WABASH NATIONAL CORP (WNC) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:WNC - US9295661071 - Common Stock
8.65 USD
-0.05 (-0.57%)
8.65 USD
0 (0%)
We assign a fundamental rating of 4 out of 10 to WNC. WNC was compared to 132 industry peers in the Machinery industry. WNC has only an average score on both its financial health and profitability. WNC has a expensive valuation and it also scores bad on growth. Finally WNC also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
WNC had negative earnings in the past year.
WNC had a positive operating cash flow in the past year.
In multiple years WNC reported negative net income over the last 5 years.
Of the past 5 years WNC 4 years had a positive operating cash flow.
1.2 Ratios
WNC's Return On Assets of 19.28% is amongst the best of the industry. WNC outperforms 97.73% of its industry peers.
Looking at the Return On Equity, with a value of 62.16%, WNC belongs to the top of the industry, outperforming 99.24% of the companies in the same industry.
Looking at the Return On Invested Capital, with a value of 32.32%, WNC belongs to the top of the industry, outperforming 99.24% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 19.28% | ||
| ROE | 62.16% | ||
| ROIC | 32.32% |
ROA(3y)2.06%
ROA(5y)-0.42%
ROE(3y)-26.71%
ROE(5y)-20.76%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
WNC has a better Profit Margin (15.89%) than 89.39% of its industry peers.
WNC has a Operating Margin of 22.63%. This is amongst the best in the industry. WNC outperforms 95.45% of its industry peers.
WNC has a worse Gross Margin (7.27%) than 88.64% of its industry peers.
In the last couple of years the Gross Margin of WNC has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 22.63% | ||
| PM (TTM) | 15.89% | ||
| GM | 7.27% |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y7.71%
GM growth 5Y0.61%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) well above the Cost of Capital (WACC), WNC is creating value.
The number of shares outstanding for WNC has been reduced compared to 1 year ago.
The number of shares outstanding for WNC has been reduced compared to 5 years ago.
The debt/assets ratio for WNC has been reduced compared to a year ago.
2.2 Solvency
WNC has an Altman-Z score of 2.86. This is not the best score and indicates that WNC is in the grey zone with still only limited risk for bankruptcy at the moment.
WNC has a Altman-Z score (2.86) which is in line with its industry peers.
The Debt to FCF ratio of WNC is 6.74, which is on the high side as it means it would take WNC, 6.74 years of fcf income to pay off all of its debts.
The Debt to FCF ratio of WNC (6.74) is comparable to the rest of the industry.
WNC has a Debt/Equity ratio of 1.01. This is a high value indicating a heavy dependency on external financing.
WNC's Debt to Equity ratio of 1.01 is on the low side compared to the rest of the industry. WNC is outperformed by 78.03% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.01 | ||
| Debt/FCF | 6.74 | ||
| Altman-Z | 2.86 |
ROIC/WACC3.74
WACC8.65%
2.3 Liquidity
A Current Ratio of 1.35 indicates that WNC should not have too much problems paying its short term obligations.
The Current ratio of WNC (1.35) is worse than 78.79% of its industry peers.
WNC has a Quick Ratio of 1.35. This is a bad value and indicates that WNC is not financially healthy enough and could expect problems in meeting its short term obligations.
Looking at the Quick ratio, with a value of 0.86, WNC is doing worse than 71.21% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.35 | ||
| Quick Ratio | 0.86 |
3. Growth
3.1 Past
The earnings per share for WNC have decreased strongly by -154.08% in the last year.
WNC shows a decrease in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -5.63% yearly.
The Revenue for WNC has decreased by -22.95% in the past year. This is quite bad
The Revenue has been decreasing by -3.44% on average over the past years.
EPS 1Y (TTM)-154.08%
EPS 3Y29.64%
EPS 5Y-5.63%
EPS Q2Q%-368.42%
Revenue 1Y (TTM)-22.95%
Revenue growth 3Y2.58%
Revenue growth 5Y-3.44%
Sales Q2Q%-17.77%
3.2 Future
WNC is expected to show a very negative growth in Earnings Per Share. In the coming years, the EPS will decrease by -38.12% yearly.
The Revenue is expected to decrease by -4.19% on average over the next years.
EPS Next Y-263.09%
EPS Next 2Y-38.12%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year-20.48%
Revenue Next 2Y-4.19%
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
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
The Price/Earnings Ratio is negative for WNC. In the last year negative earnings were reported.
With a Price/Forward Earnings ratio of 18.52, WNC is valued on the expensive side.
WNC's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. WNC is cheaper than 62.12% of the companies in the same industry.
WNC's Price/Forward Earnings ratio indicates a similar valuation than the S&P500 average which is at 23.13.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 18.52 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, WNC is valued cheaply inside the industry as 98.48% of the companies are valued more expensively.
WNC's Price/Free Cash Flow ratio is rather cheap when compared to the industry. WNC is cheaper than 97.73% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 5.59 | ||
| EV/EBITDA | 1.58 |
4.3 Compensation for Growth
WNC's earnings are expected to decrease with -38.12% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-38.12%
EPS Next 3YN/A
5. Dividend
5.1 Amount
WNC has a Yearly Dividend Yield of 3.85%. Purely for dividend investing, there may be better candidates out there.
WNC's Dividend Yield is rather good when compared to the industry average which is at 0.98. WNC pays more dividend than 95.45% of the companies in the same industry.
WNC's Dividend Yield is rather good when compared to the S&P500 average which is at 2.00.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.85% |
5.2 History
The dividend of WNC has a limited annual growth rate of 0.43%.
WNC has been paying a dividend for at least 10 years, so it has a reliable track record.
WNC has not decreased its dividend in the past 5 years, so it has a somewhat stable track record.
Dividend Growth(5Y)0.43%
Div Incr Years0
Div Non Decr Years5
5.3 Sustainability
WNC pays out 5.38% of its income as dividend. This is a sustainable payout ratio.
DP5.38%
EPS Next 2Y-38.12%
EPS Next 3YN/A
8.65
-0.05 (-0.57%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryMachinery
Earnings (Last)
Earnings (Next)
Inst Owners95.59%
Inst Owner Change-8.13%
Ins Owners3.75%
Ins Owner Change-0.15%
Market Cap350.50M
Revenue(TTM)1.64B
Net Income(TTM)260.30M
Analysts76.67
Price Target12.24 (41.5%)
Short Float %4.78%
Short Ratio3.31
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.85% |
Yearly Dividend0.33
Dividend Growth(5Y)0.43%
DP5.38%
Div Incr Years0
Div Non Decr Years5
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)13.05%
Min EPS beat(2)-29.31%
Max EPS beat(2)55.4%
EPS beat(4)1
Avg EPS beat(4)-67.45%
Min EPS beat(4)-179.21%
Max EPS beat(4)55.4%
EPS beat(8)3
Avg EPS beat(8)-33.27%
EPS beat(12)7
Avg EPS beat(12)-8.99%
EPS beat(16)10
Avg EPS beat(16)-0.02%
Revenue beat(2)1
Avg Revenue beat(2)1.88%
Min Revenue beat(2)-0.96%
Max Revenue beat(2)4.73%
Revenue beat(4)1
Avg Revenue beat(4)-1.07%
Min Revenue beat(4)-7.99%
Max Revenue beat(4)4.73%
Revenue beat(8)1
Avg Revenue beat(8)-3.07%
Revenue beat(12)1
Avg Revenue beat(12)-3.72%
Revenue beat(16)4
Avg Revenue beat(16)-1.73%
PT rev (1m)0%
PT rev (3m)-5.88%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-231.52%
EPS NY rev (1m)-45.39%
EPS NY rev (3m)-67.66%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-14.05%
Revenue NY rev (1m)-1.82%
Revenue NY rev (3m)-3.82%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 18.52 | ||
| P/S | 0.21 | ||
| P/FCF | 5.59 | ||
| P/OCF | 2.34 | ||
| P/B | 0.84 | ||
| P/tB | 2.25 | ||
| EV/EBITDA | 1.58 |
EPS(TTM)-1.26
EYN/A
EPS(NY)0.47
Fwd EY5.4%
FCF(TTM)1.55
FCFY17.9%
OCF(TTM)3.7
OCFY42.79%
SpS40.43
BVpS10.33
TBVpS3.85
PEG (NY)N/A
PEG (5Y)N/A
Graham NumberN/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 19.28% | ||
| ROE | 62.16% | ||
| ROCE | 41.08% | ||
| ROIC | 32.32% | ||
| ROICexc | 35.97% | ||
| ROICexgc | 53.21% | ||
| OM | 22.63% | ||
| PM (TTM) | 15.89% | ||
| GM | 7.27% | ||
| FCFM | 3.83% |
ROA(3y)2.06%
ROA(5y)-0.42%
ROE(3y)-26.71%
ROE(5y)-20.76%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y7.71%
GM growth 5Y0.61%
F-Score4
Asset Turnover1.21
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.01 | ||
| Debt/FCF | 6.74 | ||
| Debt/EBITDA | 0.98 | ||
| Cap/Depr | 144.69% | ||
| Cap/Sales | 5.33% | ||
| Interest Coverage | 18.87 | ||
| Cash Conversion | 34.79% | ||
| Profit Quality | 24.1% | ||
| Current Ratio | 1.35 | ||
| Quick Ratio | 0.86 | ||
| Altman-Z | 2.86 |
F-Score4
WACC8.65%
ROIC/WACC3.74
Cap/Depr(3y)163.11%
Cap/Depr(5y)126.37%
Cap/Sales(3y)3.48%
Cap/Sales(5y)2.9%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-154.08%
EPS 3Y29.64%
EPS 5Y-5.63%
EPS Q2Q%-368.42%
EPS Next Y-263.09%
EPS Next 2Y-38.12%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)-22.95%
Revenue growth 3Y2.58%
Revenue growth 5Y-3.44%
Sales Q2Q%-17.77%
Revenue Next Year-20.48%
Revenue Next 2Y-4.19%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y224.62%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year-122.1%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-58.92%
FCF growth 3YN/A
FCF growth 5Y-18.89%
OCF growth 1Y-41.53%
OCF growth 3YN/A
OCF growth 5Y-4.32%
WABASH NATIONAL CORP / WNC FAQ
What is the fundamental rating for WNC stock?
ChartMill assigns a fundamental rating of 4 / 10 to WNC.
What is the valuation status of WABASH NATIONAL CORP (WNC) stock?
ChartMill assigns a valuation rating of 3 / 10 to WABASH NATIONAL CORP (WNC). This can be considered as Overvalued.
How profitable is WABASH NATIONAL CORP (WNC) stock?
WABASH NATIONAL CORP (WNC) has a profitability rating of 5 / 10.
What is the expected EPS growth for WABASH NATIONAL CORP (WNC) stock?
The Earnings per Share (EPS) of WABASH NATIONAL CORP (WNC) is expected to decline by -263.09% in the next year.
Is the dividend of WABASH NATIONAL CORP sustainable?
The dividend rating of WABASH NATIONAL CORP (WNC) is 7 / 10 and the dividend payout ratio is 5.38%.