THOR INDUSTRIES INC (THO) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:THO - US8851601018 - Common Stock
105.99 USD
-1.31 (-1.22%)
105.99 USD
0 (0%)
Overall THO gets a fundamental rating of 6 out of 10. We evaluated THO 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. These ratings would make THO suitable 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.
Each year in the past 5 years THO had a positive operating cash flow.
1.2 Ratios
The Return On Assets of THO (3.66%) is better 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 Return On Invested Capital of 5.12%. This is amongst the best in the industry. THO outperforms 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.
THO has a Operating Margin of 3.64%. This is amongst the best in the industry. THO outperforms 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.
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.
Compared to 1 year ago, THO has less shares outstanding
Compared to 5 years ago, THO has less shares outstanding
The debt/assets ratio for THO has been reduced compared to a year ago.
2.2 Solvency
THO has an Altman-Z score of 3.80. This indicates that THO is financially healthy and has little risk of bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 3.80, THO belongs to the top of the industry, outperforming 88.89% of the companies in the same industry.
THO has a debt to FCF ratio of 2.17. This is a good value and a sign of high solvency as THO would need 2.17 years to pay back of all of its debts.
THO has a better Debt to FCF ratio (2.17) than 91.67% of its industry peers.
A Debt/Equity ratio of 0.23 indicates that THO is not too dependend on debt financing.
THO has a better Debt to Equity ratio (0.23) than 80.56% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.23 | ||
| Debt/FCF | 2.17 | ||
| Altman-Z | 3.8 |
ROIC/WACC0.57
WACC8.9%
2.3 Liquidity
THO has a Current Ratio of 1.75. This is a normal value and indicates that THO is financially healthy and should not expect problems in meeting its short term obligations.
THO has a better Current ratio (1.75) 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.
THO's Quick ratio of 0.90 is in line compared to the rest of the industry. THO outperforms 52.78% of its industry peers.
| 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.
The Earnings Per Share has been decreasing by -0.12% on average over the past years.
Looking at the last year, THO shows a decrease in Revenue. The Revenue has decreased by -4.62% in the last 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
The Earnings Per Share is expected to grow by 23.52% on average over the next years. This is a very strong growth
The Revenue is expected to grow by 8.77% on average over the next years. This is quite good.
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
The Price/Earnings ratio is 21.85, which indicates a rather expensive current valuation of THO.
THO's Price/Earnings ratio is rather cheap when compared to the industry. THO is cheaper than 83.33% of the companies in the same industry.
THO is valuated at similar levels of the S&P average when we compare the Price/Earnings ratio to 26.15, which is the current average of the S&P500 Index.
The Price/Forward Earnings ratio is 25.33, which means the current valuation is very expensive for THO.
72.22% of the companies in the same industry are more expensive than THO, based on the Price/Forward Earnings ratio.
Compared to an average S&P500 Price/Forward Earnings ratio of 36.12, THO is valued a bit cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 21.85 | ||
| Fwd PE | 25.33 |
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 | 12.26 | ||
| EV/EBITDA | 9.55 |
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 2.17%. 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 3.48. THO pays more dividend than 83.33% of the companies in the same industry.
THO's Dividend Yield is comparable with the S&P500 average which is at 2.41.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.17% |
5.2 History
The dividend of THO has a limited annual growth rate of 4.66%.
THO has paid a dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)4.66%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
41.05% 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.
DP41.05%
EPS Next 2Y7.8%
EPS Next 3Y14.67%
105.99
-1.31 (-1.22%)
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 (3.15%)
Short Float %7.1%
Short Ratio5.49
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.17% |
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 | 21.85 | ||
| Fwd PE | 25.33 | ||
| P/S | 0.58 | ||
| P/FCF | 12.26 | ||
| P/OCF | 9.65 | ||
| P/B | 1.3 | ||
| P/tB | 3.3 | ||
| EV/EBITDA | 9.55 |
EPS(TTM)4.85
EY4.58%
EPS(NY)4.18
Fwd EY3.95%
FCF(TTM)8.64
FCFY8.16%
OCF(TTM)10.98
OCFY10.36%
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 | 3.8 |
F-Score6
WACC8.9%
ROIC/WACC0.57
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 21.85 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.