GREEN BRICK PARTNERS INC (GRBK) Stock Fundamental Analysis
NYSE:GRBK - New York Stock Exchange, Inc. - US3927091013 - Common Stock - Currency: USD
We assign a fundamental rating of 7 out of 10 to GRBK. GRBK was compared to 63 industry peers in the Household Durables industry. GRBK scores excellent points on both the profitability and health parts. This is a solid base for a good stock. GRBK has a decent growth rate and is not valued too expensively. This makes GRBK very considerable for quality investing!
1. Profitability
1.1 Basic Checks
GRBK had positive earnings in the past year.
In the past year GRBK had a positive cash flow from operations.
GRBK had positive earnings in each of the past 5 years.
GRBK had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
With an excellent Return On Assets value of 16.30%, GRBK belongs to the best of the industry, outperforming 96.83% of the companies in the same industry.
The Return On Equity of GRBK (21.91%) is better than 85.71% of its industry peers.
With an excellent Return On Invested Capital value of 18.76%, GRBK belongs to the best of the industry, outperforming 95.24% of the companies in the same industry.
GRBK had an Average Return On Invested Capital over the past 3 years of 18.27%. This is significantly above the industry average of 10.29%.
The 3 year average ROIC (18.27%) for GRBK is below the current ROIC(18.76%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 16.3% | ||
| ROE | 21.91% | ||
| ROIC | 18.76% |
ROA(3y)16.36%
ROA(5y)14.79%
ROE(3y)24.06%
ROE(5y)22.34%
ROIC(3y)18.27%
ROIC(5y)16.1%
1.3 Margins
GRBK's Profit Margin of 17.24% is amongst the best of the industry. GRBK outperforms 96.83% of its industry peers.
In the last couple of years the Profit Margin of GRBK has grown nicely.
The Operating Margin of GRBK (22.34%) is better than 96.83% of its industry peers.
In the last couple of years the Operating Margin of GRBK has grown nicely.
Looking at the Gross Margin, with a value of 33.08%, GRBK is in the better half of the industry, outperforming 66.67% of the companies in the same industry.
In the last couple of years the Gross Margin of GRBK has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 22.34% | ||
| PM (TTM) | 17.24% | ||
| GM | 33.08% |
OM growth 3Y11.85%
OM growth 5Y22.39%
PM growth 3Y9.99%
PM growth 5Y19.48%
GM growth 3Y9.1%
GM growth 5Y9.43%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) well above the Cost of Capital (WACC), GRBK is creating value.
Compared to 1 year ago, GRBK has less shares outstanding
GRBK has less shares outstanding than it did 5 years ago.
GRBK has a better debt/assets ratio than last year.
2.2 Solvency
GRBK has an Altman-Z score of 6.37. This indicates that GRBK is financially healthy and has little risk of bankruptcy at the moment.
With an excellent Altman-Z score value of 6.37, GRBK belongs to the best of the industry, outperforming 90.48% of the companies in the same industry.
The Debt to FCF ratio of GRBK is 3.73, which is a good value as it means it would take GRBK, 3.73 years of fcf income to pay off all of its debts.
GRBK has a better Debt to FCF ratio (3.73) than 68.25% of its industry peers.
A Debt/Equity ratio of 0.20 indicates that GRBK is not too dependend on debt financing.
GRBK has a Debt to Equity ratio of 0.20. This is in the better half of the industry: GRBK outperforms 65.08% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.2 | ||
| Debt/FCF | 3.73 | ||
| Altman-Z | 6.37 |
ROIC/WACC2.11
WACC8.91%
2.3 Liquidity
GRBK has a Current Ratio of 9.23. This indicates that GRBK is financially healthy and has no problem in meeting its short term obligations.
With an excellent Current ratio value of 9.23, GRBK belongs to the best of the industry, outperforming 92.06% of the companies in the same industry.
A Quick Ratio of 0.51 indicates that GRBK may have some problems paying its short term obligations.
GRBK's Quick ratio of 0.51 is on the low side compared to the rest of the industry. GRBK is outperformed by 74.60% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 9.23 | ||
| Quick Ratio | 0.51 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 25.64% over the past year.
The Earnings Per Share has been growing by 48.43% on average over the past years. This is a very strong growth
GRBK shows a strong growth in Revenue. In the last year, the Revenue has grown by 21.22%.
Measured over the past years, GRBK shows a very strong growth in Revenue. The Revenue has been growing by 21.53% on average per year.
EPS 1Y (TTM)25.64%
EPS 3Y31.35%
EPS 5Y48.43%
EPS Q2Q%-8.24%
Revenue 1Y (TTM)21.22%
Revenue growth 3Y14.37%
Revenue growth 5Y21.53%
Sales Q2Q%11.24%
3.2 Future
The Earnings Per Share is expected to decrease by -5.14% on average over the next years.
GRBK is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 4.00% yearly.
EPS Next Y-16.65%
EPS Next 2Y-5.14%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year-3.57%
Revenue Next 2Y4%
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 7.68, the valuation of GRBK can be described as very cheap.
Based on the Price/Earnings ratio, GRBK is valued a bit cheaper than the industry average as 73.02% of the companies are valued more expensively.
GRBK's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 27.54.
The Price/Forward Earnings ratio is 8.38, which indicates a very decent valuation of GRBK.
Compared to the rest of the industry, the Price/Forward Earnings ratio of GRBK indicates a somewhat cheap valuation: GRBK is cheaper than 74.60% of the companies listed in the same industry.
When comparing the Price/Forward Earnings ratio of GRBK to the average of the S&P500 Index (36.44), we can say GRBK is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.68 | ||
| Fwd PE | 8.38 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of GRBK indicates a somewhat cheap valuation: GRBK is cheaper than 73.02% of the companies listed in the same industry.
GRBK's Price/Free Cash Flow ratio is in line with the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 31.19 | ||
| EV/EBITDA | 6.23 |
4.3 Compensation for Growth
The excellent profitability rating of GRBK may justify a higher PE ratio.
GRBK's earnings are expected to decrease with -5.14% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)0.16
EPS Next 2Y-5.14%
EPS Next 3YN/A
5. Dividend
5.1 Amount
No dividends for GRBK!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
63.55
-1.31 (-2.02%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Durables & Apparel
GICS IndustryHousehold Durables
Earnings (Last)
Earnings (Next)
Inst Owners78.8%
Inst Owner Change-0.41%
Ins Owners6.26%
Ins Owner Change2.1%
Market Cap2.79B
Analysts76
Price Target67.83 (6.73%)
Short Float %3.13%
Short Ratio4.84
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly Dividend0.06
Dividend Growth(5Y)N/A
DP0.78%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)2.8%
Min EPS beat(2)-6.79%
Max EPS beat(2)12.39%
EPS beat(4)2
Avg EPS beat(4)6.92%
Min EPS beat(4)-6.79%
Max EPS beat(4)28.45%
EPS beat(8)5
Avg EPS beat(8)9.71%
EPS beat(12)9
Avg EPS beat(12)21.52%
EPS beat(16)12
Avg EPS beat(16)19.19%
Revenue beat(2)1
Avg Revenue beat(2)-1.54%
Min Revenue beat(2)-3.17%
Max Revenue beat(2)0.08%
Revenue beat(4)2
Avg Revenue beat(4)0.26%
Min Revenue beat(4)-5.22%
Max Revenue beat(4)9.35%
Revenue beat(8)3
Avg Revenue beat(8)0.79%
Revenue beat(12)7
Avg Revenue beat(12)10.96%
Revenue beat(16)10
Avg Revenue beat(16)9.97%
PT rev (1m)-5%
PT rev (3m)-5%
EPS NQ rev (1m)-6.3%
EPS NQ rev (3m)-6.05%
EPS NY rev (1m)-2.67%
EPS NY rev (3m)-10.94%
Revenue NQ rev (1m)-1.01%
Revenue NQ rev (3m)3.14%
Revenue NY rev (1m)-1.91%
Revenue NY rev (3m)-7.06%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.68 | ||
| Fwd PE | 8.38 | ||
| P/S | 1.3 | ||
| P/FCF | 31.19 | ||
| P/OCF | 29.81 | ||
| P/B | 1.65 | ||
| P/tB | 1.65 | ||
| EV/EBITDA | 6.23 |
EPS(TTM)8.28
EY13.03%
EPS(NY)7.58
Fwd EY11.94%
FCF(TTM)2.04
FCFY3.21%
OCF(TTM)2.13
OCFY3.35%
SpS48.92
BVpS38.49
TBVpS38.47
PEG (NY)N/A
PEG (5Y)0.16
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 16.3% | ||
| ROE | 21.91% | ||
| ROCE | 23.47% | ||
| ROIC | 18.76% | ||
| ROICexc | 19.76% | ||
| ROICexgc | 20.18% | ||
| OM | 22.34% | ||
| PM (TTM) | 17.24% | ||
| GM | 33.08% | ||
| FCFM | 4.16% |
ROA(3y)16.36%
ROA(5y)14.79%
ROE(3y)24.06%
ROE(5y)22.34%
ROIC(3y)18.27%
ROIC(5y)16.1%
ROICexc(3y)19.75%
ROICexc(5y)17.23%
ROICexgc(3y)20.31%
ROICexgc(5y)17.78%
ROCE(3y)22.96%
ROCE(5y)20.2%
ROICexcg growth 3Y8.62%
ROICexcg growth 5Y23.72%
ROICexc growth 3Y8.87%
ROICexc growth 5Y23.92%
OM growth 3Y11.85%
OM growth 5Y22.39%
PM growth 3Y9.99%
PM growth 5Y19.48%
GM growth 3Y9.1%
GM growth 5Y9.43%
F-Score8
Asset Turnover0.95
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.2 | ||
| Debt/FCF | 3.73 | ||
| Debt/EBITDA | 0.69 | ||
| Cap/Depr | 80.19% | ||
| Cap/Sales | 0.19% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 19.3% | ||
| Profit Quality | 24.16% | ||
| Current Ratio | 9.23 | ||
| Quick Ratio | 0.51 | ||
| Altman-Z | 6.37 |
F-Score8
WACC8.91%
ROIC/WACC2.11
Cap/Depr(3y)131.52%
Cap/Depr(5y)109.51%
Cap/Sales(3y)0.25%
Cap/Sales(5y)0.24%
Profit Quality(3y)36.44%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)25.64%
EPS 3Y31.35%
EPS 5Y48.43%
EPS Q2Q%-8.24%
EPS Next Y-16.65%
EPS Next 2Y-5.14%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)21.22%
Revenue growth 3Y14.37%
Revenue growth 5Y21.53%
Sales Q2Q%11.24%
Revenue Next Year-3.57%
Revenue Next 2Y4%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y28.31%
EBIT growth 3Y27.93%
EBIT growth 5Y48.74%
EBIT Next Year-1.74%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-65.07%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-63.9%
OCF growth 3YN/A
OCF growth 5YN/A