` Comparison: TMHC, NVR - Alpha Spread

TMHC
vs
NVR

Over the past 12 months, TMHC has outperformed NVR, delivering a return of -3% compared to the NVR's 10% drop.

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TMHC
NVR
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Valuation Comparison

TMHC Intrinsic Value
80.22 USD
Undervaluation 23%
Intrinsic Value
Price
NVR Intrinsic Value
6 091.24 USD
Overvaluation 20%
Intrinsic Value
Price
Company Last Price Intrinsic Value DCF Value Relative Value Wall St Target
Taylor Morrison Home Corp
NYSE:TMHC
61.96 USD
NVR Inc
NYSE:NVR
7 584.49 USD
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Valuation Scenario:
Bear Case
Base Case
Bull Case

Growth Comparison

Growth Over Time
TMHC, NVR

TMHC
NVR
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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
Taylor Morrison Home Corp
Revenue
NVR Inc
Revenue

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

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Profitability Comparison

Free Cash Flow
TMHC, NVR

TMHC
NVR
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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
Taylor Morrison Home Corp
NYSE:TMHC
NVR Inc
NYSE:NVR
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What is Free Cash Flow?

Gross Margin

TMHC
23.9%
NVR
24.6%
LTM 3Y Avg 5Y Avg 10Y Avg
Taylor Morrison Home Corp
NVR Inc

Operating Margin

TMHC
14.5%
NVR
17.9%
LTM 3Y Avg 5Y Avg 10Y Avg
Taylor Morrison Home Corp
NVR Inc

Net Margin

TMHC
10.2%
NVR
13.5%
LTM 3Y Avg 5Y Avg 10Y Avg
Taylor Morrison Home Corp
NVR Inc

FCF Margin

TMHC
6.8%
NVR
12.2%
LTM 3Y Avg 5Y Avg 10Y Avg
Taylor Morrison Home Corp
NVR Inc

ROE

TMHC
14.3%
NVR
34.8%
LTM 3Y Avg 5Y Avg 10Y Avg
Taylor Morrison Home Corp
NVR Inc

ROA

TMHC
9%
NVR
22.9%
LTM 3Y Avg 5Y Avg 10Y Avg
Taylor Morrison Home Corp
NVR Inc

ROIC

TMHC
10.5%
NVR
40.5%
LTM 3Y Avg 5Y Avg 10Y Avg
Taylor Morrison Home Corp
NVR Inc

ROCE

TMHC
14.6%
NVR
37.7%
LTM 3Y Avg 5Y Avg 10Y Avg
Taylor Morrison Home Corp
NVR Inc

Solvency Comparison

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Balance Sheet Comparison
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Stocks Performance

Stocks Performance
TMHC, NVR

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Performance Gap
TMHC, NVR

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TMHC
NVR
Difference
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Performance By Year
TMHC, NVR

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TMHC
NVR
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