Cavco Ebit Per Revenue vs Cost Of Revenue Analysis

CVCO Stock  USD 533.17  20.26  3.95%   
Cavco Industries financial indicator trend analysis is way more than just evaluating Cavco Industries prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Cavco Industries is a good investment. Please check the relationship between Cavco Industries Ebit Per Revenue and its Cost Of Revenue accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cavco Industries. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
To learn how to invest in Cavco Stock, please use our How to Invest in Cavco Industries guide.

Ebit Per Revenue vs Cost Of Revenue

Ebit Per Revenue vs Cost Of Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Cavco Industries Ebit Per Revenue account and Cost Of Revenue. At this time, the significance of the direction appears to have strong relationship.
The correlation between Cavco Industries' Ebit Per Revenue and Cost Of Revenue is 0.78. Overlapping area represents the amount of variation of Ebit Per Revenue that can explain the historical movement of Cost Of Revenue in the same time period over historical financial statements of Cavco Industries, assuming nothing else is changed. The correlation between historical values of Cavco Industries' Ebit Per Revenue and Cost Of Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ebit Per Revenue of Cavco Industries are associated (or correlated) with its Cost Of Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cost Of Revenue has no effect on the direction of Ebit Per Revenue i.e., Cavco Industries' Ebit Per Revenue and Cost Of Revenue go up and down completely randomly.

Correlation Coefficient

0.78
Relationship DirectionPositive 
Relationship StrengthSignificant

Ebit Per Revenue

Cost Of Revenue

Cost of Revenue is found on Cavco Industries income statement and represents the costs associated with goods and services Cavco Industries provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.
Most indicators from Cavco Industries' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Cavco Industries current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cavco Industries. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
To learn how to invest in Cavco Stock, please use our How to Invest in Cavco Industries guide.At this time, Cavco Industries' Selling General Administrative is very stable compared to the past year. As of the 26th of November 2024, Enterprise Value Over EBITDA is likely to grow to 19.63, while Tax Provision is likely to drop about 26.5 M.
 2021 2022 2023 2024 (projected)
Interest Expense702K910K1.6M2.2M
Depreciation And Amortization11.0M16.9M18.5M19.5M

Cavco Industries fundamental ratios Correlations

-0.130.970.980.990.97-0.920.960.980.730.53-0.330.980.93-0.140.960.940.990.94-0.870.7-0.590.820.060.960.97
-0.13-0.23-0.19-0.16-0.160.33-0.06-0.19-0.320.220.56-0.13-0.410.360.0-0.11-0.16-0.140.1-0.160.5-0.08-0.56-0.14-0.18
0.97-0.230.980.970.94-0.930.90.970.760.47-0.450.950.97-0.210.920.910.980.94-0.820.71-0.690.830.20.940.96
0.98-0.190.980.970.91-0.930.90.990.720.59-0.430.960.93-0.050.950.860.990.94-0.890.8-0.650.880.060.90.92
0.99-0.160.970.970.96-0.940.930.980.740.55-0.430.960.94-0.170.920.930.990.95-0.860.7-0.680.810.130.950.98
0.97-0.160.940.910.96-0.840.980.930.80.33-0.280.970.94-0.350.90.990.940.85-0.750.54-0.550.670.221.00.99
-0.920.33-0.93-0.93-0.94-0.84-0.8-0.91-0.65-0.550.54-0.84-0.910.1-0.83-0.82-0.95-0.980.88-0.740.75-0.86-0.11-0.84-0.89
0.96-0.060.90.90.930.98-0.80.920.710.4-0.120.960.87-0.20.950.950.920.83-0.790.56-0.40.690.020.970.95
0.98-0.190.970.990.980.93-0.910.920.750.56-0.430.980.94-0.110.940.890.990.92-0.870.78-0.660.850.110.930.95
0.73-0.320.760.720.740.8-0.650.710.750.12-0.440.780.82-0.490.620.760.720.59-0.50.58-0.630.550.490.790.79
0.530.220.470.590.550.33-0.550.40.560.12-0.170.480.310.670.590.270.570.62-0.670.73-0.290.75-0.530.310.37
-0.330.56-0.45-0.43-0.43-0.280.54-0.12-0.43-0.44-0.17-0.31-0.540.29-0.11-0.26-0.42-0.450.37-0.440.94-0.36-0.61-0.28-0.39
0.98-0.130.950.960.960.97-0.840.960.980.780.48-0.310.92-0.170.950.920.960.86-0.820.69-0.560.770.120.960.95
0.93-0.410.970.930.940.94-0.910.870.940.820.31-0.540.92-0.380.830.910.930.87-0.730.63-0.750.720.380.940.95
-0.140.36-0.21-0.05-0.17-0.350.1-0.2-0.11-0.490.670.29-0.17-0.380.04-0.42-0.11-0.03-0.190.320.340.28-0.86-0.37-0.35
0.960.00.920.950.920.9-0.830.950.940.620.59-0.110.950.830.040.860.930.87-0.850.7-0.380.84-0.140.90.88
0.94-0.110.910.860.930.99-0.820.950.890.760.27-0.260.920.91-0.420.860.910.84-0.70.46-0.530.610.240.990.98
0.99-0.160.980.990.990.94-0.950.920.990.720.57-0.420.960.93-0.110.930.910.97-0.890.74-0.670.860.080.940.96
0.94-0.140.940.940.950.85-0.980.830.920.590.62-0.450.860.87-0.030.870.840.97-0.90.72-0.680.870.00.860.9
-0.870.1-0.82-0.89-0.86-0.750.88-0.79-0.87-0.5-0.670.37-0.82-0.73-0.19-0.85-0.7-0.89-0.9-0.790.54-0.870.22-0.73-0.78
0.7-0.160.710.80.70.54-0.740.560.780.580.73-0.440.690.630.320.70.460.740.72-0.79-0.560.94-0.140.530.58
-0.590.5-0.69-0.65-0.68-0.550.75-0.4-0.66-0.63-0.290.94-0.56-0.750.34-0.38-0.53-0.67-0.680.54-0.56-0.55-0.58-0.55-0.65
0.82-0.080.830.880.810.67-0.860.690.850.550.75-0.360.770.720.280.840.610.860.87-0.870.94-0.55-0.190.670.71
0.06-0.560.20.060.130.22-0.110.020.110.49-0.53-0.610.120.38-0.86-0.140.240.080.00.22-0.14-0.58-0.190.230.24
0.96-0.140.940.90.951.0-0.840.970.930.790.31-0.280.960.94-0.370.90.990.940.86-0.730.53-0.550.670.230.99
0.97-0.180.960.920.980.99-0.890.950.950.790.37-0.390.950.95-0.350.880.980.960.9-0.780.58-0.650.710.240.99
Click cells to compare fundamentals

Cavco Industries Account Relationship Matchups

Cavco Industries fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets810.4M951.8M1.2B1.3B1.4B1.4B
Short Long Term Debt Total25.7M25.5M24.8M21.7M48.3M43.2M
Other Current Liab117.9M203.2M225.4M234.8M239.7M251.7M
Total Current Liabilities172.1M237.1M294.2M293.4M273.3M286.9M
Total Stockholder Equity607.6M683.6M830.5M976.3M1.0B1.1B
Property Plant And Equipment Net91.1M113.0M181.0M255.0M263.2M276.4M
Net Debt(216.1M)(296.7M)(219.4M)(249.7M)(317.5M)(301.7M)
Non Current Assets Total294.2M300.0M410.9M503.4M502.4M527.5M
Net Receivables90.6M104.3M149.3M150.4M141.2M148.2M
Common Stock Shares Outstanding9.3M9.3M9.3M8.9M8.6M8.6M
Liabilities And Stockholders Equity810.4M951.8M1.2B1.3B1.4B1.4B
Non Current Liabilities Total30.7M31.1M29.5M37.1M47.5M40.9M
Inventory113.5M131.2M244.0M263.2M241.3M253.4M
Other Current Assets42.2M74.5M86.6M104.6M98.4M103.3M
Other Stockholder Equity252.3M252.4M202.0M107.5M6.5M6.2M
Total Liab202.8M268.2M323.7M330.5M320.7M336.8M
Property Plant And Equipment Gross91.1M113.0M181.0M255.0M339.9M356.9M
Total Current Assets516.2M651.8M744.1M804.6M851.8M894.4M
Accumulated Other Comprehensive Income90K97K(403K)(615K)(333K)(316.4K)
Cash And Short Term Investments256.4M341.8M264.2M286.4M371.0M389.5M
Other Liab7.0M7.3M7.4M5.5M5.0M4.7M
Accounts Payable29.9M32.1M43.1M30.7M33.5M17.6M
Long Term Debt14.6M12.7M10.3M10.8M9.8M9.3M
Short Term Investments14.6M19.5M20.1M15.0M18.3M12.7M
Intangible Assets15.1M14.4M28.5M29.8M28.2M30.6M
Property Plant Equipment77.2M113.0M181.0M228.3M262.5M275.6M
Retained Earnings355.1M431.1M628.8M869.3M1.0B1.1B
Cash241.8M322.3M244.2M271.4M352.7M370.3M
Short Term Debt2.2M1.8M(24.9M)6.6M5.4M6.7M
Net Tangible Assets528.1M594.2M701.0M968.2M1.1B1.2B
Current Deferred Revenue22.1M41.8M56.3M45.2M33.4M28.1M
Retained Earnings Total Equity280.1M355.1M431.1M869.3M999.7M1.0B
Capital Surpluse249.4M252.3M253.8M272.0M312.7M249.7M
Deferred Long Term Liab7.0M7.3M7.4M7.6M6.8M11.0M
Long Term Investments112.6M35.0M34.9M99.7M17.3M16.5M

Pair Trading with Cavco Industries

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Cavco Industries position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Cavco Industries will appreciate offsetting losses from the drop in the long position's value.

Moving together with Cavco Stock

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Moving against Cavco Stock

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The ability to find closely correlated positions to Cavco Industries could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Cavco Industries when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Cavco Industries - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Cavco Industries to buy it.
The correlation of Cavco Industries is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Cavco Industries moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Cavco Industries moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Cavco Industries can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Cavco Industries offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Cavco Industries' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Cavco Industries Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Cavco Industries Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cavco Industries. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
To learn how to invest in Cavco Stock, please use our How to Invest in Cavco Industries guide.
You can also try the Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..
Is Household Durables space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Cavco Industries. If investors know Cavco will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Cavco Industries listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.109
Earnings Share
17.7
Revenue Per Share
223.038
Quarterly Revenue Growth
0.123
Return On Assets
0.0739
The market value of Cavco Industries is measured differently than its book value, which is the value of Cavco that is recorded on the company's balance sheet. Investors also form their own opinion of Cavco Industries' value that differs from its market value or its book value, called intrinsic value, which is Cavco Industries' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Cavco Industries' market value can be influenced by many factors that don't directly affect Cavco Industries' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Cavco Industries' value and its price as these two are different measures arrived at by different means. Investors typically determine if Cavco Industries is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cavco Industries' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.