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CAVCO INDUSTRIES, INC. CVCO

Nasdaq · stock · Mobile Homes · website · IPO 2003-06-20

CAVCO INDUSTRIES, INC. statistics & valuation

Market cap$4.8B
P / E25.0×
P / S2.1×
P / B4.3×
P / FCF20.5×
Net margin8.5%
Return on equity17.3%
FCF margin10.3%
Return on capital19.8%
Graham number -54.3%$273.69

Market cap as of 2026-06-29. Multiples are price-derived and refreshed daily; everything else from the latest financial reports. The Graham number is Benjamin Graham's rough maximum fair value ($273.69); a green figure means the price is below it.

Profitability & efficiency

Net margin (%)
4.90% 7.10% 7.10% 7.10% 6.90% 12.10% 11.20% 8.80% 8.50% 8.50% 2017201820192020202120222023202420252026
Gross margin (%)
20.40% 20.70% 21.40% 21.70% 21.60% 25.10% 25.90% 23.80% 23.10% 23.50% 2017201820192020202120222023202420252026
Operating margin (%)
7.30% 8.50% 8.70% 8.00% 8.00% 12.40% 13.80% 10.00% 9.40% 10.20% 2017201820192020202120222023202420252026
Return on equity (%)
9.60% 13.50% 13.00% 12.40% 11.20% 23.80% 24.60% 15.30% 16.10% 17.30% 2017201820192020202120222023202420252026
Shares outstanding
9.1M 9.2M 9.3M 9.3M 9.3M 9.3M 8.9M 8.6M 8.3M 7.9M 2017201820192020202120222023202420252026
Net debt ($)
2017201820192020202120222023202420252026
Share buybacks ($)
2017201820192020202120222023202420252026
Return on assets (%)
6.20% 9.10% 9.50% 9.30% 8.10% 17.10% 18.40% 11.70% 12.20% 12.80% 2017201820192020202120222023202420252026
Free cash flow margin (%)
5.20% 5.80% 2.60% 8.20% 8.00% 7.70% 9.90% 11.50% 7.80% 10.30% 2017201820192020202120222023202420252026
Debt / equity (×)
2017201820192020202120222023202420252026
EPS ($)
$4.17 $6.68 $7.40 $8.10 $8.25 $21.34 $26.95 $18.37 $20.71 $23.98 2017201820192020202120222023202420252026

Margins and returns computed from annual filings. Falling shares outstanding = buybacks; rising = dilution. Net debt = debt − cash (negative = net cash).

P / E vs its own history

CAVCO INDUSTRIES, INC. trades at about 25× earnings — above its 10-year norm (10-year range 11.1×–28.5×, median 21.1×).

11.1× 28.5×

Shaded band = 10-year range (11.1×–28.5×); dot = today's 25×.

Historical P/E = month-end price near each fiscal year-end ÷ that year's EPS. A read on whether the stock is cheap or dear relative to how it has typically been valued — not a forecast.

Key ratios (by fiscal year)

RatioFY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Gross margin23.5%23.1%23.8%25.9%25.1%21.6%21.7%21.4%20.7%20.4%
Operating margin10.2%9.4%10.0%13.8%12.4%8.0%8.0%8.7%8.5%7.3%
Net margin8.5%8.5%8.8%11.2%12.1%6.9%7.1%7.1%7.1%4.9%
FCF margin10.3%7.8%11.5%9.9%7.7%8.0%8.2%2.6%5.8%5.2%
Return on assets12.8%12.2%11.7%18.4%17.1%8.1%9.3%9.5%9.1%6.2%
Return on equity17.3%16.1%15.3%24.6%23.8%11.2%12.4%13.0%13.5%9.6%
Current ratio2.463.003.122.742.532.753.002.662.372.54

Computed from company filings · US · as of 2026-03-28. Facts plus Stocktoria's own computed scores — not investment advice.