THOR INDUSTRIES INC (THO) Stock Fundamental Analysis
USA - NYSE:THO - US8851601018 - Common Stock
99.77 USD
-1.64 (-1.62%)
99.77 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. This makes THO very considerable for quality investing!
1. Profitability
1.1 Basic Checks
In the past year THO was profitable.
THO had a positive operating cash flow in the past year.
In the past 5 years THO has always been profitable.
THO had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
Looking at the Return On Assets, with a value of 3.66%, THO belongs to the top of the industry, outperforming 86.11% of the companies in the same industry.
With an excellent Return On Equity value of 6.03%, THO belongs to the best of the industry, outperforming 80.56% of the companies in the same industry.
The Return On Invested Capital of THO (5.12%) is better than 91.67% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital 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
With an excellent Profit Margin value of 2.70%, THO belongs to the best of the industry, outperforming 83.33% of the companies in the same industry.
In the last couple of years the Profit Margin of THO has remained more or less at the same level.
With an excellent Operating Margin value of 3.64%, THO belongs to the best of the industry, outperforming 80.56% of the companies in the same industry.
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.
THO's Gross Margin has been stable in the last couple of years.
| 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.
THO has less shares outstanding than it did 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 3.75. This indicates that THO is financially healthy and has little risk of bankruptcy at the moment.
With an excellent Altman-Z score value of 3.75, THO belongs to the best of the industry, outperforming 86.11% 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.
Looking at the Debt to FCF ratio, with a value of 2.17, THO belongs to the top of the industry, outperforming 91.67% of the companies in the same industry.
A Debt/Equity ratio of 0.23 indicates that THO is not too dependend on debt financing.
Looking at the Debt to Equity ratio, with a value of 0.23, THO belongs to the top 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 | 3.75 |
ROIC/WACC0.61
WACC8.42%
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.
A Quick Ratio of 0.90 indicates that THO may have some problems paying its short term obligations.
The Quick ratio of THO (0.90) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.75 | ||
| Quick Ratio | 0.9 |
3. Growth
3.1 Past
The earnings per share for THO have decreased by -5.83% in the last year.
Measured over the past years, THO shows a decrease in Earnings Per Share. The EPS has been decreasing by -0.12% on average per year.
Looking at the last year, THO shows a decrease in Revenue. The Revenue has decreased by -4.62% in the last year.
THO shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 3.24% yearly.
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.
THO is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 8.77% yearly.
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
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 20.57 indicates a rather expensive valuation of THO.
Based on the Price/Earnings ratio, THO is valued cheaper than 80.56% of the companies in the same industry.
When comparing the Price/Earnings ratio of THO to the average of the S&P500 Index (26.34), we can say THO is valued slightly cheaper.
Based on the Price/Forward Earnings ratio of 23.85, the valuation of THO can be described as rather expensive.
72.22% of the companies in the same industry are more expensive than THO, based on the Price/Forward Earnings ratio.
The average S&P500 Price/Forward Earnings ratio is at 34.43. THO is valued slightly cheaper when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 20.57 | ||
| Fwd PE | 23.85 |
4.2 Price Multiples
83.33% of the companies in the same industry are more expensive than THO, based on the Enterprise Value to EBITDA ratio.
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 | 11.54 | ||
| EV/EBITDA | 9.16 |
4.3 Compensation for Growth
The decent profitability rating of THO 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 2.04%. Purely for dividend investing, there may be better candidates out there.
Compared to an average industry Dividend Yield of 3.35, THO pays a better dividend. On top of this THO pays more dividend than 83.33% of the companies listed in the same industry.
THO's Dividend Yield is comparable with the S&P500 average which is at 2.36.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.04% |
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.
The dividend of THO is growing, but earnings are growing more, so the dividend growth is sustainable.
DP41.05%
EPS Next 2Y7.8%
EPS Next 3Y14.67%
99.77
-1.64 (-1.62%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupAutomobiles & Components
GICS IndustryAutomobiles
Earnings (Last)
Earnings (Next)
Inst Owners108.51%
Inst Owner Change-2.7%
Ins Owners4.48%
Ins Owner Change4.01%
Market Cap5.25B
Revenue(TTM)9.58B
Net Income(TTM)258.56M
Analysts68
Price Target109.04 (9.29%)
Short Float %7.09%
Short Ratio4.97
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.04% |
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)1.33%
PT rev (3m)26.17%
EPS NQ rev (1m)-184.53%
EPS NQ rev (3m)-133.21%
EPS NY rev (1m)-3.54%
EPS NY rev (3m)-11.41%
Revenue NQ rev (1m)-1.94%
Revenue NQ rev (3m)-3.27%
Revenue NY rev (1m)-0.25%
Revenue NY rev (3m)-2.47%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 20.57 | ||
| Fwd PE | 23.85 | ||
| P/S | 0.55 | ||
| P/FCF | 11.54 | ||
| P/OCF | 9.09 | ||
| P/B | 1.22 | ||
| P/tB | 3.11 | ||
| EV/EBITDA | 9.16 |
EPS(TTM)4.85
EY4.86%
EPS(NY)4.18
Fwd EY4.19%
FCF(TTM)8.64
FCFY8.66%
OCF(TTM)10.98
OCFY11.01%
SpS182.02
BVpS81.48
TBVpS32.08
PEG (NY)N/A
PEG (5Y)N/A
Graham Number94.3
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 | 3.75 |
F-Score6
WACC8.42%
ROIC/WACC0.61
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 6 / 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 20.57 and the Price/Book (PB) ratio is 1.22.
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.