$51.16
-0.098%KB Home operates as a homebuilding company in the United States. It operates through four segments: West Coast, Southwest, Central, and Southeast. It builds and sells various homes, including attached and detached single-family residential homes, townhomes, and condominiums primarily for first-time, first move-up, second move-up, and active adult homebuyers. The company also offers financial services, such as insurance products and title services. It has operations in Arizona, California, Colorado, Florida, Nevada, North Carolina, Texas, and Washington. The company was formerly known as Kaufman and Broad Home Corporation and changed its name to KB Home in January 2001. KB Home was founded in 1957 and is headquartered in Los Angeles, California.
Warren Buffett's Owner Earnings DCF analysis for intrinsic value calculation
Base year metrics used for projections
Forecast period and terminal assumptions
Calculation flow from present value to intrinsic value per share
Operating Cash Flow - Maintenance CapEx = Owner Earnings
| Metric | Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Year 6 | Year 7 | Year 8 | Year 9 | Year 10 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $303.9M | $272.8M | $244.8M | $219.7M | $197.2M | $176.9M | $158.8M | $142.5M | $127.9M | $114.8M |
| Maintenance CapEx | -$8.7M | -$7.8M | -$7.0M | -$6.3M | -$5.6M | -$5.1M | -$4.5M | -$4.1M | -$3.7M | -$3.3M |
| Owner Earnings | $295.2M | $265.0M | $237.8M | $213.4M | $191.5M | $171.9M | $154.3M | $138.4M | $124.2M | $111.5M |
| Discount Factor | 0.926 | 0.857 | 0.794 | 0.735 | 0.681 | 0.630 | 0.583 | 0.540 | 0.500 | 0.463 |
| Present Value | $273.4M | $227.2M | $188.8M | $156.9M | $130.3M | $108.3M | $90.0M | $74.8M | $62.2M | $51.6M |
Snapshot
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Value Model
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Statements
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Earnings Call
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Dividends
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Analyst Expectations
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