WINNEBAGO INDUSTRIES (WGO)
US9746371007 - Common Stock
Overall WGO gets a fundamental rating of 5 out of 10. We evaluated WGO against 42 industry peers in the Automobiles industry. WGO has only an average score on both its financial health and profitability. WGO is valued quite cheap, while showing a decent growth score. This is a good combination! These ratings could make WGO a good candidate for value investing.
1. Profitability
1.1 Basic Checks
In the past year WGO was profitable.
In the past year WGO had a positive cash flow from operations.
Each year in the past 5 years WGO has been profitable.
In the past 5 years WGO always reported a positive cash flow from operatings.
1.2 Ratios
WGO has a Return On Assets of -0.78%. This is in the better half of the industry: WGO outperforms 66.67% of its industry peers.
Looking at the Return On Equity, with a value of -1.45%, WGO is in the better half of the industry, outperforming 66.67% of the companies in the same industry.
The Return On Invested Capital of WGO (3.67%) is better than 71.43% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for WGO is above the industry average of 10.01%.
The 3 year average ROIC (13.73%) for WGO is well above the current ROIC(3.67%). The reason for the recent decline needs to be investigated.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -0.78% | ||
| ROE | -1.45% | ||
| ROIC | 3.67% |
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
WGO's Profit Margin has declined in the last couple of years.
WGO has a Operating Margin of 3.19%. This is in the better half of the industry: WGO outperforms 73.81% of its industry peers.
In the last couple of years the Operating Margin of WGO has declined.
WGO's Gross Margin of 13.91% is in line compared to the rest of the industry. WGO outperforms 59.52% 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 | 3.19% | ||
| PM (TTM) | N/A | ||
| GM | 13.91% |
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
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so WGO is still 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.
The debt/assets ratio for WGO is higher compared to a year ago.
2.2 Solvency
WGO has a debt to FCF ratio of 6.05. This is a slightly negative value and a sign of low solvency as WGO would need 6.05 years to pay back of all of its debts.
The Debt to FCF ratio of WGO (6.05) is better than 88.10% of its industry peers.
A Debt/Equity ratio of 0.51 indicates that WGO is somewhat dependend on debt financing.
Looking at the Debt to Equity ratio, with a value of 0.51, WGO is in line with its industry, outperforming 45.24% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.51 | ||
| Debt/FCF | 6.05 | ||
| Altman-Z | N/A |
ROIC/WACC0.34
WACC10.88%
2.3 Liquidity
A Current Ratio of 2.58 indicates that WGO has no problem at all paying its short term obligations.
Looking at the Current ratio, with a value of 2.58, WGO is in the better half of the industry, outperforming 78.57% of the companies in the same industry.
WGO has a Quick Ratio of 1.34. This is a normal value and indicates that WGO is financially healthy and should not expect problems in meeting its short term obligations.
Looking at the Quick ratio, with a value of 1.34, WGO is in the better half of the industry, outperforming 66.67% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.58 | ||
| Quick Ratio | 1.34 |
3. Growth
3.1 Past
WGO shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -65.32%.
The Earnings Per Share has been decreasing by -0.86% on average over the past years.
WGO shows a very negative growth in Revenue. In the last year, the Revenue has decreased by -14.10%.
Measured over the past years, WGO shows a quite strong growth in Revenue. The Revenue has been growing by 8.41% on average per year.
EPS 1Y (TTM)-65.32%
EPS 3Y-26.43%
EPS 5Y-0.86%
EPS Q2Q%-102.83%
Revenue 1Y (TTM)-14.1%
Revenue growth 3Y-6.43%
Revenue growth 5Y8.41%
Sales Q2Q%-18.01%
3.2 Future
The Earnings Per Share is expected to grow by 25.04% on average over the next years. This is a very strong growth
WGO is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 6.73% yearly.
EPS Next Y1.22%
EPS Next 2Y19.68%
EPS Next 3Y33.64%
EPS Next 5Y25.04%
Revenue Next Year0.63%
Revenue Next 2Y4.6%
Revenue Next 3Y5.99%
Revenue Next 5Y6.73%
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 stable: in the next years the growth will be about the same than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 21.64, which indicates a rather expensive current valuation of WGO.
Based on the Price/Earnings ratio, WGO is valued a bit cheaper than 78.57% of the companies in the same industry.
The average S&P500 Price/Earnings ratio is at 27.20. WGO is valued slightly cheaper when compared to this.
With a Price/Forward Earnings ratio of 10.26, the valuation of WGO can be described as very reasonable.
WGO's Price/Forward Earnings ratio is rather cheap when compared to the industry. WGO is cheaper than 83.33% of the companies in the same industry.
WGO's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 23.73.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 21.64 | ||
| Fwd PE | 10.26 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, WGO is valued a bit cheaper than 73.81% of the companies in the same industry.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of WGO indicates a rather cheap valuation: WGO is cheaper than 88.10% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 13.71 | ||
| EV/EBITDA | 12.08 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
The decent profitability rating of WGO may justify a higher PE ratio.
WGO's earnings are expected to grow with 33.64% in the coming years. This may justify a more expensive valuation.
PEG (NY)17.74
PEG (5Y)N/A
EPS Next 2Y19.68%
EPS Next 3Y33.64%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 2.72%, WGO has a reasonable but not impressive dividend return.
Compared to an average industry Dividend Yield of 4.01, WGO pays a better dividend. On top of this WGO pays more dividend than 90.48% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 2.36, WGO has a dividend comparable with the average S&P500 company.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.72% |
5.2 History
On average, the dividend of WGO grows each year by 23.63%, which is quite nice.
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 around the same rate as the earnings are growing. If this keeps up the dividend growth is sustainable.
DP-207.78%
EPS Next 2Y19.68%
EPS Next 3Y33.64%
WINNEBAGO INDUSTRIES
NYSE:WGO (12/20/2024, 8:04:00 PM)
After market: 49.0109 -0.97 (-1.94%)49.98
-1.95 (-3.76%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupAutomobiles & Components
GICS IndustryAutomobiles
Earnings (Last)
Earnings (Next)
Inst Owners112.22%
Inst Owner Change0.4%
Ins Owners3.16%
Ins Owner Change2.57%
Market Cap1.45B
Analysts76.67
Price Target65.89 (31.83%)
Short Float %15.25%
Short Ratio6.35
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.72% |
Dividend Growth(5Y)23.63%
DP-207.78%
Div Incr Years6
Div Non Decr Years10
Ex-Date
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-91.71%
Min EPS beat(2)-114.59%
Max EPS beat(2)-68.83%
EPS beat(4)1
Avg EPS beat(4)-47.47%
Min EPS beat(4)-114.59%
Max EPS beat(4)8.9%
EPS beat(8)4
Avg EPS beat(8)-14.76%
EPS beat(12)8
Avg EPS beat(12)-4.48%
EPS beat(16)12
Avg EPS beat(16)6.02%
Revenue beat(2)0
Avg Revenue beat(2)-4.68%
Min Revenue beat(2)-8.6%
Max Revenue beat(2)-0.75%
Revenue beat(4)0
Avg Revenue beat(4)-3.36%
Min Revenue beat(4)-8.6%
Max Revenue beat(4)-0.75%
Revenue beat(8)2
Avg Revenue beat(8)-1.5%
Revenue beat(12)6
Avg Revenue beat(12)2.25%
Revenue beat(16)10
Avg Revenue beat(16)3.98%
PT rev (1m)-2.49%
PT rev (3m)-2%
EPS NQ rev (1m)-5.42%
EPS NQ rev (3m)-83.09%
EPS NY rev (1m)-2.58%
EPS NY rev (3m)-38.55%
Revenue NQ rev (1m)-1.4%
Revenue NQ rev (3m)-14.74%
Revenue NY rev (1m)-0.59%
Revenue NY rev (3m)-8.94%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 21.64 | ||
| Fwd PE | 10.26 | ||
| P/S | 0.51 | ||
| P/FCF | 13.71 | ||
| P/OCF | 9.73 | ||
| P/B | 1.17 | ||
| P/tB | 5.11 | ||
| EV/EBITDA | 12.08 |
EPS(TTM)2.31
EY4.62%
EPS(NY)4.87
Fwd EY9.74%
FCF(TTM)3.64
FCFY7.29%
OCF(TTM)5.14
OCFY10.28%
SpS98.07
BVpS42.88
TBVpS9.77
PEG (NY)17.74
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -0.78% | ||
| ROE | -1.45% | ||
| ROCE | 4.65% | ||
| ROIC | 3.67% | ||
| ROICexc | 4.25% | ||
| ROICexgc | 9.85% | ||
| OM | 3.19% | ||
| PM (TTM) | N/A | ||
| GM | 13.91% | ||
| FCFM | 3.72% |
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-Score3
Asset Turnover1.23
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.51 | ||
| Debt/FCF | 6.05 | ||
| Debt/EBITDA | 4.23 | ||
| Cap/Depr | 71.76% | ||
| Cap/Sales | 1.52% | ||
| Interest Coverage | 3.33 | ||
| Cash Conversion | 98.61% | ||
| Profit Quality | N/A | ||
| Current Ratio | 2.58 | ||
| Quick Ratio | 1.34 | ||
| Altman-Z | N/A |
F-Score3
WACC10.88%
ROIC/WACC0.34
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)-65.32%
EPS 3Y-26.43%
EPS 5Y-0.86%
EPS Q2Q%-102.83%
EPS Next Y1.22%
EPS Next 2Y19.68%
EPS Next 3Y33.64%
EPS Next 5Y25.04%
Revenue 1Y (TTM)-14.1%
Revenue growth 3Y-6.43%
Revenue growth 5Y8.41%
Sales Q2Q%-18.01%
Revenue Next Year0.63%
Revenue Next 2Y4.6%
Revenue Next 3Y5.99%
Revenue Next 5Y6.73%
EBIT growth 1Y-64.36%
EBIT growth 3Y-31.31%
EBIT growth 5Y-3.65%
EBIT Next Year22.43%
EBIT Next 3Y28.58%
EBIT Next 5Y18.38%
FCF growth 1Y-62.55%
FCF growth 3Y-19.89%
FCF growth 5Y1.26%
OCF growth 1Y-60.26%
OCF growth 3Y-15.36%
OCF growth 5Y1.47%