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Upturn AI SWOT - About
CVCO 
Cavco Industries Inc (CVCO)
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Upturn Advisory Summary
07/02/2025: CVCO (1-star) is currently NOT-A-BUY. Pass it for now.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
Number of Analysts
3 Analysts rated it
Very few follow this stock; limited insights, higher-risk early investing.
1 Year Target Price $551.67
1 Year Target Price $551.67
| 1 | Strong Buy |
| 1 | Buy |
| 1 | Hold |
| 0 | Sell |
| 0 | Strong Sell |
Analysis of Past Performance
Type Stock | Historic Profit -15.42% | Avg. Invested days 37 | Today’s Advisory PASS |
Upturn Star Rating | Upturn Advisory Performance  2.0 | Stock Returns Performance  1.0 |
| Profits based on simulation | Last Close 07/02/2025 |
Key Highlights
Company Size Mid-Cap Stock | Market Capitalization 3.66B USD | Price to earnings Ratio 21 | 1Y Target Price 551.67 |
Price to earnings Ratio 21 | 1Y Target Price 551.67 | ||
Volume (30-day avg) 3 | Beta 1.17 | 52 Weeks Range 331.08 - 549.99 | Updated Date 07/2/2025 |
52 Weeks Range 331.08 - 549.99 | Updated Date 07/2/2025 | ||
Dividends yield (FY) - | Basic EPS (TTM) 21.55 |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin 8.49% | Operating Margin (TTM) 9.64% |
Management Effectiveness
Return on Assets (TTM) 9.07% | Return on Equity (TTM) 16.31% |
Valuation
Trailing PE 21 | Forward PE - | Enterprise Value 3172155079 | Price to Sales(TTM) 1.82 |
Enterprise Value 3172155079 | Price to Sales(TTM) 1.82 | ||
Enterprise Value to Revenue 1.57 | Enterprise Value to EBITDA 13.74 | Shares Outstanding 8088790 | Shares Floating 7506244 |
Shares Outstanding 8088790 | Shares Floating 7506244 | ||
Percent Insiders 6 | Percent Institutions 98.3 |
Upturn AI SWOT
Cavco Industries Inc
Company Overview
History and Background
Cavco Industries, Inc. was founded in 1965. Initially a shell company, it acquired Cavco West, a mobile home manufacturer, in 1969, marking its entry into the manufactured housing industry. Since then, Cavco has grown through acquisitions and organic expansion, becoming a major player in the industry.
Core Business Areas
- Manufactured Housing: Cavco designs, produces, and sells a variety of manufactured homes, including park model homes, modular homes, and commercial structures.
- Financial Services: Cavco provides financial services, including retail consumer financing, wholesale financing to independent retailers, and insurance products to homeowners.
- Mortgage Banking: Cavco originates, sells, and services mortgage loans, primarily on manufactured homes.
Leadership and Structure
Daniel Brumm is the President and CEO. The company operates with a functional organizational structure, with distinct business units for manufacturing, finance, and mortgage banking.
Top Products and Market Share
Key Offerings
- Manufactured Homes: Cavco's manufactured homes are their core product, offering affordable housing solutions. Market share varies regionally, but Cavco is a significant player. Competitors include Skyline Champion (SKY), Clayton Homes (Berkshire Hathaway), and UMH Properties (UMH).
- Financial Services (Consumer Loans): Retail consumer financing helps customers purchase Cavco homes. Market share is tied to Cavco's home sales. Competitors include regional and national lenders specializing in manufactured home loans, and credit unions.
- Mortgage Banking: Origination, sale and servicing of mortgages related to manufactured homes. Competitors include regional and national lenders specializing in manufactured home loans, and credit unions.
Market Dynamics
Industry Overview
The manufactured housing industry is driven by the demand for affordable housing, particularly in rural areas. The industry is sensitive to economic cycles, interest rates, and government regulations.
Positioning
Cavco is a vertically integrated company with manufacturing, finance, and mortgage banking operations. This allows them to control costs and offer comprehensive solutions to customers. Their competitive advantage lies in their scale, brand recognition, and integrated business model.
Total Addressable Market (TAM)
The total addressable market (TAM) for manufactured housing in the U.S. is estimated to be in tens of billions of dollars annually. Cavco is positioned to capture a significant portion of this market through its diverse product offerings and vertically integrated operations.
Upturn SWOT Analysis
Strengths
- Vertically integrated business model
- Strong brand recognition
- Extensive distribution network
- Diverse product portfolio
- Experienced management team
Weaknesses
- Exposure to economic cycles
- Dependence on government regulations
- Geographic concentration in certain markets
- Potential for increased competition
- Sensitivity to interest rate fluctuations
Opportunities
- Expanding into new geographic markets
- Developing new products and services
- Increasing market share through acquisitions
- Benefiting from government initiatives to promote affordable housing
- Capitalizing on the growing demand for sustainable housing solutions
Threats
- Economic downturns
- Rising interest rates
- Increased competition
- Changes in government regulations
- Supply chain disruptions
Competitors and Market Share
Key Competitors
- SKY
- BRK.A
- UMH
Competitive Landscape
Cavco's vertically integrated business model gives it a competitive edge over less integrated players. However, Skyline Champion and Clayton Homes have significant scale. UMH focuses on rental communities.
Major Acquisitions
Commodore Corporation
- Year: 2021
- Acquisition Price (USD millions): 230
- Strategic Rationale: Expanded Cavco's manufacturing capacity and geographic presence in the eastern United States.
Growth Trajectory and Initiatives
Historical Growth: Cavco has experienced significant growth through acquisitions and organic expansion, driven by the increasing demand for affordable housing.
Future Projections: Future growth projections depend on factors such as economic conditions, interest rates, and government policies. Analyst estimates would be needed for specific figures.
Recent Initiatives: Recent initiatives may include acquisitions of smaller manufacturers, expansion into new markets, and investments in new technologies.
Summary
Cavco Industries is a strong player in the manufactured housing industry due to its vertically integrated model. Demand for affordable housing is a tailwind, but economic cycles and interest rates pose risks. Continued expansion and strategic acquisitions are key to maintaining growth. Interest rate risks and cyclicality should be monitored.
Peer Comparison
Sources and Disclaimers
Data Sources:
- Company filings (10-K, 10-Q), press releases, industry reports, analyst estimates.
Disclaimers:
This analysis is based on publicly available information and should not be considered investment advice. Market data is approximate and may vary based on reporting agencies and time of measurement. Accuracy is not guaranteed.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Cavco Industries Inc
Exchange NASDAQ | Headquaters Phoenix, AZ, United States | ||
IPO Launch date 2003-07-01 | President, CEO & Director Mr. William C. Boor C.F.A. | ||
Sector Consumer Cyclical | Industry Residential Construction | Full time employees 7000 | Website https://www.cavcohomes.com |
Full time employees 7000 | Website https://www.cavcohomes.com | ||
Cavco Industries, Inc. designs, produces, and retails factory-built homes primarily in the United States. It operates in two segments, Factory-Built Housing and Financial Services. The company produces park model RVs; vacation cabins; and factory-built commercial structures, including apartment buildings, condominiums, hotels, workforce housing, schools, and housing for the United States military troops. It also produces various modular homes, which include single and multi-section ranch, split-level, and Cape Cod style homes, as well as two- and three-story homes, and multi-family units. In addition, the company provides conforming and non-conforming mortgages and home-only loans to purchasers of various brands of factory-built homes sold by company-owned retail stores, as well as various independent distributors, builders, communities, and developers. Further, it offers property and casualty insurance to owners of manufactured homes. The company distributes its products through a network of independent and company-owned retailers, planned community operators, and residential developers. The company was founded in 1965 and is headquartered in Phoenix, Arizona.
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