WINNEBAGO INDUSTRIES (WGO) Stock Fundamental Analysis
USA - NYSE:WGO - US9746371007 - Common Stock
33 USD
-0.54 (-1.61%)
33 USD
0 (0%)
We assign a fundamental rating of 5 out of 10 to WGO. WGO was compared to 37 industry peers in the Automobiles industry. Both the profitability and the financial health of WGO get a neutral evaluation. Nothing too spectacular is happening here. WGO has a correct valuation and a medium growth rate.
1. Profitability
1.1 Basic Checks
In the past year WGO was profitable.
In the past year WGO has reported a negative cash flow from operations.
WGO had positive earnings in each of the past 5 years.
Each year in the past 5 years WGO had a positive operating cash flow.
1.2 Ratios
The Return On Assets of WGO (-0.80%) is better than 75.68% of its industry peers.
WGO has a better Return On Equity (-1.41%) than 75.68% of its industry peers.
The Return On Invested Capital of WGO (2.16%) is better than 81.08% of its industry peers.
The Average Return On Invested Capital over the past 3 years for WGO is significantly above the industry average of 5.63%.
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.
With a decent Operating Margin value of 1.81%, WGO is doing good in the industry, outperforming 78.38% of the companies in the same industry.
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 56.76% 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
WGO has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
The number of shares outstanding for WGO has been reduced compared to 1 year ago.
Compared to 5 years ago, WGO has less shares outstanding
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.
WGO has a Debt/Equity ratio of 0.44. This is a healthy value indicating a solid balance between debt and equity.
WGO has a Debt to Equity ratio of 0.44. This is in the better half of the industry: WGO outperforms 72.97% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.44 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 3.34 |
ROIC/WACC0.26
WACC8.27%
2.3 Liquidity
A Current Ratio of 2.41 indicates that WGO has no problem at all paying its short term obligations.
Looking at the Current ratio, with a value of 2.41, WGO belongs to the top of the industry, outperforming 91.89% of the companies in the same industry.
A Quick Ratio of 0.89 indicates that WGO may have some problems paying its short term obligations.
With a Quick ratio value of 0.89, WGO perfoms like the industry average, outperforming 51.35% 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%.
The Earnings Per Share has been decreasing by -0.86% on average over the past years.
The Revenue has decreased by -9.32% in the past year.
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 22.54% yearly.
Based on estimates for the next years, WGO will show a small growth in Revenue. The Revenue will grow by 4.76% on average per year.
EPS Next Y-56.15%
EPS Next 2Y-14.07%
EPS Next 3Y5.42%
EPS Next 5Y22.54%
Revenue Next Year-7.72%
Revenue Next 2Y-1.1%
Revenue Next 3Y1.14%
Revenue Next 5Y4.76%
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.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
WGO is valuated quite expensively with a Price/Earnings ratio of 26.40.
81.08% of the companies in the same industry are more expensive than WGO, based on the Price/Earnings ratio.
When comparing the Price/Earnings ratio of WGO to the average of the S&P500 Index (27.20), we can say WGO is valued inline with the index average.
With a Price/Forward Earnings ratio of 13.14, WGO is valued correctly.
Based on the Price/Forward Earnings ratio, WGO is valued a bit cheaper than the industry average as 75.68% of the companies are valued more expensively.
Compared to an average S&P500 Price/Forward Earnings ratio of 22.70, WGO is valued a bit cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 26.4 | ||
| Fwd PE | 13.14 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, WGO is valued cheaply inside the industry as 81.08% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 13.08 |
4.3 Compensation for Growth
WGO has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-14.07%
EPS Next 3Y5.42%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 3.84%, WGO has a reasonable but not impressive dividend return.
WGO's Dividend Yield is rather good when compared to the industry average which is at 3.27. WGO pays more dividend than 94.59% of the companies in the same industry.
Compared to an average S&P500 Dividend Yield of 2.38, WGO pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.84% |
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.
The dividend of WGO is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP-223.98%
EPS Next 2Y-14.07%
EPS Next 3Y5.42%
33
-0.54 (-1.61%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupAutomobiles & Components
GICS IndustryAutomobiles
Earnings (Last)
Earnings (Next)
Inst Owners113%
Inst Owner Change-4.53%
Ins Owners3.56%
Ins Owner Change0.38%
Market Cap924.99M
Analysts76.67
Price Target39.71 (20.33%)
Short Float %10.25%
Short Ratio4.79
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.84% |
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)1.74%
PT rev (3m)-16.04%
EPS NQ rev (1m)-1.79%
EPS NQ rev (3m)-48.35%
EPS NY rev (1m)-0.59%
EPS NY rev (3m)-48.49%
Revenue NQ rev (1m)-0.14%
Revenue NQ rev (3m)-3.9%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-3.85%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 26.4 | ||
| Fwd PE | 13.14 | ||
| P/S | 0.34 | ||
| P/FCF | N/A | ||
| P/OCF | N/A | ||
| P/B | 0.76 | ||
| P/tB | 3.43 | ||
| EV/EBITDA | 13.08 |
EPS(TTM)1.25
EY3.79%
EPS(NY)2.51
Fwd EY7.61%
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
WACC8.27%
ROIC/WACC0.26
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-56.15%
EPS Next 2Y-14.07%
EPS Next 3Y5.42%
EPS Next 5Y22.54%
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-1.1%
Revenue Next 3Y1.14%
Revenue Next 5Y4.76%
EBIT growth 1Y-71.74%
EBIT growth 3Y-31.31%
EBIT growth 5Y-3.65%
EBIT Next Year-24.9%
EBIT Next 3Y9.65%
EBIT Next 5Y18.65%
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%