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.
+ 1 more risk
Very undervalued with adequate balance sheet.
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's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: THO underperformed the US Auto industry which returned 4.7% over the past year.
Return vs Market: THO underperformed the US Market which returned -11.5% over the past year.
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
5 days ago | Simply Wall StDoes Thor Industries (NYSE:THO) Have A Healthy Balance Sheet?
2 weeks ago | Simply Wall StHow Does Thor Industries's (NYSE:THO) P/E Compare To Its Industry, After The Share Price Drop?
3 weeks ago | Simply Wall StWhat Does Thor Industries, Inc.'s (NYSE:THO) Share Price Indicate?
Is Thor Industries undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: THO ($42.82) is trading below our estimate of fair value ($168.98)
Significantly Below Fair Value: THO is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: THO is good value based on its PE Ratio (11.5x) compared to the Auto industry average (11.5x).
PE vs Market: THO is good value based on its PE Ratio (11.5x) compared to the US market (13x).
Price to Earnings Growth Ratio
PEG Ratio: THO is good value based on its PEG Ratio (0.4x)
Price to Book Ratio
PB vs Industry: THO is good value based on its PB Ratio (1.1x) compared to the US Auto industry average (1.9x).
How is Thor Industries forecast to perform in the next 1 to 3 years based on estimates from 8 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: THO's forecast earnings growth (28.3% per year) is above the savings rate (1.7%).
Earnings vs Market: THO's earnings (28.3% per year) are forecast to grow faster than the US market (12.3% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: THO's revenue (1.8% per year) is forecast to grow slower than the US market (7.3% per year).
High Growth Revenue: THO's revenue (1.8% 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
How has Thor Industries performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: THO has a large one-off loss of $87.2M impacting its January 31 2020 financial results.
Growing Profit Margin: THO's current net profit margins (2.3%) are lower than last year (3.2%).
Past Earnings Growth Analysis
Earnings Trend: THO's earnings have grown by 1.3% 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 (-11.3%) over the past year, making it difficult to compare to the Auto industry average (-14.5%).
Return on Equity
High ROE: THO's Return on Equity (9.6%) is considered low.
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 ($2.0B).
Debt to Equity History and Analysis
Debt Level: THO's debt to equity ratio (83.2%) is considered high.
Reducing Debt: Insufficient data to determine if THO's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: THO's debt is well covered by operating cash flow (21.5%).
Interest Coverage: THO's interest payments on its debt are well covered by EBIT (4x coverage).
Inventory Level: THO has a high level of physical assets or inventory.
Debt Coverage by Assets: THO's debt is covered by short term assets (assets are 1.2x debt).
What is Thor Industries's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: THO's dividend (3.74%) is higher than the bottom 25% of dividend payers in the US market (1.98%).
High Dividend: THO's dividend (3.74%) is low compared to the top 25% of dividend payers in the US market (5.45%).
Stability and Growth of Payments
Stable Dividend: THO's dividend payments have been volatile in the past 10 years.
Growing Dividend: THO's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (42.6%), THO's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Bob Martin (50yo)
Mr. Robert W. Martin, also known as Bob, has been the Chief Executive Officer of Thor Industries Inc. since August 1, 2013 and serves as its President. Mr. Martin served as the President and Chief Operatin ...
CEO Compensation Analysis
Compensation vs Market: Bob's total compensation ($USD9.05M) is above average for companies of similar size in the US market ($USD5.51M).
Compensation vs Earnings: Bob's compensation has been consistent with company performance over the past year.
|Co-Founder & Chairman Emeritus||0.58yr||US$1.42m||3.56% $84.2m|
|Senior VP & CFO||6.42yrs||US$2.44m||0.046% $1.1m|
|Senior Vice President of Administration & Human Resources||5.58yrs||US$1.59m||0.047% $1.1m|
|Senior VP||7.58yrs||US$2.08m||0.040% $943.6k|
|Vice President of Investor Relations||1.33yrs||no data||no data|
|Senior Director of Marketing||0.67yr||no data||no data|
|Senior Vice President of International Operations||1.08yrs||no data||0.0069% $163.8k|
|CEO & President of Airstream||14.67yrs||no data||no data|
|Senior Director of Investor Relations||no data||no data||no data|
Experienced Management: THO's management team is seasoned and experienced (6.4 years average tenure).
|Co-Founder & Chairman Emeritus||0.58yr||US$1.42m||3.56% $84.2m|
|Independent Director||9.25yrs||US$289.93k||0.034% $805.3k|
|Independent Chairman||0.58yr||US$289.93k||0.022% $526.8k|
|Independent Director||20.67yrs||US$297.43k||0.039% $910.5k|
|Independent Director||10yrs||US$287.43k||0.022% $525.2k|
|Independent Director||2.25yrs||US$269.93k||0.0023% $54.1k|
|Independent Director||5.58yrs||US$269.93k||0.0095% $225.3k|
|Independent Director||1.42yrs||US$127.50k||no data|
Experienced Board: THO's board of directors are considered experienced (5.6 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 been diluted in the past year, with total shares outstanding growing by 4.5%.
Thor Industries, Inc.'s company bio, employee growth, exchange listings and data sources
- Name: Thor Industries, Inc.
- Ticker: THO
- Exchange: NYSE
- Founded: 1980
- Industry: Automobile Manufacturers
- Sector: Automobiles
- Market Cap: US$2.364b
- Shares outstanding: 55.20m
- Website: https://www.thorindustries.com
Number of Employees
- Thor Industries, Inc.
- 601 East Beardsley Avenue
- United States
|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|
|TIV||BRSE (Berne Stock Exchange)||Yes||Common Stock||CH||CHF||Jan 1984|
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 operates in three segments: North American Towable Recreational Vehicles, North American Motorized Recreational Vehicles, and European Recreational Vehicles. The company offers travel trailers under the Airstream Classic, Globetrotter, Serenity, Flying Cloud, Caravel, Bambi, Basecamp, and Nest travel trade names, as well as Interstate and Atlas series of Class B motorhomes; and gasoline and diesel Class A and Class C motorhomes under the Four Winds, Freedom Elite, Majestic, Hurricane, Chateau, Windsport, Axis, Vegas, Tuscany, Palazzo, Aria, Quantum, Compass, Gemini, and A.C.E trade names. It also provides conventional travel trailers and fifth wheels under the Montana, Springdale, Hideout, Sprinter, Outback, Laredo, Bullet, Fuzion, Raptor, Passport, Cougar, Coleman, Kodiak, Aspen Trail, Aerolite, Voltage, Cruiser, Volante, Sunset Trail, Zinger, Landmark, Bighorn, Elkridge, Trail Runner, North Trail, Cyclone, Torque, Prowler, Wilderness, Shadow Cruiser, Fun Finder, MPG, Radiance, Stryker, Escape, Sportsmen, Connect, Venom, Durango, Sportster, Stratus, SportTrek, Sonic, Jay Flight, Jay Feather, Eagle, Pinnacle, Talon,, Autumn Ridge, Telluride, Highlander, Mesa Ridge, and Open Range trade names; and luxury fifth wheels under the RV Mobile Suites trade names. In addition, the company offers equestrian recreational vehicle products with living quarters under the trade names, such as Premiere, Ranger, Laredo, Trail Boss, and Trail Hand. Further, it provides aluminum extrusion and specialized component products to RV and other manufacturers. The company markets its recreational vehicles through independent dealers. Thor Industries, Inc. was founded in 1980 and is based in Elkhart, Indiana.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/03/28 23:55|
|End of Day Share Price||2020/03/27 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.