| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|
| Revenue (M) | $1,062 | $1,108 | $1,627 | $2,143 | $1,795 | $2,015 |
| Gross Margins | 22% | 22% | 25% | 26% | 24% | 23% |
| Net Margins | 7% | 7% | 12% | 11% | 9% | 8% |
| Net Income (M) | $75 | $77 | $198 | $241 | $158 | $171 |
| Net Interest Expense (M) | $1 | $1 | $1 | $1 | $2 | $0 |
| Depreciation & Amort. (M) | $5 | $6 | $10 | $15 | $17 | $18 |
| Diluted Shares (M) | 9 | 9 | 9 | 8 | 8 | 8 |
| Earnings Per Share | $8.1 | $8.25 | $21.34 | $26.95 | $18.37 | $20.71 |
| EPS Growth | n/a | 1.85% | 158.67% | 26.29% | -31.84% | 12.74% |
| Avg. Price | $161.89 | $184.18 | $236.71 | $247.85 | $346.62 | $448.8 |
| P/E Ratio | 19.69 | 22.08 | 10.99 | 9.11 | 18.69 | 21.4 |
| Free Cash Flow (M) | $87 | $88 | $126 | $212 | $207 | $157 |
| CAPEX (M) | $14 | $26 | $19 | $44 | $17 | $21 |
| EV / EBITDA | 14.28 | 16.79 | 8.7 | 6.23 | 13.94 | 17.44 |
| Total Debt (M) | $129 | $119 | $118 | $146 | $224 | $251 |
| Net Debt / EBITDA | -2.2 | -1.11 | -1.21 | -0.66 | -0.71 | 0.13 |
| Current Ratio | 2.93 | 2.24 | 2.99 | 3.07 | 3.08 | 2.49 |
Cavco Industries Inc. is a company in the Residential Construction industry. Its financials show that the company's gross margins align closely with the industry average, but its operating margins are slightly lower. However, there is a positive trend in the company's margins and revenue growth, with stable reinvestment levels.
Cavco Industries displays strong revenue growth at an annual rate of 13.2%, accompanied by a 16.9% annualized growth in earnings per share over the last 6 years. The company's PEG ratio, which indicates the stock's valuation while considering its growth rate, is close to the market average, suggesting fair valuation.
The company's financial health is also notable, with a high current ratio and strong free cash flows. Additionally, its leverage levels are healthy, as indicated by the Net Debt / EBITDA ratio. The company's P/E ratio is slightly higher than the sector average, but its forward P/E ratio based on earnings guidance is lower. The Price to Book Ratio is consistent with the sector average.
