Yahoo / Market Guide - Clayton Homes, Inc.

·	Insider and 5%+ Owners: 29%
·	Institutional: 60% (85% of float) (325 institutions)
·	Net Inst. Buying: 4.40M shares (+5.04%) (prior quarter to latest quarter)

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·Highlights
·Performance
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Business Summary

Clayton Homes, Inc. and its subsidiaries produce, sell, finance and insure primarily low- to medium-priced manufactured homes. The Company's 20 manufacturing plants produce homes that are marketed in 33 states through 1,101 retailers, of which 318 are Company-owned sales centers and 76 are Company-owned community sales offices. Installment financing and insurance products are offered to its homebuyers and those buying from selected independent retailers. Such financing is provided through its wholly owned finance subsidiary, Vanderbilt Mortgage and Finance, Inc. The Company acts as agent, earns commissions and reinsures risks on physical damage, family protection and home buyer protection insurance policies issued by a non-related insurance company (ceding company) in connection with its home sales. The Company also develops, owns and manages manufactured housing communities.

More from Market Guide: Expanded Business Description

Financial Summary

Clayton Homes, Inc. and its subsidiaries produce, sell, finance and insure primarily low to medium-priced manufactured homes. CMH also develops, owns and manages manufactured housing communities. For the fiscal year ended 6/30/01, revenues fell 11% to $1.15 billion. Net income fell 26% to $106.7 million. Revenues reflect a decrease in manufactured housing sales due to a highly competitive market. Earnings also suffered from a higher provision for credit losses.

More from Market Guide: Significant Developments

Officers

[Insider Trade Data]

	FY2000 Pay

James Clayton, 66 Chairman	$255K
Kevin Clayton, 37 Pres, CEO, Director and Pres, Financial Services	518K
John Kalec, 50 CFO, Director	--
David Booth, 47 Exec. VP and Pres, Retail Group	517K
Richard Strachan, 58 Exec. VP and Pres, Manufacturing Group	491K
Dollar amounts are as of 30-June-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc..

More from Market Guide on Officers & Directors:
Expanded List, Bios, Compensation, Options

Statistics at a Glance -- NYSE:CMH

As of 31-Aug-2001

Price and Volume
52-Week Low on 18-Oct-2000	$`8.313`
Recent Price	$`15.31`
52-Week High on 20-July-2001	$`16.55`
Beta	`0.90`
Daily Volume (3-month avg)	`338.2K`
Daily Volume (10-day avg)	`251.0K`
Stock Performance
big chart [1d \| 5d \| 3m \| 6m \| 1y \| 2y \| 5y \| max]
52-Week Change	`+57.0%`
52-Week Change relative to S&P500	`+110.7%`
Share-Related Items
Market Capitalization	$`2.11B`
Shares Outstanding	`137.8M`
Float	`97.8M`
Dividends & Splits
Annual Dividend (indicated)	$`0.06`
Dividend Yield	`0.42%`
Last Split: 5 for 4 on 10-Dec-1998

Per-Share Data
Book Value (mrq)	$`8.32`
Earnings (ttm)	$`0.77`
Earnings (mrq)	$`0.19`
Sales (ttm)	$`8.32`
Cash (mrq)	$`0.35`
Valuation Ratios
Price/Book (mrq)	`1.84`
Price/Earnings (ttm)	`19.88`
Price/Sales (ttm)	`1.84`
Income Statements
Sales (ttm)	$`1.15B`
EBITDA (ttm)	$`171.6M`
Income available to common (ttm)	$`106.7M`
Profitability
Profit Margin (ttm)	`9.3%`
Operating Margin (ttm)	`14.8%`
Fiscal Year
Fiscal Year Ends	June 30
Most recent quarter	30-June-2001

Management Effectiveness
Return on Assets (ttm)	`6.91%`
Return on Equity (ttm)	`9.78%`
Financial Strength
Current Ratio	N/A
Debt/Equity (mrq)	`0.12`
Total Cash (mrq)	$`47.8M`
Short Interest As of 8-Aug-2001
Shares Short	`2.33M`
Percent of Float	`2.4%`
Shares Short (Prior Month)	`2.27M`
Short Ratio	`7.72`
Daily Volume	`301.0K`

See Profile Help for a description of each item above; K = thousands; M = millions; B = billions; mrq = most-recent quarter; ttm = trailing twelve months; (as of 30-June-2001)

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