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CWH

Camping World Holdings NYSE:CWH Stock Report

Last Price

US$21.60

Market Cap

US$1.9b

7D

-5.7%

1Y

-46.3%

Updated

28 Jun, 2022

Data

Company Financials +
CWH fundamental analysis
Snowflake Score
Valuation5/6
Future Growth1/6
Past Performance2/6
Financial Health4/6
Dividends3/6

CWH Stock Overview

Camping World Holdings, Inc., through its subsidiaries, retails recreational vehicles (RVs), and related products and services.

Camping World Holdings Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Camping World Holdings
Historical stock prices
Current Share PriceUS$21.60
52 Week HighUS$46.77
52 Week LowUS$22.41
Beta2.82
1 Month Change-21.23%
3 Month Change-25.65%
1 Year Change-46.29%
3 Year Change83.36%
5 Year Change-29.30%
Change since IPO-4.00%

Recent News & Updates

Jun 21
Does Camping World Holdings (NYSE:CWH) Have A Healthy Balance Sheet?

Does Camping World Holdings (NYSE:CWH) Have A Healthy Balance Sheet?

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' When we think about how risky a company...

Jun 19

Camping World: Patience Is Warranted

Camping World reported a solid Q1 in May, but the company didn't see the weakness coming this quarter. The RV stock has already fallen 50% this year due to the weak stock market. The consensus guidance for the year appears far too high suggesting major analyst cuts are needed before Camping World becomes appealing to own.

Jun 06
Camping World Holdings, Inc. (NYSE:CWH) Shares Could Be 35% Below Their Intrinsic Value Estimate

Camping World Holdings, Inc. (NYSE:CWH) Shares Could Be 35% Below Their Intrinsic Value Estimate

In this article we are going to estimate the intrinsic value of Camping World Holdings, Inc. ( NYSE:CWH ) by taking the...

Shareholder Returns

CWHUS Specialty RetailUS Market
7D-5.7%4.8%6.3%
1Y-46.3%-27.1%-18.8%

Return vs Industry: CWH underperformed the US Specialty Retail industry which returned -27.1% over the past year.

Return vs Market: CWH underperformed the US Market which returned -18.8% over the past year.

Price Volatility

Is CWH's price volatile compared to industry and market?
CWH volatility
CWH Average Weekly Movement7.2%
Specialty Retail Industry Average Movement8.9%
Market Average Movement8.1%
10% most volatile stocks in US Market16.7%
10% least volatile stocks in US Market3.2%

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

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

About the Company

FoundedEmployeesCEOWebsite
196612,834Marcus Lemonishttps://www.campingworld.com

Camping World Holdings, Inc., through its subsidiaries, retails recreational vehicles (RVs), and related products and services. It operates in two segments, Good Sam Services and Plans; and RV and Outdoor Retail. The company provides a portfolio of services, protection plans, products, and resources in the RV industry.

Camping World Holdings Fundamentals Summary

How do Camping World Holdings's earnings and revenue compare to its market cap?
CWH fundamental statistics
Market CapUS$1.93b
Earnings (TTM)US$260.87m
Revenue (TTM)US$7.02b

3.5x

P/E Ratio

0.1x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
CWH income statement (TTM)
RevenueUS$7.02b
Cost of RevenueUS$4.51b
Gross ProfitUS$2.51b
Other ExpensesUS$2.25b
EarningsUS$260.87m

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)6.26
Gross Margin35.78%
Net Profit Margin3.72%
Debt/Equity Ratio1,260.2%

How did CWH perform over the long term?

See historical performance and comparison

Dividends

14.5%

Current Dividend Yield

24%

Payout Ratio
We’ve recently updated our valuation analysis.

Valuation

Is CWH 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 CWH?

Other financial metrics that can be useful for relative valuation.

CWH 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/Revenue0.6x
Enterprise Value/EBITDA5x
PEG Ratio1x

Price to Earnings Ratio vs Peers

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

CWH PE Ratio vs Peers
The above table shows the PE ratio for CWH vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average9.6x
SAH Sonic Automotive
3.8x-2.1%US$1.5b
MNRO Monro
24.3x7.2%US$1.5b
GPI Group 1 Automotive
4.1x-8.9%US$2.9b
ABG Asbury Automotive Group
5.7x-0.2%US$3.9b
CWH Camping World Holdings
3.5x3.3%US$1.9b

Price-To-Earnings vs Peers: CWH is good value based on its Price-To-Earnings Ratio (3.5x) compared to the peer average (9.5x).


Price to Earnings Ratio vs Industry

How does CWH's PE Ratio compare vs other companies in the US Specialty Retail Industry?

Price-To-Earnings vs Industry: CWH is good value based on its Price-To-Earnings Ratio (3.5x) compared to the US Specialty Retail industry average (6.3x)


Price to Earnings Ratio vs Fair Ratio

What is CWH'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.

CWH PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio3.5x
Fair PE Ratio10.8x

Price-To-Earnings vs Fair Ratio: CWH is good value based on its Price-To-Earnings Ratio (3.5x) compared to the estimated Fair Price-To-Earnings Ratio (10.7x).


Share Price vs Fair Value

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

Below Fair Value: CWH ($21.6) is trading below our estimate of fair value ($37.93)

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


Price to Earnings Growth Ratio

PEG Ratio: CWH is poor value based on its PEG Ratio (1x)


Discover undervalued companies

Future Growth

How is Camping World Holdings forecast to perform in the next 1 to 3 years based on estimates from 10 analysts?

Future Growth Score

1/6

Future Growth Score 1/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


3.3%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: CWH's forecast earnings growth (3.3% per year) is above the savings rate (1.9%).

Earnings vs Market: CWH's earnings (3.3% per year) are forecast to grow slower than the US market (13.8% per year).

High Growth Earnings: CWH's earnings are forecast to grow, but not significantly.

Revenue vs Market: CWH's revenue (0.09% per year) is forecast to grow slower than the US market (8.3% per year).

High Growth Revenue: CWH's revenue (0.09% 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 CWH's Return on Equity is forecast to be high in 3 years time


Discover growth companies

Past Performance

How has Camping World Holdings performed over the past 5 years?

Past Performance Score

2/6

Past Performance Score 2/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


67.1%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: CWH has a high level of non-cash earnings.

Growing Profit Margin: CWH's current net profit margins (3.7%) are higher than last year (3.2%).


Past Earnings Growth Analysis

Earnings Trend: CWH has become profitable over the past 5 years, growing earnings by 67.1% per year.

Accelerating Growth: CWH's earnings growth over the past year (35.3%) is below its 5-year average (67.1% per year).

Earnings vs Industry: CWH earnings growth over the past year (35.3%) underperformed the Specialty Retail industry 40.3%.


Return on Equity

High ROE: Whilst CWH's Return on Equity (286.41%) is outstanding, this metric is skewed due to their high level of debt.


Discover strong past performing companies

Financial Health

How is Camping World Holdings's financial position?

Financial Health Score

4/6

Financial Health Score 4/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: CWH's short term assets ($2.6B) exceed its short term liabilities ($2.0B).

Long Term Liabilities: CWH's short term assets ($2.6B) exceed its long term liabilities ($2.6B).


Debt to Equity History and Analysis

Debt Level: CWH's net debt to equity ratio (1193.8%) is considered high.

Reducing Debt: CWH had negative shareholder equity 5 years ago, but is now positive and has therefore improved.

Debt Coverage: CWH's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: CWH's interest payments on its debt are well covered by EBIT (12.4x coverage).


Balance Sheet


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Dividend

What is Camping World Holdings's current dividend yield, its reliability and sustainability?

Dividend Score

3/6

Dividend Score 3/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage


14.54%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: CWH's dividend (14.54%) is higher than the bottom 25% of dividend payers in the US market (1.57%).

High Dividend: CWH's dividend (14.54%) is in the top 25% of dividend payers in the US market (4.25%)


Stability and Growth of Payments

Stable Dividend: Whilst dividend payments have been stable, CWH has been paying a dividend for less than 10 years.

Growing Dividend: CWH's dividend payments have increased, but the company has only paid a dividend for 6 years.


Earnings Payout to Shareholders

Earnings Coverage: With its low payout ratio (23.7%), CWH's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: CWH is paying a dividend but the company has no free cash flows.


Discover strong dividend paying companies

Management

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

2.0yrs

Average management tenure


CEO

Marcus Lemonis (47 yo)

6.25yrs

Tenure

US$20,011,035

Compensation

Mr. Marcus A. Lemonis has been the Chief Executive Officer of Good Sam Enterprises, LLC since January 24, 2011. Mr. Lemonis has been the Chairman and Chief Executive Officer of Camping World Holdings, Inc....


CEO Compensation Analysis

Compensation vs Market: Marcus's total compensation ($USD20.01M) is above average for companies of similar size in the US market ($USD5.48M).

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


Leadership Team

Experienced Management: CWH's management team is considered experienced (2 years average tenure).


Board Members

Experienced Board: CWH's board of directors are considered experienced (6.3 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: CWH 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

Camping World Holdings, Inc.'s employee growth, exchange listings and data sources


Key Information

  • Name: Camping World Holdings, Inc.
  • Ticker: CWH
  • Exchange: NYSE
  • Founded: 1966
  • Industry: Automotive Retail
  • Sector: Retail
  • Implied Market Cap: US$1.928b
  • Market Cap: US$959.706m
  • Shares outstanding: 83.73m
  • Website: https://www.campingworld.com

Number of Employees


Location

  • Camping World Holdings, Inc.
  • 250 Parkway Drive
  • Suite 270
  • Lincolnshire
  • Illinois
  • 60069
  • United States

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/06/28 00:00
End of Day Share Price2022/06/28 00:00
Earnings2022/03/31
Annual Earnings2021/12/31


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.