PLOW Valuation

Douglas Dynamics Inc

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33.850

+1.24(3.803%)1D

Overview
Forecast
Valuation
Earnings

PLOW Relative Valuation

PLOW's fair value is calculated using relative valuation, based on historical P/E and P/S ranges and their premiums/discounts relative to a competitor average, adjusted by weights. If the market price exceeds this fair value range, PLOW is overvalued; if below, it's undervalued.

Historical Valuation

Douglas Dynamics Inc (PLOW) is now in the Fair zone, suggesting that its current forward PE ratio of 15.63 is considered Fairly compared with the five-year average of 19.63. The fair price of Douglas Dynamics Inc (PLOW) is between 31.11 to 53.21 according to relative valuation methord.

Relative Value

Fair Zone

31.11-53.21

Current Price：33.85

Fair

15.63

Trailing

Forward

10.75

EV/EBITDA

Douglas Dynamics Inc. (PLOW) has a current EV/EBITDA of 10.75. The 5-year average EV/EBITDA is 11.71. The thresholds are as follows: Strongly Undervalued below 6.84, Undervalued between 6.84 and 9.28, Fairly Valued between 14.14 and 9.28, Overvalued between 14.14 and 16.57, and Strongly Overvalued above 16.57. The current Forward EV/EBITDA of 10.75 falls within the Historic Trend Line -Fairly Valued range.

13.57

EV/EBIT

Douglas Dynamics Inc. (PLOW) has a current EV/EBIT of 13.57. The 5-year average EV/EBIT is 16.53. The thresholds are as follows: Strongly Undervalued below 8.71, Undervalued between 8.71 and 12.62, Fairly Valued between 20.45 and 12.62, Overvalued between 20.45 and 24.36, and Strongly Overvalued above 24.36. The current Forward EV/EBIT of 13.57 falls within the Historic Trend Line -Fairly Valued range.

1.12

Douglas Dynamics Inc. (PLOW) has a current PS of 1.12. The 5-year average PS is 1.28. The thresholds are as follows: Strongly Undervalued below 0.58, Undervalued between 0.58 and 0.93, Fairly Valued between 1.63 and 0.93, Overvalued between 1.63 and 1.98, and Strongly Overvalued above 1.98. The current Forward PS of 1.12 falls within the Historic Trend Line -Fairly Valued range.

11.65

P/OCF

Douglas Dynamics Inc. (PLOW) has a current P/OCF of 11.65. The 5-year average P/OCF is 13.40. The thresholds are as follows: Strongly Undervalued below 1.00, Undervalued between 1.00 and 7.20, Fairly Valued between 19.60 and 7.20, Overvalued between 19.60 and 25.80, and Strongly Overvalued above 25.80. The current Forward P/OCF of 11.65 falls within the Historic Trend Line -Fairly Valued range.

14.53

P/FCF

Douglas Dynamics Inc. (PLOW) has a current P/FCF of 14.53. The 5-year average P/FCF is 18.12. The thresholds are as follows: Strongly Undervalued below -6.45, Undervalued between -6.45 and 5.83, Fairly Valued between 30.40 and 5.83, Overvalued between 30.40 and 42.68, and Strongly Overvalued above 42.68. The current Forward P/FCF of 14.53 falls within the Historic Trend Line -Fairly Valued range.

Douglas Dynamics Inc (PLOW) has a current Price-to-Book (P/B) ratio of 2.75. Compared to its 3-year average P/B ratio of 2.76 , the current P/B ratio is approximately -0.54% higher. Relative to its 5-year average P/B ratio of 3.41, the current P/B ratio is about -19.30% higher. Douglas Dynamics Inc (PLOW) has a Forward Free Cash Flow (FCF) yield of approximately 5.01%. Compared to its 3-year average FCF yield of 4.08%, the current FCF yield is approximately 22.92% lower. Relative to its 5-year average FCF yield of 4.26% , the current FCF yield is about 17.57% lower.

2.75

P/B

Median3y

2.76

Median5y

3.41

5.01

FCF Yield

Median3y

4.08

Median5y

4.26

Competitors Valuation Multiple

The average P/S ratio for PLOW's competitors is 0.51, providing a benchmark for relative valuation. Douglas Dynamics Inc Corp (PLOW) exhibits a P/S ratio of 1.12, which is 120.80% above the industry average. Given its robust revenue growth of -2.79%, this premium appears unsustainable.

P/S

P/E

EV/EBITDA

EV/EBIT

P/S

Revenue Growth

Market Cap

Columbus McKinnon Corp

Manitowoc Company Inc

Performance Decomposition

Market capitalization of PLOW increased by 25.85% over the past 1 year. The primary factor behind the change was an increase in P/E Change from 9.88 to 11.74.

The secondary factor is the Margin Expansion, contributed 9.78%to the performance.

Overall, the performance of PLOW in the past 1 year is driven by P/E Change. Which is more unsustainable.

-2.79%

199.90M → 194.33M

Revenue Growth

9.78%

12.17 → 13.36

Margin Expansion

18.86%

9.88 → 11.74

P/E Change

25.85%