TOL Stock Overview
Toll Brothers, Inc., together with its subsidiaries, designs, builds, markets, sells, and arranges finance for a range of detached and attached homes in luxury residential communities in the United States.
Toll Brothers Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||US$64.47|
|52 Week High||US$68.88|
|52 Week Low||US$41.22|
|1 Month Change||8.35%|
|3 Month Change||0.047%|
|1 Year Change||35.56%|
|3 Year Change||95.54%|
|5 Year Change||119.88%|
|Change since IPO||8,496.00%|
Recent News & Updates
A Look At The Fair Value Of Toll Brothers, Inc. (NYSE:TOL)
In this article we are going to estimate the intrinsic value of Toll Brothers, Inc. ( NYSE:TOL ) by taking the expected...
Toll Brothers: Growth Has Peaked
Toll Brothers have positioned themselves in fast-growing regions in the United States, driving housing growth and demand. But as those markets begin cooling down, the company's potential growth rate is unlikely to outperform the overall market. As a result, I turn neutral on the company's long-term prospects.
|TOL||US Consumer Durables||US Market|
Return vs Industry: TOL exceeded the US Consumer Durables industry which returned 26.4% over the past year.
Return vs Market: TOL exceeded the US Market which returned 21.3% over the past year.
|TOL Average Weekly Movement||3.9%|
|Consumer Durables Industry Average Movement||5.5%|
|Market Average Movement||5.9%|
|10% most volatile stocks in US Market||15.1%|
|10% least volatile stocks in US Market||2.2%|
Stable Share Price: TOL is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: TOL's weekly volatility (4%) has been stable over the past year.
About the Company
Toll Brothers, Inc., together with its subsidiaries, designs, builds, markets, sells, and arranges finance for a range of detached and attached homes in luxury residential communities in the United States. The company operates in two segments, Traditional Home Building and Urban Infill. It also designs, builds, markets, and sells homes in urban infill markets through Toll Brothers City Living.
Toll Brothers Fundamentals Summary
|TOL fundamental statistics|
Is TOL overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|TOL income statement (TTM)|
|Cost of Revenue||US$6.49b|
Last Reported Earnings
Jul 31, 2021
Next Earnings Date
Dec 07, 2021
|Earnings per share (EPS)||5.41|
|Net Profit Margin||7.94%|
How did TOL perform over the long term?See historical performance and comparison
1.1%Current Dividend Yield
Is Toll Brothers 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: TOL ($64.47) is trading below our estimate of fair value ($74.78)
Significantly Below Fair Value: TOL is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: TOL is poor value based on its PE Ratio (11.9x) compared to the US Consumer Durables industry average (10.8x).
PE vs Market: TOL is good value based on its PE Ratio (11.9x) compared to the US market (17.2x).
Price to Earnings Growth Ratio
PEG Ratio: TOL is poor value based on its PEG Ratio (1.2x)
Price to Book Ratio
PB vs Industry: TOL is good value based on its PB Ratio (1.6x) compared to the US Consumer Durables industry average (1.9x).
How is Toll Brothers forecast to perform in the next 1 to 3 years based on estimates from 15 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: TOL's forecast earnings growth (9.8% per year) is above the savings rate (2%).
Earnings vs Market: TOL's earnings (9.8% per year) are forecast to grow slower than the US market (14.3% per year).
High Growth Earnings: TOL's earnings are forecast to grow, but not significantly.
Revenue vs Market: TOL's revenue (6.7% per year) is forecast to grow slower than the US market (10.1% per year).
High Growth Revenue: TOL's revenue (6.7% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: TOL's Return on Equity is forecast to be low in 3 years time (16.3%).
How has Toll Brothers performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: TOL has high quality earnings.
Growing Profit Margin: TOL's current net profit margins (7.9%) are higher than last year (6.5%).
Past Earnings Growth Analysis
Earnings Trend: TOL's earnings have grown by 4.3% per year over the past 5 years.
Accelerating Growth: TOL's earnings growth over the past year (46.5%) exceeds its 5-year average (4.3% per year).
Earnings vs Industry: TOL earnings growth over the past year (46.5%) underperformed the Consumer Durables industry 69.8%.
Return on Equity
High ROE: TOL's Return on Equity (13%) is considered low.
How is Toll Brothers's financial position?
Financial Position Analysis
Short Term Liabilities: TOL's short term assets ($9.8B) exceed its short term liabilities ($2.0B).
Long Term Liabilities: TOL's short term assets ($9.8B) exceed its long term liabilities ($4.2B).
Debt to Equity History and Analysis
Debt Level: TOL's net debt to equity ratio (52%) is considered high.
Reducing Debt: TOL's debt to equity ratio has reduced from 92.7% to 70.6% over the past 5 years.
Debt Coverage: TOL's debt is well covered by operating cash flow (36.6%).
Interest Coverage: TOL earns more interest than it pays, so coverage of interest payments is not a concern.
What is Toll Brothers's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: TOL's dividend (1.05%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.32%).
High Dividend: TOL's dividend (1.05%) is low compared to the top 25% of dividend payers in the US market (3.58%).
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, TOL has been paying a dividend for less than 10 years.
Growing Dividend: TOL's dividend payments have increased, but the company has only paid a dividend for 5 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (10.7%), TOL's dividend payments are thoroughly covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: TOL's dividends in 3 years are forecast to be thoroughly covered by earnings (7.3% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Doug Yearley (61 yo)
Mr. Douglas C. Yearley, Jr., also known as Doug, serves as President at Toll Brothers, Inc. since November 1, 2019. He joined Toll Brothers Inc. in 1990 as an Assistant to the Chief Executive Officer with...
CEO Compensation Analysis
Compensation vs Market: Doug's total compensation ($USD10.02M) is above average for companies of similar size in the US market ($USD6.24M).
Compensation vs Earnings: Doug's compensation has been consistent with company performance over the past year.
Experienced Management: TOL's management team is considered experienced (2.9 years average tenure).
Experienced Board: TOL's board of directors are considered experienced (3.4 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.
Toll Brothers, Inc.'s employee growth, exchange listings and data sources
- Name: Toll Brothers, Inc.
- Ticker: TOL
- Exchange: NYSE
- Founded: 1967
- Industry: Homebuilding
- Sector: Consumer Durables
- Market Cap: US$7.847b
- Shares outstanding: 121.72m
- Website: https://www.tollbrothers.com
Number of Employees
- Toll Brothers, Inc.
- 1140 Virginia Drive
- Fort Washington
- United States
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/11/26 23:22|
|End of Day Share Price||2021/11/26 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.