TPH Valuation

Tri Pointe Homes Inc (Delaware)

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35.260

+0.6(1.731%)1D

Overview
Forecast
Valuation
Earnings

TPH Relative Valuation

TPH's fair value is calculated using relative valuation, based on historical P/E and P/S ranges and their premiums/discounts relative to a competitor average, adjusted by weights. If the market price exceeds this fair value range, TPH is overvalued; if below, it's undervalued.

Historical Valuation

Tri Pointe Homes Inc (Delaware) (TPH) is now in the Overvalued zone, suggesting that its current forward PE ratio of 15.56 is considered Overvalued compared with the five-year average of 7.35. The fair price of Tri Pointe Homes Inc (Delaware) (TPH) is between 16.69 to 24.92 according to relative valuation methord. Compared to the current price of 35.26 USD , Tri Pointe Homes Inc (Delaware) is Overvalued By 41.52%.

Relative Value

Fair Zone

16.69-24.92

Current Price：35.26

41.52%

Overvalued

15.56

Trailing

Forward

8.44

EV/EBITDA

Tri Pointe Homes Inc (Delaware). (TPH) has a current EV/EBITDA of 8.44. The 5-year average EV/EBITDA is 5.50. The thresholds are as follows: Strongly Undervalued below 3.36, Undervalued between 3.36 and 4.43, Fairly Valued between 6.57 and 4.43, Overvalued between 6.57 and 7.63, and Strongly Overvalued above 7.63. The current Forward EV/EBITDA of 8.44 falls within the Strongly Overvalued range.

13.91

EV/EBIT

Tri Pointe Homes Inc (Delaware). (TPH) has a current EV/EBIT of 13.91. The 5-year average EV/EBIT is 7.31. The thresholds are as follows: Strongly Undervalued below 3.95, Undervalued between 3.95 and 5.63, Fairly Valued between 8.99 and 5.63, Overvalued between 8.99 and 10.67, and Strongly Overvalued above 10.67. The current Forward EV/EBIT of 13.91 falls within the Strongly Overvalued range.

0.93

Tri Pointe Homes Inc (Delaware). (TPH) has a current PS of 0.93. The 5-year average PS is 0.70. The thresholds are as follows: Strongly Undervalued below 0.43, Undervalued between 0.43 and 0.57, Fairly Valued between 0.84 and 0.57, Overvalued between 0.84 and 0.97, and Strongly Overvalued above 0.97. The current Forward PS of 0.93 falls within the Overvalued range.

13.93

P/OCF

Tri Pointe Homes Inc (Delaware). (TPH) has a current P/OCF of 13.93. The 5-year average P/OCF is 3.97. The thresholds are as follows: Strongly Undervalued below -62.56, Undervalued between -62.56 and -29.29, Fairly Valued between 37.24 and -29.29, Overvalued between 37.24 and 70.51, and Strongly Overvalued above 70.51. The current Forward P/OCF of 13.93 falls within the Historic Trend Line -Fairly Valued range.

10.41

P/FCF

Tri Pointe Homes Inc (Delaware). (TPH) has a current P/FCF of 10.41. The 5-year average P/FCF is 9.07. The thresholds are as follows: Strongly Undervalued below -16.76, Undervalued between -16.76 and -3.85, Fairly Valued between 21.99 and -3.85, Overvalued between 21.99 and 34.90, and Strongly Overvalued above 34.90. The current Forward P/FCF of 10.41 falls within the Historic Trend Line -Fairly Valued range.

Tri Pointe Homes Inc (Delaware) (TPH) has a current Price-to-Book (P/B) ratio of 0.93. Compared to its 3-year average P/B ratio of 0.99 , the current P/B ratio is approximately -6.44% higher. Relative to its 5-year average P/B ratio of 1.02, the current P/B ratio is about -8.72% higher. Tri Pointe Homes Inc (Delaware) (TPH) has a Forward Free Cash Flow (FCF) yield of approximately 12.89%. Compared to its 3-year average FCF yield of 13.25%, the current FCF yield is approximately -2.72% lower. Relative to its 5-year average FCF yield of 15.81% , the current FCF yield is about -18.49% lower.

0.93

P/B

Median3y

0.99

Median5y

1.02

12.89

FCF Yield

Median3y

13.25

Median5y

15.81

Competitors Valuation Multiple

The average P/S ratio for TPH's competitors is 1.10, providing a benchmark for relative valuation. Tri Pointe Homes Inc (Delaware) Corp (TPH) exhibits a P/S ratio of 0.93, which is -15.77% above the industry average. Given its robust revenue growth of -21.86%, this premium appears unsustainable.

P/S

P/E

EV/EBITDA

EV/EBIT

P/S

Revenue Growth

Market Cap

TPH.N

Tri Pointe Homes Inc (Delaware)

Green Brick Partners Inc

Dream Finders Homes Inc

Patrick Industries Inc

Performance Decomposition

Market capitalization of TPH decreased by 22.01% over the past 1 year. The primary factor behind the change was an increase in P/E Change from 6.59 to 8.83.

The secondary factor is the Revenue Growth, contributed -21.86%to the performance.

Overall, the performance of TPH in the past 1 year is driven by P/E Change. Which is more unsustainable.

-21.86%

1.15B → 902.41M

Revenue Growth

-34.15%

10.22 → 6.73

Margin Expansion

34.00%

6.59 → 8.83

P/E Change

-22.01%