Taylor Morrison Home Corp
Taylor Morrison Home Corp operates in various business sectors.
Taylor Morrison Home Corp (THM) - Net Assets
Latest net assets as of June 2024: €5.53 Billion EUR
Based on the latest financial reports, Taylor Morrison Home Corp (THM) has net assets worth €5.53 Billion EUR as of June 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€9.10 Billion) and total liabilities (€3.57 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €5.53 Billion |
| % of Total Assets | 60.74% |
| Annual Growth Rate | 17.13% |
| 5-Year Change | 109.46% |
| 10-Year Change | N/A |
| Growth Volatility | 12.38 |
Taylor Morrison Home Corp - Net Assets Trend (2018–2023)
This chart illustrates how Taylor Morrison Home Corp's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Taylor Morrison Home Corp (2018–2023)
The table below shows the annual net assets of Taylor Morrison Home Corp from 2018 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | €5.33 Billion | +14.75% |
| 2022-12-31 | €4.65 Billion | +17.02% |
| 2021-12-31 | €3.97 Billion | +10.50% |
| 2020-12-31 | €3.59 Billion | +41.17% |
| 2019-12-31 | €2.55 Billion | +5.25% |
| 2018-12-31 | €2.42 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Taylor Morrison Home Corp's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 565.3% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €3.51 Billion | 66.05% |
| Other Components | €1.80 Billion | 33.95% |
| Total Equity | €5.31 Billion | 100.00% |
Taylor Morrison Home Corp Competitors by Market Cap
The table below lists competitors of Taylor Morrison Home Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
TYSON FOODS -A-
MU:TF7A
|
$509.68K |
|
SKECHERS USA-A
BE:SKAA
|
$509.70K |
|
Saferoads Holdings Ltd
AU:SRH
|
$510.00K |
|
Fidere Patrimonio SOCIMI SA
MC:YFID
|
$510.02K |
|
Sushiro Global Holdings Ltd
STU:2G0
|
$508.82K |
|
I Synergy Group Ltd
AU:IS3
|
$508.69K |
|
Rajdarshan Industries Limited
NSE:ARENTERP
|
$508.55K |
|
Lexston Mining Corporation
F:L75
|
$508.44K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Taylor Morrison Home Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 4,630,326,000 to 5,314,941,000, a change of 684,615,000 (14.8%).
- Net income of 768,929,000 contributed positively to equity growth.
- Share repurchases of 127,959,000 reduced equity.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €768.93 Million | +14.47% |
| Share Repurchases | €127.96 Million | -2.41% |
| Other Changes | €43.65 Million | +0.82% |
| Total Change | €- | 14.79% |
Book Value vs Market Value Analysis
This analysis compares Taylor Morrison Home Corp's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 1.02x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 2.36x to 1.02x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2018-12-31 | €21.38 | €50.50 | x |
| 2019-12-31 | €24.05 | €50.50 | x |
| 2020-12-31 | €27.07 | €50.50 | x |
| 2021-12-31 | €32.22 | €50.50 | x |
| 2022-12-31 | €42.88 | €50.50 | x |
| 2023-12-31 | €49.71 | €50.50 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Taylor Morrison Home Corp utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 14.47%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 10.37%
- • Asset Turnover: 0.86x
- • Equity Multiplier: 1.63x
- Recent ROE (14.47%) is above the historical average (12.62%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2018 | 8.54% | 4.88% | 0.80x | 2.18x | €-35.16 Million |
| 2019 | 6.12% | 2.86% | 1.04x | 2.06x | €-98.66 Million |
| 2020 | 6.95% | 3.97% | 0.79x | 2.21x | €-107.02 Million |
| 2021 | 16.89% | 8.84% | 0.86x | 2.22x | €270.44 Million |
| 2022 | 22.74% | 12.80% | 0.97x | 1.83x | €589.77 Million |
| 2023 | 14.47% | 10.37% | 0.86x | 1.63x | €237.43 Million |
Industry Comparison
This section compares Taylor Morrison Home Corp's net assets metrics with peer companies in the same industry.
No peer company data available for comparison.