WABASH NATIONAL CORP (WNC) Stock Fundamental Analysis
USA - NYSE:WNC - US9295661071 - Common Stock
7.74 USD
-0.02 (-0.26%)
7.74 USD
0 (0%)
WNC gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 130 industry peers in the Machinery industry. WNC has only an average score on both its financial health and profitability. WNC is valued correctly, but it does not seem to be growing. Finally WNC also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
In the past year WNC has reported negative net income.
WNC had a positive operating cash flow in the past year.
In multiple years WNC reported negative net income over the last 5 years.
WNC had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
WNC's Return On Assets of 19.28% is amongst the best of the industry. WNC outperforms 98.46% of its industry peers.
WNC has a better Return On Equity (62.16%) than 99.23% of its industry peers.
WNC has a better Return On Invested Capital (32.32%) than 99.23% of its industry peers.
| 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
With an excellent Profit Margin value of 15.89%, WNC belongs to the best of the industry, outperforming 90.77% of the companies in the same industry.
The Operating Margin of WNC (22.63%) is better than 96.15% of its industry peers.
Looking at the Gross Margin, with a value of 7.27%, WNC is doing worse than 90.00% of the companies in the same industry.
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.
WNC has less shares outstanding than it did 1 year ago.
The number of shares outstanding for WNC has been reduced compared to 5 years ago.
Compared to 1 year ago, WNC has an improved debt to assets ratio.
2.2 Solvency
An Altman-Z score of 2.83 indicates that WNC is not a great score, but indicates only limited risk for bankruptcy at the moment.
The Altman-Z score of WNC (2.83) is comparable to the rest of the industry.
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.
Looking at the Debt to FCF ratio, with a value of 6.74, WNC is in line with its industry, outperforming 46.15% of the companies in the same industry.
A Debt/Equity ratio of 1.01 is on the high side and indicates that WNC has dependencies on debt 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 77.69% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.01 | ||
| Debt/FCF | 6.74 | ||
| Altman-Z | 2.83 |
ROIC/WACC3.73
WACC8.66%
2.3 Liquidity
WNC has a Current Ratio of 1.35. This is a normal value and indicates that WNC is financially healthy and should not expect problems in meeting its short term obligations.
WNC has a worse Current ratio (1.35) than 80.00% of its industry peers.
A Quick Ratio of 0.86 indicates that WNC may have some problems paying its short term obligations.
WNC has a worse Quick ratio (0.86) than 70.77% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.35 | ||
| Quick Ratio | 0.86 |
3. Growth
3.1 Past
WNC shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -154.08%.
The Earnings Per Share has been decreasing by -5.63% on average over the past years.
Looking at the last year, WNC shows a very negative growth in Revenue. The Revenue has decreased by -22.95% in the last year.
Measured over the past years, WNC shows a decrease in Revenue. The Revenue has been decreasing by -3.44% on average per year.
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 -32.19% yearly.
The Revenue is expected to decrease by -3.61% on average over the next years.
EPS Next Y-212.18%
EPS Next 2Y-32.19%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year-19%
Revenue Next 2Y-3.61%
Revenue Next 3YN/A
Revenue Next 5YN/A
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 decreasing.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is stable.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings Ratio is negative for WNC. In the last year negative earnings were reported.
The Price/Forward Earnings ratio is 13.80, which indicates a correct valuation of WNC.
Compared to the rest of the industry, the Price/Forward Earnings ratio of WNC indicates a rather cheap valuation: WNC is cheaper than 80.77% of the companies listed in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 32.68, WNC is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 13.8 |
4.2 Price Multiples
WNC's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. WNC is cheaper than 98.46% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, WNC is valued cheaper than 98.46% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 5.05 | ||
| EV/EBITDA | 1.5 |
4.3 Compensation for Growth
WNC's earnings are expected to decrease with -32.19% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-32.19%
EPS Next 3YN/A
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 3.85%, WNC has a reasonable but not impressive dividend return.
In the last 3 months the price of WNC has falen by -21.74%. A price decline artificially increases the dividend yield. It may be a sign investors do not expect the dividend to last.
WNC's Dividend Yield is rather good when compared to the industry average which is at 1.83. WNC pays more dividend than 94.62% of the companies in the same industry.
Compared to an average S&P500 Dividend Yield of 2.37, WNC pays a better dividend.
| 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-32.19%
EPS Next 3YN/A
7.74
-0.02 (-0.26%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryMachinery
Earnings (Last)
Earnings (Next)
Inst Owners102.6%
Inst Owner Change-0.87%
Ins Owners3.71%
Ins Owner Change3.39%
Market Cap316.88M
Revenue(TTM)1.64B
Net Income(TTM)260.30M
Analysts76.67
Price Target12.75 (64.73%)
Short Float %4.38%
Short Ratio3.87
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)-1.96%
PT rev (3m)-1.96%
EPS NQ rev (1m)-231.52%
EPS NQ rev (3m)-1694.12%
EPS NY rev (1m)-15.32%
EPS NY rev (3m)-123.04%
Revenue NQ rev (1m)-14.05%
Revenue NQ rev (3m)-14.05%
Revenue NY rev (1m)-2.03%
Revenue NY rev (3m)-2.03%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 13.8 | ||
| P/S | 0.19 | ||
| P/FCF | 5.05 | ||
| P/OCF | 2.11 | ||
| P/B | 0.76 | ||
| P/tB | 2.03 | ||
| EV/EBITDA | 1.5 |
EPS(TTM)-1.26
EYN/A
EPS(NY)0.56
Fwd EY7.25%
FCF(TTM)1.53
FCFY19.8%
OCF(TTM)3.66
OCFY47.33%
SpS40.01
BVpS10.23
TBVpS3.81
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 | 2.83 |
F-Score4
WACC8.66%
ROIC/WACC3.73
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-212.18%
EPS Next 2Y-32.19%
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-19%
Revenue Next 2Y-3.61%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y224.62%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year-80.1%
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.
Can you provide the valuation status for WABASH NATIONAL CORP?
ChartMill assigns a valuation rating of 4 / 10 to WABASH NATIONAL CORP (WNC). This can be considered as Fairly Valued.
How profitable is WABASH NATIONAL CORP (WNC) stock?
WABASH NATIONAL CORP (WNC) has a profitability rating of 5 / 10.
What is the financial health of WABASH NATIONAL CORP (WNC) stock?
The financial health rating of WABASH NATIONAL CORP (WNC) is 4 / 10.
How sustainable is the dividend of WABASH NATIONAL CORP (WNC) stock?
The dividend rating of WABASH NATIONAL CORP (WNC) is 7 / 10 and the dividend payout ratio is 5.38%.