WABASH NATIONAL CORP (WNC) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:WNC - US9295661071 - Common Stock
10.32 USD
+0.22 (+2.18%)
10.32 USD
0 (0%)
Taking everything into account, WNC scores 4 out of 10 in our fundamental rating. WNC was compared to 132 industry peers in the Machinery industry. Both the profitability and the financial health of WNC get a neutral evaluation. Nothing too spectacular is happening here. WNC is valued expensive and it does not seem to be growing. Finally WNC also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
In the past year WNC has reported negative net income.
WNC had a positive operating cash flow in the past year.
In multiple years WNC reported negative net income over the last 5 years.
WNC had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
WNC's Return On Assets of 19.28% is amongst the best of the industry. WNC outperforms 97.73% of its industry peers.
WNC's Return On Equity of 62.16% is amongst the best of the industry. WNC outperforms 99.24% of its industry peers.
WNC has a Return On Invested Capital of 32.32%. This is amongst the best in the industry. WNC outperforms 99.24% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 19.28% | ||
| ROE | 62.16% | ||
| ROIC | 32.32% |
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
WNC's Profit Margin of 15.89% is amongst the best of the industry. WNC outperforms 89.39% of its industry peers.
With an excellent Operating Margin value of 22.63%, WNC belongs to the best of the industry, outperforming 95.45% of the companies in the same industry.
The Gross Margin of WNC (7.27%) is worse than 88.64% of its industry peers.
WNC's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 22.63% | ||
| PM (TTM) | 15.89% | ||
| GM | 7.27% |
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
With a Return on Invested Capital (ROIC) well above the Cost of Capital (WACC), WNC is creating value.
WNC has less shares outstanding than it did 1 year ago.
Compared to 5 years ago, WNC has less shares outstanding
WNC has a better debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 2.90 indicates that WNC is not a great score, but indicates only limited risk for bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 2.90, WNC is in line with its industry, outperforming 50.00% of the companies in the same industry.
WNC has a debt to FCF ratio of 6.74. This is a slightly negative value and a sign of low solvency as WNC would need 6.74 years to pay back of all of its debts.
With a Debt to FCF ratio value of 6.74, WNC perfoms like the industry average, outperforming 47.73% of the companies in the same industry.
WNC has a Debt/Equity ratio of 1.01. This is a high value indicating a heavy dependency on external financing.
WNC has a Debt to Equity ratio of 1.01. This is in the lower half of the industry: WNC underperforms 77.27% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.01 | ||
| Debt/FCF | 6.74 | ||
| Altman-Z | 2.9 |
ROIC/WACC3.63
WACC8.9%
2.3 Liquidity
A Current Ratio of 1.35 indicates that WNC should not have too much problems paying its short term obligations.
The Current ratio of WNC (1.35) is worse than 79.55% of its industry peers.
A Quick Ratio of 0.86 indicates that WNC may have some problems paying its short term obligations.
Looking at the Quick ratio, with a value of 0.86, WNC is doing worse than 71.97% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.35 | ||
| Quick Ratio | 0.86 |
3. Growth
3.1 Past
WNC shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -154.08%.
WNC shows a decrease in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -5.63% yearly.
Looking at the last year, WNC shows a very negative growth in Revenue. The Revenue has decreased by -22.95% in the last year.
The Revenue has been decreasing by -3.44% on average over the past years.
EPS 1Y (TTM)-154.08%
EPS 3Y29.64%
EPS 5Y-5.63%
EPS Q2Q%-368.42%
Revenue 1Y (TTM)-22.95%
Revenue growth 3Y2.58%
Revenue growth 5Y-3.44%
Sales Q2Q%-17.77%
3.2 Future
WNC is expected to show a very negative growth in Earnings Per Share. In the coming years, the EPS will decrease by -38.12% yearly.
Based on estimates for the next years, WNC will show a decrease in Revenue. The Revenue will decrease by -4.19% on average per year.
EPS Next Y-263.09%
EPS Next 2Y-38.12%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year-20.48%
Revenue Next 2Y-4.19%
Revenue Next 3YN/A
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
WNC reported negative earnings for the last year, which makes the Price/Earnings Ratio negative.
Based on the Price/Forward Earnings ratio of 22.09, the valuation of WNC can be described as rather expensive.
WNC's Price/Forward Earnings is on the same level as the industry average.
The average S&P500 Price/Forward Earnings ratio is at 23.92. WNC is around the same levels.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 22.09 |
4.2 Price Multiples
98.48% of the companies in the same industry are more expensive than WNC, based on the Enterprise Value to EBITDA ratio.
Based on the Price/Free Cash Flow ratio, WNC is valued cheaper than 97.73% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 6.67 | ||
| EV/EBITDA | 1.74 |
4.3 Compensation for Growth
WNC's earnings are expected to decrease with -38.12% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-38.12%
EPS Next 3YN/A
5. Dividend
5.1 Amount
WNC has a Yearly Dividend Yield of 3.42%.
WNC's Dividend Yield is rather good when compared to the industry average which is at 0.80. WNC pays more dividend than 96.21% of the companies in the same industry.
WNC's Dividend Yield is rather good when compared to the S&P500 average which is at 1.92.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.42% |
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
5.38% of the earnings are spent on dividend by WNC. This is a low number and sustainable payout ratio.
DP5.38%
EPS Next 2Y-38.12%
EPS Next 3YN/A
10.32
+0.22 (+2.18%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryMachinery
Earnings (Last)
Earnings (Next)
Inst Owners96.18%
Inst Owner Change0%
Ins Owners3.74%
Ins Owner Change-0.15%
Market Cap418.17M
Revenue(TTM)1.64B
Net Income(TTM)260.30M
Analysts76.67
Price Target12.24 (18.6%)
Short Float %4.78%
Short Ratio3.31
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.42% |
Yearly Dividend0.33
Dividend Growth(5Y)0.43%
DP5.38%
Div Incr Years0
Div Non Decr Years5
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)13.05%
Min EPS beat(2)-29.31%
Max EPS beat(2)55.4%
EPS beat(4)1
Avg EPS beat(4)-67.45%
Min EPS beat(4)-179.21%
Max EPS beat(4)55.4%
EPS beat(8)3
Avg EPS beat(8)-33.27%
EPS beat(12)7
Avg EPS beat(12)-8.99%
EPS beat(16)10
Avg EPS beat(16)-0.02%
Revenue beat(2)1
Avg Revenue beat(2)1.88%
Min Revenue beat(2)-0.96%
Max Revenue beat(2)4.73%
Revenue beat(4)1
Avg Revenue beat(4)-1.07%
Min Revenue beat(4)-7.99%
Max Revenue beat(4)4.73%
Revenue beat(8)1
Avg Revenue beat(8)-3.07%
Revenue beat(12)1
Avg Revenue beat(12)-3.72%
Revenue beat(16)4
Avg Revenue beat(16)-1.73%
PT rev (1m)0%
PT rev (3m)-5.88%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-231.52%
EPS NY rev (1m)0%
EPS NY rev (3m)-67.66%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-14.05%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-3.82%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 22.09 | ||
| P/S | 0.26 | ||
| P/FCF | 6.67 | ||
| P/OCF | 2.79 | ||
| P/B | 1 | ||
| P/tB | 2.68 | ||
| EV/EBITDA | 1.74 |
EPS(TTM)-1.26
EYN/A
EPS(NY)0.47
Fwd EY4.53%
FCF(TTM)1.55
FCFY15%
OCF(TTM)3.7
OCFY35.87%
SpS40.43
BVpS10.33
TBVpS3.85
PEG (NY)N/A
PEG (5Y)N/A
Graham NumberN/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 19.28% | ||
| ROE | 62.16% | ||
| ROCE | 41.08% | ||
| ROIC | 32.32% | ||
| ROICexc | 35.97% | ||
| ROICexgc | 53.21% | ||
| OM | 22.63% | ||
| PM (TTM) | 15.89% | ||
| GM | 7.27% | ||
| FCFM | 3.83% |
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
ROICexgc growth 3YN/A
ROICexgc 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-Score4
Asset Turnover1.21
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.01 | ||
| Debt/FCF | 6.74 | ||
| Debt/EBITDA | 0.98 | ||
| Cap/Depr | 144.69% | ||
| Cap/Sales | 5.33% | ||
| Interest Coverage | 18.87 | ||
| Cash Conversion | 34.79% | ||
| Profit Quality | 24.1% | ||
| Current Ratio | 1.35 | ||
| Quick Ratio | 0.86 | ||
| Altman-Z | 2.9 |
F-Score4
WACC8.9%
ROIC/WACC3.63
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)-154.08%
EPS 3Y29.64%
EPS 5Y-5.63%
EPS Q2Q%-368.42%
EPS Next Y-263.09%
EPS Next 2Y-38.12%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)-22.95%
Revenue growth 3Y2.58%
Revenue growth 5Y-3.44%
Sales Q2Q%-17.77%
Revenue Next Year-20.48%
Revenue Next 2Y-4.19%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y224.62%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year-122.1%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-58.92%
FCF growth 3YN/A
FCF growth 5Y-18.89%
OCF growth 1Y-41.53%
OCF growth 3YN/A
OCF growth 5Y-4.32%
WABASH NATIONAL CORP / WNC FAQ
What is the fundamental rating for WNC stock?
ChartMill assigns a fundamental rating of 4 / 10 to WNC.
What is the valuation status of WABASH NATIONAL CORP (WNC) stock?
ChartMill assigns a valuation rating of 3 / 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 5 / 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 decline by -263.09% in the next year.
Is the dividend of WABASH NATIONAL CORP sustainable?
The dividend rating of WABASH NATIONAL CORP (WNC) is 7 / 10 and the dividend payout ratio is 5.38%.