Columbus McKinnon Corporation (CMCO) Valuation

Valuation

Model-based estimates, not advice. The DCF is the discounted-cash-flow value per share; compare it with the price, not as a target.

DCF fair value

+38.8%

$21.87

vs $15.76 price

Levered DCF

-$60.42

After debt service

Piotroski score

3 / 9

Weak

Altman Z-score

0.51

Distress zone

Rating

C+

Overall 2 / 5

Ratios by fiscal year

Margins and yields are shares of revenue, equity or price; multiples are ×.

Metric	FY2026	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019
P/E	-1.96×	-94.06×	26.6×	21.99×	40×	138.84×	9.88×	19.28×
P/B	0.29×	0.55×	1.4×	1.27×	1.54×	2.38×	1.27×	1.91×
P/S	0.35×	0.51×	1.22×	1.14×	1.31×	1.94×	0.73×	0.94×
EV / EBITDA	-41.12×	12.96×	11.85×	10.19×	16.55×	26.69×	6.34×	10.12×
Gross margin	30.1%	33.8%	37.0%	36.5%	34.8%	33.9%	35.0%	34.8%
Operating margin	-1.9%	5.7%	10.6%	10.5%	8.1%	6.5%	11.1%	7.9%
Net margin	-19.2%	-0.5%	4.6%	5.2%	3.3%	1.4%	7.4%	4.9%
Current ratio	2.02×	1.81×	1.96×	2.05×	1.87×	2.4×	2.46×	1.72×
Debt / equity	1.72×	0.61×	0.68×	0.63×	0.7×	0.54×	0.63×	0.7×
Interest coverage	-0.37×	1.68×	2.82×	3.5×	3.67×	3.5×	6.31×	4.05×
Dividend yield	1.9%	1.7%	0.6%	0.8%	0.6%	0.5%	1.0%	0.6%
Payout ratio	-3.5%	-156.5%	17.3%	16.5%	22.1%	63.0%	9.5%	10.9%

Key metrics by fiscal year

Metric	FY2026	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019
Return on equity	-15.8%	-0.6%	5.3%	5.8%	3.8%	1.7%	12.9%	9.9%
Return on invested capital	-0.5%	3.3%	5.0%	4.2%	3.8%	3.9%	7.3%	6.1%
Return on assets	-4.8%	-0.3%	2.6%	2.9%	1.8%	0.8%	5.5%	4.0%
Free cash flow yield	-39.3%	5.0%	3.4%	6.7%	3.0%	6.9%	16.5%	8.2%
Earnings yield	-55.0%	-1.1%	3.8%	4.6%	2.5%	0.7%	10.1%	5.2%
Enterprise value	$2.8B	$973.5M	$1.7B	$1.5B	$1.6B	$1.3B	$765.9M	$1.1B
Net debt / EBITDA	-35.01×	6.48×	3.34×	2.75×	4.38×	1.63×	1.45×	2.21×
Cash conversion cycle (days)	309	123	121	122	110	96	104	117