40.79 USD
-0.42 (-1.02%)
40.79 USD
0 (0%)
Taking everything into account, NMIH scores 5 out of 10 in our fundamental rating. NMIH was compared to 98 industry peers in the Financial Services industry. While NMIH has a great profitability rating, 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.
1. Profitability
1.1 Basic Checks
In the past year NMIH was profitable.
In the past year NMIH had a positive cash flow from operations.
Each year in the past 5 years NMIH has been profitable.
In the past 5 years NMIH always reported a positive cash flow from operatings.
1.2 Ratios
NMIH has a Return On Assets of 10.22%. This is amongst the best in the industry. NMIH outperforms 90.82% 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 81.63% of the companies in the same industry.
NMIH's Return On Invested Capital of 11.10% is amongst the best of the industry. NMIH outperforms 86.73% of its industry peers.
NMIH had an Average Return On Invested Capital over the past 3 years of 12.44%. This is above the industry average of 8.44%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 10.22% | ||
| ROE | 15.14% | ||
| ROIC | 11.1% |
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 has a Profit Margin of 55.02%. This is amongst the best in the industry. NMIH outperforms 93.88% of its industry peers.
NMIH's Profit Margin has improved in the last couple of years.
Looking at the Operating Margin, with a value of 74.83%, NMIH belongs to the top of the industry, outperforming 95.92% of the companies in the same industry.
NMIH's Operating Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 74.83% | ||
| PM (TTM) | 55.02% | ||
| 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.
The number of shares outstanding for NMIH has been reduced compared to 1 year ago.
Compared to 5 years ago, NMIH has more shares outstanding
The debt/assets ratio for NMIH has been reduced compared to a year ago.
2.2 Solvency
NMIH has a debt to FCF ratio of 1.08. This is a very positive value and a sign of high solvency as it would only need 1.08 years to pay back of all of its debts.
Looking at the Debt to FCF ratio, with a value of 1.08, NMIH belongs to the top of the industry, outperforming 80.61% 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 67.35% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.17 | ||
| Debt/FCF | 1.08 | ||
| Altman-Z | N/A |
ROIC/WACC1.37
WACC8.12%
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 been growing slightly by 7.66% over the past year.
Measured over the past years, NMIH shows a quite strong growth in Earnings Per Share. The EPS has been growing by 11.51% on average per year.
The Revenue has grown by 8.86% in the past year. This is quite good.
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)7.66%
EPS 3Y18.13%
EPS 5Y11.51%
EPS Q2Q%5.22%
Revenue 1Y (TTM)8.86%
Revenue growth 3Y10.3%
Revenue growth 5Y11.44%
Sales Q2Q%5.57%
3.2 Future
Based on estimates for the next years, NMIH will show a small growth in Earnings Per Share. The EPS will grow by 7.51% on average per year.
The Revenue is expected to grow by 3.81% on average over the next years.
EPS Next Y11.22%
EPS Next 2Y7.5%
EPS Next 3Y7.51%
EPS Next 5YN/A
Revenue Next Year3.17%
Revenue Next 2Y3.98%
Revenue Next 3Y3.81%
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 decreasing.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 8.53, which indicates a very decent valuation of NMIH.
74.49% of the companies in the same industry are more expensive than NMIH, based on the Price/Earnings ratio.
NMIH's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 26.51.
With a Price/Forward Earnings ratio of 7.84, the valuation of NMIH can be described as very cheap.
Based on the Price/Forward Earnings ratio, NMIH is valued a bit cheaper than 71.43% of the companies in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 23.13. NMIH is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.53 | ||
| Fwd PE | 7.84 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, NMIH is valued cheaply inside the industry as 87.76% of the companies are valued more expensively.
Based on the Price/Free Cash Flow ratio, NMIH is valued cheaper than 82.65% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 8.11 | ||
| EV/EBITDA | 6.46 |
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 excellent profitability rating of NMIH may justify a higher PE ratio.
PEG (NY)0.76
PEG (5Y)0.74
EPS Next 2Y7.5%
EPS Next 3Y7.51%
5. Dividend
5.1 Amount
NMIH does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
40.79
-0.42 (-1.02%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryFinancial Services
Earnings (Last)
Earnings (Next)
Inst Owners99.29%
Inst Owner Change-0.44%
Ins Owners1.93%
Ins Owner Change-0.98%
Market Cap3.14B
Revenue(TTM)692.21M
Net Income(TTM)380.88M
Analysts80
Price Target45.61 (11.82%)
Short Float %2.11%
Short Ratio3.84
Dividend
| Industry Rank | Sector 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)0.64%
PT rev (3m)1.24%
EPS NQ rev (1m)0.28%
EPS NQ rev (3m)0.48%
EPS NY rev (1m)0.17%
EPS NY rev (3m)0.1%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0.12%
Revenue NY rev (1m)0.23%
Revenue NY rev (3m)0.23%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.53 | ||
| Fwd PE | 7.84 | ||
| P/S | 4.53 | ||
| P/FCF | 8.11 | ||
| P/OCF | 7.97 | ||
| P/B | 1.25 | ||
| P/tB | 1.25 | ||
| EV/EBITDA | 6.46 |
EPS(TTM)4.78
EY11.72%
EPS(NY)5.2
Fwd EY12.75%
FCF(TTM)5.03
FCFY12.34%
OCF(TTM)5.12
OCFY12.55%
SpS9
BVpS32.72
TBVpS32.67
PEG (NY)0.76
PEG (5Y)0.74
Graham Number59.32
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 10.22% | ||
| ROE | 15.14% | ||
| ROCE | 14.25% | ||
| ROIC | 11.1% | ||
| ROICexc | 11.51% | ||
| ROICexgc | 13.03% | ||
| OM | 74.83% | ||
| PM (TTM) | 55.02% | ||
| GM | N/A | ||
| FCFM | 55.89% |
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%
ROICexgc growth 3Y5.83%
ROICexgc 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 | 1.08 | ||
| 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
WACC8.12%
ROIC/WACC1.37
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)7.66%
EPS 3Y18.13%
EPS 5Y11.51%
EPS Q2Q%5.22%
EPS Next Y11.22%
EPS Next 2Y7.5%
EPS Next 3Y7.51%
EPS Next 5YN/A
Revenue 1Y (TTM)8.86%
Revenue growth 3Y10.3%
Revenue growth 5Y11.44%
Sales Q2Q%5.57%
Revenue Next Year3.17%
Revenue Next 2Y3.98%
Revenue Next 3Y3.81%
Revenue Next 5YN/A
EBIT growth 1Y4.52%
EBIT growth 3Y15.11%
EBIT growth 5Y16.08%
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y15.93%
FCF growth 3Y7.25%
FCF growth 5Y14.3%
OCF growth 1Y14.22%
OCF growth 3Y6.52%
OCF growth 5Y13.58%
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 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 8.53 and the Price/Book (PB) ratio is 1.25.
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 11.22% in the next year.