HY
Hyster-Yale, Inc.

Hyster-Yale, Inc.HY

Industrials · Farm & Heavy Construction Machinery
28.41USD
+5.42%
Nov 09, 2026
HY overview ready
Global supplier of automated and electrified lift trucks and attachments
Global manufacturer of Hyster and Yale lift trucks, Bolzoni attachments, aftermarket parts and services, fleet-management offerings, and energy and vehicle-automation solutions for materials-handling customers.
Theme not measured
Engines & Heavy Machinery has no leadership state this session.
Price trend is broken
Longer-term context reads damaged structure, with a near-term setup of distribution pressure.
The tactical setup reads distribution pressure, but the weekly structure is broken.
Fair valuation
The price broadly reflects the cash the business actually produces, with upside and risk reasonably balanced.
Solid fundamentals
Free cash flow yield is strong.
Primary risk
Cyclical demand fluctuations in industrial and logistics sectors.
Market Nov 6Price action Nov 8Research Sep 5

Conviction Level

Theme Momentum has no canonical measurement for this company — a research-profile dimension, not an input to this score.

PriceAction3.4BusinessPerformance—BusinessQuality5.1Valuation3.5ThemeMomentum—A revenue trend needs at least three unbroken comparable quarters, so none is read here.

Conviction uses Price Action, Business Performance, Business Quality, Valuation. Theme Momentum is research context, not an input.

Theme momentumPrimary theme · group context, not entry timing
Engines & Heavy Machinery — Engines & Heavy Machinery is tracked (3–4 priced members) — too few for a leadership state
Its economic family, Industrials & Infrastructure, reads Improving (+8.8pp vs SPY) — the family’s reading, not this theme’s.
Price
Loading price history…

Price Action

Price trend is broken
Longer-term context reads damaged structure, with a near-term setup of distribution pressure.
The tactical setup reads distribution pressure, but the weekly structure is broken.
EntryWeak / unconfirmed recovery

The daily chart may be improving, but the weekly fast averages have not been reclaimed — the recovery is not yet confirmed on the higher timeframe.

Key Financials

Market Cap
$509.4M
Avg Volume (60D)
139.4K
60 sessions
Revenue Growth YoY
-14.2%
Trailing twelve months
Gross Margin
+15.1%
Operating Margin
-1.8%
Trailing twelve months
Free Cash Flow Yield
+11.9%
Distance from 200DMA
-15.9%
P/E
N/M
EV / Sales
0.3x
Market metrics as of Nov 8, 2026

Business Performance

Insufficient evidence

A revenue trend needs at least three unbroken comparable quarters, so none is read here.

Latest reported: Q3 FY2026, ended Sep 30
Revenue growthNot enough data
—
— in Q3 FY2026 · no comparable year-ago quarter
Not enough comparable quarters for a YoY sequence.
Earnings growthLoss widening
-$0.83
Diluted EPS -$0.83 vs -$0.13 a year earlier · GAAP
Too few comparable EPS quarters: a loss or a turn to profit has no meaningful percentage.
Operating marginNot enough data
—
No year-ago comparison

Business Quality

5.1 / 10

How well the business earns on its assets, converts earnings to cash and funds itself — read from its SEC filings.

Fundamentals & Valuation

0 of the one valuation perspectives say fair; intrinsic is the dissenting view.
Hyster-Yale, Inc. has a Fair valuation stance because the price broadly reflects the cash the business actually produces, with upside and risk reasonably balanced. It trades at 0.3x revenue, broadly in line with what the business currently supports.

Company Research

Thesis
Global manufacturer of Hyster and Yale lift trucks, Bolzoni attachments, aftermarket parts and services, fleet-management offerings, and energy and vehicle-automation solutions for materials-handling customers. HY has a genuine but incomplete fit to the warehouse-productivity modernization story.
Opportunity
Moderate opportunity
Warehouse, logistics, manufacturing and port operators are investing in automated and lower-emission material-moving fleets to reduce labor intensity, improve throughput and safety, and lower operating costs.
Key risk
Cyclical demand fluctuations in industrial and logistics sectors.

Economic classification

Loading the economic classification…

Business & Markets

Industrials · Farm & Heavy Construction Machinery
What they do

Hyster-Yale, Inc. designs, manufactures, and assembles lift trucks and related components, marketing them globally through independent retail dealerships under multiple brands. It also provides attachments, parts, fleet management services, and energy and automation solutions for material handling.

How it earns

Primarily transactional sales of equipment, parts, and services to dealerships and end customers.

Products & services
Lift trucks
Lift truck attachments
Aftermarket parts
Fleet management services
Energy and vehicle-automation solutions
Customers & end markets
Warehouse operators
Logistics companies
Manufacturing facilities
Port operators
Market position

Global manufacturer with established brands serving a broad industrial materials-handling market.

Demand drivers
Medium cyclicality

Demand is influenced by industrial activity and capital spending cycles in logistics, manufacturing, and construction sectors.