Art's-Way Manufacturing Co., Inc. (ARTW) Financial Ratios
30 years of historical data (1995–2024) · Industrials · Agricultural - Machinery
EV/EBITDA
↑
40.10
↑+128% vs avg
5yr avg: 17.61
30Y Low5.6·High77.9
P/FCF
7.13
↑+58% vs avg
5yr avg: 4.52
30Y Low2.7·High48.0
P/B Ratio
↓
1.09
+8% vs avg
5yr avg: 1.01
30Y Low0.7·High4.6
ROE
↑
2.6%
↓+213% vs avg
5yr avg: -2.3%
30Y Low-82%·High42%
Debt/EBITDA
↑
10.46
↑+61% vs avg
5yr avg: 6.50
30Y Low0.3·High26.9
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
ARTW Valuation Multiples
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
Art's-Way Manufacturing Co., Inc. trades at 43.1x earnings, 27% below its 5-year average of 58.7x, sitting at the 89th percentile of its historical range. Compared to the Industrials sector median P/E of 25.5x, the stock trades at a premium of 69%. On a free-cash-flow basis, the stock trades at 7.1x P/FCF, 58% above the 5-year average of 4.5x.
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $14M | $9M | $10M | $9M | $16M | $11M | $8M | $10M | $11M | $13M | $12M |
| Enterprise Value | $18M | $13M | $18M | $17M | $23M | $16M | $13M | $16M | $16M | $19M | $22M |
| P/E Ratio → | 43.09 | 27.96 | 38.58 | 93.27 | 75.16 | — | — | — | — | — | — |
| P/S Ratio | 0.55 | 0.35 | 0.34 | 0.36 | 0.64 | 0.49 | 0.34 | 0.51 | 0.54 | 0.62 | 0.47 |
| P/B Ratio | 1.09 | 0.71 | 0.89 | 0.82 | 1.54 | 1.10 | 0.67 | 0.77 | 0.70 | 0.76 | 0.67 |
| P/FCF | 7.13 | 4.52 | — | — | — | — | 21.82 | — | 47.95 | 6.32 | 267.98 |
| P/OCF | 5.16 | 3.27 | — | 9.60 | — | — | 9.74 | — | 15.00 | 5.59 | 43.27 |
P/E links to full P/E history page with 30-year chart
ARTW EV Ratios
Enterprise-value multiples — capital-structure-neutral measures of total business value
Art's-Way Manufacturing Co., Inc.'s enterprise value stands at 40.1x EBITDA, 128% above its 5-year average of 17.6x. The Industrials sector median is 13.8x, placing the stock at a 190% premium on an enterprise-value basis.
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 0.55 | 0.61 | 0.64 | 0.92 | 0.72 | 0.56 | 0.83 | 0.79 | 0.87 | 0.83 |
| EV / EBITDA | 40.10 | 29.23 | 7.90 | 13.06 | 20.25 | — | — | — | — | 77.89 | 25.57 |
| EV / EBIT | 39.82 | 28.82 | 10.99 | 19.56 | 39.66 | — | — | — | — | — | — |
| EV / FCF | — | 7.03 | — | — | — | — | 35.71 | — | 70.28 | 8.89 | 473.64 |
ARTW Profitability
Margins and return-on-capital ratios measuring operating efficiency
Art's-Way Manufacturing Co., Inc. earns an operating margin of 1.9%, below the Industrials sector average of 4.3%. ROE of 2.6% is modest, trailing the sector median of 8.2%. ROIC of 1.9% represents below-average returns on invested capital versus a sector median of 6.1%.
Margins
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 29.8% | 29.8% | 28.3% | 27.1% | 26.4% | 10.7% | 17.2% | 17.8% | 19.7% | 24.7% | 26.3% |
| Operating Margin | 1.9% | 1.9% | 5.1% | 2.4% | 2.1% | -17.4% | -6.5% | -15.7% | -8.3% | -2.0% | -0.3% |
| Net Profit Margin | 1.3% | 1.3% | 0.9% | 0.4% | 0.9% | -9.4% | -6.2% | -16.9% | -6.6% | -2.0% | -2.1% |
Return on Capital
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 2.6% | 2.6% | 2.3% | 0.9% | 2.1% | -19.4% | -11.4% | -23.0% | -8.2% | -2.4% | -3.0% |
| ROA | 1.3% | 1.3% | 1.1% | 0.4% | 1.1% | -11.0% | -7.0% | -14.6% | -5.3% | -1.5% | -1.7% |
| ROIC | 1.9% | 1.9% | 6.0% | 2.5% | 2.4% | -18.4% | -6.2% | -11.5% | -5.9% | -1.3% | -0.2% |
| ROCE | 3.1% | 3.1% | 10.3% | 4.3% | 4.1% | -29.2% | -10.1% | -17.7% | -8.7% | -2.0% | -0.3% |
ARTW Leverage & Debt
Solvency and debt-coverage ratios — lower is generally safer
Art's-Way Manufacturing Co., Inc. carries a Debt/EBITDA ratio of 10.5x, which is highly leveraged (226% above the sector average of 3.2x). Net debt stands at $5M ($5M total debt minus $1860 cash). Interest coverage of just 0.8x is concerning — the company has limited headroom to absorb earnings volatility before struggling with debt service.
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.40 | 0.40 | 0.70 | 0.66 | 0.68 | 0.52 | 0.43 | 0.48 | 0.34 | 0.37 | 0.54 |
| Debt / EBITDA | 10.46 | 10.46 | 3.49 | 5.85 | 6.19 | — | — | — | — | 26.94 | 11.63 |
| Net Debt / Equity | — | 0.40 | 0.70 | 0.66 | 0.68 | 0.52 | 0.42 | 0.48 | 0.33 | 0.31 | 0.51 |
| Net Debt / EBITDA | 10.45 | 10.45 | 3.49 | 5.85 | 6.19 | — | — | — | — | 22.52 | 11.10 |
| Debt / FCF | — | 2.51 | — | — | — | — | 13.89 | — | 22.33 | 2.57 | 205.65 |
| Interest Coverage | 0.77 | 0.77 | 2.60 | 1.50 | 1.67 | -12.83 | -4.18 | -10.16 | -5.39 | -1.74 | -0.25 |
ARTW Liquidity & Efficiency
Short-term solvency ratios and asset-utilisation metrics
A current ratio of 1.98x means Art's-Way Manufacturing Co., Inc. can comfortably meet its short-term obligations, though there is limited excess liquidity. The quick ratio of 0.42x is notably lower than the current ratio, indicating a significant portion of current assets is tied up in inventory. The current ratio has improved from 1.53x to 1.98x over the past 3 years.
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 1.98 | 1.98 | 1.61 | 1.53 | 1.58 | 1.67 | 2.19 | 2.11 | 2.86 | 2.50 | 2.72 |
| Quick Ratio | 0.42 | 0.42 | 0.43 | 0.38 | 0.39 | 0.41 | 0.51 | 0.33 | 0.49 | 0.58 | 0.58 |
| Cash Ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.04 | 0.15 | 0.06 |
| Asset Turnover | — | 1.15 | 1.24 | 1.07 | 1.20 | 1.19 | 1.18 | 0.93 | 0.85 | 0.79 | 0.84 |
| Inventory Turnover | 1.66 | 1.66 | 1.97 | 1.76 | 1.99 | 2.58 | 2.16 | 1.58 | 1.39 | 1.20 | 1.33 |
| Days Sales Outstanding | — | 38.53 | 44.86 | 38.74 | 41.53 | 40.31 | 40.74 | 32.55 | 34.81 | 30.38 | 33.76 |
ARTW Shareholder Yields
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Art's-Way Manufacturing Co., Inc. returns 0.3% to shareholders annually primarily through share buybacks. The earnings yield of 2.3% (inverse of P/E) provides a useful comparison to bond yields when assessing the stock's relative attractiveness to fixed income.
Dividends
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | — | — | — | — | — | — | — | — | — | — | 1.6% |
| Payout Ratio | — | — | — | — | — | — | — | — | — | — | — |
Total Shareholder Return Metrics
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 2.3% | 3.6% | 2.6% | 1.1% | 1.3% | — | — | — | — | — | — |
| FCF Yield | 14.0% | 22.1% | — | — | — | — | 4.6% | — | 2.1% | 15.8% | 0.4% |
| Buyback Yield | 0.3% | 0.4% | 0.7% | 1.0% | 0.2% | 0.3% | 0.2% | 0.2% | 0.1% | 0.0% | 0.0% |
| Total Shareholder Yield | 0.3% | 0.4% | 0.7% | 1.0% | 0.2% | 0.3% | 0.2% | 0.2% | 0.1% | 0.0% | 1.6% |
| Shares Outstanding | — | $5M | $5M | $5M | $5M | $4M | $4M | $4M | $4M | $4M | $4M |
Peer Comparison
Compare ARTW with 10 similar companies in its peer group
| Company | Market Cap | P/E | EV/EBITDA | P/FCF | Gross Margin | Op Margin | ROE | ROIC | Debt/EBITDA |
|---|---|---|---|---|---|---|---|---|---|
 ARTWYou | $14M | 43.1 | 40.1 | 7.1 | 29.8% | 1.9% | 2.6% | 1.9% | 10.5 |
 LEGH | $580M | 14.0 | 11.4 | 20.6 | 47.4% | 29.4% | 8.2% | 7.1% | 0.1 |
 TWIN | $321M | -159.1 | 14.3 | 36.4 | 27.2% | 2.9% | -1.2% | 3.9% | 2.0 |
 AGCO | $8B | 11.7 | 9.8 | 11.1 | 24.8% | 6.9% | 16.9% | 8.3% | 2.6 |
 CNH | $13B | 25.3 | 10.7 | 6.5 | 31.4% | 15.4% | 6.5% | 6.6% | 7.9 |
 DE | $162B | 32.4 | 20.4 | 50.0 | 36.5% | 18.8% | 20.5% | 7.8% | 6.0 |
 LNN | $1B | 17.2 | 10.1 | 13.5 | 31.2% | 13.0% | 14.6% | 15.7% | 1.3 |
 ASTE | $1B | 34.4 | 15.5 | 61.8 | 26.5% | 4.6% | 5.9% | 6.2% | 3.1 |
 NTR | $30B | 13.1 | 6.6 | 14.7 | 31.0% | 14.5% | 9.3% | 8.0% | 2.0 |
 MOS | $7B | 12.9 | 5.4 | — | 15.1% | 8.7% | 4.5% | 4.8% | 2.4 |
 CF | $16B | 11.5 | 5.5 | 8.8 | 38.5% | 33.4% | 18.9% | 18.7% | 1.2 |
| Industrials Median | — | 25.5 | 13.8 | 20.0 | 32.0% | 4.3% | 8.2% | 6.1% | 3.2 |
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Includes 30+ ratios · 30 years · Updated daily
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ARTW — Frequently Asked Questions
Quick answers to the most common questions about buying ARTW stock.
What is Art's-Way Manufacturing Co., Inc.'s P/E ratio?
Art's-Way Manufacturing Co., Inc.'s current P/E ratio is 43.1x. The historical average is 25.7x. This places it at the 89th percentile of its historical range.
What is Art's-Way Manufacturing Co., Inc.'s EV/EBITDA?
Art's-Way Manufacturing Co., Inc.'s current EV/EBITDA is 40.1x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 16.3x.
What is Art's-Way Manufacturing Co., Inc.'s ROE?
Art's-Way Manufacturing Co., Inc.'s return on equity (ROE) is 2.6%. The historical average is -0.2%.
Is ARTW stock overvalued?
Based on historical data, Art's-Way Manufacturing Co., Inc. is trading at a P/E of 43.1x. This is at the 89th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
What are Art's-Way Manufacturing Co., Inc.'s profit margins?
Art's-Way Manufacturing Co., Inc. has 29.8% gross margin and 1.9% operating margin.
How much debt does Art's-Way Manufacturing Co., Inc. have?
Art's-Way Manufacturing Co., Inc.'s Debt/EBITDA ratio is 10.5x, indicating high leverage. A ratio above 4x may signal elevated financial risk.