Meritage Homes Corporation (MTH) DCF Valuation
- ✓ Totalmente Editável: Adapte-Se Às Suas Necessidades No Excel Ou Planilhas
- ✓ Design Profissional: Modelos Confiáveis E Padrão Da Indústria
- ✓ Pré-Construídos Para Uso Rápido E Eficiente
- ✓ Não É Necessária Experiência; Fácil De Seguir
Meritage Homes Corporation (MTH) Bundle
Discover the true value of Meritage Homes Corporation (MTH) with our advanced DCF Calculator! Adjust crucial assumptions, explore various scenarios, and evaluate how modifications affect the valuation of Meritage Homes Corporation (MTH) – all within a single Excel template.
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.