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As of today (2024-04-24), Meritage Homes's share price is $158.19. Meritage Homes's Free Cash Flow per Share for the trailing twelve months (TTM) ended in Dec. 2023 was $8.53. Hence, Meritage Homes's Price-to-Free-Cash-Flow Ratio for today is 18.55.
The historical rank and industry rank for Meritage Homes's Price-to-Free-Cash-Flow or its related term are showing as below:
During the past 13 years, Meritage Homes's highest Price-to-Free-Cash-Flow Ratio was 218.33. The lowest was 3.74. And the median was 8.06.
Meritage Homes's Free Cash Flow per Share for the three months ended in Dec. 2023 was $-3.02. Its Free Cash Flow per Share for the trailing twelve months (TTM) ended in was $8.53.
During the past 12 months, the average Free Cash Flow per Share Growth Rate of Meritage Homes was -16.00% per year. During the past 3 years, the average Free Cash Flow per Share Growth Rate was -13.60% per year.
During the past 13 years, Meritage Homes's highest 3-Year average Free Cash Flow per Share Growth Rate was 58.80% per year. The lowest was -84.10% per year. And the median was 0.90% per year.
The historical data trend for Meritage Homes's Price-to-Free-Cash-Flow 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.
Meritage Homes Annual Data | |||||||||||||||||||||
Trend | Dec14 | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | |||||||||||
Price-to-Free-Cash-Flow | Get a 7-Day Free Trial | 7.37 | 6.24 | - | 9.04 | 20.35 |
Meritage Homes Quarterly Data | ||||||||||||||||||||
Mar19 | Jun19 | Sep19 | Dec19 | Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | |
Price-to-Free-Cash-Flow | Get a 7-Day Free Trial | 9.04 | 8.86 | 5.65 | 4.55 | 20.35 |
For the Residential Construction subindustry, Meritage Homes's Price-to-Free-Cash-Flow, along with its competitors' market caps and Price-to-Free-Cash-Flow 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.
For the Homebuilding & Construction industry and Consumer Cyclical sector, Meritage Homes's Price-to-Free-Cash-Flow distribution charts can be found below:
* The bar in red indicates where Meritage Homes's Price-to-Free-Cash-Flow falls into.
Meritage Homes's Price-to-Free-Cash-Flow ratio for today is calculated as
Price-to-Free-Cash-Flow Ratio | = | Share Price | / | Free Cash Flow per Share (TTM) |
= | 158.19 | / | 8.527 | |
= | 18.55 |
Meritage Homes's Share Price of today is $158.19.
Meritage Homes's Free Cash Flow per Share for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $8.53.
* 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.
It can also be calculated from the numbers for the whole company:
Price-to-Free-Cash-Flow Ratio | = | Market Cap | / | Free Cash Flow |
Meritage Homes (NYSE:MTH) Price-to-Free-Cash-Flow Explanation
Free Cash Flow is considered more important than earnings by value investors. The reason is because, in principle, only the net cash that can be taken from the business belongs to shareholders. This Free Cash Flow can be used to grow the business, reduce debt or return to shareholders in dividends or share buybacks.
In a DCF Calculation Free Cash Flow is used to determine the intrinsic value of companies.
Be Aware
In real business, Free Cash Flow can be affected by the change in accounts receivable, accounts payable, management's decision on expansion, etc. Therefore, investors should look at the Free Cash Flow over the longer term. Long-term average of Free Cash Flow is a more reliable indicator for real free cash flow.
Thank you for viewing the detailed overview of Meritage Homes's Price-to-Free-Cash-Flow provided by GuruFocus.com. Please click on the following links to see related term pages.
Phillippe Lord | officer: EXECUTIVE VICE PRESIDENT | 8800 EAST RAINTREE DRIVE, SUITE 300, SCOTTSDALE AZ 85260 |
Peter L Ax | director | |
Alison Sasser | officer: SVP - Chief Accounting Officer | 8800 E RAINTREE DRIVE, SUITE 300, SCOTTSDALE AZ 85260 |
Hilla Sferruzza | officer: Chief Accounting Officer | 8800 EAST RAINTREE DRIVE, SUITE 300, SCOTTSDALE AZ 85260 |
Javier Feliciano | officer: EVP Chief Human Resources Off | 8800 EAST RAINTREE DRIVE, SUITE 300, SCOTTSDALE AZ 85260 |
Dennis V Arriola | director | 162 CANCO ROAD, PORTLAND ME 04103 |
R. Odell Michael | director | 3111 WEST ALLEGHENY AVENUE, PHILADELPHIA PA 19130 |
Gerald W Haddock | director | C/O ENSCO, 5847 SAN FELIPE, HOUSTON TX 77057 |
Raymond Oppel | director | |
Steven J Hilton | officer: Chief Executive Officer | 6613 N SCOTTSDALE RD, SCOTTSDALE AZ 85250 |
Clinton Szubinski | officer: EVP - Chief Operating Officer | 8800 E RAINTREE DRIVE, SCOTTSDALE AZ 85260 |
Malissia Clinton | officer: EVP - Gen. Counsel, Secretary | 333 THREE D SYSTEMS CIRCLE, ROCK HILL SC 29730 |
Louis E Caldera | director | C/O BELO CORP, PO BOX 655237, DALLAS TX 75265-5237 |
C Timothy White | officer: EVP - Gen. Counsel, Secretary | |
Dana Bradford | director | BALLANTYNE OF OMAHA INC, 4350 MCKINLEY STREET, OMAHA NE 68112 |
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