This week the Valens Securities team highlights our most interesting equity insight from across our tools and our analysis.
Winnebago Industries, Inc. (WGO): Markets are expecting modest growth and limited ROA’ improvements when age-wave macro factors, smart acquisitions and growing management confidence point to incremental improvements and upside
WGO is trading at a 18.5x UAFRS-adjusted P/E (Fwd V/E’), in the middle of historical valuations. The market is expecting 7% UAFRS-adjusted Asset (Asset’) growth going forward, toward the lower end of recent Asset’ growth levels. The market also expects UAFRS-adjusted ROA (ROA’) to decline to 11% levels over the next several years, even though analysts expect ROA’ to improve to 13% the next several years.