Saturday 10 October 2026
Export all LEGH data to Excel Powerpack
Legacy Housing Corporation
LEGH Consumer Cyclical Residential Construction
Legacy Housing Corporation’s revenue for fiscal 2025 (year ended December 2025) was $164.6 million, down 10.7% from fiscal 2024. In the quarter to June 2026, revenue grew 32.3%, EPS grew 62.3% and free cash flow grew 238.8%, each against the same quarter a year earlier.
27.81
0.56
−1.97%
Follow LEGH
Target Price Range
Analyst price targets
Free accountTen years at a glance Fiscal years to December
| Group | Line | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Trend | 2026e | 2027e | 2028e |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Price, $ | |||||||||||||||
| Price, $ | Low | — | — | 11.05 | 8.93 | 8.50 | 13.95 | 11.96 | 17.67 | 19.42 | 18.84 |
Analyst estimates 2026–2028 Powerpack |
|||
| High | — | — | 13.20 | 17.50 | 16.92 | 28.84 | 27.79 | 25.73 | 29.31 | 29.45 | |||||
| People | |||||||||||||||
| People | Employees | — | 800 | 800 | 800 | 870 | 880 | 870 | 572 | 594 | 592 | ||||
| Revenue/emp, $m | 0.00 | 0.16 | 0.20 | 0.21 | 0.20 | 0.22 | 0.30 | 0.33 | 0.31 | 0.28 | |||||
| Income, $m | |||||||||||||||
| Income, $m | Revenue | 111 | 129 | 162 | 169 | 177 | 198 | 257 | 189 | 184 | 165 | ||||
| Gross margin, % | 30.05 | 35.92 | 33.76 | 37.91 | 37.91 | 42.26 | 41.59 | 47.29 | 46.64 | 47.41 | |||||
| EBT | 17 | 26 | 31 | 38 | 49 | 61 | 82 | 69 | 76 | 52 | |||||
| EBT margin, % | 15.83 | 20.56 | 18.93 | 22.25 | 27.63 | 30.70 | 31.96 | 36.34 | 41.28 | 31.33 | |||||
| Net income | 17 | 26 | 22 | 29 | 38 | 50 | 68 | 54 | 62 | 42 | |||||
| Depreciation | 1 | 1 | 1 | 1 | 1 | 2 | 1 | 0 | 0 | 0 | |||||
| Per share, $ | |||||||||||||||
| Per share, $ | Revenue | 4.60 | 5.36 | 8.01 | 6.93 | 7.29 | 8.16 | 10.55 | 7.76 | 7.61 | 6.86 | ||||
| Earnings | 0.72 | 1.10 | 1.07 | 1.18 | 1.52 | 2.06 | 2.78 | 2.23 | 2.55 | 1.74 | |||||
| Cash flow | (0.08) | 0.18 | 0.14 | (0.17) | (0.08) | 2.49 | (0.07) | (0.56) | 1.49 | 1.55 | |||||
| Capex | (0.09) | (0.06) | (0.30) | (0.17) | (0.12) | (0.25) | (0.09) | (0.27) | (0.32) | (0.38) | |||||
| Free cash flow | (0.17) | 0.12 | (0.16) | (0.34) | (0.19) | 2.25 | (0.16) | (0.83) | 1.17 | 1.17 | |||||
| Book value | 4.81 | 5.17 | 9.37 | 9.12 | 10.70 | 12.78 | 15.69 | 17.91 | 20.40 | 22.04 | |||||
| Shares, m | 24 | 24 | 20 | 24 | 24 | 24 | 24 | 24 | 24 | 24 | |||||
| Valuation, × | |||||||||||||||
| Valuation, × | P/E | 6.61 | 6.61 | 11.20 | 14.22 | 9.94 | 12.91 | 6.69 | 11.05 | 9.72 | 11.22 | ||||
| P/S | 0.00 | 0.00 | 1.49 | 2.40 | 2.07 | 3.24 | 1.76 | 3.19 | 3.24 | 2.84 | |||||
| P/B | 1.94 | 1.94 | 1.27 | 1.82 | 1.41 | 2.07 | 1.19 | 1.38 | 1.21 | 0.89 | |||||
| EV/Sales | 0.00 | 0.00 | 1.58 | 2.40 | 2.27 | 3.28 | 1.73 | 3.31 | 3.25 | 2.80 | |||||
| EV/FCF | (176.59) | (176.59) | (77.11) | (48.33) | (86.28) | 11.92 | (116.79) | (31.10) | 21.11 | 16.37 | |||||
| Cash, $m | |||||||||||||||
| Cash, $m | Operating cash flow | (2) | 4 | 3 | (4) | (2) | 60 | (2) | (14) | 36 | 37 | ||||
| Capex | (2) | (1) | (6) | (4) | (3) | (6) | (2) | (7) | (8) | (9) | |||||
| Free cash flow | (4) | 3 | (3) | (8) | (5) | 54 | (4) | (20) | 28 | 28 | |||||
| Balance, $m | |||||||||||||||
| Balance, $m | Working capital | 32 | 36 | 43 | 1 | 18 | 51 | 66 | 78 | 92 | 118 | ||||
| Total debt | 44 | 54 | 17 | 2 | 36 | 8 | 3 | 24 | — | 1 | |||||
| Net debt | 43 | 53 | 15 | 0 | 35 | 7 | (9) | 23 | (1) | (7) | |||||
| Shareholders’ equity | 116 | 124 | 189 | 222 | 259 | 309 | 382 | 437 | 494 | 529 | |||||
| Returns, % | |||||||||||||||
| Returns, % | ROA | 8.93 | 13.57 | 9.70 | 11.12 | 12.21 | 14.14 | 16.87 | 11.54 | 11.84 | 7.50 | ||||
| ROIC | 7.27 | 9.90 | 10.04 | 10.62 | 10.10 | 11.64 | 13.06 | 8.78 | 8.07 | 5.80 | |||||
| ROE | 14.46 | 21.97 | 13.72 | 14.01 | 15.78 | 17.54 | 19.60 | 13.30 | 13.25 | 8.18 | |||||
Negative figures in brackets.
Fiscal years to Dec 2025 · latest quarter Jun 2026
Charts ten years each
Legacy Housing Corporation vs peers in Residential Construction (Q) = latest quarter vs a year earlier
| Company | Market cap | P/E | Fwd P/E | Revenue growth (Q) | EPS growth (Q) | FCF growth (Q) | Gross margin (Q) | EBIT margin (Q) | Compare |
|---|---|---|---|---|---|---|---|---|---|
| MTH Meritage Homes Corporation | $4.0B | 12.2× | 13.6× | −13.77% (below 0%: shrinking) | −33.01% (below 0%: shrinking) | +2,516.98% (above 0%: growing) | 18.60% | 8.19% | Compare |
| MHO M/I Homes, Inc. | $3.3B | 10.5× | 10.9× | −8.54% (below 0%: shrinking) | −31.86% (below 0%: shrinking) | −11.50% (below 0%: shrinking) | 22.15% | 9.53% | Compare |
| GRBK Green Brick Partners, Inc. | $2.7B | 9.4× | 12.0× | −8.70% (below 0%: shrinking) | −8.06% (below 0%: shrinking) | −113.25% (below 0%: shrinking) | 31.90% | 19.54% | Compare |
| KBH KB Home | $2.7B | 11.9× | 16.2× | −19.96% (below 0%: shrinking) | −35.34% (below 0%: shrinking) | −85.83% (below 0%: shrinking) | 5.54% | 5.54% | Compare |
| LGIH LGI Homes, Inc. | $1.1B | 15.4× | 17.3× | +5.70% (above 0%: growing) | −14.71% (below 0%: shrinking) | +254.15% (above 0%: growing) | 19.71% | 5.61% | Compare |
| BZH Beazer Homes USA, Inc. | $891.4M | — (loss-making) | — (loss-making) | −5.33% (below 0%: shrinking) | n/m | −119.25% (below 0%: shrinking) | 12.80% | (2.20%) | Compare |
| DFH Dream Finders Homes, Inc. | $869.1M | 6.5× | 10.9× | −7.57% (below 0%: shrinking) | −52.63% (below 0%: shrinking) | −36.48% (below 0%: shrinking) | 14.52% | 2.44% | Compare |
| LEGH Legacy Housing Corporation | $674.7M | 13.0× | 10.9× | +32.27% (above 0%: growing) | +62.30% (above 0%: growing) | +238.78% (above 0%: growing) | 49.43% | 39.88% | |
| HOV Hovnanian Enterprises Inc | $643.8M | 93.6× | 86.5× | −11.85% (below 0%: shrinking) | n/m | −160.88% (below 0%: shrinking) | 13.12% | 0.81% | Compare |
| Median of peers | $1.9B | 11.9× | 13.6× | −8.62% | −32.43% | −61.15% | 16.56% | 5.57% |
Legacy Housing Corporation (LEGH) key facts
- Concern: Legacy Housing Corporation’s revenue for fiscal 2025 (year ended December 2025) was $164.6 million, down 10.7% from fiscal 2024.
- Concern: Net income was $41.8 million, or $1.74 per share (basic), a net margin of 25.4%.
- Legacy Housing Corporation (LEGH) is a Residential Construction company in the Consumer Cyclical sector, listed on Nasdaq.
- As of October 9, 2026, LEGH traded at $27.81, a market capitalization of $674.7 million.
- At that price the stock trades at 13.0× trailing-twelve-month earnings and 3.7× sales; its P/E is higher than 90% of its own readings over the past ten years.
- Return on equity was 8.18% and debt-to-equity 0.00.
- Its Piotroski F-score is 4 out of 9 and its Altman Z-score is 7.11 (safe zone) for fiscal 2025.