As of 2024-07-27, the Fair Value of M/I Homes Inc (MHO) is 450.76 USD. This value is based on the Peter Lynch's Fair Value formula. With the current market price of 165.54 USD, the upside of M/I Homes Inc is 172.30%.
Peter Lynch's formula is:
The earnings growth rate we use in the formula is the average growth rate of net income/earnings over the last 5 years. If the average growth rate is smaller than 5%, we set it to 5%. If it is larger than 25%, we set it to 25%. If the TTM EPS is negative, Peter Lynch Fair Value's result can be unreliable.
| Historical Earnings | ||||||
| 2019-12-31 | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 5Y Avg | |
| Net income | 127.60 | 239.90 | 396.90 | 490.70 | 465.37 | 344.09 |
| YoY growth | 18.48% | 88.01% | 65.44% | 23.63% | -5.16% | 38.08% |
| Market Cap (mil) | 4,593.73 |
| P/E | 9.18x |
| Forward P/E | 9.54x |
| EPS | 18.03 |
| Avg earnings growth rate | 38.08% |
| TTM earnings | 500.34 |