CAMPING WORLD HOLDINGS INC-A (CWH) Stock Fundamental Analysis
NYSE:CWH - New York Stock Exchange, Inc. - US13462K1097 - Common Stock - Currency: USD
Overall CWH gets a fundamental rating of 3 out of 10. We evaluated CWH against 120 industry peers in the Specialty Retail industry. CWH has a medium profitability rating, but doesn't score so well on its financial health evaluation. CWH is not valued too expensively and it also shows a decent 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.
CWH had positive earnings in 4 of the past 5 years.
In the past 5 years CWH always reported a positive cash flow from operatings.
1.2 Ratios
CWH's Return On Assets of -0.56% is in line compared to the rest of the industry. CWH outperforms 42.50% of its industry peers.
Looking at the Return On Equity, with a value of -9.21%, CWH is in line with its industry, outperforming 42.50% of the companies in the same industry.
Looking at the Return On Invested Capital, with a value of 4.49%, CWH is in line with its industry, outperforming 54.17% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for CWH is below the industry average of 13.32%.
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 54.17% of the companies in the same industry.
CWH's Operating Margin has improved in the last couple of years.
Looking at the Gross Margin, with a value of 30.13%, CWH is doing worse than 65.83% of the companies in the same industry.
CWH's Gross Margin has improved in the last couple of years.
| 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
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), CWH 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.
Compared to 1 year ago, CWH has an improved debt to assets ratio.
2.2 Solvency
CWH has an Altman-Z score of 1.70. This is a bad value and indicates that CWH is not financially healthy and even has some risk of bankruptcy.
Looking at the Altman-Z score, with a value of 1.70, CWH is doing worse than 60.00% of the companies in the same industry.
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: 80.00% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 5.21 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 1.7 |
ROIC/WACC0.52
WACC8.56%
2.3 Liquidity
CWH has a Current Ratio of 1.26. This is a normal value and indicates that CWH is financially healthy and should not expect problems in meeting its short term obligations.
Looking at the Current ratio, with a value of 1.26, CWH is in line with its industry, outperforming 45.00% of the companies in the same industry.
CWH has a Quick Ratio of 1.26. This is a bad value and indicates that CWH is not financially healthy enough and could expect problems in meeting 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 89.17% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.26 | ||
| Quick Ratio | 0.19 |
3. Growth
3.1 Past
The earnings per share for CWH have decreased strongly by -148.00% in the last year.
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 79.10% on average over the next years. This is a very strong growth
The Revenue is expected to grow by 9.11% on average over the next years. This is quite good.
EPS Next Y282.81%
EPS Next 2Y134.73%
EPS Next 3Y79.1%
EPS Next 5YN/A
Revenue Next Year4.29%
Revenue Next 2Y5.96%
Revenue Next 3Y9.11%
Revenue Next 5YN/A
3.3 Evolution
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. Valuation
4.1 Price/Earnings Ratio
CWH reported negative earnings for the last year, which makes the Price/Earnings Ratio negative.
CWH is valuated correctly with a Price/Forward Earnings ratio of 14.16.
64.17% of the companies in the same industry are more expensive than CWH, based on the Price/Forward Earnings ratio.
The average S&P500 Price/Forward Earnings ratio is at 22.13. CWH is valued slightly cheaper when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 14.16 |
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 | 18.48 |
4.3 Compensation for Growth
The 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 79.10% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y134.73%
EPS Next 3Y79.1%
5. Dividend
5.1 Amount
CWH has a Yearly Dividend Yield of 2.81%.
Compared to an average industry Dividend Yield of 5.19, CWH pays a better dividend. On top of this CWH pays more dividend than 86.67% of the companies listed in the same industry.
CWH's Dividend Yield is comparable with the S&P500 average which is at 2.39.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.81% |
5.2 History
The dividend of CWH decreases each year by -24.15%.
CWH has been paying a dividend for at least 10 years, so it has 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 2Y134.73%
EPS Next 3Y79.1%
17.89
-0.95 (-5.04%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Discretionary Distribution & Retail
GICS IndustrySpecialty Retail
Earnings (Last)
Earnings (Next)
Inst Owners103.86%
Inst Owner Change-0.15%
Ins Owners4.03%
Ins Owner Change16.73%
Market Cap1.83B
Analysts82.5
Price Target20.68 (15.6%)
Short Float %11.13%
Short Ratio2.3
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.81% |
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)3.24%
PT rev (3m)-27%
EPS NQ rev (1m)-1.17%
EPS NQ rev (3m)-18.37%
EPS NY rev (1m)-25.59%
EPS NY rev (3m)-31.96%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-3.91%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-3.7%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 14.16 | ||
| P/S | 0.3 | ||
| P/FCF | N/A | ||
| P/OCF | 22.63 | ||
| P/B | 5.88 | ||
| P/tB | N/A | ||
| EV/EBITDA | 18.48 |
EPS(TTM)-0.12
EYN/A
EPS(NY)1.26
Fwd EY7.06%
FCF(TTM)-0.08
FCFYN/A
OCF(TTM)0.79
OCFY4.42%
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 | 1.7 |
F-Score4
WACC8.56%
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 Y282.81%
EPS Next 2Y134.73%
EPS Next 3Y79.1%
EPS Next 5YN/A
Revenue 1Y (TTM)0.75%
Revenue growth 3Y-4.09%
Revenue growth 5Y4.51%
Sales Q2Q%3.63%
Revenue Next Year4.29%
Revenue Next 2Y5.96%
Revenue Next 3Y9.11%
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%