Thor Industries
Market Cap
US$3.2b
Last Updated
2019/10/19 23:41 UTC
Data Sources
Company Financials +
Executive Summary
Thor Industries, Inc., through its subsidiaries, designs, manufactures, and sells recreational vehicles (RVs), and related parts and accessories primarily in the United States, Canada, and Europe.
Snowflake
Fundamentals
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
Market Performance
7 Day Return
8.1%
THO
3.3%
US Auto
0.4%
US Market
1 Year Return
-22.5%
THO
10.0%
US Auto
6.9%
US Market
Return vs Industry: THO underperformed the US Auto industry which returned 10% over the past year.
Return vs Market: THO underperformed the US Market which returned 6.9% over the past year.
Shareholder returns
| THO | Industry | Market | |
|---|---|---|---|
| 7 Day | 8.1% | 3.3% | 0.4% |
| 30 Day | 8.3% | 1.9% | -1.1% |
| 90 Day | -0.2% | -5.5% | -0.5% |
| 1 Year | -20.5%-22.5% | 13.2%10.0% | 9.3%6.9% |
| 3 Year | -25.3%-28.9% | 24.7%12.9% | 45.8%36.4% |
| 5 Year | 24.1%13.8% | 11.6%-5.5% | 62.9%45.1% |
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
1 day ago | Simply Wall St
Interested In Thor Industries, Inc. (NYSE:THO)’s Upcoming 0.7% Dividend? You Have 4 Days Left1 week ago | Simply Wall St
These Factors Make Thor Industries, Inc. (NYSE:THO) An Interesting Investment2 weeks ago | Simply Wall St
Imagine Owning Thor Industries (NYSE:THO) And Wondering If The 42% Share Price Slide Is JustifiedValuation
Is Thor Industries undervalued compared to its fair value and its price relative to the market?
>50%
Undervalued compared to fair value
Share Price vs. Fair Value
Undervalued: THO ($58.22) is trading below our estimate of fair value ($192.33)
Significantly Undervalued: THO is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: THO is poor value based on its PE Ratio (23.5x) compared to the Auto industry average (17x).
PE vs Market: THO is poor value based on its PE Ratio (23.5x) compared to the US market (17.6x).
Price to Earnings Growth Ratio
Low PEG Ratio: THO is good value based on its PEG Ratio (0.6x)
Price to Book Ratio
PB vs Industry: THO is good value based on its PB Ratio (1.5x) compared to the US Auto industry average (3.1x).
Next Steps
Future Growth
How is Thor Industries forecast to perform in the next 1 to 3 years based on estimates from 10 analysts?
40.2%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: THO's forecast earnings growth (40.2% per year) is above the savings rate (2.7%).
Earnings vs Market: THO's earnings (40.2% per year) are forecast to grow faster than the US market (14.6% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: THO's revenue (7.5% per year) is forecast to grow faster than the US market (7.2% per year).
High Growth Revenue: THO's revenue (7.5% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
High Future ROE: THO's Return on Equity is forecast to be low in 3 years time (15.1%).
Next Steps
Past Performance
How has Thor Industries performed over the past 5 years?
8.6%
Historical annual earnings growth
Earnings and Revenue History
Past Earnings Growth Analysis
Earnings Trend: THO's earnings have grown by 8.6% per year over the past 5 years.
Accelerating Growth: THO's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: THO had negative earnings growth (-69%) over the past year, making it difficult to compare to the Auto industry average (-11.3%).
Return on Equity
High ROE: THO's Return on Equity (6.3%) is considered low.
Return on Assets
ROA vs Industry: THO's Return on Assets is below or equal to the Auto industry average last year.
Return on Capital Employed
ROCE Improving: THO's Return on Capital Employed has declined over the past 3 years.
Next Steps
Financial Health
How is Thor Industries's financial position?
Financial Position Analysis
Short Term Liabilities: THO's short term assets ($2.0B) exceeds its short term liabilities ($1.4B)
Long Term Liabilities: THO's short term assets (2.0B) do not cover its long term liabilities (2.1B)
Debt to Equity History and Analysis
Debt Level: THO's debt to equity ratio (90.8%) 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 (26.7%).
Interest Coverage: THO's interest payments on its debt are well covered by EBIT (7x coverage).
Balance Sheet
Inventory Level: THO has a high level of physical assets or inventory.
Debt Coverage by Assets: THO's debt is covered by short term assets (assets are 1.070810x debt).
Next Steps
Dividend
What is Thor Industries's current dividend yield, its reliability and sustainability?
2.75%
Current Dividend Yield
Upcoming Dividend Payment
Purchase Thor Industries before the 'Buy Limit' to receive their next dividend payment.
Dividend Yield vs Market
Current dividend yield vs market & industry
Stability and Growth of Payments
Notable Dividend: THO's dividend (2.75%) is higher than the bottom 25% of dividend payers in the US market (1.45%).
High Dividend: THO's dividend (2.75%) is low compared to the top 25% of dividend payers in the US market (3.73%).
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 reasonable payout ratio (63.1%), THO's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: THO's dividends in 3 years are forecast to be well covered by earnings (21.5% payout ratio).
Next Steps
Management
What is the CEO of Thor Industries's salary, the management and board of directors tenure and is there insider trading?
6.0yrs
Average management tenure
CEO
Bob Martin (50yo)
6.2yrs
Tenure
US$14,993,153
Compensation
Mr. Robert W. Martin, also known as Bob, has been the Chief Executive Officer of Thor Industries Inc. since August 1, 2013 and serves as its President. Mr. Martin served as the President and Chief Operatin ...
CEO Compensation Analysis
Compensation vs. Market: Bob's total compensation ($USD14.99M) is above average for companies of similar size in the US market ($USD5.11M).
Compensation vs Earnings: Bob's compensation has been consistent with company performance over the past year.
Management Age and Tenure
6.0yrs
Average Tenure
52.5yo
Average Age
Experienced Management: THO's management team is seasoned and experienced (6 years average tenure).
Board Age and Tenure
5.2yrs
Average Tenure
60yo
Average Age
Experienced Board: THO's board of directors are considered experienced (5.2 years average tenure).
Insider Trading
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
| Entity | Individual |
| Role | Member of the Board of Directors Independent Director |
| Shares | 3,545 |
| Max Price | US$57.23 |
| Entity | Individual |
| Role | Member of the Board of Directors Independent Director |
| Shares | 2,000 |
| Max Price | US$59.17 |
| Entity | Individual |
| Role | Member of the Board of Directors Independent Director |
| Shares | 2,000 |
| Max Price | US$58.62 |
Ownership Breakdown
Management Team
Peter Orthwein (74yo)
Co-Founder & Chairman Emeritus
- Tenure: 0.3yrs
- Compensation: US$2.08m
Mark Trinske
Vice President of Investor Relations
- Tenure: 0.9yrs
Colleen Zuhl (53yo)
Senior VP & CFO
- Tenure: 6yrs
- Compensation: US$3.77m
Bob Wheeler
CEO & President of Airstream
- Tenure: 14.3yrs
W. Woelfer (52yo)
Senior VP
- Tenure: 7.2yrs
- Compensation: US$3.13m
Bruce Byots (61yo)
Senior Director of Investor Relations
- Tenure: 0yrs
Bob Martin (50yo)
President
- Tenure: 6.2yrs
- Compensation: US$14.99m
Ken Julian (52yo)
Senior Vice President of Administration & Human Resources
- Tenure: 5.2yrs
- Compensation: US$2.37m
Troy James
Senior Vice President of International Operations
- Tenure: 0.7yrs
Renee Jones
Senior Director of Marketing
- Tenure: 0.3yrs
Board Members
Jim Ziemer (69yo)
Independent Director
- Tenure: 8.8yrs
- Compensation: US$318.36k
Peter Orthwein (74yo)
Co-Founder & Chairman Emeritus
- Tenure: 0.3yrs
- Compensation: US$2.08m
Andrew Graves (60yo)
Independent Chairman
- Tenure: 0.2yrs
- Compensation: US$308.36k
Jan Suwinski (78yo)
Independent Director
- Tenure: 20.3yrs
- Compensation: US$328.36k
J. Kosowsky (71yo)
Independent Director
- Tenure: 9.6yrs
- Compensation: US$308.36k
Chris Klein (55yo)
Independent Director
- Tenure: 1.8yrs
- Compensation: US$85.00k
Wilson Jones (58yo)
Independent Director
- Tenure: 5.2yrs
- Compensation: US$298.36k
Amelia Huntington (53yo)
Independent Director
- Tenure: 1yrs
Bob Martin (50yo)
President
- Tenure: 6.2yrs
- Compensation: US$14.99m
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$3.206b
- Shares outstanding: 55.06m
- Website: https://www.thorindustries.com
Number of Employees
Location
- Thor Industries, Inc.
- 601 East Beardsley Avenue
- Elkhart
- Indiana
- 46514
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| THO | NYSE (New York Stock Exchange) | Yes | Common Stock | US | USD | Jan 1984 |
| TIV | DB (Deutsche Boerse AG) | Yes | Common Stock | DE | EUR | Jan 1984 |
| 0LF8 | LSE (London Stock Exchange) | Yes | Common Stock | GB | USD | Jan 1984 |
Biography
Thor Industries, Inc., through its subsidiaries, designs, manufactures, and sells recreational vehicles (RVs), and related parts and accessories primarily in the United States, Canada, and Europe. It opera ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2019/10/19 23:41 |
| End of Day Share Price | 2019/10/18 00:00 |
| Earnings | 2019/07/31 |
| Annual Earnings | 2019/07/31 |
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.