MGIC INVESTMENT CORP (MTG) Fundamental Analysis & Valuation

NYSE:MTG • US5528481030

Current stock price

28.77 USD
+0.6 (+2.13%)
At close:
28.77 USD
0 (0%)
After Hours:

This MTG fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.

7

1. MTG Profitability Analysis

1.1 Basic Checks

  • In the past year MTG was profitable.
  • MTG had a positive operating cash flow in the past year.
  • MTG had positive earnings in each of the past 5 years.
  • Each year in the past 5 years MTG had a positive operating cash flow.
MTG Yearly Net Income VS EBIT VS OCF VS FCFMTG Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 200M 400M 600M 800M 1B

1.2 Ratios

  • MTG has a Return On Assets of 11.12%. This is amongst the best in the industry. MTG outperforms 91.92% of its industry peers.
  • MTG has a Return On Equity of 14.34%. This is in the better half of the industry: MTG outperforms 71.72% of its industry peers.
  • With an excellent Return On Invested Capital value of 11.73%, MTG belongs to the best of the industry, outperforming 89.90% of the companies in the same industry.
Industry RankSector Rank
ROA 11.12%
ROE 14.34%
ROIC 11.73%
ROA(3y)11.23%
ROA(5y)11.25%
ROE(3y)14.38%
ROE(5y)14.97%
ROIC(3y)N/A
ROIC(5y)N/A
MTG Yearly ROA, ROE, ROICMTG Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 5 10 15

1.3 Margins

  • MTG's Profit Margin of 60.84% is amongst the best of the industry. MTG outperforms 95.96% of its industry peers.
  • MTG's Profit Margin has improved in the last couple of years.
  • With an excellent Operating Margin value of 79.44%, MTG belongs to the best of the industry, outperforming 96.97% of the companies in the same industry.
  • In the last couple of years the Operating Margin of MTG has grown nicely.
Industry RankSector Rank
OM 79.44%
PM (TTM) 60.84%
GM N/A
OM growth 3Y-7.53%
OM growth 5Y8.09%
PM growth 3Y-6.23%
PM growth 5Y10.34%
GM growth 3YN/A
GM growth 5YN/A
MTG Yearly Profit, Operating, Gross MarginsMTG Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 20 40 60 80 100

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ROAROEROICOperating and Profit MarginShow most profitable peers

5

2. MTG Health Analysis

2.1 Basic Checks

  • With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), MTG is creating some value.
  • Compared to 1 year ago, MTG has less shares outstanding
  • MTG has less shares outstanding than it did 5 years ago.
  • The debt/assets ratio for MTG has been reduced compared to a year ago.
MTG Yearly Shares OutstandingMTG Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 100M 200M 300M
MTG Yearly Total Debt VS Total AssetsMTG Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2B 4B 6B

2.2 Solvency

  • MTG has a debt to FCF ratio of 0.76. This is a very positive value and a sign of high solvency as it would only need 0.76 years to pay back of all of its debts.
  • MTG's Debt to FCF ratio of 0.76 is amongst the best of the industry. MTG outperforms 83.84% of its industry peers.
  • A Debt/Equity ratio of 0.13 indicates that MTG is not too dependend on debt financing.
  • MTG has a Debt to Equity ratio of 0.13. This is in the better half of the industry: MTG outperforms 76.77% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.13
Debt/FCF 0.76
Altman-Z N/A
ROIC/WACC1.38
WACC8.49%
MTG Yearly LT Debt VS Equity VS FCFMTG Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 1B 2B 3B 4B 5B

2.3 Liquidity

Industry RankSector Rank
Current Ratio N/A
Quick Ratio N/A
MTG Yearly Current Assets VS Current LiabilitesMTG Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2025 20M 40M 60M 80M 100M

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WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

4

3. MTG Growth Analysis

3.1 Past

  • MTG shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 8.25%, which is quite good.
  • MTG shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 18.82% yearly.
  • MTG shows a small growth in Revenue. In the last year, the Revenue has grown by 0.49%.
  • Measured over the past years, MTG shows a small growth in Revenue. The Revenue has been growing by 0.24% on average per year.
EPS 1Y (TTM)8.25%
EPS 3Y2.44%
EPS 5Y18.82%
EPS Q2Q%4.17%
Revenue 1Y (TTM)0.49%
Revenue growth 3Y1.15%
Revenue growth 5Y0.24%
Sales Q2Q%-0.93%

3.2 Future

  • The Earnings Per Share is expected to grow by 5.24% on average over the next years.
  • Based on estimates for the next years, MTG will show a small growth in Revenue. The Revenue will grow by 1.20% on average per year.
EPS Next Y-0.92%
EPS Next 2Y3.76%
EPS Next 3Y5.24%
EPS Next 5YN/A
Revenue Next Year0.65%
Revenue Next 2Y1.21%
Revenue Next 3Y1.2%
Revenue Next 5YN/A

3.3 Evolution

  • When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
  • The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
MTG Yearly Revenue VS EstimatesMTG Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 200M 400M 600M 800M 1B
MTG Yearly EPS VS EstimatesMTG Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 1 2 3

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7

4. MTG Valuation Analysis

4.1 Price/Earnings Ratio

  • The Price/Earnings ratio is 9.13, which indicates a very decent valuation of MTG.
  • 67.68% of the companies in the same industry are more expensive than MTG, based on the Price/Earnings ratio.
  • MTG is valuated cheaply when we compare the Price/Earnings ratio to 27.47, which is the current average of the S&P500 Index.
  • Based on the Price/Forward Earnings ratio of 9.22, the valuation of MTG can be described as reasonable.
  • Based on the Price/Forward Earnings ratio, MTG is valued a bit cheaper than the industry average as 67.68% of the companies are valued more expensively.
  • When comparing the Price/Forward Earnings ratio of MTG to the average of the S&P500 Index (22.62), we can say MTG is valued rather cheaply.
Industry RankSector Rank
PE 9.13
Fwd PE 9.22
MTG Price Earnings VS Forward Price EarningsMTG Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 5 10 15 20 25

4.2 Price Multiples

  • MTG's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. MTG is cheaper than 85.86% of the companies in the same industry.
  • Compared to the rest of the industry, the Price/Free Cash Flow ratio of MTG indicates a rather cheap valuation: MTG is cheaper than 85.86% of the companies listed in the same industry.
Industry RankSector Rank
P/FCF 7.27
EV/EBITDA 6.52
MTG Per share dataMTG EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 5 10 15 20

4.3 Compensation for Growth

  • MTG has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)0.49
EPS Next 2Y3.76%
EPS Next 3Y5.24%

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Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

6

5. MTG Dividend Analysis

5.1 Amount

  • MTG has a Yearly Dividend Yield of 2.19%.
  • MTG's Dividend Yield is a higher than the industry average which is at 1.82.
  • Compared to an average S&P500 Dividend Yield of 1.81, MTG pays a bit more dividend than the S&P500 average.
Industry RankSector Rank
Dividend Yield 2.19%

5.2 History

  • On average, the dividend of MTG grows each year by 18.80%, which is quite nice.
  • MTG has been paying a dividend for at least 10 years, so it has a reliable track record.
  • MTG has not decreased its dividend in the past 5 years, so it has a somewhat stable track record.
Dividend Growth(5Y)18.8%
Div Incr Years6
Div Non Decr Years6
MTG Yearly Dividends per shareMTG Yearly Dividends per shareYearly Dividends per share 2019 2020 2021 2022 2023 2024 2025 2026 0.1 0.2 0.3 0.4 0.5

5.3 Sustainability

  • MTG pays out 17.94% of its income as dividend. This is a sustainable payout ratio.
  • MTG's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP17.94%
EPS Next 2Y3.76%
EPS Next 3Y5.24%
MTG Yearly Income VS Free CF VS DividendMTG Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 200M 400M 600M 800M
MTG Dividend Payout.MTG Dividend Payout, showing the Payout Ratio.MTG Dividend Payout.PayoutRetained Earnings

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MTG Fundamentals: All Metrics, Ratios and Statistics

MGIC INVESTMENT CORP

NYSE:MTG (4/23/2026, 8:04:00 PM)

After market: 28.77 0 (0%)

28.77

+0.6 (+2.13%)

Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryFinancial Services
Earnings (Last)02-02
Earnings (Next)04-29
Inst Owners104.04%
Inst Owner Change-0.38%
Ins Owners2.01%
Ins Owner Change10.05%
Market Cap6.19B
Revenue(TTM)1.21B
Net Income(TTM)738.35M
Analysts50
Price Target27.58 (-4.14%)
Short Float %4.16%
Short Ratio4.12
Dividend
Industry RankSector Rank
Dividend Yield 2.19%
Yearly Dividend0.57
Dividend Growth(5Y)18.8%
DP17.94%
Div Incr Years6
Div Non Decr Years6
Ex-Date02-17
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)3.8%
Min EPS beat(2)-2.55%
Max EPS beat(2)10.16%
EPS beat(4)3
Avg EPS beat(4)7.11%
Min EPS beat(4)-2.55%
Max EPS beat(4)12.54%
EPS beat(8)7
Avg EPS beat(8)9.57%
EPS beat(12)11
Avg EPS beat(12)11.58%
EPS beat(16)15
Avg EPS beat(16)19.26%
Revenue beat(2)0
Avg Revenue beat(2)-3.08%
Min Revenue beat(2)-3.99%
Max Revenue beat(2)-2.18%
Revenue beat(4)0
Avg Revenue beat(4)-2.14%
Min Revenue beat(4)-3.99%
Max Revenue beat(4)-0.82%
Revenue beat(8)1
Avg Revenue beat(8)-1.7%
Revenue beat(12)1
Avg Revenue beat(12)-1.97%
Revenue beat(16)1
Avg Revenue beat(16)-1.86%
PT rev (1m)-4.86%
PT rev (3m)-4.02%
EPS NQ rev (1m)0.51%
EPS NQ rev (3m)-2.75%
EPS NY rev (1m)2.21%
EPS NY rev (3m)-2.89%
Revenue NQ rev (1m)0.07%
Revenue NQ rev (3m)-2.34%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-2.35%
Valuation
Industry RankSector Rank
PE 9.13
Fwd PE 9.22
P/S 5.1
P/FCF 7.27
P/OCF 7.26
P/B 1.2
P/tB 1.2
EV/EBITDA 6.52
EPS(TTM)3.15
EY10.95%
EPS(NY)3.12
Fwd EY10.85%
FCF(TTM)3.96
FCFY13.76%
OCF(TTM)3.96
OCFY13.78%
SpS5.64
BVpS23.93
TBVpS23.93
PEG (NY)N/A
PEG (5Y)0.49
Graham Number41.1848 (43.15%)
Profitability
Industry RankSector Rank
ROA 11.12%
ROE 14.34%
ROCE 14.82%
ROIC 11.73%
ROICexc 12.44%
ROICexgc 13.16%
OM 79.44%
PM (TTM) 60.84%
GM N/A
FCFM 70.18%
ROA(3y)11.23%
ROA(5y)11.25%
ROE(3y)14.38%
ROE(5y)14.97%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3Y-7.53%
OM growth 5Y8.09%
PM growth 3Y-6.23%
PM growth 5Y10.34%
GM growth 3YN/A
GM growth 5YN/A
F-Score5
Asset Turnover0.18
Health
Industry RankSector Rank
Debt/Equity 0.13
Debt/FCF 0.76
Debt/EBITDA 0.67
Cap/Depr 14.75%
Cap/Sales 0.08%
Interest Coverage 28.27
Cash Conversion 87.82%
Profit Quality 115.36%
Current Ratio N/A
Quick Ratio N/A
Altman-Z N/A
F-Score5
WACC8.49%
ROIC/WACC1.38
Cap/Depr(3y)8.93%
Cap/Depr(5y)7.82%
Cap/Sales(3y)0.12%
Cap/Sales(5y)0.2%
Profit Quality(3y)103.32%
Profit Quality(5y)98.74%
High Growth Momentum
Growth
EPS 1Y (TTM)8.25%
EPS 3Y2.44%
EPS 5Y18.82%
EPS Q2Q%4.17%
EPS Next Y-0.92%
EPS Next 2Y3.76%
EPS Next 3Y5.24%
EPS Next 5YN/A
Revenue 1Y (TTM)0.49%
Revenue growth 3Y1.15%
Revenue growth 5Y0.24%
Sales Q2Q%-0.93%
Revenue Next Year0.65%
Revenue Next 2Y1.21%
Revenue Next 3Y1.2%
Revenue Next 5YN/A
EBIT growth 1Y-4%
EBIT growth 3Y-6.47%
EBIT growth 5Y8.35%
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y17.67%
FCF growth 3Y9.62%
FCF growth 5Y3.16%
OCF growth 1Y17.62%
OCF growth 3Y9.47%
OCF growth 5Y3.09%

MGIC INVESTMENT CORP / MTG Fundamental Analysis FAQ

Can you provide the ChartMill fundamental rating for MGIC INVESTMENT CORP?

ChartMill assigns a fundamental rating of 6 / 10 to MTG.


What is the valuation status of MGIC INVESTMENT CORP (MTG) stock?

ChartMill assigns a valuation rating of 7 / 10 to MGIC INVESTMENT CORP (MTG). This can be considered as Undervalued.


What is the profitability of MTG stock?

MGIC INVESTMENT CORP (MTG) has a profitability rating of 7 / 10.


How financially healthy is MGIC INVESTMENT CORP?

The financial health rating of MGIC INVESTMENT CORP (MTG) is 5 / 10.


Can you provide the expected EPS growth for MTG stock?

The Earnings per Share (EPS) of MGIC INVESTMENT CORP (MTG) is expected to decline by -0.92% in the next year.