Columbus Mckinnon (CMCO) AI Stock Analysis

• Market Cap: $416.55M
• Dividend Yield: 1.93%
• Average Volume (3M): 493.92K
• Price to Earnings (P/E): 56.0
• Beta (1Y): 1.22
• Revenue Growth: -2.02%
• EPS Growth: -80.76%
• Country: US
• Employees: 3,515
• Sector: Industrials
• Sector Strength: 83
• Industry: Agricultural - Machinery
• EPS (TTM): 0.60
• Shares Outstanding: 28,668,207
• 10 Day Avg. Volume: 390,334
• 30 Day Avg. Volume: 493,920
• PEG Ratio: 0.37
• Price to Book (P/B): 1.27
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 14.97
• Enterprise Value/Market Cap: 3.49
• Enterprise Value/Revenue: 0.36
• Enterprise Value/Gross Profit: 4.47
• Enterprise Value/Ebitda: 2.69
• 1Y Price Target: $15.00
• Price Target Upside: 3.23% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 1

• Rating: 61 Neutral
• Price Target: ―

Columbus McKinnon shows potential through revenue growth and strategic acquisitions, yet faces challenges in profitability and cash flow. Technical analysis indicates weak market sentiment, and the high P/E ratio suggests valuation concerns. The acquisition of Kito Crosby offers long-term promise, but near-term pressures persist.

Columbus Mckinnon Business Overview & Revenue Model

Company Description

Columbus McKinnon Corporation designs, manufactures, and markets intelligent motion solutions to ergonomically move, lift, position, and secure materials worldwide. The company offers electric, air-powered, lever, and hand hoists; hoist trolleys, explosion-protected and custom engineered hoists, and winches; crane systems, such as crane components and kits, enclosed track rail systems, mobile and jib cranes, and fall protection systems, as well as material handling solutions; rigging equipment comprising below-the-hook lifting devices, shackles, chains and chains accessories, forestry and hand tools, lifting slings, lashing systems, and tie-downs and load binders; rotary unions and swivel joints; and mechanical and electromechanical actuators. It also provides power and motion technology products, including AC motor controls and line regenerative systems, automation and diagnostics, brakes, cable and festoon systems, collision avoidance systems, conductor bar systems, DC motor and magnet control systems, elevator drives, inverter duty motors, mining drives, pendant pushbutton stations, radio controls, and wind inverters; power delivery subsystems; overhead aluminum light rail workstations; and low profile, flexible chain, large scale, sanitary, and vertical elevation conveyor systems, as well as pallet system conveyors and accumulation systems. The company serves market verticals, including general industries, transportation, energy and utilities, process industries, industrial automation, construction and infrastructure, food and beverage, entertainment, life sciences, consumer packaged goods, and e-commerce/supply chain/warehousing. It offers its products to end users directly, as well as through distributors, independent crane builders, material handling specialists and integrators, government agencies, original equipment manufacturers, and engineering procurement and construction firms. The company was founded in 1875 and is headquartered in Buffalo, New York.

How the Company Makes Money

Columbus McKinnon generates revenue primarily through the sale of its material handling products and systems. The company's key revenue streams include the distribution of hoists, cranes, actuators, and rigging tools, which are sold directly to end-users and through a network of distributors and industrial dealers. Additionally, Columbus McKinnon offers aftermarket services such as maintenance, repair, and parts replacement, which contribute to its recurring revenue. Significant partnerships with industrial and construction companies enhance its market reach and sales potential. The company's earnings are also influenced by its strategic focus on innovation, operational efficiency, and expanding its product portfolio to meet evolving customer needs in various sectors.

Columbus Mckinnon Financial Statement Overview

Summary

Columbus McKinnon shows consistent revenue growth and operational efficiency. However, challenges in converting revenue into net profit affect overall profitability metrics. The balance sheet reflects a robust equity position, but increasing leverage requires management. Cash flow constraints highlight a need for improved cash generation.

Income Statement

Columbus Mckinnon has shown strong revenue growth with a notable increase from $809.2M in 2020 to $1,013.5M in 2024. The company has maintained solid gross profit margins, with a peak of 34.3% in 2023. However, net profit margin has shown fluctuations, decreasing to 0.95% in the latest TTM, which suggests some challenges in converting revenue to profit. EBITDA margin remains healthy, indicating operational efficiency.

Balance Sheet

The balance sheet reflects a stable equity position, with stockholders' equity growing from $463.6M in 2020 to $871.6M in TTM 2024. The debt-to-equity ratio has increased, reaching 0.56 in TTM, suggesting a higher leverage risk. However, the equity ratio remains strong at over 50%, indicating a solid financial foundation. Return on equity has seen a decline, mirroring the drop in net income.

Cash Flow

Operating cash flow has seen a decrease from $106.8M in 2020 to $48.6M in TTM 2024, reflecting pressure on cash generation capabilities. The free cash flow has contracted as well, with fluctuating growth rates. Despite these challenges, the company maintains a positive free cash flow, supporting ongoing capital needs.

Breakdown
TTM	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020
Income Statement		Total Revenue
981.64M	1.01B	936.24M	906.55M	649.64M	809.16M
	Gross Profit
325.30M	374.84M	342.10M	315.73M	220.22M	283.19M
	EBIT
75.22M	107.15M	97.84M	73.78M	21.41M	89.82M
	EBITDA
102.87M	145.43M	146.72M	105.57M	56.29M	128.68M
	Net Income Common Stockholders
9.36M	46.63M	48.43M	29.66M	9.11M	59.67M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
41.22M	114.13M	133.18M	115.39M	202.13M	114.45M
	Total Assets
1.71B	1.83B	1.70B	1.69B	1.15B	1.09B
	Total Debt
485.80M	599.63M	526.08M	511.23M	248.95M	251.31M
	Net Debt
444.57M	485.50M	392.91M	395.84M	46.83M	136.86M
	Total Liabilities
839.32M	943.88M	864.66M	912.90M	620.28M	629.69M
	Stockholders Equity
871.58M	882.06M	833.80M	772.80M	530.15M	463.58M
Cash Flow		Free Cash Flow
24.86M	42.38M	71.00M	35.78M	86.59M	97.36M
	Operating Cash Flow
48.61M	67.20M	83.64M	48.88M	98.89M	106.80M
	Investing Cash Flow
-21.62M	-133.36M	-13.93M	-554.31M	-5.55M	-9.96M
	Financing Cash Flow
-89.07M	48.20M	-49.99M	420.70M	-10.19M	-51.55M

Columbus Mckinnon Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 14.53
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For CMCO, the sentiment is Negative. The current price of 14.53 is below the 20-day moving average (MA) of 15.55, below the 50-day MA of 15.32, and below the 200-day MA of 26.97, indicating a bearish trend. The MACD of -0.27 indicates Positive momentum. The RSI at 41.42 is Neutral, neither overbought nor oversold. The STOCH value of 11.67 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for CMCO.

Columbus Mckinnon Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
HY	74 Outperform	$695.98M	7.00	21.56%	3.74%	-0.32%	-35.10%
MTW	73 Outperform	$400.51M	8.97	7.21%	―	-2.75%	65.38%
ASTE	68 Neutral	$897.76M	59.69	2.33%	1.32%	1.99%	-39.02%
SHYF	68 Neutral	$426.07M	943.41	0.18%	1.64%	-4.08%	―
TWI	66 Neutral	$575.25M	―	-2.65%	―	5.64%	-124.05%
Sector *	66 Neutral	$4.46B	12.11	5.38%	5.02%	4.17%	-11.82%
CMCO	61 Neutral	$416.55M	55.98	-0.58%	1.93%	-2.02%	-80.76%

Columbus Mckinnon Corporate Events

Columbus McKinnon to Present at J.P. Morgan Conference

Columbus McKinnon Corporation announced its participation in the J.P. Morgan 2025 Industrials Conference on March 11, 2025, where it will present its strategic outlook and growth prospects. The company is in the process of acquiring Kito Crosby, a move expected to enhance its market position despite potential integration challenges and regulatory hurdles. This acquisition is part of Columbus McKinnon’s ongoing strategy to expand its capabilities and capitalize on industry trends, although it faces risks related to cost synergies, business integration, and market conditions.

Columbus McKinnon to Acquire Kito Crosby for $2.7B

Columbus McKinnon announced an agreement to acquire Kito Crosby Limited in a $2.7 billion transaction, enhancing its scale and strategic positioning in the intelligent motion solutions market. The acquisition is expected to create significant synergies, including $70 million in annual cost savings and a substantial boost in revenue and EBITDA, while also supporting long-term growth and operational excellence. The deal is backed by committed debt financing and a preferred equity investment from CD&R, and is expected to close within the year, pending regulatory approvals.

Columbus McKinnon Reports Q3 FY2025 Sales Decline

Columbus McKinnon reported its third-quarter fiscal year 2025 results, showing a 7.9% decline in net sales compared to the prior year, largely due to a decrease in short-cycle orders and the impact of unfavorable foreign exchange rates. Despite ongoing challenges, including U.S. policy uncertainty and weakening European economies, the company continues to focus on cost reduction and operational improvements, such as its footprint simplification initiatives, to align capacity with demand and support its long-term strategic plans.

Columbus McKinnon Announces Senior VP Retirement

Columbus McKinnon Corporation announced the retirement of Bert A. Brant, Senior Vice President, Global Operations, effective February 28, 2025. The retirement agreement ensures a smooth transition and outlines Mr. Brant’s continued employment until the retirement date, eligibility for incentive payouts, equity award vesting, and health coverage. It also includes non-disparagement, non-solicitation, and non-competition covenants.