(TMHC) Taylor Morn Home - Overview
Sector: Consumer Cyclical | Industry: Residential Construction | Exchange: NYSE (USA) | Market Cap: 5.321m USD | Total Return: -7.7% in 12m
Industry Rotation: -12.8
Avg Turnover: 67.2M
EPS Trend: -41.5%
Qual. Beats: 0
Rev. Trend: -18.4%
Qual. Beats: 0
Warnings
Choppy
Tailwinds
No distinct edge detected
Taylor Morrison Home Corporation (TMHC) is a Scottsdale-based homebuilder and land developer operating across several U.S. market segments. The company designs and constructs single-family and multi-family homes catering to entry-level, move-up, and resort lifestyle consumers under brands including Taylor Morrison, Esplanade, and Yardly. Its operations extend beyond construction to include master-planned community development, build-to-rent projects, and integrated financial services such as mortgage lending and title insurance.
The homebuilding sector is highly sensitive to mortgage rate fluctuations and land acquisition costs, which directly impact absorption rates and gross margins. As a large-scale developer, Taylor Morrison utilizes a diversified business model that balances traditional home sales with the growing build-to-rent asset class to capture shifting housing demand. Investors can find further data on these operational trends at ValueRay.
- Mortgage rate fluctuations impact affordability and new home order volume
- Expansion of Yardly build-to-rent portfolio diversifies recurring revenue streams
- Strategic land acquisition in high-growth Sunbelt markets drives long-term margin
- Financial services and title insurance segments provide high-margin ancillary income
- Input cost volatility and labor shortages affect construction cycle times
| Net Income: 672.1m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.07 > 0.02 and ΔFCF/TA 3.13 > 1.0 |
| NWC/Revenue: 79.50% < 20% (prev 75.63%; Δ 3.87% < -1%) |
| CFO/TA 0.08 > 3% & CFO 751.5m > Net Income 672.1m |
| Net Debt (1.76b) to EBITDA (1.00b): 1.75 < 3 |
| Current Ratio: 7.00 > 1.5 & < 3 |
| Outstanding Shares: last quarter (97.5m) vs 12m ago -5.33% < -2% |
| Gross Margin: 22.44% > 18% (prev 0.25%; Δ 2.22k% > 0.5%) |
| Asset Turnover: 79.48% > 50% (prev 89.13%; Δ -9.65% > 0%) |
| Interest Coverage Ratio: 17.09 > 6 (EBITDA TTM 1.00b / Interest Expense TTM 49.7m) |
| A: 0.62 (Total Current Assets 7.06b - Total Current Liabilities 1.01b) / Total Assets 9.77b |
| B: 0.54 (Retained Earnings 5.27b / Total Assets 9.77b) |
| C: 0.09 (EBIT TTM 848.6m / Avg Total Assets 9.58b) |
| D: 1.50 (Book Value of Equity 5.28b / Total Liabilities 3.52b) |
| Altman-Z'' Score: 7.99 = AAA |
| DSRI: 1.40 (Receivables 269.8m/212.2m, Revenue 7.61b/8.36b) |
| GMI: 1.10 (GM 22.44% / 24.66%) |
| AQI: 1.43 (AQ_t 0.24 / AQ_t-1 0.17) |
| SGI: 0.91 (Revenue 7.61b / 8.36b) |
| TATA: -0.01 (NI 672.1m - CFO 751.5m) / TA 9.77b) |
| Beneish M-Score: -2.43 (Cap -4..+1) = BBB |
Over the past week, the price has changed by -8.68%, over one month by -9.65%, over three months by -19.53% and over the past year by -7.65%.
- StrongBuy: 4
- Buy: 5
- Hold: 1
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 70.2 | 28.2% |
P/E Forward = 12.7714
P/S = 0.6989
P/B = 0.8984
P/EG = 1.4093
Revenue TTM = 7.61b USD
EBIT TTM = 848.6m USD
EBITDA TTM = 1.00b USD
Long Term Debt = 2.34b USD (from longTermDebt, last quarter)
Short Term Debt = 82.6m USD (from shortTermDebt, last fiscal year)
Debt = 2.41b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 1.76b USD (from netDebt column, last quarter)
Enterprise Value = 7.08b USD (5.32b + Debt 2.41b - CCE 652.9m)
Interest Coverage Ratio = 17.09 (Ebit TTM 848.6m / Interest Expense TTM 49.7m)
EV/FCF = 9.98x (Enterprise Value 7.08b / FCF TTM 709.6m)
FCF Yield = 10.02% (FCF TTM 709.6m / Enterprise Value 7.08b)
FCF Margin = 9.32% (FCF TTM 709.6m / Revenue TTM 7.61b)
Net Margin = 8.83% (Net Income TTM 672.1m / Revenue TTM 7.61b)
Gross Margin = 22.44% ((Revenue TTM 7.61b - Cost of Revenue TTM 5.90b) / Revenue TTM)
Gross Margin QoQ = 20.95% (prev 22.04%)
Tobins Q-Ratio = 0.72 (Enterprise Value 7.08b / Total Assets 9.77b)
Interest Expense / Debt = 0.46% (Interest Expense 11.2m / Debt 2.41b)
Taxrate = 23.15% (30.3m / 130.7m)
NOPAT = 652.1m (EBIT 848.6m * (1 - 23.15%))
Current Ratio = 7.00 (Total Current Assets 7.06b / Total Current Liabilities 1.01b)
Debt / Equity = 0.39 (Debt 2.41b / totalStockholderEquity, last quarter 6.25b)
Debt / EBITDA = 1.75 (Net Debt 1.76b / EBITDA 1.00b)
Debt / FCF = 2.48 (Net Debt 1.76b / FCF TTM 709.6m)
Total Stockholder Equity = 6.20b (last 4 quarters mean from totalStockholderEquity)
RoA = 7.02% (Net Income 672.1m / Total Assets 9.77b)
RoE = 10.85% (Net Income TTM 672.1m / Total Stockholder Equity 6.20b)
RoCE = 9.94% (EBIT 848.6m / Capital Employed (Equity 6.20b + L.T.Debt 2.34b))
RoIC = 7.74% (NOPAT 652.1m / Invested Capital 8.42b)
WACC = 6.24% (E(5.32b)/V(7.74b) * Re(8.91%) + D(2.41b)/V(7.74b) * Rd(0.46%) * (1-Tc(0.23)))
Discount Rate = 8.91% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -98.88 | Cagr: -4.81%
[DCF] Terminal Value 85.27% ; FCFF base≈580.8m ; Y1≈576.5m ; Y5≈602.6m
[DCF] Fair Price = 158.8 (EV 16.60b - Net Debt 1.76b = Equity 14.84b / Shares 93.4m; r=6.24% [WACC]; 5y FCF grow -1.47% → 3.0% )
EPS Correlation: -41.47 | EPS CAGR: -17.17% | SUE: -0.26 | # QB: 0
Revenue Correlation: -18.45 | Revenue CAGR: -9.24% | SUE: 0.87 | # QB: 0
EPS current Quarter (2026-06-30): EPS=1.14 | Chg30d=-12.98% | Revisions=-56% | Analysts=6
EPS next Quarter (2026-09-30): EPS=1.45 | Chg30d=+3.32% | Revisions=-11% | Analysts=6
EPS current Year (2026-12-31): EPS=5.29 | Chg30d=+3.72% | Revisions=+0% | GrowthEPS=-35.8% | GrowthRev=-18.6%
EPS next Year (2027-12-31): EPS=6.42 | Chg30d=-1.71% | Revisions=-33% | GrowthEPS=+21.3% | GrowthRev=+7.8%
[Analyst] Revisions Ratio: -56%