NMI HOLDINGS INC (NMIH) Stock Fundamental Analysis

NASDAQ:NMIH • US6292093050

39.7792 USD
+0.12 (+0.3%)
Last: Feb 19, 2026, 09:35 AM
Overview Stock Chart Technical Analysis Fundamental Analysis Analyst Ratings Earnings Estimates Financials Ownership News
Fundamental Rating

5

Overall NMIH gets a fundamental rating of 5 out of 10. We evaluated NMIH against 97 industry peers in the Financial Services industry. NMIH has an excellent profitability rating, but there are some minor concerns on its financial health. A decent growth rate in combination with a cheap valuation! Better keep an eye on NMIH.


Dividend Valuation Growth Profitability Health

7

1. Profitability

1.1 Basic Checks

  • NMIH had positive earnings in the past year.
  • NMIH had a positive operating cash flow in the past year.
  • Each year in the past 5 years NMIH has been profitable.
  • NMIH had a positive operating cash flow in 4 of the past 5 years.
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 10.22% is amongst the best of the industry. NMIH outperforms 89.69% of its industry peers.
  • Looking at the Return On Equity, with a value of 15.14%, NMIH belongs to the top of the industry, outperforming 80.41% of the companies in the same industry.
  • NMIH's Return On Invested Capital of 11.08% is amongst the best of the industry. NMIH outperforms 86.60% of its industry peers.
  • The Average Return On Invested Capital over the past 3 years for NMIH is above the industry average of 8.38%.
Industry RankSector Rank
ROA 10.22%
ROE 15.14%
ROIC 11.08%
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 55.02%, NMIH belongs to the best of the industry, outperforming 92.78% of the companies in the same industry.
  • In the last couple of years the Profit Margin of NMIH has grown nicely.
  • The Operating Margin of NMIH (74.83%) is better than 95.88% of its industry peers.
  • In the last couple of years the Operating Margin of NMIH has grown nicely.
Industry RankSector Rank
OM 74.83%
PM (TTM) 55.02%
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

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ROAROEROICOperating and Profit MarginShow most profitable peers

4

2. Health

2.1 Basic Checks

  • The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so NMIH is still 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.
  • The debt/assets ratio for NMIH has been reduced compared to a year ago.
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

  • The Debt to FCF ratio of NMIH is 1.08, which is an excellent value as it means it would take NMIH, only 1.08 years of fcf income to pay off all of its debts.
  • With a decent Debt to FCF ratio value of 1.08, NMIH is doing good in the industry, outperforming 78.35% of the companies in the same industry.
  • A Debt/Equity ratio of 0.17 indicates that NMIH is not too dependend on debt financing.
  • With a decent Debt to Equity ratio value of 0.17, NMIH is doing good in the industry, outperforming 64.95% of the companies in the same industry.
Industry RankSector Rank
Debt/Equity 0.17
Debt/FCF 1.08
Altman-Z N/A
ROIC/WACC1.39
WACC7.98%
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

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

5

3. Growth

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.
  • NMIH shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 8.52%.
  • NMIH shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 10.27% yearly.
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

  • The Earnings Per Share is expected to grow by 7.04% on average over the next years.
  • The Revenue is expected to grow by 4.51% on average over the next years.
EPS Next Y6.05%
EPS Next 2Y7.04%
EPS Next 3YN/A
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 0 2 4

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Find the best growth stocksShow best growing peers

8

4. Valuation

4.1 Price/Earnings Ratio

  • The Price/Earnings ratio is 8.10, which indicates a very decent valuation of NMIH.
  • Compared to the rest of the industry, the Price/Earnings ratio of NMIH indicates a somewhat cheap valuation: NMIH is cheaper than 74.23% of the companies listed in the same industry.
  • When comparing the Price/Earnings ratio of NMIH to the average of the S&P500 Index (27.27), we can say NMIH is valued rather cheaply.
  • The Price/Forward Earnings ratio is 7.64, which indicates a rather cheap valuation of NMIH.
  • NMIH's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. NMIH is cheaper than 73.20% of the companies in the same industry.
  • NMIH's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 28.16.
Industry RankSector Rank
PE 8.1
Fwd PE 7.64
NMIH Price Earnings VS Forward Price EarningsNMIH Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 5 10 15 20 25

4.2 Price Multiples

  • Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of NMIH indicates a rather cheap valuation: NMIH is cheaper than 87.63% of the companies listed in the same industry.
  • Compared to the rest of the industry, the Price/Free Cash Flow ratio of NMIH indicates a rather cheap valuation: NMIH is cheaper than 82.47% of the companies listed in the same industry.
Industry RankSector Rank
P/FCF 7.9
EV/EBITDA 6.3
NMIH Per share dataNMIH EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 10 20 30

4.3 Compensation for Growth

  • NMIH's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
  • NMIH has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)1.34
PEG (5Y)0.47
EPS Next 2Y7.04%
EPS Next 3YN/A

More info and screens

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

0

5. Dividend

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

NMI HOLDINGS INC

NASDAQ:NMIH (2/19/2026, 9:35:07 AM)

39.7792

+0.12 (+0.3%)

Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryFinancial Services
Earnings (Last)02-10
Earnings (Next)04-27
Inst Owners99.41%
Inst Owner Change-5.39%
Ins Owners1.93%
Ins Owner Change-7.31%
Market Cap3.06B
Revenue(TTM)706.44M
Net Income(TTM)380.88M
Analysts80
Price Target46.41 (16.67%)
Short Float %2.5%
Short Ratio4.05
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)-1.1%
Min EPS beat(2)-1.55%
Max EPS beat(2)-0.64%
EPS beat(4)1
Avg EPS beat(4)1.28%
Min EPS beat(4)-6.75%
Max EPS beat(4)14.08%
EPS beat(8)4
Avg EPS beat(8)3.43%
EPS beat(12)8
Avg EPS beat(12)3.96%
EPS beat(16)12
Avg EPS beat(16)4.45%
Revenue beat(2)0
Avg Revenue beat(2)-1.34%
Min Revenue beat(2)-1.47%
Max Revenue beat(2)-1.21%
Revenue beat(4)0
Avg Revenue beat(4)-3.12%
Min Revenue beat(4)-6.39%
Max Revenue beat(4)-1.21%
Revenue beat(8)0
Avg Revenue beat(8)-3.06%
Revenue beat(12)1
Avg Revenue beat(12)-2.51%
Revenue beat(16)5
Avg Revenue beat(16)-0.5%
PT rev (1m)1.76%
PT rev (3m)2.08%
EPS NQ rev (1m)0%
EPS NQ rev (3m)0.56%
EPS NY rev (1m)0%
EPS NY rev (3m)0.17%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)4.68%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.23%
Valuation
Industry RankSector Rank
PE 8.1
Fwd PE 7.64
P/S 4.42
P/FCF 7.9
P/OCF 7.77
P/B 1.22
P/tB 1.22
EV/EBITDA 6.3
EPS(TTM)4.91
EY12.34%
EPS(NY)5.21
Fwd EY13.09%
FCF(TTM)5.03
FCFY12.65%
OCF(TTM)5.12
OCFY12.86%
SpS9
BVpS32.72
TBVpS32.67
PEG (NY)1.34
PEG (5Y)0.47
Graham Number60.12
Profitability
Industry RankSector Rank
ROA 10.22%
ROE 15.14%
ROCE 14.25%
ROIC 11.08%
ROICexc 11.5%
ROICexgc 13.01%
OM 74.83%
PM (TTM) 55.02%
GM N/A
FCFM 55.89%
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)11.98%
ROICexc(5y)12.06%
ROICexgc(3y)13.62%
ROICexgc(5y)13.43%
ROCE(3y)15.08%
ROCE(5y)15.17%
ROICexgc growth 3Y-4.13%
ROICexgc growth 5Y5.3%
ROICexc growth 3Y-5.81%
ROICexc growth 5Y3.31%
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 Turnover0.19
Health
Industry RankSector Rank
Debt/Equity 0.17
Debt/FCF 1.08
Debt/EBITDA 0.79
Cap/Depr 56.63%
Cap/Sales 0.94%
Interest Coverage 11.39
Cash Conversion 74.29%
Profit Quality 101.57%
Current Ratio N/A
Quick Ratio N/A
Altman-Z N/A
F-Score6
WACC7.98%
ROIC/WACC1.39
Cap/Depr(3y)N/A
Cap/Depr(5y)N/A
Cap/Sales(3y)N/A
Cap/Sales(5y)N/A
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)9.11%
EPS 3Y13.14%
EPS 5Y17.31%
EPS Q2Q%12.15%
EPS Next Y6.05%
EPS Next 2Y7.04%
EPS Next 3YN/A
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 1Y4.52%
EBIT growth 3Y8.96%
EBIT growth 5Y17.13%
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y1.57%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y1.42%
OCF growth 3YN/A
OCF growth 5YN/A

NMI HOLDINGS INC / NMIH FAQ

What is the fundamental rating for NMIH stock?

ChartMill assigns a fundamental rating of 5 / 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 7 / 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 8.1 and the Price/Book (PB) ratio is 1.22.


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 6.05% in the next year.