CAMPING WORLD HOLDINGS INC-A (CWH) Stock Fundamental Analysis

NYSE:CWH • US13462K1097

8.32 USD
-0.29 (-3.37%)
At close: Feb 27, 2026
8.35 USD
+0.03 (+0.36%)
After Hours: 2/27/2026, 8:04:00 PM
Fundamental Rating

3

Taking everything into account, CWH scores 3 out of 10 in our fundamental rating. CWH was compared to 123 industry peers in the Specialty Retail industry. Both the profitability and financial health of CWH have multiple concerns. CWH is not valued too expensively and it also shows a decent growth rate.


Dividend Valuation Growth Profitability Health

3

1. Profitability

1.1 Basic Checks

  • CWH had positive earnings in the past year.
  • CWH had a negative operating cash flow in the past year.
  • In multiple years CWH reported negative net income over the last 5 years.
  • Of the past 5 years CWH 4 years had a positive operating cash flow.
CWH Yearly Net Income VS EBIT VS OCF VS FCFCWH Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 200M 400M 600M 800M

1.2 Ratios

  • CWH has a Return On Assets of -1.08%. This is comparable to the rest of the industry: CWH outperforms 41.46% of its industry peers.
  • Looking at the Return On Equity, with a value of -18.27%, CWH is in line with its industry, outperforming 40.65% of the companies in the same industry.
  • Looking at the Return On Invested Capital, with a value of 5.86%, CWH is in the better half of the industry, outperforming 60.16% of the companies in the same industry.
  • CWH had an Average Return On Invested Capital over the past 3 years of 5.52%. This is significantly below the industry average of 13.61%.
  • The 3 year average ROIC (5.52%) for CWH is below the current ROIC(5.86%), indicating increased profibility in the last year.
Industry RankSector Rank
ROA -1.08%
ROE -18.27%
ROIC 5.86%
ROA(3y)-0.64%
ROA(5y)1.46%
ROE(3y)-8.73%
ROE(5y)48.52%
ROIC(3y)5.52%
ROIC(5y)11.07%
CWH Yearly ROA, ROE, ROICCWH Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 200 -200 400 -400 -600

1.3 Margins

  • CWH has a Operating Margin (3.43%) which is comparable to the rest of the industry.
  • CWH's Operating Margin has declined in the last couple of years.
  • CWH has a Gross Margin of 29.93%. This is in the lower half of the industry: CWH underperforms 67.48% of its industry peers.
  • In the last couple of years the Gross Margin of CWH has remained more or less at the same level.
Industry RankSector Rank
OM 3.43%
PM (TTM) N/A
GM 29.93%
OM growth 3Y-30.22%
OM growth 5Y-20.94%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-3.18%
GM growth 5Y-1.17%
CWH Yearly Profit, Operating, Gross MarginsCWH Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 10 20 30

1

2. Health

2.1 Basic Checks

  • The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so CWH is destroying value.
  • Compared to 1 year ago, CWH has more shares outstanding
  • Compared to 5 years ago, CWH has more shares outstanding
  • Compared to 1 year ago, CWH has a worse debt to assets ratio.
CWH Yearly Shares OutstandingCWH Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 20M 40M 60M 80M 100M
CWH Yearly Total Debt VS Total AssetsCWH Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 1B 2B 3B 4B 5B

2.2 Solvency

  • CWH has an Altman-Z score of 1.69. This is a bad value and indicates that CWH is not financially healthy and even has some risk of bankruptcy.
  • With a Altman-Z score value of 1.69, CWH perfoms like the industry average, outperforming 40.65% of the companies in the same industry.
  • A Debt/Equity ratio of 5.36 is on the high side and indicates that CWH has dependencies on debt financing.
  • With a Debt to Equity ratio value of 5.36, CWH is not doing good in the industry: 78.05% of the companies in the same industry are doing better.
Industry RankSector Rank
Debt/Equity 5.36
Debt/FCF N/A
Altman-Z 1.69
ROIC/WACC0.89
WACC6.57%
CWH Yearly LT Debt VS Equity VS FCFCWH Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 500M 1B 1.5B

2.3 Liquidity

  • A Current Ratio of 1.26 indicates that CWH should not have too much problems paying its short term obligations.
  • CWH has a Current ratio of 1.26. This is comparable to the rest of the industry: CWH outperforms 48.78% of its industry peers.
  • A Quick Ratio of 0.27 indicates that CWH may have some problems paying its short term obligations.
  • CWH has a Quick ratio of 0.27. This is in the lower half of the industry: CWH underperforms 74.80% of its industry peers.
Industry RankSector Rank
Current Ratio 1.26
Quick Ratio 0.27
CWH Yearly Current Assets VS Current LiabilitesCWH Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 500M 1B 1.5B 2B 2.5B

5

3. Growth

3.1 Past

  • The Earnings Per Share has grown by an impressive 130.56% over the past year.
  • CWH shows a very negative growth in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -50.36% yearly.
  • Looking at the last year, CWH shows a small growth in Revenue. The Revenue has grown by 4.41% in the last year.
  • CWH shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 3.18% yearly.
EPS 1Y (TTM)130.56%
EPS 3Y-70.26%
EPS 5Y-50.36%
EPS Q2Q%-55.32%
Revenue 1Y (TTM)4.41%
Revenue growth 3Y-2.95%
Revenue growth 5Y3.18%
Sales Q2Q%-2.57%

3.2 Future

  • The Earnings Per Share is expected to grow by 257.58% on average over the next years. This is a very strong growth
  • The Revenue is expected to grow by 5.58% on average over the next years.
EPS Next Y688.03%
EPS Next 2Y257.58%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year3.8%
Revenue Next 2Y5.58%
Revenue Next 3YN/A
Revenue Next 5YN/A

3.3 Evolution

  • The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
  • When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
CWH Yearly Revenue VS EstimatesCWH Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2B 4B 6B
CWH Yearly EPS VS EstimatesCWH Yearly EPS VS EstimatesYearly EPS VS Estimates 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 0 2 4 6

5

4. Valuation

4.1 Price/Earnings Ratio

  • With a Price/Earnings ratio of 75.64, CWH can be considered very expensive at the moment.
  • Compared to the rest of the industry, the Price/Earnings ratio of CWH is on the same level as its industry peers.
  • CWH's Price/Earnings ratio indicates a rather expensive valuation when compared to the S&P500 average which is at 27.07.
  • A Price/Forward Earnings ratio of 9.60 indicates a reasonable valuation of CWH.
  • 86.99% of the companies in the same industry are more expensive than CWH, based on the Price/Forward Earnings ratio.
  • CWH is valuated cheaply when we compare the Price/Forward Earnings ratio to 28.05, which is the current average of the S&P500 Index.
Industry RankSector Rank
PE 75.64
Fwd PE 9.6
CWH Price Earnings VS Forward Price EarningsCWH Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 20 40 60

4.2 Price Multiples

  • CWH's Enterprise Value to EBITDA is on the same level as the industry average.
Industry RankSector Rank
P/FCF N/A
EV/EBITDA 11.54
CWH Per share dataCWH EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 20 40 60

4.3 Compensation for Growth

  • The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
  • A more expensive valuation may be justified as CWH's earnings are expected to grow with 257.58% in the coming years.
PEG (NY)0.11
PEG (5Y)N/A
EPS Next 2Y257.58%
EPS Next 3YN/A

5

5. Dividend

5.1 Amount

  • CWH has a Yearly Dividend Yield of 5.81%, which is a nice return.
  • The stock price of CWH dropped by -25.65% in the last 3 months. With lower prices the dividend yield is higher, but it may be a sign investors do not trust the long term dividend.
  • Compared to an average industry Dividend Yield of 2.33, CWH pays a better dividend. On top of this CWH pays more dividend than 93.50% of the companies listed in the same industry.
  • Compared to an average S&P500 Dividend Yield of 1.82, CWH pays a better dividend.
Industry RankSector Rank
Dividend Yield 5.81%

5.2 History

  • The dividend of CWH decreases each year by -24.15%.
  • CWH has paid a dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)-24.15%
Div Incr Years0
Div Non Decr Years0
CWH Yearly Dividends per shareCWH Yearly Dividends per shareYearly Dividends per share 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0.5 1 1.5 2 2.5

5.3 Sustainability

  • CWH has negative earnings and hence a negative payout ratio. The dividend may be in danger.
DP-57.88%
EPS Next 2Y257.58%
EPS Next 3YN/A
CWH Yearly Income VS Free CF VS DividendCWH Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 200M 400M 600M

CAMPING WORLD HOLDINGS INC-A

NYSE:CWH (2/27/2026, 8:04:00 PM)

After market: 8.35 +0.03 (+0.36%)

8.32

-0.29 (-3.37%)

Chartmill FA Rating
GICS IndustryGroupConsumer Discretionary Distribution & Retail
GICS IndustrySpecialty Retail
Earnings (Last)02-24
Earnings (Next)04-27
Inst Owners99.44%
Inst Owner Change-2.21%
Ins Owners1.4%
Ins Owner Change5%
Market Cap851.05M
Revenue(TTM)6.37B
Net Income(TTM)-54.10M
Analysts82.35
Price Target18.12 (117.79%)
Short Float %16.52%
Short Ratio4.3
Dividend
Industry RankSector Rank
Dividend Yield 5.81%
Yearly Dividend0.27
Dividend Growth(5Y)-24.15%
DP-57.88%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)16.41%
Min EPS beat(2)-8.84%
Max EPS beat(2)41.65%
EPS beat(4)3
Avg EPS beat(4)17.15%
Min EPS beat(4)-8.84%
Max EPS beat(4)41.65%
EPS beat(8)5
Avg EPS beat(8)8.87%
EPS beat(12)7
Avg EPS beat(12)-92.65%
EPS beat(16)9
Avg EPS beat(16)-70.56%
Revenue beat(2)2
Avg Revenue beat(2)3.19%
Min Revenue beat(2)2.16%
Max Revenue beat(2)4.22%
Revenue beat(4)3
Avg Revenue beat(4)2.58%
Min Revenue beat(4)-1.91%
Max Revenue beat(4)5.84%
Revenue beat(8)4
Avg Revenue beat(8)-0.08%
Revenue beat(12)6
Avg Revenue beat(12)-0.24%
Revenue beat(16)10
Avg Revenue beat(16)0.68%
PT rev (1m)0%
PT rev (3m)0%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-12%
EPS NY rev (1m)0%
EPS NY rev (3m)-22.86%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-0.09%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-1.27%
Valuation
Industry RankSector Rank
PE 75.64
Fwd PE 9.6
P/S 0.13
P/FCF N/A
P/OCF N/A
P/B 2.87
P/tB N/A
EV/EBITDA 11.54
EPS(TTM)0.11
EY1.32%
EPS(NY)0.87
Fwd EY10.42%
FCF(TTM)-1.71
FCFYN/A
OCF(TTM)-0.67
OCFYN/A
SpS62.57
BVpS2.9
TBVpS-4.59
PEG (NY)0.11
PEG (5Y)N/A
Graham Number2.68
Profitability
Industry RankSector Rank
ROA -1.08%
ROE -18.27%
ROCE 7.42%
ROIC 5.86%
ROICexc 6.36%
ROICexgc 8.85%
OM 3.43%
PM (TTM) N/A
GM 29.93%
FCFM N/A
ROA(3y)-0.64%
ROA(5y)1.46%
ROE(3y)-8.73%
ROE(5y)48.52%
ROIC(3y)5.52%
ROIC(5y)11.07%
ROICexc(3y)5.79%
ROICexc(5y)11.87%
ROICexgc(3y)7.88%
ROICexgc(5y)15.41%
ROCE(3y)6.99%
ROCE(5y)14.01%
ROICexgc growth 3Y-29.14%
ROICexgc growth 5Y-20.91%
ROICexc growth 3Y-31.01%
ROICexc growth 5Y-22.45%
OM growth 3Y-30.22%
OM growth 5Y-20.94%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-3.18%
GM growth 5Y-1.17%
F-Score3
Asset Turnover1.28
Health
Industry RankSector Rank
Debt/Equity 5.36
Debt/FCF N/A
Debt/EBITDA 5.09
Cap/Depr 114.93%
Cap/Sales 1.67%
Interest Coverage N/A
Cash Conversion N/A
Profit Quality N/A
Current Ratio 1.26
Quick Ratio 0.27
Altman-Z 1.69
F-Score3
WACC6.57%
ROIC/WACC0.89
Cap/Depr(3y)N/A
Cap/Depr(5y)N/A
Cap/Sales(3y)N/A
Cap/Sales(5y)N/A
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)130.56%
EPS 3Y-70.26%
EPS 5Y-50.36%
EPS Q2Q%-55.32%
EPS Next Y688.03%
EPS Next 2Y257.58%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)4.41%
Revenue growth 3Y-2.95%
Revenue growth 5Y3.18%
Sales Q2Q%-2.57%
Revenue Next Year3.8%
Revenue Next 2Y5.58%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y28.59%
EBIT growth 3Y-32.28%
EBIT growth 5Y-18.42%
EBIT Next Year42.18%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-342.9%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-138.71%
OCF growth 3YN/A
OCF growth 5YN/A

CAMPING WORLD HOLDINGS INC-A / CWH FAQ

What is the ChartMill fundamental rating of CAMPING WORLD HOLDINGS INC-A (CWH) stock?

ChartMill assigns a fundamental rating of 3 / 10 to CWH.


What is the valuation status of CAMPING WORLD HOLDINGS INC-A (CWH) stock?

ChartMill assigns a valuation rating of 5 / 10 to CAMPING WORLD HOLDINGS INC-A (CWH). This can be considered as Fairly Valued.


Can you provide the profitability details for CAMPING WORLD HOLDINGS INC-A?

CAMPING WORLD HOLDINGS INC-A (CWH) has a profitability rating of 3 / 10.


Can you provide the PE and PB ratios for CWH stock?

The Price/Earnings (PE) ratio for CAMPING WORLD HOLDINGS INC-A (CWH) is 75.64 and the Price/Book (PB) ratio is 2.87.


How sustainable is the dividend of CAMPING WORLD HOLDINGS INC-A (CWH) stock?

The dividend rating of CAMPING WORLD HOLDINGS INC-A (CWH) is 5 / 10 and the dividend payout ratio is -57.88%.