Company Valuation: Lennar Corporation

Data adjusted to current consolidation scope
Fiscal Period: November 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 31,785 25,019 35,924 46,992 32,193 18,326 - -
Change - -21.29% 43.59% 30.81% -31.49% -43.07% - -
Enterprise Value (EV) 1 33,680 24,450 32,467 44,588 32,836 21,919 22,330 23,079
Change - -27.4% 32.79% 37.33% -26.36% -33.25% 1.87% 3.36%
P/E 7.36x 5.59x 9.32x 12.2x 16.5x 15.9x 14.5x 11.2x
PBR 1.55x 1.06x 1.36x 1.7x 1.48x 0.9x 0.88x 0.8x
PEG - 0.6x -0.7x 2.89x -0.4x -0.4x 1.58x 0.4x
Capitalization / Revenue 1.17x 0.74x 1.05x 1.33x 0.94x 0.58x 0.56x 0.53x
EV / Revenue 1.24x 0.73x 0.95x 1.26x 0.96x 0.7x 0.69x 0.66x
EV / EBITDA 6.05x 3.48x 5.8x 8.23x 10.5x 10.8x 10.3x 7.99x
EV / EBIT 6.15x 3.52x 5.92x 8.41x 11x 11.5x 11.1x 9x
EV / FCF - - - - - - 28,649,683x -
FCF Yield - - - - - - 0% -
Dividend per Share 2 2 1.5 1.5 2 2 2 2.05 2.082
Rate of return 1.9% 1.71% 1.17% 1.15% 1.52% 2.59% 2.66% 2.7%
EPS 2 14.27 15.72 13.73 14.31 7.98 4.852 5.298 6.864
Distribution rate 14% 9.54% 10.9% 14% 25.1% 41.2% 38.7% 30.3%
Net sales 1 27,131 33,671 34,233 35,441 34,187 31,501 32,442 34,801
EBITDA 1 5,563 7,035 5,598 5,420 3,119 2,022 2,162 2,889
EBIT 1 5,477 6,948 5,488 5,305 2,985 1,904 2,007 2,565
Net income 1 4,430 4,614 3,939 3,933 2,078 1,170 1,194 1,508
Net Debt 1 1,895 -568.8 -3,457 -2,404 643.4 3,593 4,003 4,753
Reference price 2 105.05 87.83 127.92 174.39 131.30 77.08 77.08 77.08
Nbr of stocks (in thousands) 309,473 291,167 284,355 271,245 247,016 237,900 - -
Announcement Date 12/15/21 12/14/22 12/14/23 12/18/24 12/16/25 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution



P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
15.89x0.7x10.84x2.59% 18.33B
13.37x1.28x9.86x1.29% 38.99B
11.31x1.31x7.88x0.91% 21.29B
9.95x0.92x8.73x4.01% 17.42B
16.52x1.71x11.55x-.--% 15.78B
9.74x0.81x8.77x4.28% 13.92B
10.52x1.26x7.66x0.77% 12.32B
13.19x0.81x6.51x3.18% 6.59B
14.21x0.62x7.54x0.32% 5.79B
Average 12.74x 1.05x 8.82x 1.93% 16.71B
Weighted average by Cap. 12.77x 1.13x 9.23x 1.85%

Y-o-Y evolution of P/E

Valuation ratios - P/E - Lennar Corporation

Historical PBR trend

Valuation ratios - PBR - Lennar Corporation

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - Lennar Corporation

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - Lennar Corporation


Year-on-year evolution of the Yield

Valuation ratios - Yield - Lennar Corporation
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