XNYSMHO
Market cap3.38bUSD
Jan 10, Last price
124.13USD
1D
-2.93%
1Q
-23.76%
Jan 2017
392.97%
Name
M/I Homes Inc
Chart & Performance
Profile
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.
Valuation
Title USD in thousands, except ratios and share amounts | FY | FY | FY | FY | FY | FY | FY | FY | FY |
---|---|---|---|---|---|---|---|---|---|
2023‑12 | 2022‑12 | 2021‑12 | 2020‑12 | 2019‑12 | 2018‑12 | 2017‑12 | 2016‑12 | 2015‑12 | |
Income | |||||||||
Revenues | 4,033,502 -2.37% | 4,131,393 10.29% | |||||||
Cost of revenue | 3,446,280 | 3,493,942 | |||||||
Unusual Expense (Income) | |||||||||
NOPBT | 587,222 | 637,451 | |||||||
NOPBT Margin | 14.56% | 15.43% | |||||||
Operating Taxes | 141,912 | 144,545 | |||||||
Tax Rate | 24.17% | 22.68% | |||||||
NOPAT | 445,310 | 492,906 | |||||||
Net income | 465,365 -5.16% | 490,662 23.63% | |||||||
Dividends | |||||||||
Dividend yield | |||||||||
Proceeds from repurchase of equity | (65,344) | (53,968) | |||||||
BB yield | 1.65% | 4.11% | |||||||
Debt | |||||||||
Debt current | 10,864 | 307,051 | |||||||
Long-term debt | 963,856 | 1,060,827 | |||||||
Deferred revenue | 93,118 | ||||||||
Other long-term liabilities | 90,366 | 299,467 | |||||||
Net debt | 197,905 | 1,004,782 | |||||||
Cash flow | |||||||||
Cash from operating activities | 552,131 | 184,071 | |||||||
CAPEX | (5,769) | (9,333) | |||||||
Cash from investing activities | (18,632) | (27,380) | |||||||
Cash from financing activities | (112,237) | (81,517) | |||||||
FCF | 906,160 | 84,578 | |||||||
Balance | |||||||||
Cash | 732,804 | 311,542 | |||||||
Long term investments | 44,011 | 51,554 | |||||||
Excess cash | 575,140 | 156,526 | |||||||
Stockholders' equity | 2,301,649 | 1,836,284 | |||||||
Invested Capital | 3,168,358 | 3,613,352 | |||||||
ROIC | 13.13% | 14.34% | |||||||
ROCE | 15.69% | 16.80% | |||||||
EV | |||||||||
Common stock shares outstanding | 28,716 | 28,463 | |||||||
Price | 137.74 198.27% | 46.18 -25.73% | |||||||
Market cap | 3,955,342 200.92% | 1,314,421 -29.25% | |||||||
EV | 4,153,247 | 2,319,203 | |||||||
EBITDA | 601,716 | 652,057 | |||||||
EV/EBITDA | 6.90 | 3.56 | |||||||
Interest | 2,250 | ||||||||
Interest/NOPBT | 0.35% |