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M/I Homes (M/I Homes) Peter Lynch Fair Value : $406.00 (As of Apr. 27, 2024)


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What is M/I Homes Peter Lynch Fair Value?

Peter Lynch Fair Value applies to growing companies. The ideal range for the growth rate is between 10 - 20% a year. Peter Lynch thinks that the fair P/E value for a growth company equals its growth rate, that is PEG = 1. The earnings here is trailing twelve month (TTM) earnings. For non-bank companies, the growth rate we use is the average growth rate for EBITDA per share over the past 5 years. For Banks, the growth rate we use is the average growth rate for Book Value per share over the past 5 years. If 5-Year Growth Rate is greater than 25% a year, we use 25. If 5-Year Growth Rate is smaller than 5% a year, we do not calculate Peter Lynch Fair Value.

Here, as of today, M/I Homes's PEG is 1. M/I Homes's 5-Year TTM EBITDA Growth Rate is 25. M/I Homes's EPS without NRI for the trailing twelve months (TTM) ended in Mar. 2024 was $16.24. Therefore, the Peter Lynch Fair Value for today is $406.00.

As of today (2024-04-27), M/I Homes's share price is $120.07. M/I Homes's Peter Lynch fair value is $406.00. Therefore, M/I Homes's Price to Peter Lynch Fair Value Ratio for today is 0.30.


The historical rank and industry rank for M/I Homes's Peter Lynch Fair Value or its related term are showing as below:


During the past 13 years, the highest Price to Peter Lynch Fair Value Ratio of M/I Homes was 0.63. The lowest was 0.09. And the median was 0.28.


MHO's Price-to-Peter-Lynch-Fair-Value is not ranked *
in the Homebuilding & Construction industry.
Industry Median: 0.475
* Ranked among companies with meaningful Price-to-Peter-Lynch-Fair-Value only.

Note: Please don't confuse Peter Lynch Fair Value with the value reached in Peter Lynch Chart.


M/I Homes Peter Lynch Fair Value Historical Data

The historical data trend for M/I Homes's Peter Lynch Fair Value can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

M/I Homes Peter Lynch Fair Value Chart

M/I Homes Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Peter Lynch Fair Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 83.08 194.04 338.18 444.25 406.00

M/I Homes Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Peter Lynch Fair Value Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 456.25 439.50 443.25 406.00 434.50

Competitive Comparison of M/I Homes's Peter Lynch Fair Value

For the Residential Construction subindustry, M/I Homes's Price-to-Peter-Lynch-Fair-Value, along with its competitors' market caps and Price-to-Peter-Lynch-Fair-Value data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


M/I Homes's Price-to-Peter-Lynch-Fair-Value Distribution in the Homebuilding & Construction Industry

For the Homebuilding & Construction industry and Consumer Cyclical sector, M/I Homes's Price-to-Peter-Lynch-Fair-Value distribution charts can be found below:

* The bar in red indicates where M/I Homes's Price-to-Peter-Lynch-Fair-Value falls into.



M/I Homes Peter Lynch Fair Value Calculation

M/I Homes's Peter Lynch Fair Value for today is calculated as

Peter Lynch Fair Value=PEG Ratio*5-Year TTM EBITDA Growth Rate***EPS without NRI (TTM)
=1* 25 *16.24
=406.00

M/I Homes's EPS without NRI for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $16.24.


* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

** Please be aware that the 5-Year TTM EBITDA Growth Rate is calculated based on TTM data over the last 5 years. For quarterly reported companies, the TTM data adds up the quarterly data reported by the company within the most recent 12 months. For companies that report semi-annually, annually, or do not have enough quarterly data, GuruFocus uses the annual data as the TTM data.

If 5-Year Earnings Growth Rate is greater than 25% a year, we use 25.

If 5-Year Earnings Growth Rate is smaller than 5% a year, we do not calculate Peter Lynch Fair Value.

Please note that we use the 5-year average growth rate of EBITDA per share as the growth rate for non-bank companies, as EBITDA growth is subject to less manipulations than net earnings per share. For banks, we use the 5-year average growth rate of Book Value per share as the growth rate. The reason is that EBITDA is not applicable to Banks and Book value is a relative important measurement for Banks. In the calculation, PEG=1 because Peter Lynch thinks that the fair P/E ratio of the growth stock is equal to its earnings growth rate.


M/I Homes  (NYSE:MHO) Peter Lynch Fair Value Explanation

Peter Lynch Fair Value applies to growing companies. The ideal range for the growth rate is between 10 - 20% a year.

Peter Lynch thinks that the fair P/E value for a growth company equals its growth rate, that is PEG = 1. The earnings here is trailing twelve month (TTM) earnings. For non-bank companies, the growth rate we use is the average growth rate for EBITDA per share over the past 5 years. For Banks, the growth rate we use is the average growth rate for Book Value per share over the past 5 years.

Please don't confuse Peter Lynch Fair Value with the value reached in Peter Lynch Chart. In Peter Lynch chart, a fixed P/E ratio of 15 is used to draw the Earnings Line. Therefore the value reached has a P/E ratio of 15. But in Peter Lynch Fair Value calculation, P/E equals to the growth rate of EBITDA per share over the past 5 years, which is 25 instead of 15 in this case.

M/I Homes's Price to Peter Lynch Fair Value Ratio for today is calculated as

Price to Peter Lynch Fair Value=Share Price/Peter Lynch Fair Value
=120.07/406.00
=0.30

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


M/I Homes Peter Lynch Fair Value Related Terms

Thank you for viewing the detailed overview of M/I Homes's Peter Lynch Fair Value provided by GuruFocus.com. Please click on the following links to see related term pages.


M/I Homes (M/I Homes) Business Description

Traded in Other Exchanges
Address
4131 Worth Avenue, Suite 500, Columbus, OH, USA, 43219
M/I Homes Inc is an American construction company that focuses on residential construction. It consists of two distinct operations: homebuilding and financial services. The homebuilding operations are spread into the Midwest, Mid-Atlantic, and Southern regions and the financial services operations support homebuilding operations by providing mortgage loans and title services to the customers of homebuilding operations. Homebuilding operations comprise the most significant portion of the revenue. The company builds homes and communities that target entry-level, move-up, and luxury homebuyers.
Executives
Susan E Krohne officer: Chief Legal Officer, Secretary 4131 WORTH AVE, SUITE 500, COLUMBUS OH 43219
Phillip G Creek director, officer: Ex. Vice President and CFO
Robert H Schottenstein director, officer: Chairman, CEO & President
Ann Marie Hunker officer: Principal Accounting Officer
Bruce A Soll director 17655 WATERVIEW PKWY, DALLAS TX 75252
Norman L Traeger director
J Thomas Mason director, officer: Ex. VP & Chief Legal Officer 3 EASTON OVAL, SUITE 500, COLUMBUS OH 43219
Kumi D Walker director 17 STANBERRY AVENUE, BEXLEY OH 43209
William H Carter director C/O MOMENTIVE SPECIALTY CHEMICALS INC., 180 EAST BROAD STREET, COLUMBUS OH 43215
Michael P Glimcher director C/O GLIMCHER REALTY TRUST, 180 EAST BROAD STREET, COLUMBUS OH 43215
Nancy J Kramer director
Friedrich Km Bohm director
Elizabeth K Ingram director 555 W. GOODALE STREET, COLUMBUS OH 43215
Thomas D Igoe director
Sharen J Turney director THREE LIMITED PARKWAY, COLUMBUS OH 43230

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