Champion Homes Inc

SKY

Compliant
Exchange
Sector
Headquarters
Group
NYSE
Consumer Cyclicals
United States of America
Mid cap

Champion Homes Inc is Shariah Compliant. It passes 5/5 Shariah standards we screen against.

1.02%

Impure Income*

$0.111

Purification*

$0.320

Zakat*

Financials

Market cap Group
Analysts' Rating
Price Target (Mean)
Price Target (Low)
Price Target (High)
Total Analysts
Mid cap
HOLD
$88.75
$72.00
$104.53
6
Revenue Growth
Operating Margin
Net Profit Margin
Quick Ratio
Current Ratio
EPS Growth
35.07%
8.82%
7.29%
1.57
2.33
1480.00%

Shariah Compliance

  • Updated on September 12, 2024
Debt
2.19%
✓
Non-Compliant Assets
0.00%
Impure Income
1.02%
✓

AAOIFI Rulebook:

  • Non-compliant Liabilities (like Interest-based Debt) < 30% of Market cap
  • Non-compliant Assets (like Interest-based Investments) < 30% of Market cap
  • Impure Revenues (incl. Interest Income) < 5% of Total Revenues

Source: AAOIFI SS21

Debt
3.11%
✓
Impure Income
1.02%
✓

S&P Sharia Rulebook:

  • Interest-based Debt < 33% of 36-mo avg. Market cap
  • Impure Revenues (incl. Interest Income) < 5% of Total Revenues

Source: S&P Shariah Methodology

Debt
3.00%
✓
Impure Income
1.02%
✓

Dow Jones Islamic Market (DJIM) Rulebook:

  • Interest-based Debt < 33% of 24-mo avg. Market cap
  • Impure Revenues (incl. Interest Income) < 5% of Total Revenues

Source: DJIM Methodology

Debt
5.92%
✓
Cash
27.62%
✓
Cash & AR
31.28%
✓
Impure Income
1.02%
✓

FTSE Shariah Rulebook:

  • Interest-based Debt < 33.33% of Total Assets
  • Cash and interest-bearing items < 33.33% of Total Assets
  • Accounts receivable and cash < 50% of Total Assets
  • Impure Revenues (incl. Interest Income) < 5% of Total Revenues

Source: FTSE RUSSELL

Debt
5.92%
✓
Cash
27.62%
✓
Cash & AR
31.28%
✓
Impure Income
1.02%
✓

MSCI Islamic Rulebook:

  • Interest-based Debt < 33.33% of Total Assets
  • Cash and interest-bearing items < 33.33% of Total Assets
  • Accounts receivable and cash < 33.33% of Total Assets
  • Impure Revenues (incl. Interest Income) < 5% of Total Revenues

Source: MSCI Islamic Indexes

Impure Income Breakdown

-
-
Interest Income
1.02%

Note on Purification and Zakat:

  • Purification and Zakat (for long-term investing) calculations are in USD per share and based on AAOIFI methodology. AAOIFI requires purification every financial period (e.g. quarterly). 
  • If you follow S&P Shariah’s Dividend-only purification, then remove the impure income % from the dividends you receive. No purification required for non-dividend paying stocks, according to S&P Shariah.
  • For Zakat, if you did not invest in a company from a long term perspective, then consider the shares as trading goods and give 2.5% of the total value if a year has passed on them. 

Company Profile

Champion Homes, Inc. is a producer of factory-built housing in North America. Its segments include U.S. Factory-built Housing, which includes manufacturing and retail housing operations, and Canadian Factory-built Housing. It offers a portfolio of manufactured and modular homes, accessory dwelling units, park-model recreational vehicles and modular buildings for the single-family, multi-family, and hospitality sectors. It has around 48 manufacturing facilities throughout the United States and western Canada. It provides construction services to install and set-up factory-built homes, operates a factory-direct retail business with 72 retail locations across the United States, and operates Star Fleet Trucking, providing transportation services to the manufactured housing and other industries from several dispatch locations across the United States. Its brands include Skyline Homes, Champion Homes and Regional Homes in the United States and Moduline and SRI Homes in western Canada.

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