Author Topic: NVR - NVR Inc.  (Read 5492 times)

no_free_lunch

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Re: NVR - NVR Inc.
« Reply #10 on: November 17, 2018, 11:00:25 AM »
Thanks for your thoughts KJP.

The strike price of the options was advantageous for existing shareholders.  I ball parked the strike at $3k, vs $2.4k current price.  So they did at least choose a high point in the price to issue at.

I will keep watching this one for now.


KJP

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Re: NVR - NVR Inc.
« Reply #11 on: April 23, 2019, 06:53:24 AM »
NVR is up ~65% from the late 2018 low.  I have it at about 14x EBIT and 18x earnings, with new bookings slowing down and being weighted more toward less profitable houses in the Southeast.  So, I think it's now somewhere around fair value.
« Last Edit: April 23, 2019, 10:24:31 AM by KJP »

Gregmal

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Re: NVR - NVR Inc.
« Reply #12 on: April 23, 2019, 10:15:00 AM »
NVR is up ~65% from the late 2018 low.  I have it at about 14x EBIT and 18x earnings, with now bookings slowing down and being weighted more toward less profitable houses in the Southeast.  So, I think it's now somewhere around fair value.

Yup, yup.... this and LGI Homes (the not so pretty one) up massively in a few months. But value investing is dead...