M/I Homes (FRA:4MI) ROCE %: 7.65% (As of Mar. 2026)

What is M/I Homes ROCE %?

M/I Homes FRA:4MI 80 ROCE % is 7.65% as of Mar. 2026. GuruFocus rates FRA:4MI with a GF Score™ of 80/100 and a GF Value™ of €112.21 (Modestly Overvalued). The stock has 9 warning signs investors should review.

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. M/I Homes's annualized ROCE % for the quarter that ended in Mar. 2026 was 7.65%.

M/I Homes (FRA:4MI) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

M/I Homes ROCE % Related Terms

M/I Homes ROCE % Historical Data

* Premium members only.

The historical data trend for M/I Homes's ROCE % 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 ROCE % Chart

M/I Homes Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Dec25

ROCE %

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20.32

20.90

16.25

17.95

11.88

M/I Homes Quarterly Data
	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25	Jun25	Sep25	Dec25	Mar26
ROCE %	Get a 7-Day Free Trial															12.96	13.87	12.78	10.22	7.65

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M/I Homes Inc FRA:4MI

ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.

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M/I Homes ROCE % Calculation

M/I Homes's annualized ROCE % for the fiscal year that ended in Dec. 2025 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2025 )		(A: Dec. 2024 )		(A: Dec. 2025 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2025 )		(A: Dec. 2024 )		(A: Dec. 2025 )
	=	473.306	/	( ( (4345.055 - 255.85)	+	(4079.665 - 198.154) )	/ 2 )
	=	473.306	/	( (4089.205	+	3881.511)	/ 2 )
	=	473.306	/	3985.358
	=	11.88 %

M/I Homes's ROCE % of for the quarter that ended in Mar. 2026 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2026 )		(Q: Dec. 2025 )		(Q: Mar. 2026 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2026 )		(Q: Dec. 2025 )		(Q: Mar. 2026 )
	=	297.784	/	( ( (4079.665 - 198.154)	+	(4141.954 - 238.096) )	/ 2 )
	=	297.784	/	( ( 3881.511	+	3903.858 )	/ 2 )
	=	297.784	/	3892.6845
	=	7.65 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

Frequently Asked Questions Learn more about ROCE % →

What does a ROCE % of 7.65% mean?

M/I Homes (FRA:4MI) has a ROCE % of 7.65% as of Mar. 2026.

Is M/I Homes' ROCE % too high?

M/I Homes' current ROCE % is 7.65%. The Homebuilding & Construction industry median ROCE % is 8.02. M/I Homes' value of 7.65% is 4.6% below this industry median. Overall, M/I Homes has a GF Score™ of 80/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.

How does M/I Homes' ROCE % compare to KBH and GRBK?

M/I Homes' ROCE % of 7.65% can be compared against companies in the Homebuilding & Construction industry. The industry median ROCE % is 8.02. M/I Homes' value of 7.65% is 4.6% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.

What is a good ROCE % for a Homebuilding & Construction company?

The median ROCE % among Homebuilding & Construction companies is 8.02, based on 95 companies in the industry. Companies in the top quartile (top 25%) have a ROCE % significantly above this median, while those in the bottom quartile fall well below. However, ROCE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. M/I Homes's current ROCE % of 7.65% is 4.6% 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 ROCE % mean?

A high ROCE % can signal that a stock is expensive relative to its fundamentals. For the Homebuilding & Construction industry, the median ROCE % is 8.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. M/I Homes's current ROCE % is 7.65%. 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 (FRA:4MI) is currently considered Modestly Overvalued. The stock's GF Value™ is €112.21, compared to a current price of €139.00 — trading 23.9% above its estimated fair value. The current ROCE % is 7.65% and 4.6% below the Homebuilding & Construction industry median of 8.02. M/I Homes' overall GF Score™ is 80/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.

How is ROCE % calculated?

ROCE % is calculated from a company's financial statements. For M/I Homes (FRA:4MI), the current ROCE % is 7.65% as of Mar. 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 (FRA:4MI) Overvalued in 2026?

Based on GuruFocus' analysis, M/I Homes stock appears to be overvalued. The current stock price of €139.00 is trading 23.9% above its estimated GF Value™ of €112.21. GuruFocus considers M/I Homes to be Modestly Overvalued.

Key valuation signals for FRA:4MI:

ROCE %: 7.65%
GF Value™: €112.21 vs. price of €139.00 (23.9% above fair value)
GF Score™: 80/100 with 9 warning signs
Industry Position: 4.6% below the Homebuilding & Construction median

No single metric tells the full story. See the FRA:4MI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

M/I Homes Business Description

Industry Consumer Cyclical Homebuilding & Construction

Comparable Companies KBH GRBK SKY CVCO MTH DFH TMHC LGIH IBP BZH DHI PHM LEN NVR TSE:1928 TOL TSE:1911 LSE:BTRW LSE:PSN TSE:1808

Other Exchanges MHO:USA 0A8X:UK 4MI:Germany

Address 4131 Worth Avenue, Suite 500, Columbus, OH, USA, 43219

Website https://www.mihomes.com

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.

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

€139.00

Price

€112.21

GF Value

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