Dream Finders Homes, Inc. (DFH) is a publicly traded company in the Consumer Cyclical — Residential Construction industry listed on NYSE. This overview shows the latest price, key valuation ratios, profitability metrics and financial-health indicators used by fundamental investors.
Dream Finders Homes, Inc. serves as a holding entity for Dream Finders Holdings LLC, operating primarily in the residential construction industry throughout the United States. The company focuses on designing, building, and selling a variety of single-family homes, ranging from starter homes to properties for first-time and second-time move-up buyers.
Is Dream Finders Homes, Inc. stock overvalued or undervalued in 2026?
Dream Finders Homes, Inc. (DFH) trades at 6.8× earnings (P/E), against a median of 17.9× across the 209 consumer cyclicals companies above $2bn in Kaplio's universe. No valuation verdict: it is a cyclical and today's P/E (6.8) does not tell whether it is cheap.
Kaplio overview: Dream Finders Homes, Inc.
Market cap $909M · 52 weeks $7 – $23 (57 % below the high) · P/E 6.8× · Dividend none · Next earnings March 4, 2027 · expected EPS $0.30 · Closing price, Oct 29 · accounts published Oct 29.
- Valuation: P/E 6.8× (no verdict).
- Business: 5-year ROIC 11.9 % (fair).
- Balance sheet: Net debt/EBITDA 1.1× (solid).
- Earnings: 2 of 8 (disappointing).
What would it be worth at its usual multiples?
No valuation verdict: it is a cyclical and today's P/E (6.8) does not tell whether it is cheap.
Why is Dream Finders Homes, Inc.'s P/E so low?
Dream Finders Homes, Inc. trades at a P/E of 6.8× on reported earnings, but over the last 12 months 45 % of its pre-tax income ($88.1M) came from outside the business, such as revaluations or sales of stakes in other companies. It is real money, but it doesn't repeat every year. Without that part, its P/E would be about 12.4×. Kaplio's calculation from the official quarterly accounts filed up to the quarter ended June 30, 2026.
| Quarter ended | From the business | Outside the business | Net income |
|---|---|---|---|
| September 30, 2025 | $59.3M | $1.5M | $47.0M |
| December 31, 2025 | $75.6M | $2.5M | $58.7M |
| March 31, 2026 | $19.4M | −$576,000 | $13.3M |
| June 30, 2026 | $84.7M | $27.7M |
In cyclicals the P/E misleads; on its average earnings over 10 years it trades at 5.5 times.
What matters in consumer cyclicals: 6 of 8 pass
- Inventory turnover 1.8×, fails.
- 5y avg ROIC 11.9 %, borderline.
- 5y avg operating margin 9.2 %, passes.
- Net debt / EBITDA 1.1×, passes.
- Current Ratio 3.39, passes.
- Altman Z-Score 2.8, passes.
- P/E read in reverse (cyclicals) 6.8×, passes.
- EV/Sales vs history 0.5×, passes.
Against its peers (reference peers) — Dream Finders Homes, Inc.: P/E 6.8×; EV/EBITDA 16.8×; ROIC 1.3 %; $909M. Green Brick Partners, Inc. (P/E 9.4×; EV/EBITDA 7.7×; ROIC 11.5 %; $2.7B), Mister Car Wash, Inc. (P/E 21.3×; EV/EBITDA 13.6×; ROIC 5.2 %; $2.3B), Kohl's Corporation (P/E 10.6×; EV/EBITDA 6.5×; ROIC 4.5 %; $2.8B).
Dividend
tight · Yield 0.00 % ($0.14 per share in 2025) · Years raising it 2 · 5-year growth -5 % a year · Free cash flow coverage -0.9×.
Profitability
| Return on Equity | 7.73% |
| Return on Invested Capital | 1.30% |
| Return on Assets | 2.83% |
| Gross Margin | 8.79% |
| Operating Margin | 1.13% |
| Net Margin | 2.86% |
Financial Health
| Debt / Equity | 0.41 |
| Current Ratio | 3.39 |
| Piotroski F-Score | 4 |
| Altman Z-Score | 2.78 |
Price Performance
| 1 month | -9.16% |
| 3 months | -24.00% |
| Year-to-date | -43.16% |
| 1 year | -51.35% |
| 3 years | -50.63% |
| 5 years | -38.75% |
Related companies: GRBK · KSS · DHI · 0I6K.L · PHM · 0KS6.L · LEN
Explore sector: Consumer Cyclical · Residential Construction
More sections of DFH: Financials · Valuation · Statistics · Estimates · Technical · Ownership · News · Events
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