Think of Enterprise Value as the theoretical takeover price. It is more comprehensive than market capitalization (Market Cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.
EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Meritage Homes's Enterprise Value is €5,908 Mil.
Meritage Homes's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was €428 Mil. Therefore, Meritage Homes's EV-to-EBIT ratio for today is 13.81.
EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Meritage Homes's Enterprise Value is €5,908 Mil.
Meritage Homes's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was €449 Mil. Therefore, Meritage Homes's EV-to-EBITDA ratio for today is 13.15.
EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Meritage Homes's Enterprise Value is €5,908 Mil.
Meritage Homes's Revenue for the trailing twelve months (TTM) ended in Mar. 2026 was €4,830 Mil. Therefore, Meritage Homes's EV-to-Revenue ratio for today is 1.22.
EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, Meritage Homes's Enterprise Value is €5,908 Mil.
Meritage Homes's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was €204 Mil. Therefore, Meritage Homes's EV-to-FCF ratio for today is 28.91.
*** Please note that the current Enterprise Value is calculated using the current market capitalization and the most recently available financial data. If key financial fields—Long-Term Debt & Capital Lease Obligation and Short-Term Debt & Capital Lease Obligation—are recorded as null in the latest reporting period, our data vendor will default to using data from the prior period with valid entries.
Meritage Homes (FRA:MEY) Enterprise Value Explanation
When an investor buy a company, the investor needs to pay not only the common shares, he/she also needs to pay the shareholders of Preferred Stocks. He also assumes the debt of the company, and receives the cash on the company's balance sheet.
If a company has more cash than debt, the investor actually pays less than the Market Cap because he immediately owns the cash once the transaction goes through.
The market value of Preferred Stock needs to be added to the market value of common stocks in the calculation of Enterprise Value.
For the companies with the same Market Cap, the smaller the Enterprise Value is, the cheaper the company is.
Enterprise Value can be negative when the company's net cash is more than its Market Cap. In this case the investor is basically getting the company for free and get paid for that.
1. EV-to-EBIT is calculated as Enterprise Value divided by its EBIT.
Meritage Homes's current Enterprise Value is €5,908 Mil.
Meritage Homes's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €428 Mil.
2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.
Meritage Homes's current Enterprise Value is €5,908 Mil.
Meritage Homes's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €449 Mil.
Meritage Homes's current Enterprise Value is €5,908 Mil.
Meritage Homes's Revenue for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €4,830 Mil.
Meritage Homes's current Enterprise Value is €5,908 Mil.
Meritage Homes's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €225 Mil.
Meritage Homes's current Enterprise Value is €5,908 Mil.
Meritage Homes's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €204 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 Enterprise Value Related Terms
Meritage Homes Enterprise Value Historical Data
* Premium members only.
The historical data trend for Meritage Homes's Enterprise Value 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.
FRA:MEY vs IBP, SKY, CVCO: Enterprise Value Comparison
For the Residential Construction subindustry, Meritage Homes's Enterprise Value, along with its competitors' market caps and Enterprise Value 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 Enterprise Value vs Homebuilding & Construction Industry
For the Homebuilding & Construction industry and Consumer Cyclical sector, Meritage Homes's Enterprise Value distribution charts can be found below:
* The bar in red indicates where Meritage Homes's Enterprise Value falls into.
Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.
Meritage Homes's Enterprise Value for the fiscal year that ended in Dec. 2025 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.
Meritage Homes (FRA:MEY) has a Enterprise Value of €5,908 Mil as of Jul. 01, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Meritage Homes and its competitors.
Is Meritage Homes' Enterprise Value too high?
Meritage Homes' current Enterprise Value is €5,908 Mil. Overall, Meritage Homes has a GF Score™ of 78/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Meritage Homes' Enterprise Value compare to IBP and SKY?
Meritage Homes' Enterprise Value of €5,908 Mil can be compared against companies in the Homebuilding & Construction industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Enterprise Value for a Homebuilding & Construction company?
A good Enterprise Value depends on the Homebuilding & Construction industry context. However, Enterprise Value should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Enterprise Value mean?
A high Enterprise Value can signal that a stock is expensive relative to its fundamentals. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Meritage Homes and its competitors. Meritage Homes's current Enterprise Value is €5,908 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Meritage Homes stock overvalued right now?
Based on GuruFocus' analysis, Meritage Homes (FRA:MEY) is currently considered Modestly Overvalued. The stock's GF Value™ is €57.95, compared to a current price of €73.00 — trading 26% above its estimated fair value. The current Enterprise Value is €5,908 Mil. Meritage Homes' overall GF Score™ is 78/100 with 10 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Enterprise Value calculated?
Enterprise Value is calculated from a company's financial statements. For Meritage Homes (FRA:MEY), the current Enterprise Value is €5,908 Mil as of Jul. 01, 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 Meritage Homes (FRA:MEY) Overvalued in 2026?
Based on GuruFocus' analysis, Meritage Homes stock appears to be overvalued.
The current stock price of €73.00 is trading 26% above its estimated GF Value™ of €57.95.
GuruFocus considers Meritage Homes to be Modestly Overvalued.
Key valuation signals for FRA:MEY:
Enterprise Value: €5,908 Mil
GF Value™: €57.95 vs. price of €73.00 (26% above fair value)
No single metric tells the full story. See the FRA:MEY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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, comprising twelve states: Arizona, California, Colorado, Utah, Tennessee, Texas, Alabama, Florida, Georgia, Mississippi, North Carolina, and South Carolina. 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 offers title and escrow, mortgage, and insurance services. The company generates key revenue from the Homebuilding segment.
78GF Score
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