THOR INDUSTRIES INC (THO) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:THO - US8851601018 - Common Stock
105.62 USD
-0.37 (-0.35%)
105.62 USD
0 (0%)
Overall THO gets a fundamental rating of 6 out of 10. We evaluated THO against 36 industry peers in the Automobiles industry. THO scores excellent points on both the profitability and health parts. This is a solid base for a good stock. THO has a decent growth rate and is not valued too expensively. These ratings could make THO a good candidate for quality investing.
1. Profitability
1.1 Basic Checks
THO had positive earnings in the past year.
THO had a positive operating cash flow in the past year.
Each year in the past 5 years THO has been profitable.
THO had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
The Return On Assets of THO (3.66%) is better than 86.11% of its industry peers.
The Return On Equity of THO (6.03%) is better than 80.56% of its industry peers.
With an excellent Return On Invested Capital value of 5.12%, THO belongs to the best of the industry, outperforming 91.67% of the companies in the same industry.
THO had an Average Return On Invested Capital over the past 3 years of 6.72%. This is in line with the industry average of 5.83%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.66% | ||
| ROE | 6.03% | ||
| ROIC | 5.12% |
ROA(3y)4.2%
ROA(5y)7.57%
ROE(3y)7.32%
ROE(5y)15.24%
ROIC(3y)6.72%
ROIC(5y)11.6%
1.3 Margins
With an excellent Profit Margin value of 2.70%, THO belongs to the best of the industry, outperforming 83.33% of the companies in the same industry.
THO's Profit Margin has been stable in the last couple of years.
With an excellent Operating Margin value of 3.64%, THO belongs to the best of the industry, outperforming 80.56% of the companies in the same industry.
THO's Operating Margin has declined in the last couple of years.
THO has a Gross Margin of 13.99%. This is in the better half of the industry: THO outperforms 61.11% of its industry peers.
THO's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 3.64% | ||
| PM (TTM) | 2.7% | ||
| GM | 13.99% |
OM growth 3Y-27.39%
OM growth 5Y-5.16%
PM growth 3Y-27.13%
PM growth 5Y-0.23%
GM growth 3Y-6.65%
GM growth 5Y0.44%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so THO is destroying value.
Compared to 1 year ago, THO has less shares outstanding
The number of shares outstanding for THO has been reduced compared to 5 years ago.
The debt/assets ratio for THO has been reduced compared to a year ago.
2.2 Solvency
THO has an Altman-Z score of 3.80. This indicates that THO is financially healthy and has little risk of bankruptcy at the moment.
THO has a Altman-Z score of 3.80. This is amongst the best in the industry. THO outperforms 88.89% of its industry peers.
THO has a debt to FCF ratio of 2.17. This is a good value and a sign of high solvency as THO would need 2.17 years to pay back of all of its debts.
THO has a Debt to FCF ratio of 2.17. This is amongst the best in the industry. THO outperforms 91.67% of its industry peers.
A Debt/Equity ratio of 0.23 indicates that THO is not too dependend on debt financing.
Looking at the Debt to Equity ratio, with a value of 0.23, THO belongs to the top of the industry, outperforming 80.56% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.23 | ||
| Debt/FCF | 2.17 | ||
| Altman-Z | 3.8 |
ROIC/WACC0.57
WACC8.91%
2.3 Liquidity
A Current Ratio of 1.75 indicates that THO should not have too much problems paying its short term obligations.
The Current ratio of THO (1.75) is better than 72.22% of its industry peers.
A Quick Ratio of 0.90 indicates that THO may have some problems paying its short term obligations.
With a Quick ratio value of 0.90, THO perfoms like the industry average, outperforming 52.78% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.75 | ||
| Quick Ratio | 0.9 |
3. Growth
3.1 Past
The earnings per share for THO have decreased by -5.83% in the last year.
The Earnings Per Share has been decreasing by -0.12% on average over the past years.
The Revenue has decreased by -4.62% in the past year.
THO shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 3.24% yearly.
EPS 1Y (TTM)-5.83%
EPS 3Y-38.25%
EPS 5Y-0.12%
EPS Q2Q%40.48%
Revenue 1Y (TTM)-4.62%
Revenue growth 3Y-16.26%
Revenue growth 5Y3.24%
Sales Q2Q%-0.41%
3.2 Future
Based on estimates for the next years, THO will show a very strong growth in Earnings Per Share. The EPS will grow by 23.52% on average per year.
Based on estimates for the next years, THO will show a quite strong growth in Revenue. The Revenue will grow by 8.77% on average per year.
EPS Next Y-13.74%
EPS Next 2Y7.8%
EPS Next 3Y14.67%
EPS Next 5Y23.52%
Revenue Next Year1.16%
Revenue Next 2Y3.49%
Revenue Next 3Y4.81%
Revenue Next 5Y8.77%
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
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
Based on the Price/Earnings ratio of 21.78, the valuation of THO can be described as rather expensive.
Based on the Price/Earnings ratio, THO is valued cheaply inside the industry as 83.33% of the companies are valued more expensively.
Compared to an average S&P500 Price/Earnings ratio of 26.31, THO is valued at the same level.
A Price/Forward Earnings ratio of 25.25 indicates a quite expensive valuation of THO.
Based on the Price/Forward Earnings ratio, THO is valued a bit cheaper than the industry average as 72.22% of the companies are valued more expensively.
Compared to an average S&P500 Price/Forward Earnings ratio of 36.59, THO is valued a bit cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 21.78 | ||
| Fwd PE | 25.25 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, THO is valued cheaply inside the industry as 83.33% of the companies are valued more expensively.
THO's Price/Free Cash Flow ratio is rather cheap when compared to the industry. THO is cheaper than 88.89% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 12.27 | ||
| EV/EBITDA | 9.55 |
4.3 Compensation for Growth
THO has a very decent profitability rating, which may justify a higher PE ratio.
A more expensive valuation may be justified as THO's earnings are expected to grow with 14.67% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y7.8%
EPS Next 3Y14.67%
5. Dividend
5.1 Amount
THO has a Yearly Dividend Yield of 1.96%. Purely for dividend investing, there may be better candidates out there.
Compared to an average industry Dividend Yield of 3.35, THO pays a better dividend. On top of this THO pays more dividend than 83.33% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 2.34, THO has a dividend comparable with the average S&P500 company.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.96% |
5.2 History
The dividend of THO has a limited annual growth rate of 4.66%.
THO has paid a dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)4.66%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
41.05% of the earnings are spent on dividend by THO. This is a bit on the high side, but may be sustainable.
THO's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP41.05%
EPS Next 2Y7.8%
EPS Next 3Y14.67%
105.62
-0.37 (-0.35%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupAutomobiles & Components
GICS IndustryAutomobiles
Earnings (Last)
Earnings (Next)
Inst Owners108.51%
Inst Owner Change-8.47%
Ins Owners4.48%
Ins Owner Change4.01%
Market Cap5.58B
Revenue(TTM)9.58B
Net Income(TTM)258.56M
Analysts68
Price Target109.33 (3.51%)
Short Float %7.1%
Short Ratio5.49
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.96% |
Yearly Dividend2.01
Dividend Growth(5Y)4.66%
DP41.05%
Div Incr Years0
Div Non Decr Years0
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)64.65%
Min EPS beat(2)41.04%
Max EPS beat(2)88.26%
EPS beat(4)2
Avg EPS beat(4)-22.35%
Min EPS beat(4)-114.48%
Max EPS beat(4)88.26%
EPS beat(8)5
Avg EPS beat(8)-11.96%
EPS beat(12)8
Avg EPS beat(12)6.36%
EPS beat(16)12
Avg EPS beat(16)13.18%
Revenue beat(2)2
Avg Revenue beat(2)8.72%
Min Revenue beat(2)7.12%
Max Revenue beat(2)10.32%
Revenue beat(4)3
Avg Revenue beat(4)3.34%
Min Revenue beat(4)-5.35%
Max Revenue beat(4)10.32%
Revenue beat(8)5
Avg Revenue beat(8)1.52%
Revenue beat(12)8
Avg Revenue beat(12)2.15%
Revenue beat(16)12
Avg Revenue beat(16)3.75%
PT rev (1m)1.59%
PT rev (3m)24.89%
EPS NQ rev (1m)-36.8%
EPS NQ rev (3m)-148.42%
EPS NY rev (1m)0%
EPS NY rev (3m)-5.48%
Revenue NQ rev (1m)-0.1%
Revenue NQ rev (3m)-3.27%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-2.19%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 21.78 | ||
| Fwd PE | 25.25 | ||
| P/S | 0.58 | ||
| P/FCF | 12.27 | ||
| P/OCF | 9.66 | ||
| P/B | 1.3 | ||
| P/tB | 3.31 | ||
| EV/EBITDA | 9.55 |
EPS(TTM)4.85
EY4.59%
EPS(NY)4.18
Fwd EY3.96%
FCF(TTM)8.61
FCFY8.15%
OCF(TTM)10.94
OCFY10.36%
SpS181.29
BVpS81.16
TBVpS31.96
PEG (NY)N/A
PEG (5Y)N/A
Graham Number94.11
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.66% | ||
| ROE | 6.03% | ||
| ROCE | 6.36% | ||
| ROIC | 5.12% | ||
| ROICexc | 5.72% | ||
| ROICexgc | 12.04% | ||
| OM | 3.64% | ||
| PM (TTM) | 2.7% | ||
| GM | 13.99% | ||
| FCFM | 4.75% |
ROA(3y)4.2%
ROA(5y)7.57%
ROE(3y)7.32%
ROE(5y)15.24%
ROIC(3y)6.72%
ROIC(5y)11.6%
ROICexc(3y)7.38%
ROICexc(5y)12.57%
ROICexgc(3y)15.82%
ROICexgc(5y)27.7%
ROCE(3y)8.35%
ROCE(5y)14.36%
ROICexgc growth 3Y-38.46%
ROICexgc growth 5Y-12.23%
ROICexc growth 3Y-37.57%
ROICexc growth 5Y-7.38%
OM growth 3Y-27.39%
OM growth 5Y-5.16%
PM growth 3Y-27.13%
PM growth 5Y-0.23%
GM growth 3Y-6.65%
GM growth 5Y0.44%
F-Score6
Asset Turnover1.36
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.23 | ||
| Debt/FCF | 2.17 | ||
| Debt/EBITDA | 1.58 | ||
| Cap/Depr | 45.35% | ||
| Cap/Sales | 1.28% | ||
| Interest Coverage | 5.94 | ||
| Cash Conversion | 93.27% | ||
| Profit Quality | 175.95% | ||
| Current Ratio | 1.75 | ||
| Quick Ratio | 0.9 | ||
| Altman-Z | 3.8 |
F-Score6
WACC8.91%
ROIC/WACC0.57
Cap/Depr(3y)56.97%
Cap/Depr(5y)62.4%
Cap/Sales(3y)1.52%
Cap/Sales(5y)1.42%
Profit Quality(3y)178.53%
Profit Quality(5y)132.32%
High Growth Momentum
Growth
EPS 1Y (TTM)-5.83%
EPS 3Y-38.25%
EPS 5Y-0.12%
EPS Q2Q%40.48%
EPS Next Y-13.74%
EPS Next 2Y7.8%
EPS Next 3Y14.67%
EPS Next 5Y23.52%
Revenue 1Y (TTM)-4.62%
Revenue growth 3Y-16.26%
Revenue growth 5Y3.24%
Sales Q2Q%-0.41%
Revenue Next Year1.16%
Revenue Next 2Y3.49%
Revenue Next 3Y4.81%
Revenue Next 5Y8.77%
EBIT growth 1Y-19.47%
EBIT growth 3Y-39.2%
EBIT growth 5Y-2.09%
EBIT Next Year111.82%
EBIT Next 3Y38.82%
EBIT Next 5Y33.97%
FCF growth 1Y12.08%
FCF growth 3Y-15.26%
FCF growth 5Y0.94%
OCF growth 1Y5.93%
OCF growth 3Y-16.43%
OCF growth 5Y1.33%
THOR INDUSTRIES INC / THO FAQ
What is the fundamental rating for THO stock?
ChartMill assigns a fundamental rating of 6 / 10 to THO.
Can you provide the valuation status for THOR INDUSTRIES INC?
ChartMill assigns a valuation rating of 5 / 10 to THOR INDUSTRIES INC (THO). This can be considered as Fairly Valued.
What is the profitability of THO stock?
THOR INDUSTRIES INC (THO) has a profitability rating of 7 / 10.
Can you provide the PE and PB ratios for THO stock?
The Price/Earnings (PE) ratio for THOR INDUSTRIES INC (THO) is 21.78 and the Price/Book (PB) ratio is 1.3.
What is the earnings growth outlook for THOR INDUSTRIES INC?
The Earnings per Share (EPS) of THOR INDUSTRIES INC (THO) is expected to decline by -13.74% in the next year.