CHAMPION HOMES INC (SKY) Stock Fundamental Analysis
NYSE:SKY - US8308301055 - Common Stock
76.09 USD
+4.62 (+6.46%)
76.09 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 scores excellent points on both the profitability and health parts. This is a solid base for a good stock. SKY has a decent growth rate and is not valued too expensively. These ratings would make SKY suitable for quality investing!
1. Profitability
1.1 Basic Checks
In the past year SKY was profitable.
In the past year SKY had a positive cash flow from operations.
In the past 5 years SKY has always been profitable.
Each year in the past 5 years SKY had a positive operating cash flow.
1.2 Ratios
SKY has a Return On Assets of 9.40%. This is in the better half of the industry: SKY outperforms 76.19% of its industry peers.
SKY has a better Return On Equity (12.85%) than 61.90% of its industry peers.
The Return On Invested Capital of SKY (10.45%) is better than 71.43% 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 10.39%.
The 3 year average ROIC (16.52%) for SKY is well above the current ROIC(10.45%). The reason for the recent decline needs to be investigated.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 9.4% | ||
| ROE | 12.85% | ||
| ROIC | 10.45% |
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
The Profit Margin of SKY (7.99%) is better than 63.49% of its industry peers.
SKY's Profit Margin has improved in the last couple of years.
The Operating Margin of SKY (9.54%) is comparable to the rest of the industry.
In the last couple of years the Operating Margin of SKY has grown nicely.
With a Gross Margin value of 26.74%, SKY perfoms like the industry average, outperforming 57.14% of the companies in the same industry.
In the last couple of years the Gross Margin of SKY has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 9.54% | ||
| PM (TTM) | 7.99% | ||
| GM | 26.74% |
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
The Return on Invested Capital (ROIC) is well above the Cost of Capital (WACC), so SKY is creating value.
Compared to 1 year ago, SKY has less shares outstanding
Compared to 5 years ago, SKY has more shares outstanding
Compared to 1 year ago, SKY has a worse debt to assets ratio.
2.2 Solvency
An Altman-Z score of 6.90 indicates that SKY is not in any danger for bankruptcy at the moment.
The Altman-Z score of SKY (6.90) is better than 93.65% of its industry peers.
The Debt to FCF ratio of SKY is 0.69, which is an excellent value as it means it would take SKY, only 0.69 years of fcf income to pay off all of its debts.
The Debt to FCF ratio of SKY (0.69) is better than 85.71% of its industry peers.
SKY has a Debt/Equity ratio of 0.08. This is a healthy value indicating a solid balance between debt and equity.
With a decent Debt to Equity ratio value of 0.08, SKY is doing good in the industry, outperforming 77.78% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.08 | ||
| Debt/FCF | 0.69 | ||
| Altman-Z | 6.9 |
ROIC/WACC1.18
WACC8.89%
2.3 Liquidity
SKY has a Current Ratio of 2.41. This indicates that SKY is financially healthy and has no problem in meeting its short term obligations.
SKY has a Current ratio (2.41) which is comparable to the rest of the industry.
SKY has a Quick Ratio of 1.61. This is a normal value and indicates that SKY is financially healthy and should not expect problems in meeting its short term obligations.
Looking at the Quick ratio, with a value of 1.61, SKY is in the better half of the industry, outperforming 77.78% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.41 | ||
| Quick Ratio | 1.61 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 20.95% over the past year.
The Earnings Per Share has been growing by 25.00% on average over the past years. This is a very strong growth
Looking at the last year, SKY shows a very strong growth in Revenue. The Revenue has grown by 22.65%.
SKY shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 12.64% yearly.
EPS 1Y (TTM)20.95%
EPS 3Y-6.76%
EPS 5Y25%
EPS Q2Q%33.71%
Revenue 1Y (TTM)22.65%
Revenue growth 3Y4.01%
Revenue growth 5Y12.64%
Sales Q2Q%11.71%
3.2 Future
The Earnings Per Share is expected to grow by 6.35% on average over the next years.
Based on estimates for the next years, SKY will show a small growth in Revenue. The Revenue will grow by 3.93% on average per year.
EPS Next Y-6.16%
EPS Next 2Y3.71%
EPS Next 3Y6.35%
EPS Next 5YN/A
Revenue Next Year4.69%
Revenue Next 2Y5.65%
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 19.97.
SKY's Price/Earnings is on the same level as the industry average.
Compared to an average S&P500 Price/Earnings ratio of 27.24, SKY is valued a bit cheaper.
With a Price/Forward Earnings ratio of 20.16, SKY is valued on the expensive side.
60.32% of the companies in the same industry are cheaper than SKY, based on the Price/Forward Earnings ratio.
SKY is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 35.82, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 19.97 | ||
| Fwd PE | 20.16 |
4.2 Price Multiples
SKY's Enterprise Value to EBITDA ratio is in line with the industry average.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of SKY indicates a somewhat cheap valuation: SKY is cheaper than 61.90% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 22.9 | ||
| EV/EBITDA | 12.58 |
4.3 Compensation for Growth
SKY has an outstanding profitability rating, which may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)0.8
EPS Next 2Y3.71%
EPS Next 3Y6.35%
5. Dividend
5.1 Amount
No dividends for SKY!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
76.09
+4.62 (+6.46%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Durables & Apparel
GICS IndustryHousehold Durables
Earnings (Last)
Earnings (Next)
Inst Owners108.57%
Inst Owner Change-4.59%
Ins Owners1.27%
Ins Owner Change3.31%
Market Cap4.36B
Analysts70.91
Price Target89.89 (18.14%)
Short Float %6.82%
Short Ratio5.24
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)5.47%
Min EPS beat(2)-15.94%
Max EPS beat(2)26.87%
EPS beat(4)3
Avg EPS beat(4)11.13%
Min EPS beat(4)-15.94%
Max EPS beat(4)26.87%
EPS beat(8)6
Avg EPS beat(8)8.42%
EPS beat(12)10
Avg EPS beat(12)16.14%
EPS beat(16)14
Avg EPS beat(16)24.19%
Revenue beat(2)1
Avg Revenue beat(2)3.71%
Min Revenue beat(2)-1.26%
Max Revenue beat(2)8.68%
Revenue beat(4)3
Avg Revenue beat(4)3.06%
Min Revenue beat(4)-1.26%
Max Revenue beat(4)8.68%
Revenue beat(8)5
Avg Revenue beat(8)2.13%
Revenue beat(12)8
Avg Revenue beat(12)3.37%
Revenue beat(16)12
Avg Revenue beat(16)5.12%
PT rev (1m)-3.72%
PT rev (3m)-14.12%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-18.72%
EPS NY rev (1m)0%
EPS NY rev (3m)-17.09%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-2.9%
Revenue NY rev (1m)0.11%
Revenue NY rev (3m)-0.11%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 19.97 | ||
| Fwd PE | 20.16 | ||
| P/S | 1.75 | ||
| P/FCF | 22.9 | ||
| P/OCF | 18.1 | ||
| P/B | 2.82 | ||
| P/tB | 3.89 | ||
| EV/EBITDA | 12.58 |
EPS(TTM)3.81
EY5.01%
EPS(NY)3.77
Fwd EY4.96%
FCF(TTM)3.32
FCFY4.37%
OCF(TTM)4.2
OCFY5.53%
SpS43.36
BVpS26.96
TBVpS19.58
PEG (NY)N/A
PEG (5Y)0.8
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 9.4% | ||
| ROE | 12.85% | ||
| ROCE | 14.29% | ||
| ROIC | 10.45% | ||
| ROICexc | 15.97% | ||
| ROICexgc | 25.2% | ||
| OM | 9.54% | ||
| PM (TTM) | 7.99% | ||
| GM | 26.74% | ||
| FCFM | 7.66% |
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 Turnover1.18
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.08 | ||
| Debt/FCF | 0.69 | ||
| Debt/EBITDA | 0.47 | ||
| Cap/Depr | 120.57% | ||
| Cap/Sales | 2.03% | ||
| Interest Coverage | 28.25 | ||
| Cash Conversion | 86.35% | ||
| Profit Quality | 95.92% | ||
| Current Ratio | 2.41 | ||
| Quick Ratio | 1.61 | ||
| Altman-Z | 6.9 |
F-Score9
WACC8.89%
ROIC/WACC1.18
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 Y-6.16%
EPS Next 2Y3.71%
EPS Next 3Y6.35%
EPS Next 5YN/A
Revenue 1Y (TTM)22.65%
Revenue growth 3Y4.01%
Revenue growth 5Y12.64%
Sales Q2Q%11.71%
Revenue Next Year4.69%
Revenue Next 2Y5.65%
Revenue Next 3Y3.93%
Revenue Next 5YN/A
EBIT growth 1Y35.34%
EBIT growth 3Y-10.7%
EBIT growth 5Y22.11%
EBIT Next Year7.62%
EBIT Next 3Y10.18%
EBIT Next 5YN/A
FCF growth 1Y12.1%
FCF growth 3Y-0.38%
FCF growth 5Y25.43%
OCF growth 1Y8.15%
OCF growth 3Y2.38%
OCF growth 5Y25.72%