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NVR

NVRNYSE:NVR Stock Report

Market Cap

US$17.7b

7D

-2.3%

1Y

26.0%

Updated

25 Sep, 2021

Data

Company Financials +
NVR fundamental analysis
Snowflake Score
Valuation4/6
Future Growth3/6
Past Performance5/6
Financial Health4/6
Dividends0/6

NVR Overview

NVR, Inc. operates as a homebuilder in the United States.

NVR Competitors

Price History & Performance

Summary of all time highs, changes and price drops for NVR
Historical stock prices
Current Share PriceUS$4,952.96
52 Week HighUS$3,868.01
52 Week LowUS$5,332.08
Beta1.02
1 Month Change-2.94%
3 Month Change2.24%
1 Year Change26.01%
3 Year Change100.46%
5 Year Change202.03%
Change since IPO96,543.12%

Recent News & Updates

Shareholder Returns

NVRUS Consumer DurablesUS Market
7D-2.3%-0.9%0.1%
1Y26.0%37.9%35.3%

Return vs Industry: NVR underperformed the US Consumer Durables industry which returned 37.9% over the past year.

Return vs Market: NVR underperformed the US Market which returned 35.3% over the past year.

Price Volatility

Is NVR's price volatile compared to industry and market?
NVR volatility
NVR Beta1.02
Industry Beta1.45
Market Beta1

Stable Share Price: NVR is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 3% a week.

Volatility Over Time: NVR's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19806,100Paul Savillehttps://www.nvrinc.com

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, and condominium buildings under the Ryan Homes, NVHomes, and Heartland Homes names.

NVR Fundamentals Summary

How do NVR's earnings and revenue compare to its market cap?
NVR fundamental statistics
Market CapUS$17.73b
Earnings (TTM)US$1.13b
Revenue (TTM)US$8.68b

15.7x

P/E Ratio

2.0x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
NVR income statement (TTM)
RevenueUS$8.68b
Cost of RevenueUS$6.68b
Gross ProfitUS$1.91b
ExpensesUS$782.57m
EarningsUS$1.13b

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)316.14
Gross Margin22.05%
Net Profit Margin13.04%
Debt/Equity Ratio49.9%

How did NVR perform over the long term?

See historical performance and comparison

Valuation

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

40.1%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: NVR ($4952.96) is trading below our estimate of fair value ($8266.33)

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


Price To Earnings Ratio

PE vs Industry: NVR is poor value based on its PE Ratio (15.7x) compared to the US Consumer Durables industry average (11.1x).

PE vs Market: NVR is good value based on its PE Ratio (15.7x) compared to the US market (17.9x).


Price to Earnings Growth Ratio

PEG Ratio: NVR is good value based on its PEG Ratio (0.9x)


Price to Book Ratio

PB vs Industry: NVR is overvalued based on its PB Ratio (5.8x) compared to the US Consumer Durables industry average (2.1x).


Future Growth

How is NVR forecast to perform in the next 1 to 3 years based on estimates from 6 analysts?

16.8%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: NVR's forecast earnings growth (16.8% per year) is above the savings rate (2%).

Earnings vs Market: NVR's earnings (16.8% per year) are forecast to grow faster than the US market (14.8% per year).

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

Revenue vs Market: NVR's revenue (10.4% per year) is forecast to grow faster than the US market (9.8% per year).

High Growth Revenue: NVR's revenue (10.4% 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 77.1%.


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 ($834.4M).

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 (49.9%) is considered high.

Reducing Debt: NVR's debt to equity ratio has increased from 43.9% to 49.9% over the past 5 years.

Debt Coverage: NVR's debt is well covered by operating cash flow (70.9%).

Interest Coverage: NVR's interest payments on its debt are well covered by EBIT (29.3x 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?

8.6yrs

Average management tenure


CEO

Paul Saville (65 yo)

16.17yrs

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 ($USD4.01M) is below average for companies of similar size in the US market ($USD11.36M).

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 (8.6 years average tenure).


Board Members

Experienced Board: NVR's board of directors are seasoned and experienced ( 12.8 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.


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 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$17.728b
  • Shares outstanding: 3.58m
  • Website: https://www.nvrinc.com

Number of Employees


Location

  • NVR, Inc.
  • Plaza America Tower I
  • Suite 500
  • Reston
  • Virginia
  • 20190
  • United States

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/09/25 22:15
End of Day Share Price2021/09/24 00:00
Earnings2021/06/30
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.