Meritage Historical Financial Ratios
MTH Stock | USD 177.04 3.92 2.26% |
Meritage is lately reporting on over 108 different financial statement accounts. To analyze all of these accounts together requires a lot of time and effort. However, using these accounts to derive some meaningful and actionable indicators such as Days Sales Outstanding of 16.67 will help investors to properly organize and evaluate Meritage financial condition quickly.
Meritage |
About Meritage Financial Ratios Analysis
MeritageFinancial ratios are relationships based on a company's financial information. They can serve as useful tools to evaluate Meritage investment potential. Financial ratio analysis can also be defined as the process of presenting financial ratios, which are mathematical indicators calculated by comparing key financial information appearing on Meritage financial statements. Financial ratios are useful tools that help investors analyze and compare relationships between different pieces of financial information across Meritage history.
Meritage Financial Ratios Chart
Meritage financial ratios usually calculated using numerical values taken directly from Meritage financial statements such as income statements or balance sheets. They help investors to obtain meaningful information about Meritage. Most financial ratios help to conduct quantitative analysis to assess vital information about the company's valuation as well as profitability and liquidity indicators such as leverage, growth, profit margins, and different types of rates of return.
As of now, Meritage's Stock Based Compensation To Revenue is decreasing as compared to previous years. The Meritage's current Free Cash Flow Per Share is estimated to increase to 9.10, while Price To Sales Ratio is projected to decrease to 0.99. Add Fundamental
Price To Sales Ratio
Price to Sales Ratio is figured by comparing Meritage stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Meritage sales, a figure that is much harder to manipulate than other Meritage multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company’s stock price to its revenues, calculated by dividing the company’s market cap by its total sales or revenue over a 12-month period.Dividend Yield
Dividend Yield is Meritage dividend as a percentage of Meritage stock price. Meritage dividend yield is a measure of Meritage stock productivity, which can be interpreted as interest rate earned on an Meritage investment. A financial ratio that shows how much a company pays out in dividends each year relative to its stock price, calculated as annual dividends per share divided by price per share.Ptb Ratio
Price-to-Book ratio, a financial valuation metric used to compare a company's current market price to its book value. It provides insight into the value that market participants place on the company's equity relative to its net asset value.Effective Tax Rate
Effective Tax Rate is the average rate at which Meritage pre-tax profits are taxed by the government. The effective tax rate is computed by dividing Meritage total tax expenses by Meritage earnings before taxes.Most ratios from Meritage's fundamentals are interrelated and interconnected. However, analyzing fundamentals ratios one by one will only give a small insight into Meritage current financial condition. On the other hand, looking into the entire matrix of fundamentals ratios, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Meritage. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate. For more detail on how to invest in Meritage Stock please use our How to Invest in Meritage guide.As of now, Meritage's Stock Based Compensation To Revenue is decreasing as compared to previous years. The Meritage's current Free Cash Flow Per Share is estimated to increase to 9.10, while Price To Sales Ratio is projected to decrease to 0.99.
2023 | 2024 (projected) | Dividend Yield | 0.007127 | 0.006771 | Price To Sales Ratio | 1.04 | 0.99 |
Meritage fundamentals Correlations
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Meritage Account Relationship Matchups
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Meritage fundamentals Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Ptb Ratio | 0.86 | 1.18 | 1.33 | 1.51 | 1.38 | 1.02 | |
Days Sales Outstanding | 8.78 | 7.98 | 10.46 | 12.46 | 15.88 | 16.67 | |
Book Value Per Share | 51.81 | 62.25 | 80.95 | 107.64 | 125.94 | 132.24 | |
Invested Capital | 0.53 | 0.45 | 0.38 | 0.29 | 0.24 | 0.23 | |
Operating Cash Flow Per Share | 9.1 | 14.06 | (4.04) | 11.04 | 9.71 | 10.2 | |
Capex To Depreciation | (0.87) | (0.64) | (0.98) | (1.09) | (1.51) | (1.58) | |
Pb Ratio | 0.86 | 1.18 | 1.33 | 1.51 | 1.38 | 1.02 | |
Ev To Sales | 0.82 | 0.75 | 1.0 | 0.58 | 1.06 | 1.01 | |
Free Cash Flow Per Share | 8.46 | 13.53 | (4.73) | 10.31 | 8.67 | 9.1 | |
Net Income Per Share | 6.55 | 11.23 | 19.61 | 27.04 | 20.17 | 21.18 | |
Days Of Inventory On Hand | 336.4 | 287.22 | 367.2 | 353.88 | 373.12 | 397.28 | |
Payables Turnover | 19.21 | 20.14 | 17.18 | 16.45 | 17.0 | 15.45 | |
Sales General And Administrative To Revenue | 0.0391 | 0.0397 | 0.0353 | 0.0306 | 0.0378 | 0.0657 | |
Capex To Revenue | (0.00663) | (0.004423) | (0.004986) | (0.004282) | (0.006223) | (0.006534) | |
Cash Per Share | 8.38 | 19.77 | 16.44 | 23.8 | 25.16 | 26.41 | |
Pocfratio | 6.71 | 5.89 | (30.18) | 8.35 | 17.94 | 18.84 | |
Interest Coverage | 37.87 | 246.09 | 3.1K | 31.4K | 28.3K | 29.7K | |
Capex To Operating Cash Flow | (0.0703) | (0.0376) | 0.17 | (0.0666) | (0.11) | (0.1) | |
Pfcf Ratio | 7.22 | 6.12 | (25.83) | 8.94 | 20.1 | 21.1 | |
Days Payables Outstanding | 19.0 | 18.12 | 21.24 | 22.19 | 21.47 | 27.64 | |
Income Quality | 1.39 | 1.25 | (0.21) | 0.41 | 0.48 | 0.51 | |
Ev To Operating Cash Flow | 8.73 | 6.41 | (33.75) | 9.06 | 18.34 | 19.25 | |
Pe Ratio | 9.33 | 7.38 | 6.23 | 3.41 | 8.63 | 14.44 | |
Return On Tangible Assets | 0.076 | 0.11 | 0.16 | 0.18 | 0.12 | 0.13 | |
Ev To Free Cash Flow | 9.39 | 6.66 | (28.87) | 9.71 | 20.54 | 21.57 | |
Intangibles To Total Assets | 0.0336 | 0.0267 | 0.026 | 0.0285 | 0.0344 | 0.0404 | |
Net Debt To E B I T D A | 3.21 | 2.03 | 0.48 | 0.54 | 0.22 | 0.14 | |
Current Ratio | 1.13 | 7.42 | 7.91 | 8.45 | 9.38 | 9.85 | |
Tangible Book Value Per Share | 48.82 | 59.51 | 77.63 | 103.15 | 119.97 | 125.97 | |
Receivables Turnover | 41.56 | 45.72 | 34.89 | 29.29 | 22.99 | 21.84 |
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Try AI Portfolio ArchitectCheck out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Meritage. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate. For more detail on how to invest in Meritage Stock please use our How to Invest in Meritage guide.You can also try the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.
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Is Meritage's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Meritage. If investors know Meritage will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Meritage listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.429 | Dividend Share 1.56 | Earnings Share 21.46 | Revenue Per Share 173.223 | Quarterly Revenue Growth 0.148 |
The market value of Meritage is measured differently than its book value, which is the value of Meritage that is recorded on the company's balance sheet. Investors also form their own opinion of Meritage's value that differs from its market value or its book value, called intrinsic value, which is Meritage's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Meritage's market value can be influenced by many factors that don't directly affect Meritage's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Meritage's value and its price as these two are different measures arrived at by different means. Investors typically determine if Meritage is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Meritage's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.