The New Home Company Inc. designs, constructs, and sells single-family detached and attached homes.
New Home Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||US$8.99|
|52 Week High||US$3.81|
|52 Week Low||US$9.00|
|1 Month Change||0.78%|
|3 Month Change||53.94%|
|1 Year Change||127.02%|
|3 Year Change||1.58%|
|5 Year Change||-10.01%|
|Change since IPO||-26.31%|
Recent News & Updates
These 4 Measures Indicate That New Home (NYSE:NWHM) Is Using Debt Extensively
Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Here's What's Concerning About New Home's (NYSE:NWHM) Returns On Capital
What underlying fundamental trends can indicate that a company might be in decline? Businesses in decline often have...
|NWHM||US Consumer Durables||US Market|
Return vs Industry: NWHM exceeded the US Consumer Durables industry which returned 47.2% over the past year.
Return vs Market: NWHM exceeded the US Market which returned 37.3% over the past year.
Stable Share Price: NWHM is more volatile than 90% of US stocks over the past 3 months, typically moving +/- 24% a week.
Volatility Over Time: NWHM's weekly volatility has increased from 13% to 24% over the past year.
About the Company
The New Home Company Inc. designs, constructs, and sells single-family detached and attached homes. The company operates through three segments: Arizona Homebuilding, California Homebuilding, and Fee Building. It builds and sells homes in metropolitan areas of California and Arizona, including Southern California, the San Francisco Bay area, metro Sacramento, and the greater Phoenix area; and Denver, Colorado.
New Home Fundamentals Summary
|NWHM fundamental statistics|
Is NWHM overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|NWHM income statement (TTM)|
|Cost of Revenue||US$439.18m|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||0.29|
|Net Profit Margin||1.02%|
How did NWHM perform over the long term?See historical performance and comparison
Is New 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: NWHM ($8.99) is trading below our estimate of fair value ($17.34)
Significantly Below Fair Value: NWHM is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: NWHM is poor value based on its PE Ratio (30.9x) compared to the US Consumer Durables industry average (11.5x).
PE vs Market: NWHM is poor value based on its PE Ratio (30.9x) compared to the US market (17.6x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate NWHM's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: NWHM is good value based on its PB Ratio (0.8x) compared to the US Consumer Durables industry average (1.9x).
How is New Home forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Consumer Durables industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as New Home has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
How has New Home performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: NWHM has a large one-off loss of $8.9M impacting its June 30 2021 financial results.
Growing Profit Margin: NWHM became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: NWHM's earnings have declined by 58.8% per year over the past 5 years.
Accelerating Growth: NWHM has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: NWHM has become profitable in the last year, making it difficult to compare its past year earnings growth to the Consumer Durables industry (67.3%).
Return on Equity
High ROE: NWHM's Return on Equity (2.6%) is considered low.
How is New Home's financial position?
Financial Position Analysis
Short Term Liabilities: NWHM's short term assets ($520.3M) exceed its short term liabilities ($59.9M).
Long Term Liabilities: NWHM's short term assets ($520.3M) exceed its long term liabilities ($282.9M).
Debt to Equity History and Analysis
Debt Level: NWHM's debt to equity ratio (138.4%) is considered high.
Reducing Debt: NWHM's debt to equity ratio has increased from 108.6% to 138.4% over the past 5 years.
Debt Coverage: NWHM's debt is well covered by operating cash flow (27.1%).
Interest Coverage: NWHM's interest payments on its debt are well covered by EBIT (7.1x coverage).
What is New Home current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate NWHM's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate NWHM's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if NWHM's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if NWHM's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of NWHM's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Leonard Miller (58 yo)
Mr. Leonard S. Miller has been the President and Chief Executive Officer of New Home Company Inc.since January 23, 2019 and August 30, 2019 respectively. Mr. Miller served as the Chief Operating Officer of...
CEO Compensation Analysis
Compensation vs Market: Leonard's total compensation ($USD1.47M) is above average for companies of similar size in the US market ($USD1.08M).
Compensation vs Earnings: Leonard's compensation has been consistent with company performance over the past year.
Experienced Management: NWHM's management team is considered experienced (2.8 years average tenure).
Experienced Board: NWHM's board of directors are considered experienced (7.6 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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
The New Home Company Inc.'s employee growth, exchange listings and data sources
- Name: The New Home Company Inc.
- Ticker: NWHM
- Exchange: NYSE
- Founded: 2009
- Industry: Homebuilding
- Sector: Consumer Durables
- Market Cap: US$163.264m
- Shares outstanding: 18.16m
- Website: https://www.nwhm.com
Number of Employees
- The New Home Company Inc.
- 15231 Laguna Canyon Road
- Suite 250
- United States
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/09/08 22:09|
|End of Day Share Price||2021/09/07 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.