LearnGlossaryMarketStocksSuperinvestorsSign in

MTH

Meritage Homes Corporation

Consumer Cyclical · $4.2B market cap

Verdict

Share price

$63.85

close of Oct 3, 2026

Fair value

$44.53

Sticker Price

Payback Price

$17.81

buy price

Overpriced

MTH is Overpriced: at $63.85 it trades 43% above its fair value of $44.53. Its buy price (Payback Price) is $17.81, 72% below today's price. Business quality is solid: 3 of 5 key numbers clear the 10% bar.

How we valued it

Buffett Normalized. A profitable, growing business, so we project its earnings 10 years ahead and work out what that is worth today.

Business quality

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

Earnings per share growth16.0% a year✓
Equity per share growth14.3% a year✓
Sales growth11.4% a year✓
Free cash flow growth4.5% a year✗
Return on invested capital9.9%✗

Follow MTH

Get notified when it reaches its buy price of $17.81. Free.

Create a free account

Superinvestors

1 of the investors we track holds MTH. In Q2 2026, 1 trimmed and 1 sold out. Who we track

Greenhaven Associates

Greenhaven Associates · as of Q2 2026

$108.8M

1,297,494 shares

Moves in Q2 2026

Trimmed: Greenhaven Associates

Sold out: Howard Marks

About Meritage Homes Corporation

Meritage Homes Corporation, alongside its associated companies, focuses on the design and construction of single-family residences throughout the United States. The enterprise operates primarily through two distinct divisions: home construction and financial services. Its core business involves acquiring and developing land, followed by the building, marketing, and selling of homes, predominantly targeting…

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