(SKY) Skyline - NYSE
Sector: Consumer Cyclical | Industry: Residential Construction | Exchange: NYSE (USA) | Market Cap: 4.575m USD | Total Return: 33.5% in 12m
Avg Turnover: 60.5M
EPS Trend: -26.8%
Qual. Beats: 0
Rev. Trend: 84.7%
Qual. Beats: 0
Warnings
Choppy
Tailwinds
No distinct edge detected
Champion Homes, Inc. (NYSE: SKY), formerly known as Skyline Champion Corporation, is a leading producer of factory-built housing operating across the United States and western Canada. The company utilizes a vertically integrated business model that encompasses manufacturing, retail distribution, construction installation services, and logistics. Its product portfolio includes manufactured and modular homes, accessory dwelling units (ADUs), and commercial structures marketed under various regional brands such as Genesis Homes and Silvercrest.
The company operates within the off-site construction sector, which typically offers lower price points and faster delivery timelines compared to traditional site-built residential construction. This industry benefits from standardized production environments that mitigate weather-related delays and labor shortages common in the broader housing market. Investors can evaluate the company’s valuation metrics and growth trajectory further at ValueRay.
Headquartered in Troy, Michigan, Champion Homes maintains a diverse retail network through brands like Regional Homes and Titan Factory Direct. By controlling the transportation and setup phases of the home-buying process, the company captures value across multiple stages of the supply chain while addressing the increasing demand for affordable single and multi-family housing solutions.
- High interest rates and mortgage costs suppress demand for new manufactured homes
- Expansion of factory-direct retail operations improves consolidated gross margins
- Integration of Regional Homes acquisition drives market share growth in US South
- Rising material and labor costs impact unit profitability across manufacturing plants
- Affordable housing shortages increase long-term demand for lower-cost modular building solutions
| Net Income: 206.9m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.13 > 0.02 and ΔFCF/TA 3.64 > 1.0 |
| NWC/Revenue: 26.38% < 20% (prev 25.58%; Δ 0.80% < -1%) |
| CFO/TA 0.14 > 3% & CFO 303.9m > Net Income 206.9m |
| Net Debt (-529.2m) to EBITDA (323.4m): -1.64 < 3 |
| Current Ratio: 2.65 > 1.5 & < 3 |
| Outstanding Shares: last quarter (56.7m) vs 12m ago -2.38% < -2% |
| Gross Margin: 26.22% > 18% (prev 26.23%; Δ -0.01% > 0.5%) |
| Asset Turnover: 125.6% > 50% (prev 117.7%; Δ 7.91% > 0%) |
| Interest Coverage Ratio: 36.51 > 6 (EBIT TTM 275.6m / Interest Expense TTM 7.55m) |
| A: 0.33 (Total Current Assets 1.13b - Total Current Liabilities 425.5m) / Total Assets 2.13b |
| B: 0.46 (Retained Earnings 975.9m / Total Assets 2.13b) |
| C: 0.13 (EBIT TTM 275.6m / Avg Total Assets 2.12b) |
| D: 2.82 (Book Value of Equity 1.57b / Total Liabilities 558.6m) |
| Altman-Z'' = 7.49 = AAA |
| DSRI: 0.98 (Receivables 88.8m/84.1m, Revenue 2.66b/2.48b) |
| GMI: 1.00 (GM 26.23% / 26.22%) |
| AQI: 0.95 (AQ_t 0.32 / AQ_t-1 0.34) |
| SGI: 1.07 (Revenue 2.66b / 2.48b) |
| TATA: -0.05 (NI 206.9m - CFO 303.9m) / TA 2.13b) |
| Beneish M = -3.02 (Cap -4..+1) = AA |
As of June 22, 2026, the stock is trading at USD 83.34 with a total of 1,249,453 shares traded. Over the past week, the price has changed by +3.58%, over one month by +19.83%, over three months by +10.72% and over the past year by +33.54%.
Current recommended Stop Loss: 79.30 (which is 4.8% or 1.2 ATR below the current price).
Skyline has received a consensus analysts rating of 3.43. Therefore, it is recommended to hold SKY.
- StrongBuy: 1
- Buy: 1
- Hold: 5
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 90.7 | 8.8% |
P/E Trailing = 22.7705
P/E Forward = 22.9358
P/S = 1.7175
P/B = 2.9085
Revenue TTM = 2.66b USD
EBIT TTM = 275.6m USD
EBITDA TTM = 323.4m USD
Long Term Debt = 14.4m USD (from longTermDebt, last quarter)
Short Term Debt = 94.6m USD (from shortTermDebt, last quarter)
Debt = 109.1m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = -529.2m USD (calculated: Debt 109.1m - CCE 638.3m)
Enterprise Value = 4.05b USD (4.57b + Debt 109.1m - CCE 638.3m)
Interest Coverage Ratio = 36.51 (Ebit TTM 275.6m / Interest Expense TTM 7.55m)
EV/FCF = 15.00x (Enterprise Value 4.05b / FCF TTM 269.7m)
FCF Yield = 6.67% (FCF TTM 269.7m / Enterprise Value 4.05b)
FCF Margin = 10.13% (FCF TTM 269.7m / Revenue TTM 2.66b)
Net Margin = 7.77% (Net Income TTM 206.9m / Revenue TTM 2.66b)
Gross Margin = 26.22% ((Revenue TTM 2.66b - Cost of Revenue TTM 1.97b) / Revenue TTM)
Gross Margin QoQ = 24.85% (prev 26.22%)
Tobins Q-Ratio = 1.90 (Enterprise Value 4.05b / Total Assets 2.13b)
Interest Expense / Debt = 6.92% (Interest Expense 7.55m / Debt 109.1m)
Taxrate = 20.95% (56.8m / 271.0m)
NOPAT = 217.9m (EBIT 275.6m * (1 - 20.95%))
Current Ratio = 2.65 (Total Current Assets 1.13b / Total Current Liabilities 425.5m)
Debt / Equity = 0.07 (Debt 109.1m / totalStockholderEquity, last quarter 1.57b)
Debt / EBITDA = -1.64 (Net Debt -529.2m / EBITDA 323.4m)
Debt / FCF = -1.96 (Net Debt -529.2m / FCF TTM 269.7m)
Total Stockholder Equity = 1.58b (last 4 quarters mean from totalStockholderEquity)
RoA = 9.75% (Net Income 206.9m / Total Assets 2.13b)
RoE = 13.10% (Net Income TTM 206.9m / Total Stockholder Equity 1.58b)
RoCE = 17.29% (EBIT 275.6m / Capital Employed (Equity 1.58b + L.T.Debt 14.4m))
RoIC = 13.07% (NOPAT 217.9m / Invested Capital 1.67b)
WACC = 8.66% (E(4.57b)/V(4.68b) * Re(8.74%) + D(109.1m)/V(4.68b) * Rd(6.92%) * (1-Tc(0.21)))
Discount Rate = 8.74% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -44.23 | Cagr: -1.02%
[DCF] Terminal Value 76.96% ; FCFF base≈238.0m ; Y1≈272.8m ; Y5≈401.5m
[DCF] Fair Price = 114.0 (EV 5.73b - Net Debt -529.2m = Equity 6.26b / Shares 54.9m; r=8.66% [WACC]; 5y FCF grow 15.0% → 2.50% )
EPS Correlation: -26.75 | EPS CAGR: -4.76% | SUE: 0.36 | # QB: 0
Revenue Correlation: 84.71 | Revenue CAGR: 10.95% | SUE: 0.33 | # QB: 0
EPS current Quarter (2026-06-30): EPS=0.87 | Chg30d=-16.06% | Revisions=-50% | Analysts=6
EPS next Quarter (2026-09-30): EPS=0.89 | Chg30d=-11.16% | Revisions=-50% | Analysts=6
EPS current Year (2027-03-31): EPS=3.40 | Chg30d=-8.62% | Revisions=-50% | GrowthEPS=-11.8% | GrowthRev=+3.3%
EPS next Year (2028-03-31): EPS=4.02 | Chg30d=-6.20% | Revisions=-33% | GrowthEPS=+18.3% | GrowthRev=+6.0%
[Analyst] Revisions Ratio: -50%