THOR INDUSTRIES INC (THO) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:THO - US8851601018 - Common Stock
105.62 USD
-0.37 (-0.35%)
105.62 USD
0 (0%)
THO gets a fundamental rating of 6 out of 10. The analysis compared the fundamentals against 36 industry peers in the Automobiles industry. Both the health and profitability get an excellent rating, making THO a very profitable company, without any liquidiy or solvency issues. THO has a decent growth rate and is not valued too expensively. With these ratings, THO could be worth investigating further for quality investing!.
1. Profitability
1.1 Basic Checks
In the past year THO was profitable.
In the past year THO had a positive cash flow from operations.
THO had positive earnings in each of the past 5 years.
In the past 5 years THO always reported a positive cash flow from operatings.
1.2 Ratios
THO has a better Return On Assets (3.66%) than 86.11% of its industry peers.
THO's Return On Equity of 6.03% is amongst the best of the industry. THO outperforms 80.56% of its industry peers.
THO has a better Return On Invested Capital (5.12%) than 91.67% of its industry peers.
The Average Return On Invested Capital over the past 3 years for THO is in line with the industry average of 5.83%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.66% | ||
| ROE | 6.03% | ||
| ROIC | 5.12% |
ROA(3y)4.2%
ROA(5y)7.57%
ROE(3y)7.32%
ROE(5y)15.24%
ROIC(3y)6.72%
ROIC(5y)11.6%
1.3 Margins
THO has a Profit Margin of 2.70%. This is amongst the best in the industry. THO outperforms 83.33% of its industry peers.
THO's Profit Margin has been stable in the last couple of years.
The Operating Margin of THO (3.64%) is better than 80.56% of its industry peers.
In the last couple of years the Operating Margin of THO has declined.
With a decent Gross Margin value of 13.99%, THO is doing good in the industry, outperforming 61.11% of the companies in the same industry.
In the last couple of years the Gross Margin of THO has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 3.64% | ||
| PM (TTM) | 2.7% | ||
| GM | 13.99% |
OM growth 3Y-27.39%
OM growth 5Y-5.16%
PM growth 3Y-27.13%
PM growth 5Y-0.23%
GM growth 3Y-6.65%
GM growth 5Y0.44%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), THO is destroying value.
Compared to 1 year ago, THO has less shares outstanding
THO has less shares outstanding than it did 5 years ago.
THO has a better debt/assets ratio than last year.
2.2 Solvency
THO has an Altman-Z score of 3.80. This indicates that THO is financially healthy and has little risk of bankruptcy at the moment.
With an excellent Altman-Z score value of 3.80, THO belongs to the best of the industry, outperforming 88.89% of the companies in the same industry.
The Debt to FCF ratio of THO is 2.17, which is a good value as it means it would take THO, 2.17 years of fcf income to pay off all of its debts.
THO's Debt to FCF ratio of 2.17 is amongst the best of the industry. THO outperforms 91.67% of its industry peers.
THO has a Debt/Equity ratio of 0.23. This is a healthy value indicating a solid balance between debt and equity.
With an excellent Debt to Equity ratio value of 0.23, THO belongs to the best of the industry, outperforming 80.56% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.23 | ||
| Debt/FCF | 2.17 | ||
| Altman-Z | 3.8 |
ROIC/WACC0.6
WACC8.56%
2.3 Liquidity
A Current Ratio of 1.75 indicates that THO should not have too much problems paying its short term obligations.
The Current ratio of THO (1.75) is better than 72.22% of its industry peers.
THO has a Quick Ratio of 1.75. This is a bad value and indicates that THO is not financially healthy enough and could expect problems in meeting its short term obligations.
Looking at the Quick ratio, with a value of 0.90, THO is in line with its industry, outperforming 52.78% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.75 | ||
| Quick Ratio | 0.9 |
3. Growth
3.1 Past
THO shows a slight negative growth in Earnings Per Share. In the last year, the EPS has decreased by -5.83%.
THO shows a decrease in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -0.12% yearly.
The Revenue has decreased by -4.62% in the past year.
Measured over the past years, THO shows a small growth in Revenue. The Revenue has been growing by 3.24% on average per year.
EPS 1Y (TTM)-5.83%
EPS 3Y-38.25%
EPS 5Y-0.12%
EPS Q2Q%40.48%
Revenue 1Y (TTM)-4.62%
Revenue growth 3Y-16.26%
Revenue growth 5Y3.24%
Sales Q2Q%-0.41%
3.2 Future
THO is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 23.52% yearly.
Based on estimates for the next years, THO will show a quite strong growth in Revenue. The Revenue will grow by 8.77% on average per year.
EPS Next Y-13.74%
EPS Next 2Y7.8%
EPS Next 3Y14.67%
EPS Next 5Y23.52%
Revenue Next Year1.16%
Revenue Next 2Y3.49%
Revenue Next 3Y4.81%
Revenue Next 5Y8.77%
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
THO is valuated rather expensively with a Price/Earnings ratio of 21.78.
Based on the Price/Earnings ratio, THO is valued cheaper than 83.33% of the companies in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 26.31, THO is valued at the same level.
With a Price/Forward Earnings ratio of 25.25, THO can be considered very expensive at the moment.
Based on the Price/Forward Earnings ratio, THO is valued a bit cheaper than the industry average as 72.22% of the companies are valued more expensively.
THO is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 36.56, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 21.78 | ||
| Fwd PE | 25.25 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, THO is valued cheaper than 83.33% of the companies in the same industry.
88.89% of the companies in the same industry are more expensive than THO, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 12.27 | ||
| EV/EBITDA | 9.55 |
4.3 Compensation for Growth
THO has a very decent profitability rating, which may justify a higher PE ratio.
THO's earnings are expected to grow with 14.67% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y7.8%
EPS Next 3Y14.67%
5. Dividend
5.1 Amount
THO has a Yearly Dividend Yield of 1.96%. Purely for dividend investing, there may be better candidates out there.
THO's Dividend Yield is rather good when compared to the industry average which is at 3.30. THO pays more dividend than 83.33% of the companies in the same industry.
Compared to an average S&P500 Dividend Yield of 2.32, THO has a dividend comparable with the average S&P500 company.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.96% |
5.2 History
The dividend of THO has a limited annual growth rate of 4.66%.
THO has been paying a dividend for at least 10 years, so it has a reliable track record.
Dividend Growth(5Y)4.66%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
THO pays out 41.05% of its income as dividend. This is a bit on the high side, but may be sustainable.
THO's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP41.05%
EPS Next 2Y7.8%
EPS Next 3Y14.67%
105.62
-0.37 (-0.35%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupAutomobiles & Components
GICS IndustryAutomobiles
Earnings (Last)
Earnings (Next)
Inst Owners108.51%
Inst Owner Change-8.47%
Ins Owners4.48%
Ins Owner Change4.01%
Market Cap5.58B
Revenue(TTM)9.58B
Net Income(TTM)258.56M
Analysts68
Price Target109.33 (3.51%)
Short Float %7.1%
Short Ratio5.49
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.96% |
Yearly Dividend2.01
Dividend Growth(5Y)4.66%
DP41.05%
Div Incr Years0
Div Non Decr Years0
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)64.65%
Min EPS beat(2)41.04%
Max EPS beat(2)88.26%
EPS beat(4)2
Avg EPS beat(4)-22.35%
Min EPS beat(4)-114.48%
Max EPS beat(4)88.26%
EPS beat(8)5
Avg EPS beat(8)-11.96%
EPS beat(12)8
Avg EPS beat(12)6.36%
EPS beat(16)12
Avg EPS beat(16)13.18%
Revenue beat(2)2
Avg Revenue beat(2)8.72%
Min Revenue beat(2)7.12%
Max Revenue beat(2)10.32%
Revenue beat(4)3
Avg Revenue beat(4)3.34%
Min Revenue beat(4)-5.35%
Max Revenue beat(4)10.32%
Revenue beat(8)5
Avg Revenue beat(8)1.52%
Revenue beat(12)8
Avg Revenue beat(12)2.15%
Revenue beat(16)12
Avg Revenue beat(16)3.75%
PT rev (1m)1.59%
PT rev (3m)24.89%
EPS NQ rev (1m)-36.8%
EPS NQ rev (3m)-148.42%
EPS NY rev (1m)0%
EPS NY rev (3m)-5.48%
Revenue NQ rev (1m)-0.1%
Revenue NQ rev (3m)-3.27%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-2.19%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 21.78 | ||
| Fwd PE | 25.25 | ||
| P/S | 0.58 | ||
| P/FCF | 12.27 | ||
| P/OCF | 9.66 | ||
| P/B | 1.3 | ||
| P/tB | 3.31 | ||
| EV/EBITDA | 9.55 |
EPS(TTM)4.85
EY4.59%
EPS(NY)4.18
Fwd EY3.96%
FCF(TTM)8.61
FCFY8.15%
OCF(TTM)10.94
OCFY10.36%
SpS181.29
BVpS81.16
TBVpS31.96
PEG (NY)N/A
PEG (5Y)N/A
Graham Number94.11
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.66% | ||
| ROE | 6.03% | ||
| ROCE | 6.36% | ||
| ROIC | 5.12% | ||
| ROICexc | 5.72% | ||
| ROICexgc | 12.04% | ||
| OM | 3.64% | ||
| PM (TTM) | 2.7% | ||
| GM | 13.99% | ||
| FCFM | 4.75% |
ROA(3y)4.2%
ROA(5y)7.57%
ROE(3y)7.32%
ROE(5y)15.24%
ROIC(3y)6.72%
ROIC(5y)11.6%
ROICexc(3y)7.38%
ROICexc(5y)12.57%
ROICexgc(3y)15.82%
ROICexgc(5y)27.7%
ROCE(3y)8.35%
ROCE(5y)14.36%
ROICexgc growth 3Y-38.46%
ROICexgc growth 5Y-12.23%
ROICexc growth 3Y-37.57%
ROICexc growth 5Y-7.38%
OM growth 3Y-27.39%
OM growth 5Y-5.16%
PM growth 3Y-27.13%
PM growth 5Y-0.23%
GM growth 3Y-6.65%
GM growth 5Y0.44%
F-Score6
Asset Turnover1.36
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.23 | ||
| Debt/FCF | 2.17 | ||
| Debt/EBITDA | 1.58 | ||
| Cap/Depr | 45.35% | ||
| Cap/Sales | 1.28% | ||
| Interest Coverage | 5.94 | ||
| Cash Conversion | 93.27% | ||
| Profit Quality | 175.95% | ||
| Current Ratio | 1.75 | ||
| Quick Ratio | 0.9 | ||
| Altman-Z | 3.8 |
F-Score6
WACC8.56%
ROIC/WACC0.6
Cap/Depr(3y)56.97%
Cap/Depr(5y)62.4%
Cap/Sales(3y)1.52%
Cap/Sales(5y)1.42%
Profit Quality(3y)178.53%
Profit Quality(5y)132.32%
High Growth Momentum
Growth
EPS 1Y (TTM)-5.83%
EPS 3Y-38.25%
EPS 5Y-0.12%
EPS Q2Q%40.48%
EPS Next Y-13.74%
EPS Next 2Y7.8%
EPS Next 3Y14.67%
EPS Next 5Y23.52%
Revenue 1Y (TTM)-4.62%
Revenue growth 3Y-16.26%
Revenue growth 5Y3.24%
Sales Q2Q%-0.41%
Revenue Next Year1.16%
Revenue Next 2Y3.49%
Revenue Next 3Y4.81%
Revenue Next 5Y8.77%
EBIT growth 1Y-19.47%
EBIT growth 3Y-39.2%
EBIT growth 5Y-2.09%
EBIT Next Year111.82%
EBIT Next 3Y38.82%
EBIT Next 5Y33.97%
FCF growth 1Y12.08%
FCF growth 3Y-15.26%
FCF growth 5Y0.94%
OCF growth 1Y5.93%
OCF growth 3Y-16.43%
OCF growth 5Y1.33%
THOR INDUSTRIES INC / THO FAQ
What is the fundamental rating for THO stock?
ChartMill assigns a fundamental rating of 6 / 10 to THO.
Can you provide the valuation status for THOR INDUSTRIES INC?
ChartMill assigns a valuation rating of 5 / 10 to THOR INDUSTRIES INC (THO). This can be considered as Fairly Valued.
What is the profitability of THO stock?
THOR INDUSTRIES INC (THO) has a profitability rating of 7 / 10.
Can you provide the PE and PB ratios for THO stock?
The Price/Earnings (PE) ratio for THOR INDUSTRIES INC (THO) is 21.78 and the Price/Book (PB) ratio is 1.3.
What is the earnings growth outlook for THOR INDUSTRIES INC?
The Earnings per Share (EPS) of THOR INDUSTRIES INC (THO) is expected to decline by -13.74% in the next year.