MI Homes Price To Earning vs. Net Income
| MHO Stock | USD 151.87 3.70 2.38% |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Gross Profit Margin | 0.15 | 0.2526 |
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For MI Homes profitability analysis, we use financial ratios and fundamental drivers that measure the ability of MI Homes to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well MI Homes utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between MI Homes's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of MI Homes over time as well as its relative position and ranking within its peers.
MHO |
MI Homes' Revenue Breakdown by Earning Segment
Check out Correlation Analysis.
Is Household Durables space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of MI Homes. If investors know MHO will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about MI Homes listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.058 | Earnings Share 18.62 | Revenue Per Share 153.475 | Quarterly Revenue Growth 0.092 | Return On Assets 0.0973 |
The market value of MI Homes is measured differently than its book value, which is the value of MHO that is recorded on the company's balance sheet. Investors also form their own opinion of MI Homes' value that differs from its market value or its book value, called intrinsic value, which is MI Homes' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because MI Homes' market value can be influenced by many factors that don't directly affect MI Homes' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between MI Homes' value and its price as these two are different measures arrived at by different means. Investors typically determine if MI Homes is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MI Homes' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
MI Homes Net Income vs. Price To Earning Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining MI Homes's current stock value. Our valuation model uses many indicators to compare MI Homes value to that of its competitors to determine the firm's financial worth. MI Homes is rated below average in price to earning category among its peers. It is regarded third in net income category among its peers making up about 105,524,943 of Net Income per Price To Earning. At this time, MI Homes' Net Income is very stable compared to the past year. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the MI Homes' earnings, one of the primary drivers of an investment's value.MHO Net Income vs. Price To Earning
Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.
MI Homes |
| = | 4.41 X |
Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.
Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
MI Homes |
| = | 465.37 M |
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
MHO Net Income Comparison
MI Homes is currently under evaluation in net income category among its peers.
MI Homes Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in MI Homes, profitability is also one of the essential criteria for including it into their portfolios because, without profit, MI Homes will eventually generate negative long term returns. The profitability progress is the general direction of MI Homes' change in net profit over the period of time. It can combine multiple indicators of MI Homes, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
| Last Reported | Projected for Next Year | ||
| Operating Income | 576.9 M | 605.7 M | |
| Income Before Tax | 607.3 M | 637.6 M | |
| Total Other Income Expense Net | 30.4 M | 31.9 M | |
| Net Income | 465.4 M | 488.6 M | |
| Income Tax Expense | 141.9 M | 149 M | |
| Net Income Applicable To Common Shares | 564.3 M | 592.5 M | |
| Net Income From Continuing Ops | 490.5 M | 515 M | |
| Non Operating Income Net Other | 6.9 K | 6.6 K | |
| Interest Income | 2 M | 1.9 M | |
| Net Interest Income | 11.7 M | 12.3 M | |
| Change To Netincome | 60.8 M | 63.9 M | |
| Net Income Per Share | 16.76 | 17.60 | |
| Income Quality | 1.19 | 1.25 | |
| Net Income Per E B T | 0.77 | 0.65 |
MHO Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on MI Homes. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of MI Homes position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the MI Homes' important profitability drivers and their relationship over time.
Use MI Homes in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if MI Homes position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in MI Homes will appreciate offsetting losses from the drop in the long position's value.MI Homes Pair Trading
MI Homes Pair Trading Analysis
The ability to find closely correlated positions to MI Homes could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace MI Homes when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back MI Homes - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling MI Homes to buy it.
The correlation of MI Homes is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as MI Homes moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if MI Homes moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for MI Homes can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your MI Homes position
In addition to having MI Homes in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Sovereign ETFs theme has 17 constituents at this time.
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Check out Correlation Analysis. To learn how to invest in MHO Stock, please use our How to Invest in MI Homes guide.You can also try the Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.
To fully project MI Homes' future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of MI Homes at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include MI Homes' income statement, its balance sheet, and the statement of cash flows.