Stock AnalizM/i Homes, Inc. MHO
Homebuilding · IPO 1993 · data as of November 13, 2026
M/i Homes, Inc. (MHO) is a consumer discretionary company listed in the US with a market value of about $3.2B. In the twelve months to September 30, 2026 it had revenue of $4.2B and net income of $277M, a net margin of 6.6%.
Its overall Stock Analiz score is 2.6 out of 5 (average). The strongest part is financial health (5/5); the weakest is future growth (0/5).
Key numbers: a P/E of 12.0, a price to free cash flow of 23.2, 5-year revenue growth of 8% a year, a 5-year average ROIC of 19%. A discounted cash flow model with moderate assumptions puts its intrinsic value about 44% below the current price.
Score: 2.6 / 5
Checks passed
- P/E below 25
- P/E below the industry median
- PEG below 1.5
- 5-year EPS growth above 10% a year
- 5-year average ROIC above 12%
- Profitable 5 years in a row
- More cash than debt, or low debt to equity
- Positive free cash flow
Checks not passed
- P/FCF below 20
- Price below intrinsic value (DCF, moderate assumptions)
- Revenue growth above 10% last year
- 3-year revenue growth above 10% a year
- Profit margin improving
- 3-year free cash flow growth above 10% a year
- Strong R&D investment or growth above 20%
- 5-year revenue growth above 8% a year
Valuation
Growth and quality
Financials, last 10 years
| Fiscal year | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $4.2B | $4.4B | $4.5B | $4.0B | $4.1B | $3.7B | $3.0B | $2.5B | $2.3B | $2.0B | $1.7B |
| Net income | $277M | $403M | $564M | $465M | $491M | $397M | $240M | $128M | $108M | $72M | $57M |
| Free cash flow | $137M | $128M | $171M | $546M | $175M | -$42M | $157M | $61M | -$11M | -$62M | $21M |
| EPS (diluted) | $10.55 | $14.74 | $19.71 | $16.21 | $17.24 | $13.28 | $8.23 | $4.48 | $3.70 | $2.26 | $1.84 |
| Net margin | 6.6% | 9.1% | 12.5% | 11.5% | 11.9% | 10.6% | 7.9% | 5.1% | 4.7% | 3.7% | 3.4% |
| ROIC | — | 12.4% | 18.6% | 18.0% | 23.6% | 24.4% | 19.2% | 14.5% | 15.0% | 14.6% | 9.0% |
From the company’s 10-K and 10-Q filings with the SEC. TTM = trailing twelve months.
What analysts expect
The average 12-month price target from 3 analysts is $156.67, 23% above the current price; targets range from $150.00 to $165.00; the consensus rating is “none”; expected EPS is $10.67 for the fiscal year ending December 31, 2026.
Frequently asked questions
What is M/i Homes’s P/E ratio?
About 12.0, based on the last twelve months of diluted earnings per share (forward P/E about 12.5).
Is M/i Homes stock undervalued?
Our DCF model with moderate assumptions puts its intrinsic value about 44% below the current market value. A model is a range, not a promise; try your own assumptions in the DCF calculator.
Does M/i Homes pay a dividend?
Not currently.
Is M/i Homes a good stock to buy?
We do not give buy or sell advice. M/i Homes scores 2.6 out of 5 on our five checks (value, growth, track record, financial health and shareholder returns); the checks above show why.
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Generated from SEC filings, analyst consensus estimates and market prices, rebuilt every day. Educational information, not investment advice.