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CVCO

Cavco Industries Inc

$282.85

Earnings Summary

Revenue
$505.48Mn
Net Profits
$53.36Mn
Net Profit Margins
10.56%
PE Ratio
11.1

Highlights

Revenue:

Cavco Industries Inc’s revenue jumped 64.92% since last year same period to $505.48Mn in the Q1 2022. On a quarterly growth basis, Cavco Industries Inc has generated 17.09% jump in its revenue since last 3-months.

Net Profits:

Cavco Industries Inc’s net profit jumped 111.54% since last year same period to $53.36Mn in the Q1 2022. On a quarterly growth basis, Cavco Industries Inc has generated -32.98% fall in its net profits since last 3-months.

Net Profit Margins:

Cavco Industries Inc’s net profit margin jumped 28.27% since last year same period to 10.56% in the Q1 2022. On a quarterly growth basis, Cavco Industries Inc has generated -42.76% fall in its net profit margins since last 3-months.

PE Ratio:

Cavco Industries Inc’s price-to-earnings ratio after this Q1 2022 earnings stands at 11.1.

Earnings per share (EPS) Estimates

Earnings per share (EPS) estimates of the Cavco Industries Inc post its latest quarter earnings

EPS Estimate Current Quarter
5.13
EPS Estimate Current Year
5.13

Highlights

EPS Estimate Current Quarter:

Cavco Industries Inc’s earning per share (EPS) estimates for the current quarter stand at 5.13 - a 6.65% jump from last quarter’s estimates.

EPS Estimate Current Year:

Cavco Industries Inc’s earning per share (EPS) estimates for the current year stand at 5.13.

Key Ratios

Key ratios of the Cavco Industries Inc post its Q1 2022 earnings

Earning Per Share (EPS)
5.8
Return on Assets (ROA)
0.14
Return on Equity (ROE)
0.3
Dividend Per Share (DPS)
0

Highlights

Earning Per Share (EPS):

Cavco Industries Inc’s earning per share (EPS) jumped 114.02% since last year same period to 5.8 in the Q1 2022. This indicates that the Cavco Industries Inc has generated 114.02% annual rate of jump in its earning per share (EPS) in the last 4 quarters.

Return on Assets (ROA):

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Cavco Industries Inc’s return on assets (ROA) stands at 0.14.

Earning Per Share (EPS):

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Cavco Industries Inc’s return on equity (ROE) stands at 0.3.

Dividend Per Share (DPS):

Cavco Industries Inc declared 0 dividend per share during the earnings announcement for Q1 2022.

Earnings Calendar

Earnings DateEstimated EPSReported EPSSurprise %
2022-05-31
4.81
5.8
20.58%

Company Information

Cavco Industries, Inc., headquartered in Phoenix, Arizona, designs and produces factory-built housing products primarily distributed through a network of independent and Company-owned retailers. Cavco Industries is one of the largest producers of manufactured homes in the United States, based on reported wholesale shipments and marketed under a variety of brand names including Cavco, Fleetwood, Palm Harbor, Fairmont, Friendship, Chariot Eagle and Destiny. The company is also a leading producer of park model RVs, vacation cabins and systems-built commercial structures, as well as modular homes. Cavco's finance subsidiary, Country Place Mortgage, is an approved Fannie Mae and Freddie Mac seller/servicer and a Ginnie Mae mortgage-backed securities issuer that offers conforming mortgages, non-conforming mortgages and home-only loans to purchasers of factory-built homes. Its insurance subsidiary, Standard Casualty, provides property and casualty insurance to owners of manufactured homes.

Organisation
Cavco Industries Inc
Employees
4.7K
Industry
Consumer Durables