Wabash National Corporation designs, manufactures, and distributes transportation and diversified industrial products; and provides services primarily in the United States.
Undervalued with adequate balance sheet.
Share Price & News
How has Wabash National's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: WNC has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: WNC underperformed the US Machinery industry which returned 22.4% over the past year.
Return vs Market: WNC underperformed the US Market which returned 24.7% over the past year.
Price Volatility Vs. Market
How volatile is Wabash National's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 day ago | Simply Wall StYou Have To Love Wabash National Corporation's (NYSE:WNC) Dividend
1 month ago | Simply Wall StHere's What Wabash National Corporation's (NYSE:WNC) P/E Ratio Is Telling Us
1 month ago | Simply Wall StAn Intrinsic Calculation For Wabash National Corporation (NYSE:WNC) Suggests It's 28% Undervalued
Is Wabash National 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: WNC ($13.6) is trading below our estimate of fair value ($23.19)
Significantly Below Fair Value: WNC is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: WNC is good value based on its PE Ratio (9.1x) compared to the Machinery industry average (23.4x).
PE vs Market: WNC is good value based on its PE Ratio (9.1x) compared to the US market (18.9x).
Price to Earnings Growth Ratio
PEG Ratio: WNC's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: WNC is good value based on its PB Ratio (1.4x) compared to the US Machinery industry average (2.5x).
How is Wabash National forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: WNC's earnings are forecast to decline over the next 3 years (-1.6% per year).
Earnings vs Market: WNC's earnings are forecast to decline over the next 3 years (-1.6% per year).
High Growth Earnings: WNC's earnings are forecast to decline over the next 3 years.
Revenue vs Market: WNC's revenue is expected to decline over the next 3 years (-5% per year).
High Growth Revenue: WNC's revenue is forecast to decline over the next 3 years (-5% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: WNC's Return on Equity is forecast to be low in 3 years time (16.2%).
How has Wabash National performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: WNC has high quality earnings.
Growing Profit Margin: WNC's current net profit margins (3.5%) are lower than last year (4.9%).
Past Earnings Growth Analysis
Earnings Trend: WNC's earnings have grown by 1.5% per year over the past 5 years.
Accelerating Growth: WNC's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: WNC had negative earnings growth (-22.8%) over the past year, making it difficult to compare to the Machinery industry average (9.6%).
Return on Equity
High ROE: WNC's Return on Equity (16.1%) is considered low.
Return on Assets
Return on Capital Employed
How is Wabash National's financial position?
Financial Position Analysis
Short Term Liabilities: WNC's short term assets ($621.4M) exceed its short term liabilities ($325.7M).
Long Term Liabilities: WNC's short term assets ($621.4M) exceed its long term liabilities ($537.9M).
Debt to Equity History and Analysis
Debt Level: WNC's debt to equity ratio (92.2%) is considered high.
Reducing Debt: WNC's debt to equity ratio has increased from 87.5% to 92.2% over the past 5 years.
Debt Coverage: WNC's debt is well covered by operating cash flow (27.8%).
Interest Coverage: WNC's interest payments on its debt are well covered by EBIT (5.7x coverage).
Inventory Level: WNC has a high level of physical assets or inventory.
Debt Coverage by Assets: WNC's debt is covered by short term assets (assets are 1.3x debt).
What is Wabash National's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: WNC's dividend (2.35%) is higher than the bottom 25% of dividend payers in the US market (1.4%).
High Dividend: WNC's dividend (2.35%) is low compared to the top 25% of dividend payers in the US market (3.66%).
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, WNC has been paying a dividend for less than 10 years.
Growing Dividend: WNC's dividend payments have increased, but the company has only paid a dividend for 3 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (21.3%), WNC's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
What is the CEO of Wabash National's salary, the management and board of directors tenure and is there insider trading?
Average management tenure
Brent Yeagy (48yo)
Mr. Brent L. Yeagy has been the President and Chief Executive Officer of Wabash National Corporation since October 1, 2016 and June 2, 2018 respectively. He was its Chief Operating Officer at Wabash Nation ...
CEO Compensation Analysis
Compensation vs Market: Brent's total compensation ($USD2.83M) is about average for companies of similar size in the US market ($USD2.53M).
Compensation vs Earnings: Brent's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
Management Age and Tenure
Experienced Management: WNC's management team is considered experienced (2.1 years average tenure).
Board Age and Tenure
Experienced Board: WNC's board of directors are considered experienced (6.9 years average tenure).
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Rodney Ehrlich (72yo)
CTO & Senior VP
- Tenure: 16yrs
- Compensation: US$657.91k
Melanie Margolin (47yo)
- Tenure: 1.7yrs
Jeff Taylor (53yo)
Senior VP & CFO
- Tenure: 6yrs
- Compensation: US$1.39m
Brent Yeagy (48yo)
- Tenure: 1.6yrs
- Compensation: US$2.83m
Treasurer and Vice President of Tax
- Tenure: 6yrs
Dustin Smith (41yo)
Senior VP & Group President of Commercial Trailer Products
- Tenure: 2.3yrs
- Compensation: US$985.12k
Director of Corporate Communications
Mary Glazner (41yo)
Senior VP & Chief Human Resources Officer
- Tenure: 1.2yrs
Director of Investor Relations
- Tenure: 2yrs
Stuart Taylor (58yo)
- Tenure: 0.4yrs
Martin Jischke (77yo)
Independent Chairman of the Board
- Tenure: 12.7yrs
- Compensation: US$218.00k
Scott Sorensen (57yo)
- Tenure: 14.8yrs
- Compensation: US$201.28k
Ann Murtlow (58yo)
- Tenure: 6.9yrs
- Compensation: US$192.26k
Jack Boss (59yo)
- Tenure: 2.1yrs
- Compensation: US$193.73k
John Kunz (54yo)
- Tenure: 8.8yrs
- Compensation: US$201.61k
Larry Magee (64yo)
- Tenure: 15yrs
- Compensation: US$195.42k
Brent Yeagy (48yo)
- Tenure: 1.6yrs
- Compensation: US$2.83m
Terry Bassett (56yo)
- Tenure: 0.2yrs
Wabash National Corporation's company bio, employee growth, exchange listings and data sources
- Name: Wabash National Corporation
- Ticker: WNC
- Exchange: NYSE
- Founded: 1985
- Industry: Construction Machinery and Heavy Trucks
- Sector: Capital Goods
- Market Cap: US$724.840m
- Shares outstanding: 54.09m
- Website: https://www.wabashnational.com
Number of Employees
- Wabash National Corporation
- 1000 Sagamore Parkway South
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|WNC||NYSE (New York Stock Exchange)||Yes||Common Stock||US||USD||Nov 1991|
|WA9||DB (Deutsche Boerse AG)||Yes||Common Stock||DE||EUR||Nov 1991|
|0LSO||LSE (London Stock Exchange)||Yes||Common Stock||GB||USD||Nov 1991|
Wabash National Corporation designs, manufactures, and distributes transportation and diversified industrial products; and provides services primarily in the United States. The company operates through three segments: Commercial Trailer Products, Diversified Products, and Final Mile Products. The Commercial Trailer Products segment provides dry van trailers; platform trailers; refrigerated trailers; converter dollies, big tire haulers, steel coil haulers, and RoadRailer trailers; aftermarket parts and services; and used trailers. The Diversified Products segment offers stainless steel and aluminum liquid and dry bulk tank trailers, and other transport solutions for the dairy, food and beverage, chemical, environmental, petroleum, and refined fuel industries; and parts, and maintenance and repair services for tank trailers and other related equipment. This segment also offers process vessels, and round horizontal and vertical storage silo tanks; containment and isolation systems for the pharmaceutical, chemical, biotech, and nuclear industries; and composite products. The Final Mile Products segment provides van bodies for dry-freight transportation; cutaway van bodies for commercial applications; service bodies; insulated van bodies; stake bodies; and refrigerated and dry freight truck bodies. The company offers its products under the Walker Transport, Brenner Tank, Bulk Tank International, Beall, Walker Engineered Products, Extract Technology, DuraPlate, DuraPlateHD, DuraPlate XD-35, DuraPlate AeroSkirt, ArcticLite, Transcraft, Benson, Supreme, Iner-City, Spartan, Kold King, and Wabash National brands directly, as well as through independent dealer and retail operations to truckload common carriers, leasing companies, private fleet carriers, less-than-truckload common carriers, and package carriers. Wabash National Corporation was founded in 1985 and is headquartered in Lafayette, Indiana.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/01/17 01:43|
|End of Day Share Price||2020/01/16 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.