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Cavco Industries (Cavco Industries) Enterprise Value : $2,774 Mil (As of Apr. 29, 2024)


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What is Cavco Industries Enterprise Value?

Think of Enterprise Value as the theoretical takeover price. It is more comprehensive than market capitalization (Market Cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Cavco Industries's Enterprise Value is $2,774 Mil. Cavco Industries's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $216 Mil. Therefore, Cavco Industries's EV-to-EBIT ratio for today is 12.81.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Cavco Industries's Enterprise Value is $2,774 Mil. Cavco Industries's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 was $235 Mil. Therefore, Cavco Industries's EV-to-EBITDA ratio for today is 11.80.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Cavco Industries's Enterprise Value is $2,774 Mil. Cavco Industries's Revenue for the trailing twelve months (TTM) ended in Dec. 2023 was $1,851 Mil. Therefore, Cavco Industries's EV-to-Revenue ratio for today is 1.50.


Cavco Industries Enterprise Value Historical Data

The historical data trend for Cavco Industries's Enterprise Value can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Cavco Industries Enterprise Value Chart

Cavco Industries Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Enterprise Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 904.55 1,098.86 1,767.20 1,930.34 2,489.81

Cavco Industries Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Enterprise Value Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1,603.95 2,489.81 2,216.08 1,900.12 2,556.48

Competitive Comparison of Cavco Industries's Enterprise Value

For the Residential Construction subindustry, Cavco Industries's Enterprise Value, along with its competitors' market caps and Enterprise Value data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Cavco Industries's Enterprise Value Distribution in the Homebuilding & Construction Industry

For the Homebuilding & Construction industry and Consumer Cyclical sector, Cavco Industries's Enterprise Value distribution charts can be found below:

* The bar in red indicates where Cavco Industries's Enterprise Value falls into.



Cavco Industries Enterprise Value Calculation

Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

Cavco Industries's Enterprise Value for the fiscal year that ended in Mar. 2023 is calculated as

Cavco Industries's Enterprise Value for the quarter that ended in Dec. 2023 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Cavco Industries  (NAS:CVCO) Enterprise Value Explanation

When an investor buy a company, the investor needs to pay not only the common shares, he/she also needs to pay the shareholders of Preferred Stocks. He also assumes the debt of the company, and receives the cash on the company's balance sheet.

If a company has more cash than debt, the investor actually pays less than the Market Cap because he immediately owns the cash once the transaction goes through.

The market value of Preferred Stock needs to be added to the market value of common stocks in the calculation of Enterprise Value.

For the companies with the same Market Cap, the smaller the Enterprise Value is, the cheaper the company is.

Enterprise Value can be negative when the company's net cash is more than its Market Cap. In this case the investor is basically getting the company for free and get paid for that.

1. EV-to-EBIT is calculated as Enterprise Value divided by its EBIT.

Cavco Industries's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=2773.691/216.471
=12.81

Cavco Industries's current Enterprise Value is $2,774 Mil.
Cavco Industries's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $216 Mil.

2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.

Cavco Industries's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=2773.691/235.054
=11.80

Cavco Industries's current Enterprise Value is $2,774 Mil.
Cavco Industries's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $235 Mil.

3. EV-to-Revenue is calculated as Enterprise Value divided by its Revenue.

Cavco Industries's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=2773.691/1851.054
=1.50

Cavco Industries's current Enterprise Value is $2,774 Mil.
Cavco Industries's Revenue for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $1,851 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Cavco Industries Enterprise Value Related Terms

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Cavco Industries (Cavco Industries) Business Description

Traded in Other Exchanges
N/A
Address
3636 North Central Avenue, Suite 1200, Phoenix, AZ, USA, 85012
Cavco Industries Inc designs and produces factory-built homes under the Cavco Homes, Fleetwood Homes, and Palm Harbor Homes brands. It also produces modular homes, park model homes, and vacation cabins, as well as commercial structures, among others. The company operates principally in two segments: Factory-built housing, which includes wholesale and retail systems-built housing operations and financial services, which includes manufactured housing consumer finance and insurance. Cavco received most of its revenues from the Factory-built housing segment.
Executives
Steven K. Like officer: Senior Vice President 1001 N. CENTRAL AVENUE, SUITE 800, PHOENIX AZ 85004
Steven G Bunger director
Jack S Brandom officer: President, Financial Services C/O 3636 N. CENTRAL AVE., SUITE 1200, PHOENIX AZ 85012
Gavin Ryan officer: See remarks 3636 N. CENTRAL AVENUE, SUITE 1200, PHOENIX AZ 85012
David A. Greenblatt director 4218 BEECHWOOD LANE, DALLAS TX 75220-1908
Rogers Colleen J officer: SVP, Marketing and Comm. C/O 3636 N. CENTRAL AVE., SUITE 1200, PHOENIX AZ 85012
Allison Aden officer: EVP and CFO C/O PROFIT RECOVERY GROUP INTERNATIONAL, 2300 WINDY RIDGE PARKWAY SUITE 100, ATLANTA GA 30339
Matthew A Nino officer: President, Retail C/O 3636 N CENTRAL AVENUE, SUITE 1200, PHOENIX AZ 85012
Brian R Cira officer: President,Manufactured Housing C/O 3636 N. CENTRAL AVE., SUITE 1200, PHOENIX AZ 85012
Anthony Crutcher officer: Chief Information Officer C/O 3636 N. CENTRAL AVE., SUITE 1200, PHOENIX AZ 85012
Paul Bigbee officer: Chief Accounting Officer C/O 3636 N. CENTRAL AVE., SUITE 1200, PHOENIX AZ 85012
Steven W Moster director 7000 E. 1ST AVE., SCOTTSDALE AZ 85251
Simone Reynolds officer: Sr. VP & CHRO C/O 3636 N CENTRAL AVENUE, SUITE 1200, PHOENIX AZ 85012
Julia Sze director C/O 3636 N. CENTRAL AVENUE, SUITE 1200, PHOENIX AZ 85012
Lyle D Zeller officer: See Remarks 3636 N. CENTRAL AVENUE, SUITE 1200, PHOENIX AZ 85012

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