MGIC INVESTMENT CORP (MTG) Fundamental Analysis & Valuation

NYSE:MTG • US5528481030

Current stock price

25.94 USD
+0.07 (+0.27%)
Last:

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

  • MTG had positive earnings in the past year.
  • In the past year MTG had a positive cash flow from operations.
  • In the past 5 years MTG has always been profitable.
  • MTG had a positive operating cash flow in each of the past 5 years.
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 better Return On Assets (11.12%) than 92.00% of its industry peers.
  • MTG's Return On Equity of 14.34% is fine compared to the rest of the industry. MTG outperforms 75.00% of its industry peers.
  • The Return On Invested Capital of MTG (11.73%) is better than 90.00% of its industry peers.
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

  • Looking at the Profit Margin, with a value of 60.84%, MTG belongs to the top of the industry, outperforming 96.00% of the companies in the same industry.
  • MTG's Profit Margin has improved in the last couple of years.
  • MTG has a better Operating Margin (79.44%) than 97.00% of its industry peers.
  • 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

  • The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so MTG is still creating some value.
  • Compared to 1 year ago, MTG has less shares outstanding
  • Compared to 5 years ago, MTG has less shares outstanding
  • MTG has a better debt/assets ratio than last year.
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

  • The Debt to FCF ratio of MTG is 0.76, which is an excellent value as it means it would take MTG, only 0.76 years of fcf income to pay off all of its debts.
  • MTG has a Debt to FCF ratio of 0.76. This is amongst the best in the industry. MTG outperforms 84.00% of its industry peers.
  • A Debt/Equity ratio of 0.13 indicates that MTG is not too dependend on debt financing.
  • With a decent Debt to Equity ratio value of 0.13, MTG is doing good in the industry, outperforming 77.00% of the companies in the same industry.
Industry RankSector Rank
Debt/Equity 0.13
Debt/FCF 0.76
Altman-Z N/A
ROIC/WACC1.38
WACC8.53%
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.
  • Measured over the past years, MTG shows a quite strong growth in Earnings Per Share. The EPS has been growing by 18.82% on average per year.
  • The Revenue has been growing slightly by 0.49% in the past year.
  • The Revenue has been growing slightly by 0.24% on average over the past years.
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

  • MTG is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 0.97% yearly.
  • Based on estimates for the next years, MTG will show a small growth in Revenue. The Revenue will grow by 1.12% on average per year.
EPS Next Y-3.06%
EPS Next 2Y2.13%
EPS Next 3Y0.97%
EPS Next 5YN/A
Revenue Next Year0.65%
Revenue Next 2Y1.13%
Revenue Next 3Y1.12%
Revenue Next 5YN/A

3.3 Evolution

  • The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
  • When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
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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Find the best growth stocksShow best growing peers

7

4. MTG Valuation Analysis

4.1 Price/Earnings Ratio

  • MTG is valuated reasonably with a Price/Earnings ratio of 8.23.
  • 70.00% of the companies in the same industry are more expensive than MTG, based on the Price/Earnings ratio.
  • The average S&P500 Price/Earnings ratio is at 25.54. MTG is valued rather cheaply when compared to this.
  • The Price/Forward Earnings ratio is 8.49, which indicates a very decent valuation of MTG.
  • MTG's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. MTG is cheaper than 62.00% of the companies in the same industry.
  • MTG's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 22.70.
Industry RankSector Rank
PE 8.23
Fwd PE 8.49
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

  • 88.00% of the companies in the same industry are more expensive than MTG, based on the Enterprise Value to EBITDA ratio.
  • 87.00% of the companies in the same industry are more expensive than MTG, based on the Price/Free Cash Flow ratio.
Industry RankSector Rank
P/FCF 6.55
EV/EBITDA 6.01
MTG Per share dataMTG EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 5 10 15 20

4.3 Compensation for Growth

  • The decent profitability rating of MTG may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)0.44
EPS Next 2Y2.13%
EPS Next 3Y0.97%

More info and screens

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

6

5. MTG Dividend Analysis

5.1 Amount

  • With a Yearly Dividend Yield of 2.31%, MTG has a reasonable but not impressive dividend return.
  • MTG's Dividend Yield is a higher than the industry average which is at 2.50.
  • Compared to an average S&P500 Dividend Yield of 1.89, MTG pays a bit more dividend than the S&P500 average.
Industry RankSector Rank
Dividend Yield 2.31%

5.2 History

  • The dividend of MTG is nicely growing with an annual growth rate of 18.80%!
  • MTG has paid a dividend for at least 10 years, which is a reliable track record.
  • As MTG did not decrease their dividend in the past 5 years, we can say the dividend looks stable.
Dividend Growth(5Y)18.8%
Div Incr Years5
Div Non Decr Years5
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

  • 17.94% of the earnings are spent on dividend by MTG. This is a low number and sustainable payout ratio.
  • MTG's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP17.94%
EPS Next 2Y2.13%
EPS Next 3Y0.97%
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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Find the best dividend stocksShow peers with best dividend

MTG Fundamentals: All Metrics, Ratios and Statistics

MGIC INVESTMENT CORP

NYSE:MTG (3/24/2026, 3:52:08 PM)

25.94

+0.07 (+0.27%)

Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryFinancial Services
Earnings (Last)02-02
Earnings (Next)04-28
Inst Owners104.12%
Inst Owner Change-0.86%
Ins Owners2.31%
Ins Owner Change9.32%
Market Cap5.58B
Revenue(TTM)1.21B
Net Income(TTM)738.35M
Analysts50
Price Target28.99 (11.76%)
Short Float %3.85%
Short Ratio3.45
Dividend
Industry RankSector Rank
Dividend Yield 2.31%
Yearly Dividend0.57
Dividend Growth(5Y)18.8%
DP17.94%
Div Incr Years5
Div Non Decr Years5
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)-1.16%
PT rev (3m)2.71%
EPS NQ rev (1m)0.22%
EPS NQ rev (3m)-3.25%
EPS NY rev (1m)-4.75%
EPS NY rev (3m)-4.75%
Revenue NQ rev (1m)-0.71%
Revenue NQ rev (3m)-2.41%
Revenue NY rev (1m)-0.72%
Revenue NY rev (3m)-2.35%
Valuation
Industry RankSector Rank
PE 8.23
Fwd PE 8.49
P/S 4.59
P/FCF 6.55
P/OCF 6.54
P/B 1.08
P/tB 1.08
EV/EBITDA 6.01
EPS(TTM)3.15
EY12.14%
EPS(NY)3.05
Fwd EY11.77%
FCF(TTM)3.96
FCFY15.28%
OCF(TTM)3.97
OCFY15.29%
SpS5.65
BVpS23.95
TBVpS23.95
PEG (NY)N/A
PEG (5Y)0.44
Graham Number41.2
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
WACC8.53%
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-3.06%
EPS Next 2Y2.13%
EPS Next 3Y0.97%
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 2Y1.13%
Revenue Next 3Y1.12%
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.


Can you provide the valuation status for MGIC INVESTMENT CORP?

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


Can you provide the profitability details for MGIC INVESTMENT CORP?

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


Can you provide the PE and PB ratios for MTG stock?

The Price/Earnings (PE) ratio for MGIC INVESTMENT CORP (MTG) is 8.23 and the Price/Book (PB) ratio is 1.08.


Can you provide the financial health for MTG stock?

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