M/I HOMES INC (MHO) Stock Fundamental Analysis
NYSE:MHO - US55305B1017 - Common Stock
156.91 USD
+3.06 (+1.99%)
156.91 USD
0 (0%)
Overall MHO gets a fundamental rating of 6 out of 10. We evaluated MHO against 62 industry peers in the Household Durables industry. MHO scores excellent points on both the profitability and health parts. This is a solid base for a good stock. MHO has a decent growth rate and is not valued too expensively.
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.
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's Return On Assets of 10.79% is amongst the best of the industry. MHO outperforms 85.25% of its industry peers.
Looking at the Return On Equity, with a value of 16.59%, MHO is in the better half of the industry, outperforming 72.13% of the companies in the same industry.
With a decent Return On Invested Capital value of 11.32%, MHO is doing good in the industry, outperforming 70.49% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for MHO is above the industry average of 10.51%.
| 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
MHO has a better Profit Margin (11.40%) than 88.52% of its industry peers.
MHO's Profit Margin has improved in the last couple of years.
MHO's Operating Margin of 14.32% is amongst the best of the industry. MHO outperforms 85.25% of its industry peers.
In the last couple of years the Operating Margin of MHO has grown nicely.
Looking at the Gross Margin, with a value of 25.53%, MHO is in line with its industry, outperforming 49.18% of the companies in the same industry.
MHO's Gross Margin has improved in the last couple of years.
| 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
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so MHO is still creating some value.
Compared to 1 year ago, MHO has less shares outstanding
MHO has less shares outstanding than it did 5 years ago.
Compared to 1 year ago, MHO has a worse debt to assets ratio.
2.2 Solvency
An Altman-Z score of 4.72 indicates that MHO is not in any danger for bankruptcy at the moment.
MHO has a better Altman-Z score (4.72) than 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.
The Debt to FCF ratio of MHO (7.33) 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.
The Debt to Equity ratio of MHO (0.32) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.32 | ||
| Debt/FCF | 7.33 | ||
| Altman-Z | 4.72 |
ROIC/WACC1.31
WACC8.66%
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.
The Quick ratio of MHO (2.09) is better than 90.16% 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 -0.92% 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.
The Revenue has been growing slightly by 7.46% in the past year.
The Revenue has been growing by 12.50% on average over the past years. This is quite good.
EPS 1Y (TTM)-0.92%
EPS 3Y14.04%
EPS 5Y33.72%
EPS Q2Q%-13.67%
Revenue 1Y (TTM)7.46%
Revenue growth 3Y6.34%
Revenue growth 5Y12.5%
Sales Q2Q%4.76%
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.
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 8.62, which indicates a very decent 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.
When comparing the Price/Earnings ratio of MHO to the average of the S&P500 Index (27.06), we can say MHO is valued rather cheaply.
The Price/Forward Earnings ratio is 8.47, which indicates a very decent valuation of MHO.
Based on the Price/Forward Earnings ratio, MHO is valued cheaply inside the industry as 91.80% of the companies are valued more expensively.
The average S&P500 Price/Forward Earnings ratio is at 22.69. MHO is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.62 | ||
| Fwd PE | 8.47 |
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 80.33% of the companies listed in the same industry.
The rest of the industry has a similar Price/Free Cash Flow ratio as MHO.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 31.25 | ||
| EV/EBITDA | 6.42 |
4.3 Compensation for Growth
The excellent profitability rating of MHO may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)0.26
EPS Next 2Y-3.04%
EPS Next 3Y2.48%
5. Dividend
5.1 Amount
MHO does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
156.91
+3.06 (+1.99%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Durables & Apparel
GICS IndustryHousehold Durables
Earnings (Last)
Earnings (Next)
Inst Owners98.3%
Inst Owner Change0.37%
Ins Owners2.41%
Ins Owner Change-0.19%
Market Cap4.14B
Analysts85.71
Price Target165.24 (5.31%)
Short Float %4.44%
Short Ratio3.68
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)2.1%
PT rev (3m)2.1%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-7.48%
EPS NY rev (1m)1.49%
EPS NY rev (3m)1.49%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-3.95%
Revenue NY rev (1m)2.11%
Revenue NY rev (3m)-0.79%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.62 | ||
| Fwd PE | 8.47 | ||
| P/S | 0.92 | ||
| P/FCF | 31.25 | ||
| P/OCF | 29.77 | ||
| P/B | 1.34 | ||
| P/tB | 1.35 | ||
| EV/EBITDA | 6.42 |
EPS(TTM)18.21
EY11.61%
EPS(NY)18.53
Fwd EY11.81%
FCF(TTM)5.02
FCFY3.2%
OCF(TTM)5.27
OCFY3.36%
SpS170.02
BVpS116.79
TBVpS116.17
PEG (NY)N/A
PEG (5Y)0.26
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%
ROICexcg growth 3Y1.84%
ROICexcg 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 | 4.72 |
F-Score5
WACC8.66%
ROIC/WACC1.31
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)-0.92%
EPS 3Y14.04%
EPS 5Y33.72%
EPS Q2Q%-13.67%
EPS Next Y-11.61%
EPS Next 2Y-3.04%
EPS Next 3Y2.48%
EPS Next 5YN/A
Revenue 1Y (TTM)7.46%
Revenue growth 3Y6.34%
Revenue growth 5Y12.5%
Sales Q2Q%4.76%
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%