Meritage Trailing Beta
| MTH Stock | USD 69.07 -0.83 -1.19% |
| = | 1.51 |
Meritage's Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it tends to significantly outperform the market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Beta | = | CovarianceVariance |
Current Meritage Trailing Beta | 1.51 |
Reading Trailing Beta in context clarifies whether Meritage is fairly priced by the market. When core analysis points to a higher value than the market sets, it may signal a chance for more research.
Trailing Beta Driver Correlations
The matrix captures how Trailing Beta relates to Meritage's other key accounts over time. High correlations narrow the focus to the accounts most relevant when analyzing Trailing Beta at Meritage.
Click cells to compare fundamentals
| Competition |
Meritage Accumulated Other Comprehensive Income
Accumulated Other Comprehensive Income | -96.87 Million |
Fundamental Drivers Relationships
Trailing Beta Peer Comparison
Peer analysis of Meritage using Trailing Beta surfaces how it ranks against direct and indirect competitors. Significant differences in Meritage's Trailing Beta versus peers can highlight competitive strengths or weaknesses. Relative Trailing Beta analysis across the peer group reveals valuation patterns that absolute metrics cannot capture.Meritage is currently under evaluation for trailing beta among direct rivals.
As the market goes up, the company tends to outperform it. However, if the market returns are negative, Meritage tends to underperform.
Important Fundamentals
| Return On Equity | 0.0877 | ||||
| Return On Asset | 0.0475 | ||||
| Profit Margin | 0.0773 | ||||
| Operating Margin | 0.0754 | ||||
| Current Valuation | 5.7 B | ||||
| Shares Outstanding | 66.7 M | ||||
| Shares Owned By Insiders | 2.53 % | ||||
| Shares Owned By Institutions | 97.47 % | ||||
| Number Of Shares Shorted | 3.22 M | ||||
| Price To Earnings | 6.71 X | ||||
| Price To Book | 0.88 X | ||||
| Price To Sales | 0.80 X | ||||
| Revenue | 5.86 B | ||||
| Gross Profit | 1.18 B | ||||
| EBITDA | 562.76 M | ||||
| Net Income | 453.01 M | ||||
| Cash And Equivalents | 775.16 M | ||||
| Cash Per Share | 8.19 X | ||||
| Total Debt | 1.89 B | ||||
| Debt To Equity | 0.31 % | ||||
| Current Ratio | 8.11 X | ||||
| Book Value Per Share | 76.22 X | ||||
| Cash Flow From Operations | 118.29 M | ||||
| Short Ratio | 3.00 X | ||||
| Earnings Per Share | 5.48 X | ||||
| Price To Earnings To Growth | 0.54 X | ||||
| Target Price | 79.22 | ||||
| Number Of Employees | 1.86 K | ||||
| Trailing Beta | 1.51 | ||||
| Market Capitalization | 4.67 B | ||||
| Total Asset | 7.65 B | ||||
| Retained Earnings | 5.19 B | ||||
| Working Capital | 6.73 B | ||||
| Current Asset | 2.45 B | ||||
| Current Liabilities | 267.6 M | ||||
| Annual Yield | 0.03 % | ||||
| Net Asset | 7.65 B |
Financial Metrics, Fundamentals & Methodology
Reviewing Meritage means checking how consistently revenue is converted into earnings and cash flow. Cash reserves provide a direct read on near-term financial cushion. Latest reported fundamentals for Meritage include revenue of 5.86 B, positive EPS of 5.48, operating margin of 7.54%, current ratio of 8.11 as of the latest reporting period.
Meritage metrics draw on periodic company reporting and market reference feeds, standardized for cross-period comparison. Sell-side coverage, where present, supplements the data shown. Income statement, balance sheet, and cash-flow values follow GAAP or IFRS conventions as reported.
Editorial review and methodology oversight provided by: Rifka Kats, Member of Macroaxis Editorial Board