What is Meritage Homes Intrinsic Value: Projected FCF?
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 (2024-04-24), Meritage Homes's Intrinsic Value: Projected FCF is $206.74. The stock price of Meritage Homes is $154.69. Therefore, Meritage Homes's Price-to-Intrinsic-Value-Projected-FCF of today is 0.8.
The historical rank and industry rank for Meritage Homes's Intrinsic Value: Projected FCF or its related term are showing as below:
MTH'
s Price-to-Projected-FCF Range Over the Past 10 Years
Min: 0.57 Med: 1.13 Max: 5.9
Current: 0.75
During the past 13 years, the highest Price-to-Intrinsic-Value-Projected-FCF of Meritage Homes was 5.90. The lowest was 0.57. And the median was 1.13.
MTH's Price-to-Projected-FCF is ranked better than 51.25% of 80
companies
in the Homebuilding & Construction industry
Industry Median: 0.82
vs MTH: 0.75
Meritage Homes Intrinsic Value: Projected FCF Historical Data
The historical data trend for Meritage 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.
* Premium members only.
Meritage Homes Intrinsic Value: Projected FCF Chart
Competitive Comparison of Meritage Homes's Intrinsic Value: Projected FCF
For the Residential Construction subindustry, Meritage 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.
Meritage Homes's Price-to-Projected-FCF Distribution in the Homebuilding & Construction Industry
For the Homebuilding & Construction industry and Consumer Cyclical sector, Meritage Homes's Price-to-Projected-FCF distribution charts can be found below:
* The bar in red indicates where Meritage Homes's Price-to-Projected-FCF falls into.
Meritage 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.
Meritage Homes (NYSE:MTH) 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.
Meritage 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
=
154.69
/
206.74334312317
=
0.75
* 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 Intrinsic Value: Projected FCF Related Terms
Thank you for viewing the detailed overview of Meritage Homes's Intrinsic Value: Projected FCF provided by GuruFocus.com. Please click on the following links to see related term pages.
Meritage Homes (Meritage Homes) Business Description
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.
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