Thor Industries Revenue vs. Current Valuation
| THO Stock | USD 97.90 0.63 0.64% |
Total Revenue | First Reported 1985-10-31 | Previous Quarter 2.5 B | Current Value 2.2 B | Quarterly Volatility 972.5 M |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Gross Profit Margin | 0.15 | 0.17 |
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| Net Profit Margin | 0.0306 | 0.0303 |
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| Operating Profit Margin | 0.047 | 0.0483 |
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| Pretax Profit Margin | 0.0475 | 0.0404 |
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| Return On Assets | 0.08 | 0.0464 |
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| Return On Equity | 0.13 | 0.0847 |
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For Thor Industries profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Thor Industries to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Thor Industries utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Thor Industries's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Thor Industries over time as well as its relative position and ranking within its peers.
Thor |
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.
Thor Industries Current Valuation vs. Revenue Fundamental Analysis
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. Thor Industries is rated second in revenue category among related companies. It is rated fourth in current valuation category among related companies reporting about 0.57 of Current Valuation per Revenue. The ratio of Revenue to Current Valuation for Thor Industries is roughly 1.75 . At this time, Thor Industries' Total Revenue is very stable compared to the past year.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 Revenue vs. Competition
Thor Industries is rated second in revenue category among related companies. Market size based on revenue of Consumer Discretionary industry is at this time estimated at about 53.52 Billion. Thor Industries totals roughly 11.12 Billion in revenue claiming about 21% of stocks in Consumer Discretionary industry.
Thor Current Valuation vs. Revenue
Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.
Thor Industries |
| = | 11.12 B |
Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include products or services discounts, promotions, as well as early payments on invoices or services rendered in advance.
Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Thor Industries |
| = | 6.34 B |
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
Thor Current Valuation vs Competition
Thor Industries is rated fourth in current valuation category among related companies. After adjusting for long-term liabilities, total market size of Consumer Discretionary industry is at this time estimated at about 35.47 Billion. Thor Industries retains roughly 6.34 Billion in current valuation claiming about 18% of stocks in Consumer Discretionary industry.
Thor Industries Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Thor Industries, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Thor Industries will eventually generate negative long term returns. The profitability progress is the general direction of Thor Industries' change in net profit over the period of time. It can combine multiple indicators of Thor Industries, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
| Last Reported | Projected for Next Year | ||
| Accumulated Other Comprehensive Income | -61.7 M | -58.6 M | |
| Operating Income | 686.3 M | 720.6 M | |
| Income Before Tax | 574.3 M | 603 M | |
| Total Other Income Expense Net | 10.2 M | 10.7 M | |
| Net Income | 430.4 M | 451.9 M | |
| Income Tax Expense | 143.9 M | 151.1 M | |
| Net Income Applicable To Common Shares | 430.4 M | 242.3 M | |
| Net Income From Continuing Ops | 430.4 M | 384.8 M | |
| Non Operating Income Net Other | 21.2 M | 22.3 M | |
| Net Interest Income | -87.7 M | -92.1 M | |
| Interest Income | 1.3 M | 1.2 M | |
| Change To Netincome | 1.9 M | 1.8 M | |
| Net Income Per Share | 6.30 | 6.61 | |
| Income Quality | 2.36 | 2.48 | |
| Net Income Per E B T | 0.67 | 0.51 |
Thor Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Thor Industries. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Thor Industries position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Thor Industries' important profitability drivers and their relationship over time.
Use Thor Industries in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Thor Industries position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Thor Industries will appreciate offsetting losses from the drop in the long position's value.Thor Industries Pair Trading
Thor Industries Pair Trading Analysis
The ability to find closely correlated positions to Thor Industries could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Thor Industries when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Thor Industries - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Thor Industries to buy it.
The correlation of Thor Industries is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Thor Industries moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Thor Industries moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Thor Industries can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your Thor Industries position
In addition to having Thor Industries in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Check out World Market Map. 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 Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
Complementary Tools for Thor Stock analysis
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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To fully project Thor Industries' future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Thor Industries at a specified time, usually calculated after every quarter, six months, or one year. 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.