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Tri Pointe Homes (Tri Pointe Homes) Intrinsic Value: Projected FCF : $78.38 (As of Apr. 30, 2024)


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What is Tri Pointe Homes Intrinsic Value: Projected FCF?

Since the intrinsic value calculations based on Discounted Cash Flow Intrinsic Value: DCF (FCF Based), or Discounted Earnings Intrinsic Value: DCF (Earnings Based) cannot be applied to companies without consistent revenue and earnings, GuruFocus developed a valuation model based on normalized Free Cash Flow and Book Value of the company. The details of how we calculate the intrinsic value of stocks are described in detail here.

As of today (2024-04-30), Tri Pointe Homes's Intrinsic Value: Projected FCF is $78.38. The stock price of Tri Pointe Homes is $37.78. Therefore, Tri Pointe Homes's Price-to-Intrinsic-Value-Projected-FCF of today is 0.5.

The historical rank and industry rank for Tri Pointe Homes's Intrinsic Value: Projected FCF or its related term are showing as below:

TPH' s Price-to-Projected-FCF Range Over the Past 10 Years
Min: 0.26   Med: 0.53   Max: 2.02
Current: 0.48

During the past 13 years, the highest Price-to-Intrinsic-Value-Projected-FCF of Tri Pointe Homes was 2.02. The lowest was 0.26. And the median was 0.53.

TPH's Price-to-Projected-FCF is ranked better than
73.08% of 78 companies
in the Homebuilding & Construction industry
Industry Median: 0.815 vs TPH: 0.48

Tri Pointe Homes Intrinsic Value: Projected FCF Historical Data

The historical data trend for Tri Pointe Homes's Intrinsic Value: Projected FCF can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Tri Pointe Homes Intrinsic Value: Projected FCF Chart

Tri Pointe Homes Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Intrinsic Value: Projected FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 20.50 32.83 54.73 71.35 78.38

Tri Pointe Homes Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Intrinsic Value: Projected FCF Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 72.77 74.53 73.45 78.38 -

Competitive Comparison of Tri Pointe Homes's Intrinsic Value: Projected FCF

For the Residential Construction subindustry, Tri Pointe Homes's Price-to-Projected-FCF, along with its competitors' market caps and Price-to-Projected-FCF data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Tri Pointe Homes's Price-to-Projected-FCF Distribution in the Homebuilding & Construction Industry

For the Homebuilding & Construction industry and Consumer Cyclical sector, Tri Pointe Homes's Price-to-Projected-FCF distribution charts can be found below:

* The bar in red indicates where Tri Pointe Homes's Price-to-Projected-FCF falls into.



Tri Pointe Homes Intrinsic Value: Projected FCF Calculation

Since the intrinsic value calculations based on Discounted Cash Flow Intrinsic Value: DCF (FCF Based), or Discounted Earnings Intrinsic Value: DCF (Earnings Based) cannot be applied to companies without consistent revenue and earnings, GuruFocus developed a valuation model based on normalized Free Cash Flow and Book Value of the company.

The details of how we calculate the intrinsic value of stocks are described in detail here.

This method smooths out the free cash flow over the past 6-7 years, multiplies the results by a growth multiple, and adds a portion of Total Stockholders Equity.

Intrinsic Value: Projected FCF = ( Growth Multiple * Free Cash Flow (6 year avg) + 0.8 * Total Stockholders Equity (most recent) ) / Shares Outstanding (Diluted Average)

In the case of negative Total Stockholders Equity, the following formula is used (see Explanation section below for the reason):

Intrinsic Value: Projected FCF = ( Growth Multiple * Free Cash Flow (6 year avg) + Total Stockholders Equity (most recent) / 0.8 ) / Shares Outstanding (Diluted Average)


Add all the Free Cash Flow together and divide 6 will get Tri Pointe Homes's Free Cash Flow(6 year avg) = $356.61.

Tri Pointe Homes's Intrinsic Value: Projected FCF for today is calculated as

Intrinsic Value: Projected FCF=(Growth Multiple*Free Cash Flow (6 year avg)+Total Stockholders Equity (Mar24)*0.8)/Shares Outstanding (Diluted Average)
=(14.26395753773*356.6096+3049.646*0.8)/95.847
=78.52

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Tri Pointe Homes  (NYSE:TPH) Intrinsic Value: Projected FCF Explanation

The growth multiple is capped between 8.35 and 17.74.

Total Stockholders Equity weighting is more art than science and it should always be revisited in more detail when researching a company. Weightings from 0% to 100% to more than 100% are possible. 80% was chosen as a happy median after taking the above ideas into consideration.

Tri Pointe Homes's Price-to-Intrinsic-Value-Projected-FCF for today is calculated as

Price-to-Intrinsic-Value-Projected-FCF=Share Price/Intrinsic Value: Projected FCF
=37.78/78.524951140325
=0.48

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Tri Pointe Homes Intrinsic Value: Projected FCF Related Terms

Thank you for viewing the detailed overview of Tri Pointe Homes's Intrinsic Value: Projected FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


Tri Pointe Homes (Tri Pointe Homes) Business Description

Traded in Other Exchanges
Address
940 Southwood Boulevard, Suite 200, Incline Village, Irvine, CA, USA, 89451
Tri Pointe Homes Inc is an American construction company that focuses on residential construction. The company designs and builds single-family homes and condominiums through its portfolio of six regional housing brands. Its largest regional brands include Maracay Homes, which operates in Arizona, and TRI Pointe and Pardee Homes, which operate in California, Nevada, and Colorado. From a geographic perspective, California is TRI Pointe's largest source of revenue, followed by Arizona and Nevada. The company also operates in Texas, Oregon, and Virginia. TRI Pointe completes approximately 4,000 homes annually with an average selling price around $500,000. TRI Pointe also is involved in the sale and development of land.
Executives
Lawrence B Burrows director C/O TRI POINTE GROUP, INC., 19540 JAMBOREE ROAD, SUITE 300, IRVINE CA 92612
Glenn J. Keeler officer: VP & Chief Accounting Officer C/O TRI POINTE GROUP, INC., 19540 JAMBOREE ROAD, SUITE 300, IRVINE CA 92612
Douglas F. Bauer director, officer: CHIEF EXECUTIVE OFFICER C/O TRI POINTE GROUP, INC., 19540 JAMBOREE ROAD, SUITE 300, IRVINE CA 92612
Steven J Gilbert director 540 MADISON AVE, 40TH FL, NEW YORK NY 10022
Moore Constance B director 333 CLAY STREET, SUITE 4980, HOUSTON TX 77002
Thomas J Mitchell officer: President, COO, and Secretary C/O TRI POINTE GROUP, INC., 19540 JAMBOREE ROAD, SUITE 300, IRVINE CA 92612
Robert Kent Grahl director 19540 JAMBOREE ROAD, SUITE 300, IRVINE CA 92612
Vicki D. Mcwilliams director C/O TRI POINTE GROUP, INC., SUITE 300, IRVINE CA 92612
Michael D Grubbs officer: See Remarks C/O TRI POINTE GROUP, INC., 19540 JAMBOREE ROAD, SUITE 300, IRVINE CA 92612
David Ch Lee officer: VP GENERAL COUNSEL & SECRETARY C/O TRI POINTE GROUP, INC., 19540 JAMBOREE ROAD, SUITE 300, IRVINE CA 92612
Bradley William Blank officer: See Remarks C/O TRI POINTE HOMES, INC., 19540 JAMBOREE ROAD, SUITE 300, IRVINE CA 92612
Barry S Sternlicht director, 10 percent owner STARWOOD CAPITAL GROUP GLOBAL LP, 1601 WASHINGTON AVENUE, SUITE 800, MIAMI BEACH FL 33139
Ken Krivanec officer: President of Quadrant Homes C/O TRI POINTE HOMES, INC., 19540 JAMBOREE ROAD, SUITE 300, IRVINE CA 92612
Daniel S Fulton director C/O TRI POINTE GROUP, INC., 19540 JAMBOREE ROAD, SUITE 300, IRVINE CA 92612
Christopher D. Graham director C/O TRI POINTE HOMES, INC., 19540 JAMBOREE ROAD, SUITE 300, IRVINE CA 92612