PACCAR Inc. (PCAR)
Fair ValueFundamental
64
मूल्य
$111.18
मार्केट कैप
$58.25B
भाग 1 · कंपनी का मूल्य कितना है
अवलोकन
PACCAR designs and manufactures heavy- and medium-duty trucks under the Kenworth, Peterbilt and DAF brand names, sold through a network of independent dealers across North America, Europe and other markets. Beyond building trucks, it also sells replacement parts to keep existing fleets running and lends money to dealers and truck buyers through its own finance arm, so a customer can buy a truck, service it and finance it all through PACCAR.
यह पैसा कैसे कमाती है
Most revenue comes from selling new trucks outright to fleets and owner-operators, a business with thin margins that swings with how many trucks the industry orders each year. Parts sales are steadier and more profitable, since a truck already on the road needs maintenance regardless of the economic cycle, and the financial services arm earns interest income on loans and leases, adding a third, more stable stream on top of manufacturing.
सेगमेंट के अनुसार राजस्व
Manufacture and sale of Kenworth, Peterbilt and DAF heavy- and medium-duty trucks, the core and most cyclical part of the business.
Replacement parts sold to keep the large existing fleet of PACCAR trucks running, a steadier and higher-margin business than new truck sales.
Loans and leases provided to dealers and truck buyers across North America, Europe, Australia and South America to finance PACCAR vehicles.
प्रतिस्पर्धी बढ़त (Moat)
स्केल · संकीर्णBuilding heavy trucks at scale requires an established dealer network, decades of engineering and emissions-compliance investment, and manufacturing capacity that a new entrant cannot assemble quickly, keeping the field limited to a handful of global players. That barrier protects PACCAR's position but does not remove genuine competition: Daimler Truck, Traton's Volvo and Scania brands, and Navistar all fight for the same fleet customers.
मांग को क्या चलाता है
चक्रीयTruck orders follow the freight cycle closely: when shipping volumes and freight rates are strong, fleets replace and expand their trucks, and when freight demand softens, orders can fall sharply within a year, as PACCAR's own truck segment revenue decline in 2025 showed. Parts and financial services smooth this out somewhat, but the core manufacturing business remains genuinely cyclical.
प्रमुख जोखिम
- Truck order cyclicality — Truck segment revenue fell 14% year over year in the fourth quarter of 2025 as freight market conditions weakened, illustrating how quickly the core business can contract in a downturn.
- Competition from other global truck makers — Daimler Truck, Traton's Volvo, Scania and Navistar brands compete directly for the same fleet and owner-operator customers across PACCAR's core markets.
- Emissions and regulatory compliance costs — Tightening emissions standards in North America and Europe require continual investment in new engine and powertrain technology, adding cost and execution risk to every truck generation.
- Tariffs and global supply chain exposure — PACCAR sources components and sells trucks across multiple countries, so changes in tariffs or trade policy can raise costs or disrupt production and sales in a given region.
- Credit risk in the finance arm — PACCAR Financial Services holds a large portfolio of loans and leases to truck buyers; a downturn that hurts trucking businesses broadly would also raise defaults on that portfolio.
खरीदने के पक्ष में तर्क
Buyers argue that PACCAR Parts keeps delivering record, high-margin revenue that cushions the cyclical truck business, that decades of engineering and dealer relationships make the company one of only a handful of credible global heavy-truck makers, and that Financial Services adds a steady profit stream through the cycle.
बेचने के पक्ष में तर्क
Sellers worry that the core truck business is genuinely cyclical and already showing a double-digit revenue decline as freight markets soften, that emissions regulation keeps forcing costly technology investment, and that competition from Daimler Truck and Traton's brands limits pricing power in a downturn.
Written by the editors, published on 18 अगस्त 2026
Direct competitors
Who this company fights with for the same customers
Generated on 19 सितंबर 2026 with claude-haiku-4-5 — shared with all users
Its Freightliner and Western Star brands are the largest sellers of Class 8 trucks in the United States and Canada, the same fleet customers Kenworth and Peterbilt sell to, and its Mercedes-Benz Trucks unit is DAF's biggest rival in Europe.
Volvo Trucks and Mack together hold about 18% of the North American Class 8 market and Volvo Trucks is among the top European heavy-duty brands, competing with PACCAR on long-haul and vocational trucks plus the parts and service business that follows them.
Through International Motors (formerly Navistar) in North America and MAN and Scania in Europe, TRATON sells heavy and medium trucks to the same haulage fleets on both continents where PACCAR operates.
Iveco is one of the six principal competitors DAF faces in the European commercial vehicle market, disputing the same heavy- and medium-duty fleet orders across the European Union.
बैलेंस शीट और तरलता
राजस्व
$27.82B
पिछले 12 महीने (30/6/2026 तक)
शुद्ध आय
$2.50B
पिछले 12 महीने (30/6/2026 तक)
Free Cash Flow
$3.67B
कुल इक्विटी
$19.26B
कुल देनदारियाँ
$25.07B
Current Ratio
0.71
Interest Coverage
-
Debt/EBITDA
4.53
Earnings Per Share
राजस्व और शुद्ध आय
Free Cash Flow
आय विवरण
ऐतिहासिक विवरण
समय के साथ मार्जिन
समय के साथ ऋण
ऋण कितना भारी है
वृद्धि तालिका
वृद्धि — राजस्व
Fair Value अनुमान
Fair Value
$128.75
वर्तमान मूल्य
$111.18
Margin of Safety
+13.6%
Fair Value सीमा
$86.39 - $171.11
इस्तेमाल किए गए valuation methods के बीच का फैलाव, कोई सांख्यिकीय रूप से calibrated confidence interval नहीं।
अनुमान विधियाँ
मूल्यांकन मेट्रिक्स
P/E Ratio
23.07
ROE
12.3%
P/B Ratio
2.84
P/FCF
15.64
Gross Margin
20.0%
ROIC
-
लाभप्रदता Radar
मूल्य सृजन (प्रतिस्पर्धी बढ़त)
ROIC
-
WACC
7.8%
ROIC − WACC
-
Fundamental विश्लेषण मानदंड
पास (16)
- EPS shows upward trend
- Price CAGR 10.16%
- P/FCF 15.64
- P/B Ratio 2.84
- Debt/Equity ratio
- Positive Free Cash Flow
- CapEx intensity
- Debt/EBITDA
- Return on Tangible Assets
- Low reliance on intangibles
- ROE 12.7%
- Revenue Growth 5Y 8.7%
- PEG Ratio 1.86
- Earnings Quality (OCF/NI) 1.73
- Share Dilution -0.0%
- Piotroski F-Score 5/9
फेल (7)
- EPS CAGR 1.77%
- Gross Margin 20.0%
- Price below Graham Number
- DCF valuation (Overvalued)
- Analyst Consensus 42% Buy
- Earnings Surprise avg -1.5%
- Net Margin Trend 9.0% vs 9.9%
अनुपलब्ध (5)
- ROIC NaN%
- Dividend Payout NaN%
- Operating Margin NaN%
- Current Ratio
- Interest Coverage
Piotroski F-Score
मिश्रित संकेत: कुछ क्षेत्रों पर ध्यान देना आवश्यक
Earnings गुणवत्ता
उच्च गुणवत्ता: earnings नकदी द्वारा समर्थित
शेयर Dilution
शेयर वापस खरीद रही है। शेयरधारक अनुकूल
संस्थागत होल्डिंग
प्रशासन
कार्यकारी टीम
| नाम | पद | आयु |
|---|---|---|
| Mr. R. Preston Feight | CEO & Director | 57 |
| Mr. Kevin D. Baney | President | 54 |
| Mr. Brice J. Poplawski | Senior VP & CFO | 60 |
| Mr. Mark C. Pigott | Executive Chairman | 71 |
| Mr. John N. Rich | Executive VP & CTO | 55 |
| Ms. A. Lily Ley | VP & Chief Information Officer | 59 |
| Mr. Ken Hastings | Senior Director of Investor Relations | - |
| Mr. Michael K. Walton | VP & General Counsel | 59 |
| Paulo Henrique Bolgar | VP & Chief Human Resources Officer | 56 |
| Laura J. Bloch | Senior Vice President | 47 |
Audit जोखिम
2
बोर्ड जोखिम
9
मुआवजा जोखिम
4
शेयरधारक अधिकार जोखिम
5
भाग 2 · कीमत और खरीदने का समय
यह हिस्सा यह नहीं बताता कि कंपनी अच्छी है या नहीं: यह तय करने में मदद करता है कि उसे कब खरीदें, जब फंडामेंटल आपको आश्वस्त कर चुके हों। इसमें: तकनीकी विश्लेषण, संभावना, ऐतिहासिक गिरावट, गामा एक्सपोज़र।
दस्तावेज़
- दस्तावेज़ देखें
वार्षिक रिपोर्ट (10-K)
कंपनी के कारोबार, वित्तीय नतीजों और जोखिमों का वार्षिक सिंहावलोकन।
दाखिल तिथि: 2026-02-18
- दस्तावेज़ देखें
तिमाही रिपोर्ट (10-Q)
पिछले तीन महीनों के वित्तीय प्रदर्शन का अपडेट।
दाखिल तिथि: 2026-07-29
- दस्तावेज़ देखें
विशेष रिपोर्ट (8-K)
किसी बड़ी घटना, जैसे नेतृत्व में बदलाव या बड़ी घोषणा, की सूचना।
दाखिल तिथि: 2026-07-28
via SEC EDGAR
आय का इतिहास
via SEC EDGAR
Latest News
Recent headlines for PCAR, sourced from Markets Gazette.
- 16d agoNEUTRALNasdaq-100® Inside the Index: PACCAR (PCAR)
This Nasdaq-100® Inside the Index feature delves into PACCAR's diverse operations, encompassing its truck manufacturing, parts sales, and financing segments. Key factors influencing its future outlook include the current freight cycle dynamics, record-breaking parts revenue, upcoming 2027 emissions regulations, and advancements in new powertrain technologies. Investors should monitor these elements for potential impacts on PACCAR's performance within the index.
via Markets Gazette