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Meritage Homes Corporation (MTH) DCF Valoración
US | Consumer Cyclical | Residential Construction | NYSE
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- ✓ Completamente Editable: Adáptelo A Sus Necesidades En Excel O Sheets
- ✓ Diseño Profesional: Plantillas Confiables Y Estándares De La Industria
- ✓ Predeterminadas Para Un Uso Rápido Y Eficiente
- ✓ No Se Necesita Experiencia; Fáciles De Seguir
Meritage Homes Corporation (MTH) Bundle
¡Descubra el verdadero valor de Meritage Homes Corporation (MTH) con nuestra calculadora DCF avanzada! Ajuste los supuestos cruciales, explore varios escenarios y evalúe cómo las modificaciones afectan la valoración de Meritage Homes Corporation (MTH), todo dentro de una sola plantilla de Excel.
Discounted Cash Flow (DCF) - (USD MM)
| Year | AY1 2019 |
AY2 2020 |
AY3 2021 |
AY4 2022 |
AY5 2023 |
FY1 2024 |
FY2 2025 |
FY3 2026 |
FY4 2027 |
FY5 2028 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 3,677.8 | 4,506.3 | 5,147.3 | 6,298.2 | 6,138.3 | 7,006.4 | 7,997.2 | 9,128.2 | 10,419.2 | 11,892.7 |
| Revenue Growth, % | 0 | 22.53 | 14.22 | 22.36 | -2.54 | 14.14 | 14.14 | 14.14 | 14.14 | 14.14 |
| EBITDA | 328.6 | 566.8 | 999.6 | 1,314.1 | 972.9 | 1,088.1 | 1,241.9 | 1,417.6 | 1,618.0 | 1,846.9 |
| EBITDA, % | 8.93 | 12.58 | 19.42 | 20.86 | 15.85 | 15.53 | 15.53 | 15.53 | 15.53 | 15.53 |
| Depreciation | 22.7 | 31.1 | 26.2 | 24.7 | 25.3 | 36.7 | 41.9 | 47.9 | 54.6 | 62.4 |
| Depreciation, % | 0.6177 | 0.68908 | 0.50988 | 0.39294 | 0.41272 | 0.52446 | 0.52446 | 0.52446 | 0.52446 | 0.52446 |
| EBIT | 305.9 | 535.7 | 973.3 | 1,289.4 | 947.6 | 1,051.3 | 1,200.0 | 1,369.7 | 1,563.4 | 1,784.5 |
| EBIT, % | 8.32 | 11.89 | 18.91 | 20.47 | 15.44 | 15.01 | 15.01 | 15.01 | 15.01 | 15.01 |
| Total Cash | 319.5 | 745.6 | 618.3 | 861.6 | 921.2 | 923.9 | 1,054.6 | 1,203.7 | 1,373.9 | 1,568.2 |
| Total Cash, percent | .0 | .0 | .0 | .0 | .0 | .0 | .0 | .0 | .0 | .0 |
| Account Receivables | 88.5 | 98.6 | 147.5 | 215.0 | 267.0 | 213.3 | 243.5 | 277.9 | 317.2 | 362.1 |
| Account Receivables, % | 2.41 | 2.19 | 2.87 | 3.41 | 4.35 | 3.04 | 3.04 | 3.04 | 3.04 | 3.04 |
| Inventories | 2,744.4 | 2,778.0 | 3,734.4 | 4,358.3 | 4,721.3 | 4,973.6 | 5,676.9 | 6,479.8 | 7,396.2 | 8,442.2 |
| Inventories, % | 74.62 | 61.65 | 72.55 | 69.2 | 76.92 | 70.99 | 70.99 | 70.99 | 70.99 | 70.99 |
| Accounts Payable | 155.0 | 175.3 | 216.0 | 273.3 | 271.7 | 295.2 | 336.9 | 384.6 | 439.0 | 501.0 |
| Accounts Payable, % | 4.22 | 3.89 | 4.2 | 4.34 | 4.43 | 4.21 | 4.21 | 4.21 | 4.21 | 4.21 |
| Capital Expenditure | -24.4 | -19.9 | -25.7 | -27.0 | -38.2 | -37.2 | -42.5 | -48.5 | -55.3 | -63.1 |
| Capital Expenditure, % | -0.66302 | -0.44231 | -0.49859 | -0.42824 | -0.6222 | -0.53087 | -0.53087 | -0.53087 | -0.53087 | -0.53087 |
| Tax Rate, % | 22.19 | 22.19 | 22.19 | 22.19 | 22.19 | 22.19 | 22.19 | 22.19 | 22.19 | 22.19 |
| EBITAT | 252.1 | 425.2 | 751.7 | 992.2 | 737.3 | 828.0 | 945.1 | 1,078.7 | 1,231.3 | 1,405.4 |
| Depreciation | ||||||||||
| Changes in Account Receivables | ||||||||||
| Changes in Inventories | ||||||||||
| Changes in Accounts Payable | ||||||||||
| Capital Expenditure | ||||||||||
| UFCF | -2,427.4 | 412.8 | -212.3 | 355.9 | 307.9 | 652.4 | 252.7 | 288.5 | 329.3 | 375.8 |
| WACC, % | 11.58 | 11.56 | 11.54 | 11.54 | 11.55 | 11.55 | 11.55 | 11.55 | 11.55 | 11.55 |
| PV UFCF | ||||||||||
| SUM PV UFCF | 1,426.0 | |||||||||
| Long Term Growth Rate, % | 0.50 | |||||||||
| Free cash flow (T + 1) | 378 | |||||||||
| Terminal Value | 3,417 | |||||||||
| Present Terminal Value | 1,978 | |||||||||
| Enterprise Value | 3,404 | |||||||||
| Net Debt | 141 | |||||||||
| Equity Value | 3,263 | |||||||||
| Diluted Shares Outstanding, MM | 37 | |||||||||
| Equity Value Per Share | 88.03 |
What You Will Get
- Real MTH Financials: Access to historical and projected data for precise valuation.
- Customizable Inputs: Adjust WACC, tax rates, revenue growth, and capital expenditures as needed.
- Dynamic Calculations: Intrinsic value and NPV are computed automatically.
- Scenario Analysis: Evaluate various scenarios to assess Meritage Homes' future performance.
- User-Friendly Design: Designed for professionals while remaining approachable for newcomers.
Key Features
- Comprehensive MTH Data: Pre-loaded with Meritage Homes Corporation's historical performance metrics and future growth forecasts.
- Flexible Input Options: Modify parameters such as revenue growth rates, profit margins, discount rates, tax obligations, and capital investments.
- Adaptive Valuation Model: Instant updates to Net Present Value (NPV) and intrinsic value reflecting your customized inputs.
- Scenario Analysis: Develop various forecasting scenarios to evaluate different valuation possibilities.
- Intuitive Interface: Designed to be straightforward and accessible for both industry experts and novices.
How It Works
- Step 1: Download the Excel file.
- Step 2: Review pre-entered Meritage Homes Corporation (MTH) data (historical and projected).
- Step 3: Adjust key assumptions (yellow cells) based on your analysis.
- Step 4: View automatic recalculations for Meritage Homes Corporation (MTH)’s intrinsic value.
- Step 5: Use the outputs for investment decisions or reporting.
Why Choose This Calculator for Meritage Homes Corporation (MTH)?
- Accurate Data: Utilize real financials from Meritage Homes for trustworthy valuation outcomes.
- Customizable: Modify essential factors such as growth rates, WACC, and tax rates to align with your forecasts.
- Time-Saving: Pre-configured calculations save you the effort of starting from square one.
- Professional-Grade Tool: Tailored for investors, analysts, and consultants in the housing sector.
- User-Friendly: Simple layout and clear instructions ensure accessibility for all users.
Who Should Use This Product?
- Real Estate Students: Understand home valuation methods and apply them with current market data.
- Researchers: Integrate industry-specific models into academic studies or analyses.
- Homebuyers: Evaluate your investment decisions and analyze the housing market trends for Meritage Homes Corporation (MTH).
- Market Analysts: Enhance your analysis process with a customizable financial model tailored for homebuilders.
- Real Estate Investors: Discover how large home construction firms like Meritage Homes Corporation (MTH) are evaluated in the market.
What the Template Contains
- Operating and Balance Sheet Data: Pre-filled Meritage Homes Corporation (MTH) historical data and forecasts, including revenue, EBITDA, EBIT, and capital expenditures.
- WACC Calculation: A dedicated sheet for Weighted Average Cost of Capital (WACC), featuring parameters such as Beta, risk-free rate, and share price.
- DCF Valuation (Unlevered and Levered): Editable Discounted Cash Flow models illustrating intrinsic value with comprehensive calculations.
- Financial Statements: Pre-loaded financial statements (annual and quarterly) to facilitate analysis.
- Key Ratios: Includes profitability, leverage, and efficiency ratios for Meritage Homes Corporation (MTH).
- Dashboard and Charts: Visual summary of valuation outputs and assumptions for easy result analysis.