Think of Enterprise Value as the theoretical takeover price. It is more comprehensive than market capitalization (Market Cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.
EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Thor Industries's Enterprise Value is $4,572 Mil.
Thor Industries's EBIT for the trailing twelve months (TTM) ended in Apr. 2026 was $368 Mil. Therefore, Thor Industries's EV-to-EBIT ratio for today is 12.41.
EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Thor Industries's Enterprise Value is $4,572 Mil.
Thor Industries's EBITDA for the trailing twelve months (TTM) ended in Apr. 2026 was $561 Mil. Therefore, Thor Industries's EV-to-EBITDA ratio for today is 8.14.
EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Thor Industries's Enterprise Value is $4,572 Mil.
Thor Industries's Revenue for the trailing twelve months (TTM) ended in Apr. 2026 was $9,820 Mil. Therefore, Thor Industries's EV-to-Revenue ratio for today is 0.47.
EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, Thor Industries's Enterprise Value is $4,572 Mil.
Thor Industries's Free Cash Flow for the trailing twelve months (TTM) ended in Apr. 2026 was $200 Mil. Therefore, Thor Industries's EV-to-FCF ratio for today is 22.90.
*** Please note that the current Enterprise Value is calculated using the current market capitalization and the most recently available financial data. If key financial fields—Long-Term Debt & Capital Lease Obligation and Short-Term Debt & Capital Lease Obligation—are recorded as null in the latest reporting period, our data vendor will default to using data from the prior period with valid entries.
Thor Industries (NYSE:THO) Enterprise Value Explanation
When an investor buy a company, the investor needs to pay not only the common shares, he/she also needs to pay the shareholders of Preferred Stocks. He also assumes the debt of the company, and receives the cash on the company's balance sheet.
If a company has more cash than debt, the investor actually pays less than the Market Cap because he immediately owns the cash once the transaction goes through.
The market value of Preferred Stock needs to be added to the market value of common stocks in the calculation of Enterprise Value.
For the companies with the same Market Cap, the smaller the Enterprise Value is, the cheaper the company is.
Enterprise Value can be negative when the company's net cash is more than its Market Cap. In this case the investor is basically getting the company for free and get paid for that.
1. EV-to-EBIT is calculated as Enterprise Value divided by its EBIT.
Thor Industries's current Enterprise Value is $4,572 Mil.
Thor Industries's EBIT for the trailing twelve months (TTM) ended in Apr. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $368 Mil.
2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.
Thor Industries's current Enterprise Value is $4,572 Mil.
Thor Industries's EBITDA for the trailing twelve months (TTM) ended in Apr. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $561 Mil.
Thor Industries's current Enterprise Value is $4,572 Mil.
Thor Industries's Revenue for the trailing twelve months (TTM) ended in Apr. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $9,820 Mil.
Thor Industries's current Enterprise Value is $4,572 Mil.
Thor Industries's Cash Flow from Operations for the trailing twelve months (TTM) ended in Apr. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $336 Mil.
Thor Industries's current Enterprise Value is $4,572 Mil.
Thor Industries's Free Cash Flow for the trailing twelve months (TTM) ended in Apr. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $200 Mil.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Thor Industries Enterprise Value Related Terms
Thor Industries Enterprise Value Historical Data
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The historical data trend for Thor Industries's Enterprise Value can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Recreational Vehicles subindustry, Thor Industries's Enterprise Value, along with its competitors' market caps and Enterprise Value data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Thor Industries Enterprise Value vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Thor Industries's Enterprise Value distribution charts can be found below:
* The bar in red indicates where Thor Industries's Enterprise Value falls into.
Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.
Thor Industries's Enterprise Value for the fiscal year that ended in Jul. 2025 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Thor Industries (THO) has a Enterprise Value of $4,572 Mil as of Jun. 26, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Thor Industries and its competitors.
Is Thor Industries' Enterprise Value too high?
Thor Industries' current Enterprise Value is $4,572 Mil. Overall, Thor Industries has a GF Score™ of 74/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Thor Industries' Enterprise Value compare to PII and PATK?
Thor Industries' Enterprise Value of $4,572 Mil can be compared against companies in the Vehicles & Parts industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Enterprise Value for a Vehicles & Parts company?
A good Enterprise Value depends on the Vehicles & Parts industry context. However, Enterprise Value should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Enterprise Value mean?
A high Enterprise Value can signal that a stock is expensive relative to its fundamentals. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Thor Industries and its competitors. Thor Industries's current Enterprise Value is $4,572 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thor Industries stock overvalued right now?
Based on GuruFocus' analysis, Thor Industries (THO) is currently considered Modestly Undervalued. The stock's GF Value™ is $96.19, compared to a current price of $78.22 — trading 18.7% below its estimated fair value. The current Enterprise Value is $4,572 Mil. Thor Industries' overall GF Score™ is 74/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Enterprise Value calculated?
Enterprise Value is calculated from a company's financial statements. For Thor Industries (THO), the current Enterprise Value is $4,572 Mil as of Jun. 26, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Thor Industries (THO) Overvalued in 2026?
Based on GuruFocus' analysis, Thor Industries stock appears to be undervalued.
The current stock price of $78.22 is trading 18.7% below its estimated GF Value™ of $96.19.
GuruFocus considers Thor Industries to be Modestly Undervalued.
Key valuation signals for THO:
Enterprise Value: $4,572 Mil
GF Value™: $96.19 vs. price of $78.22 (18.7% below fair value)
No single metric tells the full story. See the THO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Based in Elkhart, Indiana, Thor Industries manufactures Class A, Class B, and Class C motor homes along with travel trailers and fifth-wheel towables across about 35 brands. Through the acquisition of Erwin Hymer in 2019, the company expanded its geographic footprint and now produces various motorized and towable recreational vehicles for Europe, including motor caravans, camper vans, urban vehicles, caravans, and other RV-related products and services. The company has also begun generating revenue through aftermarket component parts via the acquisition of Airxcel in 2021; however, this is still a nascent part of the business, as it accounted for less than 10% of fiscal 2025 total sales. In fiscal 2025, the company wholesaled 181,388 units and generated $9.6 billion in revenue.
74GF Score
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