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MGIC InvestmentMTG +1.04%88 EV-to-OCF is 9.65 as of Aug. 15, 2026, which is 8% above its 10-year median of 8.93. GuruFocus rates MTG with a GF Score™ of 88/100 and a GF Value™ of $29.20 (Fairly Valued). The stock has 6 warning signs investors should review. Among 504 Insurance companies, MGIC Investment ranks worse than 62.7% on this metric.
EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, MGIC Investment's Enterprise Value is $6,831 Mil.
MGIC Investment's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2026 was $708 Mil. Therefore, MGIC Investment's EV-to-OCF for today is 9.65.
The historical rank and industry rank for MGIC Investment's EV-to-OCF or its related term are showing as below:
MTG'
s EV-to-OCF Range Over the Past 10 Years
Min: 3.63 Med: 8.93 Max: 29.47
Current: 9.65
During the past 13 years, the highest EV-to-OCF of MGIC Investment was 29.47. The lowest was 3.63. And the median was 8.93.
MTG's EV-to-OCF is ranked worse than 62.7% of 504
companies
in the Insurance industry
Industry Median: 6.465
vs MTG: 9.65
EV-to-OCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
EV-to-OCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
MGIC Investment's PE Ratio (TTM) for today is calculated as:
MGIC Investment's share price for today is $31.16.
MGIC Investment's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $3.200.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Cash Flow from Operations is an important financial metric because it represents the cash generated from operating activities at a company's disposal. Companies with a low EV-to-OCF ratio, combined with a strong balance sheet are generally considered as undervalued.
MGIC Investment EV-to-OCF Related Terms
MGIC Investment EV-to-OCF Historical Data
* Premium members only.
The historical data trend for MGIC Investment's EV-to-OCF can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Insurance - Specialty subindustry, MGIC Investment's EV-to-OCF, along with its competitors' market caps and EV-to-OCF data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
MGIC Investment EV-to-OCF vs Insurance Industry
For the Insurance industry and Financial Services sector, MGIC Investment's EV-to-OCF distribution charts can be found below:
* The bar in red indicates where MGIC Investment's EV-to-OCF falls into.
MGIC Investment's current Enterprise Value is $6,831 Mil.
MGIC Investment's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $708 Mil.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
MGIC Investment (MTG) has a EV-to-OCF of 9.65 as of Aug. 15, 2026. This is near median its historical median of 8.93. Over the past decade, MGIC Investment's EV-to-OCF has ranged from 3.63 to 29.47. According to the industry distribution chart, MGIC Investment ranks #316 out of 504 companies in the Insurance industry, placing it in the top 62.7%.
Is MGIC Investment's EV-to-OCF too high?
MGIC Investment's current EV-to-OCF of 9.65 is near median its 10-year median of 8.93. Over the past 10 years, this metric has ranged from a low of 3.63 to a high of 29.47. The Insurance industry median EV-to-OCF is 6.47. MGIC Investment's value of 9.65 is 49.3% above this industry median. Based on the distribution chart, MGIC Investment ranks #316 out of 504 companies in the Insurance industry, which is below the industry midpoint. Overall, MGIC Investment has a GF Score™ of 88/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does MGIC Investment's EV-to-OCF compare to ESNT and ACT?
According to the Insurance industry distribution chart, MGIC Investment ranks #316 out of 504 companies for EV-to-OCF. This places MGIC Investment in the lower half of its industry. The industry median EV-to-OCF is 6.47. MGIC Investment's value of 9.65 is 49.3% above this benchmark. Historically, MGIC Investment's own EV-to-OCF has ranged from 3.63 to 29.47 over the past decade. While the company's 10-year median is 8.93 vs. the industry median of 6.47, MGIC Investment has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-OCF for an Insurance company?
The median EV-to-OCF among Insurance companies is 6.47, based on 504 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-OCF significantly above this median, while those in the bottom quartile fall well below. However, EV-to-OCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. MGIC Investment's current EV-to-OCF of 9.65 is 49.3% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-OCF mean?
A high EV-to-OCF can signal that a stock is expensive relative to its fundamentals. For the Insurance industry, the median EV-to-OCF is 6.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MGIC Investment's current EV-to-OCF is 9.65, which is near median its own 10-year median of 8.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MGIC Investment stock overvalued right now?
Based on GuruFocus' analysis, MGIC Investment (MTG) is currently considered Fairly Valued. The stock's GF Value™ is $29.20, compared to a current price of $31.16 — trading 6.7% above its estimated fair value. The current EV-to-OCF is 9.65, which is near median its 10-year median of 8.93 and 49.3% above the Insurance industry median of 6.47. MGIC Investment's overall GF Score™ is 88/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-OCF calculated?
EV-to-OCF is calculated from a company's financial statements. For MGIC Investment (MTG), the current EV-to-OCF is 9.65 as of Aug. 15, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is MGIC Investment (MTG) Overvalued in 2026?
Based on GuruFocus' analysis, MGIC Investment stock appears to be overvalued.
The current stock price of $31.16 is trading 6.7% above its estimated GF Value™ of $29.20.
GuruFocus considers MGIC Investment to be Fairly Valued.
Key valuation signals for MTG:
EV-to-OCF: 9.65 (near median its 10-year median of 8.93)
GF Value™: $29.20 vs. price of $31.16 (6.7% above fair value)
Industry Position: 49.3% above the Insurance median (#316 of 504)
No single metric tells the full story. See the MTG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
MGIC Investment Corp provides private mortgage insurance, other mortgage credit risk management solutions, and ancillary services. The insurance premiums that these customers pay for the protection account for close to the majority of the company's total revenue. Investment income accounts for the remaining revenue. The company sells its insurance products in all states of the United States and in Puerto Rico. Its greatest exposure is in California, Florida, Texas, Pennsylvania, Ohio, Illinois, Virginia, North Carolina, Georgia, and New York.
88GF Score
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