KB Home operates as a homebuilding company in the United States.
KB Home Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||US$41.45|
|52 Week High||US$30.25|
|52 Week Low||US$52.48|
|1 Month Change||-4.63%|
|3 Month Change||1.69%|
|1 Year Change||7.27%|
|3 Year Change||74.90%|
|5 Year Change||160.20%|
|Change since IPO||462.03%|
Recent News & Updates
|KBH||US Consumer Durables||US Market|
Return vs Industry: KBH underperformed the US Consumer Durables industry which returned 32.8% over the past year.
Return vs Market: KBH underperformed the US Market which returned 32.8% over the past year.
Stable Share Price: KBH is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: KBH's weekly volatility (4%) has been stable over the past year.
About the Company
KB Home operates as a homebuilding company in the United States. It operates through four segments: West Coast, Southwest, Central, and Southeast. It builds and sells various homes, including attached and detached single-family residential homes, townhomes, and condominiums primarily for first-time, first move-up, second move-up, and active adult homebuyers.
KB Home Fundamentals Summary
|KBH fundamental statistics|
Is KBH overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|KBH income statement (TTM)|
|Cost of Revenue||US$4.11b|
Last Reported Earnings
Aug 31, 2021
Next Earnings Date
|Earnings per share (EPS)||5.66|
|Net Profit Margin||9.44%|
How did KBH perform over the long term?See historical performance and comparison
1.4%Current Dividend Yield
Is KB Home undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: KBH ($41.45) is trading below our estimate of fair value ($66.34)
Significantly Below Fair Value: KBH is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: KBH is good value based on its PE Ratio (7.3x) compared to the US Consumer Durables industry average (11.2x).
PE vs Market: KBH is good value based on its PE Ratio (7.3x) compared to the US market (18.1x).
Price to Earnings Growth Ratio
PEG Ratio: KBH is good value based on its PEG Ratio (0.4x)
Price to Book Ratio
PB vs Industry: KBH is good value based on its PB Ratio (1.3x) compared to the US Consumer Durables industry average (2.1x).
How is KB Home forecast to perform in the next 1 to 3 years based on estimates from 12 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: KBH's forecast earnings growth (20.8% per year) is above the savings rate (2%).
Earnings vs Market: KBH's earnings (20.8% per year) are forecast to grow faster than the US market (15% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: KBH's revenue (15.5% per year) is forecast to grow faster than the US market (9.8% per year).
High Growth Revenue: KBH's revenue (15.5% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: KBH's Return on Equity is forecast to be low in 3 years time (17.2%).
How has KB Home performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: KBH has high quality earnings.
Growing Profit Margin: KBH's current net profit margins (9.4%) are higher than last year (6.9%).
Past Earnings Growth Analysis
Earnings Trend: KBH's earnings have grown significantly by 29.4% per year over the past 5 years.
Accelerating Growth: KBH's earnings growth over the past year (58.9%) exceeds its 5-year average (29.4% per year).
Earnings vs Industry: KBH earnings growth over the past year (58.9%) underperformed the Consumer Durables industry 77.1%.
Return on Equity
High ROE: KBH's Return on Equity (17.5%) is considered low.
How is KB Home's financial position?
Financial Position Analysis
Short Term Liabilities: KBH's short term assets ($5.3B) exceed its short term liabilities ($1.1B).
Long Term Liabilities: KBH's short term assets ($5.3B) exceed its long term liabilities ($1.9B).
Debt to Equity History and Analysis
Debt Level: KBH's debt to equity ratio (65.6%) is considered high.
Reducing Debt: KBH's debt to equity ratio has reduced from 158.9% to 65.6% over the past 5 years.
Debt Coverage: KBH's debt is not well covered by operating cash flow (7.4%).
Interest Coverage: KBH earns more interest than it pays, so coverage of interest payments is not a concern.
What is KB Home current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: KBH's dividend (1.45%) is higher than the bottom 25% of dividend payers in the US market (1.3%).
High Dividend: KBH's dividend (1.45%) is low compared to the top 25% of dividend payers in the US market (3.57%).
Stability and Growth of Payments
Stable Dividend: KBH's dividend payments have been volatile in the past 10 years.
Growing Dividend: KBH's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (11.1%), KBH's dividend payments are thoroughly covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: KBH's dividends in 3 years are forecast to be thoroughly covered by earnings (7.7% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Jeff Mezger (65 yo)
Mr. Jeffrey T. Mezger, also known as Jeff, has been the Chief Executive Officer and President of KB Home since November 12, 2006 and has been its Chairman since August 17, 2016. As a respected industry voi...
CEO Compensation Analysis
Compensation vs Market: Jeff's total compensation ($USD13.90M) is above average for companies of similar size in the US market ($USD5.22M).
Compensation vs Earnings: Jeff's compensation has been consistent with company performance over the past year.
Experienced Management: KBH's management team is seasoned and experienced (11.3 years average tenure).
Experienced Board: KBH's board of directors are considered experienced (4.5 years average tenure).
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.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
KB Home's employee growth, exchange listings and data sources
- Name: KB Home
- Ticker: KBH
- Exchange: NYSE
- Founded: 1957
- Industry: Homebuilding
- Sector: Consumer Durables
- Market Cap: US$3.625b
- Shares outstanding: 87.44m
- Website: https://www.kbhome.com
Number of Employees
- KB Home
- 10990 Wilshire Boulevard
- 7th Floor
- Los Angeles
- United States
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/09/27 22:55|
|End of Day Share Price||2021/09/27 00:00|
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.