(SKY) Skyline - Overview
Sector: Consumer Cyclical | Industry: Residential Construction | Exchange: NYSE (USA) | Market Cap: 3.896m USD | Total Return: -17.1% in 12m
Avg Turnover: 52.1M
EPS Trend: -55.3%
Qual. Beats: 0
Rev. Trend: 53.4%
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: 213.6m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.12 > 0.02 and ΔFCF/TA 4.97 > 1.0 |
| NWC/Revenue: 26.77% < 20% (prev 25.83%; Δ 0.94% < -1%) |
| CFO/TA 0.14 > 3% & CFO 297.2m > Net Income 213.6m |
| Net Debt (-540.6m) to EBITDA (330.0m): -1.64 < 3 |
| Current Ratio: 2.71 > 1.5 & < 3 |
| Outstanding Shares: last quarter (56.7m) vs 12m ago -2.60% < -2% |
| Gross Margin: 26.27% > 18% (prev 0.25%; Δ 2.60k% > 0.5%) |
| Asset Turnover: 127.0% > 50% (prev 119.1%; Δ 7.93% > 0%) |
| Interest Coverage Ratio: 35.78 > 6 (EBITDA TTM 330.0m / Interest Expense TTM 7.88m) |
| A: 0.33 (Total Current Assets 1.12b - Total Current Liabilities 411.6m) / Total Assets 2.11b |
| B: 0.47 (Retained Earnings 999.0m / Total Assets 2.11b) |
| C: 0.14 (EBIT TTM 282.0m / Avg Total Assets 2.08b) |
| D: 1.89 (Book Value of Equity 986.0m / Total Liabilities 522.1m) |
| Altman-Z'' = 6.63 = AAA |
| DSRI: 0.90 (Receivables 67.1m/68.4m, Revenue 2.64b/2.43b) |
| GMI: 0.94 (GM 26.27% / 24.66%) |
| AQI: 0.93 (AQ_t 0.32 / AQ_t-1 0.35) |
| SGI: 1.09 (Revenue 2.64b / 2.43b) |
| TATA: -0.04 (NI 213.6m - CFO 297.2m) / TA 2.11b) |
| Beneish M = -3.18 (Cap -4..+1) = AA |
As of May 23, 2026, the stock is trading at USD 69.55 with a total of 935,274 shares traded.
Over the past week, the price has changed by +7.12%,
over one month by -13.40%,
over three months by -25.48% and
over the past year by -17.11%.
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 | 95.4 | 37.2% |
P/E Forward = 16.1031
P/S = 1.4779
P/B = 2.2656
Revenue TTM = 2.64b USD
EBIT TTM = 282.0m USD
EBITDA TTM = 330.0m USD
Long Term Debt = 23.8m USD (from longTermDebt, last quarter)
Short Term Debt = 95.3m USD (from shortTermDebt, last quarter)
Debt = 119.1m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = -540.6m USD (calculated: Debt 119.1m - CCE 659.8m)
Enterprise Value = 3.36b USD (3.90b + Debt 119.1m - CCE 659.8m)
Interest Coverage Ratio = 35.78 (Ebit TTM 282.0m / Interest Expense TTM 7.88m)
EV/FCF = 12.92x (Enterprise Value 3.36b / FCF TTM 259.7m)
FCF Yield = 7.74% (FCF TTM 259.7m / Enterprise Value 3.36b)
FCF Margin = 9.85% (FCF TTM 259.7m / Revenue TTM 2.64b)
Net Margin = 8.10% (Net Income TTM 213.6m / Revenue TTM 2.64b)
Gross Margin = 26.27% ((Revenue TTM 2.64b - Cost of Revenue TTM 1.94b) / Revenue TTM)
Gross Margin QoQ = 26.22% (prev 27.02%)
Tobins Q-Ratio = 1.59 (Enterprise Value 3.36b / Total Assets 2.11b)
Interest Expense / Debt = 6.62% (Interest Expense 7.88m / Debt 119.1m)
Taxrate = 18.10% (12.4m / 68.4m)
NOPAT = 231.0m (EBIT 282.0m * (1 - 18.10%))
Current Ratio = 2.71 (Total Current Assets 1.12b / Total Current Liabilities 411.6m)
Debt / Equity = 0.07 (Debt 119.1m / totalStockholderEquity, last quarter 1.59b)
Debt / EBITDA = -1.64 (Net Debt -540.6m / EBITDA 330.0m)
Debt / FCF = -2.08 (Net Debt -540.6m / FCF TTM 259.7m)
Total Stockholder Equity = 1.57b (last 4 quarters mean from totalStockholderEquity)
RoA = 10.29% (Net Income 213.6m / Total Assets 2.11b)
RoE = 13.59% (Net Income TTM 213.6m / Total Stockholder Equity 1.57b)
RoCE = 17.67% (EBIT 282.0m / Capital Employed (Equity 1.57b + L.T.Debt 23.8m))
RoIC = 13.40% (NOPAT 231.0m / Invested Capital 1.72b)
WACC = 8.81% (E(3.90b)/V(4.02b) * Re(8.91%) + D(119.1m)/V(4.02b) * Rd(6.62%) * (1-Tc(0.18)))
Discount Rate = 8.91% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -25.01 | Cagr: -0.81%
[DCF] Terminal Value 76.50% ; FCFF base≈215.4m ; Y1≈247.0m ; Y5≈363.5m
[DCF] Fair Price = 101.3 (EV 5.06b - Net Debt -540.6m = Equity 5.60b / Shares 55.3m; r=8.81% [WACC]; 5y FCF grow 15.0% → 2.50% )
EPS Correlation: -55.25 | EPS CAGR: -14.01% | SUE: 0.76 | # QB: 0
Revenue Correlation: 53.36 | Revenue CAGR: 6.63% | SUE: 0.16 | # QB: 0
EPS current Quarter (2026-06-30): EPS=1.04 | Chg30d=+0.73% | Revisions=-25% | Analysts=4
[Analyst] Revisions Ratio: -25%