Why Cavco Industries, Inc. (NASDAQ:CVCO) Could Be Worth Watching
Why Cavco Industries, Inc. (NASDAQ:CVCO) Could Be Worth Watching
Cavco Industries, Inc. (NASDAQ:CVCO), might not be a large cap stock, but it received a lot of attention from a substantial price movement on the NASDAQGS over the last few months, increasing to US$399 at one point, and dropping to the lows of US$341. Some share price movements can give investors a better opportunity to enter into the stock, and potentially buy at a lower price. A question to answer is whether Cavco Industries' current trading price of US$346 reflective of the actual value of the mid-cap? Or is it currently undervalued, providing us with the opportunity to buy? Let's take a look at Cavco Industries's outlook and value based on the most recent financial data to see if there are any catalysts for a price change.
Cavco Industries公司（納斯達克股票代碼：CVCO），雖然不是大盤股，但在過去幾個月裏，其股票價格在納斯達克GS市場上出現了大幅波動，一度上漲至399美元，跌至最低341美元。有些股價波動可以給投資者更好的 opportunity 買入股票，以更低的價格。現在的問題是，Cavco Industries目前的美國346美元交易價格反映了這個中盤股實際價值嗎？還是被低估了，爲我們提供了買入的機會？我們來看看Cavco Industries的展望和價值，以此爲基礎的最新財務數據，看看是否有任何促進價格變化的催化劑。
What Is Cavco Industries Worth?
Cavco Industries的價值是多少？
According to our valuation model, Cavco Industries seems to be fairly priced at around 9.85% above our intrinsic value, which means if you buy Cavco Industries today, you'd be paying a relatively reasonable price for it. And if you believe that the stock is really worth $315.13, then there isn't really any room for the share price grow beyond what it's currently trading. Although, there may be an opportunity to buy in the future. This is because Cavco Industries's beta (a measure of share price volatility) is high, meaning its price movements will be exaggerated relative to the rest of the market. If the market is bearish, the company's shares will likely fall by more than the rest of the market, providing a prime buying opportunity.
根據我們的評估模型，Cavco Industries似乎在我們的內在價值上略爲高估，約爲9.85％，這意味着如果您今天購買Cavco Industries，您將爲此付出相對合理的價格。如果您相信該股票的真正價值爲315.13美元，那麼當前股價的上漲空間實際上並不大。雖然未來可能會有買入機會。這是因爲Cavco Industries的beta（股價波動的測量）很高，這意味着其價格波動將與市場其他部分相對誇張。如果市場看淡，該公司的股價可能會下跌得比整個市場還要多，從而提供了一個向看漲的市場購買的主要機會。
What does the future of Cavco Industries look like?
Cavco Industries的未來展望如何？
Investors looking for growth in their portfolio may want to consider the prospects of a company before buying its shares. Although value investors would argue that it's the intrinsic value relative to the price that matter the most, a more compelling investment thesis would be high growth potential at a cheap price. With profit expected to grow by 20% over the next couple of years, the future seems bright for Cavco Industries. It looks like higher cash flow is on the cards for the stock, which should feed into a higher share valuation.
對於希望在投資組合中尋找增長的投資者來說，在購買公司股票之前可能要考慮其前景。儘管價值投資者會認爲內在價值與價格最爲重要，但更具吸引力的投資論點可能是高增長潛力以低廉的價格購入。在未來幾年預計利潤增長20％，Cavco Industries的前景似乎越來越好。這樣看來，該股票的現金流預計會增加，從而提高股票的估值。
What This Means For You
這對您意味着什麼？
Are you a shareholder? CVCO's optimistic future growth appears to have been factored into the current share price, with shares trading around its fair value. However, there are also other important factors which we haven't considered today, such as the track record of its management team. Have these factors changed since the last time you looked at the stock? Will you have enough conviction to buy should the price fluctuates below the true value?
您是股東嗎？CVCO樂觀的未來增長似乎已反映在當前的股票價格中，其股票已在公允價值範圍內交易。然而，還有其他重要因素今天我們沒有考慮，例如管理團隊的記錄。這些因素自上次您查看該股票以來是否有所變化？如果股價波動低於真實價值，您是否有足夠的信心進行購買？
Are you a potential investor? If you've been keeping tabs on CVCO, now may not be the most advantageous time to buy, given it is trading around its fair value. However, the positive outlook is encouraging for the company, which means it's worth further examining other factors such as the strength of its balance sheet, in order to take advantage of the next price drop.
您是潛在投資者嗎？如果您一直在關注CVCO，那麼現在可能不是最有利的購買時期，因爲它正在公允價值範圍內交易。然而，公司的積極前景爲股票帶來了誘人的收益，這意味着值得進一步研究其他因素，例如其資產負債表的強度，以便利用下一次的股價下跌。
It can be quite valuable to consider what analysts expect for Cavco Industries from their most recent forecasts. Luckily, you can check out what analysts are forecasting by clicking here.
考慮到分析師對Cavco Industries的最新預測，這可能非常有價值。幸運的是，您可以單擊此處查看分析師的預測。
If you are no longer interested in Cavco Industries, you can use our free platform to see our list of over 50 other stocks with a high growth potential.
如果你不再對卡寇工業感興趣，你可以使用我們的免費平台查看我們超過50種其他高成長潛力的股票清單。
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.
This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
對本文有反饋？關於內容有所顧慮？直接和我們聯繫。或者，發送電子郵件至editorial-team (at) simplywallst.com。
這篇文章是Simply Wall St的一般性文章。我們根據歷史數據和分析師預測提供評論，只使用公正的方法論，我們的文章並不意味着提供任何金融建議。文章不構成買賣任何股票的建議，也不考慮您的目標或您的財務狀況。我們的目標是帶給您基本數據驅動的長期關注分析。請注意，我們的分析可能不考慮最新的價格敏感公司公告或定性材料。Simply Wall St沒有任何股票頭寸。
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com
對本文有反饋？關於內容有所顧慮？直接和我們聯繫。或者發送電子郵件至editorial-team@simplywallst.com。
譯文內容由第三人軟體翻譯。