(CVCO) Cavco Industries - Ratings and Ratios
Park Models, Cabins, Modular Homes, Mortgages, Insurance
EPS (Earnings per Share)
Revenue
Dividends
Currently no dividends paid| Risk via 5d forecast | |
|---|---|
| Volatility | 39.6% |
| Value at Risk 5%th | 59.7% |
| Relative Tail Risk | -8.25% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 1.06 |
| Alpha | 28.55 |
| CAGR/Max DD | 1.37 |
| Character TTM | |
|---|---|
| Hurst Exponent | 0.545 |
| Beta | 0.819 |
| Beta Downside | 0.698 |
| Drawdowns 3y | |
|---|---|
| Max DD | 26.45% |
| Mean DD | 7.96% |
| Median DD | 6.76% |
Description: CVCO Cavco Industries November 08, 2025
Cavco Industries, Inc. (NASDAQ:CVCO) designs, manufactures, and retails factory-built homes across the United States, operating through two primary segments: Factory-Built Housing and Financial Services. Its product portfolio spans park-model RVs, vacation cabins, modular single- and multi-family homes, and larger commercial structures such as apartments, hotels, workforce housing, schools, and military housing. In addition to home sales, Cavco offers conforming and non-conforming mortgages, home-only loans, and property-casualty insurance to buyers, distributing its offerings via a mix of company-owned and independent retailers, planned community operators, and residential developers. Founded in 1965, the company is headquartered in Phoenix, Arizona.
Key recent metrics indicate FY 2023 revenue of approximately $2.2 billion with a backlog of roughly $1.5 billion, reflecting strong demand for modular construction amid a nationwide labor shortage. The segment’s average selling price rose about 5 % YoY, driven by higher material costs and a shift toward higher-margin multi-family projects. Macro-level drivers include the Fed’s interest-rate policy-elevated rates pressure mortgage demand but also increase the relative cost advantage of factory-built homes versus site-built construction-and a modest rebound in U.S. housing starts, which supports Cavco’s growth outlook.
For a deeper dive into CVCO’s valuation metrics and scenario analysis, the ValueRay platform offers a transparent, data-driven toolkit worth exploring.
Piotroski VR‑10 (Strict, 0-10) 9.5
| Net Income (196.8m TTM) > 0 and > 6% of Revenue (6% = 128.6m TTM) |
| FCFTA 0.12 (>2.0%) and ΔFCFTA 1.85pp (YES ≥ +1.0pp, WARN ≥ +0.5pp) |
| NWC/Revenue 28.76% (prev 31.88%; Δ -3.13pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp) |
| CFO/TA 0.15 (>3.0%) and CFO 210.4m > Net Income 196.8m (YES >=105%, WARN >=100%) |
| Net Debt (-344.6m) to EBITDA (265.6m) ratio: -1.30 <= 3.0 (WARN <= 3.5) |
| Current Ratio 2.94 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active) |
| Outstanding Shares last Quarter (7.99m) change vs 12m ago -3.76% (target <= -2.0% for YES) |
| Gross Margin 23.79% (prev 22.76%; Δ 1.02pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0) |
| Asset Turnover 150.6% (prev 132.5%; Δ 18.13pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0) |
| Interest Coverage Ratio 424.5 (EBITDA TTM 265.6m / Interest Expense TTM 578.0k) >= 6 (WARN >= 3) |
Altman Z'' 10.65
| (A) 0.43 = (Total Current Assets 934.5m - Total Current Liabilities 318.1m) / Total Assets 1.45b |
| (B) 0.90 = Retained Earnings (Balance) 1.30b / Total Assets 1.45b |
| warn (B) unusual magnitude: 0.90 — check mapping/units |
| (C) 0.17 = EBIT TTM 245.4m / Avg Total Assets 1.42b |
| (D) 3.59 = Book Value of Equity 1.30b / Total Liabilities 362.9m |
| Total Rating: 10.65 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D) |
ValueRay F-Score (Strict, 0-100) 75.34
| 1. Piotroski 9.50pt |
| 2. FCF Yield 4.16% |
| 3. FCF Margin 8.40% |
| 4. Debt/Equity 0.03 |
| 5. Debt/Ebitda -1.30 |
| 6. ROIC - WACC (= 8.92)% |
| 7. RoE 18.43% |
| 8. Rev. Trend 15.92% |
| 9. EPS Trend -44.37% |
What is the price of CVCO shares?
Over the past week, the price has changed by +8.64%, over one month by +14.52%, over three months by +22.95% and over the past year by +44.64%.
Is CVCO a buy, sell or hold?
- Strong Buy: 1
- Buy: 1
- Hold: 1
- Sell: 0
- Strong Sell: 0
What are the forecasts/targets for the CVCO price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 605 | -5.9% |
| Analysts Target Price | 605 | -5.9% |
| ValueRay Target Price | 839.4 | 30.6% |
CVCO Fundamental Data Overview January 05, 2026
P/S = 2.1848
P/B = 4.251
P/EG = 2.24
Beta = 1.287
Revenue TTM = 2.14b USD
EBIT TTM = 245.4m USD
EBITDA TTM = 265.6m USD
Long Term Debt = 30.4m USD (from capitalLeaseObligations, last quarter)
Short Term Debt = 6.25m USD (from shortTermDebt, last fiscal year)
Debt = 30.4m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = -344.6m USD (from netDebt column, last quarter)
Enterprise Value = 4.32b USD (4.68b + Debt 30.4m - CCE 391.8m)
Interest Coverage Ratio = 424.5 (Ebit TTM 245.4m / Interest Expense TTM 578.0k)
FCF Yield = 4.16% (FCF TTM 180.0m / Enterprise Value 4.32b)
FCF Margin = 8.40% (FCF TTM 180.0m / Revenue TTM 2.14b)
Net Margin = 9.18% (Net Income TTM 196.8m / Revenue TTM 2.14b)
Gross Margin = 23.79% ((Revenue TTM 2.14b - Cost of Revenue TTM 1.63b) / Revenue TTM)
Gross Margin QoQ = 24.15% (prev 23.26%)
Tobins Q-Ratio = 2.98 (Enterprise Value 4.32b / Total Assets 1.45b)
Interest Expense / Debt = 0.37% (Interest Expense 112.0k / Debt 30.4m)
Taxrate = 22.11% (14.9m / 67.3m)
NOPAT = 191.1m (EBIT 245.4m * (1 - 22.11%))
Current Ratio = 2.94 (Total Current Assets 934.5m / Total Current Liabilities 318.1m)
Debt / Equity = 0.03 (Debt 30.4m / totalStockholderEquity, last quarter 1.09b)
Debt / EBITDA = -1.30 (Net Debt -344.6m / EBITDA 265.6m)
Debt / FCF = -1.91 (Net Debt -344.6m / FCF TTM 180.0m)
Total Stockholder Equity = 1.07b (last 4 quarters mean from totalStockholderEquity)
RoA = 13.82% (Net Income 196.8m / Total Assets 1.45b)
RoE = 18.43% (Net Income TTM 196.8m / Total Stockholder Equity 1.07b)
RoCE = 22.34% (EBIT 245.4m / Capital Employed (Equity 1.07b + L.T.Debt 30.4m))
RoIC = 17.89% (NOPAT 191.1m / Invested Capital 1.07b)
WACC = 8.97% (E(4.68b)/V(4.71b) * Re(9.03%) + D(30.4m)/V(4.71b) * Rd(0.37%) * (1-Tc(0.22)))
Discount Rate = 9.03% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -100.0 | Cagr: -2.64%
[DCF Debug] Terminal Value 73.98% ; FCFF base≈167.1m ; Y1≈157.6m ; Y5≈148.9m
Fair Price DCF = 333.4 (EV 2.26b - Net Debt -344.6m = Equity 2.60b / Shares 7.81m; r=8.97% [WACC]; 5y FCF grow -7.30% → 3.0% )
EPS Correlation: -44.37 | EPS CAGR: -48.16% | SUE: -4.0 | # QB: 0
Revenue Correlation: 15.92 | Revenue CAGR: 7.01% | SUE: 0.53 | # QB: 0
EPS current Year (2026-03-31): EPS=24.50 | Chg30d=-0.805 | Revisions Net=+2 | Growth EPS=+13.3% | Growth Revenue=+13.7%
EPS next Year (2027-03-31): EPS=29.00 | Chg30d=+0.790 | Revisions Net=+2 | Growth EPS=+18.4% | Growth Revenue=+9.2%
Additional Sources for CVCO Stock
Tweets: X | Stocktwits
Fund Manager Positions: Dataroma | Stockcircle