Legacy Housing Corp (LEGH)

Mobile Homes

Latest Price

$27.11

TTM P/E

12.44

Normalized P/E

11.54

Div Yield

Book Value

23.63

P/B Ratio

1.15

Valuation metrics

EPS: $1.74

Book value / share: $22.20

Formula: √(22.5 × EPS × BVPS)

Graham Number

$29.48

+9% upside

Norm. op. income: $59M (median of 7yr)

Tax rate: 19%

Discount rate: 10%

Growth assumption: zero (EPV is a no-growth value)

Earnings Power Value

$20.41

25% downside

Base FCF: $28M (median of recent 5yr)

Growth: 5%/yr (median YOY, capped at 25%)

Discount rate: 10%

Terminal growth: 3%

Projection horizon: 10 years

DCF Fair Value

$20.69

24% downside

EPS: $1.74

Target P/E: 12×

Formula: EPS × P/E

P/E Fair Value

$20.88

23% downside

39.6% held by institutions

Institution	Shares	Value	Ownership %	Change	Filing Date
DIMENSIONAL FUND ADVISORS LP	1.01M	$26.0M	4.25%	+54.6K	2026-06-30
ADVISORY RESEARCH INC	920.3K	$24.0M	3.87%	-5.0K	2026-06-30
YACKTMAN ASSET MANAGEMENT LP	754.0K	$19.0M	3.17%	+48.3K	2026-06-30
BlackRock, Inc.	636.2K	$16.0M	2.68%	+43.5K	2026-06-30
Voss Capital, LP	597.1K	$15.0M	2.51%	-2.9K	2026-06-30
AMERIPRISE FINANCIAL INC	489.7K	$12.0M	2.06%	+54.9K	2026-06-30
Philadelphia Financial Management of San Francisco, LLC	454.4K	$11.0M	1.91%	+39.3K	2026-06-30
GW&K Investment Management, LLC	443.5K	$11.0M	1.87%	-16.2K	2026-06-30
PUNCH & ASSOCIATES INVESTMENT MANAGEMENT, INC.	427.7K	$11.0M	1.80%	--	2026-06-30
VANGUARD CAPITAL MANAGEMENT LLC	372.3K	$9.0M	1.57%	+2.7K	2026-06-30