Winnebago Industries Stock Z Score

WGO Stock

USD 61.10 2.17 3.68%

Altman Z Score is one of the simplest fundamental models to determine how likely your company is to fail. The module uses available fundamental data of a given equity to approximate the Altman Z score. Altman Z Score is determined by evaluating five fundamental price points available from the company's current public disclosure documents. Check out Winnebago Industries Piotroski F Score and Winnebago Industries Valuation analysis.

To learn how to invest in Winnebago Stock, please use our How to Invest in Winnebago Industries guide.

At this time, Winnebago Industries' Additional Paid In Capital is very stable compared to the past year. As of the 26th of November 2024, Capital Expenditures is likely to grow to about 47.2 M, while Capital Surpluse is likely to drop about 118.1 M. At this time, Winnebago Industries' Cost Of Revenue is very stable compared to the past year. As of the 26th of November 2024, Total Operating Expenses is likely to grow to about 350 M, while Operating Income is likely to drop about 77.8 M.

Winnebago Industries Company Z Score Analysis

Winnebago Industries' Z-Score is a simple linear, multi-factor model that measures the financial health and economic stability of a company. The score is used to predict the probability of a firm going into bankruptcy within next 24 months or two fiscal years from the day stated on the accounting statements used to calculate it. The model uses five fundamental business ratios that are weighted according to algorithm of Professor Edward Altman who developed it in the late 1960s at New York University..

Z Score

Sum Of

5 Factors

More About Z Score | All Equity Analysis

First Factor

1.2 * (

Working Capital

/

Total Assets )

Second Factor

1.4 * (

Retained Earnings

/

Total Assets )

Thrid Factor

3.3 * (

EBITAD

/

Total Assets )

Fouth Factor

0.6 * (

Market Value of Equity

/

Total Liabilities )

Fifth Factor

0.99 * (

Revenue

/

Total Assets )

Winnebago Z Score 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 Z Score. 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.

	Total Assets	Total Stockholder Equity	Net Debt	Retained Earnings	Net Receivables	Total Liab	Total Current Assets	Short Term Debt	Accounts Payable	Short Term Investments	Common Stock	Intangible Assets	Treasury Stock	Property Plant Equipment	Current Deferred Revenue	Good Will	Net Tangible Assets	Total Permanent Equity	Capital Surpluse	Long Term Investments	Cash And Equivalents	Net Invested Capital	Short Long Term Debt	Net Working Capital	Capital Stock
Total Assets		1.0	0.87	0.96	0.9	1.0	0.98	0.08	0.95	0.63	0.34	0.98	-0.02	0.95	0.32	0.98	0.59	0.87	0.91	0.6	0.79	0.73	0.32	0.93	0.52
Total Stockholder Equity	1.0		0.87	0.97	0.87	0.98	0.97	0.06	0.94	0.62	0.33	0.97	-0.02	0.96	0.33	0.97	0.63	0.86	0.89	0.59	0.78	0.74	0.3	0.93	0.53
Net Debt	0.87	0.87		0.83	0.79	0.88	0.76	0.34	0.78	0.62	0.29	0.93	0.1	0.85	0.48	0.95	0.26	0.91	0.74	0.59	0.46	0.6	0.49	0.67	0.57
Retained Earnings	0.96	0.97	0.83		0.78	0.93	0.93	0.07	0.85	0.61	0.47	0.91	-0.2	0.96	0.43	0.92	0.7	0.79	0.8	0.59	0.71	0.72	0.26	0.87	0.61
Net Receivables	0.9	0.87	0.79	0.78		0.92	0.88	0.16	0.95	0.77	0.38	0.92	-0.09	0.73	0.14	0.89	0.31	0.9	0.91	0.72	0.71	0.54	0.43	0.83	0.26
Total Liab	1.0	0.98	0.88	0.93	0.92		0.97	0.09	0.96	0.62	0.35	0.98	-0.02	0.92	0.31	0.97	0.55	0.87	0.93	0.59	0.8	0.71	0.34	0.93	0.5
Total Current Assets	0.98	0.97	0.76	0.93	0.88	0.97		-0.01	0.96	0.59	0.34	0.93	-0.07	0.91	0.26	0.91	0.69	0.79	0.92	0.57	0.87	0.71	0.24	0.97	0.48
Short Term Debt	0.08	0.06	0.34	0.07	0.16	0.09	-0.01		0.02	0.18	0.12	0.15	0.0	0.07	0.03	0.17	-0.26	0.29	-0.01	0.17	-0.24	0.02	0.94	-0.09	0.14
Accounts Payable	0.95	0.94	0.78	0.85	0.95	0.96	0.96	0.02		0.64	0.29	0.93	-0.01	0.82	0.16	0.92	0.51	0.83	0.95	0.59	0.8	0.56	0.3	0.93	0.34
Short Term Investments	0.63	0.62	0.62	0.61	0.77	0.62	0.59	0.18	0.64		0.51	0.66	-0.34	0.51	0.11	0.66	0.17	0.78	0.59	0.95	0.36	0.39	0.37	0.5	0.16
Common Stock	0.34	0.33	0.29	0.47	0.38	0.35	0.34	0.12	0.29	0.51		0.31	-0.85	0.27	0.24	0.33	0.17	0.38	0.35	0.46	0.25	0.3	0.15	0.29	0.26
Intangible Assets	0.98	0.97	0.93	0.91	0.92	0.98	0.93	0.15	0.93	0.66	0.31		0.04	0.91	0.31	1.0	0.43	0.92	0.9	0.61	0.72	0.71	0.39	0.88	0.47
Treasury Stock	-0.02	-0.02	0.1	-0.2	-0.09	-0.02	-0.07	0.0	-0.01	-0.34	-0.85	0.04		0.04	-0.02	0.02	-0.13	-0.03	0.01	-0.3	0.02	0.04	0.01	0.0	0.07
Property Plant Equipment	0.95	0.96	0.85	0.96	0.73	0.92	0.91	0.07	0.82	0.51	0.27	0.91	0.04		0.5	0.91	0.72	0.78	0.78	0.5	0.72	0.78	0.24	0.86	0.71
Current Deferred Revenue	0.32	0.33	0.48	0.43	0.14	0.31	0.26	0.03	0.16	0.11	0.24	0.31	-0.02	0.5		0.35	0.35	0.36	0.08	0.15	0.06	0.3	-0.1	0.15	0.83
Good Will	0.98	0.97	0.95	0.92	0.89	0.97	0.91	0.17	0.92	0.66	0.33	1.0	0.02	0.91	0.35		0.44	0.92	0.88	0.62	0.67	0.69	0.4	0.85	0.49
Net Tangible Assets	0.59	0.63	0.26	0.7	0.31	0.55	0.69	-0.26	0.51	0.17	0.17	0.43	-0.13	0.72	0.35	0.44		0.25	0.45	0.22	0.67	0.56	-0.16	0.69	0.59
Total Permanent Equity	0.87	0.86	0.91	0.79	0.9	0.87	0.79	0.29	0.83	0.78	0.38	0.92	-0.03	0.78	0.36	0.92	0.25		0.78	0.71	0.52	0.6	0.48	0.71	0.42
Capital Surpluse	0.91	0.89	0.74	0.8	0.91	0.93	0.92	-0.01	0.95	0.59	0.35	0.9	0.01	0.78	0.08	0.88	0.45	0.78		0.57	0.87	0.66	0.27	0.94	0.34
Long Term Investments	0.6	0.59	0.59	0.59	0.72	0.59	0.57	0.17	0.59	0.95	0.46	0.61	-0.3	0.5	0.15	0.62	0.22	0.71	0.57		0.37	0.4	0.33	0.49	0.22
Cash And Equivalents	0.79	0.78	0.46	0.71	0.71	0.8	0.87	-0.24	0.8	0.36	0.25	0.72	0.02	0.72	0.06	0.67	0.67	0.52	0.87	0.37		0.77	0.01	0.94	0.38
Net Invested Capital	0.73	0.74	0.6	0.72	0.54	0.71	0.71	0.02	0.56	0.39	0.3	0.71	0.04	0.78	0.3	0.69	0.56	0.6	0.66	0.4	0.77		0.17	0.77	0.57
Short Long Term Debt	0.32	0.3	0.49	0.26	0.43	0.34	0.24	0.94	0.3	0.37	0.15	0.39	0.01	0.24	-0.1	0.4	-0.16	0.48	0.27	0.33	0.01	0.17		0.17	0.08
Net Working Capital	0.93	0.93	0.67	0.87	0.83	0.93	0.97	-0.09	0.93	0.5	0.29	0.88	0.0	0.86	0.15	0.85	0.69	0.71	0.94	0.49	0.94	0.77	0.17		0.43
Capital Stock	0.52	0.53	0.57	0.61	0.26	0.5	0.48	0.14	0.34	0.16	0.26	0.47	0.07	0.71	0.83	0.49	0.59	0.42	0.34	0.22	0.38	0.57	0.08	0.43

Click cells to compare fundamentals

To calculate a Z-Score, one would need to know a company's current working capital, its total assets and liabilities, and the amount of its latest earnings as well as earnings before interest and tax. Z-Scores can be used to compare the odds of bankruptcy of companies in a similar line of business or firms operating in the same industry. Companies with Z-Scores above 3.1 are generally considered to be stable and healthy with a low probability of bankruptcy. Scores that fall between 1.8 and 3.1 lie in a so-called 'grey area,' with scores of less than 1 indicating the highest probability of distress. Z Score is a used widely measure by financial auditors, accountants, money managers, loan processors, wealth advisers, and day traders. In the last 25 years, many financial models that utilize z-scores proved it to be successful as a predictor of corporate bankruptcy.

Competition

Predict Winnebago Industries

As per the company's disclosures, Winnebago Industries has a Z Score of 0.0. This is 100.0% lower than that of the Automobiles sector and 100.0% lower than that of the Consumer Discretionary industry. The z score for all United States stocks is 100.0% higher than that of the company.

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 Industries Institutional Holders

Institutional Holdings refers to the ownership stake in Winnebago Industries that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Winnebago Industries' outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Winnebago Industries' value.

		Shares
Bank Of Montreal	2024-06-30	827.1 K
Bmo Capital Markets Corp.	2024-06-30	827.1 K
Morgan Stanley - Brokerage Accounts	2024-06-30	704.2 K
Jpmorgan Chase & Co	2024-06-30	682.2 K
Geode Capital Management, Llc	2024-09-30	661.2 K
Alliancebernstein L.p.	2024-06-30	640.6 K
Broad Peak Investment Advisers Pte. Ltd.	2024-09-30	577.5 K
Charles Schwab Investment Management Inc	2024-09-30	574.9 K
William Blair Investment Management, Llc	2024-09-30	483.9 K
Blackrock Inc	2024-06-30	4.6 M
Vanguard Group Inc	2024-09-30	2.1 M

Winnebago Fundamentals

	Return On Equity	0.0098
	Return On Asset	0.0339
	Profit Margin	0 %
	Operating Margin	0.02 %
	Current Valuation	2.12 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	1.34 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	1.7 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

0.65

Goodyear Tire Rubber

Pair Corr

Moving against Winnebago Stock

0.39	QS	Quantumscape Corp	Pair Corr
0.35	HMC	Honda Motor	Pair Corr

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.

Pair Correlation Correlation Matching

When determining whether Winnebago Industries offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Winnebago Industries' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Winnebago Industries Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Winnebago Industries Stock:

How To Invest In Winnebago

Details

Is Winnebago Stock a good investment?

Details

What is Winnebago Industries' Net Worth?

Details

Largest Automobile Manufacturers Companies

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Largest Automobiles & Components Companies

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Check out Winnebago Industries Piotroski F Score and Winnebago Industries Valuation analysis.

To learn how to invest in Winnebago Stock, please use our How to Invest in Winnebago Industries guide.

You can also try the Bonds Directory module to find actively traded corporate debentures issued by US companies.

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.

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Winnebago Industries Stock Z Score

Winnebago Industries Company Z Score Analysis

Z Score

Sum Of

5 Factors

First Factor

1.2 * (

Working Capital

/

Total Assets )

Second Factor

1.4 * (

Retained Earnings

/

Total Assets )

Thrid Factor

3.3 * (

EBITAD

/

Total Assets )

Fouth Factor

0.6 * (

Market Value of Equity

/

Total Liabilities )

Fifth Factor

0.99 * (

Revenue

/

Total Assets )

Winnebago Z Score Driver Correlations

Winnebago Industries ESG Sustainability

Winnebago Industries Institutional Holders

Winnebago Fundamentals

About Winnebago Industries Fundamental Analysis

Pair Trading with Winnebago Industries

Moving together with Winnebago Stock

Moving against Winnebago Stock

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