company background image
P1HM

PulteGroup BOVESPA:P1HM34 Stock Report

Last Price

US$214.50

Market Cap

US$49.0b

7D

6.7%

1Y

-33.5%

Updated

01 May, 2022

Data

Company Financials +
P1HM34 fundamental analysis
Snowflake Score
Valuation4/6
Future Growth1/6
Past Performance6/6
Financial Health6/6
Dividends3/6

P1HM34 Stock Overview

PulteGroup, Inc., through its subsidiaries, primarily engages in the homebuilding business in the United States.

PulteGroup Competitors

Price History & Performance

Summary of all time highs, changes and price drops for PulteGroup
Historical stock prices
Current Share PriceUS$214.50
52 Week HighUS$331.18
52 Week LowUS$200.95
Beta1.42
1 Month Change0.23%
3 Month Change-21.72%
1 Year Change-33.55%
3 Year Changen/a
5 Year Changen/a
Change since IPO37.70%

Recent News & Updates

Shareholder Returns

P1HM34BR Consumer DurablesBR Market
7D6.7%-3.4%-2.9%
1Y-33.5%-42.0%-16.7%

Return vs Industry: P1HM34 exceeded the BR Consumer Durables industry which returned -42% over the past year.

Return vs Market: P1HM34 underperformed the BR Market which returned -16.7% over the past year.

Price Volatility

Is P1HM34's price volatile compared to industry and market?
P1HM34 volatility
P1HM34 Average Weekly Movementn/a
Consumer Durables Industry Average Movement6.7%
Market Average Movement6.1%
10% most volatile stocks in BR Market9.3%
10% least volatile stocks in BR Market2.9%

Stable Share Price: Insufficient data to determine P1HM34's volatility over the past 3 months.

Volatility Over Time: Insufficient data to determine P1HM34's volatility change over the past year.

About the Company

FoundedEmployeesCEOWebsite
19506,182Ryan Marshallhttps://www.pultegroup.com

PulteGroup, Inc., through its subsidiaries, primarily engages in the homebuilding business in the United States. It acquires and develops land primarily for residential purposes; and constructs housing on such land. The company also offers various home designs, including single-family detached, townhomes, condominiums, and duplexes under the Centex, Pulte Homes, Del Webb, DiVosta Homes, American West, and John Wieland Homes and Neighborhoods brand names.

PulteGroup Fundamentals Summary

How do PulteGroup's earnings and revenue compare to its market cap?
P1HM34 fundamental statistics
Market CapUS$9.92b
Earnings (TTM)US$2.08b
Revenue (TTM)US$14.38b

4.8x

P/E Ratio

0.7x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
P1HM34 income statement (TTM)
RevenueUS$14.38b
Cost of RevenueUS$10.23b
Gross ProfitUS$3.98b
Other ExpensesUS$1.90b
EarningsUS$2.08b

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)8.75
Gross Margin27.70%
Net Profit Margin14.46%
Debt/Equity Ratio32.8%

How did P1HM34 perform over the long term?

See historical performance and comparison

Dividends

1.4%

Current Dividend Yield

7%

Payout Ratio

Valuation

Is PulteGroup undervalued compared to its fair value and its price relative to the market?

Valuation Score

4/6

Valuation Score 4/6

  • Below Fair Value

  • Significantly Below Fair Value

  • PE vs Industry

  • PE vs Market

  • PEG Ratio

  • PB vs Industry


37.7%

Undervalued compared to fair value

Share Price vs. Fair Value

Below Fair Value: P1HM34 (R$214.5) is trading below our estimate of fair value (R$344.21)

Significantly Below Fair Value: P1HM34 is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: P1HM34 is good value based on its PE Ratio (4.8x) compared to the BR Consumer Durables industry average (6.8x).

PE vs Market: P1HM34 is good value based on its PE Ratio (4.8x) compared to the BR market (9.6x).


Price to Earnings Growth Ratio

PEG Ratio: P1HM34 is poor value based on its PEG Ratio (18x)


Price to Book Ratio

PB vs Industry: P1HM34 is overvalued based on its PB Ratio (1.3x) compared to the BR Consumer Durables industry average (0.8x).


Future Growth

How is PulteGroup forecast to perform in the next 1 to 3 years based on estimates from 13 analysts?

Future Growth Score

1/6

Future Growth Score 1/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


0.3%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: P1HM34's forecast earnings growth (0.3% per year) is below the savings rate (9.1%).

Earnings vs Market: P1HM34's earnings (0.3% per year) are forecast to grow slower than the BR market (6% per year).

High Growth Earnings: P1HM34's earnings are forecast to grow, but not significantly.

Revenue vs Market: P1HM34's revenue (6% per year) is forecast to grow slower than the BR market (7.7% per year).

High Growth Revenue: P1HM34's revenue (6% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: P1HM34's Return on Equity is forecast to be high in 3 years time (25.3%)


Past Performance

How has PulteGroup performed over the past 5 years?

Past Performance Score

6/6

Past Performance Score 6/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


26.2%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: P1HM34 has high quality earnings.

Growing Profit Margin: P1HM34's current net profit margins (14.5%) are higher than last year (13%).


Past Earnings Growth Analysis

Earnings Trend: P1HM34's earnings have grown significantly by 26.2% per year over the past 5 years.

Accelerating Growth: P1HM34's earnings growth over the past year (39.2%) exceeds its 5-year average (26.2% per year).

Earnings vs Industry: P1HM34 earnings growth over the past year (39.2%) exceeded the Consumer Durables industry 37.6%.


Return on Equity

High ROE: P1HM34's Return on Equity (28.3%) is considered high.


Financial Health

How is PulteGroup's financial position?

Financial Health Score

6/6

Financial Health Score 6/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: P1HM34's short term assets ($12.1B) exceed its short term liabilities ($2.5B).

Long Term Liabilities: P1HM34's short term assets ($12.1B) exceed its long term liabilities ($3.3B).


Debt to Equity History and Analysis

Debt Level: P1HM34's net debt to equity ratio (17.1%) is considered satisfactory.

Reducing Debt: P1HM34's debt to equity ratio has reduced from 70.2% to 32.8% over the past 5 years.

Debt Coverage: P1HM34's debt is well covered by operating cash flow (42.6%).

Interest Coverage: P1HM34 earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


Dividend

What is PulteGroup current dividend yield, its reliability and sustainability?

Dividend Score

3/6

Dividend Score 3/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage


1.44%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: P1HM34's dividend (1.44%) is higher than the bottom 25% of dividend payers in the BR market (1.4%).

High Dividend: P1HM34's dividend (1.44%) is low compared to the top 25% of dividend payers in the BR market (6.58%).


Stability and Growth of Payments

Stable Dividend: Whilst dividend payments have been stable, P1HM34 has been paying a dividend for less than 10 years.

Growing Dividend: P1HM34's dividend payments have increased, but the company has only paid a dividend for 9 years.


Earnings Payout to Shareholders

Earnings Coverage: With its low payout ratio (7%), P1HM34's dividend payments are thoroughly covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its low cash payout ratio (15.1%), P1HM34's dividend payments are well covered by cash flows.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

5.2yrs

Average management tenure


CEO

Ryan Marshall (46 yo)

6.17yrs

Tenure

US$16,149,555

Compensation

Mr. Ryan R. Marshall serves as Director at Floor & Decor Holdings, Inc. since January 1, 2021. He has been the Chief Executive Officer of PulteGroup, Inc. since September 8, 2016 and its President since Fe...


CEO Compensation Analysis

Compensation vs Market: Ryan's total compensation ($USD16.15M) is above average for companies of similar size in the BR market ($USD6.47M).

Compensation vs Earnings: Ryan's compensation has increased by more than 20% in the past year.


Leadership Team

Experienced Management: P1HM34's management team is seasoned and experienced (5.2 years average tenure).


Board Members

Experienced Board: P1HM34's board of directors are considered experienced (6.3 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

PulteGroup, Inc.'s employee growth, exchange listings and data sources


Key Information

  • Name: PulteGroup, Inc.
  • Ticker: P1HM34
  • Exchange: BOVESPA
  • Founded: 1950
  • Industry: Homebuilding
  • Sector: Consumer Durables
  • Implied Market Cap: US$9.923b
  • Listing Market Cap: US$49.034b
  • Shares outstanding: 237.63m
  • Website: https://www.pultegroup.com

Number of Employees


Location

  • PulteGroup, Inc.
  • 3350 Peachtree Road NE
  • Suite 1500
  • Atlanta
  • Georgia
  • 30326
  • United States

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/05/01 00:00
End of Day Share Price2022/04/29 00:00
Earnings2022/03/31
Annual Earnings2021/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.