NMI HOLDINGS INC (NMIH) Fundamental Analysis & Valuation

NASDAQ:NMIH • US6292093050

Current stock price

36.86 USD
-0.66 (-1.76%)
At close:
36.86 USD
0 (0%)
After Hours:

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

8

1. NMIH Profitability Analysis

1.1 Basic Checks

  • NMIH had positive earnings in the past year.
  • NMIH had a positive operating cash flow in the past year.
  • NMIH had positive earnings in each of the past 5 years.
  • Each year in the past 5 years NMIH had a positive operating cash flow.
NMIH Yearly Net Income VS EBIT VS OCF VS FCFNMIH 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 100M 200M 300M 400M 500M

1.2 Ratios

  • NMIH's Return On Assets of 10.13% is amongst the best of the industry. NMIH outperforms 90.00% of its industry peers.
  • Looking at the Return On Equity, with a value of 15.00%, NMIH belongs to the top of the industry, outperforming 81.00% of the companies in the same industry.
  • With an excellent Return On Invested Capital value of 10.99%, NMIH belongs to the best of the industry, outperforming 87.00% of the companies in the same industry.
  • The Average Return On Invested Capital over the past 3 years for NMIH is above the industry average of 8.07%.
Industry RankSector Rank
ROA 10.13%
ROE 15%
ROIC 10.99%
ROA(3y)10.61%
ROA(5y)10.58%
ROE(3y)15.99%
ROE(5y)16.18%
ROIC(3y)11.73%
ROIC(5y)11.8%
NMIH Yearly ROA, ROE, ROICNMIH Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 5 10 15

1.3 Margins

  • With an excellent Profit Margin value of 55.05%, NMIH belongs to the best of the industry, outperforming 95.00% of the companies in the same industry.
  • NMIH's Profit Margin has improved in the last couple of years.
  • Looking at the Operating Margin, with a value of 74.78%, NMIH belongs to the top of the industry, outperforming 96.00% of the companies in the same industry.
  • In the last couple of years the Operating Margin of NMIH has grown nicely.
Industry RankSector Rank
OM 74.78%
PM (TTM) 55.05%
GM N/A
OM growth 3Y-1.41%
OM growth 5Y6.22%
PM growth 3Y-0.55%
PM growth 5Y6.81%
GM growth 3YN/A
GM growth 5YN/A
NMIH Yearly Profit, Operating, Gross MarginsNMIH Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 20 40 60

More info and screens

ROAROEROICOperating and Profit MarginShow most profitable peers

5

2. NMIH Health Analysis

2.1 Basic Checks

  • With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), NMIH is creating some value.
  • The number of shares outstanding for NMIH has been reduced compared to 1 year ago.
  • NMIH has less shares outstanding than it did 5 years ago.
  • NMIH has a better debt/assets ratio than last year.
NMIH Yearly Shares OutstandingNMIH Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 20M 40M 60M 80M
NMIH Yearly Total Debt VS Total AssetsNMIH Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 1B 2B 3B

2.2 Solvency

  • NMIH has a debt to FCF ratio of 1.01. This is a very positive value and a sign of high solvency as it would only need 1.01 years to pay back of all of its debts.
  • Looking at the Debt to FCF ratio, with a value of 1.01, NMIH belongs to the top of the industry, outperforming 81.00% of the companies in the same industry.
  • A Debt/Equity ratio of 0.16 indicates that NMIH is not too dependend on debt financing.
  • With a decent Debt to Equity ratio value of 0.16, NMIH is doing good in the industry, outperforming 71.00% of the companies in the same industry.
Industry RankSector Rank
Debt/Equity 0.16
Debt/FCF 1.01
Altman-Z N/A
ROIC/WACC1.27
WACC8.67%
NMIH Yearly LT Debt VS Equity VS FCFNMIH Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 500M 1B 1.5B 2B 2.5B

2.3 Liquidity

Industry RankSector Rank
Current Ratio N/A
Quick Ratio N/A
NMIH Yearly Current Assets VS Current LiabilitesNMIH Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 20M 40M 60M 80M 100M

More info and screens

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

5

3. NMIH Growth Analysis

3.1 Past

  • The Earnings Per Share has grown by an nice 9.11% over the past year.
  • The Earnings Per Share has been growing by 17.31% on average over the past years. This is quite good.
  • Looking at the last year, NMIH shows a quite strong growth in Revenue. The Revenue has grown by 8.52% in the last year.
  • The Revenue has been growing by 10.27% on average over the past years. This is quite good.
EPS 1Y (TTM)9.11%
EPS 3Y13.14%
EPS 5Y17.31%
EPS Q2Q%12.15%
Revenue 1Y (TTM)8.52%
Revenue growth 3Y10.52%
Revenue growth 5Y10.27%
Sales Q2Q%6.23%

3.2 Future

  • NMIH is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 5.73% yearly.
  • Based on estimates for the next years, NMIH will show a small growth in Revenue. The Revenue will grow by 4.51% on average per year.
EPS Next Y6.86%
EPS Next 2Y6.91%
EPS Next 3Y5.73%
EPS Next 5YN/A
Revenue Next Year4.47%
Revenue Next 2Y4.41%
Revenue Next 3Y4.51%
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 decreasing: in the next years the growth will be less than in the last years.
NMIH Yearly Revenue VS EstimatesNMIH Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 200M 400M 600M
NMIH Yearly EPS VS EstimatesNMIH Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 0 2 4

More info and screens

Find the best growth stocksShow best growing peers

8

4. NMIH Valuation Analysis

4.1 Price/Earnings Ratio

  • A Price/Earnings ratio of 7.51 indicates a rather cheap valuation of NMIH.
  • 75.00% of the companies in the same industry are more expensive than NMIH, based on the Price/Earnings ratio.
  • When comparing the Price/Earnings ratio of NMIH to the average of the S&P500 Index (24.88), we can say NMIH is valued rather cheaply.
  • NMIH is valuated cheaply with a Price/Forward Earnings ratio of 7.03.
  • Compared to the rest of the industry, the Price/Forward Earnings ratio of NMIH indicates a somewhat cheap valuation: NMIH is cheaper than 74.00% of the companies listed in the same industry.
  • When comparing the Price/Forward Earnings ratio of NMIH to the average of the S&P500 Index (22.19), we can say NMIH is valued rather cheaply.
Industry RankSector Rank
PE 7.51
Fwd PE 7.03
NMIH Price Earnings VS Forward Price EarningsNMIH Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 5 10 15 20

4.2 Price Multiples

  • Based on the Enterprise Value to EBITDA ratio, NMIH is valued cheaper than 89.00% of the companies in the same industry.
  • Based on the Price/Free Cash Flow ratio, NMIH is valued cheaply inside the industry as 84.00% of the companies are valued more expensively.
Industry RankSector Rank
P/FCF 6.79
EV/EBITDA 5.98
NMIH Per share dataNMIH EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 10 20 30

4.3 Compensation for Growth

  • The PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
  • The excellent profitability rating of NMIH may justify a higher PE ratio.
PEG (NY)1.09
PEG (5Y)0.43
EPS Next 2Y6.91%
EPS Next 3Y5.73%

More info and screens

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

0

5. NMIH Dividend Analysis

5.1 Amount

  • No dividends for NMIH!.
Industry RankSector Rank
Dividend Yield 0%

More info and screens

Find the best dividend stocksShow peers with best dividend

NMIH Fundamentals: All Metrics, Ratios and Statistics

NMI HOLDINGS INC

NASDAQ:NMIH (3/27/2026, 8:00:01 PM)

After market: 36.86 0 (0%)

36.86

-0.66 (-1.76%)

Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryFinancial Services
Earnings (Last)02-10
Earnings (Next)04-27
Inst Owners100.28%
Inst Owner Change-2.38%
Ins Owners2.18%
Ins Owner Change-9.33%
Market Cap2.80B
Revenue(TTM)706.44M
Net Income(TTM)388.93M
Analysts80
Price Target47.6 (29.14%)
Short Float %2.59%
Short Ratio3.98
Dividend
Industry RankSector Rank
Dividend Yield 0%
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-1.35%
Min EPS beat(2)-1.55%
Max EPS beat(2)-1.14%
EPS beat(4)1
Avg EPS beat(4)2.69%
Min EPS beat(4)-1.55%
Max EPS beat(4)14.08%
EPS beat(8)3
Avg EPS beat(8)2.86%
EPS beat(12)7
Avg EPS beat(12)3.84%
EPS beat(16)11
Avg EPS beat(16)4.29%
Revenue beat(2)0
Avg Revenue beat(2)-3.97%
Min Revenue beat(2)-6.47%
Max Revenue beat(2)-1.47%
Revenue beat(4)0
Avg Revenue beat(4)-3.14%
Min Revenue beat(4)-6.47%
Max Revenue beat(4)-1.21%
Revenue beat(8)0
Avg Revenue beat(8)-3.45%
Revenue beat(12)0
Avg Revenue beat(12)-3.47%
Revenue beat(16)4
Avg Revenue beat(16)-1.17%
PT rev (1m)2.56%
PT rev (3m)5.04%
EPS NQ rev (1m)-1.07%
EPS NQ rev (3m)-0.94%
EPS NY rev (1m)0.76%
EPS NY rev (3m)1.33%
Revenue NQ rev (1m)0.4%
Revenue NQ rev (3m)0.4%
Revenue NY rev (1m)-0.29%
Revenue NY rev (3m)-0.29%
Valuation
Industry RankSector Rank
PE 7.51
Fwd PE 7.03
P/S 3.97
P/FCF 6.79
P/OCF 6.68
P/B 1.08
P/tB 1.08
EV/EBITDA 5.98
EPS(TTM)4.91
EY13.32%
EPS(NY)5.25
Fwd EY14.23%
FCF(TTM)5.43
FCFY14.72%
OCF(TTM)5.51
OCFY14.96%
SpS9.29
BVpS34.09
TBVpS34.04
PEG (NY)1.09
PEG (5Y)0.43
Graham Number61.37
Profitability
Industry RankSector Rank
ROA 10.13%
ROE 15%
ROCE 14.13%
ROIC 10.99%
ROICexc 11.12%
ROICexgc 12.81%
OM 74.78%
PM (TTM) 55.05%
GM N/A
FCFM 58.39%
ROA(3y)10.61%
ROA(5y)10.58%
ROE(3y)15.99%
ROE(5y)16.18%
ROIC(3y)11.73%
ROIC(5y)11.8%
ROICexc(3y)11.99%
ROICexc(5y)12.07%
ROICexgc(3y)13.62%
ROICexgc(5y)13.43%
ROCE(3y)15.09%
ROCE(5y)15.18%
ROICexgc growth 3Y-4.11%
ROICexgc growth 5Y5.31%
ROICexc growth 3Y-5.74%
ROICexc growth 5Y3.36%
OM growth 3Y-1.41%
OM growth 5Y6.22%
PM growth 3Y-0.55%
PM growth 5Y6.81%
GM growth 3YN/A
GM growth 5YN/A
F-Score6
Asset Turnover0.18
Health
Industry RankSector Rank
Debt/Equity 0.16
Debt/FCF 1.01
Debt/EBITDA 0.77
Cap/Depr 60.22%
Cap/Sales 0.96%
Interest Coverage 16.8
Cash Conversion 77.71%
Profit Quality 106.07%
Current Ratio N/A
Quick Ratio N/A
Altman-Z N/A
F-Score6
WACC8.67%
ROIC/WACC1.27
Cap/Depr(3y)66.43%
Cap/Depr(5y)79.46%
Cap/Sales(3y)1.21%
Cap/Sales(5y)1.64%
Profit Quality(3y)105.64%
Profit Quality(5y)111.19%
High Growth Momentum
Growth
EPS 1Y (TTM)9.11%
EPS 3Y13.14%
EPS 5Y17.31%
EPS Q2Q%12.15%
EPS Next Y6.86%
EPS Next 2Y6.91%
EPS Next 3Y5.73%
EPS Next 5YN/A
Revenue 1Y (TTM)8.52%
Revenue growth 3Y10.52%
Revenue growth 5Y10.27%
Sales Q2Q%6.23%
Revenue Next Year4.47%
Revenue Next 2Y4.41%
Revenue Next 3Y4.51%
Revenue Next 5YN/A
EBIT growth 1Y5.59%
EBIT growth 3Y8.96%
EBIT growth 5Y17.13%
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y6.68%
FCF growth 3Y10.86%
FCF growth 5Y11.4%
OCF growth 1Y6.53%
OCF growth 3Y10.19%
OCF growth 5Y10.67%

NMI HOLDINGS INC / NMIH Fundamental Analysis FAQ

What is the fundamental rating for NMIH stock?

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


What is the valuation status of NMI HOLDINGS INC (NMIH) stock?

ChartMill assigns a valuation rating of 8 / 10 to NMI HOLDINGS INC (NMIH). This can be considered as Undervalued.


What is the profitability of NMIH stock?

NMI HOLDINGS INC (NMIH) has a profitability rating of 8 / 10.


What are the PE and PB ratios of NMI HOLDINGS INC (NMIH) stock?

The Price/Earnings (PE) ratio for NMI HOLDINGS INC (NMIH) is 7.51 and the Price/Book (PB) ratio is 1.08.


Can you provide the expected EPS growth for NMIH stock?

The Earnings per Share (EPS) of NMI HOLDINGS INC (NMIH) is expected to grow by 6.86% in the next year.