NYSE:THO

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Executive Summary

Thor Industries, Inc. designs, manufactures, and sells recreational vehicles (RVs), and related parts and accessories in the United States, Canada, and Europe. More Details


Snowflake Analysis

Good value with reasonable growth potential and pays a dividend.


Similar Companies

Share Price & News

How has Thor Industries's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: THO is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 7% a week.

Volatility Over Time: THO's weekly volatility (7%) has been stable over the past year.


Market Performance


7 Day Return

3.6%

THO

22.3%

US Auto

1.8%

US Market


1 Year Return

47.2%

THO

287.6%

US Auto

20.4%

US Market

Return vs Industry: THO underperformed the US Auto industry which returned 269.2% over the past year.

Return vs Market: THO exceeded the US Market which returned 19% over the past year.


Shareholder returns

THOIndustryMarket
7 Day3.6%22.3%1.8%
30 Day8.1%41.1%6.0%
90 Day-5.6%38.3%6.8%
1 Year50.6%47.2%291.9%287.6%23.2%20.4%
3 Year-34.0%-38.2%245.4%221.5%47.4%37.6%
5 Year73.9%57.9%353.8%289.9%91.9%70.8%

Long-Term Price Volatility Vs. Market

How volatile is Thor Industries's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Thor Industries undervalued compared to its fair value and its price relative to the market?

3.0%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: THO ($95.42) is trading below our estimate of fair value ($98.42)

Significantly Below Fair Value: THO is trading below fair value, but not by a significant amount.


Price To Earnings Ratio

PE vs Industry: THO is good value based on its PE Ratio (23.6x) compared to the US Auto industry average (28.7x).

PE vs Market: THO is poor value based on its PE Ratio (23.6x) compared to the US market (19.5x).


Price to Earnings Growth Ratio

PEG Ratio: THO is good value based on its PEG Ratio (0.8x)


Price to Book Ratio

PB vs Industry: THO is good value based on its PB Ratio (2.3x) compared to the US Auto industry average (8.4x).


Next Steps

Future Growth

How is Thor Industries forecast to perform in the next 1 to 3 years based on estimates from 8 analysts?

31.3%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: THO's forecast earnings growth (31.3% per year) is above the savings rate (2.2%).

Earnings vs Market: THO's earnings (31.3% per year) are forecast to grow faster than the US market (21.9% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: THO's revenue (11.4% per year) is forecast to grow faster than the US market (10.2% per year).

High Growth Revenue: THO's revenue (11.4% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if THO's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has Thor Industries performed over the past 5 years?

-4.5%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: THO has high quality earnings.

Growing Profit Margin: THO's current net profit margins (2.7%) are higher than last year (1.7%).


Past Earnings Growth Analysis

Earnings Trend: THO's earnings have declined by 4.5% per year over the past 5 years.

Accelerating Growth: THO's earnings growth over the past year (66.8%) exceeds its 5-year average (-4.5% per year).

Earnings vs Industry: THO earnings growth over the past year (66.8%) exceeded the Auto industry -36.8%.


Return on Equity

High ROE: THO's Return on Equity (9.4%) is considered low.


Next Steps

Financial Health

How is Thor Industries's financial position?


Financial Position Analysis

Short Term Liabilities: THO's short term assets ($2.1B) exceed its short term liabilities ($1.5B).

Long Term Liabilities: THO's short term assets ($2.1B) exceed its long term liabilities ($1.9B).


Debt to Equity History and Analysis

Debt Level: THO's debt to equity ratio (71.1%) is considered high.

Reducing Debt: Insufficient data to determine if THO's debt to equity ratio has reduced over the past 5 years.

Debt Coverage: THO's debt is well covered by operating cash flow (32.5%).

Interest Coverage: THO's interest payments on its debt are well covered by EBIT (3.7x coverage).


Balance Sheet


Next Steps

Dividend

What is Thor Industries's current dividend yield, its reliability and sustainability?

1.72%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: THO's dividend (1.72%) is higher than the bottom 25% of dividend payers in the US market (1.5%).

High Dividend: THO's dividend (1.72%) is low compared to the top 25% of dividend payers in the US market (4.15%).


Stability and Growth of Payments

Stable Dividend: THO's dividend payments have been volatile in the past 10 years.

Growing Dividend: THO's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (39.6%), THO's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: THO's dividends in 3 years are forecast to be well covered by earnings (21.7% payout ratio).


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

6.3yrs

Average management tenure


CEO

Bob Martin (51 yo)

7.25yrs

Tenure

US$7,458,440

Compensation

Mr. Robert W. Martin, also known as Bob, has been the Chief Executive Officer of Thor Industries Inc. since August 1, 2013 and serves as its President. Mr. Martin served as the President and Chief Operatin...


CEO Compensation Analysis

Compensation vs Market: Bob's total compensation ($USD7.46M) is about average for companies of similar size in the US market ($USD6.90M).

Compensation vs Earnings: Bob's compensation has been consistent with company performance over the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Robert Martin
President7.25yrsUS$7.46m0.26%
$ 13.8m
Peter Orthwein
Co-Founder & Chairman Emeritus1.25yrsUS$158.67k3.51%
$ 185.3m
Colleen Zuhl
Senior VP & CFO7.08yrsUS$3.52m0.065%
$ 3.5m
Kenneth Julian
Senior Vice President of Administration & Human Resources6.25yrsUS$1.67m0.060%
$ 3.2m
W. Woelfer
Senior VP8.25yrsUS$3.11m0.056%
$ 3.0m
Mark Trinske
Vice President of Investor Relations2yrsno datano data
Renee Jones
Senior Director of Marketing1.33yrsno datano data
Troy James
Senior Vice President of International Operations1.75yrsno datano data
Josef Hjelmaker
Chief Innovation Officer0.083yrno datano data
Robert Wheeler
CEO & President of Airstream15.33yrsno datano data
Bruce Byots
Senior Director of Investor Relationsno datano datano data
Jeffery Tryka
Consultant2yrsno datano data

6.3yrs

Average Tenure

53yo

Average Age

Experienced Management: THO's management team is seasoned and experienced (6.3 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Robert Martin
President7.25yrsUS$7.46m0.26%
$ 13.8m
Peter Orthwein
Co-Founder & Chairman Emeritus1.25yrsUS$158.67k3.51%
$ 185.3m
James Ziemer
Independent Director9.92yrsUS$277.32k0.037%
$ 2.0m
Andrew Graves
Independent Chairman1.25yrsUS$495.32k0.026%
$ 1.4m
Jan Suwinski
Independent Director21.33yrsUS$258.66k0.042%
$ 2.2m
J. Kosowsky
Independent Director10.67yrsUS$277.32k0.026%
$ 1.4m
Christopher Klein
Independent Director2.92yrsUS$258.66k0.0061%
$ 323.3k
Wilson Jones
Independent Director6.25yrsUS$273.99k0.013%
$ 686.8k
Amelia Huntington
Independent Director2.08yrsUS$258.66k0.0035%
$ 184.4k
William Kelley
Independent Directorno datano datano data

6.3yrs

Average Tenure

60yo

Average Age

Experienced Board: THO's board of directors are considered experienced (6.3 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Thor Industries, Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Thor Industries, Inc.
  • Ticker: THO
  • Exchange: NYSE
  • Founded: 1980
  • Industry: Automobile Manufacturers
  • Sector: Automobiles
  • Market Cap: US$5.283b
  • Shares outstanding: 55.37m
  • Website: https://www.thorindustries.com

Number of Employees


Location

  • Thor Industries, Inc.
  • 601 East Beardsley Avenue
  • Elkhart
  • Indiana
  • 46514-3305
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
THONYSE (New York Stock Exchange)YesCommon StockUSUSDJan 1984
TIVDB (Deutsche Boerse AG)YesCommon StockDEEURJan 1984
0LF8LSE (London Stock Exchange)YesCommon StockGBUSDJan 1984

Biography

Thor Industries, Inc. designs, manufactures, and sells recreational vehicles (RVs), and related parts and accessories in the United States, Canada, and Europe. It offers travel trailers under the Airstream...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/11/24 23:36
End of Day Share Price2020/11/24 00:00
Earnings2020/07/31
Annual Earnings2020/07/31


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 here.