BRP Inc. (DOO) vs Thor Industries, Inc. (THO)

BRP Inc. and Thor Industries, Inc. are both Recreational Vehicles companies. BRP Inc. and Thor Industries, Inc. are of similar size ($3.9B and $3.7B). Thor Industries, Inc. trades at the lower P/E: 21.2× against 50.2×. BRP Inc. grew revenue faster over the last twelve months: 22.2% against 0.30%. Thor Industries, Inc. has the higher net margin (1.85% vs 1.26%) and the lower return on invested capital (2.65% vs 11.6%). Both pay a dividend; Thor Industries, Inc. yields more (1.21% vs 0.75%). Across the 23 metrics below, Thor Industries, Inc. leads on 12 and BRP Inc. on 11.

Valuation

Metric DOO THO Recreational Vehicles median
P/E 50.16 21.23 17.55
P/S 0.62 0.39 0.53
P/B 17.33 0.89 0.91
Price to free cash flow 4.88 15.96 10.77
EV/EBITDA 8.96 8.91 9.09
EV/Sales 0.81 0.43 0.63
Earnings yield 1.99% 4.71% 0.15%
Free cash flow yield 20.49% 6.27% 6.30%

Profitability

Metric DOO THO Recreational Vehicles median
Gross margin 20.57% 12.62% 22.03%
Operating margin 4.21% 2.05% 0.17%
Net margin 1.26% 1.85% (0.15%)
Free cash flow margin 12.65% 2.46% 4.02%
Return on equity 28.24% 4.15% 0.16%
Return on assets 1.81% 2.53% 0.10%
Return on invested capital 11.57% 2.65% 0.16%

Growth

Metric DOO THO Recreational Vehicles median
Revenue growth (TTM) 22.21% 0.30% 4.05%
EPS growth (last fiscal year) 242.93% (30.85%) —
Revenue growth, 5-year CAGR 6.37% (4.85%) 4.29%
Net income growth, 5-year CAGR (5.08%) (23.09%) 0.00%

Health

Metric DOO THO Recreational Vehicles median
Debt to equity 7.46 0.20 0.48
Current ratio 1.19 1.77 1.81
Net debt to EBITDA 2.29 0.83 0.53

Dividend

Metric DOO THO Recreational Vehicles median
Dividend yield 0.75% 1.21% 1.87%
Payout ratio 0.05 0.26 0.05

Size

Metric DOO THO Recreational Vehicles median
Market cap 3.94b 3.66b 628.11m

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