WallStSmart

LCI Industries (LCII)vsThor Industries Inc (THO)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

Thor Industries Inc generates 141% more annual revenue ($9.93B vs $4.12B). LCII leads profitability with a 4.6% profit margin vs 3.0%. THO appears more attractively valued with a PEG of 0.80. THO earns a higher WallStSmart Score of 68/100 (B-).

LCII

Buy

65

out of 100

Grade: C+

Growth: 6.7Profit: 5.0Value: 10.0Quality: 7.3
Piotroski: 5/9Altman Z: 3.20

THO

Strong Buy

68

out of 100

Grade: B-

Growth: 6.0Profit: 4.5Value: 10.0Quality: 6.8
Piotroski: 4/9Altman Z: 3.50
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

LCIIUndervalued (+55.7%)

Margin of Safety

+55.7%

Fair Value

$353.81

Current Price

$122.92

$230.89 discount

UndervaluedFair: $353.81Overvalued
THOUndervalued (+54.5%)

Margin of Safety

+54.5%

Fair Value

$263.48

Current Price

$81.62

$181.86 discount

UndervaluedFair: $263.48Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

LCII5 strengths · Avg: 8.8/10
EPS GrowthGrowth
104.2%10/10

Earnings expanding 104.2% YoY

Altman Z-ScoreHealth
3.2010/10

Safe zone — low bankruptcy risk

P/E RatioValuation
16.3x8/10

Attractively priced relative to earnings

Price/BookValuation
2.2x8/10

Reasonable price relative to book value

Revenue GrowthGrowth
16.1%8/10

16.1% revenue growth

THO5 strengths · Avg: 8.8/10
Price/BookValuation
1.0x10/10

Reasonable price relative to book value

Altman Z-ScoreHealth
3.5010/10

Safe zone — low bankruptcy risk

PEG RatioValuation
0.808/10

Growing faster than its price suggests

P/E RatioValuation
14.5x8/10

Attractively priced relative to earnings

EPS GrowthGrowth
39.9%8/10

Earnings expanding 39.9% YoY

Areas to Watch

LCII2 concerns · Avg: 3.0/10
Profit MarginProfitability
4.6%3/10

4.6% margin — thin

Operating MarginProfitability
3.8%3/10

Operating margin of 3.8%

THO4 concerns · Avg: 2.8/10
Return on EquityProfitability
7.2%3/10

ROE of 7.2% — below average capital efficiency

Profit MarginProfitability
3.0%3/10

3.0% margin — thin

Operating MarginProfitability
0.8%3/10

Operating margin of 0.8%

Free Cash FlowQuality
$-140.68M2/10

Negative free cash flow — burning cash

Comparative Analysis Report

WallStSmart Research

Bull Case : LCII

The strongest argument for LCII centers on EPS Growth, Altman Z-Score, P/E Ratio. Revenue growth of 16.1% demonstrates continued momentum. PEG of 1.04 suggests the stock is reasonably priced for its growth.

Bull Case : THO

The strongest argument for THO centers on Price/Book, Altman Z-Score, PEG Ratio. PEG of 0.80 suggests the stock is reasonably priced for its growth.

Bear Case : LCII

The primary concerns for LCII are Profit Margin, Operating Margin. Thin 4.6% margins leave little buffer for downturns.

Bear Case : THO

The primary concerns for THO are Return on Equity, Profit Margin, Operating Margin. Thin 3.0% margins leave little buffer for downturns.

Key Dynamics to Monitor

LCII profiles as a growth stock while THO is a value play — different risk/reward profiles.

THO carries more volatility with a beta of 1.40 — expect wider price swings.

LCII is growing revenue faster at 16.1% — sustainability is the question.

LCII generates stronger free cash flow (64M), providing more financial flexibility.

Bottom Line

THO scores higher overall (68/100 vs 65/100). LCII offers better value entry with a 55.7% margin of safety. Both earn "Strong Buy" and "Buy" ratings respectively — the choice depends on your investment horizon and risk tolerance.

This analysis is generated from publicly available financial data. Not financial advice.

LCI Industries

CONSUMER CYCLICAL · RECREATIONAL VEHICLES · USA

LCI Industries manufactures and supplies components to recreational vehicle (RV) manufacturers and adjacent industries in the United States and internationally. The company is headquartered in Elkhart, Indiana.

Thor Industries Inc

CONSUMER CYCLICAL · RECREATIONAL VEHICLES · USA

Thor Industries, Inc. designs, manufactures, and sells recreational vehicles (RVs) and related parts and accessories in the United States, Canada, and Europe. The company is headquartered in Elkhart, Indiana.

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