THOR INDUSTRIES INC (THO)
US8851601018 - Common Stock
Overall THO gets a fundamental rating of 5 out of 10. We evaluated THO against 41 industry peers in the Automobiles industry. THO has only an average score on both its financial health and profitability. THO is valued correctly, but it does not seem to be growing. Finally THO also has an excellent dividend rating. This makes THO very considerable for dividend investing!
1. Profitability
1.1 Basic Checks
THO had positive earnings in the past year.
In the past year THO had a positive cash flow from operations.
Each year in the past 5 years THO has been profitable.
In the past 5 years THO always reported a positive cash flow from operatings.
1.2 Ratios
The Return On Assets of THO (3.68%) is better than 73.17% of its industry peers.
The Return On Equity of THO (6.63%) is better than 70.73% of its industry peers.
Looking at the Return On Invested Capital, with a value of 6.09%, THO is in the better half of the industry, outperforming 75.61% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for THO is above the industry average of 11.59%.
The last Return On Invested Capital (6.09%) for THO is well below the 3 year average (14.58%), which needs to be investigated, but indicates that THO had better years and this may not be a problem.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.68% | ||
| ROE | 6.63% | ||
| ROIC | 6.09% |
ROA(3y)10.14%
ROA(5y)7.33%
ROE(3y)21.22%
ROE(5y)15.93%
ROIC(3y)14.58%
ROIC(5y)11.42%
1.3 Margins
THO's Profit Margin of 2.59% is fine compared to the rest of the industry. THO outperforms 70.73% of its industry peers.
THO's Profit Margin has declined in the last couple of years.
THO has a better Operating Margin (4.31%) than 70.73% of its industry peers.
In the last couple of years the Operating Margin of THO has declined.
THO's Gross Margin of 14.10% is in line compared to the rest of the industry. THO outperforms 56.10% of its industry peers.
THO's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 4.31% | ||
| PM (TTM) | 2.59% | ||
| GM | 14.1% |
OM growth 3Y4.22%
OM growth 5Y-6.81%
PM growth 3Y7.22%
PM growth 5Y-8.21%
GM growth 3Y1.59%
GM growth 5Y0.52%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so THO is still creating some value.
THO has less shares outstanding than it did 1 year ago.
THO has more shares outstanding than it did 5 years ago.
THO has a better debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 3.64 indicates that THO is not in any danger for bankruptcy at the moment.
THO's Altman-Z score of 3.64 is amongst the best of the industry. THO outperforms 87.80% of its industry peers.
The Debt to FCF ratio of THO is 2.39, which is a good value as it means it would take THO, 2.39 years of fcf income to pay off all of its debts.
The Debt to FCF ratio of THO (2.39) is better than 97.56% of its industry peers.
THO has a Debt/Equity ratio of 0.32. This is a healthy value indicating a solid balance between debt and equity.
Looking at the Debt to Equity ratio, with a value of 0.32, THO is in line with its industry, outperforming 56.10% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.32 | ||
| Debt/FCF | 2.39 | ||
| Altman-Z | 3.64 |
ROIC/WACC0.58
WACC10.56%
2.3 Liquidity
A Current Ratio of 1.65 indicates that THO should not have too much problems paying its short term obligations.
The Current ratio of THO (1.65) is better than 65.85% of its industry peers.
A Quick Ratio of 0.74 indicates that THO may have some problems paying its short term obligations.
THO has a Quick ratio of 0.74. This is in the lower half of the industry: THO underperforms 63.41% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.65 | ||
| Quick Ratio | 0.74 |
3. Growth
3.1 Past
The earnings per share for THO have decreased strongly by -50.58% in the last year.
Measured over the past years, THO shows a decrease in Earnings Per Share. The EPS has been decreasing by -4.06% on average per year.
Looking at the last year, THO shows a very negative growth in Revenue. The Revenue has decreased by -16.04% in the last year.
Measured over the past years, THO shows a small growth in Revenue. The Revenue has been growing by 5.95% on average per year.
EPS 1Y (TTM)-50.58%
EPS 3Y12.51%
EPS 5Y-4.06%
EPS Q2Q%-4.91%
Revenue 1Y (TTM)-16.04%
Revenue growth 3Y10.84%
Revenue growth 5Y5.95%
Sales Q2Q%-4.36%
3.2 Future
THO is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 16.43% yearly.
THO is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 6.55% yearly.
EPS Next Y-31.65%
EPS Next 2Y0.83%
EPS Next 3Y8.45%
EPS Next 5Y16.43%
Revenue Next Year-7.43%
Revenue Next 2Y-0.76%
Revenue Next 3Y0.91%
Revenue Next 5Y6.55%
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is stable.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 20.09, the valuation of THO can be described as rather expensive.
Compared to the rest of the industry, the Price/Earnings ratio of THO indicates a somewhat cheap valuation: THO is cheaper than 73.17% of the companies listed in the same industry.
When comparing the Price/Earnings ratio of THO to the average of the S&P500 Index (24.41), we can say THO is valued inline with the index average.
The Price/Forward Earnings ratio is 14.64, which indicates a correct valuation of THO.
78.05% of the companies in the same industry are more expensive than THO, based on the Price/Forward Earnings ratio.
THO is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 20.59, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 20.09 | ||
| Fwd PE | 14.64 |
4.2 Price Multiples
THO's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. THO is cheaper than 87.80% of the companies in the same industry.
87.80% of the companies in the same industry are more expensive than THO, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 9.98 | ||
| EV/EBITDA | 8.78 |
4.3 Compensation for Growth
The decent profitability rating of THO may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y0.83%
EPS Next 3Y8.45%
5. Dividend
5.1 Amount
THO has a Yearly Dividend Yield of 1.95%. Purely for dividend investing, there may be better candidates out there.
THO's Dividend Yield is rather good when compared to the industry average which is at 3.01. THO pays more dividend than 85.37% of the companies in the same industry.
THO's Dividend Yield is comparable with the S&P500 average which is at 2.30.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.95% |
5.2 History
The dividend of THO has a limited annual growth rate of 3.90%.
THO has been paying a dividend for at least 10 years, so it has a reliable track record.
THO has not decreased its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.
Dividend Growth(5Y)3.9%
Div Incr Years14
Div Non Decr Years33
5.3 Sustainability
THO pays out 37.92% of its income as dividend. This is a sustainable payout ratio.
The dividend of THO is growing, but earnings are growing more, so the dividend growth is sustainable.
DP37.92%
EPS Next 2Y0.83%
EPS Next 3Y8.45%
THOR INDUSTRIES INC
NYSE:THO (7/26/2024, 7:04:00 PM)
After market: 103.44 0 (0%)103.44
+1.07 (+1.05%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupAutomobiles & Components
GICS IndustryAutomobiles
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap5.50B
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.95% |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
Avg EPS beat(2)
Min EPS beat(2)
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EPS beat(4)
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EPS beat(8)
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EPS beat(12)
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EPS beat(16)
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Revenue beat(2)
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Revenue beat(4)
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Revenue beat(8)
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Revenue beat(12)
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Revenue beat(16)
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PT rev (1m)
PT rev (3m)
EPS NQ rev (1m)
EPS NQ rev (3m)
EPS NY rev (1m)
EPS NY rev (3m)
Revenue NQ rev (1m)
Revenue NQ rev (3m)
Revenue NY rev (1m)
Revenue NY rev (3m)
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 20.09 | ||
| Fwd PE | 14.64 | ||
| P/S | |||
| P/FCF | |||
| P/OCF | |||
| P/B | |||
| P/tB | |||
| EV/EBITDA |
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.68% | ||
| ROE | 6.63% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | 4.31% | ||
| PM (TTM) | 2.59% | ||
| GM | 14.1% | ||
| FCFM |
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover1.42
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.32 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 1.65 | ||
| Quick Ratio | 0.74 | ||
| Altman-Z |
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
High Growth Momentum
Growth
EPS 1Y (TTM)-50.58%
EPS 3Y12.51%
EPS 5Y
EPS Q2Q%
EPS Next Y-31.65%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)-16.04%
Revenue growth 3Y10.84%
Revenue growth 5Y
Sales Q2Q%
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y