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Company Analysis

NMI Holdings Inc NMIH

A comprehensive view of key metrics, scores, and financial health for NMI Holdings Inc

Overview of NMI Holdings, Inc.

NMIH NGM
Financial Services Insurance - Specialty Framework: Insurance & Reinsurance Mid Cap
NMI Holdings, Inc. (NMIH), is a Mid Cap company, in the Insurance - Specialty industry, last closed at $37.05, about 7.4% overvalued vs fair value, -8.2% 1Y return, ranked 416/1037 in sector.
Metrics P/E 8.3× Rev Growth 8.5% ROE 16.2%
USD 37.05
0.84%
(Delayed)
• Vol 90d: 25.2%
52-Week Range
Market Cap
$2.81B
Enterprise Value
$3.19B
Overall Score
View breakdown
Overall
Growth
Good
Profitability
Excellent
Health
Fair
Efficiency
Fair
Valuation
Fair
Growth
Good
Profitability
Excellent
Health
Fair
Efficiency
Fair
Valuation
Fair
Completeness: 82%
Confidence: 89%
Updated: Mar 8
Top Beats
No strong beats yet

Quick Facts

Website https://www.nationalmi.com
HQ EmeryVille, CA
Employees 225
Fiscal year Dec 31

Next Events

Earnings Jul 28 Estimated

Fair Value Snapshot

Bear Base Bull
$19
$34
$64
Current: $37.05 -7% vs base

Engine Room Money Flow™

Mid Cap

Insurance & Reinsurance - Where revenue goes and how value is created

Flow Steps
Total Revenue
$706.4M
8.5%%
Claims & Losses
$-57.6M
78.7%%
Acquisition & Admin Expenses
$-117.5M
Underwriting Result
$499.8M
7.9%%
Money Flow Bridge
Flow Direction: Money moves from left to right
Components: Breakdown shows composition of each stage
Industry-Specific: Insurance & Reinsurance

Quality & Reliability Indicators

Loss Ratio
8.2%
Excellent

Claims & Losses / Revenue — core underwriting discipline metric; lower is better

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Owner's Pocket - Capital Allocation

Total Returned to Shareholders

Combined dividends, buybacks, and debt reduction

$105.1M
27.0% of Net Income

Where It Leaks

Cash Flow Health healthy
Strong cash conversion with minimal leakage across profit-to-cash-to-value chain.
0
Active Leaks
0/0
Improving
0
High Impact
0
Critical
Moat Analysis Insurance & Reinsurance

Competitive Advantage Assessment

Evaluating NMI Holdings Inc's durable competitive advantages across 6 defense dimensions

Overall Moat Strength
83
/100
Strong
Scores based on quantitative metrics and qualitative factors

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Underwriting Discipline

Strong
79
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For informational purposes only. Not investment advice.

Trade-Off Ledger™

Where management spends the performance budget - Growth, Profitability, or Safety

Insurance (Life, P&C, Reinsurance) vs Industry Peers 100% Coverage
Trade-Off Triangle Visualization A ternary plot showing NMIH's balance between Growth (29.3%), Profitability (43.5%), and Safety (27.2%). Growth 29% Safety 27% Profitability 44%

Click axes to expand details. Marker shows current allocation.

3-Year Trend Analysis Locked
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Growth

57th percentile vs peers
58
Key Signals
Rev Growth YoY 8.5% 53p Revenue CAGR 3Y 10.4% 58p Equity Growth YoY 16.9% 72p EPS Growth YoY 11.1% 40p Asset Growth YoY 14.7% 84p
Strengths
  • Net Profit Margin in top 20% of peers (55.0%, 98th percentile)
  • Operating Margin in top 20% of peers (70.8%, 96th percentile)
  • ROA in top 20% of peers (10.8%, 95th percentile)
  • Equity/Assets in top 20% of peers (67.5%, 91th percentile)
Risks

No significant risks identified for this axis.

Profitability

86th percentile vs peers
86
Key Signals
Strengths
Risks
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Safety

53th percentile vs peers
54
Key Signals
Strengths
Safety drilldowns are available to premium members.

Two Futures

Scenario-based fair value ranges for NMI Holdings Inc.

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Unable to Compute Fair Value

This company cannot be valued using standard models.

What this means: The Scenario Theatre requires financial data (revenue, cash flow, shares outstanding) to calculate fair value estimates. This data may be unavailable for:

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  • Shell companies or holding companies
  • Companies that haven't filed recent financials
  • Foreign companies with limited data coverage
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Bear
-
- - -
- upside
-
Base
$34.31
- - -
-7.4% vs current
Snapshot base estimate
Bull
-
- - -
- upside
-
Fair Value Range Current: $-
$- $- $-
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