NYSE: CAT - Caterpillar

Yield per half year: +48.57%
Sector: Industrials

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1. Summary

Advantages

  • Positive review The stock's return over the last year (69.12%) is higher than the sector average (-100%).
  • Positive review Current debt level 43.95% is below 100% and has decreased over 5 years from 46.55%.
  • Positive review The company's current efficiency (ROE=58.45%) is higher than the sector average (ROE=12.85%)

Disadvantages

  • Negative review Price (354.79 $) is higher than fair price (188.74 $)
  • Negative review Dividends (1.9473%) are below the sector average (2.9%).

2. Share price and performance

2.1. Share price

2.2. News

2.3. Market efficiency

Caterpillar Industrials Index
7 days -0.4% -97.1% -1.3%
90 days 9.5% -100% -4.5%
1 year 69.1% -100% 17.1%

Positive review CAT vs Sector: Caterpillar has outperformed the "Industrials" sector by 169.12% over the past year.

Positive review CAT vs Market: Caterpillar has outperformed the market by 52.02% over the past year.

Positive review Stable price: CAT is not significantly more volatile than the rest of the market on "New York Stock Exchange" over the last 3 months, with typical variations of +/- 5% per week.

Long period: CAT with weekly volatility of 1.3292% over the past year.

3. Summary of the report

3.1. General

P/E: 14.69
P/S: 2.26

3.2. Revenue

EPS 20.12
ROE 58.45%
ROA 12.2%
ROIC 12.53%
Ebitda margin 23.81%

4. Fundamental Analysis

4.1. Stock price and price forecast

The fair price is calculated taking into account the Central Bank refinancing rate and earnings per share (EPS)

Negative review Above fair price: The current price (354.79 $) is higher than the fair price (188.74 $).

Negative review Price is higher than fair: The current price (354.79 $) is 46.8% higher than the fair price.

4.2. P/E

Positive review P/E vs Sector: The company's P/E (14.69) is lower than that of the sector as a whole (49.76).

Positive review P/E vs Market: The company's P/E (14.69) is lower than that of the market as a whole (84.6).

4.2.1 P/E Similar companies

4.3. P/BV

Positive review P/BV vs Sector: The company's P/BV (7.79) is lower than that of the sector as a whole (20.98).

Positive review P/BV vs Market: The company's P/BV (7.79) is lower than that of the market as a whole (22.34).

4.3.1 P/BV Similar companies

4.4. P/S

Positive review P/S vs Sector: The company's P/S indicator (2.26) is lower than that of the sector as a whole (20).

Positive review P/S vs Market: The company's P/S indicator (2.26) is lower than that of the market as a whole (24.69).

4.4.1 P/S Similar companies

4.5. EV/Ebitda

Positive review EV/Ebitda vs Sector: The company's EV/Ebitda (11.48) is lower than that of the sector as a whole (28.9).

Positive review EV/Ebitda vs Market: The company's EV/Ebitda (11.48) is lower than that of the market as a whole (13).

5. Profitability

5.1. Profitability and revenue

5.2. Earnings per share - EPS

5.3. Past profitability Ebitda

Positive review Yield Trend: Rising and has grown by 13.96% over the last 5 years.

Negative review Earnings Slowdown: The last year's return (0%) is below the 5-year average return (13.96%).

Positive review Profitability vs Sector: The return for the last year (0%) exceeds the return for the sector (-10.35%).

5.4. ROE

Positive review ROE vs Sector: The company's ROE (58.45%) is higher than that of the sector as a whole (12.85%).

Positive review ROE vs Market: The company's ROE (58.45%) is higher than that of the market as a whole (-14.63%).

5.5. ROA

Positive review ROA vs Sector: The company's ROA (12.2%) is higher than that of the sector as a whole (6.32%).

Positive review ROA vs Market: The company's ROA (12.2%) is higher than that of the market as a whole (6.8%).

5.6. ROIC

Negative review ROIC vs Sector: The company's ROIC (12.53%) is lower than that of the sector as a whole (13.58%).

Positive review ROIC vs Market: The company's ROIC (12.53%) is higher than that of the market as a whole (8.49%).

6. Finance

6.1. Assets and debt

Positive review Debt level: (43.95%) is quite low in relation to assets.

Positive review Debt reduction: over 5 years, the debt has decreased from 46.55% to 43.95%.

Negative review Excess of debt: The debt is not covered by net income, percentage 371.86%.

6.2. Profit growth and share price

7. Dividends

7.1. Dividend yield vs Market

Negative review Low yield: The dividend yield of the company 1.9473% is below the average for the sector '2.9%.

7.2. Stability and increase in payments

Positive review Dividend stability: The company's dividend yield 1.9473% has been steadily paid over the past 7 years, DSI=0.93.

Positive review Dividend growth: Company's dividend yield 1.9473% has been growing over the last 5 years. Growth over 10 years.

7.3. Payout percentage

Negative review Dividend Coverage: Current payments from income (24.8%) are at an uncomfortable level.

8. Insider trades

8.1. Insider trading

Positive review Insider Buying Exceeds insider sales by 100% over the last 3 months.

8.2. Latest transactions

Transaction date Insider Type Price Volume Quantity
28.02.2024 Fassino Anthony D.
Group President
Sale 329.8 1 508 840 4575
28.02.2024 Fassino Anthony D.
Group President
Buy 138.35 1 090 340 7881
07.02.2024 De Lange Bob
Group President
Sale 325.52 6 899 070 21194
07.02.2024 De Lange Bob
Group President
Buy 95.66 2 869 800 30000
02.02.2024 BONFIELD ANDREW R J
Chief Financial Officer
Sale 310.1 3 101 000 10000