Company Valuation: NVR, Inc.

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 20,556 14,741 22,296 24,863 20,707 16,390 - -
Change - -28.29% 51.25% 11.51% -16.72% -20.85% - -
Enterprise Value (EV) 1 19,466 13,104 20,041 23,171 19,698 15,992 16,253 16,294
Change - -32.68% 52.94% 15.62% -14.99% -18.82% 1.63% 0.25%
P/E 18.4x 9.38x 15.1x 16.1x 16.7x 17.1x 15.1x 12.5x
PBR 6.78x 4.23x 5.12x 5.85x 5.28x 5.01x 4.81x 4.39x
PEG - 0.2x -2.6x 1.72x -1.2x -1x 1.2x 0.6x
Capitalization / Revenue 2.36x 1.43x 2.39x 2.42x 2.05x 1.78x 1.66x -
EV / Revenue 2.24x 1.27x 2.15x 2.25x 1.95x 1.74x 1.65x -
EV / EBITDA 13.1x 5.99x 10.9x 10.7x 11.1x 11.8x 11.1x 9.93x
EV / EBIT 13.2x 6.04x 11x 12.6x 12.8x 12.8x 12x -
EV / FCF 15.9x 7.08x 13.6x 13.9x 18x 15.8x 15.4x -
FCF Yield 6.29% 14.1% 7.35% 7.21% 5.57% 6.33% 6.51% -
Dividend per Share 2 - - - - - - - -
Rate of return - - - - - - - -
EPS 2 320.5 491.8 463.3 506.7 436.6 359.9 407 491
Distribution rate - - - - - - - -
Net sales 1 8,702 10,327 9,315 10,292 10,094 9,209 9,879 -
EBITDA 1 1,490 2,187 1,839 2,162 1,770 1,361 1,467 1,641
EBIT 1 1,470 2,169 1,822 1,844 1,541 1,246 1,359 -
Net income 1 1,237 1,726 1,592 1,682 1,340 1,016 1,081 1,198
Net Debt 1 -1,090 -1,637 -2,255 -1,692 -1,009 -398.6 -137.4 -96.3
Reference price 2 5,908.87 4,612.58 7,000.45 8,178.90 7,292.77 6,150.47 6,150.47 6,150.47
Nbr of stocks (in thousands) 3,479 3,196 3,185 3,040 2,839 2,665 - -
Announcement Date 01/02/22 31/01/23 30/01/24 28/01/25 28/01/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
17.09x1.74x11.75x-.--% 16.39B
15.56x0.7x10.86x2.62% 18.36B
12.8x0.99x10.51x3.04% 4.12B
11.39x - - - 3.51B
10.04x - - - 1.03B
28.62x - - - 666M
6.51x0.1x1.32x6.92% 169M
-8.33x0.28x10.84x-.--% 95.01M
Average 11.71x 0.76x 9.06x 2.52% 5.54B
Weighted average by Cap. 15.52x 1.16x 11.16x 1.58%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA



Year-on-year evolution of the Yield

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