M/I Homes, Inc. Logo

M/I Homes, Inc.

MHO

(3.8)
Stock Price

172,21 USD

12.3% ROA

19.75% ROE

7.48x PER

Market Cap.

3.662.356.235,00 USD

39.31% DER

0% Yield

11.53% NPM

M/I Homes, Inc. Stock Analysis

M/I Homes, Inc. Fundamental Analysis

Fundamental analysis in stock investing is like studying the foundation of a house before buying it. It involves looking at a company's financial health, like its earnings, assets, and debts, to determine if it's a good investment based on its fundamental strength and potential for growth.

M/I Homes, Inc. Fundamental Stock Analysis
# Analysis Rating
1 ROE

ROE surpassing expectations (21.85%) highlights strong profitability and efficient use of shareholders' equity, making it an appealing investment prospect.

2 ROA

This stock has a great ability to make a lot of money from the things it owns, which makes it a really good investment for smart investors.

3 DER

The stock has a low debt to equity ratio (39%), which means it has a small amount of debt compared to the ownership it holds

4 Revenue Growth

Over the past five years, this company's revenue has consistently increased, demonstrating a robust financial performance that makes it an appealing opportunity.

5 Net Profit Growth

This company has consistently achieved strong net profit growth over the past five years, demonstrating a solid financial performance and making it an appealing investment option.

6 Assets Growth

This company's revenue has experienced steady growth over the last five years, indicating a reliable and prosperous financial trajectory.

7 PBV

The stock's PBV ratio (1.2x) indicates a justifiable valuation, presenting a compelling choice for investors seeking reasonable returns.

8 Graham Number

The company's Graham number indicates that it is undervalued compared to its stock price, suggesting a potentially favorable investment opportunity.

9 Buffet Intrinsic Value

Based on Warren Buffett's formula, the company's stock appears undervalued (1.333), presenting an attractive investment chance with its intrinsic value surpassing the current market price.

10 Dividend Growth

The company's dividend growth has remained unchanged for three years, signaling a lack of positive momentum and making it a less favorable investment choice.

11 Dividend

The company's lack of dividends in the past three years may concern investors seeking regular income.

M/I Homes, Inc. Technical Analysis

Technical analysis in stock investing is like reading the patterns on a weather map to predict future weather conditions. It involves studying past stock price movements and trading volumes to make predictions about where a stock's price might go next, without necessarily looking at the company's financial health.

M/I Homes, Inc. Technical Stock Analysis
# Analysis Recommendation
1 Awesome Oscillator Buy
2 MACD Buy
3 RSI Hold
4 Stoch RSI Sell

M/I Homes, Inc. Price Chart

Financial Statements

Financial statements are like report cards for companies. They show how much money a company makes (income statement), what it owns and owes (balance sheet), and where it spends its money (cash flow statement), helping stock investors understand if a company is healthy and worth investing in.

Income Statements

An income statement for a company is like a scoreboard for its profits and losses. It shows how much money the company made (revenue) and how much it spent to make that money (expenses), helping stock investors see if a company is making a profit or not.

Revenue in stock investing is the total amount of money a company earns from its sales, and it's a key factor that investors consider to assess a company's financial performance and growth potential.

M/I Homes, Inc. Revenue
Year Revenue Growth
1993 446.100.000
1994 491.700.000 9.27%
1995 527.800.000 6.84%
1996 577.200.000 8.56%
1997 614.000.000 5.99%
1998 739.600.000 16.98%
1999 852.400.000 13.23%
2000 935.039.000 8.84%
2001 976.766.000 4.27%
2002 1.033.025.000 5.45%
2003 1.069.563.000 3.42%
2004 1.174.635.000 8.95%
2005 1.347.646.000 12.84%
2006 1.359.293.000 0.86%
2007 1.016.460.000 -33.73%
2008 607.659.000 -67.27%
2009 569.949.000 -6.62%
2010 616.377.000 7.53%
2011 566.424.000 -8.82%
2012 761.905.000 25.66%
2013 1.036.782.000 26.51%
2014 1.215.180.000 14.68%
2015 1.418.395.000 14.33%
2016 1.691.327.000 16.14%
2017 1.961.971.000 13.79%
2018 2.286.282.000 14.19%
2019 2.500.290.000 8.56%
2020 3.046.145.000 17.92%
2021 3.745.887.000 18.68%
2022 4.131.393.000 9.33%
2023 4.185.484.000 1.29%

Research and Development Expenses are the costs a company incurs to create and improve its products or services, which can be important for investors to evaluate a company's innovation and potential for future growth.

M/I Homes, Inc. Research and Development Expenses
Year Research and Development Expenses Growth
1993 0
1994 0 0%
1995 0 0%
1996 0 0%
1997 0 0%
1998 0 0%
1999 0 0%
2000 0 0%
2001 0 0%
2002 0 0%
2003 0 0%
2004 0 0%
2005 0 0%
2006 0 0%
2007 0 0%
2008 0 0%
2009 0 0%
2010 0 0%
2011 0 0%
2012 0 0%
2013 0 0%
2014 0 0%
2015 0 0%
2016 0 0%
2017 0 0%
2018 0 0%
2019 0 0%
2020 0 0%
2021 0 0%
2022 0 0%
2023 0 0%

General and Administrative Expenses are the costs a company incurs to run its day-to-day operations, such as office rent, salaries, and utilities, which investors consider to understand a company's overall efficiency and management effectiveness.

M/I Homes, Inc. General and Administrative Expenses
Year General and Administrative Expenses Growth
1993 0
1994 0 0%
1995 65.200.000 100%
1996 72.900.000 10.56%
1997 78.200.000 6.78%
1998 91.400.000 14.44%
1999 101.400.000 9.86%
2000 108.054.000 6.16%
2001 120.344.000 10.21%
2002 126.263.000 4.69%
2003 128.101.000 1.43%
2004 139.382.000 8.09%
2005 164.588.000 15.31%
2006 196.658.000 16.31%
2007 171.020.000 -14.99%
2008 77.458.000 -120.79%
2009 59.170.000 -30.91%
2010 53.958.000 -9.66%
2011 52.664.000 -2.46%
2012 62.627.000 15.91%
2013 79.494.000 21.22%
2014 88.830.000 10.51%
2015 93.208.000 4.7%
2016 111.600.000 16.48%
2017 126.282.000 11.63%
2018 137.779.000 8.34%
2019 147.954.000 6.88%
2020 177.547.000 16.67%
2021 192.009.000 7.53%
2022 214.811.000 10.61%
2023 223.468.000 3.87%

EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It is a measure that helps stock investors analyze a company's profitability by looking at its earnings without considering certain expenses. This helps to get a clearer picture of the company's financial performance and its ability to generate cash flow.

M/I Homes, Inc. EBITDA
Year EBITDA Growth
1993 30.200.000
1994 30.700.000 1.63%
1995 32.400.000 5.25%
1996 37.600.000 13.83%
1997 42.800.000 12.15%
1998 61.500.000 30.41%
1999 85.300.000 27.9%
2000 93.041.000 8.32%
2001 103.219.000 9.86%
2002 125.249.000 17.59%
2003 147.118.000 14.86%
2004 162.087.000 9.24%
2005 180.033.000 9.97%
2006 226.597.000 20.55%
2007 169.214.000 -33.91%
2008 607.659.000 72.15%
2009 -83.581.000 827.03%
2010 10.683.000 882.37%
2011 -18.897.000 156.53%
2012 28.830.000 165.55%
2013 58.999.000 51.13%
2014 83.101.000 29%
2015 112.292.000 26%
2016 109.383.000 -2.66%
2017 139.198.000 21.42%
2018 163.473.000 14.85%
2019 187.400.000 12.77%
2020 319.727.000 41.39%
2021 520.342.000 38.55%
2022 637.457.000 18.37%
2023 688.524.000 7.42%

Gross profit is the money a company makes from selling its products or services after subtracting the cost of producing or providing them, and it is an important measure for investors to understand a company's profitability.

M/I Homes, Inc. Gross Profit
Year Gross Profit Growth
1993 82.200.000
1994 89.700.000 8.36%
1995 97.600.000 8.09%
1996 110.500.000 11.67%
1997 121.000.000 8.68%
1998 152.900.000 20.86%
1999 186.700.000 18.1%
2000 201.095.000 7.16%
2001 221.554.000 9.23%
2002 249.273.000 11.12%
2003 272.837.000 8.64%
2004 299.021.000 8.76%
2005 340.123.000 12.08%
2006 344.774.000 1.35%
2007 183.864.000 -87.52%
2008 -77.805.000 336.31%
2009 19.539.000 498.2%
2010 104.969.000 81.39%
2011 77.301.000 -35.79%
2012 147.863.000 47.72%
2013 206.469.000 28.38%
2014 252.732.000 18.31%
2015 300.094.000 15.78%
2016 329.152.000 8.83%
2017 393.268.000 16.3%
2018 443.769.000 11.38%
2019 489.427.000 9.33%
2020 676.343.000 27.64%
2021 908.915.000 25.59%
2022 1.043.842.000 12.93%
2023 1.126.932.000 7.37%

Net income in stock investing is like the money a company actually gets to keep as profit after paying all its bills, and it's an important measure to understand how well a company is doing financially.

M/I Homes, Inc. Net Profit
Year Net Profit Growth
1993 16.100.000
1994 11.600.000 -38.79%
1995 9.900.000 -17.17%
1996 12.800.000 22.66%
1997 17.400.000 26.44%
1998 27.700.000 37.18%
1999 41.600.000 33.41%
2000 44.444.000 6.4%
2001 55.282.000 19.6%
2002 66.612.000 17.01%
2003 81.730.000 18.5%
2004 91.534.000 10.71%
2005 100.785.000 9.18%
2006 38.875.000 -159.25%
2007 -128.126.000 130.34%
2008 -245.448.000 47.8%
2009 -62.109.000 -295.19%
2010 -26.269.000 -136.43%
2011 -33.877.000 22.46%
2012 13.347.000 353.82%
2013 151.423.000 91.19%
2014 50.789.000 -198.14%
2015 51.763.000 1.88%
2016 56.609.000 8.56%
2017 72.081.000 21.46%
2018 107.663.000 33.05%
2019 127.587.000 15.62%
2020 239.874.000 46.81%
2021 396.868.000 39.56%
2022 490.662.000 19.12%
2023 556.064.000 11.76%

EPS, or earnings per share, is a measure that shows how much profit a company has earned for each outstanding share of its stock, and it is important for stock investors as it helps understand the profitability of a company and compare it with other companies in the market.

M/I Homes, Inc. Earning per Share (EPS)
Year Earning per Share (EPS) Growth
1993 0
1994 0 0%
1995 0 0%
1996 1 0%
1997 1 100%
1998 2 0%
1999 2 50%
2000 3 0%
2001 2 -100%
2002 4 75%
2003 6 20%
2004 6 16.67%
2005 7 14.29%
2006 3 -250%
2007 -9 122.22%
2008 -18 47.06%
2009 -4 -466.67%
2010 -1 -200%
2011 -2 0%
2012 1 0%
2013 6 100%
2014 2 -500%
2015 2 0%
2016 2 50%
2017 3 0%
2018 4 33.33%
2019 5 25%
2020 8 50%
2021 14 38.46%
2022 18 23.53%
2023 20 10.53%

Cashflow Statements

Cashflow statements show the movement of money in and out of a company, helping stock investors understand how much money a company makes and spends. By examining cashflow statements, investors can assess if a company is generating enough cash to pay its bills, invest in growth, and provide returns to stockholders.

Free cash flow is the leftover cash that a company generates after covering its operating expenses and capital expenditures, which is important for stock investors as it shows how much money a company has available to invest in growth, pay dividends, or reduce debt.

M/I Homes, Inc. Free Cashflow
Year Free Cashflow Growth
1993 -11.800.000
1994 -21.900.000 46.12%
1995 13.900.000 257.55%
1996 12.900.000 -7.75%
1997 -5.100.000 352.94%
1998 8.200.000 162.2%
1999 -29.100.000 128.18%
2000 51.594.000 156.4%
2001 39.692.000 -29.99%
2002 115.682.000 65.69%
2003 -54.483.000 312.33%
2004 -79.603.000 31.56%
2005 -96.484.000 17.5%
2006 -108.818.000 11.33%
2007 197.750.000 155.03%
2008 144.928.000 -36.45%
2009 64.473.000 -124.79%
2010 -38.862.000 265.9%
2011 -35.313.000 -10.05%
2012 -47.928.000 26.32%
2013 -76.356.000 37.23%
2014 -135.621.000 43.7%
2015 -85.818.000 -58.03%
2016 21.091.000 506.89%
2017 -61.329.000 134.39%
2018 -10.733.000 -471.41%
2019 61.105.000 117.56%
2020 156.657.000 60.99%
2021 -42.124.000 471.89%
2022 174.738.000 124.11%
2023 77.050.000 -126.79%

Operating cash flow represents the cash generated or consumed by a company's day-to-day operations, excluding external investing or financing activities, and is crucial for stock investors as it shows how much cash a company is generating from its core business operations.

M/I Homes, Inc. Operating Cashflow
Year Operating Cashflow Growth
1993 -10.400.000
1994 -19.800.000 47.47%
1995 14.600.000 235.62%
1996 13.500.000 -8.15%
1997 3.400.000 -297.06%
1998 9.400.000 63.83%
1999 -27.600.000 134.06%
2000 52.504.000 152.57%
2001 45.797.000 -14.65%
2002 116.493.000 60.69%
2003 -38.740.000 400.7%
2004 -77.919.000 50.28%
2005 -92.639.000 15.89%
2006 -104.012.000 10.93%
2007 202.211.000 151.44%
2008 148.875.000 -35.83%
2009 68.481.000 -117.4%
2010 -37.302.000 283.59%
2011 -33.961.000 -9.84%
2012 -46.995.000 27.73%
2013 -73.974.000 36.47%
2014 -132.675.000 44.24%
2015 -82.159.000 -61.49%
2016 34.197.000 340.25%
2017 -52.530.000 165.1%
2018 -2.592.000 -1926.62%
2019 65.631.000 103.95%
2020 168.334.000 61.01%
2021 -16.823.000 1100.62%
2022 184.071.000 109.14%
2023 79.541.000 -131.42%

Capex, short for capital expenditures, refers to the money a company spends on acquiring or upgrading tangible assets like buildings, equipment, or technology, which is important for stock investors as it indicates how much a company is investing in its infrastructure to support future growth and profitability.

M/I Homes, Inc. Capital Expenditure
Year Capital Expenditure Growth
1993 1.400.000
1994 2.100.000 33.33%
1995 700.000 -200%
1996 600.000 -16.67%
1997 8.500.000 92.94%
1998 1.200.000 -608.33%
1999 1.500.000 20%
2000 910.000 -64.84%
2001 6.105.000 85.09%
2002 811.000 -652.77%
2003 15.743.000 94.85%
2004 1.684.000 -834.86%
2005 3.845.000 56.2%
2006 4.806.000 20%
2007 4.461.000 -7.73%
2008 3.947.000 -13.02%
2009 4.008.000 1.52%
2010 1.560.000 -156.92%
2011 1.352.000 -15.38%
2012 933.000 -44.91%
2013 2.382.000 60.83%
2014 2.946.000 19.14%
2015 3.659.000 19.49%
2016 13.106.000 72.08%
2017 8.799.000 -48.95%
2018 8.141.000 -8.08%
2019 4.526.000 -79.87%
2020 11.677.000 61.24%
2021 25.301.000 53.85%
2022 9.333.000 -171.09%
2023 2.491.000 -274.67%

Balance Sheet

Balance sheets provide a snapshot of a company's financial health and its assets (such as cash, inventory, and property) and liabilities (like debts and obligations) at a specific point in time. For stock investors, balance sheets help assess the company's overall worth and evaluate its ability to meet financial obligations and support future growth.

Equity refers to the ownership interest or stake that shareholders have in a company, representing their claim on its assets and earnings after all debts and liabilities are paid.

M/I Homes, Inc. Equity
Year Equity Growth
1993 79.100.000
1994 89.600.000 11.72%
1995 99.500.000 9.95%
1996 112.300.000 11.4%
1997 115.500.000 2.77%
1998 166.600.000 30.67%
1999 200.500.000 16.91%
2000 228.889.000 12.4%
2001 279.891.000 18.22%
2002 339.729.000 17.61%
2003 402.409.000 15.58%
2004 487.611.000 17.47%
2005 592.568.000 17.71%
2006 617.052.000 3.97%
2007 581.345.000 -6.14%
2008 333.061.000 -74.55%
2009 326.763.000 -1.93%
2010 303.491.000 -7.67%
2011 273.350.000 -11.03%
2012 335.428.000 18.51%
2013 492.803.000 31.93%
2014 544.295.000 9.46%
2015 596.566.000 8.76%
2016 654.174.000 8.81%
2017 747.298.000 12.46%
2018 855.303.000 12.63%
2019 1.003.477.000 14.77%
2020 1.258.698.000 20.28%
2021 1.624.184.000 22.5%
2022 2.070.725.000 21.56%
2023 2.425.712.000 14.63%

Assets represent the valuable resources that a company owns, such as cash, inventory, property, and equipment, and understanding a company's assets helps investors assess its value and potential for generating future profits.

M/I Homes, Inc. Assets
Year Assets Growth
1993 228.000.000
1994 277.600.000 17.87%
1995 281.100.000 1.25%
1996 305.400.000 7.96%
1997 366.000.000 16.56%
1998 427.100.000 14.31%
1999 531.600.000 19.66%
2000 567.642.000 6.35%
2001 612.110.000 7.26%
2002 578.458.000 -5.82%
2003 746.872.000 22.55%
2004 978.526.000 23.67%
2005 1.329.678.000 26.41%
2006 1.477.079.000 9.98%
2007 1.117.645.000 -32.16%
2008 693.288.000 -61.21%
2009 663.828.000 -4.44%
2010 661.894.000 -0.29%
2011 664.485.000 0.39%
2012 831.300.000 20.07%
2013 1.110.176.000 25.12%
2014 1.211.410.000 8.36%
2015 1.415.554.000 14.42%
2016 1.548.511.000 8.59%
2017 1.864.771.000 16.96%
2018 2.021.581.000 7.76%
2019 2.105.594.000 3.99%
2020 2.643.045.000 20.33%
2021 3.239.853.000 18.42%
2022 3.714.923.000 12.79%
2023 4.003.368.000 7.21%

Liabilities refer to the financial obligations or debts that a company owes to creditors or external parties, and understanding a company's liabilities is important for investors as it helps assess the company's financial risk and ability to meet its obligations.

M/I Homes, Inc. Liabilities
Year Liabilities Growth
1993 148.900.000
1994 188.000.000 20.8%
1995 181.600.000 -3.52%
1996 193.100.000 5.96%
1997 250.500.000 22.91%
1998 260.500.000 3.84%
1999 331.100.000 21.32%
2000 338.753.000 2.26%
2001 332.219.000 -1.97%
2002 238.729.000 -39.16%
2003 344.463.000 30.7%
2004 490.915.000 29.83%
2005 737.110.000 33.4%
2006 860.027.000 14.29%
2007 536.300.000 -60.36%
2008 360.227.000 -48.88%
2009 337.065.000 -6.87%
2010 358.403.000 5.95%
2011 391.135.000 8.37%
2012 495.872.000 21.12%
2013 617.373.000 19.68%
2014 667.115.000 7.46%
2015 818.988.000 18.54%
2016 894.337.000 8.43%
2017 1.117.473.000 19.97%
2018 1.166.278.000 4.18%
2019 1.102.117.000 -5.82%
2020 1.384.347.000 20.39%
2021 1.615.669.000 14.32%
2022 1.644.198.000 1.74%
2023 1.577.656.000 -4.22%

M/I Homes, Inc. Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
153.28
Net Income per Share
17.57
Price to Earning Ratio
7.48x
Price To Sales Ratio
0.86x
POCF Ratio
5.28
PFCF Ratio
5.34
Price to Book Ratio
1.51
EV to Sales
0.91
EV Over EBITDA
6.24
EV to Operating CashFlow
5.58
EV to FreeCashFlow
5.66
Earnings Yield
0.13
FreeCashFlow Yield
0.19
Market Cap
3,66 Bil.
Enterprise Value
3,88 Bil.
Graham Number
185.39
Graham NetNet
18.94

Income Statement Metrics

Net Income per Share
17.57
Income Quality
1.42
ROE
0.22
Return On Assets
0.12
Return On Capital Employed
0.17
Net Income per EBT
0.77
EBT Per Ebit
1.03
Ebit per Revenue
0.15
Effective Tax Rate
0.23

Margins

Sales, General, & Administrative to Revenue
0.05
Research & Developement to Revenue
0
Stock Based Compensation to Revenue
0
Gross Profit Margin
0.25
Operating Profit Margin
0.15
Pretax Profit Margin
0.15
Net Profit Margin
0.12

Dividends

Dividend Yield
0
Dividend Yield %
0
Payout Ratio
0
Dividend Per Share
0

Operating Metrics

Operating Cashflow per Share
24.92
Free CashFlow per Share
24.56
Capex to Operating CashFlow
-0.01
Capex to Revenue
-0
Capex to Depreciation
-0.69
Return on Invested Capital
0.14
Return on Tangible Assets
0.12
Days Sales Outstanding
0
Days Payables Outstanding
28.37
Days of Inventory on Hand
309.8
Receivables Turnover
0
Payables Turnover
12.87
Inventory Turnover
1.18
Capex per Share
-0.36

Balance Sheet

Cash per Share
26,37
Book Value per Share
86,92
Tangible Book Value per Share
86.33
Shareholders Equity per Share
86.92
Interest Debt per Share
33.74
Debt to Equity
0.39
Debt to Assets
0.24
Net Debt to EBITDA
0.35
Current Ratio
14.68
Tangible Asset Value
2,41 Bil.
Net Current Asset Value
2,11 Bil.
Invested Capital
0.39
Working Capital
3,43 Bil.
Intangibles to Total Assets
0
Average Receivables
0,00 Bil.
Average Payables
0,26 Bil.
Average Inventory
2713771000
Debt to Market Cap
0.26

Dividends

Dividends in stock investing are like rewards that companies give to their shareholders. They are a portion of the company's profits distributed to investors, typically in the form of cash payments, as a way for them to share in the company's success.

M/I Homes, Inc. Dividends
Year Dividends Growth
1998 0
1999 0 0%
2000 0 0%
2001 0 0%
2002 0 0%
2003 0 0%
2004 0 0%
2005 0 0%
2006 0 0%
2007 0 0%
2008 0 0%

M/I Homes, Inc. Profile

About M/I Homes, Inc.

M/I Homes, Inc., together with its subsidiaries, operates as a builder of single-family homes in Ohio, Indiana, Illinois, Minnesota, Michigan, Florida, Texas, North Carolina, and Tennessee. The company operates through Northern Homebuilding, Southern Homebuilding, and Financial Services segments. It designs, constructs, markets, and sells single-family homes and attached townhomes to first-time, millennial, move-up, empty-nester, and luxury buyers under the M/I Homes brand name. The company also purchases undeveloped land to develop into developed lots for the construction of single-family homes, as well as for sale to others. In addition, it originates and sells mortgages; and serves as a title insurance agent by providing title insurance policies, examination, and closing services to purchasers of its homes. The company was formerly known as M/I Schottenstein Homes, Inc. and changed its name to M/I Homes, Inc. in January 2004. M/I Homes, Inc. was founded in 1976 and is based in Columbus, Ohio.

CEO
Mr. Robert H. Schottenstein
Employee
1.607
Address
4131 Worth Avenue
Columbus, 43219-6011

M/I Homes, Inc. Executives & BODs

M/I Homes, Inc. Executives & BODs
# Name Age
1 Kevin Brown
Area President
70
2 Mr. Derek J. Klutch
President & Chief Executive Officer of M/I Financial
70
3 Mr. Kevin C. Hake
Senior Vice President of Finance & Business Development
70
4 Ms. Ann Marie W. Hunker
Vice President, Chief Accounting Officer & Corporate Controller
70
5 Mark Kirkendall
Vice President & Treasurer
70
6 Ms. Susan E. Krohne
Senior Vice President, Chief Legal Officer & Secretary
70
7 Mr. Fred J. Sikorski
Region President of Columbus, Sarasota, Tampa, Orlando, Raleigh, Charlotte & WA D.C. Divisions
70
8 Mr. Robert H. Schottenstein
Chairman, President & Chief Executive Officer
70
9 Mr. Thomas W. Jacobs
Region President, Austin, Dallas, Houston, San Antonio, Chicago, Minneapolis & St. Paul Divisions
70
10 Mr. Phillip G. Creek
Executive Vice President, Chief Financial Officer & Director
70

M/I Homes, Inc. Competitors