GREEN BRICK PARTNERS INC (GRBK) Stock Fundamental Analysis
NYSE:GRBK - New York Stock Exchange, Inc. - US3927091013 - Common Stock - Currency: USD
Taking everything into account, GRBK scores 7 out of 10 in our fundamental rating. GRBK was compared to 63 industry peers in the Household Durables industry. GRBK gets an excellent profitability rating and is at the same time showing great financial health properties. 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
In the past year GRBK was profitable.
In the past year GRBK had a positive cash flow from operations.
In the past 5 years GRBK has always been profitable.
Of the past 5 years GRBK 4 years had a positive operating cash flow.
1.2 Ratios
GRBK has a better Return On Assets (14.99%) than 93.65% of its industry peers.
GRBK has a better Return On Equity (20.11%) than 84.13% of its industry peers.
With an excellent Return On Invested Capital value of 17.46%, GRBK belongs to the best of the industry, outperforming 95.24% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for GRBK is significantly above the industry average of 10.28%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 14.99% | ||
| ROE | 20.11% | ||
| ROIC | 17.47% |
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
With an excellent Profit Margin value of 16.23%, GRBK belongs to the best of the industry, outperforming 96.83% of the companies in the same industry.
In the last couple of years the Profit Margin of GRBK has grown nicely.
With an excellent Operating Margin value of 21.32%, GRBK belongs to the best of the industry, outperforming 96.83% of the companies in the same industry.
In the last couple of years the Operating Margin of GRBK has grown nicely.
GRBK's Gross Margin of 32.23% is fine compared to the rest of the industry. GRBK outperforms 65.08% of its industry peers.
GRBK's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 21.32% | ||
| PM (TTM) | 16.23% | ||
| GM | 32.23% |
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
The Return on Invested Capital (ROIC) is well above the Cost of Capital (WACC), so GRBK is creating value.
Compared to 1 year ago, GRBK has less shares outstanding
The number of shares outstanding for GRBK has been reduced compared to 5 years ago.
GRBK has a better debt/assets ratio than last year.
2.2 Solvency
GRBK has an Altman-Z score of 6.34. This indicates that GRBK is financially healthy and has little risk of bankruptcy at the moment.
GRBK's Altman-Z score of 6.34 is amongst the best of the industry. GRBK outperforms 90.48% of its industry peers.
The Debt to FCF ratio of GRBK is 2.06, which is a good value as it means it would take GRBK, 2.06 years of fcf income to pay off all of its debts.
Looking at the Debt to FCF ratio, with a value of 2.06, GRBK is in the better half of the industry, outperforming 79.37% of the companies in the same industry.
GRBK has a Debt/Equity ratio of 0.19. This is a healthy value indicating a solid balance between debt and equity.
Looking at the Debt to Equity ratio, with a value of 0.19, GRBK is in the better half of the industry, outperforming 65.08% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.19 | ||
| Debt/FCF | 2.06 | ||
| Altman-Z | 6.34 |
ROIC/WACC2.03
WACC8.6%
2.3 Liquidity
GRBK has a Current Ratio of 9.31. This indicates that GRBK is financially healthy and has no problem in meeting its short term obligations.
The Current ratio of GRBK (9.31) is better than 92.06% of its industry peers.
GRBK has a Quick Ratio of 9.31. This is a bad value and indicates that GRBK is not financially healthy enough and could expect problems in meeting its short term obligations.
With a Quick ratio value of 0.67, GRBK is not doing good in the industry: 61.90% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 9.31 | ||
| Quick Ratio | 0.67 |
3. Growth
3.1 Past
The Earnings Per Share has been growing slightly by 7.28% over the past year.
Measured over the past years, GRBK shows a very strong growth in Earnings Per Share. The EPS has been growing by 48.43% on average per year.
Looking at the last year, GRBK shows a quite strong growth in Revenue. The Revenue has grown by 13.87% in the last year.
GRBK shows a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 21.53% yearly.
EPS 1Y (TTM)7.28%
EPS 3Y31.35%
EPS 5Y48.43%
EPS Q2Q%-20.26%
Revenue 1Y (TTM)13.87%
Revenue growth 3Y14.37%
Revenue growth 5Y21.53%
Sales Q2Q%-2.05%
3.2 Future
GRBK is expected to show a decrease in Earnings Per Share. In the coming years, the EPS will decrease by -5.14% yearly.
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.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 8.31, the valuation of GRBK can be described as reasonable.
Based on the Price/Earnings ratio, GRBK is valued a bit cheaper than 76.19% of the companies in the same industry.
The average S&P500 Price/Earnings ratio is at 26.41. GRBK is valued rather cheaply when compared to this.
GRBK is valuated reasonably with a Price/Forward Earnings ratio of 8.56.
Based on the Price/Forward Earnings ratio, GRBK is valued a bit cheaper than the industry average as 74.60% of the companies are valued more expensively.
GRBK's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 33.87.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.31 | ||
| Fwd PE | 8.56 |
4.2 Price Multiples
74.60% of the companies in the same industry are more expensive than GRBK, based on the Enterprise Value to EBITDA ratio.
Based on the Price/Free Cash Flow ratio, GRBK is valued a bit cheaper than the industry average as 66.67% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 17.53 | ||
| EV/EBITDA | 6.7 |
4.3 Compensation for Growth
GRBK has an outstanding profitability rating, which may justify a higher PE ratio.
A cheap valuation may be justified as GRBK's earnings are expected to decrease with -5.14% in the coming years.
PEG (NY)N/A
PEG (5Y)0.17
EPS Next 2Y-5.14%
EPS Next 3YN/A
5. Dividend
5.1 Amount
GRBK does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
64.94
-0.26 (-0.4%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Durables & Apparel
GICS IndustryHousehold Durables
Earnings (Last)
Earnings (Next)
Inst Owners79.7%
Inst Owner Change-0.29%
Ins Owners6.31%
Ins Owner Change2.1%
Market Cap2.85B
Analysts77.78
Price Target67.83 (4.45%)
Short Float %2.98%
Short Ratio4.92
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly Dividend0.06
Dividend Growth(5Y)N/A
DP0.83%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-6.01%
Min EPS beat(2)-6.79%
Max EPS beat(2)-5.23%
EPS beat(4)1
Avg EPS beat(4)-1.5%
Min EPS beat(4)-6.79%
Max EPS beat(4)12.39%
EPS beat(8)4
Avg EPS beat(8)4.16%
EPS beat(12)8
Avg EPS beat(12)15.67%
EPS beat(16)11
Avg EPS beat(16)17.78%
Revenue beat(2)0
Avg Revenue beat(2)-2.67%
Min Revenue beat(2)-3.17%
Max Revenue beat(2)-2.17%
Revenue beat(4)1
Avg Revenue beat(4)-2.62%
Min Revenue beat(4)-5.22%
Max Revenue beat(4)0.08%
Revenue beat(8)2
Avg Revenue beat(8)-1.29%
Revenue beat(12)6
Avg Revenue beat(12)8.45%
Revenue beat(16)9
Avg Revenue beat(16)9.24%
PT rev (1m)-6.34%
PT rev (3m)-5%
EPS NQ rev (1m)-3.89%
EPS NQ rev (3m)-34.34%
EPS NY rev (1m)0%
EPS NY rev (3m)-10.94%
Revenue NQ rev (1m)-3.02%
Revenue NQ rev (3m)-27.03%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-4.91%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.31 | ||
| Fwd PE | 8.56 | ||
| P/S | 1.33 | ||
| P/FCF | 17.53 | ||
| P/OCF | 17.17 | ||
| P/B | 1.65 | ||
| P/tB | 1.65 | ||
| EV/EBITDA | 6.7 |
EPS(TTM)7.81
EY12.03%
EPS(NY)7.58
Fwd EY11.68%
FCF(TTM)3.7
FCFY5.7%
OCF(TTM)3.78
OCFY5.83%
SpS48.66
BVpS39.28
TBVpS39.25
PEG (NY)N/A
PEG (5Y)0.17
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 14.99% | ||
| ROE | 20.11% | ||
| ROCE | 21.85% | ||
| ROIC | 17.47% | ||
| ROICexc | 18.46% | ||
| ROICexgc | 18.86% | ||
| OM | 21.32% | ||
| PM (TTM) | 16.23% | ||
| GM | 32.23% | ||
| FCFM | 7.61% |
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-Score6
Asset Turnover0.92
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.19 | ||
| Debt/FCF | 2.06 | ||
| Debt/EBITDA | 0.73 | ||
| Cap/Depr | 68.94% | ||
| Cap/Sales | 0.16% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 36.06% | ||
| Profit Quality | 46.9% | ||
| Current Ratio | 9.31 | ||
| Quick Ratio | 0.67 | ||
| Altman-Z | 6.34 |
F-Score6
WACC8.6%
ROIC/WACC2.03
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)7.28%
EPS 3Y31.35%
EPS 5Y48.43%
EPS Q2Q%-20.26%
EPS Next Y-16.65%
EPS Next 2Y-5.14%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)13.87%
Revenue growth 3Y14.37%
Revenue growth 5Y21.53%
Sales Q2Q%-2.05%
Revenue Next Year-3.57%
Revenue Next 2Y4%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y10.48%
EBIT growth 3Y27.93%
EBIT growth 5Y48.74%
EBIT Next Year-1.74%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-34.28%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-33.9%
OCF growth 3YN/A
OCF growth 5YN/A