Cavco Industries Inc. (CVCO)
Cavco Industries Statistics
Share Statistics
Cavco Industries has 8.01M shares outstanding. The number of shares has increased by -3.17% in one year.
| Shares Outstanding | 8.01M |
| Shares Change (YoY) | -3.17% |
| Shares Change (QoQ) | -1.15% |
| Owned by Institutions (%) | 94.83% |
| Shares Floating | 7.53M |
| Failed to Deliver (FTD) Shares | 13 |
| FTD / Avg. Volume | 0.02% |
Short Selling Information
The latest short interest is 152.82K, so 1.89% of the outstanding shares have been sold short.
| Short Interest | 152.82K |
| Short % of Shares Out | 1.89% |
| Short % of Float | 2% |
| Short Ratio (days to cover) | 2.74 |
Valuation Ratios
The PE ratio is 21.51 and the forward PE ratio is 21.09. Cavco Industries's PEG ratio is -0.68.
| PE Ratio | 21.51 |
| Forward PE | 21.09 |
| PS Ratio | 1.89 |
| Forward PS | 1.8 |
| PB Ratio | 3.28 |
| P/FCF Ratio | 16.38 |
| PEG Ratio | -0.68 |
Enterprise Valuation
Cavco Industries has an Enterprise Value (EV) of 3.08B.
| EV / Sales | 1.71 |
| EV / EBITDA | 14.03 |
| EV / EBIT | 13.7 |
| EV / FCF | 14.85 |
Financial Position
The company has a current ratio of 3.12, with a Debt / Equity ratio of 0.03.
| Current Ratio | 3.12 |
| Quick Ratio | 2.23 |
| Debt / Equity | 0.03 |
| Debt / EBITDA | 0.16 |
| Debt / FCF | 0.17 |
| Interest Coverage | 108.54 |
Financial Efficiency
Return on Equity is 15.27% and Return on Invested Capital is 13.13%.
| Return on Equity | 15.27% |
| Return on Assets | 11.65% |
| Return on Invested Capital | 13.13% |
| Revenue Per Employee | $276.12K |
| Profits Per Employee | $24.28K |
| Employee Count | 6,500 |
| Asset Turnover | 1.33 |
| Inventory Turnover | 5.67 |
Taxes
| Income Tax | 41.27M |
| Effective Tax Rate | 20.72% |
Stock Price Statistics
The stock price has increased by 37.69% in the last 52 weeks. The beta is 1.35, so Cavco Industries's price volatility has been higher than the market average.
| Beta | 1.35 |
| 52-Week Price Change | 37.69% |
| 50-Day Moving Average | 514.34 |
| 200-Day Moving Average | 446.01 |
| Relative Strength Index (RSI) | 49.57 |
| Average Volume (20 Days) | 69.36K |
Income Statement
In the last 12 months, Cavco Industries had revenue of 1.79B and earned 157.82M in profits. Earnings per share was 18.55.
| Revenue | 1.79B |
| Gross Profit | 426.9M |
| Operating Income | 178.98M |
| Net Income | 157.82M |
| EBITDA | 219.35M |
| EBIT | 200.83M |
| Earnings Per Share (EPS) | 18.55 |
Balance Sheet
The company has 352.69M in cash and 35.15M in debt, giving a net cash position of 317.54M.
| Cash & Cash Equivalents | 352.69M |
| Total Debt | 35.15M |
| Net Cash | 317.54M |
| Retained Earnings | 1.03B |
| Total Assets | 1.39B |
| Working Capital | 592.76M |
Cash Flow
In the last 12 months, operating cash flow was 224.68M and capital expenditures -17.42M, giving a free cash flow of 207.26M.
| Operating Cash Flow | 224.68M |
| Capital Expenditures | -17.42M |
| Free Cash Flow | 207.26M |
| FCF Per Share | 24.36 |
Margins
Gross margin is 23.79%, with operating and profit margins of 9.97% and 8.79%.
| Gross Margin | 23.79% |
| Operating Margin | 9.97% |
| Pretax Margin | 11.1% |
| Profit Margin | 8.79% |
| EBITDA Margin | 12.22% |
| EBIT Margin | 9.97% |
| FCF Margin | 11.55% |
Dividends & Yields
CVCO does not appear to pay any dividends at this time.
| Dividend Per Share | n/a |
| Dividend Yield | n/a |
| Dividend Growth (YoY) | n/a |
| Payout Ratio | n/a |
| Earnings Yield | 4.65% |
| FCF Yield | 6.11% |
Analyst Forecast
The average price target for CVCO is $487.5, which is -5.5% lower than the current price. The consensus rating is "Buy".
| Price Target | $487.5 |
| Price Target Difference | -5.5% |
| Analyst Consensus | Buy |
| Analyst Count | 2 |
Stock Splits
The last stock split was on Feb 1, 2005. It was a forward split with a ratio of 2:1.
| Last Split Date | Feb 1, 2005 |
| Split Type | forward |
| Split Ratio | 2:1 |
Scores
| Altman Z-Score | 11.06 |
| Piotroski F-Score | 7 |