- Legacy Housing is an underappreciated operator in a niche industry that is in a prime position to cash in on strong secular tailwinds that will keep demand for affordable housing high.
- Scrappy founder-led management team has an excellent track record of capital allocation and compounding book value in the high-teens.
- Relatively short history as a publicly traded company, unique business strategy that differs from their larger publicly traded peers and an understated balance sheet is concealing Legacy’s true value.
For further details see:
Legacy Housing: Underappreciated Value