Thor Industries Financials

THO Stock  USD 78.58  0.71  0.91%   
Thor Industries Invested Capital is very stable at the moment as compared to the past year. Thor Industries reported last year Invested Capital of 4.84 Billion. As of 30th of March 2023, Invested Capital Average is likely to grow to about 5.5 B, while Revenue Per Employee is likely to drop about 402.9 K.
  
With this module, you can analyze Thor Industries financials for your investing period. You should be able to track the changes in Thor Industries individual financial statements over time to develop the understanding of its risk, liquidity, profitability, or other critical and vital indicators.

Thor Industries Most Recent Estimates

Quarterly Earnings Growth
(0.90) 
Diluted Eps
14.49
EPS Estimate Current Year
5.85
EPS Estimate Next Year
7.36
EPS Estimate Current Quarter
0.99
Understanding current and past Thor Industries Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Thor Industries' financial statements are interrelated, with each one affecting the others. For example, an increase in Thor Industries' assets may result in an increase in income on the income statement.
The financial analysis of Thor Industries is a critical element in measuring its lifeblood. The essential information of the day-to-day investment outlook for Thor Industries includes many different criteria found on its balance sheet. For example, investors should never minimize Thor Industries' ability to pay suppliers or employees on time, making sure interest payments are not accumulating or correctly timing where and how to re-invest extra cash. Any individual investor needs to monitor Thor Industries' cash flow, debt, and profitability to effectively and accurately make more informed decisions on whether to invest in Thor Industries.

Cash and Equivalents

366.96 Million

Evaluating Thor Industries' financials involves analyzing a range of financial metrics and ratios to gain insights into the company's financial health and performance. However, considering all of Thor Industries' profitability, liquidity ratios, and efficiency indicators at the same time could be an enormous task, and our Financial Distress score can provide you with a snapshot of the Thor Industries' relative financial performance

Chance Of Distress

Less than 22

Thor Industries has less than 22 (%) percent chance of experiencing financial distress in the next two years of operations. The calculation of odds of distress for Thor Industries stock is tightly coupled with the Probability of Bankruptcy. It complements the equity performance score by supplying investors with insight into company financials without requiring them to know too much about all of the complex accounting and financial indicators surrounding the entity.
Please note, Thor Industries' odds of distress score SHOULD NOT be confused with the real chance of Thor Industries filing for bankruptcy protection for chapters 7, 11, 12, or 13. We define Financial Distress as an operational condition where an entity such as Thor Industries is having difficulty meeting its current financial obligations towards its creditors or delivering on the expectations of its investors. Macroaxis derives these conditions daily from public financial statements and analysis of stock prices reacting to market conditions or economic downturns, including short-term and long-term historical volatility. Other factors considered include Thor Industries' liquidity analysis, revenue patterns, R&D expenses, and commitments, as well as public headlines and social sentiment.
More Info
The data published in Thor Industries' official financial statements usually reflect Thor Industries' business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Thor Industries. For example, before you start analyzing numbers published by Thor Industries accountants, it's critical to develop an understanding of what Thor Industries' liquidity, profitability, and earnings quality are in the context of the Automobiles space in which it operates.
Please note, the presentation of Thor Industries' financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Thor Industries' management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Thor Industries' accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Thor Industries. Please utilize our Beneish M Score to check the likelihood of Thor Industries' management to manipulate its earnings.

Thor Industries Company Summary

Thor Industries competes with Twin Vee, MCBC Holdings, Malibu Boats, Helbiz, and EZGO Technologies. THOR Industries, Inc. designs, manufactures, and sells recreational vehicles , and related parts and accessories in the United States, Canada, and Europe. THOR Industries, Inc. was incorporated in 1980 and is based in Elkhart, Indiana. Thor Industries operates under Recreational Vehicles classification in the United States and is traded on New York Stock Exchange. It employs 32000 people.
Specialization
Consumer Discretionary, Automobiles & Components
InstrumentUSA Stock View All
ExchangeNew York Stock Exchange
CIK Number0000730263
ISINUS8851601018
CUSIP885160101
RegionNorth America
LocationIndiana; U.S.A
Business Address601 E Beardsley
SectorAutomobiles
IndustryConsumer Discretionary
BenchmarkNYSE Composite
Websitewww.thorindustries.com
Phone574 970 7460
CurrencyUSD - US Dollar
You should never invest in Thor Industries without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Thor Industries Stock, because this is throwing your money away. Analyzing the key information contained in Thor Industries' financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.

Thor Industries Key Financial Ratios

Generally speaking, Thor Industries' financial ratios allow both analysts and investors to convert raw data from Thor Industries' financial statements into concise, actionable information that can be used to evaluate the performance of Thor Industries over time and compare it to other companies across industries. There are many critical financial ratios that investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Thor Industries reports annually and quarterly.

Thor Industries Key Balance Sheet Accounts

201820192020202120222023 (projected)
Inventories827.99 M716.3 M1.37 B1.75 B1.58 B1.7 B
Receivables716.23 M814.23 M949.93 M944.18 M849.76 M916.85 M
Accounts Payable551.83 M636.51 M915.04 M822.45 M740.2 M798.64 M
Total Assets5.66 B5.77 B6.65 B7.41 B8.52 B9.19 B
Current Assets2.04 B2.1 B2.8 B3.06 B3.52 B3.8 B
Assets Non Current3.62 B3.67 B3.85 B4.35 B5 B5.39 B
Cash and Equivalents451.26 M541.36 M448.71 M311.55 M358.29 M366.96 M
Shareholders Equity2.08 B2.32 B2.92 B3.59 B4.13 B4.46 B
Inventory827.99 M716.3 M1.37 B1.75 B2.02 B2.18 B
Total Liabilities3.57 B3.43 B3.71 B3.81 B4.38 B4.72 B
Current Liabilities1.45 B1.52 B1.79 B1.76 B2.02 B1.6 B
Tax Assets115.06 M109.12 M76.72 M59.92 M68.91 M78.14 M
Tax Liabilities207.99 M220.46 M215.23 M190.56 M219.15 M180.12 M

Thor Industries Key Income Statement Accounts

An income statement is very similar to a cash flow statement, but instead of showing net revenue minus expenses, it only includes earnings before interest and taxes (EBIT). This number does not have all of the same line items that are on a cash flow statement, but it leaves out non-cash expenses like depreciation and amortization. For example, if you bought $100 worth of goods from Walmart (WMT) using your debit card that has an interest rate of 20%, then paid off the balance at the end of the month with a credit card that charges 30% interest, you would have an income statement showing EBIT of $80 because your expenses are lower than the amount that went into your pocket. The other reason investors look at the income statement is to determine what Thor Industries' earnings per share (EPS) will be in order to see if they want to buy more shares or not. For example, if a company earned $20 million in the last quarter and has 100,000 shares outstanding, its EPS is 20 cents. If you find that this number beats analysts' forecasts or is higher than it was from the same period last year, then you might want to buy more of this stock even though its price per share may not have changed.
201820192020202120222023 (projected)
Direct Expenses6.89 B7.05 B10.42 B13.51 B12.16 B13.12 B
Consolidated Income132.47 M221.38 M660.87 M1.14 B1.31 B1.41 B
Cost of Revenue6.89 B7.05 B10.42 B13.51 B15.53 B16.76 B
Gross Profit973.09 M1.12 B1.89 B2.81 B3.23 B3.48 B
Interest Expense68.11 M107.32 M94.34 M91.22 M104.91 M113.19 M
Net Income133.28 M222.97 M659.87 M1.14 B1.31 B1.41 B
Operating Expenses726.55 M741.41 M987.1 M1.27 B1.46 B1.58 B
Operating Income246.55 M376.8 M907.87 M1.53 B1.76 B1.9 B
Revenues7.86 B8.17 B12.32 B16.31 B18.76 B20.24 B
Income Tax Expense52.2 M51.51 M183.71 M321.62 M369.86 M399.06 M

Thor Industries Key Cash Accounts

Cash flow analysis captures how much money flows into and out of Thor Industries. It measures of how well Thor Industries is doing because it can show the actual money that comes into and out of the company from sales instead of measuring expenses against revenue to determine earnings. You have to read the cash flow statement in three sections. The first section shows how much money Thor Industries brought in, usually known as net revenue or sales. This is different from earnings because it does not include expenses when determining net revenue for use on this part of the cash flow statement. Next, are operating activities, which show how much money Thor Industries had leftover after paying for its expenses. This number can be calculated in two ways: by subtracting the total of all operating expenses from net revenue or by adding up changes to cash and other assets or liabilities on this part of the statement. The third section is about investing activities, which shows what Thor Industries has done with the money that it received from the sale of assets or what it spent to acquire new ones. This section can be broken down into two parts: investing in existing businesses (in other words, buying more stock) and investing in non-business activities like paying off debt or making acquisitions.
201820192020202120222023 (projected)
Capital Expenditure(127.49 M)(79.02 M)(126.89 M)(226.29 M)(203.66 M)(209.02 M)
Depreciation Amortization and Accretion148.78 M196.17 M230.58 M284.45 M327.12 M352.95 M
Net Cash Flow or Change in Cash and Cash Equivalents176.01 M90.1 M(92.66 M)(137.02 M)(123.31 M)(126.56 M)
Net Cash Flow Business Acquisitions and Disposals(50.4 M)(1.74 B)(310.94 M)(781.97 M)(703.77 M)(722.29 M)
Issuance Repayment of Debt Securities1.63 B(290.66 M)(73.56 M)247.08 M284.14 M258.13 M
Payment of Dividends and Other Cash Distributions(84.14 M)(88.32 M)(90.8 M)(94.94 M)(85.45 M)(92.2 M)
Net Cash Flow from Financing1.54 B(392.92 M)(188.44 M)(47.84 M)(55.02 M)(56.46 M)
Net Cash Flow from Investing(1.87 B)(84.25 M)(428.49 M)(1.05 B)(944.33 M)(969.18 M)
Net Cash Flow from Operations508.02 M540.94 M526.48 M990.25 M1.14 B1.23 B
Share Based Compensation18.95 M19.89 M30.51 M31.42 M36.13 M38.99 M

Thor Industries Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Thor Industries's current stock value. Our valuation model uses many indicators to compare Thor Industries value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Thor Industries competition to find correlations between indicators driving Thor Industries's intrinsic value. More Info.
Thor Industries is currently regarded number one company in current valuation category among related companies. It is rated third in beta category among related companies . The ratio of Current Valuation to Beta for Thor Industries is about  3,310,693,967 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Thor Industries by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Thor Industries' Stock . Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Thor Industries' earnings, one of the primary drivers of an investment's value.

Thor Industries Systematic Risk

Thor Industries' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Thor Industries volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Beta measures systematic risk based on how returns on Thor Industries correlated with the market. If Beta is less than 0 Thor Industries generally moves in the opposite direction as compared to the market. If Thor Industries Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Thor Industries is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Thor Industries is generally in the same direction as the market. If Beta > 1 Thor Industries moves generally in the same direction as, but more than the movement of the benchmark.
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About Thor Industries Financials

What exactly are Thor Industries Financials? Typically, a company's financial statements are the reports that show the financial position of the company. Three primary documents fall into the category of financial statements. These documents include Thor Industries' income statement, its balance sheet, and the statement of cash flows. Potential Thor Industries investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although Thor Industries investors may use each financial statement separately, they are all related. The changes in Thor Industries's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Thor Industries's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.

Steps to analyze Thor Industries Financials for Investing

There are several different ways that investors can use financial statements to try and predict whether a stock price will go up or down. Unfortunately, there is no surefire formula, but there are some general guidelines you should consider when looking at the numbers. First, realize what kind of company it is so you know if its revenues are more likely to grow or shrink over time. For example, a software company's revenue is expected to increase yearly due to new products and services that its customers will want to buy. At the same time, a car manufacturer might not be able to sell as many cars when the economy slows down, so it would have less net income during those times. Second, pay attention to its debt-to-equity ratio because this number will tell you how much risk it has. If a company such as Thor Industries is not taking on any additional risks, its debt-to-equity should be less than one. As a general rule of thumb, if the market value or book value (which can be found in the footnotes) of assets exceeds the company's liabilities, then it is probably in good shape. Finally, use other financial statements to determine if a stock price will go up or down because investors are always looking for growth opportunities when they buy new stocks. For example, if you see that the net revenue of Thor Industries has grown by more than 25% over the last five years, then there is a good chance that it will continue growing by at least 20% or more each year. On the other hand, if you see that net revenue has only increased by about 15%, which is barely above inflation levels, then chances are it will not grow much faster than this over time, and investors may shy away from buying it.
In summary, you can determine if Thor Industries' financials are consistent with your investment objective using the following steps:
  • Review Thor Industries' balance sheet accounts, such as liabilities and equity, to understand its overall financial position.
  • Analyze the income statement and examine the company's revenue, expenses, and profits over time to determine its financial performance.
  • Study the cash flow inflows and outflows to understand Thor Industries' liquidity and solvency.
  • Look at the growth rates in revenue, earnings, and cash flow over time to determine its potential for future growth.
  • Compare Thor Industries' financials to those of its peers to see how it stacks up and identify any potential red flags.
  • Use valuation ratios to evaluate the company's financials using commonly used ratios such as the price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and enterprise value-to-earnings before interest, taxes, depreciation, and amortization (EV/EBITDA) ratio to determine if Thor Industries' stock is overvalued or undervalued.
Remember, these are just guidelines and should not be the only basis for investment decisions. It is always important to conduct additional research and seek professional advice.

Thor Industries Thematic Clasifications

Thor Industries is part of Automobiles and Trucks investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. USA Equities from Automobiles and Trucks industry as classified by Fama & French. Fama and French investing themes focus on testing asset pricing under different economic assumptions
Automobiles and Trucks Idea
Automobiles and TrucksView
This theme covers USA Equities from Automobiles and Trucks industry as classified by Fama & French. Fama and French investing themes focus on testing asset pricing under different economic assumptions. Get More Thematic Ideas

Thor Industries March 30, 2023 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Thor Industries help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Thor Industries. We use our internally-developed statistical techniques to arrive at the intrinsic value of Thor Industries based on widely used predictive technical indicators. In general, we focus on analyzing Thor Industries Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Thor Industries's daily price indicators and compare them against related drivers.
Check out World Market Map. To learn how to invest in Thor Industries 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 Equity Valuation module to check real value of public entities based on technical and fundamental data.

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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 Industries 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
(0.90) 
Dividend Share
1.76
Earnings Share
14.49
Revenue Per Share
257.563
Quarterly Revenue Growth
(0.39) 
The market value of Thor Industries is measured differently than its book value, which is the value of Thor Industries 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 Thor Industries value 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.