Century Communities, Inc. — Earnings Quality Grade F
CCS · Real Estate
Major red flags
Screening Summary
管理层信号
Financial Trends
Revenue & Net Income ($B)
Margins (%)
18-Point Screening
Revenue Quality
DSO 5 days, change +1 days YoY
AR growth 13.8% exceeds revenue growth -6.4%
Revenue -6.4%, CFFO 21.8%. Cash follows revenue
Expense Quality
Inventory 2.8% vs COGS -1.2%. Normal
CapEx growth -82.6% vs revenue -6.4%. Normal
SG&A/Gross Profit = 70.5%, exceeds 70%
Gross margin 17.4%, change -4.3pp. Stable
Cash Flow Quality
CFFO/NI = 1.04. Profits backed by cash
FCF < 50% of Net Income for 2 years
Accruals ratio = -0.1%. Low accruals
Cash $0.1B covers only 8% of debt $1.4B
Balance Sheet Health
Goodwill+Intangibles $0.1B = 2% of equity. Manageable
Debt/EBITDA = 6.1x (>4x). Financial stress
Other assets -1.1% vs revenue -6.4%. Normal
No write-off data
Acquisition Risk
FCF after acquisitions negative for 2/3 years
Goodwill+Intangibles change -37% YoY. Normal
Manipulation Score
M-Score = -2.32 (< -2.22). Unlikely manipulator
Beneish M-Score
Altman Z-Score
Generated from public financial data using forensic accounting frameworks. Not investment advice. Data: Yahoo Finance · 2026-04-25