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SKY

Skyline ChampionNYSE:SKY Stock Report

Last Price

US$58.74

Market Cap

US$3.3b

7D

-13.9%

1Y

67.5%

Updated

23 Jan, 2022

Data

Company Financials +
SKY fundamental analysis
Snowflake Score
Valuation2/6
Future Growth3/6
Past Performance6/6
Financial Health6/6
Dividends0/6

SKY Stock Overview

Skyline Champion Corporation operates as a factory-built housing company in North America.

Skyline Champion Competitors

Meritage Homes

NYSE:MTH

US$3.7b

M.D.C. Holdings

NYSE:MDC

US$3.4b

LGI Homes

NasdaqGS:LGIH

US$2.9b

Tri Pointe Homes

NYSE:TPH

US$2.7b

Price History & Performance

Summary of all time highs, changes and price drops for Skyline Champion
Historical stock prices
Current Share PriceUS$58.74
52 Week HighUS$85.92
52 Week LowUS$31.72
Beta1.9
1 Month Change-22.92%
3 Month Change-7.83%
1 Year Change67.49%
3 Year Change262.59%
5 Year Changen/a
Change since IPO78.00%

Recent News & Updates

Jan 04

Skyline Champion: A Risky Way To Play Housing

Skyline Champion has done well to grow its business in recent years, with particularly strong growth occurring this year. If growth in the market continues, the company could be a solid prospect, but it is more expensive than many of its peers. Add in the downside risk if the market should slow down and it's just not a prime prospect to consider at this time.

Dec 31
A Look At The Intrinsic Value Of Skyline Champion Corporation (NYSE:SKY)

A Look At The Intrinsic Value Of Skyline Champion Corporation (NYSE:SKY)

How far off is Skyline Champion Corporation ( NYSE:SKY ) from its intrinsic value? Using the most recent financial...

Dec 19
We Think Skyline Champion (NYSE:SKY) Might Have The DNA Of A Multi-Bagger

We Think Skyline Champion (NYSE:SKY) Might Have The DNA Of A Multi-Bagger

If you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...

Nov 22
Is It Too Late To Consider Buying Skyline Champion Corporation (NYSE:SKY)?

Is It Too Late To Consider Buying Skyline Champion Corporation (NYSE:SKY)?

While Skyline Champion Corporation ( NYSE:SKY ) might not be the most widely known stock at the moment, it saw a...

Shareholder Returns

SKYUS Consumer DurablesUS Market
7D-13.9%-9.9%-6.1%
1Y67.5%2.8%4.2%

Return vs Industry: SKY exceeded the US Consumer Durables industry which returned 2.8% over the past year.

Return vs Market: SKY exceeded the US Market which returned 4.2% over the past year.

Price Volatility

Is SKY's price volatile compared to industry and market?
SKY volatility
SKY Average Weekly Movement6.8%
Consumer Durables Industry Average Movement6.6%
Market Average Movement6.7%
10% most volatile stocks in US Market15.5%
10% least volatile stocks in US Market2.4%

Stable Share Price: SKY is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 7% a week.

Volatility Over Time: SKY's weekly volatility (7%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
20107,700Mark Yosthttps://ir.skylinechampion.com

Skyline Champion Corporation operates as a factory-built housing company in North America. The company offers manufactured and modular homes, park models RVs, accessory dwelling units, and modular buildings for the multi-family, hospitality, and senior and workforce housing sectors. It builds homes under the brand names of Skyline Homes, Champion Home Builders, Genesis Homes, Athens Park Models, Dutch Housing, Excel Homes, Homes of Merit, New Era, Redman Homes, ScotBilt Homes, Shore Park, Silvercrest, and Titan Homes in the United Statesp; and Moduline and SRI Homes in western Canada.

Skyline Champion Fundamentals Summary

How do Skyline Champion's earnings and revenue compare to its market cap?
SKY fundamental statistics
Market CapUS$3.34b
Earnings (TTM)US$149.09m
Revenue (TTM)US$1.86b

22.4x

P/E Ratio

1.8x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
SKY income statement (TTM)
RevenueUS$1.86b
Cost of RevenueUS$1.45b
Gross ProfitUS$411.76m
ExpensesUS$262.67m
EarningsUS$149.09m

Last Reported Earnings

Oct 02, 2021

Next Earnings Date

Feb 02, 2022

Earnings per share (EPS)2.62
Gross Margin22.14%
Net Profit Margin8.02%
Debt/Equity Ratio6.5%

How did SKY perform over the long term?

See historical performance and comparison

Valuation

Is Skyline Champion undervalued compared to its fair value and its price relative to the market?

24.1%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: SKY ($58.74) is trading below our estimate of fair value ($77.37)

Significantly Below Fair Value: SKY is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: SKY is poor value based on its PE Ratio (22.4x) compared to the US Consumer Durables industry average (8.7x).

PE vs Market: SKY is poor value based on its PE Ratio (22.4x) compared to the US market (16.5x).


Price to Earnings Growth Ratio

PEG Ratio: SKY is poor value based on its PEG Ratio (1.8x)


Price to Book Ratio

PB vs Industry: SKY is overvalued based on its PB Ratio (5x) compared to the US Consumer Durables industry average (1.8x).


Future Growth

How is Skyline Champion forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?

12.1%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: SKY's forecast earnings growth (12.1% per year) is above the savings rate (2%).

Earnings vs Market: SKY's earnings (12.1% per year) are forecast to grow slower than the US market (13% per year).

High Growth Earnings: SKY's earnings are forecast to grow, but not significantly.

Revenue vs Market: SKY's revenue (9.5% per year) is forecast to grow faster than the US market (9.1% per year).

High Growth Revenue: SKY's revenue (9.5% 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 high in 3 years time (20.1%)


Past Performance

How has Skyline Champion performed over the past 5 years?

45.0%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: SKY has high quality earnings.

Growing Profit Margin: SKY's current net profit margins (8%) are higher than last year (4.2%).


Past Earnings Growth Analysis

Earnings Trend: SKY's earnings have grown significantly by 45% per year over the past 5 years.

Accelerating Growth: SKY's earnings growth over the past year (183%) exceeds its 5-year average (45% per year).

Earnings vs Industry: SKY earnings growth over the past year (183%) exceeded the Consumer Durables industry 74.2%.


Return on Equity

High ROE: SKY's Return on Equity (22.5%) is considered high.


Financial Health

How is Skyline Champion's financial position?


Financial Position Analysis

Short Term Liabilities: SKY's short term assets ($583.4M) exceed its short term liabilities ($289.3M).

Long Term Liabilities: SKY's short term assets ($583.4M) exceed its long term liabilities ($58.1M).


Debt to Equity History and Analysis

Debt Level: SKY has more cash than its total debt.

Reducing Debt: SKY's debt to equity ratio has reduced from 65.9% to 6.5% over the past 5 years.

Debt Coverage: SKY's debt is well covered by operating cash flow (413.5%).

Interest Coverage: SKY's interest payments on its debt are well covered by EBIT (68x coverage).


Balance Sheet


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?

2.5yrs

Average management tenure


CEO

Mark Yost (49 yo)

2.58yrs

Tenure

US$2,635,562

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 ($USD2.64M) is below average for companies of similar size in the US market ($USD5.29M).

Compensation vs Earnings: Mark's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: SKY's management team is considered experienced (2.5 years average tenure).


Board Members

Experienced Board: SKY's board of directors are considered experienced (3.6 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: SKY insiders have only sold shares 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 employee growth, exchange listings and data sources


Key Information

  • Name: Skyline Champion Corporation
  • Ticker: SKY
  • Exchange: NYSE
  • Founded: 2010
  • Industry: Homebuilding
  • Sector: Consumer Durables
  • Implied Market Cap: US$3.336b
  • Shares outstanding: 56.80m
  • Website: https://ir.skylinechampion.com

Number of Employees


Location

  • Skyline Champion Corporation
  • 755 West Big Beaver Road
  • Suite 1000
  • Troy
  • Michigan
  • 48084
  • United States

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/01/23 23:23
End of Day Share Price2022/01/21 00:00
Earnings2021/10/02
Annual Earnings2021/04/03


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.