What is Invitation Homes Inc. (INVH) DCF Fair Value and Intrinsic Value in 2026?

Invitation Homes Inc. (INVH) intrinsic value is calculated using conservative multi-stage Discounted Cash Flow (DCF) models, 5-year free cash flow trajectories, Graham Numbers, and owner earnings multiples. LocalAlpha tracks real-time margin of safety against live market prices.

What is Invitation Homes Inc.'s historical Return on Invested Capital (ROIC) and Moat Rating?

Invitation Homes Inc. operates in the Real Estate sector (REIT - Residential) with an economic moat rating of NONE. LocalAlpha tracks 5-year audited quarterly ROIC, operating margin stability, and balance sheet solvency ratios.

What is Invitation Homes Inc.'s financial health rating and Piotroski F-Score?

Invitation Homes Inc.'s balance sheet quality is evaluated using the 9-point Piotroski F-Score, Altman Z-Score solvency model, debt-to-equity ratio, and quick/current liquidity coverage to guard against financial distress.

How does LocalAlpha monitor Invitation Homes Inc. (INVH) for quarterly SEC filing thesis breaks?

LocalAlpha audits Invitation Homes Inc.'s 10-K, 10-Q, and 8-K regulatory filings on SEC EDGAR within 15 minutes of release. If reported metrics breach an investor's custom ROIC floor, operating margin boundary, or qualitative risk criteria, an autonomous breach audit is dispatched immediately.

StocksINVH

INVH

Invitation Homes Inc.Real Estate / REIT - ResidentialINTACT

Invitation Homes Inc., an S&P 500 company, is the nation's premier single-family home leasing and management company, helping to expand housing through new development and strategic partnerships. Their purpose, Unlock the Power of Home, reflects their commitment to address America's housing needs by delivering high-quality living solutions and genuine care to those who choose the flexibility and value of leasing. Invitation Homes Inc. was incorporated in 6th June 2012 and is based in Dallas, United States.

Share Price

$27.54

52W: $24.25 - $30.89

DCF Fair Value

$36.45

+24.4% MoS

Thesis Hub

P/E (TTM)

25.3x

ROIC

18.8%

Operating Margin

25.1%

FCF Yield

7.2%

Debt / Equity

0.94x

Piotroski Score

7/9

Altman Z-Score

2.21

Market Cap

$16.3B

Price vs. Intrinsic Value Corridor

Modest Value ($27.54 vs $36.45 DCF)

Historical market price overlaid against conservative DCF Fair Value & Benjamin Graham Margin of Safety bands.

Period Return (1Y)

—()

Period Range

$— - $—

DCF Fair Value

$36.45

MOS Buy Target (-25%)

$27.34

Valuation Overlays: DCF Fair Value ($36.45) 25% MOS Buy Target ($27.34) Revised Graham ($27.28) Graham Number ($19.39)

2-Stage Discounted Cash Flow (DCF) Workbench

Conservative intrinsic value model based on owner cash generation over a 10-year investment horizon. Opens with LocalAlpha's baseline assumptions (matching the fair value shown above) — adjust any input to stress-test.

Current Market Price

$27.54

DCF Fair Value

$36.32

+24.2% MoS

Starting Free Cash Flow ($M)$1,169M

$100M$1,169M (Reported)$50,000M

Stage 1 Growth (Years 1-5)12.5%

-5%10% (Target)35%

Stage 2 Growth (Years 6-10)4.5%

0%5%20%

Discount Rate (WACC / Hurdle)9.0%

6%9% (Standard)15% (High Risk)

Terminal Perpetual Growth2.5%

1% (GDP Floor)2.5% (Inflation)4.0%

Net Debt ($M)$8,500M

-$100B CashBalance Sheet+$150B Debt

10-Yr PV of Cash Flows

$12.5B

PV of Terminal Value

$17.5B

Implied Enterprise Value

$30.0B

Implied Equity Value

$21.5B

Year	Yr 1	Yr 2	Yr 3	Yr 4	Yr 5	Yr 6	Yr 7	Yr 8	Yr 9	Yr 10
Projected FCF ($M)	$1,315	$1,480	$1,664	$1,873	$2,107	$2,201	$2,300	$2,404	$2,512	$2,625
Present Value (PV)	$1,207	$1,245	$1,285	$1,327	$1,369	$1,313	$1,258	$1,206	$1,157	$1,109

Benjamin Graham & Buffett Value Models

Classical deep value metrics based on asset backing, normalized earnings power, and owner cash yield.

Graham Number-42% Premium

$19.39

Calculated as √(22.5 × EPS × BVPS). The maximum theoretical price a defensive investor should pay based purely on asset book value and current earnings.

EPS: $1.09BVPS: $15.33

Revised Graham Formula-1% Premium

$27.28

Formula: V = (EPS × (8.5 + 2g) × 4.4) / Y where g is the conservative 7-10 yr growth rate and Y is AAA Bond Yield.

Growth Rate (g%)

Bond Yield (Y%)

Buffett Owner Earnings6.8% Yield

$1.88 / share

True distributable cash flow: Net Income + D&A - Maintenance CapEx. Reflects the cash Buffett would extract without hurting unit volume.

Total: $1.1BYield: 6.8%

Reverse DCF: Market Growth Expectation

EXTREMELY LOW BARRIER

0.8% CAGR (Next 10 Yrs)

At the current price of $27.54, the market is assuming the business will compound Free Cash Flow at 0.8% per year for the next decade with a 9% hurdle rate.

Value Investor Verdict

✓ Low market hurdle: Easy for a wide-moat compounder to beat.

Autonomous Thesis Underwriting

Surveil INVH with Mathematical Margin of Safety Rules

Set non-negotiable floor rules for Invitation Homes Inc.. If a newly filed quarterly 10-Q breaks your ROIC floor, operating margin boundary, or balance sheet leverage rules, receive an autonomous breach audit within 15 minutes.

Buffett Quality

ROIC > 15% • Margin > 15% • D/E < 0.5x

Margin Floor Guard

Current Margin 25.1% • Floor > 10%

Solvency Guard

Altman-Z > 2.6 • Current Ratio > 1.5x

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Frequently Asked Questions: Invitation Homes Inc. (INVH) Intrinsic Valuation

Audited fundamentals, DCF intrinsic value sensitivity, and thesis break detection parameters for Invitation Homes Inc..

Based on institutional multi-stage Discounted Cash Flow (DCF) modeling on audited SEC cash flows, Invitation Homes Inc. has an estimated DCF intrinsic fair value of $36.45 per share compared to its current market price of $27.54. This represents an estimated 24.4% margin of safety (trading below fair value). Additionally, its classic Benjamin Graham Number stands at $19.39.