Thor Industries Stock Piotroski F Score

THO Stock  USD 91.50  2.94  3.11%   
This module uses fundamental data of Thor Industries to approximate its Piotroski F score. Thor Industries F Score is determined by combining nine binary scores representing 3 distinct fundamental categories of Thor Industries. These three categories are profitability, efficiency, and funding. Some research analysts and sophisticated value traders use Piotroski F Score to find opportunities outside of the conventional market and financial statement analysis.They believe that some of the new information about Thor Industries financial position does not get reflected in the current market share price suggesting a possibility of arbitrage. Check out Thor Industries Altman Z Score, Thor Industries Correlation, Thor Industries Valuation, as well as analyze Thor Industries Alpha and Beta and Thor Industries Hype Analysis.
To learn how to invest in Thor Stock, please use our How to Invest in Thor Industries guide.
  
At this time, Thor Industries' Net Debt is very stable compared to the past year. As of the 15th of June 2024, Short and Long Term Debt Total is likely to grow to about 1.6 B, while Short Term Debt is likely to drop about 10.6 M. At this time, Thor Industries' PB Ratio is very stable compared to the past year. As of the 15th of June 2024, Free Cash Flow Per Share is likely to grow to 13.67, while Price To Sales Ratio is likely to drop 0.45.
At this time, it appears that Thor Industries' Piotroski F Score is Strong. Although some professional money managers and academia have recently criticized Piotroski F-Score model, we still consider it an effective method of predicting the state of the financial strength of any organization that is not predisposed to accounting gimmicks and manipulations. Using this score on the criteria to originate an efficient long-term portfolio can help investors filter out the purely speculative stocks or equities playing fundamental games by manipulating their earnings..
7.0
Piotroski F Score - Strong
Current Return On Assets

Positive

Focus
Change in Return on Assets

Increased

Focus
Cash Flow Return on Assets

Positive

Focus
Current Quality of Earnings (accrual)

Improving

Focus
Asset Turnover Growth

Increase

Focus
Current Ratio Change

Increase

Focus
Long Term Debt Over Assets Change

Higher Leverage

Focus
Change In Outstending Shares

Decrease

Focus
Change in Gross Margin

No Change

Focus

Thor Industries Piotroski F Score Drivers

The critical factor to consider when applying the Piotroski F Score to Thor Industries is to make sure Thor is not a subject of accounting manipulations and runs a healthy internal audit department. So, if Thor Industries' auditors report directly to the board (not management), the managers will be reluctant to manipulate simply due to the fear of punishment. On the other hand, the auditors will be free to investigate the ledgers properly because they know that the board has their back. Below are the main accounts that are used in the Piotroski F Score model. By analyzing the historical trends of the mains drivers, investors can determine if Thor Industries' financial numbers are properly reported.
Current ValueLast YearChange From Last Year 10 Year Trend
Return On Assets0.080.0464
Way Up
Slightly volatile
Asset Turnover2.921.76
Way Up
Slightly volatile
Gross Profit Margin0.150.17
Fairly Down
Pretty Stable
Total Current Liabilities2.1 BB
Sufficiently Up
Slightly volatile
Non Current Liabilities Total1.9 B1.8 B
Sufficiently Up
Slightly volatile
Total Assets8.8 B8.3 B
Sufficiently Up
Slightly volatile
Total Current Assets3.4 B3.2 B
Sufficiently Up
Slightly volatile
Total Cash From Operating Activities1.2 B1.1 B
Sufficiently Up
Slightly volatile

Thor Industries F Score Driver Matrix

One of the toughest challenges investors face today is learning how to quickly synthesize historical financial statements and information provided by the company, SEC reporting, and various external parties in order to project the various growth rates. Understanding the correlation between Thor Industries' different financial indicators related to revenue, expenses, operating profit, and net earnings helps investors identify and prioritize their investing strategies towards Thor Industries in a much-optimized way.

About Thor Industries Piotroski F Score

F-Score is one of many stock grading techniques developed by Joseph Piotroski, a professor of accounting at the Stanford University Graduate School of Business. It was published in 2002 under the paper titled Value Investing: The Use of Historical Financial Statement Information to Separate Winners from Losers. Piotroski F Score is based on binary analysis strategy in which stocks are given one point for passing 9 very simple fundamental tests, and zero point otherwise. According to Mr. Piotroski's analysis, his F-Score binary model can help to predict the performance of low price-to-book stocks.

Common Stock Shares Outstanding

57.56 Million

At this time, Thor Industries' Common Stock Shares Outstanding is very stable compared to the past year.

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.
201920202021202220232024 (projected)
Market Cap6.3B6.5B4.6B6.2B5.6B5.8B
Enterprise Value7.4B7.7B6.1B7.0B6.3B6.7B

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.
Environmental
Governance
Social

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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Additional Information and Resources on Investing in Thor Stock

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 Altman Z Score, Thor Industries Correlation, Thor Industries Valuation, as well as analyze Thor Industries Alpha and Beta and Thor Industries Hype Analysis.
To learn how to invest in Thor Stock, please use our How to Invest in Thor Industries guide.
You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
Is Automobile Manufacturers space 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
(0.05)
Dividend Share
1.89
Earnings Share
4.79
Revenue Per Share
192.223
Quarterly Revenue Growth
(0.04)
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.