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36.01 (1y: +33%)
Market Cap 5.96 B P/E(ttm) 12.60
Enterprise Value 7.45 B P/B 2.00
TOL- NYSE (USA)
Toll Brothers 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
$36.01
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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 : 5/10

vs
industry		 vs
history
Cash to Debt 0.27
TOL's Cash to Debt is ranked lower than
53% of the 258 Companies
in the Global Residential Construction industry.

( Industry Median: 2.14 vs. TOL: 0.27 )
TOL' s 10-Year Cash to Debt Range
Min: 0.09   Max: 0.89
Current: 0.27
0.09
0.89
Equity to Asset 0.505
TOL's Equity to Asset is ranked higher than
52% of the 258 Companies
in the Global Residential Construction industry.

( Industry Median: 0.49 vs. TOL: 0.505 )
TOL' s 10-Year Equity to Asset Range
Min: 0.36   Max: 0.51
Current: 0.51
0.36
0.51
F-Score: 4
Z-Score: 3.1
M-Score: -1.26
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 (%) 3.40
TOL's Operating margin (%) is ranked higher than
80% of the 258 Companies
in the Global Residential Construction industry.

( Industry Median: 3.60 vs. TOL: 3.40 )
TOL' s 10-Year Operating margin (%) Range
Min: -29.5   Max: 21.7
Current: 3.4
-29.5
21.7
Net-margin (%) 25.9
TOL's Net-margin (%) is ranked higher than
98% of the 258 Companies
in the Global Residential Construction industry.

( Industry Median: 2.10 vs. TOL: 25.9 )
TOL' s 10-Year Net-margin (%) Range
Min: -43.1   Max: 25.9
Current: 25.9
-43.1
25.9
ROE (%) 15.6
TOL's ROE (%) is ranked higher than
98% of the 258 Companies
in the Global Residential Construction industry.

( Industry Median: 4.00 vs. TOL: 15.6 )
TOL' s 10-Year ROE (%) Range
Min: -30.1   Max: 29.2
Current: 15.6
-30.1
29.2
ROA (%) 7.9
TOL's ROA (%) is ranked higher than
99% of the 258 Companies
in the Global Residential Construction industry.

( Industry Median: 1.60 vs. TOL: 7.9 )
TOL' s 10-Year ROA (%) Range
Min: -13.4   Max: 12.7
Current: 7.9
-13.4
12.7
ROC (Joel Greenblatt) (%) 1.10
TOL's ROC (Joel Greenblatt) (%) is ranked higher than
63% of the 258 Companies
in the Global Residential Construction industry.

( Industry Median: 5.60 vs. TOL: 1.10 )
TOL' s 10-Year ROC (Joel Greenblatt) (%) Range
Min: -19.3   Max: 34.1
Current: 1.1
-19.3
34.1
Revenue Growth (%) 0.5
TOL's Revenue Growth (%) is ranked higher than
90% of the 258 Companies
in the Global Residential Construction industry.

( Industry Median: -2.10 vs. TOL: 0.5 )
TOL' s 10-Year Revenue Growth (%) Range
Min: -26.5   Max: 22.2
Current: 0.5
-26.5
22.2
» TOL's 10-Y Financials

Financials


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

» Details

Guru Trades
Q2 2012

TOL Guru Trades in Q2 2012

Ray Dalio 15,900 sh (New)
Ken Fisher 314,999 sh (New)
John Keeley 684,490 sh (+24.22%)
Mario Gabelli 23,000 sh (unchged)
Jim Simons Sold Out
Steven Cohen Sold Out
Charles Brandes 54,880 sh (-0.05%)
Arnold Schneider 710,956 sh (-0.84%)
Arnold Van Den Berg 1,512,056 sh (-1.16%)
Manning & Napier Advisors, Inc 784,112 sh (-4.42%)
Chuck Royce 732,100 sh (-14.63%)
Ken Heebner 640,000 sh (-20.99%)
» More
Q3 2012

TOL Guru Trades in Q3 2012

Steven Cohen 936,364 sh (New)
Ken Fisher 361,640 sh (+14.81%)
John Keeley 769,510 sh (+12.42%)
Mario Gabelli 23,000 sh (unchged)
Whitney Tilson 248,000 sh (unchged)
Charles Brandes Sold Out
Ken Heebner 630,000 sh (-1.56%)
Arnold Schneider 646,226 sh (-9.1%)
Manning & Napier Advisors, Inc 696,852 sh (-11.13%)
Ray Dalio 8,100 sh (-49.06%)
Chuck Royce 371,100 sh (-49.31%)
Arnold Van Den Berg 205,351 sh (-86.42%)
» More
Q4 2012

TOL Guru Trades in Q4 2012

Ron Baron 13,500 sh (New)
Bruce Kovner 201,225 sh (New)
Arnold Schneider 1,381,748 sh (+113.82%)
Ray Dalio 10,900 sh (+34.57%)
Ken Fisher 422,387 sh (+16.8%)
John Keeley 780,680 sh (+1.45%)
Ken Heebner 630,000 sh (unchged)
Manning & Napier Advisors, Inc 693,762 sh (-0.44%)
Arnold Van Den Berg 178,741 sh (-12.96%)
Mario Gabelli 20,000 sh (-13.04%)
Steven Cohen 607,600 sh (-35.11%)
Chuck Royce 231,600 sh (-37.59%)
» More
Q1 2013

TOL Guru Trades in Q1 2013

Louis Moore Bacon 50,000 sh (New)
Ron Baron 52,300 sh (+287.41%)
Bruce Kovner 500,000 sh (+148.48%)
Ken Fisher 433,262 sh (+2.57%)
Ken Heebner 630,000 sh (unchged)
Mario Gabelli 20,000 sh (unchged)
Chuck Royce Sold Out
Ray Dalio Sold Out
Arnold Van Den Berg 174,879 sh (-2.16%)
Arnold Schneider 1,348,670 sh (-2.39%)
Manning & Napier Advisors, Inc 594,312 sh (-14.33%)
John Keeley 174,290 sh (-77.67%)
Steven Cohen 84,074 sh (-86.16%)
» More
» Details

Insider Trades

Latest Guru Trades with TOL

GuruDate Trades Impact to Portfolio Price Range * (?) Current Price Change from Average Current Shares
John Keeley 2013-03-31 Reduce -77.67%0.43%$32.33 - $37.98 $ 36.012%174290
Ron Baron 2013-03-31 Add 287.41%0.01%$32.33 - $37.98 $ 36.012%52300
Ray Dalio 2013-03-31 Sold Out $32.33 - $37.98 $ 36.012%0
Ron Baron 2012-12-31 New Buy$29.73 - $35.25 $ 36.0111%13500
Ray Dalio 2012-12-31 Add 34.57%$29.73 - $35.25 $ 36.0111%10900
Arnold Van Den Berg 2012-09-30 Reduce -86.42%3.63%$28.9 - $36.43 $ 36.0114%205351
Charles Brandes 2012-09-30 Sold Out 0.02%$28.9 - $36.43 $ 36.0114%0
Ray Dalio 2012-09-30 Reduce -49.06%$28.9 - $36.43 $ 36.0114%8100
John Keeley 2012-06-30 Add 24.22%0.09%$22.44 - $28.8 $ 36.0142%684490
Ray Dalio 2012-06-30 New Buy0.01%$22.44 - $28.8 $ 36.0142%15900
Premium More recent guru trades are included for Premium Members only!!

Top Ranked Articles about Toll Brothers Inc

Guru Investors' Top Homebuilder Stocks as Housing Recovery Begins
March 20, 2013
Ken Heebner,John Keeley - Guru Investors' Top Homebuilder Stocks As Housing Recovery Begins
Data from the Department of Commerce released on Tuesday signaled a potential turnaround in the housing market. The department found that the number of building permits in February increased 4.6% from January and 33.8% from February of 2012, to a seasonably adjusted 946,000. Housing starts also increased 0.8% and 27.7% over the same periods to 917,000 – their highest levels since 2008. Read more...

Ratios

vs
industry		 vs
history
P/E(ttm) 12.60
TOL's P/E(ttm) is ranked higher than
87% of the 258 Companies
in the Global Residential Construction industry.

( Industry Median: 24.72 vs. TOL: 12.60 )
TOL' s 10-Year P/E(ttm) Range
Min: 4.6   Max: 128.33
Current: 12.6
4.6
128.33
P/B 2.00
TOL's P/B is ranked lower than
66% of the 258 Companies
in the Global Residential Construction industry.

( Industry Median: 1.22 vs. TOL: 2.00 )
TOL' s 10-Year P/B Range
Min: 0.72   Max: 4
Current: 2
0.72
4
P/S 3.10
TOL's P/S is ranked lower than
89% of the 258 Companies
in the Global Residential Construction industry.

( Industry Median: 0.65 vs. TOL: 3.10 )
TOL' s 10-Year P/S Range
Min: 0.4   Max: 3.65
Current: 3.1
0.4
3.65
EV-to-EBIT 90.9
TOL's EV-to-EBIT is ranked higher than
89% of the 258 Companies
in the Global Residential Construction industry.

( Industry Median: 17.56 vs. TOL: 90.9 )
TOL' s 10-Year EV-to-EBIT Range
Min: 4.8   Max: 953
Current: 90.9
4.8
953
Shiller P/E 288.8
TOL's Shiller P/E is ranked higher than
94% of the 258 Companies
in the Global Residential Construction industry.

( Industry Median: 24.05 vs. TOL: 288.8 )
TOL' s 10-Year Shiller P/E Range
Min: 6.41   Max: 709
Current: 288.8
6.41
709

Valuation & Return

vs
industry		 vs
history
Price/Net Current Asset Value 3
TOL's Price/Net Current Asset Value is ranked higher than
78% of the 258 Companies
in the Global Residential Construction industry.

( Industry Median: 3.45 vs. TOL: 3 )
TOL' s 10-Year Price/Net Current Asset Value Range
Min: 1   Max: 2.7
Current: 3
1
2.7
Price/Tangible Book 2
TOL's Price/Tangible Book is ranked higher than
79% of the 258 Companies
in the Global Residential Construction industry.

( Industry Median: 1.30 vs. TOL: 2 )
TOL' s 10-Year Price/Tangible Book Range
Min: 1.1   Max: 2.3
Current: 2
1.1
2.3
Price/DCF (Projected) 1.6
TOL's Price/DCF (Projected) is ranked higher than
90% of the 258 Companies
in the Global Residential Construction industry.

( Industry Median: 1.10 vs. TOL: 1.6 )
TOL' s 10-Year Price/DCF (Projected) Range
Min: 0.6   Max: 7.2
Current: 1.6
0.6
7.2
Price/Median PS Value 3.1
TOL's Price/Median PS Value is ranked higher than
99% of the 258 Companies
in the Global Residential Construction industry.

( Industry Median: 0.80 vs. TOL: 3.1 )
TOL' s 10-Year Price/Median PS Value Range
Min: 0.5   Max: 3
Current: 3.1
0.5
3
Price/Graham Number 1
TOL's Price/Graham Number is ranked higher than
68% of the 258 Companies
in the Global Residential Construction industry.

( Industry Median: 1.10 vs. TOL: 1 )
TOL' s 10-Year Price/Graham Number Range
Min: 0.6   Max: 2.2
Current: 1
0.6
2.2
Earnings Yield (Greenblatt) 1.10
TOL's Earnings Yield (Greenblatt) is ranked lower than
70% of the 258 Companies
in the Global Residential Construction industry.

( Industry Median: 4.00 vs. TOL: 1.10 )
TOL' s 10-Year Earnings Yield (Greenblatt) Range
Min: 0.1   Max: 20.7
Current: 1.1
0.1
20.7
Forward Rate of Return (Yacktman) 3.21
TOL's Forward Rate of Return (Yacktman) is ranked higher than
69% of the 258 Companies
in the Global Residential Construction industry.

( Industry Median: 4.68 vs. TOL: 3.21 )
TOL' s 10-Year Forward Rate of Return (Yacktman) Range
Min: 3.7   Max: 34.2
Current: 3.21
3.7
34.2

Business Description

Toll Brothers, Inc. is a Delaware corporation formed in May 1986. The Company designs, builds, markets and arranges financing for single-family detached and attached homes in luxury residential communities. It is also involved, directly and through joint ventures, in projects where it is building, or converting existing rental apartment buildings into, high, mid and low-rise luxury homes. It caters to move-up, empty-nester, active-adult, age-qualified and second-home buyers in 19 states of the United States. The Company's traditional, single-family communities are generally located on land it has either acquired and developed or acquired fully approved and, in some cases, improved. It operates its own land development, architectural, engineering, mortgage, title, landscaping, lumber distribution, house component assembly, and manufacturing operations. It also develops, owns and operates golf courses and country clubs associated with several of its master planned communities. The Company's communities are generally located in affluent suburban areas near major highways providing access to major cities. It is also operating in the affluent urban markets of Hoboken and Jersey City, New Jersey, New York City, New York and Philadelphia, Pennsylvania. In most of its single-family detached home communities, it offers at least four different house floor plans, each with several substantially different architectural styles. In addition, the exterior of each basic floor plan may be varied further by the use of stone, stucco, brick or siding. The Company competes with numerous home builders of varying sizes, ranging from local to national in scope. The Company is subject to various local, state and federal statutes, ordinances, rules and regulations concerning zoning, building design, construction and similar matters, including local regulations that impose restrictive zoning and density requirements in order to limit the number of homes that can eventually be built within the boundaries of a particular property or locality.
Company Website
SEC Reports
Industry: Residential Construction
Compare:MDC, DWAHY, DITFY, MTH, PHM
Traded in other countries:TLK.Germany
» More Articles for TOL

Headlines

Articles On GuruFocus.com
Guru Investors' Top Homebuilder Stocks as Data Signals Housing Turnaround Mar 20 2013 
Early Movers for Wednesday Feb. 20, 2013 Feb 20 2013 
John Keeley Annual Letter to Shareholders Dec 11 2012 
Rise in US Housing Construction Affects Homebuilding Stocks Oct 17 2012 
Arnold Van Den Berg’s Latest Sells as of 9/30/2012 Oct 09 2012 
Short-Sellers Bet Against Homebuilders Sep 27 2012 
Arnold Van Den Berg Buys ASTE, LAYN and LODE in Q1 Jul 06 2012 
Time to Buy Home Builders at First Hints of Optimism? Jan 06 2012 
GuruFocus Interview with Investor Arnold Van Den Berg; Comments on CSCO, MSFT, TOL, MDC, DELL Jun 02 2011 
Toll Brothers Inc. Reports Operating Results (10-Q) Mar 08 2011 

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