Company Quick10K Filing
Cavco Industries
Closing Price ($) Shares Out (MM) Market Cap ($MM)
$0.00 9 $1,440
10-Q 2019-10-30 Quarter: 2019-09-28
10-Q 2019-07-30 Quarter: 2019-06-29
10-K 2019-05-29 Annual: 2019-03-30
10-Q 2019-02-05 Quarter: 2018-12-29
10-Q 2018-11-08 Quarter: 2018-09-29
10-Q 2018-08-08 Quarter: 2018-06-30
10-K 2018-05-30 Annual: 2018-03-31
10-Q 2018-02-07 Quarter: 2017-12-30
10-Q 2017-11-08 Quarter: 2017-09-30
10-Q 2017-08-08 Quarter: 2017-07-01
10-K 2017-06-13 Annual: 2017-04-01
10-Q 2017-02-07 Quarter: 2016-12-31
10-Q 2016-11-09 Quarter: 2016-10-01
10-Q 2016-08-10 Quarter: 2016-07-02
10-K 2016-06-21 Annual: 2016-04-02
10-Q 2016-02-04 Quarter: 2015-12-26
10-Q 2015-11-05 Quarter: 2015-09-26
10-Q 2015-08-06 Quarter: 2015-06-27
10-K 2015-06-10 Annual: 2015-03-28
10-Q 2015-02-03 Quarter: 2014-12-27
10-Q 2014-11-05 Quarter: 2014-09-27
10-Q 2014-08-06 Quarter: 2014-06-28
10-K 2014-06-11 Annual: 2014-03-29
10-Q 2014-02-06 Quarter: 2013-12-28
10-Q 2013-11-06 Quarter: 2013-09-28
10-Q 2013-08-06 Quarter: 2013-06-29
10-K 2013-06-11 Annual: 2013-03-30
10-Q 2013-02-06 Quarter: 2012-12-29
10-Q 2012-11-07 Quarter: 2012-09-30
10-Q 2012-08-09 Quarter: 2012-06-30
10-K 2012-06-12 Annual: 2012-03-31
10-Q 2012-02-08 Quarter: 2011-12-31
10-Q 2011-11-09 Quarter: 2011-09-30
10-Q 2011-08-09 Quarter: 2011-06-30
10-K 2011-06-03 Annual: 2011-03-31
10-Q 2011-02-09 Quarter: 2010-12-31
10-Q 2010-11-05 Quarter: 2010-09-30
10-Q 2010-08-06 Quarter: 2010-06-30
10-K 2010-05-21 Annual: 2010-03-31
10-Q 2010-02-09 Quarter: 2009-12-31
8-K 2020-01-13 Other Events
8-K 2019-10-28 Earnings, Exhibits
8-K 2019-07-29 Earnings, Exhibits
8-K 2019-07-09 Officers, Shareholder Vote
8-K 2019-06-21 Officers
8-K 2019-05-29 Enter Agreement, Officers, Exhibits
8-K 2019-05-23 Earnings, Exhibits
8-K 2019-03-29 Enter Agreement, Officers, Other Events, Exhibits
8-K 2019-02-22 Enter Agreement, Officers, Other Events, Exhibits
8-K 2019-02-05 Enter Agreement, Officers, Exhibits
8-K 2019-02-04 Earnings, Exhibits
8-K 2019-01-08 Enter Agreement, Officers, Other Events, Exhibits
8-K 2018-12-11 Amend Bylaw, Other Events, Exhibits
8-K 2018-11-08 Earnings, Exhibits
8-K 2018-08-31 Officers
8-K 2018-08-06 Earnings, Exhibits
8-K 2018-07-11 Officers, Shareholder Vote
8-K 2018-05-29 Earnings, Exhibits
8-K 2018-02-06 Earnings, Exhibits

Cavco Industries Financials

CVCO Metrics, Comps, Filings

Annual | Quarterly

Business

The Company constructs homes using an assembly-line process in which each module or floor section is assembled in stages. This assembly-line process is designed to be flexible in order to accommodate significant customization, as requested by our customers. The Company operates 20 homebuilding facilities located in the Northwest, Southwest, South, Southeast, Midwest and Mid-Atlantic regions and distributes its homes through 38 Company-owned U.S. retail outlets and a network of independent distribution points in 44 states and Canada. Thirty of our Company-owned retail stores are located in Texas.

CountryPlace originates single-family residential mortgages and home-only loans and services, for itself and others, conforming land-home mortgages, non-conforming mortgages and home-only loans. CountryPlace is authorized by the U.S. Department of Housing and Urban Development ("HUD") to directly endorse Federal Housing Administration ("FHA") Title I and Title II mortgage insurance, is an approved lender with the U.S. Department of Veteran Affairs ("VA") and the U.S. Department of Agriculture ("USDA") under its Single Family Housing Guaranteed Loan Program, is approved by the GNMA to issue GNMA-insured mortgage-backed securities and is authorized to sell mortgages to, and service mortgages for, the FNMA and the FHLMC. A conforming mortgage or loan is one that conforms to the guidelines of a Government-Sponsored Enterprise ("GSE"), such as Fannie Mae, Freddie Mac or a government agency, such as FHA; a non-conforming mortgage or loan does not conform to these guidelines (see Note 6 to the Consolidated Financial Statements).

Standard Casualty is located in Texas and is primarily a specialty writer of manufactured home physical damage insurance. Standard Casualty holds insurance licenses in multiple states; however, a significant portion of its writings occur in Texas, Arizona and New Mexico. In addition to writing direct policies, Standard Casualty assumes and cedes reinsurance in the ordinary course of business (see Note 14 to the Consolidated Financial Statements).


Valuation ($BB)

Market Cap, Enterprise Value

Balance Sheet ($BB)

Assets, Stockholders' Equity

Income Statement ($BB Annual)

Revenue, Gross Profit, Net Income

Cash Flow ($BB Annual)

Operating, Investing, Financing

Comps ($MM TTM) Market Cap Gross Margin EV/EBITDA Ret on Assets Assets Liabilities Revenue G Profit Net Income EBITDA EV
KB Home (KBH) 2,374 6% 6.9 5% 4,920 2,725 4,407 246 262 319 2,195
Taylor Morrison Home (TMHC) 2,134 18% 11.4 5% 5,178 2,775 4,685 822 237 353 4,028
MDC Holdings (MDC) 2,040 0% 8.9 7% 3,086 1,425 882 0 203 288 2,569
Meritage Homes (MTH) 2,023 5.4 6% 3,467 1,669 0 0 206 298 1,615
LGI Homes (LGIH) 1,815 24% 8.3 10% 1,486 761 1,555 379 145 215 1,777
Installed Building Products (IBP) 1,657 28% 14.9 7% 916 710 1,416 393 60 136 2,018
Tri Pointe Group (TPH) 1,610 8% 5.1 5% 3,878 1,791 3,101 235 191 283 1,438
Skyline Champion (SKY) 1,486 19% -683.3 -6% 722 290 1,410 266 -40 -2 1,392
Cavco Industries (CVCO) 1,440 22% 12.5 9% 756 206 980 215 70 98 1,227
Winnebago Industries (WGO) 1,177 15% 7.6 10% 1,083 480 1,991 308 110 189 1,439
St Joe (JOE) 982 0% 20.3 2% 906 364 92 0 18 43 865
MI Homes (MHO) 795 5% 4.7 5% 2,089 1,185 2,395 130 110 166 775
Century Communities (CCS) 772 0% 6.5 3% 2,410 1,513 2,367 0 76 113 737
William Lyon Homes (WLH) 759 6% 9.4 4% 2,946 1,920 2,116 123 105 226 2,135
Xinyuan Real Estate (XIN) 492 0% 8,034 7,288 0 0 0 0 -694
Beazer Homes (BZH) 437 13% -28.0 -1% 2,120 1,586 1,306 176 -21 -13 353
Green Brick Partners (GRBK) 418 21% 4.8 7% 833 322 687 143 57 79 380
Legacy Housing (LEGH) 304 41% 14.0 6% 252 43 84 34 16 21 302
Select Interior Concepts (SIC) 267 28% 8.9 0% 429 277 556 154 0 47 421
Stratus Properties (STRS) 221 18% 89.7 -0% 543 402 90 16 -0 2 188

Balance Sheet ($MM)2012-03-312013-03-312014-03-312015-03-312016-03-312017-03-312018-03-312019-03-31
Cash418731111121212
Accounts Receivable1519212729313541
Inventory626970759594109116
PP&E5046644555576363
Assets437444469503554607675725
Accounts Payable1214151819242429
Long-Term Debt
Liabilities269268179182201213218196
Stockholders' Equity168177290320353394457530
Income Statement ($MM)2012-03-312013-03-312014-03-312015-03-312016-03-312017-03-312018-03-312019-03-31
Revenue443452533567712774871963
Cost of Revenue347352414441568616691757
Gross Profit96100119126144158181206
R&D
SG&A8079888898101107122
Tax267715171718
Net Income3010192429386269
Cash Flow ($MM)2012-03-312013-03-312014-03-312015-03-312016-03-312017-03-312018-03-312019-03-31
Cash Operating1621472644455933
Cash Investing-23-2-10-2-38-7-5-6
Cash Financing-29-12-120-4-30-26