Compare The Shyft Group, Inc. with Similar Stocks
Dashboard
1
Strong ability to service debt as the company has a low Debt to EBITDA ratio of 2.16 times
2
Poor long term growth as Net Sales has grown by an annual rate of -2.37% over the last 5 years
3
Flat results in Mar 25
4
With ROCE of 2.98%, it has a attractive valuation with a 1.38 Enterprise value to Capital Employed
5
High Institutional Holdings at 100%
Total Returns (Price + Dividend) 
TimePeriod
Price Return
Dividend Return
Total Return
3 Months
36.16%
0%
36.16%
6 Months
-1.65%
0%
-1.65%
1 Year
-0.79%
0%
-0.79%
2 Years
-52.16%
0%
-52.16%
3 Years
-41.48%
0%
-41.48%
4 Years
-69.34%
0%
-69.34%
5 Years
-25.73%
0%
-25.73%
The Shyft Group, Inc. for the last several years.
Risk Adjusted Returns v/s 
News
No Recent News for the Company
Announcements 
No announcement available
Corporate Actions 
No corporate action available
Quality key factors 
Factor
Value
Sales Growth (5y)
-2.37%
EBIT Growth (5y)
-25.56%
EBIT to Interest (avg)
27.08
Debt to EBITDA (avg)
2.16
Net Debt to Equity (avg)
0.58
Sales to Capital Employed (avg)
2.51
Tax Ratio
43.70%
Dividend Payout Ratio
0
Pledged Shares
0
Institutional Holding
100.00%
ROCE (avg)
13.23%
ROE (avg)
12.88%
Valuation key factors
Factor
Value
P/E Ratio
92
Industry P/E
Price to Book Value
1.60
EV to EBIT
46.30
EV to EBITDA
16.36
EV to Capital Employed
1.38
EV to Sales
0.68
PEG Ratio
0.72
Dividend Yield
0.35%
ROCE (Latest)
2.98%
ROE (Latest)
1.74%
Technicals key factors
Indicator
Weekly
Monthly
MACD
Bullish
Mildly Bullish
RSI
Bearish
No Signal
Bollinger Bands
Mildly Bullish
Mildly Bullish
Moving Averages
Mildly Bearish (Daily)
KST
Bullish
Mildly Bullish
Dow Theory
Bearish
Bearish
OBV
No Trend
No Trend
Shareholding Snapshot : Mar 2025
Shareholding Compare (%holding) 
Majority shareholders
Domestic Funds
Domestic Funds
Held in 64 Schemes (44.86%)
Foreign Institutions
Held by 68 Foreign Institutions (7.58%)
Strategic Entities with highest holding
Highest Public shareholder
Quarterly Results Snapshot (Consolidated) - Mar'25 - QoQ
Mar'25
Dec'24
Change(%)
Net Sales
204.60
201.40
1.59%
Operating Profit (PBDIT) excl Other Income
9.80
1.10
790.91%
Interest
2.70
2.30
17.39%
Exceptional Items
-2.60
1.70
-252.94%
Consolidate Net Profit
-1.40
-3.40
58.82%
Operating Profit Margin (Excl OI)
21.20%
-23.30%
4.45%
USD in Million.
Net Sales
QoQ Growth in quarter ended Mar 2025 is 1.59% vs 3.76% in Dec 2024
Consolidated Net Profit
QoQ Growth in quarter ended Mar 2025 is 58.82% vs -209.68% in Dec 2024
Annual Results Snapshot (Consolidated) - Dec'24
Dec'24
Dec'23
Change(%)
Net Sales
786.20
872.20
-9.86%
Operating Profit (PBDIT) excl Other Income
25.70
25.90
-0.77%
Interest
8.50
6.50
30.77%
Exceptional Items
-1.30
-2.20
40.91%
Consolidate Net Profit
-2.80
6.50
-143.08%
Operating Profit Margin (Excl OI)
6.90%
10.20%
-0.33%
USD in Million.
Net Sales
YoY Growth in year ended Dec 2024 is -9.86% vs -15.09% in Dec 2023
Consolidated Net Profit
YoY Growth in year ended Dec 2024 is -143.08% vs -82.24% in Dec 2023
About The Shyft Group, Inc. 
The Shyft Group, Inc.
Automobiles
The Shyft Group, Inc., formerly Spartan Motors, Inc., is an engineer and manufacturer in the heavy-duty, custom vehicles marketplace. The Company operates through two segments: Fleet Vehicles and Services, and Specialty Chassis and Vehicles. The Company’s Fleet Vehicles and Services segment focuses on designing and manufacturing walk-in vans, and supplies related aftermarket parts and services under the Utilimaster brand name. Its Specialty Chassis and Vehicles segment consists of the operations of Spartan Motors Chassis, Inc. (Spartan Chassis) that engineer and manufacture motor home chassis, defense vehicles and other specialty chassis, and distribute related aftermarket parts and assemblies. The Company markets its products under brands, such as Aeromaster, Trademaster, Metromaster and Utilivan.
Company Coordinates 
Company Details
41280 BRIDGE STREET, 1000 Reynolds Rd , NOVI MI : 48375
Registrar Details






