Market Cap
US$18.2b
Last Updated
2021/07/23 01:56 UTC
Data Sources
Company Financials +
Executive Summary
NVR, Inc. operates as a homebuilder in the United States. More Details
Rewards
Risk Analysis
Snowflake Analysis
Solid track record with adequate balance sheet.
Similar Companies
Share Price & News
How has NVR's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: NVR is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: NVR's weekly volatility (4%) has been stable over the past year.
Market Performance
7 Day Return
3.9%
NVR
1.8%
US Consumer Durables
0.4%
US Market
1 Year Return
34.6%
NVR
44.1%
US Consumer Durables
36.9%
US Market
Return vs Industry: NVR underperformed the US Consumer Durables industry which returned 45.8% over the past year.
Return vs Market: NVR matched the US Market which returned 35.1% over the past year.
Shareholder returns
| NVR | Industry | Market | |
|---|---|---|---|
| 7 Day | 3.9% | 1.8% | 0.4% |
| 30 Day | 4.0% | -0.5% | 1.6% |
| 90 Day | 3.1% | -5.1% | 2.7% |
| 1 Year | 34.6%34.6% | 45.7%44.1% | 39.1%36.9% |
| 3 Year | 76.2%76.2% | 71.3%64.8% | 61.0%51.0% |
| 5 Year | 191.5%191.5% | 75.7%63.3% | 122.5%97.8% |
Long-Term Price Volatility Vs. Market
How volatile is NVR's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall St
Is NVR (NYSE:NVR) Using Too Much Debt?2 weeks ago | Simply Wall St
Should You Investigate NVR, Inc. (NYSE:NVR) At US$5,114?4 weeks ago | Simply Wall St
Is NVR's (NYSE:NVR) Share Price Gain Of 176% Well Earned?Valuation
Is NVR undervalued compared to its fair value and its price relative to the market?
7.1%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: NVR ($5014.64) is trading below our estimate of fair value ($5397.54)
Significantly Below Fair Value: NVR is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: NVR is poor value based on its PE Ratio (16.3x) compared to the US Consumer Durables industry average (13x).
PE vs Market: NVR is good value based on its PE Ratio (16.3x) compared to the US market (18.9x).
Price to Earnings Growth Ratio
PEG Ratio: NVR is poor value based on its PEG Ratio (1.3x)
Price to Book Ratio
PB vs Industry: NVR is overvalued based on its PB Ratio (5.9x) compared to the US Consumer Durables industry average (1.9x).
Future Growth
How is NVR forecast to perform in the next 1 to 3 years based on estimates from 6 analysts?
12.8%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: NVR's forecast earnings growth (12.8% per year) is above the savings rate (2%).
Earnings vs Market: NVR's earnings (12.8% per year) are forecast to grow slower than the US market (15.1% per year).
High Growth Earnings: NVR's earnings are forecast to grow, but not significantly.
Revenue vs Market: NVR's revenue (9.4% per year) is forecast to grow faster than the US market (9.3% per year).
High Growth Revenue: NVR's revenue (9.4% 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 NVR's Return on Equity is forecast to be high in 3 years time
Past Performance
How has NVR performed over the past 5 years?
18.0%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: NVR has high quality earnings.
Growing Profit Margin: NVR's current net profit margins (13%) are higher than last year (11.5%).
Past Earnings Growth Analysis
Earnings Trend: NVR's earnings have grown by 18% per year over the past 5 years.
Accelerating Growth: NVR's earnings growth over the past year (38%) exceeds its 5-year average (18% per year).
Earnings vs Industry: NVR earnings growth over the past year (38%) underperformed the Consumer Durables industry 62.2%.
Return on Equity
High ROE: NVR's Return on Equity (37.2%) is considered high.
Financial Health
How is NVR's financial position?
Financial Position Analysis
Short Term Liabilities: NVR's short term assets ($5.0B) exceed its short term liabilities ($850.0M).
Long Term Liabilities: NVR's short term assets ($5.0B) exceed its long term liabilities ($2.0B).
Debt to Equity History and Analysis
Debt Level: NVR's debt to equity ratio (49.8%) is considered high.
Reducing Debt: NVR's debt to equity ratio has increased from 43.9% to 49.8% over the past 5 years.
Debt Coverage: NVR's debt is well covered by operating cash flow (78.2%).
Interest Coverage: NVR's interest payments on its debt are well covered by EBIT (30.3x coverage).
Balance Sheet
Dividend
What is NVR current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate NVR's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate NVR'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 NVR's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if NVR'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 NVR'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?
8.4yrs
Average management tenure
CEO
Paul Saville (65 yo)
16yrs
Tenure
US$4,012,200
Compensation
Mr. Paul C. Saville has been the Chief Executive Officer and President of NVR Inc. since July 1, 2005. Mr. Saville served as an Executive Vice President of Finance and Chief Financial Officer of NVR Inc. f...
CEO Compensation Analysis
Compensation vs Market: Paul's total compensation ($USD4.01M) is below average for companies of similar size in the US market ($USD11.26M).
Compensation vs Earnings: Paul's compensation has been consistent with company performance over the past year.
Leadership Team
Experienced Management: NVR's management team is seasoned and experienced (8.4 years average tenure).
Board Members
Experienced Board: NVR's board of directors are seasoned and experienced ( 12.6 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: NVR insiders have only sold shares 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
NVR, Inc.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: NVR, Inc.
- Ticker: NVR
- Exchange: NYSE
- Founded: 1980
- Industry: Homebuilding
- Sector: Consumer Durables
- Market Cap: US$18.236b
- Shares outstanding: 3.64m
- Website: https://www.nvrinc.com
Number of Employees
Location
- NVR, Inc.
- Plaza America Tower I
- Suite 500
- Reston
- Virginia
- 20190
- United States
Listings
Biography
NVR, Inc. operates as a homebuilder in the United States. The company operates in two segments, Homebuilding and Mortgage Banking. It primarily constructs and sells single-family detached homes, townhomes,...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/07/23 01:56 |
| End of Day Share Price | 2021/07/22 00:00 |
| Earnings | 2021/06/30 |
| Annual Earnings | 2020/12/31 |
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.