Returns Breakdown
4.01
Return on Assets
9.7
Return on Investment
| Return on Investment | 9.7 | |
| Return on Assets | 4.01 | |
| Return on Equity | 15.36 | |
| Return Capital | 0.67 | |
| Return on Sales | 0.09 |
What can we learn from Thor Industries (NYSE:THO) latest price fluctuation
 | By Rifka Kats | Macroaxis Story |
Thor Industries Invested Capital Average is quite stable at the moment as compared to the past year. The company's current value of Invested Capital Average is estimated at 617.37 Million. Market Capitalization is expected to rise to about 3.9 B this year, although the value of Revenue Per Employee will most likely fall to about 348.8 K. The fundamental goal of this short thesis is to break down our forecasting of Thor Industries for institutional investors. We will try to forecast Thor Industries outlook for January.
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Reviewed by Michael Smolkin
The asset utilization indicator refers to the revenue earned for every dollar of assets a company currently reports. Thor Industries has an asset utilization ratio of 351.33 percent. This suggests that the company is making $3.51 for each dollar of assets. An increasing asset utilization means that Thor Industries is more efficient with each dollar of assets it utilizes for everyday operations.
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Thor Industries. Your research has to be compared to or analyzed against Thor Industries' peers to derive any actionable benefits. When done correctly, Thor Industries' competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Thor Industries.
There are currently many different techniques concerning forecasting the market as a whole as well as predicting future values of individual securities such as Thor Industries. Regardless of method or technology, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.
Predictive Modules for Thor Industries
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Thor Industries' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
How important is Thor Industries's Liquidity
Thor Industries financial leverage refers to using borrowed capital as a funding source to finance Thor Industries ongoing operations. It is usually used to expand the firm's asset base and generate returns on borrowed capital. Thor Industries financial leverage is typically calculated by taking the company's all interest-bearing debt and dividing it by total capital. So the higher the debt-to-capital ratio (i.e., financial leverage), the riskier the company. Financial leverage can amplify the potential profits to Thor Industries' owners, but it also increases the potential losses and risk of financial distress, including bankruptcy, if the firm cannot cover its debt costs. The degree of Thor Industries' financial leverage can be measured in several ways, including by ratios such as the debt-to-equity ratio (total debt / total equity), equity multiplier (total assets / total equity), or the debt ratio (total debt / total assets). Please check the breakdown between Thor Industries's total debt and its cash.
Thor Industries Gross Profit
Thor Industries Gross Profit growth is one of the most critical measures in evaluating the company. The Gross Profit growth rate is calculated simply by comparing Thor Industries previous period's values with its current period's values. Each time period you're measuring should be of equal lengths the increase or decrease, in a company's Gross Profit between two periods. Here we show Thor Industries Gross Profit growth over the last 10 years. Please check Thor Industries' gross profit and other fundamental indicators for more details.
What is the case for Thor Industries Investors
Thor Industries shows above-average downside volatility for the selected time horizon. We advise investors to inspect Thor Industries further and ensure that all market timing and asset allocation strategies are consistent with the estimation of Thor Industries future alpha.
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