2.54%
4.63%
-6.16%
-16.15%
9.88%
59.34%
133.33%
AI Spotlight on TPH
Company Description
Tri Pointe Homes, Inc.engages in the design, construction, and sale of single-family attached and detached homes in the United States.The company operates through a portfolio of six brands comprising Maracay in Arizona; Pardee Homes in California and Nevada; Quadrant Homes in Washington; Trendmaker Homes in Texas; TRI Pointe Homes in California, Colorado, and the Carolinas; and Winchester Homes in Maryland, Virginia, and the District of Columbia.
As of December 31, 2021, its operations consisted of 112 active selling communities and 41,675 owned or controlled lots.The company sells its homes through own sales representatives and independent real estate brokers.It also provides financial services, such as mortgage financing, title and escrow, and property and casualty insurance agency services.
The company was formerly known as TRI Pointe Group, Inc.and changed its name to Tri Pointe Homes, Inc.in January 2021.
Tri Pointe Homes, Inc.was founded in 2009 and is headquartered in Irvine, California.
Market Data
| Last Price | 37.94 |
| Change Percentage | 2.54% |
| Open | 37.4 |
| Previous Close | 37 |
| Market Cap ( Millions) | 3551 |
| Volume | 529789 |
| Year High | 47.78 |
| Year Low | 33.24 |
| M A 50 | 38.99 |
| M A 200 | 40.51 |
Financial Ratios
| FCF Yield | 10.73% |
| Dividend Yield | 0.00% |
| ROE | 14.83% |
| Debt / Equity | 33.08% |
| Net Debt / EBIDTA | 64.20% |
| Price To Book | 1.09 |
| Price Earnings Ratio | 7.69 |
| Price To FCF | 9.32 |
| Price To sales | 0.79 |
| EV / EBITDA | 6.35 |
News
- Jan -22 - Tri Pointe Homes, Inc. Announces Fourth Quarter 2024 Earnings Release and Conference Call Date
- Dec -23 - Existing Home Sales Climb in November: What's in for Homebuilders?
- Dec -19 - Tri Pointe Homes Introduces New Community Twinleaf Townes Featuring Interior Designs by Acclaimed Designer Bobby Berk
- Dec -18 - Tri Pointe Homes, Inc. Announces $250 Million Stock Repurchase Program
- Nov -25 - TPH Expands Into Greater Orlando With 178 Homesites Acquisition
- Nov -22 - Tri Pointe Homes® Closes on First Land Acquisition in the Greater Orlando Market, Marking the Homebuilder's Debut in Minneola's Sugarloaf Mountain Community
- Oct -29 - TPH or PSMMY: Which Is the Better Value Stock Right Now?
- Oct -25 - Tri Pointe Homes, Inc. (TPH) Q3 2024 Earnings Call Transcript
- Oct -24 - Tri Pointe (TPH) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates
- Oct -24 - Tri Pointe Homes (TPH) Beats Q3 Earnings and Revenue Estimates
- Oct -24 - Tri Pointe Homes, Inc. Reports 2024 Third Quarter Results
- Oct -22 - 4 Homebuilder Stocks Set to Gain From Rising Confidence
- Oct -22 - Tri Pointe Homes Opens The Mews: Final Phase of Holding Village Master Planned Community in Wake Forest
- Oct -21 - Gear Up for Tri Pointe (TPH) Q3 Earnings: Wall Street Estimates for Key Metrics
- Oct -18 - Builder Confidence Rises in October: 5 Housing Stocks to Watch
- Oct -15 - 10 small-cap stocks selected by digging deep for quality
- Oct -10 - Tri Pointe Homes Earns Top Honors at the Great American Living Awards 2024
- Sep -26 - Tri Pointe Homes, Inc. Announces Third Quarter 2024 Earnings Release and Conference Call Date
- Sep -19 - The Zacks Analyst Blog Dream Finders Homes, Century Communities, Taylor Morrison Home, Meritage Homes and Tri Pointe Homes
- Sep -18 - Builder Confidence Bounce Back in September: 5 Housing Stocks to Watch
Business Breakdown
Expected Mid-Term Growth
Segment n°1 -> Homebuilding - West
Expected Growth : 9.5 %
What the company do ?
Homebuilding - West from Tri Pointe Homes, Inc. offers new homes in California, Nevada, and Arizona, focusing on quality, design, and customer experience.
Why we expect these perspectives ?
Tri Pointe Homes, Inc.'s 9.5% growth in the West Homebuilding segment is driven by increasing demand for new homes, particularly in California and Nevada, fueled by job growth, low unemployment, and favorable demographics. Additionally, the company's strategic land acquisition and development, as well as its focus on affordable luxury homes, have contributed to its growth in the region.
Segment n°2 -> Homebuilding - Central
Expected Growth : 9.8 %
What the company do ?
Homebuilding - Central from Tri Pointe Homes, Inc. offers new homes in the central US, focusing on quality, design, and customer experience.
Why we expect these perspectives ?
Tri Pointe Homes' Central segment growth of 9.8% is driven by increasing demand for new homes, particularly in the Midwest and Texas regions. Strong job markets, low unemployment, and favorable demographics contribute to this growth. Additionally, the company's strategic land acquisition and development efforts, as well as its focus on affordable luxury homes, have also contributed to its success.
Segment n°3 -> Homebuilding - East
Expected Growth : 10.2 %
What the company do ?
Homebuilding - East from Tri Pointe Homes, Inc. focuses on building and selling single-family homes in the Eastern United States.
Why we expect these perspectives ?
Tri Pointe Homes, Inc.'s 10.2% growth in Homebuilding - East is driven by increasing demand for new homes, fueled by low interest rates, government incentives, and a strong job market. Additionally, the company's strategic expansion into new markets, focus on affordable luxury homes, and efficient construction processes have contributed to its growth.
Segment n°4 -> Financial Services
Expected Growth : 11.0 %
What the company do ?
Tri Pointe Homes, Inc.'s Financial Services offer mortgage financing, title insurance, and home warranty services to support homebuyers throughout the home purchasing process.
Why we expect these perspectives ?
Tri Pointe Homes, Inc.'s 11.0% growth in Financial Services is driven by increasing mortgage originations, rising interest rates, and expanding partnerships with lenders. Additionally, the company's focus on digital transformation and process efficiencies has improved operating leverage, contributing to the segment's growth.
Tri Pointe Homes, Inc. Products
| Product Range | What is it ? |
|---|---|
| Single-Family Homes | Tri Pointe Homes, Inc. builds and sells single-family homes in various communities across the United States. These homes cater to a wide range of buyers, from first-time homeowners to move-up buyers and empty nesters. |
| Townhomes | The company's townhome offerings provide a more affordable and low-maintenance alternative to single-family homes, ideal for first-time buyers, young professionals, and retirees. |
| Condominiums | Tri Pointe Homes' condominiums cater to buyers seeking a more urban lifestyle, with amenities like community pools, fitness centers, and proximity to city centers. |
| Active Adult Communities | The company's active adult communities are designed specifically for adults aged 55+, offering a range of amenities and services tailored to this demographic. |
Tri Pointe Homes, Inc.'s Porter Forces
Threat Of Substitutes
The threat of substitutes for Tri Pointe Homes, Inc. is medium due to the presence of alternative housing options such as apartments and condominiums.
Bargaining Power Of Customers
The bargaining power of customers for Tri Pointe Homes, Inc. is low due to the company's strong brand reputation and limited negotiating power of individual customers.
Bargaining Power Of Suppliers
The bargaining power of suppliers for Tri Pointe Homes, Inc. is medium due to the presence of multiple suppliers and the company's moderate bargaining power.
Threat Of New Entrants
The threat of new entrants for Tri Pointe Homes, Inc. is low due to the high barriers to entry in the homebuilding industry, including regulatory hurdles and significant capital requirements.
Intensity Of Rivalry
The intensity of rivalry for Tri Pointe Homes, Inc. is high due to the competitive nature of the homebuilding industry, with multiple established players competing for market share.
Capital Structure
| Value | |
|---|---|
| Debt Weight | 30.78% |
| Debt Cost | 11.61% |
| Equity Weight | 69.22% |
| Equity Cost | 11.61% |
| WACC | 11.61% |
| Leverage | 44.46% |
Tri Pointe Homes, Inc. : Quality Control
Tri Pointe Homes, Inc. passed 5 out of 9 key points:
Historical Valuation
Price/Earnings Ratio
Margin Valuation
Peers Valuation
Competitors
| Company | Rational |
|---|---|
| MTH | Meritage Homes Corporation, together with its subsidiaries, designs and builds single-family homes in the United States. The company operates through two segments, Homebuilding and Financial Services. It acquires and develops … |
| GRBK | Green Brick Partners, Inc. operates as a homebuilding and land development company in the United States. It operates through Builder operations Central, Builder operations Southeast, and Land development segments. The … |
| SKY | Skyline Champion Corporation produces and sells factory-built housing in North America. The company offers manufactured and modular homes, park models RVs, accessory dwelling units, and modular buildings for the multi-family … |
| TMHC | Taylor Morrison Home Corporation, together with its subsidiaries, operates as a public homebuilder in the United States. The company designs, builds, and sells single and multi-family detached and attached homes; … |
| CCS | Century Communities, Inc., together with its subsidiaries, engages in the design, development, construction, marketing, and sale of single-family attached and detached homes. It is also involved in the entitlement and … |
Peers Metrics
DCF BETA
Expected Cash-Flows
Scoring Insights
Peers Group Analysis
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Green Brick Partners
A-Score
1-Year Total Return ->
🥈
Meritage Homes
A-Score
1-Year Total Return ->
🥉
Tri Pointe Homes
A-Score
1-Year Total Return ->
4
Century Communities
A-Score
1-Year Total Return ->
5
Taylor Morrison
A-Score
1-Year Total Return ->
6
