M/I HOMES INC (MHO) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:MHO - US55305B1017 - Common Stock
127.95 USD
-0.96 (-0.74%)
127.95 USD
0 (0%)
Overall MHO gets a fundamental rating of 6 out of 10. We evaluated MHO against 60 industry peers in the Household Durables industry. MHO scores excellent points on both the profitability and health parts. This is a solid base for a good stock. MHO may be a bit undervalued, certainly considering the very reasonable score on growth This makes MHO very considerable for value investing!
1. Profitability
1.1 Basic Checks
MHO had positive earnings in the past year.
In the past year MHO had a positive cash flow from operations.
MHO had positive earnings in each of the past 5 years.
Of the past 5 years MHO 4 years had a positive operating cash flow.
1.2 Ratios
MHO's Return On Assets of 9.91% is amongst the best of the industry. MHO outperforms 83.33% of its industry peers.
Looking at the Return On Equity, with a value of 15.00%, MHO is in the better half of the industry, outperforming 73.33% of the companies in the same industry.
MHO has a Return On Invested Capital of 10.40%. This is in the better half of the industry: MHO outperforms 66.67% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for MHO is above the industry average of 9.70%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 9.91% | ||
| ROE | 15% | ||
| ROIC | 10.4% |
ROA(3y)12.39%
ROA(5y)11.7%
ROE(3y)20.45%
ROE(5y)20.97%
ROIC(3y)13.5%
ROIC(5y)13.06%
1.3 Margins
The Profit Margin of MHO (10.56%) is better than 86.67% of its industry peers.
MHO's Profit Margin has improved in the last couple of years.
The Operating Margin of MHO (13.31%) is better than 81.67% of its industry peers.
In the last couple of years the Operating Margin of MHO has grown nicely.
Looking at the Gross Margin, with a value of 24.72%, MHO is in line with its industry, outperforming 46.67% of the companies in the same industry.
MHO's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 13.31% | ||
| PM (TTM) | 10.56% | ||
| GM | 24.72% |
OM growth 3Y4.25%
OM growth 5Y15.33%
PM growth 3Y5.7%
PM growth 5Y19.65%
GM growth 3Y3.13%
GM growth 5Y6.12%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), MHO is creating some value.
MHO has less shares outstanding than it did 1 year ago.
Compared to 5 years ago, MHO has less shares outstanding
MHO has a worse debt/assets ratio than last year.
2.2 Solvency
MHO has an Altman-Z score of 4.48. This indicates that MHO is financially healthy and has little risk of bankruptcy at the moment.
MHO has a Altman-Z score of 4.48. This is in the better half of the industry: MHO outperforms 76.67% of its industry peers.
The Debt to FCF ratio of MHO is 3.82, which is a good value as it means it would take MHO, 3.82 years of fcf income to pay off all of its debts.
With a Debt to FCF ratio value of 3.82, MHO perfoms like the industry average, outperforming 60.00% of the companies in the same industry.
MHO has a Debt/Equity ratio of 0.29. This is a healthy value indicating a solid balance between debt and equity.
MHO's Debt to Equity ratio of 0.29 is in line compared to the rest of the industry. MHO outperforms 53.33% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.29 | ||
| Debt/FCF | 3.82 | ||
| Altman-Z | 4.48 |
ROIC/WACC1.18
WACC8.8%
2.3 Liquidity
MHO has a Current Ratio of 11.16. This indicates that MHO is financially healthy and has no problem in meeting its short term obligations.
The Current ratio of MHO (11.16) is better than 96.67% of its industry peers.
A Quick Ratio of 1.98 indicates that MHO should not have too much problems paying its short term obligations.
Looking at the Quick ratio, with a value of 1.98, MHO belongs to the top of the industry, outperforming 83.33% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 11.16 | ||
| Quick Ratio | 1.98 |
3. Growth
3.1 Past
MHO shows a slight negative growth in Earnings Per Share. In the last year, the EPS has decreased by -7.61%.
The Earnings Per Share has been growing by 33.72% on average over the past years. This is a very strong growth
Looking at the last year, MHO shows a small growth in Revenue. The Revenue has grown by 4.77% in the last year.
The Revenue has been growing by 12.50% on average over the past years. This is quite good.
EPS 1Y (TTM)-7.61%
EPS 3Y14.04%
EPS 5Y33.72%
EPS Q2Q%-19.02%
Revenue 1Y (TTM)4.77%
Revenue growth 3Y6.34%
Revenue growth 5Y12.5%
Sales Q2Q%-0.97%
3.2 Future
Based on estimates for the next years, MHO will show a decrease in Earnings Per Share. The EPS will decrease by -1.34% on average per year.
MHO is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 0.81% yearly.
EPS Next Y-15.45%
EPS Next 2Y-10.88%
EPS Next 3Y-1.34%
EPS Next 5YN/A
Revenue Next Year-0.75%
Revenue Next 2Y-2.58%
Revenue Next 3Y0.81%
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 7.42 indicates a rather cheap valuation of MHO.
MHO's Price/Earnings ratio is rather cheap when compared to the industry. MHO is cheaper than 85.00% of the companies in the same industry.
The average S&P500 Price/Earnings ratio is at 26.51. MHO is valued rather cheaply when compared to this.
MHO is valuated reasonably with a Price/Forward Earnings ratio of 8.17.
MHO's Price/Forward Earnings ratio is rather cheap when compared to the industry. MHO is cheaper than 91.67% of the companies in the same industry.
MHO's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 23.13.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.42 | ||
| Fwd PE | 8.17 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of MHO indicates a rather cheap valuation: MHO is cheaper than 86.67% of the companies listed in the same industry.
Based on the Price/Free Cash Flow ratio, MHO is valued a bit cheaper than the industry average as 66.67% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 13.77 | ||
| EV/EBITDA | 5.78 |
4.3 Compensation for Growth
MHO has an outstanding profitability rating, which may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)0.22
EPS Next 2Y-10.88%
EPS Next 3Y-1.34%
5. Dividend
5.1 Amount
MHO does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
127.95
-0.96 (-0.74%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Durables & Apparel
GICS IndustryHousehold Durables
Earnings (Last)
Earnings (Next)
Inst Owners98.79%
Inst Owner Change-0.59%
Ins Owners2.43%
Ins Owner Change-0.42%
Market Cap3.35B
Revenue(TTM)4.48B
Net Income(TTM)472.44M
Analysts85.71
Price Target166.94 (30.47%)
Short Float %4.68%
Short Ratio5.43
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DP0%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-3.76%
Min EPS beat(2)-6.27%
Max EPS beat(2)-1.25%
EPS beat(4)0
Avg EPS beat(4)-4.09%
Min EPS beat(4)-6.27%
Max EPS beat(4)-1.25%
EPS beat(8)3
Avg EPS beat(8)-1.34%
EPS beat(12)7
Avg EPS beat(12)11.92%
EPS beat(16)11
Avg EPS beat(16)12.49%
Revenue beat(2)1
Avg Revenue beat(2)0.07%
Min Revenue beat(2)-3.1%
Max Revenue beat(2)3.25%
Revenue beat(4)2
Avg Revenue beat(4)-2.87%
Min Revenue beat(4)-13.77%
Max Revenue beat(4)3.25%
Revenue beat(8)5
Avg Revenue beat(8)-2.8%
Revenue beat(12)8
Avg Revenue beat(12)3.33%
Revenue beat(16)9
Avg Revenue beat(16)1.87%
PT rev (1m)0%
PT rev (3m)1.03%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-8.56%
EPS NY rev (1m)-1.49%
EPS NY rev (3m)-4.35%
Revenue NQ rev (1m)2.71%
Revenue NQ rev (3m)0.17%
Revenue NY rev (1m)1.22%
Revenue NY rev (3m)-0.51%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.42 | ||
| Fwd PE | 8.17 | ||
| P/S | 0.75 | ||
| P/FCF | 13.77 | ||
| P/OCF | 13.36 | ||
| P/B | 1.06 | ||
| P/tB | 1.07 | ||
| EV/EBITDA | 5.78 |
EPS(TTM)17.24
EY13.47%
EPS(NY)15.66
Fwd EY12.24%
FCF(TTM)9.29
FCFY7.26%
OCF(TTM)9.58
OCFY7.49%
SpS171.16
BVpS120.44
TBVpS119.81
PEG (NY)N/A
PEG (5Y)0.22
Graham Number216.14
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 9.91% | ||
| ROE | 15% | ||
| ROCE | 13.55% | ||
| ROIC | 10.4% | ||
| ROICexc | 12.48% | ||
| ROICexgc | 13.22% | ||
| OM | 13.31% | ||
| PM (TTM) | 10.56% | ||
| GM | 24.72% | ||
| FCFM | 5.43% |
ROA(3y)12.39%
ROA(5y)11.7%
ROE(3y)20.45%
ROE(5y)20.97%
ROIC(3y)13.5%
ROIC(5y)13.06%
ROICexc(3y)16.19%
ROICexc(5y)15.2%
ROICexgc(3y)16.79%
ROICexgc(5y)15.85%
ROCE(3y)17.59%
ROCE(5y)17.02%
ROICexgc growth 3Y1.84%
ROICexgc growth 5Y16.09%
ROICexc growth 3Y2.49%
ROICexc growth 5Y16.51%
OM growth 3Y4.25%
OM growth 5Y15.33%
PM growth 3Y5.7%
PM growth 5Y19.65%
GM growth 3Y3.13%
GM growth 5Y6.12%
F-Score5
Asset Turnover0.94
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.29 | ||
| Debt/FCF | 3.82 | ||
| Debt/EBITDA | 1.52 | ||
| Cap/Depr | 45.57% | ||
| Cap/Sales | 0.17% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 40.91% | ||
| Profit Quality | 51.44% | ||
| Current Ratio | 11.16 | ||
| Quick Ratio | 1.98 | ||
| Altman-Z | 4.48 |
F-Score5
WACC8.8%
ROIC/WACC1.18
Cap/Depr(3y)52.66%
Cap/Depr(5y)82.58%
Cap/Sales(3y)0.18%
Cap/Sales(5y)0.32%
Profit Quality(3y)61.14%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-7.61%
EPS 3Y14.04%
EPS 5Y33.72%
EPS Q2Q%-19.02%
EPS Next Y-15.45%
EPS Next 2Y-10.88%
EPS Next 3Y-1.34%
EPS Next 5YN/A
Revenue 1Y (TTM)4.77%
Revenue growth 3Y6.34%
Revenue growth 5Y12.5%
Sales Q2Q%-0.97%
Revenue Next Year-0.75%
Revenue Next 2Y-2.58%
Revenue Next 3Y0.81%
Revenue Next 5YN/A
EBIT growth 1Y-11.32%
EBIT growth 3Y10.86%
EBIT growth 5Y29.74%
EBIT Next Year-11.77%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-64.54%
FCF growth 3YN/A
FCF growth 5Y22.9%
OCF growth 1Y-63.98%
OCF growth 3YN/A
OCF growth 5Y22.33%
M/I HOMES INC / MHO FAQ
What is the ChartMill fundamental rating of M/I HOMES INC (MHO) stock?
ChartMill assigns a fundamental rating of 6 / 10 to MHO.
Can you provide the valuation status for M/I HOMES INC?
ChartMill assigns a valuation rating of 7 / 10 to M/I HOMES INC (MHO). This can be considered as Undervalued.
How profitable is M/I HOMES INC (MHO) stock?
M/I HOMES INC (MHO) has a profitability rating of 8 / 10.
What is the financial health of M/I HOMES INC (MHO) stock?
The financial health rating of M/I HOMES INC (MHO) is 7 / 10.
What is the earnings growth outlook for M/I HOMES INC?
The Earnings per Share (EPS) of M/I HOMES INC (MHO) is expected to decline by -15.45% in the next year.