Projected Income Statement: Lennar Corporation

Forecast Balance Sheet: Lennar Corporation

Forecast Balance Sheet - Lennar Corporation
Fiscal Period: November 2021 2022 2023 2024 2025 2026 2027 2028
Net Debt 1 1,895 -569 -3,457 -2,404 643 3,593 4,003 4,753
Change - -130.03% -507.56% 30.46% 126.75% 458.47% 11.41% 18.74%
Announcement Date 12/15/21 12/14/22 12/14/23 12/18/24 12/16/25 - - -
1USD in Million
Estimates

Cash Flow Forecast: Lennar Corporation

Fiscal Period: November 2021 2022 2023 2024 2025 2026 2027 2028
CAPEX 1 65.17 57.21 99.8 171.5 188.6 148.4 182.4 168.9
Change - -12.21% 74.43% 71.85% 9.99% -21.34% 22.94% -7.41%
Free Cash Flow (FCF) 1 2,468 3,208 5,080 2,232 28.18 - 779.4 -
Change - 30.02% 58.33% -56.06% -98.74% -100% - -100%
Announcement Date 12/15/21 12/14/22 12/14/23 12/18/24 12/16/25 - - -
1USD in Million
Estimates

Forecast Financial Ratios: Lennar Corporation

Fiscal Period: November 2021 2022 2023 2024 2025 2026 2027 2028

Profitability

        
EBITDA Margin (%) 20.51% 20.89% 16.35% 15.29% 9.12% 6.42% 6.67% 8.3%
EBIT Margin (%) 20.19% 20.64% 16.03% 14.97% 8.73% 6.05% 6.19% 7.37%
EBT Margin (%) 21.45% 17.86% 15.2% 14.63% 8.23% 4.96% 4.75% 5.4%
Net margin (%) 16.33% 13.7% 11.5% 11.1% 6.08% 3.71% 3.64% 4.29%
FCF margin (%) 9.1% 9.53% 14.84% 6.3% 0.08% - 2.4% -
FCF / Net Income (%) 55.7% 69.54% 128.98% 56.75% 1.36% - 65.92% -

Profitability

        
ROA 12.67% 14.61% 10.2% 9.76% 5.49% 4.5% 4.8% 7.45%
ROE 20.61% 20.55% 15.54% 14.44% 8.34% 5.52% 5.86% 7.61%

Financial Health

        
Leverage (Debt/EBITDA) 0.34x - - - 0.21x 1.78x 1.85x 1.64x
Debt / Free cash flow 0.77x - - - 22.83x - 5.14x -

Capital Intensity

        
CAPEX / Current Assets (%) 0.24% 0.17% 0.29% 0.48% 0.55% 0.47% 0.56% 0.49%
CAPEX / EBITDA (%) 1.17% 0.81% 1.78% 3.16% 6.05% 7.34% 8.44% 5.85%
CAPEX / FCF (%) 2.64% 1.78% 1.96% 7.68% 669.3% - 23.41% -

Items per share

        
Cash flow per share 1 8.261 11.27 18.28 8.835 0.8412 4.208 3.2 -
Change - 36.4% 62.25% -51.67% -90.48% 400.27% -23.96% -
Dividend per Share 1 2 1.5 1.5 2 2 2 2.05 2.082
Change - -25% 0% 33.33% 0% 0% 2.5% 1.56%
Book Value Per Share 1 67.89 83.16 93.82 102.5 88.91 87.47 90.8 102.5
Change - 22.48% 12.82% 9.21% -13.22% -1.62% 3.81% 12.83%
EPS 1 14.27 15.72 13.73 14.31 7.98 4.853 5.133 6.807
Change - 10.16% -12.66% 4.22% -44.23% -39.18% 5.76% 32.63%
Nbr of stocks (in thousands) 309,473 291,167 284,355 271,245 247,016 237,900 237,900 237,900
Announcement Date 12/15/21 12/14/22 12/14/23 12/18/24 12/16/25 - - -
1USD
Estimates
2026 *2027 *
P/E 17.3x 16.4x
PBR 0.96x 0.92x
EV / Sales 0.75x 0.74x
Yield 2.38% 2.44%

EPS & Dividend

EPS & Dividend - Lennar Corporation


Y-o-Y evolution of P/E

Valuation ratios - P/E - Lennar Corporation
 

Year-on-year evolution of the Yield

Valuation ratios - Yield - Lennar Corporation
Trader
Investor
Global
Quality
ESG MSCI
-
MarketScreener Ratings - Lennar Corporation
Sell
Consensus
Buy
Mean consensus
UNDERPERFORM
Number of Analysts
21
Last Close Price
83.98USD
Average target price
77.73USD
Spread / Average Target
-7.44%

Quarterly revenue - Rate of surprise

Rate of surprise - Net sales - Quarterly - Lennar Corporation
  1. Stock Market
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  3. LEN Stock
  4. LEN.B Stock
  5. Financials Lennar Corporation