ZYBERNO
Stock Report
Updated Sep 1, 2026

BEAZER HOMES USA, INC. (BZH)

Industrial • NYSE

$33.22

Professional Investment Analysis

ZYBERNO SCORE
Is it a great business? Is it getting better?
24.0/100
POOR BUSINESS
BEAZER HOMES USA, INC. (BZH) scores 24/100 — concerning metrics indicating significant structural or financial risks.
📊 How is the Zyberno Score calculated? +
VALUATION SIGNAL
MARGIN OF SAFETY
Is this stock cheap or expensive relative to what the business has historically generated for owners?
-100.0%
Overvalued
Growth gap unavailable — insufficient data for reverse DCF calculation.
🎯 Expected Annual Return
-9.5%
Margin of Safety convergence — your return if the market re-prices to intrinsic value (5-yr annualised)
1.2%
Yield + growth — what the business alone earns you, even if the market never re-rates
💰 How is Margin of Safety calculated? +
📈 How is Brina Gap calculated? +

Critical Financial Health Indicators

Return on Equity (Profitability):CRITICAL (-0.6%)
Debt-to-Equity (Solvency Risk):POOR (1.25x)
Operating Margin (Operational Efficiency):CRITICAL (-1.8%)
Return on Capital (Capital Efficiency):CRITICAL (-1.1%)
📊 Valuation Trilogy
Three interconnected metrics for complete valuation analysis
Click any metric for full methodology and detailed analysis
Zyberno's Verdict

BEAZER HOMES USA, INC. (BZH) stock report — Zyberno Score 24/100 (POOR BUSINESS), Margin of Safety -100.0%, -10% expected annual return. Full financial analysis on Zyberno.

According to Zyberno's DCF model, BEAZER HOMES USA, INC. (BZH) trades at $33.22 against an estimated intrinsic value per share of $8.09 — a -100.0% Margin of Safety based on Owner Earnings of $6.89M TTM, projected at 64.0% growth for 10 years with a 2.5% terminal growth rate. Zyberno's model translates this into a 5-year expected return of -9.5% annually.

Over the trailing twelve months, BZH generated $6.89M in Owner Earnings. Capital was deployed as follows: $15.13M returned via share buybacks, $28.84M invested in capital expenditures. Reinvestment rate: -33.3%. Owner Earnings have grown at 64.0% annually over the trailing five years using log-linear regression.

DIVISION I: EXECUTIVE SUMMARY
A. Market Valuation

Market Price & Capitalization (2)

Current Price:33.22
Market Cap:$880.66M

Valuation Multiples (3)

P/B Ratio:0.77x
P/S Ratio:0.42x
Peg Ratio:-999.00x

Enterprise Metrics (1)

Enterprise Value:$2.17B

Price Action & Momentum (3)

Momentum Percentile:67 / 100
% of 52-Week High:96.2%
B. Profitability Assessment

Return Metrics (5)

ROA:-0.3%
Reinvestment Rate:-33.3%
Fundamental Growth Rate (g):0.4%

Margin Analysis (3)

Operating Margin Ttm:-1.8%
Net Margin Ttm:-0.4%
Ebitda Margin:-0.9%

TTM Performance (3)

Gross Margin Ttm:12.4%
Operating Margin Ttm:-1.8%
Net Margin Ttm:-0.4%

Yield Metrics (3)

Earnings Yield:-$0.93
Owner Earnings Yield:$0.78
Dividend Yield:0.0%
C. Log-Linear Regression Growth Trends

Earnings Surprise (SUE) (3)

EPS Surprise vs Expected:55.2%
Latest Earnings Filed:2026-08-07

Revenue Growth (Linear) (1)

Revenue Growth Rate (Linear):-5.2%

Earnings Growth (Linear) (1)

Net Income Growth Rate (Linear):-36.3%

Cash Flow Growth (Linear) (2)

Free Cash Flow Growth Rate (Linear):64.5%
Operating Cash Flow Growth Rate (Linear):-5.1%

Operating Growth (Linear) (1)

Operating Income Growth Rate (Linear):-43.7%
D. Financial Stability

Liquidity Ratios (3)

Current Ratio:1.65x
Quick Ratio:1.65x
Cash Ratio:0.07x

Leverage Analysis (3)

Debt To Equity Ttm:1.25x
Debt-to-Equity Ratio:1.25x
Debt To Ebitda:-999.00x

Coverage Ratios (1)

Times Interest Earned:-999.00

Capital Structure (4)

Working Capital:1,146,990,000.00
Cash And Cash Equivalents:124,641,000.00
Long Term Debt:$1.41B
Net Debt:$1.29B
DIVISION II: FINANCIAL STATEMENTS ANALYSIS
A. Income Statement Analysis

Revenue Components (2)

Revenue TTM: $2.08B
Linear Growth: -5.2%
📊 Click to view full BZH Revenue analysis & methodology →
Cost Of Revenue Ttm:$0.00

Profitability Breakdown (2)

Gross profit TTM: $258.86M
Linear Growth: -20.8%
📊 Click to view full BZH Gross Profit analysis & methodology →
Operating income TTM: -$37.37M
Linear Growth: -43.7%
📊 Click to view full BZH Operating Income analysis & methodology →

Bottom Line Performance (3)

Net income TTM: -$7.72M
Linear Growth: -36.3%
📊 Click to view full BZH Net Income analysis & methodology →
Income Before Tax:-$34.08M
Ebitda Ttm:-18,423,000.00

Operating Expenses (5)

Operating Expenses:0.00
R And D Expense:0.00
Sga Expense:211,324,000.00
Income Tax Expense:-$26.36M
Interest Expense:0.00

Expense Ratios (3)

R And D To Revenue Percentage:0.0%
Sga To Revenue Percentage:40.9%
Ebitda Margin:-0.9%
B. Balance Sheet Analysis

Asset Composition (5)

Total Assets:$2.90B
Current Assets:$2.90B
Ppe Net:55,262,000.00
Goodwill:11,376,000.00
Intangible Assets:$0.00

Liability Structure (4)

Total Liabilities:1,757,760,000.00
Current Liabilities:1,757,760,000.00
Long Term Debt:$1.41B
Short Term Debt:$7.18M

Equity & Capital (3)

Equity:$1.15B
Retained Earnings:$386.05M
Common Stock:63,000,000.00

Working Capital Items (3)

Accounts Receivable:96,621,000.00
Inventory:0.00
Accounts Payable:0.00

Special Items (2)

Contract Liabilities:21,309,000.00
Stock Based Compensation:1,711,000.00
C. Cash Flow Analysis

Operating Activities (2)

Operating cash flow TTM: $26.05M
Linear Growth: -5.1%
Free cash flow TTM: -$2.79M
Linear Growth: 64.5%
📊 Click to view full BZH Free Cash Flow analysis & methodology →

Investment Activities (2)

Investing Cash Flow:-$6.31M
Capital Expenditures Ttm:28,840,000.00

Financing Activities (3)

Financing Cash Flow:$77.39M
Dividends Paid Ttm:0.00
Stock Repurchase:15,127,000.00

Capital Transactions (3)

Common Stock Issuance:0.00
Long Term Debt Issuance:$246.39M
Long Term Debt Repayments:$0.00

Non-Cash Items (1)

Depreciation Amortization Ttm:18,945,000.00
DIVISION III: OPERATIONAL METRICS
A. Per Share Analysis

Earnings Per Share (3)

EPS (Basic TTM):-0.30
Eps diluted TTM: -$0.31
Linear Growth: -36.0%
📊 Click to view full BZH EPS analysis & methodology →
Earnings Per Share Ttm:-$0.29

Revenue & Cash Per Share (2)

Sales Per Share Ttm:78.52
Operating Cash Flow Per Share:$1.21

Book Value & Capital (2)

Book Value Per Share:$43.27
Cash Per Share:4.70

Dividend Policy (1)

Dividend Payout Ratio:-999.00x
B. Operational Efficiency

Asset Utilization (2)

Asset Turnover Ttm:0.76x
Working Capital Turnover Ttm:1.81x

Receivables Management (2)

Receivables Turnover Ttm:21.54x
Days Sales Outstanding Ttm:16.94

Inventory Management (2)

Inventory Turnover Ttm:-999.00x
Days Inventory Outstanding Ttm:-999.00

Payables & Cash Cycle (2)

Days Payable Outstanding:-999.00
Cash Conversion Cycle:16.94
C. Quality & Risk Metrics

Financial Quality Scores (2)

Financial Strength Score:40.00
Quality Score:60.00

Market Metrics (2)

Beta:0.00x
Volatility Category:unknown
DIVISION IV: INVESTMENT ANALYSIS
A. Value Investment Framework

Owner Earnings Analysis (3)

Owner earnings TTM: $6.89M
Linear Growth: 64.0%
📊 Click to view full BZH Owner Earnings analysis & methodology →
Owner Earnings Per Share:$0.26
Owner Earnings Yield:$0.78

Growth Assessment (1)

Owner Earnings Growth Rate:$63.99

Damodaran Growth Analysis (2)

Reinvestment Rate:-33.3%
Fundamental Growth Rate (g):0.4%

Intrinsic Value Models (1)

Return Scenarios (2)

Investment Assessment (1)

Buffett Assessment:Overvalued
B. Log-Linear Regression Growth Analysis

Growth Rates (Log-Linear Regression) (3)

Revenue Growth Rate (Linear):-5.2%
Net Income Growth Rate (Linear):-36.3%
Operating Income Growth Rate (Linear):-43.7%

Cash Flow Growth Rates (2)

Free Cash Flow Growth Rate (Linear):64.5%
Operating Cash Flow Growth Rate (Linear):-5.1%

Other Growth Rates (3)

Gross Profit Growth Rate (Linear):-20.8%
Book Value Growth Rate (Linear):9.0%
Owner Earnings Growth Rate:$63.99
C. Company Profile & Context

Corporate Information (6)

Symbol:BZH
Company Name:BEAZER HOMES USA, INC.
Sector:Industrial
Industry:Construction
Exchange:NYSE
Country:United States

Market Classification (3)

Market Cap Category:N/A
Price Category:medium
Volume Category:N/A

Share Structure (3)

Shares Outstanding:26.51M
Shares Outstanding Basic:26.51M
Shares Outstanding Diluted:26.51M

Data Processing Info (3)

Processing Version:v3.0
Last Updated:2026-09-01 12:36:24 UTC
Data Timestamp:2026-09-01T12:36:24.266962
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