578.64 USD
+0.65 (+0.11%)
578.64 USD
0 (0%)
CVCO gets a fundamental rating of 7 out of 10. The analysis compared the fundamentals against 61 industry peers in the Household Durables industry. CVCO scores excellent points on both the profitability and health parts. This is a solid base for a good stock. CVCO shows excellent growth, but is valued quite expensive already. With these ratings, CVCO could be worth investigating further for growth and quality investing!.
1. Profitability
1.1 Basic Checks
CVCO had positive earnings in the past year.
CVCO had a positive operating cash flow in the past year.
In the past 5 years CVCO has always been profitable.
CVCO had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
The Return On Assets of CVCO (13.58%) is better than 93.44% of its industry peers.
CVCO has a better Return On Equity (18.12%) than 80.33% of its industry peers.
CVCO has a Return On Invested Capital of 16.66%. This is amongst the best in the industry. CVCO outperforms 93.44% of its industry peers.
The Average Return On Invested Capital over the past 3 years for CVCO 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
The Profit Margin of CVCO (9.18%) is better than 80.33% of its industry peers.
In the last couple of years the Profit Margin of CVCO has grown nicely.
CVCO has a Operating Margin of 10.97%. This is in the better half of the industry: CVCO outperforms 72.13% of its industry peers.
CVCO's Operating Margin has improved in the last couple of years.
CVCO has a Gross Margin (23.79%) which is in line with 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 | 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
With a Return on Invested Capital (ROIC) well above the Cost of Capital (WACC), CVCO is creating value.
The number of shares outstanding for CVCO has been reduced compared to 1 year ago.
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 11.25 indicates that CVCO is not in any danger for bankruptcy at the moment.
With an excellent Altman-Z score value of 11.25, CVCO belongs to the best of the industry, outperforming 95.08% of the companies in the same industry.
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.
CVCO has a better Debt to FCF ratio (0.04) than 86.89% of its industry peers.
A Debt/Equity ratio of 0.01 indicates that CVCO is not too dependend on debt financing.
CVCO's Debt to Equity ratio of 0.01 is amongst the best of the industry. CVCO outperforms 80.33% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.01 | ||
| Debt/FCF | 0.04 | ||
| Altman-Z | 11.25 |
ROIC/WACC1.84
WACC9.07%
2.3 Liquidity
A Current Ratio of 2.94 indicates that CVCO has no problem at all paying 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.
Looking at the Quick ratio, with a value of 2.13, CVCO belongs to the top of the industry, outperforming 88.52% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.94 | ||
| Quick Ratio | 2.13 |
3. Growth
3.1 Past
CVCO shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 42.85%, which is quite impressive.
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 15.76%.
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
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.
Although the future Revenue growth is still strong, it is not able to hold up the even more excellent growth rate of the past years.
4. Valuation
4.1 Price/Earnings Ratio
CVCO is valuated rather expensively with a Price/Earnings ratio of 22.90.
Compared to the rest of the industry, the Price/Earnings ratio of CVCO indicates a slightly more expensive valuation: CVCO is more expensive than 65.57% of the companies listed in the same industry.
CVCO's Price/Earnings ratio indicates a similar valuation than the S&P500 average which is at 26.49.
A Price/Forward Earnings ratio of 20.20 indicates a rather expensive valuation of CVCO.
Compared to the rest of the industry, the Price/Forward Earnings ratio of CVCO is on the same level as its industry peers.
CVCO's Price/Forward Earnings ratio indicates a similar valuation than the S&P500 average which is at 23.69.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 22.9 | ||
| Fwd PE | 20.2 |
4.2 Price Multiples
65.57% of the companies in the same industry are cheaper than CVCO, based on the Enterprise Value to EBITDA ratio.
The rest of the industry has a similar Price/Free Cash Flow ratio as CVCO.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 25.11 | ||
| EV/EBITDA | 16.12 |
4.3 Compensation for Growth
CVCO's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
The excellent profitability rating of CVCO 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)1.18
PEG (5Y)1.05
EPS Next 2Y14.93%
EPS Next 3YN/A
5. Dividend
5.1 Amount
CVCO does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
578.64
+0.65 (+0.11%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Durables & Apparel
GICS IndustryHousehold Durables
Earnings (Last)
Earnings (Next)
Inst Owners103.15%
Inst Owner Change1.58%
Ins Owners1.3%
Ins Owner Change0.11%
Market Cap4.52B
Revenue(TTM)2.14B
Net Income(TTM)196.81M
Analysts80
Price Target598.4 (3.41%)
Short Float %4.59%
Short Ratio2.33
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)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)6.99%
PT rev (3m)6.99%
EPS NQ rev (1m)0%
EPS NQ rev (3m)4.35%
EPS NY rev (1m)1.26%
EPS NY rev (3m)3.47%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)7.94%
Revenue NY rev (1m)0.43%
Revenue NY rev (3m)4.97%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 22.9 | ||
| Fwd PE | 20.2 | ||
| P/S | 2.11 | ||
| P/FCF | 25.11 | ||
| P/OCF | 21.48 | ||
| P/B | 4.16 | ||
| P/tB | 4.77 | ||
| EV/EBITDA | 16.12 |
EPS(TTM)25.27
EY4.37%
EPS(NY)28.65
Fwd EY4.95%
FCF(TTM)23.04
FCFY3.98%
OCF(TTM)26.94
OCFY4.66%
SpS274.49
BVpS139.07
TBVpS121.41
PEG (NY)1.18
PEG (5Y)1.05
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 | 11.25 |
F-Score9
WACC9.07%
ROIC/WACC1.84
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.
What is the valuation status of CAVCO INDUSTRIES INC (CVCO) stock?
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 8 / 10.
Can you provide the expected EPS growth for CVCO stock?
The Earnings per Share (EPS) of CAVCO INDUSTRIES INC (CVCO) is expected to grow by 19.35% in the next year.