MT

Meritage Homes CorpNYSE MTH Stock Report

Last reporting period 30 Sep, 2024

Updated 05 Nov, 2024

Last price

Market cap $B

7.462

Middle

Exchange

XNYS - New York Stock Exchange, Inc

View Section: Eyestock Rating

Meritage Fair Value

MT

The fair market value of MTH stock is 140.41 USD. Relative to the market price of 190.79 USD Meritage is overvalued by 26.4%

Eyestock's quantitative valuation approach is based on the method of estimating historical multipliers. To determine whether a stock is undervalued, we compare its current price to our estimated of fair value. The more undervalued a stock is, the more investment is profitable.

Fair Relative Value

Overvalued 26.4%
140.41 USD
MTH Fair Value
190.79 USD
Market price of MTH

Meritage Valuation

Current MTH share ticker price is 190.79 USD.

The fair value level of 140.41 USD can be considered as an effective entry point for long-term investors to start investing in MTH stock. For a more in-depth assessment, we provide a minimum value that can be used to increase a stock position and a maximum one that can be used to reduce it.

Price chart is not available

1y
3y
5y
All time
Market price

Current market price

Fair value

Current price is 26% higher its fair value

Min value

Current price is 59% higher its minimum value

Max value

Current price is 4% lower its maximum value

06.11.2024

Market price:

* Eyestock is not operated by a broker, a dealer, or a registered investment adviser. Under no circumstances does any information posted on eyestock.io represent a recommendation to buy or sell a security.

MTH stock is overvalued

It means the current price may concern as a Risky Entry Point

Meritage Homes Corp Stock Valuation Calculator

How do we value a stock?

As fair value, we use the product of the median Price-to-earnings ratios at the end of each reporting period for the last 5 years and earnings per share for the last 12 months. By analogy with the fair value, we calculate the maximum and minimum ones using the corresponding P/E extremums.

1

Maximum P/E over 5 years

8.88

2

Median P/E over 5 years

6.28

3

Minimum P/E over 5 years

3.47

4

Earning per share (last 12 months)

22.37 USD

Maximum value

1

x

4

=

198.69 USD

Fair value

2

x

4

=

140.41 USD

Minimum value

3

x

4

=

77.51 USD

Meritage Homes Corp price metrics

21.33

Annual return (geometric mean)

49.9

Risk (standard deviation) of returns

β

1.89

Beta (volatility compared to market)

It means that MTH stock is more volatile than the broader market

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View Section: Profitability