MHO

M/I Homes, Inc.

Consumer Cyclical · $3.5B market cap

Verdict

Share price

$134.76

close of Oct 3, 2026

Fair value

$53.27

Sticker Price

Payback Price

$21.31

buy price

Overpriced

MHO is Overpriced: at $134.76 it trades 153% above its fair value of $53.27. Its buy price (Payback Price) is $21.31, 84% below today's price. Business quality is strong: 4 of 5 key numbers clear the 10% bar.

How we valued it

Free Cash Flow. Sales grew 2% a year over the last 3 years, below the 15% we look for in a fast grower, so we value it on its free cash flow instead of an earnings forecast.

Business quality

4 of 5 clear the 10% bar. What are the Big Five?

Earnings per share growth24.1% a year✓
Equity per share growth10.6% a year✓
Sales growth14.4% a year✓
Free cash flow growth1.3% a year✗
Return on invested capital11.0%✓

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Superinvestors

None of the investors we track holds MHO right now. In Q1 2026, 1 sold out. Who we track

Moves in Q1 2026

Sold out: First Eagle Investment Management

Insider activity

Since Jul 31, 2026: no open-market purchases, 7 sales worth $7.5M and 6 other filings (stock awards, tax withholding and similar). Why purchases matter

Sales

Other filings

About M/I Homes, Inc.

M/I Homes, Inc. (MHO), along with its affiliated companies, constructs single-family residences across a broad geographical area, including Ohio, Indiana, Illinois, Minnesota, Michigan, Florida, Texas, North Carolina, and Tennessee. Its operations are divided into three primary segments: Northern Homebuilding, Southern Homebuilding, and Financial Services. Under the M/I Homes brand, the company engages in the entire…

Residential Construction

Fair value and Payback Price are estimates from the company's reported financials, not investment advice. Prices as of the close of Oct 3, 2026. How the Payback Price works