WABASH NATIONAL CORP (WNC)
US9295661071 - Common Stock
Taking everything into account, WNC scores 3 out of 10 in our fundamental rating. WNC was compared to 131 industry peers in the Machinery industry. WNC has a bad profitability rating. Also its financial health evaluation is rather negative. WNC has a valuation in line with the averages, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
In the past year WNC was profitable.
WNC had a positive operating cash flow in the past year.
Of the past 5 years WNC 4 years were profitable.
Of the past 5 years WNC 4 years had a positive operating cash flow.
1.2 Ratios
WNC has a Return On Assets of -15.99%. This is amonst the worse of the industry: WNC underperforms 81.89% of its industry peers.
Looking at the Return On Equity, with a value of -116.03%, WNC is doing worse than 89.76% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -15.99% | ||
| ROE | -116.03% | ||
| ROIC | N/A |
ROA(3y)8.8%
ROA(5y)4.98%
ROE(3y)23.56%
ROE(5y)12.76%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
In the last couple of years the Profit Margin of WNC has grown nicely.
In the last couple of years the Operating Margin of WNC has grown nicely.
With a Gross Margin value of 15.54%, WNC is not doing good in the industry: 81.10% of the companies in the same industry are doing better.
WNC's Gross Margin has improved in the last couple of years.
WNC does not have Profit Margin and Operating Margin available, so we won't be analyzing them here.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | 15.54% |
OM growth 3Y109.09%
OM growth 5Y15.46%
PM growth 3YN/A
PM growth 5Y24.39%
GM growth 3Y22.14%
GM growth 5Y9.44%
2. Health
2.1 Basic Checks
WNC does not have a ROIC to compare to the WACC, probably because it is not profitable.
Compared to 1 year ago, WNC has less shares outstanding
WNC has less shares outstanding than it did 5 years ago.
WNC has a better debt/assets ratio than last year.
2.2 Solvency
Based on the Altman-Z score of 1.53, we must say that WNC is in the distress zone and has some risk of bankruptcy.
Looking at the Altman-Z score, with a value of 1.53, WNC is doing worse than 74.80% of the companies in the same industry.
The Debt to FCF ratio of WNC is 4.70, which is a neutral value as it means it would take WNC, 4.70 years of fcf income to pay off all of its debts.
WNC's Debt to FCF ratio of 4.70 is in line compared to the rest of the industry. WNC outperforms 57.48% of its industry peers.
A Debt/Equity ratio of 1.98 is on the high side and indicates that WNC has dependencies on debt financing.
The Debt to Equity ratio of WNC (1.98) is worse than 91.34% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.98 | ||
| Debt/FCF | 4.7 | ||
| Altman-Z | 1.53 |
ROIC/WACCN/A
WACC8.62%
2.3 Liquidity
WNC has a Current Ratio of 1.88. This is a normal value and indicates that WNC is financially healthy and should not expect problems in meeting its short term obligations.
WNC has a worse Current ratio (1.88) than 61.42% of its industry peers.
A Quick Ratio of 1.12 indicates that WNC should not have too much problems paying its short term obligations.
WNC has a Quick ratio (1.12) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.88 | ||
| Quick Ratio | 1.12 |
3. Growth
3.1 Past
WNC shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -49.13%.
Measured over the past years, WNC shows a very strong growth in Earnings Per Share. The EPS has been growing by 27.38% on average per year.
WNC shows a very negative growth in Revenue. In the last year, the Revenue has decreased by -18.16%.
WNC shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 2.27% yearly.
EPS 1Y (TTM)-49.13%
EPS 3Y218.14%
EPS 5Y27.38%
EPS Q2Q%-83.62%
Revenue 1Y (TTM)-18.16%
Revenue growth 3Y19.62%
Revenue growth 5Y2.27%
Sales Q2Q%-26.67%
3.2 Future
The Earnings Per Share is expected to decrease by -18.80% on average over the next years. This is quite bad
Based on estimates for the next years, WNC will show a decrease in Revenue. The Revenue will decrease by -5.61% on average per year.
EPS Next Y-73.13%
EPS Next 2Y-48.41%
EPS Next 3Y-18.8%
EPS Next 5YN/A
Revenue Next Year-24.56%
Revenue Next 2Y-13.41%
Revenue Next 3Y-5.61%
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less 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
A Price/Earnings ratio of 8.12 indicates a reasonable valuation of WNC.
Based on the Price/Earnings ratio, WNC is valued cheaper than 94.49% of the companies in the same industry.
WNC is valuated cheaply when we compare the Price/Earnings ratio to 28.96, which is the current average of the S&P500 Index.
The Price/Forward Earnings ratio is 14.71, which indicates a correct valuation of WNC.
WNC's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. WNC is cheaper than 77.17% of the companies in the same industry.
When comparing the Price/Forward Earnings ratio of WNC to the average of the S&P500 Index (23.82), we can say WNC is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.12 | ||
| Fwd PE | 14.71 |
4.2 Price Multiples
WNC's Price/Free Cash Flow ratio is rather cheap when compared to the industry. WNC is cheaper than 94.49% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 9.71 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
WNC's earnings are expected to decrease with -18.80% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)0.3
EPS Next 2Y-48.41%
EPS Next 3Y-18.8%
5. Dividend
5.1 Amount
WNC has a Yearly Dividend Yield of 1.65%. Purely for dividend investing, there may be better candidates out there.
Compared to an average industry Dividend Yield of 1.54, WNC pays a better dividend. On top of this WNC pays more dividend than 85.04% of the companies listed in the same industry.
WNC's Dividend Yield is slightly below the S&P500 average, which is at 2.23.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.65% |
5.2 History
WNC has paid a dividend for at least 10 years, which is a reliable track record.
WNC has not decreased its dividend in the last 3 years.
Dividend Growth(5Y)N/A
Div Incr Years0
Div Non Decr Years4
5.3 Sustainability
The earnings of WNC are negative and hence is the payout ratio. WNC will probably not be able to sustain this dividend level.
DP-6.45%
EPS Next 2Y-48.41%
EPS Next 3Y-18.8%
WABASH NATIONAL CORP
NYSE:WNC (11/21/2024, 8:04:00 PM)
After market: 18.91 0 (0%)18.91
+0.47 (+2.55%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryMachinery
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap819.56M
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.65% |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
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Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.12 | ||
| Fwd PE | 14.71 | ||
| 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)0.3
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -15.99% | ||
| ROE | -116.03% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | 15.54% | ||
| 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 Turnover1.46
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.98 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 1.88 | ||
| Quick Ratio | 1.12 | ||
| 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)-49.13%
EPS 3Y218.14%
EPS 5Y
EPS Q2Q%
EPS Next Y-73.13%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)-18.16%
Revenue growth 3Y19.62%
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
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OCF growth 3Y
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