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Also traded in: Germany

GuruFocus Financial Strength Rank measures how strong a company’s financial situation is. It is based on these factors

1. The debt burden that the company has as measured by its Interest coverage (current year).
2. Debt to revenue ratio. The lower, the better
3. Altman Z-score.

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

Financial Strength : 6/10

vs
industry
vs
history
Cash to Debt 0.31
NAS:NMIH's Cash to Debt is ranked lower than
86% of the 132 Companies
in the Global Insurance - Property & Casualty industry.

( Industry Median: 3.81 vs. NAS:NMIH: 0.31 )
Ranked among companies with meaningful Cash to Debt only.
NAS:NMIH' s Cash to Debt Range Over the Past 10 Years
Min: 0.31  Med: No Debt Max: No Debt
Current: 0.31
Equity to Asset 0.54
NAS:NMIH's Equity to Asset is ranked higher than
93% of the 132 Companies
in the Global Insurance - Property & Casualty industry.

( Industry Median: 0.27 vs. NAS:NMIH: 0.54 )
Ranked among companies with meaningful Equity to Asset only.
NAS:NMIH' s Equity to Asset Range Over the Past 10 Years
Min: 0.54  Med: 0.92 Max: 0.98
Current: 0.54
0.54
0.98
F-Score: 4
WACC vs ROIC
5.12%
-0.09%
WACC
ROIC
GuruFocus Profitability Rank ranks how profitable a company is and how likely the company’s business will stay that way. It is based on these factors:

1. Operating Margin
2. Trend of the Operating Margin (5-year average). The company with an uptrend profit margin has a higher rank.
••3. Consistency of the profitability
4. Piotroski F-Score
5. Predictability Rank•

The maximum rank is 10. A rank of 7 or higher means a higher profitability and may stay that way. A rank of 3 or lower indicates that the company has had trouble to make a profit.

Profitability Rank is not directly related to the Financial Strength Rank. But if a company is consistently profitable, its financial strength will be stronger.

Profitability & Growth : 3/10

vs
industry
vs
history
Operating margin (%) -0.24
NAS:NMIH's Operating margin (%) is ranked lower than
90% of the 133 Companies
in the Global Insurance - Property & Casualty industry.

( Industry Median: 9.47 vs. NAS:NMIH: -0.24 )
Ranked among companies with meaningful Operating margin (%) only.
NAS:NMIH' s Operating margin (%) Range Over the Past 10 Years
Min: -9679.93  Med: -519.26 Max: -0.24
Current: -0.24
-9679.93
-0.24
Net-margin (%) -0.51
NAS:NMIH's Net-margin (%) is ranked lower than
89% of the 133 Companies
in the Global Insurance - Property & Casualty industry.

( Industry Median: 7.22 vs. NAS:NMIH: -0.51 )
Ranked among companies with meaningful Net-margin (%) only.
NAS:NMIH' s Net-margin (%) Range Over the Past 10 Years
Min: -9679.93  Med: -516.2 Max: -0.51
Current: -0.51
-9679.93
-0.51
ROE (%) -0.13
NAS:NMIH's ROE (%) is ranked lower than
89% of the 133 Companies
in the Global Insurance - Property & Casualty industry.

( Industry Median: 8.09 vs. NAS:NMIH: -0.13 )
Ranked among companies with meaningful ROE (%) only.
NAS:NMIH' s ROE (%) Range Over the Past 10 Years
Min: -11.59  Med: -11.14 Max: -0.13
Current: -0.13
-11.59
-0.13
ROA (%) -0.08
NAS:NMIH's ROA (%) is ranked lower than
89% of the 133 Companies
in the Global Insurance - Property & Casualty industry.

( Industry Median: 2.33 vs. NAS:NMIH: -0.08 )
Ranked among companies with meaningful ROA (%) only.
NAS:NMIH' s ROA (%) Range Over the Past 10 Years
Min: -10.78  Med: -10.25 Max: -0.08
Current: -0.08
-10.78
-0.08
» NAS:NMIH's 10-Y Financials

Financials


Revenue & Net Income
Equity & Asset
Oprt. Cash Flow & Free Cash Flow
Oprt. Cash Flow & Net Income

» Details

Guru Trades

Q4 2015

NMIH Guru Trades in Q4 2015

Jim Simons 664,400 sh (+40.61%)
Howard Marks 5,666,443 sh (+3.65%)
Kyle Bass 7,371,500 sh (unchged)
Chuck Royce 18,000 sh (-28.00%)
» More
Q1 2016

NMIH Guru Trades in Q1 2016

Jim Simons 1,400,500 sh (+110.79%)
Howard Marks 5,816,443 sh (+2.65%)
Kyle Bass 7,371,500 sh (unchged)
Signature Select Canadian Fund Sold Out
Chuck Royce 16,450 sh (-8.61%)
» More
Q2 2016

NMIH Guru Trades in Q2 2016

Chuck Royce 303,674 sh (+1746.04%)
Jim Simons 1,495,738 sh (+6.80%)
Howard Marks 5,816,443 sh (unchged)
Kyle Bass 5,312,652 sh (-27.93%)
» More
Q3 2016

NMIH Guru Trades in Q3 2016

Chuck Royce 468,705 sh (+54.34%)
Jim Simons 1,665,900 sh (+11.38%)
Howard Marks 5,816,443 sh (unchged)
Kyle Bass 4,915,657 sh (-7.47%)
» More
» Details

Insider Trades

Latest Guru Trades with NMIH

(List those with share number changes of more than 20%, or impact to portfolio more than 0.1%)

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Business Description

Industry: Insurance - Property & Casualty » Insurance - Property & Casualty
Compare:NAS:GBLI, NYSE:HRTG, NAS:DGICB, NAS:SNC, NAS:EMCI, NAS:KNSL, NAS:BWINB, NAS:NATL, NYSE:HCI, NAS:UIHC, NAS:FNHC, NAS:AFH, NAS:HALL, NYSE:UVE, NYSE:KFS, NAS:IPCC, NAS:CNFR, NAS:UNAM, NAS:PIH, NAS:NSEC » details
Traded in other countries:6NM.Germany,
NMI Holdings Inc through its subsidiaries provides private mortgage guaranty insurance. The Company offers two types of mortgage insurance; Primary mortgage insurance and Pool insurance.

NMI Holdings Inc a Delaware corporation incorporated in May 2011 provides private mortgage guaranty insurance through its wholly owned insurance subsidiaries. The Company offers two types of mortgage insurance; Primary mortgage insurance and Pool insurance. It protects mortgage lenders from all or a portion of default-related losses on residential mortgage loans made to home buyers who generally make down payments of less than 20% of the home's purchase price. Its competition includes other private mortgage insurers, governmental agencies that sponsor government-backed mortgage insurance programs and other alternatives designed to eliminate the need for private mortgage insurance, such as piggy-back loans or risk sharing arrangements that do not include MI.

Ratios

vs
industry
vs
history
Forward P/E 8.75
NMIH's Forward P/E is ranked higher than
87% of the 55 Companies
in the Global Insurance - Property & Casualty industry.

( Industry Median: 13.09 vs. NMIH: 8.75 )
Ranked among companies with meaningful Forward P/E only.
N/A
P/B 1.22
NMIH's P/B is ranked higher than
54% of the 147 Companies
in the Global Insurance - Property & Casualty industry.

( Industry Median: 1.29 vs. NMIH: 1.22 )
Ranked among companies with meaningful P/B only.
NMIH' s P/B Range Over the Past 10 Years
Min: 0.66  Med: 1.13 Max: 1.64
Current: 1.22
0.66
1.64
P/S 4.97
NMIH's P/S is ranked lower than
94% of the 146 Companies
in the Global Insurance - Property & Casualty industry.

( Industry Median: 1.07 vs. NMIH: 4.97 )
Ranked among companies with meaningful P/S only.
NMIH' s P/S Range Over the Past 10 Years
Min: 3.69  Med: 16.33 Max: 103.15
Current: 4.97
3.69
103.15
PFCF 7.90
NMIH's PFCF is ranked higher than
71% of the 92 Companies
in the Global Insurance - Property & Casualty industry.

( Industry Median: 9.63 vs. NMIH: 7.90 )
Ranked among companies with meaningful PFCF only.
NMIH' s PFCF Range Over the Past 10 Years
Min: 5.2  Med: 7.82 Max: 55.16
Current: 7.9
5.2
55.16
POCF 6.85
NMIH's POCF is ranked higher than
72% of the 109 Companies
in the Global Insurance - Property & Casualty industry.

( Industry Median: 8.93 vs. NMIH: 6.85 )
Ranked among companies with meaningful POCF only.
NMIH' s POCF Range Over the Past 10 Years
Min: 4.5  Med: 6.78 Max: 33.63
Current: 6.85
4.5
33.63
EV-to-EBIT 51.09
NMIH's EV-to-EBIT is ranked lower than
96% of the 133 Companies
in the Global Insurance - Property & Casualty industry.

( Industry Median: 10.97 vs. NMIH: 51.09 )
Ranked among companies with meaningful EV-to-EBIT only.
NMIH' s EV-to-EBIT Range Over the Past 10 Years
Min: -134.5  Med: -9.7 Max: 52.8
Current: 51.09
-134.5
52.8
EV-to-EBITDA 33.84
NMIH's EV-to-EBITDA is ranked lower than
94% of the 134 Companies
in the Global Insurance - Property & Casualty industry.

( Industry Median: 9.88 vs. NMIH: 33.84 )
Ranked among companies with meaningful EV-to-EBITDA only.
NMIH' s EV-to-EBITDA Range Over the Past 10 Years
Min: -27.8  Med: -10.7 Max: 367.5
Current: 33.84
-27.8
367.5

Buy Back

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industry
vs
history

Valuation & Return

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industry
vs
history
Price/Tangible Book 1.23
NMIH's Price/Tangible Book is ranked higher than
59% of the 140 Companies
in the Global Insurance - Property & Casualty industry.

( Industry Median: 1.44 vs. NMIH: 1.23 )
Ranked among companies with meaningful Price/Tangible Book only.
NMIH' s Price/Tangible Book Range Over the Past 10 Years
Min: 0.73  Med: 1.13 Max: 1.61
Current: 1.23
0.73
1.61
Price/Median PS Value 0.30
NMIH's Price/Median PS Value is ranked higher than
97% of the 131 Companies
in the Global Insurance - Property & Casualty industry.

( Industry Median: 1.02 vs. NMIH: 0.30 )
Ranked among companies with meaningful Price/Median PS Value only.
NMIH' s Price/Median PS Value Range Over the Past 10 Years
Min: 0.23  Med: 0.97 Max: 6.03
Current: 0.3
0.23
6.03
Earnings Yield (Greenblatt) (%) 2.00
NMIH's Earnings Yield (Greenblatt) (%) is ranked lower than
88% of the 146 Companies
in the Global Insurance - Property & Casualty industry.

( Industry Median: 8.44 vs. NMIH: 2.00 )
Ranked among companies with meaningful Earnings Yield (Greenblatt) (%) only.
NMIH' s Earnings Yield (Greenblatt) (%) Range Over the Past 10 Years
Min: 1.9  Med: 2.1 Max: 2.2
Current: 2
1.9
2.2

More Statistics

Revenue (TTM) (Mil) $106.7
EPS (TTM) $ -0.02
Beta0.46
Short Percentage of Float1.81%
52-Week Range $4.19 - 9.10
Shares Outstanding (Mil)59.14

Analyst Estimate

Dec16 Dec17
Revenue (Mil $) 124 180
EPS ($) 0.18 1.00
EPS w/o NRI ($) 0.18 1.00
EPS Growth Rate
(3Y to 5Y Estimate)
N/A
Dividends Per Share ($)
» More Articles for NAS:NMIH

Headlines

Articles On GuruFocus.com
Troubled Kyle Bass Reduces Stake in NMI Holdings Oct 14 2016 
Kyle Bass Adds to His Stake in NMI Holdings, Inc. Aug 10 2015 
Weekly CFO Buys Highlight: NMI Holdings Inc., LKQ Corp., Tronox Ltd. Aug 10 2015 
Energy Acquisitions Fill Kyle Bass' 10 Most Valuable Stakes List in First Quarter Jun 08 2015 
Howard Marks Keeps Buying Stock Dropping to Two-Year Low Mar 07 2015 

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NMI Holdings posts 3Q profit Nov 01 2016
NMI Holdings, Inc. Reports Record Third Quarter Net Income of $6.2 Million Nov 01 2016
NMI HOLDINGS, INC. Files SEC form 8-K, Results of Operations and Financial Condition, Financial... Nov 01 2016
NMI Holdings, Inc. Reports Record Third Quarter Net Income of $6.2 Million Nov 01 2016

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