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TPH

Tri Pointe HomesNYSE:TPH Stock Report

Last Price

US$25.42

Market Cap

US$2.8b

7D

-2.8%

1Y

38.6%

Updated

19 Jan, 2022

Data

Company Financials +
TPH fundamental analysis
Snowflake Score
Valuation6/6
Future Growth1/6
Past Performance4/6
Financial Health5/6
Dividends0/6

TPH Stock Overview

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

Tri Pointe Homes Competitors

D.R. Horton

NYSE:DHI

US$33.3b

Lennar

NYSE:LEN

US$30.7b

PulteGroup

NYSE:PHM

US$13.8b

Meritage Homes

NYSE:MTH

US$4.0b

Price History & Performance

Summary of all time highs, changes and price drops for Tri Pointe Homes
Historical stock prices
Current Share PriceUS$25.42
52 Week HighUS$28.29
52 Week LowUS$17.84
Beta1.48
1 Month Change-1.40%
3 Month Change6.27%
1 Year Change38.60%
3 Year Change110.61%
5 Year Change102.39%
Change since IPO58.38%

Recent News & Updates

Jan 03
Is Now An Opportune Moment To Examine Tri Pointe Homes, Inc. (NYSE:TPH)?

Is Now An Opportune Moment To Examine Tri Pointe Homes, Inc. (NYSE:TPH)?

Tri Pointe Homes, Inc. ( NYSE:TPH ), is not the largest company out there, but it led the NYSE gainers with a...

Dec 20
Are Investors Undervaluing Tri Pointe Homes, Inc. (NYSE:TPH) By 37%?

Are Investors Undervaluing Tri Pointe Homes, Inc. (NYSE:TPH) By 37%?

How far off is Tri Pointe Homes, Inc. ( NYSE:TPH ) from its intrinsic value? Using the most recent financial data...

Nov 26
Tri Pointe Homes (NYSE:TPH) Has A Pretty Healthy Balance Sheet

Tri Pointe Homes (NYSE:TPH) Has A Pretty Healthy Balance Sheet

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it seems the smart money knows that...

Shareholder Returns

TPHUS Consumer DurablesUS Market
7D-2.8%-4.1%-3.5%
1Y38.6%16.4%10.2%

Return vs Industry: TPH exceeded the US Consumer Durables industry which returned 23.6% over the past year.

Return vs Market: TPH exceeded the US Market which returned 13.7% over the past year.

Price Volatility

Is TPH's price volatile compared to industry and market?
TPH volatility
TPH Average Weekly Movement4.8%
Consumer Durables Industry Average Movement6.5%
Market Average Movement6.6%
10% most volatile stocks in US Market15.8%
10% least volatile stocks in US Market2.4%

Stable Share Price: TPH is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: TPH's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
20091,163Doug Bauerhttps://www.tripointehomes.com

Tri Pointe Homes, Inc. engages in the design, construction, and sale of single-family attached and detached homes in the United States. The company operates through a portfolio of six brands, including Maracay in Arizona; Pardee Homes in California and Nevada; Quadrant Homes in Washington; Trendmaker Homes in Texas; TRI Pointe Homes in California, Colorado, and the Carolinas; and Winchester Homes in Maryland, Virginia, and the District of Columbia. As of December 31, 2020, its operations consisted of 112 active selling communities and 35,641 owned or controlled lots.

Tri Pointe Homes Fundamentals Summary

How do Tri Pointe Homes's earnings and revenue compare to its market cap?
TPH fundamental statistics
Market CapUS$2.83b
Earnings (TTM)US$436.94m
Revenue (TTM)US$3.83b

6.5x

P/E Ratio

0.7x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
TPH income statement (TTM)
RevenueUS$3.83b
Cost of RevenueUS$2.87b
Gross ProfitUS$967.90m
ExpensesUS$530.95m
EarningsUS$436.94m

Last Reported Earnings

Sep 30, 2021

Next Earnings Date

Feb 17, 2022

Earnings per share (EPS)3.93
Gross Margin25.25%
Net Profit Margin11.40%
Debt/Equity Ratio57.1%

How did TPH perform over the long term?

See historical performance and comparison

Valuation

Is Tri Pointe Homes undervalued compared to its fair value and its price relative to the market?

37.9%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: TPH ($25.42) is trading below our estimate of fair value ($40.94)

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


Price To Earnings Ratio

PE vs Industry: TPH is good value based on its PE Ratio (6.5x) compared to the US Consumer Durables industry average (9.6x).

PE vs Market: TPH is good value based on its PE Ratio (6.5x) compared to the US market (17.4x).


Price to Earnings Growth Ratio

PEG Ratio: TPH is good value based on its PEG Ratio (0.8x)


Price to Book Ratio

PB vs Industry: TPH is good value based on its PB Ratio (1.2x) compared to the US Consumer Durables industry average (1.9x).


Future Growth

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

8.1%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: TPH's forecast earnings growth (8.1% per year) is above the savings rate (2%).

Earnings vs Market: TPH's earnings (8.1% per year) are forecast to grow slower than the US market (13% per year).

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

Revenue vs Market: TPH's revenue (7.5% per year) is forecast to grow slower than the US market (9.3% per year).

High Growth Revenue: TPH's revenue (7.5% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: TPH's Return on Equity is forecast to be low in 3 years time (18.3%).


Past Performance

How has Tri Pointe Homes performed over the past 5 years?

14.7%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: TPH has high quality earnings.

Growing Profit Margin: TPH's current net profit margins (11.4%) are higher than last year (8.5%).


Past Earnings Growth Analysis

Earnings Trend: TPH's earnings have grown by 14.7% per year over the past 5 years.

Accelerating Growth: TPH's earnings growth over the past year (53.3%) exceeds its 5-year average (14.7% per year).

Earnings vs Industry: TPH earnings growth over the past year (53.3%) underperformed the Consumer Durables industry 74.2%.


Return on Equity

High ROE: TPH's Return on Equity (18.6%) is considered low.


Financial Health

How is Tri Pointe Homes's financial position?


Financial Position Analysis

Short Term Liabilities: TPH's short term assets ($3.8B) exceed its short term liabilities ($309.8M).

Long Term Liabilities: TPH's short term assets ($3.8B) exceed its long term liabilities ($1.6B).


Debt to Equity History and Analysis

Debt Level: TPH's net debt to equity ratio (32.1%) is considered satisfactory.

Reducing Debt: TPH's debt to equity ratio has reduced from 76.5% to 57.1% over the past 5 years.

Debt Coverage: TPH's debt is well covered by operating cash flow (33.8%).

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


Balance Sheet


Dividend

What is Tri Pointe Homes's 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?

4.0yrs

Average management tenure


CEO

Doug Bauer (60 yo)

9yrs

Tenure

US$6,855,660

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 ($USD6.86M) is above average for companies of similar size in the US market ($USD5.13M).

Compensation vs Earnings: Doug's compensation has increased by more than 20% in the past year.


Leadership Team

Experienced Management: TPH's management team is considered experienced (4 years average tenure).


Board Members

Experienced Board: TPH's board of directors are considered experienced (7.5 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

Tri Pointe Homes, Inc.'s employee growth, exchange listings and data sources


Key Information

  • Name: Tri Pointe Homes, Inc.
  • Ticker: TPH
  • Exchange: NYSE
  • Founded: 2009
  • Industry: Homebuilding
  • Sector: Consumer Durables
  • Implied Market Cap: US$2.825b
  • Shares outstanding: 111.14m
  • Website: https://www.tripointehomes.com

Number of Employees


Location

  • Tri Pointe Homes, Inc.
  • 940 Southwood Boulevard
  • Suite 200
  • Incline Village
  • Nevada
  • 89451
  • United States

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/01/19 00:00
End of Day Share Price2022/01/18 00:00
Earnings2021/09/30
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.