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MGIC InvestmentFRA:MGC 89 Equity-to-Asset is 0.77 as of Jun. 2026, which is 13% above its 10-year median of 0.68. GuruFocus rates FRA:MGC with a GF Score™ of 89/100 and a GF Value™ of €25.70 (Fairly Valued). The stock has 6 warning signs investors should review. Among 503 Insurance companies, MGIC Investment ranks better than 96.62% on this metric.
Equity to Asset ratio is calculated as total stockholders equity divided by total asset. MGIC Investment's Total Stockholders Equity for the quarter that ended in Jun. 2026 was €4,352 Mil. MGIC Investment's Total Assets for the quarter that ended in Jun. 2026 was €5,665 Mil.
Therefore, MGIC Investment's Equity to Asset Ratio for the quarter that ended in Jun. 2026 was 0.77.
The historical rank and industry rank for MGIC Investment's Equity-to-Asset or its related term are showing as below:
FRA:MGC'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.44 Med: 0.68 Max: 0.79
Current: 0.77
During the past 13 years, the highest Equity to Asset Ratio of MGIC Investment was 0.79. The lowest was 0.44. And the median was 0.68.
FRA:MGC's Equity-to-Asset is ranked better than 96.62% of 503
companies
in the Insurance industry
Industry Median: 0.26
vs FRA:MGC: 0.77
Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.
For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.
MGIC Investment Equity-to-Asset Related Terms
MGIC Investment Equity-to-Asset Historical Data
* Premium members only.
The historical data trend for MGIC Investment's Equity-to-Asset 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.
FRA:MGC vs ESNT, ACT, RYAN: Equity-to-Asset Comparison
For the Insurance - Specialty subindustry, MGIC Investment's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset 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 Equity-to-Asset vs Insurance Industry
For the Insurance industry and Financial Services sector, MGIC Investment's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where MGIC Investment's Equity-to-Asset falls into.
Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.
Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.
MGIC Investment's Equity to Asset Ratio for the fiscal year that ended in Dec. 2025 is calculated as
* 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 (FRA:MGC) has a Equity-to-Asset of 0.77 as of Jun. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on MGIC Investment and its competitors. This is 13% above median its historical median of 0.68. Over the past decade, MGIC Investment's Equity-to-Asset has ranged from 0.44 to 0.79. According to the industry distribution chart, MGIC Investment ranks #17 out of 503 companies in the Insurance industry, placing it in the top 3.4%.
Is MGIC Investment's Equity-to-Asset too high?
MGIC Investment's current Equity-to-Asset of 0.77 is 13% above median its 10-year median of 0.68. Over the past 10 years, this metric has ranged from a low of 0.44 to a high of 0.79. The Insurance industry median Equity-to-Asset is 0.26. MGIC Investment's value of 0.77 is 196.2% above this industry median. Based on the distribution chart, MGIC Investment ranks #17 out of 503 companies in the Insurance industry, which is in the top quartile — a strong position relative to peers. Overall, MGIC Investment has a GF Score™ of 89/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does MGIC Investment's Equity-to-Asset compare to ESNT and ACT?
According to the Insurance industry distribution chart, MGIC Investment ranks #17 out of 503 companies for Equity-to-Asset. This places MGIC Investment in the top 3% of its industry — outperforming the majority of peers. The industry median Equity-to-Asset is 0.26. MGIC Investment's value of 0.77 is 196.2% above this benchmark. Historically, MGIC Investment's own Equity-to-Asset has ranged from 0.44 to 0.79 over the past decade. While the company's 10-year median is 0.68 vs. the industry median of 0.26, 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 Equity-to-Asset for an Insurance company?
The median Equity-to-Asset among Insurance companies is 0.26, based on 503 companies in the industry. Companies in the top quartile (top 25%) have a Equity-to-Asset significantly above this median, while those in the bottom quartile fall well below. However, Equity-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. MGIC Investment's current Equity-to-Asset of 0.77 is 196.2% 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 Equity-to-Asset mean?
A high Equity-to-Asset can signal that a stock is expensive relative to its fundamentals. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on MGIC Investment and its competitors. For the Insurance industry, the median Equity-to-Asset is 0.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MGIC Investment's current Equity-to-Asset is 0.77, which is 13% above median its own 10-year median of 0.68. 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 (FRA:MGC) is currently considered Fairly Valued. The stock's GF Value™ is €25.70, compared to a current price of €26.60 — trading 3.5% above its estimated fair value. The current Equity-to-Asset is 0.77, which is 13% above median its 10-year median of 0.68 and 196.2% above the Insurance industry median of 0.26. MGIC Investment's overall GF Score™ is 89/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Equity-to-Asset calculated?
Equity-to-Asset is calculated from a company's financial statements. For MGIC Investment (FRA:MGC), the current Equity-to-Asset is 0.77 as of Jun. 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 (FRA:MGC) Overvalued in 2026?
Based on GuruFocus' analysis, MGIC Investment stock appears to be overvalued.
The current stock price of €26.60 is trading 3.5% above its estimated GF Value™ of €25.70.
GuruFocus considers MGIC Investment to be Fairly Valued.
Key valuation signals for FRA:MGC:
Equity-to-Asset: 0.77 (13% above median its 10-year median of 0.68)
GF Value™: €25.70 vs. price of €26.60 (3.5% above fair value)
Industry Position: 196.2% above the Insurance median (#17 of 503)
No single metric tells the full story. See the FRA:MGC 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.
89GF Score
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