M/I HOMES INC (MHO) Stock Fundamental Analysis
USA - NYSE:MHO - US55305B1017 - Common Stock
126.87 USD
-0.88 (-0.69%)
126.87 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 gets an excellent profitability rating and is at the same time showing great financial health properties. A decent growth rate in combination with a cheap valuation! Better keep an eye on MHO. This makes MHO very considerable for value investing!
1. Profitability
1.1 Basic Checks
MHO had positive earnings in the past year.
MHO had a positive operating cash flow in the past year.
MHO had positive earnings in each of the past 5 years.
MHO had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
MHO has a better Return On Assets (10.79%) than 86.89% of its industry peers.
With a decent Return On Equity value of 16.59%, MHO is doing good in the industry, outperforming 72.13% of the companies in the same industry.
MHO has a Return On Invested Capital of 11.32%. This is in the better half of the industry: MHO outperforms 72.13% of its industry peers.
MHO had an Average Return On Invested Capital over the past 3 years of 13.50%. This is above the industry average of 10.21%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 10.79% | ||
| ROE | 16.59% | ||
| ROIC | 11.32% |
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
With an excellent Profit Margin value of 11.40%, MHO belongs to the best of the industry, outperforming 90.16% of the companies in the same industry.
In the last couple of years the Profit Margin of MHO has grown nicely.
MHO has a Operating Margin of 14.32%. This is amongst the best in the industry. MHO outperforms 86.89% of its industry peers.
MHO's Operating Margin has improved in the last couple of years.
With a Gross Margin value of 25.53%, MHO perfoms like the industry average, outperforming 49.18% 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 | 14.32% | ||
| PM (TTM) | 11.4% | ||
| GM | 25.53% |
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
MHO has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
Compared to 1 year ago, MHO has less shares outstanding
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
MHO has an Altman-Z score of 4.47. This indicates that MHO is financially healthy and has little risk of bankruptcy at the moment.
MHO's Altman-Z score of 4.47 is fine compared to the rest of the industry. MHO outperforms 78.69% of its industry peers.
The Debt to FCF ratio of MHO is 7.33, which is on the high side as it means it would take MHO, 7.33 years of fcf income to pay off all of its debts.
MHO has a Debt to FCF ratio (7.33) which is comparable to the rest of the industry.
A Debt/Equity ratio of 0.32 indicates that MHO is not too dependend on debt financing.
MHO has a Debt to Equity ratio (0.32) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.32 | ||
| Debt/FCF | 7.33 | ||
| Altman-Z | 4.47 |
ROIC/WACC1.28
WACC8.83%
2.3 Liquidity
A Current Ratio of 10.68 indicates that MHO has no problem at all paying its short term obligations.
Looking at the Current ratio, with a value of 10.68, MHO belongs to the top of the industry, outperforming 95.08% of the companies in the same industry.
A Quick Ratio of 2.09 indicates that MHO has no problem at all paying its short term obligations.
MHO has a Quick ratio of 2.09. This is amongst the best in the industry. MHO outperforms 88.52% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 10.68 | ||
| Quick Ratio | 2.09 |
3. Growth
3.1 Past
The earnings per share for MHO have decreased by -7.61% in the last year.
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 small growth in Earnings Per Share. In the coming years, the EPS will grow by 2.48% yearly.
MHO is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 3.93% yearly.
EPS Next Y-11.61%
EPS Next 2Y-3.04%
EPS Next 3Y2.48%
EPS Next 5YN/A
Revenue Next Year-0.24%
Revenue Next 2Y1.04%
Revenue Next 3Y3.93%
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
The Price/Earnings ratio is 7.36, which indicates a rather cheap valuation of MHO.
MHO's Price/Earnings ratio is rather cheap when compared to the industry. MHO is cheaper than 80.33% of the companies in the same industry.
MHO's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 25.67.
A Price/Forward Earnings ratio of 6.85 indicates a rather cheap valuation of MHO.
93.44% of the companies in the same industry are more expensive than MHO, based on the Price/Forward Earnings ratio.
MHO is valuated cheaply when we compare the Price/Forward Earnings ratio to 31.86, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.36 | ||
| Fwd PE | 6.85 |
4.2 Price Multiples
MHO's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. MHO is cheaper than 81.97% of the companies in the same industry.
MHO's Price/Free Cash Flow is on the same level as the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 25.27 | ||
| EV/EBITDA | 5.38 |
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-3.04%
EPS Next 3Y2.48%
5. Dividend
5.1 Amount
No dividends for MHO!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
126.87
-0.88 (-0.69%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Durables & Apparel
GICS IndustryHousehold Durables
Earnings (Last)
Earnings (Next)
Inst Owners98.25%
Inst Owner Change-1.62%
Ins Owners2.41%
Ins Owner Change-0.19%
Market Cap3.35B
Revenue(TTM)4.48B
Net Income(TTM)511.40M
Analysts85.71
Price Target166.94 (31.58%)
Short Float %3.98%
Short Ratio3.84
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)-3.28%
Min EPS beat(2)-5.31%
Max EPS beat(2)-1.25%
EPS beat(4)1
Avg EPS beat(4)-1.95%
Min EPS beat(4)-5.31%
Max EPS beat(4)2.29%
EPS beat(8)4
Avg EPS beat(8)0.92%
EPS beat(12)8
Avg EPS beat(12)13.62%
EPS beat(16)11
Avg EPS beat(16)12.03%
Revenue beat(2)1
Avg Revenue beat(2)-5.26%
Min Revenue beat(2)-13.77%
Max Revenue beat(2)3.25%
Revenue beat(4)3
Avg Revenue beat(4)-1.88%
Min Revenue beat(4)-13.77%
Max Revenue beat(4)3.25%
Revenue beat(8)5
Avg Revenue beat(8)-2.78%
Revenue beat(12)8
Avg Revenue beat(12)3.23%
Revenue beat(16)9
Avg Revenue beat(16)1.23%
PT rev (1m)1.03%
PT rev (3m)3.15%
EPS NQ rev (1m)0%
EPS NQ rev (3m)0%
EPS NY rev (1m)0%
EPS NY rev (3m)1.49%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0%
Revenue NY rev (1m)0%
Revenue NY rev (3m)2.11%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.36 | ||
| Fwd PE | 6.85 | ||
| P/S | 0.75 | ||
| P/FCF | 25.27 | ||
| P/OCF | 24.07 | ||
| P/B | 1.09 | ||
| P/tB | 1.09 | ||
| EV/EBITDA | 5.38 |
EPS(TTM)17.24
EY13.59%
EPS(NY)18.53
Fwd EY14.61%
FCF(TTM)5.02
FCFY3.96%
OCF(TTM)5.27
OCFY4.15%
SpS170.02
BVpS116.79
TBVpS116.17
PEG (NY)N/A
PEG (5Y)0.22
Graham Number212.85
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 10.79% | ||
| ROE | 16.59% | ||
| ROCE | 14.75% | ||
| ROIC | 11.32% | ||
| ROICexc | 13.86% | ||
| ROICexgc | 14.69% | ||
| OM | 14.32% | ||
| PM (TTM) | 11.4% | ||
| GM | 25.53% | ||
| FCFM | 2.95% |
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 Turnover0.95
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.32 | ||
| Debt/FCF | 7.33 | ||
| Debt/EBITDA | 1.48 | ||
| Cap/Depr | 41.19% | ||
| Cap/Sales | 0.15% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 21.12% | ||
| Profit Quality | 25.91% | ||
| Current Ratio | 10.68 | ||
| Quick Ratio | 2.09 | ||
| Altman-Z | 4.47 |
F-Score5
WACC8.83%
ROIC/WACC1.28
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-11.61%
EPS Next 2Y-3.04%
EPS Next 3Y2.48%
EPS Next 5YN/A
Revenue 1Y (TTM)4.77%
Revenue growth 3Y6.34%
Revenue growth 5Y12.5%
Sales Q2Q%-0.97%
Revenue Next Year-0.24%
Revenue Next 2Y1.04%
Revenue Next 3Y3.93%
Revenue Next 5YN/A
EBIT growth 1Y-2.93%
EBIT growth 3Y10.86%
EBIT growth 5Y29.74%
EBIT Next Year-11.35%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-74.25%
FCF growth 3YN/A
FCF growth 5Y22.9%
OCF growth 1Y-73.42%
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 -11.61% 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%.