PulteGroup
Market Cap
US$14.3b
Last Updated
2021/06/15 02:16 UTC
Data Sources
Company Financials +
Executive Summary
PulteGroup, Inc., through its subsidiaries, primarily engages in the homebuilding business in the United States. More Details
Rewards
Risk Analysis
Snowflake Analysis
Flawless balance sheet and undervalued.
Similar Companies
Share Price & News
How has PulteGroup's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: PHM is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: PHM's weekly volatility (5%) has been stable over the past year.
Market Performance
7 Day Return
-5.6%
PHM
-4.7%
US Consumer Durables
0.8%
US Market
1 Year Return
49.9%
PHM
62.1%
US Consumer Durables
43.1%
US Market
Return vs Industry: PHM underperformed the US Consumer Durables industry which returned 62.1% over the past year.
Return vs Market: PHM exceeded the US Market which returned 43.1% over the past year.
Shareholder returns
| PHM | Industry | Market | |
|---|---|---|---|
| 7 Day | -5.6% | -4.7% | 0.8% |
| 30 Day | -8.4% | -5.7% | 3.0% |
| 90 Day | 9.0% | 1.6% | 4.8% |
| 1 Year | 51.6%49.9% | 63.7%62.1% | 45.5%43.1% |
| 3 Year | 88.0%80.7% | 65.0%58.8% | 60.2%50.3% |
| 5 Year | 200.3%180.4% | 86.5%73.2% | 126.4%101.0% |
Long-Term Price Volatility Vs. Market
How volatile is PulteGroup's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall St
Here's What We Like About PulteGroup's (NYSE:PHM) Upcoming Dividend2 weeks ago | Simply Wall St
An Intrinsic Calculation For PulteGroup, Inc. (NYSE:PHM) Suggests It's 27% Undervalued4 weeks ago | Simply Wall St
Here's Why I Think PulteGroup (NYSE:PHM) Is An Interesting StockValuation
Is PulteGroup undervalued compared to its fair value and its price relative to the market?
32.0%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: PHM ($53.53) is trading below our estimate of fair value ($78.78)
Significantly Below Fair Value: PHM is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: PHM is good value based on its PE Ratio (9.6x) compared to the US Consumer Durables industry average (15x).
PE vs Market: PHM is good value based on its PE Ratio (9.6x) compared to the US market (19.7x).
Price to Earnings Growth Ratio
PEG Ratio: PHM is good value based on its PEG Ratio (0.6x)
Price to Book Ratio
PB vs Industry: PHM's PB Ratio (2.1x) is in line with the US Consumer Durables industry average.
Future Growth
How is PulteGroup forecast to perform in the next 1 to 3 years based on estimates from 10 analysts?
15.8%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: PHM's forecast earnings growth (15.8% per year) is above the savings rate (2%).
Earnings vs Market: PHM's earnings (15.8% per year) are forecast to grow faster than the US market (15.5% per year).
High Growth Earnings: PHM's earnings are forecast to grow, but not significantly.
Revenue vs Market: PHM's revenue (14.3% per year) is forecast to grow faster than the US market (9.3% per year).
High Growth Revenue: PHM's revenue (14.3% 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 PHM's Return on Equity is forecast to be high in 3 years time
Past Performance
How has PulteGroup performed over the past 5 years?
21.9%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: PHM has high quality earnings.
Growing Profit Margin: PHM's current net profit margins (13%) are higher than last year (9.9%).
Past Earnings Growth Analysis
Earnings Trend: PHM's earnings have grown significantly by 21.9% per year over the past 5 years.
Accelerating Growth: PHM's earnings growth over the past year (43.2%) exceeds its 5-year average (21.9% per year).
Earnings vs Industry: PHM earnings growth over the past year (43.2%) underperformed the Consumer Durables industry 65.3%.
Return on Equity
High ROE: PHM's Return on Equity (22.5%) is considered high.
Financial Health
How is PulteGroup's financial position?
Financial Position Analysis
Short Term Liabilities: PHM's short term assets ($10.6B) exceed its short term liabilities ($2.0B).
Long Term Liabilities: PHM's short term assets ($10.6B) exceed its long term liabilities ($2.8B).
Debt to Equity History and Analysis
Debt Level: PHM's debt to equity ratio (34.4%) is considered satisfactory.
Reducing Debt: PHM's debt to equity ratio has reduced from 67.4% to 34.4% over the past 5 years.
Debt Coverage: PHM's debt is well covered by operating cash flow (76.3%).
Interest Coverage: PHM earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
Dividend
What is PulteGroup current dividend yield, its reliability and sustainability?
1.05%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: PHM's dividend (1.05%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.27%).
High Dividend: PHM's dividend (1.05%) is low compared to the top 25% of dividend payers in the US market (3.36%).
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, PHM has been paying a dividend for less than 10 years.
Growing Dividend: PHM's dividend payments have increased, but the company has only paid a dividend for 8 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (8.9%), PHM's dividend payments are thoroughly covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: PHM's dividends in 3 years are forecast to be thoroughly covered by earnings (6.5% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
4.3yrs
Average management tenure
CEO
Ryan Marshall (45 yo)
4.75yrs
Tenure
US$13,157,584
Compensation
Mr. Ryan R. Marshall serves as Director at Floor & Decor Holdings, Inc. since January 1, 2021. He has been the Chief Executive Officer of PulteGroup, Inc. since September 8, 2016 and its President since Fe...
CEO Compensation Analysis
Compensation vs Market: Ryan's total compensation ($USD13.16M) is about average for companies of similar size in the US market ($USD11.15M).
Compensation vs Earnings: Ryan's compensation has increased by more than 20% in the past year.
Leadership Team
Experienced Management: PHM's management team is considered experienced (4.3 years average tenure).
Board Members
Experienced Board: PHM's board of directors are considered experienced (4.9 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: PHM 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
PulteGroup, Inc.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: PulteGroup, Inc.
- Ticker: PHM
- Exchange: NYSE
- Founded: 1950
- Industry: Homebuilding
- Sector: Consumer Durables
- Market Cap: US$14.290b
- Shares outstanding: 262.97m
- Website: https://www.pultegroup.com
Number of Employees
Location
- PulteGroup, Inc.
- 3350 Peachtree Road NE
- Suite 150
- Atlanta
- Georgia
- 30326
- United States
Listings
Biography
PulteGroup, Inc., through its subsidiaries, primarily engages in the homebuilding business in the United States. The company acquires and develops land primarily for residential purposes; and constructs ho...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/06/15 02:16 |
| End of Day Share Price | 2021/06/14 00:00 |
| Earnings | 2021/03/31 |
| 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.