Legacy Free Cash Flow vs Free Cash Flow Yield Analysis

LEGH Stock  USD 25.52  0.46  1.84%   
Legacy Housing financial indicator trend analysis is infinitely more than just investigating Legacy Housing Corp recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Legacy Housing Corp is a good investment. Please check the relationship between Legacy Housing Free Cash Flow and its Free Cash Flow Yield accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Legacy Housing Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.

Free Cash Flow vs Free Cash Flow Yield

Free Cash Flow vs Free Cash Flow Yield Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Legacy Housing Corp Free Cash Flow account and Free Cash Flow Yield. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Legacy Housing's Free Cash Flow and Free Cash Flow Yield is 0.97. Overlapping area represents the amount of variation of Free Cash Flow that can explain the historical movement of Free Cash Flow Yield in the same time period over historical financial statements of Legacy Housing Corp, assuming nothing else is changed. The correlation between historical values of Legacy Housing's Free Cash Flow and Free Cash Flow Yield is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Free Cash Flow of Legacy Housing Corp are associated (or correlated) with its Free Cash Flow Yield. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Free Cash Flow Yield has no effect on the direction of Free Cash Flow i.e., Legacy Housing's Free Cash Flow and Free Cash Flow Yield go up and down completely randomly.

Correlation Coefficient

0.97
Relationship DirectionPositive 
Relationship StrengthVery Strong

Free Cash Flow

The amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.

Free Cash Flow Yield

A financial solvency ratio that compares the free cash flow per share a company is expected to earn against its market value per share, calculated as free cash flow per share divided by market price per share.
Most indicators from Legacy Housing's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Legacy Housing Corp 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Legacy Housing Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.
As of now, Legacy Housing's Enterprise Value Over EBITDA is decreasing as compared to previous years. The Legacy Housing's current Enterprise Value Multiple is estimated to increase to 10.70, while Tax Provision is projected to decrease to under 9.4 M.
 2023 2024 2025 (projected)
Depreciation And Amortization1.7M2.0M1.3M
Interest Income2.8M3.2M3.4M

Legacy Housing fundamental ratios Correlations

-0.650.810.781.00.910.970.990.71-0.650.91-0.02-0.221.00.720.96-0.6-0.220.79-0.790.9-0.8-0.590.440.910.83
-0.65-0.74-0.6-0.7-0.79-0.73-0.69-0.60.93-0.680.55-0.48-0.62-0.38-0.640.87-0.48-0.50.8-0.470.910.87-0.61-0.79-0.8
0.81-0.740.690.830.740.760.810.64-0.680.75-0.290.020.790.360.71-0.640.020.5-0.70.72-0.8-0.660.550.830.74
0.78-0.60.690.790.720.830.810.72-0.70.740.16-0.010.790.530.87-0.84-0.010.54-0.870.87-0.86-0.830.380.930.88
1.0-0.70.830.790.920.970.990.72-0.70.91-0.06-0.160.990.70.96-0.65-0.160.78-0.810.88-0.83-0.630.460.930.85
0.91-0.790.740.720.920.920.90.67-0.730.86-0.260.040.890.740.88-0.690.040.81-0.80.83-0.84-0.660.630.880.83
0.97-0.730.760.830.970.920.990.82-0.780.88-0.04-0.120.960.640.98-0.73-0.120.73-0.850.86-0.86-0.710.520.940.88
0.99-0.690.810.810.990.90.990.78-0.720.91-0.02-0.190.990.670.97-0.67-0.190.75-0.820.88-0.83-0.650.460.930.86
0.71-0.60.640.720.720.670.820.78-0.790.650.01-0.170.680.250.79-0.68-0.170.41-0.70.69-0.7-0.650.720.710.71
-0.650.93-0.68-0.7-0.7-0.73-0.78-0.72-0.79-0.690.29-0.37-0.63-0.31-0.720.92-0.37-0.420.87-0.520.90.91-0.64-0.79-0.86
0.91-0.680.750.740.910.860.880.910.65-0.69-0.11-0.170.90.820.87-0.63-0.170.9-0.790.85-0.84-0.620.470.860.78
-0.020.55-0.290.16-0.06-0.26-0.04-0.020.010.29-0.11-0.370.030.040.130.23-0.37-0.15-0.050.160.280.23-0.37-0.10.05
-0.22-0.480.02-0.01-0.160.04-0.12-0.19-0.17-0.37-0.17-0.37-0.22-0.2-0.18-0.421.0-0.27-0.28-0.31-0.23-0.440.140.040.26
1.0-0.620.790.790.990.890.960.990.68-0.630.90.03-0.220.730.96-0.59-0.220.78-0.790.9-0.78-0.580.380.910.84
0.72-0.380.360.530.70.740.640.670.25-0.310.820.04-0.20.730.69-0.33-0.190.95-0.570.72-0.56-0.320.180.620.56
0.96-0.640.710.870.960.880.980.970.79-0.720.870.13-0.180.960.69-0.7-0.180.73-0.860.9-0.82-0.680.420.930.89
-0.60.87-0.64-0.84-0.65-0.69-0.73-0.67-0.680.92-0.630.23-0.42-0.59-0.33-0.7-0.42-0.390.88-0.570.941.0-0.5-0.85-0.86
-0.22-0.480.02-0.01-0.160.04-0.12-0.19-0.17-0.37-0.17-0.371.0-0.22-0.19-0.18-0.42-0.27-0.28-0.31-0.24-0.440.140.040.26
0.79-0.50.50.540.780.810.730.750.41-0.420.9-0.15-0.270.780.950.73-0.39-0.27-0.570.76-0.64-0.370.360.680.56
-0.790.8-0.7-0.87-0.81-0.8-0.85-0.82-0.70.87-0.79-0.05-0.28-0.79-0.57-0.860.88-0.28-0.57-0.740.910.88-0.49-0.89-0.99
0.9-0.470.720.870.880.830.860.880.69-0.520.850.16-0.310.90.720.9-0.57-0.310.76-0.74-0.73-0.560.460.860.77
-0.80.91-0.8-0.86-0.83-0.84-0.86-0.83-0.70.9-0.840.28-0.23-0.78-0.56-0.820.94-0.24-0.640.91-0.730.94-0.53-0.95-0.9
-0.590.87-0.66-0.83-0.63-0.66-0.71-0.65-0.650.91-0.620.23-0.44-0.58-0.32-0.681.0-0.44-0.370.88-0.560.94-0.47-0.84-0.85
0.44-0.610.550.380.460.630.520.460.72-0.640.47-0.370.140.380.180.42-0.50.140.36-0.490.46-0.53-0.470.430.5
0.91-0.790.830.930.930.880.940.930.71-0.790.86-0.10.040.910.620.93-0.850.040.68-0.890.86-0.95-0.840.430.92
0.83-0.80.740.880.850.830.880.860.71-0.860.780.050.260.840.560.89-0.860.260.56-0.990.77-0.9-0.850.50.92
Click cells to compare fundamentals

Legacy Housing Account Relationship Matchups

Legacy Housing fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets283.6M338.6M366.7M506.7M582.8M341.8M
Short Long Term Debt Total30.9M51.0M23.2M25.6M23.0M28.9M
Other Current Liab7.7M30.2M9.4M24.4M28.0M16.4M
Total Current Liabilities51.9M36.4M41.9M37.3M42.9M36.9M
Total Stockholder Equity222.4M259.2M309.4M436.7M502.2M270.4M
Other Liab7.3M6.8M7.3M8.6M9.9M8.0M
Net Tangible Assets222.4M259.2M309.4M382.1M439.4M251.8M
Property Plant And Equipment Net23.1M29.8M36.9M47.3M54.4M29.5M
Current Deferred Revenue1.6M3.6M7.7M4.1M4.8M3.7M
Net Debt29.1M35.4M7.0M24.8M22.3M22.1M
Retained Earnings50.4M88.4M138.2M259.8M298.7M313.7M
Accounts Payable5.2M10.2M4.2M4.1M3.7M4.1M
Cash1.7M768K1.0M748K673.2K936K
Non Current Assets Total230.7M283.7M274.1M398.9M458.7M263.5M
Non Currrent Assets Other251.8M3.0M234.2M351.6M404.3M424.5M
Other Assets209.6M261.0M237.2M288.1M331.4M221.7M
Long Term Debt36.2M8.0M2.5M23.7M21.3M18.7M
Cash And Short Term Investments1.7M768K1.0M748K673.2K950.6K
Net Receivables23.7M5.1M45.8M69.0M79.4M83.4M
Common Stock Shares Outstanding24.2M24.2M24.3M25.1M28.8M25.6M
Long Term Debt Total17.4M2.0M36.2M2.5M2.3M2.2M
Liabilities And Stockholders Equity283.6M338.6M366.7M506.7M582.8M333.0M
Non Current Liabilities Total9.3M43.0M15.3M32.7M29.4M25.1M
Inventory27.2M42M41.2M33.2M38.2M38.7M
Other Current Assets4.9M3.2M4.5M4.9M5.7M3.9M
Other Stockholder Equity172.0M170.8M171.1M176.9M203.5M137.0M
Total Liab61.2M79.4M57.3M70.0M63.0M51.9M
Property Plant And Equipment Gross29.8M45.1M51.0M57.8M66.4M34.0M
Total Current Assets53.0M55.0M92.5M107.9M124.1M78.3M
Non Current Liabilities Other4.2M4.3M7.6M5.3M4.7M4.6M
Short Term Debt28.9M14.9M20.7M978K1.1M1.1M
Property Plant Equipment21.0M22.6M36.9M37.1M42.7M24.8M
Net Invested Capital295.4M317.4M384.6M460.4M529.5M330.2M
Net Working Capital18.6M50.6M65.6M70.6M81.1M44.8M

Currently Active Assets on Macroaxis

When determining whether Legacy Housing Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Legacy Housing's 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 Legacy Housing Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Legacy Housing Corp Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Legacy Housing Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.
You can also try the Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.
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 Legacy Housing. If investors know Legacy 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 Legacy Housing listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
2.22
Revenue Per Share
6.744
Quarterly Revenue Growth
(0.11)
Return On Assets
0.0711
Return On Equity
0.1193
The market value of Legacy Housing Corp is measured differently than its book value, which is the value of Legacy that is recorded on the company's balance sheet. Investors also form their own opinion of Legacy Housing's value that differs from its market value or its book value, called intrinsic value, which is Legacy Housing's 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 Legacy Housing's market value can be influenced by many factors that don't directly affect Legacy Housing's 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 Legacy Housing's value and its price as these two are different measures arrived at by different means. Investors typically determine if Legacy Housing is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Legacy Housing's 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.