Bedrijfsoverzicht
Champion Homes, Inc. is a prominent player in the residential construction sector, specializing in the production and sale of factory-built housing solutions across the United States and Canada. The company's portfolio encompasses manufactured and modular homes, park model recreational vehicles, cabins, accessory dwelling units, commercial structures, and modular buildings designed for both single and multi-family markets. Operating within the consumer cyclical sector, the firm is positioned to experience revenue fluctuations that correlate directly with broader economic cycles and housing demand patterns. With a market capitalization of $4.42B and an annual revenue of $2.64B, the organization demonstrates significant scale within its industry. This substantial valuation and revenue base indicate that Champion Homes has established a solid foothold, allowing it to compete effectively against other major players in the factory-built housing space while managing operations for a workforce of 9,000 employees.
Financiële gezondheid
The company generated revenue of $2.64B over the trailing twelve months, resulting in a net income of $213.57M and an EBITDA of $308.46M. The gap between the $2.64B revenue figure and the $213.57M net income reveals a cost structure where operating expenses and taxes consume approximately 91.9% of total sales, leaving an 8.1% profit margin. Free cash flow stands at $179.74M, which signifies a robust capacity to cover capital expenditures, service debt obligations, and potentially fund internal expansion without relying solely on external financing. The gross margin is reported at 26.6%, indicating the efficiency of production costs relative to sales, while the operating margin of 9.5% reflects the effectiveness of overhead management before interest and taxes. The profit margin of 8.1% further contextualizes the final bottom-line profitability available to shareholders after all expenses are deducted. On the balance sheet, the company holds $659.76M in cash against $119.11M in debt, supported by a debt-to-equity ratio of 7.48, which suggests a capital structure heavily reliant on equity financing rather than leverage. The current ratio of 2.71 indicates strong short-term liquidity, meaning the firm possesses more than double the current assets necessary to meet its short-term liabilities. Return on Equity is 14.1% and Return on Assets is 7.9%, metrics that reveal management's effectiveness in generating returns from shareholder equity and utilizing the asset base to drive profitability.
Waarderingsbeoordeling
Champion Homes trades with a trailing P/E ratio of 21.10 and a forward P/E of 21.26, implying that the market expects earnings growth to remain relatively flat or slightly increase over the coming year. The price-to-book ratio stands at 2.75, indicating that the market values the company at a significant premium over its tangible book value, reflecting confidence in its intangible assets and future growth prospects. Alternative valuation metrics such as the price-to-sales ratio of 1.68 and an EV/EBITDA of 12.43 provide context, suggesting the stock is priced at a moderate multiple relative to its sales and earnings power. The 52-week high is $99.17 and the 52-week low is $59.44, establishing a trading range of approximately $39.73. The current share price sits within this range, implying that the stock has not reached its annual peak but has recovered from its yearly trough. With a beta of 1.11, the stock exhibits volatility that is slightly higher than the broader market, suggesting that price movements will likely be amplified relative to the S&P 500 index during periods of market stress or rally.
Growth & Income
Revenue growth year-over-year is recorded at 1.8%, while earnings growth year-over-year is -8.5%. This divergence indicates that earnings are growing significantly slower than revenue, or in this specific instance, are declining while sales remain stable, which implies increasing cost pressures or one-time charges affecting the bottom line. As a non-dividend payer, the company reports a dividend yield of N/A and a payout ratio of 0.0%, meaning the firm retains all of its net income rather than distributing it to shareholders. This retention strategy suggests a corporate preference for reinvesting earnings into business operations, debt reduction, or balance sheet strengthening rather than returning capital via dividends. The overall growth and income profile is characterized by moderate revenue expansion with negative earnings growth and a total absence of dividend distribution, positioning the company as a capital-reinvestment focused entity within the residential construction sector.