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GuruFocus Financial Strength Rank measures how strong a company’s financial situation is. It is based on these factors

1. The debt burden that the company has as measured by its Interest coverage (current year).
2. Debt to revenue ratio. The lower, the better
3. Altman Z-score.

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

Financial Strength : 6/10

vs
industry
vs
history
Cash to Debt 0.24
JOY's Cash to Debt is ranked higher than
60% of the 184 Companies
in the Global Farm & Construction Equipment industry.

( Industry Median: 0.34 vs. JOY: 0.24 )
JOY' s 10-Year Cash to Debt Range
Min: 0.14   Max: No Debt
Current: 0.24

Equity to Asset 0.50
JOY's Equity to Asset is ranked higher than
74% of the 180 Companies
in the Global Farm & Construction Equipment industry.

( Industry Median: 0.44 vs. JOY: 0.50 )
JOY' s 10-Year Equity to Asset Range
Min: -0.82   Max: 0.51
Current: 0.5

-0.82
0.51
Interest Coverage 12.40
JOY's Interest Coverage is ranked higher than
67% of the 117 Companies
in the Global Farm & Construction Equipment industry.

( Industry Median: 8.46 vs. JOY: 12.40 )
JOY' s 10-Year Interest Coverage Range
Min: 1.76   Max: 78.08
Current: 12.4

1.76
78.08
F-Score: 5
Z-Score: 2.33
M-Score: -2.81
GuruFocus Profitability Rank ranks how profitable a company is and how likely the company’s business will stay that way. It is based on these factors:

1. Operating Margin
2. Trend of the Operating Margin (5-year average). The company with an uptrend profit margin has a higher rank.
••3. Consistency of the profitability
4. Piotroski F-Score
5. Predictability Rank•

The maximum rank is 10. A rank of 7 or higher means a higher profitability and may stay that way. A rank of 3 or lower indicates that the company has had trouble to make a profit.

Profitability Rank is not directly related to the Financial Strength Rank. But if a company is consistently profitable, its financial strength will be stronger.

Profitability & Growth : 8/10

vs
industry
vs
history
Operating margin (%) 9.87
JOY's Operating margin (%) is ranked higher than
84% of the 184 Companies
in the Global Farm & Construction Equipment industry.

( Industry Median: 6.79 vs. JOY: 9.87 )
JOY' s 10-Year Operating margin (%) Range
Min: -14.96   Max: 20.89
Current: 9.87

-14.96
20.89
Net-margin (%) 5.77
JOY's Net-margin (%) is ranked higher than
80% of the 184 Companies
in the Global Farm & Construction Equipment industry.

( Industry Median: 4.43 vs. JOY: 5.77 )
JOY' s 10-Year Net-margin (%) Range
Min: -150.28   Max: 117.7
Current: 5.77

-150.28
117.7
ROE (%) 7.77
JOY's ROE (%) is ranked higher than
73% of the 183 Companies
in the Global Farm & Construction Equipment industry.

( Industry Median: 8.06 vs. JOY: 7.77 )
JOY' s 10-Year ROE (%) Range
Min: -6.72   Max: 67.55
Current: 7.77

-6.72
67.55
ROA (%) 3.85
JOY's ROA (%) is ranked higher than
74% of the 185 Companies
in the Global Farm & Construction Equipment industry.

( Industry Median: 3.84 vs. JOY: 3.85 )
JOY' s 10-Year ROA (%) Range
Min: -74.69   Max: 101.43
Current: 3.85

-74.69
101.43
ROC (Joel Greenblatt) (%) 18.73
JOY's ROC (Joel Greenblatt) (%) is ranked higher than
88% of the 185 Companies
in the Global Farm & Construction Equipment industry.

( Industry Median: 10.28 vs. JOY: 18.73 )
JOY' s 10-Year ROC (Joel Greenblatt) (%) Range
Min: -24.84   Max: 86.17
Current: 18.73

-24.84
86.17
Revenue Growth (%) 11.70
JOY's Revenue Growth (%) is ranked higher than
74% of the 176 Companies
in the Global Farm & Construction Equipment industry.

( Industry Median: 8.90 vs. JOY: 11.70 )
JOY' s 10-Year Revenue Growth (%) Range
Min: -28.4   Max: 26.4
Current: 11.7

-28.4
26.4
EBITDA Growth (%) 6.40
JOY's EBITDA Growth (%) is ranked higher than
67% of the 155 Companies
in the Global Farm & Construction Equipment industry.

( Industry Median: 8.30 vs. JOY: 6.40 )
JOY' s 10-Year EBITDA Growth (%) Range
Min: -52.7   Max: 65.7
Current: 6.4

-52.7
65.7
EPS Growth (%) 4.30
JOY's EPS Growth (%) is ranked higher than
67% of the 129 Companies
in the Global Farm & Construction Equipment industry.

( Industry Median: 11.50 vs. JOY: 4.30 )
JOY' s 10-Year EPS Growth (%) Range
Min: 0   Max: 314.5
Current: 4.3

0
314.5
» JOY's 10-Y Financials

Financials


Revenue & Net Income
Cash & Debt
Oprt. Cash Flow & Free Cash Flow

» Details

Guru Trades

Q4 2013

JOY Guru Trades in Q4 2013

First Pacific Advisors 1,393,200 sh (New)
David Dreman 1,115 sh (New)
James Barrow 4,857,234 sh (New)
Steven Cohen 15,885 sh (+122.01%)
Chuck Royce 22,700 sh (+53.38%)
Jeremy Grantham 15,861 sh (+3.56%)
Mark Hillman 14,230 sh (+1.25%)
Brian Rogers 2,750,000 sh (unchged)
Tweedy Browne Global Value 1,373,501 sh (unchged)
Jim Simons Sold Out
Tweedy Browne 3,356,084 sh (-0.03%)
Pioneer Investments 475,007 sh (-1.11%)
RS Investment Management 269,900 sh (-1.64%)
Manning & Napier Advisors, Inc 3,343,331 sh (-10.12%)
Joel Greenblatt 232,277 sh (-15.99%)
» More
Q1 2014

JOY Guru Trades in Q1 2014

First Pacific Advisors 2,915,000 sh (+109.23%)
James Barrow 6,255,387 sh (+28.78%)
Joel Greenblatt 288,828 sh (+24.35%)
Brian Rogers 3,250,000 sh (+18.18%)
Manning & Napier Advisors, Inc 3,596,838 sh (+7.58%)
David Dreman 1,165 sh (+4.48%)
Pioneer Investments 484,197 sh (+1.93%)
RS Investment Management 269,900 sh (unchged)
Chuck Royce 22,700 sh (unchged)
Tweedy Browne Global Value 1,373,501 sh (unchged)
Steven Cohen Sold Out
Jeremy Grantham Sold Out
Tweedy Browne 3,331,309 sh (-0.74%)
» More
Q2 2014

JOY Guru Trades in Q2 2014

Steven Romick 2,730,300 sh (New)
Ray Dalio 48,230 sh (New)
Joel Greenblatt 600,737 sh (+107.99%)
David Dreman 1,541 sh (+32.27%)
Chuck Royce 27,000 sh (+18.94%)
James Barrow 7,289,248 sh (+16.53%)
First Pacific Advisors 2,983,900 sh (+2.36%)
Manning & Napier Advisors, Inc 3,659,841 sh (+1.75%)
Pioneer Investments 484,929 sh (+0.15%)
Tweedy Browne Global Value 1,373,501 sh (unchged)
Brian Rogers 3,250,000 sh (unchged)
RS Investment Management Sold Out
Tweedy Browne 3,287,016 sh (-1.33%)
» More
Q3 2014

JOY Guru Trades in Q3 2014

John Hussman 150,000 sh (New)
Jim Simons 177,225 sh (New)
Manning & Napier Advisors, Inc 5,305,115 sh (+44.95%)
Chuck Royce 36,000 sh (+33.33%)
James Barrow 7,462,408 sh (+2.38%)
First Pacific Advisors 3,010,800 sh (+0.9%)
Brian Rogers 3,250,000 sh (unchged)
Tweedy Browne Global Value 1,373,501 sh (unchged)
Steven Romick 2,730,300 sh (unchged)
David Dreman Sold Out
Ray Dalio Sold Out
Tweedy Browne 3,283,746 sh (-0.1%)
Joel Greenblatt 163,566 sh (-72.77%)
Pioneer Investments 118,900 sh (-75.48%)
» More
» Details

Insider Trades

Latest Guru Trades with JOY

(List those with share number changes of more than 20%, or impact to portfolio more than 0.1%)

GuruDate Trades Impact to Portfolio Price Range * (?) Current Price Change from Average Current Shares
John Hussman 2014-09-30 New Buy0.7%$55.69 - $65.01 $ 52.66-13%150000
Joel Greenblatt 2014-09-30 Reduce -72.77%0.33%$55.69 - $65.01 $ 52.66-13%163566
Ray Dalio 2014-09-30 Sold Out 0.02%$55.69 - $65.01 $ 52.66-13%0
David Dreman 2014-09-30 Sold Out 0.01%$55.69 - $65.01 $ 52.66-13%0
Joel Greenblatt 2014-06-30 Add 107.99%0.24%$57.15 - $64.52 $ 52.66-12%600737
Ray Dalio 2014-06-30 New Buy0.02%$57.15 - $64.52 $ 52.66-12%48230
David Dreman 2014-06-30 Add 32.27%$57.15 - $64.52 $ 52.66-12%1541
James Barrow 2014-03-31 Add 28.78%0.12%$51.72 - $58.55 $ 52.66-5%6255387
Joel Greenblatt 2014-03-31 Add 24.35%0.05%$51.72 - $58.55 $ 52.66-5%288828
James Barrow 2013-12-31 New Buy0.41%$50.24 - $58.7 $ 52.66-4%4857234
David Dreman 2013-12-31 New Buy$50.24 - $58.7 $ 52.66-4%1115
Premium More recent guru trades are included for Premium Members only!!
Premium More recent guru trades are included for USA Subscribe Members only!!
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Ratios

vs
industry
vs
history
P/E(ttm) 24.20
JOY's P/E(ttm) is ranked higher than
70% of the 196 Companies
in the Global Farm & Construction Equipment industry.

( Industry Median: 20.00 vs. JOY: 24.20 )
JOY' s 10-Year P/E(ttm) Range
Min: 4.81   Max: 59.63
Current: 24.2

4.81
59.63
P/B 1.84
JOY's P/B is ranked higher than
67% of the 196 Companies
in the Global Farm & Construction Equipment industry.

( Industry Median: 1.67 vs. JOY: 1.84 )
JOY' s 10-Year P/B Range
Min: 1.72   Max: 11.41
Current: 1.84

1.72
11.41
P/S 1.41
JOY's P/S is ranked higher than
63% of the 196 Companies
in the Global Farm & Construction Equipment industry.

( Industry Median: 0.97 vs. JOY: 1.41 )
JOY' s 10-Year P/S Range
Min: 0.62   Max: 4.05
Current: 1.41

0.62
4.05
PFCF 13.97
JOY's PFCF is ranked higher than
91% of the 196 Companies
in the Global Farm & Construction Equipment industry.

( Industry Median: 9999.00 vs. JOY: 13.97 )
JOY' s 10-Year PFCF Range
Min: 3.84   Max: 86.78
Current: 13.97

3.84
86.78
EV-to-EBIT 16.22
JOY's EV-to-EBIT is ranked higher than
74% of the 196 Companies
in the Global Farm & Construction Equipment industry.

( Industry Median: 17.09 vs. JOY: 16.22 )
JOY' s 10-Year EV-to-EBIT Range
Min: 3.9   Max: 26.8
Current: 16.22

3.9
26.8
PEG 2.73
JOY's PEG is ranked higher than
80% of the 196 Companies
in the Global Farm & Construction Equipment industry.

( Industry Median: 9999.00 vs. JOY: 2.73 )
JOY' s 10-Year PEG Range
Min: 0.08   Max: 11.48
Current: 2.73

0.08
11.48
Shiller P/E 10.04
JOY's Shiller P/E is ranked higher than
95% of the 196 Companies
in the Global Farm & Construction Equipment industry.

( Industry Median: 62.66 vs. JOY: 10.04 )
JOY' s 10-Year Shiller P/E Range
Min: 5.68   Max: 60.97
Current: 10.04

5.68
60.97
Current Ratio 2.21
JOY's Current Ratio is ranked higher than
83% of the 183 Companies
in the Global Farm & Construction Equipment industry.

( Industry Median: 1.78 vs. JOY: 2.21 )
JOY' s 10-Year Current Ratio Range
Min: 1.35   Max: 2.61
Current: 2.21

1.35
2.61
Quick Ratio 1.18
JOY's Quick Ratio is ranked higher than
75% of the 183 Companies
in the Global Farm & Construction Equipment industry.

( Industry Median: 1.06 vs. JOY: 1.18 )
JOY' s 10-Year Quick Ratio Range
Min: 0.57   Max: 1.64
Current: 1.18

0.57
1.64

Dividend & Buy Back

vs
industry
vs
history
Dividend Yield 1.42
JOY's Dividend Yield is ranked lower than
57% of the 160 Companies
in the Global Farm & Construction Equipment industry.

( Industry Median: 1.71 vs. JOY: 1.42 )
JOY' s 10-Year Dividend Yield Range
Min: 0.17   Max: 3.72
Current: 1.42

0.17
3.72
Dividend Payout 0.34
JOY's Dividend Payout is ranked higher than
69% of the 196 Companies
in the Global Farm & Construction Equipment industry.

( Industry Median: 0.40 vs. JOY: 0.34 )
JOY' s 10-Year Dividend Payout Range
Min: 0.07   Max: 3.14
Current: 0.34

0.07
3.14
Yield on cost (5-Year) 1.40
JOY's Yield on cost (5-Year) is ranked lower than
58% of the 160 Companies
in the Global Farm & Construction Equipment industry.

( Industry Median: 1.82 vs. JOY: 1.40 )
JOY' s 10-Year Yield on cost (5-Year) Range
Min: 0.17   Max: 3.72
Current: 1.4

0.17
3.72
Share Buyback Rate -0.70
JOY's Share Buyback Rate is ranked higher than
71% of the 139 Companies
in the Global Farm & Construction Equipment industry.

( Industry Median: -0.40 vs. JOY: -0.70 )
JOY' s 10-Year Share Buyback Rate Range
Min: 5.8   Max: -3.1
Current: -0.7

Valuation & Return

vs
industry
vs
history
Price/Tangible Book 5.34
JOY's Price/Tangible Book is ranked higher than
55% of the 196 Companies
in the Global Farm & Construction Equipment industry.

( Industry Median: 2.13 vs. JOY: 5.34 )
JOY' s 10-Year Price/Tangible Book Range
Min: 1.3   Max: 46.75
Current: 5.34

1.3
46.75
Price/DCF (Projected) 0.83
JOY's Price/DCF (Projected) is ranked higher than
93% of the 196 Companies
in the Global Farm & Construction Equipment industry.

( Industry Median: 3.80 vs. JOY: 0.83 )
JOY' s 10-Year Price/DCF (Projected) Range
Min: 0.58   Max: 6.17
Current: 0.83

0.58
6.17
Price/Median PS Value 0.85
JOY's Price/Median PS Value is ranked higher than
84% of the 196 Companies
in the Global Farm & Construction Equipment industry.

( Industry Median: 1.13 vs. JOY: 0.85 )
JOY' s 10-Year Price/Median PS Value Range
Min: 0.27   Max: 2.27
Current: 0.85

0.27
2.27
Price/Graham Number 2.35
JOY's Price/Graham Number is ranked higher than
66% of the 196 Companies
in the Global Farm & Construction Equipment industry.

( Industry Median: 1.75 vs. JOY: 2.35 )
JOY' s 10-Year Price/Graham Number Range
Min: 0.9   Max: 13.51
Current: 2.35

0.9
13.51
Earnings Yield (Greenblatt) 6.20
JOY's Earnings Yield (Greenblatt) is ranked higher than
72% of the 183 Companies
in the Global Farm & Construction Equipment industry.

( Industry Median: 5.90 vs. JOY: 6.20 )
JOY' s 10-Year Earnings Yield (Greenblatt) Range
Min: 3.7   Max: 25.3
Current: 6.2

3.7
25.3
Forward Rate of Return (Yacktman) 9.90
JOY's Forward Rate of Return (Yacktman) is ranked higher than
80% of the 143 Companies
in the Global Farm & Construction Equipment industry.

( Industry Median: 2.58 vs. JOY: 9.90 )
JOY' s 10-Year Forward Rate of Return (Yacktman) Range
Min: -12   Max: 80.7
Current: 9.9

-12
80.7

Business Description

Industry: Farm & Construction Machinery » Farm & Construction Equipment
Compare:CAT, DE, KMTUY, KUB, ZLIOF » details
Traded in other countries:JO3.Germany
Joy Global, Inc., was incorporated in Delaware. The Company is a manufacturer and servicer of mining equipment for the extraction of coal and other minerals and ores. The Company equipment is used in major mining regions throughout the world to mine coal, copper, iron ore, oil sands and other minerals. It operates in two business segments namely Underground Mining Machinery and Surface Mining Equipment. Its underground mining machinery segment ('Joy Mining Machinery' or 'Joy') is a major manufacturer of underground mining equipment for the extraction of coal and other bedded minerals and offers comprehensive service locations near major mining regions worldwide. It has manufacturing facilities in Australia, South Africa, the United Kingdom, China, and the United States as well as sales offices and service facilities in India, Poland, and Russia. Its products include: continuous miners; shuttle cars; flexible conveyor trains; complete longwall mining systems (consisting of powered roof supports, an armored face conveyor, and a longwall shearer); continuous haulage systems; battery haulers; roof bolters; crushing equipment; and conveyor systems. It also maintains a network of service and distribution centers to rebuild and service equipment and to sell replacement parts and consumables in support of its installed base. Its surface mining equipment segment ('P&H Mining Equipment' or 'P&H') is a major producer of surface mining equipment for the extraction of ores and minerals and provides extensive operational support for many types of equipment used in surface mining. P&H has facilities in Australia, Brazil, Canada, Chile, China, South Africa, and the United States, as well as sales offices in India, Mexico, Peru, Russia, the United Kingdom, and Venezuela. P&H products are used in mining copper, coal, iron ore, oil sands, silver, gold, diamonds, phosphate, and other minerals and ores. P&H also provides logistics and a full range of life cycle management service support for its customers through a global network of strategically located operations within major mining regions. Joy and P&H sell their products mainly to large global and regional mining companies. Its rebuild services compete with a large number of local repair shops and also compete with various regional suppliers in the sale of replacement parts for Joy equipment. P&H's shovels and draglines compete with similar products produced by one significant competitor and with hydraulic excavators, large rubber-tired front-end loaders, and bucket wheel excavators made by several international manufacturers. The Company's domestic activities are regulated by federal, state, and local statutes, regulations, and ordinances relating to environmental protection and worker health and safety.

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