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Also traded in: Germany

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 : 6/10

vs
industry
vs
history
Cash-to-Debt 0.12
MTH's Cash-to-Debt is ranked lower than
84% of the 722 Companies
in the Global Residential Construction industry.

( Industry Median: 5.01 vs. MTH: 0.12 )
Ranked among companies with meaningful Cash-to-Debt only.
MTH' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.01  Med: 0.14 Max: 0.67
Current: 0.12
0.01
0.67
Equity-to-Asset 0.49
MTH's Equity-to-Asset is ranked higher than
56% of the 666 Companies
in the Global Residential Construction industry.

( Industry Median: 0.45 vs. MTH: 0.49 )
Ranked among companies with meaningful Equity-to-Asset only.
MTH' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.39  Med: 0.43 Max: 0.49
Current: 0.49
0.39
0.49
Interest Coverage 36.10
MTH's Interest Coverage is ranked higher than
55% of the 599 Companies
in the Global Residential Construction industry.

( Industry Median: 21.89 vs. MTH: 36.10 )
Ranked among companies with meaningful Interest Coverage only.
MTH' s Interest Coverage Range Over the Past 10 Years
Min: 0.28  Med: 11.41 Max: 36.12
Current: 36.1
0.28
36.12
Piotroski F-Score: 4
Altman Z-Score: 2.30
Beneish M-Score: -1.85
WACC vs ROIC
7.27%
5.60%
WACC
ROIC
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 : 7/10

vs
industry
vs
history
Operating Margin % 6.18
MTH's Operating Margin % is ranked higher than
64% of the 716 Companies
in the Global Residential Construction industry.

( Industry Median: 3.07 vs. MTH: 6.18 )
Ranked among companies with meaningful Operating Margin % only.
MTH' s Operating Margin % Range Over the Past 10 Years
Min: -15.66  Med: 4.37 Max: 10.59
Current: 6.18
-15.66
10.59
Net Margin % 4.95
MTH's Net Margin % is ranked higher than
68% of the 718 Companies
in the Global Residential Construction industry.

( Industry Median: 2.14 vs. MTH: 4.95 )
Ranked among companies with meaningful Net Margin % only.
MTH' s Net Margin % Range Over the Past 10 Years
Min: -19.17  Med: 2.85 Max: 8.73
Current: 4.95
-19.17
8.73
ROE % 11.23
MTH's ROE % is ranked higher than
68% of the 665 Companies
in the Global Residential Construction industry.

( Industry Median: 5.58 vs. MTH: 11.23 )
Ranked among companies with meaningful ROE % only.
MTH' s ROE % Range Over the Past 10 Years
Min: -46.44  Med: 6.16 Max: 17.78
Current: 11.23
-46.44
17.78
ROA % 5.37
MTH's ROA % is ranked higher than
71% of the 735 Companies
in the Global Residential Construction industry.

( Industry Median: 2.12 vs. MTH: 5.37 )
Ranked among companies with meaningful ROA % only.
MTH' s ROA % Range Over the Past 10 Years
Min: -18.99  Med: 2.87 Max: 7.52
Current: 5.37
-18.99
7.52
ROC (Joel Greenblatt) % 657.69
MTH's ROC (Joel Greenblatt) % is ranked higher than
99% of the 724 Companies
in the Global Residential Construction industry.

( Industry Median: 10.17 vs. MTH: 657.69 )
Ranked among companies with meaningful ROC (Joel Greenblatt) % only.
MTH' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -1254.76  Med: 217.47 Max: 1019.46
Current: 657.69
-1254.76
1019.46
3-Year Revenue Growth Rate 14.60
MTH's 3-Year Revenue Growth Rate is ranked higher than
85% of the 660 Companies
in the Global Residential Construction industry.

( Industry Median: 0.40 vs. MTH: 14.60 )
Ranked among companies with meaningful 3-Year Revenue Growth Rate only.
MTH' s 3-Year Revenue Growth Rate Range Over the Past 10 Years
Min: -37.7  Med: 21.1 Max: 47.9
Current: 14.6
-37.7
47.9
3-Year EBITDA Growth Rate 2.40
MTH's 3-Year EBITDA Growth Rate is ranked lower than
63% of the 523 Companies
in the Global Residential Construction industry.

( Industry Median: 9.10 vs. MTH: 2.40 )
Ranked among companies with meaningful 3-Year EBITDA Growth Rate only.
MTH' s 3-Year EBITDA Growth Rate Range Over the Past 10 Years
Min: 2.4  Med: 44.7 Max: 116.8
Current: 2.4
2.4
116.8
3-Year EPS without NRI Growth Rate 3.00
MTH's 3-Year EPS without NRI Growth Rate is ranked lower than
54% of the 485 Companies
in the Global Residential Construction industry.

( Industry Median: 7.00 vs. MTH: 3.00 )
Ranked among companies with meaningful 3-Year EPS without NRI Growth Rate only.
MTH' s 3-Year EPS without NRI Growth Rate Range Over the Past 10 Years
Min: -59.7  Med: 32.5 Max: 145.4
Current: 3
-59.7
145.4
GuruFocus has detected 2 Warning Signs with Meritage Homes Corp $MTH.
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» MTH's 10-Y Financials

Financials (Next Earnings Date: 2017-05-01 Est.)


Revenue & Net Income
Cash & Debt
Operating Cash Flow & Free Cash Flow
Operating Cash Flow & Net Income

» Details

Guru Trades

Q1 2016

MTH Guru Trades in Q1 2016

Jim Simons 47,600 sh (New)
David Dreman 4,036 sh (+30.91%)
Ken Fisher 1,715,679 sh (+0.12%)
Joel Greenblatt 33,120 sh (-3.90%)
» More
Q2 2016

MTH Guru Trades in Q2 2016

David Dreman 4,269 sh (+5.77%)
Ken Fisher 1,781,541 sh (+3.84%)
Paul Tudor Jones 18,300 sh (unchged)
Paul Tudor Jones 15,200 sh (unchged)
Jim Simons Sold Out
Joel Greenblatt Sold Out
» More
Q3 2016

MTH Guru Trades in Q3 2016

Ken Fisher 1,807,853 sh (+1.48%)
David Dreman 4,269 sh (unchged)
» More
Q4 2016

MTH Guru Trades in Q4 2016

David Dreman 13,260 sh (+210.61%)
Ken Fisher 1,754,982 sh (-2.92%)
» More
» Details

Insider Trades

Latest Guru Trades with MTH

(List those with share number changes of more than 20%, or impact to portfolio more than 0.1%)

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Business Description

Industry: Homebuilding & Construction » Residential Construction    NAICS: 236115    SIC: 1531
Compare:NYSE:MDC, OTCPK:CYRBY, NYSE:KBH, NAS:CVCO, NYSE:TPH, NAS:LGIH, NYSE:WLH, NYSE:MHO, NYSE:WCIC, NYSE:CCS, NYSE:TMHC, NYSE:BZH, NAS:AVHI, NYSE:HOV, NYSE:GFA, NYSE:NWHM, NYSE:UCP, AMEX:SKY, OTCPK:NOBH, OTCPK:DHHXF » details
Traded in other countries:MEY.Germany,
Meritage Homes Corp is a designer and builder of single-family attached and detached homes in the historically high-growth regions of the southern and western United States.

Meritage Homes Corp is an American residential construction company that primarily builds single-family and active adult housing communities across the western, southern, and southeastern parts of the United States. Meritage Homes has a homebuilding presence in over 25 metro markets and has expanded its presence in Texas, Florida, Georgia, and the Carolinas. The company is considered one of the industry's leading energy-efficient homebuilders. Meritage completes approximately 6,000 home orders annually, and the majority of its revenue is derived from move-up single-family homes, followed by active adult housing communities.

Ratios

vs
industry
vs
history
PE Ratio 10.29
MTH's PE Ratio is ranked higher than
67% of the 562 Companies
in the Global Residential Construction industry.

( Industry Median: 14.46 vs. MTH: 10.29 )
Ranked among companies with meaningful PE Ratio only.
MTH' s PE Ratio Range Over the Past 10 Years
Min: 3.04  Med: 11.22 Max: 124.27
Current: 10.29
3.04
124.27
Forward PE Ratio 9.93
MTH's Forward PE Ratio is ranked higher than
52% of the 48 Companies
in the Global Residential Construction industry.

( Industry Median: 10.31 vs. MTH: 9.93 )
Ranked among companies with meaningful Forward PE Ratio only.
N/A
PE Ratio without NRI 10.29
MTH's PE Ratio without NRI is ranked higher than
66% of the 555 Companies
in the Global Residential Construction industry.

( Industry Median: 14.20 vs. MTH: 10.29 )
Ranked among companies with meaningful PE Ratio without NRI only.
MTH' s PE Ratio without NRI Range Over the Past 10 Years
Min: 3.04  Med: 11.22 Max: 124.27
Current: 10.29
3.04
124.27
PB Ratio 1.03
MTH's PB Ratio is ranked higher than
53% of the 685 Companies
in the Global Residential Construction industry.

( Industry Median: 1.14 vs. MTH: 1.03 )
Ranked among companies with meaningful PB Ratio only.
MTH' s PB Ratio Range Over the Past 10 Years
Min: 0.28  Med: 1.37 Max: 2.62
Current: 1.03
0.28
2.62
PS Ratio 0.51
MTH's PS Ratio is ranked higher than
60% of the 737 Companies
in the Global Residential Construction industry.

( Industry Median: 0.74 vs. MTH: 0.51 )
Ranked among companies with meaningful PS Ratio only.
MTH' s PS Ratio Range Over the Past 10 Years
Min: 0.09  Med: 0.61 Max: 1.38
Current: 0.51
0.09
1.38
EV-to-EBIT 11.04
MTH's EV-to-EBIT is ranked lower than
52% of the 574 Companies
in the Global Residential Construction industry.

( Industry Median: 10.88 vs. MTH: 11.04 )
Ranked among companies with meaningful EV-to-EBIT only.
MTH' s EV-to-EBIT Range Over the Past 10 Years
Min: -152.1  Med: 11 Max: 136.4
Current: 11.04
-152.1
136.4
EV-to-EBITDA 10.30
MTH's EV-to-EBITDA is ranked lower than
58% of the 613 Companies
in the Global Residential Construction industry.

( Industry Median: 8.98 vs. MTH: 10.30 )
Ranked among companies with meaningful EV-to-EBITDA only.
MTH' s EV-to-EBITDA Range Over the Past 10 Years
Min: -52  Med: 10.5 Max: 335.6
Current: 10.3
-52
335.6
PEG Ratio 0.20
MTH's PEG Ratio is ranked higher than
91% of the 229 Companies
in the Global Residential Construction industry.

( Industry Median: 1.12 vs. MTH: 0.20 )
Ranked among companies with meaningful PEG Ratio only.
MTH' s PEG Ratio Range Over the Past 10 Years
Min: 0.1  Med: 0.16 Max: 2.46
Current: 0.2
0.1
2.46
Current Ratio 0.65
MTH's Current Ratio is ranked lower than
90% of the 467 Companies
in the Global Residential Construction industry.

( Industry Median: 1.70 vs. MTH: 0.65 )
Ranked among companies with meaningful Current Ratio only.
MTH' s Current Ratio Range Over the Past 10 Years
Min: 0.09  Med: 0.52 Max: 3.89
Current: 0.65
0.09
3.89
Quick Ratio 0.65
MTH's Quick Ratio is ranked lower than
67% of the 467 Companies
in the Global Residential Construction industry.

( Industry Median: 0.98 vs. MTH: 0.65 )
Ranked among companies with meaningful Quick Ratio only.
MTH' s Quick Ratio Range Over the Past 10 Years
Min: 0.09  Med: 0.52 Max: 3.89
Current: 0.65
0.09
3.89
Days Sales Outstanding 8.49
MTH's Days Sales Outstanding is ranked higher than
91% of the 584 Companies
in the Global Residential Construction industry.

( Industry Median: 46.79 vs. MTH: 8.49 )
Ranked among companies with meaningful Days Sales Outstanding only.
MTH' s Days Sales Outstanding Range Over the Past 10 Years
Min: 6.15  Med: 8.11 Max: 43.43
Current: 8.49
6.15
43.43
Days Payable 20.52
MTH's Days Payable is ranked lower than
75% of the 557 Companies
in the Global Residential Construction industry.

( Industry Median: 41.40 vs. MTH: 20.52 )
Ranked among companies with meaningful Days Payable only.
MTH' s Days Payable Range Over the Past 10 Years
Min: 7.41  Med: 17.6 Max: 20.52
Current: 20.52
7.41
20.52

Buy Back

vs
industry
vs
history
3-Year Average Share Buyback Ratio -3.40
MTH's 3-Year Average Share Buyback Ratio is ranked lower than
59% of the 274 Companies
in the Global Residential Construction industry.

( Industry Median: -1.20 vs. MTH: -3.40 )
Ranked among companies with meaningful 3-Year Average Share Buyback Ratio only.
MTH' s 3-Year Average Share Buyback Ratio Range Over the Past 10 Years
Min: -8.8  Med: -3.8 Max: 0.6
Current: -3.4
-8.8
0.6

Valuation & Return

vs
industry
vs
history
Price-to-Tangible-Book 1.03
MTH's Price-to-Tangible-Book is ranked higher than
53% of the 667 Companies
in the Global Residential Construction industry.

( Industry Median: 1.17 vs. MTH: 1.03 )
Ranked among companies with meaningful Price-to-Tangible-Book only.
MTH' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.53  Med: 1.49 Max: 3.4
Current: 1.03
0.53
3.4
Price-to-Median-PS-Value 0.84
MTH's Price-to-Median-PS-Value is ranked higher than
79% of the 705 Companies
in the Global Residential Construction industry.

( Industry Median: 1.31 vs. MTH: 0.84 )
Ranked among companies with meaningful Price-to-Median-PS-Value only.
MTH' s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 0.27  Med: 0.86 Max: 1.75
Current: 0.84
0.27
1.75
Price-to-Peter-Lynch-Fair-Value 0.41
MTH's Price-to-Peter-Lynch-Fair-Value is ranked higher than
80% of the 145 Companies
in the Global Residential Construction industry.

( Industry Median: 0.79 vs. MTH: 0.41 )
Ranked among companies with meaningful Price-to-Peter-Lynch-Fair-Value only.
MTH' s Price-to-Peter-Lynch-Fair-Value Range Over the Past 10 Years
Min: 0.14  Med: 0.27 Max: 0.44
Current: 0.41
0.14
0.44
Price-to-Graham-Number 0.69
MTH's Price-to-Graham-Number is ranked higher than
68% of the 444 Companies
in the Global Residential Construction industry.

( Industry Median: 0.97 vs. MTH: 0.69 )
Ranked among companies with meaningful Price-to-Graham-Number only.
MTH' s Price-to-Graham-Number Range Over the Past 10 Years
Min: 0.36  Med: 0.72 Max: 2.53
Current: 0.69
0.36
2.53
Earnings Yield (Greenblatt) % 9.08
MTH's Earnings Yield (Greenblatt) % is ranked higher than
63% of the 670 Companies
in the Global Residential Construction industry.

( Industry Median: 6.00 vs. MTH: 9.08 )
Ranked among companies with meaningful Earnings Yield (Greenblatt) % only.
MTH' s Earnings Yield (Greenblatt) % Range Over the Past 10 Years
Min: 0.7  Med: 7.5 Max: 30.9
Current: 9.08
0.7
30.9
Forward Rate of Return (Yacktman) % 49.03
MTH's Forward Rate of Return (Yacktman) % is ranked higher than
91% of the 303 Companies
in the Global Residential Construction industry.

( Industry Median: 11.25 vs. MTH: 49.03 )
Ranked among companies with meaningful Forward Rate of Return (Yacktman) % only.
MTH' s Forward Rate of Return (Yacktman) % Range Over the Past 10 Years
Min: -11.4  Med: 10.7 Max: 88
Current: 49.03
-11.4
88

More Statistics

Revenue (TTM) (Mil) $3,024
EPS (TTM) $ 3.55
Beta1.31
Short Percentage of Float10.14%
52-Week Range $29.70 - 41.22
Shares Outstanding (Mil)40.12

Analyst Estimate

Dec17 Dec18 Dec19
Revenue (Mil $) 3,216 3,464
EPS ($) 3.71 4.26 4.84
EPS without NRI ($) 3.71 4.26 4.84
EPS Growth Rate
(Future 3Y To 5Y Estimate)
N/A
Dividends per Share ($)
» More Articles for MTH

Headlines

Articles On GuruFocus.com
Is Real Estate the 'Sleeper Buy' for 2017? Mar 06 2017 
Ken Heebner's stocks trading with low P/E Jun 17 2015 
This Housing Company Will Benefit From End-Market Growth Mar 23 2015 
Toll Brothers Presents 78% Surge In Q1 Earnings Feb 26 2015 
WEEKLY CFO SELLS HIGHLIGHT: SBAC, XOXO, MTH, FICO, SGEN, OAS Sep 03 2012 
The Housing Industry: State of Affairs - RYL, PHM, KBH, LEN, MTH Jul 12 2011 
Meritage Homes Corp. (MTH) Exec VP - COO Steven M Davis sells 16,000 Shares Mar 08 2011 
Meritage Homes Corp. (MTH) Exec VP - COO Steven M Davis sells 3,301 Shares Feb 15 2011 
Meritage Homes Corp. (MTH) CEO Steven J Hilton sells 10,492 Shares Feb 15 2011 
Meritage Homes Corp. (MTH) Executive VP - CFO Larry Wayne Seay sells 5,638 Shares Feb 15 2011 

More From Other Websites
Meritage Homes CEO: Too much regulation drives up housing... Mar 16 2017
Meritage Homes Reschedules Analyst Meeting for March 30 in New York City Mar 15 2017
Meritage Homes Postpones Analyst Meeting Due to Hazardous Weather Forecast for New York Mar 13 2017
Meritage Homes to Host Analyst Meeting at New York Stock Exchange March 14, 2017 Mar 09 2017
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Meritage Homes Corp. breached its 50 day moving average in a Bullish Manner : MTH-US : February 28,... Feb 28 2017
Moving Average Crossover Alert: Meritage Homes (MTH) Feb 27 2017
MERITAGE HOMES CORP Financials Feb 23 2017
Ten stocks on the move as Dow, S&P 500 open down, investors wait for Fed minutes Feb 22 2017
MERITAGE HOMES CORP Files SEC form 8-K, Change in Directors or Principal Officers, Financial... Feb 17 2017
MERITAGE HOMES CORP Files SEC form 8-K, Amendments to Articles of Inc. or Bylaws; Change in Fiscal... Feb 16 2017
Meritage Homes Corp. :MTH-US: Earnings Analysis: Q4, 2016 By the Numbers : February 7, 2017 Feb 07 2017
Meritage Homes Corp. :MTH-US: Earnings Analysis: 2016 By the Numbers : February 2, 2017 Feb 02 2017
Edited Transcript of MTH earnings conference call or presentation 1-Feb-17 3:00pm GMT Feb 01 2017
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Apple, Dow Jones, Overstock are up early helped by jobs, earnings; but these hometown stocks are... Feb 01 2017
Meritage beats 4Q profit forecasts Feb 01 2017
Meritage beats 4Q profit forecasts Feb 01 2017

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