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NMI Holdings (NMI Holdings) EV-to-EBITDA : 6.10 (As of Apr. 25, 2024)


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What is NMI Holdings EV-to-EBITDA?

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, NMI Holdings's enterprise value is $2,782.5 Mil. NMI Holdings's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 was $456.5 Mil. Therefore, NMI Holdings's EV-to-EBITDA for today is 6.10.

The historical rank and industry rank for NMI Holdings's EV-to-EBITDA or its related term are showing as below:

NMIH' s EV-to-EBITDA Range Over the Past 10 Years
Min: -58.38   Med: 7.69   Max: 75.28
Current: 6.09

During the past 13 years, the highest EV-to-EBITDA of NMI Holdings was 75.28. The lowest was -58.38. And the median was 7.69.

NMIH's EV-to-EBITDA is ranked better than
58.15% of 325 companies
in the Insurance industry
Industry Median: 7.53 vs NMIH: 6.09

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.

As of today (2024-04-25), NMI Holdings's stock price is $30.71. NMI Holdings's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2023 was $3.840. Therefore, NMI Holdings's PE Ratio for today is 8.00.

The "classic" EV-to-EBITDA is much better in capturing debt and net cash than the PE Ratio.


NMI Holdings EV-to-EBITDA Historical Data

The historical data trend for NMI Holdings's EV-to-EBITDA 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.

* Premium members only.

NMI Holdings EV-to-EBITDA Chart

NMI Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EV-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.98 8.72 6.46 4.98 5.92

NMI Holdings Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
EV-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.98 5.05 5.60 5.46 5.92

Competitive Comparison of NMI Holdings's EV-to-EBITDA

For the Insurance - Specialty subindustry, NMI Holdings's EV-to-EBITDA, along with its competitors' market caps and EV-to-EBITDA 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.


NMI Holdings's EV-to-EBITDA Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, NMI Holdings's EV-to-EBITDA distribution charts can be found below:

* The bar in red indicates where NMI Holdings's EV-to-EBITDA falls into.



NMI Holdings EV-to-EBITDA Calculation

NMI Holdings's EV-to-EBITDA for today is calculated as:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=2782.532/456.456
=6.10

NMI Holdings's current Enterprise Value is $2,782.5 Mil.
NMI Holdings's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $456.5 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.


NMI Holdings  (NAS:NMIH) EV-to-EBITDA Explanation

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.

NMI Holdings's PE Ratio for today is calculated as:

PE Ratio=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=30.71/3.840
=8.00

NMI Holdings's share price for today is $30.71.
NMI Holdings's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $3.840.

* 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.

Study has found that the companies with the lowest EV-to-EBITDA outperforms companies measured as cheap by other ratios such as PE Ratio.

Please read Which price ratio outperforms the enterprise multiple?


NMI Holdings EV-to-EBITDA Related Terms

Thank you for viewing the detailed overview of NMI Holdings's EV-to-EBITDA provided by GuruFocus.com. Please click on the following links to see related term pages.


NMI Holdings (NMI Holdings) Business Description

Traded in Other Exchanges
N/A
Address
2100 Powell Street, Emeryville, CA, USA, 94608
NMI Holdings Inc through its subsidiaries provides private mortgage guaranty insurance. The company offers mortgage insurance, reinsurance on loans, and outsourced loan review services to mortgage loan originators. It serves national and regional mortgage banks, money center banks, credit unions, community banks, builder-owned mortgage lenders, Internet-sourced lenders, and other non-bank lenders.
Executives
Bradley M Shuster director, officer: President and CEO 2100 POWELL STREET, 12TH FLOOR, EMERYVILLE CA 94608
James G Jones director C/O NMI HOLDINGS, INC., 2100 POWELL STREET, 12TH FLOOR, EMERYVILLE CA 94608
Robert Owen Smith officer: EVP, Chief Risk Officer 2100 POWELL STREET, 12TH FLOOR, EMERYVILLE CA 94608
John C Erickson director 1515 WEST 190TH STREET, SUITE 275, GARDENA CA 90248
Michael Curry Montgomery director C/O NMI HOLDINGS, INC., 2100 POWELL ST., 12TH FLOOR, EMERYVILLE CA 94608
Mohammad Nawaz Yousaf officer: EVP, Operations & Info. Tech. 2100 POWELL ST., 12TH FLOOR, EMERYVILLE CA 94608
Nicholas Daniel Realmuto officer: VP, Controller 2100 POWELL ST., 12TH FLOOR, EMERYVILLE CA 94608
Patrick L Mathis officer: EVP, Chief Risk Officer C/O NMI HOLDINGS, INC., 2100 POWELL ST., 12TH FLOOR, EMERYVILLE CA 94608
Norman Peter Fitzgerald officer: EVP, Chief Sales Officer 2100 POWELL ST., 12TH FLOOR, EMERYVILLE CA 94608
Ravi Mallela officer: Chief Financial Officer C/O NMI HOLDINGS, INC. (NATIONAL MI), 2100 POWELL ST., 12TH FLOOR, EMERYVILLE CA 94608
Julie Norberg officer: Vice President, Controller 2100 POWELL STREET, 12TH FLOOR, EMERYVILLE CA 94608
William J Leatherberry officer: EVP, General Counsel 2100 POWELL STREET, 12TH FLOOR, EMERYVILLE CA 94608
Claudia J Merkle officer: EVP, Chief Insurance Officer C/O NMI HOLDINGS, INC., 2100 POWELL ST., 12TH FLOOR, EMERYVILLE CA 94608
Priya Cherian Huskins director 600 LA TERRAZA BOULEVARD, ESCONDIDO CA 92025
Adam Pollitzer officer: EVP, Chief Financial Officer 2100 POWELL STREET, 12TH FLOOR, EMERYVILLE CA 94608

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