WINNEBAGO INDUSTRIES (WGO) Stock Fundamental Analysis
NYSE:WGO - New York Stock Exchange, Inc. - US9746371007 - Common Stock - Currency: USD
WGO gets a fundamental rating of 6 out of 10. The analysis compared the fundamentals against 38 industry peers in the Automobiles industry. WGO is in great health and has no worries on liquidiy or solvency at all, but the profibility rating is only average. WGO is not valued too expensively and it also shows a decent growth rate. 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 positive operating cash flow in the past year.
Each year in the past 5 years WGO has been profitable.
Each year in the past 5 years WGO had a positive operating cash flow.
1.2 Ratios
The Return On Assets of WGO (-0.26%) is better than 68.42% of its industry peers.
Looking at the Return On Equity, with a value of -0.47%, WGO is in the better half of the industry, outperforming 68.42% of the companies in the same industry.
WGO's Return On Invested Capital of 2.73% is fine compared to the rest of the industry. WGO outperforms 71.05% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for WGO is significantly above the industry average of 6.56%.
The 3 year average ROIC (13.73%) for WGO is well above the current ROIC(2.73%). The reason for the recent decline needs to be investigated.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -0.26% | ||
| ROE | -0.47% | ||
| ROIC | 2.73% |
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
In the last couple of years the Profit Margin of WGO has declined.
Looking at the Operating Margin, with a value of 2.29%, WGO is in the better half of the industry, outperforming 68.42% of the companies in the same industry.
WGO's Operating Margin has declined in the last couple of years.
WGO's Gross Margin of 13.52% is fine compared to the rest of the industry. WGO outperforms 60.53% of its industry peers.
In the last couple of years the Gross Margin of WGO has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 2.29% | ||
| PM (TTM) | N/A | ||
| GM | 13.52% |
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 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.
WGO has less shares outstanding than it did 5 years ago.
Compared to 1 year ago, WGO has a worse debt to assets ratio.
2.2 Solvency
WGO has an Altman-Z score of 3.27. This indicates that WGO is financially healthy and has little risk of bankruptcy at the moment.
WGO has a better Altman-Z score (3.27) than 89.47% of its industry peers.
The Debt to FCF ratio of WGO is 8.28, which is on the high side as it means it would take WGO, 8.28 years of fcf income to pay off all of its debts.
With an excellent Debt to FCF ratio value of 8.28, WGO belongs to the best of the industry, outperforming 84.21% of the companies in the same industry.
A Debt/Equity ratio of 0.44 indicates that WGO is not too dependend on debt financing.
Looking at the Debt to Equity ratio, with a value of 0.44, WGO is in the better half of the industry, outperforming 68.42% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.44 | ||
| Debt/FCF | 8.28 | ||
| Altman-Z | 3.27 |
ROIC/WACC0.25
WACC11.07%
2.3 Liquidity
A Current Ratio of 2.17 indicates that WGO has no problem at all paying its short term obligations.
WGO has a better Current ratio (2.17) than 81.58% of its industry peers.
WGO has a Quick Ratio of 2.17. This is a bad value and indicates that WGO is not financially healthy enough and could expect problems in meeting its short term obligations.
With a decent Quick ratio value of 0.94, WGO is doing good in the industry, outperforming 60.53% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.17 | ||
| Quick Ratio | 0.94 |
3. Growth
3.1 Past
WGO shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -72.50%.
The Earnings Per Share has been decreasing by -0.86% on average over the past years.
WGO shows a very negative growth in Revenue. In the last year, the Revenue has decreased by -12.29%.
The Revenue has been growing by 8.41% on average over the past years. This is quite good.
EPS 1Y (TTM)-72.5%
EPS 3Y-26.43%
EPS 5Y-0.86%
EPS Q2Q%-79.57%
Revenue 1Y (TTM)-12.29%
Revenue growth 3Y-6.43%
Revenue growth 5Y8.41%
Sales Q2Q%-11.85%
3.2 Future
Based on estimates for the next years, WGO will show a very strong growth in Earnings Per Share. The EPS will grow by 23.65% on average per year.
Based on estimates for the next years, WGO will show a small growth in Revenue. The Revenue will grow by 5.43% on average per year.
EPS Next Y-14.88%
EPS Next 2Y10.89%
EPS Next 3Y25.07%
EPS Next 5Y23.65%
Revenue Next Year-4.03%
Revenue Next 2Y2.27%
Revenue Next 3Y3.7%
Revenue Next 5Y5.43%
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
The Price/Earnings ratio is 21.94, which indicates a rather expensive current valuation of WGO.
Based on the Price/Earnings ratio, WGO is valued a bit cheaper than 78.95% of the companies in the same industry.
WGO is valuated at similar levels of the S&P average when we compare the Price/Earnings ratio to 25.91, which is the current average of the S&P500 Index.
The Price/Forward Earnings ratio is 8.24, which indicates a very decent valuation of WGO.
Compared to the rest of the industry, the Price/Forward Earnings ratio of WGO indicates a rather cheap valuation: WGO is cheaper than 81.58% of the companies listed in the same industry.
WGO's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 21.85.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 21.94 | ||
| Fwd PE | 8.24 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, WGO is valued a bit cheaper than 76.32% of the companies in the same industry.
WGO's Price/Free Cash Flow ratio is rather cheap when compared to the industry. WGO is cheaper than 92.11% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 13.36 | ||
| EV/EBITDA | 11.67 |
4.3 Compensation for Growth
The decent profitability rating of WGO may justify a higher PE ratio.
A more expensive valuation may be justified as WGO's earnings are expected to grow with 25.07% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y10.89%
EPS Next 3Y25.07%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 3.75%, WGO has a reasonable but not impressive dividend return.
Compared to an average industry Dividend Yield of 3.58, WGO pays a better dividend. On top of this WGO pays more dividend than 92.11% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 2.36, WGO pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.75% |
5.2 History
On average, the dividend of WGO grows each year by 23.63%, 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)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 around the same rate as the earnings are growing. If this keeps up the dividend growth is sustainable.
DP-664.91%
EPS Next 2Y10.89%
EPS Next 3Y25.07%
34.45
+0.11 (+0.32%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupAutomobiles & Components
GICS IndustryAutomobiles
Earnings (Last)
Earnings (Next)
Inst Owners112.84%
Inst Owner Change-3.98%
Ins Owners3.48%
Ins Owner Change0.47%
Market Cap965.63M
Analysts75.56
Price Target47.29 (37.27%)
Short Float %13.42%
Short Ratio3.77
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.75% |
Yearly Dividend1.26
Dividend Growth(5Y)23.63%
DP-664.91%
Div Incr Years6
Div Non Decr Years10
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-35.28%
Min EPS beat(2)-114.83%
Max EPS beat(2)44.27%
EPS beat(4)1
Avg EPS beat(4)-38.68%
Min EPS beat(4)-114.83%
Max EPS beat(4)44.27%
EPS beat(8)4
Avg EPS beat(8)-15.42%
EPS beat(12)8
Avg EPS beat(12)-1.29%
EPS beat(16)12
Avg EPS beat(16)5.75%
Revenue beat(2)0
Avg Revenue beat(2)-4.14%
Min Revenue beat(2)-7.86%
Max Revenue beat(2)-0.42%
Revenue beat(4)0
Avg Revenue beat(4)-2.93%
Min Revenue beat(4)-7.86%
Max Revenue beat(4)-0.42%
Revenue beat(8)1
Avg Revenue beat(8)-2.25%
Revenue beat(12)5
Avg Revenue beat(12)1.89%
Revenue beat(16)9
Avg Revenue beat(16)3.79%
PT rev (1m)-6.93%
PT rev (3m)-24.44%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-14.86%
EPS NY rev (1m)-0.62%
EPS NY rev (3m)-12.84%
Revenue NQ rev (1m)-0.01%
Revenue NQ rev (3m)-5.96%
Revenue NY rev (1m)-0.17%
Revenue NY rev (3m)-3.41%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 21.94 | ||
| Fwd PE | 8.24 | ||
| P/S | 0.35 | ||
| P/FCF | 13.36 | ||
| P/OCF | 8.55 | ||
| P/B | 0.79 | ||
| P/tB | 3.65 | ||
| EV/EBITDA | 11.67 |
EPS(TTM)1.57
EY4.56%
EPS(NY)4.18
Fwd EY12.14%
FCF(TTM)2.58
FCFY7.49%
OCF(TTM)4.03
OCFY11.69%
SpS98.21
BVpS43.39
TBVpS9.43
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -0.26% | ||
| ROE | -0.47% | ||
| ROCE | 3.46% | ||
| ROIC | 2.73% | ||
| ROICexc | 2.91% | ||
| ROICexgc | 6.6% | ||
| OM | 2.29% | ||
| PM (TTM) | N/A | ||
| GM | 13.52% | ||
| FCFM | 2.63% |
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 Turnover1.25
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.44 | ||
| Debt/FCF | 8.28 | ||
| Debt/EBITDA | 4.35 | ||
| Cap/Depr | 66.56% | ||
| Cap/Sales | 1.47% | ||
| Interest Coverage | 1.94 | ||
| Cash Conversion | 91.12% | ||
| Profit Quality | N/A | ||
| Current Ratio | 2.17 | ||
| Quick Ratio | 0.94 | ||
| Altman-Z | 3.27 |
F-Score4
WACC11.07%
ROIC/WACC0.25
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)-72.5%
EPS 3Y-26.43%
EPS 5Y-0.86%
EPS Q2Q%-79.57%
EPS Next Y-14.88%
EPS Next 2Y10.89%
EPS Next 3Y25.07%
EPS Next 5Y23.65%
Revenue 1Y (TTM)-12.29%
Revenue growth 3Y-6.43%
Revenue growth 5Y8.41%
Sales Q2Q%-11.85%
Revenue Next Year-4.03%
Revenue Next 2Y2.27%
Revenue Next 3Y3.7%
Revenue Next 5Y5.43%
EBIT growth 1Y-70.4%
EBIT growth 3Y-31.31%
EBIT growth 5Y-3.65%
EBIT Next Year6.89%
EBIT Next 3Y27.37%
EBIT Next 5Y19.38%
FCF growth 1Y-73.93%
FCF growth 3Y-19.89%
FCF growth 5Y1.26%
OCF growth 1Y-69.59%
OCF growth 3Y-15.36%
OCF growth 5Y1.47%