Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
M/I HomesMHO +0.53%80 Intrinsic Value: Projected FCF is $187.04 as of Sep. 06, 2026. GuruFocus rates MHO with a GF Score™ of 80/100 and a GF Value™ of $135.68 (Fairly Valued). The stock has 8 warning signs investors should review. Among 69 Homebuilding & Construction companies, M/I Homes ranks worse than 56.52% on this metric.
Since the intrinsic value calculations based on Discounted Cash Flow Intrinsic Value: DCF (FCF Based), or Discounted Earnings Intrinsic Value: DCF (Earnings Based) cannot be applied to companies without consistent revenue and earnings, GuruFocus developed a valuation model based on normalized Free Cash Flow and Book Value of the company. The details of how we calculate the intrinsic value of stocks are described in detail here.
As of today (2026-09-06), M/I Homes's Intrinsic Value: Projected FCF is $187.04. The stock price of M/I Homes is $148.26. Therefore, M/I Homes's Price-to-Intrinsic-Value-Projected-FCF of today is 0.8.
The historical rank and industry rank for M/I Homes's Intrinsic Value: Projected FCF or its related term are showing as below:
MHO'
s Price-to-Projected-FCF Range Over the Past 10 Years
Min: 0.55 Med: 0.74 Max: 5.29
Current: 0.79
During the past 13 years, the highest Price-to-Intrinsic-Value-Projected-FCF of M/I Homes was 5.29. The lowest was 0.55. And the median was 0.74.
MHO's Price-to-Projected-FCF is ranked worse than 56.52% of 69
companies
in the Homebuilding & Construction industry
Industry Median: 0.73
vs MHO: 0.79
M/I Homes (NYSE:MHO) Intrinsic Value: Projected FCF Explanation
The growth multiple is capped between 8.35 and 17.74.
Total Stockholders Equity weighting is more art than science and it should always be revisited in more detail when researching a company. Weightings from 0% to 100% to more than 100% are possible. 80% was chosen as a happy median after taking the above ideas into consideration.
M/I Homes's Price-to-Intrinsic-Value-Projected-FCF for today is calculated as
Price-to-Intrinsic-Value-Projected-FCF
=
Share Price
/
Intrinsic Value: Projected FCF
=
148.26
/
187.03958019945
=
0.79
* 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 Intrinsic Value: Projected FCF Related Terms
M/I Homes Intrinsic Value: Projected FCF Historical Data
* Premium members only.
The historical data trend for M/I Homes's Intrinsic Value: Projected 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.
MHO vs KBH, CVCO, GRBK: Intrinsic Value: Projected FCF Comparison
For the Residential Construction subindustry, M/I Homes's Price-to-Projected-FCF, along with its competitors' market caps and Price-to-Projected-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 Price-to-Projected-FCF vs Homebuilding & Construction Industry
For the Homebuilding & Construction industry and Consumer Cyclical sector, M/I Homes's Price-to-Projected-FCF distribution charts can be found below:
* The bar in red indicates where M/I Homes's Price-to-Projected-FCF falls into.
M/I Homes Intrinsic Value: Projected FCF Calculation
Since the intrinsic value calculations based on Discounted Cash Flow Intrinsic Value: DCF (FCF Based), or Discounted Earnings Intrinsic Value: DCF (Earnings Based) cannot be applied to companies without consistent revenue and earnings, GuruFocus developed a valuation model based on normalized Free Cash Flow and Book Value of the company.
The details of how we calculate the intrinsic value of stocks are described in detail here.
This method smooths out the free cash flow over the past 6-7 years, multiplies the results by a growth multiple, and adds a portion of Total Stockholders Equity.
* 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.
What does a Intrinsic Value: Projected FCF of $187.04 mean?
M/I Homes (MHO) has a Intrinsic Value: Projected FCF of $187.04 as of Sep. 06, 2026. Intrinsic Value: Projected FCF is the stock value based on a projected free cash flow model. View historical data on M/I Homes and its competitors. According to the industry distribution chart, M/I Homes ranks #39 out of 69 companies in the Homebuilding & Construction industry, placing it in the top 56.5%.
Is M/I Homes' Intrinsic Value: Projected FCF too high?
M/I Homes' current Intrinsic Value: Projected FCF is $187.04. The Homebuilding & Construction industry median Intrinsic Value: Projected FCF is 0.73. M/I Homes' value of $187.04 is 25521.9% above this industry median. Based on the distribution chart, M/I Homes ranks #39 out of 69 companies in the Homebuilding & Construction industry, which is below the industry midpoint. Overall, M/I Homes has a GF Score™ of 80/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does M/I Homes' Intrinsic Value: Projected FCF compare to KBH and CVCO?
According to the Homebuilding & Construction industry distribution chart, M/I Homes ranks #39 out of 69 companies for Intrinsic Value: Projected FCF. This places M/I Homes in the lower half of its industry. The industry median Intrinsic Value: Projected FCF is 0.73. M/I Homes' value of $187.04 is 25521.9% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Intrinsic Value: Projected FCF for a Homebuilding & Construction company?
The median Intrinsic Value: Projected FCF among Homebuilding & Construction companies is 0.73, based on 69 companies in the industry. Companies in the top quartile (top 25%) have a Intrinsic Value: Projected FCF significantly above this median, while those in the bottom quartile fall well below. However, Intrinsic Value: Projected FCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. M/I Homes's current Intrinsic Value: Projected FCF of $187.04 is 25521.9% 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 Intrinsic Value: Projected FCF mean?
A high Intrinsic Value: Projected FCF can signal that a stock is expensive relative to its fundamentals. Intrinsic Value: Projected FCF is the stock value based on a projected free cash flow model. View historical data on M/I Homes and its competitors. For the Homebuilding & Construction industry, the median Intrinsic Value: Projected FCF is 0.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. M/I Homes's current Intrinsic Value: Projected FCF is $187.04. 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 Fairly Valued. The stock's GF Value™ is $135.68, compared to a current price of $148.26 — trading 9.3% above its estimated fair value. The current Intrinsic Value: Projected FCF is $187.04 and 25521.9% above the Homebuilding & Construction industry median of 0.73. M/I Homes' overall GF Score™ is 80/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Intrinsic Value: Projected FCF calculated?
Intrinsic Value: Projected FCF is calculated from a company's financial statements. For M/I Homes (MHO), the current Intrinsic Value: Projected FCF is $187.04 as of Sep. 06, 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 $148.26 is trading 9.3% above its estimated GF Value™ of $135.68.
GuruFocus considers M/I Homes to be Fairly Valued.
Key valuation signals for MHO:
Intrinsic Value: Projected FCF: $187.04
GF Value™: $135.68 vs. price of $148.26 (9.3% above fair value)
Industry Position: 25521.9% above the Homebuilding & Construction median (#39 of 69)
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 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.
80GF Score
Get the complete analysis for MHO
Intrinsic Value: Projected FCF is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
MHO has been successfully added to your 
