Beazer Homes USA sees 172% five-year ROCE increase
2023.11.18 09:37
© Reuters.
NEW YORK – Beazer Homes USA, Inc. (NYSE: NYSE:), a prominent American home construction company, has reported a significant improvement in its Return on Capital Employed (ROCE), indicating enhanced efficiency in its operations. The company’s ROCE has reached 11%, derived from an Earnings Before Interest and Taxes (EBIT) of $228 million. This performance comes against a backdrop of stable capital, with total assets minus current liabilities reported at $2.3 billion minus $203 million.
The current ROCE represents a substantial increase of 172% over the past five years, demonstrating the company’s successful efforts to improve its operational efficiency. This increase is notable even though it falls below the Consumer Durables industry average. During this period, investors have enjoyed robust returns, witnessing a 158% return on their investments.
The future trends and potential for sustained growth for Beazer Homes are contingent upon analyst forecasts and prevailing market conditions. The company’s progress and strategic initiatives will be closely monitored by investors and market analysts alike, as they evaluate the prospects of the housing sector and individual players within the industry.
InvestingPro Insights
The InvestingPro real-time data and tips provide a comprehensive overview of Beazer Homes USA, Inc. (NYSE: BZH). With a market cap of 826.22M USD and a low P/E ratio of 5.27, the company is trading at a low earnings multiple, which could be an attractive entry point for investors, as per InvestingPro Tip 2.
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