Based on the measurements of operating efficiency obtained from Meritage's historical financial statements, Meritage is performing exceptionally good at this time. It has a great probability to report excellent financial results in March. As of now, Meritage's Net Debt is increasing as compared to previous years. The Meritage's current Retained Earnings is estimated to increase to about 5.5 B, while Non Currrent Assets Other are projected to decrease to under 125.1 M.
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Meritage Balance Sheet Chart
As of now, Meritage's Net Debt is increasing as compared to previous years. The Meritage's current Retained Earnings is estimated to increase to about 5.5 B, while Non Currrent Assets Other are projected to decrease to under 125.1 M.
The financial analysis of Meritage is a critical element in measuring its lifeblood. Investors should carefully consider Meritage's ability to pay suppliers or employees on time, ensuring interest payments are not accumulating.
Meritage competes with Century Communities, YETI Holdings, Visteon Corp, Columbia Sportswear, and United Parks. Meritage Homes Corporation, together with its subsidiaries, designs and builds single-family homes in the United States. Meritage Homes Corporation was founded in 1985 and is based in Scottsdale, Arizona. Meritage Corp operates under Residential Construction classification in the United States and is traded on New York Stock Exchange. It employs 1773 people.
Comparative valuation techniques use various fundamental indicators to help in determining Meritage's current stock value. Our valuation model uses many indicators to compare Meritage value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Meritage competition to find correlations between indicators driving Meritage's intrinsic value. More Info.
Meritage is rated below average in return on equity category among its peers. It is rated below average 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 is roughly 1.85 . As of now, Meritage's Return On Equity is increasing as compared to previous years. 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's earnings, one of the primary drivers of an investment's value.
Meritage's Earnings Breakdown by Geography
Most indicators from Meritage's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Meritage current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, 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 closely tied with the direction of predictive economic indicators such as signals in persons.
Today, most investors in Meritage Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Meritage's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Meritage growth as a starting point in their analysis.
Along with financial statement analysis, the daily predictive indicators of Meritage help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Meritage. We use our internally-developed statistical techniques to arrive at the intrinsic value of Meritage 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's daily price indicators and compare them against related drivers.
When running Meritage's price analysis, check to measure Meritage's 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 is operating at the current time. Most of Meritage's value examination focuses on studying past and present price action to predict the probability of Meritage's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Meritage's price. Additionally, you may evaluate how the addition of Meritage to your portfolios can decrease your overall portfolio volatility.
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