Added to YB: 2026-06-24
Pitch date: 2026-04-16
NVR [bullish]
NVR, Inc.
-4.94%
current return
Author Info
No bio for this author
Company Info
NVR, Inc. operates as a homebuilder in the United States. The company operates through Homebuilding and Mortgage Banking segments.
Market Cap
$17.1B
Pitch Price
$6.8K
Price Target
N/A
Dividend
N/A
EV/EBITDA
9.53
P/E
15.44
EV/Sales
1.67
Sector
Household Durables
Category
value
NVR, Inc. - $NVR
NVR: Asset-light homebuilder via option-based Lot Purchase Agreements, not land-banking. 33.2% ROE, negative 33.7% net debt, 79-day inventory turns, 21.2% gross margin. ~100% FCF to buybacks (85%+ shares retired, $1.8B in 2025). 15.7x P/E, 10x EV/EBITDA vs peers w/ half the ROE. Mispriced as cyclical builder vs manufacturing utility. Catalysts: buybacks, rate-driven demand thaw, re-rating. Max GFC loss limited to $650M deposits.
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