WallStSmart

Harley-Davidson Inc (HOG)vsPatrick Industries Inc (PATK)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

Harley-Davidson Inc generates 9% more annual revenue ($4.32B vs $3.94B). HOG leads profitability with a 5.3% profit margin vs 3.5%. PATK appears more attractively valued with a PEG of 3.46. HOG earns a higher WallStSmart Score of 48/100 (D+).

HOG

Hold

48

out of 100

Grade: D+

Growth: 2.0Profit: 4.0Value: 6.7Quality: 8.0
Piotroski: 6/9Altman Z: 2.23

PATK

Hold

44

out of 100

Grade: D

Growth: 2.0Profit: 5.5Value: 4.3Quality: 6.5
Piotroski: 5/9Altman Z: 2.58
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

HOGUndervalued (+36.0%)

Margin of Safety

+36.0%

Fair Value

$32.13

Current Price

$24.64

$7.49 discount

UndervaluedFair: $32.13Overvalued

Intrinsic value data unavailable for PATK.

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

HOG2 strengths · Avg: 9.0/10
Price/BookValuation
0.8x10/10

Reasonable price relative to book value

P/E RatioValuation
13.8x8/10

Attractively priced relative to earnings

PATK1 strengths · Avg: 8.0/10
Price/BookValuation
2.3x8/10

Reasonable price relative to book value

Areas to Watch

HOG4 concerns · Avg: 2.8/10
Return on EquityProfitability
7.1%3/10

ROE of 7.1% — below average capital efficiency

Profit MarginProfitability
5.3%3/10

5.3% margin — thin

Operating MarginProfitability
3.1%3/10

Operating margin of 3.1%

PEG RatioValuation
11.542/10

Expensive relative to growth rate

PATK4 concerns · Avg: 2.5/10
Profit MarginProfitability
3.5%3/10

3.5% margin — thin

Debt/EquityHealth
1.353/10

Elevated debt levels

PEG RatioValuation
3.462/10

Expensive relative to growth rate

Revenue GrowthGrowth
-0.6%2/10

Revenue declined 0.6%

Comparative Analysis Report

WallStSmart Research

Bull Case : HOG

The strongest argument for HOG centers on Price/Book, P/E Ratio.

Bull Case : PATK

The strongest argument for PATK centers on Price/Book.

Bear Case : HOG

The primary concerns for HOG are Return on Equity, Profit Margin, Operating Margin.

Bear Case : PATK

The primary concerns for PATK are Profit Margin, Debt/Equity, PEG Ratio. Thin 3.5% margins leave little buffer for downturns.

Key Dynamics to Monitor

HOG carries more volatility with a beta of 1.27 — expect wider price swings.

PATK is growing revenue faster at -0.6% — sustainability is the question.

HOG generates stronger free cash flow (155M), providing more financial flexibility.

Monitor RECREATIONAL VEHICLES industry trends, competitive dynamics, and regulatory changes.

Bottom Line

HOG scores higher overall (48/100 vs 44/100). Both earn "Hold" and "Hold" ratings respectively — the choice depends on your investment horizon and risk tolerance.

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

Harley-Davidson Inc

CONSUMER CYCLICAL · RECREATIONAL VEHICLES · USA

Harley-Davidson, Inc. manufactures and sells custom, cruiser and touring motorcycles. The company is headquartered in Milwaukee, Wisconsin.

Patrick Industries Inc

CONSUMER CYCLICAL · RECREATIONAL VEHICLES · USA

Patrick Industries Inc. (PATK), headquartered in Elkhart, Indiana, is a leading manufacturer and distributor of component products catering primarily to the recreational vehicle, marine, manufactured housing, and industrial markets. With a diverse portfolio that includes cabinetry, decorative surfaces, and building materials, the company leverages its extensive industry experience to promote operational efficiency and innovate product offerings. Committed to sustainability and strategic growth through acquisitions, Patrick Industries is strategically poised to benefit from the escalating demand within the recreational vehicle sector, offering compelling growth prospects and value creation opportunities for institutional investors.

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