CHAMPION HOMES INC (SKY) Stock Fundamental Analysis
USA - NYSE:SKY - US8308301055 - Common Stock
66.58 USD
+0.29 (+0.44%)
66.58 USD
0 (0%)
SKY gets a fundamental rating of 6 out of 10. The analysis compared the fundamentals against 63 industry peers in the Household Durables industry. SKY gets an excellent profitability rating and is at the same time showing great financial health properties. SKY is quite expensive at the moment. It does show a decent growth rate. These ratings would make SKY suitable for quality investing!
1. Profitability
1.1 Basic Checks
SKY had positive earnings in the past year.
SKY had a positive operating cash flow in the past year.
SKY had positive earnings in each of the past 5 years.
SKY had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
SKY's Return On Assets of 10.11% is amongst the best of the industry. SKY outperforms 84.13% of its industry peers.
SKY has a Return On Equity of 13.84%. This is in the better half of the industry: SKY outperforms 63.49% of its industry peers.
SKY's Return On Invested Capital of 11.33% is fine compared to the rest of the industry. SKY outperforms 73.02% of its industry peers.
SKY had an Average Return On Invested Capital over the past 3 years of 16.52%. This is significantly above the industry average of 10.32%.
The 3 year average ROIC (16.52%) for SKY is well above the current ROIC(11.33%). The reason for the recent decline needs to be investigated.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 10.11% | ||
| ROE | 13.84% | ||
| ROIC | 11.33% |
ROA(3y)14.25%
ROA(5y)14.41%
ROE(3y)18.58%
ROE(5y)20.14%
ROIC(3y)16.52%
ROIC(5y)18.03%
1.3 Margins
SKY has a better Profit Margin (8.50%) than 71.43% of its industry peers.
In the last couple of years the Profit Margin of SKY has grown nicely.
Looking at the Operating Margin, with a value of 10.17%, SKY is in the better half of the industry, outperforming 63.49% of the companies in the same industry.
SKY's Operating Margin has improved in the last couple of years.
With a Gross Margin value of 26.97%, SKY perfoms like the industry average, outperforming 57.14% of the companies in the same industry.
SKY's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 10.17% | ||
| PM (TTM) | 8.5% | ||
| GM | 26.97% |
OM growth 3Y-14.15%
OM growth 5Y8.41%
PM growth 3Y-10.75%
PM growth 5Y13.54%
GM growth 3Y0.06%
GM growth 5Y5.59%
2. Health
2.1 Basic Checks
SKY has a Return on Invested Capital (ROIC), which is well above the Cost of Capital (WACC), which means it is creating value.
Compared to 1 year ago, SKY has less shares outstanding
The number of shares outstanding for SKY has been increased compared to 5 years ago.
Compared to 1 year ago, SKY has a worse debt to assets ratio.
2.2 Solvency
SKY has an Altman-Z score of 6.50. This indicates that SKY is financially healthy and has little risk of bankruptcy at the moment.
The Altman-Z score of SKY (6.50) is better than 90.48% of its industry peers.
SKY has a debt to FCF ratio of 0.70. This is a very positive value and a sign of high solvency as it would only need 0.70 years to pay back of all of its debts.
The Debt to FCF ratio of SKY (0.70) is better than 82.54% of its industry peers.
A Debt/Equity ratio of 0.08 indicates that SKY is not too dependend on debt financing.
SKY has a Debt to Equity ratio of 0.08. This is in the better half of the industry: SKY outperforms 73.02% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.08 | ||
| Debt/FCF | 0.7 | ||
| Altman-Z | 6.5 |
ROIC/WACC1.24
WACC9.15%
2.3 Liquidity
SKY has a Current Ratio of 2.39. This indicates that SKY is financially healthy and has no problem in meeting its short term obligations.
SKY has a Current ratio (2.39) which is in line with its industry peers.
A Quick Ratio of 1.59 indicates that SKY should not have too much problems paying its short term obligations.
With a decent Quick ratio value of 1.59, SKY is doing good in the industry, outperforming 76.19% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.39 | ||
| Quick Ratio | 1.59 |
3. Growth
3.1 Past
SKY shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 20.95%, which is quite impressive.
SKY shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 25.00% yearly.
The Revenue has grown by 16.87% in the past year. This is quite good.
The Revenue has been growing by 12.64% on average over the past years. This is quite good.
EPS 1Y (TTM)20.95%
EPS 3Y-6.76%
EPS 5Y25%
EPS Q2Q%33.71%
Revenue 1Y (TTM)16.87%
Revenue growth 3Y4.01%
Revenue growth 5Y12.64%
Sales Q2Q%11.71%
3.2 Future
Based on estimates for the next years, SKY will show a small growth in Earnings Per Share. The EPS will grow by 6.35% on average per year.
The Revenue is expected to grow by 3.93% on average over the next years.
EPS Next Y1.52%
EPS Next 2Y4.93%
EPS Next 3Y6.35%
EPS Next 5YN/A
Revenue Next Year4.22%
Revenue Next 2Y4.13%
Revenue Next 3Y3.93%
Revenue Next 5YN/A
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
SKY is valuated rather expensively with a Price/Earnings ratio of 17.48.
SKY's Price/Earnings is on the same level as the industry average.
The average S&P500 Price/Earnings ratio is at 27.91. SKY is valued slightly cheaper when compared to this.
Based on the Price/Forward Earnings ratio of 17.23, the valuation of SKY can be described as rather expensive.
SKY's Price/Forward Earnings is on the same level as the industry average.
SKY is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 23.30, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 17.48 | ||
| Fwd PE | 17.23 |
4.2 Price Multiples
SKY's Enterprise Value to EBITDA is on the same level as the industry average.
The rest of the industry has a similar Price/Free Cash Flow ratio as SKY.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 20.58 | ||
| EV/EBITDA | 10.49 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates SKY does not grow enough to justify the current Price/Earnings ratio.
SKY has an outstanding profitability rating, which may justify a higher PE ratio.
PEG (NY)11.47
PEG (5Y)0.7
EPS Next 2Y4.93%
EPS Next 3Y6.35%
5. Dividend
5.1 Amount
No dividends for SKY!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
66.58
+0.29 (+0.44%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Durables & Apparel
GICS IndustryHousehold Durables
Earnings (Last)
Earnings (Next)
Inst Owners107.87%
Inst Owner Change0%
Ins Owners1.39%
Ins Owner Change3.37%
Market Cap3.76B
Analysts70.91
Price Target83.01 (24.68%)
Short Float %8.01%
Short Ratio6.24
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DP0%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)14.67%
Min EPS beat(2)-15.94%
Max EPS beat(2)45.28%
EPS beat(4)3
Avg EPS beat(4)17.52%
Min EPS beat(4)-15.94%
Max EPS beat(4)45.28%
EPS beat(8)6
Avg EPS beat(8)13.54%
EPS beat(12)10
Avg EPS beat(12)17.52%
EPS beat(16)14
Avg EPS beat(16)24.22%
Revenue beat(2)1
Avg Revenue beat(2)3.42%
Min Revenue beat(2)-1.26%
Max Revenue beat(2)8.1%
Revenue beat(4)3
Avg Revenue beat(4)4.24%
Min Revenue beat(4)-1.26%
Max Revenue beat(4)8.68%
Revenue beat(8)6
Avg Revenue beat(8)3.24%
Revenue beat(12)8
Avg Revenue beat(12)3.47%
Revenue beat(16)12
Avg Revenue beat(16)4.78%
PT rev (1m)0%
PT rev (3m)-11.09%
EPS NQ rev (1m)0.24%
EPS NQ rev (3m)-4.66%
EPS NY rev (1m)2.08%
EPS NY rev (3m)8.19%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-3.26%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.27%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 17.48 | ||
| Fwd PE | 17.23 | ||
| P/S | 1.47 | ||
| P/FCF | 20.58 | ||
| P/OCF | 16.25 | ||
| P/B | 2.4 | ||
| P/tB | 3.29 | ||
| EV/EBITDA | 10.49 |
EPS(TTM)3.81
EY5.72%
EPS(NY)3.86
Fwd EY5.8%
FCF(TTM)3.23
FCFY4.86%
OCF(TTM)4.1
OCFY6.15%
SpS45.24
BVpS27.79
TBVpS20.21
PEG (NY)11.47
PEG (5Y)0.7
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 10.11% | ||
| ROE | 13.84% | ||
| ROCE | 15.46% | ||
| ROIC | 11.33% | ||
| ROICexc | 17.14% | ||
| ROICexgc | 26.87% | ||
| OM | 10.17% | ||
| PM (TTM) | 8.5% | ||
| GM | 26.97% | ||
| FCFM | 7.15% |
ROA(3y)14.25%
ROA(5y)14.41%
ROE(3y)18.58%
ROE(5y)20.14%
ROIC(3y)16.52%
ROIC(5y)18.03%
ROICexc(3y)33.09%
ROICexc(5y)34.6%
ROICexgc(3y)56.38%
ROICexgc(5y)65.44%
ROCE(3y)21.72%
ROCE(5y)23.88%
ROICexcg growth 3Y-38.32%
ROICexcg growth 5Y-5.56%
ROICexc growth 3Y-33.15%
ROICexc growth 5Y-0.28%
OM growth 3Y-14.15%
OM growth 5Y8.41%
PM growth 3Y-10.75%
PM growth 5Y13.54%
GM growth 3Y0.06%
GM growth 5Y5.59%
F-Score9
Asset Turnover1.19
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.08 | ||
| Debt/FCF | 0.7 | ||
| Debt/EBITDA | 0.42 | ||
| Cap/Depr | 112.78% | ||
| Cap/Sales | 1.91% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 76.32% | ||
| Profit Quality | 84.13% | ||
| Current Ratio | 2.39 | ||
| Quick Ratio | 1.59 | ||
| Altman-Z | 6.5 |
F-Score9
WACC9.15%
ROIC/WACC1.24
Cap/Depr(3y)155.88%
Cap/Depr(5y)133.11%
Cap/Sales(3y)2.22%
Cap/Sales(5y)1.73%
Profit Quality(3y)100.75%
Profit Quality(5y)110.38%
High Growth Momentum
Growth
EPS 1Y (TTM)20.95%
EPS 3Y-6.76%
EPS 5Y25%
EPS Q2Q%33.71%
EPS Next Y1.52%
EPS Next 2Y4.93%
EPS Next 3Y6.35%
EPS Next 5YN/A
Revenue 1Y (TTM)16.87%
Revenue growth 3Y4.01%
Revenue growth 5Y12.64%
Sales Q2Q%11.71%
Revenue Next Year4.22%
Revenue Next 2Y4.13%
Revenue Next 3Y3.93%
Revenue Next 5YN/A
EBIT growth 1Y51.86%
EBIT growth 3Y-10.7%
EBIT growth 5Y22.11%
EBIT Next Year15.82%
EBIT Next 3Y10.18%
EBIT Next 5YN/A
FCF growth 1Y-53.19%
FCF growth 3Y-0.38%
FCF growth 5Y25.43%
OCF growth 1Y-47.82%
OCF growth 3Y2.38%
OCF growth 5Y25.72%