NYSE:TPH

Stock Analysis Report

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Executive Summary

TRI Pointe Group, Inc. engages in the design, construction, and sale of single-family detached and attached homes in the United States.


Snowflake Analysis

Solid track record and good value.


Similar Companies

Share Price & News

How has TRI Pointe Group's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: TPH's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

2.6%

TPH

2.3%

US Consumer Durables

2.5%

US Market


1 Year Return

26.6%

TPH

24.0%

US Consumer Durables

16.3%

US Market

Return vs Industry: TPH exceeded the US Consumer Durables industry which returned 23.5% over the past year.

Return vs Market: TPH exceeded the US Market which returned 15.8% over the past year.


Shareholder returns

TPHIndustryMarket
7 Day2.6%2.3%2.5%
30 Day17.5%16.1%5.6%
90 Day42.4%36.7%16.4%
1 Year26.6%26.6%25.5%24.0%18.8%16.3%
3 Year24.5%24.5%14.4%9.5%45.1%35.7%
5 Year16.2%16.2%25.7%18.3%75.8%56.8%

Price Volatility Vs. Market

How volatile is TRI Pointe Group's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is TRI Pointe Group undervalued compared to its fair value and its price relative to the market?

8.67x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: TPH ($17.16) is trading above our estimate of fair value ($11.01)

Significantly Below Fair Value: TPH is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: TPH is good value based on its PE Ratio (8.7x) compared to the US Consumer Durables industry average (12.5x).

PE vs Market: TPH is good value based on its PE Ratio (8.7x) compared to the US market (18.8x).


Price to Earnings Growth Ratio

PEG Ratio: TPH is good value based on its PEG Ratio (0.6x)


Price to Book Ratio

PB vs Industry: TPH is good value based on its PB Ratio (1x) compared to the US Consumer Durables industry average (1.8x).


Next Steps

Future Growth

How is TRI Pointe Group forecast to perform in the next 1 to 3 years based on estimates from 8 analysts?

13.5%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: TPH's forecast earnings growth (13.5% per year) is above the savings rate (2.2%).

Earnings vs Market: TPH's earnings (13.5% per year) are forecast to grow slower than the US market (22.9% per year).

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

Revenue vs Market: TPH's revenue (10.8% per year) is forecast to grow faster than the US market (9.4% per year).

High Growth Revenue: TPH's revenue (10.8% 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 TPH's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has TRI Pointe Group performed over the past 5 years?

6.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: TPH has high quality earnings.

Growing Profit Margin: TPH's current net profit margins (8.3%) are higher than last year (6.1%).


Past Earnings Growth Analysis

Earnings Trend: TPH's earnings have grown by 6.3% per year over the past 5 years.

Accelerating Growth: TPH's earnings growth over the past year (42%) exceeds its 5-year average (6.3% per year).

Earnings vs Industry: TPH earnings growth over the past year (42%) exceeded the Consumer Durables industry 20.9%.


Return on Equity

High ROE: TPH's Return on Equity (12.4%) is considered low.


Next Steps

Financial Health

How is TRI Pointe Group's financial position?


Financial Position Analysis

Short Term Liabilities: TPH's short term assets ($3.6B) exceed its short term liabilities ($214.8M).

Long Term Liabilities: TPH's short term assets ($3.6B) exceed its long term liabilities ($1.6B).


Debt to Equity History and Analysis

Debt Level: TPH's debt to equity ratio (65.1%) is considered high.

Reducing Debt: TPH's debt to equity ratio has reduced from 84.2% to 65.1% over the past 5 years.

Debt Coverage: TPH's debt is well covered by operating cash flow (41.4%).

Interest Coverage: Insufficient data to determine if TPH's interest payments on its debt are well covered by EBIT.


Balance Sheet


Next Steps

Dividend

What is TRI Pointe Group current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate TPH's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate TPH'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 TPH's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if TPH'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 TPH'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?

2.3yrs

Average management tenure


CEO

Doug Bauer (59 yo)

7.58yrs

Tenure

US$5,416,216

Compensation

Mr. Douglas F. Bauer, also known as Doug, Founded TRI Pointe Group, Inc. (also known as TRI Pointe Homes, Inc.) and has been its Chief Executive Officer since January 30, 2013. Mr. Bauer served as the Chie ...


CEO Compensation Analysis

Compensation vs Market: Doug's total compensation ($USD5.42M) is about average for companies of similar size in the US market ($USD4.57M).

Compensation vs Earnings: Doug's compensation has been consistent with company performance over the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Douglas Bauer
CEO & Director7.58yrsUS$5.42m0.69%
$ 15.5m
Thomas Mitchell
President & COO7.58yrsUS$5.19m0.62%
$ 13.8m
Glenn Keeler
CFO, Chief Accounting Officer & Treasurer0.58yrUS$955.71k0.018%
$ 398.3k
David Lee
VP, General Counsel & Secretary2.58yrsUS$872.77k0.0024%
$ 53.9k
Sri Arumugam
Chief Information Officer0.58yrno datano data
Linda Mamet
Chief Marketing Officer1.42yrsno datano data
Heather Breidenthal
Chief Human Resources Officer2.25yrsno datano data
Michael Taylor
President of Pardee Homes Inland Empireno datano datano data
David Little
President of Pardee Homes Los Angeles/Venturano datano datano data
Jimmy Ayala
President of Pardee Homes San Diegono datano datano data
Thomas Grable
President of TRI Pointe Homes Southern Californiano datano datano data
Ronald Turner
President of TRI Pointe Connectno datano datano data

2.3yrs

Average Tenure

49yo

Average Age

Experienced Management: TPH's management team is considered experienced (2.3 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Douglas Bauer
CEO & Director7.58yrsUS$5.42m0.69%
$ 15.5m
Steven Gilbert
Independent Chairman of the Board3.42yrsUS$314.99k0.055%
$ 1.2m
Constance Moore
Independent Director6.08yrsUS$250.99k0.059%
$ 1.3m
Daniel Fulton
Independent Director6.08yrsUS$240.99k0.066%
$ 1.5m
Lawrence Burrows
Independent Director6.08yrsUS$224.99k0.050%
$ 1.1m
Vicki McWilliams
Independent Director2.08yrsUS$240.99k0.013%
$ 290.5k

6.1yrs

Average Tenure

65.5yo

Average Age

Experienced Board: TPH's board of directors are considered experienced (6.1 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: TPH 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

TRI Pointe Group, Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: TRI Pointe Group, Inc.
  • Ticker: TPH
  • Exchange: NYSE
  • Founded: 2009
  • Industry: Homebuilding
  • Sector: Consumer Durables
  • Market Cap: US$2.236b
  • Shares outstanding: 130.33m
  • Website: https://www.tripointegroup.com

Number of Employees


Location

  • TRI Pointe Group, Inc.
  • 19540 Jamboree Road
  • Suite 300
  • Irvine
  • California
  • 92612
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
TPHNYSE (New York Stock Exchange)YesNew Common StockUSUSDJul 2014
T86DB (Deutsche Boerse AG)YesNew Common StockDEEURJul 2014

Biography

TRI Pointe Group, Inc. engages in the design, construction, and sale of single-family detached and attached homes in the United States. The company operates a portfolio of six brands across ten states, inc ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/08/08 00:55
End of Day Share Price2020/08/07 00:00
Earnings2020/06/30
Annual Earnings2019/12/31


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.