# D.R. Horton CDR (CAD Hedged) (DHI.TO) fundamentals

Data as of 2026-11-04. TSX, Canada. Sector: Consumer Cyclical / Household Durables. Price C$24.68, market value C$6.7 billion.

## Valuation
- **P/E (trailing): 15.2×**. D.R. Horton CDR (CAD Hedged) trades at 15.2× trailing earnings. The Consumer Cyclical median in the September 2026 study was 19.5×.
- **Price / sales: 0.2×**. Each dollar of revenue is priced at 0.2×, a low multiple typical of thin-margin businesses or out-of-favour stocks.
- **Price / book: 0.2×**. The shares trade below book value, which can signal a bargain or a balance sheet the market doubts.
- **EV / EBITDA: 2.5×**. Enterprise value is 2.5× operating earnings before depreciation, the multiple that ignores how the company is financed; below 8× is inexpensive for most sectors.
- **Free-cash-flow yield: 47.8%**. Free cash flow equals 47.8% of the market value. Above 5% is generally attractive.
- **Earnings yield: 6.6%**. The inverse of the P/E: 6.6% of the price is earned each year.

## Profitability
- **Gross margin: 22.6%**. D.R. Horton CDR (CAD Hedged) keeps 22.6% of revenue after the direct cost of what it sells, a thin margin typical of retail, distribution and commodity businesses.
- **Operating margin: 11.4%**. 11.4% of revenue is left after running the business.
- **Net margin: 10.5%**. 10.5% of each dollar of sales reaches the bottom line.
- **Return on equity: 14.8%**. 14.8% on shareholders' equity is solid.
- **Return on invested capital: 10.6%**. Return on all capital, debt included, is 10.6%.
- **Return on assets: 8.6%**. Each dollar of assets produces 8.6% of profit.

## Growth
- **Revenue growth (1 yr): -6.9%** (3-yr 0.8%/yr). Revenue fell 6.9% over the last year.
- **EPS growth (1 yr): -19.3%** (3-yr -11.2%/yr). Earnings per share fell 19.3%, slower than revenue, so margins compressed.
- **Free-cash-flow growth (3 yr): 99.5%/yr**. Free cash flow has compounded at 99.5% a year over three years, keeping pace with earnings: the growth is real cash.

## Financial health
- **Debt to equity: 0.25**. Debt is 0.25 times equity: a conservative balance sheet.
- **Net debt / EBITDA: 0.8×**. It would take 0.8 years of operating earnings to repay net borrowings, within the comfortable range.
- **Current ratio: 17.39** (quick 4.51). Current assets cover the next year's liabilities 17.39 times.
- **Altman Z-score: 3.78**. A Z-score of 3.78 places the company in the safe zone for bankruptcy risk.
- **Piotroski F-score: 4/9**. 4 of 9 checks pass: mixed.

## Dividends
- **Dividend: none**. D.R. Horton CDR (CAD Hedged) does not currently pay a dividend, but it returned 44.3% of its market value through buybacks over the last year.

## Price and momentum
- **From 52-week high: -7.9%** (14.9% above the low). Trading 8% below its 52-week high.
- **RSI (14-day): 59**. An RSI of 59 is neutral.
- **Beta (1 yr): 0.26** (volatility 28%). Beta of 0.26 against the S&P/TSX Composite: the shares move much less than the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=DHI.TO · Page: https://foliofundamentals.com/stocks/dhi.to

Not investment advice.