Wabash National Corporation

DB:WA9 Stock Report

Market Cap: €335.4m

Wabash National Valuation

Is WA9 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

3/6

Valuation Score 3/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Sales vs Peers

  • Price-To-Sales vs Industry

  • Price-To-Sales vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of WA9 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Discounted Cash Flow
Simply Wall St
€2.83
Fair Value
181.4% overvalued intrinsic discount
2
Number of Analysts

Below Fair Value: WA9 (€7.95) is trading above our estimate of fair value (€2.83)

Significantly Below Fair Value: WA9 is trading above our estimate of fair value.


Key Valuation Metric

Which metric is best to use when looking at relative valuation for WA9?

Key metric: As WA9 is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for WA9. This is calculated by dividing WA9's market cap by their current revenue.
What is WA9's PS Ratio?
PS Ratio0.2x
SalesUS$1.81b
Market CapUS$378.51m

Price to Sales Ratio vs Peers

How does WA9's PS Ratio compare to its peers?

The above table shows the PS ratio for WA9 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average2.2x
4X0 Steyr Motors
6.3x32.78%€263.1m
JST JOST Werke
0.7x12.29%€761.4m
DEZ DEUTZ
0.5x11.27%€983.1m
VOS Vossloh
1.2x7.78%€1.4b
WA9 Wabash National
0.2x7.99%€378.5m

Price-To-Sales vs Peers: WA9 is good value based on its Price-To-Sales Ratio (0.2x) compared to the peer average (2.2x).


Price to Sales Ratio vs Industry

How does WA9's PS Ratio compare vs other companies in the DE Machinery Industry?

2 CompaniesPrice / SalesEstimated GrowthMarket Cap
SF3 STS Group
0.06x1.92%US$22.86m
GRF Greiffenberger
0.06xn/aUS$4.23m
No more companies available in this PS range
WA9 0.2xIndustry Avg. 0.6xNo. of Companies9PS00.61.21.82.43+
2 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Sales vs Industry: WA9 is good value based on its Price-To-Sales Ratio (0.2x) compared to the German Machinery industry average (0.6x).


Price to Sales Ratio vs Fair Ratio

What is WA9's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

WA9 PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio0.2x
Fair PS Ratio0.3x

Price-To-Sales vs Fair Ratio: WA9 is good value based on its Price-To-Sales Ratio (0.2x) compared to the estimated Fair Price-To-Sales Ratio (0.3x).


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 WA9 forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current€7.95
€10.41
+30.96%
36.17%€14.18€6.65n/a2
May ’26€8.70
€11.29
+29.80%
41.18%€15.94€6.64n/a2
Apr ’26€10.10
€15.75
+55.90%
17.65%€18.52€12.97n/a2
Mar ’26€11.20
€17.68
+57.83%
24.32%€21.98€13.38n/a2
Feb ’26€15.00
€19.70
+31.34%
12.20%€22.10€17.30n/a2
Jan ’26€16.50
€20.66
+25.21%
16.28%€24.02€17.30n/a2
Dec ’25€18.30
€19.92
+8.84%
16.28%€23.16€16.68n/a2
Nov ’25€16.00
€19.92
+24.49%
16.28%€23.16€16.68n/a2
Oct ’25€17.20
€20.70
+20.34%
21.74%€25.20€16.20n/a2
Sep ’25€17.20
€23.49
+36.54%
9.80%€25.79€21.18n/a2
Aug ’25€19.60
€23.49
+19.82%
9.80%€25.79€21.18n/a2
Jul ’25€20.00
€24.75
+23.76%
13.21%€28.02€21.48n/a2
Jun ’25€20.00
€25.31
+26.54%
7.52%€27.78€23.15n/a3
May ’25€22.20
€25.55
+15.10%
7.52%€28.04€23.37€8.703
Apr ’25€26.80
€25.46
-4.98%
7.43%€27.61€23.01€10.103
Mar ’25€24.80
€25.68
+3.56%
7.43%€27.85€23.21€11.203
Feb ’25€23.20
€23.61
+1.78%
12.86%€27.60€20.24€15.003
Jan ’25€23.00
€22.64
-1.57%
14.24%€27.17€19.92€16.503
Dec ’24€19.80
€22.54
+13.84%
15.64%€27.41€19.19€18.303
Nov ’24€19.30
€23.36
+21.06%
15.64%€28.42€19.89€16.003
Oct ’24€20.20
€26.34
+30.38%
11.17%€30.46€23.80€17.203
Sep ’24€20.80
€28.72
+38.08%
13.12%€33.00€23.83€17.203
Aug ’24€21.20
€28.57
+34.76%
13.12%€32.82€23.71€19.603
Jul ’24€23.40
€29.21
+24.84%
11.44%€33.12€23.92€20.004
Jun ’24€22.20
€29.66
+33.61%
9.01%€33.69€25.73€20.005
May ’24€23.20
€28.69
+23.66%
10.08%€32.66€24.95€22.204
AnalystConsensusTarget
Consensus Narrative from 2 Analysts
€10.57
Fair Value
24.8% undervalued intrinsic discount
2
Number of Analysts

Analyst Forecast: Target price is more than 20% higher than the current share price, but there are not enough analysts covering the stock to determine statistical confidence in agreement.


Discover undervalued companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/05/22 23:11
End of Day Share Price 2025/05/22 00:00
Earnings2025/03/31
Annual Earnings2024/12/31

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

Wabash National Corporation is covered by 16 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Kristine KubackiAvondale Partners
Joel TissBMO Capital Markets Equity Research
Joel TissBMO Capital Markets U.S. (Historical)