595.65 USD
-12.95 (-2.13%)
595.65 USD
0 (0%)
Taking everything into account, CVCO scores 7 out of 10 in our fundamental rating. CVCO was compared to 61 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. 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.
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
Looking at the Return On Assets, with a value of 13.58%, CVCO belongs to the top of the industry, outperforming 93.44% of the companies in the same industry.
CVCO's Return On Equity of 18.12% is amongst the best of the industry. CVCO outperforms 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 9.75%.
| 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.
CVCO's Profit Margin has improved in the last couple of years.
CVCO has a better Operating Margin (10.97%) than 72.13% of its industry peers.
CVCO's Operating Margin has improved in the last couple of years.
CVCO's Gross Margin of 23.79% is in line compared to the rest of the industry. CVCO outperforms 40.98% 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 | 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.
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.
Compared to 1 year ago, CVCO has an improved debt to assets ratio.
2.2 Solvency
CVCO has an Altman-Z score of 11.64. This indicates that CVCO is financially healthy and has little risk of bankruptcy at the moment.
CVCO has a better Altman-Z score (11.64) than 95.08% 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.
With an excellent Debt to FCF ratio value of 0.04, CVCO belongs to the best of the industry, outperforming 86.89% of the companies in the same industry.
CVCO has a Debt/Equity ratio of 0.01. This is a healthy value indicating a solid balance between debt and equity.
With an excellent Debt to Equity ratio value of 0.01, CVCO belongs to the best of the industry, outperforming 80.33% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.01 | ||
| Debt/FCF | 0.04 | ||
| Altman-Z | 11.64 |
ROIC/WACC1.93
WACC8.63%
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 in line with its industry peers.
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's Quick ratio of 2.13 is amongst the best of the industry. CVCO outperforms 88.52% of its industry peers.
| 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.
The Earnings Per Share has been growing by 21.77% on average over the past years. This is a very strong growth
CVCO shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 15.76%.
CVCO shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 13.68% yearly.
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 13.54% on average per year.
CVCO is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 10.38% yearly.
EPS Next Y17.86%
EPS Next 2Y13.54%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year12.77%
Revenue Next 2Y10.38%
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.
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
A Price/Earnings ratio of 23.57 indicates a rather expensive valuation of CVCO.
Based on the Price/Earnings ratio, CVCO is valued a bit more expensive than 67.21% of the companies in the same industry.
CVCO's Price/Earnings ratio indicates a similar valuation than the S&P500 average which is at 26.31.
The Price/Forward Earnings ratio is 21.30, which indicates a rather expensive current valuation of CVCO.
The rest of the industry has a similar Price/Forward Earnings ratio as CVCO.
When comparing the Price/Forward Earnings ratio of CVCO to the average of the S&P500 Index (36.59), we can say CVCO is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 23.57 | ||
| Fwd PE | 21.3 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, CVCO is valued a bit more expensive than 67.21% of the companies in the same industry.
CVCO's Price/Free Cash Flow ratio is in line with the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 25.85 | ||
| EV/EBITDA | 17.04 |
4.3 Compensation for Growth
The 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.
A more expensive valuation may be justified as CVCO's earnings are expected to grow with 13.54% in the coming years.
PEG (NY)1.32
PEG (5Y)1.08
EPS Next 2Y13.54%
EPS Next 3YN/A
5. Dividend
5.1 Amount
CVCO does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
595.65
-12.95 (-2.13%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Durables & Apparel
GICS IndustryHousehold Durables
Earnings (Last)
Earnings (Next)
Inst Owners97.19%
Inst Owner Change1.57%
Ins Owners1.28%
Ins Owner Change-0.06%
Market Cap4.65B
Revenue(TTM)2.14B
Net Income(TTM)196.81M
Analysts80
Price Target598.4 (0.46%)
Short Float %5.34%
Short Ratio2.49
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)4.35%
EPS NQ rev (3m)4.35%
EPS NY rev (1m)2.17%
EPS NY rev (3m)4.46%
Revenue NQ rev (1m)7.94%
Revenue NQ rev (3m)8.29%
Revenue NY rev (1m)3.58%
Revenue NY rev (3m)5.71%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 23.57 | ||
| Fwd PE | 21.3 | ||
| P/S | 2.17 | ||
| P/FCF | 25.85 | ||
| P/OCF | 22.11 | ||
| P/B | 4.28 | ||
| P/tB | 4.91 | ||
| EV/EBITDA | 17.04 |
EPS(TTM)25.27
EY4.24%
EPS(NY)27.96
Fwd EY4.69%
FCF(TTM)23.04
FCFY3.87%
OCF(TTM)26.94
OCFY4.52%
SpS274.49
BVpS139.07
TBVpS121.41
PEG (NY)1.32
PEG (5Y)1.08
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 | 11.64 |
F-Score9
WACC8.63%
ROIC/WACC1.93
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 Y17.86%
EPS Next 2Y13.54%
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 Year12.77%
Revenue Next 2Y10.38%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y42.5%
EBIT growth 3Y-0.37%
EBIT growth 5Y17.93%
EBIT Next Year18.93%
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 17.86% in the next year.