CHAMPION HOMES INC (SKY) Stock Fundamental Analysis
USA - NYSE:SKY - US8308301055 - Common Stock
77.97 USD
+2.69 (+3.57%)
77.97 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 is valied quite expensively at the moment, while it does show a decent growth rate. These ratings could make SKY a good candidate 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.
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 better Return On Assets (10.11%) than 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 has a better Return On Invested Capital (11.33%) than 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 10.51%.
The last Return On Invested Capital (11.33%) for SKY is well below the 3 year average (16.52%), which needs to be investigated, but indicates that SKY had better years and this may not be a problem.
| 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 Profit Margin of 8.50%. This is in the better half of the industry: SKY outperforms 69.84% of its industry peers.
In the last couple of years the Profit Margin of SKY has grown nicely.
SKY has a Operating Margin of 10.17%. This is comparable to the rest of the industry: SKY outperforms 58.73% of its industry peers.
In the last couple of years the Operating Margin of SKY has grown nicely.
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
With a Return on Invested Capital (ROIC) well above the Cost of Capital (WACC), SKY is creating value.
Compared to 1 year ago, SKY has less shares outstanding
SKY has more shares outstanding than it did 5 years ago.
SKY has a worse debt/assets ratio than last year.
2.2 Solvency
SKY has an Altman-Z score of 7.01. This indicates that SKY is financially healthy and has little risk of bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 7.01, SKY belongs to the top of the industry, outperforming 92.06% of the companies in the same industry.
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.
SKY has a better Debt to FCF ratio (0.70) than 85.71% of its industry peers.
A Debt/Equity ratio of 0.08 indicates that SKY is not too dependend on debt financing.
The Debt to Equity ratio of SKY (0.08) is better than 77.78% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.08 | ||
| Debt/FCF | 0.7 | ||
| Altman-Z | 7.01 |
ROIC/WACC1.27
WACC8.94%
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.
SKY has a Quick Ratio of 1.59. 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 1.59, 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 | 2.39 | ||
| 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.
Looking at the last year, SKY shows a quite strong growth in Revenue. The Revenue has grown by 16.87% in the last year.
Measured over the past years, SKY shows a quite strong growth in Revenue. The Revenue has been growing by 12.64% on average per year.
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.
Based on estimates for the next years, SKY will show a small growth in Revenue. The Revenue will grow by 4.51% on average per year.
EPS Next Y-0.55%
EPS Next 2Y4.93%
EPS Next 3Y6.35%
EPS Next 5YN/A
Revenue Next Year4.22%
Revenue Next 2Y4.13%
Revenue Next 3Y4.51%
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
SKY is valuated rather expensively with a Price/Earnings ratio of 20.46.
SKY's Price/Earnings ratio is in line with the industry average.
The average S&P500 Price/Earnings ratio is at 27.20. SKY is valued slightly cheaper when compared to this.
The Price/Forward Earnings ratio is 20.17, which indicates a rather expensive current valuation of SKY.
Compared to the rest of the industry, the Price/Forward Earnings ratio of SKY indicates a slightly more expensive valuation: SKY is more expensive than 60.32% of the companies listed in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 22.71, SKY is valued at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 20.46 | ||
| Fwd PE | 20.17 |
4.2 Price Multiples
SKY's Enterprise Value to EBITDA is on the same level as the industry average.
Based on the Price/Free Cash Flow ratio, SKY is valued a bit cheaper than the industry average as 61.90% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 24.1 | ||
| EV/EBITDA | 12.11 |
4.3 Compensation for Growth
The excellent profitability rating of SKY may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)0.82
EPS Next 2Y4.93%
EPS Next 3Y6.35%
5. Dividend
5.1 Amount
SKY does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
77.97
+2.69 (+3.57%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Durables & Apparel
GICS IndustryHousehold Durables
Earnings (Last)
Earnings (Next)
Inst Owners108.57%
Inst Owner Change-4.88%
Ins Owners1.27%
Ins Owner Change6.25%
Market Cap4.41B
Analysts70.91
Price Target83.01 (6.46%)
Short Float %7.58%
Short Ratio6.39
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)-7.65%
PT rev (3m)-11.09%
EPS NQ rev (1m)0.24%
EPS NQ rev (3m)-4.66%
EPS NY rev (1m)5.99%
EPS NY rev (3m)-12.12%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-3.25%
Revenue NY rev (1m)-0.46%
Revenue NY rev (3m)-0.3%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 20.46 | ||
| Fwd PE | 20.17 | ||
| P/S | 1.72 | ||
| P/FCF | 24.1 | ||
| P/OCF | 19.03 | ||
| P/B | 2.81 | ||
| P/tB | 3.86 | ||
| EV/EBITDA | 12.11 |
EPS(TTM)3.81
EY4.89%
EPS(NY)3.86
Fwd EY4.96%
FCF(TTM)3.23
FCFY4.15%
OCF(TTM)4.1
OCFY5.25%
SpS45.24
BVpS27.79
TBVpS20.21
PEG (NY)N/A
PEG (5Y)0.82
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 | 7.01 |
F-Score9
WACC8.94%
ROIC/WACC1.27
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-0.55%
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 3Y4.51%
Revenue Next 5YN/A
EBIT growth 1Y51.86%
EBIT growth 3Y-10.7%
EBIT growth 5Y22.11%
EBIT Next Year7.62%
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%