TRI POINTE HOMES INC (TPH) Stock Fundamental Analysis
NYSE:TPH - US87265H1095 - Common Stock
35.33 USD
+0.25 (+0.71%)
35.33 USD
0 (0%)
Taking everything into account, TPH scores 5 out of 10 in our fundamental rating. TPH was compared to 63 industry peers in the Household Durables industry. TPH has an excellent financial health rating, but there are some minor concerns on its profitability. TPH is valued correctly, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
TPH had positive earnings in the past year.
TPH had a positive operating cash flow in the past year.
In the past 5 years TPH has always been profitable.
Each year in the past 5 years TPH had a positive operating cash flow.
1.2 Ratios
TPH has a Return On Assets of 7.62%. This is in the better half of the industry: TPH outperforms 61.90% of its industry peers.
TPH has a Return On Equity (11.12%) which is in line with its industry peers.
TPH has a Return On Invested Capital (8.04%) which is in line with its industry peers.
The Average Return On Invested Capital over the past 3 years for TPH is in line with the industry average of 10.45%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 7.62% | ||
| ROE | 11.12% | ||
| ROIC | 8.04% |
ROA(3y)9.52%
ROA(5y)9.28%
ROE(3y)15.16%
ROE(5y)15.46%
ROIC(3y)10.2%
ROIC(5y)10.07%
1.3 Margins
TPH's Profit Margin of 9.05% is fine compared to the rest of the industry. TPH outperforms 74.60% of its industry peers.
In the last couple of years the Profit Margin of TPH has grown nicely.
With a decent Operating Margin value of 11.53%, TPH is doing good in the industry, outperforming 71.43% of the companies in the same industry.
In the last couple of years the Operating Margin of TPH has grown nicely.
The Gross Margin of TPH (22.86%) is worse than 69.84% of its industry peers.
In the last couple of years the Gross Margin of TPH has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 11.53% | ||
| PM (TTM) | 9.05% | ||
| GM | 22.86% |
OM growth 3Y-5.72%
OM growth 5Y7.18%
PM growth 3Y-4.72%
PM growth 5Y8.69%
GM growth 3Y-2.33%
GM growth 5Y2.47%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so TPH is still creating some value.
The number of shares outstanding for TPH has been reduced compared to 1 year ago.
Compared to 5 years ago, TPH has less shares outstanding
Compared to 1 year ago, TPH has an improved debt to assets ratio.
2.2 Solvency
TPH has an Altman-Z score of 4.26. This indicates that TPH is financially healthy and has little risk of bankruptcy at the moment.
The Altman-Z score of TPH (4.26) is better than 71.43% of its industry peers.
TPH has a debt to FCF ratio of 2.56. This is a good value and a sign of high solvency as TPH would need 2.56 years to pay back of all of its debts.
TPH's Debt to FCF ratio of 2.56 is fine compared to the rest of the industry. TPH outperforms 74.60% of its industry peers.
TPH has a Debt/Equity ratio of 0.31. This is a healthy value indicating a solid balance between debt and equity.
TPH has a Debt to Equity ratio (0.31) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.31 | ||
| Debt/FCF | 2.56 | ||
| Altman-Z | 4.26 |
ROIC/WACC0.95
WACC8.47%
2.3 Liquidity
TPH has a Current Ratio of 8.53. This indicates that TPH is financially healthy and has no problem in meeting its short term obligations.
Looking at the Current ratio, with a value of 8.53, TPH belongs to the top of the industry, outperforming 87.30% of the companies in the same industry.
TPH has a Quick Ratio of 1.66. This is a normal value and indicates that TPH is financially healthy and should not expect problems in meeting its short term obligations.
TPH has a better Quick ratio (1.66) than 79.37% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 8.53 | ||
| Quick Ratio | 1.66 |
3. Growth
3.1 Past
The earnings per share for TPH have decreased strongly by -10.68% in the last year.
The Earnings Per Share has been growing by 26.86% on average over the past years. This is a very strong growth
Looking at the last year, TPH shows a decrease in Revenue. The Revenue has decreased by -3.59% in the last year.
TPH shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 7.82% yearly.
EPS 1Y (TTM)-10.68%
EPS 3Y5.7%
EPS 5Y26.86%
EPS Q2Q%-45.6%
Revenue 1Y (TTM)-3.59%
Revenue growth 3Y4.1%
Revenue growth 5Y7.82%
Sales Q2Q%-23.46%
3.2 Future
Based on estimates for the next years, TPH will show a very negative growth in Earnings Per Share. The EPS will decrease by -11.28% on average per year.
The Revenue is expected to decrease by -7.41% on average over the next years.
EPS Next Y-44.08%
EPS Next 2Y-22.48%
EPS Next 3Y-11.28%
EPS Next 5YN/A
Revenue Next Year-24.23%
Revenue Next 2Y-12.38%
Revenue Next 3Y-7.41%
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
TPH is valuated reasonably with a Price/Earnings ratio of 8.99.
TPH's Price/Earnings ratio is a bit cheaper when compared to the industry. TPH is cheaper than 73.02% of the companies in the same industry.
TPH is valuated cheaply when we compare the Price/Earnings ratio to 27.14, which is the current average of the S&P500 Index.
TPH is valuated correctly with a Price/Forward Earnings ratio of 12.17.
Compared to the rest of the industry, the Price/Forward Earnings ratio of TPH indicates a somewhat cheap valuation: TPH is cheaper than 63.49% of the companies listed in the same industry.
TPH's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 22.80.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.99 | ||
| Fwd PE | 12.17 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of TPH indicates a somewhat cheap valuation: TPH is cheaper than 76.19% of the companies listed in the same industry.
TPH's Price/Free Cash Flow ratio is rather cheap when compared to the industry. TPH is cheaper than 87.30% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 7.85 | ||
| EV/EBITDA | 7 |
4.3 Compensation for Growth
The decent profitability rating of TPH may justify a higher PE ratio.
A cheap valuation may be justified as TPH's earnings are expected to decrease with -11.28% in the coming years.
PEG (NY)N/A
PEG (5Y)0.33
EPS Next 2Y-22.48%
EPS Next 3Y-11.28%
5. Dividend
5.1 Amount
No dividends for TPH!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
35.33
+0.25 (+0.71%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Durables & Apparel
GICS IndustryHousehold Durables
Earnings (Last)
Earnings (Next)
Inst Owners104.11%
Inst Owner Change0.02%
Ins Owners2.63%
Ins Owner Change-3.42%
Market Cap3.09B
Analysts80
Price Target39.78 (12.6%)
Short Float %3.6%
Short Ratio2.74
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)20.29%
Min EPS beat(2)-0.99%
Max EPS beat(2)41.57%
EPS beat(4)3
Avg EPS beat(4)13.92%
Min EPS beat(4)-0.99%
Max EPS beat(4)41.57%
EPS beat(8)7
Avg EPS beat(8)18.65%
EPS beat(12)11
Avg EPS beat(12)22.43%
EPS beat(16)15
Avg EPS beat(16)21.66%
Revenue beat(2)2
Avg Revenue beat(2)4.17%
Min Revenue beat(2)0.1%
Max Revenue beat(2)8.24%
Revenue beat(4)3
Avg Revenue beat(4)3.34%
Min Revenue beat(4)-0.53%
Max Revenue beat(4)8.24%
Revenue beat(8)7
Avg Revenue beat(8)4.65%
Revenue beat(12)11
Avg Revenue beat(12)9.17%
Revenue beat(16)15
Avg Revenue beat(16)8.12%
PT rev (1m)-0.43%
PT rev (3m)-0.43%
EPS NQ rev (1m)-30.93%
EPS NQ rev (3m)-42.99%
EPS NY rev (1m)-11.62%
EPS NY rev (3m)-11.62%
Revenue NQ rev (1m)-18.35%
Revenue NQ rev (3m)-28.71%
Revenue NY rev (1m)-3.7%
Revenue NY rev (3m)-3.7%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.99 | ||
| Fwd PE | 12.17 | ||
| P/S | 0.76 | ||
| P/FCF | 7.85 | ||
| P/OCF | 7.31 | ||
| P/B | 0.94 | ||
| P/tB | 0.99 | ||
| EV/EBITDA | 7 |
EPS(TTM)3.93
EY11.12%
EPS(NY)2.9
Fwd EY8.22%
FCF(TTM)4.5
FCFY12.73%
OCF(TTM)4.83
OCFY13.67%
SpS46.19
BVpS37.6
TBVpS35.81
PEG (NY)N/A
PEG (5Y)0.33
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 7.62% | ||
| ROE | 11.12% | ||
| ROCE | 10.79% | ||
| ROIC | 8.04% | ||
| ROICexc | 9.39% | ||
| ROICexgc | 10.08% | ||
| OM | 11.53% | ||
| PM (TTM) | 9.05% | ||
| GM | 22.86% | ||
| FCFM | 9.74% |
ROA(3y)9.52%
ROA(5y)9.28%
ROE(3y)15.16%
ROE(5y)15.46%
ROIC(3y)10.2%
ROIC(5y)10.07%
ROICexc(3y)12.93%
ROICexc(5y)12.56%
ROICexgc(3y)13.88%
ROICexgc(5y)13.51%
ROCE(3y)13.7%
ROCE(5y)13.52%
ROICexcg growth 3Y-4.63%
ROICexcg growth 5Y13.56%
ROICexc growth 3Y-4.66%
ROICexc growth 5Y13.81%
OM growth 3Y-5.72%
OM growth 5Y7.18%
PM growth 3Y-4.72%
PM growth 5Y8.69%
GM growth 3Y-2.33%
GM growth 5Y2.47%
F-Score5
Asset Turnover0.84
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.31 | ||
| Debt/FCF | 2.56 | ||
| Debt/EBITDA | 2.03 | ||
| Cap/Depr | 93.59% | ||
| Cap/Sales | 0.72% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 85.06% | ||
| Profit Quality | 107.64% | ||
| Current Ratio | 8.53 | ||
| Quick Ratio | 1.66 | ||
| Altman-Z | 4.26 |
F-Score5
WACC8.47%
ROIC/WACC0.95
Cap/Depr(3y)108.44%
Cap/Depr(5y)98.73%
Cap/Sales(3y)0.73%
Cap/Sales(5y)0.73%
Profit Quality(3y)88.62%
Profit Quality(5y)109.85%
High Growth Momentum
Growth
EPS 1Y (TTM)-10.68%
EPS 3Y5.7%
EPS 5Y26.86%
EPS Q2Q%-45.6%
EPS Next Y-44.08%
EPS Next 2Y-22.48%
EPS Next 3Y-11.28%
EPS Next 5YN/A
Revenue 1Y (TTM)-3.59%
Revenue growth 3Y4.1%
Revenue growth 5Y7.82%
Sales Q2Q%-23.46%
Revenue Next Year-24.23%
Revenue Next 2Y-12.38%
Revenue Next 3Y-7.41%
Revenue Next 5YN/A
EBIT growth 1Y-11.22%
EBIT growth 3Y-1.86%
EBIT growth 5Y15.56%
EBIT Next Year-25.45%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-49.68%
FCF growth 3Y19.93%
FCF growth 5Y18.68%
OCF growth 1Y-47.8%
OCF growth 3Y18.39%
OCF growth 5Y17.11%