Winnebago Net Income vs Net Income Per E B T Analysis

WGO Stock  USD 58.54  0.14  0.24%   
Winnebago Industries financial indicator trend analysis is more than just analyzing Winnebago Industries current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Winnebago Industries is a good investment. Please check the relationship between Winnebago Industries Net Income and its Net Income Per E B T accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Winnebago 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 price.
To learn how to invest in Winnebago Stock, please use our How to Invest in Winnebago Industries guide.

Net Income vs Net Income Per E B T

Net Income vs Net Income Per E B T Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Winnebago Industries Net Income account and Net Income Per E B T. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Winnebago Industries' Net Income and Net Income Per E B T is -0.06. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Net Income Per E B T in the same time period over historical financial statements of Winnebago Industries, assuming nothing else is changed. The correlation between historical values of Winnebago Industries' Net Income and Net Income Per E B T is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Income of Winnebago Industries are associated (or correlated) with its Net Income Per E B T. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income Per E B T has no effect on the direction of Net Income i.e., Winnebago Industries' Net Income and Net Income Per E B T go up and down completely randomly.

Correlation Coefficient

-0.06
Relationship DirectionNegative 
Relationship StrengthInsignificant

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Winnebago Industries financial statement analysis. It represents the amount of money remaining after all of Winnebago Industries operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Net Income Per E B T

Most indicators from Winnebago Industries' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Winnebago Industries current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Winnebago 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 price.
To learn how to invest in Winnebago Stock, please use our How to Invest in Winnebago Industries guide.At this time, Winnebago Industries' Selling General Administrative is very stable compared to the past year. As of the 29th of November 2024, Tax Provision is likely to grow to about 50.4 M, while Enterprise Value Over EBITDA is likely to drop 17.32.
 2021 2022 2023 2024 (projected)
Gross Profit929.3M586.1M433.5M455.2M
Total Revenue5.0B3.5B3.0B3.1B

Winnebago Industries fundamental ratios Correlations

0.950.920.981.00.970.870.960.880.99-0.170.870.90.040.990.950.87-0.21.00.90.980.080.950.330.630.34
0.950.860.920.950.940.830.930.860.94-0.150.850.85-0.060.940.880.76-0.270.940.890.930.070.880.370.720.39
0.920.860.940.910.880.690.850.870.88-0.160.870.830.130.890.920.9-0.10.920.780.950.10.930.220.50.23
0.980.920.940.970.930.830.920.870.96-0.210.870.920.030.960.960.91-0.160.980.820.980.060.990.330.630.34
1.00.950.910.970.980.870.970.870.99-0.150.860.870.050.980.970.87-0.230.980.920.970.060.940.320.620.33
0.970.940.880.930.980.860.970.850.970.010.850.780.090.950.950.86-0.270.950.970.940.040.870.250.540.26
0.870.830.690.830.870.860.830.570.930.020.570.790.070.890.80.68-0.160.880.820.760.340.780.280.620.29
0.960.930.850.920.970.970.830.820.95-0.030.810.78-0.150.930.960.84-0.470.930.940.930.070.850.450.610.47
0.880.860.870.870.870.850.570.820.81-0.341.00.770.040.870.810.75-0.120.880.780.94-0.170.860.270.450.28
0.990.940.880.960.990.970.930.950.81-0.120.810.880.060.990.930.84-0.190.990.90.940.130.920.320.640.33
-0.17-0.15-0.16-0.21-0.150.010.02-0.03-0.34-0.12-0.34-0.450.02-0.19-0.030.03-0.35-0.20.14-0.250.05-0.3-0.19-0.36-0.18
0.870.850.870.870.860.850.570.811.00.81-0.340.770.030.870.810.75-0.120.880.780.94-0.180.850.270.440.28
0.90.850.830.920.870.780.790.780.770.88-0.450.770.00.90.790.730.010.920.630.880.160.950.370.770.38
0.04-0.060.130.030.050.090.07-0.150.040.060.020.030.00.040.020.120.80.040.050.02-0.050.09-0.87-0.27-0.87
0.990.940.890.960.980.950.890.930.870.99-0.190.870.90.040.90.82-0.160.990.880.960.110.930.340.610.35
0.950.880.920.960.970.950.80.960.810.93-0.030.810.790.020.90.94-0.330.930.890.950.060.910.310.540.32
0.870.760.90.910.870.860.680.840.750.840.030.750.730.120.820.94-0.180.860.760.89-0.080.90.190.410.19
-0.2-0.27-0.1-0.16-0.23-0.27-0.16-0.47-0.12-0.19-0.35-0.120.010.8-0.16-0.33-0.18-0.16-0.39-0.2-0.06-0.04-0.72-0.21-0.72
1.00.940.920.980.980.950.880.930.880.99-0.20.880.920.040.990.930.86-0.160.870.970.090.960.340.620.35
0.90.890.780.820.920.970.820.940.780.90.140.780.630.050.880.890.76-0.390.870.860.060.740.240.440.25
0.980.930.950.980.970.940.760.930.940.94-0.250.940.880.020.960.950.89-0.20.970.86-0.010.960.330.590.34
0.080.070.10.060.060.040.340.07-0.170.130.05-0.180.16-0.050.110.06-0.08-0.060.090.06-0.010.020.110.180.12
0.950.880.930.990.940.870.780.850.860.92-0.30.850.950.090.930.910.9-0.040.960.740.960.020.280.640.29
0.330.370.220.330.320.250.280.450.270.32-0.190.270.37-0.870.340.310.19-0.720.340.240.330.110.280.51.0
0.630.720.50.630.620.540.620.610.450.64-0.360.440.77-0.270.610.540.41-0.210.620.440.590.180.640.50.51
0.340.390.230.340.330.260.290.470.280.33-0.180.280.38-0.870.350.320.19-0.720.350.250.340.120.291.00.51
Click cells to compare fundamentals

Winnebago Industries Account Relationship Matchups

Winnebago Industries fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.7B2.1B2.4B2.4B2.4B2.5B
Short Long Term Debt Total539.7M555.3M586.3M634.4M741.8M778.9M
Other Current Liab167.9M227.2M304.0M249.1M200.9M210.9M
Total Current Liabilities300.4M407.3M522.1M396M404.7M424.9M
Total Stockholder Equity827.5M1.1B1.3B1.4B1.3B1.3B
Property Plant And Equipment Net204.4M219.8M317.4M369.9M385.5M404.8M
Net Debt247.1M120.7M304.1M324.5M410.9M431.4M
Retained Earnings913.6M1.2B1.5B1.7B1.7B1.8B
Cash292.6M434.6M282.2M309.9M330.9M347.4M
Non Current Assets Total1.0B1.0B1.3B1.4B1.4B1.5B
Non Currrent Assets Other(590K)(35.6M)14.2M8.3M17.2M17.7M
Cash And Short Term Investments292.6M434.6M282.2M309.9M330.9M347.4M
Net Receivables220.8M253.8M254.1M178.5M183.5M192.7M
Common Stock Shares Outstanding33.5M34.1M33.0M35.4M29.5M31.2M
Liabilities And Stockholders Equity1.7B2.1B2.4B2.4B2.4B2.5B
Non Current Liabilities Total585.8M598.3M631.6M668.3M706.2M741.5M
Inventory182.9M341.5M525.8M470.6M438.7M460.6M
Other Current Assets17.3M29.1M63.5M37.7M35.6M37.4M
Other Stockholder Equity(111.5M)(141.5M)(300.0M)(405.2M)(475.5M)(451.7M)
Total Liab886.2M1.0B1.2B1.1B1.1B1.2B
Property Plant And Equipment Gross204.4M219.8M317.4M573M616.6M647.4M
Total Current Assets713.6M1.1B1.1B996.7M988.7M1.0B
Short Term Debt3.2M13.4M5.7M7.2M59.1M62.1M
Accounts Payable132.5M180.0M217.5M146.9M144.7M151.9M
Intangible Assets404.8M390.4M472.4M502M479M503.0M
Other Liab41.3M37.7M45.3M26.2M23.6M22.4M
Other Assets38.5M16.6M48.9M20M18M17.1M
Treasury Stock(347.4M)(351.3M)(315.3M)(359.9M)(323.9M)(340.1M)
Property Plant Equipment174.9M219.8M276.2M369.9M425.4M446.7M
Current Deferred Revenue(3.2M)13.4M6.1M(7.2M)144.1M151.3M
Net Tangible Assets74.6M318.5M306.4M351.6M404.3M424.6M
Long Term Debt512.6M528.6M545.9M592.4M637.1M669.0M
Retained Earnings Total Equity866.9M913.6M1.2B1.5B1.8B1.9B
Capital Surpluse203.8M218.5M256.2M197.7M227.4M118.1M

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 against Winnebago Stock

  0.39HMC Honda MotorPairCorr
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 CorrelationCorrelation 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:
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Winnebago 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 price.
To learn how to invest in Winnebago Stock, please use our How to Invest in Winnebago Industries guide.
You can also try the ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.
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.