Manitou BF (MTU) AI Stock Analysis

• Market Cap: €841.92M
• Dividend Yield: 5.71%
• Average Volume (3M): 17.03K
• Price to Earnings (P/E): 6.9
• Beta (1Y): 1.86
• Revenue Growth: -7.50%
• EPS Growth: -15.01%
• Country: FR
• Employees: 5,816
• Sector: Industrials
• Sector Strength: 91
• Industry: Industrial - Machinery
• EPS (TTM): 1.05
• Shares Outstanding: 39,668,400
• 10 Day Avg. Volume: 12,296
• 30 Day Avg. Volume: 17,034
• PEG Ratio: -0.28
• Price to Book (P/B): 0.86
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 6.16
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: €22.00
• Price Target Upside: 0.00%
• Rating Consensus: Hold
• Number of Analyst Covering: 1

• Rating: 79 Outperform
• Price Target: €25.00 ▲(13.64%Upside)

Manitou BF's strong valuation and bullish technical indicators are the most significant factors contributing to its high score. Financial performance indicates robust growth with some cash flow challenges. The absence of earnings call and corporate events data does not impact the overall score.

Manitou BF Business Overview & Revenue Model

Company Description

Manitou BF SA designs, develops, manufactures, and provides equipment and services for the construction, agriculture, and industry sectors worldwide. It operates in three segments: Material Handling and Access, Compact Equipment Products, and Services & Solutions. The company offers machines, such as construction, agricultural, rotating, and rough-terrain fixed telehandlers; articulated, compact, backhoe, and skid and track loaders; mobile elevated work platforms; warehousing equipment; forklift trucks; and truck mounted, rough-terrain, and semi-industrial and industrial forklifts. It also offers attachments comprising buckets, clamps, fork handling solutions, forks and grapples, jibs, aerial work platforms, skips, sweepers and cleaners, winches, and mining accessories. In addition, the company provides financing, extended warranty, maintenance agreement, spare parts, connected solutions, diagnostic toolbox pad, and training services. It serves the agriculture, construction, industry, aeronautics, defense, environment, renters, mining, and oil and gas sectors. The company offers its products through a network of dealers under the Manitou, Gehl, and Mustang by Manitou brands. Manitou BF SA was incorporated in 1954 and is headquartered in Ancenis, France.

How the Company Makes Money

Manitou BF generates revenue primarily through the sale of its comprehensive range of equipment designed for material handling, construction, and agricultural applications. The company operates through multiple key revenue streams including the sale of new equipment, parts and services, and rental solutions. Manitou BF also benefits from strategic partnerships and a strong distribution network, which includes dealerships and direct sales channels worldwide. Aftermarket services and maintenance contracts further contribute to the company's earnings, providing ongoing support and ensuring long-term customer relationships. Additionally, Manitou BF invests in research and development to innovate and expand its product offerings, maintaining its competitive edge in the industry.

Manitou BF Financial Statement Overview

Summary

Manitou BF shows strong revenue growth and solid profit margins. The balance sheet reflects stability with moderate leverage, and liquidity has improved. However, challenges in cash flow efficiency remain.

Income Statement

Manitou BF's income statement shows a strong gross profit margin of 18.2% and an improving net profit margin of 4.6% in 2023. The company demonstrated a noticeable revenue growth rate of 21.5% from 2022 to 2023, indicating robust sales growth. However, the EBIT margin of 7.4% suggests moderate operational efficiency. The EBITDA margin is solid at 9.4%, reflecting good earnings before interest, taxes, depreciation, and amortization.

Balance Sheet

The balance sheet reflects a stable financial position with a debt-to-equity ratio of 0.53 in 2023, indicating moderate leverage. The return on equity (ROE) of 16% suggests efficient use of equity to generate profits. The equity ratio of 41.3% demonstrates a solid proportion of equity financing, which provides stability.

Cash Flow

Manitou BF's cash flow analysis reveals challenges with free cash flow, which was negative in 2022 but turned positive at €137 million in 2023, signaling improved liquidity. The operating cash flow to net income ratio was 1.74, indicating strong cash generation relative to net income. However, the free cash flow to net income ratio was weaker at 0.95, suggesting some cash flow constraints.

Breakdown	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	2.66B	2.87B	2.36B	1.87B	1.59B
Gross Profit	500.11M	487.67M	303.03M	308.65M	239.40M
EBITDA	239.30M	270.14M	142.86M	175.70M	124.18M
Net Income	121.88M	143.39M	54.73M	86.76M	39.58M
Balance Sheet
Total Assets	2.09B	2.17B	1.76B	1.51B	1.27B
Cash, Cash Equivalents and Short-Term Investments	42.60M	58.38M	67.95M	196.82M	122.59M
Total Debt	433.55M	474.95M	302.36M	199.85M	179.38M
Total Liabilities	1.12B	1.27B	971.57M	754.28M	599.51M
Stockholders Equity	975.64M	894.75M	790.82M	750.24M	663.17M
Cash Flow
Free Cash Flow	137.06M	-157.66M	-198.00M	78.13M	171.47M
Operating Cash Flow	250.00M	-52.63M	-104.47M	129.99M	221.55M
Investing Cash Flow	-136.21M	-94.91M	-96.21M	-44.61M	-50.27M
Financing Cash Flow	-57.68M	120.31M	23.17M	-16.78M	-45.98M

Manitou BF Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 22.00
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For FR:MTU, the sentiment is Positive. The current price of 22 is above the 20-day moving average (MA) of 21.11, above the 50-day MA of 20.68, and above the 200-day MA of 18.32, indicating a bullish trend. The MACD of 0.50 indicates Negative momentum. The RSI at 62.93 is Neutral, neither overbought nor oversold. The STOCH value of 60.62 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for FR:MTU.

Manitou BF Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
MTU	79 Outperform	€841.92M	6.91	13.03%	5.71%	-7.50%	-15.01%
Sector *	65 Neutral	$10.94B	15.63	5.27%	1.90%	3.14%	-27.13%
0FOS	―	€153.00M	14.45	11.78%	1.94%	―	―
EKN	―	€212.61M	14.58	5.70%	3.40%	―	―
8XD	―	€140.64M	41.31	1.52%	2.67%	―	―
MLHYD	―	€51.62M	―		―	―	―
ALNSC	―	€33.45M	8.38		1.72%	―	―

Manitou BF Corporate Events

Manitou Group Reports 7% Revenue Decline in 2024, Anticipates Stability in 2025

Manitou Group reported a 7% decline in annual revenue for 2024 compared to 2023, primarily due to reduced sales in Northern Europe, notably in Germany and the Nordic countries. Despite a challenging fourth quarter with a 19% revenue drop, the company saw a significant increase in machine order intake, indicating a potential recovery in market activity. The group’s strategic initiatives in North America, including new product launches and industrial improvements, position it to capitalize on favorable market conditions in 2025. The company anticipates stable revenue for 2025, subject to economic or geopolitical changes.

Manitou Group Faces Turnover Decline but Sees Positive Market Signs

Manitou Group reported a 7% decline in turnover for 2024 compared to 2023, with a notable decrease in Northern Europe. Despite a challenging fourth quarter, the company saw increased order intake, indicating a potential market recovery. The group remains optimistic about stable turnover in 2025, leveraging new product launches and industrial developments, particularly in the recovering North American market.