M/I HomesFRA:4MI 80 ROE % is 8.59% as of Mar. 2026, which is 50% below its 10-year median of 17.01. 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. Among 95 Homebuilding & Construction companies, M/I Homes ranks better than 68.42% on this metric.
ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. M/I Homes's annualized net income for the quarter that ended in Mar. 2026 was €235 Mil. M/I Homes's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was €2,733 Mil. Therefore, M/I Homes's annualized ROE % for the quarter that ended in Mar. 2026 was 8.59%.
The historical rank and industry rank for M/I Homes's ROE % or its related term are showing as below:
FRA:4MI'
s ROE % Range Over the Past 10 Years
Min: 9.05 Med: 17.01 Max: 27.53
Current: 11.53
During the past 13 years, M/I Homes's highest ROE % was 27.53%. The lowest was 9.05%. And the median was 17.01%.
FRA:4MI's ROE % is ranked better than 68.42% of 95
companies
in the Homebuilding & Construction industry
Industry Median: 7.88
vs FRA:4MI: 11.53
M/I Homes (FRA:4MI) ROE % Explanation
ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.
The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:
Note:
The net income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.
* 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.
Be Aware
Net Income is used.
Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.
Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.
M/I Homes ROE % Related Terms
M/I Homes ROE % Historical Data
* Premium members only.
The historical data trend for M/I Homes's ROE % 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.
For the Residential Construction subindustry, M/I Homes's ROE %, along with its competitors' market caps and ROE % 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 ROE % vs Homebuilding & Construction Industry
For the Homebuilding & Construction industry and Consumer Cyclical sector, M/I Homes's ROE % distribution charts can be found below:
* The bar in red indicates where M/I Homes's ROE % falls into.
* 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.
In the calculation of annual ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data,
the net income data used here is four times the quarterly (Mar. 2026) net income data.
ROE % is displayed in the 30-year financial page.
M/I Homes (FRA:4MI) has a ROE % of 8.59% as of Mar. 2026. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on M/I Homes and its competitors. This is 50% below median its historical median of 17.01. Over the past decade, M/I Homes' ROE % has ranged from 9.05 to 27.53. According to the industry distribution chart, M/I Homes ranks #30 out of 95 companies in the Homebuilding & Construction industry, placing it in the top 31.6%.
Is M/I Homes' ROE % too high?
M/I Homes' current ROE % of 8.59% is 50% below median its 10-year median of 17.01. Over the past 10 years, this metric has ranged from a low of 9.05 to a high of 27.53. The Homebuilding & Construction industry median ROE % is 7.88. M/I Homes' value of 8.59% is 9% above this industry median. Based on the distribution chart, M/I Homes ranks #30 out of 95 companies in the Homebuilding & Construction industry, which is above the industry midpoint. 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' ROE % compare to KBH and GRBK?
According to the Homebuilding & Construction industry distribution chart, M/I Homes ranks #30 out of 95 companies for ROE %. This puts M/I Homes in the upper half of its industry. The industry median ROE % is 7.88. M/I Homes' value of 8.59% is 9% above this benchmark. Historically, M/I Homes' own ROE % has ranged from 9.05 to 27.53 over the past decade. While the company's 10-year median is 17.01 vs. the industry median of 7.88, M/I Homes has consistently been above 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 ROE % for a Homebuilding & Construction company?
The median ROE % among Homebuilding & Construction companies is 7.88, based on 95 companies in the industry. Companies in the top quartile (top 25%) have a ROE % significantly above this median, while those in the bottom quartile fall well below. However, ROE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. M/I Homes's current ROE % of 8.59% is 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 ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on M/I Homes and its competitors. For the Homebuilding & Construction industry, the median ROE % is 7.88 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. M/I Homes's current ROE % is 8.59%, which is 50% below median its own 10-year median of 17.01. 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 ROE % is 8.59%, which is 50% below median its 10-year median of 17.01 and 9% above the Homebuilding & Construction industry median of 7.88. 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 ROE % calculated?
ROE % is calculated from a company's financial statements. For M/I Homes (FRA:4MI), the current ROE % is 8.59% 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:
ROE %: 8.59% (50% below median its 10-year median of 17.01)
GF Value™: €112.21 vs. price of €139.00 (23.9% above fair value)
Industry Position: 9% above the Homebuilding & Construction median (#30 of 95)
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 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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