CVCO
Cavco Industries, Inc.
CVCO has the edge over RIVN overall, supported by lower modeled downside and stronger fundamentals.
RIVN
Rivian Automotive, Inc.
RIVN offers stronger valuation, but that advantage does not outweigh its weaker overall profile.
CVCO Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Healthy | |
| Healthy | |
| Strong |
CVCO's revenue, profitability, cash flow and balance sheet are all currently healthy.
RIVN Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Weak | |
| Weak | |
| Unavailable |
RIVN's revenue is currently healthy, but its profitability and cash flow are weak. There isn't enough data to rate its balance sheet.
CVCO PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 11x | $256 | -60% |
| Fair | 23x | $541 | -16% |
| Forward | 24x | $642 | — |
| Expensive | 26x | $619 | -3.6% |
| Current | 27x | $642 | — |
Historical ranges are pointers, not guarantees.
CVCO's PE is in its expensive range at 27x. If earnings grow as analysts expect, today's price would be 24x next year's earnings, in its fair range.
RIVN PE Valuation
RIVN has no meaningful PE right now: it lost money over the past year.
CVCO Forward outlook
| Metric | Outlook |
|---|---|
| Improving | |
| Growth | |
| Growth | |
| Improving | |
| Limited | |
| High |
Analysts expect earnings and revenue growth for CVCO, with profitability improving.
RIVN Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Losses shrinking | |
| Strong growth | |
| Strongly improving | |
| Limited | |
| Low |
Analysts expect RIVN's losses to shrink, with revenue growing. However, they disagree widely on these estimates.
CVCO Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $26.42 | +12% |
| Q3 2026 | $23.61 | -2.8% |
| Q2 2026 | $22.99 | -0.1% |
| Q1 2026 | $23.98 | +16% |
| Q4 2025 | $22.97 | +13% |
| Q3 2025 | $24.29 | +37% |
| Q2 2025 | $23.02 | +34% |
| Q1 2025 | $20.71 | +13% |
| Q4 2024 | $20.34 | +3.1% |
CVCO has the edge over RIVN on earnings quality, reporting a profit while its opponent remains loss making.
RIVN Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q3 2026 | -$2.25 | +$0.83 |
| Q2 2026 | -$2.58 | +$0.62 |
| Q1 2026 | -$2.92 | +$0.77 |
| Q4 2025 | -$3.07 | +$1.62 |
| Q3 2025 | -$3.08 | +$2.52 |
| Q2 2025 | -$3.20 | +$2.76 |
| Q1 2025 | -$3.69 | +$2.08 |
| Q4 2024 | -$4.69 | +$1.05 |
RIVN is still losing money, but far less than before: $2.25 per share over the past year, against $7.40 at its worst in late 2022.
CVCO Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $656.4M | +18% |
| Q2 2026 | $610M | +9.5% |
| Q1 2026 | $550.1M | +8.2% |
| Q4 2025 | $581M | +11% |
| Q3 2025 | $556.5M | +9.7% |
| Q2 2025 | $556.9M | +17% |
| Q1 2025 | $508.4M | +21% |
| Q4 2024 | $522M | +17% |
CVCO's revenue has grown year over year for 10 quarters in a row: $656M last quarter, up 18% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 11% | -0.5 points |
| Q2 2026 | 8.7% | -2.2 points |
| Q1 2026 | 9.4% | +1.8 points |
| Q4 2025 | 9.4% | -2.9 points |
| Q3 2025 | 11% | +1.5 points |
| Q2 2025 | 11% | +2.8 points |
| Q1 2025 | 7.6% | -1.3 points |
| Q4 2024 | 12% | +3.4 points |
CVCO has the edge over RIVN on profitability, with a higher operating margin.
RIVN Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $2.2B | +38% |
| Q2 2026 | $1.7B | +27% |
| Q1 2026 | $1.4B | +11% |
| Q4 2025 | $1.3B | -26% |
| Q3 2025 | $1.6B | +78% |
| Q2 2025 | $1.3B | +13% |
| Q1 2025 | $1.2B | +3% |
| Q4 2024 | $1.7B | +32% |
RIVN's revenue is growing: $2.2B last quarter, up 38% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | -41% | +22 points |
| Q2 2026 | -50% | +35 points |
| Q1 2026 | -64% | -11 points |
| Q4 2025 | -65% | -27 points |
| Q3 2025 | -63% | +71 points |
| Q2 2025 | -86% | +33 points |
| Q1 2025 | -53% | +70 points |
| Q4 2024 | -38% | +82 points |
RIVN's operating margin was −41% last quarter, up 22 points from the same quarter a year ago, near the top of its range since 2021.
CVCO Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $66.7M | -3% |
| Q2 2026 | $49M | +5.5% |
| Q1 2026 | $59.3M | +83% |
| Q4 2025 | $57.6M | +78% |
| Q3 2025 | $68.7M | +38% |
| Q2 2025 | $46.4M | +9.4% |
| Q1 2025 | $32.5M | +126% |
| Q4 2024 | $32.3M | -21% |
CVCO has the edge over RIVN on cash generation, producing positive trailing cash flow while its opponent burns cash.
RIVN Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | -$1.1B | -$703M |
| Q2 2026 | -$849M | -$451M |
| Q1 2026 | -$1.1B | -$549M |
| Q4 2025 | -$1.1B | -234% |
| Q3 2025 | -$421M | +$732M |
| Q2 2025 | -$398M | +$639M |
| Q1 2025 | -$526M | +$997M |
| Q4 2024 | $856M | +$2.3B |
RIVN has burned cash in almost every quarter: −$4.2B over the past year, against −$489M the year before.
CVCO Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -0.6% | -49.6K shares |
| 1 year | -3.2% | -258K shares |
| 3 years | -11% | -997K shares |
| 5 years | -17% | -1.5M shares |
| Available history | -17% | -1.6M shares |
CVCO has the edge over RIVN on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | $30M |
| Q2 2026 | $30M |
| Q1 2026 | $30M |
| Q4 2025 | $43.8M |
| Q3 2025 | $36.1M |
| Q2 2025 | $50M |
| Q1 2025 | $34.2M |
| Q4 2024 | $42.2M |
CVCO spent $134M buying back its own shares over the past year, down 18% from the year before.
RIVN Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +9.1% | +121M shares |
| 1 year | +19% | +226M shares |
| 3 years | +52% | +494M shares |
RIVN has 1.4B diluted shares, up 19% from a year ago.
| Quarter | Spent |
|---|---|
| Q2 2021 | — |
| Q1 2021 | — |
| Q4 2020 | $6M |
| Q3 2020 | — |
| Q2 2020 | — |
| Q1 2020 | — |
CVCO Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -1.1x | Net Cash |
| Q2 2026 | -1.0x | Net Cash |
| Q1 2026 | -0.9x | Net Cash |
| Q4 2025 | -1.0x | Net Cash |
| Q3 2025 | -1.5x | Net Cash |
| Q2 2025 | -1.5x | Net Cash |
| Q1 2025 | -1.7x | Net Cash |
| Q4 2024 | -1.7x | Net Cash |
CVCO has more cash than debt.
RIVN Net Leverage
RIVN's operating earnings (EBITDA) were negative over the past year, so its debt can't be measured against them.
CVCO Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 61.2 | Neutral |
| Stochastic | 77.7 | Neutral |
CVCO's weekly RSI is 61 (neutral) and its Stochastic is 78 (neutral).
RIVN Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 41.5 | Neutral |
| Stochastic | 25.6 | Neutral |
RIVN's weekly RSI is 41 (neutral) and its Stochastic is 26 (neutral).
CVCO PE vs Consumer Cyclical Sector
| Metric | CVCO | Sector median | Relative |
|---|---|---|---|
| PE | 27x | 18x | 51% above |
| PE % | 91 | 47 | 44 pts above |
CVCO is trading at 27x earnings, a 51% premium to the Consumer Cyclical sector's median of 18x.
RIVN PE vs Consumer Cyclical Sector
RIVN has no meaningful PE right now: it lost money over the past year.
CVCO Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $578.8 | 11% above |
| 20 week MA | $572.7 | 12% above |
| 50 week MA | $563.0 | 14% above |
| 100 week MA | $530.2 | 21% above |
| 200 week MA | $434.4 | 48% above |
CVCO has the edge over RIVN on trend strength, trading above more of its moving averages.
RIVN Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $13.3 | 3.9% below |
| 20 week MA | $15.1 | 15% below |
| 50 week MA | $15.9 | 19% below |
| 100 week MA | $14.7 | 13% below |
| 200 week MA | $15.1 | 15% below |
RIVN is in a downtrend: it's below all five of its weekly moving averages, and 15% below its 200-week average.
CVCO Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $194.0 | $181.5 | -6.5% |
| 2021 | $181.5 | $302.7 | +67% |
| 2022 | $302.7 | $226.9 | -25% |
| 2023 | $226.9 | $346.6 | +53% |
| 2024 | $346.6 | $443.3 | +28% |
| 2025 | $443.3 | $600.4 | +35% |
| 2026 YTD | $600.4 | $642.0 | +6.9% |
CVCO has the edge over RIVN on returns for 2026, with the stronger performance.
RIVN Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2021 | $130.0 | $96.8 | -25% |
| 2022 | $96.8 | $19.1 | -80% |
| 2023 | $19.1 | $23.5 | +23% |
| 2024 | $23.5 | $13.7 | -42% |
| 2025 | $13.7 | $20.9 | +53% |
| 2026 YTD | $20.9 | $12.8 | -39% |
RIVN has finished lower in three of the last five years. It's down 39% so far in 2026.