CAVCO INDUSTRIES INC (CVCO) Stock Fundamental Analysis
NASDAQ:CVCO - Nasdaq - US1495681074 - Common Stock - Currency: USD
Overall CVCO gets a fundamental rating of 6 out of 10. We evaluated CVCO against 64 industry peers in the Household Durables industry. CVCO has outstanding health and profitabily ratings, belonging to the best of the industry. This is a solid base for any company. CVCO is quite expensive at the moment. It does show a decent growth rate. With these ratings, CVCO could be worth investigating further for quality investing!.
1. Profitability
1.1 Basic Checks
In the past year CVCO was profitable.
In the past year CVCO had a positive cash flow from operations.
CVCO had positive earnings in each of the past 5 years.
CVCO had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
CVCO's Return On Assets of 12.16% is amongst the best of the industry. CVCO outperforms 89.06% of its industry peers.
Looking at the Return On Equity, with a value of 16.07%, CVCO is in the better half of the industry, outperforming 70.31% of the companies in the same industry.
CVCO's Return On Invested Capital of 14.55% is amongst the best of the industry. CVCO outperforms 82.81% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for CVCO is significantly above the industry average of 10.34%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 12.16% | ||
| ROE | 16.07% | ||
| ROIC | 14.55% |
ROA(3y)14.07%
ROA(5y)13.47%
ROE(3y)18.66%
ROE(5y)18.2%
ROIC(3y)17.08%
ROIC(5y)16.01%
1.3 Margins
CVCO has a Profit Margin of 8.49%. This is in the better half of the industry: CVCO outperforms 70.31% of its industry peers.
CVCO's Profit Margin has improved in the last couple of years.
Looking at the Operating Margin, with a value of 9.94%, CVCO is in line with its industry, outperforming 57.81% of the companies in the same industry.
CVCO's Operating Margin has improved in the last couple of years.
CVCO's Gross Margin of 23.10% is on the low side compared to the rest of the industry. CVCO is outperformed by 62.50% of its industry peers.
In the last couple of years the Gross Margin of CVCO has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 9.94% | ||
| PM (TTM) | 8.49% | ||
| GM | 23.1% |
OM growth 3Y-7.23%
OM growth 5Y3.74%
PM growth 3Y-11.27%
PM growth 5Y3.71%
GM growth 3Y-2.75%
GM growth 5Y1.25%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), CVCO is creating some value.
Compared to 1 year ago, CVCO has less shares outstanding
The number of shares outstanding for CVCO has been reduced compared to 5 years ago.
CVCO has a better debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 10.05 indicates that CVCO is not in any danger for bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 10.05, CVCO belongs to the top of the industry, outperforming 95.31% of the companies in the same industry.
The Debt to FCF ratio of CVCO is 0.05, which is an excellent value as it means it would take CVCO, only 0.05 years of fcf income to pay off all of its debts.
CVCO has a Debt to FCF ratio of 0.05. This is amongst the best in the industry. CVCO outperforms 87.50% of its industry peers.
CVCO has a Debt/Equity ratio of 0.01. This is a healthy value indicating a solid balance between debt and equity.
The Debt to Equity ratio of CVCO (0.01) is better than 81.25% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.01 | ||
| Debt/FCF | 0.05 | ||
| Altman-Z | 10.05 |
ROIC/WACC1.44
WACC10.1%
2.3 Liquidity
CVCO has a Current Ratio of 3.00. This indicates that CVCO is financially healthy and has no problem in meeting its short term obligations.
CVCO has a better Current ratio (3.00) than 60.94% of its industry peers.
A Quick Ratio of 2.17 indicates that CVCO has no problem at all paying its short term obligations.
CVCO has a better Quick ratio (2.17) than 89.06% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 3 | ||
| Quick Ratio | 2.17 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an nice 18.20% over the past year.
CVCO shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 21.77% yearly.
CVCO shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 12.30%.
Measured over the past years, CVCO shows a quite strong growth in Revenue. The Revenue has been growing by 13.68% on average per year.
EPS 1Y (TTM)18.2%
EPS 3Y6.18%
EPS 5Y21.77%
EPS Q2Q%34%
Revenue 1Y (TTM)12.3%
Revenue growth 3Y7.39%
Revenue growth 5Y13.68%
Sales Q2Q%21%
3.2 Future
The Earnings Per Share is expected to grow by 12.86% on average over the next years. This is quite good.
Based on estimates for the next years, CVCO will show a small growth in Revenue. The Revenue will grow by 6.38% on average per year.
EPS Next Y12.83%
EPS Next 2Y12.86%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year6.68%
Revenue Next 2Y6.38%
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
Although the future EPS growth is still strong, it is not able to hold up the even more excellent growth rate of the past years.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 21.09, the valuation of CVCO can be described as rather expensive.
CVCO's Price/Earnings is on the same level as the industry average.
CVCO is valuated rather cheaply when we compare the Price/Earnings ratio to 27.45, which is the current average of the S&P500 Index.
With a Price/Forward Earnings ratio of 18.69, CVCO is valued on the expensive side.
Compared to the rest of the industry, the Price/Forward Earnings ratio of CVCO indicates a slightly more expensive valuation: CVCO is more expensive than 60.94% of the companies listed in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 21.90, CVCO is valued at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 21.09 | ||
| Fwd PE | 18.69 |
4.2 Price Multiples
65.63% of the companies in the same industry are cheaper than CVCO, based on the Enterprise Value to EBITDA ratio.
CVCO's Price/Free Cash Flow ratio is in line with the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 23.36 | ||
| EV/EBITDA | 14.94 |
4.3 Compensation for Growth
The PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
CVCO has a very decent profitability rating, which may justify a higher PE ratio.
A more expensive valuation may be justified as CVCO's earnings are expected to grow with 12.86% in the coming years.
PEG (NY)1.64
PEG (5Y)0.97
EPS Next 2Y12.86%
EPS Next 3YN/A
5. Dividend
5.1 Amount
No dividends for CVCO!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
NASDAQ:CVCO (7/3/2025, 7:14:39 PM)
457.42
-1.98 (-0.43%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Durables & Apparel
GICS IndustryHousehold Durables
Earnings (Last)
Earnings (Next)
Inst Owners97.55%
Inst Owner Change3.48%
Ins Owners1.06%
Ins Owner Change1.51%
Market Cap3.67B
Analysts80
Price Target562.7 (23.02%)
Short Float %2.57%
Short Ratio1.37
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)23.61%
Min EPS beat(2)8.78%
Max EPS beat(2)38.43%
EPS beat(4)3
Avg EPS beat(4)10.39%
Min EPS beat(4)-14.33%
Max EPS beat(4)38.43%
EPS beat(8)3
Avg EPS beat(8)0.61%
EPS beat(12)7
Avg EPS beat(12)7.14%
EPS beat(16)11
Avg EPS beat(16)14.66%
Revenue beat(2)1
Avg Revenue beat(2)2.71%
Min Revenue beat(2)-1.14%
Max Revenue beat(2)6.56%
Revenue beat(4)3
Avg Revenue beat(4)2.6%
Min Revenue beat(4)-1.14%
Max Revenue beat(4)6.56%
Revenue beat(8)4
Avg Revenue beat(8)-1.08%
Revenue beat(12)6
Avg Revenue beat(12)0.88%
Revenue beat(16)10
Avg Revenue beat(16)2.53%
PT rev (1m)0.61%
PT rev (3m)0.61%
EPS NQ rev (1m)-12.94%
EPS NQ rev (3m)-9.66%
EPS NY rev (1m)-6.11%
EPS NY rev (3m)-6.72%
Revenue NQ rev (1m)-2.75%
Revenue NQ rev (3m)-2.75%
Revenue NY rev (1m)-0.27%
Revenue NY rev (3m)-1.57%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 21.09 | ||
| Fwd PE | 18.69 | ||
| P/S | 1.82 | ||
| P/FCF | 23.36 | ||
| P/OCF | 20.55 | ||
| P/B | 3.45 | ||
| P/tB | 3.96 | ||
| EV/EBITDA | 14.94 |
EPS(TTM)21.69
EY4.74%
EPS(NY)24.47
Fwd EY5.35%
FCF(TTM)19.58
FCFY4.28%
OCF(TTM)22.26
OCFY4.87%
SpS251.3
BVpS132.74
TBVpS115.45
PEG (NY)1.64
PEG (5Y)0.97
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 12.16% | ||
| ROE | 16.07% | ||
| ROCE | 18.15% | ||
| ROIC | 14.55% | ||
| ROICexc | 22.07% | ||
| ROICexgc | 27.27% | ||
| OM | 9.94% | ||
| PM (TTM) | 8.49% | ||
| GM | 23.1% | ||
| FCFM | 7.79% |
ROA(3y)14.07%
ROA(5y)13.47%
ROE(3y)18.66%
ROE(5y)18.2%
ROIC(3y)17.08%
ROIC(5y)16.01%
ROICexc(3y)24.97%
ROICexc(5y)24.24%
ROICexgc(3y)31.2%
ROICexgc(5y)30.7%
ROCE(3y)21.31%
ROCE(5y)19.98%
ROICexcg growth 3Y-7.77%
ROICexcg growth 5Y2.48%
ROICexc growth 3Y-6.74%
ROICexc growth 5Y3.67%
OM growth 3Y-7.23%
OM growth 5Y3.74%
PM growth 3Y-11.27%
PM growth 5Y3.71%
GM growth 3Y-2.75%
GM growth 5Y1.25%
F-Score7
Asset Turnover1.43
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.01 | ||
| Debt/FCF | 0.05 | ||
| Debt/EBITDA | 0.03 | ||
| Cap/Depr | 111.26% | ||
| Cap/Sales | 1.06% | ||
| Interest Coverage | 18206.9 | ||
| Cash Conversion | 81.31% | ||
| Profit Quality | 91.83% | ||
| Current Ratio | 3 | ||
| Quick Ratio | 2.17 | ||
| Altman-Z | 10.05 |
F-Score7
WACC10.1%
ROIC/WACC1.44
Cap/Depr(3y)155.42%
Cap/Depr(5y)208.2%
Cap/Sales(3y)1.36%
Cap/Sales(5y)1.51%
Profit Quality(3y)103.7%
Profit Quality(5y)98.03%
High Growth Momentum
Growth
EPS 1Y (TTM)18.2%
EPS 3Y6.18%
EPS 5Y21.77%
EPS Q2Q%34%
EPS Next Y12.83%
EPS Next 2Y12.86%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)12.3%
Revenue growth 3Y7.39%
Revenue growth 5Y13.68%
Sales Q2Q%21%
Revenue Next Year6.68%
Revenue Next 2Y6.38%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y11.87%
EBIT growth 3Y-0.37%
EBIT growth 5Y17.93%
EBIT Next Year28.35%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-24.22%
FCF growth 3Y7.77%
FCF growth 5Y12.44%
OCF growth 1Y-20.56%
OCF growth 3Y7.37%
OCF growth 5Y11.91%