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STOCK COMPARISON

Cavco Industries vs DR Horton: Fair Value & Quality

Both stocks run through our valuation models. Here is how Cavco Industries (CVCO) and DR Horton (DHI) compare, as of Sep 5, 2026.

As of Sep 5, 2026, Fair Value Calculator sees DR Horton as the more attractively valued of the two: Cavco Industries trades at $561 versus a fair value of $421 (-25%), while DR Horton trades at $144 versus $213 (+48%).
Cavco Industries
CVCO · USD · Consumer Discretionary
-25%
upside to fair value
overvalued
Price$561
Fair Value$421
Quality78/100
DR Horton
DHI · USD · Consumer Discretionary
+48%
upside to fair value
undervalued
Price$144
Fair Value$213
Quality65/100
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Head-to-head numbers

Green value = the better side for that row (for valuation multiples: lower = cheaper).

Cavco IndustriesDR Horton
Valuation
23.5×P/E (TTM)13.8×
1.93×P/S (TTM)1.27×
3.93×P/B1.75×
16.2×EV/EBITDA10.6×
45.77×PEG1.25×
−24.9%Fair value upside+47.7%
0.1%Dividend yield1.2%
Dividend per share$1.70
Profitability
9%Operating margin11%
1.28×EBIT margin trend (5Y)0.89×
18%Return on equity13%
10%Return on assets7%
Growth
8%Revenue growth (YoY)-2%
1.6%Avg. growth/yr (3Y)0.8%
15.2%Avg. growth/yr (5Y)11.0%
+23.9%Value creation/yr+14.3%
Balance & size
422.5×Interest coverage (EBIT/interest)32.8×
0.01×Debt / equity0.25×
$4BMarket cap$42B
healthyGrowth qualitymixed

Even match: 8 to 8 metric wins.

Dash = not meaningfully computable, for example with negative equity.

Quality in detail

The quality score, broken down into the same factor families as on the stock page, 0 to 100 per family.

Cavco Industriesof which business quality 77 · market factors 42 DR Hortonof which business quality 65 · market factors 34
ProfitabilityMargins and returns on capital today
69
57
Quality GrowthAre margins and returns improving?
61
18
CashflowEarnings quality: real cash, not paper profit
62
55
Fin. StrengthBalance sheet, leverage, solvency risk
91
83
InvestmentDisciplined investing over empire-building
86
80
Low VolatilityCalm price path (market factor)
34
44
MomentumPrice trend over the last 3–12 months (market factor)
45
34
52W MomentumDistance to the 52-week high (market factor)
45
23
Net IssuanceBuybacks instead of dilution
100
100

What the models say

How far the median fair value (base case) per model family sits from the current price, in percent. The amount in the currency of the trading venue is shown underneath.

above the price, more than 15% above close to the price, 85% to 115% of the price below the price, more than 15% below

Model familyCavco IndustriesPrice $561DR HortonPrice $144
DCF Models+6%close to the price$593+89%above the price$273
Earnings-Based-38%below the price$348+25%above the price$181
Dividend Discount-99%below the price$7.85-79%below the price$30.70
Multiples-25%below the price$422+37%above the price$198
Asset-Based-83%below the price$95.90-60%below the price$57.15
Growth DCF+11%close to the price$623+64%above the price$237
Economic Profit-49%below the price$287-6%close to the price$136
Growth Earnings-6%close to the price$530+89%above the price$273
Minimum-99%below the price$7.85-79%below the price$30.70
Maximum+11%close to the price$623+89%above the price$273
Median-31%below the price$385+31%above the price$189
Geometric mean-60%below the price$223-3%close to the price$140

Minimum, maximum, median and geometric mean refer to the family values in this table. Geometric because deviations are ratios: half the price and twice the price average to 100%, not 125%.

Cavco Industries: 16 of 26 models see the stock below the current price.

DR Horton: 6 of 26 models see the stock below the current price.

Scenario ranges

From our cautious bear case to the optimistic bull case. The white tick is the current price: left of fair value means room to run.

Cavco Industries
Bear $323Fair Value $421Bull $689
$561 = current price (white tick)
DR Horton
Bear $128Fair Value $213Bull $277
$144 = current price (white tick)

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Ranked within their sector

Where each stock sits within its sector peer group. Band = middle 50% of peers, tick = median, dot = this stock.

Cavco Industries · Consumer Discretionary

Quality score78 · Top 25%
Fair value upside-25% · below median

DR Horton · Consumer Discretionary

Quality score65 · Top 25%
Fair value upside+48% · Top 25%

Bottom line

As of Sep 5, 2026, Fair Value Calculator sees DR Horton as the more attractively valued of the two: Cavco Industries trades at $561 versus a fair value of $421 (-25%), while DR Horton trades at $144 versus $213 (+48%).

Cavco Industries has the higher quality score (78/100).

See the full analysis →

More comparisons

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A model-based valuation snapshot from 26 models. Values change with price and fundamentals; the date shown above applies.