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THOR INDUSTRIES INC (THO) Stock Fundamental Analysis

USA - New York Stock Exchange - NYSE:THO - US8851601018 - Common Stock

111.87 USD
-2.52 (-2.2%)
Last: 1/28/2026, 8:19:15 PM
111.87 USD
0 (0%)
After Hours: 1/28/2026, 8:19:15 PM
Fundamental Rating

7

Taking everything into account, THO scores 7 out of 10 in our fundamental rating. THO was compared to 35 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 correct valuation and a medium growth rate. These ratings could make THO a good candidate for quality investing.


Dividend Valuation Growth Profitability Health

7

1. Profitability

1.1 Basic Checks

  • THO had positive earnings in the past year.
  • In the past year THO had a positive cash flow from operations.
  • In the past 5 years THO has always been profitable.
  • Each year in the past 5 years THO had a positive operating cash flow.
THO Yearly Net Income VS EBIT VS OCF VS FCFTHO 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 500M 1B 1.5B

1.2 Ratios

  • THO has a better Return On Assets (4.03%) than 91.43% of its industry peers.
  • THO's Return On Equity of 6.56% is amongst the best of the industry. THO outperforms 85.71% of its industry peers.
  • THO's Return On Invested Capital of 5.48% is amongst the best of the industry. THO outperforms 94.29% 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 5.56%.
Industry RankSector Rank
ROA 4.03%
ROE 6.56%
ROIC 5.48%
ROA(3y)4.2%
ROA(5y)7.57%
ROE(3y)7.32%
ROE(5y)15.24%
ROIC(3y)6.72%
ROIC(5y)11.6%
THO Yearly ROA, ROE, ROICTHO Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 10 20 30

1.3 Margins

  • The Profit Margin of THO (2.87%) is better than 82.86% of its industry peers.
  • THO's Profit Margin has been stable in the last couple of years.
  • THO has a better Operating Margin (3.81%) than 85.71% of its industry peers.
  • THO's Operating Margin has declined in the last couple of years.
  • With a decent Gross Margin value of 14.05%, THO is doing good in the industry, outperforming 68.57% 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 RankSector Rank
OM 3.81%
PM (TTM) 2.87%
GM 14.05%
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%
THO Yearly Profit, Operating, Gross MarginsTHO Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 5 10 15

7

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.
  • THO has less shares outstanding than it did 5 years ago.
  • The debt/assets ratio for THO has been reduced compared to a year ago.
THO Yearly Shares OutstandingTHO Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 10M 20M 30M 40M 50M
THO Yearly Total Debt VS Total AssetsTHO Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2B 4B 6B

2.2 Solvency

  • THO has an Altman-Z score of 3.99. This indicates that THO is financially healthy and has little risk of bankruptcy at the moment.
  • THO has a better Altman-Z score (3.99) than 94.29% of its industry peers.
  • THO has a debt to FCF ratio of 2.63. This is a good value and a sign of high solvency as THO would need 2.63 years to pay back of all of its debts.
  • Looking at the Debt to FCF ratio, with a value of 2.63, THO belongs to the top of the industry, outperforming 91.43% of the companies in the same industry.
  • A Debt/Equity ratio of 0.23 indicates that THO is not too dependend on debt financing.
  • THO has a Debt to Equity ratio of 0.23. This is in the better half of the industry: THO outperforms 71.43% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.23
Debt/FCF 2.63
Altman-Z 3.99
ROIC/WACC0.58
WACC9.52%
THO Yearly LT Debt VS Equity VS FCFTHO Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 1B 2B 3B 4B

2.3 Liquidity

  • THO has a Current Ratio of 1.81. 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 (1.81) than 68.57% of its industry peers.
  • A Quick Ratio of 0.83 indicates that THO may have some problems paying its short term obligations.
  • THO has a Quick ratio (0.83) which is in line with its industry peers.
Industry RankSector Rank
Current Ratio 1.81
Quick Ratio 0.83
THO Yearly Current Assets VS Current LiabilitesTHO Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 1B 2B 3B

6

3. Growth

3.1 Past

  • The Earnings Per Share has grown by an impressive 28.09% over the past year.
  • THO shows a decrease in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -0.12% yearly.
  • THO shows a small growth in Revenue. In the last year, the Revenue has grown by 1.45%.
  • 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)28.09%
EPS 3Y-38.25%
EPS 5Y-0.12%
EPS Q2Q%1466.67%
Revenue 1Y (TTM)1.45%
Revenue growth 3Y-16.26%
Revenue growth 5Y3.24%
Sales Q2Q%11.5%

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.
  • The Revenue is expected to grow by 8.77% on average over the next years. This is quite good.
EPS Next Y-11.82%
EPS Next 2Y8.66%
EPS Next 3Y12.69%
EPS Next 5Y23.52%
Revenue Next Year2.7%
Revenue Next 2Y3.87%
Revenue Next 3Y5.1%
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.
THO Yearly Revenue VS EstimatesTHO Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 5B 10B 15B
THO Yearly EPS VS EstimatesTHO Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 5 10 15 20

6

4. Valuation

4.1 Price/Earnings Ratio

  • A Price/Earnings ratio of 21.15 indicates a rather expensive valuation of THO.
  • THO's Price/Earnings ratio is rather cheap when compared to the industry. THO is cheaper than 85.71% of the companies in the same industry.
  • When comparing the Price/Earnings ratio of THO to the average of the S&P500 Index (28.60), we can say THO is valued slightly cheaper.
  • A Price/Forward Earnings ratio of 19.54 indicates a rather expensive valuation of THO.
  • 74.29% of the companies in the same industry are more expensive than THO, based on the Price/Forward Earnings ratio.
  • When comparing the Price/Forward Earnings ratio of THO to the average of the S&P500 Index (25.83), we can say THO is valued slightly cheaper.
Industry RankSector Rank
PE 21.15
Fwd PE 19.54
THO Price Earnings VS Forward Price EarningsTHO Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30

4.2 Price Multiples

  • Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of THO indicates a rather cheap valuation: THO is cheaper than 85.71% of the companies listed in the same industry.
  • 88.57% of the companies in the same industry are more expensive than THO, based on the Price/Free Cash Flow ratio.
Industry RankSector Rank
P/FCF 15.85
EV/EBITDA 9.82
THO Per share dataTHO EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 50 100 150

4.3 Compensation for Growth

  • THO has a very decent profitability rating, which may justify a higher PE ratio.
  • A more expensive valuation may be justified as THO's earnings are expected to grow with 12.69% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y8.66%
EPS Next 3Y12.69%

6

5. Dividend

5.1 Amount

  • THO has a Yearly Dividend Yield of 1.76%. 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 0.84. THO pays more dividend than 82.86% of the companies in the same industry.
  • THO's Dividend Yield is comparable with the S&P500 average which is at 1.82.
Industry RankSector Rank
Dividend Yield 1.76%

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
THO Yearly Dividends per shareTHO Yearly Dividends per shareYearly Dividends per share 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 0.5 1 1.5 2

5.3 Sustainability

  • THO pays out 37.63% of its income as dividend. This is a sustainable payout ratio.
  • THO's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP37.63%
EPS Next 2Y8.66%
EPS Next 3Y12.69%
THO Yearly Income VS Free CF VS DividendTHO Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 200M 400M 600M 800M 1B
THO Dividend Payout.THO Dividend Payout, showing the Payout Ratio.THO Dividend Payout.PayoutRetained Earnings

THOR INDUSTRIES INC / THO FAQ

What is the fundamental rating for THO stock?

ChartMill assigns a fundamental rating of 7 / 10 to THO.


What is the valuation status of THOR INDUSTRIES INC (THO) stock?

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.


How financially healthy is THOR INDUSTRIES INC?

The financial health rating of THOR INDUSTRIES INC (THO) is 7 / 10.


How sustainable is the dividend of THOR INDUSTRIES INC (THO) stock?

The dividend rating of THOR INDUSTRIES INC (THO) is 6 / 10 and the dividend payout ratio is 37.63%.