Added to YB: 2026-09-07
Pitch date: 2026-09-04
HHH [bullish]
Howard Hughes Holdings Inc.
Author Info
Building Arks has 25 years of experience as a professional and private investor. I own stocks for the very long term when I think they can compound at 15%. I write about them here. Sign up for the newsletter.
Company Info
Howard Hughes Holdings Inc., together with its subsidiaries, develops master planned communities (MPCs) in the United States.
Market Cap
$3.8B
Pitch Price
N/A
Price Target
N/A
Dividend
N/A
EV/EBITDA
8.17
P/E
12.90
EV/Sales
2.79
Sector
Real Estate Management and Development
Category
growth
Update - Howard Hughes valuation
HHH (update): Howard Hughes offers a modeled 26% CAGR through 2030 as mature master-planned communities generate excess cash that is injected into Vantage, whose book value is assumed to compound at 15% and earn a 1.5x multiple, producing a $9.1bn 2030 valuation. The current price is said to allow imperfect execution, but the valuation is explicitly not conservative: Vantage’s underwriting is unproven, expansion is occurring in a soft market, and the thesis depends on profitable scaling.
Read full article (6 min)