LEN Lennar
Intrinsic value$54.92
Price (at call)$85.11
Margin of safety
-35.5%
vs market (rating basis)
+17.8%
Model unavailable; showing baseline valuation.
⚠ LLM error: empty response; using baseline
The story
Value drivers
| Revenue growth (Y1) | 3.0% |
| Terminal growth | 3.5% |
| Forecast horizon | 10y |
| Target operating margin | 6.2% |
| Years to target margin | 5 |
| Sales-to-capital | 1.18 |
| Beta | 1.40 |
| Failure probability | 0.0% |
| Cost of capital (WACC) | 9.6% |
| Terminal WACC | 8.2% |
Valuation bridge
| PV of explicit FCFF | 4.81B |
| PV of terminal value | 10.72B |
| Equity value | 13.23B |
| ÷ shares → per share | $54.92 |
News
score · 8 articles
- Toll Brothers Grew Its Earnings Per Share Without Growing Earnings
- Berkshire bets on housing market recovery under CEO Greg Abel
- Berkshire Boosts Its Bet: This AI Hyperscaler Is Now a Top-3 Holding
- Lennar (LEN) Gains As Market Dips: What You Should Know
- Hovnanian Hurt by Frozen Housing Market
- Berkshire Rebalances Portfolio: Is It Embracing the Tech Era?
- Lennar (LEN) Opens New Home Communities In Madison And Valencia
- LSI (LYTS) Misses Q4 Earnings Estimates
Projected free cash flow to the firm
| Yr | Revenue | Growth | Margin | NOPAT | Reinvest | FCFF | PV |
|---|---|---|---|---|---|---|---|
| 1 | 33.72B | 3.0% | 6.2% | 1.57B | 835.03M | 739.33M | 674.87M |
| 2 | 34.75B | 3.1% | 6.2% | 1.62B | 876.01M | 746.46M | 621.97M |
| 3 | 35.83B | 3.1% | 6.2% | 1.67B | 919.19M | 753.75M | 573.29M |
| 4 | 36.97B | 3.2% | 6.2% | 1.73B | 964.71M | 761.21M | 528.49M |
| 5 | 38.16B | 3.2% | 6.2% | 1.78B | 1.01B | 768.81M | 487.23M |
| 6 | 39.41B | 3.3% | 6.2% | 1.84B | 1.06B | 776.55M | 449.23M |
| 7 | 40.72B | 3.3% | 6.2% | 1.90B | 1.12B | 784.41M | 414.21M |
| 8 | 42.10B | 3.4% | 6.2% | 1.97B | 1.17B | 792.38M | 381.94M |
| 9 | 43.55B | 3.4% | 6.2% | 2.03B | 1.23B | 800.44M | 352.19M |
| 10 | 45.08B | 3.5% | 6.2% | 2.10B | 1.30B | 808.57M | 324.75M |