` Comparison: NVE vs HO2 - Alpha Spread

NVE
vs
D
HO2

Over the past 12 months, NVE has underperformed HO2, delivering a return of -17% compared to the HO2's 4% drop.

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NVE
HO2
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Valuation Comparison

NVE Intrinsic Value
5 247.97 EUR
Overvaluation 3%
Intrinsic Value
Price
D
HO2 Intrinsic Value
126.26 EUR
Undervaluation 10%
Intrinsic Value
Price
Company Last Price Intrinsic Value DCF Value Relative Value Wall St Target
NVR Inc
F:NVE
5 400 EUR
D
DR Horton Inc
XMUN:HO2
114.06 EUR
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Valuation Scenario:
Bear Case
Base Case
Bull Case

Growth Comparison

Growth Over Time
NVE, HO2

NVE
HO2
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Revenue
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Company LTM Historical Growth Growth Streak % Positive Years Max Drawdown Volatility Forecasted Growth
3 Years 5 Years 10 Years 1 Year 3 Years
NVR Inc
Revenue
D
DR Horton Inc
Revenue

All metrics are calculated based on data from the last 10 years.

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Profitability Comparison

Free Cash Flow
NVE, HO2

NVE
HO2
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Free Cash Flow
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Company LTM Average Historical Growth FCF Margin Conversion
3 Years 5 Years 3 Years 5 Years 10 Years
NVR Inc
F:NVE
D
DR Horton Inc
XMUN:HO2
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What is Free Cash Flow?

Gross Margin

NVE
23.8%
HO2
23.6%
LTM 3Y Avg 5Y Avg 10Y Avg
NVR Inc
D
DR Horton Inc

Operating Margin

NVE
17.1%
HO2
13.6%
LTM 3Y Avg 5Y Avg 10Y Avg
NVR Inc
D
DR Horton Inc

Net Margin

NVE
12.8%
HO2
9.9%
LTM 3Y Avg 5Y Avg 10Y Avg
NVR Inc
D
DR Horton Inc

FCF Margin

NVE
10.5%
HO2
10.4%
LTM 3Y Avg 5Y Avg 10Y Avg
NVR Inc
D
DR Horton Inc

ROE

NVE
33.2%
HO2
13.6%
LTM 3Y Avg 5Y Avg 10Y Avg
NVR Inc
D
DR Horton Inc

ROA

NVE
21.9%
HO2
9.6%
LTM 3Y Avg 5Y Avg 10Y Avg
NVR Inc
D
DR Horton Inc

ROIC

NVE
38.8%
HO2
11.2%
LTM 3Y Avg 5Y Avg 10Y Avg
NVR Inc
D
DR Horton Inc

ROCE

NVE
36.2%
HO2
15.4%
LTM 3Y Avg 5Y Avg 10Y Avg
NVR Inc
D
DR Horton Inc

Solvency Comparison

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Balance Sheet Comparison
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Stocks Performance

Stocks Performance
NVE, HO2

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Performance Gap
NVE, HO2

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NVE
HO2
Difference
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Performance By Year
NVE, HO2

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NVE
HO2
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Compare NVE to other stocks
DHI
D R Horton Inc
Cheaper
vs NVE
LEN
Lennar Corp
Cheaper
vs NVE
PHM
Pultegroup Inc
Cheaper
vs NVE
1928
Sekisui House Ltd
More expensive
vs NVE
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Intrinsic Value is all-important and is the only logical way to evaluate the relative attractiveness of investments and businesses.

Warren Buffett