Legacy Housing Corp Stock Return On Equity
| LEGH Stock | USD 25.74 0.37 1.42% |
Legacy Housing Corp fundamentals help investors to digest information that contributes to Legacy Housing's financial success or failures. It also enables traders to predict the movement of Legacy Stock. The fundamental analysis module provides a way to measure Legacy Housing's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Legacy Housing stock.
| Last Reported | Projected for Next Year | ||
| Return On Equity | 0.12 | 0.17 |
Legacy | Return On Equity |
Legacy Housing Corp Company Return On Equity Analysis
Legacy Housing's Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Current Legacy Housing Return On Equity | 0.13 |
Most of Legacy Housing's fundamental indicators, such as Return On Equity, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Legacy Housing Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Legacy Return On Equity Driver Correlations
Understanding the fundamental principles of building solid financial models for Legacy Housing is extremely important. It helps to project a fair market value of Legacy Stock properly, considering its historical fundamentals such as Return On Equity. Since Legacy Housing's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Legacy Housing's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Legacy Housing's interrelated accounts and indicators.
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Legacy Return On Equity Historical Pattern
Today, most investors in Legacy Housing Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Legacy Housing's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's return on equity growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Legacy Housing return on equity as a starting point in their analysis.
Legacy Housing Return On Equity |
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For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
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Legacy Total Stockholder Equity
Total Stockholder Equity |
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Based on the latest financial disclosure, Legacy Housing Corp has a Return On Equity of 0.1325. This is 96.32% lower than that of the Household Durables sector and 97.65% lower than that of the Consumer Discretionary industry. The return on equity for all United States stocks is 142.74% lower than that of the firm.
Legacy Return On Equity Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Legacy Housing's direct or indirect competition against its Return On Equity to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Legacy Housing could also be used in its relative valuation, which is a method of valuing Legacy Housing by comparing valuation metrics of similar companies.Legacy Housing is currently under evaluation in return on equity category among its peers.
Legacy Housing Current Valuation Drivers
We derive many important indicators used in calculating different scores of Legacy Housing from analyzing Legacy Housing's financial statements. These drivers represent accounts that assess Legacy Housing's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Legacy Housing's important valuation drivers and their relationship over time.
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
| Market Cap | 366.1M | 640.7M | 461.8M | 615.0M | 597.7M | 380.3M | |
| Enterprise Value | 401.5M | 647.6M | 464.3M | 639.8M | 597.9M | 393.4M |
Legacy Housing ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Legacy Housing's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Legacy Housing's managers, analysts, and investors.Environmental | Governance | Social |
Legacy Fundamentals
| Return On Equity | 0.13 | ||||
| Return On Asset | 0.0764 | ||||
| Profit Margin | 0.33 % | ||||
| Operating Margin | 0.29 % | ||||
| Current Valuation | 630.26 M | ||||
| Shares Outstanding | 24.13 M | ||||
| Shares Owned By Insiders | 64.77 % | ||||
| Shares Owned By Institutions | 38.20 % | ||||
| Number Of Shares Shorted | 462.75 K | ||||
| Price To Earning | 11.45 X | ||||
| Price To Book | 1.28 X | ||||
| Price To Sales | 3.42 X | ||||
| Revenue | 184.19 M | ||||
| Gross Profit | 85.9 M | ||||
| EBITDA | 78.63 M | ||||
| Net Income | 61.64 M | ||||
| Cash And Equivalents | 14.27 M | ||||
| Cash Per Share | 0.58 X | ||||
| Total Debt | 1.4 M | ||||
| Debt To Equity | 0.04 % | ||||
| Current Ratio | 2.67 X | ||||
| Book Value Per Share | 20.45 X | ||||
| Cash Flow From Operations | 35.99 M | ||||
| Short Ratio | 4.62 X | ||||
| Earnings Per Share | 2.48 X | ||||
| Target Price | 33.5 | ||||
| Number Of Employees | 594 | ||||
| Beta | 1.16 | ||||
| Market Capitalization | 630.02 M | ||||
| Total Asset | 534.19 M | ||||
| Retained Earnings | 321.4 M | ||||
| Working Capital | 91.56 M | ||||
| Current Asset | 60.34 M | ||||
| Current Liabilities | 19.98 M | ||||
| Net Asset | 534.19 M |
About Legacy Housing Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Legacy Housing Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Legacy Housing using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Legacy Housing Corp based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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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 Legacy Housing Piotroski F Score and Legacy Housing Altman Z Score analysis. You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
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.
Quarterly Earnings Growth 1.08 | Earnings Share 2.48 | Revenue Per Share | Quarterly Revenue Growth 0.607 | Return On Assets |
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.