Commercial Vehicle Group, Inc. (CVGI) Stock

Commercial Vehicle Group, Inc. (CVGI) is a Consumer Discretionary stock trading at $3.12 (as of 2026-08-20), with a market capitalization of $126.57M. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.

Commercial Vehicle Group, Inc., together with its subsidiaries, designs, manufactures, produces, and sells components and assemblies in North America, Europe, and the Asia-Pacific regions. It operates in four segments: Vehicle Solutions, Warehouse Automation, Electrical Systems, and Aftermarket & Accessories. The company offers electrical wire harness assemblies that function as current carrying devices in providing electrical interconnections for gauges, lights, control functions, power circuits, powertrain and transmission sensors, emissions systems, and other electronic applications on commercial and other vehicles; and panel assemblies. It also offers electro-mechanical assemblies, such as box builds, complex automated and robotic assemblies, and large multi-cabinet control cabinets with power distribution and cabling; vinyl or cloth-covered appliqués, armrests, map pocket compartments, and sound-reducing insulations; instrument panels; and plastics decorating and finishing products. In addition, it provides cab structures; design products, including armrests, grab handles, storage systems, floor coverings, floor mats, sleeper bunks, headliners, wall panels, and privacy curtains; and mirrors, wipers, and controls used in commercial, military and specialty recreational vehicles. Further, it offers seats and seating systems, such as mechanical and air suspension, static and military seats, and bus, as well as seats for medium-and heavy-duty trucks (MD/HD trucks); office seating products; and seats, parts, and components for the aftermarket. The company supplies its products and systems for the commercial vehicle market comprising the MD/HD truck market; and MD/HD truck, bus, construction, mining, agricultural, military, industrial, municipal, off-road recreational, and specialty vehicle markets. Commercial Vehicle Group, Inc. was incorporated in 2000 and is headquartered in New Albany, Ohio.

Understand Commercial Vehicle Group, Inc.: how it makes money

Commercial Vehicle Group designs and manufactures vehicle components and assemblies, including electrical wire harness assemblies, and sells them through four operating segments.

The profit engine appears to be the conversion of secured awards into annualized net incremental revenue, where new business wins must ramp up and translate into incremental sales over time.

Revenue by segment (latest quarter)
Vehicle Solutions$0.1B
Warehouse Automation$0.0B
Electrical Systems$0.1B
Aftermarket & Accessories$0.0B

Business quality (Weak): Clear segment structure (Vehicle Solutions, Warehouse Automation, Electrical Systems, Aftermarket & Accessories) and operating focus on new business awards and their ramp into incremental revenue, but the provided data does not show detailed segment operating income and one segment shows 0 revenue in the candidates.

Bull case

  • New business momentum is quantified via Annualized Net Incremental Revenue from Secured Awards (Cumulative) of 0.23 USD_B: A large secured-awards metric suggests management is tracking how awards convert into future incremental sales.
  • Moderate profitability with 11.6% gross margin and 8.6% operating margin in the provided period: This indicates the component manufacturing model can generate positive operating economics at the consolidated level.

Bear case

  • Operating momentum appears dependent on award conversion and ramp timing: The key disclosure focus on ramped new business wins and annualized secured-awards revenue suggests results can be sensitive to execution and timing of customer programs.
  • Warehouse Automation revenue is 0.0 USD_B in the provided segment candidates: This could imply the segment is not contributing meaningfully in the captured data period, increasing reliance on the other segments.
Valuation — source: SEC EDGAR (first-party)
Price$3.12
Market Cap$126.57M
EV / EBITDA6.4
Price / Book0.93
Price / Sales0.19
FCF Yield-0.3%
DCF Value (model)$0.08
DCF Upside vs Price-97.4%
Profitability & Growth — source: SEC EDGAR
Revenue (TTM)$649.00M
Net Margin-3.5%
Revenue Growth (YoY)13.5%
FCF Growth (YoY)-108.0%
Financial Health — source: SEC EDGAR
Altman Z-Score2.05 (grey)
Piotroski F-Score6/9 (moderate)
Valuation vs Sector & Industry
Sector P/E (Consumer Discretionary)20.5
Industry P/E (Automobiles & Trucks)17.2
Smart-Money Activity — SEC Form 4 / 13F / Congressional disclosures
Top Institutional HolderRENAISSANCE TECHNOLOGIES LLC ($5.90M)
Institutional Holders Tracked10
Company
SectorConsumer Discretionary
IndustryAutomobiles & Trucks
CEOJames R. Ray Jr.
Employees6,400
CountryUS
IPO Date2004-08-09

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CVGI earnings history · CVGI institutional & insider holders · CVGI KPIs & operating metrics · CVGI financials · CVGI investor presentations & press releases · CVGI SEC filings · CVGI peers · Congress trades · Insider trades · Short interest · Stock screener

Data as of 2026-08-20.

Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.