Winnebago Industries
Market Cap
US$1.2b
Last Updated
2020/04/10 00:22 UTC
Data Sources
Company Financials +
Executive Summary
Winnebago Industries, Inc. manufactures and sells recreation vehicles and marine products primarily for use in leisure travel and outdoor recreation activities.
Rewards
Risk Analysis
Snowflake Analysis
Very undervalued with reasonable growth potential.
Similar Companies
Share Price & News
How has Winnebago Industries's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: WGO's share price has been volatile over the past 3 months.
Market Performance
7 Day Return
29.9%
WGO
20.4%
US Auto
9.4%
US Market
1 Year Return
2.2%
WGO
5.9%
US Auto
-6.8%
US Market
Return vs Industry: WGO underperformed the US Auto industry which returned 3.5% over the past year.
Return vs Market: WGO exceeded the US Market which returned -8.1% over the past year.
Shareholder returns
| WGO | Industry | Market | |
|---|---|---|---|
| 7 Day | 29.9% | 20.4% | 9.4% |
| 30 Day | -2.0% | -11.9% | -3.9% |
| 90 Day | -31.8% | -12.2% | -16.5% |
| 1 Year | 3.0%2.2% | 9.1%5.9% | -4.8%-6.8% |
| 3 Year | 46.0%41.7% | 18.2%8.3% | 23.4%15.2% |
| 5 Year | 80.9%68.9% | 16.8%-3.0% | 41.3%25.7% |
Price Volatility Vs. Market
How volatile is Winnebago Industries's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 year ago | Simply Wall St
Does Market Volatility Impact Winnebago Industries Inc's (NYSE:WGO) Share Price?1 year ago | Simply Wall St
Winnebago Industries Inc (NYSE:WGO): Why Return On Capital Employed Is Important1 year ago | Simply Wall St
Is Winnebago Industries Inc's (NYSE:WGO) CEO Pay Fair?Valuation
Is Winnebago 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
Below Fair Value: WGO ($35.77) is trading below our estimate of fair value ($76.9)
Significantly Below Fair Value: WGO is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: WGO is good value based on its PE Ratio (11.6x) compared to the Auto industry average (11.8x).
PE vs Market: WGO is good value based on its PE Ratio (11.6x) compared to the US market (13.3x).
Price to Earnings Growth Ratio
PEG Ratio: WGO is good value based on its PEG Ratio (0.4x)
Price to Book Ratio
PB vs Industry: WGO is good value based on its PB Ratio (1.5x) compared to the US Auto industry average (2.2x).
Next Steps
Future Growth
How is Winnebago Industries forecast to perform in the next 1 to 3 years based on estimates from 9 analysts?
31.7%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: WGO's forecast earnings growth (31.7% per year) is above the savings rate (1.7%).
Earnings vs Market: WGO's earnings (31.7% per year) are forecast to grow faster than the US market (13.3% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: WGO's revenue (11.6% per year) is forecast to grow faster than the US market (6.9% per year).
High Growth Revenue: WGO's revenue (11.6% 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 WGO's Return on Equity is forecast to be high in 3 years time
Next Steps
Past Performance
How has Winnebago Industries performed over the past 5 years?
23.7%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: WGO has high quality earnings.
Growing Profit Margin: WGO's current net profit margins (4.4%) are lower than last year (5.3%).
Past Earnings Growth Analysis
Earnings Trend: WGO's earnings have grown significantly by 23.7% per year over the past 5 years.
Accelerating Growth: WGO's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: WGO had negative earnings growth (-6.5%) over the past year, making it difficult to compare to the Auto industry average (-14.5%).
Return on Equity
High ROE: WGO's Return on Equity (12.4%) is considered low.
Next Steps
Financial Health
How is Winnebago Industries's financial position?
Financial Position Analysis
Short Term Liabilities: WGO's short term assets ($564.1M) exceed its short term liabilities ($250.6M).
Long Term Liabilities: WGO's short term assets ($564.1M) exceed its long term liabilities ($519.8M).
Debt to Equity History and Analysis
Debt Level: WGO's debt to equity ratio (58%) is considered high.
Reducing Debt: Insufficient data to determine if WGO's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: WGO's debt is well covered by operating cash flow (43.2%).
Interest Coverage: WGO's interest payments on its debt are well covered by EBIT (6.9x coverage).
Balance Sheet
Next Steps
Dividend
What is Winnebago Industries's current dividend yield, its reliability and sustainability?
1.23%
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: WGO's dividend (1.23%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.89%).
High Dividend: WGO's dividend (1.23%) is low compared to the top 25% of dividend payers in the US market (5.26%).
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, WGO has been paying a dividend for less than 10 years.
Growing Dividend: WGO's dividend payments have increased, but the company has only paid a dividend for 5 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (14.2%), WGO's dividend payments are thoroughly 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.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
3.6yrs
Average management tenure
CEO
Mike Happe (48yo)
4.25s
Tenure
US$2,775,830
Compensation
Mr. Michael J. Happe, also known as Mike, has been the Chief Executive Officer and President of Winnebago Industries, Inc. since January 18, 2016. Prior to joining Winnebago, he had been employed by The To ...
CEO Compensation Analysis
Compensation vs Market: Mike's total compensation ($USD2.78M) is below average for companies of similar size in the US market ($USD4.69M).
Compensation vs Earnings: Mike's compensation has been consistent with company performance over the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, President & Director | 4.25yrs | US$2.78m | 0.16% $1.9m | |
| CFO, VP of Finance | 2.92yrs | US$1.12m | 0.056% $670.2k | |
| VP, General Counsel & Corporate Secretary | 2.25yrs | US$968.30k | 0.013% $160.2k | |
| President of Grand Design & VP | no data | US$5.56m | 2.27% $27.3m | |
| VP & GM of Motorhome Business Unit | 3.67yrs | US$1.09m | 0.045% $548.2k | |
| Vice President of Operations | 3.58yrs | no data | 0.030% $358.6k | |
| Vice President of Administration | 5.25yrs | no data | 0.075% $905.4k | |
| Director of Investor Relations & Financial Planning and Analysis | no data | no data | no data | |
| President of Chris-Craft | 1.25yrs | no data | no data | |
| VP & GM of Towables Business | 3.83yrs | US$1.24m | 0.082% $990.5k |
3.6yrs
Average Tenure
52yo
Average Age
Experienced Management: WGO's management team is considered experienced (3.6 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, President & Director | 4.25yrs | US$2.78m | 0.16% $1.9m | |
| Independent Director | 3yrs | US$175.01k | 0.020% $244.6k | |
| Independent Director | 11.5yrs | US$201.67k | 0.082% $990.7k | |
| Independent Director | 3.17yrs | US$180.01k | 0.024% $291.1k | |
| Independent Director | 4.33yrs | US$170.01k | 0.044% $527.1k | |
| Director | 0.33yr | no data | no data | |
| Independent Director | 4.92yrs | US$175.01k | 0.059% $706.0k | |
| Independent Chairman of the Board | 0.83yr | US$182.30k | 0.029% $348.3k | |
| Independent Director | 1.58yrs | US$166.26k | 0.0089% $107.2k |
3.2yrs
Average Tenure
60yo
Average Age
Experienced Board: WGO's board of directors are considered experienced (3.2 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: WGO insiders have sold more shares than they have bought 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
Winnebago Industries, Inc.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Winnebago Industries, Inc.
- Ticker: WGO
- Exchange: NYSE
- Founded: 1958
- Industry: Automobile Manufacturers
- Sector: Automobiles
- Market Cap: US$1.205b
- Shares outstanding: 33.70m
- Website: https://www.winnebagoind.com
Number of Employees
Location
- Winnebago Industries, Inc.
- P.O. Box 152
- Forest City
- Iowa
- 50436
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| WGO | NYSE (New York Stock Exchange) | Yes | Common Stock | US | USD | Jan 1969 |
| WI1 | DB (Deutsche Boerse AG) | Yes | Common Stock | DE | EUR | Jan 1969 |
| WI1 | BRSE (Berne Stock Exchange) | Yes | Common Stock | CH | CHF | Jan 1969 |
Biography
Winnebago Industries, Inc. manufactures and sells recreation vehicles and marine products primarily for use in leisure travel and outdoor recreation activities. The company operates in five segments: Grand Design Towables, Winnebago Towables, Winnebago Motorhomes, Chris-Craft Marine, and Winnebago Specialty Vehicles. It provides towable products that are non-motorized vehicles to be towed by automobiles, pickup trucks, SUVs, or vans for use as temporary living quarters for recreational travel, such as conventional travel trailers and fifth wheels under the Winnebago and Grand Design brand names; and other outdoor lifestyle products under the Chris-Craft brand name. The company also offers motorhomes, which are self-propelled mobile dwellings used primarily as temporary living quarters during vacation and camping trips, or to support active and mobile lifestyles under the Winnebago brand name. In addition, it offers other specialty commercial vehicles for law enforcement command centers, mobile medical clinics, and mobile office spaces; commercial vehicles as bare shells to third-party up fitters; and boats in the recreational powerboat industry. Further, the company is involved in the original equipment manufacturing of parts for other manufacturers and commercial vehicles. The company sells its products primarily through independent dealers in the United States and Canada. Winnebago Industries, Inc. was founded in 1958 and is based in Forest City, Iowa.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/04/10 00:22 |
| End of Day Share Price | 2020/04/09 00:00 |
| Earnings | 2020/02/29 |
| Annual Earnings | 2019/08/31 |
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.