Does TopBuild (NYSE:BLD) Have A Healthy Balance Sheet?
Oct 30
U.S. Homebuilding Industry Analysis
UpdatedOct 30, 2023
DataAggregated Company Financials
Companies33
- 7D0.3%
- 3M-19.3%
- 1Y34.1%
- YTD21.7%
Last week, the Homebuilding industry hasn't moved much but M/I Homes is up 5.8% in that time. As for the the longer term, the industry is up 34% over the past 12 months. Earnings are forecast to be flat in the coming years.
Industry Valuation and Performance
Has the U.S. Homebuilding Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Mon, 30 Oct 2023 | US$147.8b | US$170.1b | US$21.1b | 6.9x | 7x | 0.9x |
| Wed, 27 Sep 2023 | US$159.9b | US$171.3b | US$21.4b | 7.3x | 7.5x | 0.9x |
| Fri, 25 Aug 2023 | US$171.6b | US$171.9b | US$21.9b | 7.9x | 7.8x | 1x |
| Sun, 23 Jul 2023 | US$181.1b | US$172.7b | US$22.3b | 8.5x | 8.1x | 1x |
| Tue, 20 Jun 2023 | US$170.1b | US$171.7b | US$22.6b | 7.5x | 7.5x | 1x |
| Thu, 18 May 2023 | US$162.2b | US$172.4b | US$23.1b | 6.7x | 7x | 0.9x |
| Sat, 15 Apr 2023 | US$146.8b | US$172.3b | US$23.9b | 5.2x | 6.1x | 0.9x |
| Mon, 13 Mar 2023 | US$136.2b | US$171.6b | US$23.8b | 4.6x | 5.7x | 0.8x |
| Wed, 08 Feb 2023 | US$143.0b | US$171.0b | US$23.6b | 5.1x | 6.1x | 0.8x |
| Fri, 06 Jan 2023 | US$126.3b | US$168.4b | US$23.6b | 4.2x | 5.3x | 0.7x |
| Sun, 04 Dec 2022 | US$120.2b | US$166.0b | US$23.2b | 4x | 5.2x | 0.7x |
| Tue, 01 Nov 2022 | US$110.7b | US$162.6b | US$22.6b | 4.3x | 4.9x | 0.7x |
| Thu, 29 Sep 2022 | US$106.4b | US$160.8b | US$22.0b | 4.3x | 4.8x | 0.7x |
| Sat, 27 Aug 2022 | US$112.5b | US$158.3b | US$21.8b | 4.4x | 5.2x | 0.7x |
| Mon, 25 Jul 2022 | US$120.2b | US$154.7b | US$20.9b | 5.2x | 5.8x | 0.8x |
| Wed, 22 Jun 2022 | US$96.4b | US$152.9b | US$20.3b | 4.2x | 4.8x | 0.6x |
| Fri, 20 May 2022 | US$110.2b | US$150.3b | US$20.0b | 4.8x | 5.5x | 0.7x |
| Sun, 17 Apr 2022 | US$114.5b | US$146.2b | US$18.8b | 5.3x | 6.1x | 0.8x |
| Tue, 15 Mar 2022 | US$125.4b | US$144.7b | US$19.2b | 6.1x | 6.5x | 0.9x |
| Thu, 10 Feb 2022 | US$143.5b | US$143.5b | US$19.0b | 6.9x | 7.6x | 1x |
| Sat, 08 Jan 2022 | US$153.5b | US$139.0b | US$17.9b | 8.1x | 8.6x | 1.1x |
| Mon, 06 Dec 2021 | US$162.4b | US$134.1b | US$16.8b | 8.8x | 9.7x | 1.2x |
| Wed, 03 Nov 2021 | US$147.5b | US$132.1b | US$16.2b | 9x | 9.1x | 1.1x |
| Fri, 01 Oct 2021 | US$137.6b | US$130.3b | US$15.7b | 7.9x | 8.7x | 1.1x |
| Sun, 29 Aug 2021 | US$156.7b | US$128.2b | US$14.9b | 9.5x | 10.5x | 1.2x |
| Mon, 05 Jul 2021 | US$147.6b | US$127.3b | US$14.7b | 9.1x | 10x | 1.2x |
| Thu, 08 Apr 2021 | US$147.1b | US$118.9b | US$12.8b | 11x | 11.5x | 1.2x |
| Sun, 10 Jan 2021 | US$115.3b | US$111.1b | US$11.0b | 10.2x | 10.5x | 1x |
Price to Earnings Ratio
10.9x
Current Industry PE
- Investors are pessimistic on the American Homebuilding industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The industry is trading at a PE ratio of 7.0x which is lower than its 3-year average PE of 8.0x.
- The industry is trading close to its 3-year average PS ratio of 0.97x.
Past Earnings Growth
- The earnings for companies in the Homebuilding industry have grown 29% per year over the last three years.
- Revenues for these companies have grown 16% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Comparison
How does U.S. Homebuilding compare with similar industries?
| US Market | -2.42% | |
| Consumer Discretionary | -0.39% | |
| Consumer Durables | -1.62% | |
| Homebuilding | 0.27% | |
| Housewares and Specialties | -4.00% | |
| Home Furnishings | -4.31% | |
| Consumer Electronics | -4.43% | |
| Household Appliances | -10.76% | |
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| MHO M/I Homes | US$81.32 | 5.8% +US$123.1m | 96.0% | PE4.6x | |
| CCS Century Communities | US$60.85 | 2.1% +US$25.4m | 36.7% | PE7.8x | |
| PHM PulteGroup | US$71.92 | 1.9% +US$19.3m | 79.8% | PE5.6x | |
| DFH Dream Finders Homes | US$19.15 | 0.8% +US$14.9m | 72.5% | PE6.9x | |
| BZH Beazer Homes USA | US$23.43 | 1.9% +US$13.1m | 107.2% | PE3.8x |
