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Generac Holdings Inc. pages available for free this week:
- Balance Sheet: Assets
- Common-Size Balance Sheet: Liabilities and Stockholders’ Equity
- Analysis of Profitability Ratios
- Analysis of Short-term (Operating) Activity Ratios
- DuPont Analysis: Disaggregation of ROE, ROA, and Net Profit Margin
- Price to FCFE (P/FCFE)
- Present Value of Free Cash Flow to Equity (FCFE)
- Return on Equity (ROE) since 2010
- Return on Assets (ROA) since 2010
- Price to Book Value (P/BV) since 2010
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Calculation
P/E | = | Share price1, 2, 3 | ÷ | Earnings per share1 (EPS) | EPS1 | = | Net income (loss) attributable to Generac Holdings Inc.1 (in thousands) |
÷ | No. shares of common stock outstanding2 | ||
---|---|---|---|---|---|---|---|---|---|---|---|
Feb 22, 2022 | = | ÷ | = | ÷ | |||||||
Feb 23, 2021 | = | ÷ | = | ÷ | |||||||
Feb 25, 2020 | = | ÷ | = | ÷ | |||||||
Feb 26, 2019 | = | ÷ | = | ÷ | |||||||
Feb 26, 2018 | = | ÷ | = | ÷ | |||||||
Feb 24, 2017 | = | ÷ | = | ÷ | |||||||
Feb 26, 2016 | = | ÷ | = | ÷ | |||||||
Feb 27, 2015 | = | ÷ | = | ÷ | |||||||
Mar 3, 2014 | = | ÷ | = | ÷ | |||||||
Mar 13, 2013 | = | ÷ | = | ÷ | |||||||
Mar 9, 2012 | = | ÷ | = | ÷ | |||||||
Mar 7, 2011 | = | ÷ | = | ÷ |
Based on: 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31).
1 US$
2 Data adjusted for splits and stock dividends.
3 Closing price as at the filing date of Generac Holdings Inc. Annual Report.
- Share Price Trend
- The share price exhibited a general upward trajectory from 2011 through 2022, increasing from $18.04 in 2011 to a peak of $333.04 in 2021. However, there was a notable dip in 2016 when the price decreased to $34.83 from $49.29 the previous year. After 2016, the share price recovered, reaching its highest value in 2021, before declining moderately to $282.47 in 2022.
- Earnings Per Share (EPS) Analysis
- EPS showed initial volatility, starting with a negative value of -$1.45 in 2011. This shifted to positive values from 2012 onwards, with fluctuations observed over the years. EPS generally matured with gradual growth, moving from $4.78 in 2012 to $8.63 in 2022. There was a temporary decline around 2015-2016, reaching a low of $1.17 in 2016, but a consistent upward trend followed thereafter, signifying improving profitability.
- Price-to-Earnings (P/E) Ratio Overview
- The P/E ratio was not reported in 2011. From 2012, it started relatively low at 5.43, then increased sharply to 25.22 in 2013 before experiencing some variation. It decreased to 13.55 in 2018, indicating a potentially undervalued condition relative to earnings at that time. Subsequently, the P/E ratio surged to a high of 59.72 in 2021. This spike suggests that investors were willing to pay a significantly higher price for each dollar of earnings, possibly reflecting elevated growth expectations or market speculation. The ratio declined to 32.73 in 2022, though it remained elevated compared to earlier years.
- Overall Insights
- The financial data reveals a company transitioning from initial losses to increasing profitability, as evidenced by the EPS movement from negative to robust positive figures. The share price largely reflected this improvement, growing substantially over the period studied. The P/E ratio fluctuated in response to earnings and investor sentiment, with heightened ratios in the later years possibly indicating optimistic growth prospects or market exuberance. The volatility seen in 2016 for both share price and earnings suggests a period of challenge or adjustment. The decline in share price and P/E in 2022, although from high levels, may indicate market recalibration or changing expectations.
Comparison to Competitors
Generac Holdings Inc. | Boeing Co. | Caterpillar Inc. | Eaton Corp. plc | GE Aerospace | Honeywell International Inc. | Lockheed Martin Corp. | RTX Corp. | |
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Feb 22, 2022 | ||||||||
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Mar 3, 2014 | ||||||||
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Mar 9, 2012 | ||||||||
Mar 7, 2011 |
Based on: 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31).
Comparison to Sector (Capital Goods)
Generac Holdings Inc. | Capital Goods | |
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Feb 22, 2022 | ||
Feb 23, 2021 | ||
Feb 25, 2020 | ||
Feb 26, 2019 | ||
Feb 26, 2018 | ||
Feb 24, 2017 | ||
Feb 26, 2016 | ||
Feb 27, 2015 | ||
Mar 3, 2014 | ||
Mar 13, 2013 | ||
Mar 9, 2012 | ||
Mar 7, 2011 |
Based on: 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31).
Comparison to Industry (Industrials)
Generac Holdings Inc. | Industrials | |
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Feb 22, 2022 | ||
Feb 23, 2021 | ||
Feb 25, 2020 | ||
Feb 26, 2019 | ||
Feb 26, 2018 | ||
Feb 24, 2017 | ||
Feb 26, 2016 | ||
Feb 27, 2015 | ||
Mar 3, 2014 | ||
Mar 13, 2013 | ||
Mar 9, 2012 | ||
Mar 7, 2011 |
Based on: 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31).