M/I HomesLTS:0A8X +0.22%83 Cyclically Adjusted Price-to-FCF is 30.36 as of Jun. 24, 2026, which is 9% below its 10-year median of 33.27. GuruFocus rates LTS:0A8X with a GF Score™ of 83/100 and a GF Value™ of $129.17 (Modestly Overvalued). The stock has 8 warning signs investors should review. Among 48 Homebuilding & Construction companies, M/I Homes ranks worse than 75% on this metric.
The historical rank and industry rank for M/I Homes's Cyclically Adjusted Price-to-FCF or its related term are showing as below:
LTS:0A8X'
s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 9.36 Med: 33.27 Max: 113.26
Current: 29.58
During the past years, M/I Homes's highest Cyclically Adjusted Price-to-FCF was 113.26. The lowest was 9.36. And the median was 33.27.
LTS:0A8X's Cyclically Adjusted Price-to-FCF is ranked worse than 75% of 48
companies
in the Homebuilding & Construction industry
Industry Median: 11.275
vs LTS:0A8X: 29.58
The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted free cash flow per share of a company over the past 10 years.
M/I Homes's adjusted free cash flow per share data for the three months ended in Mar. 2026 was $5.104. Add all the adjusted free cash flow per share for the past 10 years together and divide 10 will get our Cyclically Adjusted FCF per Share, which is $4.91 for the trailing ten years ended in Mar. 2026.
Shiller PE for Stocks: The True Measure of Stock Valuation
M/I Homes (LTS:0A8X) Cyclically Adjusted Price-to-FCF Explanation
Compared with the regular Price-to-Free-Cash-Flow, which works poorly for cyclical businesses, the Cyclically Adjusted Price-to-FCF smoothed out the fluctuations of free cash flow during business cycles. Therefore it is more accurate in reflecting the valuation of the company.
If a company has consistent business performance, the Cyclically Adjusted Price-to-FCF should give similar results to regular Price-to-Free-Cash-Flow.
M/I Homes Cyclically Adjusted Price-to-FCF Related Terms
M/I Homes Cyclically Adjusted Price-to-FCF Historical Data
* Premium members only.
The historical data trend for M/I Homes's Cyclically Adjusted Price-to-FCF 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.
LTS:0A8X vs KBH, GRBK, SKY: Cyclically Adjusted Price-to-FCF Comparison
For the Residential Construction subindustry, M/I Homes's Cyclically Adjusted Price-to-FCF, along with its competitors' market caps and Cyclically Adjusted Price-to-FCF 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.
M/I Homes Cyclically Adjusted Price-to-FCF vs Homebuilding & Construction Industry
For the Homebuilding & Construction industry and Consumer Cyclical sector, M/I Homes's Cyclically Adjusted Price-to-FCF distribution charts can be found below:
* The bar in red indicates where M/I Homes's Cyclically Adjusted Price-to-FCF falls into.
M/I Homes Cyclically Adjusted Price-to-FCF Calculation
Like the Shiller PE Ratio, the Cyclically Adjusted Price-to-FCF takes the Free Cash Flow per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/FCF calculation. Because it considers this 10-year average, it's often referred to as the CAPFCF Ratio.
The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF.
M/I Homes's Cyclically Adjusted Price-to-FCF for today is calculated as
* 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.
Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.
What does a Cyclically Adjusted Price-to-FCF of 30.36 mean?
M/I Homes (LTS:0A8X) has a Cyclically Adjusted Price-to-FCF of 30.36 as of Jun. 24, 2026. Cyclically Adjusted Price-to-FCF Ratio is the ratio of share price to a company's inflation-adjusted FCF per share over a 10-year period. View historical data on M/I Homes and its competitors. This is near median its historical median of 33.27. Over the past decade, M/I Homes' Cyclically Adjusted Price-to-FCF has ranged from 9.36 to 113.26. According to the industry distribution chart, M/I Homes ranks #36 out of 48 companies in the Homebuilding & Construction industry, placing it in the top 75%.
Is M/I Homes' Cyclically Adjusted Price-to-FCF too high?
M/I Homes' current Cyclically Adjusted Price-to-FCF of 30.36 is near median its 10-year median of 33.27. Over the past 10 years, this metric has ranged from a low of 9.36 to a high of 113.26. The Homebuilding & Construction industry median Cyclically Adjusted Price-to-FCF is 11.28. M/I Homes' value of 30.36 is 169.3% above this industry median. Based on the distribution chart, M/I Homes ranks #36 out of 48 companies in the Homebuilding & Construction industry, which is below the industry midpoint. Overall, M/I Homes has a GF Score™ of 83/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does M/I Homes' Cyclically Adjusted Price-to-FCF compare to KBH and GRBK?
According to the Homebuilding & Construction industry distribution chart, M/I Homes ranks #36 out of 48 companies for Cyclically Adjusted Price-to-FCF. This places M/I Homes in the lower half of its industry. The industry median Cyclically Adjusted Price-to-FCF is 11.28. M/I Homes' value of 30.36 is 169.3% above this benchmark. Historically, M/I Homes' own Cyclically Adjusted Price-to-FCF has ranged from 9.36 to 113.26 over the past decade. While the company's 10-year median is 33.27 vs. the industry median of 11.28, M/I Homes has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Price-to-FCF for a Homebuilding & Construction company?
The median Cyclically Adjusted Price-to-FCF among Homebuilding & Construction companies is 11.28, based on 48 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted Price-to-FCF significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted Price-to-FCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. M/I Homes's current Cyclically Adjusted Price-to-FCF of 30.36 is 169.3% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted Price-to-FCF mean?
A high Cyclically Adjusted Price-to-FCF can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted Price-to-FCF Ratio is the ratio of share price to a company's inflation-adjusted FCF per share over a 10-year period. View historical data on M/I Homes and its competitors. For the Homebuilding & Construction industry, the median Cyclically Adjusted Price-to-FCF is 11.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. M/I Homes's current Cyclically Adjusted Price-to-FCF is 30.36, which is near median its own 10-year median of 33.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is M/I Homes stock overvalued right now?
Based on GuruFocus' analysis, M/I Homes (LTS:0A8X) is currently considered Modestly Overvalued. The stock's GF Value™ is $129.17, compared to a current price of $149.05 — trading 15.4% above its estimated fair value. The current Cyclically Adjusted Price-to-FCF is 30.36, which is near median its 10-year median of 33.27 and 169.3% above the Homebuilding & Construction industry median of 11.28. M/I Homes' overall GF Score™ is 83/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted Price-to-FCF calculated?
Cyclically Adjusted Price-to-FCF is calculated from a company's financial statements. For M/I Homes (LTS:0A8X), the current Cyclically Adjusted Price-to-FCF is 30.36 as of Jun. 24, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is M/I Homes (LTS:0A8X) Overvalued in 2026?
Based on GuruFocus' analysis, M/I Homes stock appears to be overvalued.
The current stock price of $149.05 is trading 15.4% above its estimated GF Value™ of $129.17.
GuruFocus considers M/I Homes to be Modestly Overvalued.
Key valuation signals for LTS:0A8X:
Cyclically Adjusted Price-to-FCF: 30.36 (near median its 10-year median of 33.27)
GF Value™: $129.17 vs. price of $149.05 (15.4% above fair value)
Industry Position: 169.3% above the Homebuilding & Construction median (#36 of 48)
No single metric tells the full story. See the LTS:0A8X stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
M/I Homes Inc is an American construction company that focuses on residential construction. It consists of two distinct operations: homebuilding and financial services. The homebuilding operations are spread into the Midwest, Mid-Atlantic, and Southern regions, and the financial services operations support homebuilding operations by providing mortgage loans and title services to the customers of homebuilding operations. Homebuilding operations comprises a predominant portion of the revenue. The company builds homes and communities that target entry-level, move-up, and luxury homebuyers.
83GF Score
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Cyclically Adjusted Price-to-FCF is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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