Legacy Housing Corporation (LEGH) is a Materials stock trading at $27.80 (as of 2026-09-02), with a market capitalization of $661.25M and a trailing P/E of 12.9. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.
Legacy Housing Corporation builds, sells, and finances manufactured homes and tiny houses, manufacturing homes and arranging transportation and offering wholesale financing to dealers and manufactured housing community operators. It also provides floor-plan and consumer financing for its products and markets homes through retail locations and direct sales in multiple U.S. states.
Legacy Housing builds and sells manufactured homes in the southern U.S., booking both product margin on each unit and ongoing interest income from financing dealers, consumers, and community owners. The business pairs a factory-and-delivery operation with a lending book, so revenue arrives in two very different forms.
Each home sold also seeds a financing relationship, so the company books product margin once but collects interest revenue across the borrower's entire repayment schedule.
Business quality (Strong): Gross margin near 50% and operating margin near 40% are strong for a construction-materials name, and 32% revenue growth is impressive, but the 10% ROE and reliance on a financing book that just saw a partial default keep this from being a clean quality story.
Valuation: At 13× earnings, LEGH trades 47% below the Construction Materials average (24×). Note: the low multiple may reflect one-time earnings items.
| Price | $27.80 |
| Market Cap | $661.25M |
| P/E Ratio | 12.9 |
| EV / EBITDA | 10.4 |
| Price / Book | 1.18 |
| Price / Sales | 3.68 |
| FCF Yield | 4.3% |
| DCF Value (model) | $20.48 |
| DCF Upside vs Price | -26.3% |
| Revenue (TTM) | $164.57M |
| Net Margin | 25.4% |
| Revenue Growth (YoY) | 32.3% |
| EPS Growth (YoY) | 62.3% |
| FCF Growth (YoY) | 142.2% |
| Altman Z-Score | 9.31 (safe) |
| Stock P/E | 12.9 |
| Sector P/E (Materials) | 23.9 |
| Industry P/E (Construction Materials) | 20.2 |
| vs Sector | -46.0% |
| vs Industry | -36.2% |
| Top Institutional Holder | DIMENSIONAL FUND ADVISORS LP ($19.53M) |
| Institutional Holders Tracked | 10 |
| Sector | Materials |
| Industry | Construction Materials |
| CEO | Kenneth E. Shipley |
| Employees | 594 |
| Country | US |
| IPO Date | 2018-12-14 |
Data as of 2026-09-02.
Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.