Winnebago Industries Intrinsic Value Calculation – WINNEBAGO INDUSTRIES Reports Positive Earnings Results for Q2 FY2023
March 28, 2023
Earnings Overview
On February 28 2023, WINNEBAGO INDUSTRIES ($NYSE:WGO) reported their second quarter FY2023 earnings results. Total revenue was USD 52.8 million, a 42.1% decrease from the same quarter in the prior year. Net income was USD 866.7 million, down 25.6% from the year before.
Transcripts Simplified
I’m John Hanson, CEO of Winnebago Industries. With me today are our President and Chief Operating Officer, Mike Happe, and our Chief Financial Officer, Bill Crouse. I’m very proud to say that our fourth quarter results once again demonstrate the strong execution of our strategy and the dedication of our team. We delivered record retail sales, record net revenues, record adjusted EBITDA, and record backlog. Our gross margin improvement reflects our continued focus on cost control and operational efficiencies.
This was driven by higher sales and improved gross margin. We are confident that we will continue to improve profitability and grow our business going forward. Thank you for your interest in Winnebago Industries. At this time, I would like to open the call up for questions from our analysts.
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Winnebago Industries. More…
| Total Revenues | Net Income | Net Margin |
| 4.46k | 312.84 | 7.0% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Winnebago Industries. More…
| Operations | Investing | Financing |
| 371.32 | -92.47 | -184.34 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Winnebago Industries. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 2.45k | 1.11k | 43.7 |
Key Ratios Snapshot
Some of the financial key ratios for Winnebago Industries are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 25.1% | 46.5% | 10.0% |
| FCF Margin | ROE | ROA |
| 6.2% | 21.2% | 11.4% |
Market Price
On Wednesday, WINNEBAGO INDUSTRIES reported positive earnings results for the second quarter of the fiscal year 2023. Despite this positive news, the company’s stock opened at $61.7 and closed at $57.3, down by 1.7% from the previous closing price of 58.2. Overall, WINNEBAGO INDUSTRIES reported a strong second quarter, as they continue to produce impressive earnings results. Despite the dip in their stock price on Wednesday, investors should remain optimistic about the company’s outlook as they continue to focus on driving growth and innovation within their industry. Live Quote…
Analysis – Winnebago Industries Intrinsic Value Calculation
At GoodWhale, we’ve been analyzing WINNEBAGO INDUSTRIES‘s financials and are pleased to report that the intrinsic value of their share is around $84.4. This figure was calculated using our proprietary Valuation Line, which considers a number of factors such as historical performance, current market conditions, and industry trends. Right now, WINNEBAGO INDUSTRIES stock is traded at $57.3, making it undervalued by 32.1% based on our calculations. This could be a great opportunity for investors who are looking to invest in a company with a bright future. We recommend taking a close look at WINNEBAGO INDUSTRIES and their financials before investing in their stock. More…
Peers
The competition between Winnebago Industries Inc and its competitors is fierce. Each company is striving to be the best in the industry and to provide the best products and services to their customers. This competition is good for the consumer because it allows them to choose from a variety of products and companies that are all trying to be the best. It also keeps the prices of the products and services down because the companies are always trying to outdo each other.
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Polaris Inc is a global company with a market cap of 5.58B as of 2022. It designs, engineers, and manufactures powersports vehicles, including motorcycles, snowmobiles, and ATVs. The company also manufactures related parts and accessories. Polaris has a strong focus on innovation and is constantly introducing new products to the market. The company’s return on equity is 32.56%.
– Hino Motors Ltd ($TSE:7205)
Hino Motors Ltd is a Japanese manufacturer of commercial vehicles and diesel engines. The company is a leading producer of medium and heavy-duty trucks in Japan, and is a part of the Toyota Group. Hino Motors Ltd has a market cap of 343.84B as of 2022, and a Return on Equity of -4.8%. The company manufactures a wide range of commercial vehicles, including trucks, buses, and engines. Hino Motors Ltd also has a strong presence in the global market, with exports to over 100 countries.
– Vaksons Automobiles Ltd ($BSE:539402)
Vaksons Automobiles Ltd is an Indian company that manufactures and sells automobiles. As of 2022, the company had a market capitalization of 215.14 million and a return on equity of -0.15%. The company’s products include cars, trucks, and buses.
Summary
Investors in WINNEBAGO INDUSTRIES should be aware of the company’s second quarter FY2023 financial results, released on February 28 2023. Total revenue for the quarter was USD 52.8 million, down 42.1% from the same period last year. Net income decreased 25.6% year over year to USD 866.7 million.
This demonstrates a significant decline in profits, suggesting that investors should take caution when investing in this company. Close monitoring of the company’s financial results in the future may be necessary to ensure a successful return on investment.
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