CWH Stock Analysis: Camping World Holdings | NYSE
Auto & Truck Dealerships | NYSE, USA | Market Cap: 676m USD | 12M Return: -61.4% | US13462K1097 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 10.5M
Qual. Beats: 0
Rev. Trend: 36.2%
Qual. Beats: -2
Warnings
Tailwinds
No distinct edge detected
Seasonality 9.8 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: -97.3m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.01 > 0.02 and ΔFCF/TA 2.12 > 1.0 |
| NWC/Revenue: 7.10% < 20% (prev 8.31%; Δ -1.21% < -1%) |
| CFO/TA 0.05 > 3% & CFO 245.8m > Net Income -97.3m |
| Net Debt (4.52b) to EBITDA (489.9m): 9.23 < 3 |
| Current Ratio: 1.22 > 1.5 & < 3 |
| Outstanding Shares: last quarter (64.2m) vs 12m ago 2.28% < -2% |
| Gross Margin: 28.67% > 18% (prev 30.03%; Δ -1.36% > 0.5%) |
| Asset Turnover: 124.7% > 50% (prev 121.7%; Δ 3.03% > 0%) |
| Interest Coverage Ratio: 1.05 > 6 (EBIT TTM 393.2m / Interest Expense TTM 374.0m) |
| A: 0.09 (Total Current Assets 2.45b - Total Current Liabilities 2.01b) / Total Assets 4.86b |
| B: 0.00 (Retained Earnings 21.5m / Total Assets 4.86b) |
| C: 0.08 (EBIT TTM 393.2m / Avg Total Assets 5.03b) |
| D: 0.06 (Book Value of Equity 245.7m / Total Liabilities 4.46b) |
| Altman-Z'' = 1.20 = BB |
| DSRI: 0.54 (Receivables 162.0m/301.6m, Revenue 6.27b/6.32b) |
| GMI: 1.05 (GM 30.03% / 28.67%) |
| AQI: 0.84 (AQ_t 0.16 / AQ_t-1 0.19) |
| SGI: 0.99 (Revenue 6.27b / 6.32b) |
| TATA: -0.07 (NI -97.3m - CFO 245.8m) / TA 4.86b) |
| Beneish M = -3.47 (Cap -4..+1) = AA |
As of August 31, 2026, the stock is trading at USD 6.53 with a total of 1,337,212 shares traded. Over the past week, the price has changed by -0.15%, over one month by +3.65%, over three months by -13.16% and over the past year by -61.37%.
Current recommended Stop Loss: 6.00 (which is 8.1% or 1.6 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 | 10.9 | 67.5% |
P/E Forward = 18.6916
P/S = 0.1078
P/B = 2.7495
P/EG = 1.7
Revenue TTM = 6.27b USD
EBIT TTM = 393.2m USD
EBITDA TTM = 489.9m USD
Long Term Debt = 1.38b USD (from longTermDebt, last quarter)
Short Term Debt = 1.43b USD (from shortTermDebt, last quarter)
Debt = 4.74b USD (from shortLongTermDebtTotal, last quarter) + Leases 1.01b
Net Debt = 4.52b USD (calculated: Debt 4.74b - CCE 224.1m)
Enterprise Value = 5.20b USD (675.5m + Debt 4.74b - CCE 224.1m)
Interest Coverage Ratio = 1.05 (Ebit TTM 393.2m / Interest Expense TTM 374.0m)
EV/FCF = 103.9x (Enterprise Value 5.20b / FCF TTM 50.0m)
FCF Yield = 0.96% (FCF TTM 50.0m / Enterprise Value 5.20b)
FCF Margin = 0.80% (FCF TTM 50.0m / Revenue TTM 6.27b)
Net Margin = -1.55% (Net Income TTM -97.3m / Revenue TTM 6.27b)
Gross Margin = 28.67% ((Revenue TTM 6.27b - Cost of Revenue TTM 4.47b) / Revenue TTM)
Gross Margin QoQ = 27.84% (prev 29.78%)
Tobins Q-Ratio = 1.07 (Enterprise Value 5.20b / Total Assets 4.86b)
Interest Expense / Debt = 7.88% (Interest Expense 374.0m / Debt 4.74b)
Taxrate = 3.04% (1.37m / 45.1m)
NOPAT = 381.2m (EBIT 393.2m * (1 - 3.04%))
Current Ratio = 1.22 (Total Current Assets 2.45b / Total Current Liabilities 2.01b)
Debt / Equity = 19.31 (Debt 4.74b / totalStockholderEquity, last quarter 245.7m)
Debt / EBITDA = 9.23 (Net Debt 4.52b / EBITDA 489.9m)
Debt / FCF = 90.42 (Net Debt 4.52b / FCF TTM 50.0m)
Total Stockholder Equity = 246.4m (last 4 quarters mean from totalStockholderEquity)
RoA = -1.94% (Net Income -97.3m / Total Assets 4.86b)
RoE = -39.48% (Net Income TTM -97.3m / Total Stockholder Equity 246.4m)
RoCE = 24.21% (EBIT 393.2m / Capital Employed (Equity 246.4m + L.T.Debt 1.38b))
RoIC = 9.41% (NOPAT 381.2m / Invested Capital 4.05b)
WACC = 8.30% (E(675.5m)/V(5.42b) * Re(12.93%) + D(4.74b)/V(5.42b) * Rd(7.88%) * (1-Tc(0.03)))
Discount Rate = 12.93% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -21.43 | Cagr: -11.78%
[DCF] Terminal Value 75.44% ; FCFF base≈50.0m ; Y1≈50.2m ; Y5≈53.2m
[DCF] Fair Price = N/A (negative equity: EV 827.1m - Net Debt 4.52b = -3.69b; debt exceeds intrinsic value)
EPS Correlation: N/A | EPS CAGR: N/A | SUE: -0.19 | # QB: 0
Revenue Correlation: 36.22 | Revenue CAGR: 0.94% | SUE: -0.88 | # QB: -2
EPS current Quarter (2026-09-30): EPS=0.25 | Chg30d=-53.00% | Revisions=-75% | Analysts=10
EPS current Year (2026-12-31): EPS=0.35 | Chg30d=-48.19% | Revisions=-58% | GrowthEPS=+83.7% | GrowthRev=-3.1%
EPS next Year (2027-12-31): EPS=0.87 | Chg30d=-22.47% | Revisions=-58% | GrowthEPS=+148.4% | GrowthRev=+5.6%
[Analyst] Revisions Ratio: -77% (up=2, down=25)