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NVR Inc Stock Research

NVR

5475.51USD+49.44(+0.91%)Delayedas of 23 Mar 2023, 11:02 am

Market Summary

USD5475.51+49.44
Delayedas of 23 Mar 2023, 11:02 am
0.91%

NVR Alerts

NVR Stock Price

NVR RSI Chart

NVR Valuation

Market Cap

17.9B

Price/Earnings (Trailing)

10.37

Price/Sales (Trailing)

1.7

EV/EBITDA

6.33

Price/Free Cashflow

9.66

NVR Price/Sales (Trailing)

NVR Profitability

EBT Margin

17.97%

Return on Equity

49.21%

Return on Assets

30.48%

Free Cashflow Yield

10.35%

NVR Fundamentals

NVR Revenue

Revenue (TTM)

10.5B

Revenue Y/Y

21.6%

Revenue Q/Q

-2.33%

NVR Earnings

Earnings (TTM)

1.7B

Earnings Y/Y

35.92%

Earnings Q/Q

10.54%

Price Action

52 Week Range

3576.015549.43
(Low)(High)

Last 7 days

-0.3%

Last 30 days

2.4%

Last 90 days

9.9%

Trailing 12 Months

10.6%

NVR Financial Health

NVR Investor Care

Buy Backs (1Y)

8.30%

Diluted EPS (TTM)

491.82

Peers (Alternatives to NVR)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
33.7B
33.7B
-4.22% 20.48%
5.93
1
16.58% 25.40%
18.6B
4.9B
-1.90% -11.92%
19.15
3.84
-2.46% -10.04%
17.9B
10.5B
2.36% 10.58%
10.37
1.7
17.60% 39.53%
12.6B
16.2B
-4.83% 17.99%
4.83
0.78
16.53% 34.48%
MID-CAP
7.0B
19.7B
-12.75% -30.01%
-4.6
0.35
-10.28% -185.19%
6.6B
10.3B
-3.95% 14.25%
5
0.65
13.82% 49.17%
4.0B
5.6B
-7.85% 14.86%
4.04
0.65
- 34.54%
3.1B
6.9B
-8.57% -3.63%
3.76
0.45
20.59% 44.61%
2.7B
5.7B
-7.50% -10.13%
4.79
0.47
8.82% -2.01%
2.5B
2.3B
-10.91% -11.25%
7.67
1.09
-24.45% -23.99%
SMALL-CAP
1.6B
4.1B
-5.07% 17.18%
3.31
0.39
10.29% 23.63%
1.5B
1.8B
-3.43% 43.53%
5.17
0.86
25.30% 53.46%
460.2M
2.3B
-9.42% -14.74%
2.19
0.2
6.55% 45.02%
446.0M
2.9B
-7.70% -4.12%
1.98
0.15
3.56% -62.90%
48.5M
37.8M
8.59% 1.92%
9.18
1.28
25.98% -64.49%

Financials for NVR

Income Statement (Last 12 Months)
(In Millions)
* denotes actual numbers (not divided by Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Revenue4.8%10,52610,0459,6639,2888,951
EBITDA-0.1%1,8071,808---
EBITDA Margin-4.0%0.19*0.19*---
EBT Margin-3.9%0.18*0.19*---
Interest Expenses-13.8%40.0046.0052.0053.0053.00
Net Income7.5%1,7261,6051,5261,4141,237
Net Income Margin2.6%0.16*0.16*0.16*0.15*-
Free Cahsflow43.0%1,8521,2951,1491,205-
Balance Sheet
(In Millions)
* denotes actual numbers (not divided by Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Assets5.0%5,6615,3905,2885,7265,834
    Cash Equivalents41.4%2,5751,8211,5642,2272,637
Liabilities-6.5%2,1542,3052,2963,0012,832
Shareholder's Equity13.7%3,5073,0852,9922,7263,002
  Retained Earnings4.0%11,77311,31910,90710,47410,048
  Additional Paid-In Capital2.4%2,6002,5392,4982,4172,378
Shares Outstanding-0.6%3.003.003.00--
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Cashflow From Operations42.4%1,8701,3131,1691,2231,242
  Share Based Compensation11.8%83.0074.0062.0055.0058.00
Cashflow From Investing-2.2%-27.43-26.83-29.18-19.10-18.18
Cashflow From Financing13.9%-1,905-2,212-2,240-1,791-1,397
  Buy Backs-15.2%1,5001,7691,7991,9091,538

Risks for NVR

What is the probability of a big loss on NVR?

66.5%


Probability that NVR stock will be more than 20% underwater in next one year

46.9%


Probability that NVR stock will be more than 30% underwater in next one year.

23.5%


Probability that NVR stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does NVR drawdown profile look like?

Y-axis is the maximum loss one would have experienced if NVR was unfortunately bought at previous high price.

Drawdowns

Returns for NVR

Cumulative Returns on NVR

17.7%


10-Year Cumulative Returns

17.8%


7-Year Cumulative Returns

11.7%


5-Year Cumulative Returns

22.1%


3-Year Cumulative Returns

What are the long-term rolling returns for NVR?

FIve years rolling returns for NVR.

Annualized Returns

Which funds bought or sold NVR recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2023-03-10
VICTORY CAPITAL MANAGEMENT INC
added
1.93
8,451,100
55,623,100
0.06%
2023-03-06
Rockefeller Capital Management L.P.
reduced
-19.38
-31,000
483,000
-%
2023-03-01
Lakewood Asset Management LLC
new
-
1,960,000
1,960,000
1.58%
2023-02-28
Voya Investment Management LLC
reduced
-2.02
924,999
7,846,000
0.01%
2023-02-24
National Pension Service
reduced
-7.55
1,602,360
24,668,100
0.05%
2023-02-24
NATIXIS
added
25.12
1,104,100
3,630,100
0.02%
2023-02-22
TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY
reduced
-13.81
-82,000
28,796,000
0.30%
2023-02-22
IMS Capital Management
unchanged
-
143,281
1,056,280
0.67%
2023-02-21
Empirical Finance, LLC
added
4.85
139,976
797,976
0.08%
2023-02-21
NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO
reduced
-22.00
-20,109
179,891
-%

1–10 of 50

Latest Funds Activity

Are funds buying NVR calls or puts?
Calls
Puts
Are funds bullish or bearish(Calls - Puts)?
Net Call Options
No. of funds that own NVR
No. of Funds

NVR News

Yahoo Finance

Asia Pacific Mobile Video Surveillance Markets Report 2022: China Offers the Most Lucrative Opportunities with An Estimated Value of $317.5 Million by 2028.

Yahoo Finance,
2 hours ago

Marketscreener.com

KB Home : Q1 2023 Investor Presentation.

Marketscreener.com,
16 hours ago

Zacks Investment Research

3 Top Housing Stocks You'll Regret Not Buying Soon.

Zacks Investment Research,
26 hours ago

Marketscreener.com

NVR : SUSE S.A..

Marketscreener.com,
6 days ago

Schedule 13G FIlings of NVR

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 13, 2023
capital research global investors
3.7%
119,731
SC 13G/A
Feb 09, 2023
vanguard group inc
10.77%
344,319
SC 13G/A
Feb 07, 2023
blackrock inc.
7.2%
230,029
SC 13G/A
Feb 11, 2022
capital research global investors
5.4%
188,073
SC 13G
Feb 10, 2022
vanguard group inc
10.00%
348,315
SC 13G/A
Feb 01, 2022
blackrock inc.
7.9%
275,538
SC 13G/A
Feb 10, 2021
vanguard group inc
10.21%
379,703
SC 13G/A
Jan 29, 2021
blackrock inc.
7.9%
292,482
SC 13G/A
Feb 12, 2020
vanguard group inc
10.90%
402,801
SC 13G/A
Feb 07, 2020
fmr llc
-
0
SC 13G/A

NVR Fair Value

NVR fair value in different scenarios

The table shows the Fair Value estimates for NVR for various scenarios. Disclaimer: These are just estimations from a model. None of the models are good at predicting the future. Please dont buy or sell stocks based on these outputs.
Fair ValueVery PessimisticPessimisticBase CaseOptimisticVery Optimistic
Very Low Inflation

-

-

-

-

-

-

-

-

-

-
Current Inflation

6384.06

16.59%

8028.79

46.63%

11447.11

109.06%

27127.69

395.44%

40485.52

639.39%
Very High Inflation

-

-

-

-

-

-

-

-

-

-

Historical NVR Fair Value Estimates


Very Pessimistic Case
Pessimistic Case
Fair Value
Optimistic Case
Very Optimistic Case
Closing Stock Price

Recent SEC filings of NVR

View All Filings
Date Filed Form Type Document
Mar 15, 2023
DEF 14A
DEF 14A
Mar 15, 2023
DEFA14A
DEFA14A
Mar 10, 2023
4
Insider Trading
Mar 01, 2023
4
Insider Trading
Feb 28, 2023
4
Insider Trading
Feb 15, 2023
10-K
Annual Report
Feb 13, 2023
SC 13G/A
Major Ownership Report
Feb 09, 2023
SC 13G/A
Major Ownership Report
Feb 09, 2023
4
Insider Trading
Feb 07, 2023
SC 13G/A
Major Ownership Report

Latest Insider Trading transactions for NVR

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2023-02-28
Malzahn Daniel David
acquired
109,422
1,094
100
chief financial officer
2023-02-28
Malzahn Daniel David
sold
-521,322
5,213
-100
chief financial officer
2023-02-27
Bredow Eugene James
acquired
1,860,170
1,094
1,700
chief executive officer
2023-02-27
Malzahn Daniel David
acquired
2,188,440
1,094
2,000
chief financial officer
2023-02-27
Malzahn Daniel David
sold
-10,333,900
5,166
-2,000
chief financial officer
2023-02-27
Bredow Eugene James
sold
-6,701,500
5,155
-1,300
chief executive officer
2023-02-24
Bredow Eugene James
sold
-10,260,000
5,130
-2,000
chief executive officer
2023-02-24
Bredow Eugene James
acquired
2,188,440
1,094
2,000
chief executive officer
2023-02-08
FESTA ALFRED E
acquired
1,750,750
1,094
1,600
-
2023-02-08
FESTA ALFRED E
sold
-8,052,540
5,032
-1,600
-

1–10 of 50

Eugene J. Bredow
6600
NVR, Inc. operates as a homebuilder in the United States. The company operates in two segments, Homebuilding and Mortgage Banking. It engages in the construction and sale of single-family detached homes, townhomes, and condominium buildings under the Ryan Homes, NVHomes, and Heartland Homes names. The company markets its Ryan Homes products to first-time and first-time move-up buyers; and NVHomes and Heartland Homes products to move-up and luxury buyers. It also provides various mortgage related services to its homebuilding customers, as well as brokers title insurance; performs title searches in connection with mortgage loan closings; and sells mortgage loans to investors in the secondary markets on a servicing released basis. The company primarily serves in Maryland, Virginia, West Virginia, Delaware, New Jersey, Eastern Pennsylvania, New York, Ohio, Western Pennsylvania, Indiana, Illinois, North Carolina, South Carolina, Florida, Tennessee, and Washington, D.C. NVR, Inc. was founded in 1980 and is headquartered in Reston, Virginia.

NVR Income Statement

2022-12-31
Consolidated Statements of Income - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Revenues$ 10,526,434$ 8,951,025$ 7,536,923
Interest expense(39,524)(53,117)(40,872)
Profit before taxes2,253,1941,590,4031,078,033
Income tax expense(527,619)(353,684)(176,785)
Net income$ 1,725,575$ 1,236,719$ 901,248
Basic earnings per share (USD per share)$ 525.20$ 345.37$ 244.11
Diluted earnings per share (USD per share)$ 491.82$ 320.48$ 230.11
Basic weighted average shares outstanding (in Shares)3,285,5623,580,8003,691,987
Diluted weighted average shares outstanding (in Shares)3,508,5243,858,9123,916,661
Home Building   
Revenues$ 10,326,770$ 8,701,693$ 7,328,889
Other income37,0386,55916,938
Cost of sales(7,662,271)(6,763,115)(5,937,401)
Selling, general and administrative(532,353)(474,808)(431,008)
Interest expense(38,140)(51,530)(39,458)
Profit before taxes2,131,0441,418,799937,960
Operating income2,169,1841,470,329977,418
Mortgage Banking   
Revenues199,664249,332208,034
Interest income11,8538,7258,930
Other income4,9633,7533,249
General and administrative(92,946)(88,619)(78,726)
Interest expense(1,384)(1,587)(1,414)
Profit before taxes$ 122,150$ 171,604$ 140,073

NVR Balance Sheet

2022-12-31
Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2022
Dec. 31, 2021
Inventory:  
Land under development$ 27,100$ 12,147
Contract land deposits, net496,080497,139
Total assets5,660,9735,834,475
LIABILITIES AND SHAREHOLDERS' EQUITY  
Operating Lease, Liability92,786 
Total liabilities2,154,1242,832,097
Commitments and contingencies
Common stock, shares authorized60,000,00060,000,000
Common stock, par value$ 0.01$ 0.01
Shareholders' equity:  
Common stock, $0.01 par value; 60,000,000 shares authorized; 20,555,330 shares issued as of both December 31, 2017 and December 31, 2016$ 206$ 206
Additional paid-in capital2,600,0142,378,191
Deferred compensation trust – 108,640 shares of NVR, Inc. common stock as of both December 31, 2017 and December 31, 2016(16,710)(16,710)
Deferred compensation liability16,71016,710
Retained earnings11,773,41410,047,839
Less treasury stock at cost – 16,864,324 and 16,862,327 shares as of December 31, 2017 and December 31, 2016, respectively(10,866,785)(9,423,858)
Total shareholders' equity3,506,8493,002,378
Total liabilities and shareholders' equity$ 5,660,973$ 5,834,475
Common stock, shares issued20,555,33020,555,330
Deferred compensation trust, shares106,697106,697
Home Building  
ASSETS  
Cash and cash equivalents$ 2,503,424$ 2,545,069
Restricted cash48,45560,730
Receivables20,84218,552
Inventory:  
Lots and housing units, covered under sales agreements with customers1,554,9551,777,862
Unsold lots and housing units181,952127,434
Land under development27,10012,147
Building materials and other24,26829,923
Total Inventory1,788,2751,947,366
Contract land deposits, net496,080497,139
Property, plant and equipment, net57,95056,979
Operating Lease, Right-of-Use Asset71,08159,010
Goodwill acquired from business acquisition41,58041,580
Deferred tax assets, net143,585132,894
Other assets75,89896,124
Total assets5,247,1705,455,443
LIABILITIES AND SHAREHOLDERS' EQUITY  
Accounts payable334,016336,560
Accrued expenses and other liabilities437,234435,860
Contract with Customer, Liability313,804417,463
Operating Lease, Liability75,81864,128
Senior notes914,8881,516,255
Total liabilities2,075,7602,770,266
Mortgage Banking  
ASSETS  
Cash and cash equivalents19,41528,398
Restricted cash2,9742,519
Financing Receivable, Held-for-Sale, Not Part of Disposal Group, after Valuation Allowance316,806302,192
Inventory:  
Property, plant and equipment, net3,5593,658
Operating Lease, Right-of-Use Asset16,0119,758
Goodwill acquired from business acquisition7,3477,347
Other assets47,69125,160
Total assets413,803379,032
LIABILITIES AND SHAREHOLDERS' EQUITY  
Operating Lease, Liability16,96810,437
Accounts payable and other liabilities61,39651,394
Total liabilities$ 78,364$ 61,831