39.29 USD
+1.78 (+4.75%)
39.29 USD
0 (0%)
NMIH gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 97 industry peers in the Financial Services industry. While NMIH has a great profitability rating, there are some minor concerns on its financial health. NMIH scores decently on growth, while it is valued quite cheap. This could make an interesting 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
The Return On Assets of NMIH (10.22%) is better than 90.72% of its industry peers.
The Return On Equity of NMIH (15.14%) is better than 81.44% of its industry peers.
NMIH's Return On Invested Capital of 11.10% is amongst the best of the industry. NMIH outperforms 86.60% 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 better Profit Margin (55.02%) than 93.81% of its industry peers.
In the last couple of years the Profit Margin of NMIH has grown nicely.
NMIH's Operating Margin of 74.83% is amongst the best of the industry. NMIH outperforms 95.88% of its industry peers.
In the last couple of years the Operating Margin of NMIH has grown nicely.
| 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
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), NMIH is creating some value.
NMIH has less shares outstanding than it did 1 year ago.
Compared to 5 years ago, NMIH has more shares outstanding
NMIH has a better debt/assets ratio than last year.
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.
With a decent Debt to FCF ratio value of 1.08, NMIH is doing good in the industry, outperforming 79.38% 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 68.04% 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
WACC8.09%
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.
NMIH shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 8.86%.
The Revenue has been growing by 11.44% on average over the past years. This is quite good.
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 7.35% on average per year.
NMIH is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 3.81% yearly.
EPS Next Y11.14%
EPS Next 2Y7.27%
EPS Next 3Y7.35%
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.
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
The Price/Earnings ratio is 8.22, which indicates a very decent valuation of NMIH.
Based on the Price/Earnings ratio, NMIH is valued a bit cheaper than 76.29% of the companies in the same industry.
NMIH's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 26.59.
The Price/Forward Earnings ratio is 7.59, which indicates a rather cheap valuation of NMIH.
Based on the Price/Forward Earnings ratio, NMIH is valued a bit cheaper than the industry average as 70.10% of the companies are valued more expensively.
NMIH is valuated cheaply when we compare the Price/Forward Earnings ratio to 23.80, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.22 | ||
| Fwd PE | 7.59 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, NMIH is valued cheaper than 88.66% of the companies in the same industry.
NMIH's Price/Free Cash Flow ratio is rather cheap when compared to the industry. NMIH is cheaper than 83.51% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 7.81 | ||
| EV/EBITDA | 6.24 |
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.
NMIH has an outstanding profitability rating, which may justify a higher PE ratio.
PEG (NY)0.74
PEG (5Y)0.71
EPS Next 2Y7.27%
EPS Next 3Y7.35%
5. Dividend
5.1 Amount
No dividends for NMIH!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
39.29
+1.78 (+4.75%)
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 Cap3.02B
Revenue(TTM)692.21M
Net Income(TTM)380.88M
Analysts80
Price Target45.32 (15.35%)
Short Float %2.08%
Short Ratio3.84
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)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)-0.32%
PT rev (3m)0.59%
EPS NQ rev (1m)0.28%
EPS NQ rev (3m)0.2%
EPS NY rev (1m)0.1%
EPS NY rev (3m)0.36%
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 | 8.22 | ||
| Fwd PE | 7.59 | ||
| P/S | 4.36 | ||
| P/FCF | 7.81 | ||
| P/OCF | 7.68 | ||
| P/B | 1.2 | ||
| P/tB | 1.2 | ||
| EV/EBITDA | 6.24 |
EPS(TTM)4.78
EY12.17%
EPS(NY)5.18
Fwd EY13.18%
FCF(TTM)5.03
FCFY12.81%
OCF(TTM)5.12
OCFY13.02%
SpS9
BVpS32.72
TBVpS32.67
PEG (NY)0.74
PEG (5Y)0.71
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
WACC8.09%
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 Y11.14%
EPS Next 2Y7.27%
EPS Next 3Y7.35%
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 for NMIH stock?
ChartMill assigns a valuation rating of 8 / 10 to NMI HOLDINGS INC (NMIH). This can be considered as Undervalued.
How profitable is NMI HOLDINGS INC (NMIH) stock?
NMI HOLDINGS INC (NMIH) has a profitability rating of 8 / 10.
What is the valuation of NMI HOLDINGS INC based on its PE and PB ratios?
The Price/Earnings (PE) ratio for NMI HOLDINGS INC (NMIH) is 8.22 and the Price/Book (PB) ratio is 1.2.
What is the financial health of NMI HOLDINGS INC (NMIH) stock?
The financial health rating of NMI HOLDINGS INC (NMIH) is 4 / 10.