Legacy Housing Revenue vs. EBITDA
| LEGH Stock | USD 26.54 0.76 2.95% |
Total Revenue | First Reported 2017-12-31 | Previous Quarter 42.5 M | Current Value 44.3 M | Quarterly Volatility 8.8 M |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
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| Gross Profit Margin | 0.3 | 0.4729 |
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| Net Profit Margin | 0.17 | 0.2879 |
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| Operating Profit Margin | 0.2 | 0.3415 |
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| Pretax Profit Margin | 0.21 | 0.3634 |
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| Return On Assets | 0.096 | 0.1075 |
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| Return On Equity | 0.17 | 0.1247 |
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For Legacy Housing profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Legacy Housing to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Legacy Housing Corp utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Legacy Housing's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Legacy Housing Corp over time as well as its relative position and ranking within its peers.
Legacy |
Legacy Housing's Revenue Breakdown by Earning Segment
Check out Correlation Analysis.
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 2.25 | 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.
Legacy Housing Corp EBITDA vs. Revenue Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Legacy Housing's current stock value. Our valuation model uses many indicators to compare Legacy Housing value to that of its competitors to determine the firm's financial worth. Legacy Housing Corp is rated below average in revenue category among its peers. It also is rated below average in ebitda category among its peers totaling about 0.38 of EBITDA per Revenue. The ratio of Revenue to EBITDA for Legacy Housing Corp is roughly 2.65 . As of now, Legacy Housing's Total Revenue is increasing as compared to previous years. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Legacy Housing's earnings, one of the primary drivers of an investment's value.Legacy Revenue vs. Competition
Legacy Housing Corp is rated below average in revenue category among its peers. Market size based on revenue of Consumer Discretionary industry is now estimated at about 36.45 Billion. Legacy Housing maintains roughly 189.14 Million in revenue contributing less than 1% to stocks in Consumer Discretionary industry.
Legacy EBITDA vs. Revenue
Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.
Legacy Housing |
| = | 189.14 M |
Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include products or services discounts, promotions, as well as early payments on invoices or services rendered in advance.
EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a measure of a company operating cash flow based on data from the company income statement and is a very good way to compare companies within industries or across different sectors. However, unlike Operating Cash Flow, EBITDA does not include the effects of changes in working capital.
Legacy Housing |
| = | 71.39 M |
In a nutshell, EBITDA is calculated by adding back each of the excluded items to the post-tax profit, and can be used to compare companies with very different capital structures.
Legacy EBITDA Comparison
Legacy Housing is currently under evaluation in ebitda category among its peers.
Legacy Housing Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Legacy Housing, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Legacy Housing will eventually generate negative long term returns. The profitability progress is the general direction of Legacy Housing's change in net profit over the period of time. It can combine multiple indicators of Legacy Housing, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
| Last Reported | Projected for Next Year | ||
| Net Interest Income | 2.2 M | 2.3 M | |
| Interest Income | 2.8 M | 3 M | |
| Operating Income | 64.6 M | 50.4 M | |
| Net Income From Continuing Ops | 67.1 M | 43.6 M | |
| Income Before Tax | 68.7 M | 51.2 M | |
| Total Other Income Expense Net | 4.1 M | 4.4 M | |
| Net Income Applicable To Common Shares | 77.9 M | 39.2 M | |
| Net Income | 54.5 M | 41.8 M | |
| Income Tax Expense | 14.3 M | 9.4 M | |
| Non Operating Income Net Other | 5.2 M | 3.7 M | |
| Change To Netincome | 5.6 M | 5.9 M | |
| Net Income Per Share | 2.23 | 1.29 | |
| Income Quality | (0.25) | (0.24) | |
| Net Income Per E B T | 0.79 | 0.91 |
Legacy Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Legacy Housing. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Legacy Housing position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Legacy Housing's important profitability drivers and their relationship over time.
Use Legacy Housing in pair-trading
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 Legacy Housing 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 Legacy Housing will appreciate offsetting losses from the drop in the long position's value.Legacy Housing Pair Trading
Legacy Housing Corp Pair Trading Analysis
The ability to find closely correlated positions to Legacy Housing could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Legacy Housing 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 Legacy Housing - 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 Legacy Housing Corp to buy it.
The correlation of Legacy Housing 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 Legacy Housing moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Legacy Housing Corp 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 Legacy Housing 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.Use Investing Themes to Complement your Legacy Housing position
In addition to having Legacy Housing in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Check out Correlation Analysis. You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
To fully project Legacy Housing's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Legacy Housing Corp at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Legacy Housing's income statement, its balance sheet, and the statement of cash flows.