WINNEBAGO INDUSTRIES (WGO)
US9746371007 - Common Stock
Taking everything into account, WGO scores 7 out of 10 in our fundamental rating. WGO was compared to 39 industry peers in the Automobiles industry. WGO gets an excellent profitability rating and is at the same time showing great financial health properties. WGO is valued quite cheap, but it does not seem to be growing. With these ratings, WGO could be worth investigating further for value investing!.
1. Profitability
1.1 Basic Checks
WGO had positive earnings in the past year.
In the past year WGO had a positive cash flow from operations.
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
WGO has a better Return On Assets (4.77%) than 81.58% of its industry peers.
The Return On Equity of WGO (8.76%) is better than 76.32% of its industry peers.
Looking at the Return On Invested Capital, with a value of 7.82%, WGO belongs to the top of the industry, outperforming 86.84% 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 9.76%.
The last Return On Invested Capital (7.82%) for WGO is well below the 3 year average (17.85%), which needs to be investigated, but indicates that WGO had better years and this may not be a problem.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.77% | ||
| ROE | 8.76% | ||
| ROIC | 7.82% |
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 3.70% is fine compared to the rest of the industry. WGO outperforms 76.32% of its industry peers.
In the last couple of years the Profit Margin of WGO has grown nicely.
The Operating Margin of WGO (6.77%) is better than 84.21% of its industry peers.
In the last couple of years the Operating Margin of WGO has grown nicely.
WGO's Gross Margin of 15.93% is fine compared to the rest of the industry. WGO outperforms 71.05% of its industry peers.
In the last couple of years the Gross Margin of WGO has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 6.77% | ||
| PM (TTM) | 3.7% | ||
| GM | 15.93% |
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.
The number of shares outstanding for WGO has been reduced compared to 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 3.88 indicates that WGO is not in any danger for bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 3.88, WGO belongs to the top of the industry, outperforming 81.58% of the companies in the same industry.
The Debt to FCF ratio of WGO is 3.09, which is a good value as it means it would take WGO, 3.09 years of fcf income to pay off all of its debts.
WGO has a Debt to FCF ratio of 3.09. This is amongst the best in the industry. WGO outperforms 89.47% of its industry peers.
WGO has a Debt/Equity ratio of 0.52. This is a neutral value indicating WGO is somewhat dependend on debt financing.
The Debt to Equity ratio of WGO (0.52) is worse than 63.16% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.52 | ||
| Debt/FCF | 3.09 | ||
| Altman-Z | 3.88 |
ROIC/WACC0.67
WACC11.75%
2.3 Liquidity
A Current Ratio of 2.84 indicates that WGO has no problem at all paying its short term obligations.
WGO has a better Current ratio (2.84) than 78.95% of its industry peers.
A Quick Ratio of 1.52 indicates that WGO should not have too much problems paying its short term obligations.
WGO has a Quick ratio of 1.52. This is in the better half of the industry: WGO outperforms 73.68% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.84 | ||
| Quick Ratio | 1.52 |
3. Growth
3.1 Past
The earnings per share for WGO have decreased strongly by -48.56% in the last year.
The Earnings Per Share has been growing by 19.48% on average over the past years. This is quite good.
The Revenue for WGO has decreased by -29.57% 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)-48.56%
EPS 3Y43.6%
EPS 5Y19.48%
EPS growth Q2Q-50.53%
Revenue 1Y (TTM)-29.57%
Revenue growth 3Y14.01%
Revenue growth 5Y11.6%
Revenue growth Q2Q-18.82%
3.2 Future
Based on estimates for the next years, WGO will show a small growth in Earnings Per Share. The EPS will grow by 6.31% on average per year.
Based on estimates for the next years, WGO will show a small growth in Revenue. The Revenue will grow by 7.88% on average per year.
EPS Next Y-33.46%
EPS Next 2Y-3.06%
EPS Next 3Y7.69%
EPS Next 5Y6.31%
Revenue Next Year-10.28%
Revenue Next 2Y0.69%
Revenue Next 3Y5.44%
Revenue Next 5Y7.88%
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 10.89, which indicates a very decent valuation of WGO.
Based on the Price/Earnings ratio, WGO is valued cheaper than 84.21% of the companies in the same industry.
When comparing the Price/Earnings ratio of WGO to the average of the S&P500 Index (24.80), we can say WGO is valued rather cheaply.
With a Price/Forward Earnings ratio of 8.63, the valuation of WGO can be described as very reasonable.
Based on the Price/Forward Earnings ratio, WGO is valued cheaper than 89.47% of the companies 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 21.27.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.89 | ||
| Fwd PE | 8.63 |
4.2 Price Multiples
WGO's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. WGO is cheaper than 92.11% of the companies in the same industry.
94.74% 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 | 8.09 | ||
| EV/EBITDA | 8.34 |
4.3 Compensation for Growth
The excellent profitability rating of WGO may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)0.56
EPS Next 2Y-3.06%
EPS Next 3Y7.69%
5. Dividend
5.1 Amount
WGO has a Yearly Dividend Yield of 1.89%. Purely for dividend investing, there may be better candidates out there.
WGO's Dividend Yield is rather good when compared to the industry average which is at 2.75. WGO pays more dividend than 92.11% of the companies in the same industry.
Compared to the average S&P500 Dividend Yield of 2.40, WGO is paying slightly less dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.89% |
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 in the past 5 years, so it has a somewhat stable track record.
Dividend Growth(5Y)22.37%
Div Incr Years5
Div Non Decr Years9
5.3 Sustainability
30.26% of the earnings are spent on dividend by WGO. This is a low number and sustainable payout ratio.
WGO's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP30.26%
EPS Next 2Y-3.06%
EPS Next 3Y7.69%
WINNEBAGO INDUSTRIES
NYSE:WGO (4/19/2024, 10:35:59 AM)
62.165
+0.88 (+1.44%)
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 Cap1.82B
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.89% |
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)
Max EPS beat(2)
EPS beat(4)
Avg EPS beat(4)
Min EPS beat(4)
Max EPS beat(4)
EPS beat(8)
Avg EPS beat(8)
EPS beat(12)
Avg EPS beat(12)
EPS beat(16)
Avg EPS beat(16)
Revenue beat(2)
Avg Revenue beat(2)
Min Revenue beat(2)
Max Revenue beat(2)
Revenue beat(4)
Avg Revenue beat(4)
Min Revenue beat(4)
Max Revenue beat(4)
Revenue beat(8)
Avg Revenue beat(8)
Revenue beat(12)
Avg Revenue beat(12)
Revenue beat(16)
Avg Revenue beat(16)
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 | 10.89 | ||
| Fwd PE | 8.63 | ||
| 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)0.56
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.77% | ||
| ROE | 8.76% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | 6.77% | ||
| PM (TTM) | 3.7% | ||
| GM | 15.93% | ||
| 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 Turnover1.29
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.52 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 2.84 | ||
| Quick Ratio | 1.52 | ||
| 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)
Growth
EPS 1Y (TTM)-48.56%
EPS 3Y43.6%
EPS 5Y
EPS growth Q2Q
EPS Next Y-33.46%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)-29.57%
Revenue growth 3Y14.01%
Revenue growth 5Y
Revenue growth 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