SHYF - Intrinsic Value and Financial Analysis - The Shyft Group, Inc.

The Shyft Group, Inc. SHYF

Industrials - Agricultural - Machinery - NASDAQ - US

Watchlist

$ 13.92

-1.14 %

$ 480 M

Market Cap

-139.2

P/E

BALANCE SHEET

530 M ASSETS

Growth Rates

1Year -8.69%

3Years 13.86%

5Years 8.42%

7Years 11.77%

10Years 7.60%

278 M LIABILITIES

Growth Rates

1Year -10.87%

3Years 20.48%

5Years 10.63%

7Years 17.41%

10Years 12.82%

252 M EQUITY

Growth Rates

1Year -6.12%

3Years 7.97%

5Years 6.19%

7Years 7.34%

10Years 3.93%

BALANCE SHEET DECOMPOSITION

Balance Sheet Decomposition The Shyft Group, Inc.

530 M ASSETS
278 M LIABILITIES

Current Assets	287 M
Cash & Short-Term Investments	9.96 M
Receivables	164 M
Other Current Assets	113 M
Non-Current Assets	243 M
Long-Term Investments	0
PP&E	129 M
Other Non-Current Assets	114 M

Current Liabilities	183 M
Accounts Payable	99.9 M
Short-Term Debt	56.3 M
Other Current Liabilities	26.7 M
Non-Current Liabilities	95.1 M
Long-Term Debt	124 M
Other Non-Current Liabilities	-28.5 M

Balance Sheet

Millions

	Dec-2023	Dec-2022	Dec-2021	Dec-2020	Dec-2019	Dec-2018	Dec-2017	Dec-2016	Dec-2015	Dec-2014	Dec-2013	Dec-2012	Dec-2011	Dec-2010	Dec-2009	Dec-2008	Dec-2007	Dec-2006	Dec-2005	Dec-2004	Dec-2003	Dec-2002	Dec-2001	Dec-2000	Dec-1999	Dec-1998	Dec-1997	Dec-1996	Dec-1995	Dec-1994	Dec-1993	Dec-1992	Dec-1991	Dec-1990	Dec-1989	Dec-1988	Dec-1987	Dec-1986	Dec-1985
ASSETS
Cash & Cash Equivalents	10.0	11.5	37.2	21.0	19.3	27.4	33.5	32.0	32.7	28.6	30.7	21.7	31.7	14.5	18.5	13.7	13.5	13.8	9.7	10.5	18.5	8.1	4.2	0.5	0	0	4.8	4.9	5.2	2.9	1.1	12.1	0.9	0.2	0.5	0.9	0.2	0.2	0.3
Short Term Investments	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	2.0	1.5	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Receivables	164.4	222.3	118.7	80.6	77.9	77.2	83.1	66.7	58.4	50.1	49.2	50.1	41.5	55.4	49.2	75.9	132.9	62.6	38.0	34.3	20.6	28.8	25.8	37.8	37.8	43.1	27.4	26.3	20.2	23.3	17.3	20.2	13.4	8.0	6.2	5.2	3.3	2.8	1.8
Inventory	105.1	100.2	67.2	46.4	59.5	70.0	77.7	58.9	60.6	71.2	81.4	67.6	67.0	60.2	102.4	86.6	103.1	64.2	44.3	32.4	26.6	25.2	23.6	30.4	47.1	47.2	27.0	24.3	24.4	23.4	26.1	13.2	12.2	10.6	5.9	6.7	5.5	3.0	1.9
Other Current Assets	7.5	11.8	10.8	8.2	96.1	101.4	4.4	4.5	3.5	11.5	9.4	13.0	8.9	9.9	18.1	15.1	8.9	17.3	5.7	4.5	4.8	5.1	6.9	8.8	6.0	3.3	6.4	12.4	10.7	15.9	11.7	1.4	0.8	0.4	0.3	0.4	0.3	100 K	100 K
Total Current Assets	286.9	345.8	233.8	156.2	252.8	245.3	198.8	162.2	158.3	161.3	172.2	152.5	149.1	140.0	182.1	191.5	258.4	158.0	99.7	83.2	70.4	67.2	60.5	77.5	90.9	94.1	65.6	67.9	60.5	65.5	56.2	46.9	27.3	19.2	12.9	13.2	9.3	6.1	4.1
PP&E	129.3	124.1	104.4	89.2	72.2	56.6	55.2	53.1	47.3	50.4	54.3	59.1	65.4	71.3	80.2	66.8	56.7	29.7	18.5	18.2	14.8	15.2	11.3	10.6	22.6	23.4	11.9	11.4	12.3	12.9	10.5	7.3	5.8	4.5	4.4	3.7	2.5	1.3	0.6
Intangible Assets	45.3	49.1	53.0	56.4	54.1	8.6	9.4	6.4	7.1	9.0	10.1	11.1	11.9	10.9	11.5	0	0	0	4.5	4.5	4.5	4.5	0	5.0	7.5	7.3	3.4	0	0	0	0	0	0	0	0	0	0	0	0
Goodwill	48.9	48.9	48.9	49.5	43.6	33.8	27.4	16.0	16.0	16.0	16.0	20.8	20.8	18.4	18.4	2.5	2.5	2.5	4 543.4	4 543.4	4 543.4	4 543.4	4.5	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Long Term Investments	0	0	0	0	0	0	0	0	(3.2)	(7.8)	(6.7)	(6.3)	(6.4)	(6.2)	(6 983.6)	0	0	(4 566.7)	(3 745.4)	0	0	0	(3 777.3)	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Other Long Term Assets	2.4	2.2	2.9	2.1	2.3	2.3	3.1	2.3	2.0	2.2	2.2	1.6	1.4	1.2	1.0	0.2	0.3	0.6	0.5	44.9 K	39.3 K	0.1	1.3	5.3	1.7	1.1	0.3	0.4	2.4	2.7	4.6	2.2	1.6	0	100 K	0	0	0	0
Other Assets	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Total Assets	530.0	580.5	447.9	359.0	450.5	353.8	301.2	243.3	230.7	238.8	254.8	245.2	248.6	241.7	293.3	261.1	318.7	190.6	123.2	106.9	91.4	88.3	77.6	98.3	122.7	125.9	81.2	79.7	75.2	81.1	71.3	56.4	34.7	23.7	17.2	16.9	11.8	7.4	4.7
LIABILITIES
Accounts Payable	99.9	124.3	82.4	47.5	54.7	73.4	40.6	31.3	27.3	22.8	30.5	23.0	21.6	18.0	19.5	21.8	90.8	30.7	20.7	19.2	15.1	15.9	13.9	19.2	22.4	24.0	12.0	6.3	3.8	7.1	6.4	5.0	4.1	5.1	1.6	0	0	0	0
Short Term Debt	56.3	41.5	26.0	21.7	18.7	60 K	64 K	65 K	63 K	59 K	79 K	82 K	55 K	0.1	22.7	10.6	0.5	0.5	52.8 K	5.71 K	0	0	2.0	0.9	7.9	8.1	0	0.6	0.4	0.4	0.3	0.3	1.4	5.9	4.9	4.9	1.3	1.3	100 K
Other Current Liabilities	21.9	30.2	26.4	23.4	81.9	64.7	69.0	58.7	31.9	26.3	21.5	24.2	20.8	23.7	22.8	(1 931.6)	(516.6)	(1 535.0)	28.2	20.0	15.2	(1 396.3)	(1 225.9)	19.3	18.8	16.8	12.2	6.2	5.4	6.0	6.1	5.5	3.2	1.5	0.7	2.3	3.4	1.4	1.0
Total Current Liabilities	182.8	201.2	135.8	93.4	158.0	138.1	109.7	87.7	72.4	60.6	70.2	53.7	50.4	41.7	65.0	72.8	125.7	61.9	49.0	39.3	30.3	31.9	31.3	39.4	49.1	48.9	24.2	13.1	9.6	13.5	12.8	10.8	8.7	12.5	7.2	7.2	4.7	2.7	1.1
Long Term Debt	123.6	100.5	73.4	96.7	143.2	25.5	17.9	74 K	5.1	5.2	5.3	5.2	5.1	5.1	35.5	16.6	62.7	25.2	1.3	0.1	0	0	9.4	24.5	28.8	30.2	9.6	5.2	5.8	6.2	4.7	2.9	3.7	2.5	3.5	4.2	1.6	1.1	0.7
Deferred Tax Income	0	37.7	17.3	14.9	4.9	2.9	0	0	2.5	2.0	4.7	4.5	7.4	7.6	8.3	0	0	0.4	0.3	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Other Liabilities	(28.5)	10.0	(28.2)	(31.2)	(22.3)	4.1	5.2	2.5	(0.4)	2.4	3.1	3.1	2.9	4.3	3.9	1.2	1.0	0	0	0	0	0	0	3.7	1.6	1.7	100 K	0	0	(0.2)	0	0	0	0	0	0	0	0	0
Total Liabilities	277.9	311.8	181.0	158.9	278.8	167.7	132.9	90.3	82.2	70.2	83.2	66.4	65.8	58.8	112.8	90.5	189.4	87.5	50.6	39.4	30.3	31.9	40.7	67.7	79.5	80.8	33.7	18.3	15.4	19.5	17.5	13.7	12.4	15.0	10.7	11.4	6.3	3.8	1.8
EQUITY
Common Stock	93.7	93.0	95.4	91.0	0.4	0.4	0.4	0.3	0.3	0.3	0.3	0.3	0.3	0.3	0.3	0.3	0.3	0.2	0.1	0.1	0.1	0.1	0.1	0.1	100 K	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Retained Earnings	158.5	175.6	171.4	109.3	86.8	103.6	88.9	76.4	72.3	92.7	96.1	105.5	111.4	113.9	113.1	105.7	66.2	48.6	35.4	31.2	28.8	25.5	15.7	10.3	19.4	20.9	24.7	40.2	40.5	41.3	32.0	22.1	14.2	7.8	7.7	6.7	4.7	2.9	2.2
Other Accumulative Comprehensive Income/Loss	0	0	0	0	0	(95.1)	(85.7)	(77.0)	(77.4)	(72.0)	(66.8)	(60.1)	(54.6)	(47.4)	(40.4)	(33.6)	(27.9)	(24.2)	(0.9)	7.07 K	(18.4)	(16.1)	(14.6)	(13.0)	(16.1)	(14.0)	(9.7)	(8.0)	(6.3)	(4.7)	(3.5)	(2.6)	(2.2)	(1.8)	(1.4)	(1.1)	(0.8)	(0.6)	(0.5)
Total Equity	252.2	268.7	266.9	200.2	171.7	186.1	168.3	153.0	148.5	168.6	171.6	178.7	182.8	183.0	180.5	170.6	129.2	103.2	72.6	67.5	61.1	56.4	36.9	30.7	43.2	45.1	47.5	61.4	59.8	61.6	53.8	42.7	22.3	8.7	6.5	5.5	5.5	3.6	2.9
Total Liabilities and Equity	530.0	580.5	447.9	359.0	450.5	353.8	301.2	243.3	230.7	238.8	254.8	245.2	248.6	241.7	293.3	261.1	318.7	190.6	123.2	106.9	91.4	88.3	77.6	98.3	122.7	125.9	81.2	79.7	75.2	81.1	71.3	56.4	34.7	23.7	17.2	16.9	11.8	7.4	4.7
SHARES OUTSTANDING
Common Shares Outstanding	34.7	35.1	35.3	35.5	35.3	35.2	34.9	34.4	33.8	34.3	33.2	33.2	33.4	33.0	32.7	32.6	31.9	44.4	42.4	27.8	27.3	25.9	23.8	25.9	28.1	28.1	27.9	27.8	28.8	29.4	29.4	29.1	27.2	23.4	23.3	23.3	23.3	27.8	27.8

Balance Sheet

Premium Plan

Unlimited Plan