THOR INDUSTRIES INC (THO)
US8851601018 - Common Stock
Taking everything into account, THO scores 6 out of 10 in our fundamental rating. THO was compared to 41 industry peers in the Automobiles industry. THO gets an excellent profitability rating and is at the same time showing great financial health properties. THO has a decent growth rate and is not valued too expensively. Finally THO also has an excellent dividend rating. With these ratings, THO could be worth investigating further for dividend and 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.
THO had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
THO's Return On Assets of 3.78% is fine compared to the rest of the industry. THO outperforms 78.05% of its industry peers.
With a decent Return On Equity value of 6.52%, THO is doing good in the industry, outperforming 70.73% of the companies in the same industry.
Looking at the Return On Invested Capital, with a value of 5.91%, THO belongs to the top of the industry, outperforming 80.49% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for THO is in line with the industry average of 10.20%.
The 3 year average ROIC (11.53%) for THO is well above the current ROIC(5.91%). The reason for the recent decline needs to be investigated.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.78% | ||
| ROE | 6.52% | ||
| ROIC | 5.91% |
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's Profit Margin of 2.64% is fine compared to the rest of the industry. THO outperforms 75.61% of its industry peers.
THO's Profit Margin has improved in the last couple of years.
With a decent Operating Margin value of 4.31%, THO is doing good in the industry, outperforming 75.61% of the companies in the same industry.
In the last couple of years the Operating Margin of THO has remained more or less at the same level.
THO has a Gross Margin of 14.46%. This is comparable to the rest of the industry: THO outperforms 58.54% of its industry peers.
THO's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 4.31% | ||
| PM (TTM) | 2.64% | ||
| GM | 14.46% |
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.
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.
Compared to 1 year ago, THO has an improved debt to assets ratio.
2.2 Solvency
An Altman-Z score of 3.84 indicates that THO is not in any danger for bankruptcy at the moment.
With an excellent Altman-Z score value of 3.84, THO belongs to the best of the industry, outperforming 90.24% of the companies in the same industry.
The Debt to FCF ratio of THO is 2.98, which is a good value as it means it would take THO, 2.98 years of fcf income to pay off all of its debts.
THO has a Debt to FCF ratio of 2.98. This is amongst the best in the industry. THO outperforms 95.12% of its industry peers.
THO has a Debt/Equity ratio of 0.29. This is a healthy value indicating a solid balance between debt and equity.
With a Debt to Equity ratio value of 0.29, THO perfoms like the industry average, outperforming 51.22% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.29 | ||
| Debt/FCF | 2.98 | ||
| Altman-Z | 3.84 |
ROIC/WACC0.56
WACC10.53%
2.3 Liquidity
A Current Ratio of 1.69 indicates that THO should not have too much problems paying its short term obligations.
THO has a Current ratio of 1.69. This is comparable to the rest of the industry: THO outperforms 58.54% of its industry peers.
A Quick Ratio of 0.82 indicates that THO may have some problems paying its short term obligations.
The Quick ratio of THO (0.82) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.69 | ||
| Quick Ratio | 0.82 |
3. Growth
3.1 Past
The earnings per share for THO have decreased strongly by -25.90% 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 -9.69%.
The Revenue has been growing slightly by 5.01% on average over the past years.
EPS 1Y (TTM)-25.9%
EPS 3Y-24.23%
EPS 5Y-0.5%
EPS Q2Q%0%
Revenue 1Y (TTM)-9.69%
Revenue growth 3Y-6.58%
Revenue growth 5Y5.01%
Sales Q2Q%-7.45%
3.2 Future
THO is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 30.35% yearly.
THO is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 10.38% yearly.
EPS Next Y-5.64%
EPS Next 2Y12.61%
EPS Next 3Y20.71%
EPS Next 5Y30.35%
Revenue Next Year-3.44%
Revenue Next 2Y1.61%
Revenue Next 3Y3.78%
Revenue Next 5Y10.38%
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
With a Price/Earnings ratio of 21.46, THO is valued on the expensive side.
Based on the Price/Earnings ratio, THO is valued a bit cheaper than the industry average as 75.61% of the companies are valued more expensively.
THO's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 28.96.
With a Price/Forward Earnings ratio of 22.75, THO is valued on the expensive side.
75.61% 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 23.82, THO is valued at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 21.46 | ||
| Fwd PE | 22.75 |
4.2 Price Multiples
THO's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. THO is cheaper than 82.93% of the companies in the same industry.
92.68% 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 | 14.46 | ||
| EV/EBITDA | 9 |
4.3 Compensation for Growth
The decent profitability rating of THO may justify a higher PE ratio.
A more expensive valuation may be justified as THO's earnings are expected to grow with 20.71% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y12.61%
EPS Next 3Y20.71%
5. Dividend
5.1 Amount
THO has a Yearly Dividend Yield of 1.83%.
THO's Dividend Yield is rather good when compared to the industry average which is at 3.74. THO pays more dividend than 85.37% of the companies in the same industry.
Compared to an average S&P500 Dividend Yield of 2.23, THO has a dividend comparable with the average S&P500 company.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.83% |
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.
THO has not decreased its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.
Dividend Growth(5Y)4.27%
Div Incr Years14
Div Non Decr Years33
5.3 Sustainability
THO pays out 38.50% of its income as dividend. This is a sustainable payout ratio.
The dividend of THO is growing, but earnings are growing more, so the dividend growth is sustainable.
DP38.5%
EPS Next 2Y12.61%
EPS Next 3Y20.71%
THOR INDUSTRIES INC
NYSE:THO (11/21/2024, 6:40:00 PM)
After market: 110.53 0 (0%)110.53
+2.24 (+2.07%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupAutomobiles & Components
GICS IndustryAutomobiles
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap5.87B
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.83% |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
Avg EPS beat(2)
Min EPS beat(2)
Max EPS beat(2)
EPS beat(4)
Avg EPS beat(4)
Min EPS beat(4)
Max EPS beat(4)
EPS beat(8)
Avg EPS beat(8)
EPS beat(12)
Avg EPS beat(12)
EPS beat(16)
Avg EPS beat(16)
Revenue beat(2)
Avg Revenue beat(2)
Min Revenue beat(2)
Max Revenue beat(2)
Revenue beat(4)
Avg Revenue beat(4)
Min Revenue beat(4)
Max Revenue beat(4)
Revenue beat(8)
Avg Revenue beat(8)
Revenue beat(12)
Avg Revenue beat(12)
Revenue beat(16)
Avg Revenue beat(16)
PT rev (1m)
PT rev (3m)
EPS NQ rev (1m)
EPS NQ rev (3m)
EPS NY rev (1m)
EPS NY rev (3m)
Revenue NQ rev (1m)
Revenue NQ rev (3m)
Revenue NY rev (1m)
Revenue NY rev (3m)
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 21.46 | ||
| Fwd PE | 22.75 | ||
| P/S | |||
| P/FCF | |||
| P/OCF | |||
| P/B | |||
| P/tB | |||
| EV/EBITDA |
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.78% | ||
| ROE | 6.52% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | 4.31% | ||
| PM (TTM) | 2.64% | ||
| GM | 14.46% | ||
| FCFM |
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover1.43
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.29 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 1.69 | ||
| Quick Ratio | 0.82 | ||
| Altman-Z |
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
High Growth Momentum
Growth
EPS 1Y (TTM)-25.9%
EPS 3Y-24.23%
EPS 5Y
EPS Q2Q%
EPS Next Y-5.64%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)-9.69%
Revenue growth 3Y-6.58%
Revenue growth 5Y
Sales Q2Q%
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y