Head-to-Head Survey: Commercial Vehicles Group (NASDAQ: CVGI) and Patrick Industries (NASDAQ: PATK)
Utility Vehicle Group (NASDAQ: CVGI – Get a rating) and Patrick Industries (NASDAQ: PATK – Get a rating) are both small cap auto/tire/truck companies, but which is the superior business? We’ll compare the two companies based on valuation strength, profitability, analyst recommendations, institutional ownership, earnings, dividends and risk.
Valuation and benefits
This table compares the gross revenue, earnings per share (EPS) and valuation of Commercial Vehicle Group and Patrick Industries.
|Gross revenue||Price/sales ratio||Net revenue||Earnings per share||Price/earnings ratio|
|Commercial Vehicle Group||$971.58 million||0.24||$23.73 million||$0.73||9.88|
|patrick industries||$4.08 billion||0.39||$224.91 million||$12.13||5.56|
Patrick Industries has higher revenue and profit than Commercial Vehicle Group. Patrick Industries trades at a lower price-to-earnings ratio than Commercial Vehicle Group, indicating that it is currently the more affordable of the two stocks.
This is a breakdown of the current recommendations for Commercial Vehicle Group and Patrick Industries, as reported by MarketBeat.
|Sales Ratings||Hold odds||Buy reviews||Strong buy odds||Rating|
|Commercial Vehicle Group||0||0||2||0||3.00|
The commercial vehicle group currently has a consensus price target of $15.00, suggesting a potential upside of 108.04%. Patrick Industries has a consensus price target of $82.25, suggesting a potential upside of 21.89%. Given Commercial Vehicle Group’s better consensus rating and likely higher upside, equity research analysts clearly believe Commercial Vehicle Group is more favorable than Patrick Industries.
Risk and Volatility
Commercial Vehicle Group has a beta of 3.26, indicating its stock price is 226% more volatile than the S&P 500. In comparison, Patrick Industries has a beta of 1.95, indicating its stock price is 95 % more volatile than the S&P 500.
Insider and Institutional Ownership
59.5% of Commercial Vehicle Group shares are held by institutional investors. By comparison, 94.9% of Patrick Industries shares are held by institutional investors. 3.4% of the shares of Commercial Vehicle Group are held by insiders of the company. By comparison, 6.1% of the shares of Patrick Industries are held by insiders of the company. Strong institutional ownership indicates that hedge funds, large money managers, and endowments believe a company is poised for long-term growth.
This table compares the net margins, return on equity and return on assets of Commercial Vehicle Group and Patrick Industries.
|Net margins||Return on equity||return on assets|
|Commercial Vehicle Group||2.44%||27.54%||6.18%|
Patrick Industries beats Commercial Vehicle Group on 10 of the 14 factors compared between the two stocks.
Commercial Vehicle Group Company Profile (Get a rating)
Commercial Vehicle Group, Inc., together with its subsidiaries, designs, manufactures, produces and sells components and assemblies in North America, Europe and the Asia-Pacific regions. It operates in four segments: Vehicle Solutions, Warehouse Automation, Electrical Systems, and Aftermarket and Accessories. The company offers electrical wiring harness assemblies that function as current-carrying devices by providing electrical interconnects for gauges, lights, control functions, power circuits, powertrain and transmission sensors , emissions systems and other electronic applications on commercial and other vehicles; and panel assemblies. It also offers electromechanical assemblies, such as box constructions, complex automated and robotic assemblies, and large multi-cabinet control cabinets with power distribution and wiring; vinyl or fabric-covered appliqués, armrests, card compartments and sound-absorbing insulation; Dashboards; and plastic decorative and finishing products. In addition, it provides cabin structures; designer products, including armrests, grab handles, storage systems, flooring, floor mats, bunk beds, headliners, wall panels and privacy curtains; and mirrors, wipers and controls used in commercial, military and specialty recreational vehicles. In addition, it offers seats and seat systems, such as mechanical and air suspension, static and military seats and buses, as well as seats for medium and heavy trucks (MD/HD trucks); products for office chairs; and seats, parts and components for the aftermarket. The company provides its products and systems for the commercial vehicle market comprising the MD/HD truck market; and the MD/HD truck, bus, construction, mining, agricultural, military, industrial, municipal, off-road recreational and specialty vehicle markets. Commercial Vehicle Group, Inc. was incorporated in 2000 and is headquartered in New Albany, Ohio.
Patrick Industries Company Profile (Get a rating)
Patrick Industries, Inc. manufactures and distributes components, building products and materials for the recreational vehicle, marine, manufactured housing and industrial markets in the United States, China and Canada. Its Manufacturing segment manufactures and sells furniture, shelves, walls, counters and cabinets; cabinet door, fiberglass bath fixture and tiling system; hardwood furniture, vinyl printing, amplifiers, tower speakers, soundbars and subwoofers; manufacture of solid surface, granite and quartz countertops; aluminum product; fiberglass and plastic components; VR painting; vinyl and paper laminated decorative panels; softwood lumber; custom cabinet; polymer-based flooring product; dashboard panels; and other products. This segment also provides wrapped vinyl, paper and hardwood profile moldings; interior passage doors; air treatment products; sliding trim and fairing; treated, untreated and laminated plywood; fiberglass and plastic helm systems and components; boat covers, tower, top and frame; adhesives and sealants; thermoformed shower surrounds; specialized products for the construction of bathrooms and closets; wiring and wire harnesses; aluminum and plastic fuel tanks; CNC molds, composite part, marine hardware; grooved panels, components; and other products. The Company’s Distribution segment distributes prefinished wall and ceiling panels, drywall and trim products, electronic components, audio system components, household appliances, marine accessories, wiring products, electrical products and plumbing, fiber-reinforced polyester products; cement siding product, raw and processed wood, interior walkway, roofing, laminate and ceramic flooring, shower door, furniture, fireplace and surround, interior and exterior lighting product and other products. This segment also offers transportation and logistics services. The company was founded in 1959 and is based in Elkhart, Indiana.
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