Cavco Industries, Inc. designs, produces, and retails manufactured homes primarily in the United States. The company operates in two segments, Factory-Built Housing and Financial Services. It markets its manufactured homes under the brand names of Cavco Homes, Fleetwood Homes, Palm Harbor Homes, Fairmont Homes, Friendship Homes, Chariot Eagle, and Lexington Homes. The company also builds park model RVs, vacation cabins, and systems-built commercial structures, such as apartment buildings, condominiums, hotels, workforce housing, schools, and housing for U.S. military troops. In addition, it produces modular homes, including single and multi-section/modular ranch-style dwellings, split-level homes, Cape Cod style homes, two and three story homes, and multi-family units under the Nationwide Homes brand name. Further, the company offers conforming mortgages, non-conforming mortgages, and chattel loans to purchasers of factory-built and site-built homes. Additionally, it provides property and casualty insurance to owners of manufactured homes. As of April 1, 2017, the company owned and operated a network of 43 retail centers located in Oregon, Arizona, New Mexico, Texas, Oklahoma, Louisiana, and Florida. It also distributes its homes through a network of independent distribution points in 48 states in the United States, Canada, Japan, and Mexico, as well as through planned community operators and residential developers. The company was founded in 1965 and is headquartered in Phoenix, Arizona.
Industry, Sector and Symbol
Industry Mobile homes
Sub-IndustryHomebuilding
SectorConstruction
SymbolNASDAQ:CVCO
CUSIP14956810
Phone602-256-6263
Debt
Debt-to-Equity Ratio0.07
Current Ratio2.37
Quick Ratio1.75
Price-To-Earnings
Trailing P/E Ratio34.32
Forward P/E RatioN/A
P/E GrowthN/A
Sales & Book Value
Annual Sales$871.23 million
Price / Sales2.16
Cash Flow$6.6125 per share
Price / Cash31.41
Book Value$50.58 per share
Price / Book4.11
Profitability
EPS (Most Recent Fiscal Year)N/A
Net Income$61.50 million
Net Margins7.06%
Return on Equity13.08%
Return on Assets8.67%
Miscellaneous
Employees4,500
Outstanding Shares9,040,000
