What is Winnebago Industries Inc worth?
With the base-case assumptions below, a discounted cash flow model on Winnebago Industries Inc's reported free cash flow gives $42.59 per share. The share price was $31.19 on November 10, 2026, 27% below that value.
Inputs from the filings
Three sets of assumptions
| Case | Growth yrs 1-5 | Discount rate | Value per share | Value vs price |
|---|---|---|---|---|
| Bear | -10.0% | 10.0% | $23.66 | -24% |
| Base | -5.0% | 9.0% | $42.59 | +37% |
| Bull | 0.0% | 8.0% | $77.88 | +150% |
Sensitivity: base case value per share
| 1.5% | 2.0% | 2.5% | 3.0% | 3.5% | |
|---|---|---|---|---|---|
| 7.0% | $55.19 | $58.89 | $63.42 | $69.08 | $76.36 |
| 8.0% | $45.90 | $48.30 | $51.14 | $54.55 | $58.71 |
| 9.0% | $39.05 | $40.70 | $42.59 | $44.80 | $47.42 |
| 10.0% | $33.80 | $34.96 | $36.29 | $37.80 | $39.55 |
| 11.0% | $29.63 | $30.48 | $31.44 | $32.52 | $33.74 |
Where the presets come from
Base: years 1 to 5 grow at Winnebago Industries Inc's revenue growth rate over the last 5 fiscal years (-5.7% a year), held between -5% and 15%. Years 6 to 10 grow halfway between that and the long-run rate of 2.5%. Future cash is discounted at 9% a year.
Bear: 5 points less growth, 2% long-run growth, 10% discount rate. Bull: 5 points more growth (at most 25%), 3% long-run growth, 8% discount rate.
Value per share = (present value of 10 years of free cash flow + present value of everything after + cash - debt) / diluted shares.
This is a model run on assumptions, not a recommendation or a price target. Small changes in the discount rate or growth move the result a lot, as the table above shows. Change them yourself in the calculator.
Adjust the assumptions
Move the sliders for growth, long-run growth and discount rate, or switch to average free cash flow, and see the value per share change.
Adjust the assumptions