NYSE:WNC stands out as a stock that provides good value for the fundamentals it showcases.

Last update: Dec 19, 2023

Our stock screening tool has pinpointed WABASH NATIONAL CORP (NYSE:WNC) as an undervalued stock option. NYSE:WNC retains a strong financial foundation and an attractive price tag. Let's delve into the specifics below.

How We Gauge Valuation for NYSE:WNC

ChartMill assigns a Valuation Rating to each stock, ranging from 0 to 10. This rating is calculated by analyzing different valuation elements, such as price to earnings and free cash flow, both in absolute terms and relative to the market and industry. In the case of NYSE:WNC, the assigned 9 reflects its valuation:

With a Price/Earnings ratio of 5.64, the valuation of WNC can be described as very cheap.
Compared to the rest of the industry, the Price/Earnings ratio of WNC indicates a rather cheap valuation: WNC is cheaper than 98.48% of the companies listed in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 25.52, WNC is valued rather cheaply.
With a Price/Forward Earnings ratio of 8.21, the valuation of WNC can be described as very reasonable.
Based on the Price/Forward Earnings ratio, WNC is valued cheaper than 91.67% of the companies in the same industry.
When comparing the Price/Forward Earnings ratio of WNC to the average of the S&P500 Index (21.10), we can say WNC is valued rather cheaply.
Based on the Enterprise Value to EBITDA ratio, WNC is valued cheaper than 95.45% of the companies in the same industry.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of WNC indicates a rather cheap valuation: WNC is cheaper than 91.67% of the companies listed in the same industry.
WNC's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
WNC has a very decent profitability rating, which may justify a higher PE ratio.
WNC's earnings are expected to grow with 18.66% in the coming years. This may justify a more expensive valuation.

How do we evaluate the Profitability for NYSE:WNC?

ChartMill utilizes a Profitability Rating to assess stocks, scoring them on a scale of 0 to 10. This rating takes into account a variety of profitability ratios and margins, both in absolute terms and in comparison to industry peers. NYSE:WNC has earned a 6 out of 10:

WNC has a Return On Assets of 16.00%. This is amongst the best in the industry. WNC outperforms 96.21% of its industry peers.
The Return On Equity of WNC (42.86%) is better than 96.21% of its industry peers.
WNC has a better Return On Invested Capital (25.92%) than 98.48% of its industry peers.
The last Return On Invested Capital (25.92%) for WNC is above the 3 year average (8.13%), which is a sign of increasing profitability.
WNC has a better Profit Margin (8.56%) than 68.18% of its industry peers.
With a decent Operating Margin value of 11.88%, WNC is doing good in the industry, outperforming 65.15% of the companies in the same industry.

A Closer Look at Health for NYSE:WNC

ChartMill assigns a proprietary Health Rating to each stock. The score is computed by evaluating various liquidity and solvency ratios and ranges from 0 to 10. NYSE:WNC was assigned a score of 5 for health:

WNC has an Altman-Z score of 4.07. This indicates that WNC is financially healthy and has little risk of bankruptcy at the moment.
WNC's Altman-Z score of 4.07 is fine compared to the rest of the industry. WNC outperforms 71.97% of its industry peers.
The Debt to FCF ratio of WNC is 2.60, which is a good value as it means it would take WNC, 2.60 years of fcf income to pay off all of its debts.
The Debt to FCF ratio of WNC (2.60) is better than 76.52% of its industry peers.

A Closer Look at Growth for NYSE:WNC

ChartMill employs its own Growth Rating system for all stocks. This score, ranging from 0 to 10, is derived by evaluating different growth factors, such as EPS and revenue growth, taking into account both past performance and future projections. NYSE:WNC has earned a 5 for growth:

The Earnings Per Share has grown by an impressive 205.33% over the past year.
The Earnings Per Share has been growing by 10.47% on average over the past years. This is quite good.
Looking at the last year, WNC shows a quite strong growth in Revenue. The Revenue has grown by 11.79% in the last year.
WNC is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 18.66% yearly.
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.

Every day, new Decent Value stocks can be found on ChartMill in our Decent Value screener.

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

Keep in mind

This is not investing advice! The article highlights some of the observations at the time of writing, but you should always make your own analysis and invest based on your own insights.