NVR: A Great Company, But Don’t Ignore the Stock Comp
canuckanalyst.substack.com
NVR is a high quality company that investors really like. Unlike most homebuilders, the company has no net debt. And despite being a homebuilder, the company has tremendous returns on capital due to its well known capital-light land option strategy and because mgmt runs a tight ship.
NVR: A Great Company, But Don’t Ignore the Stock Comp
NVR: A Great Company, But Don’t Ignore the…
NVR: A Great Company, But Don’t Ignore the Stock Comp
NVR is a high quality company that investors really like. Unlike most homebuilders, the company has no net debt. And despite being a homebuilder, the company has tremendous returns on capital due to its well known capital-light land option strategy and because mgmt runs a tight ship.