(MTU) Manitou BF S.A. - Ratings and Ratios

Exchange: PA • Country: France • Currency: EUR • Type: Common Stock • ISIN: FR0000038606

Telehandlers, Forklifts, Loaders, Aerial Lifts, Attachments

Description: MTU Manitou BF S.A.

Manitou BF SA is a global player in the development, manufacture, and distribution of equipment and services, operating across multiple regions including Europe, the Americas, Asia, Africa, and the Middle East. The companys diverse product portfolio includes material handling, access, and earthmoving equipment, such as telehandlers, forklift trucks, skid-steer loaders, and aerial work platforms, as well as a range of attachments and value-added services.

The companys product range is designed to cater to various industries, including agriculture, construction, industry, aeronautics, defense, environment, mining, and quarries, as well as renters and oil and gas markets. Manitou BF SAs products are sold through a network of dealers under the Manitou, Gehl, and Mustang by Manitou brands, providing a comprehensive solution to customers worldwide.

With a history dating back to 1954, Manitou BF SA has established itself as a leading manufacturer of equipment for various industries. The companys commitment to providing value-added services, including training, after-sales support, fleet management, and financing solutions, has enabled it to build strong relationships with its customers and maintain a competitive edge in the market.

From a technical analysis perspective, the stocks current price of 18.84 is below its 20-day and 50-day simple moving averages (SMA) of 20.14 and 19.33, respectively, indicating a potential short-term downtrend. However, the stocks 200-day SMA is 17.83, suggesting a longer-term uptrend. The average true range (ATR) is 0.59, representing a 3.14% daily price movement. Given the current technical setup, a potential trading range for the stock could be between 17.50 and 20.50.

Fundamentally, Manitou BF SAs market capitalization is approximately 731.58 million EUR, with a price-to-earnings (P/E) ratio of 5.92 and a forward P/E of 4.58. The companys return on equity (RoE) is 29.29%, indicating a strong profitability. Based on the fundamental data, the stock appears to be undervalued, with a potential for long-term growth.

Forecasting the stocks future performance, we can expect a potential rebound in the short term, driven by the companys strong fundamental metrics and a favorable industry outlook. Using the technical and fundamental data, a potential price target for the stock could be around 22-25, representing a 15-20% upside from the current price. However, this forecast is subject to various market and economic risks, and investors should conduct their own research and analysis before making any investment decisions.

MTU Stock Overview

Market Cap in USD 906m
Sub-Industry Construction Machinery & Heavy Transportation Equipment
IPO / Inception

MTU Stock Ratings

Growth Rating 31.3%
Fundamental 81.6%
Dividend Rating 70.7%
Return 12m vs S&P 500 -7.61%
Analyst Rating -

MTU Dividends

Dividend Yield 12m 6.73%
Yield on Cost 5y 9.57%
Annual Growth 5y 21.98%
Payout Consistency 75.8%
Payout Ratio 66.1%

MTU Growth Ratios

Growth Correlation 3m -12.4%
Growth Correlation 12m 70.3%
Growth Correlation 5y -16.5%
CAGR 5y 7.45%
CAGR/Max DD 5y 0.15
Sharpe Ratio 12m 0.59
Alpha -6.94
Beta 1.228
Volatility 37.88%
Current Volume 17.3k
Average Volume 20d 10.2k
Stop Loss 18.2 (-3.3%)
Signal -1.12

Piotroski VR‑10 (Strict, 0-10) 6.5

Net Income (265.3m TTM) > 0 and > 6% of Revenue (6% = 331.6m TTM)
FCFTA 0.07 (>2.0%) and ΔFCFTA 15.48pp (YES ≥ +1.0pp, WARN ≥ +0.5pp)
NWC/Revenue 11.28% (prev 25.20%; Δ -13.92pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp)
CFO/TA 0.09 (>3.0%) and CFO 197.4m <= Net Income 265.3m (YES >=105%, WARN >=100%)
Net Debt (391.0m) to EBITDA (611.1m) ratio: 0.64 <= 3.0 (WARN <= 3.5)
Current Ratio 1.70 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active)
Outstanding Shares last Quarter (38.3m) change vs 12m ago -0.01% (target <= -2.0% for YES)
Gross Margin 17.87% (prev 13.23%; Δ 4.65pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0)
Asset Turnover 286.5% (prev 133.9%; Δ 152.6pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0)
Interest Coverage Ratio 4.09 (EBITDA TTM 611.1m / Interest Expense TTM 121.5m) >= 6 (WARN >= 3)

Altman Z'' 3.81

(A) 0.30 = (Total Current Assets 1.51b - Total Current Liabilities 884.5m) / Total Assets 2.09b
(B) 0.03 = Retained Earnings (Balance) 54.7m / Total Assets 2.09b
(C) 0.26 = EBIT TTM 497.2m / Avg Total Assets 1.93b
(D) 0.04 = Book Value of Equity 39.7m / Total Liabilities 1.12b
Total Rating: 3.81 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D)

ValueRay F-Score (Strict, 0-100) 81.64

1. Piotroski 6.50pt = 1.50
2. FCF Yield 12.04% = 5.0
3. FCF Margin 2.48% = 0.62
4. Debt/Equity 0.41 = 2.42
5. Debt/Ebitda 0.66 = 2.17
6. ROIC - WACC 21.45% = 12.50
7. RoE 29.29% = 2.44
8. Rev. Trend 85.26% = 4.26
9. Rev. CAGR 0.0% = 0.0
10. EPS Trend 29.21% = 0.73
11. EPS CAGR 0.0% = 0.0

What is the price of MTU shares?

As of August 30, 2025, the stock is trading at EUR 18.82 with a total of 17,331 shares traded.
Over the past week, the price has changed by -8.20%, over one month by -9.52%, over three months by -8.08% and over the past year by +8.07%.

Is Manitou BF S.A. a good stock to buy?

Yes, based on ValueRay´s Fundamental Analyses, Manitou BF S.A. (PA:MTU) is currently (August 2025) a good stock to buy. It has a ValueRay Fundamental Rating of 81.64 and therefor a positive outlook according to the companies health.
Based on momentum, paid dividends and discounted-cash-flow analyses, the fair value of MTU is around 18.03 EUR . This means that MTU is currently overvalued and has a potential downside of -4.2%.

Is MTU a buy, sell or hold?

Manitou BF S.A. has no consensus analysts rating.

What are the forecasts/targets for the MTU price?

Issuer Target Up/Down from current
Wallstreet Target Price 25.9 37.8%
Analysts Target Price - -
ValueRay Target Price 20.4 8.2%

MTU Fundamental Data Overview

Market Cap USD = 906.1m (777.9m EUR * 1.1648 EUR.USD)
Market Cap EUR = 777.9m (777.9m EUR * 1.0 EUR.EUR)
CCE Cash And Equivalents = 42.6m EUR (Cash And Short Term Investments, last quarter)
P/E Trailing = 10.1693
P/E Forward = 4.5788
P/S = 0.3082
P/B = 0.7815
Beta = 1.414
Revenue TTM = 5.53b EUR
EBIT TTM = 497.2m EUR
EBITDA TTM = 611.1m EUR
Long Term Debt = 143.2m EUR (from longTermDebt, last quarter)
Short Term Debt = 260.2m EUR (from shortLongTermDebt, last quarter)
Debt = 403.4m EUR (Calculated: Short Term 260.2m + Long Term 143.2m)
Net Debt = 391.0m EUR (from netDebt column, last quarter)
Enterprise Value = 1.14b EUR (777.9m + Debt 403.4m - CCE 42.6m)
Interest Coverage Ratio = 4.09 (Ebit TTM 497.2m / Interest Expense TTM 121.5m)
FCF Yield = 12.04% (FCF TTM 137.1m / Enterprise Value 1.14b)
FCF Margin = 2.48% (FCF TTM 137.1m / Revenue TTM 5.53b)
Net Margin = 4.80% (Net Income TTM 265.3m / Revenue TTM 5.53b)
Gross Margin = 17.87% ((Revenue TTM 5.53b - Cost of Revenue TTM 4.54b) / Revenue TTM)
Tobins Q-Ratio = 28.70 (Enterprise Value 1.14b / Book Value Of Equity 39.7m)
Interest Expense / Debt = 12.47% (Interest Expense 50.3m / Debt 403.4m)
Taxrate = 29.42% (from yearly Income Tax Expense: 50.8m / 172.7m)
NOPAT = 351.0m (EBIT 497.2m * (1 - 29.42%))
Current Ratio = 1.70 (Total Current Assets 1.51b / Total Current Liabilities 884.5m)
Debt / Equity = 0.41 (Debt 403.4m / last Quarter total Stockholder Equity 975.6m)
Debt / EBITDA = 0.66 (Net Debt 391.0m / EBITDA 611.1m)
Debt / FCF = 2.94 (Debt 403.4m / FCF TTM 137.1m)
Total Stockholder Equity = 905.7m (last 4 quarters mean)
RoA = 12.66% (Net Income 265.3m, Total Assets 2.09b )
RoE = 29.29% (Net Income TTM 265.3m / Total Stockholder Equity 905.7m)
RoCE = 47.40% (Ebit 497.2m / (Equity 905.7m + L.T.Debt 143.2m))
RoIC = 31.39% (NOPAT 351.0m / Invested Capital 1.12b)
WACC = 9.95% (E(777.9m)/V(1.18b) * Re(10.54%)) + (D(403.4m)/V(1.18b) * Rd(12.47%) * (1-Tc(0.29)))
Shares Correlation 5-Years: -90.0 | Cagr: -0.00%
Discount Rate = 10.54% (= CAPM, Blume Beta Adj.)
[DCF Debug] Terminal Value 60.10% ; FCFE base≈137.1m ; Y1≈90.0m ; Y5≈41.2m
Fair Price DCF = 14.81 (DCF Value 566.8m / Shares Outstanding 38.3m; 5y FCF grow -40.0% → 3.0% )
Revenue Correlation: 85.26 | Revenue CAGR: 0.0%
Rev Growth-of-Growth: -16.96
EPS Correlation: 29.21 | EPS CAGR: 0.0%
EPS Growth-of-Growth: -82.67

Additional Sources for MTU Stock

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