Legacy Housing Corp. (LEGH) intrinsic value & 10-year financials
Legacy Housing Corp. (LEGH) has a Graham intrinsic value of $34.35 per share. At $27.39 on Oct 17, 2026, the stock trades 20% below that value. Over the last 9 fiscal years revenue shrank 2.5% a year to $116.9M, with an average return on invested capital of 13.6%.
- Graham intrinsic value
- $34.35
- Share price (Oct 17, 2026)
- $27.39
- Price vs Graham value
- 20% below
- Market cap
- $656.9M
- Revenue (FY2025)
- $116.9M
- Revenue growth (9-yr CAGR)
- -2.5%
- ROIC (10-yr avg)
- 13.6%
- Free cash flow (FY2025)
- $28.2M
LEGH 10-year financial history
| Fiscal year | Revenue | Net income | EPS (diluted) | Free cash flow | Operating margin | ROIC |
|---|---|---|---|---|---|---|
| FY2025 | $116.9M | $41.8M | $1.74 | $28.2M | 41.4% | 7.7% |
| FY2024 | $129.3M | $61.6M | $2.48 | $26.8M | 49.2% | 11.1% |
| FY2023 | $145.1M | $54.5M | $2.17 | -$21.2M | 44.5% | 12.5% |
| FY2022 | $222.1M | $67.8M | $2.74 | -$5.5M | 35.1% | 16.9% |
| FY2021 | $166.0M | $49.9M | $2.05 | $54.3M | 35.5% | 17.0% |
| FY2020 | $148.0M | $38.0M | $1.57 | -$4.9M | 32.2% | 15.4% |
| FY2019 | $143.2M | $28.8M | $1.18 | -$8.4M | 26.4% | 15.5% |
| FY2018 | $139.2M | $21.5M | $1.07 | -$3.3M | 23.6% | 12.3% |
| FY2017 | — | — | — | — | — | — |
Source: annual 10-K filings on SEC EDGAR. Figures in USD.
Executive summary
Legacy Housing Corp revenue growth over the past decade is N/A; insufficient history prevents a reliable 10-year CAGR calculation.
Legacy Housing Corp returns on capital have been average, hovering around 12.7% ROIC over the decade.
Legacy Housing Corp capital allocation metrics are N/A for the decade; share count and net debt history are incomplete.
Benjamin Graham lens
Under Benjamin Graham's formula using SEC EDGAR fundamentals, Legacy Housing Corp is modeled at 7.2% normalized earnings growth with a 5.1% bond-yield adjustment. The resulting Graham intrinsic value estimate is $34.35 per share.