company background image
WGO

Winnebago Industries NYSE:WGO Stock Report

Last Price

US$49.12

Market Cap

US$1.6b

7D

-4.2%

1Y

-27.3%

Updated

01 Jul, 2022

Data

Company Financials +
WGO fundamental analysis
Snowflake Score
Valuation5/6
Future Growth0/6
Past Performance5/6
Financial Health6/6
Dividends2/6

WGO Stock Overview

Winnebago Industries, Inc. manufactures and sells recreation vehicles and marine products primarily for use in leisure travel and outdoor recreation activities.

Winnebago Industries Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Winnebago Industries
Historical stock prices
Current Share PriceUS$49.12
52 Week HighUS$80.30
52 Week LowUS$43.05
Beta1.71
1 Month Change0.70%
3 Month Change-7.44%
1 Year Change-27.25%
3 Year Change27.98%
5 Year Change41.35%
Change since IPO1,727.72%

Recent News & Updates

Jun 30
Are Investors Undervaluing Winnebago Industries, Inc. (NYSE:WGO) By 30%?

Are Investors Undervaluing Winnebago Industries, Inc. (NYSE:WGO) By 30%?

In this article we are going to estimate the intrinsic value of Winnebago Industries, Inc. ( NYSE:WGO ) by taking the...

Jun 17
With EPS Growth And More, Winnebago Industries (NYSE:WGO) Makes An Interesting Case

With EPS Growth And More, Winnebago Industries (NYSE:WGO) Makes An Interesting Case

Investors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks...

Shareholder Returns

WGOUS AutoUS Market
7D-4.2%-8.2%-2.5%
1Y-27.3%-13.6%-21.2%

Return vs Industry: WGO underperformed the US Auto industry which returned -14.6% over the past year.

Return vs Market: WGO underperformed the US Market which returned -21.7% over the past year.

Price Volatility

Is WGO's price volatile compared to industry and market?
WGO volatility
WGO Average Weekly Movement7.4%
Auto Industry Average Movement13.3%
Market Average Movement8.1%
10% most volatile stocks in US Market16.9%
10% least volatile stocks in US Market3.2%

Stable Share Price: WGO is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 7% a week.

Volatility Over Time: WGO's weekly volatility (7%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19586,532Mike Happehttps://www.winnebagoind.com

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 six segments: Grand Design Towables, Winnebago Towables, Winnebago Motorhomes, Newmar 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, fifth wheels, folding camper trailers, and truck campers under the Winnebago and Grand Design brand names.

Winnebago Industries Fundamentals Summary

How do Winnebago Industries's earnings and revenue compare to its market cap?
WGO fundamental statistics
Market CapUS$1.56b
Earnings (TTM)US$392.11m
Revenue (TTM)US$4.81b

4.0x

P/E Ratio

0.3x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
WGO income statement (TTM)
RevenueUS$4.81b
Cost of RevenueUS$3.91b
Gross ProfitUS$906.12m
Other ExpensesUS$514.01m
EarningsUS$392.11m

Last Reported Earnings

May 28, 2022

Next Earnings Date

n/a

Earnings per share (EPS)12.35
Gross Margin18.82%
Net Profit Margin8.14%
Debt/Equity Ratio42.8%

How did WGO perform over the long term?

See historical performance and comparison

Dividends

1.5%

Current Dividend Yield

6%

Payout Ratio
We’ve recently updated our valuation analysis.

Valuation

Is WGO undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

5/6

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

  • PEG Ratio

Key Valuation Metric

Which metric is best to use when looking at relative valuation for WGO?

Other financial metrics that can be useful for relative valuation.

WGO key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue0.4x
Enterprise Value/EBITDA3x
PEG Ratio-0.2x

Price to Earnings Ratio vs Peers

How does WGO's PE Ratio compare to its peers?

WGO PE Ratio vs Peers
The above table shows the PE ratio for WGO vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average2217x
THO Thor Industries
3.8x-41.3%US$4.2b
RACE Ferrari
38.2x13.4%US$34.4b
LI Li Auto
8820.8x66.5%US$36.4b
GM General Motors
5.3x6.2%US$46.9b
WGO Winnebago Industries
4x-16.3%US$1.6b

Price-To-Earnings vs Peers: WGO is good value based on its Price-To-Earnings Ratio (4x) compared to the peer average (2217x).


Price to Earnings Ratio vs Industry

How does WGO's PE Ratio compare vs other companies in the Global Auto Industry?

Price-To-Earnings vs Industry: WGO is good value based on its Price-To-Earnings Ratio (4x) compared to the US Auto industry average (14.9x)


Price to Earnings Ratio vs Fair Ratio

What is WGO'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.

WGO PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio4x
Fair PE Ratio9.9x

Price-To-Earnings vs Fair Ratio: WGO is good value based on its Price-To-Earnings Ratio (4x) compared to the estimated Fair Price-To-Earnings Ratio (9.9x).


Share Price vs Fair Value

What is the Fair Price of WGO when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: WGO ($49.12) is trading below our estimate of fair value ($76.75)

Significantly Below Fair Value: WGO is trading below fair value by more than 20%.


Price to Earnings Growth Ratio

PEG Ratio: WGO's earnings are forecast to decline next year, so we can't calculate its PEG ratio.


Discover undervalued companies

Future Growth

How is Winnebago Industries forecast to perform in the next 1 to 3 years based on estimates from 11 analysts?

Future Growth Score

0/6

Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


-16.3%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: WGO's earnings are forecast to decline over the next 3 years (-16.3% per year).

Earnings vs Market: WGO's earnings are forecast to decline over the next 3 years (-16.3% per year).

High Growth Earnings: WGO's earnings are forecast to decline over the next 3 years.

Revenue vs Market: WGO's revenue is expected to decline over the next 3 years (-3.5% per year).

High Growth Revenue: WGO's revenue is forecast to decline over the next 3 years (-3.5% per year).


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: WGO's Return on Equity is forecast to be low in 3 years time (15.7%).


Discover growth companies

Past Performance

How has Winnebago Industries performed over the past 5 years?

Past Performance Score

5/6

Past Performance Score 5/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


35.2%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: WGO has high quality earnings.

Growing Profit Margin: WGO's current net profit margins (8.1%) are higher than last year (7.2%).


Past Earnings Growth Analysis

Earnings Trend: WGO's earnings have grown significantly by 35.2% per year over the past 5 years.

Accelerating Growth: WGO's earnings growth over the past year (63.8%) exceeds its 5-year average (35.2% per year).

Earnings vs Industry: WGO earnings growth over the past year (63.8%) underperformed the Auto industry 81%.


Return on Equity

High ROE: WGO's Return on Equity (31%) is considered high.


Discover strong past performing companies

Financial Health

How is Winnebago Industries's financial position?

Financial Health Score

6/6

Financial Health Score 6/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: WGO's short term assets ($1.1B) exceed its short term liabilities ($536.0M).

Long Term Liabilities: WGO's short term assets ($1.1B) exceed its long term liabilities ($627.3M).


Debt to Equity History and Analysis

Debt Level: WGO's net debt to equity ratio (24%) is considered satisfactory.

Reducing Debt: WGO's debt to equity ratio has reduced from 69% to 42.8% over the past 5 years.

Debt Coverage: WGO's debt is well covered by operating cash flow (61.8%).

Interest Coverage: WGO's interest payments on its debt are well covered by EBIT (14x coverage).


Balance Sheet


Discover healthy companies

Dividend

What is Winnebago Industries's current dividend yield, its reliability and sustainability?

Dividend Score

2/6

Dividend Score 2/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage


1.47%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: WGO's dividend (1.47%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.61%).

High Dividend: WGO's dividend (1.47%) is low compared to the top 25% of dividend payers in the US market (4.3%).


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 8 years.


Earnings Payout to Shareholders

Earnings Coverage: With its low payout ratio (5.6%), WGO's dividend payments are thoroughly covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its low cash payout ratio (9.1%), WGO's dividend payments are thoroughly covered by cash flows.


Discover strong dividend paying companies

Management

How experienced are the management team and are they aligned to shareholders interests?

3.4yrs

Average management tenure


CEO

Mike Happe (51 yo)

6.42yrs

Tenure

US$6,649,186

Compensation

Mr. Michael J. Happe, also known as Mike, has been the Chief Executive Officer of Winnebago Industries, Inc. since January 18, 2016 and serves as its President since January 1, 2016. He is an Independent D...


CEO Compensation Analysis

Compensation vs Market: Mike's total compensation ($USD6.65M) is about average for companies of similar size in the US market ($USD5.57M).

Compensation vs Earnings: Mike's compensation has increased by more than 20% in the past year.


Leadership Team

Experienced Management: WGO's management team is considered experienced (3.4 years average tenure).


Board Members

Experienced Board: WGO's board of directors are considered experienced (5.3 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

Winnebago Industries, Inc.'s employee growth, exchange listings and data sources


Key Information

  • Name: Winnebago Industries, Inc.
  • Ticker: WGO
  • Exchange: NYSE
  • Founded: 1958
  • Industry: Automobile Manufacturers
  • Sector: Automobiles
  • Implied Market Cap: US$1.560b
  • Shares outstanding: 31.75m
  • Website: https://www.winnebagoind.com

Number of Employees


Location

  • Winnebago Industries, Inc.
  • P.O. Box 152
  • Forest City
  • Iowa
  • 50436
  • United States

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/07/01 00:00
End of Day Share Price2022/07/01 00:00
Earnings2022/05/28
Annual Earnings2021/08/28


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.