I hope you all added a few shares today ?? I added 18 at $4885.96
j
66.25% out flow today, definitely some serious selling going on.
j
The charts are looking like $4400 is coming. Keep some powder dry and BUY BUY BUY !!
j
I keep adding, if it keeps dropping !! 54 at $4790.08….
T
$NVR is an absolute bargain at < $5,000
S
Why the high trading volume today? Paul
j
Over the last 3 trading days the out flow has been out pacing inflow- 61-% to 39%.. on 9-13 there were 1923 medium to large size sells. Don’t panic, keep your powder dry and BUY BUY BUY !’ I picked up 169 shares at $4958.59 at the close.
j
yahoo showing $5800 after hours. glitch or for real?
T
Bring on the buybacks, Paul. Keep it rolling playa 🔥
j
Now everyone should be GREEN !’
T
Getting rich has never been so simple. 10 year statistics TTM as Q2 2021.
Free-Cash-Flow Per Share +1,280%
Diluted EPS +969.1%
Free-Cash-Flow +834.8%
Cash Flow from Operations +768.8%
Net Income +626.6%
Operating Income +505.6%
Gross Profit +282.2%
Revenue +217.5%
Shares Outstanding -34.10%
J
Smithsburg buyer back
j
Hey hey hey … everyone happy in NVR land today ???
j
Did you see briefly in the AH’s we were up $744….scared my short shorts !! I shorted 40 shares at $5291.30…. Love this stock for its wild swings. But when I saw it up $744 at 40 shares short I almost shited my shorts !!
j
I just picked up 44 more shares at $4932.76….
w
Housing cyclicality &/or lack of business diversification risk? Wouldn't a truly flawless business have diversification yielding an element of counter cyclicality? Not argumentative ,just trying to pick your brain Tom. I do like the company's renewal /extension of SHRP authorization by $300mm esp as PPS is deciding on +/- the key $4000 area. Mgt clearly has faith. My technical focus assists scale up/scale down decisions as I love the idea of buy & forget a great business. For 4 years NVR has been in a big channel roughly between $2100-$4400ish. It's looking more & more likely that it wants to break to upside & make a LT move much higher.
T
Greetings. In lieu of my usual speech about retained earnings, let me instead provide you with some relevant statistical information. Take a look at $NVR’s performance over the last 5 years.
Free-cash-flow +436.4%
Book Value +137.9%
Net Income +120.3%
EBITDA +65.69%
Profit Margin +56.23%
Return on Assets +17.05%
Debt-to-Equity +13.93%
Shares outstanding -5.62%
Price to Free-cash-flow -52.09%
T
30 year treasuries are yielding ~1.6% compared to ~3.5% in 2018 and ~5% in 2010. “Interest rate risk” as it pertains to home builders is overblown. The short end of the curve is at zero and the long end is essentially zero in real risk-free terms.
I completely agree with the viewpoint that the vaccine will expedite a sell off on the long end of the curve and drive yields higher. But it’s not so precise; it’s not so precise that a few bps up or down actually affects a buyers disposition towards purchasing.
Folks, newsflash, there is overwhelming demand for residential real estate. Average homebuyers don’t understand the time value of money or the yield curve. They just want their white picket fence for $500,000 and $NVR is building it for them.
T
$NVR last 3 years (TTM).
Financial Debt to EBITDA +61.21%
Debt to Assets +39.13%
Debt to Equity +34.02%
Price to Sales +28.83%
Enterprise Value to EBITDA +16.72%
Price to Free-Cash-Flow -29.91%
Price to Book Value -17.66%
PE Ratio -2.75%
T
$NVR really epitomizes my idea of a wonderful business. We’ve got abundant cash flow produced from core operating activities, an asset light model, robust demand for the product, conservative accounting practices (no goodwill) and most importantly, a management team willing to forego dividends, retain earnings and use free cash to repurchase aggressively.
If you’ve got something that’s making you rich, why do you want to bring in additional partners? Why not keep the money for yourself? This is so fundamental to my investment philosophy.
Lastly, I love that $NVR is taking on more debt. Why not raise as much capital as possible - makes perfect sense and I would love to see them raise a little more. Folks, that cash is going to straight to repurchases. You can get away with a more top heavy capital structure when you have a proven ability to produce cash flow from operations. It’s different than some other companies, where there’s cash coming in from assets sales. discontinued operations, cash flow from investing activities and other non-core sources. The low variance in $NVR’s operating cash flow helps to support its low WACC, which only further supports the case for borrowing.
Free-Cash-Flow Per Share +1,280%
Diluted EPS +969.1%
Free-Cash-Flow +834.8%
Cash Flow from Operations +768.8%
Net Income +626.6%
Operating Income +505.6%
Gross Profit +282.2%
Revenue +217.5%
Shares Outstanding -34.10%
I do like the company's renewal /extension of SHRP authorization by $300mm esp as PPS is deciding on +/- the key $4000 area. Mgt clearly has faith. My technical focus assists scale up/scale down decisions as I love the idea of buy & forget a great business. For 4 years NVR has been in a big channel roughly between $2100-$4400ish. It's looking more & more likely that it wants to break to upside & make a LT move much higher.
Free-cash-flow +436.4%
Book Value +137.9%
Net Income +120.3%
EBITDA +65.69%
Profit Margin +56.23%
Return on Assets +17.05%
Debt-to-Equity +13.93%
Shares outstanding -5.62%
Price to Free-cash-flow -52.09%
I completely agree with the viewpoint that the vaccine will expedite a sell off on the long end of the curve and drive yields higher. But it’s not so precise; it’s not so precise that a few bps up or down actually affects a buyers disposition towards purchasing.
Folks, newsflash, there is overwhelming demand for residential real estate. Average homebuyers don’t understand the time value of money or the yield curve. They just want their white picket fence for $500,000 and $NVR is building it for them.
Financial Debt to EBITDA +61.21%
Debt to Assets +39.13%
Debt to Equity +34.02%
Price to Sales +28.83%
Enterprise Value to EBITDA +16.72%
Price to Free-Cash-Flow -29.91%
Price to Book Value -17.66%
PE Ratio -2.75%
If you’ve got something that’s making you rich, why do you want to bring in additional partners? Why not keep the money for yourself? This is so fundamental to my investment philosophy.
Lastly, I love that $NVR is taking on more debt. Why not raise as much capital as possible - makes perfect sense and I would love to see them raise a little more. Folks, that cash is going to straight to repurchases. You can get away with a more top heavy capital structure when you have a proven ability to produce cash flow from operations. It’s different than some other companies, where there’s cash coming in from assets sales. discontinued operations, cash flow from investing activities and other non-core sources. The low variance in $NVR’s operating cash flow helps to support its low WACC, which only further supports the case for borrowing.