CWH Stock Analysis: Camping World Holdings | NYSE
Auto & Truck Dealerships | NYSE, USA | Market Cap: 393m USD | 12M Return: -61.4% | Charts, Fundamentals & Technical Analysis
Avg Turnover: 15.6M
Qual. Beats: 1
Rev. Trend: 2.1%
Qual. Beats: -1
Warnings
Tailwinds
No distinct edge detected
Seasonality 9.7 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
Camping World Holdings, Inc. (CWH) is a leading U.S. retailer of recreational vehicles (RVs) and related products and services, operating through two main segments: Good Sam Services and Plans, and RV and Outdoor Retail. The Good Sam segment provides extended service contracts, roadside assistance, property and casualty insurance, travel protection, and operates a network of Coast to Coast Resorts and Good Sam Campgrounds. The retail segment offers new and used RVs, vehicle financing, RV repair and maintenance, collision repair services, and a broad assortment of RV parts, accessories, and supplies.
The company also operates the Good Sam Club membership organization, offers co-branded credit cards, and facilitates an RV rental platform connecting travelers with RV owners. Camping World distributes its offerings through a national network of dealerships and service centers as well as online and e-commerce channels. Founded in 1966 and headquartered in Lincolnshire, Illinois, the company is categorized within the Consumer Discretionary sector, specifically the Automotive Retail sub-industry, and benefits from the recurring revenue characteristics of the broader RV lifestyle ecosystem, where ownership often drives demand for ancillary services such as insurance, financing, and campground access.
- RV retail demand weakens amid high interest rates and consumer pullback
- Good Sam memberships and services drive recurring revenue growth
- Used RV inventory glut pressures dealership margins and pricing power
| Net Income: -93.9m TTM > 0 and > 6% of Revenue |
| FCF/TA: -0.02 > 0.02 and ΔFCF/TA -0.80 > 1.0 |
| NWC/Revenue: 6.19% < 20% (prev 8.28%; Δ -2.10% < -1%) |
| CFO/TA 0.01 > 3% & CFO 34.9m > Net Income -93.9m |
| Net Debt (4.89b) to EBITDA (528.2m): 9.26 < 3 |
| Current Ratio: 1.17 > 1.5 & < 3 |
| Outstanding Shares: last quarter (63.5m) vs 12m ago -38.03% < -2% |
| Gross Margin: 29.33% > 18% (prev 30.13%; Δ -0.80% > 0.5%) |
| Asset Turnover: 122.7% > 50% (prev 119.5%; Δ 3.25% > 0%) |
| Interest Coverage Ratio: 1.14 > 6 (EBIT TTM 432.7m / Interest Expense TTM 379.0m) |
| A: 0.08 (Total Current Assets 2.72b - Total Current Liabilities 2.33b) / Total Assets 5.14b |
| B: -0.00 (Retained Earnings -5.39m / Total Assets 5.14b) |
| C: 0.08 (EBIT TTM 432.7m / Avg Total Assets 5.14b) |
| D: 0.04 (Book Value of Equity 215.0m / Total Liabilities 4.79b) |
| Altman-Z'' = 1.11 = BB |
| DSRI: 0.45 (Receivables 123.2m/267.9m, Revenue 6.31b/6.15b) |
| GMI: 1.03 (GM 30.13% / 29.33%) |
| AQI: 0.80 (AQ_t 0.16 / AQ_t-1 0.20) |
| SGI: 1.03 (Revenue 6.31b / 6.15b) |
| TATA: -0.03 (NI -93.9m - CFO 34.9m) / TA 5.14b) |
| Beneish M = -3.56 (Cap -4..+1) = AAA |
As of July 16, 2026, the stock is trading at USD 6.56 with a total of 2,311,365 shares traded. Over the past week, the price has changed by +3.14%, over one month by -15.25%, over three months by -4.37% and over the past year by -61.37%.
Current recommended Stop Loss: 5.90 (which is 10.1% or 1.4 ATR below the current price).
Camping World Holdings has received a consensus analysts rating of 4.33. Therefore, it is recommended to buy CWH.
- StrongBuy: 6
- Buy: 4
- Hold: 2
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 13.2 | 100.8% |
P/E Forward = 11.3766
P/S = 0.0622
P/B = 1.8144
P/EG = 1.7
Revenue TTM = 6.31b USD
EBIT TTM = 432.7m USD
EBITDA TTM = 528.2m USD
Long Term Debt = 1.39b USD (from longTermDebt, last quarter)
Short Term Debt = 1.77b USD (from shortTermDebt, last quarter)
Debt = 5.09b USD (from shortLongTermDebtTotal, last quarter) + Leases 1.00b
Net Debt = 4.89b USD (calculated: Debt 5.09b - CCE 199.8m)
Enterprise Value = 5.29b USD (392.6m + Debt 5.09b - CCE 199.8m)
Interest Coverage Ratio = 1.14 (Ebit TTM 432.7m / Interest Expense TTM 379.0m)
EV/FCF = -50.01x (Enterprise Value 5.29b / FCF TTM -105.7m)
FCF Yield = -2.00% (FCF TTM -105.7m / Enterprise Value 5.29b)
FCF Margin = -1.67% (FCF TTM -105.7m / Revenue TTM 6.31b)
Net Margin = -1.49% (Net Income TTM -93.9m / Revenue TTM 6.31b)
Gross Margin = 29.33% ((Revenue TTM 6.31b - Cost of Revenue TTM 4.46b) / Revenue TTM)
Gross Margin QoQ = 29.78% (prev 28.82%)
Tobins Q-Ratio = 1.03 (Enterprise Value 5.29b / Total Assets 5.14b)
Interest Expense / Debt = 7.44% (Interest Expense 379.0m / Debt 5.09b)
Taxrate = 21.0% (US federal default 21%)
NOPAT = 341.8m (EBIT 432.7m * (1 - 21.00%))
Current Ratio = 1.17 (Total Current Assets 2.72b / Total Current Liabilities 2.33b)
Debt / Equity = 23.69 (Debt 5.09b / totalStockholderEquity, last quarter 215.0m)
Debt / EBITDA = 9.26 (Net Debt 4.89b / EBITDA 528.2m)
Debt / FCF = -46.30 (negative FCF - burning cash) (Net Debt 4.89b / FCF TTM -105.7m)
Total Stockholder Equity = 270.1m (last 4 quarters mean from totalStockholderEquity)
RoA = -1.83% (Net Income -93.9m / Total Assets 5.14b)
RoE = -34.78% (Net Income TTM -93.9m / Total Stockholder Equity 270.1m)
RoCE = 26.08% (EBIT 432.7m / Capital Employed (Equity 270.1m + L.T.Debt 1.39b))
RoIC = 7.80% (NOPAT 341.8m / Invested Capital 4.38b)
WACC = 6.40% (E(392.6m)/V(5.49b) * Re(13.13%) + D(5.09b)/V(5.49b) * Rd(7.44%) * (1-Tc(0.21)))
Discount Rate = 13.13% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -30.05 | Cagr: -12.14%
[DCF] Fair Price = unknown (Cash Flow -105.7m)
EPS Correlation: N/A | EPS CAGR: N/A | SUE: 1.00 | # QB: 1
Revenue Correlation: 2.08 | Revenue CAGR: 0.06% | SUE: -0.87 | # QB: -1
EPS current Quarter (2026-06-30): EPS=0.57 | Chg30d=-2.18% | Revisions=-50% | Analysts=12
EPS next Quarter (2026-09-30): EPS=0.53 | Chg30d=-0.82% | Revisions=-17% | Analysts=12
EPS current Year (2026-12-31): EPS=0.65 | Chg30d=-0.52% | Revisions=-17% | GrowthEPS=+243.8% | GrowthRev=+1.8%
EPS next Year (2027-12-31): EPS=1.12 | Chg30d=-0.55% | Revisions=+0% | GrowthEPS=+71.2% | GrowthRev=+6.5%
[Analyst] Revisions Ratio: -36% (up=3, down=8)