M/I Homes, Inc. (MHO) Valuation — DCF, Graham & Comparables

M/I Homes, Inc. (MHO) — Price $128.28 (closing price, October 30, 2026) — Consumer Cyclical — Residential Construction — NYSE

Latest reported results:

Valuation dashboard for M/I Homes, Inc. (MHO) with P/E 12.19, P/B 1.02, EV/EBITDA 8.29 and dividend yield 0.00%. DCF, Graham Number, EPS growth, peer multiples and dividend discount models plus sector comparison against other Consumer Cyclical companies.

M/I Homes, Inc. (MHO), along with its affiliated companies, constructs single-family residences across a broad geographical area, including Ohio, Indiana, Illinois, Minnesota, Michigan, Florida, Texas, North Carolina, and Tennessee. Its operations are divided into three primary segments: Northern Homebuilding, Southern Homebuilding, and Financial Services.

Analysis Summary

M/I Homes, Inc. reported revenue of $4.42B in the most recent fiscal year, growing at a 5-year CAGR of 7.7%. Net income reached $402.9M, with a 10.9% 5-year CAGR.

Trailing-twelve-month margins: gross margin 20.7%, operating margin 8.2%, net margin 6.6%.

At $128.28 (closing price, October 30, 2026), MHO trades at a P/E of 12.19 and an ROE of 8.64%. Market capitalisation stands at $3.2B.

Balance sheet quality for MHO: current ratio of 24.2. A debt-to-equity below 1.0 typically signals conservative capital structure, while a current ratio above 1.5 indicates comfortable short-term liquidity.

Valuation Ratios

P/E Ratio12.19
Price / Book1.02
EV / EBITDA8.29
Dividend Yield0.00%

Valuation Models

DCF Fair Value$147.97
vs Current Price+15.4%

Peer Comparison

SymbolCompanyMarket CapP/EP/BROE
MHOM/I Homes, Inc.$3.2B12.191.028.6%
CVCOCavco Industries, Inc.$4.8B26.233.7016.6%
ASOAcademy Sports and Outdoors, Inc.$3.6B9.871.6918.4%
ANFAbercrombie & Fitch Co.$7.0B14.085.3139.6%
MTHMeritage Homes Corporation$4.2B14.550.835.8%
SKYChampion Homes, Inc.$4.6B24.772.9612.1%
TPHTri Pointe Homes, Inc.$4.0B35.031.27-1.0%
KBHKB Home$2.9B13.500.775.9%

Price

Price$128.28 (closing price, October 30, 2026)
Market Cap$3.2B
ExchangeNYSE
CountryUS

Profitability

Return on Equity8.64%
Return on Invested Capital6.21%
Return on Assets5.71%
Gross Margin20.68%
Operating Margin8.21%
Net Margin6.59%

Related companies: CVCO · ASO · ANF · MTH · SKY · KBH · GRBK

Explore sector: Consumer Cyclical · Residential Construction

More sections of MHO: Overview · Financials · Statistics · Estimates · Technical · Ownership · News · Events

Discover more: Weekly Radar: the S&P 500 through the Buffett and Lynch methods · Companies that pass the Buffett method today · Companies that pass the Lynch method today · Stocks that pass Graham's defensive investor test today · Investment Academy — learn to analyze stocks