WABASH NATIONAL CORP (WNC) Stock Fundamental Analysis
USA - NYSE:WNC - US9295661071 - Common Stock
7.69 USD
-0.23 (-2.9%)
7.69 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. Both the profitability and the financial health of WNC get a neutral evaluation. Nothing too spectacular is happening here. 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.
The reported net income has been mixed in the past 5 years: WNC reported negative net income in multiple years.
Of the past 5 years WNC 4 years had a positive operating cash flow.
1.2 Ratios
WNC has a better Return On Assets (19.28%) than 97.69% of its industry peers.
WNC has a Return On Equity of 62.16%. This is amongst the best in the industry. WNC outperforms 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
The Profit Margin of WNC (15.89%) is better than 90.77% of its industry peers.
WNC has a Operating Margin of 22.63%. This is amongst the best in the industry. WNC outperforms 96.15% of its industry peers.
The Gross Margin of WNC (7.27%) is worse than 90.00% of its industry peers.
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
WNC has a Return on Invested Capital (ROIC), which is well above the Cost of Capital (WACC), which means it 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.
WNC has a better debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 2.84 indicates that WNC is not a great score, but indicates only limited risk for bankruptcy at the moment.
WNC has a Altman-Z score (2.84) which is in line with its industry peers.
WNC has a debt to FCF ratio of 6.74. This is a slightly negative value and a sign of low solvency as WNC would need 6.74 years to pay back of 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 45.38% 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.
The Debt to Equity ratio of WNC (1.01) is worse than 77.69% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.01 | ||
| Debt/FCF | 6.74 | ||
| Altman-Z | 2.84 |
ROIC/WACC3.71
WACC8.71%
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.
With a Current ratio value of 1.35, WNC is not doing good in the industry: 80.00% of the companies in the same industry are doing better.
A Quick Ratio of 0.86 indicates that WNC may have some problems paying its short term obligations.
Looking at the Quick ratio, with a value of 0.86, WNC is doing worse than 70.77% of the companies in the same industry.
| 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.
WNC shows a very negative growth in Revenue. In the last year, the Revenue has decreased by -22.95%.
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
The Earnings Per Share is expected to decrease by -32.19% on average over the next years. This is quite bad
Based on estimates for the next years, WNC will show a decrease in Revenue. The Revenue will decrease by -3.61% on average per year.
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.
Based on the Price/Forward Earnings ratio of 13.71, the valuation of WNC can be described as correct.
WNC's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. WNC is cheaper than 79.23% of the companies in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 22.53. WNC is valued slightly cheaper when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 13.71 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of WNC indicates a rather cheap valuation: WNC is cheaper than 98.46% of the companies listed in the same industry.
WNC's Price/Free Cash Flow ratio is rather cheap when compared to the industry. WNC is cheaper than 99.23% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 5.02 | ||
| EV/EBITDA | 1.52 |
4.3 Compensation for Growth
A cheap valuation may be justified as WNC's earnings are expected to decrease with -32.19% in the coming years.
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%.
In the last 3 months the price of WNC has falen by -22.24%. A price decline artificially increases the dividend yield. It may be a sign investors do not expect the dividend to last.
Compared to an average industry Dividend Yield of 1.81, WNC pays a better dividend. On top of this WNC pays more dividend than 93.85% of the companies listed in the same industry.
WNC's Dividend Yield is rather good when compared to the S&P500 average which is at 2.38.
| 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
7.69
-0.23 (-2.9%)
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 Cap314.83M
Revenue(TTM)1.64B
Net Income(TTM)260.30M
Analysts76.67
Price Target12.75 (65.8%)
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)-62.71%
EPS NQ rev (3m)-362.13%
EPS NY rev (1m)-15.32%
EPS NY rev (3m)-123.04%
Revenue NQ rev (1m)-2.33%
Revenue NQ rev (3m)-2.33%
Revenue NY rev (1m)-1.6%
Revenue NY rev (3m)-1.6%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 13.71 | ||
| P/S | 0.19 | ||
| P/FCF | 5.02 | ||
| P/OCF | 2.1 | ||
| P/B | 0.75 | ||
| P/tB | 2.02 | ||
| EV/EBITDA | 1.52 |
EPS(TTM)-1.26
EYN/A
EPS(NY)0.56
Fwd EY7.3%
FCF(TTM)1.53
FCFY19.93%
OCF(TTM)3.66
OCFY47.64%
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 | 2.84 |
F-Score4
WACC8.71%
ROIC/WACC3.71
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%.