Skyline Champion
Market Cap
US$1.5b
Last Updated
2020/10/24 00:54 UTC
Data Sources
Company Financials +
Executive Summary
Skyline Champion Corporation operates as a factory-built housing company in North America. More Details
Rewards
Risk Analysis
No risks detected for SKY from our risk checks.
Snowflake Analysis
Excellent balance sheet with acceptable track record.
Similar Companies
Share Price & News
How has Skyline Champion's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: SKY has not had significant price volatility in the past 3 months.
Market Performance
7 Day Return
-0.2%
SKY
-4.2%
US Consumer Durables
-0.4%
US Market
1 Year Return
-11.9%
SKY
16.5%
US Consumer Durables
18.3%
US Market
Return vs Industry: SKY underperformed the US Consumer Durables industry which returned 16.5% over the past year.
Return vs Market: SKY underperformed the US Market which returned 18.3% over the past year.
Shareholder returns
| SKY | Industry | Market | |
|---|---|---|---|
| 7 Day | -0.2% | -4.2% | -0.4% |
| 30 Day | 0.3% | 6.2% | 8.0% |
| 90 Day | 3.5% | 15.2% | 9.4% |
| 1 Year | -11.9%-11.9% | 18.0%16.5% | 21.0%18.3% |
| 3 Year | n/a | 18.0%13.2% | 42.1%32.7% |
| 5 Year | n/a | 50.2%40.7% | 85.6%64.7% |
Price Volatility Vs. Market
How volatile is Skyline Champion's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall St
Does Skyline Champion (NYSE:SKY) Have A Healthy Balance Sheet?1 month ago | Simply Wall St
We're Watching These Trends At Skyline Champion (NYSE:SKY)Valuation
Is Skyline Champion undervalued compared to its fair value and its price relative to the market?
29.14x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: SKY ($27.09) is trading above our estimate of fair value ($18.11)
Significantly Below Fair Value: SKY is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: SKY is poor value based on its PE Ratio (29.1x) compared to the US Consumer Durables industry average (14.1x).
PE vs Market: SKY is poor value based on its PE Ratio (29.1x) compared to the US market (19.2x).
Price to Earnings Growth Ratio
PEG Ratio: SKY is poor value based on its PEG Ratio (1.5x)
Price to Book Ratio
PB vs Industry: SKY is overvalued based on its PB Ratio (3.1x) compared to the US Consumer Durables industry average (1.6x).
Next Steps
Future Growth
How is Skyline Champion forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?
19.1%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: SKY's forecast earnings growth (19.1% per year) is above the savings rate (2.2%).
Earnings vs Market: SKY's earnings (19.1% per year) are forecast to grow slower than the US market (22.1% per year).
High Growth Earnings: SKY's earnings are forecast to grow, but not significantly.
Revenue vs Market: SKY's revenue (6.2% per year) is forecast to grow slower than the US market (9.9% per year).
High Growth Revenue: SKY's revenue (6.2% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: SKY's Return on Equity is forecast to be low in 3 years time (13%).
Next Steps
Past Performance
How has Skyline Champion performed over the past 5 years?
8.7%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: SKY has high quality earnings.
Growing Profit Margin: SKY became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: SKY has become profitable over the past 5 years, growing earnings by 8.7% per year.
Accelerating Growth: SKY has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: SKY has become profitable in the last year, making it difficult to compare its past year earnings growth to the Consumer Durables industry (20.9%).
Return on Equity
High ROE: SKY's Return on Equity (10.8%) is considered low.
Next Steps
Financial Health
How is Skyline Champion's financial position?
Financial Position Analysis
Short Term Liabilities: SKY's short term assets ($411.8M) exceed its short term liabilities ($177.6M).
Long Term Liabilities: SKY's short term assets ($411.8M) exceed its long term liabilities ($123.4M).
Debt to Equity History and Analysis
Debt Level: SKY's debt to equity ratio (21.8%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if SKY's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: SKY's debt is well covered by operating cash flow (77%).
Interest Coverage: SKY's interest payments on its debt are well covered by EBIT (38.4x coverage).
Balance Sheet
Next Steps
Dividend
What is Skyline Champion current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate SKY's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate SKY's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if SKY's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if SKY's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of SKY's dividend in 3 years as they are not forecast to pay a notable one for the US market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
1.3yrs
Average management tenure
CEO
Mark Yost (48 yo)
1.33yrs
Tenure
US$3,667,094
Compensation
Mr. Mark J. Yost had been the President and Chief Executive Officer of Skyline Corporation since June 1, 2019 and served as its Executive Vice President from June 4, 2018 to June 1, 2019 and served as its ...
CEO Compensation Analysis
Compensation vs Market: Mark's total compensation ($USD3.67M) is about average for companies of similar size in the US market ($USD4.43M).
Compensation vs Earnings: Insufficient data to compare Mark's compensation with company performance.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 1.33yrs | US$3.67m | 0.70% $ 10.7m | |
| Executive VP | 2.33yrs | US$1.73m | 0.20% $ 3.0m | |
| Executive Vice President of Operations | 1.25yrs | US$1.16m | 0.055% $ 836.9k | |
| Senior VP | 1.25yrs | US$1.04m | 0.0045% $ 68.5k | |
| Executive Vice President of Sales & Business Development | 1.25yrs | US$1.16m | 0.064% $ 975.2k | |
| Director of Investor Relations | no data | no data | no data | |
| VP & Controller | 2.33yrs | no data | 0.057% $ 871.2k |
1.3yrs
Average Tenure
49yo
Average Age
Experienced Management: SKY's management team is not considered experienced ( 1.3 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 1.33yrs | US$3.67m | 0.70% $ 10.7m | |
| Independent Director | 14.75yrs | US$189.97k | 0.030% $ 465.0k | |
| Independent Chairman of the Board | 2.33yrs | US$232.47k | 0.10% $ 1.6m | |
| Independent Director | 1.92yrs | US$190.97k | 0.012% $ 180.7k | |
| Independent Director | 2.33yrs | US$193.47k | 0.066% $ 1.0m | |
| Independent Additional Director | 1.08yrs | US$127.62k | 0% $ 0 | |
| Independent Director | 2.33yrs | no data | 0% $ 0 | |
| Independent Additional Director | 1.08yrs | US$127.62k | 0% $ 0 | |
| Director | 2.33yrs | US$779.14k | 0.90% $ 13.8m |
2.3yrs
Average Tenure
59yo
Average Age
Experienced Board: SKY's board of directors are not considered experienced ( 2.3 years average tenure), which suggests a new board.
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Skyline Champion Corporation's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Skyline Champion Corporation
- Ticker: SKY
- Exchange: NYSE
- Founded: 2010
- Industry: Homebuilding
- Sector: Consumer Durables
- Market Cap: US$1.535b
- Shares outstanding: 56.67m
- Website: https://www.skylinechampion.com
Number of Employees
Location
- Skyline Champion Corporation
- 755 West Big Beaver Road
- Suite 1000
- Troy
- Michigan
- 48084
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| SKY | NYSE (New York Stock Exchange) | Yes | Common Stock | US | USD | Jun 2018 |
Biography
Skyline Champion Corporation operates as a factory-built housing company in North America. The company offers manufactured and modular homes, as well as park-models and modular buildings for the multi-fami ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/10/24 00:54 |
| End of Day Share Price | 2020/10/23 00:00 |
| Earnings | 2020/06/27 |
| Annual Earnings | 2020/03/28 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.