Winnebago IndustriesFRA:WI1 71 Return-on-Tangible-Equity is 18.99% as of May. 2026, which is 71% below its 10-year median of 65.62. GuruFocus rates FRA:WI1 with a GF Score™ of 71/100 and a GF Value™ of €42.84. The stock has 6 warning signs investors should review. Among 1,284 Vehicles & Parts companies, Winnebago Industries ranks better than 68.61% on this metric.
Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. Winnebago Industries's annualized net income for the quarter that ended in May. 2026 was €50 Mil. Winnebago Industries's average shareholder tangible equity for the quarter that ended in May. 2026 was €261 Mil. Therefore, Winnebago Industries's annualized Return-on-Tangible-Equity for the quarter that ended in May. 2026 was 18.99%.
The historical rank and industry rank for Winnebago Industries's Return-on-Tangible-Equity or its related term are showing as below:
FRA:WI1'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 3.93 Med: 65.62 Max: 233.99
Current: 13.14
During the past 13 years, Winnebago Industries's highest Return-on-Tangible-Equity was 233.99%. The lowest was 3.93%. And the median was 65.62%.
FRA:WI1's Return-on-Tangible-Equity is ranked better than 68.61% of 1284
companies
in the Vehicles & Parts industry
Industry Median: 7.48
vs FRA:WI1: 13.14
Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.
Be Aware
Net Income is used.
Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.
Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.
Winnebago Industries Return-on-Tangible-Equity Related Terms
Winnebago Industries Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Winnebago Industries's Return-on-Tangible-Equity 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.
FRA:WI1 vs MCFT, MBUU, KNDI: Return-on-Tangible-Equity Comparison
For the Recreational Vehicles subindustry, Winnebago Industries's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity 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.
Winnebago Industries Return-on-Tangible-Equity vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Winnebago Industries's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Winnebago Industries's Return-on-Tangible-Equity falls into.
* 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.
In the calculation of annual Return-on-Tangible-Equity, the net income of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data,
the net income data used here is four times the quarterly (May. 2026) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 18.99% mean?
Winnebago Industries (FRA:WI1) has a Return-on-Tangible-Equity of 18.99% as of May. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Winnebago Industries and its competitors. This is 71% below median its historical median of 65.62. Over the past decade, Winnebago Industries' Return-on-Tangible-Equity has ranged from 3.93 to 233.99. According to the industry distribution chart, Winnebago Industries ranks #403 out of 1284 companies in the Vehicles & Parts industry, placing it in the top 31.4%.
Is Winnebago Industries' Return-on-Tangible-Equity too high?
Winnebago Industries' current Return-on-Tangible-Equity of 18.99% is 71% below median its 10-year median of 65.62. Over the past 10 years, this metric has ranged from a low of 3.93 to a high of 233.99. The Vehicles & Parts industry median Return-on-Tangible-Equity is 7.48. Winnebago Industries' value of 18.99% is 153.9% above this industry median. Based on the distribution chart, Winnebago Industries ranks #403 out of 1284 companies in the Vehicles & Parts industry, which is above the industry midpoint. Overall, Winnebago Industries has a GF Score™ of 71/100, reflecting its overall financial health beyond just this single metric.
How does Winnebago Industries' Return-on-Tangible-Equity compare to MCFT and MBUU?
According to the Vehicles & Parts industry distribution chart, Winnebago Industries ranks #403 out of 1284 companies for Return-on-Tangible-Equity. This puts Winnebago Industries in the upper half of its industry. The industry median Return-on-Tangible-Equity is 7.48. Winnebago Industries' value of 18.99% is 153.9% above this benchmark. Historically, Winnebago Industries' own Return-on-Tangible-Equity has ranged from 3.93 to 233.99 over the past decade. While the company's 10-year median is 65.62 vs. the industry median of 7.48, Winnebago Industries has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Return-on-Tangible-Equity for a Vehicles & Parts company?
The median Return-on-Tangible-Equity among Vehicles & Parts companies is 7.48, based on 1,284 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Equity significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Winnebago Industries's current Return-on-Tangible-Equity of 18.99% is 153.9% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Return-on-Tangible-Equity mean?
A high Return-on-Tangible-Equity can signal that a stock is expensive relative to its fundamentals. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Winnebago Industries and its competitors. For the Vehicles & Parts industry, the median Return-on-Tangible-Equity is 7.48 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Winnebago Industries's current Return-on-Tangible-Equity is 18.99%, which is 71% below median its own 10-year median of 65.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Winnebago Industries stock overvalued right now?
Winnebago Industries (FRA:WI1) has a current Return-on-Tangible-Equity of 18.99%. The stock's GF Value™ is €42.84, compared to a current price of €27.20 — trading 36.5% below its estimated fair value. The current Return-on-Tangible-Equity is 18.99%, which is 71% below median its 10-year median of 65.62 and 153.9% above the Vehicles & Parts industry median of 7.48. Winnebago Industries' overall GF Score™ is 71/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For Winnebago Industries (FRA:WI1), the current Return-on-Tangible-Equity is 18.99% as of May. 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 Winnebago Industries (FRA:WI1) Overvalued in 2026?
Based on GuruFocus' analysis, Winnebago Industries stock appears to be undervalued.
The current stock price of €27.20 is trading 36.5% below its estimated GF Value™ of €42.84.
Key valuation signals for FRA:WI1:
Return-on-Tangible-Equity: 18.99% (71% below median its 10-year median of 65.62)
GF Value™: €42.84 vs. price of €27.20 (36.5% below fair value)
Industry Position: 153.9% above the Vehicles & Parts median (#403 of 1284)
No single metric tells the full story. See the FRA:WI1 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Winnebago Industries manufactures Class A, B, and C motor homes along with towables, customized specialty vehicles, boats, and parts. Headquartered in Eden Prairie, Minnesota, Winnebago has been producing recreational vehicles since 1958. Revenue was $2.8 billion in fiscal 2025. Winnebago expanded into towables in 2011 with the acquisition of SunnyBrook and acquired Grand Design in November 2016. Towables made up 84% of the firm's RV unit volume, up from 31% in fiscal 2016. The company's total fiscal 2025 RV unit volume was 36,911. Winnebago expanded into boating in 2018 with the purchase of Chris-Craft, bought premium motor home maker Newmar in November 2019, and bought Barletta pontoon boats in August 2021. It also is developing electric and autonomous technology.
71GF Score
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