ALSN vs FSS vs CVGI Stock Comparison

Allison Transmission Holdings, Federal Signal and Commercial Vehicle Prices as of Oct 28, 2026 Peers: Industry group
FSS Federal Signal Corp /De/
$113.43 -1.4% 1M -9.9% 1Y
Market cap
$7.05B
P/E
24.7x
Revenue (TTM)
$2.45B
Div. yield
0.01%
Heavy Equipment Industrials
3 wins

Head to Head

11 decided of 12

Allison Transmission Holdings leads on 7 of the 12 questions below (Allison Transmission Holdings 7, Federal Signal 3, Commercial Vehicle 1). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionALSNFSSCVGILeader
Larger companyMarket capitalisation $9.14B $7.05B $110.91M ALSN
Cheaper on earningsLower P/E, profitable companies only 17.3x 24.7x -4.8x ALSN
Cheaper on forward earningsLower price / next fiscal year consensus EPS 14.2x 23.1x — ALSN
Faster revenue growthRevenue growth, trailing twelve months +37.6% +24.0% -0.4% ALSN
More profitableNet margin, trailing twelve months 12.0% 11.7% -3.4% ALSN
Better return on capitalReturn on invested capital 10.7% 15.3% 5.9% FSS
Less leveragedLower net debt / EBITDA 3.4x 0.8x 3.0x FSS
Higher dividend yieldTrailing dividend yield 0.00% 0.01% 0.00% –
Better 1-year returnPrice return, last 12 months +33.1% -9.9% +98.2% CVGI
Better 5-year returnAnnualised price return, 5 years +26.8%/yr +21.5%/yr -20.1%/yr ALSN
Less volatileAnnualised volatility, 1 year 31.3% 35.0% 82.7% ALSN
Higher overall scoreMean of the five percentile scores vs peers 57/100 76/100 42/100 FSS

Percentile Scorecard

ALSNFSSCVGI

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisALSNFSSCVGI
Valuation 74 #53 of 203 54 #95 of 203 82 #37 of 203
Growth 41 #111 of 188 94 #13 of 188 36 #121 of 188
Profitability 89 #21 of 184 91 #18 of 184 28 #133 of 184
Financial Health 14 #186 of 217 76 #53 of 217 23 #168 of 217
Shareholder Returns 67 #51 of 153 66 #53 of 153 –
Overall 57 76 42
  • ALSN ranked among 222 companies in Machinery
  • FSS ranked among 222 companies in Machinery
  • CVGI ranked among 222 companies in Machinery

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodALSNFSSCVGISPY
1 month -3.8%-1.4%+10.5% +0.9%
3 months -4.7%+1.3%-24.7% +5.9%
6 months -15.4%-6.6%-17.6% +8.5%
Year to date +11.6%+4.5%+127.1% +13.3%
1 year +33.1%-9.9%+98.2% +12.4%
3 years +110.6%+98.1%-52.3% +88.1%
3 years, per year +28.2%+25.6%-21.9% +23.5%
5 years +227.5%+165.0%-67.4% +68.2%
5 years, per year +26.8%+21.5%-20.1% +11.0%
10 years +272.7%+834.3%-32.6% +263.4%
10 years, per year +14.1%+25.0%-3.9% +13.8%

Risk

MeasureALSNFSSCVGISPY
Volatility, 1Y 31.3%35.0%82.7% 12.7%
Downside volatility, 1Y 30.3%35.9%69.4% 12.7%
Beta vs S&P 500, 1Y 1.061.281.64 1.00
Return / volatility, 1Y 1.06-0.281.19 0.98
Max drawdown, 5Y -34.1%-33.3%-92.7% -25.4%
From 52-week high -19.7%-15.2%-43.4% -0.9%
52-week high $136.00$133.73$5.78 $779.14
52-week low $79.27$104.77$1.34 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleALSNFSSCVGI
P/E now vs peer median 17.1xmedian 25.4x 24.2xmedian 25.4x -4.9xmedian 25.4x
P/S now vs peer median 2.0xmedian 1.9x 2.8xmedian 1.9x 0.2xmedian 1.9x
EV/EBITDA now vs peer median 11.5xmedian 14.3x 15.1xmedian 14.3x 7.1xmedian 14.3x
P/FCF now vs peer median 12.2xmedian 21.8x 20.4xmedian 21.8x -315.7xmedian 21.8x
P/B now vs peer median 4.6xmedian 2.2x 4.6xmedian 2.2x 0.9xmedian 2.2x
PEG now vs peer median -6.02median 1.41 0.85median 1.41 0.15median 1.41

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsALSNFSSCVGI
Revenue $4.40B $2.45B $673.98M
Gross profit $1.60B $714.00M $75.61M
Operating income $861.00M $395.40M $13.41M
Net income $529.00M $285.40M -$23.05M
Free cash flow $737.00M $339.20M -$390.00K
R&D $197.00M – –
EPS (diluted) $6.30 $4.64 $-0.66
Cash & equivalents $399.00M $62.80M –
Total debt $4.14B $453.60M $91.78M
Shares (diluted) 84.00M 61.50M 34.77M
Enterprise value $6.04B $6.80B $110.91M

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricALSNFSSCVGI
P/E 17.1x 24.2x -4.9x
P/FCF 12.2x 20.4x -315.7x
P/Operating cash flow 9.6x 18.6x 11.5x
P/S 2.0x 2.8x 0.2x
P/B 4.6x 4.6x 0.9x
P/Tangible book 24.3x 6.2x 0.9x
EV/EBITDA 11.5x 15.1x 7.1x
EV/EBIT 14.8x 18.5x 16.0x
EV/Revenue 2.9x 3.0x 0.3x
EV/FCF 17.3x 21.6x -551.0x
EV/Operating cash flow 13.6x 19.6x 20.0x
PEG (3Y EPS CAGR) -6.02 0.85 0.15

Growth

14 metrics
MetricALSNFSSCVGI
Revenue growth (1Y) 37.6% 24.0% -0.4%
Revenue CAGR (3Y) 14.2% 16.1% -6.0%
Gross profit growth (1Y) 3.5% 24.5% 13.2%
Gross profit CAGR (3Y) 4.4% 22.1% -12.1%
Operating income growth (1Y) -13.9% 27.8% 425.0%
Operating income CAGR (3Y) -0.2% 28.8% -31.0%
Net income growth (1Y) -30.6% 28.8% 39.8%
Net income CAGR (3Y) -5.4% 28.6% -33.9%
EPS growth (1Y) -29.8% 28.4% 41.5%
EPS CAGR (3Y) -2.8% 28.6% -32.2%
Operating cash flow growth (1Y) 14.2% 45.6% 211.2%
Operating cash flow CAGR (3Y) 7.1% 59.2% -49.8%
Free cash flow growth (1Y) 12.7% 49.8% 98.2%
Free cash flow CAGR (3Y) 6.8% 73.3% -26.1%

Profitability

14 metrics
MetricALSNFSSCVGI
Gross margin 36.4% 29.2% 11.2%
EBITDA margin 25.1% 19.8% 4.5%
Operating margin 19.6% 16.2% 2.0%
Pretax margin 15.7% 15.2% -2.4%
Net margin 12.0% 11.7% -3.4%
FCF margin 16.7% 13.9% -0.1%
Operating cash flow margin 21.3% 15.2% 1.6%
Return on equity 27.3% 19.4% -17.3%
Return on assets 6.1% 11.7% -5.3%
Return on invested capital 10.7% 15.3% 5.9%
Return on capital employed 11.7% 18.5% 4.9%
Asset turnover 0.5x 1.0x 1.6x
Cash conversion (OCF / net income) 1.8x 1.3x -0.5x
Stock comp / revenue 0.7% 0.6% 0.7%

Financial Health

11 metrics
MetricALSNFSSCVGI
Debt / assets 47.5% 18.6% 20.2%
Debt / equity 2.1x 0.3x 0.7x
Net debt / EBITDA 3.4x 0.8x 3.0x
Debt / FCF 5.6x 1.3x -235.3x
Liabilities / assets 77.3% 38.2% 70.1%
Equity / assets 22.7% 61.8% 29.9%
Interest coverage – 19.3x 0.9x
Current ratio 1.8x 2.7x 2.0x
Quick ratio 1.0x 1.1x –
Cash ratio 0.3x 0.2x –
Altman Z-score 1.80 7.10 1.90

Shareholder Returns

7 metrics
MetricALSNFSSCVGI
Dividend yield 1.0% 0.5% –
Net buyback yield 1.4% 0.0% –
Shareholder yield 2.5% 0.5% –
Payout ratio (earnings) – 12.6% –
Payout ratio (FCF) – 10.6% –
Dividend growth (1Y) – 13.6% –
Dividend CAGR (3Y) – 17.0% –

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusALSNFSSCVGI
Forward P/E 14.2xFY2026 23.1xFY2026 –
EPS, next fiscal year $7.67FY2026 $4.92FY2026 $-0.20FY2026
EPS growth, next FY +4.6%FY2026 +16.3%FY2026 –
EPS growth, the year after +45.5% +10.0% –
Revenue, next fiscal year $6.32BFY2026 $2.79BFY2026 $777.74MFY2026
Revenue growth, next FY +109.9%FY2026 +28.1%FY2026 +19.8%FY2026
Revenue growth, the year after +1.4% -5.3% +3.3%
ALSN estimates →FSS estimates →CVGI estimates →

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersALSNFSSCVGI
Held by institutions 100.0% 100.0% 60.7%
Institutions holding 566 474 111
Change in shares held, QoQ +1.1% +3.9% +55.8%
Institutions buying 258 249 80
Institutions selling 229 152 20
Buyers to sellers 1.13 1.64 4.00
ALSN holders →FSS holders →CVGI holders →

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

ALSNFSSCVGI
ALSN 1.00 0.42 0.18
FSS 0.42 1.00 0.14
CVGI 0.18 0.14 1.00

Add a Peer

Largest companies in the same industry
ALSN · Heavy Equipment
+CATCaterpillar +CMICummins +PCARPaccar +BWABorgwarner +OSKOshkosh +TEXTerex +DANDana +PHINPhinia
Plot all 55 Heavy Equipment stocks →

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Frequently Asked Questions

Which is bigger, ALSN, FSS and CVGI?

Allison Transmission Holdings (ALSN) is the largest by market capitalisation: Allison Transmission Holdings (ALSN) $9.14B, Federal Signal (FSS) $7.05B, Commercial Vehicle (CVGI) $110.91M.

Which stock is cheaper, ALSN, FSS and CVGI?

Allison Transmission Holdings (ALSN) trades on the lowest price-to-earnings ratio (Allison Transmission Holdings (ALSN) 17.3x, Federal Signal (FSS) 24.7x, Commercial Vehicle (CVGI) -4.8x). On next year's consensus earnings, Allison Transmission Holdings (ALSN) is cheapest (Allison Transmission Holdings (ALSN) 14.2x, Federal Signal (FSS) 23.1x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Allison Transmission Holdings (ALSN) grew revenue fastest over the trailing twelve months: Allison Transmission Holdings (ALSN) +37.6%, Federal Signal (FSS) +24.0%, Commercial Vehicle (CVGI) -0.4%.

Which company is more profitable?

Allison Transmission Holdings (ALSN) has the highest net margin (Allison Transmission Holdings (ALSN) 12.0%, Federal Signal (FSS) 11.7%, Commercial Vehicle (CVGI) -3.4%). On return on invested capital, Federal Signal (FSS) leads (Allison Transmission Holdings (ALSN) 10.7%, Federal Signal (FSS) 15.3%, Commercial Vehicle (CVGI) 5.9%).

Which stock has performed better?

Over the past year Commercial Vehicle (CVGI) returned the most: Allison Transmission Holdings (ALSN) +33.1%, Federal Signal (FSS) -9.9%, Commercial Vehicle (CVGI) +98.2%. Over five years, Allison Transmission Holdings (ALSN) compounded fastest (Allison Transmission Holdings (ALSN) +26.8%/yr, Federal Signal (FSS) +21.5%/yr, Commercial Vehicle (CVGI) -20.1%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Only one of these companies pays a dividend: Allison Transmission Holdings (ALSN) 0.00%, Federal Signal (FSS) 0.01%, Commercial Vehicle (CVGI) 0.00%. Allison Transmission Holdings (ALSN) and Commercial Vehicle (CVGI) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Allison Transmission Holdings (ALSN) has been the steadiest (Allison Transmission Holdings (ALSN) 31.3%, Federal Signal (FSS) 35.0%, Commercial Vehicle (CVGI) 82.7%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, ALSN, FSS and CVGI?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Allison Transmission Holdings (ALSN) leads on 7. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.