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GuruFocus Financial Strength Rank measures how strong a company’s financial situation is. It is based on these factors

1. The debt burden that the company has as measured by its Interest coverage (current year).
2. Debt to revenue ratio. The lower, the better
3. Altman Z-score.

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

Financial Strength : 7/10

vs
industry
vs
history
Cash to Debt 0.21
MHO's Cash to Debt is ranked lower than
63% of the 456 Companies
in the Global Residential Construction industry.

( Industry Median: 1.13 vs. MHO: 0.21 )
MHO' s 10-Year Cash to Debt Range
Min: 0   Max: 0.53
Current: 0.21

0
0.53
Equity to Asset 0.47
MHO's Equity to Asset is ranked higher than
55% of the 450 Companies
in the Global Residential Construction industry.

( Industry Median: 0.51 vs. MHO: 0.47 )
MHO' s 10-Year Equity to Asset Range
Min: 0.31   Max: 0.59
Current: 0.47

0.31
0.59
Interest Coverage 3.68
MHO's Interest Coverage is ranked lower than
59% of the 261 Companies
in the Global Residential Construction industry.

( Industry Median: 35.41 vs. MHO: 3.68 )
MHO' s 10-Year Interest Coverage Range
Min: 1.79   Max: 28.97
Current: 3.68

1.79
28.97
F-Score: 5
Z-Score: 2.90
M-Score: -0.10
GuruFocus Profitability Rank ranks how profitable a company is and how likely the company’s business will stay that way. It is based on these factors:

1. Operating Margin
2. Trend of the Operating Margin (5-year average). The company with an uptrend profit margin has a higher rank.
••3. Consistency of the profitability
4. Piotroski F-Score
5. Predictability Rank•

The maximum rank is 10. A rank of 7 or higher means a higher profitability and may stay that way. A rank of 3 or lower indicates that the company has had trouble to make a profit.

Profitability Rank is not directly related to the Financial Strength Rank. But if a company is consistently profitable, its financial strength will be stronger.

Profitability & Growth : 6/10

vs
industry
vs
history
Operating margin (%) 5.66
MHO's Operating margin (%) is ranked higher than
68% of the 422 Companies
in the Global Residential Construction industry.

( Industry Median: 5.02 vs. MHO: 5.66 )
MHO' s 10-Year Operating margin (%) Range
Min: -35.4   Max: 13.59
Current: 5.66

-35.4
13.59
Net-margin (%) 14.61
MHO's Net-margin (%) is ranked higher than
91% of the 422 Companies
in the Global Residential Construction industry.

( Industry Median: 3.63 vs. MHO: 14.61 )
MHO' s 10-Year Net-margin (%) Range
Min: -40.39   Max: 14.61
Current: 14.61

-40.39
14.61
ROE (%) 30.73
MHO's ROE (%) is ranked higher than
97% of the 418 Companies
in the Global Residential Construction industry.

( Industry Median: 5.10 vs. MHO: 30.73 )
MHO' s 10-Year ROE (%) Range
Min: -73.69   Max: 30.73
Current: 30.73

-73.69
30.73
ROA (%) 13.64
MHO's ROA (%) is ranked higher than
97% of the 423 Companies
in the Global Residential Construction industry.

( Industry Median: 2.58 vs. MHO: 13.64 )
MHO' s 10-Year ROA (%) Range
Min: -35.4   Max: 13.64
Current: 13.64

-35.4
13.64
ROC (Joel Greenblatt) (%) 8.20
MHO's ROC (Joel Greenblatt) (%) is ranked higher than
65% of the 423 Companies
in the Global Residential Construction industry.

( Industry Median: 8.60 vs. MHO: 8.20 )
MHO' s 10-Year ROC (Joel Greenblatt) (%) Range
Min: -43.45   Max: 30.8
Current: 8.2

-43.45
30.8
Revenue Growth (%) 2.70
MHO's Revenue Growth (%) is ranked higher than
59% of the 338 Companies
in the Global Residential Construction industry.

( Industry Median: 4.50 vs. MHO: 2.70 )
MHO' s 10-Year Revenue Growth (%) Range
Min: -27.6   Max: 15.5
Current: 2.7

-27.6
15.5
» MHO's 10-Y Financials

Financials


Revenue & Net Income
Cash & Debt
Oprt. Cash Flow & Free Cash Flow

» Details

Guru Trades

Q2 2013

MHO Guru Trades in Q2 2013

Paul Tudor Jones 17,100 sh (+14%)
Arnold Schneider Sold Out
Caxton Associates Sold Out
Donald Smith 468,238 sh (-20.38%)
» More
Q3 2013

MHO Guru Trades in Q3 2013

Donald Smith 454,234 sh (-2.99%)
Paul Tudor Jones 9,900 sh (-42.11%)
» More
Q4 2013

MHO Guru Trades in Q4 2013

Chuck Royce 80,000 sh (New)
HOTCHKIS & WILEY 191,700 sh (New)
Donald Smith 454,332 sh (+0.02%)
Paul Tudor Jones Sold Out
» More
Q1 2014

MHO Guru Trades in Q1 2014

Chuck Royce 494,500 sh (+518.13%)
HOTCHKIS & WILEY 524,100 sh (+173.4%)
Donald Smith 454,250 sh (-0.02%)
» More
» Details

Insider Trades

Latest Guru Trades with MHO

GuruDate Trades Impact to Portfolio Price Range * (?) Current Price Change from Average Current Shares
Donald Smith 2013-06-30 Reduce -20.38%0.06%$20.61 - $27.09 $ 22.9-6%468238
Donald Smith 2013-03-31 Reduce -23.95%0.14%$21.03 - $28.47 $ 22.9-10%588069
Donald Smith 2012-09-30 Reduce -38.57%0.3%$16.17 - $21.71 $ 22.925%940760
Donald Smith 2011-09-30 Add 62.27%0.14%$6.06 - $12.87 $ 22.9152%1658255
Premium More recent guru trades are included for Premium Members only!!
» Interactive Charts

Peter Lynch Chart ( What is Peter Lynch Charts )

Preferred stocks of M/I Homes Inc

SymbolPriceYieldDescription
MHOPA0.009.38ADR

Top Ranked Articles about M/I Homes Inc

Sector Watch: Homebuilding and Construction, Gurus Active on 52-Week Lows
According to Reuters, the Pending Home Sales Index for July decreased 1.3% as higher mortgage interest rates slowed the market. The National Association of Realtors cited that while pending home sales declined 1.3% for the month of July, sales were 6.7% higher than last year’s levels. While the media presents relative ways to measure a housing shortage or a surplus of inventory, one thing is clear, the billionaires are active in this sector. Read more...

Ratios

vs
industry
vs
history
P/E(ttm) 4.20
MHO's P/E(ttm) is ranked higher than
97% of the 486 Companies
in the Global Residential Construction industry.

( Industry Median: 23.60 vs. MHO: 4.20 )
MHO' s 10-Year P/E(ttm) Range
Min: 3.9   Max: 90.08
Current: 4.2

3.9
90.08
P/B 1.20
MHO's P/B is ranked higher than
62% of the 486 Companies
in the Global Residential Construction industry.

( Industry Median: 1.37 vs. MHO: 1.20 )
MHO' s 10-Year P/B Range
Min: 0.25   Max: 2.57
Current: 1.2

0.25
2.57
P/S 0.65
MHO's P/S is ranked higher than
71% of the 486 Companies
in the Global Residential Construction industry.

( Industry Median: 0.92 vs. MHO: 0.65 )
MHO' s 10-Year P/S Range
Min: 0.1   Max: 0.75
Current: 0.65

0.1
0.75
EV-to-EBIT 14.21
MHO's EV-to-EBIT is ranked higher than
73% of the 486 Companies
in the Global Residential Construction industry.

( Industry Median: 22.05 vs. MHO: 14.21 )
MHO' s 10-Year EV-to-EBIT Range
Min: 5.2   Max: 149.7
Current: 14.21

5.2
149.7
Current Ratio 10.43
MHO's Current Ratio is ranked higher than
96% of the 453 Companies
in the Global Residential Construction industry.

( Industry Median: 1.92 vs. MHO: 10.43 )
MHO' s 10-Year Current Ratio Range
Min: 1.39   Max: 13.5
Current: 10.43

1.39
13.5
Quick Ratio 1.86
MHO's Quick Ratio is ranked higher than
80% of the 453 Companies
in the Global Residential Construction industry.

( Industry Median: 1.05 vs. MHO: 1.86 )
MHO' s 10-Year Quick Ratio Range
Min: 0.11   Max: 4.85
Current: 1.86

0.11
4.85

Valuation & Return

vs
industry
vs
history
Price/Tangible Book 1.20
MHO's Price/Tangible Book is ranked higher than
65% of the 486 Companies
in the Global Residential Construction industry.

( Industry Median: 1.50 vs. MHO: 1.20 )
MHO' s 10-Year Price/Tangible Book Range
Min: 0.3   Max: 2.4
Current: 1.2

0.3
2.4
Price/DCF (Projected) 2.60
MHO's Price/DCF (Projected) is ranked higher than
82% of the 486 Companies
in the Global Residential Construction industry.

( Industry Median: 9999.00 vs. MHO: 2.60 )
MHO' s 10-Year Price/DCF (Projected) Range
Min: 0.17   Max: 17.07
Current: 2.6

0.17
17.07
Price/Median PS Value 1.40
MHO's Price/Median PS Value is ranked lower than
51% of the 486 Companies
in the Global Residential Construction industry.

( Industry Median: 1.20 vs. MHO: 1.40 )
MHO' s 10-Year Price/Median PS Value Range
Min: 0.27   Max: 1.63
Current: 1.4

0.27
1.63
Price/Graham Number 0.40
MHO's Price/Graham Number is ranked higher than
97% of the 486 Companies
in the Global Residential Construction industry.

( Industry Median: 1.33 vs. MHO: 0.40 )
MHO' s 10-Year Price/Graham Number Range
Min: 0.28   Max: 2.09
Current: 0.4

0.28
2.09
Earnings Yield (Greenblatt) 6.90
MHO's Earnings Yield (Greenblatt) is ranked higher than
64% of the 398 Companies
in the Global Residential Construction industry.

( Industry Median: 7.10 vs. MHO: 6.90 )
MHO' s 10-Year Earnings Yield (Greenblatt) Range
Min: 0.7   Max: 19.3
Current: 6.9

0.7
19.3
Forward Rate of Return (Yacktman) -0.31
MHO's Forward Rate of Return (Yacktman) is ranked higher than
58% of the 287 Companies
in the Global Residential Construction industry.

( Industry Median: 2.26 vs. MHO: -0.31 )
MHO' s 10-Year Forward Rate of Return (Yacktman) Range
Min: -31.8   Max: 45.5
Current: -0.31

-31.8
45.5

Business Description

Industry: Homebuilding & Construction » Residential Construction
Compare:MDC, TOL, DWAHY, DITFY, MTH » details
Traded in other countries:4MI.Germany
M/I Homes, Inc. was incorporated, through predecessor entities, in 1973 and commenced homebuilding activities in 1976. The Company and its subsidiaries are one of the nation's builders of single-family homes. It sells and constructs single-family homes, attached townhomes and condominiums to first-time, move-up, empty-nester and luxury buyers. The Company's homes are marketed and sold under the trade names M/I Homes and Showcase Homes. Its homes are sold in the following geographic markets - Columbus and Cincinnati, Ohio; Indianapolis, Indiana; Chicago, Illinois; Tampa and Orlando, Florida; Charlotte and Raleigh, North Carolina; and the Virginia and Maryland suburbs of Washington, D.C. In addition, it supports its homebuilding operations by providing mortgage financing services through its wholly-owned subsidiary, M/I Financial Corp. ('M/I Financial'), and title services through subsidiaries that are either wholly- or majority-owned by the Company. M/I Home's financial reporting segments consist of the following: Midwest homebuilding, Florida homebuilding, Mid-Atlantic homebuilding, and financial services. Its homebuilding operations comprise the most substantial part of its business, representing 97% of consolidated revenue during 2011. Its homebuilding operations generated over 99% of their revenue from the sale of completed homes, with the remaining amount generated from the sale of land and lots. Its financial services operations generate revenue from originating and selling mortgages and collecting fees for title insurance and closing services. The Company devotes significant resources to the research, design and development of its homes in order to meet the demands of its buyers as well as the changing markets. It devotes significant resources to the research, design and development of its homes in order to meet the demands of its buyers as well as the changing markets. On a regional basis, it offers homes ranging in base sales price from approximately $107,000 to $1,000,000, and ranging in square footage from approximately 1,100 to 5,300 square feet. In addition to single-family detached homes, it also offers attached townhomes in most of its markets as well as condominiums in its Columbus, Orlando, and Washington, D.C. markets. The Company provides mortgage financing services to purchasers of its homes through M/I Financial. M/I Financial provides financing services in all of its housing markets. M/I Financial has been approved by the United States Department of Housing and Urban Development, the VA and the United States Department of Agriculture to originate mortgages that are insured and/or guaranteed by these entities. The Company also provides title services to purchasers of its homes through its wholly-owned subsidiaries, TransOhio Residential Title Agency, Ltd. and M/I Title Agency, Ltd, and its majority-owned subsidiary, Washington/Metro Residential Title Agency, LLC. Through these entities, the Company serves as a
» More Articles for MHO

Headlines

Articles On GuruFocus.com
You Can’t Kiss Every Pretty Girl (…or Handsome Boy) Apr 27 2014 
Sector Watch: Homebuilding and Construction, Gurus Active on 52-Week Lows Aug 30 2013 
Weekly CFO Sells Highlight: KEY, DIS, FSL, MHO, SYY May 20 2013 
M/I Homes Inc. Reports Operating Results (10-K) Mar 01 2011 
M/I Homes Inc. (MHO) Chairman, CEO and President Robert H Schottenstein sells 4,850 Shares Feb 22 2011 
M/I Homes Inc. (MHO) Chairman, CEO and President Robert H Schottenstein sells 25,051 Shares Feb 18 2011 
M/I Homes Inc. (MHO) Chairman, CEO and President Robert H Schottenstein sells 16,024 Shares Feb 18 2011 
M/I Homes Inc. (MHO) Chairman, CEO and President Robert H Schottenstein sells 28,043 Shares Feb 17 2011 
Donald Smith Buys Low P/B Companies: MHO, TNCC, MU, AAI, SANM, OSG, TSO Nov 16 2010 
M/I Homes Inc. (MHO) Chairman, CEO and President Robert H Schottenstein sells 5,000 Shares Sep 18 2009 

More From Our Partners
June Housing Starts' 9% Drop Puts Housing Stocks On Shakey Footing Jul 17 2014 - BENZINGA

More From Other Websites
Homebuilders Seen Cementing Gains Amid Iffy Housing Jul 23 2014
Mortgage Activity Up As Homebuilder Earnings Loom Jul 23 2014
Economic News Today: Mortgage Demand To Buy Homes Up Jul 23 2014
M/I Homes, Inc. Announces Second Quarter Earnings Webcast Jul 23 2014
M/I Homes, Inc. Announces Second Quarter Earnings Webcast Jul 14 2014
M I HOMES INC Files SEC form 8-K, Change in Directors or Principal Officers, Submission of Matters... May 07 2014
M/I Homes Presentation at the J.P. Morgan Homebuilders & Building Products Conference to be Webcast... May 07 2014
M/I Homes Announces Quarterly Cash Dividend on Preferred Shares May 06 2014
M I HOMES INC Financials May 02 2014
M I HOMES INC Files SEC form 10-Q, Quarterly Report Apr 25 2014
M/I Homes' CEO Discusses Q1 2014 Results - Earnings Call Transcript Apr 24 2014
M/I Homes Reports First Quarter Results Apr 24 2014
M I HOMES INC Files SEC form 8-K, Results of Operations and Financial Condition, Financial... Apr 24 2014
M/I Homes Reports First Quarter Results Apr 24 2014
M/I Homes, Inc. Announces First Quarter Earnings Webcast Apr 24 2014
Q1 2014 M/I Homes, Inc. Earnings Release - Before Market Open Apr 24 2014
M/I Homes, Inc. Announces First Quarter Earnings Webcast Apr 10 2014
Residential Construction Builds Momentum Apr 03 2014
M I HOMES INC Files SEC form 8-K, Entry into a Material Definitive Agreement, Financial Statements... Apr 01 2014
M I HOMES INC Files SEC form 10-K, Annual Report Feb 28 2014

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