Thor Industries
Market Cap
US$5.3b
Last Updated
2020/11/24 23:36 UTC
Data Sources
Company Financials +
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
Rewards
Risk Analysis
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
| THO | Industry | Market | |
|---|---|---|---|
| 7 Day | 3.6% | 22.3% | 1.8% |
| 30 Day | 8.1% | 41.1% | 6.0% |
| 90 Day | -5.6% | 38.3% | 6.8% |
| 1 Year | 50.6%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 Year | 73.9%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
2 weeks ago | Simply Wall St
Here's What To Make Of Thor Industries' (NYSE:THO) Returns On Capital4 weeks ago | Simply Wall St
Thor Industries, Inc. (NYSE:THO) Shares Could Be 25% Below Their Intrinsic Value Estimate1 month ago | Simply Wall St
Is Thor Industries, Inc. (NYSE:THO) A Good Fit For Your Dividend Portfolio?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
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 7.25yrs | US$7.46m | 0.26% $ 13.8m | |
| Co-Founder & Chairman Emeritus | 1.25yrs | US$158.67k | 3.51% $ 185.3m | |
| Senior VP & CFO | 7.08yrs | US$3.52m | 0.065% $ 3.5m | |
| Senior Vice President of Administration & Human Resources | 6.25yrs | US$1.67m | 0.060% $ 3.2m | |
| Senior VP | 8.25yrs | US$3.11m | 0.056% $ 3.0m | |
| Vice President of Investor Relations | 2yrs | no data | no data | |
| Senior Director of Marketing | 1.33yrs | no data | no data | |
| Senior Vice President of International Operations | 1.75yrs | no data | no data | |
| Chief Innovation Officer | 0.083yr | no data | no data | |
| CEO & President of Airstream | 15.33yrs | no data | no data | |
| Senior Director of Investor Relations | no data | no data | no data | |
| Consultant | 2yrs | no data | no 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
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 7.25yrs | US$7.46m | 0.26% $ 13.8m | |
| Co-Founder & Chairman Emeritus | 1.25yrs | US$158.67k | 3.51% $ 185.3m | |
| Independent Director | 9.92yrs | US$277.32k | 0.037% $ 2.0m | |
| Independent Chairman | 1.25yrs | US$495.32k | 0.026% $ 1.4m | |
| Independent Director | 21.33yrs | US$258.66k | 0.042% $ 2.2m | |
| Independent Director | 10.67yrs | US$277.32k | 0.026% $ 1.4m | |
| Independent Director | 2.92yrs | US$258.66k | 0.0061% $ 323.3k | |
| Independent Director | 6.25yrs | US$273.99k | 0.013% $ 686.8k | |
| Independent Director | 2.08yrs | US$258.66k | 0.0035% $ 184.4k | |
| Independent Director | no data | no data | no 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
| 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. 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
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/11/24 23:36 |
| End of Day Share Price | 2020/11/24 00:00 |
| Earnings | 2020/07/31 |
| Annual Earnings | 2020/07/31 |
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.