THOR INDUSTRIES INC (THO) Stock Fundamental Analysis
USA - NYSE:THO - US8851601018 - Common Stock
104.14 USD
+0.15 (+0.14%)
THO gets a fundamental rating of 7 out of 10. The analysis compared the fundamentals against 37 industry peers in the Automobiles industry. THO has outstanding health and profitabily ratings, belonging to the best of the industry. This is a solid base for any company. THO has a correct valuation and a medium growth rate.
1. Profitability
1.1 Basic Checks
In the past year THO was profitable.
THO had a positive operating cash flow in the past year.
Each year in the past 5 years THO has been profitable.
THO had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
THO has a Return On Assets of 3.11%. This is amongst the best in the industry. THO outperforms 89.19% of its industry peers.
The Return On Equity of THO (5.28%) is better than 78.38% of its industry peers.
The Return On Invested Capital of THO (4.61%) is better than 86.49% of its industry peers.
The Average Return On Invested Capital over the past 3 years for THO is significantly above the industry average of 5.63%.
The 3 year average ROIC (11.53%) for THO is well above the current ROIC(4.61%). The reason for the recent decline needs to be investigated.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.11% | ||
| ROE | 5.28% | ||
| ROIC | 4.61% |
ROA(3y)8.1%
ROA(5y)7.61%
ROE(3y)15.87%
ROE(5y)15.96%
ROIC(3y)11.53%
ROIC(5y)11.18%
1.3 Margins
THO has a better Profit Margin (2.32%) than 81.08% of its industry peers.
In the last couple of years the Profit Margin of THO has grown nicely.
THO has a Operating Margin of 3.55%. This is amongst the best in the industry. THO outperforms 81.08% of its industry peers.
THO's Operating Margin has been stable in the last couple of years.
THO has a Gross Margin (14.30%) which is comparable to the rest of the industry.
THO's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 3.55% | ||
| PM (TTM) | 2.32% | ||
| GM | 14.3% |
OM growth 3Y-17.3%
OM growth 5Y-1.19%
PM growth 3Y-21%
PM growth 5Y9.28%
GM growth 3Y-2.05%
GM growth 5Y3.16%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), THO is creating some value.
The number of shares outstanding for THO has been reduced compared to 1 year ago.
The number of shares outstanding for THO has been reduced compared to 5 years ago.
The debt/assets ratio for THO has been reduced compared to a year ago.
2.2 Solvency
THO has an Altman-Z score of 3.66. This indicates that THO is financially healthy and has little risk of bankruptcy at the moment.
With an excellent Altman-Z score value of 3.66, THO belongs to the best of the industry, outperforming 89.19% of the companies in the same industry.
The Debt to FCF ratio of THO is 2.01, which is a good value as it means it would take THO, 2.01 years of fcf income to pay off all of its debts.
THO's Debt to FCF ratio of 2.01 is amongst the best of the industry. THO outperforms 91.89% of its industry peers.
THO has a Debt/Equity ratio of 0.26. This is a healthy value indicating a solid balance between debt and equity.
Looking at the Debt to Equity ratio, with a value of 0.26, THO belongs to the top of the industry, outperforming 81.08% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.26 | ||
| Debt/FCF | 2.01 | ||
| Altman-Z | 3.66 |
ROIC/WACC0.52
WACC8.88%
2.3 Liquidity
THO has a Current Ratio of 1.71. This is a normal value and indicates that THO is financially healthy and should not expect problems in meeting its short term obligations.
The Current ratio of THO (1.71) is better than 72.97% of its industry peers.
A Quick Ratio of 0.90 indicates that THO may have some problems paying its short term obligations.
THO's Quick ratio of 0.90 is in line compared to the rest of the industry. THO outperforms 54.05% of its industry peers.
THO does not score too well on the current and quick ratio evaluation. However, as it has excellent solvency and profitability, these ratios do not necessarly indicate liquidity issues and need to be evaluated against the specifics of the business.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.71 | ||
| Quick Ratio | 0.9 |
3. Growth
3.1 Past
The earnings per share for THO have decreased strongly by -19.03% in the last year.
The Earnings Per Share has been decreasing by -0.50% on average over the past years.
THO shows a decrease in Revenue. In the last year, the revenue decreased by -6.42%.
Measured over the past years, THO shows a small growth in Revenue. The Revenue has been growing by 5.01% on average per year.
EPS 1Y (TTM)-19.03%
EPS 3Y-24.23%
EPS 5Y-0.5%
EPS Q2Q%18.78%
Revenue 1Y (TTM)-6.42%
Revenue growth 3Y-6.58%
Revenue growth 5Y5.01%
Sales Q2Q%3.35%
3.2 Future
THO is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 21.06% yearly.
The Revenue is expected to grow by 7.06% on average over the next years.
EPS Next Y-25.3%
EPS Next 2Y-7.29%
EPS Next 3Y4.96%
EPS Next 5Y21.06%
Revenue Next Year-6.07%
Revenue Next 2Y-1.48%
Revenue Next 3Y1.38%
Revenue Next 5Y7.06%
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
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.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 24.97 indicates a rather expensive valuation of THO.
Based on the Price/Earnings ratio, THO is valued cheaper than 83.78% of the companies in the same industry.
When comparing the Price/Earnings ratio of THO to the average of the S&P500 Index (27.20), we can say THO is valued inline with the index average.
A Price/Forward Earnings ratio of 23.53 indicates a rather expensive valuation of THO.
Based on the Price/Forward Earnings ratio, THO is valued a bit cheaper than the industry average as 72.97% of the companies are valued more expensively.
THO is valuated at similar levels of the S&P average when we compare the Price/Forward Earnings ratio to 22.70, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 24.97 | ||
| Fwd PE | 23.53 |
4.2 Price Multiples
86.49% of the companies in the same industry are more expensive than THO, based on the Enterprise Value to EBITDA ratio.
Based on the Price/Free Cash Flow ratio, THO is valued cheaply inside the industry as 91.89% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 10.29 | ||
| EV/EBITDA | 9.84 |
4.3 Compensation for Growth
The excellent profitability rating of THO may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-7.29%
EPS Next 3Y4.96%
5. Dividend
5.1 Amount
THO has a Yearly Dividend Yield of 1.81%.
THO's Dividend Yield is rather good when compared to the industry average which is at 3.27. THO pays more dividend than 83.78% of the companies in the same industry.
Compared to the average S&P500 Dividend Yield of 2.38, THO is paying slightly less dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.81% |
5.2 History
The dividend of THO has a limited annual growth rate of 4.27%.
THO has paid a dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)4.27%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
47.20% of the earnings are spent on dividend by THO. 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.
DP47.2%
EPS Next 2Y-7.29%
EPS Next 3Y4.96%
NYSE:THO (9/18/2025, 1:39:41 PM)
104.14
+0.15 (+0.14%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupAutomobiles & Components
GICS IndustryAutomobiles
Earnings (Last)
Earnings (Next)
Inst Owners105.19%
Inst Owner Change1.28%
Ins Owners4.48%
Ins Owner Change-0.89%
Market Cap5.54B
Analysts67.62
Price Target92.08 (-11.58%)
Short Float %7.41%
Short Ratio5.57
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.81% |
Yearly Dividend1.92
Dividend Growth(5Y)4.27%
DP47.2%
Div Incr Years0
Div Non Decr Years0
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-36.72%
Min EPS beat(2)-114.48%
Max EPS beat(2)41.04%
EPS beat(4)2
Avg EPS beat(4)-37.43%
Min EPS beat(4)-114.48%
Max EPS beat(4)41.04%
EPS beat(8)5
Avg EPS beat(8)-13.79%
EPS beat(12)8
Avg EPS beat(12)1.59%
EPS beat(16)12
Avg EPS beat(16)10.15%
Revenue beat(2)2
Avg Revenue beat(2)5.79%
Min Revenue beat(2)1.26%
Max Revenue beat(2)10.32%
Revenue beat(4)3
Avg Revenue beat(4)1.95%
Min Revenue beat(4)-5.35%
Max Revenue beat(4)10.32%
Revenue beat(8)5
Avg Revenue beat(8)2.14%
Revenue beat(12)8
Avg Revenue beat(12)1.8%
Revenue beat(16)12
Avg Revenue beat(16)3.73%
PT rev (1m)6.55%
PT rev (3m)8.41%
EPS NQ rev (1m)-1.67%
EPS NQ rev (3m)-9.38%
EPS NY rev (1m)-0.6%
EPS NY rev (3m)8.25%
Revenue NQ rev (1m)-0.17%
Revenue NQ rev (3m)-1.09%
Revenue NY rev (1m)0.01%
Revenue NY rev (3m)1.5%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 24.97 | ||
| Fwd PE | 23.53 | ||
| P/S | 0.58 | ||
| P/FCF | 10.29 | ||
| P/OCF | 8.43 | ||
| P/B | 1.31 | ||
| P/tB | 3.46 | ||
| EV/EBITDA | 9.84 |
EPS(TTM)4.17
EY4%
EPS(NY)4.43
Fwd EY4.25%
FCF(TTM)10.13
FCFY9.72%
OCF(TTM)12.35
OCFY11.86%
SpS180.26
BVpS79.39
TBVpS30.11
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.11% | ||
| ROE | 5.28% | ||
| ROCE | 6.18% | ||
| ROIC | 4.61% | ||
| ROICexc | 5.07% | ||
| ROICexgc | 10.49% | ||
| OM | 3.55% | ||
| PM (TTM) | 2.32% | ||
| GM | 14.3% | ||
| FCFM | 5.62% |
ROA(3y)8.1%
ROA(5y)7.61%
ROE(3y)15.87%
ROE(5y)15.96%
ROIC(3y)11.53%
ROIC(5y)11.18%
ROICexc(3y)12.36%
ROICexc(5y)12.16%
ROICexgc(3y)26.95%
ROICexgc(5y)27.77%
ROCE(3y)15.37%
ROCE(5y)14.9%
ROICexcg growth 3Y-27.81%
ROICexcg growth 5Y-5.33%
ROICexc growth 3Y-25.87%
ROICexc growth 5Y-1.71%
OM growth 3Y-17.3%
OM growth 5Y-1.19%
PM growth 3Y-21%
PM growth 5Y9.28%
GM growth 3Y-2.05%
GM growth 5Y3.16%
F-Score7
Asset Turnover1.34
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.26 | ||
| Debt/FCF | 2.01 | ||
| Debt/EBITDA | 1.76 | ||
| Cap/Depr | 43.38% | ||
| Cap/Sales | 1.24% | ||
| Interest Coverage | 5.09 | ||
| Cash Conversion | 107.03% | ||
| Profit Quality | 241.75% | ||
| Current Ratio | 1.71 | ||
| Quick Ratio | 0.9 | ||
| Altman-Z | 3.66 |
F-Score7
WACC8.88%
ROIC/WACC0.52
Cap/Depr(3y)70.25%
Cap/Depr(5y)64.21%
Cap/Sales(3y)1.58%
Cap/Sales(5y)1.42%
Profit Quality(3y)141.79%
Profit Quality(5y)136.07%
High Growth Momentum
Growth
EPS 1Y (TTM)-19.03%
EPS 3Y-24.23%
EPS 5Y-0.5%
EPS Q2Q%18.78%
EPS Next Y-25.3%
EPS Next 2Y-7.29%
EPS Next 3Y4.96%
EPS Next 5Y21.06%
Revenue 1Y (TTM)-6.42%
Revenue growth 3Y-6.58%
Revenue growth 5Y5.01%
Sales Q2Q%3.35%
Revenue Next Year-6.07%
Revenue Next 2Y-1.48%
Revenue Next 3Y1.38%
Revenue Next 5Y7.06%
EBIT growth 1Y-22.93%
EBIT growth 3Y-22.74%
EBIT growth 5Y3.77%
EBIT Next Year49.82%
EBIT Next 3Y23.76%
EBIT Next 5Y25.93%
FCF growth 1Y-10.92%
FCF growth 3Y0.69%
FCF growth 5Y1.45%
OCF growth 1Y-20.51%
OCF growth 3Y1.19%
OCF growth 5Y1.44%