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United Homes Group Inc. (UHG)



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Upturn Advisory Summary
06/30/2025: UHG (1-star) has a low Upturn Star Rating. Not recommended to BUY.
1 Year Target Price $
1 Year Target Price $
0 | Strong Buy |
0 | Buy |
0 | Hold |
0 | Sell |
0 | Strong Sell |
Analysis of Past Performance
Type Stock | Historic Profit -77% | Avg. Invested days 29 | Today’s Advisory WEAK BUY |
Upturn Star Rating ![]() ![]() | Upturn Advisory Performance ![]() | Stock Returns Performance ![]() |
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Key Highlights
Company Size Small-Cap Stock | Market Capitalization 176.39M USD | Price to earnings Ratio 4.01 | 1Y Target Price - |
Price to earnings Ratio 4.01 | 1Y Target Price - | ||
Volume (30-day avg) - | Beta 1.22 | 52 Weeks Range 1.60 - 6.93 | Updated Date 06/29/2025 |
52 Weeks Range 1.60 - 6.93 | Updated Date 06/29/2025 | ||
Dividends yield (FY) - | Basic EPS (TTM) 0.75 |
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin 8.92% | Operating Margin (TTM) -0.55% |
Management Effectiveness
Return on Assets (TTM) 1.09% | Return on Equity (TTM) 97.48% |
Valuation
Trailing PE 4.01 | Forward PE - | Enterprise Value 278686354 | Price to Sales(TTM) 0.39 |
Enterprise Value 278686354 | Price to Sales(TTM) 0.39 | ||
Enterprise Value to Revenue 0.62 | Enterprise Value to EBITDA 48.25 | Shares Outstanding 21628500 | Shares Floating 11838854 |
Shares Outstanding 21628500 | Shares Floating 11838854 | ||
Percent Insiders 48.88 | Percent Institutions 39.03 |
Analyst Ratings
Rating - | Target Price - | Buy - | Strong Buy - |
Buy - | Strong Buy - | ||
Hold - | Sell - | Strong Sell - | |
Strong Sell - |
Upturn AI SWOT
United Homes Group Inc.
Company Overview
History and Background
United Homes Group Inc. was formed through a business combination of a SPAC and legacy homebuilding companies, initially focusing on the Southeastern US. Its history involves consolidating smaller regional builders to create a larger, more efficient operation.
Core Business Areas
- Homebuilding: Construction and sale of new single-family homes and townhomes.
- Land Development: Acquisition, development, and sale of residential land.
- Mortgage Financing: Providing mortgage financing options to homebuyers through affiliated or partner companies.
Leadership and Structure
The company has a CEO and a management team overseeing various departments like operations, finance, and sales. The organizational structure involves regional divisions managing local homebuilding activities.
Top Products and Market Share
Key Offerings
- Single-Family Homes: Variety of single-family home designs catering to different buyer preferences. Market share varies regionally but is typically in the single digits. Competitors include DR Horton (DHI), Lennar (LEN), and PulteGroup (PHM).
- Townhomes: Construction and sale of townhomes in urban and suburban areas. Market share also varies regionally and is in the single digits. Competitors include DR Horton (DHI), Lennar (LEN), and PulteGroup (PHM).
- Land Sales: Selling developed lots to other builders and developers. Market share information is not publicly available. Competitors include large land developers and other homebuilders.
Market Dynamics
Industry Overview
The homebuilding industry is cyclical, heavily influenced by interest rates, economic conditions, and demographic trends. Demand for housing continues to be present due to limited supply and millennials entering the housing market.
Positioning
United Homes Group Inc. aims to be a regional leader by consolidating local builders and leveraging economies of scale. Its competitive advantage lies in its regional focus and efficient operations.
Total Addressable Market (TAM)
The US new home construction market is estimated at over $400 billion. United Homes Group Inc. is positioned to capture a small but growing share of this large TAM.
Upturn SWOT Analysis
Strengths
- Regional Focus
- Efficient Operations
- Experienced Management Team
- Consolidation Strategy
Weaknesses
- High Debt Levels
- Cyclical Industry
- Dependence on Housing Market Conditions
- Integration Risks from Acquisitions
Opportunities
- Expanding into new regions
- Increasing market share through acquisitions
- Benefiting from favorable demographic trends
- Offering innovative home designs and features
Threats
- Rising interest rates
- Economic recession
- Increased competition
- Supply chain disruptions
- Labor shortages
Competitors and Market Share
Key Competitors
- DR Horton (DHI)
- Lennar (LEN)
- PulteGroup (PHM)
- NVR Inc (NVR)
- KB Home (KBH)
Competitive Landscape
United Homes Group Inc. competes with larger, more established homebuilders. Its advantage lies in its regional focus and efficient operations. However, it faces challenges related to scale and brand recognition.
Major Acquisitions
Crescent Homes
- Year: 2021
- Acquisition Price (USD millions): 210
- Strategic Rationale: Expanded UHG's presence in the Carolinas and added a significant backlog of homes.
Growth Trajectory and Initiatives
Historical Growth: United Homes Group Inc.'s historical growth is primarily driven by acquisitions and organic expansion in existing markets.
Future Projections: Analysts project continued growth for United Homes Group Inc., driven by the company's consolidation strategy and favorable housing market conditions.
Recent Initiatives: Recent initiatives include expanding into new markets, implementing cost-saving measures, and launching new home designs.
Summary
United Homes Group Inc. is a homebuilder pursuing a consolidation strategy within a cyclical industry. While they show promise in regional markets with efficient operations, their high debt levels and reliance on housing market stability pose challenges. Their growth is reliant on acquisitions and operational efficiency. The company needs to manage integration risks and adapt to changing economic conditions.
Peer Comparison
Sources and Disclaimers
Data Sources:
- Company Filings
- Analyst Reports
- Industry Publications
Disclaimers:
This analysis is based on publicly available information and analyst estimates, which are subject to change. It is not financial advice. Market share are estimates.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About United Homes Group Inc.
Exchange NASDAQ | Headquaters Chapin, SC, United States | ||
IPO Launch date 2021-03-29 | President & CEO Mr. John Gregory Micenko Jr. | ||
Sector Consumer Cyclical | Industry Residential Construction | Full time employees 175 | Website https://www.unitedhomesgroup.com |
Full time employees 175 | Website https://www.unitedhomesgroup.com |
United Homes Group, Inc. is a publicly traded residential builder headquartered near Columbia, SC. The Company focuses on southeastern markets with active communities in South Carolina, North Carolina and Georgia. The Company employs a land-light operating strategy with a focus on the design, construction and sale of entry-level, first, second and third move-up single-family houses. The Company principally builds detached single-family houses, and, to a lesser extent, attached single-family houses, including duplex houses and town houses. The Company seeks to operate its homebuilding business in high-growth markets, with substantial in-migrations and employment growth. Under its land-light lot operating strategy, the Company controls its supply of finished building lots through lot option contracts with third parties, related parties, and land bank partners, which provide the Company with the right to purchase finished lots after they have been developed. This land-light operating strategy provides the Company with the ability to amass a pipeline of lots without the risks associated with acquiring and developing raw land. As the Company reviews potential geographic markets into which it could expand its homebuilding business, it intends to focus on selecting markets with positive population and employment growth trends, favorable migration patterns, attractive housing affordability, low state and local income taxes, and desirable lifestyle and weather characteristics.
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