WATCH Lennar Corporation (LEN)
Consumer Cyclical · Residential Construction · NYQ · United States
65
Final Score
38.9%
Margin of Safety
42
Quality Score
$82.86
Current Price
$20.0B
Market Cap
Key Metrics
Pe Ratio
12.99
Forward Pe
12.79
Pb Ratio
0.92
Ev Ebitda
10.85
Roe
7.4%
Gross Margin
16.4%
Operating Margin
5.3%
Net Margin
4.9%
Dividend Yield
238.0%
Debt To Equity
28.69
Current Ratio
8.51
Beta
1.40
📈 Trend Charts
Revenue Trend
EPS Trend
Net Income Trend
Free Cash Flow Trend
Intrinsic Value Estimates
Low
$108.53
Base
$135.66
High
$162.80
Pipeline Stage Details
Stage A — Hard Filters ✅
Pe Ratio
12.99
Eps Positive Years
4.00
Eps Lookback
4.00
Fcf Positive Years
4.00
Fcf Lookback
4.00
Debt To Equity
0.29
Current Ratio
8.51
Dilution Cagr
-0.05
Stage B — Quality Score: 42/100
Stage C — Cyclicality: MED
Normalized EPS
$12.94
Stage F — Final Score Breakdown
| Component | Weighted Score |
|---|---|
| Valuation | 22.5 |
| Earnings Quality | 10.6 |
| Balance Sheet | 18.0 |
| Stability | 8.2 |
| Moat Proxies | 5.5 |
Top Drivers
- Undervalued: price $82.86 vs estimated intrinsic value $135.66 gives a 39% margin of safety — meeting Graham's 30% minimum safety requirement.
- Reasonable P/E of 13.0x — below long-run market average (~15-17x), suggesting the stock is not overpriced.
- Fortress balance sheet: D/E of 0.29x (conservative) and current ratio of 8.51x — ample liquidity and low financial risk. Graham emphasis on capital preservation.
Top Risks
- Moderate cyclicality (Operating margin stddev: 5.0%) — earnings may fluctuate.
- Quality concern: Operating margin in structural decline
Financial History
| Year | Revenue | Gross Profit | Operating Income | Net Income | EPS |
|---|---|---|---|---|---|
| 2021 | N/A | N/A | N/A | N/A | $N/A |
| 2022 | $33.7B | $7.2B | $6.8B | $4.6B | $15.72 |
| 2023 | $34.2B | $5.9B | $5.4B | $3.9B | $13.73 |
| 2024 | $35.4B | $5.5B | $4.8B | $3.9B | $14.31 |
| 2025 | $34.2B | $3.4B | $2.8B | $2.1B | $7.98 |
Cash Flow History
| Year | Operating CF | CapEx | Free Cash Flow |
|---|---|---|---|
| 2021 | N/A | N/A | N/A |
| 2022 | $3.3B | $-57.2M | $3.2B |
| 2023 | $5.2B | $-99.8M | $5.1B |
| 2024 | $2.4B | $-171.5M | $2.2B |
| 2025 | $216.8M | $-188.6M | $28.2M |