WABASH NATIONAL CORP (WNC) Fundamental Analysis & Valuation
NYSE:WNC • US9295661071
8.17 USD
-0.05 (-0.61%)
At close: Mar 13, 2026
8.17 USD
0 (0%)
After Hours: 3/13/2026, 4:10:02 PM
This WNC fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.
WNC gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 131 industry peers in the Machinery industry. There are concerns on the financial health of WNC while its profitability can be described as average. WNC is valied quite expensively at the moment, while it does show a decent growth rate. Finally WNC also has an excellent dividend rating.
1. WNC Profitability Analysis
1.1 Basic Checks
- WNC had negative earnings in the past year.
- WNC had a positive operating cash flow in the past year.
- WNC had positive earnings in 4 of the past 5 years.
- WNC had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
- WNC has a Return On Assets of 18.05%. This is amongst the best in the industry. WNC outperforms 96.95% of its industry peers.
- Looking at the Return On Equity, with a value of 57.56%, WNC belongs to the top of the industry, outperforming 99.24% of the companies in the same industry.
- WNC has a better Return On Invested Capital (27.62%) than 98.47% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 18.05% | ||
| ROE | 57.56% | ||
| ROIC | 27.62% |
ROA(3y)4.97%
ROA(5y)4.87%
ROE(3y)-16.93%
ROE(5y)-4.44%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
- WNC's Profit Margin of 13.71% is amongst the best of the industry. WNC outperforms 83.21% of its industry peers.
- In the last couple of years the Profit Margin of WNC has grown nicely.
- With an excellent Operating Margin value of 20.81%, WNC belongs to the best of the industry, outperforming 90.84% of the companies in the same industry.
- In the last couple of years the Operating Margin of WNC has grown nicely.
- WNC has a worse Gross Margin (4.53%) than 89.31% of its industry peers.
- In the last couple of years the Gross Margin of WNC has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 20.81% | ||
| PM (TTM) | 13.71% | ||
| GM | 4.53% |
OM growth 3Y46%
OM growth 5Y72.91%
PM growth 3Y45.1%
PM growth 5YN/A
GM growth 3Y-29.43%
GM growth 5Y-15.91%
2. WNC Health Analysis
2.1 Basic Checks
- WNC has a Return on Invested Capital (ROIC), which is well above the Cost of Capital (WACC), which means it is creating value.
- The number of shares outstanding for WNC has been reduced compared to 1 year ago.
- WNC has less shares outstanding than it did 5 years ago.
- Compared to 1 year ago, WNC has a worse debt to assets ratio.
2.2 Solvency
- WNC has an Altman-Z score of 2.95. This is not the best score and indicates that WNC is in the grey zone with still only limited risk for bankruptcy at the moment.
- WNC's Altman-Z score of 2.95 is in line compared to the rest of the industry. WNC outperforms 48.09% of its industry peers.
- A Debt/Equity ratio of 1.21 is on the high side and indicates that WNC has dependencies on debt financing.
- WNC has a worse Debt to Equity ratio (1.21) than 80.92% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.21 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 2.95 |
ROIC/WACC3.32
WACC8.33%
2.3 Liquidity
- WNC has a Current Ratio of 1.39. This is a normal value and indicates that WNC is financially healthy and should not expect problems in meeting its short term obligations.
- WNC's Current ratio of 1.39 is on the low side compared to the rest of the industry. WNC is outperformed by 76.34% of its industry peers.
- WNC has a Quick Ratio of 1.39. This is a bad value and indicates that WNC is not financially healthy enough and could expect problems in meeting its short term obligations.
- WNC has a worse Quick ratio (0.79) than 75.57% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.39 | ||
| Quick Ratio | 0.79 |
3. WNC Growth Analysis
3.1 Past
- WNC shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -277.87%.
- Measured over the past years, WNC shows a very strong growth in Earnings Per Share. The EPS has been growing by 31.05% on average per year.
- The Revenue for WNC has decreased by -20.75% in the past year. This is quite bad
- Measured over the past years, WNC shows a small growth in Revenue. The Revenue has been growing by 0.81% on average per year.
EPS 1Y (TTM)-277.87%
EPS 3Y31.05%
EPS 5YN/A
EPS Q2Q%-4550%
Revenue 1Y (TTM)-20.75%
Revenue growth 3Y-14.89%
Revenue growth 5Y0.81%
Sales Q2Q%-22.88%
3.2 Future
- Based on estimates for the next years, WNC will show a very strong growth in Earnings Per Share. The EPS will grow by 59.98% on average per year.
- The Revenue is expected to grow by 11.68% on average over the next years. This is quite good.
EPS Next Y70.44%
EPS Next 2Y59.98%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year-0.64%
Revenue Next 2Y11.68%
Revenue Next 3YN/A
Revenue Next 5YN/A
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 accelerating.
4. WNC Valuation Analysis
4.1 Price/Earnings Ratio
- WNC reported negative earnings for the last year, which makes the Price/Earnings Ratio negative.
- Besides the negative Price/Earnings Ratio, also the Forward Price/Earnings Ratio is negative for WNC. No positive earnings are expected for the next year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | N/A |
4.2 Price Multiples
- Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of WNC indicates a rather cheap valuation: WNC is cheaper than 98.47% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 1.96 |
4.3 Compensation for Growth
- The decent profitability rating of WNC may justify a higher PE ratio.
- WNC's earnings are expected to grow with 59.98% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y59.98%
EPS Next 3YN/A
5. WNC Dividend Analysis
5.1 Amount
- WNC has a Yearly Dividend Yield of 3.07%.
- Compared to an average industry Dividend Yield of 1.13, WNC pays a better dividend. On top of this WNC pays more dividend than 93.89% of the companies listed in the same industry.
- WNC's Dividend Yield is rather good when compared to the S&P500 average which is at 1.82.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.07% |
5.2 History
- The dividend of WNC has a limited annual growth rate of 0.24%.
- WNC has been paying a dividend for at least 10 years, so it has a reliable track record.
- As WNC did not decrease their dividend in the past 5 years, we can say the dividend looks stable.
Dividend Growth(5Y)0.24%
Div Incr Years0
Div Non Decr Years5
5.3 Sustainability
- 6.52% of the earnings are spent on dividend by WNC. This is a low number and sustainable payout ratio.
- WNC's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP6.52%
EPS Next 2Y59.98%
EPS Next 3YN/A
WNC Fundamentals: All Metrics, Ratios and Statistics
8.17
-0.05 (-0.61%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryMachinery
Earnings (Last)02-04 2026-02-04/bmo
Earnings (Next)04-28 2026-04-28
Inst Owners96.49%
Inst Owner Change3.87%
Ins Owners4.46%
Ins Owner Change7.44%
Market Cap330.39M
Revenue(TTM)1.54B
Net Income(TTM)211.45M
Analysts76.67
Price Target14.79 (81.03%)
Short Float %6.26%
Short Ratio3.81
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.07% |
Yearly Dividend0.33
Dividend Growth(5Y)0.24%
DP6.52%
Div Incr Years0
Div Non Decr Years5
Ex-Date04-02 2026-04-02 (0.08)
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-25.03%
Min EPS beat(2)-29.31%
Max EPS beat(2)-20.76%
EPS beat(4)1
Avg EPS beat(4)-27.84%
Min EPS beat(4)-116.7%
Max EPS beat(4)55.4%
EPS beat(8)2
Avg EPS beat(8)-38.24%
EPS beat(12)6
Avg EPS beat(12)-12.09%
EPS beat(16)10
Avg EPS beat(16)1.39%
Revenue beat(2)0
Avg Revenue beat(2)-0.49%
Min Revenue beat(2)-0.96%
Max Revenue beat(2)-0.02%
Revenue beat(4)1
Avg Revenue beat(4)-1.06%
Min Revenue beat(4)-7.99%
Max Revenue beat(4)4.73%
Revenue beat(8)1
Avg Revenue beat(8)-2.21%
Revenue beat(12)1
Avg Revenue beat(12)-3.5%
Revenue beat(16)4
Avg Revenue beat(16)-1.53%
PT rev (1m)7.41%
PT rev (3m)20.83%
EPS NQ rev (1m)-532.18%
EPS NQ rev (3m)-532.18%
EPS NY rev (1m)-275.17%
EPS NY rev (3m)-237.3%
Revenue NQ rev (1m)-22.26%
Revenue NQ rev (3m)-22.26%
Revenue NY rev (1m)-12.96%
Revenue NY rev (3m)-13.93%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | N/A | ||
| P/S | 0.21 | ||
| P/FCF | N/A | ||
| P/OCF | 28.32 | ||
| P/B | 0.9 | ||
| P/tB | 2.93 | ||
| EV/EBITDA | 1.96 |
EPS(TTM)-2.17
EYN/A
EPS(NY)-0.64
Fwd EYN/A
FCF(TTM)-1.5
FCFYN/A
OCF(TTM)0.29
OCFY3.53%
SpS38.15
BVpS9.08
TBVpS2.78
PEG (NY)N/A
PEG (5Y)N/A
Graham NumberN/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 18.05% | ||
| ROE | 57.56% | ||
| ROCE | 36.95% | ||
| ROIC | 27.62% | ||
| ROICexc | 28.67% | ||
| ROICexgc | 41.22% | ||
| OM | 20.81% | ||
| PM (TTM) | 13.71% | ||
| GM | 4.53% | ||
| FCFM | N/A |
ROA(3y)4.97%
ROA(5y)4.87%
ROE(3y)-16.93%
ROE(5y)-4.44%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexgc growth 3Y18.91%
ROICexgc growth 5Y56.68%
ROICexc growth 3Y22.29%
ROICexc growth 5Y68.57%
OM growth 3Y46%
OM growth 5Y72.91%
PM growth 3Y45.1%
PM growth 5YN/A
GM growth 3Y-29.43%
GM growth 5Y-15.91%
F-Score4
Asset Turnover1.32
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.21 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 1.17 | ||
| Cap/Depr | 123.02% | ||
| Cap/Sales | 4.68% | ||
| Interest Coverage | 15.97 | ||
| Cash Conversion | 3.07% | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.39 | ||
| Quick Ratio | 0.79 | ||
| Altman-Z | 2.95 |
F-Score4
WACC8.33%
ROIC/WACC3.32
Cap/Depr(3y)163.6%
Cap/Depr(5y)142.58%
Cap/Sales(3y)4.28%
Cap/Sales(5y)3.57%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-277.87%
EPS 3Y31.05%
EPS 5YN/A
EPS Q2Q%-4550%
EPS Next Y70.44%
EPS Next 2Y59.98%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)-20.75%
Revenue growth 3Y-14.89%
Revenue growth 5Y0.81%
Sales Q2Q%-22.88%
Revenue Next Year-0.64%
Revenue Next 2Y11.68%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y190.29%
EBIT growth 3Y24.26%
EBIT growth 5Y74.31%
EBIT Next Year163.51%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-258.88%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-90.05%
OCF growth 3Y-54.53%
OCF growth 5Y-37.68%
WABASH NATIONAL CORP / WNC FAQ
What is the fundamental rating for WNC stock?
ChartMill assigns a fundamental rating of 5 / 10 to WNC.
What is the valuation status of WABASH NATIONAL CORP (WNC) stock?
ChartMill assigns a valuation rating of 2 / 10 to WABASH NATIONAL CORP (WNC). This can be considered as Overvalued.
How profitable is WABASH NATIONAL CORP (WNC) stock?
WABASH NATIONAL CORP (WNC) has a profitability rating of 6 / 10.
What is the expected EPS growth for WABASH NATIONAL CORP (WNC) stock?
The Earnings per Share (EPS) of WABASH NATIONAL CORP (WNC) is expected to grow by 70.44% in the next year.
Is the dividend of WABASH NATIONAL CORP sustainable?
The dividend rating of WABASH NATIONAL CORP (WNC) is 8 / 10 and the dividend payout ratio is 6.52%.