NasdaqCM:GRBK

Stock Analysis Report

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Market Cap

US$1.3b

Last Updated

2021/07/31 00:40 UTC

Data Sources

Company Financials +

Executive Summary

Green Brick Partners, Inc. operates as a homebuilding and land development company in the United States. More Details


Snowflake Analysis

Undervalued with solid track record.


Similar Companies

Share Price & News

How has Green Brick Partners's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: GRBK is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 7% a week.

Volatility Over Time: GRBK's weekly volatility (7%) has been stable over the past year.


Market Performance


7 Day Return

8.2%

GRBK

4.6%

US Consumer Durables

0.8%

US Market


1 Year Return

81.7%

GRBK

46.0%

US Consumer Durables

37.5%

US Market

Return vs Industry: GRBK exceeded the US Consumer Durables industry which returned 46% over the past year.

Return vs Market: GRBK exceeded the US Market which returned 37.5% over the past year.


Shareholder returns

GRBKIndustryMarket
7 Day8.2%4.6%0.8%
30 Day10.2%1.9%1.0%
90 Day-2.9%-2.4%3.8%
1 Year81.7%81.7%47.5%46.0%39.7%37.5%
3 Year166.7%166.7%83.6%76.7%64.4%54.1%
5 Year245.3%245.3%87.2%73.6%124.9%100.0%

Long-Term Price Volatility Vs. Market

How volatile is Green Brick Partners's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Green Brick Partners undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: GRBK ($25.07) is trading below our estimate of fair value ($63.17)

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


Price To Earnings Ratio

PE vs Industry: GRBK is good value based on its PE Ratio (10.3x) compared to the US Consumer Durables industry average (12.6x).

PE vs Market: GRBK is good value based on its PE Ratio (10.3x) compared to the US market (18.4x).


Price to Earnings Growth Ratio

PEG Ratio: GRBK is good value based on its PEG Ratio (0.6x)


Price to Book Ratio

PB vs Industry: GRBK's PB Ratio (1.9x) is in line with the US Consumer Durables industry average.


Future Growth

How is Green Brick Partners forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?

18.2%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: GRBK's forecast earnings growth (18.2% per year) is above the savings rate (2%).

Earnings vs Market: GRBK's earnings (18.2% per year) are forecast to grow faster than the US market (14.9% per year).

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

Revenue vs Market: GRBK's revenue (19.9% per year) is forecast to grow faster than the US market (9.2% per year).

High Growth Revenue: GRBK's revenue (19.9% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if GRBK's Return on Equity is forecast to be high in 3 years time


Past Performance

How has Green Brick Partners performed over the past 5 years?

39.7%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: GRBK has high quality earnings.

Growing Profit Margin: GRBK's current net profit margins (12.4%) are higher than last year (7.4%).


Past Earnings Growth Analysis

Earnings Trend: GRBK's earnings have grown significantly by 39.7% per year over the past 5 years.

Accelerating Growth: GRBK's earnings growth over the past year (99.7%) exceeds its 5-year average (39.7% per year).

Earnings vs Industry: GRBK earnings growth over the past year (99.7%) exceeded the Consumer Durables industry 66.3%.


Return on Equity

High ROE: GRBK's Return on Equity (18.6%) is considered low.


Financial Health

How is Green Brick Partners's financial position?


Financial Position Analysis

Short Term Liabilities: GRBK's short term assets ($995.1M) exceed its short term liabilities ($146.1M).

Long Term Liabilities: GRBK's short term assets ($995.1M) exceed its long term liabilities ($241.4M).


Debt to Equity History and Analysis

Debt Level: GRBK's debt to equity ratio (34.6%) is considered satisfactory.

Reducing Debt: GRBK's debt to equity ratio has increased from 19.9% to 34.6% over the past 5 years.

Debt Coverage: GRBK's debt is not well covered by operating cash flow (10.8%).

Interest Coverage: Insufficient data to determine if GRBK's interest payments on its debt are well covered by EBIT.


Balance Sheet


Dividend

What is Green Brick Partners's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate GRBK's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate GRBK's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if GRBK's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if GRBK's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of GRBK's dividend in 3 years as they are not forecast to pay a notable one for the US market.


Next Steps

Management

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

2.3yrs

Average management tenure


CEO

Jim Brickman (69 yo)

6.75yrs

Tenure

US$3,483,687

Compensation

Mr. James R. Brickman, also known as Jim, has been the Chief Executive Officer at Green Brick Partners, Inc. since October 2014. Mr. Brickman has been Co-Founder at Green Brick Partners, Inc. since 2018. M...


CEO Compensation Analysis

Compensation vs Market: Jim's total compensation ($USD3.48M) is about average for companies of similar size in the US market ($USD3.66M).

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


Leadership Team

Experienced Management: GRBK's management team is considered experienced (2.3 years average tenure).


Board Members

Experienced Board: GRBK's board of directors are considered experienced (6.8 years average tenure).


Ownership

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


Insider Trading Volume

Insider Buying: GRBK insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

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


Top Shareholders

Company Information

Green Brick Partners, Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Green Brick Partners, Inc.
  • Ticker: GRBK
  • Exchange: NasdaqCM
  • Founded: 2006
  • Industry: Homebuilding
  • Sector: Consumer Durables
  • Market Cap: US$1.270b
  • Shares outstanding: 50.73m
  • Website: https://greenbrickpartners.com

Number of Employees


Location

  • Green Brick Partners, Inc.
  • 2805 Dallas Parkway
  • Suite 400
  • Plano
  • Texas
  • 75093
  • United States

Listings


Biography

Green Brick Partners, Inc. operates as a homebuilding and land development company in the United States. It operates in three segments: Builder operations Central, Builder operations Southeast, and Land de...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/07/31 00:40
End of Day Share Price2021/07/30 00:00
Earnings2021/03/31
Annual Earnings2020/12/31


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.