MTHMeritage Homes Corporation

$58.80-20% 1Y

Is the price fair?

Fair

Neither cheap nor expensive: modest expectations priced in, but at the top of its own P/E range.

1 good, 1 to watch, 1 without data
What the price assumes~+0% a yearderived · Jun 30, 2026

Priced for ~0% a year FCF growth. The price bakes in little to no growth.

Vs its own P/E rangedearest in 39 quartersderived

Expensive vs its own history: P/E 12.3 vs a 8.3 median over 39 quarters (+48% vs median).

Against the whole market›

Percentile against every name Ryufin tracks. Higher is better; the tick marks the middle of the market. Context, not one of the checks above.

P/E (valuation)better than 80% of the market
FCF yieldbetter than 73% of the market

Where this answer is blind. The growth-implied estimate assumes a fixed discount rate; capital-heavy sectors look structurally rich on it.

What MTH's price assumes

Meritage Homes Corporation trades at 12.3× earnings against 12.8× for the median Residential Construction name, cheaper than its own group.

12.3

Trailing P/E · Residential Construction median 12.8 · cheaper than the typical name in its group

Free cash flow yield
7.4%

Free cash flow yield · Residential Construction median 5.7%

Growth the price implies
+0.35%

Growth the price implies · The price pays for +0.35% free cash flow growth a year for a decade; the business has delivered −24% a year over the last three.

Price / book
1.09

Price / book · as of 2026-Q2

Details›
Price / bookas of 2026-Q2
1.09
Consumer Cyclical median P/E321 names
17.8
Residential Construction median P/E17 names
12.8
Free cash flow, trailing twelve months
$415M
Market capitalisation
$5.57B
3-year free cash flow growth
−24%
What the market has paid for these earnings: 39 quarters of its own multiple × $4.80 of trailing earnings per share
MethodPer share
Its own P/E history, lower quartile$31.02
Its own P/E history, median$39.60
Its own P/E history, upper quartile$47.72
52-week range$58.37 – $83.34
Today$58.80

Multiples from SEC filings and end-of-day closes; implied growth from a reverse discounted cash flow. Group medians across the names Ryufin tracks.