LEGH
Legacy Housing Corporation
Residential Construction
Market Cap$515M
5Y Perf.+65.9%
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Stock Comparison
LEGH vs CVCO
Revenue, margins, valuation, and 5-year total return — side by side.
CVCO
Cavco Industries, Inc.
Residential Construction
Market Cap$4.74B
5Y Perf.+163.1%
LEGH vs CVCO — Key Financials
Market cap, revenue, margins, and valuation side-by-side.
| Company Snapshot | LEGH | CVCO |
|---|---|---|
| Industry | Residential Construction | Residential Construction |
| Market Cap | $515M | $4.74B |
| Revenue (TTM) | $180M | $2.20B |
| Net Income (TTM) | $48M | $269M |
| Gross Margin | 44.5% | 23.4% |
| Operating Margin | 29.7% | 9.8% |
| Forward P/E | 10.6x | 21.0x |
| Total Debt | $3M | $45M |
| Cash & Equiv. | $8M | $356M |
LEGH vs CVCO — Long-Term Stock Performance
Price return indexed to 100 at period start. Dividends excluded.
LEGH
CVCO
| Stock | May 20 | May 26 | Return |
|---|---|---|---|
| Legacy Housing Corp… (LEGH) | 100 | 165.9 | +65.9% |
| Cavco Industries, I… (CVCO) | 100 | 263.1 | +163.1% |
Price return only. Dividends and distributions are not included.
Quick Verdict: LEGH vs CVCO
Each card shows where this stock fits in a portfolio — not just who wins on paper.
Bottom line: LEGH and CVCO are tied at the top with 3 categories each — the right choice depends on your priorities. Cavco Industries, Inc. is the stronger pick specifically for growth and revenue expansion and recent price momentum and sentiment. As sector peers, any of these can serve as alternatives in the same allocation.
LEGH
Legacy Housing Corporation
The Income Pick
LEGH has the current edge in this matchup, primarily because of its strength in income & stability and sleep-well-at-night.
- Dividend streak 2 yrs, beta 0.80
- Lower volatility, beta 0.80, Low D/E 0.5%, current ratio 3.51x
- Beta 0.80, current ratio 3.51x
Best for: income & stability and sleep-well-at-night
CVCO
Cavco Industries, Inc.
The Growth Play
CVCO is the clearest fit if your priority is growth exposure and long-term compounding.
- Rev growth 12.3%, EPS growth 12.7%, 3Y rev CAGR 7.4%
- 470.6% 10Y total return vs LEGH's 79.5%
- 12.3% revenue growth vs LEGH's -10.7%
Best for: growth exposure and long-term compounding
See the full category breakdown
| Category | Winner | Why |
|---|---|---|
| Growth | CVCO | 12.3% revenue growth vs LEGH's -10.7% |
| Value | LEGH | Lower P/E (10.6x vs 21.0x) |
| Quality / Margins | LEGH | 26.7% margin vs CVCO's 12.2% |
| Stability / Safety | LEGH | Beta 0.80 vs CVCO's 1.20, lower leverage |
| Dividends | Tie | Neither stock pays a meaningful dividend |
| Momentum (1Y) | CVCO | -3.0% vs LEGH's -13.3% |
| Efficiency (ROA) | CVCO | 18.2% ROA vs LEGH's 8.8%, ROIC 19.4% vs 7.1% |
LEGH vs CVCO — Revenue Breakdown by Segment
How each company's revenue is distributed across its business units
FY 2025
FY 2025
LEGH vs CVCO — Financial Metrics
Side-by-side numbers across 2 stocks — who leads on profitability, valuation, growth, and risk.
BEST OVERALLLEGHLAGGINGCVCO
CVCOCavco Industries, Inc.
2leads
LEGHLegacy Housing Corpor…
3leads
6 Total Categories
CATEGORYLEADERvs CVCOMETRICS WON
Income & Cash FlowRevenue, margins, and cash flow strength
LEGH4/6
Valuation MetricsMultiples, price ratios, and targets
LEGH4/5
Profitability & EfficiencyROE, ROIC, leverage, and quality scores
CVCO6/9
Total Returns1Y, 3Y, 5Y total returns with dividends
CVCO5/6
Risk & VolatilityBeta, volatility, and downside exposure
LEGH2/2
Analyst OutlookRatings, price targets, and dividends
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Income & Cash Flow (Last 12 Months)
LEGH leads this category, winning 4 of 6 comparable metrics.
Income & Cash Flow (Last 12 Months)
CVCO is the larger business by revenue, generating $2.2B annually — 12.2x LEGH's $180M. LEGH is the more profitable business, keeping 26.7% of every revenue dollar as net income compared to CVCO's 12.2%. On growth, CVCO holds the edge at +11.3% YoY revenue growth, suggesting stronger near-term business momentum.
| Metric | LEGHLegacy Housing Co… | CVCOCavco Industries,… |
|---|---|---|
| RevenueTrailing 12 months | $180M | $2.2B |
| EBITDAEarnings before interest/tax | $55M | $221M |
| Net IncomeAfter-tax profit | $48M | $269M |
| Free Cash FlowCash after capex | $18M | $205M |
| Gross MarginGross profit ÷ Revenue | +44.5% | +23.4% |
| Operating MarginEBIT ÷ Revenue | +29.7% | +9.8% |
| Net MarginNet income ÷ Revenue | +26.7% | +12.2% |
| FCF MarginFCF ÷ Revenue | +10.2% | +9.3% |
| Rev. Growth (YoY)Latest quarter vs prior year | -8.6% | +11.3% |
| EPS Growth (YoY)Latest quarter vs prior year | -45.3% | -19.1% |
LEGH leads this category, winning 4 of 6 comparable metrics.
Valuation Metrics
LEGH leads this category, winning 4 of 5 comparable metrics.
Valuation Metrics
On an enterprise value basis, LEGH's 10.5x EV/EBITDA is more attractive than CVCO's 21.1x.
| Metric | LEGHLegacy Housing Co… | CVCOCavco Industries,… |
|---|---|---|
| Market CapShares × price | $515M | $4.7B |
| Enterprise ValueMkt cap + debt − cash | $509M | $4.4B |
| Trailing P/EPrice ÷ TTM EPS | — | 24.16x |
| Forward P/EPrice ÷ next-FY EPS est. | 10.64x | 21.00x |
| PEG RatioP/E ÷ EPS growth rate | — | 1.17x |
| EV / EBITDAEnterprise value multiple | 10.52x | 21.13x |
| Price / SalesMarket cap ÷ Revenue | 3.13x | 2.35x |
| Price / BookPrice ÷ Book value/share | 0.97x | 3.88x |
| Price / FCFMarket cap ÷ FCF | 18.31x | 30.17x |
LEGH leads this category, winning 4 of 5 comparable metrics.
Profitability & Efficiency
CVCO leads this category, winning 6 of 9 comparable metrics.
Profitability & Efficiency
CVCO delivers a 24.7% return on equity — every $100 of shareholder capital generates $25 in annual profit, vs $9 for LEGH. LEGH carries lower financial leverage with a 0.00x debt-to-equity ratio, signaling a more conservative balance sheet compared to CVCO's 0.04x. On the Piotroski fundamental quality scale (0–9), CVCO scores 6/9 vs LEGH's 3/9, reflecting solid financial health.
| Metric | LEGHLegacy Housing Co… | CVCOCavco Industries,… |
|---|---|---|
| ROE (TTM)Return on equity | +9.5% | +24.7% |
| ROA (TTM)Return on assets | +8.8% | +18.2% |
| ROICReturn on invested capital | +7.1% | +19.4% |
| ROCEReturn on capital employed | +9.4% | +17.4% |
| Piotroski ScoreFundamental quality 0–9 | 3 | 6 |
| Debt / EquityFinancial leverage | 0.00x | 0.04x |
| Net DebtTotal debt minus cash | -$6M | -$311M |
| Cash & Equiv.Liquid assets | $8M | $356M |
| Total DebtShort + long-term debt | $3M | $45M |
| Interest CoverageEBIT ÷ Interest expense | 1184.32x | 211.73x |
CVCO leads this category, winning 6 of 9 comparable metrics.
Total Returns (Dividends Reinvested)
CVCO leads this category, winning 5 of 6 comparable metrics.
Total Returns (Dividends Reinvested)
A $10,000 investment in CVCO five years ago would be worth $24,034 today (with dividends reinvested), compared to $11,689 for LEGH. Over the past 12 months, CVCO leads with a -3.0% total return vs LEGH's -13.3%. The 3-year compound annual growth rate (CAGR) favors CVCO at 17.8% vs LEGH's -1.8% — a key indicator of consistent wealth creation.
| Metric | LEGHLegacy Housing Co… | CVCOCavco Industries,… |
|---|---|---|
| YTD ReturnYear-to-date | +11.9% | -15.4% |
| 1-Year ReturnPast 12 months | -13.3% | -3.0% |
| 3-Year ReturnCumulative with dividends | -5.3% | +63.5% |
| 5-Year ReturnCumulative with dividends | +16.9% | +140.3% |
| 10-Year ReturnCumulative with dividends | +79.5% | +470.6% |
| CAGR (3Y)Annualised 3-year return | -1.8% | +17.8% |
CVCO leads this category, winning 5 of 6 comparable metrics.
Risk & Volatility
LEGH leads this category, winning 2 of 2 comparable metrics.
Risk & Volatility
LEGH is the less volatile stock with a 0.80 beta — it tends to amplify market swings less than CVCO's 1.20 beta. A beta below 1.0 means the stock typically moves less than the S&P 500. LEGH currently trades 73.3% from its 52-week high vs CVCO's 70.2% drawdown — a narrower gap to the peak suggests stronger recent price momentum.
| Metric | LEGHLegacy Housing Co… | CVCOCavco Industries,… |
|---|---|---|
| Beta (5Y)Sensitivity to S&P 500 | 0.80x | 1.20x |
| 52-Week HighHighest price in past year | $29.45 | $713.01 |
| 52-Week LowLowest price in past year | $18.34 | $393.53 |
| % of 52W HighCurrent price vs 52-week peak | +73.3% | +70.2% |
| RSI (14)Momentum oscillator 0–100 | 49.9 | 39.9 |
| Avg Volume (50D)Average daily shares traded | 106K | 142K |
LEGH leads this category, winning 2 of 2 comparable metrics.
Analyst Outlook
Insufficient data to determine a leader in this category.
Analyst Outlook
Wall Street rates LEGH as "Buy" and CVCO as "Buy". Consensus price targets imply 36.6% upside for LEGH (target: $30) vs -5.1% for CVCO (target: $475).
| Metric | LEGHLegacy Housing Co… | CVCOCavco Industries,… |
|---|---|---|
| Analyst RatingConsensus buy/hold/sell | Buy | Buy |
| Price TargetConsensus 12-month target | $29.50 | $475.00 |
| # AnalystsCovering analysts | 6 | 2 |
| Dividend YieldAnnual dividend ÷ price | — | — |
| Dividend StreakConsecutive years of raises | 2 | — |
| Dividend / ShareAnnual DPS | — | — |
| Buyback YieldShare repurchases ÷ mkt cap | +1.5% | +3.1% |
Insufficient data to determine a leader in this category.
Key Takeaway
LEGH leads in 3 of 6 categories (Income & Cash Flow, Valuation Metrics). CVCO leads in 2 (Profitability & Efficiency, Total Returns).
Best OverallLegacy Housing Corporation (LEGH)Leads 3 of 6 categories
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LEGH vs CVCO: Frequently Asked Questions
10 questions · data-driven answers · updated daily
01Is LEGH or CVCO a better buy right now?
For growth investors, Cavco Industries, Inc.
(CVCO) is the stronger pick with 12. 3% revenue growth year-over-year, versus -10. 7% for Legacy Housing Corporation (LEGH). Cavco Industries, Inc. (CVCO) offers the better valuation at 24. 2x trailing P/E (21. 0x forward), making it the more compelling value choice. Analysts rate Legacy Housing Corporation (LEGH) a "Buy" — based on 6 analyst ratings — the highest consensus in this comparison. The "better buy" depends entirely on your goals: growth investors should weight revenue trajectory, value investors should weight P/E and PEG, and income investors should weight dividend yield and streak.
02Which has the better valuation — LEGH or CVCO?
On forward P/E, Legacy Housing Corporation is actually cheaper at 10.
6x — notably different from the trailing picture, reflecting expected earnings growth.
03Which is the better long-term investment — LEGH or CVCO?
Over the past 5 years, Cavco Industries, Inc.
(CVCO) delivered a total return of +140. 3%, compared to +16. 9% for Legacy Housing Corporation (LEGH). Over 10 years, the gap is even starker: CVCO returned +470. 6% versus LEGH's +79. 5%. Past returns do not guarantee future results, and the stock with the higher historical return may already have its best growth priced in.
04Which is safer — LEGH or CVCO?
By beta (market sensitivity over 5 years), Legacy Housing Corporation (LEGH) is the lower-risk stock at 0.
80β versus Cavco Industries, Inc. 's 1. 20β — meaning CVCO is approximately 50% more volatile than LEGH relative to the S&P 500. On balance sheet safety, Legacy Housing Corporation (LEGH) carries a lower debt/equity ratio of 0% versus 4% for Cavco Industries, Inc. — giving it more financial flexibility in a downturn.
05Which is growing faster — LEGH or CVCO?
By revenue growth (latest reported year), Cavco Industries, Inc.
(CVCO) is pulling ahead at 12. 3% versus -10. 7% for Legacy Housing Corporation (LEGH). On earnings-per-share growth, the picture is similar: Cavco Industries, Inc. grew EPS 12. 7% year-over-year, compared to -100. 0% for Legacy Housing Corporation. Over a 3-year CAGR, CVCO leads at 7. 4% annualised revenue growth. Higher growth typically commands a higher valuation multiple — check whether the premium P/E or P/S is justified by the growth rate using the PEG ratio.
06Which has better profit margins — LEGH or CVCO?
Legacy Housing Corporation (LEGH) is the more profitable company, earning 25.
4% net margin versus 8. 5% for Cavco Industries, Inc. — meaning it keeps 25. 4% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: LEGH leads at 29. 4% versus 9. 4% for CVCO. At the gross margin level — before operating expenses — LEGH leads at 48. 5%, reflecting greater pricing power or product mix advantage. Stronger margins indicate durable pricing power, lower cost of revenue, or higher mix of software/services. They are one of the clearest signs of business quality.
07Is LEGH or CVCO more undervalued right now?
On forward earnings alone, Legacy Housing Corporation (LEGH) trades at 10.
6x forward P/E versus 21. 0x for Cavco Industries, Inc. — 10. 4x cheaper on a one-year earnings basis. Analyst consensus price targets imply the most upside for LEGH: 36. 6% to $29. 50.
08Which pays a better dividend — LEGH or CVCO?
None of the stocks in this comparison currently pay a material dividend.
All are effectively zero-yield and should be held for capital appreciation rather than income.
09Is LEGH or CVCO better for a retirement portfolio?
For long-horizon retirement investors, Legacy Housing Corporation (LEGH) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (low volatility (β 0.
80)). Both have compounded well over 10 years (LEGH: +79. 5%, CVCO: +470. 6%), confirming both are viable long-term holds — but the lower-volatility option typically results in less emotional selling during corrections. Retirement portfolios generally favour predictability over maximum returns. Consult a financial advisor before making allocation decisions.
10What are the main differences between LEGH and CVCO?
Both stocks operate in the Consumer Cyclical sector, making this a peer-level intra-sector comparison — the same macro tailwinds and headwinds will affect both.
These fundamental differences mean investors should not choose between them on a single metric — the "better stock" depends entirely on which of these characteristics aligns with your investment strategy.
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Revenue Growth>
%
(LEGH: -8.6% · CVCO: 11.3%)Net Margin>
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