WINNEBAGO INDUSTRIES (WGO)
US9746371007 - Common Stock
WGO gets a fundamental rating of 6 out of 10. The analysis compared the fundamentals against 41 industry peers in the Automobiles industry. Both the health and profitability get an excellent rating, making WGO a very profitable company, without any liquidiy or solvency issues. WGO is cheap, but on the other hand it scores bad on growth. These ratings could make WGO a good candidate for value investing.
1. Profitability
1.1 Basic Checks
In the past year WGO was profitable.
WGO had a positive operating cash flow in the past year.
In the past 5 years WGO has always been profitable.
In the past 5 years WGO always reported a positive cash flow from operatings.
1.2 Ratios
The Return On Assets of WGO (3.54%) is better than 70.73% of its industry peers.
The Return On Equity of WGO (6.52%) is better than 68.29% of its industry peers.
Looking at the Return On Invested Capital, with a value of 6.65%, WGO belongs to the top of the industry, outperforming 85.37% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for WGO is significantly above the industry average of 10.90%.
The 3 year average ROIC (17.85%) for WGO is well above the current ROIC(6.65%). The reason for the recent decline needs to be investigated.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.54% | ||
| ROE | 6.52% | ||
| ROIC | 6.65% |
ROA(3y)12.9%
ROA(5y)10.48%
ROE(3y)24.46%
ROE(5y)19.7%
ROIC(3y)17.85%
ROIC(5y)14.72%
1.3 Margins
WGO's Profit Margin of 2.84% is fine compared to the rest of the industry. WGO outperforms 73.17% of its industry peers.
WGO's Profit Margin has improved in the last couple of years.
Looking at the Operating Margin, with a value of 5.80%, WGO is in the better half of the industry, outperforming 78.05% of the companies in the same industry.
In the last couple of years the Operating Margin of WGO has grown nicely.
WGO has a Gross Margin of 15.44%. This is in the better half of the industry: WGO outperforms 65.85% of its industry peers.
WGO's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 5.8% | ||
| PM (TTM) | 2.84% | ||
| GM | 15.44% |
OM growth 3Y17.43%
OM growth 5Y1.61%
PM growth 3Y33.38%
PM growth 5Y4.03%
GM growth 3Y7.93%
GM growth 5Y2.47%
2. Health
2.1 Basic Checks
WGO has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
WGO has less shares outstanding than it did 1 year ago.
Compared to 5 years ago, WGO has less shares outstanding
Compared to 1 year ago, WGO has a worse debt to assets ratio.
2.2 Solvency
An Altman-Z score of 3.69 indicates that WGO is not in any danger for bankruptcy at the moment.
WGO has a better Altman-Z score (3.69) than 87.80% of its industry peers.
WGO has a debt to FCF ratio of 3.62. This is a good value and a sign of high solvency as WGO would need 3.62 years to pay back of all of its debts.
Looking at the Debt to FCF ratio, with a value of 3.62, WGO belongs to the top of the industry, outperforming 92.68% of the companies in the same industry.
WGO has a Debt/Equity ratio of 0.48. This is a healthy value indicating a solid balance between debt and equity.
With a Debt to Equity ratio value of 0.48, WGO perfoms like the industry average, outperforming 43.90% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.48 | ||
| Debt/FCF | 3.62 | ||
| Altman-Z | 3.69 |
ROIC/WACC0.6
WACC11.12%
2.3 Liquidity
WGO has a Current Ratio of 2.45. This indicates that WGO is financially healthy and has no problem in meeting its short term obligations.
With a decent Current ratio value of 2.45, WGO is doing good in the industry, outperforming 75.61% of the companies in the same industry.
WGO has a Quick Ratio of 1.35. This is a normal value and indicates that WGO is financially healthy and should not expect problems in meeting its short term obligations.
WGO has a Quick ratio of 1.35. This is in the better half of the industry: WGO outperforms 70.73% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.45 | ||
| Quick Ratio | 1.35 |
3. Growth
3.1 Past
WGO shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -48.24%.
WGO shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 19.48% yearly.
The Revenue for WGO has decreased by -22.45% in the past year. This is quite bad
WGO shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 11.60% yearly.
EPS 1Y (TTM)-48.24%
EPS 3Y43.6%
EPS 5Y19.48%
EPS Q2Q%-46.95%
Revenue 1Y (TTM)-22.45%
Revenue growth 3Y14.01%
Revenue growth 5Y11.6%
Sales Q2Q%-12.74%
3.2 Future
WGO is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 6.59% yearly.
The Revenue is expected to grow by 7.19% on average over the next years.
EPS Next Y-47.33%
EPS Next 2Y-14.55%
EPS Next 3Y1.96%
EPS Next 5Y6.59%
Revenue Next Year-14.88%
Revenue Next 2Y-3.65%
Revenue Next 3Y1.24%
Revenue Next 5Y7.19%
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 12.18, which indicates a correct valuation of WGO.
Based on the Price/Earnings ratio, WGO is valued cheaper than 80.49% of the companies in the same industry.
The average S&P500 Price/Earnings ratio is at 30.97. WGO is valued rather cheaply when compared to this.
The Price/Forward Earnings ratio is 10.24, which indicates a very decent valuation of WGO.
85.37% of the companies in the same industry are more expensive than WGO, based on the Price/Forward Earnings ratio.
Compared to an average S&P500 Price/Forward Earnings ratio of 22.29, WGO is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.18 | ||
| Fwd PE | 10.24 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, WGO is valued cheaper than 85.37% of the companies in the same industry.
92.68% of the companies in the same industry are more expensive than WGO, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 8.64 | ||
| EV/EBITDA | 8.79 |
4.3 Compensation for Growth
The excellent profitability rating of WGO may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)0.63
EPS Next 2Y-14.55%
EPS Next 3Y1.96%
5. Dividend
5.1 Amount
WGO has a Yearly Dividend Yield of 2.36%.
WGO's Dividend Yield is rather good when compared to the industry average which is at 3.74. WGO pays more dividend than 90.24% of the companies in the same industry.
WGO's Dividend Yield is comparable with the S&P500 average which is at 2.22.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.36% |
5.2 History
On average, the dividend of WGO grows each year by 22.37%, which is quite nice.
WGO has been paying a dividend for at least 10 years, so it has a reliable track record.
WGO has not decreased its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.
Dividend Growth(5Y)22.37%
Div Incr Years6
Div Non Decr Years10
5.3 Sustainability
WGO pays out 41.79% of its income as dividend. This is a bit on the high side, but may be sustainable.
The dividend of WGO is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP41.79%
EPS Next 2Y-14.55%
EPS Next 3Y1.96%
WINNEBAGO INDUSTRIES
NYSE:WGO (10/8/2024, 8:04:00 PM)
After market: 57.36 0 (0%)57.36
+0.84 (+1.49%)
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 Cap1.66B
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.36% |
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)
Avg EPS beat(16)
Revenue beat(2)
Avg Revenue beat(2)
Min 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 | 12.18 | ||
| Fwd PE | 10.24 | ||
| 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)0.63
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.54% | ||
| ROE | 6.52% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | 5.8% | ||
| PM (TTM) | 2.84% | ||
| GM | 15.44% | ||
| 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 Turnover1.25
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.48 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 2.45 | ||
| Quick Ratio | 1.35 | ||
| 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)-48.24%
EPS 3Y43.6%
EPS 5Y
EPS Q2Q%
EPS Next Y-47.33%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)-22.45%
Revenue growth 3Y14.01%
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