WallStSmart

Harley-Davidson Inc (HOG)vsThor Industries Inc (THO)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

Thor Industries Inc generates 122% more annual revenue ($9.93B vs $4.47B). HOG leads profitability with a 7.6% profit margin vs 3.0%. HOG appears more attractively valued with a PEG of 0.61. THO earns a higher WallStSmart Score of 68/100 (B-).

HOG

Strong Buy

67

out of 100

Grade: B-

Growth: 4.7Profit: 4.0Value: 10.0Quality: 5.0

THO

Strong Buy

68

out of 100

Grade: B-

Growth: 6.0Profit: 4.5Value: 10.0Quality: 6.8
Piotroski: 4/9Altman Z: 3.50
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

HOGUndervalued (+84.2%)

Margin of Safety

+84.2%

Fair Value

$130.10

Current Price

$18.47

$111.63 discount

UndervaluedFair: $130.10Overvalued
THOUndervalued (+54.5%)

Margin of Safety

+54.5%

Fair Value

$263.48

Current Price

$81.62

$181.86 discount

UndervaluedFair: $263.48Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

HOG4 strengths · Avg: 9.5/10
P/E RatioValuation
6.7x10/10

Attractively priced relative to earnings

Price/BookValuation
0.7x10/10

Reasonable price relative to book value

EPS GrowthGrowth
240.7%10/10

Earnings expanding 240.7% YoY

PEG RatioValuation
0.618/10

Growing faster than its price suggests

THO5 strengths · Avg: 8.8/10
Price/BookValuation
1.0x10/10

Reasonable price relative to book value

Altman Z-ScoreHealth
3.5010/10

Safe zone — low bankruptcy risk

PEG RatioValuation
0.808/10

Growing faster than its price suggests

P/E RatioValuation
14.5x8/10

Attractively priced relative to earnings

EPS GrowthGrowth
39.9%8/10

Earnings expanding 39.9% YoY

Areas to Watch

HOG3 concerns · Avg: 2.0/10
Profit MarginProfitability
7.6%3/10

7.6% margin — thin

Revenue GrowthGrowth
-27.8%2/10

Revenue declined 27.8%

Operating MarginProfitability
-69.6%1/10

Operating margin of -69.6%

THO4 concerns · Avg: 2.8/10
Return on EquityProfitability
7.2%3/10

ROE of 7.2% — below average capital efficiency

Profit MarginProfitability
3.0%3/10

3.0% margin — thin

Operating MarginProfitability
0.8%3/10

Operating margin of 0.8%

Free Cash FlowQuality
$-140.68M2/10

Negative free cash flow — burning cash

Comparative Analysis Report

WallStSmart Research

Bull Case : HOG

The strongest argument for HOG centers on P/E Ratio, Price/Book, EPS Growth. PEG of 0.61 suggests the stock is reasonably priced for its growth.

Bull Case : THO

The strongest argument for THO centers on Price/Book, Altman Z-Score, PEG Ratio. PEG of 0.80 suggests the stock is reasonably priced for its growth.

Bear Case : HOG

The primary concerns for HOG are Profit Margin, Revenue Growth, Operating Margin.

Bear Case : THO

The primary concerns for THO are Return on Equity, Profit Margin, Operating Margin. Thin 3.0% margins leave little buffer for downturns.

Key Dynamics to Monitor

HOG carries more volatility with a beta of 1.40 — expect wider price swings.

THO is growing revenue faster at 5.3% — sustainability is the question.

HOG generates stronger free cash flow (100M), providing more financial flexibility.

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

Bottom Line

THO scores higher overall (68/100 vs 67/100). HOG offers better value entry with a 84.2% margin of safety. Both earn "Strong Buy" and "Strong Buy" 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.

Thor Industries Inc

CONSUMER CYCLICAL · RECREATIONAL VEHICLES · USA

Thor Industries, Inc. designs, manufactures, and sells recreational vehicles (RVs) and related parts and accessories in the United States, Canada, and Europe. The company is headquartered in Elkhart, Indiana.

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