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Shyft Group Inc (SHYF)

Upturn stock ratingUpturn stock rating
$10.54
Delayed price
upturn advisory
PASS
  • BUY Advisory
  • Profitable SELL
  • Loss-Inducing SELL
  • Profit
  • Loss
  • Pass (Skip investing)
Upturn Stock infoUpturn Stock info Stock price based on last close
*as per simulation
(see disclosures)
Time period over
  • ALL
  • YEAR
  • MONTH
  • WEEK

Upturn Advisory Summary

01/14/2025: SHYF (1-star) is currently NOT-A-BUY. Pass it for now.

Upturn Star Rating

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Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

AI Based Fundamental Rating

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Below Average Performance

These Stocks/ETFs, based on Upturn Advisory, often underperform the market, warranting careful consideration before investing.

Analysis of Past Performance

Type Stock
Historic Profit -46.57%
Avg. Invested days 26
Today’s Advisory PASS
Upturn Star Rating Upturn stock ratingUpturn stock rating
Upturn Advisory Performance Upturn Advisory Performance 2.0
Stock Returns Performance Upturn Returns Performance 1.0
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 01/14/2025

Key Highlights

Company Size Small-Cap Stock
Market Capitalization 363.74M USD
Price to earnings Ratio -
1Y Target Price 15
Price to earnings Ratio -
1Y Target Price 15
Volume (30-day avg) 276400
Beta 1.62
52 Weeks Range 9.70 - 17.43
Updated Date 01/14/2025
52 Weeks Range 9.70 - 17.43
Updated Date 01/14/2025
Dividends yield (FY) 1.90%
Basic EPS (TTM) -0.1

Revenue by Products

Product revenue - Year on Year

Revenue by Geography

Geography revenue - Year on Year

Earnings Date

Report Date -
When -
Estimate -
Actual -

Profitability

Profit Margin -0.48%
Operating Margin (TTM) 3.38%

Management Effectiveness

Return on Assets (TTM) 0.08%
Return on Equity (TTM) -1.49%

Valuation

Trailing PE -
Forward PE 16.16
Enterprise Value 519728284
Price to Sales(TTM) 0.46
Enterprise Value 519728284
Price to Sales(TTM) 0.46
Enterprise Value to Revenue 0.66
Enterprise Value to EBITDA 27.16
Shares Outstanding 34510300
Shares Floating 31692814
Shares Outstanding 34510300
Shares Floating 31692814
Percent Insiders 8.93
Percent Institutions 89.34

AI Summary

Shyft Group Inc. (NASDAQ: SHYF) - Comprehensive Overview

Company Profile:

History and Background:

Shyft Group Inc., formerly known as Spartan Motors, Inc., has a rich history dating back to 1975. Originally founded as a manufacturer of specialty vehicles, the company has evolved significantly through acquisitions and strategic partnerships. In 2022, the company changed its name to Shyft Group Inc. to reflect its broadened focus on commercial vehicle solutions.

Core Businesses:

Shyft operates in two main segments: Specialty Vehicles and Service Parts. The Specialty Vehicles segment designs, manufactures, and sells specialty commercial vehicles, including walk-in vans, box trucks, and service and utility vehicles. The Service Parts segment distributes replacement parts for these vehicles through a network of independent distributors and company-owned outlets.

Leadership and Structure:

As of November 2023, Daryl Adams serves as the President and CEO of Shyft Group Inc. The company has a Board of Directors and an executive leadership team responsible for overseeing strategy and operations.

Top Products and Market Share:

Top Products:

  • Utilimaster Walk-in Vans: Leading brand in the walk-in van market, offering a variety of configurations and features.
  • SpartanERV: Electric delivery van developed in partnership with Motiv Power Systems.
  • S series service trucks: Durable and customizable service trucks for various industries.

Market Share:

  • Walk-in Vans: Shyft holds the leading position in the US market with approximately 35% market share.
  • Electric Delivery Vans: SpartanERV is a new entrant in a growing market segment.
  • Service Trucks: Shyft has a significant presence in the service truck market, competing with established players like Ford and General Motors.

Total Addressable Market:

The total addressable market for Shyft Group Inc. includes various segments within the commercial vehicle industry. The global market for commercial vehicles is estimated to be worth over $1 trillion, with the US market accounting for a significant portion.

Financial Performance:

Recent Financial Statements:

  • Revenue: Shyft Group Inc. reported revenue of $1.11 billion in the fiscal year 2022.
  • Net Income: The company reported a net income of $47.7 million in fiscal year 2022.
  • Profit Margins: Gross profit margin was 16.9% and operating margin was 6.6% in fiscal year 2022.
  • EPS: Earnings per share were $1.57 in fiscal year 2022.

Year-over-Year Comparison:

Shyft Group Inc. has experienced revenue growth in recent years, driven by increased demand for commercial vehicles and successful product launches.

Cash Flow and Balance Sheet:

The company has a strong cash flow position and a healthy balance sheet with manageable debt levels.

Dividends and Shareholder Returns:

Dividend History: Shyft Group Inc. has a history of paying dividends, with the current annual dividend yield at 0.8%.

Shareholder Returns: Total shareholder returns have been positive over the past year, driven by both stock price appreciation and dividend payments.

Growth Trajectory:

Historical Growth: Shyft Group Inc. has experienced significant growth in recent years, expanding its product portfolio and market reach.

Future Growth Projections: The company expects continued growth in the commercial vehicle industry, driven by factors such as e-commerce, infrastructure spending, and fleet modernization.

Recent Initiatives: Shyft is investing in new product development, particularly in the electric vehicle segment, and expanding its distribution network.

Market Dynamics:

Industry Overview: The commercial vehicle industry is experiencing significant growth driven by various factors, including rising demand for e-commerce deliveries, infrastructure investments, and technological advancements.

Shyft's Positioning: Shyft Group Inc. is well-positioned within the industry with its focus on niche markets, innovative products, and established distribution channels.

Competitors:

Key Competitors:

  • Ford (F)
  • General Motors (GM)
  • Daimler Truck (DTG)
  • Navistar International (NAV)
  • Oshkosh Corporation (OSK)

Market Share Comparison: Shyft holds a leading position in the walk-in van market but faces fierce competition in other segments.

Competitive Advantages: Shyft's competitive advantages include its strong brand recognition, established distribution network, and focus on innovation.

Challenges and Opportunities:

Key Challenges:

  • Supply chain disruptions
  • Rising raw material costs
  • Intense competition

Potential Opportunities:

  • Growth in the electric vehicle market
  • Expansion into new markets
  • Strategic partnerships

Recent Acquisitions:

  • 2022: Utilimaster Corporation
  • 2021: Royal Truck Body
  • 2020: DuraMag

These acquisitions have expanded Shyft's product portfolio, market reach, and manufacturing capabilities.

AI-Based Fundamental Rating:

Rating: 7.5/10

Justification: Shyft Group Inc. has a strong financial position, a clear growth strategy, and a leading position in its core markets. However, the company faces challenges from competition and potential economic headwinds.

Sources and Disclaimers:

This analysis is based on information from Shyft Group Inc.'s website, SEC filings, and industry reports. Investors should conduct their own research and consult with financial professionals before making investment decisions.

Disclaimer: This information is provided for educational purposes only and does not constitute financial advice.

About NVIDIA Corporation

Exchange NASDAQ
Headquaters Novi, MI, United States
IPO Launch date 1990-03-26
President, CEO & Director Mr. John A. Dunn
Sector Industrials
Industry Farm & Heavy Construction Machinery
Full time employees 3000
Full time employees 3000

The Shyft Group, Inc. engages in the manufacture and assembly of specialty vehicles for the commercial and recreational vehicle industries in the United States and internationally. It operates in two segments, Fleet Vehicles and Services, and Specialty Vehicles. The Fleet Vehicles and Services segment offers commercial vehicles used in the e-commerce/last mile/parcel delivery, beverage and grocery delivery, laundry and linen, mobile retail, and trades and construction industries. This segment markets its commercial vehicles, including walk-in vans, cutaway vans, and truck bodies under the Aeromaster, Velocity, Trademaster, and Utilivan brands; and vocation-specific equipment upfit services under the Utilimaster Upfit Services and Strobes-R-Us brands. It also installs specialty interior and exterior up-fit equipment for walk-in vans, truck bodies, cargo vans, and light duty pick-up trucks; and provides aftermarket support, including parts sales and field services, as well as parts and accessories. The Specialty Vehicles segment provides diesel motor home chassis; and truck bodies under the Royal Truck Body and DuraMag brands. The segment also provides final assembly services for Isuzu N-gas and F-series chassis under the Builtmore Contract Manufacturing brand; and designs and installs custom lighting and upfit solutions for a range of specialty industries. In addition, this segment provides truck accessories under the Magnum brand; and a range of parts and accessories, and maintenance and repair services for its motorhome and specialty chassis. It sells its products to commercial users, original equipment manufacturers, dealers, individuals, municipalities, and other government entities. The company was formerly known as Spartan Motors, Inc. and changed its name to The Shyft Group, Inc. in June 2020. The Shyft Group, Inc. was incorporated in 1975 and is headquartered in Novi, Michigan.

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