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%)
WNC gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 132 industry peers in the Machinery industry. WNC has only an average score on both its financial health and profitability. WNC does not seem to be growing, but still is valued expensively. Finally WNC also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
WNC had negative 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.
Of the past 5 years WNC 4 years had a positive operating cash flow.
1.2 Ratios
WNC has a better Return On Assets (19.28%) than 97.73% of its industry peers.
With an excellent Return On Equity value of 62.16%, WNC belongs to the best of the industry, outperforming 99.24% of the companies in the same industry.
Looking at the Return On Invested Capital, with a value of 32.32%, WNC belongs to the top of the industry, outperforming 99.24% of the companies in the same industry.
| 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 has a Profit Margin of 15.89%. This is amongst the best in the industry. WNC outperforms 89.39% of its industry peers.
WNC has a Operating Margin of 22.63%. This is amongst the best in the industry. WNC outperforms 95.45% of its industry peers.
WNC has a worse Gross Margin (7.27%) than 88.64% of its industry peers.
In the last couple of years the Gross Margin of WNC has remained more or less at the same level.
| 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
WNC has a Return on Invested Capital (ROIC), which is well above the Cost of Capital (WACC), which means it is creating value.
Compared to 1 year ago, WNC has less shares outstanding
Compared to 5 years ago, WNC has less shares outstanding
Compared to 1 year ago, WNC has an improved debt to assets ratio.
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.
WNC has a Altman-Z score (2.90) which is in line with its industry peers.
The Debt to FCF ratio of WNC is 6.74, which is on the high side as it means it would take WNC, 6.74 years of fcf income to pay off all of its debts.
WNC has a Debt to FCF ratio (6.74) which is comparable to the rest of the industry.
A Debt/Equity ratio of 1.01 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 1.01, WNC is doing worse than 77.27% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.01 | ||
| Debt/FCF | 6.74 | ||
| Altman-Z | 2.9 |
ROIC/WACC3.63
WACC8.9%
2.3 Liquidity
WNC has a Current Ratio of 1.35. This is a normal value and indicates that WNC is financially healthy and should not expect problems in meeting its short term obligations.
Looking at the Current ratio, with a value of 1.35, WNC is doing worse than 79.55% of the companies in the same industry.
WNC has a Quick Ratio of 1.35. 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 (0.86) than 71.97% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.35 | ||
| Quick Ratio | 0.86 |
3. Growth
3.1 Past
The earnings per share for WNC have decreased strongly by -154.08% in the last year.
Measured over the past years, WNC shows a decrease in Earnings Per Share. The EPS has been decreasing by -5.63% on average per year.
Looking at the last year, WNC shows a very negative growth in Revenue. The Revenue has decreased by -22.95% 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)-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
Based on estimates for the next years, WNC will show a very negative growth in Earnings Per Share. The EPS will decrease by -38.12% on average per year.
The Revenue is expected to decrease by -4.19% on average over the next years.
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.
A Price/Forward Earnings ratio of 22.09 indicates a rather expensive valuation of WNC.
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
WNC's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. WNC is cheaper than 98.48% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, WNC is valued cheaply inside the industry as 97.73% of the companies are valued more expensively.
| 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
With a Yearly Dividend Yield of 3.42%, 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 0.80. WNC pays more dividend than 96.21% of the companies in the same industry.
Compared to an average S&P500 Dividend Yield of 1.92, WNC pays a better dividend.
| 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 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)0.43%
Div Incr Years0
Div Non Decr Years5
5.3 Sustainability
WNC pays out 5.38% of its income as dividend. This is a 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 Change-0.1%
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%.