NAS:SPAR (USA) Also trade in: Germany

Spartan Motors Inc

$ 8.75 -0.22 (-2.45%)
On watch
Volume: 39,388 Avg Vol (1m): 131,556
Market Cap $: 308.96 Mil Enterprise Value $: 313.14 Mil
P/E (TTM): 24.97 P/B: 1.64
Earnings Power Value 7.86
Net Current Asset Value 1.84
Tangible Book 4.11
Projected FCF 6.84
Median P/S Value 9.46
Graham Number 5.69
Peter Lynch Value 0
DCF (FCF Based) 0
DCF (Earnings Based) 0
1Y (-%)

Financial Strength : 7/10

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.
Current vs industry vs history
Cash-to-Debt 0.82
Cash-To-Debt ranked higher than
68.00% of 25 companies
in the Truck Manufacturing industry.
Industry Max: 10000, Med: 0.46, Min: 0.03
SPAR: 0.82
Ranked among companies with meaningful Cash-To-Debt only.
Cash-To-Debt range over the past 10 years
Min: 0, Med: 0.84, Max: 10000
Current: 0.82
0
10000
Equity-to-Asset 0.49
Equity-to-Asset ranked higher than
76.00% of 25 companies
in the Truck Manufacturing industry.
Industry Max: 0.78, Med: 0.36, Min: -0.77
SPAR: 0.49
Ranked among companies with meaningful Equity-to-Asset only.
Equity-to-Asset range over the past 10 years
Min: 0.3, Med: 0.62, Max: 0.8
Current: 0.49
0.3
0.8
Debt-to-Equity 0.14
Debt-to-Equity ranked higher than
85.00% of 20 companies
in the Truck Manufacturing industry.
Industry Max: 3.47, Med: 0.55, Min: 0.06
SPAR: 0.14
Ranked among companies with meaningful Debt-to-Equity only.
Debt-to-Equity range over the past 10 years
Min: 0, Med: 0.11, Max: 1.39
Current: 0.14
0
1.39
Debt-to-EBITDA 0.99
Debt-to-EBITDA ranked higher than
85.71% of 21 companies
in the Truck Manufacturing industry.
Industry Max: 17.59, Med: 2.73, Min: 0.27
SPAR: 0.99
Ranked among companies with meaningful Debt-to-EBITDA only.
Debt-to-EBITDA range over the past 10 years
Min: -1.08, Med: 0.68, Max: 3.14
Current: 0.99
-1.08
3.14
Interest Coverage 14.71
Interest Coverage ranked higher than
58.33% of 24 companies
in the Truck Manufacturing industry.
Industry Max: 256439.07, Med: 17.66, Min: 1.3
SPAR: 14.71
Ranked among companies with meaningful Interest Coverage only.
Interest Coverage range over the past 10 years
Min: 2.95, Med: 16.42, Max: 23.71
Current: 14.71
2.95
23.71
Piotroski F-Score 3
0
1
2
3
4
5
6
7
8
9
Altman Z-Score 4.11
DISTRESS
GREY
SAFE
Beneish M-Score -2.00
Not Manipulator
Manipulator
WACC vs ROIC %
ROIC 7.79%
WACC 12.7%

Profitability & Growth : 5/10

GuruFocus Profitability Rank ranks how profitable a company is and how likely the company's business will stay that way.
Current vs industry vs history
Operating Margin % 1.90
Operating Margin ranked lower than
79.17% of 24 companies
in the Truck Manufacturing industry.
Industry Max: 32.47, Med: 6.95, Min: -281.34
SPAR: 1.9
Ranked among companies with meaningful Operating Margin only.
Operating Margin range over the past 10 years
Min: -1.75, Med: 1.52, Max: 5.26
Current: 1.9
-1.75
5.26
Net Margin % 1.39
Net Margin ranked lower than
76.00% of 25 companies
in the Truck Manufacturing industry.
Industry Max: 168.84, Med: 5.04, Min: -15.71
SPAR: 1.39
Ranked among companies with meaningful Net Margin only.
Net Margin range over the past 10 years
Min: -3.08, Med: 0.55, Max: 2.87
Current: 1.39
-3.08
2.87
ROE % 6.70
ROE ranked higher than
50.00% of 24 companies
in the Truck Manufacturing industry.
Industry Max: 28.05, Med: 10.02, Min: -72.9
SPAR: 6.7
Ranked among companies with meaningful ROE only.
ROE range over the past 10 years
Min: -10.68, Med: 1.49, Max: 9.88
Current: 6.7
-10.68
9.88
ROA % 3.54
ROA ranked higher than
68.00% of 25 companies
in the Truck Manufacturing industry.
Industry Max: 11.15, Med: 4.69, Min: -20.93
SPAR: 3.54
Ranked among companies with meaningful ROA only.
ROA range over the past 10 years
Min: -7.27, Med: 1.02, Max: 5.85
Current: 3.54
-7.27
5.85
ROC (Joel Greenblatt) % 16.87
ROC (Joel Greenblatt) ranked lower than
66.67% of 24 companies
in the Truck Manufacturing industry.
Industry Max: 78.56, Med: 18, Min: -130.37
SPAR: 16.87
Ranked among companies with meaningful ROC (Joel Greenblatt) only.
ROC (Joel Greenblatt) range over the past 10 years
Min: -11.3, Med: 3.73, Max: 17.38
Current: 16.87
-11.3
17.38
3-Year Total Revenue Growth Rate 14.00
3-Year Revenue Growth Rate ranked higher than
83.33% of 24 companies
in the Truck Manufacturing industry.
Industry Max: 34.6, Med: 1.1, Min: -22.7
SPAR: 12.5
Ranked among companies with meaningful 3-Year Revenue Growth Rate only.
3-Year Revenue Growth Rate range over the past 10 years
Min: -24.3, Med: 5.2, Max: 50.8
Current: 12.5
-24.3
50.8

» SPAR's 30-Y Financials

Financials (Next Earnings Date: 2019-08-02)

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Business Description

Industry Truck Manufacturing » Truck Manufacturing    NAICS : 336120    SIC : 3711
Compare TSE:6345 TSE:7226 ATH:PETRO ASX:MXI MIC:ZILL KAR:HINO IST:KATMR TSXV:TGH NGM:MULT HKSE:01122 NYSE:WNC SZSE:300123 NYSE:HY SZSE:000951 NYSE:NAV NYSE:OSK HKSE:03808 XTER:KGX XTER:MAN NAS:PCAR
Traded in other countries SP8.Germany
Address 1541 Reynolds Road, Charlotte, MI, USA, 48813
Spartan Motors Inc is a market engineer and manufacturer in the heavy-duty, custom vehicles marketplace. The company works in three reportable segments namely Emergency Response Vehicles, Delivery and Service Vehicles, and Specialty Chassis and Vehicles. It manufactures delivery and service vehicles through Utilimaster division which designs, develops, and manufactures products to customer specifications for use in the package delivery, one-way truck rental, bakery/snack delivery, utility, and linen/uniform rental businesses. The company generates a majority of its revenue from Emergency response Vehicles.

Ratios

Current vs industry vs history
PE Ratio (TTM) 24.97
PE Ratio ranked lower than
73.91% of 23 companies
in the Truck Manufacturing industry.
Industry Max: 1045.33, Med: 14.7, Min: 7.99
SPAR: 24.97
Ranked among companies with meaningful PE Ratio only.
PE Ratio range over the past 10 years
Min: 1.55, Med: 34.89, Max: 845
Current: 24.97
1.55
845
Forward PE Ratio 15.20
Forward P/E ranked lower than
100.00% of 9 companies
in the Truck Manufacturing industry.
Industry Max: 28.82, Med: 13.07, Min: 10.13
SPAR: 15.2
Ranked among companies with meaningful Forward P/E only.
N/A
PE Ratio without NRI 24.97
PE without NRI ranked lower than
73.91% of 23 companies
in the Truck Manufacturing industry.
Industry Max: 1045.33, Med: 14.7, Min: 7.99
SPAR: 24.97
Ranked among companies with meaningful PE without NRI only.
PE without NRI range over the past 10 years
Min: 1.55, Med: 34.25, Max: 845
Current: 24.97
1.55
845
PB Ratio 1.64
PB Ratio ranked lower than
91.67% of 24 companies
in the Truck Manufacturing industry.
Industry Max: 27.03, Med: 2.16, Min: 0.73
SPAR: 1.64
Ranked among companies with meaningful PB Ratio only.
PB Ratio range over the past 10 years
Min: 0.44, Med: 1.08, Max: 3.57
Current: 1.64
0.44
3.57
PS Ratio 0.36
PS Ratio ranked higher than
52.00% of 25 companies
in the Truck Manufacturing industry.
Industry Max: 18.89, Med: 0.86, Min: 0.31
SPAR: 0.36
Ranked among companies with meaningful PS Ratio only.
PS Ratio range over the past 10 years
Min: 0.08, Med: 0.38, Max: 0.86
Current: 0.36
0.08
0.86
Price-to-Operating-Cash-Flow 59.06
Price-to-Operating-Cash-Flow ranked lower than
85.71% of 14 companies
in the Truck Manufacturing industry.
Industry Max: 32.19, Med: 10.82, Min: 4.33
SPAR: 59.06
Ranked among companies with meaningful Price-to-Operating-Cash-Flow only.
Price-to-Operating-Cash-Flow range over the past 10 years
Min: 0.84, Med: 9.78, Max: 352.31
Current: 59.06
0.84
352.31
EV-to-EBIT 19.81
EV-to-EBIT ranked lower than
78.57% of 28 companies
in the Truck Manufacturing industry.
Industry Max: 434.57, Med: 13.79, Min: 1.64
SPAR: 19.81
Ranked among companies with meaningful EV-to-EBIT only.
EV-to-EBIT range over the past 10 years
Min: -543.9, Med: 8.8, Max: 224.9
Current: 19.81
-543.9
224.9
EV-to-EBITDA 11.93
EV-to-EBITDA ranked lower than
75.86% of 29 companies
in the Truck Manufacturing industry.
Industry Max: 434.57, Med: 11.14, Min: 1.64
SPAR: 11.93
Ranked among companies with meaningful EV-to-EBITDA only.
EV-to-EBITDA range over the past 10 years
Min: -19.8, Med: 14.5, Max: 917.4
Current: 11.93
-19.8
917.4
EV-to-Revenue 0.36
EV-to-Revenue ranked higher than
63.33% of 30 companies
in the Truck Manufacturing industry.
Industry Max: 40.11, Med: 1.13, Min: 0.24
SPAR: 0.36
Ranked among companies with meaningful EV-to-Revenue only.
EV-to-Revenue range over the past 10 years
Min: 0.1, Med: 0.4, Max: 0.9
Current: 0.36
0.1
0.9
Shiller PE Ratio 106.25
Shiller PE Ratio ranked lower than
92.86% of 14 companies
in the Truck Manufacturing industry.
Industry Max: 92.08, Med: 22.99, Min: 9.27
SPAR: 106.25
Ranked among companies with meaningful Shiller PE Ratio only.
Shiller PE Ratio range over the past 10 years
Min: 4.85, Med: 14.77, Max: 154.5
Current: 106.25
4.85
154.5
Current Ratio 1.69
Current Ratio ranked higher than
66.67% of 24 companies
in the Truck Manufacturing industry.
Industry Max: 4.04, Med: 1.6, Min: 0.85
SPAR: 1.69
Ranked among companies with meaningful Current Ratio only.
Current Ratio range over the past 10 years
Min: 1.42, Med: 2.34, Max: 6.3
Current: 1.69
1.42
6.3
Quick Ratio 1.14
Quick Ratio ranked higher than
62.50% of 24 companies
in the Truck Manufacturing industry.
Industry Max: 3.6, Med: 1.07, Min: 0.43
SPAR: 1.14
Ranked among companies with meaningful Quick Ratio only.
Quick Ratio range over the past 10 years
Min: 0.55, Med: 1.31, Max: 3.76
Current: 1.14
0.55
3.76
Days Inventory 32.29
Days Inventory ranked higher than
64.00% of 25 companies
in the Truck Manufacturing industry.
Industry Max: 493.82, Med: 61.93, Min: 19.33
SPAR: 32.29
Ranked among companies with meaningful Days Inventory only.
Days Inventory range over the past 10 years
Min: 32.29, Med: 61.18, Max: 101.63
Current: 32.29
32.29
101.63
Days Sales Outstanding 43.45
Days Sales Outstanding ranked higher than
54.55% of 22 companies
in the Truck Manufacturing industry.
Industry Max: 562.65, Med: 45.89, Min: 5.95
SPAR: 43.45
Ranked among companies with meaningful Days Sales Outstanding only.
Days Sales Outstanding range over the past 10 years
Min: 34.31, Med: 38.72, Max: 47.76
Current: 43.45
34.31
47.76
Days Payable 41.29
Days Payable ranked lower than
90.00% of 20 companies
in the Truck Manufacturing industry.
Industry Max: 265.95, Med: 59.1, Min: 2
SPAR: 41.29
Ranked among companies with meaningful Days Payable only.
Days Payable range over the past 10 years
Min: 16.11, Med: 21.71, Max: 41.29
Current: 41.29
16.11
41.29

Dividend & Buy Back

Current vs industry vs history
Dividend Yield % 1.13
Trailing Dividend Yield ranked lower than
100.00% of 45 companies
in the Truck Manufacturing industry.
Industry Max: 8.08, Med: 2.26, Min: 0.16
SPAR: 1.13
Ranked among companies with meaningful Trailing Dividend Yield only.
Trailing Dividend Yield range over the past 10 years
Min: 0.57, Med: 1.81, Max: 5.7
Current: 1.13
0.57
5.7
Dividend Payout Ratio 0.29
Dividend Payout Ratio ranked higher than
50.00% of 26 companies
in the Truck Manufacturing industry.
Industry Max: 5.03, Med: 0.22, Min: 0.05
SPAR: 0.29
Ranked among companies with meaningful Dividend Payout Ratio only.
Dividend Payout Ratio range over the past 10 years
Min: 0.22, Med: 0.4, Max: 5
Current: 0.29
0.22
5
Forward Dividend Yield % 1.11
Forward Dividend Yield ranked lower than
100.00% of 47 companies
in the Truck Manufacturing industry.
Industry Max: 8.08, Med: 2.26, Min: 0.57
SPAR: 1.11
Ranked among companies with meaningful Forward Dividend Yield only.
N/A
Yield-on-Cost (5-Year) % 1.11
Yield-on-Cost (5y) ranked lower than
100.00% of 47 companies
in the Truck Manufacturing industry.
Industry Max: 40.79, Med: 2.46, Min: 0.15
SPAR: 1.11
Ranked among companies with meaningful Yield-on-Cost (5y) only.
Yield-on-Cost (5y) range over the past 10 years
Min: 0.57, Med: 1.81, Max: 5.7
Current: 1.11
0.57
5.7
3-Year Share Buyback Rate -0.90
3-Year Share Buyback Rate ranked lower than
54.55% of 11 companies
in the Truck Manufacturing industry.
Industry Max: 5.9, Med: -0.6, Min: -9
SPAR: -0.9
Ranked among companies with meaningful 3-Year Share Buyback Rate only.
3-Year Share Buyback Rate range over the past 10 years
Min: -8, Med: -1, Max: 5.2
Current: -0.9
-8
5.2

Valuation & Return

Current vs industry vs history
Price-to-Tangible-Book 2.13
Price-to-Tangible-Book ranked lower than
77.27% of 22 companies
in the Truck Manufacturing industry.
Industry Max: 40.94, Med: 2.61, Min: 0.74
SPAR: 2.13
Ranked among companies with meaningful Price-to-Tangible-Book only.
Price-to-Tangible-Book range over the past 10 years
Min: 0.62, Med: 1.95, Max: 8.22
Current: 2.13
0.62
8.22
Price-to-Projected-FCF 1.28
Price-to-Intrinsic-Value-Projected-FCF ranked lower than
80.00% of 15 companies
in the Truck Manufacturing industry.
Industry Max: 9.14, Med: 1.51, Min: 0.7
SPAR: 1.28
Ranked among companies with meaningful Price-to-Intrinsic-Value-Projected-FCF only.
Price-to-Intrinsic-Value-Projected-FCF range over the past 10 years
Min: 0.43, Med: 1.38, Max: 15.87
Current: 1.28
0.43
15.87
Price-to-Median-PS-Value 0.92
Price-to-Median-PS-Value ranked lower than
80.95% of 21 companies
in the Truck Manufacturing industry.
Industry Max: 22.49, Med: 1.23, Min: 0.54
SPAR: 0.92
Ranked among companies with meaningful Price-to-Median-PS-Value only.
Price-to-Median-PS-Value range over the past 10 years
Min: 0.29, Med: 1.25, Max: 5.13
Current: 0.92
0.29
5.13
Price-to-Graham-Number 1.54
Price-to-Graham-Number ranked lower than
78.95% of 19 companies
in the Truck Manufacturing industry.
Industry Max: 43.56, Med: 1.68, Min: 0.51
SPAR: 1.54
Ranked among companies with meaningful Price-to-Graham-Number only.
Price-to-Graham-Number range over the past 10 years
Min: 0.24, Med: 1.75, Max: 6.47
Current: 1.54
0.24
6.47
Earnings Yield (Joel Greenblatt) % 5.05
Earnings Yield (Greenblatt) ranked lower than
75.86% of 29 companies
in the Truck Manufacturing industry.
Industry Max: 60.98, Med: 7.25, Min: -31.25
SPAR: 5.05
Ranked among companies with meaningful Earnings Yield (Greenblatt) only.
Earnings Yield (Greenblatt) range over the past 10 years
Min: -18.7, Med: 2.95, Max: 75.6
Current: 5.05
-18.7
75.6
Forward Rate of Return (Yacktman) % -27.58
Forward Rate of Return ranked lower than
95.00% of 20 companies
in the Truck Manufacturing industry.
Industry Max: 24.65, Med: 4.08, Min: -36.06
SPAR: -27.58
Ranked among companies with meaningful Forward Rate of Return only.
Forward Rate of Return range over the past 10 years
Min: -40.1, Med: -13.8, Max: 23.6
Current: -27.58
-40.1
23.6

More Statistics

Revenue (TTM) (Mil) $ 877.09
EPS (TTM) $ 0.35
Beta 1.81
Volatility % 65.58
52-Week Range $ 6.7 - 16.93
Shares Outstanding (Mil) 35.35

Analyst Estimate

Piotroski F-Score Details

Piotroski F-Score 3
Positive ROA Y
Positive CFROA Y
Higher ROA yoy N
CFROA > ROA N
Lower Leverage yoy N
Higher Current Ratio yoy N
Less Shares Outstanding yoy N
Higher Gross Margin yoy N
Higher Asset Turnover yoy Y