WINNEBAGO INDUSTRIES (WGO) Stock Fundamental Analysis
NYSE:WGO - New York Stock Exchange, Inc. - US9746371007 - Common Stock - Currency: USD
Taking everything into account, WGO scores 6 out of 10 in our fundamental rating. WGO was compared to 37 industry peers in the Automobiles industry. WGO has only an average score on both its financial health and profitability. WGO has a correct valuation and a medium growth rate. Finally WGO also has an excellent dividend rating. These ratings would make WGO suitable for dividend investing!
1. Profitability
1.1 Basic Checks
In the past year WGO was profitable.
WGO had a negative operating cash flow in the past year.
WGO had positive earnings in each of the past 5 years.
WGO had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
WGO's Return On Assets of -0.80% is fine compared to the rest of the industry. WGO outperforms 70.27% of its industry peers.
The Return On Equity of WGO (-1.41%) is better than 70.27% of its industry peers.
Looking at the Return On Invested Capital, with a value of 2.16%, WGO is in the better half of the industry, outperforming 72.97% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for WGO is significantly above the industry average of 6.62%.
The 3 year average ROIC (13.73%) for WGO is well above the current ROIC(2.16%). The reason for the recent decline needs to be investigated.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -0.8% | ||
| ROE | -1.41% | ||
| ROIC | 2.16% |
ROA(3y)8.53%
ROA(5y)8.57%
ROE(3y)15.91%
ROE(5y)16.36%
ROIC(3y)13.73%
ROIC(5y)13.49%
1.3 Margins
WGO's Profit Margin has declined in the last couple of years.
With a decent Operating Margin value of 1.81%, WGO is doing good in the industry, outperforming 70.27% of the companies in the same industry.
In the last couple of years the Operating Margin of WGO has declined.
With a Gross Margin value of 13.13%, WGO perfoms like the industry average, outperforming 59.46% of the companies in the same industry.
WGO's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 1.81% | ||
| PM (TTM) | N/A | ||
| GM | 13.13% |
OM growth 3Y-26.59%
OM growth 5Y-11.13%
PM growth 3Y-61.67%
PM growth 5Y-40.02%
GM growth 3Y-6.64%
GM growth 5Y-1.29%
2. Health
2.1 Basic Checks
WGO has a Return on Invested Capital (ROIC), which is well above the Cost of Capital (WACC), which means it is creating value.
The number of shares outstanding for WGO has been reduced compared to 1 year ago.
The number of shares outstanding for WGO has been reduced compared to 5 years ago.
The debt/assets ratio for WGO is higher compared to a year ago.
2.2 Solvency
An Altman-Z score of 3.31 indicates that WGO is not in any danger for bankruptcy at the moment.
WGO has a Altman-Z score of 3.31. This is amongst the best in the industry. WGO outperforms 86.49% of its industry peers.
A Debt/Equity ratio of 0.44 indicates that WGO is not too dependend on debt financing.
WGO has a Debt to Equity ratio of 0.44. This is in the better half of the industry: WGO outperforms 70.27% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.44 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 3.31 |
ROIC/WACC0.31
WACC6.88%
2.3 Liquidity
A Current Ratio of 2.41 indicates that WGO has no problem at all paying its short term obligations.
WGO has a Current ratio of 2.41. This is amongst the best in the industry. WGO outperforms 83.78% of its industry peers.
A Quick Ratio of 0.89 indicates that WGO may have some problems paying its short term obligations.
WGO has a Quick ratio of 0.89. This is comparable to the rest of the industry: WGO outperforms 54.05% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.41 | ||
| Quick Ratio | 0.89 |
3. Growth
3.1 Past
WGO shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -73.46%.
WGO shows a decrease in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -0.86% yearly.
WGO shows a decrease in Revenue. In the last year, the revenue decreased by -9.32%.
Measured over the past years, WGO shows a quite strong growth in Revenue. The Revenue has been growing by 8.41% on average per year.
EPS 1Y (TTM)-73.46%
EPS 3Y-26.43%
EPS 5Y-0.86%
EPS Q2Q%-28.32%
Revenue 1Y (TTM)-9.32%
Revenue growth 3Y-6.43%
Revenue growth 5Y8.41%
Sales Q2Q%-1.39%
3.2 Future
The Earnings Per Share is expected to grow by 23.08% on average over the next years. This is a very strong growth
The Revenue is expected to grow by 4.99% on average over the next years.
EPS Next Y-42.7%
EPS Next 2Y0.36%
EPS Next 3Y16.25%
EPS Next 5Y23.08%
Revenue Next Year-6.95%
Revenue Next 2Y0.25%
Revenue Next 3Y1.51%
Revenue Next 5Y4.99%
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 decreasing.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 25.22, the valuation of WGO can be described as expensive.
Based on the Price/Earnings ratio, WGO is valued a bit cheaper than the industry average as 78.38% of the companies are valued more expensively.
Compared to an average S&P500 Price/Earnings ratio of 27.45, WGO is valued at the same level.
With a Price/Forward Earnings ratio of 9.21, the valuation of WGO can be described as very reasonable.
WGO's Price/Forward Earnings ratio is rather cheap when compared to the industry. WGO is cheaper than 81.08% of the companies in the same industry.
WGO is valuated cheaply when we compare the Price/Forward Earnings ratio to 21.90, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 25.22 | ||
| Fwd PE | 9.21 |
4.2 Price Multiples
WGO's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. WGO is cheaper than 81.08% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 12.71 |
4.3 Compensation for Growth
WGO has a very decent profitability rating, which may justify a higher PE ratio.
WGO's earnings are expected to grow with 16.25% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y0.36%
EPS Next 3Y16.25%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 4.28%, WGO is a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 3.82, WGO pays a better dividend. On top of this WGO pays more dividend than 91.89% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 2.42, WGO pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.28% |
5.2 History
The dividend of WGO is nicely growing with an annual growth rate of 23.63%!
WGO has paid a dividend for at least 10 years, which is 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)23.63%
Div Incr Years6
Div Non Decr Years10
5.3 Sustainability
WGO has negative earnings and hence a negative payout ratio. The dividend may be in danger.
The dividend of WGO is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP-223.98%
EPS Next 2Y0.36%
EPS Next 3Y16.25%
31.53
-0.27 (-0.85%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupAutomobiles & Components
GICS IndustryAutomobiles
Earnings (Last)
Earnings (Next)
Inst Owners113.17%
Inst Owner Change-4.05%
Ins Owners3.56%
Ins Owner Change0.47%
Market Cap883.79M
Analysts77.65
Price Target42.19 (33.81%)
Short Float %13.09%
Short Ratio5.54
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.28% |
Yearly Dividend1.26
Dividend Growth(5Y)23.63%
DP-223.98%
Div Incr Years6
Div Non Decr Years10
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)22.75%
Min EPS beat(2)1.23%
Max EPS beat(2)44.27%
EPS beat(4)2
Avg EPS beat(4)-34.54%
Min EPS beat(4)-114.83%
Max EPS beat(4)44.27%
EPS beat(8)4
Avg EPS beat(8)-17.25%
EPS beat(12)8
Avg EPS beat(12)-4.37%
EPS beat(16)12
Avg EPS beat(16)4.53%
Revenue beat(2)0
Avg Revenue beat(2)-0.69%
Min Revenue beat(2)-0.95%
Max Revenue beat(2)-0.42%
Revenue beat(4)0
Avg Revenue beat(4)-2.49%
Min Revenue beat(4)-7.86%
Max Revenue beat(4)-0.42%
Revenue beat(8)1
Avg Revenue beat(8)-1.55%
Revenue beat(12)4
Avg Revenue beat(12)0.17%
Revenue beat(16)8
Avg Revenue beat(16)2.9%
PT rev (1m)-10.78%
PT rev (3m)-31.78%
EPS NQ rev (1m)-25.95%
EPS NQ rev (3m)-36.67%
EPS NY rev (1m)-32.69%
EPS NY rev (3m)-39.48%
Revenue NQ rev (1m)-2.28%
Revenue NQ rev (3m)-7.93%
Revenue NY rev (1m)-3.05%
Revenue NY rev (3m)-6.2%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 25.22 | ||
| Fwd PE | 9.21 | ||
| P/S | 0.32 | ||
| P/FCF | N/A | ||
| P/OCF | N/A | ||
| P/B | 0.73 | ||
| P/tB | 3.28 | ||
| EV/EBITDA | 12.71 |
EPS(TTM)1.25
EY3.96%
EPS(NY)3.42
Fwd EY10.86%
FCF(TTM)-1.86
FCFYN/A
OCF(TTM)-0.42
OCFYN/A
SpS97.82
BVpS43.38
TBVpS9.61
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -0.8% | ||
| ROE | -1.41% | ||
| ROCE | 2.73% | ||
| ROIC | 2.16% | ||
| ROICexc | 2.17% | ||
| ROICexgc | 4.55% | ||
| OM | 1.81% | ||
| PM (TTM) | N/A | ||
| GM | 13.13% | ||
| FCFM | N/A |
ROA(3y)8.53%
ROA(5y)8.57%
ROE(3y)15.91%
ROE(5y)16.36%
ROIC(3y)13.73%
ROIC(5y)13.49%
ROICexc(3y)16.2%
ROICexc(5y)16.7%
ROICexgc(3y)39.6%
ROICexgc(5y)42.33%
ROCE(3y)17.39%
ROCE(5y)17.07%
ROICexcg growth 3Y-38.91%
ROICexcg growth 5Y-16.35%
ROICexc growth 3Y-37.86%
ROICexc growth 5Y-15.23%
OM growth 3Y-26.59%
OM growth 5Y-11.13%
PM growth 3Y-61.67%
PM growth 5Y-40.02%
GM growth 3Y-6.64%
GM growth 5Y-1.29%
F-Score4
Asset Turnover1.29
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.44 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 4.86 | ||
| Cap/Depr | 65.58% | ||
| Cap/Sales | 1.47% | ||
| Interest Coverage | 1.53 | ||
| Cash Conversion | N/A | ||
| Profit Quality | N/A | ||
| Current Ratio | 2.41 | ||
| Quick Ratio | 0.89 | ||
| Altman-Z | 3.31 |
F-Score4
WACC6.88%
ROIC/WACC0.31
Cap/Depr(3y)139.38%
Cap/Depr(5y)128.21%
Cap/Sales(3y)1.89%
Cap/Sales(5y)1.66%
Profit Quality(3y)312.89%
Profit Quality(5y)278.91%
High Growth Momentum
Growth
EPS 1Y (TTM)-73.46%
EPS 3Y-26.43%
EPS 5Y-0.86%
EPS Q2Q%-28.32%
EPS Next Y-42.7%
EPS Next 2Y0.36%
EPS Next 3Y16.25%
EPS Next 5Y23.08%
Revenue 1Y (TTM)-9.32%
Revenue growth 3Y-6.43%
Revenue growth 5Y8.41%
Sales Q2Q%-1.39%
Revenue Next Year-6.95%
Revenue Next 2Y0.25%
Revenue Next 3Y1.51%
Revenue Next 5Y4.99%
EBIT growth 1Y-71.74%
EBIT growth 3Y-31.31%
EBIT growth 5Y-3.65%
EBIT Next Year5.81%
EBIT Next 3Y23.28%
EBIT Next 5Y18.9%
FCF growth 1Y-123.83%
FCF growth 3Y-19.89%
FCF growth 5Y1.26%
OCF growth 1Y-103.78%
OCF growth 3Y-15.36%
OCF growth 5Y1.47%