SKYLINE CHAMPION CORP (SKY)
US8308301055 - Common Stock
SKY gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 67 industry peers in the Household Durables industry. SKY has outstanding health and profitabily ratings, belonging to the best of the industry. This is a solid base for any company. SKY has a expensive valuation and it also scores bad on growth.
1. Profitability
1.1 Basic Checks
SKY had positive earnings in the past year.
In the past year SKY had a positive cash flow from operations.
Of the past 5 years SKY 4 years were 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 (10.79%) than 80.30% of its industry peers.
With a decent Return On Equity value of 14.18%, SKY is doing good in the industry, outperforming 63.64% of the companies in the same industry.
SKY's Return On Invested Capital of 11.02% is fine compared to the rest of the industry. SKY outperforms 68.18% of its industry peers.
The Average Return On Invested Capital over the past 3 years for SKY is significantly above the industry average of 9.96%.
The last Return On Invested Capital (11.02%) for SKY is well below the 3 year average (22.95%), which needs to be investigated, but indicates that SKY had better years and this may not be a problem.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 10.79% | ||
| ROE | 14.18% | ||
| ROIC | 11.02% |
ROA(3y)18.35%
ROA(5y)10.83%
ROE(3y)25.85%
ROE(5y)15.13%
ROIC(3y)22.96%
ROIC(5y)N/A
1.3 Margins
With a decent Profit Margin value of 10.19%, SKY is doing good in the industry, outperforming 75.76% of the companies in the same industry.
In the last couple of years the Profit Margin of SKY has grown nicely.
Looking at the Operating Margin, with a value of 11.93%, SKY is in the better half of the industry, outperforming 72.73% of the companies in the same industry.
SKY's Operating Margin has improved in the last couple of years.
SKY has a Gross Margin (26.70%) which is comparable to the rest of the industry.
In the last couple of years the Gross Margin of SKY has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 11.93% | ||
| PM (TTM) | 10.19% | ||
| GM | 26.7% |
OM growth 3Y46.12%
OM growth 5YN/A
PM growth 3Y53.83%
PM growth 5YN/A
GM growth 3Y15.53%
GM growth 5Y27.55%
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.
SKY has more shares outstanding than it did 1 year ago.
The number of shares outstanding for SKY has been increased compared to 5 years ago.
SKY has a better debt/assets ratio than last year.
2.2 Solvency
SKY has an Altman-Z score of 8.63. 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 8.63, SKY belongs to the top of the industry, outperforming 95.45% of the companies in the same industry.
SKY has a debt to FCF ratio of 0.49. This is a very positive value and a sign of high solvency as it would only need 0.49 years to pay back of all of its debts.
With an excellent Debt to FCF ratio value of 0.49, SKY belongs to the best of the industry, outperforming 83.33% of the companies in the same industry.
A Debt/Equity ratio of 0.07 indicates that SKY is not too dependend on debt financing.
SKY's Debt to Equity ratio of 0.07 is fine compared to the rest of the industry. SKY outperforms 77.27% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.07 | ||
| Debt/FCF | 0.49 | ||
| Altman-Z | 8.63 |
ROIC/WACC1.04
WACC10.6%
2.3 Liquidity
SKY has a Current Ratio of 2.56. This indicates that SKY is financially healthy and has no problem in meeting its short term obligations.
The Current ratio of SKY (2.56) is comparable to the rest of the industry.
SKY has a Quick Ratio of 1.71. This is a normal value and indicates that SKY is financially healthy and should not expect problems in meeting its short term obligations.
SKY has a Quick ratio of 1.71. This is in the better half of the industry: SKY outperforms 74.24% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.56 | ||
| Quick Ratio | 1.71 |
3. Growth
3.1 Past
SKY shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -52.93%.
SKY shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 82.50% yearly.
The Revenue for SKY has decreased by -28.08% in the past year. This is quite bad
Measured over the past years, SKY shows a very strong growth in Revenue. The Revenue has been growing by 61.60% on average per year.
EPS 1Y (TTM)-52.93%
EPS 3Y82.5%
EPS 5YN/A
EPS growth Q2Q-43.06%
Revenue 1Y (TTM)-28.08%
Revenue growth 3Y23.92%
Revenue growth 5Y61.6%
Revenue growth Q2Q-3.92%
3.2 Future
SKY is expected to show a very negative growth in Earnings Per Share. In the coming years, the EPS will decrease by -16.97% yearly.
The Revenue is expected to decrease by -1.94% on average over the next years.
EPS Next Y-53.67%
EPS Next 2Y-30.8%
EPS Next 3Y-16.97%
EPS Next 5YN/A
Revenue Next Year-20.88%
Revenue Next 2Y-5.5%
Revenue Next 3Y-1.94%
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
A Price/Earnings ratio of 22.53 indicates a rather expensive valuation of SKY.
63.64% of the companies in the same industry are cheaper than SKY, based on the Price/Earnings ratio.
Compared to an average S&P500 Price/Earnings ratio of 28.83, SKY is valued a bit cheaper.
SKY is valuated rather expensively with a Price/Forward Earnings ratio of 23.76.
SKY's Price/Forward Earnings ratio is a bit more expensive when compared to the industry. SKY is more expensive than 65.15% of the companies in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 20.47. SKY is around the same levels.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 22.53 | ||
| Fwd PE | 23.76 |
4.2 Price Multiples
62.12% of the companies in the same industry are cheaper than SKY, based on the Enterprise Value to EBITDA ratio.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of SKY indicates a slightly more expensive valuation: SKY is more expensive than 60.61% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 21.28 | ||
| EV/EBITDA | 15.4 |
4.3 Compensation for Growth
The excellent profitability rating of SKY may justify a higher PE ratio.
SKY's earnings are expected to decrease with -16.97% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-30.8%
EPS Next 3Y-16.97%
5. Dividend
5.1 Amount
No dividends for SKY!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
SKYLINE CHAMPION CORP
NYSE:SKY (5/16/2024, 7:17:32 PM)
After market: 79.01 -0.51 (-0.64%)79.52
-2.82 (-3.42%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Durables & Apparel
GICS IndustryHousehold Durables
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap4.59B
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
Avg EPS beat(2)
Min EPS beat(2)
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EPS beat(8)
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EPS beat(12)
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EPS beat(16)
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Revenue beat(2)
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Revenue beat(8)
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Revenue beat(12)
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Revenue beat(16)
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PT rev (1m)
PT rev (3m)
EPS NQ rev (1m)
EPS NQ rev (3m)
EPS NY rev (1m)
EPS NY rev (3m)
Revenue NQ rev (1m)
Revenue NQ rev (3m)
Revenue NY rev (1m)
Revenue NY rev (3m)
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 22.53 | ||
| Fwd PE | 23.76 | ||
| P/S | |||
| P/FCF | |||
| P/OCF | |||
| P/B | |||
| P/tB | |||
| EV/EBITDA |
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 10.79% | ||
| ROE | 14.18% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | 11.93% | ||
| PM (TTM) | 10.19% | ||
| GM | 26.7% | ||
| FCFM |
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover1.06
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.07 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 2.56 | ||
| Quick Ratio | 1.71 | ||
| Altman-Z |
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
Growth
EPS 1Y (TTM)-52.93%
EPS 3Y82.5%
EPS 5Y
EPS growth Q2Q
EPS Next Y-53.67%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)-28.08%
Revenue growth 3Y23.92%
Revenue growth 5Y
Revenue growth Q2Q
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y