M/I Homes Statistics
Total Valuation
M/I Homes has a market cap or net worth of $3.64 billion. The enterprise value is $3.91 billion.
| Market Cap | 3.64B |
| Enterprise Value | 3.91B |
Important Dates
The next confirmed earnings date is Wednesday, January 29, 2025, before market open.
| Earnings Date | Jan 29, 2025 |
| Ex-Dividend Date | n/a |
Share Statistics
M/I Homes has 27.21 million shares outstanding. The number of shares has increased by 1.02% in one year.
| Current Share Class | 27.21M |
| Shares Outstanding | 27.21M |
| Shares Change (YoY) | +1.02% |
| Shares Change (QoQ) | -0.47% |
| Owned by Insiders (%) | 2.12% |
| Owned by Institutions (%) | 97.80% |
| Float | 26.61M |
Valuation Ratios
The trailing PE ratio is 7.20 and the forward PE ratio is 6.60.
| PE Ratio | 7.20 |
| Forward PE | 6.60 |
| PS Ratio | 0.87 |
| Forward PS | 0.78 |
| PB Ratio | 1.28 |
| P/TBV Ratio | 1.29 |
| P/FCF Ratio | 29.70 |
| P/OCF Ratio | 27.98 |
| PEG Ratio | n/a |
Enterprise Valuation
The stock's EV/EBITDA ratio is 5.80, with an EV/FCF ratio of 31.84.
| EV / Earnings | 7.30 |
| EV / Sales | 0.91 |
| EV / EBITDA | 5.80 |
| EV / EBIT | 5.93 |
| EV / FCF | 31.84 |
Financial Position
The company has a current ratio of 7.61, with a Debt / Equity ratio of 0.35.
| Current Ratio | 7.61 |
| Quick Ratio | 1.34 |
| Debt / Equity | 0.35 |
| Debt / EBITDA | 1.46 |
| Debt / FCF | 8.04 |
| Interest Coverage | n/a |
Financial Efficiency
Return on equity (ROE) is 20.32% and return on invested capital (ROIC) is 11.42%.
| Return on Equity (ROE) | 20.32% |
| Return on Assets (ROA) | 9.73% |
| Return on Capital (ROIC) | 11.42% |
| Revenue Per Employee | $2.66M |
| Profits Per Employee | $333,253 |
| Employee Count | 1,607 |
| Asset Turnover | 1.01 |
| Inventory Turnover | 1.06 |
Taxes
In the past 12 months, M/I Homes has paid $165.49 million in taxes.
| Income Tax | 165.49M |
| Effective Tax Rate | 23.61% |
Stock Price Statistics
The stock price has increased by +4.57% in the last 52 weeks. The beta is 2.26, so M/I Homes's price volatility has been higher than the market average.
| Beta (5Y) | 2.26 |
| 52-Week Price Change | +4.57% |
| 50-Day Moving Average | 158.90 |
| 200-Day Moving Average | 142.93 |
| Relative Strength Index (RSI) | 25.18 |
| Average Volume (20 Days) | 314,970 |
Short Selling Information
The latest short interest is 1.08 million, so 3.96% of the outstanding shares have been sold short.
| Short Interest | 1.08M |
| Short Previous Month | 1.02M |
| Short % of Shares Out | 3.96% |
| Short % of Float | 4.05% |
| Short Ratio (days to cover) | 3.91 |
Income Statement
In the last 12 months, M/I Homes had revenue of $4.27 billion and earned $535.54 million in profits. Earnings per share was $18.62.
| Revenue | 4.27B |
| Gross Profit | 1.13B |
| Operating Income | 659.10M |
| Pretax Income | 690.32M |
| Net Income | 535.54M |
| EBITDA | 674.23M |
| EBIT | 659.10M |
| Earnings Per Share (EPS) | $18.62 |
Balance Sheet
The company has $723.04 million in cash and $986.81 million in debt, giving a net cash position of -$263.77 million or -$9.70 per share.
| Cash & Cash Equivalents | 723.04M |
| Total Debt | 986.81M |
| Net Cash | -263.77M |
| Net Cash Per Share | -$9.70 |
| Equity (Book Value) | 2.85B |
| Book Value Per Share | 104.59 |
| Working Capital | 3.56B |
Cash Flow
In the last 12 months, operating cash flow was $130.24 million and capital expenditures -$7.51 million, giving a free cash flow of $122.74 million.
| Operating Cash Flow | 130.24M |
| Capital Expenditures | -7.51M |
| Free Cash Flow | 122.74M |
| FCF Per Share | $4.51 |
Margins
Gross margin is 26.54%, with operating and profit margins of 15.43% and 12.54%.
| Gross Margin | 26.54% |
| Operating Margin | 15.43% |
| Pretax Margin | 16.41% |
| Profit Margin | 12.54% |
| EBITDA Margin | 15.78% |
| EBIT Margin | 15.43% |
| FCF Margin | 2.87% |
Dividends & Yields
M/I Homes does not appear to pay any dividends at this time.
| Dividend Per Share | n/a |
| Dividend Yield | n/a |
| Dividend Growth (YoY) | n/a |
| Years of Dividend Growth | n/a |
| Payout Ratio | n/a |
| Buyback Yield | -1.02% |
| Shareholder Yield | -1.02% |
| Earnings Yield | 14.69% |
| FCF Yield | 3.37% |
Analyst Forecast
The average price target for M/I Homes is $197.50, which is 47.42% higher than the current price. The consensus rating is "Buy".
| Price Target | $197.50 |
| Price Target Difference | 47.42% |
| Analyst Consensus | Buy |
| Analyst Count | 3 |
| Revenue Growth Forecast (5Y) | n/a |
| EPS Growth Forecast (5Y) | n/a |
Stock Splits
The last stock split was on June 20, 2002. It was a forward split with a ratio of 2:1.
| Last Split Date | Jun 20, 2002 |
| Split Type | Forward |
| Split Ratio | 2:1 |
Scores
M/I Homes has an Altman Z-Score of 4.55 and a Piotroski F-Score of 5.
| Altman Z-Score | 4.55 |
| Piotroski F-Score | 5 |