AlphaMadera's AlphaVal page computes M/I Homes, Inc.'s fair value using a multi-method blend (DCF, comparable-multiples, and Graham-style intrinsic value), then compares it to the current market price to flag MHO as undervalued, fairly valued, or overvalued.

What is M/I Homes, Inc.'s fair value?

Fair value for MHO is a model output combining discounted cash flow projections, peer-group multiples, and a Graham number floor. The live AlphaVal page shows the blended fair value alongside each method's individual estimate.

How does AlphaMadera value MHO?

AlphaVal uses three primary techniques: a five-year discounted-cash-flow projection with terminal multiple, peer-group multiple analysis (P/E, EV/EBITDA, P/S), and Graham's defensive-investor intrinsic-value formula. Inputs come from MHO's most recent reported fundamentals.

MHO - M/I Homes, Inc.

Price: -- -- | CONSENSUS: Hold DETAILS | PRICE TARGET: $165.00 DETAILS

AlphaVal

Deterministic, archetype-aware fair value

Cyclical & Capital-Intensive 80% confidence

Primary model: Normalized Earnings × Cycle Multiple

Valuation Signal Undervalued Strong

Trading 42.3% below fair value

Current Price $146.66

Bear Case $194.47 32.6% upside ($194.47 - $146.66) / $146.66 = 32.6% $16.21 × 14x + net cash

Fair Value $254.09 73.2% upside ($254.09 - $146.66) / $146.66 = 73.2% $16.21 × 18x + net cash

Bull Case $313.70 113.9% upside ($313.70 - $146.66) / $146.66 = 113.9% $16.21 × 22x + net cash

Adjust Assumptions

Cycle P/E Multiple

18.0x

Normalized EPS

16.21$

Key Value Driver

Through-cycle normalized EPS ($16.21)

Implied Market Multiple 9.0x

Plain-Language Summary

Our base-case estimate uses Normalized Earnings × Cycle Multiple. We then blend that result with the average analyst price target of $165.00 from 10 analysts, using a 20% weight on analyst consensus. That produces an estimated intrinsic value of $254.09 per share.

Warnings

ℹ Wall Street's average price target is $165.00 (from 10 analysts). Our estimate is 67% above the consensus -- consider that gap carefully.

Key Risks

Standard 10-year DCF produces unreliable terminal values for cyclicals
'Cheap' P/E at cycle peak is the most common value trap — normalize first
Captive finance subsidiaries have different risk profiles from manufacturing