| Company name | Cavco Industries, Inc. |
| Stock ticker | CVCO |
| Live stock price | [stckqut]CVCO[/stckqut] |
| P/E compared to competitors | Good |
MANAGEMENT EXECUTION
| Employee productivity | Good |
| Sales growth | Fair |
| EPS growth | Good |
| P/E growth | Poor |
| EBIT growth | Good |
ANALYSIS
| Confident Investor Rating | Good |
| Target stock price (TWCA growth scenario) | $227.95 |
| Target stock price (averages with growth) | $226.65 |
| Target stock price (averages with no growth) | $102.76 |
| Target stock price (manual assumptions) | $206.69 |
The following company description is from Google Finance: http://www.google.com/finance?q=cvco
Cavco Industries, Inc. designs and produces factory-built homes. The Company operates through two segments: factory-built housing, which includes wholesale and retail systems-built housing operations, and financial services, which includes manufactured housing consumer finance and insurance. Its factory-built homes are primarily distributed through a network of independent and the Company-owned retailers, planned community operators and residential developers. It markets its products under the brands, including Cavco Homes, Fleetwood Homes, Palm Harbor Homes, Fairmont Homes and Chariot Eagle. It is also a builder of park model recreational vehicle (RVs), vacation cabins and systems-built commercial structures, as well as modular homes built primarily under the Nationwide Homes brand. It also produces a range of Cape Cod-style homes and multi-family units, and builds commercial modular structures, including apartment buildings, schools and housing for the United States military troops.
Confident Investor comments: At this price and at this time, I think that a Confident Investor can confidently invest in Cavco Industries, Inc.
If you would like to understand how to evaluate companies like I do on this site, please read my book, The Confident Investor. You can review the best companies that I have found (and I probably invest my own money in most of these companies) in my Watch List.
How was this analysis of Cavco Industries, Inc. calculated?
For owners of my book, “The Confident Investor” I offer the following analysis (you must be logged in to this site as a book owner in order to see the following analysis). If you have registered and cannot see the balance of this article, make sure you are logged in and refresh your browser.
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In order to assist you in using the techniques of this book, the values that I used when calculating the Manual pricing above were:
- Stock price at the time of the calculation: $147.55
- Growth: 0.18
- Current EPS (TTM): $4.85
- P/E: 30
- Future EPS Calc: $11.09
- Future Stock Price Calc: $332.86
- Target stock price: $206.68
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I hope that this makes you a Confident Investor.