Thor Historical Financial Ratios
THO Stock | USD 115.54 3.36 3.00% |
Thor Industries is promptly reporting on over 112 different financial statement accounts. To analyze all of these accounts together requires a lot of time and effort. However, using these accounts to derive some meaningful and actionable indicators such as Book Value Per Share of 79.65, Free Cash Flow Yield of 0.0439, Invested Capital of 0.0 or Operating Cash Flow Per Share of 10.67 will help investors to properly organize and evaluate Thor Industries financial condition quickly.
Thor |
About Thor Financial Ratios Analysis
Thor IndustriesFinancial ratios are relationships based on a company's financial information. They can serve as useful tools to evaluate Thor Industries investment potential. Financial ratio analysis can also be defined as the process of presenting financial ratios, which are mathematical indicators calculated by comparing key financial information appearing on Thor financial statements. Financial ratios are useful tools that help investors analyze and compare relationships between different pieces of financial information across Thor Industries history.
Thor Industries Financial Ratios Chart
Add Fundamental
Price To Sales Ratio
Price to Sales Ratio is figured by comparing Thor Industries stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Thor Industries sales, a figure that is much harder to manipulate than other Thor Industries multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company's stock price to its revenues, calculated by dividing the company's market cap by its total sales or revenue over a 12-month period.Dividend Yield
Dividend Yield is Thor Industries dividend as a percentage of Thor Industries stock price. Thor Industries dividend yield is a measure of Thor Industries stock productivity, which can be interpreted as interest rate earned on an Thor Industries investment. A financial ratio that shows how much a company pays out in dividends each year relative to its stock price, calculated as annual dividends per share divided by price per share.Asset Turnover
The ratio of net sales to average total assets, indicating how efficiently a company uses its assets to generate sales.Most ratios from Thor Industries' fundamentals are interrelated and interconnected. However, analyzing fundamentals ratios one by one will only give a small insight into Thor Industries current financial condition. On the other hand, looking into the entire matrix of fundamentals ratios, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Thor Industries. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate. To learn how to invest in Thor Stock, please use our How to Invest in Thor Industries guide.At this time, Thor Industries' ROIC is very stable compared to the past year. As of the 26th of November 2024, Inventory Turnover is likely to grow to 8.67, while Price To Sales Ratio is likely to drop 0.45.
2021 | 2022 | 2023 | 2024 (projected) | Dividend Yield | 0.0205 | 0.0155 | 0.0179 | 0.0128 | Price To Sales Ratio | 0.28 | 0.56 | 0.57 | 0.45 |
Thor Industries fundamentals Correlations
Click cells to compare fundamentals
Thor Industries Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Thor Industries fundamentals Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Price To Sales Ratio | 0.77 | 0.53 | 0.28 | 0.56 | 0.57 | 0.45 | |
Dividend Yield | 0.014 | 0.0139 | 0.0205 | 0.0155 | 0.0179 | 0.0128 | |
Ptb Ratio | 2.68 | 2.24 | 1.3 | 1.55 | 1.4 | 1.8 | |
Days Sales Outstanding | 36.39 | 28.15 | 21.13 | 21.11 | 25.47 | 20.3 | |
Book Value Per Share | 42.51 | 53.28 | 65.43 | 74.49 | 75.86 | 79.65 | |
Free Cash Flow Yield | 0.069 | 0.0607 | 0.16 | 0.13 | 0.0712 | 0.0439 | |
Operating Cash Flow Per Share | 9.8 | 9.51 | 17.99 | 18.36 | 10.16 | 10.67 | |
Stock Based Compensation To Revenue | 0.002435 | 0.002477 | 0.001926 | 0.003553 | 0.003774 | 0.003962 | |
Capex To Depreciation | 0.54 | 0.56 | 0.85 | 0.75 | 0.5 | 0.48 | |
Pb Ratio | 2.68 | 2.24 | 1.3 | 1.55 | 1.4 | 1.8 | |
Free Cash Flow Per Share | 7.87 | 7.19 | 13.59 | 14.46 | 7.56 | 7.94 | |
Inventory Turnover | 9.84 | 7.61 | 7.7 | 5.76 | 6.29 | 8.67 | |
Net Income Per Share | 4.04 | 11.93 | 20.67 | 7.0 | 4.94 | 5.19 | |
Days Of Inventory On Hand | 37.09 | 47.96 | 47.42 | 63.34 | 58.06 | 39.85 | |
Payables Turnover | 11.08 | 11.39 | 16.42 | 12.94 | 13.68 | 18.5 | |
Sales General And Administrative To Revenue | 0.0694 | 0.067 | 0.065 | 0.0723 | 0.0815 | 0.051 | |
Research And Ddevelopement To Revenue | 0.002341 | 0.002174 | 0.002391 | 0.00329 | 0.004917 | 0.005162 | |
Capex To Revenue | 0.0131 | 0.0105 | 0.0149 | 0.0187 | 0.0139 | 0.00864 | |
Cash Per Share | 9.81 | 8.06 | 5.66 | 8.25 | 9.33 | 9.8 | |
Pocfratio | 11.63 | 12.44 | 4.68 | 6.29 | 10.45 | 9.93 | |
Interest Coverage | 1.74 | 9.95 | 16.8 | 6.12 | 5.72 | 5.43 | |
Payout Ratio | 0.4 | 0.14 | 0.0834 | 0.26 | 0.38 | 0.21 | |
Pfcf Ratio | 14.48 | 16.47 | 6.2 | 7.99 | 14.04 | 13.34 | |
Days Payables Outstanding | 32.96 | 32.05 | 22.23 | 28.21 | 26.69 | 18.32 | |
Income Quality | 2.44 | 0.8 | 0.87 | 2.62 | 2.06 | 1.03 | |
Roe | 0.0951 | 0.23 | 0.32 | 0.0941 | 0.0652 | 0.13 | |
Ev To Operating Cash Flow | 13.68 | 14.62 | 6.14 | 7.17 | 11.61 | 19.4 | |
Pe Ratio | 28.21 | 9.93 | 4.08 | 16.5 | 21.49 | 19.99 | |
Ev To Free Cash Flow | 17.04 | 19.36 | 8.13 | 9.1 | 15.6 | 14.82 | |
Earnings Yield | 0.0355 | 0.1 | 0.25 | 0.0606 | 0.0465 | 0.058 | |
Net Debt To E B I T D A | 1.91 | 1.01 | 0.79 | 1.0 | 0.9 | 0.95 | |
Tangible Book Value Per Share | (0.83) | 8.09 | 12.34 | 22.18 | 26.55 | 27.88 |
Pair Trading with Thor 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 Thor 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 Thor Industries will appreciate offsetting losses from the drop in the long position's value.Moving together with Thor Stock
Moving against Thor Stock
0.59 | SES | SES AI Corp | PairCorr |
0.5 | GGR | Gogoro Inc | PairCorr |
0.44 | VLCN | Volcon Inc Trending | PairCorr |
0.42 | FFIE | Faraday Future Intel | PairCorr |
0.41 | QS | Quantumscape Corp | PairCorr |
The ability to find closely correlated positions to Thor 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 Thor 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 Thor 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 Thor Industries to buy it.
The correlation of Thor 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 Thor Industries moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Thor 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 Thor 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Thor Industries. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate. To learn how to invest in Thor Stock, please use our How to Invest in Thor Industries guide.You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.
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 Thor Industries. If investors know Thor 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 Thor 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 0.001 | Dividend Share 1.92 | Earnings Share 4.94 | Revenue Per Share 188.614 | Quarterly Revenue Growth (0.07) |
The market value of Thor Industries is measured differently than its book value, which is the value of Thor that is recorded on the company's balance sheet. Investors also form their own opinion of Thor Industries' value that differs from its market value or its book value, called intrinsic value, which is Thor 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 Thor Industries' market value can be influenced by many factors that don't directly affect Thor 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 Thor Industries' value and its price as these two are different measures arrived at by different means. Investors typically determine if Thor Industries is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Thor 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.