Balancing Dividends and Fundamentals: The Case of NYSE:THO.

Last update: Jul 5, 2024

Consider THOR INDUSTRIES INC (NYSE:THO) as a top pick for dividend investors, identified by our stock screening tool. NYSE:THO shines in terms of profitability, solvency, and liquidity, all while paying a decent dividend. Let's dive deeper into the analysis.

Exploring NYSE:THO's Dividend

ChartMill provides a Dividend Rating for every stock, ranging from 0 to 10. This rating assesses various dividend aspects, including yield, growth, and sustainability. NYSE:THO earns a 7 out of 10:

THO's Dividend Yield is rather good when compared to the industry average which is at 3.06. THO pays more dividend than 87.18% of the companies in the same industry.
THO has been paying a dividend for at least 10 years, so it has a reliable track record.
THO has not decreased their dividend for at least 10 years, which is a reliable track record.
37.92% of the earnings are spent on dividend by THO. This is a low number and sustainable payout ratio.
THO's earnings are growing more than its dividend. This makes the dividend growth sustainable.

Health Assessment of NYSE:THO

ChartMill assigns a Health Rating to every stock. This score ranges from 0 to 10 and evaluates the different health aspects like liquidity and solvency, both absolutely, but also relative to the industry peers. NYSE:THO scores a 6 out of 10:

An Altman-Z score of 3.55 indicates that THO is not in any danger for bankruptcy at the moment.
THO has a Altman-Z score of 3.55. This is amongst the best in the industry. THO outperforms 84.62% of its industry peers.
THO has a debt to FCF ratio of 2.39. This is a good value and a sign of high solvency as THO would need 2.39 years to pay back of all of its debts.
With an excellent Debt to FCF ratio value of 2.39, THO belongs to the best of the industry, outperforming 97.44% of the companies in the same industry.
THO has a Debt/Equity ratio of 0.32. This is a healthy value indicating a solid balance between debt and equity.
THO has a better Current ratio (1.65) than 64.10% of its industry peers.

Assessing Profitability for NYSE:THO

ChartMill assigns a Profitability Rating to every stock. This score ranges from 0 to 10 and evaluates the different profitability ratios and margins, both absolutely, but also relative to the industry peers. NYSE:THO scores a 6 out of 10:

The Return On Assets of THO (3.68%) is better than 74.36% of its industry peers.
Looking at the Return On Equity, with a value of 6.63%, THO is in the better half of the industry, outperforming 71.79% of the companies in the same industry.
THO's Return On Invested Capital of 6.09% is fine compared to the rest of the industry. THO outperforms 79.49% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for THO is above the industry average of 11.79%.
The 3 year average ROIC (14.58%) for THO is well above the current ROIC(6.09%). The reason for the recent decline needs to be investigated.
The Profit Margin of THO (2.59%) is better than 71.79% of its industry peers.
The Operating Margin of THO (4.31%) is better than 71.79% of its industry peers.

Our Best Dividend screener lists more Best Dividend stocks and is updated daily.

For an up to date full fundamental analysis you can check the fundamental report of THO

Keep in mind

This article should in no way be interpreted as advice. The article is based on the observed metrics at the time of writing, but you should always make your own analysis and trade or invest at your own responsibility.