Industry ยท Oct 2026
Residential Construction stocks ranked by gap to the model's fair value
Faircurve's model values 15 residential construction stocks. 11 of them are ranked below by the gap between the model's fair value and the last close, as of 31 Oct 2026: 1 read as Undervalued, 9 as Fairly valued and 1 as Overvalued. The median gap across the ranked names is -0.2%. The widest gaps above the price are SKY (+16.9%), TOL (+11.3%), MHO (+6.9%). The widest below it are MTH (-17.1%), LEN (-14.7%), CVCO (-13.1%).
Valuations as of . Prices are the closes of 3 Nov 2026. The gap is the model's fair value against the price: a positive gap means the fair value is above the price. It states what the model concluded, not where the price goes next.
The ranking
| Rank | Company | Last close | Model fair value | Gap | Model verdict | Quality score | Market value |
|---|---|---|---|---|---|---|---|
| 1 | SKY Champion Homes, Inc. | $86.37 | $100.95 | +16.9% | Undervalued | 77 | $4.6B |
| 2 | TOL Toll Brothers, Inc. | $149.24 | $166.08 | +11.3% | Fairly valued | 46 | $13.4B |
| 3 | MHO M/I Homes, Inc. | $128.84 | $137.77 | +6.9% | Fairly valued | 42 | $3.2B |
| 4 | NVR NVR, Inc. | $6,024.72 | $6,347.69 | +5.4% | Fairly valued | 67 | $16.0B |
| 5 | GRBK Green Brick Partners, Inc. | $61.69 | $64.98 | +5.3% | Fairly valued | 46 | $2.6B |
| 6 | PHM PulteGroup, Inc. | $126.88 | $126.62 | -0.2% | Fairly valued | 45 | $23.8B |
| 7 | DHI D.R. Horton, Inc. | $145.23 | $137.21 | -5.5% | Fairly valued | 46 | $40.8B |
| 8 | IBP Installed Building Products, Inc. | $212.46 | $193.28 | -9.0% | Fairly valued | 50 | $5.7B |
| 9 | CVCO Cavco Industries, Inc. | $648.27 | $563.28 | -13.1% | Fairly valued | 80 | $4.8B |
| 10 | LEN Lennar Corporation | $86.09 | $73.40 | -14.7% | Fairly valued | 22 | $20.7B |
| 11 | MTH Meritage Homes Corporation | $67.08 | $55.64 | -17.1% | Overvalued | 34 | $4.2B |
The Global Pulse
Faircurve's market note, in your inbox each market day
The Global Pulse is Faircurve's note after each US session: what moved, in plain words. No account needed.
Valued but not ranked
These 4 names are valued but not ranked, for one of four reasons: the model grades the evidence as low or has not graded it yet, the inputs are under review, the gap is wider than 60%, or the valuation is more than three weeks old. The numbers are shown for reference.
| Company | Last close | Model fair value | Gap | Why it is not ranked | Quality score | Market value |
|---|---|---|---|---|---|---|
| CCS Century Communities, Inc. | $52.42 | $29.73 | -43.3% | Low evidence grade | 20 | $1.5B |
| DFH Dream Finders Homes, Inc. | $10.10 | $6.07 | -39.9% | Low evidence grade | 28 | $886M |
| KBH KB Home | $48.93 | $32.28 | -34.0% | Low evidence grade | 25 | $2.9B |
| LGIH LGI Homes, Inc. | $43.51 | $21.81 | -49.9% | Low evidence grade | 29 | $1.0B |