M/I Homes Statistics
Total Valuation
M/I Homes has a market cap or net worth of $3.09 billion. The enterprise value is $3.27 billion.
| Market Cap | 3.09B |
| Enterprise Value | 3.27B |
Important Dates
The next confirmed earnings date is Wednesday, April 24, 2024, before market open.
| Earnings Date | Apr 24, 2024 |
| Ex-Dividend Date | n/a |
Share Statistics
M/I Homes has 27.81 million shares outstanding. The number of shares has increased by 0.89% in one year.
| Shares Outstanding | 27.81M |
| Shares Change (YoY) | +0.89% |
| Shares Change (QoQ) | +0.46% |
| Owned by Insiders (%) | 2.41% |
| Owned by Institutions (%) | 102.75% |
| Float | 27.11M |
Valuation Ratios
The trailing PE ratio is 6.85 and the forward PE ratio is 6.72. M/I Homes's PEG ratio is 0.78.
| PE Ratio | 6.85 |
| Forward PE | 6.72 |
| PS Ratio | 0.77 |
| Forward PS | 0.74 |
| PB Ratio | 1.23 |
| P/FCF Ratio | 5.65 |
| PEG Ratio | 0.78 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 5.44, with an EV/FCF ratio of 5.99.
| EV / Earnings | 7.03 |
| EV / Sales | 0.81 |
| EV / EBITDA | 5.44 |
| EV / EBIT | 5.57 |
| EV / FCF | 5.99 |
Financial Position
| Current Ratio | n/a |
| Quick Ratio | n/a |
| Debt / Equity | 0.36 |
| Debt / EBITDA | 1.52 |
| Debt / FCF | 1.68 |
| Interest Coverage | -29.33 |
Financial Efficiency
Return on equity (ROE) is 19.80% and return on invested capital (ROIC) is 13.10%.
| Return on Equity (ROE) | 19.80% |
| Return on Assets (ROA) | 11.90% |
| Return on Capital (ROIC) | 13.10% |
| Revenue Per Employee | $2.51M |
| Profits Per Employee | $289,586 |
| Employee Count | 1,607 |
| Asset Turnover | 1.03 |
| Inventory Turnover | 1.07 |
Taxes
In the past 12 months, M/I Homes has paid $141.91 million in taxes.
| Income Tax | 141.91M |
| Effective Tax Rate | 23.37% |
Stock Price Statistics
The stock price has increased by +71.54% in the last 52 weeks. The beta is 2.14, so M/I Homes's price volatility has been higher than the market average.
| Beta (1Y) | 2.14 |
| 52-Week Price Change | +71.54% |
| 50-Day Moving Average | 123.35 |
| 200-Day Moving Average | 107.49 |
| Relative Strength Index (RSI) | 32.81 |
| Average Volume (30 Days) | 273,133 |
Short Selling Information
The latest short interest is 871,373, so 3.13% of the outstanding shares have been sold short.
| Short Interest | 871,373 |
| Short Previous Month | 796,431 |
| Short % of Shares Out | 3.13% |
| Short % of Float | 3.21% |
| Short Ratio (days to cover) | 3.54 |
Income Statement
In the last 12 months, M/I Homes had revenue of $4.03 billion and earned $465.37 million in profits. Earnings per share was $16.21.
| Revenue | 4.03B |
| Gross Profit | 1.02B |
| Operating Income | 587.26M |
| Pretax Income | 607.28M |
| Net Income | 465.37M |
| EBITDA | 601.75M |
| EBIT | 587.26M |
| Earnings Per Share (EPS) | $16.21 |
Balance Sheet
The company has $732.80 million in cash and $917.15 million in debt, giving a net cash position of -$184.35 million or -$6.63 per share.
| Cash & Cash Equivalents | 732.80M |
| Total Debt | 917.15M |
| Net Cash | -184.35M |
| Net Cash Per Share | -$6.63 |
| Equity / Book Value | 2.52B |
| Book Value Per Share | 90.51 |
| Working Capital | n/a |
Cash Flow
In the last 12 months, operating cash flow was $552.13 million and capital expenditures -$5.77 million, giving a free cash flow of $546.36 million.
| Operating Cash Flow | 552.13M |
| Capital Expenditures | -5.77M |
| Free Cash Flow | 546.36M |
| FCF Per Share | $19.68 |
Margins
Gross margin is 25.26%, with operating and profit margins of 14.56% and 11.54%.
| Gross Margin | 25.26% |
| Operating Margin | 14.56% |
| Pretax Margin | 15.06% |
| Profit Margin | 11.54% |
| EBITDA Margin | 14.92% |
| EBIT Margin | 14.56% |
| FCF Margin | 13.55% |
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 | -0.89% |
| Shareholder Yield | -0.89% |
| Earnings Yield | 15.06% |
| FCF Yield | 17.69% |
Analyst Forecast
The average price target for M/I Homes is $116.00, which is 4.42% higher than the current price. The consensus rating is "Hold".
| Price Target | $116.00 |
| Price Target Difference | 4.42% |
| Analyst Consensus | Hold |
| Analyst Count | 1 |
| 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
| Altman Z-Score | n/a |
| Piotroski F-Score | 5 |