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Thor Industries Inc Stock Research

THO

77.17USD+1.16(+1.53%)Market Closedas of 27 Mar 2023, 09:32 am

Market Summary

USD77.17+1.16
Market Closedas of 27 Mar 2023, 09:32 am
1.53%

THO Alerts

THO Stock Price

THO RSI Chart

THO Valuation

Market Cap

4.1B

Price/Earnings (Trailing)

5.15

Price/Sales (Trailing)

0.29

EV/EBITDA

4.65

Price/Free Cashflow

4.65

THO Price/Sales (Trailing)

THO Profitability

EBT Margin

7.27%

Return on Equity

20.91%

Return on Assets

10.84%

Free Cashflow Yield

21.52%

THO Fundamentals

THO Revenue

Revenue (TTM)

13.9B

Revenue Y/Y

-39.44%

Revenue Q/Q

-24.5%

THO Earnings

Earnings (TTM)

792.3M

Earnings Y/Y

-89.84%

Earnings Q/Q

-80.12%

Price Action

52 Week Range

65.51105.36
(Low)(High)

Last 7 days

-5.7%

Last 30 days

-17.7%

Last 90 days

-1.6%

Trailing 12 Months

-7.5%

THO Financial Health

Current Ratio

1.95

Debt/Equity

0.46

Debt/Cashflow

0.51

THO Investor Care

Dividend Yield

2.32%

Dividend/Share (TTM)

1.76

Buy Backs (1Y)

3.19%

Diluted EPS (TTM)

14.5

Peers (Alternatives to Thor Industries)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
602.5B
81.5B
-5.20% -43.66%
47.98
7.4
51.35% 127.50%
48.8B
156.7B
-17.56% -23.65%
4.91
0.31
23.41% -0.85%
46.3B
158.1B
-5.73% -29.74%
-21.51
0.29
15.93% -112.02%
29.0B
17.5B
-7.68% -9.77%
48.89
1.66
11.98% 0.68%
11.1B
15.8B
-4.74% 23.53%
11.75
0.7
6.49% 75.79%
MID-CAP
7.7B
8.8B
-1.32% 18.04%
18.19
0.87
7.44% -2.76%
6.3B
5.8B
-24.54% -5.82%
10.14
1.18
7.85% 14.06%
6.3B
1.9B
-5.37% -6.37%
19.67
3.27
10.85% -11.65%
4.1B
13.9B
-17.72% -7.51%
5.15
0.29
-6.39% -14.11%
SMALL-CAP
1.7B
18.6B
8.17% 58.15%
-7.03
0.09
1.85% -200.42%
1.7B
4.8B
-12.87% -2.37%
4.75
0.35
19.08% 8.38%
843.5M
5.8B
-16.55% -8.91%
13.12
0.15
12.52% 989.83%
485.0M
899.9M
-23.34% -1.77%
-23.72
0.54
16.80% -255.49%
226.2M
2.5B
-16.22% 29.61%
-1.05
0.09
8.38% 33.28%
3.2M
5.0M
-27.69% -80.22%
-0.05
0.65
17.40% -129.43%

Financials for Thor Industries

Income Statement (Last 12 Months)
(In Millions)
* denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q12022Q42022Q32022Q22022Q1
Revenue-9.9%13,93415,46216,31316,08414,885
Gross Profit-14.9%2,2452,6372,8062,7342,432
  S&GA Expenses-5.5%1,0031,0621,1161,0951,045
EBITDA-20.9%1,1881,5011,6791,784-
EBITDA Margin-12.2%0.09*0.10*0.10*0.11*-
Earnings Before Taxes-23.6%1,0131,3261,4601,4231,193
EBT Margin-15.3%0.07*0.09*0.09*0.09*-
Interest Expenses-47.9%48.0091.0046.0050.00-
Net Income-23.2%7921,0321,1381,087922
Net Income Margin-14.8%0.06*0.07*0.07*0.07*-
Free Cahsflow-15.8%8781,042990989-
Balance Sheet
(In Millions)
Description(%) Q/Q2023Q12022Q42022Q32022Q22022Q1
Assets0.4%7,3127,2817,4087,7367,665
  Current Assets-4.4%2,8632,9943,0623,3593,201
    Cash Equivalents-3.5%282292312329305
  Inventory0.6%1,8651,8531,7551,7341,679
  Goodwill0.0%1,7841,7841,8041,8351,889
  Current Liabilities-9.6%1,4661,6221,7561,9721,904
  Long Term Debt-2.4%1,7251,7671,9952,179-
    LT Debt, Current9.3%11.0010.0013.0011.0012.00
    LT Debt, Non Current2.6%1,7591,7151,7541,9842,168
Shareholder's Equity4.0%3,7883,6423,5933,4343,254
  Retained Earnings0.1%3,9283,9253,8133,5563,231
  Additional Paid-In Capital1.6%518510498491480
Shares Outstanding-2.3%54.0055.0055.00--
Minority Interest-14.5%7.009.008.007.0028.00
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2023Q12022Q42022Q32022Q22022Q1
Cashflow From Operations-15.8%8781,042990989913
  Share Based Compensation4.7%35.0034.0031.0032.0030.00
Cashflow From Investing16.5%-264-316-1,049-1,019-969
Cashflow From Financing14.0%-640-744-47.84105215
  Dividend Payments4.2%95.0091.00---
  Buy Backs-30.6%13219116598.0058.00

Risks for THO

What is the probability of a big loss on THO?

100%


Probability that Thor Industries stock will be more than 20% underwater in next one year

80%


Probability that Thor Industries stock will be more than 30% underwater in next one year.

59.2%


Probability that Thor Industries stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does THO drawdown profile look like?

Y-axis is the maximum loss one would have experienced if Thor Industries was unfortunately bought at previous high price.

Drawdowns

Returns for THO

Cumulative Returns on THO

9.9%


10-Year Cumulative Returns

4.9%


7-Year Cumulative Returns

-5.3%


5-Year Cumulative Returns

28.8%


3-Year Cumulative Returns

What are the long-term rolling returns for THO?

FIve years rolling returns for Thor Industries.

Annualized Returns

Which funds bought or sold THO recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2023-03-10
VICTORY CAPITAL MANAGEMENT INC
reduced
-1.56
3,132,500
53,712,500
0.06%
2023-03-08
Capital Asset Advisory Services LLC
sold off
-100
-351,000
-
-%
2023-03-06
Rockefeller Capital Management L.P.
reduced
-94.49
-8,000
-
-%
2023-02-28
Voya Investment Management LLC
added
59.88
759,967
1,808,970
-%
2023-02-27
Parallax Volatility Advisers, L.P.
added
73.84
373,213
799,213
-%
2023-02-24
SRS Capital Advisors, Inc.
unchanged
-
1,704
23,704
-%
2023-02-24
NATIXIS
reduced
-47.44
-2,605,850
3,412,150
0.02%
2023-02-22
TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY
reduced
-2.00
101,000
1,850,000
0.02%
2023-02-22
CVA Family Office, LLC
unchanged
-
813
5,813
-%
2023-02-21
NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO
added
164
5,984
8,984
-%

1–10 of 41

Latest Funds Activity

Are funds buying THO calls or puts?
Calls
Puts
Are funds bullish or bearish(Calls - Puts)?
Net Call Options
No. of funds that own THO
No. of Funds

Thor Industries News

Nasdaq

Royal London Asset Management Now Owns 5.02% of Thor ....

Nasdaq,
2 hours ago

The Motley Fool

Zacks Investment Research

Company News for Mar 8, 2023.

Zacks Investment Research,
19 days ago

Investor's Business Daily

Schedule 13G FIlings of Thor Industries

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 14, 2023
harris associates l p
5.3%
2,861,284
SC 13G
Feb 14, 2023
kayne anderson rudnick investment management llc
9.57%
5,119,657
SC 13G/A
Feb 13, 2023
capital research global investors
4.7%
2,526,116
SC 13G/A
Feb 09, 2023
royal london asset management ltd
7165%
2,658,377
SC 13D
Feb 09, 2023
vanguard group inc
9.90%
5,296,944
SC 13G/A
Feb 03, 2023
royal london asset management ltd
-
12
SC 13D/A
Jan 25, 2023
blackrock inc.
8.8%
4,716,362
SC 13G/A
Feb 11, 2022
capital research global investors
8.7%
4,863,269
SC 13G/A
Feb 10, 2022
vanguard group inc
9.46%
5,259,362
SC 13G/A
Feb 10, 2022
kayne anderson rudnick investment management llc
10.30%
5,727,422
SC 13G/A

THO Fair Value

Thor Industries fair value in different scenarios

The table shows the Fair Value estimates for Thor Industries for various scenarios. Disclaimer: These are just estimations from a model. None of the models are good at predicting the future. Please dont buy or sell stocks based on these outputs.
Fair ValueVery PessimisticPessimisticBase CaseOptimisticVery Optimistic
Very Low Inflation

-

-

-

-

-

-

-

-

-

-
Current Inflation

231.94

200.56%

302.11

291.49%

466.52

504.54%

784.04

915.99%

993.90

1187.94%
Very High Inflation

-

-

-

-

-

-

-

-

-

-

Historical Thor Industries Fair Value Estimates


Very Pessimistic Case
Pessimistic Case
Fair Value
Optimistic Case
Very Optimistic Case
Closing Stock Price

Recent SEC filings of Thor Industries

View All Filings
Date Filed Form Type Document
Mar 07, 2023
8-K
Current Report
Mar 07, 2023
10-Q
Quarterly Report
Feb 14, 2023
SC 13G/A
Major Ownership Report
Feb 14, 2023
SC 13G
Major Ownership Report
Feb 13, 2023
SC 13G/A
Major Ownership Report
Feb 09, 2023
SC 13G/A
Major Ownership Report
Feb 09, 2023
SC 13D
13D - Major Acquisition
Feb 03, 2023
SC 13D/A
13D - Major Acquisition
Jan 25, 2023
SC 13G/A
Major Ownership Report

Latest Insider Trading transactions for THO

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2022-12-09
ORTHWEIN PETER BUSCH
gifted
-
-
-400
-
2022-10-17
ORTHWEIN PETER BUSCH
gifted
-476,160
79.36
-6,000
-
2022-10-11
JULIAN KENNETH D
acquired
-
-
11,862
svp of admin and hr
2022-10-11
ZUHL COLLEEN A
acquired
-
-
21,603
sr. vp and chief fin. officer
2022-10-11
KLEIN CHRISTOPHER J
acquired
-
-
1,658
-
2022-10-11
Huntington Amelia
acquired
-
-
1,658
-
2022-10-11
Graves Andrew E
acquired
-
-
1,658
-
2022-10-11
ORTHWEIN PETER BUSCH
acquired
-
-
1,658
-
2022-10-11
Kelley William J. JR
acquired
-
-
1,658
-
2022-10-11
HENNINGTON CHRISTINA
acquired
-
-
1,658
-

1–10 of 50

Robert W. Martin
31000
Thor Industries, Inc. designs, manufactures, and sells recreational vehicles (RVs), and related parts and accessories in the United States, Canada, and Europe. The company offers travel trailers; gasoline and diesel Class A, Class B, and Class C motorhomes; conventional travel trailers and fifth wheels; luxury fifth wheels; and motorcaravans, caravans, campervans, and urban vehicles. It also provides aluminum extrusion and specialized component products to RV and other manufacturers; and digital products and services for RVs. The company provides its products through independent and non-franchise dealers. The company was founded in 1980 and is based in Elkhart, Indiana.

THO Income Statement

2023-01-31
CONDENSED CONSOLIDATED STATEMENTS OF INCOME AND COMPREHENSIVE INCOME (UNAUDITED) - USD ($)
$ in Thousands
3 Months Ended6 Months Ended
Jan. 31, 2023
Jan. 31, 2022
Jan. 31, 2023
Jan. 31, 2022
Income Statement [Abstract]    
Net sales$ 2,346,635$ 3,875,018$ 5,454,719$ 7,833,242
Cost of products sold2,063,7003,199,7444,685,3086,502,544
Gross profit282,935675,274769,4111,330,698
Selling, general and administrative expenses208,743267,450450,367563,333
Amortization of intangible assets35,19943,34970,41876,563
Interest expense, net25,63324,50748,44045,227
Other income, net19,3586,28511,80313,520
Income before income taxes32,718346,253211,989659,095
Income tax provision6,91280,61848,760148,657
Net income25,806265,635163,229510,438
Less: Net income (loss) attributable to non-controlling interests(1,274)(933)(36)1,628
Net income attributable to THOR Industries, Inc.$ 27,080$ 266,568$ 163,265$ 508,810
Weighted-average common shares outstanding:    
Basic (in shares)53,518,87855,493,62253,587,64655,458,238
Diluted (in shares)53,810,91055,649,44553,869,83055,720,079
Earnings per common share:    
Basic (in dollars per share)$ 0.51$ 4.80$ 3.05$ 9.17
Diluted (in dollars per share)$ 0.50$ 4.79$ 3.03$ 9.13
Comprehensive income:    
Net income$ 25,806$ 265,635$ 163,229$ 510,438
Other comprehensive income (loss), net of tax    
Foreign currency translation adjustment128,377(69,974)85,048(105,141)
Unrealized gain (loss) on derivatives, net of tax(661)2,1291434,484
Other (loss), net of tax(39)(372)(39)(372)
Total other comprehensive income (loss), net of tax127,677(68,217)85,152(101,029)
Total Comprehensive income153,483197,418248,381409,409
Less: Comprehensive income (loss) attributable to non-controlling interests(1,249)(1,478)(445)923
Comprehensive income attributable to THOR Industries, Inc.$ 154,732$ 198,896$ 248,826$ 408,486

THO Balance Sheet

2023-01-31
CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($)
$ in Thousands
Jan. 31, 2023
Jul. 31, 2022
Current assets:  
Cash and cash equivalents$ 281,556$ 311,553
Accounts receivable, trade, net572,301848,814
Accounts receivable, other, net78,65995,367
Inventories, net1,864,6471,754,773
Prepaid income taxes, expenses and other65,86451,972
Total current assets2,863,0273,062,479
Property, plant and equipment, net1,325,0321,258,159
Other assets:  
Goodwill1,783,7761,804,151
Amortizable intangible assets, net1,060,5631,117,492
Deferred income tax assets, net8,3817,950
Equity investments124,29010,811
Other146,891147,090
Total other assets3,123,9013,087,494
TOTAL ASSETS7,311,9607,408,132
Current liabilities:  
Accounts payable639,440822,449
Current portion of long-term debt11,11613,190
Short-term financial obligations36,42721,403
Accrued liabilities:  
Compensation and related items157,283254,772
Product warranties326,665317,908
Income and other taxes41,87157,391
Promotions and rebates127,571134,298
Product, property and related liabilities60,89761,700
Other65,21972,805
Total current liabilities1,466,4891,755,916
Long-term debt, net1,758,5061,754,239
Deferred income tax liabilities, net107,218115,931
Unrecognized tax benefits18,37517,243
Other liabilities173,242164,149
Total long-term liabilities2,057,3412,051,562
Contingent liabilities and commitments
Stockholders’ equity:  
Preferred stock – authorized 1,000,000 shares; none outstanding00
Common stock – par value of $.10 per share; authorized 250,000,000 shares; issued 66,334,072 and 66,059,403 shares, respectively6,6336,606
Additional paid-in capital517,510497,946
Retained earnings3,928,3613,813,261
Accumulated other comprehensive loss, net of tax(96,046)(181,607)
Less treasury shares of 12,815,099 and 12,382,441, respectively, at cost(575,675)(543,344)
Stockholders’ equity attributable to THOR Industries, Inc.3,780,7833,592,862
Non-controlling interests7,3477,792
Total stockholders’ equity3,788,1303,600,654
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY$ 7,311,960$ 7,408,132