Meritage Homes Financials
MEY Stock | EUR 72.00 1.00 1.37% |
Meritage |
Meritage Homes Stock Summary
Meritage Homes competes with Superior Plus, NMI Holdings, SIVERS SEMICONDUCTORS, Talanx AG, and NorAm Drilling. Meritage Homes Corporation designs and builds single-family homes in the United States. Meritage Homes Corporation was founded in 1985 and is based in Scottsdale, Arizona. MERITAGE HOMES operates under Residential Construction classification in Germany and is traded on Frankfurt Stock Exchange. It employs 1615 people.Foreign Associate | Germany |
Instrument | Germany Stock View All |
Exchange | Frankfurt Exchange |
ISIN | US59001A1025 |
Business Address | 8800 East Raintree |
Sector | Consumer Cyclical |
Industry | Residential Construction |
Benchmark | Dow Jones Industrial |
Website | www.meritagehomes.com |
Phone | 480 515 8100 |
Currency | EUR - Euro |
You should never invest in Meritage Homes without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Meritage Stock, because this is throwing your money away. Analyzing the key information contained in Meritage Homes' financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Meritage Homes Key Financial Ratios
There are many critical financial ratios that Meritage Homes' investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Meritage Homes reports annually and quarterly.Return On Equity | 0.28 | |||
Return On Asset | 0.15 | |||
Target Price | 131.71 | |||
Beta | 1.59 | |||
Z Score | 2.8 |
Meritage Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Meritage Homes's current stock value. Our valuation model uses many indicators to compare Meritage Homes value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Meritage Homes competition to find correlations between indicators driving Meritage Homes's intrinsic value. More Info.Meritage Homes is considered to be number one stock in return on equity category among its peers. It also is considered to be number one stock in return on asset category among its peers reporting about 0.54 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Meritage Homes is roughly 1.87 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Meritage Homes' earnings, one of the primary drivers of an investment's value.Meritage Homes Systematic Risk
Meritage Homes' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Meritage Homes volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twenty with a total number of output elements of fourty-one. The Beta measures systematic risk based on how returns on Meritage Homes correlated with the market. If Beta is less than 0 Meritage Homes generally moves in the opposite direction as compared to the market. If Meritage Homes Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Meritage Homes is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Meritage Homes is generally in the same direction as the market. If Beta > 1 Meritage Homes moves generally in the same direction as, but more than the movement of the benchmark.
Meritage Homes Thematic Clasifications
Meritage Homes is part of Furniture investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Furniture manufacturers. Companies producing and selling home and office furniture
This theme covers Furniture manufacturers. Companies producing and selling home and office furniture. Get More Thematic Ideas
Furniture | View |
Meritage Homes January 10, 2025 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Meritage Homes help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Meritage Homes. We use our internally-developed statistical techniques to arrive at the intrinsic value of Meritage Homes based on widely used predictive technical indicators. In general, we focus on analyzing Meritage Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Meritage Homes's daily price indicators and compare them against related drivers.
Information Ratio | (0.17) | |||
Maximum Drawdown | 10.42 | |||
Value At Risk | (5.06) | |||
Potential Upside | 2.98 |
Complementary Tools for Meritage Stock analysis
When running Meritage Homes' price analysis, check to measure Meritage Homes' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Meritage Homes is operating at the current time. Most of Meritage Homes' value examination focuses on studying past and present price action to predict the probability of Meritage Homes' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Meritage Homes' price. Additionally, you may evaluate how the addition of Meritage Homes to your portfolios can decrease your overall portfolio volatility.
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