WINNEBAGO INDUSTRIES (WGO) Stock Fundamental Analysis
NYSE:WGO - New York Stock Exchange, Inc. - US9746371007 - Common Stock - Currency: USD
We assign a fundamental rating of 5 out of 10 to WGO. WGO was compared to 37 industry peers in the Automobiles industry. WGO has only an average score on both its financial health and profitability. WGO is quite expensive at the moment. It does show a decent growth rate. WGO also has an excellent dividend rating. These ratings would make WGO suitable for dividend investing!
1. Profitability
1.1 Basic Checks
WGO had positive earnings in the past year.
In the past year WGO has reported a negative cash flow from operations.
Each year in the past 5 years WGO has been profitable.
WGO had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
WGO has a better Return On Assets (-0.80%) than 70.27% of its industry peers.
The Return On Equity of WGO (-1.41%) is better than 70.27% of its industry peers.
With a decent Return On Invested Capital value of 2.16%, WGO is doing good in the industry, outperforming 72.97% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for WGO is significantly above the industry average of 6.62%.
The last Return On Invested Capital (2.16%) for WGO is well below the 3 year average (13.73%), which needs to be investigated, but indicates that WGO had better years and this may not be a problem.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -0.8% | ||
| ROE | -1.41% | ||
| ROIC | 2.16% |
ROA(3y)8.53%
ROA(5y)8.57%
ROE(3y)15.91%
ROE(5y)16.36%
ROIC(3y)13.73%
ROIC(5y)13.49%
1.3 Margins
In the last couple of years the Profit Margin of WGO has declined.
WGO has a Operating Margin of 1.81%. This is in the better half of the industry: WGO outperforms 70.27% of its industry peers.
In the last couple of years the Operating Margin of WGO has declined.
WGO has a Gross Margin of 13.13%. This is comparable to the rest of the industry: WGO outperforms 59.46% of its industry peers.
In the last couple of years the Gross Margin of WGO has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 1.81% | ||
| PM (TTM) | N/A | ||
| GM | 13.13% |
OM growth 3Y-26.59%
OM growth 5Y-11.13%
PM growth 3Y-61.67%
PM growth 5Y-40.02%
GM growth 3Y-6.64%
GM growth 5Y-1.29%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), WGO is creating some value.
WGO has less shares outstanding than it did 1 year ago.
The number of shares outstanding for WGO has been reduced compared to 5 years ago.
WGO has a worse debt/assets ratio than last year.
2.2 Solvency
WGO has an Altman-Z score of 3.34. This indicates that WGO is financially healthy and has little risk of bankruptcy at the moment.
With an excellent Altman-Z score value of 3.34, WGO belongs to the best of the industry, outperforming 86.49% of the companies in the same industry.
A Debt/Equity ratio of 0.44 indicates that WGO is not too dependend on debt financing.
Looking at the Debt to Equity ratio, with a value of 0.44, WGO is in the better half of the industry, outperforming 70.27% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.44 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 3.34 |
ROIC/WACC0.2
WACC10.88%
2.3 Liquidity
A Current Ratio of 2.41 indicates that WGO has no problem at all paying its short term obligations.
WGO has a Current ratio of 2.41. This is amongst the best in the industry. WGO outperforms 86.49% of its industry peers.
WGO has a Quick Ratio of 2.41. This is a bad value and indicates that WGO is not financially healthy enough and could expect problems in meeting its short term obligations.
Looking at the Quick ratio, with a value of 0.89, WGO is in line with its industry, outperforming 54.05% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.41 | ||
| Quick Ratio | 0.89 |
3. Growth
3.1 Past
WGO shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -73.46%.
WGO shows a decrease in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -0.86% yearly.
WGO shows a decrease in Revenue. In the last year, the revenue decreased by -9.32%.
WGO shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 8.41% yearly.
EPS 1Y (TTM)-73.46%
EPS 3Y-26.43%
EPS 5Y-0.86%
EPS Q2Q%-28.32%
Revenue 1Y (TTM)-9.32%
Revenue growth 3Y-6.43%
Revenue growth 5Y8.41%
Sales Q2Q%-1.39%
3.2 Future
WGO is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 23.08% yearly.
WGO is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 4.99% yearly.
EPS Next Y-55.89%
EPS Next 2Y-14.28%
EPS Next 3Y5.03%
EPS Next 5Y23.08%
Revenue Next Year-7.72%
Revenue Next 2Y-1.2%
Revenue Next 3Y1.14%
Revenue Next 5Y4.99%
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 26.66, the valuation of WGO can be described as expensive.
Based on the Price/Earnings ratio, WGO is valued a bit cheaper than 78.38% of the companies in the same industry.
WGO's Price/Earnings ratio indicates a similar valuation than the S&P500 average which is at 27.30.
WGO is valuated correctly with a Price/Forward Earnings ratio of 13.34.
Based on the Price/Forward Earnings ratio, WGO is valued a bit cheaper than 78.38% of the companies in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 21.76, WGO is valued a bit cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 26.66 | ||
| Fwd PE | 13.34 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, WGO is valued a bit cheaper than 78.38% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 13.16 |
4.3 Compensation for Growth
The decent profitability rating of WGO may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-14.28%
EPS Next 3Y5.03%
5. Dividend
5.1 Amount
WGO has a Yearly Dividend Yield of 4.07%, which is a nice return.
WGO's Dividend Yield is rather good when compared to the industry average which is at 3.64. WGO pays more dividend than 91.89% of the companies in the same industry.
WGO's Dividend Yield is rather good when compared to the S&P500 average which is at 2.35.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.07% |
5.2 History
The dividend of WGO is nicely growing with an annual growth rate of 23.63%!
WGO has been paying a dividend for at least 10 years, so it has a reliable track record.
WGO has not decreased its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.
Dividend Growth(5Y)23.63%
Div Incr Years6
Div Non Decr Years10
5.3 Sustainability
The earnings of WGO are negative and hence is the payout ratio. WGO will probably not be able to sustain this dividend level.
WGO's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP-223.98%
EPS Next 2Y-14.28%
EPS Next 3Y5.03%
33.33
-0.08 (-0.24%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupAutomobiles & Components
GICS IndustryAutomobiles
Earnings (Last)
Earnings (Next)
Inst Owners113.17%
Inst Owner Change0%
Ins Owners3.56%
Ins Owner Change0.32%
Market Cap934.24M
Analysts77.65
Price Target42.19 (26.58%)
Short Float %13.09%
Short Ratio5.54
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.07% |
Yearly Dividend1.26
Dividend Growth(5Y)23.63%
DP-223.98%
Div Incr Years6
Div Non Decr Years10
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)22.75%
Min EPS beat(2)1.23%
Max EPS beat(2)44.27%
EPS beat(4)2
Avg EPS beat(4)-34.54%
Min EPS beat(4)-114.83%
Max EPS beat(4)44.27%
EPS beat(8)4
Avg EPS beat(8)-17.25%
EPS beat(12)8
Avg EPS beat(12)-4.37%
EPS beat(16)12
Avg EPS beat(16)4.53%
Revenue beat(2)0
Avg Revenue beat(2)-0.69%
Min Revenue beat(2)-0.95%
Max Revenue beat(2)-0.42%
Revenue beat(4)0
Avg Revenue beat(4)-2.49%
Min Revenue beat(4)-7.86%
Max Revenue beat(4)-0.42%
Revenue beat(8)1
Avg Revenue beat(8)-1.55%
Revenue beat(12)4
Avg Revenue beat(12)0.17%
Revenue beat(16)8
Avg Revenue beat(16)2.9%
PT rev (1m)-10.78%
PT rev (3m)-16.97%
EPS NQ rev (1m)-47.41%
EPS NQ rev (3m)-63.49%
EPS NY rev (1m)-48.18%
EPS NY rev (3m)-53.41%
Revenue NQ rev (1m)-3.76%
Revenue NQ rev (3m)-10.33%
Revenue NY rev (1m)-3.85%
Revenue NY rev (3m)-4.01%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 26.66 | ||
| Fwd PE | 13.34 | ||
| P/S | 0.34 | ||
| P/FCF | N/A | ||
| P/OCF | N/A | ||
| P/B | 0.77 | ||
| P/tB | 3.47 | ||
| EV/EBITDA | 13.16 |
EPS(TTM)1.25
EY3.75%
EPS(NY)2.5
Fwd EY7.5%
FCF(TTM)-1.86
FCFYN/A
OCF(TTM)-0.42
OCFYN/A
SpS97.82
BVpS43.38
TBVpS9.61
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -0.8% | ||
| ROE | -1.41% | ||
| ROCE | 2.73% | ||
| ROIC | 2.16% | ||
| ROICexc | 2.17% | ||
| ROICexgc | 4.55% | ||
| OM | 1.81% | ||
| PM (TTM) | N/A | ||
| GM | 13.13% | ||
| FCFM | N/A |
ROA(3y)8.53%
ROA(5y)8.57%
ROE(3y)15.91%
ROE(5y)16.36%
ROIC(3y)13.73%
ROIC(5y)13.49%
ROICexc(3y)16.2%
ROICexc(5y)16.7%
ROICexgc(3y)39.6%
ROICexgc(5y)42.33%
ROCE(3y)17.39%
ROCE(5y)17.07%
ROICexcg growth 3Y-38.91%
ROICexcg growth 5Y-16.35%
ROICexc growth 3Y-37.86%
ROICexc growth 5Y-15.23%
OM growth 3Y-26.59%
OM growth 5Y-11.13%
PM growth 3Y-61.67%
PM growth 5Y-40.02%
GM growth 3Y-6.64%
GM growth 5Y-1.29%
F-Score4
Asset Turnover1.29
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.44 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 4.86 | ||
| Cap/Depr | 65.58% | ||
| Cap/Sales | 1.47% | ||
| Interest Coverage | 1.53 | ||
| Cash Conversion | N/A | ||
| Profit Quality | N/A | ||
| Current Ratio | 2.41 | ||
| Quick Ratio | 0.89 | ||
| Altman-Z | 3.34 |
F-Score4
WACC10.88%
ROIC/WACC0.2
Cap/Depr(3y)139.38%
Cap/Depr(5y)128.21%
Cap/Sales(3y)1.89%
Cap/Sales(5y)1.66%
Profit Quality(3y)312.89%
Profit Quality(5y)278.91%
High Growth Momentum
Growth
EPS 1Y (TTM)-73.46%
EPS 3Y-26.43%
EPS 5Y-0.86%
EPS Q2Q%-28.32%
EPS Next Y-55.89%
EPS Next 2Y-14.28%
EPS Next 3Y5.03%
EPS Next 5Y23.08%
Revenue 1Y (TTM)-9.32%
Revenue growth 3Y-6.43%
Revenue growth 5Y8.41%
Sales Q2Q%-1.39%
Revenue Next Year-7.72%
Revenue Next 2Y-1.2%
Revenue Next 3Y1.14%
Revenue Next 5Y4.99%
EBIT growth 1Y-71.74%
EBIT growth 3Y-31.31%
EBIT growth 5Y-3.65%
EBIT Next Year5.81%
EBIT Next 3Y23.28%
EBIT Next 5Y18.9%
FCF growth 1Y-123.83%
FCF growth 3Y-19.89%
FCF growth 5Y1.26%
OCF growth 1Y-103.78%
OCF growth 3Y-15.36%
OCF growth 5Y1.47%