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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/OP | = | Share price1, 2, 3 | ÷ | Operating profit per share1 | Operating profit per share1 | = | Income from operations1 (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.
The data reveals several notable trends regarding the financial performance and market valuation over the observed periods.
- Share Price
- The share price demonstrates a consistent upward trajectory from 2011 through 2021, increasing from $18.04 to a peak of $333.04 in 2021. This represents a substantial appreciation in market value over the decade. However, in the last recorded year, the share price declined to $282.47, indicating a correction or adjustment following the sharp increase.
- Operating Profit Per Share (OP)
- Operating profit per share also exhibits a general growth trend throughout the timeline. Starting at $1.34 in 2011, it saw steady increases with some fluctuations. There was a peak noted at $11.31 in 2022, marking an overall improvement of more than eightfold from the initial value. Some years, such as 2016, witnessed a decrease to $2.71, which temporarily interrupted the upward trend but the subsequent years regained momentum.
- Price to Operating Profit Ratio (P/OP)
- The price to operating profit ratio shows considerable variability. It ranged between approximately 9.04 in 2019 to a high of 43.7 in 2021. Early years reflect moderate ratios mostly between approximately 10 and 15, indicative of steady valuation relative to operating profits. The significant spike in 2021 suggests an elevated market valuation compared to operating profit, possibly driven by investor optimism or expectations of future growth. In 2022, this ratio moderated to 24.98, still relatively high but decreased from the previous peak.
Overall, the data indicate solid growth in operational profitability combined with a strong appreciation in share value. The market valuation, as reflected by the P/OP ratio, has generally increased, with substantial volatility in the most recent years, possibly signifying changing investor sentiment or market conditions. The decline in share price and P/OP ratio in the last year observed might reflect a market reassessment or normalization following an exceptional growth period.
Comparison to Competitors
Generac Holdings Inc. | Boeing Co. | Caterpillar Inc. | Lockheed Martin Corp. | RTX Corp. | |
---|---|---|---|---|---|
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).