THO - NYSE

Thor Industries, Inc.

Thor Industries, Inc.

THOยทNYSE

$79.76

+2.5%
Consumer CyclicalAuto - Recreational Vehicles

Thor Industries, Inc. designs, manufactures, and sells recreational vehicles (RVs), and related parts and accessories in the United States, Canada, and Europe. The company offers travel trailers; gasoline and diesel Class A, Class B, and Class C motorhomes; conventional travel trailers and fifth wheels; luxury fifth wheels; and motorcaravans, caravans, campervans, and urban vehicles. It also provides aluminum extrusion and specialized component products to RV and other manufacturers; and digital products and services for RVs. The company provides its products through independent and non-franchise dealers. The company was founded in 1980 and is based in Elkhart, Indiana.

StatementsValue Model

At a Glance

Live Snapshot
Market Cap$4.20B
EPS4.8700
P/E Ratio16.38
Earnings Date06/03/2026
Thor Industries, Inc.

Thor Industries, Inc. Fair Value Envelope

THO ยท NYSE

Our analysis suggests that THO has a fair value of HIDDEN per share in the Base Case projection. With shares currently trading at $79.76, this represents a potential HIDDEN relative to our calculated worth for Thor Industries, Inc..

HIDDEN
Intrinsic Value
Current Price: $79.76

Owner Earnings Valuation Tool

Warren Buffett's Owner Earnings DCF analysis for intrinsic value calculation

Historical Financial Data

Base year metrics used for projections

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Projection Settings

Forecast period and terminal assumptions

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DCF Valuation Summary

Calculation flow from present value to intrinsic value per share

Present Value$20.4B
+ Cash & Equivalents$586.6M
Firm Value$21.0B
- Debt$923.0M
Equity Value$20.1B
/ Shares Outstanding53,085,497B
DCF Value$379
UNDERVALUED BY 375%

Owner Earnings Projections

Operating Cash Flow - Maintenance CapEx = Owner Earnings

Metric
Year 1
Year 2
Year 3
Year 4
Year 5
Year 6
Year 7
Year 8
Year 9
Year 10
Operating Cash Flow
$647.7M
$725.9M
$813.6M
$911.9M
$1.0B
$1.1B
$1.3B
$1.4B
$1.6B
$1.8B
Maintenance CapEx
-$27.6M
-$30.9M
-$34.6M
-$38.8M
-$43.5M
-$48.8M
-$54.6M
-$61.2M
-$68.6M
-$76.9M
Owner Earnings
$620.2M
$695.0M
$779.0M
$873.1M
$978.5M
$1.1B
$1.2B
$1.4B
$1.5B
$1.7B
Discount Factor
0.926
0.857
0.794
0.735
0.681
0.630
0.583
0.540
0.500
0.463
Present Value
$574.2M
$595.9M
$618.4M
$641.7M
$666.0M
$691.1M
$717.2M
$744.3M
$772.4M
$801.5M
Terminal Value represents 66.6% of Enterprise Value

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