WINNEBAGO INDUSTRIES (WGO)
US9746371007 - Common Stock
WGO gets a fundamental rating of 7 out of 10. The analysis compared the fundamentals against 38 industry peers in the Automobiles industry. Both the health and profitability get an excellent rating, making WGO a very profitable company, without any liquidiy or solvency issues. WGO is cheap, but on the other hand it scores bad on growth. This makes WGO very considerable for value investing!
1. Profitability
1.1 Basic Checks
In the past year WGO was profitable.
WGO had a positive operating cash flow in the past year.
WGO had positive earnings in each of the past 5 years.
WGO had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
WGO's Return On Assets of 4.77% is fine compared to the rest of the industry. WGO outperforms 78.38% of its industry peers.
WGO's Return On Equity of 8.76% is fine compared to the rest of the industry. WGO outperforms 72.97% of its industry peers.
Looking at the Return On Invested Capital, with a value of 7.82%, WGO belongs to the top of the industry, outperforming 89.19% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for WGO is significantly above the industry average of 12.33%.
The last Return On Invested Capital (7.82%) for WGO is well below the 3 year average (17.85%), which needs to be investigated, but indicates that WGO had better years and this may not be a problem.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.77% | ||
| ROE | 8.76% | ||
| ROIC | 7.82% |
ROA(3y)12.9%
ROA(5y)10.48%
ROE(3y)24.46%
ROE(5y)19.7%
ROIC(3y)17.85%
ROIC(5y)14.72%
1.3 Margins
With a decent Profit Margin value of 3.70%, WGO is doing good in the industry, outperforming 72.97% of the companies in the same industry.
In the last couple of years the Profit Margin of WGO has grown nicely.
Looking at the Operating Margin, with a value of 6.77%, WGO is in the better half of the industry, outperforming 78.38% of the companies in the same industry.
WGO's Operating Margin has improved in the last couple of years.
Looking at the Gross Margin, with a value of 15.93%, WGO is in the better half of the industry, outperforming 67.57% of the companies in the same industry.
WGO's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 6.77% | ||
| PM (TTM) | 3.7% | ||
| GM | 15.93% |
OM growth 3Y17.43%
OM growth 5Y1.61%
PM growth 3Y33.38%
PM growth 5Y4.03%
GM growth 3Y7.93%
GM growth 5Y2.47%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so WGO is still creating some value.
WGO has less shares outstanding than it did 1 year ago.
Compared to 5 years ago, WGO has less shares outstanding
Compared to 1 year ago, WGO has a worse debt to assets ratio.
2.2 Solvency
WGO has an Altman-Z score of 3.88. This indicates that WGO is financially healthy and has little risk of bankruptcy at the moment.
With an excellent Altman-Z score value of 3.88, WGO belongs to the best of the industry, outperforming 83.78% of the companies in the same industry.
The Debt to FCF ratio of WGO is 3.09, which is a good value as it means it would take WGO, 3.09 years of fcf income to pay off all of its debts.
WGO's Debt to FCF ratio of 3.09 is amongst the best of the industry. WGO outperforms 86.49% of its industry peers.
A Debt/Equity ratio of 0.52 indicates that WGO is somewhat dependend on debt financing.
WGO has a Debt to Equity ratio (0.52) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.52 | ||
| Debt/FCF | 3.09 | ||
| Altman-Z | 3.88 |
ROIC/WACC0.71
WACC11.05%
2.3 Liquidity
WGO has a Current Ratio of 2.84. This indicates that WGO is financially healthy and has no problem in meeting its short term obligations.
WGO has a better Current ratio (2.84) than 78.38% of its industry peers.
A Quick Ratio of 1.52 indicates that WGO should not have too much problems paying its short term obligations.
WGO's Quick ratio of 1.52 is fine compared to the rest of the industry. WGO outperforms 72.97% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.84 | ||
| Quick Ratio | 1.52 |
3. Growth
3.1 Past
WGO shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -48.56%.
The Earnings Per Share has been growing by 19.48% on average over the past years. This is quite good.
The Revenue for WGO has decreased by -29.57% in the past year. This is quite bad
WGO shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 11.60% yearly.
EPS 1Y (TTM)-48.56%
EPS 3Y43.6%
EPS 5Y19.48%
EPS growth Q2Q-50.53%
Revenue 1Y (TTM)-29.57%
Revenue growth 3Y14.01%
Revenue growth 5Y11.6%
Revenue growth Q2Q-18.82%
3.2 Future
Based on estimates for the next years, WGO will show a small growth in Earnings Per Share. The EPS will grow by 6.59% on average per year.
WGO is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 7.19% yearly.
EPS Next Y-33.46%
EPS Next 2Y-3.06%
EPS Next 3Y7.69%
EPS Next 5Y6.59%
Revenue Next Year-10.28%
Revenue Next 2Y0.69%
Revenue Next 3Y5.44%
Revenue Next 5Y7.19%
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 10.81 indicates a reasonable valuation of WGO.
Based on the Price/Earnings ratio, WGO is valued cheaper than 81.08% of the companies in the same industry.
The average S&P500 Price/Earnings ratio is at 28.15. WGO is valued rather cheaply when compared to this.
WGO is valuated reasonably with a Price/Forward Earnings ratio of 8.56.
Compared to the rest of the industry, the Price/Forward Earnings ratio of WGO indicates a rather cheap valuation: WGO is cheaper than 86.49% of the companies listed in the same industry.
WGO's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 20.20.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.81 | ||
| Fwd PE | 8.56 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, WGO is valued cheaply inside the industry as 86.49% of the companies are valued more expensively.
Based on the Price/Free Cash Flow ratio, WGO is valued cheaper than 94.59% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 8.03 | ||
| EV/EBITDA | 8.39 |
4.3 Compensation for Growth
WGO has an outstanding profitability rating, which may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)0.55
EPS Next 2Y-3.06%
EPS Next 3Y7.69%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 1.99%, WGO has a reasonable but not impressive dividend return.
Compared to an average industry Dividend Yield of 2.87, WGO pays a better dividend. On top of this WGO pays more dividend than 86.49% of the companies listed in the same industry.
WGO's Dividend Yield is comparable with the S&P500 average which is at 2.33.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.99% |
5.2 History
On average, the dividend of WGO grows each year by 22.37%, which is quite nice.
WGO has paid a dividend for at least 10 years, which is a reliable track record.
WGO has not decreased its dividend in the past 5 years, so it has a somewhat stable track record.
Dividend Growth(5Y)22.37%
Div Incr Years5
Div Non Decr Years9
5.3 Sustainability
WGO pays out 30.26% of its income as dividend. This is a sustainable payout ratio.
WGO's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP30.26%
EPS Next 2Y-3.06%
EPS Next 3Y7.69%
WINNEBAGO INDUSTRIES
NYSE:WGO (5/17/2024, 7:04:00 PM)
After market: 61.72 0 (0%)61.72
-0.57 (-0.92%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupAutomobiles & Components
GICS IndustryAutomobiles
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap1.81B
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.99% |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
Avg EPS beat(2)
Min EPS beat(2)
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EPS beat(4)
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EPS beat(8)
Avg EPS beat(8)
EPS beat(12)
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EPS beat(16)
Avg EPS beat(16)
Revenue beat(2)
Avg Revenue beat(2)
Min Revenue beat(2)
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Revenue beat(4)
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Revenue beat(8)
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Revenue beat(12)
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Revenue beat(16)
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PT rev (1m)
PT rev (3m)
EPS NQ rev (1m)
EPS NQ rev (3m)
EPS NY rev (1m)
EPS NY rev (3m)
Revenue NQ rev (1m)
Revenue NQ rev (3m)
Revenue NY rev (1m)
Revenue NY rev (3m)
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.81 | ||
| Fwd PE | 8.56 | ||
| P/S | |||
| P/FCF | |||
| P/OCF | |||
| P/B | |||
| P/tB | |||
| EV/EBITDA |
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)N/A
PEG (5Y)0.55
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.77% | ||
| ROE | 8.76% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | 6.77% | ||
| PM (TTM) | 3.7% | ||
| GM | 15.93% | ||
| FCFM |
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover1.29
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.52 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 2.84 | ||
| Quick Ratio | 1.52 | ||
| Altman-Z |
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
Growth
EPS 1Y (TTM)-48.56%
EPS 3Y43.6%
EPS 5Y
EPS growth Q2Q
EPS Next Y-33.46%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)-29.57%
Revenue growth 3Y14.01%
Revenue growth 5Y
Revenue growth Q2Q
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y