Legacy Housing (LEGH) Stock Fundamentals, Analysis & Risk Signals

Health score, price, valuation, risk signals, and key metrics at a glance.

Legacy Housing

NasdaqGS•Consumer Cyclical•Residential Construction

$27.25-0.32(-0.01%)After hours

Market Cap

$668.50M

P/E

13.0x

P/S

3.7x

P/B

1.2x

Legacy Housing Corporation engages in the building, sale, and financing of manufactured homes and tiny houses primarily in the southern United States. The company manufactures and provides for the transport of mobile homes, including 1 to 5 bedrooms with 1 to 3 1/2 bathrooms; and provides wholesale financing to dealers and mobile home parks, as well as retail financing to consumers. It also provides inventory financing for its independent retailers; consumer financing for its products; and financing to manufactured housing community owners that buy or lease its products for use in their rental housing communities. The company is involved in financing and developing new manufactured home communities. It markets its homes under the Legacy brand through a network of independent retailers and company-owned stores; and directly to manufactured home communities. The company was founded in 2005 and is headquartered in Bedford, Texas.

How this company scores

AverageMetricSide Score: 59/100

Strongest: Cash & Earnings Quality (21/25); weakest: Growth (8/25).

Profitability15/25

Growth8/25

Balance Sheet & Red Flags15/25

Cash & Earnings Quality21/25

Strengths

Rising free cash flowStrong marginsInterest easily coveredConsistent free cash flow

Valuation vs. 5-year range

Today's multiple positioned against its own trailing range — a visual premium/discount check.

P/E · 13.0x5y range 5.2x – 13.6x

Currently above its 20-quarter median.

P/S · 3.7x5y range 1.4x – 4.0x

Currently above its 20-quarter median.

P/B · 1.2x5y range 0.9x – 2.0x

Watch items

Data-driven signals worth keeping an eye on across the last 8 quarters

High Risk

Earnings Quality

Red Flag

FCF consistently trails net income (avg 0.6x) — earnings may be inflated by non-cash items or aggressive accounting.

Revenue Decline

Watch

Revenue has softened, declining in 4 quarters. Watch for further erosion.

Price & Volume

Market Cap $668.50M

Metrics at a Glance

as of June 2026

Revenue & Profit

Revenue, EBITDA, operating income, net income, EPS, and shares

TTM Revenue: $179.45M
Q. Revenue: $66.35M
TTM EBITDA: $61.20M
TTM Op. Income: $58.85M
Q. Op. Income: $26.46M
TTM Net Income: $51.25M
Q. Net Income: $23.48M
EPS: $0.99
Shares Out.: $23.78M

$179.45M in TTM revenue declined 2.6% YoY, reaching $66.35M last quarter. TTM EBITDA of $61.20M and TTM operating income of $58.85M show growth is flowing through to the bottom line. TTM net income of $51.25M means revenue is converting into profit. Over the past year, TTM revenue is down 3% — an improving trend.

Margins

Gross, EBITDA, operating, and net margin trends

Gross Margin: 49.5%
EBITDA Margin: 40.9%
Op. Margin: 39.9%
Net Margin: 35.4%

Op. margin of 39.9% is up 6.4% YoY — cost efficiency is improving. Net margin at 35.4% and gross margin of 49.5% show how much of each revenue dollar survives to profit. Across the last 8 quarters, operating margin has risen for 3 consecutive quarters — an improving trend.

Price Ratios

P/E, P/S, P/B, EV/EBITDA, FCF yield, and earnings yield

P/E Ratio: 13.0x
P/S Ratio: 3.7x
P/B Ratio: 1.2x

At 13.0x P/E, the stock trades below typical market levels. P/S of 3.7x and P/B of 1.2x provide additional context. Use the growth and margin sections to judge whether the multiple is justified. Over the past year, P/E is up 32% — a weakening trend.

Assets & Liabilities

Total assets, cash, debt, book value, and leverage

Total Assets: $615.66M
Cash: $28.96M
Long-Term Debt: N/A
Book Value: $562.24M
D/E Ratio: N/A
Debt/EBITDA: 0.0

Cash Flow

Operating cash flow, free cash flow, FCF margin, and earnings quality

Op. Cash Flow: $17.45M
TTM Free Cash Flow: $38.58M
FCF Margin: 21.5%
FCF / Net Income: 0.8

TTM FCF of $38.58M on $17.45M in operating cash flow. The FCF / Net Income ratio of 0.8x means free cash flow covers net income — earnings are backed by cash. Across the last 8 quarters, free cash flow has risen for 3 consecutive quarters — an improving trend.