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 $39.28 per share. The share price was $27.15 on September 25, 2026, 31% 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 | -1.5% | 10.0% | $19.64 | -28% |
| Base | 3.5% | 9.0% | $39.28 | +45% |
| Bull | 8.5% | 8.0% | $78.43 | +189% |
Sensitivity: base case value per share
| 1.5% | 2.0% | 2.5% | 3.0% | 3.5% | |
|---|---|---|---|---|---|
| 7.0% | $53.51 | $57.81 | $63.08 | $69.65 | $78.11 |
| 8.0% | $42.92 | $45.71 | $49.01 | $52.97 | $57.81 |
| 9.0% | $35.17 | $37.08 | $39.28 | $41.85 | $44.89 |
| 10.0% | $29.25 | $30.61 | $32.15 | $33.91 | $35.94 |
| 11.0% | $24.59 | $25.58 | $26.70 | $27.95 | $29.37 |
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 (3.5% 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