M/I HOMES INC (MHO) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:MHO - US55305B1017 - Common Stock
136.15 USD
-1.44 (-1.05%)
136.15 USD
0 (0%)
MHO gets a fundamental rating of 6 out of 10. The analysis compared the fundamentals against 61 industry peers in the Household Durables industry. MHO has outstanding health and profitabily ratings, belonging to the best of the industry. This is a solid base for any company. A decent growth rate in combination with a cheap valuation! Better keep an eye on MHO. With these ratings, MHO could be worth investigating further 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.
In the past 5 years MHO has always been profitable.
MHO had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
Looking at the Return On Assets, with a value of 9.91%, MHO belongs to the top of the industry, outperforming 83.61% of the companies in the same industry.
With a decent Return On Equity value of 15.00%, MHO is doing good in the industry, outperforming 73.77% of the companies in the same industry.
Looking at the Return On Invested Capital, with a value of 10.40%, MHO is in the better half of the industry, outperforming 67.21% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for MHO is above the industry average of 9.75%.
| 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
MHO has a Profit Margin of 10.56%. This is amongst the best in the industry. MHO outperforms 86.89% of its industry peers.
MHO's Profit Margin has improved in the last couple of years.
MHO has a better Operating Margin (13.31%) than 81.97% of its industry peers.
MHO's Operating Margin has improved in the last couple of years.
Looking at the Gross Margin, with a value of 24.72%, MHO is in line with its industry, outperforming 47.54% of the companies in the same industry.
In the last couple of years the Gross Margin of MHO has grown nicely.
| 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
Compared to 1 year ago, MHO has a worse debt to assets ratio.
2.2 Solvency
An Altman-Z score of 4.56 indicates that MHO is not in any danger for bankruptcy at the moment.
MHO's Altman-Z score of 4.56 is fine compared to the rest of the industry. MHO outperforms 77.05% 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.
The Debt to FCF ratio of MHO (3.82) is better than 62.30% of its industry peers.
A Debt/Equity ratio of 0.29 indicates that MHO is not too dependend on debt financing.
MHO has a Debt to Equity ratio of 0.29. This is comparable to the rest of the industry: MHO outperforms 55.74% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.29 | ||
| Debt/FCF | 3.82 | ||
| Altman-Z | 4.56 |
ROIC/WACC1.25
WACC8.33%
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 96.72% of its industry peers.
MHO has a Quick Ratio of 1.98. This is a normal value and indicates that MHO is financially healthy and should not expect problems in meeting its short term obligations.
MHO has a better Quick ratio (1.98) than 85.25% of its industry peers.
| 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%.
MHO shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 33.72% yearly.
MHO shows a small growth in Revenue. In the last year, the Revenue has grown by 4.77%.
Measured over the past years, MHO shows a quite strong growth in Revenue. The Revenue has been growing by 12.50% on average per year.
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
MHO is expected to show a decrease in Earnings Per Share. In the coming years, the EPS will decrease by -1.34% yearly.
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-14.17%
EPS Next 2Y-8.75%
EPS Next 3Y-1.34%
EPS Next 5YN/A
Revenue Next Year-1.95%
Revenue Next 2Y-1.88%
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 7.90 indicates a rather cheap valuation of MHO.
MHO's Price/Earnings ratio is rather cheap when compared to the industry. MHO is cheaper than 83.61% of the companies in the same industry.
The average S&P500 Price/Earnings ratio is at 26.11. MHO is valued rather cheaply when compared to this.
MHO is valuated reasonably with a Price/Forward Earnings ratio of 8.30.
Based on the Price/Forward Earnings ratio, MHO is valued cheaper than 88.52% of the companies in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 36.21, MHO is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.9 | ||
| Fwd PE | 8.3 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, MHO is valued cheaper than 85.25% of the companies in the same industry.
MHO's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. MHO is cheaper than 67.21% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 14.65 | ||
| EV/EBITDA | 6.13 |
4.3 Compensation for Growth
MHO has an outstanding profitability rating, which may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)0.23
EPS Next 2Y-8.75%
EPS Next 3Y-1.34%
5. Dividend
5.1 Amount
No dividends for MHO!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
136.15
-1.44 (-1.05%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Durables & Apparel
GICS IndustryHousehold Durables
Earnings (Last)
Earnings (Next)
Inst Owners98.25%
Inst Owner Change-0.6%
Ins Owners2.41%
Ins Owner Change-0.19%
Market Cap3.56B
Revenue(TTM)4.48B
Net Income(TTM)472.44M
Analysts85.71
Price Target166.94 (22.61%)
Short Float %4.03%
Short Ratio4.07
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
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)5.71%
EPS NQ rev (3m)-8.56%
EPS NY rev (1m)-2.9%
EPS NY rev (3m)-2.9%
Revenue NQ rev (1m)4%
Revenue NQ rev (3m)-2.47%
Revenue NY rev (1m)-1.71%
Revenue NY rev (3m)-1.71%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.9 | ||
| Fwd PE | 8.3 | ||
| P/S | 0.8 | ||
| P/FCF | 14.65 | ||
| P/OCF | 14.22 | ||
| P/B | 1.13 | ||
| P/tB | 1.14 | ||
| EV/EBITDA | 6.13 |
EPS(TTM)17.24
EY12.66%
EPS(NY)16.41
Fwd EY12.05%
FCF(TTM)9.29
FCFY6.83%
OCF(TTM)9.58
OCFY7.03%
SpS171.16
BVpS120.44
TBVpS119.81
PEG (NY)N/A
PEG (5Y)0.23
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 | 4.56 |
F-Score5
WACC8.33%
ROIC/WACC1.25
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-14.17%
EPS Next 2Y-8.75%
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-1.95%
Revenue Next 2Y-1.88%
Revenue Next 3Y0.81%
Revenue Next 5YN/A
EBIT growth 1Y-11.32%
EBIT growth 3Y10.86%
EBIT growth 5Y29.74%
EBIT Next Year-11.35%
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.
What is the valuation status for MHO stock?
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 expected EPS growth for M/I HOMES INC (MHO) stock?
The Earnings per Share (EPS) of M/I HOMES INC (MHO) is expected to decline by -14.17% in the next year.
Is the dividend of M/I HOMES INC sustainable?
The dividend rating of M/I HOMES INC (MHO) is 0 / 10 and the dividend payout ratio is 0%.