M/I HOMES INC (MHO) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:MHO - US55305B1017 - Common Stock
133.58 USD
-0.94 (-0.7%)
133.58 USD
0 (0%)
Taking everything into account, MHO scores 6 out of 10 in our fundamental rating. MHO was compared to 61 industry peers in the Household Durables industry. Both the health and profitability get an excellent rating, making MHO a very profitable company, without any liquidiy or solvency issues. MHO is valued quite cheap, while showing a decent growth score. This is a good combination! These ratings would make MHO suitable 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.
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 Return On Assets of 9.91%. This is amongst the best in the industry. MHO outperforms 83.61% of its industry peers.
The Return On Equity of MHO (15.00%) is better than 73.77% of its industry peers.
MHO has a Return On Invested Capital of 10.40%. This is in the better half of the industry: MHO outperforms 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 9.73%.
| 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.
MHO's Profit Margin has improved in the last couple of years.
The Operating Margin of MHO (13.31%) is better than 81.97% of its industry peers.
MHO's Operating Margin has improved in the last couple of years.
With a Gross Margin value of 24.72%, MHO perfoms like the industry average, outperforming 47.54% 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
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.
MHO has less shares outstanding than it did 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 4.53. This indicates that MHO is financially healthy and has little risk of bankruptcy at the moment.
MHO has a better Altman-Z score (4.53) than 75.41% 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.
MHO has a Debt to FCF ratio of 3.82. This is in the better half of the industry: MHO outperforms 62.30% of its industry peers.
MHO has a Debt/Equity ratio of 0.29. This is a healthy value indicating a solid balance between debt and equity.
With a Debt to Equity ratio value of 0.29, MHO perfoms like the industry average, outperforming 54.10% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.29 | ||
| Debt/FCF | 3.82 | ||
| Altman-Z | 4.53 |
ROIC/WACC1.18
WACC8.78%
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.
With an excellent Current ratio value of 11.16, MHO belongs to the best of the industry, outperforming 96.72% of the companies in the same industry.
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
The earnings per share for MHO have decreased by -7.61% in the last year.
Measured over the past years, MHO shows a very strong growth in Earnings Per Share. The EPS has been growing by 33.72% on average per year.
MHO shows a small growth in Revenue. In the last year, the Revenue has grown by 4.77%.
MHO shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 12.50% yearly.
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
The Earnings Per Share is expected to decrease by -1.34% on average over the next years.
The Revenue is expected to grow by 0.81% on average over the next years.
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
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
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
Based on the Price/Earnings ratio of 7.75, the valuation of MHO can be described as very cheap.
MHO's Price/Earnings ratio is rather cheap when compared to the industry. MHO is cheaper than 85.25% of the companies in the same industry.
When comparing the Price/Earnings ratio of MHO to the average of the S&P500 Index (26.49), we can say MHO is valued rather cheaply.
A Price/Forward Earnings ratio of 8.53 indicates a reasonable valuation of MHO.
MHO's Price/Forward Earnings ratio is rather cheap when compared to the industry. MHO is cheaper than 91.80% of the companies in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 23.69, MHO is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.75 | ||
| Fwd PE | 8.53 |
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 88.52% of the companies listed in the same industry.
67.21% 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 | 14.37 | ||
| EV/EBITDA | 6.02 |
4.3 Compensation for Growth
The excellent profitability rating of MHO may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)0.23
EPS Next 2Y-10.88%
EPS Next 3Y-1.34%
5. Dividend
5.1 Amount
No dividends for MHO!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
133.58
-0.94 (-0.7%)
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-0.19%
Market Cap3.49B
Revenue(TTM)4.48B
Net Income(TTM)472.44M
Analysts85.71
Price Target166.94 (24.97%)
Short Float %4.23%
Short Ratio4.64
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)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 | 7.75 | ||
| Fwd PE | 8.53 | ||
| P/S | 0.78 | ||
| P/FCF | 14.37 | ||
| P/OCF | 13.95 | ||
| P/B | 1.11 | ||
| P/tB | 1.11 | ||
| EV/EBITDA | 6.02 |
EPS(TTM)17.24
EY12.91%
EPS(NY)15.66
Fwd EY11.72%
FCF(TTM)9.29
FCFY6.96%
OCF(TTM)9.58
OCFY7.17%
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 | 4.53 |
F-Score5
WACC8.78%
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.
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 -15.45% 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%.