CVGI vs LZB vs XMAX Stock Comparison

Commercial Vehicle, La-Z-Boy and XMax Prices as of Oct 27, 2026 Peers: Industry group
LZB La-Z-Boy Inc
$29.72 -0.6% 1M -9.2% 1Y
Market cap
$1.19B
P/E
14.6x
Revenue (TTM)
$2.11B
Div. yield
3.24%
Furniture Consumer Discretionary
4 wins
XMAX XMax Inc.
$8.45 -3.0% 1M +48.0% 1Y
Market cap
$541.55M
P/E
17.3x
Revenue (TTM)
$16.05M
Div. yield
–
Furniture Consumer Discretionary
3 wins

Head to Head

10 decided of 12

La-Z-Boy leads on 4 of the 12 questions below (La-Z-Boy 4, XMax 3, Commercial Vehicle 3). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionCVGILZBXMAXLeader
Larger companyMarket capitalisation $114.84M $1.19B $541.55M LZB
Cheaper on earningsLower P/E, profitable companies only -4.6x 14.6x 17.3x LZB
Cheaper on forward earningsLower price / next fiscal year consensus EPS — 12.1x — –
Faster revenue growthRevenue growth, trailing twelve months -0.4% +0.2% +63.5% XMAX
More profitableNet margin, trailing twelve months -3.4% 3.9% 185.9% XMAX
Better return on capitalReturn on invested capital 5.9% — -3.6% CVGI
Less leveragedLower net debt / EBITDA 3.0x — 10.4x CVGI
Higher dividend yieldTrailing dividend yield — 3.24% — –
Better 1-year returnPrice return, last 12 months +84.8% -9.2% +48.0% CVGI
Better 5-year returnAnnualised price return, 5 years -21.6%/yr -2.3%/yr -5.2%/yr LZB
Less volatileAnnualised volatility, 1 year 82.4% 43.2% 33.3% XMAX
Higher overall scoreMean of the five percentile scores vs peers 43/100 66/100 40/100 LZB

Percentile Scorecard

CVGILZBXMAX

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisCVGILZBXMAX
Valuation 85 #32 of 203 93 #4 of 42 7 #39 of 42
Growth 35 #122 of 188 29 #30 of 42 59 #18 of 42
Profitability 28 #132 of 183 72 #12 of 40 28 #29 of 40
Financial Health 23 #168 of 217 58 #19 of 44 100 #1 of 44
Shareholder Returns – 78 #7 of 28 4 #27 of 28
Overall 43 66 40
  • CVGI ranked among 222 companies in Machinery
  • LZB ranked among 45 companies in Household Durables
  • XMAX ranked among 45 companies in Household Durables

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodCVGILZBXMAXSPY
1 month +2.3%-0.6%-3.0% -0.2%
3 months -31.9%-28.1%+0.2% +3.9%
6 months -28.6%-17.7%+12.8% +8.2%
Year to date +111.8%-20.3%+40.8% +12.9%
1 year +84.8%-9.2%+48.0% +12.3%
3 years -55.5%+5.3%+272.2% +87.4%
3 years, per year -23.7%+1.7%+55.0% +23.3%
5 years -70.4%-10.9%-23.5% +67.9%
5 years, per year -21.6%-2.3%-5.2% +10.9%
10 years -37.5%+30.9%-91.0% +261.1%
10 years, per year -4.6%+2.7%-21.4% +13.7%

Risk

MeasureCVGILZBXMAXSPY
Volatility, 1Y 82.4%43.2%33.3% 12.7%
Downside volatility, 1Y 69.4%39.0%30.6% 12.7%
Beta vs S&P 500, 1Y 1.630.470.33 1.00
Return / volatility, 1Y 1.03-0.211.44 0.97
Max drawdown, 5Y -92.7%-41.6%-96.6% -25.4%
From 52-week high -47.2%-29.5%-9.5% -1.2%
52-week high $5.78$42.17$9.34 $779.14
52-week low $1.34$28.67$5.20 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleCVGILZBXMAX
P/E now vs peer median -4.6xmedian 25.2x 14.6xmedian 16.0x 17.3xmedian 16.0x
P/S now vs peer median 0.2xmedian 1.9x 0.6xmedian 0.6x 33.7xmedian 0.6x
EV/EBITDA now vs peer median 6.8xmedian 14.0x 6.0xmedian 9.8x -153.2xmedian 9.8x
P/FCF now vs peer median -294.4xmedian 21.7x 11.6xmedian 11.9x -120.2xmedian 11.9x
P/B now vs peer median 0.8xmedian 2.3x 1.2xmedian 1.2x 5.1xmedian 1.2x
PEG now vs peer median 0.14median 1.32 -1.03median 0.64 0.64median 0.64

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsCVGILZBXMAX
Revenue $673.98M $2.11B $16.05M
Gross profit $75.61M $936.07M $3.67M
Operating income $13.41M $105.12M -$3.29M
Net income -$23.05M $82.32M $29.83M
Free cash flow -$390.00K $102.33M -$4.51M
EPS (diluted) $-0.66 $2.04 $0.49
Cash & equivalents – $267.25M $34.63M
Total debt $91.78M – $1.83M
Shares (diluted) 34.77M 40.00M 61.00M
Enterprise value $114.84M -$12.26M $488.59M

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricCVGILZBXMAX
P/E -4.6x 14.6x 17.3x
P/FCF -294.4x 11.6x -120.2x
P/Operating cash flow 10.7x 6.5x -120.2x
P/S 0.2x 0.6x 33.7x
P/B 0.8x 1.2x 5.1x
P/Tangible book 0.9x 1.3x 5.1x
EV/EBITDA 6.8x 6.0x -153.2x
EV/EBIT 15.4x 8.8x -154.1x
EV/Revenue 0.3x 0.4x 31.6x
EV/FCF -529.8x 9.0x -112.6x
EV/Operating cash flow 19.3x 5.0x -112.6x
PEG (3Y EPS CAGR) 0.14 -1.03 0.64

Growth

14 metrics
MetricCVGILZBXMAX
Revenue growth (1Y) -0.4% 0.2% 63.5%
Revenue CAGR (3Y) -6.0% -1.8% 11.4%
Gross profit growth (1Y) 13.2% 1.5% -18.9%
Gross profit CAGR (3Y) -12.1% -0.1% 44.3%
Operating income growth (1Y) 425.0% -16.2% 12.6%
Operating income CAGR (3Y) -31.0% -18.4% 33.7%
Net income growth (1Y) 39.8% -11.0% 816.3%
Net income CAGR (3Y) -33.9% -16.4% 64.2%
EPS growth (1Y) 41.5% -7.9% 261.2%
EPS CAGR (3Y) -32.2% -14.2% 27.2%
Operating cash flow growth (1Y) 211.2% 7.1% -383.6%
Operating cash flow CAGR (3Y) -49.8% -2.5% -19.9%
Free cash flow growth (1Y) 98.2% 8.7% -383.6%
Free cash flow CAGR (3Y) -26.1% -9.2% -19.8%

Profitability

14 metrics
MetricCVGILZBXMAX
Gross margin 11.2% 44.4% 22.9%
EBITDA margin 4.5% 7.3% -20.6%
Operating margin 2.0% 5.0% -20.5%
Pretax margin -2.4% 5.2% 231.3%
Net margin -3.4% 3.9% 185.9%
FCF margin -0.1% 4.8% -28.1%
Operating cash flow margin 1.6% 8.7% -28.1%
Return on equity -17.3% 7.9% 40.7%
Return on assets -5.3% 4.1% 35.5%
Return on invested capital 5.9% – -3.6%
Return on capital employed 4.9% 6.7% -4.0%
Asset turnover 1.6x 1.0x 0.2x
Cash conversion (OCF / net income) -0.5x 2.2x -0.2x
Stock comp / revenue 0.7% 0.7% 20.0%

Financial Health

11 metrics
MetricCVGILZBXMAX
Debt / assets 20.2% – 0.1%
Debt / equity 0.7x – 0.0x
Net debt / EBITDA 3.0x – 10.4x
Debt / FCF -235.3x – 0.0x
Liabilities / assets 70.1% 48.6% 12.2%
Equity / assets 29.9% 51.4% 87.8%
Interest coverage 0.9x 169.3x –
Current ratio 2.0x 1.7x 28.8x
Quick ratio – 1.0x 23.2x
Cash ratio – 0.6x 21.2x
Altman Z-score 1.88 2.55 22.23

Shareholder Returns

7 metrics
MetricCVGILZBXMAX
Dividend yield – 3.2% –
Net buyback yield – 5.2% -12.9%
Shareholder yield – 8.4% -12.9%
Payout ratio (earnings) – 46.9% –
Payout ratio (FCF) – 37.7% –
Dividend growth (1Y) – 8.5% –
Dividend CAGR (3Y) – 8.0% –

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusCVGILZBXMAX
Forward P/E – 12.1xFY2026 –
EPS, next fiscal year $-0.20FY2026 $2.45FY2026 –
EPS growth, next FY – -19.4%FY2026 –
EPS growth, the year after – +22.0% –
Revenue, next fiscal year $777.74MFY2026 $2.22BFY2026 –
Revenue growth, next FY +19.8%FY2026 +4.3%FY2026 –
Revenue growth, the year after +3.3% -7.4% –

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersCVGILZBXMAX
Held by institutions 60.7% 99.3% 21.0%
Institutions holding 111 269 56
Change in shares held, QoQ +55.8% +0.0% +126.0%
Institutions buying 80 149 51
Institutions selling 20 70 5
Buyers to sellers 4.00 2.13 10.20

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

CVGILZBXMAX
CVGI 1.00 0.10 0.09
LZB 0.10 1.00 0.01
XMAX 0.09 0.01 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, CVGI, LZB and XMAX?

La-Z-Boy (LZB) is the largest by market capitalisation: Commercial Vehicle (CVGI) $114.84M, La-Z-Boy (LZB) $1.19B, XMax (XMAX) $541.55M.

Which stock is cheaper, CVGI, LZB and XMAX?

La-Z-Boy (LZB) trades on the lowest price-to-earnings ratio (Commercial Vehicle (CVGI) -4.6x, La-Z-Boy (LZB) 14.6x, XMax (XMAX) 17.3x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

XMax (XMAX) grew revenue fastest over the trailing twelve months: Commercial Vehicle (CVGI) -0.4%, La-Z-Boy (LZB) +0.2%, XMax (XMAX) +63.5%.

Which company is more profitable?

XMax (XMAX) has the highest net margin (Commercial Vehicle (CVGI) -3.4%, La-Z-Boy (LZB) 3.9%, XMax (XMAX) 185.9%). On return on invested capital, Commercial Vehicle (CVGI) leads (Commercial Vehicle (CVGI) 5.9%, XMax (XMAX) -3.6%).

Which stock has performed better?

Over the past year Commercial Vehicle (CVGI) returned the most: Commercial Vehicle (CVGI) +84.8%, La-Z-Boy (LZB) -9.2%, XMax (XMAX) +48.0%. Over five years, La-Z-Boy (LZB) compounded fastest (Commercial Vehicle (CVGI) -21.6%/yr, La-Z-Boy (LZB) -2.3%/yr, XMax (XMAX) -5.2%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Only one of these companies pays a dividend: La-Z-Boy (LZB) 3.24%. Commercial Vehicle (CVGI) and XMax (XMAX) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, XMax (XMAX) has been the steadiest (Commercial Vehicle (CVGI) 82.4%, La-Z-Boy (LZB) 43.2%, XMax (XMAX) 33.3%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, CVGI, LZB and XMAX?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, La-Z-Boy (LZB) leads on 4. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.