WINNEBAGO INDUSTRIES (WGO) Stock Fundamental Analysis
NYSE:WGO - New York Stock Exchange, Inc. - US9746371007 - Common Stock - Currency: USD
WGO gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 37 industry peers in the Automobiles industry. WGO has an average financial health and profitability rating. WGO has a correct valuation and a medium growth rate. Finally WGO also has an excellent dividend rating. With these ratings, WGO could be worth investigating further 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.
Each year in the past 5 years WGO has been profitable.
WGO had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
WGO has a better Return On Assets (-0.80%) than 70.27% of its industry peers.
WGO has a Return On Equity of -1.41%. This is in the better half of the industry: WGO outperforms 70.27% of its industry peers.
With a decent Return On Invested Capital value of 2.16%, WGO is doing good in 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 last Return On Invested Capital (2.16%) for WGO is well below the 3 year average (13.73%), which needs to be investigated, but indicates that WGO had better years and this may not be a problem.
| 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.
WGO's Operating Margin has declined in the last couple of years.
WGO has a Gross Margin of 13.13%. This is comparable to the rest of the industry: WGO outperforms 59.46% of its industry peers.
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
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so WGO is still creating some 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.
Compared to 1 year ago, WGO has a worse debt to assets ratio.
2.2 Solvency
WGO has an Altman-Z score of 3.35. This indicates that WGO is financially healthy and has little risk of bankruptcy at the moment.
WGO has a Altman-Z score of 3.35. This is amongst the best in the industry. WGO outperforms 83.78% of its industry peers.
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 70.27% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.44 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 3.35 |
ROIC/WACC0.2
WACC10.88%
2.3 Liquidity
A Current Ratio of 2.41 indicates that WGO has no problem at all paying its short term obligations.
Looking at the Current ratio, with a value of 2.41, WGO belongs to the top of the industry, outperforming 83.78% of the companies in the same industry.
A Quick Ratio of 0.89 indicates that WGO may have some problems paying its short term obligations.
WGO's Quick ratio of 0.89 is in line compared 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
The earnings per share for WGO have decreased strongly by -73.46% in the last year.
The Earnings Per Share has been decreasing by -0.86% on average over the past years.
WGO shows a decrease in Revenue. In the last year, the revenue decreased by -9.32%.
WGO shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 8.41% yearly.
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.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 26.66, the valuation of WGO can be described as expensive.
Based on the Price/Earnings ratio, WGO is valued a bit cheaper than 78.38% of the companies in the same industry.
When comparing the Price/Earnings ratio of WGO to the average of the S&P500 Index (27.30), we can say WGO is valued inline with the index average.
With a Price/Forward Earnings ratio of 9.73, 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.
When comparing the Price/Forward Earnings ratio of WGO to the average of the S&P500 Index (21.76), we can say WGO is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 26.66 | ||
| Fwd PE | 9.73 |
4.2 Price Multiples
78.38% of the companies in the same industry are more expensive than WGO, based on the Enterprise Value to EBITDA ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 13.18 |
4.3 Compensation for Growth
WGO has a very decent profitability rating, which may justify a higher PE ratio.
A more expensive valuation may be justified as WGO's earnings are expected to grow with 16.25% in the coming years.
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 4.07%, WGO is a good candidate for dividend investing.
WGO's Dividend Yield is rather good when compared to the industry average which is at 3.71. WGO pays more dividend than 91.89% of the companies in the same industry.
Compared to an average S&P500 Dividend Yield of 2.37, WGO pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.07% |
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.
WGO's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP-223.98%
EPS Next 2Y0.36%
EPS Next 3Y16.25%
33.33
-0.08 (-0.24%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupAutomobiles & Components
GICS IndustryAutomobiles
Earnings (Last)
Earnings (Next)
Inst Owners113.17%
Inst Owner Change0%
Ins Owners3.56%
Ins Owner Change0.4%
Market Cap934.24M
Analysts77.65
Price Target42.19 (26.58%)
Short Float %13.09%
Short Ratio5.54
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.07% |
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)-16.97%
EPS NQ rev (1m)-55.62%
EPS NQ rev (3m)-58.16%
EPS NY rev (1m)-32.69%
EPS NY rev (3m)-39.48%
Revenue NQ rev (1m)-10.2%
Revenue NQ rev (3m)-13.74%
Revenue NY rev (1m)-3.05%
Revenue NY rev (3m)-3.72%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 26.66 | ||
| Fwd PE | 9.73 | ||
| P/S | 0.34 | ||
| P/FCF | N/A | ||
| P/OCF | N/A | ||
| P/B | 0.77 | ||
| P/tB | 3.47 | ||
| EV/EBITDA | 13.18 |
EPS(TTM)1.25
EY3.75%
EPS(NY)3.42
Fwd EY10.27%
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 | 3.35 |
F-Score4
WACC10.88%
ROIC/WACC0.2
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%