NMI HOLDINGS INC (NMIH) Stock Fundamental Analysis
NASDAQ:NMIH - US6292093050 - Common Stock
40.17 USD
+0.94 (+2.4%)
NMIH gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 100 industry peers in the Financial Services industry. While NMIH belongs to the best of the industry regarding profitability, there are some minor concerns on its financial health. NMIH is valued quite cheap, while showing a decent growth score. This is a good combination!
1. Profitability
1.1 Basic Checks
NMIH had positive earnings in the past year.
In the past year NMIH had a positive cash flow from operations.
Each year in the past 5 years NMIH has been profitable.
NMIH had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
NMIH has a Return On Assets of 10.52%. This is amongst the best in the industry. NMIH outperforms 90.00% of its industry peers.
NMIH has a Return On Equity of 15.61%. This is in the better half of the industry: NMIH outperforms 75.00% of its industry peers.
NMIH has a better Return On Invested Capital (11.41%) than 88.00% of its industry peers.
The Average Return On Invested Capital over the past 3 years for NMIH is above the industry average of 7.90%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 10.52% | ||
| ROE | 15.61% | ||
| ROIC | 11.41% |
ROA(3y)11.12%
ROA(5y)10.14%
ROE(3y)17.04%
ROE(5y)15.68%
ROIC(3y)12.44%
ROIC(5y)11.39%
1.3 Margins
NMIH's Profit Margin of 55.57% is amongst the best of the industry. NMIH outperforms 95.00% of its industry peers.
NMIH's Profit Margin has improved in the last couple of years.
NMIH has a Operating Margin of 75.57%. This is amongst the best in the industry. NMIH outperforms 95.00% of its industry peers.
In the last couple of years the Operating Margin of NMIH has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 75.57% | ||
| PM (TTM) | 55.57% | ||
| GM | N/A |
OM growth 3Y4.36%
OM growth 5Y4.16%
PM growth 3Y5.11%
PM growth 5Y4.03%
GM growth 3YN/A
GM growth 5YN/A
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.
NMIH has less shares outstanding than it did 1 year ago.
The number of shares outstanding for NMIH has been increased compared to 5 years ago.
Compared to 1 year ago, NMIH has an improved debt to assets ratio.
2.2 Solvency
The Debt to FCF ratio of NMIH is 1.07, which is an excellent value as it means it would take NMIH, only 1.07 years of fcf income to pay off all of its debts.
With an excellent Debt to FCF ratio value of 1.07, NMIH belongs to the best of the industry, outperforming 84.00% of the companies in the same industry.
A Debt/Equity ratio of 0.17 indicates that NMIH is not too dependend on debt financing.
NMIH has a better Debt to Equity ratio (0.17) than 72.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.17 | ||
| Debt/FCF | 1.07 | ||
| Altman-Z | N/A |
ROIC/WACC1.39
WACC8.2%
2.3 Liquidity
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | N/A | ||
| Quick Ratio | N/A |
3. Growth
3.1 Past
The Earnings Per Share has grown by an nice 10.02% over the past year.
The Earnings Per Share has been growing by 11.51% 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 9.98% in the last year.
Measured over the past years, NMIH shows a quite strong growth in Revenue. The Revenue has been growing by 11.44% on average per year.
EPS 1Y (TTM)10.02%
EPS 3Y18.13%
EPS 5Y11.51%
EPS Q2Q%1.67%
Revenue 1Y (TTM)9.98%
Revenue growth 3Y10.3%
Revenue growth 5Y11.44%
Sales Q2Q%5.59%
3.2 Future
The Earnings Per Share is expected to grow by 6.34% on average over the next years.
NMIH is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 4.09% yearly.
EPS Next Y11.27%
EPS Next 2Y7.31%
EPS Next 3Y6.34%
EPS Next 5YN/A
Revenue Next Year2.41%
Revenue Next 2Y3.16%
Revenue Next 3Y4.09%
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.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 8.51, the valuation of NMIH can be described as reasonable.
Compared to the rest of the industry, the Price/Earnings ratio of NMIH indicates a rather cheap valuation: NMIH is cheaper than 81.00% of the companies listed in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 26.76, NMIH is valued rather cheaply.
NMIH is valuated cheaply with a Price/Forward Earnings ratio of 7.75.
NMIH's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. NMIH is cheaper than 74.00% of the companies in the same industry.
NMIH is valuated cheaply when we compare the Price/Forward Earnings ratio to 34.91, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.51 | ||
| Fwd PE | 7.75 |
4.2 Price Multiples
NMIH's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. NMIH is cheaper than 87.00% of the companies in the same industry.
82.00% of the companies in the same industry are more expensive than NMIH, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 8.06 | ||
| EV/EBITDA | 6.44 |
4.3 Compensation for Growth
The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
The decent profitability rating of NMIH may justify a higher PE ratio.
PEG (NY)0.76
PEG (5Y)0.74
EPS Next 2Y7.31%
EPS Next 3Y6.34%
5. Dividend
5.1 Amount
No dividends for NMIH!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
NASDAQ:NMIH (8/22/2025, 12:15:49 PM)
40.17
+0.94 (+2.4%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryFinancial Services
Earnings (Last)
Earnings (Next)
Inst Owners99.88%
Inst Owner Change-1.26%
Ins Owners1.94%
Ins Owner Change-6.03%
Market Cap3.12B
Analysts81.43
Price Target45.05 (12.15%)
Short Float %2.37%
Short Ratio3.66
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
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)1
Avg EPS beat(2)6.72%
Min EPS beat(2)-0.64%
Max EPS beat(2)14.08%
EPS beat(4)1
Avg EPS beat(4)1.49%
Min EPS beat(4)-6.75%
Max EPS beat(4)14.08%
EPS beat(8)5
Avg EPS beat(8)4.46%
EPS beat(12)9
Avg EPS beat(12)4.88%
EPS beat(16)12
Avg EPS beat(16)4.45%
Revenue beat(2)0
Avg Revenue beat(2)-2.32%
Min Revenue beat(2)-3.42%
Max Revenue beat(2)-1.21%
Revenue beat(4)0
Avg Revenue beat(4)-3.79%
Min Revenue beat(4)-6.39%
Max Revenue beat(4)-1.21%
Revenue beat(8)0
Avg Revenue beat(8)-3.2%
Revenue beat(12)2
Avg Revenue beat(12)-2.13%
Revenue beat(16)6
Avg Revenue beat(16)-0.33%
PT rev (1m)1.15%
PT rev (3m)5.58%
EPS NQ rev (1m)-0.52%
EPS NQ rev (3m)2.07%
EPS NY rev (1m)0%
EPS NY rev (3m)0.5%
Revenue NQ rev (1m)0.73%
Revenue NQ rev (3m)-2.03%
Revenue NY rev (1m)-0.02%
Revenue NY rev (3m)0.42%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.51 | ||
| Fwd PE | 7.75 | ||
| P/S | 4.59 | ||
| P/FCF | 8.06 | ||
| P/OCF | 7.93 | ||
| P/B | 1.29 | ||
| P/tB | 1.29 | ||
| EV/EBITDA | 6.44 |
EPS(TTM)4.72
EY11.75%
EPS(NY)5.18
Fwd EY12.9%
FCF(TTM)4.99
FCFY12.41%
OCF(TTM)5.07
OCFY12.61%
SpS8.74
BVpS31.14
TBVpS31.09
PEG (NY)0.76
PEG (5Y)0.74
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 10.52% | ||
| ROE | 15.61% | ||
| ROCE | 14.66% | ||
| ROIC | 11.41% | ||
| ROICexc | 11.69% | ||
| ROICexgc | 13.27% | ||
| OM | 75.57% | ||
| PM (TTM) | 55.57% | ||
| GM | N/A | ||
| FCFM | 57.02% |
ROA(3y)11.12%
ROA(5y)10.14%
ROE(3y)17.04%
ROE(5y)15.68%
ROIC(3y)12.44%
ROIC(5y)11.39%
ROICexc(3y)12.73%
ROICexc(5y)11.75%
ROICexgc(3y)14.21%
ROICexgc(5y)12.86%
ROCE(3y)15.97%
ROCE(5y)14.63%
ROICexcg growth 3Y5.83%
ROICexcg growth 5Y-1.43%
ROICexc growth 3Y3.34%
ROICexc growth 5Y-3.31%
OM growth 3Y4.36%
OM growth 5Y4.16%
PM growth 3Y5.11%
PM growth 5Y4.03%
GM growth 3YN/A
GM growth 5YN/A
F-Score6
Asset Turnover0.19
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.17 | ||
| Debt/FCF | 1.07 | ||
| Debt/EBITDA | 0.79 | ||
| Cap/Depr | 53.4% | ||
| Cap/Sales | 0.92% | ||
| Interest Coverage | 27.46 | ||
| Cash Conversion | 74.96% | ||
| Profit Quality | 102.6% | ||
| Current Ratio | N/A | ||
| Quick Ratio | N/A | ||
| Altman-Z | N/A |
F-Score6
WACC8.2%
ROIC/WACC1.39
Cap/Depr(3y)76.04%
Cap/Depr(5y)92.06%
Cap/Sales(3y)1.57%
Cap/Sales(5y)2.01%
Profit Quality(3y)104.75%
Profit Quality(5y)118%
High Growth Momentum
Growth
EPS 1Y (TTM)10.02%
EPS 3Y18.13%
EPS 5Y11.51%
EPS Q2Q%1.67%
EPS Next Y11.27%
EPS Next 2Y7.31%
EPS Next 3Y6.34%
EPS Next 5YN/A
Revenue 1Y (TTM)9.98%
Revenue growth 3Y10.3%
Revenue growth 5Y11.44%
Sales Q2Q%5.59%
Revenue Next Year2.41%
Revenue Next 2Y3.16%
Revenue Next 3Y4.09%
Revenue Next 5YN/A
EBIT growth 1Y5.98%
EBIT growth 3Y15.11%
EBIT growth 5Y16.08%
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y20.57%
FCF growth 3Y7.25%
FCF growth 5Y14.3%
OCF growth 1Y18.85%
OCF growth 3Y6.52%
OCF growth 5Y13.58%