-4.35%
-8.93%
-10.55%
-27.41%
-38.34%
-20.49%
34.48%
AI Spotlight on WNC
Company Description
Wabash National Corporation designs, manufactures, and distributes engineered solutions for the transportation, logistics, and distribution industries primarily in the United States.The company operates through two segments, Transportation Solutions and Parts & Services.The Transportation Solutions segment provides dry van and platform trailers; refrigerated trailers; converter dollies; van bodies for dry-freight transportation; cutaway van bodies for commercial applications; service bodies; insulated van bodies; stake bodies; refrigerated truck bodies; and used trailers, as well as laminated hardwood oak flooring products.
This segment also offers stainless steel and aluminum tank trailers for the dairy, food and beverage, oil, gas, and chemical end markets; dry bulk trailers; and fiberglass reinforced poly tank trailers.The Parts & Services segment provides aftermarket parts and services; aluminum and steel flatbed bodies, shelving for package delivery, partitions, roof racks, hitches, liftgates, and thermal solutions; and door repair and replacement, collision repair, and basic maintenance services.This segment also offers stainless steel storage tanks and silos, mixers, and processors for the dairy, food and beverage, pharmaceutical, chemical, craft brewing, and biotech end markets; and composite products, including truck bodies, overhead doors, and other industrial application products.
The company offers its products under the Wabash, DuraPlate, DuraPlateHD, DuraPlate AeroSkirt, and AeroSkirt CX brands, as well as EcoNex brand.It distributes its products directly, as well as through its retail operations and independent dealers to truckload common carriers, leasing companies, private fleet carriers, less-than-truckload common carriers, and package carriers.The company was founded in 1985 and is headquartered in Lafayette, Indiana.
Market Data
| Last Price | 15.6 |
| Change Percentage | -4.35% |
| Open | 16.58 |
| Previous Close | 16.31 |
| Market Cap ( Millions) | 676 |
| Volume | 953462 |
| Year High | 30.07 |
| Year Low | 14.87 |
| M A 50 | 17.87 |
| M A 200 | 19.98 |
Financial Ratios
| FCF Yield | 13.52% |
| Dividend Yield | 2.05% |
| ROE | -76.47% |
| Debt / Equity | 210.32% |
| Net Debt / EBIDTA | -89.45% |
| Price To Book | 3.58 |
| Price Earnings Ratio | -2.38 |
| Price To FCF | 7.4 |
| Price To sales | 0.35 |
| EV / EBITDA | -3.04 |
News
- Jan -30 - Wabash National Corporation (WNC) Q4 2024 Earnings Call Transcript
- Jan -29 - Wabash Announces Fourth Quarter and Full Year 2024 Results
- Jan -14 - Wabash Announces Executive Leadership Changes
- Jan -10 - Wabash Schedules Fourth Quarter 2024 Earnings Conference Call
- Jan -09 - Wabash Again Recognized as One of America's Most Responsible Companies by Newsweek
- Dec -12 - Wabash Announces 2026 Model Year DuraPlate Dry Van
- Dec -02 - Wabash Extends Partnership with Goodyear as Preferred Tire Supplier for Trailers
- Nov -21 - Wabash Announces Quarterly Dividend
- Nov -11 - Wabash Expands Parts and Services Distribution Network, Strengthens Aftermarket Support in Seven States
- Oct -24 - Wabash National Corporation (WNC) Q3 2024 Earnings Call Transcript
- Oct -24 - Wabash Announces Third Quarter 2024 Results
- Oct -10 - Wabash Partners with University of Delaware to Advance Solar Solutions in Commercial Transportation
- Oct -09 - Wabash Schedules Third Quarter 2024 Earnings Conference Call
- Sep -30 - Ignite 2024: Leaders Gather to Discuss What's Next for the Transportation, Logistics and Distribution Industry
- Sep -27 - Wabash Inks Deal With Steel Dynamics to Source Key Steel Components
- Sep -26 - Wabash and Steel Dynamics Forge 10-Year Strategic Partnership
- Sep -23 - Kodiak Selects Wabash's Trailers as a Service to Optimize Its Autonomous Fleet
- Sep -16 - Wabash Honored as One of America's Most Admired Workplaces 2025 by Newsweek
- Sep -12 - Wabash National: Value Has Emerged For This Wonderful Company (Rating Upgrade)
- Sep -06 - Wabash to Explore All Options in Response to St. Louis Circuit Court Verdict
Business Breakdown
Expected Mid-Term Growth
Segment n°1 -> Transportation Solutions
Expected Growth : 9.33 %
What the company do ?
Wabash National Corporation's Transportation Solutions provide logistics and transportation management services, including truckload, less-than-truckload, and intermodal transportation, to help customers optimize their supply chain.
Why we expect these perspectives ?
Wabash National Corporation's Transportation Solutions segment growth of 9.33% is driven by increasing demand for refrigerated trailers, growth in final mile delivery, and rising adoption of digital freight brokerage platforms. Additionally, the company's focus on innovation, cost savings initiatives, and strategic acquisitions have contributed to the segment's growth.
Segment n°2 -> Parts & Services
Expected Growth : 4.83 %
What the company do ?
Wabash National Corporation's Parts & Services segment offers replacement parts, maintenance, and repair services for trailers and truck bodies.
Why we expect these perspectives ?
Wabash National Corporation's Parts & Services segment growth of 4.83% is driven by increasing demand for trailer maintenance and repair services, growth in the fleet of trailers in operation, and rising sales of aftermarket parts. Additionally, the company's strategic acquisitions and expansion of its distribution network have contributed to the segment's growth.
Wabash National Corporation Products
| Product Range | What is it ? |
|---|---|
| Dry Freight Trailers | Wabash National Corporation offers a range of dry freight trailers designed for hauling dry goods, including refrigerated and non-refrigerated cargo. |
| Refrigerated Trailers | Wabash National's refrigerated trailers are designed for temperature-controlled transportation of perishable goods, such as food, pharmaceuticals, and other temperature-sensitive products. |
| Flatbed Trailers | Wabash National's flatbed trailers are designed for hauling oversized, heavy, or unusual cargo, including construction equipment, machinery, and building materials. |
| Tank Trailers | Wabash National's tank trailers are designed for hauling bulk liquids, including petroleum products, chemicals, and food-grade liquids. |
| Intermodal Containers | Wabash National's intermodal containers are designed for transporting goods by rail, truck, and sea, providing a seamless and efficient logistics solution. |
| Platform Trailers | Wabash National's platform trailers are designed for hauling oversized, heavy, or unusual cargo, including construction equipment, machinery, and building materials. |
| Beverage Trailers | Wabash National's beverage trailers are designed for hauling bulk beverages, including beer, soda, and other carbonated drinks. |
| Wabash Composites | Wabash National's composite products, including truck bodies and components, offer a lightweight and durable solution for the transportation industry. |
Wabash National Corporation's Porter Forces
Threat Of Substitutes
Wabash National Corporation operates in the trucking industry, where substitutes are limited. However, the rise of digital platforms and logistics companies may pose a moderate threat to the company's business model.
Bargaining Power Of Customers
Wabash National Corporation's customers are primarily large corporations and logistics companies, which have limited bargaining power due to the company's specialized services and long-term contracts.
Bargaining Power Of Suppliers
Wabash National Corporation relies on a few large suppliers for its trucking equipment and maintenance services. While suppliers have some bargaining power, the company's scale and long-term contracts mitigate this risk.
Threat Of New Entrants
The trucking industry has high barriers to entry, including significant capital requirements and regulatory hurdles. New entrants would face significant challenges in competing with established players like Wabash National Corporation.
Intensity Of Rivalry
The trucking industry is highly competitive, with many established players competing for market share. Wabash National Corporation faces intense rivalry from companies like J.B. Hunt Transport Services and Schneider National.
Strength
Capital Structure
| Value | |
|---|---|
| Debt Weight | 42.46% |
| Debt Cost | 6.36% |
| Equity Weight | 57.54% |
| Equity Cost | 11.96% |
| WACC | 9.59% |
| Leverage | 73.80% |
Wabash National Corporation : Quality Control
Wabash National Corporation passed 7 out of 9 key points:
Historical Valuation
Price/Earnings Ratio
Margin Valuation
Peers Valuation
Competitors
| Company | Rational |
|---|---|
| HY | Hyster-Yale Materials Handling, Inc., through its subsidiaries, designs, engineers, manufactures, sells, and services a line of lift trucks, attachments, and aftermarket parts worldwide. It manufactures components, such as frames, masts, … |
| GENC | Gencor Industries, Inc., together with its subsidiaries, designs, manufactures, and sells heavy machinery used in the production of highway construction materials and environmental control equipment. The company offers hot-mix asphalt … |
| REVG | REV Group, Inc. designs, manufactures, and distributes specialty vehicles, and related aftermarket parts and services in the United States, Canada, Europe, Africa, and internationally. It operates through three segments: Fire … |
| ALG | Alamo Group Inc. designs, manufactures, distributes, and services vegetation management and infrastructure maintenance equipment for governmental, industrial, and agricultural uses worldwide. Its Vegetation Management Division segment offers hydraulically-powered and tractor-mounted … |
| LNN | Lindsay Corporation, together with its subsidiaries, provides water management and road infrastructure products and services in the United States and internationally. The company operates in two segments, Irrigation and Infrastructure. … |
Peers Metrics
DCF BETA
Expected Cash-Flows
Scoring Insights
Peers Group Analysis
🥇
REV Group
A-Score
1-Year Total Return ->
🥈
Gencor
A-Score
1-Year Total Return ->
🥉
Lindsay
A-Score
1-Year Total Return ->
4
Alamo Group
A-Score
1-Year Total Return ->
5
Hyster-Yale
A-Score
1-Year Total Return ->
6
