MHO (M/I Homes) EV-to-EBITDA: 8.90 (As of Aug. 11, 2026) — 30% Above Median

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MHO M/I Homes Inc MHO
82 GF Score
Price $152.28
GF Value $135.04
Valuation Modestly Overvalued
! 8 Warning Signs
View Full Analysis

What is M/I Homes EV-to-EBITDA?

M/I Homes MHO +2.82% 82 EV-to-EBITDA is 8.90 as of Aug. 11, 2026, which is 30% above its 10-year median of 6.87. GuruFocus rates MHO with a GF Score™ of 82/100 and a GF Value™ of $135.04 (Modestly Overvalued). The stock has 8 warning signs investors should review. Among 81 Homebuilding & Construction companies, M/I Homes ranks better than 61.73% on this metric.

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, M/I Homes's enterprise value is $4,117 Mil. M/I Homes's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 was $462 Mil. Therefore, M/I Homes's EV-to-EBITDA for today is 8.90.

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

MHO' s EV-to-EBITDA Range Over the Past 10 Years
Min: 3.01   Med: 6.87   Max: 13.12
Current: 8.9

During the past 13 years, the highest EV-to-EBITDA of M/I Homes was 13.12. The lowest was 3.01. And the median was 6.87.

MHO's EV-to-EBITDA is ranked better than
61.73% of 81 companies
in the Homebuilding & Construction industry
Industry Median: 10.35 vs MHO: 8.90

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 (2026-08-11), M/I Homes's stock price is $152.28. M/I Homes's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 was $11.880. Therefore, M/I Homes's PE Ratio (TTM) for today is 12.82.

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


M/I Homes  (NYSE:MHO) 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 (TTM) to determine the fair market value of a company.

M/I Homes's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=152.28/11.880
=12.82

M/I Homes's share price for today is $152.28.
M/I Homes's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $11.880.

* 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 (TTM).

Please read Which price ratio outperforms the enterprise multiple?


M/I Homes EV-to-EBITDA Related Terms


M/I Homes EV-to-EBITDA Historical Data

* Premium members only.

The historical data trend for M/I 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.

M/I Homes EV-to-EBITDA Chart

M/I Homes Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.79 3.00 6.66 5.28 6.37

M/I Homes Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 4.83 6.49 6.37 6.54 9.35

MHO vs KBH, CVCO, SKY: EV-to-EBITDA Comparison

For the Residential Construction subindustry, M/I 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.


M/I Homes EV-to-EBITDA vs Homebuilding & Construction Industry

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

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


MHO
82GF Score
M/I Homes Inc MHO
EV-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

M/I Homes EV-to-EBITDA Calculation

M/I Homes's EV-to-EBITDA for today is calculated as:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=4117.194/462.467
=8.90

M/I Homes's current Enterprise Value is $4,117 Mil.
M/I Homes's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $462 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.

Frequently Asked Questions Learn more about EV-to-EBITDA →
What does a EV-to-EBITDA of 8.90 mean?
M/I Homes (MHO) has a EV-to-EBITDA of 8.90 as of Aug. 11, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on M/I Homes. This is 30% above median its historical median of 6.87. Over the past decade, M/I Homes' EV-to-EBITDA has ranged from 3.01 to 13.12. According to the industry distribution chart, M/I Homes ranks #31 out of 81 companies in the Homebuilding & Construction industry, placing it in the top 38.3%.
Is M/I Homes' EV-to-EBITDA too high?
M/I Homes' current EV-to-EBITDA of 8.90 is 30% above median its 10-year median of 6.87. Over the past 10 years, this metric has ranged from a low of 3.01 to a high of 13.12. The Homebuilding & Construction industry median EV-to-EBITDA is 10.35. M/I Homes' value of 8.90 is 14% below this industry median. Based on the distribution chart, M/I Homes ranks #31 out of 81 companies in the Homebuilding & Construction industry, which is above the industry midpoint. Overall, M/I Homes has a GF Score™ of 82/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does M/I Homes' EV-to-EBITDA compare to KBH and CVCO?
According to the Homebuilding & Construction industry distribution chart, M/I Homes ranks #31 out of 81 companies for EV-to-EBITDA. This puts M/I Homes in the upper half of its industry. The industry median EV-to-EBITDA is 10.35. M/I Homes' value of 8.90 is 14% below this benchmark. Historically, M/I Homes' own EV-to-EBITDA has ranged from 3.01 to 13.12 over the past decade. While the company's 10-year median is 6.87 vs. the industry median of 10.35, M/I Homes has consistently been below 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 EV-to-EBITDA for a Homebuilding & Construction company?
The median EV-to-EBITDA among Homebuilding & Construction companies is 10.35, based on 81 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. M/I Homes's current EV-to-EBITDA of 8.90 is 14% below 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 EV-to-EBITDA mean?
A high EV-to-EBITDA can signal that a stock is expensive relative to its fundamentals. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on M/I Homes. For the Homebuilding & Construction industry, the median EV-to-EBITDA is 10.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. M/I Homes's current EV-to-EBITDA is 8.90, which is 30% above median its own 10-year median of 6.87. 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 (MHO) is currently considered Modestly Overvalued. The stock's GF Value™ is $135.04, compared to a current price of $152.28 — trading 12.8% above its estimated fair value. The current EV-to-EBITDA is 8.90, which is 30% above median its 10-year median of 6.87 and 14% below the Homebuilding & Construction industry median of 10.35. M/I Homes' overall GF Score™ is 82/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBITDA calculated?
EV-to-EBITDA is calculated from a company's financial statements. For M/I Homes (MHO), the current EV-to-EBITDA is 8.90 as of Aug. 11, 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 (MHO) Overvalued in 2026?

Based on GuruFocus' analysis, M/I Homes stock appears to be overvalued. The current stock price of $152.28 is trading 12.8% above its estimated GF Value™ of $135.04. GuruFocus considers M/I Homes to be Modestly Overvalued.

Key valuation signals for MHO:

  • EV-to-EBITDA: 8.90 (30% above median its 10-year median of 6.87)
  • GF Value™: $135.04 vs. price of $152.28 (12.8% above fair value)
  • GF Score™: 82/100 with 8 warning signs
  • Industry Position: 14% below the Homebuilding & Construction median (#31 of 81)

No single metric tells the full story. See the MHO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


M/I Homes Business Description

Other Exchanges 0A8X:UK4MI:Germany
Address 4131 Worth Avenue, Suite 500, Columbus, OH, USA, 43219
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.
82GF Score

Get the complete analysis for MHO

EV-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$152.28
Price
$135.04
GF Value