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Meritage Homes (FRA:MEY) EV-to-EBITDA : 6.89 (As of Sep. 24, 2024)


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What is Meritage Homes EV-to-EBITDA?

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Meritage Homes's enterprise value is €7,038 Mil. Meritage Homes's EBITDA for the trailing twelve months (TTM) ended in Jun. 2024 was €1,022 Mil. Therefore, Meritage Homes's EV-to-EBITDA for today is 6.89.

The historical rank and industry rank for Meritage Homes's EV-to-EBITDA or its related term are showing as below:

FRA:MEY' s EV-to-EBITDA Range Over the Past 10 Years
Min: 2.61   Med: 9.61   Max: 14.7
Current: 7.12

During the past 13 years, the highest EV-to-EBITDA of Meritage Homes was 14.70. The lowest was 2.61. And the median was 9.61.

FRA:MEY's EV-to-EBITDA is ranked better than
80% of 85 companies
in the Homebuilding & Construction industry
Industry Median: 10.87 vs FRA:MEY: 7.12

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.

As of today (2024-09-24), Meritage Homes's stock price is €182.00. Meritage Homes's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2024 was €21.053. Therefore, Meritage Homes's PE Ratio for today is 8.64.

The "classic" EV-to-EBITDA is much better in capturing debt and net cash than the PE Ratio.


Meritage Homes EV-to-EBITDA Historical Data

The historical data trend for Meritage Homes's EV-to-EBITDA 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.

* Premium members only.

Meritage Homes EV-to-EBITDA Chart

Meritage Homes Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EV-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.04 6.02 5.22 2.80 6.65

Meritage Homes Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
EV-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.77 4.23 6.65 6.24 5.67

Competitive Comparison of Meritage Homes's EV-to-EBITDA

For the Residential Construction subindustry, Meritage Homes's EV-to-EBITDA, along with its competitors' market caps and EV-to-EBITDA 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.


Meritage Homes's EV-to-EBITDA Distribution in the Homebuilding & Construction Industry

For the Homebuilding & Construction industry and Consumer Cyclical sector, Meritage Homes's EV-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Meritage Homes's EV-to-EBITDA falls into.



Meritage Homes EV-to-EBITDA Calculation

Meritage Homes's EV-to-EBITDA for today is calculated as:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=7038.202/1021.598
=6.89

Meritage Homes's current Enterprise Value is €7,038 Mil.
Meritage Homes's EBITDA for the trailing twelve months (TTM) ended in Jun. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €1,022 Mil.

* 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  (FRA:MEY) EV-to-EBITDA Explanation

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.

Meritage Homes's PE Ratio for today is calculated as:

PE Ratio=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=182.00/21.053
=8.64

Meritage Homes's share price for today is €182.00.
Meritage Homes's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €21.053.

* 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.

Study has found that the companies with the lowest EV-to-EBITDA outperforms companies measured as cheap by other ratios such as PE Ratio.

Please read Which price ratio outperforms the enterprise multiple?


Meritage Homes EV-to-EBITDA Related Terms

Thank you for viewing the detailed overview of Meritage Homes's EV-to-EBITDA provided by GuruFocus.com. Please click on the following links to see related term pages.


Meritage Homes Business Description

Traded in Other Exchanges
Address
8800 East Raintree Drive, Suite 300, Scottsdale, AZ, USA, 85260
Meritage Homes Corp is engaged as a designer and builder of single-family attached and detached homes. It has operations in three regions: West, Central, and East, which are comprised of ten states: Arizona, California, Colorado, Texas, Florida, Georgia, North Carolina, South Carolina, Tennessee, and Utah. The company operates with two principal business segments; homebuilding and financial services. The homebuilding segments are engaged in the business of acquiring and developing land, constructing homes, marketing and selling those homes and providing warranty and customer services and the financial services segment offer title and escrow, mortgage, and insurance services. The company generates key revenue from the homebuilding segment.

Meritage Homes Headlines

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