Stock fact sheet · data as of
NVR, Inc. (NVR): fair value, margin of safety and Wheel Score
Consumer Cyclical · Residential Construction · United States · Value
Is NVR undervalued?
NVR closed at 5,940.83 on 16 Oct 2026 against a GLS average fair value of 6,229.48 - 4.6% below fair value, which our screens read as "fairly priced". 4 of 8 models are above the current price. There is no discount to lean on here, so the margin of safety is not the reason to look at the stock.
The 8 models disagree widely: GLS Growth gives 303.86 while Graham Growth gives 12,867.16. A spread that wide means the average is sensitive to which methods you trust; the model table below shows where each one lands, and the Quote page lets you switch any of them off.
The nightly engine files NVR under Value: positive earnings at a P/E of 18 or less.
Nine valuation models for NVR
Each model turns the latest filed numbers into a value per share; the GLS fair value is the simple average of the ones that produce a positive number. The last two rows are shown for reference and never enter the average. The Quote page lets you switch any model off and add your own margin of safety.
| Model | Value | vs price | What it measures |
|---|---|---|---|
| DCF | 7,157.62 | +20% | Present value of the projected free cash flows, discounted at the cost of capital |
| Graham Number | 3,407.06 | -43% | The most a defensive investor pays for the earnings and book value per share |
| Graham Growth | 12,867.16 | +117% | Graham's growth formula: EPS × (8.5 + 2 × growth), adjusted for bond yields |
| Lynch | 4,808.86 | -19% | EPS × the earnings growth rate (PEG of 1), growth capped at 25% |
| GLS Growth | 303.86 | -95% | EPS compounded ten years at the blended growth rate, discounted back at 15% a year |
| 10 Cap | 10,180.95 | +71% | Owner's earnings (operating cash flow less maintenance capex) capitalised at 10% |
| Payback Time | 6,480.42 | +9% | Eight years of compounded free cash flow: the price at which the business pays for itself |
| DDM | - | - | Dividend discount model: next year's dividend ÷ (10% − 3% growth); needs a dividend; no value tonight |
| EPV | 4,629.91 | -22% | Earnings power value: current EPS capitalised at 9% with no growth |
| Zombie (liquidation) | 642.65 | -89% | Current assets less all liabilities, per share: the balance-sheet floor. Not in the average |
| Wall St target | 6,545.75 | +10% | Analysts' average 12-month price target. Not in the average |
Quality and financial health
Financial health is average - NVR passes 5 of the nine Piotroski tests, which falls one point short of the Sunday Scan's "6 or more" rule. The Financials tab on the Quote page shows which tests fail. The GLS Moat score is 6.0 out of 10: a ten-year record that is consistent in some of the metrics the score tracks (revenue, earnings, margins, cash flow, returns on capital) and patchy in others.
Returns on capital are high - ROIC 26.5%, ROE 34.7%, ROA 22.9% - with debt at 0.31 times equity and a free-cash-flow yield of 6.6%.
NVR, Inc. pays no dividend, so the DDM model does not apply and a covered-call holder earns only the premium and any price gain. Revenue comes mainly from Home Building 98%, Mortgage Banking 2% (quarter Q2 FY2026).
Institutional ownership scores 10/10, insider activity 4/10 and Congressional trading 10/10 on the GLS smart-money scales.
| Piotroski F-score | 5 / 9 | ROIC | 26.5% |
|---|---|---|---|
| GLS Moat | 6.0 / 10 | ROE | 34.7% |
| Debt / equity | 0.31 | ROA | 22.9% |
| Free-cash-flow yield | 6.6% | Payout ratio | 0% |
| Institutions | 10 / 10 | Insiders · Congress | 4 · 10 / 10 |
Wheel Score 39: No options
NVR has no listed options in the nightly snapshot, so there is nothing to sell and the stock cannot be wheeled however good the business; the Wheel Score is capped at 39 and shown as "No options" (39 here). The valuation and quality numbers still apply to owning the shares outright.
Volume runs at 55k shares a day on a market cap of $15.9B, with a beta of 0.90; the Stability part of the Wheel Score gives that 12 of 20.
| Part | Points | From | |
|---|---|---|---|
| Value | 14 / 25 | 5% margin of safety | |
| Health | 11 / 20 | Piotroski 5/9 | |
| Moat | 9 / 15 | moat 6.0/10 | |
| Premium | 0 / 20 | no option data | |
| Stability | 12 / 20 | 55k shares/day, $15.9B cap, beta 0.90 |
The Wheel Score ranks ~7,400 US stocks for selling cash-secured puts and covered calls; it is updated nightly and is not a recommendation. The walkthrough lesson shows how the score fits into a trade, start to finish.
Upcoming events
NVR, Inc. reports earnings on 22 Oct 2026 (before the open) - inside the 14-day window the Sunday Scan avoids, because a put sold now would carry the report's gap risk.
Earnings, dividend, IPO, split and economic calendars for the whole market, filterable to your watchlists.
Similar stocks in Residential Construction
The 12 companies below are the closest to NVR, Inc. by market cap within the Residential Construction industry, each with its own fact sheet; the Compare page puts up to eight of them side by side.
| Stock | Close | Fair value | MoS | Wheel | Mkt cap |
|---|---|---|---|---|---|
| LEN-B Lennar Corporation | 76.93 | 90.39 | +15% | 39No options | $18.5B |
| LEN Lennar Corporation | 77.69 | 92.40 | +16% | 79Good | $18.5B |
| PHM PulteGroup, Inc. | 109.35 | 197.70 | +45% | 88Prime | $20.8B |
| TOL Toll Brothers, Inc. | 130.41 | 199.69 | +35% | 85Prime | $12.0B |
| DHI D.R. Horton, Inc. | 139.55 | 298.13 | +53% | 89Prime | $39.0B |
| IBP Installed Building Products, Inc. | 187.94 | 112.54 | -67% | 57Fair | $5.0B |
| SKY Champion Homes, Inc. | 75.90 | 80.03 | +5% | 76Good | $4.1B |
| CVCO Cavco Industries, Inc. | 535.60 | 530.46 | -1% | 67Good | $4.1B |
| MTH Meritage Homes Corporation | 60.28 | 101.28 | +40% | 80Prime | $3.9B |
| MHO M/I Homes, Inc. | 126.02 | 176.77 | +29% | 76Good | $3.2B |
| GRBK Green Brick Partners, Inc. | 61.98 | 91.90 | +33% | 79Good | $2.7B |
| KBH KB Home | 43.65 | 62.28 | +30% | 80Prime | $2.7B |
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Start free See the Sunday ScanQuestions about NVR
Is NVR undervalued right now?
Not meaningfully: at 5,940.83 the stock trades within a few percent of the GLS average fair value of 6,229.48 (4.6% below fair value, data as of 16 Oct 2026).
What is the Wheel Score of NVR and what does it mean?
NVR has no listed options in our nightly snapshot, so it cannot be wheeled; its Wheel Score is capped at 39 and shown as "No options".
What is the GLS fair value for NVR?
6,229.48 per share as of 16 Oct 2026 - the simple average of the 8 valuation models (out of nine: DCF, Graham Number, Graham Growth, Lynch, GLS Growth, 10 Cap, Payback Time, DDM and EPV) that produced a positive value. The models run every night on the latest filings; the Quote page lets you switch any of them off and add a margin of safety of your own.
When does NVR, Inc. report earnings next?
The next earnings report is due on 22 Oct 2026 (before the open), 6 days from the data date of 16 Oct 2026. The Calendars page lists every upcoming report with its time of day.
Does NVR have listed options, and how liquid are they?
No. The nightly options snapshot found no listed contracts on NVR, so the wheel strategy cannot be run on it and the Wheel Score is capped at 39.