M/I HOMES INC (MHO) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:MHO - US55305B1017 - Common Stock
139.56 USD
+2.45 (+1.79%)
139.56 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. MHO scores decently on growth, while it is valued quite cheap. This could make an interesting combination. These ratings could make MHO a good candidate for value investing.
1. Profitability
1.1 Basic Checks
In the past year MHO was profitable.
In the past year MHO had a positive cash flow from operations.
Each year in the past 5 years MHO has been profitable.
MHO had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
MHO has a Return On Assets of 9.91%. This is amongst the best in the industry. MHO outperforms 83.61% of its industry peers.
MHO's Return On Equity of 15.00% is fine compared to the rest of the industry. MHO outperforms 73.77% of its industry peers.
MHO has a better Return On Invested Capital (10.40%) than 67.21% of its industry peers.
The Average Return On Invested Capital over the past 3 years 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 better Profit Margin (10.56%) than 86.89% of its industry peers.
In the last couple of years the Profit Margin of MHO has grown nicely.
Looking at the Operating Margin, with a value of 13.31%, MHO belongs to the top of the industry, outperforming 81.97% of the companies in the same industry.
In the last couple of years the Operating Margin of MHO has grown nicely.
MHO has a Gross Margin of 24.72%. This is comparable to the rest of the industry: MHO outperforms 47.54% of its industry peers.
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
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so MHO is still creating some value.
The number of shares outstanding for MHO has been reduced compared to 1 year ago.
The number of shares outstanding for MHO has been reduced compared to 5 years ago.
The debt/assets ratio for MHO is higher compared to a year ago.
2.2 Solvency
An Altman-Z score of 4.61 indicates that MHO is not in any danger for bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 4.61, MHO is in the better half of the industry, outperforming 78.69% of the companies in the same industry.
MHO has a debt to FCF ratio of 3.82. This is a good value and a sign of high solvency as MHO would need 3.82 years to pay back of all of its debts.
MHO has a better Debt to FCF ratio (3.82) 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 | 4.61 |
ROIC/WACC1.25
WACC8.29%
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.
MHO has a better Current ratio (11.16) 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 Quick ratio of 1.98. This is amongst the best in the industry. MHO outperforms 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.
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-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.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 8.10, the valuation of MHO can be described as very reasonable.
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.
Compared to an average S&P500 Price/Earnings ratio of 26.15, MHO is valued rather cheaply.
Based on the Price/Forward Earnings ratio of 8.50, the valuation of MHO can be described as reasonable.
88.52% of the companies in the same industry are more expensive than MHO, based on the Price/Forward Earnings ratio.
Compared to an average S&P500 Price/Forward Earnings ratio of 36.12, MHO is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.1 | ||
| Fwd PE | 8.5 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, MHO is valued a bit cheaper than 77.05% of the companies in the same industry.
65.57% of the companies in the same industry are more expensive than MHO, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 15.15 | ||
| EV/EBITDA | 6.33 |
4.3 Compensation for Growth
MHO has an outstanding profitability rating, which may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)0.24
EPS Next 2Y-8.75%
EPS Next 3Y-1.34%
5. Dividend
5.1 Amount
MHO does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
139.56
+2.45 (+1.79%)
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 Cap3.68B
Revenue(TTM)4.48B
Net Income(TTM)472.44M
Analysts85.71
Price Target166.94 (19.62%)
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)1.03%
PT rev (3m)1.03%
EPS NQ rev (1m)-8.56%
EPS NQ rev (3m)-8.56%
EPS NY rev (1m)-2.9%
EPS NY rev (3m)-2.9%
Revenue NQ rev (1m)-2.47%
Revenue NQ rev (3m)-2.47%
Revenue NY rev (1m)-1.71%
Revenue NY rev (3m)-1.71%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.1 | ||
| Fwd PE | 8.5 | ||
| P/S | 0.82 | ||
| P/FCF | 15.15 | ||
| P/OCF | 14.71 | ||
| P/B | 1.17 | ||
| P/tB | 1.18 | ||
| EV/EBITDA | 6.33 |
EPS(TTM)17.24
EY12.35%
EPS(NY)16.41
Fwd EY11.76%
FCF(TTM)9.21
FCFY6.6%
OCF(TTM)9.49
OCFY6.8%
SpS169.6
BVpS119.34
TBVpS118.72
PEG (NY)N/A
PEG (5Y)0.24
Graham Number215.16
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 | 4.61 |
F-Score5
WACC8.29%
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%.