HYSTER-YALE, Inc. (HY) intrinsic value & 10-year financials
HYSTER-YALE, Inc. (HY) has a Graham intrinsic value of $119.31 per share. At $29.21 on Oct 17, 2026, the stock trades 76% below that value. Over the last 10 fiscal years revenue grew 4.3% a year to $3.8B, with an average return on invested capital of 5.4%.
- Graham intrinsic value
- $119.31
- Share price (Oct 17, 2026)
- $29.21
- Price vs Graham value
- 76% below
- Market cap
- $516.1M
- Revenue (FY2025)
- $3.8B
- Revenue growth (10-yr CAGR)
- 4.3%
- ROIC (10-yr avg)
- 5.4%
- Free cash flow (FY2025)
- $23.6M
HY 10-year financial history
| Fiscal year | Revenue | Net income | EPS (diluted) | Free cash flow | Operating margin | ROIC |
|---|---|---|---|---|---|---|
| FY2025 | $3.8B | -$60.1M | -$3.40 | $23.6M | -0.6% | -3.6% |
| FY2024 | $4.3B | $142.3M | $8.04 | $122.9M | 5.7% | 27.4% |
| FY2023 | $4.1B | $125.9M | $7.24 | $115.3M | 5.1% | 30.5% |
| FY2022 | $3.5B | -$74.1M | -$4.38 | $11.8M | -1.1% | -8.1% |
| FY2021 | $3.1B | -$173.0M | -$10.29 | -$297.8M | -5.0% | -24.9% |
| FY2020 | $2.8B | $37.1M | $2.21 | $115.2M | 1.8% | 6.7% |
| FY2019 | $3.3B | $35.8M | $2.14 | $27.0M | 1.6% | 6.1% |
| FY2018 | $3.2B | $34.7M | $2.09 | $28.8M | 1.2% | 6.0% |
| FY2017 | $2.9B | $48.6M | $2.94 | $123.7M | 2.6% | 7.4% |
| FY2016 | $2.6B | $42.8M | $2.61 | -$91.6M | 1.4% | 6.9% |
Source: annual 10-K filings on SEC EDGAR. Figures in USD.
Executive summary
HYSTER-YALE, INC. has demonstrated mature, steady growth, with revenue compounding at 4.3% annually over the past decade.
HYSTER-YALE, INC. has historically struggled to out-earn its cost of capital, averaging just 5.4% ROIC.
Over the decade, HYSTER-YALE, INC. shows that the company has leveraged its balance sheet to sustain operations.
Benjamin Graham lens
Under Benjamin Graham's formula using SEC EDGAR fundamentals, HYSTER-YALE, INC. is modeled at 4.3% normalized earnings growth with a 5.1% bond-yield adjustment. The resulting Graham intrinsic value estimate is $119.31 per share.