A 40% Drop Is Nice, But NVR (NYSE: NVR) Still Trading Above Intrinsic Value
- NVR Inc. is a well-managed company operating in a cyclical industry.
- We are more likely in the later part of the cycle than the beginning.
- NVR is currently trading around 30% above its intrinsic value.
This article was originally published on Seeking Alpha on October 16, 2018 and is only available to subscribers to its website at this time.