THOR Industries, Inc.

DB:TIV Stock Report

Market Cap: €4.7b

THOR Industries Valuation

Is TIV undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

0/6

Valuation Score 0/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of TIV when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

€88
Fair Value
2.5% overvalued intrinsic discount
12
Number of Analysts

Below Fair Value: TIV (€90.16) is trading above our estimate of fair value (€88)

Significantly Below Fair Value: TIV is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for TIV?

Key metric: As TIV is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for TIV. This is calculated by dividing TIV's market cap by their current earnings.
What is TIV's PE Ratio?
PE Ratio20.7x
EarningsUS$258.56m
Market CapUS$5.48b

Price to Earnings Ratio vs Peers

How does TIV's PE Ratio compare to its peers?

The above table shows the PE ratio for TIV vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average17.2x
P911 Dr. Ing. h.c. F. Porsche
44x36.98%€41.9b
MBG Mercedes-Benz Group
9x11.82%€56.0b
BMW Bayerische Motoren Werke
9.1x9.83%€51.5b
VOW3 Volkswagen
6.9x28.42%€47.1b
TIV THOR Industries
20.7x15.70%€5.5b

Price-To-Earnings vs Peers: TIV is expensive based on its Price-To-Earnings Ratio (20.7x) compared to the peer average (17.2x).

Price to Earnings Ratio vs Industry

How does TIV's PE Ratio compare vs other companies in the Global Auto Industry?

1 CompanyPrice / EarningsEstimated GrowthMarket Cap
TIV 20.7xIndustry Avg. 18.1xNo. of Companies21PE01632486480+
1 CompanyEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: TIV is expensive based on its Price-To-Earnings Ratio (20.7x) compared to the Global Auto industry average (17.9x).

Price to Earnings Ratio vs Fair Ratio

What is TIV's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

TIV PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio20.7x
Fair PE Ratio13x

Price-To-Earnings vs Fair Ratio: TIV is expensive based on its Price-To-Earnings Ratio (20.7x) compared to the estimated Fair Price-To-Earnings Ratio (13x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst TIV forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current€90.16
€94.24
+4.53%
12.15%€111.53€68.30n/a12
Oct ’26€87.42
€93.54
+7.00%
12.99%€109.88€67.29n/a11
Sep ’26€92.98
€76.73
-17.48%
21.29%€108.52€43.93n/a12
Aug ’26€79.22
€77.14
-2.62%
21.20%€110.35€44.67n/a12
Jul ’26€74.68
€74.71
+0.043%
21.20%€106.87€43.26n/a12
Jun ’26€71.92
€75.75
+5.32%
22.39%€110.98€44.92n/a12
May ’26€64.88
€75.04
+15.65%
21.34%€109.41€52.10n/a12
Apr ’26€69.68
€84.01
+20.57%
17.62%€116.11€59.90n/a12
Mar ’26€94.32
€103.89
+10.15%
15.13%€130.90€68.80n/a11
Feb ’26€101.25
€104.20
+2.91%
15.64%€132.40€69.58n/a11
Jan ’26€91.10
€104.65
+14.87%
15.31%€132.19€69.47n/a11
Dec ’25€104.65
€104.01
-0.61%
15.36%€129.30€75.50n/a10
Nov ’25€95.08
€99.46
+4.61%
15.30%€123.77€72.27€89.3810
Oct ’25€98.34
€99.46
+1.14%
15.30%€123.77€72.27€87.4210
Sep ’25€96.02
€95.00
-1.06%
15.76%€126.73€74.60€92.9810
Aug ’25€98.00
€97.93
-0.069%
15.48%€131.38€77.34€79.2210
Jul ’25€86.72
€97.93
+12.93%
15.48%€131.38€77.34€74.6810
Jun ’25€89.68
€99.29
+10.72%
15.17%€129.96€80.19€71.9211
May ’25€95.78
€99.53
+3.92%
15.07%€129.51€79.91€64.8811
Apr ’25€105.65
€99.53
-5.79%
15.07%€129.51€79.91€69.6811
Mar ’25€118.65
€98.49
-16.99%
18.43%€130.11€68.29€94.3211
Feb ’25€107.00
€97.22
-9.14%
17.65%€129.99€68.22€101.2511
Jan ’25€108.00
€96.42
-10.72%
17.86%€130.61€68.55€91.1011
Dec ’24€90.90
€91.51
+0.67%
19.61%€132.75€68.76€104.6511
Nov ’24€82.88
€91.51
+10.41%
19.61%€132.75€68.76€95.0811
€96.51
Fair Value
6.6% undervalued intrinsic discount
12
Number of Analysts

Analyst Forecast: Target price is less than 20% higher than the current share price.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/11/06 09:42
End of Day Share Price 2025/11/06 00:00
Earnings2025/07/31
Annual Earnings2025/07/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

THOR Industries, Inc. is covered by 22 analysts. 16 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
null nullArgus Research Company
Craig KennisonBaird
Michael AlbaneseBenchmark Company