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ValuEngine.com Data on Home Builders Remains Poor

|Includes: AMREP Corporation (AXR), BZH, CAA, CHCI, DHI, HOV, KBH, LEN, MDC, MHO, MTH, NVR, PHM, RYL, TOL
Go to ValuEngine.com
May 19, 2011

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There's Still No Place Like Home

ValuEngine.com Data on Home Builders Remains Poor

 Once again the financial media is awash with negative stories on the US housing market.  Sales of previously occupied homes posted another decline in April and March's figure was revised down as well.  Median sales prices declined another 5%.  In addition, inventories rose last month and now equal a supply of more than 9 months at current sales rates  Sales figures were worse than the analysts' forecasts.  All of this data is in line with the predictions and prognostications of our Chief Market Strategist Richard Suttmeier on the housing market.

  Below we present our critical data points for the Home Building Industry from our ValuEngine Institutional  (VEI) Software package.  Note that as of this writing not a single builder is rated a buy and both short and long-term forecast figures are very weak to poor.

Ticker
Name
Mkt Price
Valuation(%)
VE Rating
Last 12-M Retn(%)
Forecast 1-Month Retn(%)
Forecast 1-Yr Retn(%)
P/E Ratio
AXR
AMREP CORP
9.78
-36.34
1
-27.82
-1.85
-22.46
139.71
BZH
BEAZER HOMES
3.77
-71.95
3
-31.45
0.97
-0.41
   
N/A
CHCI
COMSTOCK HMBLDG
1.24
   
N/A
1
-54.41
-5.36
-24.73
   
N/A
DHI
D R HORTON INC
11.65
-21.2
3
-9.27
0.3
-4.56
764.8
HOV
HOVNANIAN ENTRP
2.53
-75
3
-60.78
0.87
1.25
   
N/A
KBH
KB HOME
11.23
-51.78
1
-28.15
-10.27
-45.1
   
N/A
LEN
LENNAR CORP -A
17.84
-25.25
2
-0.83
-0.8
-8.05
47.62
MDC
MDC HLDGS
25.36
-32.33
3
-17.15
0.52
-2.21
   
N/A
MHO
M/I HOMES INC
12.06
-35.82
2
-3.05
0.25
-6.7
   
N/A
MTH
MERITAGE HOMES
23.21
-12.75
2
3.85
0.28
-5.88
999
NVR
NVR INC
733.42
-3.78
3
8.48
1.52
2.27
24.52
PHM
PULTE GROUP ONC
7.57
-56.83
3
-34.35
0.81
1.54
   
N/A
RYL
RYLAND GRP INC
16.8
-32.21
2
-12.27
-0.25
-8.54
   
N/A
SPF
STANDARD PAC
3.63
-61.91
3
-33.03
0.86
1.7
59.09
TOL
TOLL BROTHERS
20.38
-3.16
3
-3.64
0.58
-4
   
N/A

 

 
Market Indices Data
Index
Latest
Change
YTD
Dow Jones
12,580.00
19.83
8.66%
NASDAQ Composite
2,813.29
-1.71
6.05%
Russell 2000
834.52
1.07
6.49%
S&P 500
1,339.85
-0.83
6.54%

 

ValuEngine Market Overview
Summary of VE Stock Universe
Stocks Undervalued
46.85%
Stocks Overvalued
53.15%
Stocks Undervalued by 20%
18.49%
Stocks Overvalued by 20%
21.99%
 
ValuEngine Sector Overview
Sector
Change
MTD
YTD
Valuation
Last 12-MReturn
P/E Ratio
Multi-Sector Conglomerates
1.04%
-2.47%
4.20%
9.97% overvalued
30.35%
28.27
Utilities
0.59%
-1.96%
5.06%
9.51% overvalued
22.15%
23.61
Oils-Energy
2.14%
-7.51%
1.54%
6.87% overvalued
39.42%
47.21
Business Services
0.88%
-1.19%
5.66%
6.50% overvalued
11.63%
37.10
Consumer Staples
0.39%
-2.06%
-3.03%
6.49% overvalued
17.88%
21.10
Retail-Wholesale
0.79%
-0.18%
7.37%
5.25% overvalued
21.32%
35.17
Industrial Products
1.21%
-4.70%
3.30%
4.63% overvalued
24.78%
31.88
Transportation
0.92%
-2.85%
-1.49%
4.18% overvalued
17.59%
20.14
Computer and Technology
1.44%
-3.23%
9.61%
3.98% overvalued
30.50%
45.02
Aerospace
0.69%
-1.33%
11.94%
3.10% overvalued
22.87%
18.79
Medical
0.97%
0.22%
16.00%
3.02% overvalued
17.52%
34.98
Consumer Discretionary
1.07%
-1.24%
5.96%
2.96% overvalued
13.72%
29.90
Finance
0.79%
-0.15%
3.27%
2.47% overvalued
7.58%
25.20
Auto-Tires-Trucks
0.87%
-5.51%
-6.63%
1.25% overvalued
45.38%
19.52
Basic Materials
1.67%
-6.13%
-5.96%
2.35% undervalued
40.76%
23.80
Construction
1.22%
-4.68%
-4.67%
3.11% undervalued
1.08%
48.78

 

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