Thor Industries Stock Shares Outstanding
| THO Stock | USD 101.30 1.92 1.93% |
Thor Industries fundamentals help investors to digest information that contributes to Thor Industries' financial success or failures. It also enables traders to predict the movement of Thor Stock. The fundamental analysis module provides a way to measure Thor Industries' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Thor Industries stock.
As of the 23rd of April 2024, Common Stock Shares Outstanding is likely to drop to about 57.6 M. Thor | Shares Outstanding |
Thor Industries Company Shares Outstanding Analysis
Thor Industries' Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.
Current Thor Industries Shares Outstanding | 53.32 M |
Most of Thor Industries' fundamental indicators, such as Shares Outstanding, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Thor Industries is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Thor Shares Outstanding Driver Correlations
Understanding the fundamental principles of building solid financial models for Thor Industries is extremely important. It helps to project a fair market value of Thor Stock properly, considering its historical fundamentals such as Shares Outstanding. Since Thor Industries' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Thor Industries' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Thor Industries' interrelated accounts and indicators.
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Thor Shares Outstanding Historical Pattern
Today, most investors in Thor Industries Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Thor Industries' growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's shares outstanding growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Thor Industries shares outstanding as a starting point in their analysis.
Thor Industries Shares Outstanding |
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Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.
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Thor Common Stock Shares Outstanding
Common Stock Shares Outstanding |
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Based on the latest financial disclosure, Thor Industries has 53.32 M of shares currently outstending. This is 70.88% lower than that of the Automobiles sector and about the same as Consumer Discretionary (which currently averages 53.9 M) industry. The shares outstanding for all United States stocks is 90.67% higher than that of the company.
Thor Shares Outstanding Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Thor Industries' direct or indirect competition against its Shares Outstanding to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Thor Industries could also be used in its relative valuation, which is a method of valuing Thor Industries by comparing valuation metrics of similar companies.Thor Industries is currently under evaluation in shares outstanding category among related companies.
Thor Industries Current Valuation Drivers
We derive many important indicators used in calculating different scores of Thor Industries from analyzing Thor Industries' financial statements. These drivers represent accounts that assess Thor Industries' ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Thor Industries' important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 6.3B | 6.5B | 4.6B | 6.2B | 5.6B | 5.8B | |
| Enterprise Value | 7.4B | 7.7B | 6.1B | 7.0B | 6.3B | 6.7B |
Thor Industries ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Thor Industries' sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Thor Industries' managers, analysts, and investors.Environment Score | Governance Score | Social Score |
Thor Fundamentals
| Return On Equity | 0.0702 | ||||
| Return On Asset | 0.0398 | ||||
| Profit Margin | 0.03 % | ||||
| Operating Margin | 0.01 % | ||||
| Current Valuation | 6.42 B | ||||
| Shares Outstanding | 53.32 M | ||||
| Shares Owned By Insiders | 4.74 % | ||||
| Shares Owned By Institutions | 99.29 % | ||||
| Number Of Shares Shorted | 3.72 M | ||||
| Price To Earning | 4.20 X | ||||
| Price To Book | 1.40 X | ||||
| Price To Sales | 0.53 X | ||||
| Revenue | 11.12 B | ||||
| Gross Profit | 1.6 B | ||||
| EBITDA | 873.73 M | ||||
| Net Income | 374.24 M | ||||
| Cash And Equivalents | 441.23 M | ||||
| Cash Per Share | 5.80 X | ||||
| Total Debt | 1.3 B | ||||
| Debt To Equity | 0.50 % | ||||
| Current Ratio | 1.74 X | ||||
| Book Value Per Share | 73.82 X | ||||
| Cash Flow From Operations | 981.63 M | ||||
| Short Ratio | 5.37 X | ||||
| Earnings Per Share | 5.05 X | ||||
| Price To Earnings To Growth | 0.74 X | ||||
| Target Price | 105.1 | ||||
| Number Of Employees | 24.9 K | ||||
| Beta | 1.77 | ||||
| Market Capitalization | 5.3 B | ||||
| Total Asset | 7.26 B | ||||
| Retained Earnings | 4.09 B | ||||
| Working Capital | 1.08 B | ||||
| Current Asset | 1.02 B | ||||
| Current Liabilities | 651.65 M | ||||
| Annual Yield | 0.02 % | ||||
| Five Year Return | 1.91 % | ||||
| Net Asset | 7.26 B | ||||
| Last Dividend Paid | 1.86 |
About Thor Industries Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Thor Industries's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Thor Industries using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Thor Industries based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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When determining whether Thor Industries offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Thor Industries' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Thor Industries Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Thor Industries Stock:Check out Thor Industries Piotroski F Score and Thor Industries Altman Z Score analysis. To learn how to invest in Thor Stock, please use our How to Invest in Thor Industries guide.Note that the Thor Industries information on this page should be used as a complementary analysis to other Thor Industries' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.
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When running Thor Industries' price analysis, check to measure Thor Industries' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Thor Industries is operating at the current time. Most of Thor Industries' value examination focuses on studying past and present price action to predict the probability of Thor Industries' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Thor Industries' price. Additionally, you may evaluate how the addition of Thor Industries to your portfolios can decrease your overall portfolio volatility.
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Is Thor Industries' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Thor Industries. If investors know Thor will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Thor Industries listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.74) | Dividend Share 1.86 | Earnings Share 5.05 | Revenue Per Share 194.511 | Quarterly Revenue Growth (0.06) |
The market value of Thor Industries is measured differently than its book value, which is the value of Thor that is recorded on the company's balance sheet. Investors also form their own opinion of Thor Industries' value that differs from its market value or its book value, called intrinsic value, which is Thor Industries' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Thor Industries' market value can be influenced by many factors that don't directly affect Thor Industries' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Thor Industries' value and its price as these two are different measures arrived at by different means. Investors typically determine if Thor Industries is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Thor Industries' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.