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CWH
ACCE-researched

Camping World Holdings Inc. Class A Common Stock (CWH) fair value

Consumer Cyclical · Auto & Truck Dealerships · NYSE · United States
$4.20-7.28%
Market cap $289MNext earnings 2026-10-27Updated Oct 21, 2026
Add earnings to calendarGoogle
Our verdict
Trades 55% below our fair value
Price
$4.20
Model fair valueConfidence: low
about $9.25
Built from weaker models, sales multiples or analyst targets, so treat it as a rough guide.
Not used by alerts or posts.
Valued as a loss-making company: Analyst consensus.
ACCE opinionCamping World Holdings Inc. Class A Common Stock (CWH)
Fair value (2 models)
Not available
ACCE price target
$5.50
Rating
Not rated
Horizon
12 months
ACCE price target published on 3 Oct 2026, 00:00 CEST.
Price used: $4.20 at the close on 23 Oct 2026, 22:00 CEST.
Models: Analyst consensus.
Fair value: the average of the applicable valuation models (discounted cash flow, multiples, residual income, dividend discount, shareholder yield), each run on the latest financial statements and the market price shown. Opinion columns (fair value, target, rating) are shown apart from the data. Full methodology: acceinvestments.com/data/how-we-value-stocks
Full methodology
Conflicts of interest: The author holds no personal position in this security. General statement
Produced by ACCE Investments (acceinvestments.com)
Data
ACCE score
30
out of 100
Analysts
85% buy
13 covering
P/E
0.0x
forward 7.4x
1-year return
-74.4%
Dividend yield
5.75%

Camping World Holdings Inc. Class A Common Stock in four questions

Plain answers, details below
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OverviewAsk ACCEValuationQualityAnalystsSmart MoneyCompareNews and Record

Overview

ACCE thesis

Camping World sells new and used recreational vehicles, parts, accessories and services through a large network of dealerships, plus the Good Sam membership programme. Scale in a fragmented dealer market gives it buying power and recurring service income. The driver is RV demand, which depends on consumer confidence and interest rates. Revenue fell 2.1%, but the operating margin is 5.3% and the forward multiple is 7.4x.

AI-assisted·How I use AIWritten Oct 14, 2026
⚠ Investor warnings · 4 flagsAI-assisted·How I use AI
  • severe
    Negative earnings and ROE collapse
    Net margin -1.6%, ROE -26.5%, and earnings down 12.9% YoY. Company is destroying shareholder value despite positive FCF.
  • high
    Extreme leverage and solvency risk
    Debt/Equity 9.37 is dangerously high. Institutional ownership 97.8% and short interest 18.4% suggest distressed capital structure.
  • high
    Score deterioration and revenue decline
    ACCE score fell 9 points in 90 days (40 to 31). Revenue down 2.1% YoY and 2.9% over 5 years; Q-o-Q bounce (+42.8%) may be seasonal noise.
  • moderate
    Valuation disconnect and model uncertainty
    Fair value $5.50 vs price $4.53, but wide range ($2.50-$9.00) and low Quality score (26) suggest high model uncertainty in cyclical downturn.

AI research notes

AI-assisted·How I use AIWritten Oct 11, 2026 · figures from 2026-06-30 · prices to Oct 23, 2026
Why it could do well
  • Stock trades at 6.8x forward P/E with analyst consensus 119.5% above current price, suggesting deep undervaluation.
  • Free cash flow yield of 40.7% is exceptionally high, indicating strong cash generation relative to market valuation.
Why it could disappoint
  • Revenue declined 2.1% year over year and 2.9% on average annually, with no visible turnaround catalyst in sight.
  • Debt to equity of 9.37x combined with negative 1.6% net margin means the company is overleveraged and unprofitable.
  • Diluted share count surged 30.7% in the last fiscal year while ROE stands at negative 26.5%, destroying shareholder value.
Each chip shows the exact figure and where it comes from. A claim without a source is not published.

Next results

Oct 27, 2026
We update the fair value about 2 days after the results, once the new figures are filed.Add to calendarGoogle

Walk me through this stock

Plain-English pros, cons, and what to watch. Pro feature.

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Valuation

INVESTOR
Where CWH's valuation models land
Price
$4.20
Model fair valueConfidence: low
about $9.25
Model
Fair value
Upside
Analyst consensus
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Quality

INVESTOR
Quality and conviction INVESTOR FEATURE

The full quality picture: a reason under every score, how the scores moved, and the conviction breakdown.

  • +A plain reason under every score
  • +Conviction breakdown and growth / value / quality / momentum scores
  • +Score history: how each score moved over time

Analysts

Wall Street consensus

Bullish85% buy · 13 covering analysts
● Strong buy 9● Buy 2● Hold 2● Sell 0● Strong sell 0
Analyst intelligence INVESTOR FEATURE

The full analyst picture: the price-target distribution against the current price, forward consensus estimates, and how ACCE's own models compare.

  • +Price-target low / average / high vs the current price, with implied upside
  • +Forward revenue and EPS consensus by fiscal year
  • +ACCE fair-value models lined up against the Street

Smart Money

PRO

In one line

Trades are only made public after a delay. We show the delay so you know how old the news is.

Company insiders
No trades filed
Last 90 days
Congress
No trades filed
Last 180 days
Average delay
No trades filed
From trade to public filing
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Smart money tracking PRO FEATURE

Follow the informed money: 13F position changes, insider and Congress trades, and 13D activist filings.

  • +Quarter-over-quarter institutional position changes
  • +Every insider and Congress trade, with how late it was disclosed
  • +Active 13D activist filings and top holders

Compare

Where it sits vs peers

News and Record

Press releases mentioning this company

Recent performance

1 week
-6.9%
1 month
-21.6%
3 months
-26.4%
6 months
-43.9%
YTD
-56.8%
1 year
-74.4%

SEC filings

Recent ACCE blog coverage

  • $CWH Score Jumps 14 Points to 40 as Earnings Surge
    Camping World Holdings $CWH sees its ACCE composite score rise from 26 to 40. Here's what the data says and what likely drove the move.
    2026-06-08

Recommendation history, last 12 months

DateTypeNewPreviousPrice
3 Oct 2026, 00:00 CESTACCE price target$5.50first publication$5.03
20 Sept 2026, 00:00 CESTFair value$7.82$8.25$5.60
17 Sept 2026, 00:00 CESTFair value$8.25$7.87$6.14
13 Sept 2026, 00:00 CESTFair value$7.87$7.72$6.04
10 Sept 2026, 00:00 CESTFair value$7.72$8.07$6.56
6 Sept 2026, 00:00 CESTFair value$8.07$7.60$6.96
3 Sept 2026, 00:00 CESTFair value$7.60$7.69$6.49
29 Aug 2026, 00:00 CESTFair value$7.69$6.12$6.42
21 Aug 2026, 00:00 CESTFair value$6.12$4.85$6.79
19 Aug 2026, 00:00 CESTFair value$4.85$6.34$6.26

This analysis is not personalised investment advice and does not take your situation, objectives or risk tolerance into account. ACCE Investments is not an authorised investment firm.

Investing in shares carries a risk of losing capital. The value of an investment can go down as well as up.

Valuation horizon: 12 months from the publication date.

Conflicts of interest. ACCE Investments is operated by Adrien Chantreuil, who may hold personal positions in the securities analysed. Positions are declared on each security. ACCE receives no payment from the companies analysed or from any intermediary for this analysis.

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Snapshot

Growth7Value68Quality26Momentum17Total30
Valuation
Trailing P/E
0.0x
Forward P/E
7.4x
PEG
no data
P/B
1.39x
EV / Revenue
0.6x
Book value/sh
$3.85
Enterprise value
$3.9B
Profitability
ROE
-26.5%
FCF yield
-132.90%
ROIC
-1.7%
Health and risk
Debt / equity
17.84
Dividend yield
5.75%
Beta
2.17

Price

-74.9% · 1Y

Ask anything about CWH

Answered from Camping World Holdings Inc. Class A Common Stock fundamentals + recent valuations. Every number shows its source and date.

This stock Peer Peer median weaker → stronger
P/Ebetter than 100% of peers
low 0.0x0.0xhigh 21.5x
ROEbetter than 67% of peers
low -879%-27%high 17%
Div yieldbetter than 100% of peers
low 0.0%5.8%high 5.8%

Peers

Prices Oct 23, 2026
CompanyPriceFair valuevs fair valueP/EROEQualityScore
CWH Camping World Holdings Inc. Class A Common Stock$4.20----26.5%2630
ARAMI.PA Aramis Group SAS€3.44€535% below21.5x6.8%3536
RDNW RideNow Group Inc. Class B Common Stock$5.42----878.5%2628
UXIN Uxin Limited ADS$0.85----786.8%1333
KXIN Kaixin Holdings Ordinary Shares$1.78--0.1x-288.9%3135
BILI-A.ST Bilia AB (publ)kr 136.40kr 10925% above15.0x17.4%4363
JZXN Jiuzi Holdings Inc. Ordinary Shares$1.07----57.2%3146

Sector report card

Where CWH ranks against its sector peers on each metric.

Computing percentiles…
  • Business Wire•Jul 29, 2026
    Camping World Holdings, Inc. Reports Second Quarter 2026 Results
  • GlobeNewswire•Jul 17, 2026
    Camping World Holdings, Inc. to Announce Second Quarter 2026 Earnings on July 29, 2026, with a Call Premarket on July 30, 2026
  • Business Wire•Apr 29, 2026
    Camping World Holdings, Inc. Reports First Quarter 2026 Results
35 filings of 40
October 2026
Oct 5
8-KCurrent reportPeriod 2026-10-05
View on SEC →
August 2026
Aug 31
8-KCurrent reportPeriod 2026-08-25
View on SEC →
Aug 18
Form 4Insider transactionPeriod 2026-08-15
View on SEC →
32 more filings + AI summaries on Investor+.INVESTOR