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Stocks NVR DCF valuation

DCF valuation

What is Nvr Inc worth?

With the base-case assumptions below, a discounted cash flow model on Nvr Inc's reported free cash flow gives $7,526.68 per share. The share price was $6,297.60 on September 25, 2026, 16% below that value.

Inputs from the filings

Free cash flow, fiscal 2025
$1.1B
Average free cash flow, last 5 years
$1.4B
Cash
$1.2B
balance sheet of June 30, 2026
Debt
$0
not reported, counted as 0
Diluted shares, fiscal 2025
3,069,103
Revenue growth per year, last 5 years
6.5%

Three sets of assumptions

CaseGrowth yrs 1-5Growth yrs 6-10After year 10Discount rateValue per shareValue vs price
Bear1.5%2.0%2.0%10.0%$4,850.89-23%
Base6.5%4.5%2.5%9.0%$7,526.68+20%
Bull11.5%7.5%3.0%8.0%$12,861.82+104%

Sensitivity: base case value per share

Discount rate down the side, growth after year 10 across the top. Everything else as in the base case.

1.5%2.0%2.5%3.0%3.5%
7.0%$9,503.18$10,106.62$10,844.15$11,766.08$12,951.40
8.0%$8,028.21$8,419.54$8,882.02$9,436.99$10,115.29
9.0%$6,950.40$7,217.96$7,526.68$7,886.86$8,312.53
10.0%$6,129.32$6,319.59$6,535.24$6,781.69$7,066.05
11.0%$5,483.69$5,623.18$5,779.08$5,954.47$6,153.25

Where the presets come from

Base: years 1 to 5 grow at Nvr Inc's revenue growth rate over the last 5 fiscal years (6.5% a year), held between -5% and 15%. Years 6 to 10 grow halfway between that and the long-run rate of 2.5%. Future cash is discounted at 9% a year.

Bear: 5 points less growth, 2% long-run growth, 10% discount rate. Bull: 5 points more growth (at most 25%), 3% long-run growth, 8% discount rate.

Value per share = (present value of 10 years of free cash flow + present value of everything after + cash - debt) / diluted shares.

This is a model run on assumptions, not a recommendation or a price target. Small changes in the discount rate or growth move the result a lot, as the table above shows. Change them yourself in the calculator.

Adjust the assumptions

Move the sliders for growth, long-run growth and discount rate, or switch to average free cash flow, and see the value per share change.

Adjust the assumptions

Nvr Inc company page