Legacy Housing Corporation (LEGH) Key Metrics
LEGH valuation today
Trailing 12 months · as of October 18, 2026- Market cap
- $651.4M
- Enterprise value
- $660.7M
- P/E (TTM)
- 12.7 10-yr median 11.2
- Forward P/E
- 12.3
- PEG ratio
- 0.61
- Price / sales
- 3.6 10-yr median 2.6
- Price / book
- 1.2 10-yr median 1.4
- EV / EBITDA
- 10.5 10-yr median 8.4
- Dividend yield
- —
- Beta
- 0.75
LEGH key metrics, 2016–2025
Fiscal year ended December 31, 2025 · U.S. dollarsLEGH valuation Price multiples at each fiscal year-end price.
LEGH returns How much profit the business earns on the capital it uses.
LEGH per-share figures Results divided by the shares outstanding at year-end.
LEGH financial health Debt, liquidity and how easily interest is covered.
LEGH efficiency & capital use Working capital cycle and where the cash goes.
LEGH valuation history
LEGH returns on capital
Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.
LEGH debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease liabilities.
LEGH cash returned to shareholders
LEGH price vs earnings per share
LEGH key metrics
2016–2025| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Valuation | ||||||||||
| Market capitalization | $468.1M | $612.3M | $632.3M | $460.3M | $640.8M | $366.2M | $406.6M | $241.0M | — | — |
| Enterprise value | $462.2M | $612.6M | $657.1M | $482.5M | $647.8M | $416.5M | $435.8M | $256.0M | — | — |
| P/E ratio | 11.2 | 9.9 | 11.6 | 6.8 | 12.8 | 9.6 | 14.1 | 11.2 | — | — |
| Price / sales | 2.8 | 3.3 | 3.3 | 1.8 | 3.2 | 2.1 | 2.4 | 1.5 | — | — |
| Price / book | 0.9 | 1.2 | 1.4 | 1.5 | 2.1 | 1.4 | 1.8 | 1.3 | — | — |
| Price / free cash flow | 16.6 | 22.9 | — | — | 11.8 | — | — | — | — | — |
| Price / operating cash flow | 12.6 | 17.0 | — | — | 10.6 | — | — | 85.4 | — | — |
| EV / sales | 2.8 | 3.3 | 3.5 | 1.9 | 3.3 | 2.4 | 2.6 | 1.6 | — | — |
| EV / EBITDA | 8.6 | 7.8 | 9.2 | 5.7 | 10.3 | 8.2 | 11.1 | 7.5 | — | — |
| EV / free cash flow | 16.4 | 22.9 | — | — | 11.9 | — | — | — | — | — |
| Earnings yield | 8.9% | 10.1% | 8.6% | 14.7% | 7.8% | 10.4% | 7.1% | 8.9% | — | — |
| Free cash flow yield | 6.0% | 4.4% | −3.4% | −1.2% | 8.5% | −1.3% | −2.1% | −1.4% | — | — |
| Dividend yield | — | — | — | — | — | — | 16.2% | 0.0% | — | — |
| Shareholder yield (dividends + buybacks) | 1.6% | 0.9% | 0.0% | 1.8% | 0.0% | 0.4% | 16.9% | 0.0% | — | — |
| Share price at fiscal year-end | $19.52 | $24.68 | $25.22 | $18.96 | $26.47 | $15.11 | $16.64 | $11.93 | — | — |
| Per share | ||||||||||
| Revenue per share | $6.86 | $7.42 | $7.54 | $10.59 | $8.16 | $7.29 | $6.91 | $8.01 | $5.36 | $5.53 |
| Earnings per share | $1.74 | $2.48 | $2.17 | $2.79 | $2.06 | $1.57 | $1.18 | $1.07 | $1.10 | $0.87 |
| Operating cash flow per share | $1.55 | $1.45 | −$0.54 | −$0.07 | $2.49 | −$0.08 | −$0.17 | $0.14 | $0.20 | −$0.10 |
| Free cash flow per share | $1.17 | $1.08 | −$0.85 | −$0.23 | $2.24 | −$0.20 | −$0.34 | −$0.16 | $0.14 | −$0.20 |
| Cash per share | $0.35 | $0.05 | $0.03 | $0.04 | $0.04 | $0.03 | $0.07 | $0.13 | $0.02 | $0.05 |
| Book value per share | $22.04 | $19.91 | $17.42 | $12.74 | $12.78 | $10.69 | $9.10 | $9.37 | $5.18 | $5.78 |
| Tangible book value per share | $21.72 | $19.91 | $17.42 | $12.74 | $12.78 | $10.69 | $9.10 | $9.37 | $5.18 | $5.78 |
| Dividends per share | — | — | — | — | — | — | $2.69 | $0.00 | $0.74 | $0.35 |
| Capex per share | $0.38 | $0.37 | $0.31 | $0.16 | $0.25 | $0.12 | $0.17 | $0.30 | $0.06 | $0.11 |
| Debt per share | $0.11 | $0.06 | $1.02 | $0.96 | $0.33 | $2.11 | $1.26 | $0.87 | $2.45 | $2.27 |
| Shares outstanding | 24.0M | 24.8M | 25.1M | 24.3M | 24.2M | 24.2M | 24.4M | 20.2M | 24.0M | 20.0M |
| Change in shares outstanding | −3.3% | −1.0% | +3.3% | +0.3% | −0.1% | −0.8% | +21.0% | −15.8% | +20.0% | — |
| Returns & profitability | ||||||||||
| Return on equity (ROE) | 8.2% | 13.2% | 14.6% | 21.9% | 17.5% | 15.8% | 14.0% | 13.7% | 22.0% | 15.0% |
| Return on invested capital (ROIC) | 7.7% | 10.8% | 12.9% | 19.9% | 15.5% | 13.2% | 12.7% | 11.9% | 16.3% | 11.4% |
| Return on assets (ROA) | 7.5% | 11.8% | 12.5% | 18.5% | 14.1% | 12.2% | 11.1% | 9.7% | 13.6% | 9.6% |
| Return on tangible assets | 7.3% | 11.5% | 10.7% | 18.5% | 13.6% | 11.2% | 10.2% | 9.2% | 12.6% | 9.6% |
| Free cash flow margin | 17.1% | 14.5% | −11.2% | −2.1% | 27.5% | −2.8% | −5.0% | −2.0% | 2.5% | −3.7% |
| Income quality (OCF / net income) | 0.89 | 0.58 | −0.25 | −0.02 | 1.21 | −0.05 | −0.15 | 0.13 | 0.18 | −0.11 |
| Financial health | ||||||||||
| Total debt | $2.5M | $1.4M | $25.6M | $23.2M | $8.0M | $51.0M | $30.9M | $17.6M | $58.8M | $45.5M |
| Cash & short-term investments | $8.5M | $1.1M | $748,000 | $1.0M | $1.0M | $768,000 | $1.7M | $2.6M | $428,000 | $1.0M |
| Net debt | −$5.9M | $247,000 | $24.8M | $22.2M | $7.0M | $50.3M | $29.1M | $15.0M | $58.4M | $44.5M |
| Debt / equity | 0.00 | 0.00 | 0.06 | 0.08 | 0.03 | 0.20 | 0.14 | 0.09 | 0.47 | 0.39 |
| Debt / assets | 0.00 | 0.00 | 0.05 | 0.06 | 0.02 | 0.15 | 0.11 | 0.08 | 0.28 | 0.25 |
| Net debt / EBITDA | −0.11 | 0.00 | 0.35 | 0.26 | 0.11 | 0.98 | 0.74 | 0.44 | 2.00 | 2.30 |
| Current ratio | 3.51 | 3.80 | 2.89 | 2.21 | 2.21 | 1.51 | 1.02 | 3.10 | 2.50 | 3.20 |
| Quick ratio | 2.66 | 2.65 | 2.00 | 1.22 | 1.21 | 0.76 | 0.50 | 1.04 | 0.84 | 1.16 |
| Interest coverage | — | 92.3 | 69.4 | 208.0 | 66.4 | 45.2 | 53.9 | 13.1 | 13.7 | 14.8 |
| Working capital | $117.8M | $91.6M | $70.6M | $50.6M | $50.6M | $18.6M | $1.0M | $42.8M | $35.7M | $31.6M |
| Invested capital | $522.7M | $494.2M | $461.6M | $331.6M | $316.3M | $309.5M | $251.5M | $204.3M | $182.6M | $160.1M |
| Tangible asset value | $520.9M | $494.0M | $436.7M | $309.4M | $309.4M | $259.2M | $222.4M | $189.3M | $124.3M | $115.6M |
| Net current asset value | $112.9M | $84.1M | $37.9M | $35.3M | $35.3M | −$24.5M | −$8.3M | $17.4M | −$24.6M | −$18.4M |
| Graham number | $29.40 | $33.36 | $29.18 | $28.29 | $24.34 | $19.42 | $15.55 | $14.99 | $11.31 | $10.62 |
| Graham net-net per share | $2.52 | $1.63 | −$0.04 | −$0.05 | −$1.30 | −$1.95 | −$1.29 | −$0.52 | −$2.11 | −$1.92 |
| Capital allocation | ||||||||||
| Dividends paid | — | — | — | — | — | — | $65.7M | $0 | $17.7M | $6.9M |
| Share buybacks (net) | $7.6M | $5.4M | $0 | $8.4M | $0 | $1.4M | $3.1M | $0 | — | — |
| Dividend payout ratio | — | — | — | — | — | — | 227.7% | 0.0% | 67.1% | 39.8% |
| Dividends + buybacks / free cash flow | 27.0% | 20.2% | — | — | 0.0% | — | — | — | 541.5% | — |
| Capex / revenue | 5.5% | 5.0% | 4.1% | 1.5% | 3.0% | 1.6% | 2.5% | 3.8% | 1.1% | 2.0% |
| Capex / operating cash flow | 24.2% | 25.6% | — | — | 9.9% | — | — | 217.6% | 30.4% | — |
| Capex / depreciation | 4.85 | 4.83 | 4.47 | 1.96 | 3.75 | 2.35 | 4.15 | 7.32 | 2.19 | 3.76 |
| Stock-based compensation / revenue | 0.3% | 0.4% | 0.4% | 1.9% | 0.1% | 0.1% | 0.4% | 0.5% | — | — |
| SG&A / revenue | 18.0% | 13.1% | 13.1% | 11.2% | 12.4% | 11.0% | 15.5% | 13.5% | 14.1% | 13.4% |
| Efficiency | ||||||||||
| Days sales outstanding | 213.9 | 148.8 | 110.8 | 36.2 | 26.7 | 44.3 | 37.5 | 37.5 | 44.4 | 45.1 |
| Days of inventory on hand | 163.2 | 143.3 | 136.2 | 101.2 | 110.8 | 90.6 | 120.5 | 138.9 | 152.4 | 138.4 |
| Days payables outstanding | 24.3 | 18.6 | 15.1 | 10.1 | 23.0 | 25.6 | 13.9 | 15.5 | 23.6 | 20.7 |
| Cash conversion cycle (days) | 352.7 | 273.5 | 231.9 | 127.2 | 114.5 | 109.3 | 144.1 | 160.8 | 173.2 | 162.9 |
| Receivables turnover | 1.71 | 2.45 | 3.29 | 10.09 | 13.69 | 8.24 | 9.73 | 9.74 | 8.22 | 8.09 |
| Payables turnover | 15.01 | 19.62 | 24.18 | 36.13 | 15.89 | 14.28 | 26.24 | 23.55 | 15.47 | 17.64 |
| Inventory turnover | 2.24 | 2.55 | 2.68 | 3.61 | 3.30 | 4.03 | 3.03 | 2.63 | 2.39 | 2.64 |
| Asset turnover | 0.30 | 0.35 | 0.43 | 0.70 | 0.56 | 0.57 | 0.65 | 0.73 | 0.66 | 0.61 |
| Average receivables | $96.4M | $75.1M | $57.4M | $25.5M | $14.4M | $21.4M | $17.4M | $16.6M | $15.7M | $13.7M |
| Average payables | $5.8M | $4.6M | $4.1M | $4.2M | $7.2M | $7.7M | $4.0M | $4.6M | $5.3M | $4.4M |
| Average inventory | $38.7M | $35.4M | $37.2M | $41.6M | $34.6M | $27.2M | $34.6M | $40.8M | $34.4M | $29.3M |
| Intangibles / total assets | 1.3% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
Computed from LEGH's annual financial statements (latest annual report filed March 12, 2026) and the closing share price on each fiscal year-end, adjusted for stock splits. Figures in U.S. dollars; data from EODHD. Averages use the opening and closing balance of each year.
LEGH valuation and financial ratios
At the end of fiscal 2025 (December 31, 2025), Legacy Housing traded at 11.2 times earnings, against a 10-year median of 11.2. Based on the latest twelve months, the trailing P/E is 12.7 and the forward P/E is 12.3. Legacy Housing earned a return on equity of 8.2% and a return on invested capital of 7.7% in fiscal 2025. It ended the year with $2.5 million of debt and $8.5 million in cash and short-term investments, a net cash position of $5.9 million. It returned $7.6 million to shareholders: $0 in dividends and $7.6 million in share buybacks, 27% of free cash flow. The share count rose 19.9% from 20.0M to 24.0M over 9 years.
See the LEGH income statement, the LEGH chart for price history, or the LEGH stock overview for the latest quote and news.
LEGH key metrics FAQ
What is Legacy Housing's P/E ratio?
Legacy Housing's trailing P/E ratio is 12.7 based on the last twelve months of earnings (as of October 18, 2026), and its forward P/E is 12.3. At the end of fiscal 2025 it was 11.2, compared with a 10-year median of 11.2.
What is Legacy Housing's EV/EBITDA?
Legacy Housing's enterprise value was 8.6 times EBITDA at the end of fiscal 2025 (enterprise value $462.2 million, EBITDA $53.5 million); the current EV/EBITDA is 10.5.
What is Legacy Housing's return on equity?
Legacy Housing's return on equity (ROE) was 8.2% in fiscal 2025: net income of $41.8 million on average shareholders' equity of $511.3 million.
What is Legacy Housing's ROIC?
Legacy Housing's return on invested capital was 7.7% in fiscal 2025, using after-tax operating income divided by average debt plus equity minus cash.
How much debt does Legacy Housing have?
Legacy Housing had total debt of $2.5 million at the end of fiscal 2025, a debt-to-equity ratio of 0.00 and more cash than debt.
Does Legacy Housing buy back its shares?
Yes. Legacy Housing spent $7.6 million on net share repurchases in fiscal 2025 Shares outstanding changed −3.3% over the year, to 24.0M..
What is Legacy Housing's free cash flow yield?
Legacy Housing generated $28.2 million of free cash flow in fiscal 2025, a free cash flow yield of 6.0% on its market value at year-end ($468.1 million).
What is Legacy Housing's current ratio?
Legacy Housing's current ratio was 3.51 at the end of fiscal 2025: current assets were 3.51 times current liabilities.