THO Stock Overview
Thor Industries, Inc. designs, manufactures, and sells recreational vehicles (RVs), and related parts and accessories in the United States, Canada, and Europe.
Thor Industries Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||US$74.73|
|52 Week High||US$128.87|
|52 Week Low||US$66.26|
|1 Month Change||-1.63%|
|3 Month Change||-5.03%|
|1 Year Change||-35.69%|
|3 Year Change||27.79%|
|5 Year Change||-27.54%|
|Change since IPO||6,305.43%|
Recent News & Updates
Thor Industries: Resilience Is Key
A resilient U.S. consumer and cyclically low price-to-book ratio indicates now may be the time to buy Thor Industries. Thor's enduring economic moat has weathered the industry's turbulent history, but management will need to shore up the balance sheet to combat a challenging macro environment. A normalized earnings valuation points to long-term outperformance for THO shareholders, to the tune of 12% per annum.
|THO||US Auto||US Market|
Return vs Industry: THO underperformed the US Auto industry which returned -13.8% over the past year.
Return vs Market: THO underperformed the US Market which returned -20.8% over the past year.
|THO Average Weekly Movement||7.2%|
|Auto Industry Average Movement||13.4%|
|Market Average Movement||8.0%|
|10% most volatile stocks in US Market||16.8%|
|10% least volatile stocks in US Market||3.2%|
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.
About the Company
Thor Industries, Inc. designs, manufactures, and sells recreational vehicles (RVs), and related parts and accessories in the United States, Canada, and Europe. The company offers travel trailers; gasoline and diesel Class A, Class B, and Class C motorhomes; conventional travel trailers and fifth wheels; luxury fifth wheels; and motorcaravans, caravans, campervans, and urban vehicles. It also provides aluminum extrusion and specialized component products to RV and other manufacturers; and digital products and services for RVs.
Thor Industries Fundamentals Summary
|THO fundamental statistics|
Is THO overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|THO income statement (TTM)|
|Cost of Revenue||US$13.35b|
Last Reported Earnings
Apr 30, 2022
Next Earnings Date
|Earnings per share (EPS)||19.94|
|Net Profit Margin||6.76%|
How did THO perform over the long term?See historical performance and comparison
2.3%Current Dividend Yield
Does THO pay a reliable dividends?See THO dividend history and benchmarks
|Thor Industries dividend dates|
|Ex Dividend Date||Jul 01 2022|
|Dividend Pay Date||Jul 19 2022|
|Days until Ex dividend||1 day|
|Days until Dividend pay date||17 days|
Does THO pay a reliable dividends?See THO dividend history and benchmarks
Is THO undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score 5/6
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Key Valuation Metric
Which metric is best to use when looking at relative valuation for THO?
Other financial metrics that can be useful for relative valuation.
|What is THO's n/a Ratio?|
Price to Earnings Ratio vs Peers
How does THO's PE Ratio compare to its peers?
|THO PE Ratio vs Peers|
|Company||PE||Estimated Growth||Market Cap|
WGO Winnebago Industries
LI Li Auto
GM General Motors
THO Thor Industries
Price-To-Earnings vs Peers: THO is good value based on its Price-To-Earnings Ratio (3.7x) compared to the peer average (2251.9x).
Price to Earnings Ratio vs Industry
How does THO's PE Ratio compare vs other companies in the Global Auto Industry?
Price-To-Earnings vs Industry: THO is good value based on its Price-To-Earnings Ratio (3.7x) compared to the US Auto industry average (14.9x)
Price to Earnings Ratio vs Fair Ratio
What is THO'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.
|Current PE Ratio||3.7x|
|Fair PE Ratio||7.8x|
Price-To-Earnings vs Fair Ratio: THO is good value based on its Price-To-Earnings Ratio (3.7x) compared to the estimated Fair Price-To-Earnings Ratio (7.8x).
Share Price vs Fair Value
What is the Fair Price of THO when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: THO ($74.73) is trading below our estimate of fair value ($96.98)
Significantly Below Fair Value: THO is trading below fair value by more than 20%.
Price to Earnings Growth Ratio
PEG Ratio: THO's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
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How is Thor Industries forecast to perform in the next 1 to 3 years based on estimates from 11 analysts?
Future Growth Score0/6
Future Growth Score 0/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: THO's earnings are forecast to decline over the next 3 years (-41.3% per year).
Earnings vs Market: THO's earnings are forecast to decline over the next 3 years (-41.3% per year).
High Growth Earnings: THO's earnings are forecast to decline over the next 3 years.
Revenue vs Market: THO's revenue is expected to decline over the next 3 years (-17.1% per year).
High Growth Revenue: THO's revenue is forecast to decline over the next 3 years (-17.1% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: THO's Return on Equity is forecast to be low in 3 years time (10.5%).
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How has Thor Industries performed over the past 5 years?
Past Performance Score6/6
Past Performance Score 6/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: THO has high quality earnings.
Growing Profit Margin: THO's current net profit margins (6.8%) are higher than last year (5%).
Past Earnings Growth Analysis
Earnings Trend: THO's earnings have grown significantly by 21.5% per year over the past 5 years.
Accelerating Growth: THO's earnings growth over the past year (98.1%) exceeds its 5-year average (21.5% per year).
Earnings vs Industry: THO earnings growth over the past year (98.1%) exceeded the Auto industry 81%.
Return on Equity
High ROE: THO's Return on Equity (31.6%) is considered high.
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How is Thor Industries's financial position?
Financial Health Score4/6
Financial Health Score 4/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: THO's short term assets ($3.4B) exceed its short term liabilities ($2.0B).
Long Term Liabilities: THO's short term assets ($3.4B) exceed its long term liabilities ($2.3B).
Debt to Equity History and Analysis
Debt Level: THO's net debt to equity ratio (48.4%) is considered high.
Reducing Debt: THO's debt to equity ratio has increased from 19.9% to 58% over the past 5 years.
Debt Coverage: THO's debt is well covered by operating cash flow (49.6%).
Interest Coverage: THO's interest payments on its debt are well covered by EBIT (17.2x coverage).
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What is Thor Industries's current dividend yield, its reliability and sustainability?
Dividend Score 4/6
Future Dividend Coverage
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: THO's dividend (2.3%) is higher than the bottom 25% of dividend payers in the US market (1.6%).
High Dividend: THO's dividend (2.3%) is low compared to the top 25% of dividend payers in the US market (4.3%).
Stability and Growth of Payments
Stable Dividend: THO's dividend payments have been volatile in the past 10 years.
Growing Dividend: THO's dividend payments have increased over the past 10 years.
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (8.6%), THO's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (12.2%), THO's dividend payments are thoroughly covered by cash flows.
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How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Bob Martin (52 yo)
Mr. Robert W. Martin, also known as Bob, has been the Chief Executive Officer of Thor Industries Inc. since August 1, 2013 and serves as its President. Mr. Martin served as the President and Chief Operatin...
CEO Compensation Analysis
Compensation vs Market: Bob's total compensation ($USD19.09M) is above average for companies of similar size in the US market ($USD6.89M).
Compensation vs Earnings: Bob's compensation has increased by more than 20% in the past year.
Experienced Management: THO's management team is considered experienced (3.6 years average tenure).
Experienced Board: THO's board of directors are considered experienced (6.2 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: THO insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Thor Industries, Inc.'s employee growth, exchange listings and data sources
- Name: Thor Industries, Inc.
- Ticker: THO
- Exchange: NYSE
- Founded: 1980
- Industry: Automobile Manufacturers
- Sector: Automobiles
- Implied Market Cap: US$4.075b
- Shares outstanding: 54.53m
- Website: https://www.thorindustries.com
Number of Employees
- Thor Industries, Inc.
- 601 East Beardsley Avenue
- United States
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/06/30 00:00|
|End of Day Share Price||2022/06/30 00:00|
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.