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Meritage Homes Corporation MTH NYSE

NYSE • Consumer Cyclical • Residential Construction • US • USD

SharesGrow Score
63/100
3/7 Pass
SharesGrow Intrinsic Value
$34.27
-48.6%
Analyst Price Target
$87.33
+31%
SharesGrow 7-Criteria Score All 7 criteria scored · valuation-related highlighted on this page

Meritage Homes Corporation (MTH) trades at a trailing P/E of 9.9, forward P/E of 11.5. Trailing earnings yield is 10.07%, forward earnings yield 8.68%. PEG 0.42 (Peter Lynch undervalued ≤1.0). Graham Number is $105.08.

Criteria proven by this page:

  • VALUE (97/100, Pass) — P/E is below market average (9.9); PEG ≤ 1.0 — Peter Lynch undervalued (0.42); analyst target implies upside (+31%); earnings yield beats bond yields (10.07%).
  • PEG Ratio 0.42 — below 1.0 suggests the stock is undervalued relative to its earnings growth rate (Peter Lynch criterion).
  • Trailing Earnings Yield 10.07% — exceeds typical bond yields (~4.3%), making equity attractive vs fixed income.
  • Analyst consensus target $87.33 (+31% upside) — significant upside potential according to Wall Street analysts.

Overall SharesGrow Score: 63/100 with 3/7 criteria passed.

SharesGrow 7-Criteria Score
63/100
SG Score
View full scorecard →
VALUE
97/100
Price-to-Earnings & upside
Proven by this page
~
FUTURE
52/100
Analyst consensus
→ Forecast
PAST
100/100
→ Income
HEALTH
100/100
Debt-to-Equity & liquidity
→ Health
MOAT
31/100
→ Income
GROWTH
15/100
→ Income
~
INCOME
45/100
→ Income

Valuation Snapshot — MTH

Valuation Multiples
P/E (TTM)9.9
Forward P/E11.5
PEG Ratio0.42
Forward PEG0.42
P/B Ratio0.87
P/S Ratio0.78
EV/EBITDA9.6
Per Share Data
EPS (TTM)$6.54
Forward EPS (Est.)$5.78
Book Value / Share$75.02
Revenue / Share$84.59
FCF / Share$1.34
Yields & Fair Value
Earnings Yield10.07%
Forward Earnings Yield8.68%
Dividend Yield2.73%
Graham Number$105.08
SharesGrow IV$34.27 (-48.6%)
Analyst Target$87.33 (+31%)

Historical Valuation

Year P/E (TTM) PEG Ratio P/B Ratio P/S Ratio Dividend Yield
2016 9.3 0.62 0.98 0.46 -
2017 14.4 -2.99 1.31 0.64 -
2018 6.5 0.11 0.86 0.42 -
2019 9.3 0.60 1.18 0.64 -
2020 7.4 0.10 1.33 0.69 -
2021 6.2 0.08 1.51 0.89 -
2022 3.4 0.09 0.86 0.54 -
2023 8.6 -0.34 1.38 1.04 0.62%
2024 7.1 0.94 1.08 0.87 1.95%
2025 10.3 -0.25 0.90 0.80 2.60%

EPS: Actual vs Estimates

P/E Ratio & Earnings Yield

Earnings Per Share (EPS) History

Year EPS (Diluted) Revenue Net Income Net Margin
2016 $3.55 $3.06B $149.54M 4.9%
2017 $3.41 $3.25B $143.26M 4.4%
2018 $5.58 $3.54B $227.33M 6.4%
2019 $6.42 $3.68B $249.66M 6.8%
2020 $11.00 $4.51B $423.48M 9.4%
2021 $19.29 $5.15B $737.44M 14.3%
2022 $26.74 $6.3B $992.19M 15.8%
2023 $19.93 $6.14B $738.75M 12%
2024 $10.72 $6.39B $786.19M 12.3%
2025 $6.40 $5.86B $453.01M 7.7%

Analyst Estimates

Year EPS (Avg) EPS Range Revenue (Avg) Revenue Range Analysts
2026 $5.83 $5.41 – $6.19 $5.77B $5.68B – $5.88B 9
2027 $7.32 $5.74 – $8.01 $6.3B $5.99B – $6.93B 9
2028 $9.40 $8.93 – $9.87 $6.67B $6.42B – $7.04B 2
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