Winnebago Industries Stock Return On Asset
WGO Stock | USD 58.50 1.20 2.09% |
Winnebago Industries fundamentals help investors to digest information that contributes to Winnebago Industries' financial success or failures. It also enables traders to predict the movement of Winnebago Stock. The fundamental analysis module provides a way to measure Winnebago Industries' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Winnebago Industries stock.
As of the 22nd of November 2024, Return On Assets is likely to drop to 0.01. Winnebago | Return On Asset |
Winnebago Industries Company Return On Asset Analysis
Winnebago Industries' Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
Current Winnebago Industries Return On Asset | 0.0339 |
Most of Winnebago Industries' fundamental indicators, such as Return On Asset, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Winnebago Industries is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Winnebago Return On Asset Driver Correlations
Understanding the fundamental principles of building solid financial models for Winnebago Industries is extremely important. It helps to project a fair market value of Winnebago Stock properly, considering its historical fundamentals such as Return On Asset. Since Winnebago Industries' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Winnebago Industries' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Winnebago Industries' interrelated accounts and indicators.
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Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
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Winnebago Total Assets
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Based on the latest financial disclosure, Winnebago Industries has a Return On Asset of 0.0339. This is 96.89% lower than that of the Automobiles sector and 94.62% lower than that of the Consumer Discretionary industry. The return on asset for all United States stocks is 124.21% lower than that of the firm.
Winnebago Return On Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Winnebago Industries' direct or indirect competition against its Return On Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Winnebago Industries could also be used in its relative valuation, which is a method of valuing Winnebago Industries by comparing valuation metrics of similar companies.Winnebago Industries is currently under evaluation in return on asset category among its peers.
Winnebago Industries ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Winnebago Industries' sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Winnebago Industries' managers, analysts, and investors.Environmental | Governance | Social |
Winnebago Fundamentals
Return On Equity | 0.0098 | |||
Return On Asset | 0.0339 | |||
Profit Margin | 0 % | |||
Operating Margin | 0.02 % | |||
Current Valuation | 2.1 B | |||
Shares Outstanding | 28.92 M | |||
Shares Owned By Insiders | 3.29 % | |||
Shares Owned By Institutions | 96.71 % | |||
Number Of Shares Shorted | 4.65 M | |||
Price To Earning | 4.94 X | |||
Price To Book | 1.33 X | |||
Price To Sales | 0.57 X | |||
Revenue | 2.97 B | |||
Gross Profit | 586.1 M | |||
EBITDA | 118.1 M | |||
Net Income | 13 M | |||
Cash And Equivalents | 309.9 M | |||
Cash Per Share | 9.25 X | |||
Total Debt | 741.8 M | |||
Debt To Equity | 0.47 % | |||
Current Ratio | 2.10 X | |||
Book Value Per Share | 44.21 X | |||
Cash Flow From Operations | 143.9 M | |||
Short Ratio | 6.53 X | |||
Earnings Per Share | 0.44 X | |||
Price To Earnings To Growth | 0.68 X | |||
Target Price | 65.4 | |||
Number Of Employees | 5.7 K | |||
Beta | 1.61 | |||
Market Capitalization | 1.69 B | |||
Total Asset | 2.38 B | |||
Retained Earnings | 1.72 B | |||
Working Capital | 584 M | |||
Current Asset | 280.59 M | |||
Current Liabilities | 92.95 M | |||
Annual Yield | 0.02 % | |||
Five Year Return | 1.01 % | |||
Net Asset | 2.38 B | |||
Last Dividend Paid | 1.24 |
About Winnebago Industries Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Winnebago Industries's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Winnebago Industries using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Winnebago Industries based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with Winnebago Industries
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 Winnebago 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 Winnebago Industries will appreciate offsetting losses from the drop in the long position's value.Moving together with Winnebago Stock
Moving against Winnebago Stock
The ability to find closely correlated positions to Winnebago 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 Winnebago 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 Winnebago 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 Winnebago Industries to buy it.
The correlation of Winnebago 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 Winnebago Industries moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Winnebago 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 Winnebago 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.Check out Winnebago Industries Piotroski F Score and Winnebago Industries Altman Z Score analysis. To learn how to invest in Winnebago Stock, please use our How to Invest in Winnebago Industries guide.You can also try the ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.
Is Automobile Manufacturers space 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 Winnebago Industries. If investors know Winnebago 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 Winnebago 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 (0.44) | Dividend Share 1.24 | Earnings Share 0.44 | Revenue Per Share 101.832 | Quarterly Revenue Growth (0.07) |
The market value of Winnebago Industries is measured differently than its book value, which is the value of Winnebago that is recorded on the company's balance sheet. Investors also form their own opinion of Winnebago Industries' value that differs from its market value or its book value, called intrinsic value, which is Winnebago 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 Winnebago Industries' market value can be influenced by many factors that don't directly affect Winnebago 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 Winnebago Industries' value and its price as these two are different measures arrived at by different means. Investors typically determine if Winnebago Industries is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Winnebago 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.