M/I Homes Inc (MHO) Files 10-K for the Fiscal Year Ended on December 31, 2017
- By insider
M/I Homes Inc (MHO) files its latest 10-K with SEC for the fiscal year ended on December 31, 2017. M/I Homes Inc is a part of the residential construction industry. It primarily builds single-family residential properties for the purpose of sale. M/I Homes Inc has a market cap of $884.790 million; its shares were traded at around $32.15 with a P/E ratio of 14.17 and P/S ratio of 0.51.
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The intrinsic value of MHO
For the last quarter M/I Homes Inc reported a revenue of $621.7 million, compared with the revenue of $523.2 million during the same period a year ago. For the latest fiscal year the company reported a revenue of $2 billion, an increase of 16% from last year. For the last five years M/I Homes Inc had an average revenue growth rate of 19.9% a year.
The reported diluted earnings per share was $2.26 for the year, an increase of 22.8% from previous year. Over the last five years M/I Homes Inc had an EPS growth rate of 8.8% a year. The M/I Homes Inc had an operating margin of 7.07%, compared with the operating margin of 6.67% a year before. The 10-year historical median operating margin of M/I Homes Inc is 1.11%. The profitability rank of the company is 6 (out of 10).
At the end of the fiscal year, M/I Homes Inc has the cash and cash equivalents of $151.7 million, compared with $34.4 million in the previous year. The long term debt was $807.7 million, compared with $637.8 million in the previous year. The interest coverage to the debt is 7.3. M/I Homes Inc has a financial strength rank of 5 (out of 10).
At the current stock price of $32.15, M/I Homes Inc is traded at 25% premium to its historical median P/S valuation band of $25.71. The P/S ratio of the stock is 0.51, while the historical median P/S ratio is 0.42. The stock gained 35.07% during the past 12 months.
For the complete 20-year historical financial data of MHO, click here.
This article first appeared on GuruFocus.
Warning! GuruFocus has detected 2 Warning Sign with MHO. Click here to check it out.
The intrinsic value of MHO
