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Re: dmmm post# 17963

Sunday, 02/21/2016 2:29:13 PM

Sunday, February 21, 2016 2:29:13 PM

Post# of 114149
CCS

Every homebuilder I look at if anything seems to be more leveraged then they are.

For example from

KBH has twice the total Liabilities to equity, LGIH as of September is around 1.5 times. LEN is about 1.6 times. CCS is about 1.2. So I disagree you can do this analysis by long-term debt as well what you will come to find is CCS is less levered then most in the sector in my opinion. This is yet another reason why I think CCS is severely mispriced to it's competitors, it competitors trade at 7-10 times, and If my estimates are correct we are trading at 5 with either on par or better growth, with a better balance sheet and less debt. That is why CCS stands out to me in my opinion. all is just my opinion, and I could always be wrong though.


---All above is just my humble opinion.
And I could always be wrong.
And as always do your own DD.---
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