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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 : 5/10

vs
industry
vs
history
Cash-to-Debt 0.07
MTH's Cash-to-Debt is ranked lower than
78% of the 738 Companies
in the Global Residential Construction industry.

( Industry Median: 0.55 vs. MTH: 0.07 )
Ranked among companies with meaningful Cash-to-Debt only.
MTH' s Cash-to-Debt Range Over the Past 10 Years
Min: 0  Med: 0.13 Max: N/A
Current: 0.07
Equity-to-Asset 0.49
MTH's Equity-to-Asset is ranked higher than
54% of the 679 Companies
in the Global Residential Construction industry.

( Industry Median: 0.46 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: 0.06  Med: 0.42 Max: 0.95
Current: 0.49
0.06
0.95
Interest Coverage 68.34
MTH's Interest Coverage is ranked higher than
63% of the 598 Companies
in the Global Residential Construction industry.

( Industry Median: 18.26 vs. MTH: 68.34 )
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: 68.34
Current: 68.34
0.28
68.34
Piotroski F-Score: 3
Altman Z-Score: 2.34
Beneish M-Score: -1.72
WACC vs ROIC
6.11%
5.24%
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 % 5.97
MTH's Operating Margin % is ranked higher than
61% of the 735 Companies
in the Global Residential Construction industry.

( Industry Median: 3.69 vs. MTH: 5.97 )
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: 5.97
-15.66
10.59
Net Margin % 4.91
MTH's Net Margin % is ranked higher than
65% of the 738 Companies
in the Global Residential Construction industry.

( Industry Median: 2.56 vs. MTH: 4.91 )
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: 4.91
-19.17
8.73
ROE % 11.11
MTH's ROE % is ranked higher than
66% of the 689 Companies
in the Global Residential Construction industry.

( Industry Median: 5.87 vs. MTH: 11.11 )
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: 11.11
-46.44
17.78
ROA % 5.36
MTH's ROA % is ranked higher than
70% of the 760 Companies
in the Global Residential Construction industry.

( Industry Median: 2.28 vs. MTH: 5.36 )
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: 5.36
-18.99
7.52
ROC (Joel Greenblatt) % 678.75
MTH's ROC (Joel Greenblatt) % is ranked higher than
99% of the 751 Companies
in the Global Residential Construction industry.

( Industry Median: 10.96 vs. MTH: 678.75 )
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: 678.75
-1254.76
1019.46
3-Year Revenue Growth Rate 14.60
MTH's 3-Year Revenue Growth Rate is ranked higher than
86% of the 666 Companies
in the Global Residential Construction industry.

( Industry Median: -0.70 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: -80.6  Med: 21.1 Max: 407.2
Current: 14.6
-80.6
407.2
3-Year EBITDA Growth Rate 2.40
MTH's 3-Year EBITDA Growth Rate is ranked lower than
53% of the 568 Companies
in the Global Residential Construction industry.

( Industry Median: 3.70 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: -77.1  Med: 44.7 Max: 196.6
Current: 2.4
-77.1
196.6
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 522 Companies
in the Global Residential Construction industry.

( Industry Median: 6.30 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: 32.7 Max: 227.1
Current: 3
-59.7
227.1
GuruFocus has detected 4 Warning Signs with Meritage Homes Corp $MTH.
More than 500,000 people have already joined GuruFocus to track the stocks they follow and exchange investment ideas.
» MTH's 30-Y Financials

Financials (Next Earnings Date: 2017-08-01)


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

» Details

Guru Trades

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
Q1 2017

MTH Guru Trades in Q1 2017

Ruane Cunniff 315,000 sh (New)
David Dreman 13,260 sh (unchged)
Ken Fisher 1,707,572 sh (-2.70%)
» More
Q2 2017

MTH Guru Trades in Q2 2017

Ken Fisher 1,719,947 sh (+0.72%)
» 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, NYSE:KBH, NYSE:TPH, NAS:CVCO, NAS:LGIH, NYSE:WLH, NYSE:MHO, NYSE:CCS, NYSE:BZH, NAS:AVHI, NYSE:HOV, NYSE:TMHC, NYSE:NWHM, NYSE:UCP, OTCPK:NOBH, AMEX:SKY, NYSE:CAA, NYSE:TOL, NYSE:PHM, NYSE:NVR » details
Traded in other countries:MEY.Germany,
Headquarter Location:USA
Meritage Homes Corp has its presence in the homebuilding industry. It designs and builds single-family attached and detached homes.

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.

Top Ranked Articles about Meritage Homes Corp

Meritage Homes Announces Closing of $300 Million of 5.125% Senior Unsecured Notes Due 2027
Meritage Homes Donates Brand New Mortgage-Free Home to Operation Homefront
Meritage Homes Announces Pricing of 5.125% Senior Unsecured Notes Due 2027
Meritage Homes Presentation at J.P. Morgan
Meritage Homes to Develop New Spring Brook Village Community in Houston
EPA Recognizes Meritage Homes With Fifth Consecutive ENERGY STAR® Partner of the Year—Sustained Excellence Award for Its Leadership in Energy-Efficient Homebuilding
Meritage Homes Appoints Phil Bodem to Southern California Division President
Meritage Homes Appoints Christopher Ryan to Florida Division President
Meritage Homes First Quarter 2017 Earnings Release and Webcast Conference Call Scheduled for April 27, 2017
Meritage Homes Reschedules Analyst Meeting for March 30 in New York City

SCOTTSDALE, Ariz., March 15, 2017 (GLOBE NEWSWIRE) -- Meritage Homes Corporation (:MTH), a leading U.S. homebuilder, has rescheduled its Analyst Day meeting for investors and financial analysts to take place at the New York Stock Exchange on Thursday, March 30, 2017. Management presentations will begin at 9:00 AM Eastern Time and conclude by 12:00 PM Eastern Time.
Analysts or investors interested in attending the live event should email [email protected] to register. Due to limited capacity, advance registration is required. The event is not open to members of the press. The event will be webcast live and may be accessed through the "Investor Relations" page of the Company's web site at http://investors.meritagehomes.com. Participants should access the webcast event page at least five minutes before the live event for the audio link and any accompanying materials.  Archived versions of the webcast will be available on this site for 60 days following the presentation. About Meritage Meritage Homes is the eighth-largest public homebuilder in the United States, based on homes closed in 2016. Meritage Homes builds and sells single-family homes for first-time, move-up, luxury and active adult buyers across the Western, Southern and Southeastern United States. Meritage Homes builds in markets including Sacramento, San Francisco Bay area, southern coastal and Inland Empire markets in California; Houston, Dallas-Ft. Worth, Austin and San Antonio, Texas; Phoenix/Scottsdale, Green Valley and Tucson, Arizona; Denver and Fort Collins, Colorado; Orlando, Tampa and south Florida; Raleigh and Charlotte, North Carolina; Greenville-Spartanburg and York County, South Carolina; Nashville, Tennessee; and Atlanta, Georgia. Meritage Homes has designed and built over 100,000 homes in its 31-year history, and has a reputation for its distinctive style, quality construction, and positive customer experience. Meritage Homes is the industry leader in energy-efficient homebuilding and has received the U.S. Environmental Protection Agency's ENERGY STAR Partner of the Year for Sustained Excellence Award every year since 2013 for innovation and industry leadership in energy efficient homebuilding. For more information, visit www.meritagehomes.com.
Contact:
Brent Anderson, VP Investor Relations
(972) 580-6360
[email protected]


Read more...

Ratios

vs
industry
vs
history
PE Ratio 11.66
MTH's PE Ratio is ranked higher than
66% of the 531 Companies
in the Global Residential Construction industry.

( Industry Median: 15.82 vs. MTH: 11.66 )
Ranked among companies with meaningful PE Ratio only.
MTH' s PE Ratio Range Over the Past 10 Years
Min: 3.4  Med: 11.33 Max: 124.27
Current: 11.66
3.4
124.27
Forward PE Ratio 11.11
MTH's Forward PE Ratio is ranked lower than
51% of the 45 Companies
in the Global Residential Construction industry.

( Industry Median: 10.80 vs. MTH: 11.11 )
Ranked among companies with meaningful Forward PE Ratio only.
N/A
PE Ratio without NRI 11.66
MTH's PE Ratio without NRI is ranked higher than
66% of the 532 Companies
in the Global Residential Construction industry.

( Industry Median: 15.87 vs. MTH: 11.66 )
Ranked among companies with meaningful PE Ratio without NRI only.
MTH' s PE Ratio without NRI Range Over the Past 10 Years
Min: 3.4  Med: 11.33 Max: 124.27
Current: 11.66
3.4
124.27
PB Ratio 1.17
MTH's PB Ratio is ranked higher than
50% of the 650 Companies
in the Global Residential Construction industry.

( Industry Median: 1.17 vs. MTH: 1.17 )
Ranked among companies with meaningful PB Ratio only.
MTH' s PB Ratio Range Over the Past 10 Years
Min: 0.28  Med: 1.33 Max: 2.62
Current: 1.17
0.28
2.62
PS Ratio 0.58
MTH's PS Ratio is ranked higher than
59% of the 725 Companies
in the Global Residential Construction industry.

( Industry Median: 0.78 vs. MTH: 0.58 )
Ranked among companies with meaningful PS Ratio only.
MTH' s PS Ratio Range Over the Past 10 Years
Min: 0.09  Med: 0.62 Max: 1.41
Current: 0.58
0.09
1.41
EV-to-EBIT 12.17
MTH's EV-to-EBIT is ranked higher than
55% of the 590 Companies
in the Global Residential Construction industry.

( Industry Median: 13.39 vs. MTH: 12.17 )
Ranked among companies with meaningful EV-to-EBIT only.
MTH' s EV-to-EBIT Range Over the Past 10 Years
Min: -152.1  Med: 11.2 Max: 136.4
Current: 12.17
-152.1
136.4
EV-to-EBITDA 11.36
MTH's EV-to-EBITDA is ranked lower than
53% of the 619 Companies
in the Global Residential Construction industry.

( Industry Median: 10.70 vs. MTH: 11.36 )
Ranked among companies with meaningful EV-to-EBITDA only.
MTH' s EV-to-EBITDA Range Over the Past 10 Years
Min: -52  Med: 10.7 Max: 335.6
Current: 11.36
-52
335.6
PEG Ratio 0.22
MTH's PEG Ratio is ranked higher than
88% of the 260 Companies
in the Global Residential Construction industry.

( Industry Median: 1.23 vs. MTH: 0.22 )
Ranked among companies with meaningful PEG Ratio only.
MTH' s PEG Ratio Range Over the Past 10 Years
Min: 0.11  Med: 0.17 Max: 2.43
Current: 0.22
0.11
2.43
Current Ratio 0.58
MTH's Current Ratio is ranked lower than
89% of the 726 Companies
in the Global Residential Construction industry.

( Industry Median: 1.61 vs. MTH: 0.58 )
Ranked among companies with meaningful Current Ratio only.
MTH' s Current Ratio Range Over the Past 10 Years
Min: 0.05  Med: 0.53 Max: 3.89
Current: 0.58
0.05
3.89
Quick Ratio 0.58
MTH's Quick Ratio is ranked lower than
71% of the 725 Companies
in the Global Residential Construction industry.

( Industry Median: 0.95 vs. MTH: 0.58 )
Ranked among companies with meaningful Quick Ratio only.
MTH' s Quick Ratio Range Over the Past 10 Years
Min: 0.05  Med: 0.53 Max: 3.89
Current: 0.58
0.05
3.89
Days Sales Outstanding 10.16
MTH's Days Sales Outstanding is ranked higher than
90% of the 585 Companies
in the Global Residential Construction industry.

( Industry Median: 49.38 vs. MTH: 10.16 )
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: 10.16
6.15
43.43
Days Payable 19.41
MTH's Days Payable is ranked lower than
79% of the 566 Companies
in the Global Residential Construction industry.

( Industry Median: 44.06 vs. MTH: 19.41 )
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: 20.51
Current: 19.41
7.41
20.51

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
62% of the 314 Companies
in the Global Residential Construction industry.

( Industry Median: -0.70 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: -44.1  Med: -3.8 Max: 18.2
Current: -3.4
-44.1
18.2

Valuation & Return

vs
industry
vs
history
Price-to-Tangible-Book 1.17
MTH's Price-to-Tangible-Book is ranked higher than
51% of the 642 Companies
in the Global Residential Construction industry.

( Industry Median: 1.21 vs. MTH: 1.17 )
Ranked among companies with meaningful Price-to-Tangible-Book only.
MTH' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.31  Med: 1.39 Max: 3.79
Current: 1.17
0.31
3.79
Price-to-Median-PS-Value 0.94
MTH's Price-to-Median-PS-Value is ranked higher than
77% of the 689 Companies
in the Global Residential Construction industry.

( Industry Median: 1.25 vs. MTH: 0.94 )
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: 0.24  Med: 0.98 Max: 28.14
Current: 0.94
0.24
28.14
Price-to-Peter-Lynch-Fair-Value 0.47
MTH's Price-to-Peter-Lynch-Fair-Value is ranked higher than
78% of the 161 Companies
in the Global Residential Construction industry.

( Industry Median: 0.86 vs. MTH: 0.47 )
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: 0.1  Med: 0.3 Max: 1.89
Current: 0.47
0.1
1.89
Price-to-Graham-Number 0.78
MTH's Price-to-Graham-Number is ranked higher than
66% of the 489 Companies
in the Global Residential Construction industry.

( Industry Median: 1.03 vs. MTH: 0.78 )
Ranked among companies with meaningful Price-to-Graham-Number only.
MTH' s Price-to-Graham-Number Range Over the Past 10 Years
Min: 0.26  Med: 0.77 Max: 4.02
Current: 0.78
0.26
4.02
Earnings Yield (Greenblatt) % 8.22
MTH's Earnings Yield (Greenblatt) % is ranked higher than
65% of the 757 Companies
in the Global Residential Construction industry.

( Industry Median: 5.53 vs. MTH: 8.22 )
Ranked among companies with meaningful Earnings Yield (Greenblatt) % only.
MTH' s Earnings Yield (Greenblatt) % Range Over the Past 10 Years
Min: -58.4  Med: 2.8 Max: 28
Current: 8.22
-58.4
28
Forward Rate of Return (Yacktman) % 39.27
MTH's Forward Rate of Return (Yacktman) % is ranked higher than
89% of the 322 Companies
in the Global Residential Construction industry.

( Industry Median: 9.51 vs. MTH: 39.27 )
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: 39.27
-11.4
88

More Statistics

Revenue (TTM) (Mil) $3,098.94
EPS (TTM) $ 3.61
Beta1.28
Short Percentage of Float9.77%
52-Week Range $29.70 - 43.30
Shares Outstanding (Mil)40.31

Analyst Estimate

Dec17 Dec18 Dec19
Revenue (Mil $) 3,238 3,530 3,870
EPS ($) 3.79 4.51 5.31
EPS without NRI ($) 3.79 4.51 5.31
EPS Growth Rate
(Future 3Y To 5Y Estimate)
N/A
Dividends per Share ($)
» More Articles for NYSE:MTH

Headlines

Articles On GuruFocus.com
7 Stocks Trading Below the Peter Lynch Value Jun 28 2017 
Meritage Homes Announces Closing of $300 Million of 5.125% Senior Unsecured Notes Due 2027 Jun 06 2017 
Meritage Homes Donates Brand New Mortgage-Free Home to Operation Homefront May 25 2017 
Meritage Homes Announces Pricing of 5.125% Senior Unsecured Notes Due 2027 May 22 2017 
Meritage Homes Presentation at J.P. Morgan May 03 2017 
Meritage Homes to Develop New Spring Brook Village Community in Houston May 01 2017 
EPA Recognizes Meritage Homes With Fifth Consecutive ENERGY STAR® Partner of the Year—Sustai Apr 06 2017 
Meritage Homes Appoints Phil Bodem to Southern California Division President Apr 06 2017 
Meritage Homes Appoints Christopher Ryan to Florida Division President Apr 06 2017 
Meritage Homes First Quarter 2017 Earnings Release and Webcast Conference Call Scheduled for April 2 Apr 04 2017 

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Meritage Homes to Include Advanced Wireless Home Automation Package in New Homes Jul 05 2017
Meritage Homes Second Quarter 2017 Earnings Release and Webcast Conference Call Scheduled for August... Jun 30 2017
3 Top Stocks You've Been Overlooking Jun 19 2017
Meritage Homes Announces Closing of $300 Million of 5.125% Senior Unsecured Notes Due 2027 Jun 06 2017
Meritage Homes Donates Brand New Mortgage-Free Home to Operation Homefront May 25 2017
Meritage Homes Announces Pricing of 5.125% Senior Unsecured Notes Due 2027 May 22 2017
Meritage Homes Corporation -- Moody's rates Meritage's proposed unsecured notes Ba2 May 22 2017
Meritage Homes Announces Offering of $300 Million of Senior Unsecured Notes Due 2027 May 22 2017
ETFs with exposure to Meritage Homes Corp. : May 12, 2017 May 12 2017
Meritage Homes Corp. :MTH-US: Earnings Analysis: Q1, 2017 By the Numbers : May 11, 2017 May 11 2017
Meritage Homes Presentation at J.P. Morgan May 03 2017
Edited Transcript of MTH earnings conference call or presentation 27-Apr-17 2:00pm GMT May 02 2017
Meritage Homes Corp Builds Better Results on Strong Orders, New Communities May 01 2017
Homebuilder closes on Spring Branch golf course for new community May 01 2017
Meritage Homes to Develop New Spring Brook Village Community in Houston May 01 2017
EMCOR (EME) Posts Record Q1 Earnings, Revenues, Guides Up Apr 28 2017

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