Logo image of WNC

WABASH NATIONAL CORP (WNC) Stock Fundamental Analysis

NYSE:WNC - New York Stock Exchange, Inc. - US9295661071 - Common Stock - Currency: USD

15.6  0 (0%)

After market: 15.6 0 (0%)

Fundamental Rating

3

We assign a fundamental rating of 3 out of 10 to WNC. WNC was compared to 130 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.


Dividend Valuation Growth Profitability Health

Quickly go to:

3

1. Profitability

1.1 Basic Checks

WNC had positive earnings in the past year.
In the past year WNC had a positive cash flow from operations.
The reported net income has been mixed in the past 5 years: WNC reported negative net income in multiple years.
The reported operating cash flow has been mixed in the past 5 years: WNC reported negative operating cash flow in multiple years.
WNC Yearly Net Income VS EBIT VS OCF VS FCFWNC Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 0 100M 200M 300M

1.2 Ratios

WNC has a Return On Assets of -15.99%. This is amonst the worse of the industry: WNC underperforms 82.68% of its industry peers.
The Return On Equity of WNC (-116.03%) is worse than 88.98% of its industry peers.
Industry RankSector 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
WNC Yearly ROA, ROE, ROICWNC Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2015 2016 2017 2018 2019 2020 2021 2022 2023 0 20 -20 40

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.
WNC has a worse Gross Margin (15.54%) than 81.89% of its industry peers.
In the last couple of years the Gross Margin of WNC has grown nicely.
WNC does not have Profit Margin and Operating Margin available, so we won't be analyzing them here.
Industry RankSector 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%
WNC Yearly Profit, Operating, Gross MarginsWNC Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2015 2016 2017 2018 2019 2020 2021 2022 2023 0 5 -5 10 15

More info and screens

2

2. Health

2.1 Basic Checks

WNC does not have a ROIC to compare to the WACC, probably because it is not profitable.
WNC has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
WNC Yearly Shares OutstandingWNC Yearly Shares OutstandingYearly Shares Outstanding 2015 2016 2017 2018 2019 2020 2021 2022 2023 20M 40M 60M
WNC Yearly Total Debt VS Total AssetsWNC Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2015 2016 2017 2018 2019 2020 2021 2022 2023 200M 400M 600M 800M 1B

2.2 Solvency

WNC has an Altman-Z score of 1.46. This is a bad value and indicates that WNC is not financially healthy and even has some risk of bankruptcy.
The Altman-Z score of WNC (1.46) is worse than 78.74% of its industry peers.
WNC has a debt to FCF ratio of 4.70. This is a neutral value as WNC would need 4.70 years to pay back of all of its debts.
WNC has a Debt to FCF ratio (4.70) which is in line with 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 90.55% of its industry peers.
Industry RankSector Rank
Debt/Equity 1.98
Debt/FCF 4.7
Altman-Z 1.46
ROIC/WACCN/A
WACC8.98%
WNC Yearly LT Debt VS Equity VS FCFWNC Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 0 200M 400M

2.3 Liquidity

A Current Ratio of 1.88 indicates that WNC should not have too much problems paying its short term obligations.
Looking at the Current ratio, with a value of 1.88, WNC is doing worse than 62.20% of the companies in the same industry.
WNC has a Quick Ratio of 1.12. This is a normal value and indicates that WNC is financially healthy and should not expect problems in meeting its short term obligations.
The Quick ratio of WNC (1.12) is worse than 60.63% of its industry peers.
Industry RankSector Rank
Current Ratio 1.88
Quick Ratio 1.12
WNC Yearly Current Assets VS Current LiabilitesWNC Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2015 2016 2017 2018 2019 2020 2021 2022 2023 200M 400M 600M

More info and screens

3

3. Growth

3.1 Past

WNC shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -74.74%.
The Earnings Per Share has been decreasing by -5.63% on average over the past years.
EPS 1Y (TTM)-74.74%
EPS 3Y29.64%
EPS 5Y-5.63%
EPS Q2Q%-101.83%
Revenue 1Y (TTM)N/A
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%-30.08%

3.2 Future

The Earnings Per Share is expected to grow by 41.10% on average over the next years. This is a very strong growth
Based on estimates for the next years, WNC will show a quite strong growth in Revenue. The Revenue will grow by 8.13% on average per year.
EPS Next Y2.49%
EPS Next 2Y41.1%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year-0.61%
Revenue Next 2Y8.13%
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.
WNC Yearly Revenue VS EstimatesWNC Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 500M 1B 1.5B 2B 2.5B
WNC Yearly EPS VS EstimatesWNC Yearly EPS VS EstimatesYearly EPS VS Estimates 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 1 2 3 4

More info and screens

6

4. Valuation

4.1 Price/Earnings Ratio

Based on the Price/Earnings ratio of 12.79, the valuation of WNC can be described as correct.
Based on the Price/Earnings ratio, WNC is valued cheaper than 86.61% of the companies in the same industry.
When comparing the Price/Earnings ratio of WNC to the average of the S&P500 Index (28.46), we can say WNC is valued rather cheaply.
The Price/Forward Earnings ratio is 12.48, which indicates a correct valuation of WNC.
89.76% of the companies in the same industry are more expensive than WNC, based on the Price/Forward Earnings ratio.
Compared to an average S&P500 Price/Forward Earnings ratio of 92.56, WNC is valued rather cheaply.
Industry RankSector Rank
PE 12.79
Fwd PE 12.48
WNC Price Earnings VS Forward Price EarningsWNC Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 20 40 60 80

4.2 Price Multiples

96.85% of the companies in the same industry are more expensive than WNC, based on the Price/Free Cash Flow ratio.
Industry RankSector Rank
P/FCF 8.01
EV/EBITDA N/A
WNC Per share dataWNC EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 10 20 30 40

4.3 Compensation for Growth

The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates WNC does not grow enough to justify the current Price/Earnings ratio.
A more expensive valuation may be justified as WNC's earnings are expected to grow with 41.10% in the coming years.
PEG (NY)5.13
PEG (5Y)N/A
EPS Next 2Y41.1%
EPS Next 3YN/A

More info and screens

4

5. Dividend

5.1 Amount

With a Yearly Dividend Yield of 2.05%, WNC has a reasonable but not impressive dividend return.
WNC's Dividend Yield is rather good when compared to the industry average which is at 1.61. WNC pays more dividend than 88.98% of the companies in the same industry.
WNC's Dividend Yield is comparable with the S&P500 average which is at 2.27.
Industry RankSector Rank
Dividend Yield 2.05%

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
WNC Yearly Dividends per shareWNC Yearly Dividends per shareYearly Dividends per share 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 0 0 0 0

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 2Y41.1%
EPS Next 3YN/A
WNC Yearly Income VS Free CF VS DividendWNC Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2015 2016 2017 2018 2019 2020 2021 2022 2023 0 100M 200M

More info and screens

WABASH NATIONAL CORP

NYSE:WNC (1/31/2025, 7:00:00 PM)

After market: 15.6 0 (0%)

15.6

0 (0%)

Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryMachinery
Earnings (Last)01-29 2025-01-29/bmo
Earnings (Next)N/A N/A
Inst Owners114.76%
Inst Owner Change2.98%
Ins Owners2.45%
Ins Owner Change0%
Market Cap676.10M
Analysts76.67
Price Target20.91 (34.04%)
Short Float %9.21%
Short Ratio7.94
Dividend
Industry RankSector Rank
Dividend Yield 2.05%
Yearly Dividend0.34
Dividend Growth(5Y)N/A
DP-6.45%
Div Incr Years0
Div Non Decr Years4
Ex-Date01-10 2025-01-10 (0.08)
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-2.46%
Min EPS beat(2)-19.09%
Max EPS beat(2)14.17%
EPS beat(4)2
Avg EPS beat(4)0.92%
Min EPS beat(4)-19.09%
Max EPS beat(4)19.03%
EPS beat(8)6
Avg EPS beat(8)20.24%
EPS beat(12)9
Avg EPS beat(12)22.46%
EPS beat(16)13
Avg EPS beat(16)230.7%
Revenue beat(2)0
Avg Revenue beat(2)-6.04%
Min Revenue beat(2)-8.34%
Max Revenue beat(2)-3.75%
Revenue beat(4)0
Avg Revenue beat(4)-5.06%
Min Revenue beat(4)-8.34%
Max Revenue beat(4)-1.29%
Revenue beat(8)0
Avg Revenue beat(8)-5.04%
Revenue beat(12)3
Avg Revenue beat(12)-1.95%
Revenue beat(16)4
Avg Revenue beat(16)-1.77%
PT rev (1m)0%
PT rev (3m)-2.27%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-88.99%
EPS NY rev (1m)0%
EPS NY rev (3m)-14.93%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-14.15%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-4.06%
Valuation
Industry RankSector Rank
PE 12.79
Fwd PE 12.48
P/S 0.32
P/FCF 8.01
P/OCF 4.47
P/B 3.37
P/tB N/A
EV/EBITDA N/A
EPS(TTM)1.22
EY7.82%
EPS(NY)1.25
Fwd EY8.02%
FCF(TTM)1.95
FCFY12.48%
OCF(TTM)3.49
OCFY22.39%
SpS49.05
BVpS4.63
TBVpS-1.51
PEG (NY)5.13
PEG (5Y)N/A
Profitability
Industry RankSector Rank
ROA -15.99%
ROE -116.03%
ROCE N/A
ROIC N/A
ROICexc N/A
ROICexgc N/A
OM N/A
PM (TTM) N/A
GM 15.54%
FCFM 3.97%
ROA(3y)8.8%
ROA(5y)4.98%
ROE(3y)23.56%
ROE(5y)12.76%
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)19.3%
ROCE(5y)14.75%
ROICexcg growth 3YN/A
ROICexcg growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3Y109.09%
OM growth 5Y15.46%
PM growth 3YN/A
PM growth 5Y24.39%
GM growth 3Y22.14%
GM growth 5Y9.44%
F-Score5
Asset Turnover1.46
Health
Industry RankSector Rank
Debt/Equity 1.98
Debt/FCF 4.7
Debt/EBITDA N/A
Cap/Depr 126.33%
Cap/Sales 3.15%
Interest Coverage N/A
Cash Conversion N/A
Profit Quality N/A
Current Ratio 1.88
Quick Ratio 1.12
Altman-Z 1.46
F-Score5
WACC8.98%
ROIC/WACCN/A
Cap/Depr(3y)150.33%
Cap/Depr(5y)116.37%
Cap/Sales(3y)3.03%
Cap/Sales(5y)2.42%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-74.74%
EPS 3Y29.64%
EPS 5Y-5.63%
EPS Q2Q%-101.83%
EPS Next Y2.49%
EPS Next 2Y41.1%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)N/A
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%-30.08%
Revenue Next Year-0.61%
Revenue Next 2Y8.13%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y-196.37%
EBIT growth 3Y150.11%
EBIT growth 5Y18.08%
EBIT Next Year-47.88%
EBIT Next 3Y-8.41%
EBIT Next 5YN/A
FCF growth 1Y24.68%
FCF growth 3Y27.56%
FCF growth 5Y22.43%
OCF growth 1Y8.98%
OCF growth 3Y37.06%
OCF growth 5Y23.23%