Lgi Homes Stock Fair Value Calculator – LGI Homes Closes 633 Homes in May 2023, Up 14% from Prior Month
June 16, 2023
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LGI ($NASDAQ:LGIH) Homes, a leading homebuilder in the United States, closed 633 homes in May 2023, a 14% increase from the prior month of April. This marks yet another impressive jump in home closings for the company, which has seen an impressive rise in demand since the start of the year. LGI Homes is a homebuilder and real estate investment trust that focuses on building entry-level homes across the Sun Belt region of the United States. With strong demand for affordable housing, LGI Homes is well positioned to benefit from the current housing market. This is a positive sign for the company as it reflects the growing demand for its homes and bodes well for future growth.
The company is also continuing to expand its operations, with new developments in Texas, Arizona, and Florida currently underway. With these new projects and continued strong demand, LGI Homes looks set to continue its growth trajectory in the years to come.
Analysis – Lgi Homes Stock Fair Value Calculator
At GoodWhale, we have conducted an analysis of LGI Homes’ wellbeing. Our proprietary Valuation Line has determined that the intrinsic value of LGI HOMES share is approximately $153.4. Currently, LGI HOMES is trading at $128.0, indicating that the stock is undervalued by roughly 16.6%. This presents a good opportunity for investors who are looking to benefit from a bargain purchase. More…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Lgi Homes. More…
| Total Revenues | Net Income | Net Margin |
| 2.25k | 274.84 | 12.2% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Lgi Homes. More…
| Operations | Investing | Financing |
| -155.06 | -9.45 | 154.16 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Lgi Homes. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 3.1k | 1.43k | 71.19 |
Key Ratios Snapshot
Some of the financial key ratios for Lgi Homes are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 3.8% | 7.2% | 15.6% |
| FCF Margin | ROE | ROA |
| -6.9% | 13.2% | 7.1% |
Peers
Its main competitors are Tri Pointe Homes Inc, Taylor Wimpey PLC, and Skyline Champion Corp. All three companies are large homebuilders that operate in the United States.
– Tri Pointe Homes Inc ($NYSE:TPH)
Tri Pointe Homes Inc is a homebuilding company that focuses on the construction and sale of single-family homes in the United States. As of 2022, the company had a market capitalization of 1.64 billion dollars and a return on equity of 16.87%. The company builds homes in a variety of locations across the country, including California, Colorado, Arizona, and Washington. In addition to new home construction, the company also provides homebuyers with a variety of services, such as home financing, home insurance, and home warranty services.
– Taylor Wimpey PLC ($LSE:TW.)
Taylor Wimpey PLC is a leading homebuilder in the United Kingdom with a strong focus on creating sustainable communities. The company has a market cap of 3.3 billion as of 2022 and a return on equity of 10.94%. Taylor Wimpey PLC is committed to creating value for all of its stakeholders and is dedicated to building high-quality homes and communities that people can be proud of.
– Skyline Champion Corp ($NYSE:SKY)
Skyline Champion Corp is a leading manufacturer and seller of modular and manufactured homes in North America. With a market cap of 2.69B and a ROE of 34.19%, the company is well-positioned to continue its growth trajectory in the coming years. Skyline’s homes are known for their quality construction and attention to detail, and the company has a strong reputation in the industry. In addition to its manufacturing and sales operations, Skyline also provides financing and insurance services to its customers.
Summary
LGI Homes is a real estate company that reported 633 home closings in May 2023, a 14% increase from the prior month. Following the release of this news, the stock price of LGI Homes moved up significantly. This indicates that the market is optimistic about the growth prospects of this company and investors are confident in its ability to continue producing strong results. A closer look at the financials of the company shows that it is highly profitable and has a strong balance sheet, which should further bolster investor confidence.
Furthermore, LGI Homes has a solid track record of success and continues to grow its revenue and earnings steadily. All things considered, LGI Homes is an attractive stock for investors looking for long-term growth potential.
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