WGO Stock Analysis: Winnebago Industries | NYSE
Recreational Vehicles | NYSE, USA | Market Cap: 840m USD | 12M Return: -16.3% | US9746371007 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 14.4M
EPS Trend: -83.2%
Qual. Beats: 0
Rev. Trend: -78.7%
Qual. Beats: -1
Warnings
Tailwinds
No distinct edge detected
Seasonality 11.6 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.
Winnebago Industries, Inc. is a U.S. manufacturer of outdoor lifestyle products operating through three segments: Towable RV, Motorhome RV, and Marine. The company produces non-motorized towables (travel trailers, fifth wheels, folding campers, truck campers, and park models) and self-propelled motorhomes under the Winnebago, Grand Design, and Newmar brands, while also building recreational boats under the Chris-Craft and Barletta brands. Beyond core recreation products, Winnebago makes specialty commercial vehicles for applications such as mobile medical clinics and law enforcement command centers, and produces OEM parts for other manufacturers. Products are sold primarily through independent dealers across the U.S., Canada, and select international markets. The company is headquartered in Eden Prairie, Minnesota, and was incorporated in 1958.
Winnebago operates in the consumer discretionary sector, where demand for RVs and boats is highly cyclical and tied to disposable income, consumer confidence, and fuel costs. Its dealer-based distribution model is standard across the RV and marine industries, relying on a fragmented network of independent retailers rather than direct-to-consumer sales, which provides geographic reach but exposes the company to dealer inventory levels and wholesale credit conditions.
- Towable RV wholesale orders soften amid dealer destocking and weak demand
- Marine segment drives growth through Barletta acquisition expansion
- Margin compression persists as input costs and RV incentives pressure profitability
| Net Income: 38.5m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.09 > 0.02 and ΔFCF/TA 11.31 > 1.0 |
| NWC/Revenue: 14.51% < 20% (prev 16.20%; Δ -1.69% < -1%) |
| CFO/TA 0.10 > 3% & CFO 207.6m > Net Income 38.5m |
| Net Debt (454.0m) to EBITDA (128.2m): 3.54 < 3 |
| Current Ratio: 2.37 > 1.5 & < 3 |
| Outstanding Shares: last quarter (28.4m) vs 12m ago 0.0% < -2% |
| Gross Margin: 13.00% > 18% (prev 13.13%; Δ -0.13% > 0.5%) |
| Asset Turnover: 136.0% > 50% (prev 128.6%; Δ 7.42% > 0%) |
| Interest Coverage Ratio: 2.97 > 6 (EBIT TTM 68.0m / Interest Expense TTM 22.9m) |
| A: 0.20 (Total Current Assets 711.3m - Total Current Liabilities 299.7m) / Total Assets 2.04b |
| B: 0.84 (Retained Earnings 1.70b / Total Assets 2.04b) |
| C: 0.03 (EBIT TTM 68.0m / Avg Total Assets 2.09b) |
| D: 1.54 (Book Value of Equity 1.23b / Total Liabilities 804.1m) |
| Altman-Z'' = 5.88 = AAA |
| DSRI: 0.78 (Receivables 194.9m/242.9m, Revenue 2.84b/2.74b) |
| GMI: 1.01 (GM 13.13% / 13.00%) |
| AQI: 1.02 (AQ_t 0.48 / AQ_t-1 0.47) |
| SGI: 1.03 (Revenue 2.84b / 2.74b) |
| TATA: -0.08 (NI 38.5m - CFO 207.6m) / TA 2.04b) |
| Beneish M = -3.17 (Cap -4..+1) = AA |
As of September 15, 2026, the stock is trading at USD 28.25 with a total of 583,973 shares traded. Over the past week, the price has changed by -4.84%, over one month by -12.79%, over three months by +1.69% and over the past year by -16.32%.
Current recommended Stop Loss: 26.70 (which is 5.5% or 1.4 ATR below the current price).
Winnebago Industries has received a consensus analysts rating of 4.07. Therefore, it is recommended to buy WGO.
- StrongBuy: 7
- Buy: 1
- Hold: 6
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 38 | 34.5% |
P/E Trailing = 21.8603
P/E Forward = 13.0378
P/S = 0.2963
P/B = 0.7106
P/EG = 0.2332
Revenue TTM = 2.84b USD
EBIT TTM = 68.0m USD
EBITDA TTM = 128.2m USD
Long Term Debt = 442.9m USD (from longTermDebt, last quarter)
Short Term Debt = 9.30m USD (from shortTermDebt, last fiscal year)
Debt = 511.1m USD (from shortLongTermDebtTotal, last quarter) + Leases 34.1m
Net Debt = 454.0m USD (calculated: Debt 511.1m - CCE 57.1m)
Enterprise Value = 1.29b USD (840.4m + Debt 511.1m - CCE 57.1m)
Interest Coverage Ratio = 2.97 (Ebit TTM 68.0m / Interest Expense TTM 22.9m)
EV/FCF = 7.17x (Enterprise Value 1.29b / FCF TTM 180.6m)
FCF Yield = 13.95% (FCF TTM 180.6m / Enterprise Value 1.29b)
FCF Margin = 6.37% (FCF TTM 180.6m / Revenue TTM 2.84b)
Net Margin = 1.36% (Net Income TTM 38.5m / Revenue TTM 2.84b)
Gross Margin = 13.00% ((Revenue TTM 2.84b - Cost of Revenue TTM 2.47b) / Revenue TTM)
Gross Margin QoQ = 13.58% (prev 13.02%)
Tobins Q-Ratio = 0.63 (Enterprise Value 1.29b / Total Assets 2.04b)
Interest Expense / Debt = 4.48% (Interest Expense 22.9m / Debt 511.1m)
Taxrate = 14.63% (6.60m / 45.1m)
NOPAT = 58.0m (EBIT 68.0m * (1 - 14.63%))
Current Ratio = 2.37 (Total Current Assets 711.3m / Total Current Liabilities 299.7m)
Debt / Equity = 0.41 (Debt 511.1m / totalStockholderEquity, last quarter 1.23b)
Debt / EBITDA = 3.54 (Net Debt 454.0m / EBITDA 128.2m)
Debt / FCF = 2.51 (Net Debt 454.0m / FCF TTM 180.6m)
Total Stockholder Equity = 1.23b (last 4 quarters mean from totalStockholderEquity)
RoA = 1.85% (Net Income 38.5m / Total Assets 2.04b)
RoE = 3.13% (Net Income TTM 38.5m / Total Stockholder Equity 1.23b)
RoCE = 4.06% (EBIT 68.0m / Capital Employed (Equity 1.23b + L.T.Debt 442.9m))
RoIC = 3.43% (NOPAT 58.0m / Invested Capital 1.69b)
WACC = 7.77% (E(840.4m)/V(1.35b) * Re(10.17%) + D(511.1m)/V(1.35b) * Rd(4.48%) * (1-Tc(0.15)))
Discount Rate = 10.17% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -69.25 | Cagr: -1.23%
[DCF] Terminal Value 75.44% ; FCFF base≈180.6m ; Y1≈181.3m ; Y5≈192.1m
[DCF] Fair Price = 89.63 (EV 2.99b - Net Debt 454.0m = Equity 2.53b / Shares 28.3m; r=8.35% [WACC [floored]]; 5y FCF grow 0.0% → 2.50% )
EPS Correlation: -83.18 | EPS CAGR: -43.12% | SUE: -0.58 | # QB: 0
Revenue Correlation: -78.67 | Revenue CAGR: -6.34% | SUE: -1.58 | # QB: -1
EPS current Quarter (2026-11-30): EPS=0.40 | Chg30d=-6.34% | Revisions=-62% | Analysts=11
EPS current Year (2026-08-31): EPS=1.80 | Chg30d=-2.18% | Revisions=-81% | GrowthEPS=+8.1% | GrowthRev=-2.8%
EPS next Year (2027-08-31): EPS=2.39 | Chg30d=-4.70% | Revisions=-81% | GrowthEPS=+32.5% | GrowthRev=+4.4%
[Analyst] Revisions Ratio: -91% (up=0, down=31)