Meritage Homes Corporation (MTH): Price and Financial Metrics

MTH POWR Grades

• Momentum is the dimension where MTH ranks best; there it ranks ahead of 99.98% of US stocks.
• MTH's strongest trending metric is Momentum; it's been moving up over the last 179 days.
• MTH ranks lowest in Growth; there it ranks in the 14th percentile.

MTH Stock Summary

• MERITAGE HOMES CORP's stock had its IPO on December 16, 1988, making it an older stock than 90.21% of US equities in our set.
• With a price/earnings ratio of 4.76, MERITAGE HOMES CORP P/E ratio is greater than that of about just 10.7% of stocks in our set with positive earnings.
• Of note is the ratio of MERITAGE HOMES CORP's sales and general administrative expense to its total operating expenses; 87.44% of US stocks have a lower such ratio.
• If you're looking for stocks that are quantitatively similar to MERITAGE HOMES CORP, a group of peers worth examining would be GRBK, LRN, AYI, KBH, and SHOO.
• MTH's SEC filings can be seen here. And to visit MERITAGE HOMES CORP's official web site, go to www.meritagehomes.com.

MTH Valuation Summary

• MTH's price/sales ratio is 0.7; this is 61.11% lower than that of the median Consumer Cyclical stock.
• Over the past 243 months, MTH's price/earnings ratio has gone down 2.6.

Below are key valuation metrics over time for MTH.

MTH Growth Metrics

Its 2 year price growth rate is now at 58.9%.
• Its 3 year net cashflow from operations growth rate is now at -140.4%.
• Its 5 year net income to common stockholders growth rate is now at 94.16%.

MTH's revenue has moved up $2,126,241,000 over the prior 33 months.

The table below shows MTH's growth in key financial areas (numbers in millions of US dollars).

Date	Revenue	Operating Cash Flow	Net Income to Common Stock
2022-09-30	5,804.084	-73.195	967.287
2022-06-30	5,484.854	-215.447	905.55
2022-03-31	5,350.394	-125.958	822.855
2021-12-31	5,147.326	-152.092	737.444
2021-09-30	5,058.391	-91.428	652.511
2021-06-30	4,936.386	149.443	560.877

MTH's Quality Factors

The “Quality” component of the POWR Ratings focuses on 31 different factors of a companies fundamentals and operational strength. Here are some key insights as we drill into the specifics of these quality attributes.

• MTH has a Quality Grade of C, ranking ahead of 42.61% of graded US stocks.
• MTH's asset turnover comes in at 1.205 -- ranking 26th of 51 Construction stocks.
• NVR, PWR, and STRL are the stocks whose asset turnover ratios are most correlated with MTH.

The table below shows MTH's key quality metrics over time.