Real-time Estimate
Cboe BZX
10:37:44 2024-05-01 am EDT
|
5-day change
|
1st Jan Change
|
110.9
USD
|
-0.50%
|
|
-1.51%
|
+7.11%
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Capitalization
1 |
10,515
|
11,560
|
14,472
|
10,373
|
22,254
|
23,436
|
-
|
-
|
Enterprise Value (EV)
1 |
12,388
|
12,142
|
14,668
|
11,324
|
22,367
|
22,968
|
22,127
|
21,863
|
P/E ratio
|
10.6
x
|
8.32
x
|
7.69
x
|
4.14
x
|
8.81
x
|
8.59
x
|
8.36
x
|
8.97
x
|
Yield
|
1.16%
|
1.16%
|
1%
|
1.34%
|
0.66%
|
0.7%
|
0.73%
|
0.78%
|
Capitalization / Revenue
|
1.03
x
|
1.05
x
|
1.04
x
|
0.64
x
|
1.39
x
|
1.35
x
|
1.29
x
|
1.21
x
|
EV / Revenue
|
1.21
x
|
1.1
x
|
1.05
x
|
0.7
x
|
1.39
x
|
1.32
x
|
1.22
x
|
1.13
x
|
EV / EBITDA
|
7.92
x
|
6.1
x
|
5.22
x
|
1.54
x
|
6.63
x
|
6.08
x
|
5.81
x
|
5.72
x
|
EV / FCF
|
12.2
x
|
7.03
x
|
15.8
x
|
20.4
x
|
10.6
x
|
12.6
x
|
10.3
x
|
9.55
x
|
FCF Yield
|
8.23%
|
14.2%
|
6.35%
|
4.91%
|
9.41%
|
7.96%
|
9.67%
|
10.5%
|
Price to Book
|
1.92
x
|
1.75
x
|
1.9
x
|
1.15
x
|
-
|
1.95
x
|
1.67
x
|
1.54
x
|
Nbr of stocks (in thousands)
|
271,000
|
268,094
|
253,186
|
227,820
|
215,595
|
210,342
|
-
|
-
|
Reference price
2 |
38.80
|
43.12
|
57.16
|
45.53
|
103.2
|
111.4
|
111.4
|
111.4
|
Announcement Date
|
1/28/20
|
1/28/21
|
2/1/22
|
1/31/23
|
1/30/24
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net sales
1 |
10,213
|
11,036
|
13,927
|
16,229
|
16,062
|
17,360
|
18,172
|
19,409
|
EBITDA
1 |
1,564
|
1,990
|
2,810
|
7,353
|
3,374
|
3,776
|
3,810
|
3,821
|
EBIT
1 |
1,249
|
1,580
|
2,353
|
3,634
|
3,256
|
3,429
|
3,512
|
3,651
|
Operating Margin
|
12.23%
|
14.32%
|
16.89%
|
22.39%
|
20.27%
|
19.75%
|
19.33%
|
18.81%
|
Earnings before Tax (EBT)
1 |
1,340
|
1,729
|
2,510
|
3,440
|
3,449
|
3,589
|
3,623
|
3,546
|
Net income
1 |
1,017
|
1,407
|
1,946
|
2,617
|
2,602
|
2,725
|
2,721
|
2,351
|
Net margin
|
9.96%
|
12.75%
|
13.98%
|
16.13%
|
16.2%
|
15.69%
|
14.97%
|
12.11%
|
EPS
2 |
3.660
|
5.180
|
7.430
|
11.01
|
11.72
|
12.97
|
13.33
|
12.42
|
Free Cash Flow
1 |
1,019
|
1,726
|
931.2
|
555.8
|
2,105
|
1,829
|
2,140
|
2,289
|
FCF margin
|
9.98%
|
15.64%
|
6.69%
|
3.42%
|
13.1%
|
10.53%
|
11.77%
|
11.8%
|
FCF Conversion (EBITDA)
|
65.16%
|
86.71%
|
33.14%
|
7.56%
|
62.38%
|
48.44%
|
56.15%
|
59.92%
|
FCF Conversion (Net income)
|
100.27%
|
122.69%
|
47.85%
|
21.24%
|
80.87%
|
67.12%
|
78.64%
|
97.37%
|
Dividend per Share
2 |
0.4500
|
0.5000
|
0.5700
|
0.6100
|
0.6800
|
0.7800
|
0.8133
|
0.8675
|
Announcement Date
|
1/28/20
|
1/28/21
|
2/1/22
|
1/31/23
|
1/30/24
|
-
|
-
|
-
|
Fiscal Period: December |
2021 Q4
|
2022 Q1
|
2022 Q2
|
2022 Q3
|
2022 Q4
|
2023 Q1
|
2023 Q2
|
2023 Q3
|
2023 Q4
|
2024 Q1
|
2024 Q2
|
2024 Q3
|
2024 Q4
|
2025 Q1
|
2025 Q2
|
---|
Net sales
1 |
4,359
|
3,188
|
3,926
|
3,944
|
5,171
|
3,576
|
4,189
|
4,004
|
4,294
|
3,949
|
4,498
|
4,407
|
4,489
|
3,914
|
4,572
|
EBITDA
1 |
918.4
|
659.6
|
925.6
|
875.1
|
2,391
|
699.7
|
856.6
|
832.8
|
921.1
|
810.6
|
966.2
|
947.7
|
979.5
|
772.3
|
945.3
|
EBIT
1 |
795
|
645.5
|
829.1
|
835.4
|
1,195
|
678.8
|
822.9
|
794.1
|
895
|
772.9
|
880.9
|
870.9
|
879.1
|
721.8
|
895.6
|
Operating Margin
|
18.24%
|
20.25%
|
21.12%
|
21.18%
|
23.1%
|
18.98%
|
19.65%
|
19.84%
|
20.84%
|
19.57%
|
19.58%
|
19.76%
|
19.58%
|
18.44%
|
19.59%
|
Earnings before Tax (EBT)
1 |
855.9
|
599.9
|
864.6
|
811.3
|
1,164
|
702.1
|
953
|
847.3
|
946.8
|
868.6
|
915.8
|
894.7
|
919.9
|
759.2
|
925.9
|
Net income
1 |
663.3
|
454.7
|
652.4
|
627.9
|
882.2
|
532.3
|
720.3
|
638.8
|
711
|
663
|
693.7
|
676.8
|
695.6
|
555.4
|
682.3
|
Net margin
|
15.22%
|
14.27%
|
16.62%
|
15.92%
|
17.06%
|
14.89%
|
17.2%
|
15.96%
|
16.56%
|
16.79%
|
15.42%
|
15.36%
|
15.5%
|
14.19%
|
14.92%
|
EPS
2 |
2.610
|
1.830
|
2.730
|
2.690
|
3.850
|
2.350
|
3.210
|
2.900
|
3.280
|
3.100
|
3.257
|
3.226
|
3.409
|
2.744
|
3.379
|
Dividend per Share
2 |
0.1500
|
0.1500
|
0.1500
|
0.1500
|
0.1500
|
0.1600
|
0.1600
|
0.1600
|
0.2000
|
0.2000
|
0.2000
|
0.2000
|
0.2000
|
0.2000
|
0.2000
|
Announcement Date
|
2/1/22
|
4/28/22
|
7/26/22
|
10/25/22
|
1/31/23
|
4/25/23
|
7/25/23
|
10/24/23
|
1/30/24
|
4/23/24
|
-
|
-
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net Debt
1 |
1,874
|
582
|
195
|
951
|
113
|
-
|
-
|
-
|
Net Cash position
1 |
-
|
-
|
-
|
-
|
-
|
468
|
1,310
|
1,573
|
Leverage (Debt/EBITDA)
|
1.198
x
|
0.2924
x
|
0.0696
x
|
0.1293
x
|
0.0335
x
|
-
|
-
|
-
|
Free Cash Flow
1 |
1,019
|
1,726
|
931
|
556
|
2,105
|
1,829
|
2,140
|
2,289
|
ROE (net income / shareholders' equity)
|
19.8%
|
23.4%
|
27.7%
|
31.3%
|
27%
|
24.8%
|
21.7%
|
19.5%
|
ROA (Net income/ Total Assets)
|
9.73%
|
12.3%
|
15.2%
|
18.2%
|
16.9%
|
16%
|
15.4%
|
-
|
Assets
1 |
10,444
|
11,461
|
12,779
|
14,351
|
15,442
|
17,010
|
17,712
|
-
|
Book Value Per Share
2 |
20.20
|
24.70
|
30.00
|
39.50
|
-
|
57.10
|
66.60
|
72.60
|
Cash Flow per Share
2 |
3.910
|
6.620
|
3.860
|
2.830
|
9.930
|
6.330
|
11.20
|
-
|
Capex
1 |
58.1
|
58.4
|
72.8
|
113
|
92.2
|
98.9
|
101
|
93.7
|
Capex / Sales
|
0.57%
|
0.53%
|
0.52%
|
0.69%
|
0.57%
|
0.57%
|
0.56%
|
0.48%
|
Announcement Date
|
1/28/20
|
1/28/21
|
2/1/22
|
1/31/23
|
1/30/24
|
-
|
-
|
-
|
Last Close Price
111.4
USD Average target price
132.7
USD Spread / Average Target +19.10% Consensus |
1st Jan change
|
Capi.
|
---|
| +7.94% | 23.44B | | -6.24% | 46.92B | | +3.16% | 18.04B | | +15.61% | 14.92B | | +15.88% | 12.41B | | +0.13% | 6.25B | | +4.99% | 5.94B | | -10.52% | 5.85B | | +11.86% | 6.16B | | -19.27% | 5.52B |
Other Homebuilding
|