WABASH NATIONAL CORP (WNC) Stock Fundamental Analysis
USA - NYSE:WNC - US9295661071 - Common Stock
11.37 USD
+0.2 (+1.79%)
11.37 USD
0 (0%)
We assign a fundamental rating of 2 out of 10 to WNC. WNC was compared to 128 industry peers in the Machinery industry. WNC has a bad profitability rating. Also its financial health evaluation is rather negative. WNC has a expensive valuation and it also scores bad on growth.
1. Profitability
1.1 Basic Checks
WNC had negative earnings in the past year.
WNC had a positive operating cash flow in the past year.
The reported net income has been mixed in the past 5 years: WNC reported negative net income in multiple years.
Of the past 5 years WNC 4 years had a positive operating cash flow.
1.2 Ratios
WNC has a worse Return On Assets (-7.98%) than 77.34% of its industry peers.
WNC has a Return On Equity of -28.51%. This is in the lower half of the industry: WNC underperforms 79.69% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -7.98% | ||
| ROE | -28.51% | ||
| ROIC | N/A |
ROA(3y)2.06%
ROA(5y)-0.42%
ROE(3y)-26.71%
ROE(5y)-20.76%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
Looking at the Gross Margin, with a value of 9.26%, WNC is doing worse than 89.84% of the companies in the same industry.
WNC's Gross Margin has been stable in the last couple of years.
The Profit Margin and Operating Margin are not available for WNC so they could not be analyzed.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | 9.26% |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y7.71%
GM growth 5Y0.61%
2. Health
2.1 Basic Checks
WNC does not have a ROIC to compare to the WACC, probably because it is not profitable.
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.
WNC has a better debt/assets ratio than last year.
2.2 Solvency
Based on the Altman-Z score of 1.79, we must say that WNC is in the distress zone and has some risk of bankruptcy.
WNC has a Altman-Z score of 1.79. This is in the lower half of the industry: WNC underperforms 71.09% of its industry peers.
The Debt to FCF ratio of WNC is 15.14, which is on the high side as it means it would take WNC, 15.14 years of fcf income to pay off all of its debts.
Looking at the Debt to FCF ratio, with a value of 15.14, WNC is doing worse than 66.41% of the companies in the same industry.
A Debt/Equity ratio of 1.14 is on the high side and indicates that WNC has dependencies on debt financing.
Looking at the Debt to Equity ratio, with a value of 1.14, WNC is doing worse than 78.91% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.14 | ||
| Debt/FCF | 15.14 | ||
| Altman-Z | 1.79 |
ROIC/WACCN/A
WACC9.2%
2.3 Liquidity
WNC has a Current Ratio of 1.68. This is a normal value and indicates that WNC is financially healthy and should not expect problems in meeting its short term obligations.
The Current ratio of WNC (1.68) is worse than 64.06% of its industry peers.
WNC has a Quick Ratio of 1.68. 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's Quick ratio of 1.00 is on the low side compared to the rest of the industry. WNC is outperformed by 64.06% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.68 | ||
| Quick Ratio | 1 |
3. Growth
3.1 Past
WNC shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -116.97%.
The Earnings Per Share has been decreasing by -5.63% on average over the past years.
Looking at the last year, WNC shows a very negative growth in Revenue. The Revenue has decreased by -25.02% in the last year.
Measured over the past years, WNC shows a decrease in Revenue. The Revenue has been decreasing by -3.44% on average per year.
EPS 1Y (TTM)-116.97%
EPS 3Y29.64%
EPS 5Y-5.63%
EPS Q2Q%-123.44%
Revenue 1Y (TTM)-25.02%
Revenue growth 3Y2.58%
Revenue growth 5Y-3.44%
Sales Q2Q%-16.67%
3.2 Future
Based on estimates for the next years, WNC will show a very negative growth in Earnings Per Share. The EPS will decrease by -21.20% on average per year.
Based on estimates for the next years, WNC will show a decrease in Revenue. The Revenue will decrease by -1.20% on average per year.
EPS Next Y-201.83%
EPS Next 2Y-21.2%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year-17.32%
Revenue Next 2Y-1.2%
Revenue Next 3YN/A
Revenue Next 5YN/A
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 decreasing.
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
WNC reported negative earnings for the last year, which makes the Price/Earnings Ratio negative.
With a Price/Forward Earnings ratio of 15.01, WNC is valued correctly.
Based on the Price/Forward Earnings ratio, WNC is valued a bit cheaper than 77.34% of the companies in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 22.77, WNC is valued a bit cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 15.01 |
4.2 Price Multiples
78.91% of the companies in the same industry are more expensive than WNC, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 16.11 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
A cheap valuation may be justified as WNC's earnings are expected to decrease with -21.20% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-21.2%
EPS Next 3YN/A
5. Dividend
5.1 Amount
WNC has a Yearly Dividend Yield of 2.82%. Purely for dividend investing, there may be better candidates out there.
WNC's Dividend Yield is rather good when compared to the industry average which is at 1.74. WNC pays more dividend than 91.41% of the companies in the same industry.
WNC's Dividend Yield is comparable with the S&P500 average which is at 2.38.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.82% |
5.2 History
The dividend of WNC has a limited annual growth rate of 0.43%.
WNC has paid a dividend for at least 10 years, which is 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)0.43%
Div Incr Years0
Div Non Decr Years5
5.3 Sustainability
WNC has negative earnings and hence a negative payout ratio. The dividend may be in danger.
DP-12.98%
EPS Next 2Y-21.2%
EPS Next 3YN/A
11.37
+0.2 (+1.79%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryMachinery
Earnings (Last)
Earnings (Next)
Inst Owners110.78%
Inst Owner Change-2.78%
Ins Owners3.71%
Ins Owner Change3.43%
Market Cap465.49M
Analysts76.67
Price Target13.01 (14.42%)
Short Float %4.35%
Short Ratio2.19
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.82% |
Yearly Dividend0.33
Dividend Growth(5Y)0.43%
DP-12.98%
Div Incr Years0
Div Non Decr Years5
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-30.65%
Min EPS beat(2)-116.7%
Max EPS beat(2)55.4%
EPS beat(4)1
Avg EPS beat(4)-64.9%
Min EPS beat(4)-179.21%
Max EPS beat(4)55.4%
EPS beat(8)4
Avg EPS beat(8)-28.08%
EPS beat(12)8
Avg EPS beat(12)-4.28%
EPS beat(16)11
Avg EPS beat(16)2.21%
Revenue beat(2)1
Avg Revenue beat(2)-1.63%
Min Revenue beat(2)-7.99%
Max Revenue beat(2)4.73%
Revenue beat(4)1
Avg Revenue beat(4)-1.77%
Min Revenue beat(4)-7.99%
Max Revenue beat(4)4.73%
Revenue beat(8)1
Avg Revenue beat(8)-3.9%
Revenue beat(12)2
Avg Revenue beat(12)-3.55%
Revenue beat(16)4
Avg Revenue beat(16)-2.11%
PT rev (1m)0%
PT rev (3m)8.51%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-1041.18%
EPS NY rev (1m)-102.47%
EPS NY rev (3m)-684.32%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-17.79%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-9.58%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 15.01 | ||
| P/S | 0.27 | ||
| P/FCF | 16.11 | ||
| P/OCF | 4.33 | ||
| P/B | 1.21 | ||
| P/tB | 3.89 | ||
| EV/EBITDA | N/A |
EPS(TTM)-0.56
EYN/A
EPS(NY)0.76
Fwd EY6.66%
FCF(TTM)0.71
FCFY6.21%
OCF(TTM)2.63
OCFY23.11%
SpS42.03
BVpS9.41
TBVpS2.92
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -7.98% | ||
| ROE | -28.51% | ||
| ROCE | N/A | ||
| ROIC | N/A | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | 9.26% | ||
| FCFM | 1.68% |
ROA(3y)2.06%
ROA(5y)-0.42%
ROE(3y)-26.71%
ROE(5y)-20.76%
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
ROICexcg growth 3YN/A
ROICexcg growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y7.71%
GM growth 5Y0.61%
F-Score3
Asset Turnover1.25
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.14 | ||
| Debt/FCF | 15.14 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | 131.91% | ||
| Cap/Sales | 4.57% | ||
| Interest Coverage | N/A | ||
| Cash Conversion | N/A | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.68 | ||
| Quick Ratio | 1 | ||
| Altman-Z | 1.79 |
F-Score3
WACC9.2%
ROIC/WACCN/A
Cap/Depr(3y)163.11%
Cap/Depr(5y)126.37%
Cap/Sales(3y)3.48%
Cap/Sales(5y)2.9%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-116.97%
EPS 3Y29.64%
EPS 5Y-5.63%
EPS Q2Q%-123.44%
EPS Next Y-201.83%
EPS Next 2Y-21.2%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)-25.02%
Revenue growth 3Y2.58%
Revenue growth 5Y-3.44%
Sales Q2Q%-16.67%
Revenue Next Year-17.32%
Revenue Next 2Y-1.2%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y-156.31%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year-58.66%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-69.25%
FCF growth 3YN/A
FCF growth 5Y-18.89%
OCF growth 1Y-42.71%
OCF growth 3YN/A
OCF growth 5Y-4.32%