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XNASCVCO
Market cap3.65bUSD
Dec 24, Last price  
450.62USD
1D
1.20%
1Q
6.78%
Jan 2017
351.30%
Name

Cavco Industries Inc

Chart & Performance

D1W1MN
XNAS:CVCO chart
P/E
23.15
P/S
2.04
EPS
19.47
Div Yield, %
0.00%
Shrs. gr., 5y
-1.51%
Rev. gr., 5y
13.27%
Revenues
1.79b
-16.24%
157,435,000189,503,000169,114,000141,914,000105,362,000115,612,000171,827,000443,066,000452,300,000533,339,000566,659,000712,352,000773,797,000871,235,000962,746,0001,061,774,0001,108,051,0001,627,158,0002,142,713,0001,794,792,000
Net income
158m
-34.39%
10,127,00015,049,00011,549,0006,312,000458,000-3,371,0002,831,00015,237,0004,963,00016,238,00023,817,00028,541,00037,955,00061,502,00068,622,00075,066,00076,646,000197,699,000240,554,000157,817,000
CFO
225m
-12.13%
16,257,00016,586,0006,376,0008,996,0001,326,000-9,551,0003,141,00016,430,00020,720,00046,757,00025,698,00043,543,00044,794,00058,771,00032,836,000101,737,000114,031,000144,224,000255,693,000224,682,000
Earnings
Jan 30, 2025

Profile

Cavco Industries, Inc. designs, produces, and retails manufactured homes primarily in the United States. It operates in two segments, Factory-Built Housing and Financial Services. The company markets its manufactured homes under the Cavco, Fleetwood, Palm Harbor, Nationwide, Fairmont, Friendship, Chariot Eagle, Destiny, Commodore, Colony, Pennwest, R-Anell, Manorwood, and MidCountry brands. It also builds park model RVs; vacation cabins; and factory-built commercial structures, including apartment buildings, condominiums, hotels, workforce housing, schools, and housing for the United States military troops. In addition, the company produces various modular homes, which include single and multi-section ranch, split-level, and Cape Cod style homes, as well as two- and three-story homes, and multi-family units. Further, it provides conforming and non-conforming mortgages and home-only loans to purchasers of various brands of factory-built homes sold by company-owned retail stores, as well as various independent distributors, builders, communities, and developers. Additionally, the company offers property and casualty insurance to owners of manufactured homes. As of April 3, 2022, it operated 45 company-owned retail stores in Oregon, Arizona, Nevada, New Mexico, Texas, Indiana, Oklahoma, Florida, and New York. The company also distributes its homes through a network of independent distribution points in 48 states and Canada; and through planned community operators and residential developers. Cavco Industries, Inc. was founded in 1965 and is headquartered in Phoenix, Arizona.
IPO date
Jun 20, 2003
Employees
7,000
Domiciled in
US
Incorporated in
US

Valuation

Title
USD in thousands, except ratios and share amounts
FYFYFYFYFYFYFYFYFYFY
2024‑032023‑032022‑032021‑032020‑032019‑032018‑032017‑032016‑032015‑03
Income
Revenues
1,794,792
-16.24%
2,142,713
31.68%
1,627,158
46.85%
Cost of revenue
1,367,890
1,587,781
1,218,409
Unusual Expense (Income)
NOPBT
426,902
554,932
408,749
NOPBT Margin
23.79%
25.90%
25.12%
Operating Taxes
41,275
65,922
14,247
Tax Rate
9.67%
11.88%
3.49%
NOPAT
385,627
489,010
394,502
Net income
157,817
-34.39%
240,554
21.68%
197,699
157.94%
Dividends
Dividend yield
Proceeds from repurchase of equity
(109,309)
(103,412)
(55,443)
BB yield
3.19%
3.65%
2.45%
Debt
Debt current
784
Long-term debt
70,296
43,356
37,152
Deferred revenue
(17,189)
Other long-term liabilities
7,759
7,820
17,189
Net debt
(317,977)
(261,688)
(261,233)
Cash flow
Cash from operating activities
224,682
255,693
144,224
CAPEX
(17,421)
(44,106)
(18,653)
Cash from investing activities
(31,709)
(129,341)
(159,102)
Cash from financing activities
(107,710)
(102,196)
(65,095)
FCF
377,350
393,949
198,163
Balance
Cash
370,957
286,405
264,236
Long term investments
17,316
18,639
34,933
Excess cash
298,533
197,908
217,811
Stockholders' equity
1,026,888
870,007
629,271
Invested Capital
777,785
791,803
638,247
ROIC
49.14%
68.39%
76.90%
ROCE
39.50%
55.64%
47.44%
EV
Common stock shares outstanding
8,592
8,924
9,264
Price
399.06
25.59%
317.74
30.31%
243.84
4.92%
Market cap
3,428,688
20.91%
2,835,655
25.53%
2,258,971
4.59%
EV
3,110,711
2,575,186
1,998,563
EBITDA
445,427
571,835
419,766
EV/EBITDA
6.98
4.50
4.76
Interest
1,649
910
702
Interest/NOPBT
0.39%
0.16%
0.17%