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STOCK COMPARISON

DR Horton vs JM AB (publ): Fair Value & Quality

Both stocks run through our valuation models. Here is how DR Horton (DHI) and JM AB (publ) (JM) compare, as of Sep 24, 2026.

As of Sep 24, 2026, Fair Value Calculator sees DR Horton as the more attractively valued of the two: DR Horton trades at $140 versus a fair value of $238 (+70%), while JM AB (publ) trades at SEK 120 versus SEK 66.79 (-44%).
DR Horton
DHI · USD · Consumer Discretionary
+70%
upside to fair value
undervalued
Price$140
Fair Value$238
Quality65/100
JM AB (publ)
JM.ST · SEK · Consumer Discretionary
-44%
upside to fair value
overvalued
PriceSEK 120
Fair ValueSEK 66.79
Quality44/100
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Head-to-head numbers

Green is the better side of a row, red the weaker one (for valuation multiples: lower = cheaper). Grey rows are for reference only and are not scored.

betterweakerfor reference, not scored

DR HortonJM AB (publ)
Valuation
13.2×P/E (TTM)140.0×
1.30×P/S (TTM)0.08×
1.80×P/B0.10×
10.9×EV/EBITDA2.1×
1.25×PEG1.51×
+69.9%Fair value upside−44.2%
1.2%Dividend yield1.7%
$1.70Dividend per shareSEK 2.00
Profitability
11%Operating margin-1%
0.89×EBIT margin trend (5Y)0.26×
13%Return on equity-1%
7%Return on assets0%
Growth
-2%Revenue growth (YoY)-28%
0.8%Avg. growth/yr (3Y)-12.1%
11.0%Avg. growth/yr (5Y)-8.1%
+14.3%Value creation/yr−45.9%
Balance & size
32.8×Interest coverage (EBIT/interest)1.6×
0.25×Debt / equity0.02×
$43BMarket cap$781M
mixedGrowth qualityweak

DR Horton leads: 11 to 5 metric wins.

n/a = not meaningfully computable, for example with negative equity.

Quality in detail

The quality score, broken down into the same factor families as on the stock page, 0 to 100 per family.

DR Hortonof which business quality 65 · market factors 32 JM AB (publ)of which business quality 44 · market factors 37
ProfitabilityMargins and returns on capital today
57
18
Quality GrowthAre margins and returns improving?
18
22
CashflowEarnings quality: real cash, not paper profit
55
53
Fin. StrengthBalance sheet, leverage, solvency risk
83
26
InvestmentDisciplined investing over empire-building
80
80
Low VolatilityCalm price path (market factor)
44
43
MomentumPrice trend over the last 3–12 months (market factor)
31
39
52W MomentumDistance to the 52-week high (market factor)
19
25
Net IssuanceShare count: buybacks or dilution?
100
89

What the models say

How far the median fair value (base case) per model family sits from the current price, in percent. The amount in the currency of the trading venue is shown underneath.

above the price, more than 15% above close to the price, 85% to 115% of the price below the price, more than 15% below

Model familyDR HortonPrice $140JM AB (publ)Price SEK 120
DCF Models+99%above the price$278+37%above the priceSEK 164
Earnings-Based+29%above the price$181-78%below the priceSEK 26.42
Dividend Discount-78%below the price$30.70n/a
Multiples+41%above the price$198-60%below the priceSEK 47.92
Asset-Based-59%below the price$57.15-31%below the priceSEK 82.42
Growth DCF+73%above the price$242+73%above the priceSEK 207
Economic Profit-3%close to the price$136-52%below the priceSEK 57.96
Growth Earnings+95%above the price$273-88%below the priceSEK 14.43
Minimum-78%below the price$30.70-88%below the priceSEK 14.43
Maximum+99%above the price$278+73%above the priceSEK 207
Median+35%above the price$189-52%below the priceSEK 57.96
Geometric mean+1%close to the price$141-50%below the priceSEK 60.48

Minimum, maximum, median and geometric mean refer to the family values in this table. Geometric because deviations are ratios: half the price and twice the price average to 100%, not 125%.

DR Horton: 6 of 26 models see the stock below the current price.

JM AB (publ): 13 of 21 models see the stock below the current price.

Scenario ranges

From our cautious bear scenario to the optimistic bull scenario. The white tick is the current price (value above it), the green tick the fair value (value below it): if the price sits left of the fair value, there is room to rise.

DR Horton
Price $140
Fair Value $238
Bear $132Bull $355

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Ranked within their sector

Where each stock sits within its sector peer group. Band = middle 50% of peers, tick = median, dot = this stock.

DR Horton · Consumer Discretionary

Quality score65 · Top 25%
Fair value upside+70% · Top 25%

JM AB (publ) · Consumer Discretionary

Quality score44 · bottom 25%
Fair value upside-44% · bottom 25%

Bottom line

As of Sep 24, 2026, Fair Value Calculator sees DR Horton as the more attractively valued of the two: DR Horton trades at $140 versus a fair value of $238 (+70%), while JM AB (publ) trades at SEK 120 versus SEK 66.79 (-44%).

DR Horton has the higher quality score (65/100).

Open DR Horton live analysis →

More comparisons

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A model-based valuation snapshot from 26 models. Values change with price and fundamentals; the date shown above applies.