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. 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 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.
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 has a Return On Equity of 15.00%. This is in the better half of the industry: MHO outperforms 73.77% of its industry peers.
With a decent Return On Invested Capital value of 10.40%, MHO is doing good in 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 9.73%.
| 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.
With an excellent Operating Margin value of 13.31%, MHO belongs to the best of the industry, outperforming 81.97% of the companies in the same industry.
MHO's Operating Margin has improved in the last couple of years.
MHO has a Gross Margin (24.72%) which is in line with 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
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), MHO is creating some value.
The number of shares outstanding for MHO has been reduced compared to 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
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 Altman-Z score of 4.53. This is in the better half of the industry: MHO outperforms 75.41% of its industry peers.
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's Debt to FCF ratio of 3.82 is fine compared to the rest 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.
MHO has a Debt to Equity ratio (0.29) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.29 | ||
| Debt/FCF | 3.82 | ||
| Altman-Z | 4.53 |
ROIC/WACC1.24
WACC8.41%
2.3 Liquidity
A Current Ratio of 11.16 indicates that MHO has no problem at all paying 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 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
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%.
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.
Based on estimates for the next years, MHO will show a small growth in Revenue. The Revenue will grow by 0.81% on average per year.
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
The Price/Earnings ratio is 7.75, which indicates a rather cheap valuation of MHO.
Compared to the rest of the industry, the Price/Earnings ratio of MHO indicates a rather cheap valuation: MHO is cheaper than 85.25% of the companies listed in the same industry.
The average S&P500 Price/Earnings ratio is at 26.49. MHO is valued rather cheaply when compared to this.
The Price/Forward Earnings ratio is 8.53, which indicates a very decent valuation of MHO.
Based on the Price/Forward Earnings ratio, MHO is valued cheaper than 91.80% of the companies in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 23.69. MHO is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.75 | ||
| Fwd PE | 8.53 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, MHO is valued cheaply inside the industry as 88.52% of the companies are valued more expensively.
Based on the Price/Free Cash Flow ratio, MHO is valued a bit cheaper than the industry average as 67.21% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 14.37 | ||
| EV/EBITDA | 6.02 |
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-10.88%
EPS Next 3Y-1.34%
5. Dividend
5.1 Amount
MHO does not give a dividend.
| 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
WACC8.41%
ROIC/WACC1.24
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%.