets from light-duty warehousing to heavy port operations and rough terrain material handling.
- EMEA lift truck orders decline on weak industrial demand
- Operating margins compress from pricing and cost inflation
- Nuvera hydrogen investment pressures near-term profitability
| Net Income: -116.7m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.01 > 0.02 and ΔFCF/TA -3.61 > 1.0 |
| NWC/Revenue: 7.90% < 20% (prev 10.49%; Δ -2.60% < -1%) |
| CFO/TA 0.04 > 3% & CFO 77.4m > Net Income -116.7m |
| Net Debt/EBITDA: error (EBITDA <= 0) |
| Current Ratio: 1.28 > 1.5 & < 3 |
| Outstanding Shares: last quarter (17.9m) vs 12m ago 1.17% < -2% |
| Gross Margin: 15.40% > 18% (prev 18.89%; Δ -3.49% > 0.5%) |
| Asset Turnover: 175.4% > 50% (prev 190.4%; Δ -15.01% > 0%) |
| Interest Coverage Ratio: -2.04 > 6 (EBIT TTM -72.3m / Interest Expense TTM 35.5m) |
| A: 0.14 (Total Current Assets 1.28b - Total Current Liabilities 999.6m) / Total Assets 1.93b |
| B: 0.11 (Retained Earnings 214.0m / Total Assets 1.93b) |
| C: -0.04 (EBIT TTM -72.3m / Avg Total Assets 2.00b) |
| D: 0.26 (Book Value of Equity 390.0m / Total Liabilities 1.52b) |
| Altman-Z'' = 1.33 = BB |
| DSRI: 1.07 (Receivables 484.8m/512.1m, Revenue 3.51b/3.95b) |
| GMI: 1.23 (GM 18.89% / 15.40%) |
| AQI: 1.16 (AQ_t 0.17 / AQ_t-1 0.15) |
| SGI: 0.89 (Revenue 3.51b / 3.95b) |
| TATA: -0.10 (NI -116.7m - CFO 77.4m) / TA 1.93b) |
| Beneish M = -2.76 (Cap -4..+1) = A |
As of August 25, 2026, the stock is trading at USD 34.27 with a total of 80,061 shares traded. Over the past week, the price has changed by -1.24%, over one month by +3.53%, over three months by -1.60% and over the past year by -9.04%.
Current recommended Stop Loss: 30.30 (which is 11.6% or 2.4 ATR below the current price).
Hyster-Yale Materials has received a consensus analysts rating of 3.50. Therefore, it is recommended to hold HY.
- StrongBuy: 0
- Buy: 1
- Hold: 1
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 50 | 45.9% |
P/E Forward = 13.8313
P/S = 0.1702
P/B = 1.5953
P/EG = 1.61
Revenue TTM = 3.51b USD
EBIT TTM = -72.3m USD
EBITDA TTM = -15.2m USD
Long Term Debt = 259.2m USD (from longTermDebt, last quarter)
Short Term Debt = 240.8m USD (from shortTermDebt, last quarter)
Debt = 668.8m USD (from shortLongTermDebtTotal, last quarter) + Leases 168.8m
Net Debt = 596.2m USD (calculated: Debt 668.8m - CCE 72.6m)
Enterprise Value = 1.19b USD (597.6m + Debt 668.8m - CCE 72.6m)
Interest Coverage Ratio = -2.04 (Ebit TTM -72.3m / Interest Expense TTM 35.5m)
EV/FCF = 80.66x (Enterprise Value 1.19b / FCF TTM 14.8m)
FCF Yield = 1.24% (FCF TTM 14.8m / Enterprise Value 1.19b)
FCF Margin = 0.42% (FCF TTM 14.8m / Revenue TTM 3.51b)
Net Margin = -3.32% (Net Income TTM -116.7m / Revenue TTM 3.51b)
Gross Margin = 15.40% ((Revenue TTM 3.51b - Cost of Revenue TTM 2.97b) / Revenue TTM)
Gross Margin QoQ = 15.70% (prev 15.69%)
Tobins Q-Ratio = 0.62 (Enterprise Value 1.19b / Total Assets 1.93b)
Interest Expense / Debt = 5.31% (Interest Expense 35.5m / Debt 668.8m)
Taxrate = 21.0% (US federal default 21%)
NOPAT = -57.1m (EBIT -72.3m * (1 - 21.00%)) [loss with tax shield]
Current Ratio = 1.28 (Total Current Assets 1.28b / Total Current Liabilities 999.6m)
Debt / Equity = 1.71 (Debt 668.8m / totalStockholderEquity, last quarter 390.0m)
Debt / EBITDA = -39.22 (negative EBITDA) (Net Debt 596.2m / EBITDA -15.2m)
Debt / FCF = 40.28 (Net Debt 596.2m / FCF TTM 14.8m)
Total Stockholder Equity = 457.0m (last 4 quarters mean from totalStockholderEquity)
RoA = -5.83% (Net Income -116.7m / Total Assets 1.93b)
RoE = -25.53% (Net Income TTM -116.7m / Total Stockholder Equity 457.0m)
RoCE = -10.09% (EBIT -72.3m / Capital Employed (Equity 457.0m + L.T.Debt 259.2m))
RoIC = -5.21% (negative operating profit) (NOPAT -57.1m / Invested Capital 1.10b)
WACC = 7.83% (E(597.6m)/V(1.27b) * Re(11.90%) + D(668.8m)/V(1.27b) * Rd(5.31%) * (1-Tc(0.21)))
Discount Rate = 11.90% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 79.03 | Cagr: 0.80%
[DCF] Terminal Value 73.10% ; FCFF base≈45.2m ; Y1≈39.6m ; Y5≈32.0m
[DCF] Fair Price = N/A (negative equity: EV 514.0m - Net Debt 596.2m = -82.2m; debt exceeds intrinsic value)
EPS Correlation: N/A | EPS CAGR: N/A | SUE: 0.49 | # QB: 0
Revenue Correlation: -79.05 | Revenue CAGR: -5.60% | SUE: 0.15 | # QB: 0
EPS current Quarter (2026-09-30): EPS=-0.40 | Chg30d=-463.64% | Revisions=+0% | Analysts=2
EPS current Year (2026-12-31): EPS=-3.19 | Chg30d=-16.21% | Revisions=-25% | GrowthEPS=-78.2% | GrowthRev=-7.4%
EPS next Year (2027-12-31): EPS=2.06 | Chg30d=-0.48% | Revisions=+0% | GrowthEPS=+164.6% | GrowthRev=+7.8%
[Analyst] Revisions Ratio: -25% (up=0, down=1)