THOR INDUSTRIES INC (THO) Stock Fundamental Analysis
NYSE:THO - US8851601018 - Common Stock
109.7 USD
+0.44 (+0.4%)
We assign a fundamental rating of 7 out of 10 to THO. THO was compared to 37 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 is not valued too expensively and it also shows a decent growth rate.
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.
In the past 5 years THO has always 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 (3.11%) is better than 89.19% of its industry peers.
THO has a Return On Equity of 5.28%. This is in the better half of the industry: THO outperforms 78.38% of its industry peers.
THO has a better Return On Invested Capital (4.61%) than 86.49% of its industry peers.
THO had an Average Return On Invested Capital over the past 3 years of 11.53%. This is significantly above the industry average of 5.32%.
The 3 year average ROIC (11.53%) for THO is well above the current ROIC(4.61%). The reason for the recent decline needs to be investigated.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.11% | ||
| ROE | 5.28% | ||
| ROIC | 4.61% |
ROA(3y)8.1%
ROA(5y)7.61%
ROE(3y)15.87%
ROE(5y)15.96%
ROIC(3y)11.53%
ROIC(5y)11.18%
1.3 Margins
With an excellent Profit Margin value of 2.32%, THO belongs to the best of the industry, outperforming 81.08% of the companies in the same industry.
In the last couple of years the Profit Margin of THO has grown nicely.
THO has a Operating Margin of 3.55%. This is amongst the best in the industry. THO outperforms 81.08% of its industry peers.
In the last couple of years the Operating Margin of THO has remained more or less at the same level.
With a decent Gross Margin value of 14.30%, THO is doing good in the industry, outperforming 62.16% of the companies in the same industry.
THO's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 3.55% | ||
| PM (TTM) | 2.32% | ||
| GM | 14.3% |
OM growth 3Y-17.3%
OM growth 5Y-1.19%
PM growth 3Y-21%
PM growth 5Y9.28%
GM growth 3Y-2.05%
GM growth 5Y3.16%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), THO is creating some value.
The number of shares outstanding for THO has been reduced compared to 1 year ago.
THO has less shares outstanding than it did 5 years ago.
Compared to 1 year ago, THO has an improved debt to assets ratio.
2.2 Solvency
THO has an Altman-Z score of 3.72. This indicates that THO is financially healthy and has little risk of bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 3.72, THO belongs to the top of the industry, outperforming 89.19% of the companies in the same industry.
The Debt to FCF ratio of THO is 2.01, which is a good value as it means it would take THO, 2.01 years of fcf income to pay off all of its debts.
THO's Debt to FCF ratio of 2.01 is amongst the best of the industry. THO outperforms 94.59% of its industry peers.
THO has a Debt/Equity ratio of 0.26. This is a healthy value indicating a solid balance between debt and equity.
The Debt to Equity ratio of THO (0.26) is better than 78.38% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.26 | ||
| Debt/FCF | 2.01 | ||
| Altman-Z | 3.72 |
ROIC/WACC0.51
WACC9.03%
2.3 Liquidity
A Current Ratio of 1.71 indicates that THO should not have too much problems paying its short term obligations.
THO has a better Current ratio (1.71) than 70.27% of its industry peers.
THO has a Quick Ratio of 1.71. This is a bad value and indicates that THO is not financially healthy enough and could expect problems in meeting its short term obligations.
THO has a Quick ratio of 0.90. This is comparable to the rest of the industry: THO outperforms 56.76% of its industry peers.
The current and quick ratio evaluation for THO is rather negative, while it does have excellent solvency and profitability. These ratios do not necessarly indicate liquidity issues and need to be evaluated against the specifics of the business.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.71 | ||
| Quick Ratio | 0.9 |
3. Growth
3.1 Past
THO shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -19.03%.
THO shows a decrease in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -0.50% yearly.
Looking at the last year, THO shows a decrease in Revenue. The Revenue has decreased by -6.42% in the last year.
THO shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 5.01% yearly.
EPS 1Y (TTM)-19.03%
EPS 3Y-24.23%
EPS 5Y-0.5%
EPS Q2Q%18.78%
Revenue 1Y (TTM)-6.42%
Revenue growth 3Y-6.58%
Revenue growth 5Y5.01%
Sales Q2Q%3.35%
3.2 Future
The Earnings Per Share is expected to grow by 21.06% on average over the next years. This is a very strong growth
The Revenue is expected to grow by 7.06% on average over the next years.
EPS Next Y-25.3%
EPS Next 2Y-7.29%
EPS Next 3Y4.96%
EPS Next 5Y21.06%
Revenue Next Year-6.07%
Revenue Next 2Y-1.48%
Revenue Next 3Y1.21%
Revenue Next 5Y7.06%
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.
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
A Price/Earnings ratio of 26.31 indicates a quite expensive valuation of THO.
Compared to the rest of the industry, the Price/Earnings ratio of THO indicates a rather cheap valuation: THO is cheaper than 83.78% of the companies listed in the same industry.
THO is valuated at similar levels of the S&P average when we compare the Price/Earnings ratio to 27.08, which is the current average of the S&P500 Index.
The Price/Forward Earnings ratio is 24.78, which indicates a rather expensive current valuation of THO.
Compared to the rest of the industry, the Price/Forward Earnings ratio of THO indicates a somewhat cheap valuation: THO is cheaper than 72.97% of the companies listed in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 22.67, THO is valued at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 26.31 | ||
| Fwd PE | 24.78 |
4.2 Price Multiples
THO's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. THO is cheaper than 86.49% of the companies in the same industry.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of THO indicates a rather cheap valuation: THO is cheaper than 94.59% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 10.83 | ||
| EV/EBITDA | 10.3 |
4.3 Compensation for Growth
THO has an outstanding profitability rating, which may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-7.29%
EPS Next 3Y4.96%
5. Dividend
5.1 Amount
THO has a Yearly Dividend Yield of 1.90%.
Compared to an average industry Dividend Yield of 3.53, THO pays a better dividend. On top of this THO pays more dividend than 83.78% of the companies listed in the same industry.
THO's Dividend Yield is comparable with the S&P500 average which is at 2.34.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.9% |
5.2 History
The dividend of THO has a limited annual growth rate of 4.27%.
THO has been paying a dividend for at least 10 years, so it has a reliable track record.
Dividend Growth(5Y)4.27%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
THO pays out 47.20% of its income as dividend. This is a bit on the high side, but may be sustainable.
The dividend of THO is growing, but earnings are growing more, so the dividend growth is sustainable.
DP47.2%
EPS Next 2Y-7.29%
EPS Next 3Y4.96%
NYSE:THO (8/27/2025, 12:01:20 PM)
109.7
+0.44 (+0.4%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupAutomobiles & Components
GICS IndustryAutomobiles
Earnings (Last)
Earnings (Next)
Inst Owners105.19%
Inst Owner Change1.28%
Ins Owners4.48%
Ins Owner Change-0.89%
Market Cap5.84B
Analysts66.67
Price Target87.53 (-20.21%)
Short Float %9.48%
Short Ratio6.82
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.9% |
Yearly Dividend1.92
Dividend Growth(5Y)4.27%
DP47.2%
Div Incr Years0
Div Non Decr Years0
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-36.72%
Min EPS beat(2)-114.48%
Max EPS beat(2)41.04%
EPS beat(4)2
Avg EPS beat(4)-37.43%
Min EPS beat(4)-114.48%
Max EPS beat(4)41.04%
EPS beat(8)5
Avg EPS beat(8)-13.79%
EPS beat(12)8
Avg EPS beat(12)1.59%
EPS beat(16)12
Avg EPS beat(16)10.15%
Revenue beat(2)2
Avg Revenue beat(2)5.79%
Min Revenue beat(2)1.26%
Max Revenue beat(2)10.32%
Revenue beat(4)3
Avg Revenue beat(4)1.95%
Min Revenue beat(4)-5.35%
Max Revenue beat(4)10.32%
Revenue beat(8)5
Avg Revenue beat(8)2.14%
Revenue beat(12)8
Avg Revenue beat(12)1.8%
Revenue beat(16)12
Avg Revenue beat(16)3.73%
PT rev (1m)1.29%
PT rev (3m)3.62%
EPS NQ rev (1m)-0.58%
EPS NQ rev (3m)-31.13%
EPS NY rev (1m)-0.6%
EPS NY rev (3m)8.25%
Revenue NQ rev (1m)-0.17%
Revenue NQ rev (3m)-5.85%
Revenue NY rev (1m)0.01%
Revenue NY rev (3m)1.51%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 26.31 | ||
| Fwd PE | 24.78 | ||
| P/S | 0.61 | ||
| P/FCF | 10.83 | ||
| P/OCF | 8.88 | ||
| P/B | 1.38 | ||
| P/tB | 3.64 | ||
| EV/EBITDA | 10.3 |
EPS(TTM)4.17
EY3.8%
EPS(NY)4.43
Fwd EY4.03%
FCF(TTM)10.13
FCFY9.23%
OCF(TTM)12.35
OCFY11.26%
SpS180.26
BVpS79.39
TBVpS30.11
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.11% | ||
| ROE | 5.28% | ||
| ROCE | 6.18% | ||
| ROIC | 4.61% | ||
| ROICexc | 5.07% | ||
| ROICexgc | 10.49% | ||
| OM | 3.55% | ||
| PM (TTM) | 2.32% | ||
| GM | 14.3% | ||
| FCFM | 5.62% |
ROA(3y)8.1%
ROA(5y)7.61%
ROE(3y)15.87%
ROE(5y)15.96%
ROIC(3y)11.53%
ROIC(5y)11.18%
ROICexc(3y)12.36%
ROICexc(5y)12.16%
ROICexgc(3y)26.95%
ROICexgc(5y)27.77%
ROCE(3y)15.37%
ROCE(5y)14.9%
ROICexcg growth 3Y-27.81%
ROICexcg growth 5Y-5.33%
ROICexc growth 3Y-25.87%
ROICexc growth 5Y-1.71%
OM growth 3Y-17.3%
OM growth 5Y-1.19%
PM growth 3Y-21%
PM growth 5Y9.28%
GM growth 3Y-2.05%
GM growth 5Y3.16%
F-Score7
Asset Turnover1.34
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.26 | ||
| Debt/FCF | 2.01 | ||
| Debt/EBITDA | 1.76 | ||
| Cap/Depr | 43.38% | ||
| Cap/Sales | 1.24% | ||
| Interest Coverage | 5.09 | ||
| Cash Conversion | 107.03% | ||
| Profit Quality | 241.75% | ||
| Current Ratio | 1.71 | ||
| Quick Ratio | 0.9 | ||
| Altman-Z | 3.72 |
F-Score7
WACC9.03%
ROIC/WACC0.51
Cap/Depr(3y)70.25%
Cap/Depr(5y)64.21%
Cap/Sales(3y)1.58%
Cap/Sales(5y)1.42%
Profit Quality(3y)141.79%
Profit Quality(5y)136.07%
High Growth Momentum
Growth
EPS 1Y (TTM)-19.03%
EPS 3Y-24.23%
EPS 5Y-0.5%
EPS Q2Q%18.78%
EPS Next Y-25.3%
EPS Next 2Y-7.29%
EPS Next 3Y4.96%
EPS Next 5Y21.06%
Revenue 1Y (TTM)-6.42%
Revenue growth 3Y-6.58%
Revenue growth 5Y5.01%
Sales Q2Q%3.35%
Revenue Next Year-6.07%
Revenue Next 2Y-1.48%
Revenue Next 3Y1.21%
Revenue Next 5Y7.06%
EBIT growth 1Y-22.93%
EBIT growth 3Y-22.74%
EBIT growth 5Y3.77%
EBIT Next Year49.82%
EBIT Next 3Y23.76%
EBIT Next 5Y25.93%
FCF growth 1Y-10.92%
FCF growth 3Y0.69%
FCF growth 5Y1.45%
OCF growth 1Y-20.51%
OCF growth 3Y1.19%
OCF growth 5Y1.44%