Legacy Housing Corporation

Legacy Housing Corporation

LEGHยทNASDAQ

$23.22

-3.5%
Consumer CyclicalResidential Construction

Legacy Housing Corporation builds, sells, and finances manufactured homes and tiny houses primarily in the southern United States. The company manufactures and provides for the transport of mobile homes; and offers wholesale financing to dealers and mobile home parks, as well as a range of homes, including 1 to 5 bedrooms with 1 to 3 1/2 bathrooms. It also provides floor plan financing for independent retailers; consumer financing for its products; and financing to manufactured housing community owners that buy its products for use in their rental housing communities. In addition, it involved in financing and developing new manufactured home communities; and retail financing to consumers. The company markets its homes under the Legacy brand through a network of 176 independent and 13 company-owned retail locations, as well as direct sales to owners of manufactured home communities in 15 states in the United States. Legacy Housing Corporation was founded in 2005 and is headquartered in Bedford, Texas.

At a Glance

Live Snapshot
Market Cap$552.21M
EPS1.7400
P/E Ratio13.34
Earnings Date08/06/2026
Legacy Housing Corporation

Legacy Housing Corporation Fair Value Envelope

LEGH ยท NASDAQ

Our analysis suggests that LEGH has a fair value of HIDDEN per share in the Base Case projection. With shares currently trading at $23.22, this represents a potential HIDDEN relative to our calculated worth for Legacy Housing Corporation.

Intrinsic Value
Current Price: $23.22

Owner Earnings Valuation Tool

Warren Buffett's Owner Earnings DCF analysis for intrinsic value calculation

Historical Financial Data

Base year metrics used for projections

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Projection Settings

Forecast period and terminal assumptions

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DCF Valuation Summary

Calculation flow from present value to intrinsic value per share

Present Value$764.0M
+ Cash & Equivalents$8.5M
Firm Value$772.5M
- Debt$2.5M
Equity Value$769.9M
/ Shares Outstanding23,868,727B
DCF Value$32
UNDERVALUED BY 39%

Owner Earnings Projections

Operating Cash Flow - Maintenance CapEx = Owner Earnings

Metric
Year 1
Year 2
Year 3
Year 4
Year 5
Year 6
Year 7
Year 8
Year 9
Year 10
Operating Cash Flow
$39.1M
$41.1M
$43.2M
$45.4M
$47.7M
$50.1M
$52.7M
$55.4M
$58.2M
$61.2M
Maintenance CapEx
-$1.9M
-$2.0M
-$2.1M
-$2.2M
-$2.3M
-$2.4M
-$2.6M
-$2.7M
-$2.8M
-$3.0M
Owner Earnings
$37.2M
$39.1M
$41.1M
$43.2M
$45.4M
$47.7M
$50.1M
$52.7M
$55.4M
$58.2M
Discount Factor
0.926
0.857
0.794
0.735
0.681
0.630
0.583
0.540
0.500
0.463
Present Value
$34.4M
$33.5M
$32.6M
$31.7M
$30.9M
$30.1M
$29.2M
$28.5M
$27.7M
$27.0M
Terminal Value represents 60.0% of Enterprise Value