WABASH NATIONAL CORP (WNC) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:WNC - US9295661071 - Common Stock
8.44 USD
-0.19 (-2.2%)
8.44 USD
0 (0%)
We assign a fundamental rating of 4 out of 10 to WNC. WNC was compared to 130 industry peers in the Machinery industry. WNC has only an average score on both its financial health and profitability. WNC has a valuation in line with the averages, but it does not seem to be growing. WNC also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
WNC had negative earnings in the past year.
In the past year WNC had a positive cash flow from operations.
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
The Return On Assets of WNC (19.28%) is better than 98.46% of its industry peers.
With an excellent Return On Equity value of 62.16%, WNC belongs to the best of the industry, outperforming 99.23% of the companies in the same industry.
The Return On Invested Capital of WNC (32.32%) is better 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
WNC has a Profit Margin of 15.89%. This is amongst the best in the industry. WNC outperforms 91.54% of its industry peers.
Looking at the Operating Margin, with a value of 22.63%, WNC belongs to the top of the industry, outperforming 95.38% of the companies in the same industry.
Looking at the Gross Margin, with a value of 7.27%, WNC is doing worse than 90.77% of the companies in the same industry.
WNC's Gross Margin has been stable in the last couple of years.
| 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.
Compared to 1 year ago, WNC has less shares outstanding
WNC has less shares outstanding than it did 5 years ago.
WNC has a better debt/assets ratio than last year.
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 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.
WNC has a Debt to FCF ratio (6.74) which is comparable to the rest of the 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 | 2.86 |
ROIC/WACC3.76
WACC8.59%
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.
The Current ratio of WNC (1.35) is worse 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's Quick ratio of 0.86 is on the low side compared to the rest of the industry. WNC is outperformed by 71.54% 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%.
WNC shows a decrease in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -5.63% yearly.
WNC shows a very negative growth in Revenue. In the last year, the Revenue has decreased by -22.95%.
WNC shows a decrease in Revenue. Measured over the last years, the Revenue has been decreasing by -3.44% yearly.
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
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 stable: in the next years the growth will be about the same than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
WNC reported negative earnings for the last year, which makes the Price/Earnings Ratio negative.
Based on the Price/Forward Earnings ratio of 15.04, the valuation of WNC can be described as correct.
70.00% of the companies in the same industry are more expensive than WNC, based on the Price/Forward Earnings ratio.
WNC's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 36.59.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 15.04 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, WNC is valued cheaper than 98.46% of the companies in the same industry.
WNC's Price/Free Cash Flow ratio is rather cheap when compared to the industry. WNC is cheaper than 98.46% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 5.51 | ||
| EV/EBITDA | 1.59 |
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
WNC has a Yearly Dividend Yield of 3.85%.
The stock price of WNC dropped by -23.90% in the last 3 months. With lower prices the dividend yield is higher, but it may be a sign investors do not trust the long term dividend.
WNC's Dividend Yield is rather good when compared to the industry average which is at 1.90. WNC pays more dividend than 93.85% of the companies in the same industry.
Compared to an average S&P500 Dividend Yield of 2.34, 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.
As WNC did not decrease their dividend in the past 5 years, we can say the dividend looks stable.
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
8.44
-0.19 (-2.2%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryMachinery
Earnings (Last)
Earnings (Next)
Inst Owners102.6%
Inst Owner Change-8.13%
Ins Owners3.71%
Ins Owner Change-0.04%
Market Cap341.99M
Revenue(TTM)1.64B
Net Income(TTM)260.30M
Analysts76.67
Price Target12.24 (45.02%)
Short Float %4.03%
Short Ratio3.63
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)-5.88%
PT rev (3m)-5.88%
EPS NQ rev (1m)-199.02%
EPS NQ rev (3m)-231.52%
EPS NY rev (1m)0%
EPS NY rev (3m)-10.16%
Revenue NQ rev (1m)-10.04%
Revenue NQ rev (3m)-14.05%
Revenue NY rev (1m)-0.44%
Revenue NY rev (3m)-2.03%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 15.04 | ||
| P/S | 0.21 | ||
| P/FCF | 5.51 | ||
| P/OCF | 2.3 | ||
| P/B | 0.83 | ||
| P/tB | 2.21 | ||
| EV/EBITDA | 1.59 |
EPS(TTM)-1.26
EYN/A
EPS(NY)0.56
Fwd EY6.65%
FCF(TTM)1.53
FCFY18.15%
OCF(TTM)3.66
OCFY43.41%
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 | 2.86 |
F-Score4
WACC8.59%
ROIC/WACC3.76
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%.