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39.06 (1y: +31%)
Market Cap 1.94 B P/E(ttm) 23.10
Enterprise Value 2.09 B P/B 2.16
MDC- NYSE (USA)
M.D.C. Holdings, Inc.
  • Currently 1/5
Business Predictability Rank: 1-Star
Back Testing Results:
Average gain of all 1-Star stocks: 1.1% per year.
% of Stocks that are in still loss if held for 10yrs: 45%.
Read more:
What is Predictability Rank?
Performances of real portfolio
Top Ranked Predictable Companies
$39.06
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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 : 7/10

vs
industry		 vs
history
Cash to Debt 0.871
MDC's Cash to Debt is ranked lower than
58% of the 326 Companies
in the Global Residential Construction industry.

( Industry Median: 1.58 vs. MDC: 0.871 )
MDC' s 10-Year Cash to Debt Range
Min: 0.04   Max: 1.52
Current: 0.87
0.04
1.52
Equity to Asset 0.453
MDC's Equity to Asset is ranked lower than
63% of the 326 Companies
in the Global Residential Construction industry.

( Industry Median: 0.55 vs. MDC: 0.453 )
MDC' s 10-Year Equity to Asset Range
Min: 0.39   Max: 0.55
Current: 0.45
0.39
0.55
Interest Coverage No Debt
MDC's Interest Coverage is ranked higher than
78% of the 326 Companies
in the Global Residential Construction industry.

( Industry Median: 8.30 vs. MDC: No Debt )
MDC' s 10-Year Interest Coverage Range
Min: No Debt   Max: No Debt
Current: No Debt
F-Score: 4
Z-Score: 2.65
M-Score: -2.39
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 : 5/10

vs
industry		 vs
history
Operating margin (%) 2.80
MDC's Operating margin (%) is ranked lower than
54% of the 326 Companies
in the Global Residential Construction industry.

( Industry Median: 3.60 vs. MDC: 2.80 )
MDC' s 10-Year Operating margin (%) Range
Min: -9.3   Max: 16.6
Current: 2.8
-9.3
16.6
Net-margin (%) 5.4
MDC's Net-margin (%) is ranked higher than
71% of the 326 Companies
in the Global Residential Construction industry.

( Industry Median: 2.40 vs. MDC: 5.4 )
MDC' s 10-Year Net-margin (%) Range
Min: -26.1   Max: 10.4
Current: 5.4
-26.1
10.4
ROE (%) 7.1
MDC's ROE (%) is ranked higher than
70% of the 326 Companies
in the Global Residential Construction industry.

( Industry Median: 3.20 vs. MDC: 7.1 )
MDC' s 10-Year ROE (%) Range
Min: -43.2   Max: 27.6
Current: 7.1
-43.2
27.6
ROA (%) 3.2
MDC's ROA (%) is ranked higher than
63% of the 326 Companies
in the Global Residential Construction industry.

( Industry Median: 1.90 vs. MDC: 3.2 )
MDC' s 10-Year ROA (%) Range
Min: -21.5   Max: 14
Current: 3.2
-21.5
14
ROC (Joel Greenblatt) (%) 4.10
MDC's ROC (Joel Greenblatt) (%) is ranked lower than
52% of the 326 Companies
in the Global Residential Construction industry.

( Industry Median: 4.70 vs. MDC: 4.10 )
MDC' s 10-Year ROC (Joel Greenblatt) (%) Range
Min: -17.7   Max: 34.9
Current: 4.1
-17.7
34.9
Revenue Growth (%) 5.9
MDC's Revenue Growth (%) is ranked higher than
76% of the 326 Companies
in the Global Residential Construction industry.

( Industry Median: 0.00 vs. MDC: 5.9 )
MDC' s 10-Year Revenue Growth (%) Range
Min: -34.6   Max: 18.9
Current: 5.9
-34.6
18.9
EPS Growth (%) 25.3
MDC's EPS Growth (%) is ranked higher than
94% of the 326 Companies
in the Global Residential Construction industry.

( Industry Median: 0.00 vs. MDC: 25.3 )
MDC' s 10-Year EPS Growth (%) Range
Min: -43.7   Max: 30.1
Current: 25.3
-43.7
30.1
» MDC's 10-Y Financials

Financials


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

» Details

Guru Trades
Q2 2012

MDC Guru Trades in Q2 2012

Jim Simons 28,600 sh (New)
Third Avenue Management Sold Out
Steven Cohen Sold Out
Arnold Van Den Berg 1,497,645 sh (-1.27%)
John Buckingham 246,686 sh (-2.18%)
Chuck Royce 605,050 sh (-8.88%)
Charles Brandes 67,803 sh (-63.42%)
» More
Q3 2012

MDC Guru Trades in Q3 2012

Steven Cohen 604,179 sh (New)
Charles Brandes Sold Out
John Buckingham 190,148 sh (-22.92%)
Chuck Royce 321,550 sh (-46.86%)
Jim Simons 7,166 sh (-74.94%)
Arnold Van Den Berg 150,000 sh (-89.98%)
» More
Q4 2012

MDC Guru Trades in Q4 2012

Jim Simons 268,666 sh (+3649.18%)
Steven Cohen Sold Out
John Buckingham 185,712 sh (-2.33%)
Arnold Van Den Berg 145,319 sh (-3.12%)
Chuck Royce 198,700 sh (-38.21%)
» More
Q1 2013

MDC Guru Trades in Q1 2013

Paul Tudor Jones 15,200 sh (New)
Steven Cohen 12,455 sh (New)
Jim Simons 611,753 sh (+127.7%)
John Buckingham 181,389 sh (-2.33%)
Arnold Van Den Berg 141,274 sh (-2.78%)
Chuck Royce 188,350 sh (-5.21%)
» More
» Details

Insider Trades

Latest Guru Trades with MDC

GuruDate Trades Impact to Portfolio Price Range * (?) Current Price Change from Average Current Shares
Arnold Van Den Berg 2012-09-30 Reduce -89.98%4.14%$30.8 - $40.16 $ 39.0615%150000
Charles Brandes 2012-09-30 Sold Out 0.02%$30.8 - $40.16 $ 39.0615%0
Charles Brandes 2012-06-30 Reduce -63.42%0.03%$23.72 - $32.54 $ 39.0644%67803
Charles Brandes 2011-12-31 Add 39.94%0.01%$15.39 - $23.09 $ 39.06110%185685
Arnold Van Den Berg 2011-09-30 Add 8.1%0.2%$16.09 - $26.11 $ 39.0693%1648446
Charles Brandes 2011-09-30 Add 613.2%0.02%$16.09 - $26.11 $ 39.0693%132690
Arnold Van Den Berg 2011-06-30 Add 60%1.33%$24.18 - $29.19 $ 39.0649%1524861
Charles Brandes 2011-06-30 Add 27%$24.18 - $29.19 $ 39.0649%18605
Arnold Van Den Berg 2010-09-30 Add 13.64%0.28%$25.91 - $30.25 $ 39.0640%935361
George Soros 2010-09-30 Sold Out 0.01%$25.91 - $30.25 $ 39.0640%0
Martin Whitman 2010-07-31 Sold Out 0.77%$26.46 - $38.91 $ 39.0631%0
Arnold Van Den Berg 2010-06-30 Add 17%0.29%$26.8 - $38.94 $ 39.0621%823111
Charles Brandes 2010-06-30 Add 61.38%$26.8 - $38.94 $ 39.0621%16695
George Soros 2010-06-30 Reduce -41.15%$26.8 - $38.94 $ 39.0621%11300
George Soros 2010-03-31 New Buy0.01%$31.04 - $36.42 $ 39.0613%19200
Premium More recent guru trades are included for Premium Members only!!

Ratios

vs
industry		 vs
history
P/E(ttm) 22.80
MDC's P/E(ttm) is ranked lower than
60% of the 229 Companies
in the Global Residential Construction industry.

( Industry Median: 18.00 vs. MDC: 22.80 )
MDC' s 10-Year P/E(ttm) Range
Min: 3.42   Max: 150.44
Current: 22.8
3.42
150.44
P/B 2.10
MDC's P/B is ranked lower than
79% of the 319 Companies
in the Global Residential Construction industry.

( Industry Median: 1.01 vs. MDC: 2.10 )
MDC' s 10-Year P/B Range
Min: 0.83   Max: 2.56
Current: 2.1
0.83
2.56
P/S 1.45
MDC's P/S is ranked lower than
70% of the 326 Companies
in the Global Residential Construction industry.

( Industry Median: 0.70 vs. MDC: 1.45 )
MDC' s 10-Year P/S Range
Min: 0.2   Max: 2.11
Current: 1.45
0.2
2.11
EV-to-EBIT 55.6
MDC's EV-to-EBIT is ranked lower than
89% of the 227 Companies
in the Global Residential Construction industry.

( Industry Median: 15.13 vs. MDC: 55.6 )
MDC' s 10-Year EV-to-EBIT Range
Min: 3.5   Max: 96.2
Current: 55.6
3.5
96.2
Shiller P/E 141.9
MDC's Shiller P/E is ranked lower than
100% of the Companies
in the Global Residential Construction industry.

( Industry Median: vs. MDC: 141.9 )
MDC' s 10-Year Shiller P/E Range
Min: 6.12   Max: 226.38
Current: 141.9
6.12
226.38

Dividend & Buy Back

vs
industry		 vs
history
Dividend Yield 1.92
MDC's Dividend Yield is ranked higher than
68% of the 326 Companies
in the Global Residential Construction industry.

( Industry Median: 0.86 vs. MDC: 1.92 )
MDC' s 10-Year Dividend Yield Range
Min: 0.49   Max: 6.04
Current: 1.92
0.49
6.04
Dividend Payout 0.4381
MDC's Dividend Payout is ranked lower than
56% of the 156 Companies
in the Global Residential Construction industry.

( Industry Median: 0.37 vs. MDC: 0.4381 )
MDC' s 10-Year Dividend Payout Range
Min: 0.04   Max: 1.9
Current: 0.44
0.04
1.9
Yield on cost (5-Year) 1.90
MDC's Yield on cost (5-Year) is ranked higher than
68% of the 326 Companies
in the Global Residential Construction industry.

( Industry Median: 0.83 vs. MDC: 1.90 )
MDC' s 10-Year Yield on cost (5-Year) Range
Min: 0.49   Max: 6.04
Current: 1.9
0.49
6.04
Share Buyback Rate -0.6
MDC's Share Buyback Rate is ranked lower than
78% of the 326 Companies
in the Global Residential Construction industry.

( Industry Median: 0.00 vs. MDC: -0.6 )
MDC' s 10-Year Share Buyback Rate Range
Min: -0.1   Max: -1.5
Current: -0.6

Valuation & Return

vs
industry		 vs
history
Price/Net Current Asset Value 3.7
MDC's Price/Net Current Asset Value is ranked higher than
57% of the 282 Companies
in the Global Residential Construction industry.

( Industry Median: 4.40 vs. MDC: 3.7 )
MDC' s 10-Year Price/Net Current Asset Value Range
Min: 1.5   Max: 3.8
Current: 3.7
1.5
3.8
Price/Tangible Book 2.2
MDC's Price/Tangible Book is ranked lower than
78% of the 317 Companies
in the Global Residential Construction industry.

( Industry Median: 1.10 vs. MDC: 2.2 )
MDC' s 10-Year Price/Tangible Book Range
Min: 0.9   Max: 2.1
Current: 2.2
0.9
2.1
Price/DCF (Projected) 1.1
MDC's Price/DCF (Projected) is ranked higher than
55% of the 87 Companies
in the Global Residential Construction industry.

( Industry Median: 1.40 vs. MDC: 1.1 )
MDC' s 10-Year Price/DCF (Projected) Range
Min: 0.3   Max: 22.9
Current: 1.1
0.3
22.9
Price/Median PS Value 2.1
MDC's Price/Median PS Value is ranked lower than
85% of the 309 Companies
in the Global Residential Construction industry.

( Industry Median: 1.20 vs. MDC: 2.1 )
MDC' s 10-Year Price/Median PS Value Range
Min: 0.6   Max: 2.4
Current: 2.1
0.6
2.4
Price/Graham Number 1.7
MDC's Price/Graham Number is ranked lower than
75% of the 236 Companies
in the Global Residential Construction industry.

( Industry Median: 1.00 vs. MDC: 1.7 )
MDC' s 10-Year Price/Graham Number Range
Min: 0.6   Max: 1.9
Current: 1.7
0.6
1.9
Earnings Yield (Greenblatt) 1.80
MDC's Earnings Yield (Greenblatt) is ranked lower than
65% of the 326 Companies
in the Global Residential Construction industry.

( Industry Median: 4.50 vs. MDC: 1.80 )
MDC' s 10-Year Earnings Yield (Greenblatt) Range
Min: 1   Max: 28.5
Current: 1.8
1
28.5
Forward Rate of Return (Yacktman) 6.59
MDC's Forward Rate of Return (Yacktman) is ranked higher than
86% of the 326 Companies
in the Global Residential Construction industry.

( Industry Median: 0.00 vs. MDC: 6.59 )
MDC' s 10-Year Forward Rate of Return (Yacktman) Range
Min: -4.7   Max: 29.7
Current: 6.59
-4.7
29.7

Business Description

M.D.C. Holdings, Inc. a Delaware Corporation originally incorporated in Colorado in 1972. The Company operates in the field of homebuilding and financial services. Its homebuilding operations consist of wholly-owned subsidiary companies that generally purchase finished lots for the construction and sale of single-family detached homes to first-time and first-time move-up homebuyers under the name 'Richmond American Homes.' The homebuilding operations are comprised of many homebuilding subdivisions that it considers to be its operating segments. The Financial Services and other segment consists of HomeAmerican Mortgage Corporation, which originates mortgage loans mainly 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, Virginia and West Virginia. The Company builds and sells mainly single-family detached homes that are designed and built to meet local customer preferences. 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 main 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 homebuyers. 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. To communicate its Richmond American Homes brand and sales promotions, it has a centralized in-house advertising and marketing department that controls and monitors the communication of the Company's brand and promotion efforts. The Company's 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.
Company Website
SEC Reports
Industry: Residential Construction
Compare:TOL, DWAHY, DITFY, MTH, PHM
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