Camping World Holdings (CWH) Fair Value & Analysis

Consumer Cyclical · US · Market cap $493M

Below-average quality, and screening another 30% overvalued on our models.

What matters now

• The price sits above even our optimistic bull case ($4.42). The favourable scenario is already priced in.
• Weak quality (28/100) and above fair value at the same time, the margin of safety is missing on both counts.

Price vs Fair Value (5 years)

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 24, 2026.

How to read this chart

60‑month range $5.63 – $37.95 · fair‑value band $2.74 – $4.42 · the $6.32 price screens above the $4.42 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 24, 2026.

Full chart & analysis →

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Analysis

Camping World Holdings (CWH) currently trades at $6.32, while our model-based Fair Value estimate is $4.42, implying the stock looks roughly 30.1% overvalued today. The Quality Score stands at 28/100 (below-average quality), in the Consumer Cyclical sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium, the entry price still matters most (evidence: medium).

Over the trailing twelve months, Camping World Holdings generated revenue of $6.3B at a net margin of -1.5%. Revenue declined 4.2% year over year. It earns a return on equity of -26.6%. Net debt stands at $3.9B. Fundamentals as of Jul 24, 2026

Our scenario range runs from $2.74 (bear case) to $4.42 (bull case); at $6.32, the current price sits above that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades about 67% below its 52-week high and 11% above its 52-week low, currently below its 200-day average. For context, the median of 10 Consumer Cyclical peers we cover trades at -14% fair-value upside, at -30%, CWH screens richer than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.

Widest divergence: Multiples ($31.74) versus Asset-Based ($2.41). Highest evidence: Gordon GGM (70).

Key figures & financial health

Quality Score breakdown

About the company

Camping World Holdings, Inc., together its subsidiaries, retails recreational vehicles (RVs), and related products and services in the United States. It operates through two segments, Good Sam Services and Plans; and RV and Outdoor Retail. The company provides a portfolio of services, protection plans, products, and resources in the RV industry.

Full company description

Camping World Holdings, Inc., together its subsidiaries, retails recreational vehicles (RVs), and related products and services in the United States. It operates through two segments, Good Sam Services and Plans; and RV and Outdoor Retail. The company provides a portfolio of services, protection plans, products, and resources in the RV industry. It also offers extended vehicle service contracts; vehicle roadside assistance plans; property and casualty insurance; travel protection, travel planning, and directories; and publications, as well as operates the Coast to Coast Resorts and Good Sam Campgrounds. In addition, the company provides new and used RVs; vehicle financing; RV repair and maintenance services; protection plans and services; various RV parts, equipment, supplies, and accessories, which include towing and hitching products, satellite and GPS systems, electrical and lighting products, appliances and furniture, and other products; and collision repair services comprising fiberglass front and rear cap replacement, windshield replacement, interior remodel solutions, and paint and body work. Further, it offers co-branded credit cards; operates Good Sam Club, a membership organization that offers savings on a range of products and services; and facilitates an RV rental platform that connects travelers with RV owners. The company serves customers through dealerships and service centers, and online and e-commerce platforms. Camping World Holdings, Inc. was founded in 1966 and is headquartered in Lincolnshire, Illinois.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Camping World Holdings reported revenue of $6.4B in FY2025 versus $6.9B in FY2021, a compound −2.0%/yr. Reported net income was −$89.8M in FY2025.

CWH screens 30% overvalued. Compare with Carvana Co →

Earlier news

External third-party headlines (Yahoo Finance, Reuters and others), not an editorial selection.

• Camping World (CWH) Surpasses Q2 Earnings Estimates Yahoo Finance · Jul 29, 2026
• Camping World Holdings (CWH) Stock Sees Fair Value Cut As Analysts Trim Targets Yahoo Finance · Jul 3, 2026

Peer Group

Auto & Truck Dealerships · 102 stocks

How this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.

Valuation Multiples vs Auto & Truck Dealerships median · lower = cheaper

Snowflake

Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.

VALUE 0: the price sits above our fair-value range.

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

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Frequently asked questions

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data, nothing guessed.