Is LEN-B Stock Undervalued?

A comprehensive valuation analysis of Lennar Corp /New/ (LEN-B) examining current multiples, intrinsic value, and comparing to analyst expectations.

Updated April 18, 2026•8 min read•View Full Analysis

Valuation Verdict

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Potentially Undervalued

53986983371.9% upside potential

Based on our analysis, Lennar Corp /New/ appears to be potentially undervalued at the current price of $90.22. Our fair value estimate of $48709755837.49 suggests upside potential of approximately 53986983371.9%.

Current Valuation Metrics

Valuation ratios help us understand how the market is pricing LEN-B relative to its fundamentals. Let's examine the key multiples investors are paying today.

P/E Ratio

12.47

Low

P/B Ratio

0.98

Low

P/S Ratio

0.64

Low

EV/EBITDA

10.25

Moderate

Understanding the Metrics

P/E Ratio: At 12.47x earnings, LEN-B is trading below the typical market average of 15-20x.
P/B Ratio: A P/B of 0.98 means investors pay $0.98 for every $1 of book value.
P/S Ratio: The price-to-sales ratio of 0.64 indicates how much investors value each dollar of revenue.
EV/EBITDA: This ratio of 10.25 helps compare LEN-B to peers while accounting for debt.

Fair Value Estimate

Using a discounted cash flow (DCF) model, we estimate the intrinsic value of Lennar Corp /New/ stock. This fundamental analysis looks at the company's ability to generate future cash flows and discounts them back to today's value.

Current Price

$90.22

Fair Value Estimate

$48709755837.49

Implied Return+53986983371.9%

Our DCF model suggests LEN-B may be undervalued by approximately 53986983371.9%. This implies the market may be pricing in more pessimistic growth expectations than our base case scenario.

Investment Conclusion

Bottom Line

Based on our comprehensive valuation analysis, Lennar Corp /New/ (LEN-B) appears to be undervalued at $90.22. With a fair value estimate of $48709755837.49, the stock offers potential upside for long-term investors willing to wait for the market to recognize its intrinsic value.

Disclaimer: This analysis is for informational purposes only and should not be considered investment advice. Always conduct your own research and consult with a financial advisor before making investment decisions. Past performance does not guarantee future results.