CAMPING WORLD HOLDINGS INC-A (CWH) Stock Fundamental Analysis
NYSE:CWH - New York Stock Exchange, Inc. - US13462K1097 - Common Stock - Currency: USD
Taking everything into account, CWH scores 3 out of 10 in our fundamental rating. CWH was compared to 122 industry peers in the Specialty Retail industry. There are concerns on the financial health of CWH while its profitability can be described as average. CWH has a correct valuation and a medium growth rate.
1. Profitability
1.1 Basic Checks
CWH had negative earnings in the past year.
CWH had a positive operating cash flow in the past year.
Of the past 5 years CWH 4 years were profitable.
CWH had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
CWH has a Return On Assets of -0.56%. This is comparable to the rest of the industry: CWH outperforms 43.44% of its industry peers.
Looking at the Return On Equity, with a value of -9.21%, CWH is in line with its industry, outperforming 43.44% of the companies in the same industry.
The Return On Invested Capital of CWH (4.49%) is comparable to the rest of the industry.
The Average Return On Invested Capital over the past 3 years for CWH is below the industry average of 12.95%.
The 3 year average ROIC (9.05%) for CWH is well above the current ROIC(4.49%). The reason for the recent decline needs to be investigated.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -0.56% | ||
| ROE | -9.21% | ||
| ROIC | 4.49% |
ROA(3y)0.9%
ROA(5y)2.56%
ROE(3y)35.24%
ROE(5y)147.64%
ROIC(3y)9.05%
ROIC(5y)13.6%
1.3 Margins
With a Operating Margin value of 2.91%, CWH perfoms like the industry average, outperforming 54.10% of the companies in the same industry.
In the last couple of years the Operating Margin of CWH has grown nicely.
With a Gross Margin value of 30.13%, CWH is not doing good in the industry: 66.39% of the companies in the same industry are doing better.
In the last couple of years the Gross Margin of CWH has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 2.91% | ||
| PM (TTM) | N/A | ||
| GM | 30.13% |
OM growth 3Y-38.06%
OM growth 5Y9.86%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-5.56%
GM growth 5Y2.6%
2. Health
2.1 Basic Checks
CWH has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
The number of shares outstanding for CWH has been increased compared to 1 year ago.
The number of shares outstanding for CWH has been increased compared to 5 years ago.
CWH has a better debt/assets ratio than last year.
2.2 Solvency
CWH has an Altman-Z score of 1.69. This is a bad value and indicates that CWH is not financially healthy and even has some risk of bankruptcy.
CWH has a Altman-Z score of 1.69. This is in the lower half of the industry: CWH underperforms 60.66% of its industry peers.
A Debt/Equity ratio of 5.21 is on the high side and indicates that CWH has dependencies on debt financing.
With a Debt to Equity ratio value of 5.21, CWH is not doing good in the industry: 79.51% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 5.21 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 1.69 |
ROIC/WACC0.52
WACC8.61%
2.3 Liquidity
A Current Ratio of 1.26 indicates that CWH should not have too much problems paying its short term obligations.
CWH has a Current ratio (1.26) which is in line with its industry peers.
A Quick Ratio of 0.19 indicates that CWH may have some problems paying its short term obligations.
CWH's Quick ratio of 0.19 is on the low side compared to the rest of the industry. CWH is outperformed by 88.52% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.26 | ||
| Quick Ratio | 0.19 |
3. Growth
3.1 Past
CWH shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -148.00%.
The Revenue has been growing slightly by 0.75% in the past year.
Measured over the past years, CWH shows a small growth in Revenue. The Revenue has been growing by 4.51% on average per year.
EPS 1Y (TTM)-148%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%60%
Revenue 1Y (TTM)0.75%
Revenue growth 3Y-4.09%
Revenue growth 5Y4.51%
Sales Q2Q%3.63%
3.2 Future
The Earnings Per Share is expected to grow by 77.90% on average over the next years. This is a very strong growth
The Revenue is expected to grow by 7.85% on average over the next years.
EPS Next Y302.62%
EPS Next 2Y140.06%
EPS Next 3Y77.9%
EPS Next 5YN/A
Revenue Next Year4.19%
Revenue Next 2Y5.89%
Revenue Next 3Y7.85%
Revenue Next 5YN/A
3.3 Evolution
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
CWH reported negative earnings for the last year, which makes the Price/Earnings Ratio negative.
With a Price/Forward Earnings ratio of 13.51, CWH is valued correctly.
CWH's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. CWH is cheaper than 69.67% of the companies in the same industry.
When comparing the Price/Forward Earnings ratio of CWH to the average of the S&P500 Index (35.19), we can say CWH is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 13.51 |
4.2 Price Multiples
CWH's Enterprise Value to EBITDA is on the same level as the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 18.27 |
4.3 Compensation for Growth
CWH's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
A more expensive valuation may be justified as CWH's earnings are expected to grow with 77.90% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y140.06%
EPS Next 3Y77.9%
5. Dividend
5.1 Amount
CWH has a Yearly Dividend Yield of 2.66%. Purely for dividend investing, there may be better candidates out there.
CWH's Dividend Yield is rather good when compared to the industry average which is at 4.90. CWH pays more dividend than 87.70% of the companies in the same industry.
Compared to an average S&P500 Dividend Yield of 2.35, CWH has a dividend comparable with the average S&P500 company.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.66% |
5.2 History
The dividend of CWH decreases each year by -24.15%.
CWH has paid a dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)-24.15%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
CWH has negative earnings and hence a negative payout ratio. The dividend may be in danger.
DP-94.15%
EPS Next 2Y140.06%
EPS Next 3Y77.9%
18.3
-0.53 (-2.81%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Discretionary Distribution & Retail
GICS IndustrySpecialty Retail
Earnings (Last)
Earnings (Next)
Inst Owners100.81%
Inst Owner Change0%
Ins Owners1.66%
Ins Owner Change16.93%
Market Cap1.87B
Analysts82.5
Price Target21.23 (16.01%)
Short Float %13.38%
Short Ratio2.61
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.66% |
Yearly Dividend0.27
Dividend Growth(5Y)-24.15%
DP-94.15%
Div Incr Years0
Div Non Decr Years0
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)17.9%
Min EPS beat(2)9.03%
Max EPS beat(2)26.77%
EPS beat(4)3
Avg EPS beat(4)6.73%
Min EPS beat(4)-23.39%
Max EPS beat(4)26.77%
EPS beat(8)5
Avg EPS beat(8)26.48%
EPS beat(12)7
Avg EPS beat(12)-96.08%
EPS beat(16)10
Avg EPS beat(16)-71.8%
Revenue beat(2)1
Avg Revenue beat(2)1.97%
Min Revenue beat(2)-1.91%
Max Revenue beat(2)5.84%
Revenue beat(4)2
Avg Revenue beat(4)0.84%
Min Revenue beat(4)-4.62%
Max Revenue beat(4)5.84%
Revenue beat(8)3
Avg Revenue beat(8)-1.34%
Revenue beat(12)6
Avg Revenue beat(12)-0.1%
Revenue beat(16)9
Avg Revenue beat(16)0.4%
PT rev (1m)2.69%
PT rev (3m)-23.55%
EPS NQ rev (1m)0.16%
EPS NQ rev (3m)-13.75%
EPS NY rev (1m)10.84%
EPS NY rev (3m)-18.37%
Revenue NQ rev (1m)0.11%
Revenue NQ rev (3m)-3.17%
Revenue NY rev (1m)-0.09%
Revenue NY rev (3m)-3.84%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 13.51 | ||
| P/S | 0.3 | ||
| P/FCF | N/A | ||
| P/OCF | 23.15 | ||
| P/B | 6.01 | ||
| P/tB | N/A | ||
| EV/EBITDA | 18.27 |
EPS(TTM)-0.12
EYN/A
EPS(NY)1.35
Fwd EY7.4%
FCF(TTM)-0.08
FCFYN/A
OCF(TTM)0.79
OCFY4.32%
SpS60.27
BVpS3.04
TBVpS-4.47
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -0.56% | ||
| ROE | -9.21% | ||
| ROCE | 5.68% | ||
| ROIC | 4.49% | ||
| ROICexc | 4.52% | ||
| ROICexgc | 5.98% | ||
| OM | 2.91% | ||
| PM (TTM) | N/A | ||
| GM | 30.13% | ||
| FCFM | N/A |
ROA(3y)0.9%
ROA(5y)2.56%
ROE(3y)35.24%
ROE(5y)147.64%
ROIC(3y)9.05%
ROIC(5y)13.6%
ROICexc(3y)9.42%
ROICexc(5y)14.6%
ROICexgc(3y)12.4%
ROICexgc(5y)18.76%
ROCE(3y)11.46%
ROCE(5y)17.21%
ROICexcg growth 3Y-42.69%
ROICexcg growth 5Y6.38%
ROICexc growth 3Y-43.87%
ROICexc growth 5Y5.33%
OM growth 3Y-38.06%
OM growth 5Y9.86%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-5.56%
GM growth 5Y2.6%
F-Score4
Asset Turnover1.19
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 5.21 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 6.14 | ||
| Cap/Depr | 104.74% | ||
| Cap/Sales | 1.44% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 30.6% | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.26 | ||
| Quick Ratio | 0.19 | ||
| Altman-Z | 1.69 |
F-Score4
WACC8.61%
ROIC/WACC0.52
Cap/Depr(3y)166.76%
Cap/Depr(5y)149.83%
Cap/Sales(3y)1.96%
Cap/Sales(5y)1.65%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-148%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%60%
EPS Next Y302.62%
EPS Next 2Y140.06%
EPS Next 3Y77.9%
EPS Next 5YN/A
Revenue 1Y (TTM)0.75%
Revenue growth 3Y-4.09%
Revenue growth 5Y4.51%
Sales Q2Q%3.63%
Revenue Next Year4.19%
Revenue Next 2Y5.89%
Revenue Next 3Y7.85%
Revenue Next 5YN/A
EBIT growth 1Y-19.28%
EBIT growth 3Y-40.59%
EBIT growth 5Y14.81%
EBIT Next Year85.54%
EBIT Next 3Y41.15%
EBIT Next 5YN/A
FCF growth 1Y-101.73%
FCF growth 3Y73.34%
FCF growth 5Y-4.6%
OCF growth 1Y-86.54%
OCF growth 3Y16.76%
OCF growth 5Y-0.54%