TRI POINTE HOMES INC (TPH) Stock Fundamental Analysis
USA - NYSE:TPH - US87265H1095 - Common Stock
31.59 USD
+0.15 (+0.48%)
31.59 USD
0 (0%)
TPH gets a fundamental rating of 6 out of 10. The analysis compared the fundamentals against 61 industry peers in the Household Durables industry. TPH has an excellent financial health rating, but there are some minor concerns on its profitability. TPH has a valuation in line with the averages, but on the other hand it scores bad on growth.
1. Profitability
1.1 Basic Checks
TPH had positive earnings in the past year.
In the past year TPH had a positive cash flow from operations.
TPH had positive earnings in each of the past 5 years.
TPH had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
TPH's Return On Assets of 7.62% is fine compared to the rest of the industry. TPH outperforms 65.57% of its industry peers.
TPH has a Return On Equity (11.12%) which is comparable to the rest of the industry.
Looking at the Return On Invested Capital, with a value of 8.04%, TPH is in line with its industry, outperforming 57.38% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for TPH is in line with the industry average of 10.21%.
| 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
The Profit Margin of TPH (9.05%) is better than 77.05% of its industry peers.
TPH's Profit Margin has improved in the last couple of years.
TPH has a Operating Margin of 11.53%. This is in the better half of the industry: TPH outperforms 70.49% of its industry peers.
In the last couple of years the Operating Margin of TPH has grown nicely.
TPH's Gross Margin of 22.86% is on the low side compared to the rest of the industry. TPH is outperformed by 68.85% of its industry peers.
TPH's Gross Margin has improved in the last couple of years.
| 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
TPH has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
The number of shares outstanding for TPH has been reduced compared to 1 year ago.
The number of shares outstanding for TPH has been reduced compared to 5 years ago.
Compared to 1 year ago, TPH has an improved debt to assets ratio.
2.2 Solvency
TPH has an Altman-Z score of 4.12. This indicates that TPH is financially healthy and has little risk of bankruptcy at the moment.
With a decent Altman-Z score value of 4.12, TPH is doing good in the industry, outperforming 67.21% of the companies in the same industry.
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.
Looking at the Debt to FCF ratio, with a value of 2.56, TPH is in the better half of the industry, outperforming 70.49% of the companies in the same industry.
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 | 4.12 |
ROIC/WACC0.94
WACC8.56%
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 88.52% 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 81.97% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 8.53 | ||
| Quick Ratio | 1.66 |
3. Growth
3.1 Past
TPH shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -29.67%.
Measured over the past years, TPH shows a very strong growth in Earnings Per Share. The EPS has been growing by 26.86% on average per year.
TPH shows a strong growth in Revenue. In the last year, the Revenue has grown by 20.93%.
TPH shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 7.82% yearly.
EPS 1Y (TTM)-29.67%
EPS 3Y5.7%
EPS 5Y26.86%
EPS Q2Q%-45.76%
Revenue 1Y (TTM)20.93%
Revenue growth 3Y4.1%
Revenue growth 5Y7.82%
Sales Q2Q%-25.74%
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.
TPH is expected to show a decrease in Revenue. In the coming years, the Revenue will decrease by -7.39% yearly.
EPS Next Y-44.08%
EPS Next 2Y-22.48%
EPS Next 3Y-11.28%
EPS Next 5YN/A
Revenue Next Year-24.05%
Revenue Next 2Y-12.39%
Revenue Next 3Y-7.39%
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
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
A Price/Earnings ratio of 9.32 indicates a reasonable valuation of TPH.
Based on the Price/Earnings ratio, TPH is valued a bit cheaper than 68.85% of the companies in the same industry.
TPH's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 25.83.
The Price/Forward Earnings ratio is 10.88, which indicates a very decent valuation of TPH.
60.66% of the companies in the same industry are more expensive than TPH, based on the Price/Forward Earnings ratio.
The average S&P500 Price/Forward Earnings ratio is at 32.68. TPH is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.32 | ||
| Fwd PE | 10.88 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, TPH is valued a bit cheaper than 72.13% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, TPH is valued cheaper than 83.61% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 7.02 | ||
| EV/EBITDA | 6.31 |
4.3 Compensation for Growth
The decent profitability rating of TPH may justify a higher PE ratio.
TPH's earnings are expected to decrease with -11.28% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)0.35
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 |
31.59
+0.15 (+0.48%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Durables & Apparel
GICS IndustryHousehold Durables
Earnings (Last)
Earnings (Next)
Inst Owners103.17%
Inst Owner Change-1.2%
Ins Owners2.63%
Ins Owner Change1.03%
Market Cap2.76B
Revenue(TTM)4.49B
Net Income(TTM)365.76M
Analysts80
Price Target38.66 (22.38%)
Short Float %5.31%
Short Ratio4.87
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)-2.81%
PT rev (3m)-3.22%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-5.74%
EPS NY rev (1m)0%
EPS NY rev (3m)-11.62%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-5.88%
Revenue NY rev (1m)0.24%
Revenue NY rev (3m)-0.96%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.32 | ||
| Fwd PE | 10.88 | ||
| P/S | 0.68 | ||
| P/FCF | 7.02 | ||
| P/OCF | 6.54 | ||
| P/B | 0.84 | ||
| P/tB | 0.88 | ||
| EV/EBITDA | 6.31 |
EPS(TTM)3.39
EY10.73%
EPS(NY)2.9
Fwd EY9.19%
FCF(TTM)4.5
FCFY14.24%
OCF(TTM)4.83
OCFY15.29%
SpS46.19
BVpS37.6
TBVpS35.81
PEG (NY)N/A
PEG (5Y)0.35
Graham Number53.55
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%
ROICexgc growth 3Y-4.63%
ROICexgc 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 | 4.12 |
F-Score5
WACC8.56%
ROIC/WACC0.94
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)-29.67%
EPS 3Y5.7%
EPS 5Y26.86%
EPS Q2Q%-45.76%
EPS Next Y-44.08%
EPS Next 2Y-22.48%
EPS Next 3Y-11.28%
EPS Next 5YN/A
Revenue 1Y (TTM)20.93%
Revenue growth 3Y4.1%
Revenue growth 5Y7.82%
Sales Q2Q%-25.74%
Revenue Next Year-24.05%
Revenue Next 2Y-12.39%
Revenue Next 3Y-7.39%
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%
TRI POINTE HOMES INC / TPH FAQ
What is the ChartMill fundamental rating of TRI POINTE HOMES INC (TPH) stock?
ChartMill assigns a fundamental rating of 6 / 10 to TPH.
What is the valuation status of TRI POINTE HOMES INC (TPH) stock?
ChartMill assigns a valuation rating of 6 / 10 to TRI POINTE HOMES INC (TPH). This can be considered as Fairly Valued.
Can you provide the profitability details for TRI POINTE HOMES INC?
TRI POINTE HOMES INC (TPH) has a profitability rating of 6 / 10.
What is the valuation of TRI POINTE HOMES INC based on its PE and PB ratios?
The Price/Earnings (PE) ratio for TRI POINTE HOMES INC (TPH) is 9.32 and the Price/Book (PB) ratio is 0.84.