HOG vs CVGI vs HMC Stock Comparison

Harley-Davidson, Commercial Vehicle and Honda Motor Prices as of Nov 3, 2026 Peers: Industry group
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HOG Harley-Davidson, Inc.
$33.33 +35.9% 1M +22.9% 1Y
Market cap
$3.63B
P/E
17.9x
Revenue (TTM)
$4.24B
Div. yield
–
Recreational Vehicles Consumer Discretionary
2 wins
HMC Honda Motor Co Ltd
$34.00 +8.5% 1M +11.2% 1Y
Market cap
$47.15B
P/E
–
Revenue (TTM)
$145.78B
Div. yield
–
Auto Manufacturers Consumer Discretionary
4 wins

Head to Head

10 decided of 12

Honda Motor leads on 4 of the 12 questions below (Honda Motor 4, Commercial Vehicle 4, Harley-Davidson 2). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionHOGCVGIHMCLeader
Larger companyMarket capitalisation $3.63B $125.61M $47.15B HMC
Cheaper on earningsLower P/E, profitable companies only 17.9x -12.1x -44.4x –
Cheaper on forward earningsLower price / next fiscal year consensus EPS 45.0x — 12.3x HMC
Faster revenue growthRevenue growth, trailing twelve months -5.2% +11.0% +0.8% CVGI
More profitableNet margin, trailing twelve months 4.8% -1.4% -0.7% HOG
Better return on capitalReturn on invested capital 2.9% 9.5% 0.0% CVGI
Less leveragedLower net debt / EBITDA — 2.5x 4.8x CVGI
Higher dividend yieldTrailing dividend yield 0.00% 0.00% 0.00% –
Better 1-year returnPrice return, last 12 months +22.9% +110.1% +11.2% CVGI
Better 5-year returnAnnualised price return, 5 years -2.5%/yr -18.0%/yr +2.0%/yr HMC
Less volatileAnnualised volatility, 1 year 39.3% 82.5% 28.5% HMC
Higher overall scoreMean of the five percentile scores vs peers 55/100 42/100 47/100 HOG

Percentile Scorecard

HOGCVGIHMC

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

AxisHOGCVGIHMC
Valuation 44 #28 of 49 88 #26 of 204 77 #12 of 49
Growth 6 #46 of 49 51 #94 of 191 31 #34 of 49
Profitability 61 #19 of 47 28 #136 of 189 48 #25 of 47
Financial Health 73 #15 of 53 23 #170 of 221 50 #27 of 53
Shareholder Returns 93 #3 of 30 19 #128 of 158 28 #22 of 30
Overall 55 42 47
  • HOG ranked among 55 companies in Automobiles and Components
  • CVGI ranked among 223 companies in Machinery
  • HMC ranked among 55 companies in Automobiles and Components

Price Performance

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

Returns

PeriodHOGCVGIHMCSPY
1 month +35.9%+12.8%+8.5% -2.0%
3 months +25.8%-14.1%+12.8% -2.2%
6 months +32.7%-20.9%+40.7% +4.2%
Year to date +62.7%+131.9%+15.3% +10.6%
1 year +22.9%+110.1%+11.2% +10.4%
3 years +15.2%-45.8%+5.6% +73.6%
3 years, per year +4.8%-18.5%+1.8% +20.2%
5 years -11.8%-62.8%+10.6% +61.6%
5 years, per year -2.5%-18.0%+2.0% +10.1%
10 years -40.4%-27.1%+19.8% +261.3%
10 years, per year -5.0%-3.1%+1.8% +13.7%

Risk

MeasureHOGCVGIHMCSPY
Volatility, 1Y 39.3%82.5%28.5% 12.8%
Downside volatility, 1Y 36.2%68.9%27.4% 12.8%
Beta vs S&P 500, 1Y 0.771.620.92 1.00
Return / volatility, 1Y 0.581.330.39 0.81
Max drawdown, 5Y -66.8%-92.7%-37.7% -25.4%
From 52-week high 0.0%-42.2%-1.7% -3.2%
52-week high $33.33$5.78$34.59 $779.14
52-week low $17.19$1.34$23.49 $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.

MultipleHOGCVGIHMC
P/E now vs peer median 17.3xmedian 20.7x -12.1xmedian 25.4x -42.6xmedian 20.7x
P/S now vs peer median 0.8xmedian 0.5x 0.2xmedian 1.9x 0.4xmedian 0.5x
EV/EBITDA now vs peer median —median 8.8x 5.7xmedian 14.5x 10.0xmedian 8.8x
P/FCF now vs peer median -26.1xmedian 8.5x -317.6xmedian 23.6x 6.7xmedian 8.5x
P/B now vs peer median 1.1xmedian 1.0x 0.9xmedian 2.2x 0.7xmedian 1.0x
PEG now vs peer median -0.58median 1.06 0.82median 1.21 1.47median 1.06

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 monthsHOGCVGIHMC
Revenue $4.24B $729.59M $145.78B
Gross profit $1.42B $87.66M $25.18B
Operating income $213.20M $22.12M -$770.90M
Net income $195.71M -$10.40M -$573.09M
Free cash flow -$133.07M -$396.00K $7.66B
R&D – – $9.64B
EPS (diluted) $1.87 $-0.27 $-0.62
Cash & equivalents $1.90B – $32.71B
Total debt $2.24B $96.09M $86.87B
Shares (diluted) 108.57M 39.16M 1.73B
Enterprise value -$4.94B $125.61M -$102.66B

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
MetricHOGCVGIHMC
P/E 17.3x -12.1x -42.6x
P/FCF -26.1x -317.6x 6.7x
P/Operating cash flow -13,603x 9.0x 5.9x
P/S 0.8x 0.2x 0.4x
P/B 1.1x 0.9x 0.7x
P/Tangible book 1.1x 0.9x 0.7x
EV/EBITDA – 5.7x 10.0x
EV/EBIT 17.9x 10.0x -128.1x
EV/Revenue 0.9x 0.3x 0.7x
EV/FCF -28.7x -560.3x 12.9x
EV/Operating cash flow -14,962x 15.9x 11.4x
PEG (3Y EPS CAGR) -0.58 0.82 1.47

Growth

14 metrics
MetricHOGCVGIHMC
Revenue growth (1Y) -5.2% 11.0% 0.8%
Revenue CAGR (3Y) -11.1% -1.5% 14.0%
Gross profit growth (1Y) -25.3% 31.9% -17.0%
Gross profit CAGR (3Y) -18.3% -8.3% -1.4%
Operating income growth (1Y) 15.0% 636.1% -111.8%
Operating income CAGR (3Y) -38.9% -18.0% -27.8%
Net income growth (1Y) -16.4% 81.1% -112.2%
Net income CAGR (3Y) -36.8% -21.1% -27.6%
EPS growth (1Y) -6.1% 83.6% -124.9%
EPS CAGR (3Y) -29.8% -14.8% -29.0%
Operating cash flow growth (1Y) -100.0% 143.5% 183.3%
Operating cash flow CAGR (3Y) -26.0% -40.1% -21.9%
Free cash flow growth (1Y) -116.2% 92.6% 2,713%
Free cash flow CAGR (3Y) -31.0% -26.2% -21.6%

Profitability

14 metrics
MetricHOGCVGIHMC
Gross margin 33.4% 12.0% 17.3%
EBITDA margin – 5.3% 6.8%
Operating margin 5.0% 3.0% -0.5%
Pretax margin 6.8% -0.4% -0.4%
Net margin 4.8% -1.4% -0.7%
FCF margin -3.1% -0.1% 5.3%
Operating cash flow margin 0.0% 1.9% 6.0%
Return on equity 6.3% -7.5% -0.8%
Return on assets 2.7% -2.2% -0.3%
Return on invested capital 2.9% 9.5% 0.0%
Return on capital employed 4.4% 7.5% -0.5%
Asset turnover 0.6x 1.6x 0.7x
Cash conversion (OCF / net income) 0.0x -1.3x -15.1x
Stock comp / revenue – 0.9% –

Financial Health

11 metrics
MetricHOGCVGIHMC
Debt / assets 30.9% 19.9% 40.8%
Debt / equity 0.7x 0.7x 1.1x
Net debt / EBITDA – 2.5x 4.8x
Debt / FCF -16.9x -242.7x 11.3x
Liabilities / assets 57.0% 70.8% 63.3%
Equity / assets 43.0% 29.2% 36.7%
Interest coverage 0.7x 1.5x -1.0x
Current ratio 1.9x 1.9x 1.3x
Quick ratio 0.9x – 0.7x
Cash ratio 0.8x – 0.6x
Altman Z-score 2.28 1.99 1.40

Shareholder Returns

7 metrics
MetricHOGCVGIHMC
Dividend yield 2.3% – 1.9%
Net buyback yield 10.4% 0.0% –
Shareholder yield 12.6% 0.0% 1.9%
Payout ratio (earnings) – – –
Payout ratio (FCF) – – –
Dividend growth (1Y) – – –
Dividend CAGR (3Y) – – –

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.

ConsensusHOGCVGIHMC
Forward P/E 45.0xFY2026 – 12.3xFY2026
EPS, next fiscal year $0.74FY2026 $-0.20FY2026 $2.77FY2026
EPS growth, next FY -73.4%FY2026 – –
EPS growth, the year after +147.3% – +63.9%
Revenue, next fiscal year $4.11BFY2026 $777.74MFY2026 $159.46BFY2026
Revenue growth, next FY +14.8%FY2026 +19.8%FY2026 +15.7%FY2026
Revenue growth, the year after +2.9% +3.3% -1.1%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersHOGCVGIHMC
Held by institutions 100.0% 60.7% 3.5%
Institutions holding 441 111 384
Change in shares held, QoQ +3.1% +55.8% -3.2%
Institutions buying 220 80 231
Institutions selling 122 20 95
Buyers to sellers 1.80 4.00 2.43

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.

HOGCVGIHMC
HOG 1.00 0.00 0.26
CVGI 0.00 1.00 0.08
HMC 0.26 0.08 1.00

Add a Peer

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Frequently Asked Questions

Which is bigger, HOG, CVGI and HMC?

Honda Motor (HMC) is the largest by market capitalisation: Harley-Davidson (HOG) $3.63B, Commercial Vehicle (CVGI) $125.61M, Honda Motor (HMC) $47.15B.

Which company is growing faster?

Commercial Vehicle (CVGI) grew revenue fastest over the trailing twelve months: Harley-Davidson (HOG) -5.2%, Commercial Vehicle (CVGI) +11.0%, Honda Motor (HMC) +0.8%.

Which company is more profitable?

Harley-Davidson (HOG) has the highest net margin (Harley-Davidson (HOG) 4.8%, Commercial Vehicle (CVGI) -1.4%, Honda Motor (HMC) -0.7%). On return on invested capital, Commercial Vehicle (CVGI) leads (Harley-Davidson (HOG) 2.9%, Commercial Vehicle (CVGI) 9.5%, Honda Motor (HMC) 0.0%).

Which stock has performed better?

Over the past year Commercial Vehicle (CVGI) returned the most: Harley-Davidson (HOG) +22.9%, Commercial Vehicle (CVGI) +110.1%, Honda Motor (HMC) +11.2%. Over five years, Honda Motor (HMC) compounded fastest (Harley-Davidson (HOG) -2.5%/yr, Commercial Vehicle (CVGI) -18.0%/yr, Honda Motor (HMC) +2.0%/yr). Returns are price only, before dividends.

Which stock is riskier?

By one-year price volatility, Honda Motor (HMC) has been the steadiest (Harley-Davidson (HOG) 39.3%, Commercial Vehicle (CVGI) 82.5%, Honda Motor (HMC) 28.5%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, HOG, CVGI and HMC?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Honda Motor (HMC) leads on 4. 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.