Switch to:

GuruFocus Financial Strength Rank measures how strong a company’s financial situation is. It is based on these factors

1. The debt burden that the company has as measured by its Interest coverage (current year).
2. Debt to revenue ratio. The lower, the better
3. Altman Z-score.

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

Financial Strength : 8/10

vs
industry
vs
history
Cash to Debt 0.34
MDC's Cash to Debt is ranked higher than
58% of the 506 Companies
in the Global Residential Construction industry.

( Industry Median: 0.52 vs. MDC: 0.34 )
MDC' s 10-Year Cash to Debt Range
Min: 0.04   Max: 1.52
Current: 0.34

0.04
1.52
Equity to Asset 0.52
MDC's Equity to Asset is ranked higher than
66% of the 494 Companies
in the Global Residential Construction industry.

( Industry Median: 0.49 vs. MDC: 0.52 )
MDC' s 10-Year Equity to Asset Range
Min: 0.32   Max: 0.55
Current: 0.52

0.32
0.55
Interest Coverage 177.21
MDC's Interest Coverage is ranked higher than
72% of the 309 Companies
in the Global Residential Construction industry.

( Industry Median: 25.35 vs. MDC: 177.21 )
MDC' s 10-Year Interest Coverage Range
Min: 4.41   Max: 177.21
Current: 177.21

4.41
177.21
F-Score: 2
Z-Score: 2.60
M-Score: -1.67
WACC vs ROIC
7.30%
4.04%
WACC
ROIC
GuruFocus Profitability Rank ranks how profitable a company is and how likely the company’s business will stay that way. It is based on these factors:

1. Operating Margin
2. Trend of the Operating Margin (5-year average). The company with an uptrend profit margin has a higher rank.
••3. Consistency of the profitability
4. Piotroski F-Score
5. Predictability Rank•

The maximum rank is 10. A rank of 7 or higher means a higher profitability and may stay that way. A rank of 3 or lower indicates that the company has had trouble to make a profit.

Profitability Rank is not directly related to the Financial Strength Rank. But if a company is consistently profitable, its financial strength will be stronger.

Profitability & Growth : 6/10

vs
industry
vs
history
Operating margin (%) 6.64
MDC's Operating margin (%) is ranked higher than
75% of the 510 Companies
in the Global Residential Construction industry.

( Industry Median: 5.14 vs. MDC: 6.64 )
MDC' s 10-Year Operating margin (%) Range
Min: -27.41   Max: 16.53
Current: 6.64

-27.41
16.53
Net-margin (%) 3.77
MDC's Net-margin (%) is ranked higher than
68% of the 510 Companies
in the Global Residential Construction industry.

( Industry Median: 3.68 vs. MDC: 3.77 )
MDC' s 10-Year Net-margin (%) Range
Min: -26.1   Max: 18.71
Current: 3.77

-26.1
18.71
ROE (%) 5.18
MDC's ROE (%) is ranked higher than
67% of the 506 Companies
in the Global Residential Construction industry.

( Industry Median: 5.90 vs. MDC: 5.18 )
MDC' s 10-Year ROE (%) Range
Min: -35.02   Max: 32.13
Current: 5.18

-35.02
32.13
ROA (%) 2.49
MDC's ROA (%) is ranked higher than
66% of the 512 Companies
in the Global Residential Construction industry.

( Industry Median: 2.87 vs. MDC: 2.49 )
MDC' s 10-Year ROA (%) Range
Min: -18.4   Max: 16.44
Current: 2.49

-18.4
16.44
ROC (Joel Greenblatt) (%) 7.75
MDC's ROC (Joel Greenblatt) (%) is ranked higher than
67% of the 510 Companies
in the Global Residential Construction industry.

( Industry Median: 8.89 vs. MDC: 7.75 )
MDC' s 10-Year ROC (Joel Greenblatt) (%) Range
Min: -39.67   Max: 39.86
Current: 7.75

-39.67
39.86
Revenue Growth (3Y)(%) 25.70
MDC's Revenue Growth (3Y)(%) is ranked higher than
94% of the 398 Companies
in the Global Residential Construction industry.

( Industry Median: 5.20 vs. MDC: 25.70 )
MDC' s 10-Year Revenue Growth (3Y)(%) Range
Min: -43.2   Max: 26
Current: 25.7

-43.2
26
» MDC's 10-Y Financials

Financials


Revenue & Net Income
Cash & Debt
Oprt. Cash Flow & Free Cash Flow

» Details

Guru Trades

Q1 2014

MDC Guru Trades in Q1 2014

David Dreman 1,367 sh (New)
Charles Brandes 37,565 sh (+48.71%)
Chuck Royce 620,850 sh (+19.89%)
John Buckingham 204,656 sh (+1.73%)
Paul Tudor Jones 13,300 sh (-1.48%)
» More
Q2 2014

MDC Guru Trades in Q2 2014

Chuck Royce 722,350 sh (+16.35%)
John Buckingham 207,236 sh (+1.26%)
David Dreman Sold Out
Charles Brandes 36,735 sh (-2.21%)
Paul Tudor Jones 6,900 sh (-48.12%)
» More
Q3 2014

MDC Guru Trades in Q3 2014

Charles Brandes 229,960 sh (+526%)
Paul Tudor Jones 10,400 sh (+50.72%)
John Buckingham 206,366 sh (-0.42%)
Chuck Royce 688,350 sh (-4.71%)
» More
Q4 2014

MDC Guru Trades in Q4 2014

Charles Brandes 760,804 sh (+230.84%)
Paul Tudor Jones 14,900 sh (+43.27%)
John Buckingham 214,192 sh (+3.79%)
Chuck Royce 711,150 sh (+3.31%)
» More
» Details

Insider Trades

Latest Guru Trades with MDC

(List those with share number changes of more than 20%, or impact to portfolio more than 0.1%)

GuruDate Trades Impact to Portfolio Price Range * (?) Current Price Change from Average Current Shares
Charles Brandes 2014-12-31 Add 230.84%0.2%$23.71 - $26.66 $ 26.424%760804
Charles Brandes 2014-09-30 Add 526%0.06%$25.9 - $30.14 $ 26.42-6%229960
David Dreman 2014-06-30 Sold Out $27.37 - $30.2 $ 26.42-8%0
Charles Brandes 2014-03-31 Add 48.71%$27.4 - $32.24 $ 26.42-11%37565
David Dreman 2014-03-31 New Buy$27.4 - $32.24 $ 26.42-12%1367
Charles Brandes 2013-12-31 Add 77.08%$27.81 - $32.2 $ 26.42-10%25260
John Keeley 2013-09-30 Sold Out 0.39%$27.12 - $34 $ 26.42-14%0
Charles Brandes 2013-09-30 New Buy$27.12 - $34 $ 26.42-14%14265
Arnold Van Den Berg 2013-06-30 Sold Out 0.51%$31.56 - $39.71 $ 26.42-27%0
John Keeley 2013-06-30 New Buy0.39%$31.56 - $39.71 $ 26.42-27%602000
Arnold Van Den Berg 2012-09-30 Reduce -89.98%4.14%$30.8 - $40.16 $ 26.42-22%150000
Charles Brandes 2012-09-30 Sold Out 0.02%$30.8 - $40.16 $ 26.42-22%0
Charles Brandes 2012-06-30 Reduce -63.42%0.03%$23.72 - $32.54 $ 26.42-3%67803
Third Avenue Management 2012-06-30 Sold Out 0.01%$23.72 - $32.54 $ 26.42-3%0
Third Avenue Management 2012-03-31 Reduce -51.95%0.01%$17.77 - $26.92 $ 26.4220%12210
Third Avenue Management 2011-12-31 Reduce -89.25%0.09%$15.39 - $23.09 $ 26.4242%25411
Charles Brandes 2011-12-31 Add 39.94%0.01%$15.39 - $23.09 $ 26.4242%185685
Premium More recent guru trades are included for Premium Members only!!
Premium More recent guru trades are included for USA Subscribe Members only!!
» Interactive Charts

Peter Lynch Chart ( What is Peter Lynch Charts )

Ratios

vs
industry
vs
history
P/E(ttm) 20.60
MDC's P/E(ttm) is ranked higher than
71% of the 544 Companies
in the Global Residential Construction industry.

( Industry Median: 22.90 vs. MDC: 20.60 )
MDC' s 10-Year P/E(ttm) Range
Min: 3.99   Max: 150.44
Current: 20.6

3.99
150.44
Forward P/E 11.36
MDC's Forward P/E is ranked higher than
86% of the 544 Companies
in the Global Residential Construction industry.

( Industry Median: 0.00 vs. MDC: 11.36 )
N/A
PE(NRI) 20.50
MDC's PE(NRI) is ranked higher than
72% of the 544 Companies
in the Global Residential Construction industry.

( Industry Median: 23.50 vs. MDC: 20.50 )
MDC' s 10-Year PE(NRI) Range
Min: 3.99   Max: 140.07
Current: 20.5

3.99
140.07
P/B 1.05
MDC's P/B is ranked higher than
69% of the 544 Companies
in the Global Residential Construction industry.

( Industry Median: 1.37 vs. MDC: 1.05 )
MDC' s 10-Year P/B Range
Min: 0.84   Max: 2.41
Current: 1.05

0.84
2.41
P/S 0.76
MDC's P/S is ranked higher than
69% of the 544 Companies
in the Global Residential Construction industry.

( Industry Median: 0.88 vs. MDC: 0.76 )
MDC' s 10-Year P/S Range
Min: 0.36   Max: 2.11
Current: 0.76

0.36
2.11
EV-to-EBIT 16.15
MDC's EV-to-EBIT is ranked higher than
73% of the 544 Companies
in the Global Residential Construction industry.

( Industry Median: 21.30 vs. MDC: 16.15 )
MDC' s 10-Year EV-to-EBIT Range
Min: -811   Max: 137.9
Current: 16.15

-811
137.9
Shiller P/E 28.27
MDC's Shiller P/E is ranked higher than
81% of the 544 Companies
in the Global Residential Construction industry.

( Industry Median: 0.00 vs. MDC: 28.27 )
MDC' s 10-Year Shiller P/E Range
Min: 6.15   Max: 1507
Current: 28.27

6.15
1507
Current Ratio 7.08
MDC's Current Ratio is ranked higher than
95% of the 495 Companies
in the Global Residential Construction industry.

( Industry Median: 1.94 vs. MDC: 7.08 )
MDC' s 10-Year Current Ratio Range
Min: 2.38   Max: 7.76
Current: 7.08

2.38
7.76
Quick Ratio 1.20
MDC's Quick Ratio is ranked higher than
69% of the 495 Companies
in the Global Residential Construction industry.

( Industry Median: 0.99 vs. MDC: 1.20 )
MDC' s 10-Year Quick Ratio Range
Min: 0.17   Max: 5.06
Current: 1.2

0.17
5.06
Days Inventory 425.19
MDC's Days Inventory is ranked lower than
60% of the 544 Companies
in the Global Residential Construction industry.

( Industry Median: 111.92 vs. MDC: 425.19 )
MDC' s 10-Year Days Inventory Range
Min: 152.84   Max: 410.26
Current: 425.19

152.84
410.26
Days Sales Outstanding 6.23
MDC's Days Sales Outstanding is ranked higher than
95% of the 544 Companies
in the Global Residential Construction industry.

( Industry Median: 55.49 vs. MDC: 6.23 )
MDC' s 10-Year Days Sales Outstanding Range
Min: 0.45   Max: 18.21
Current: 6.23

0.45
18.21

Dividend & Buy Back

vs
industry
vs
history
Dividend Yield 3.79
MDC's Dividend Yield is ranked higher than
75% of the 329 Companies
in the Global Residential Construction industry.

( Industry Median: 2.10 vs. MDC: 3.79 )
MDC' s 10-Year Dividend Yield Range
Min: 0.53   Max: 6.04
Current: 3.79

0.53
6.04
Dividend Payout 0.78
MDC's Dividend Payout is ranked higher than
68% of the 544 Companies
in the Global Residential Construction industry.

( Industry Median: 16.52 vs. MDC: 0.78 )
MDC' s 10-Year Dividend Payout Range
Min: 0.04   Max: 1.92
Current: 0.78

0.04
1.92
Yield on cost (5-Year) 3.70
MDC's Yield on cost (5-Year) is ranked higher than
67% of the 340 Companies
in the Global Residential Construction industry.

( Industry Median: 2.42 vs. MDC: 3.70 )
MDC' s 10-Year Yield on cost (5-Year) Range
Min: 0.53   Max: 6.04
Current: 3.7

0.53
6.04
Share Buyback Rate -1.40
MDC's Share Buyback Rate is ranked higher than
63% of the 284 Companies
in the Global Residential Construction industry.

( Industry Median: -0.80 vs. MDC: -1.40 )
MDC' s 10-Year Share Buyback Rate Range
Min: 1.9   Max: -3.3
Current: -1.4

Valuation & Return

vs
industry
vs
history
Price/Net Current Asset Value 36.69
MDC's Price/Net Current Asset Value is ranked higher than
84% of the 544 Companies
in the Global Residential Construction industry.

( Industry Median: 0.00 vs. MDC: 36.69 )
MDC' s 10-Year Price/Net Current Asset Value Range
Min: 2.89   Max: 43.92
Current: 36.69

2.89
43.92
Price/Tangible Book 1.05
MDC's Price/Tangible Book is ranked higher than
71% of the 544 Companies
in the Global Residential Construction industry.

( Industry Median: 1.51 vs. MDC: 1.05 )
MDC' s 10-Year Price/Tangible Book Range
Min: 0.83   Max: 2.03
Current: 1.05

0.83
2.03
Price/Median PS Value 0.89
MDC's Price/Median PS Value is ranked higher than
85% of the 544 Companies
in the Global Residential Construction industry.

( Industry Median: 1.27 vs. MDC: 0.89 )
MDC' s 10-Year Price/Median PS Value Range
Min: 0.22   Max: 1.88
Current: 0.89

0.22
1.88
Price/Graham Number 0.98
MDC's Price/Graham Number is ranked higher than
76% of the 544 Companies
in the Global Residential Construction industry.

( Industry Median: 1.39 vs. MDC: 0.98 )
MDC' s 10-Year Price/Graham Number Range
Min: 0.4   Max: 1.89
Current: 0.98

0.4
1.89
Earnings Yield (Greenblatt) 6.20
MDC's Earnings Yield (Greenblatt) is ranked higher than
71% of the 506 Companies
in the Global Residential Construction industry.

( Industry Median: 5.00 vs. MDC: 6.20 )
MDC' s 10-Year Earnings Yield (Greenblatt) Range
Min: 0.7   Max: 25.9
Current: 6.2

0.7
25.9
Forward Rate of Return (Yacktman) 2.98
MDC's Forward Rate of Return (Yacktman) is ranked higher than
66% of the 274 Companies
in the Global Residential Construction industry.

( Industry Median: 7.44 vs. MDC: 2.98 )
MDC' s 10-Year Forward Rate of Return (Yacktman) Range
Min: -16.1   Max: 36.8
Current: 2.98

-16.1
36.8

Business Description

Industry: Homebuilding & Construction » Residential Construction
Compare:TOL, DWAHY, DITFY, MTH, PHM » details
Traded in other countries:MDH.Germany,
M D C Holdings Inc was incorporated on May 17, 1985. The Company operates in two primary operations, homebuilding and financial services. Its homebuilding segments have operations in Arizona, California, Colorado, Florida, Maryland, (which includes Maryland, Pennsylvania, Delaware and New Jersey), Nevada, Utah, Virginia and Washington. The primary functions of its homebuilding segments include land acquisition and development, home construction, purchasing, marketing, merchandising, sales and customer service. The Company builds and sell primarily single-family detached homes, which are designed and built to meet local customer preferences. The Company is a general contractor for all of its projects and retain subcontractors for site development and home construction. The Company's financial service operations consist of HomeAmerican Mortgage Corporation, which originates mortgage loans, primarily for its homebuyers, American Home Insurance Agency, Inc., which offers third-party insurance products to its homebuyers, and American Home Title and Escrow Company, which provides title agency services to the Company and its homebuyers in Colorado, Florida, Maryland, Nevada and Virginia. The financial services operations also include Allegiant Insurance Company, Inc., A Risk Retention Group, which provides insurance coverage primarily to its home building subsidiaries and certain subcontractors for homes sold by its home building subsidiaries and for work performed in completing subdivisions, and Star American Insurance Ltd., a wholly owned subsidiary of MDC which is a re-insurer of Allegiant claims. The Company is a general contractor for all of its projects and retains subcontractors for land development and home construction. The financial services of the Company include subsidiary businesses which mainly provide mortgage financing, title insurance and homeowner insurance for its homebuyers. In its homebuilding segments, its functions include land acquisition and development, home construction, purchasing, sales and marketing, and customer service. Generally, it builds single-family detached homes in a number of standardized series, designed to provide variety in the size and style of homes for its potential home buyers. Within each series, it builds several different floor plans offering standard and optional features. HomeAmerican is a full-service mortgage lender and the principal originator of mortgage loans for its homebuyers. HomeAmerican competes with other mortgage bankers to arrange financing for its homebuyers. The Companys business is subject to numerous federal, local and state laws and regulations concerning land development, construction of homes, sales, mortgage lending, environmental and other aspects of its business.
» More Articles for MDC

Headlines

Articles On GuruFocus.com
Is MDC Holdings a Good Buy Despite Weak Results? Feb 24 2015 
Why Investors Should Consider This Housing Player for the Long Run Feb 11 2015 
MDC Holdings Looks Like a Good Investment Despite Margin Concerns Jan 15 2015 
Sector Watch - Home Building: Gurus Active Dec 10 2013 
Sector Watch: Homebuilding and Construction, Gurus Active on 52-Week Lows Aug 30 2013 
Housing Shares Spike - Homebuilding Stocks on a 52-week Low Jul 30 2013 
Rise in US Housing Construction Affects Homebuilding Stocks Oct 17 2012 
John Buckingham's Value Plays for the Housing Rebound Jul 11 2012 
4 Stocks To Buy, 1 To Avoid In 2012 Feb 18 2012 
Third Avenue Value Fund is selling these stocks - The outlook changed Jan 23 2012 

More From Other Websites
M.D.C. Holdings Announces Community Grand Opening In Winter Garden Feb 26 2015
M.D.C. Holdings Announces Community Grand Opening In Winter Garden Feb 26 2015
M.D.C. Holdings Announces New Communities in the Baltimore Area Feb 19 2015
M.D.C. Holdings Announces 2014 Fourth Quarter Results Feb 11 2015
M.D.C. Holdings Announces Five Community Grand Openings In Las Vegas Feb 10 2015
MDC HOLDINGS INC Financials Feb 04 2015
10-K for M.D.C. Holdings, Inc. Jan 30 2015
Lemonis: SHAK & MCD's 'core' issue Jan 30 2015
M.D.C Holdings ends 2014 with income down, revenue up Jan 29 2015
MDC HOLDINGS INC Files SEC form 8-K, Change in Directors or Principal Officers Jan 29 2015
Q4 2014 MDC Holdings Inc Earnings Release - Before Market Open Jan 28 2015
M.D.C. Holdings misses 4Q profit forecasts Jan 28 2015
M.D.C. Holdings misses 4Q profit forecasts Jan 28 2015
MDC HOLDINGS INC Files SEC form 8-K, Results of Operations and Financial Condition, Financial... Jan 28 2015
M.D.C. Holdings Announces 2014 Fourth Quarter Results Jan 28 2015
M.D.C. Holdings Declares Quarterly Cash Dividend Jan 26 2015
D.R. Horton Leads Busy Earnings Week For Builders Jan 24 2015
KB Home Drops to 52-Week Low on Dismal Q4 Earnings - Analyst Blog Jan 22 2015
Ryland (RYL) Unveils Model Home at Marketplace Commons - Analyst Blog Jan 21 2015
Weakness Seen in KB Home (KBH) Estimates: Should You Stay Away? - Tale of the Tape Jan 20 2015

Personalized Checklist

Checklist has been moved to "Checklist" tab.

Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
Free 7-day Trial
FEEDBACK