677.03 USD
+9.33 (+1.4%)
677.03 USD
0 (0%)
Taking everything into account, CVCO scores 7 out of 10 in our fundamental rating. CVCO was compared to 60 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 valued quite expensively, but it does show have an excellent growth rating. This makes CVCO very considerable for growth and quality investing!
1. Profitability
1.1 Basic Checks
CVCO had positive earnings in the past year.
In the past year CVCO had a positive cash flow from operations.
CVCO had positive earnings in each of the past 5 years.
Each year in the past 5 years CVCO had a positive operating cash flow.
1.2 Ratios
The Return On Assets of CVCO (13.58%) is better than 93.33% of its industry peers.
CVCO has a Return On Equity of 18.12%. This is in the better half of the industry: CVCO outperforms 78.33% of its industry peers.
CVCO's Return On Invested Capital of 16.66% is amongst the best of the industry. CVCO outperforms 93.33% of its industry peers.
CVCO had an Average Return On Invested Capital over the past 3 years of 17.08%. This is significantly above the industry average of 9.73%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 13.58% | ||
| ROE | 18.12% | ||
| ROIC | 16.66% |
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
With a decent Profit Margin value of 9.18%, CVCO is doing good in the industry, outperforming 80.00% of the companies in the same industry.
In the last couple of years the Profit Margin of CVCO has grown nicely.
CVCO has a better Operating Margin (10.97%) than 71.67% of its industry peers.
In the last couple of years the Operating Margin of CVCO has grown nicely.
With a Gross Margin value of 23.79%, CVCO is not doing good in the industry: 60.00% of the companies in the same industry are doing better.
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 | 10.97% | ||
| PM (TTM) | 9.18% | ||
| GM | 23.79% |
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
CVCO has a Return on Invested Capital (ROIC), which is well above the Cost of Capital (WACC), which means it is creating value.
The number of shares outstanding for CVCO has been reduced compared to 1 year ago.
CVCO has less shares outstanding than it did 5 years ago.
Compared to 1 year ago, CVCO has an improved debt to assets ratio.
2.2 Solvency
An Altman-Z score of 12.40 indicates that CVCO is not in any danger for bankruptcy at the moment.
The Altman-Z score of CVCO (12.40) is better than 95.00% of its industry peers.
The Debt to FCF ratio of CVCO is 0.04, which is an excellent value as it means it would take CVCO, only 0.04 years of fcf income to pay off all of its debts.
The Debt to FCF ratio of CVCO (0.04) is better than 86.67% 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.
With a decent Debt to Equity ratio value of 0.01, CVCO is doing good in the industry, outperforming 80.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.01 | ||
| Debt/FCF | 0.04 | ||
| Altman-Z | 12.4 |
ROIC/WACC1.82
WACC9.15%
2.3 Liquidity
CVCO has a Current Ratio of 2.94. This indicates that CVCO is financially healthy and has no problem in meeting its short term obligations.
CVCO has a Current ratio (2.94) which is comparable to the rest of the industry.
CVCO has a Quick Ratio of 2.13. This indicates that CVCO is financially healthy and has no problem in meeting its short term obligations.
CVCO has a Quick ratio of 2.13. This is amongst the best in the industry. CVCO outperforms 86.67% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.94 | ||
| Quick Ratio | 2.13 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 42.85% over the past year.
Measured over the past years, CVCO shows a very strong growth in Earnings Per Share. The EPS has been growing by 21.77% on average per year.
The Revenue has grown by 15.76% in the past year. This is quite good.
The Revenue has been growing by 13.68% on average over the past years. This is quite good.
EPS 1Y (TTM)42.85%
EPS 3Y6.18%
EPS 5Y21.77%
EPS Q2Q%24.05%
Revenue 1Y (TTM)15.76%
Revenue growth 3Y7.39%
Revenue growth 5Y13.68%
Sales Q2Q%9.67%
3.2 Future
Based on estimates for the next years, CVCO will show a quite strong growth in Earnings Per Share. The EPS will grow by 14.93% on average per year.
The Revenue is expected to grow by 10.69% on average over the next years. This is quite good.
EPS Next Y19.35%
EPS Next 2Y14.93%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year13.26%
Revenue Next 2Y10.69%
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
The estimated forward EPS growth is still strong, although it is decreasing when compared to the stronger growth in the past years.
The estimated forward Revenue growth is still strong, although it is decreasing when compared to the stronger growth in the past years.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 26.79, which means the current valuation is very expensive for CVCO.
66.67% of the companies in the same industry are cheaper than CVCO, based on the Price/Earnings ratio.
CVCO's Price/Earnings ratio indicates a similar valuation than the S&P500 average which is at 27.25.
The Price/Forward Earnings ratio is 23.63, which indicates a rather expensive current valuation of CVCO.
The rest of the industry has a similar Price/Forward Earnings ratio as CVCO.
CVCO is valuated at similar levels of the S&P average when we compare the Price/Forward Earnings ratio to 23.98, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 26.79 | ||
| Fwd PE | 23.63 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of CVCO indicates a slightly more expensive valuation: CVCO is more expensive than 68.33% of the companies listed in the same industry.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of CVCO is on the same level as its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 29.38 | ||
| EV/EBITDA | 18.85 |
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.
CVCO's earnings are expected to grow with 14.93% in the coming years. This may justify a more expensive valuation.
PEG (NY)1.38
PEG (5Y)1.23
EPS Next 2Y14.93%
EPS Next 3YN/A
5. Dividend
5.1 Amount
No dividends for CVCO!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
677.03
+9.33 (+1.4%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Durables & Apparel
GICS IndustryHousehold Durables
Earnings (Last)
Earnings (Next)
Inst Owners103.39%
Inst Owner Change0.02%
Ins Owners1.3%
Ins Owner Change0.12%
Market Cap5.29B
Revenue(TTM)2.14B
Net Income(TTM)196.81M
Analysts80
Price Target598.4 (-11.61%)
Short Float %4.57%
Short Ratio2.43
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
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)9.43%
Min EPS beat(2)5.44%
Max EPS beat(2)13.41%
EPS beat(4)4
Avg EPS beat(4)16.52%
Min EPS beat(4)5.44%
Max EPS beat(4)38.43%
EPS beat(8)5
Avg EPS beat(8)5.77%
EPS beat(12)7
Avg EPS beat(12)3.34%
EPS beat(16)11
Avg EPS beat(16)10.83%
Revenue beat(2)2
Avg Revenue beat(2)2.25%
Min Revenue beat(2)0.5%
Max Revenue beat(2)3.99%
Revenue beat(4)3
Avg Revenue beat(4)2.48%
Min Revenue beat(4)-1.14%
Max Revenue beat(4)6.56%
Revenue beat(8)6
Avg Revenue beat(8)1.68%
Revenue beat(12)6
Avg Revenue beat(12)-1.21%
Revenue beat(16)10
Avg Revenue beat(16)2.03%
PT rev (1m)0%
PT rev (3m)6.99%
EPS NQ rev (1m)0%
EPS NQ rev (3m)4.35%
EPS NY rev (1m)0%
EPS NY rev (3m)3.47%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)7.94%
Revenue NY rev (1m)0%
Revenue NY rev (3m)4.03%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 26.79 | ||
| Fwd PE | 23.63 | ||
| P/S | 2.47 | ||
| P/FCF | 29.38 | ||
| P/OCF | 25.13 | ||
| P/B | 4.87 | ||
| P/tB | 5.58 | ||
| EV/EBITDA | 18.85 |
EPS(TTM)25.27
EY3.73%
EPS(NY)28.65
Fwd EY4.23%
FCF(TTM)23.04
FCFY3.4%
OCF(TTM)26.94
OCFY3.98%
SpS274.49
BVpS139.07
TBVpS121.41
PEG (NY)1.38
PEG (5Y)1.23
Graham Number281.2
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 13.58% | ||
| ROE | 18.12% | ||
| ROCE | 20.79% | ||
| ROIC | 16.66% | ||
| ROICexc | 25.5% | ||
| ROICexgc | 31.35% | ||
| OM | 10.97% | ||
| PM (TTM) | 9.18% | ||
| GM | 23.79% | ||
| FCFM | 8.4% |
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%
ROICexgc growth 3Y-7.77%
ROICexgc 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-Score9
Asset Turnover1.48
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.01 | ||
| Debt/FCF | 0.04 | ||
| Debt/EBITDA | 0.03 | ||
| Cap/Depr | 150.4% | ||
| Cap/Sales | 1.42% | ||
| Interest Coverage | 1992.68 | ||
| Cash Conversion | 82.39% | ||
| Profit Quality | 91.44% | ||
| Current Ratio | 2.94 | ||
| Quick Ratio | 2.13 | ||
| Altman-Z | 12.4 |
F-Score9
WACC9.15%
ROIC/WACC1.82
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)42.85%
EPS 3Y6.18%
EPS 5Y21.77%
EPS Q2Q%24.05%
EPS Next Y19.35%
EPS Next 2Y14.93%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)15.76%
Revenue growth 3Y7.39%
Revenue growth 5Y13.68%
Sales Q2Q%9.67%
Revenue Next Year13.26%
Revenue Next 2Y10.69%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y42.5%
EBIT growth 3Y-0.37%
EBIT growth 5Y17.93%
EBIT Next Year25.78%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-22.96%
FCF growth 3Y7.77%
FCF growth 5Y12.44%
OCF growth 1Y-16.83%
OCF growth 3Y7.37%
OCF growth 5Y11.91%
CAVCO INDUSTRIES INC / CVCO FAQ
What is the fundamental rating for CVCO stock?
ChartMill assigns a fundamental rating of 7 / 10 to CVCO.
Can you provide the valuation status for CAVCO INDUSTRIES INC?
ChartMill assigns a valuation rating of 3 / 10 to CAVCO INDUSTRIES INC (CVCO). This can be considered as Overvalued.
Can you provide the profitability details for CAVCO INDUSTRIES INC?
CAVCO INDUSTRIES INC (CVCO) has a profitability rating of 7 / 10.
What are the PE and PB ratios of CAVCO INDUSTRIES INC (CVCO) stock?
The Price/Earnings (PE) ratio for CAVCO INDUSTRIES INC (CVCO) is 26.79 and the Price/Book (PB) ratio is 4.87.
How financially healthy is CAVCO INDUSTRIES INC?
The financial health rating of CAVCO INDUSTRIES INC (CVCO) is 9 / 10.