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NMIH (NMI Holdings) EV-to-FCF : 8.68 (As of Dec. 13, 2024)


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What is NMI Holdings EV-to-FCF?

EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, NMI Holdings's Enterprise Value is $3,305.9 Mil. NMI Holdings's Free Cash Flow for the trailing twelve months (TTM) ended in Sep. 2024 was $380.9 Mil. Therefore, NMI Holdings's EV-to-FCF for today is 8.68.

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

NMIH' s EV-to-FCF Range Over the Past 10 Years
Min: -41.15   Med: 8.66   Max: 37.11
Current: 8.68

During the past 13 years, the highest EV-to-FCF of NMI Holdings was 37.11. The lowest was -41.15. And the median was 8.66.

NMIH's EV-to-FCF is ranked better than
52.91% of 378 companies
in the Insurance industry
Industry Median: 9.13 vs NMIH: 8.68

EV-to-FCF 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.

As of today (2024-12-13), NMI Holdings's stock price is $37.97. NMI Holdings's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Sep. 2024 was $4.370. Therefore, NMI Holdings's PE Ratio (TTM) for today is 8.69.


NMI Holdings EV-to-FCF Historical Data

The historical data trend for NMI Holdings's EV-to-FCF 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-FCF Chart

NMI Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EV-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.99 9.15 7.00 6.93 8.11

NMI Holdings Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
EV-to-FCF 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 7.30 8.11 8.08 8.26 9.32

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

For the Insurance - Specialty subindustry, NMI Holdings's EV-to-FCF, along with its competitors' market caps and EV-to-FCF 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-FCF Distribution in the Insurance Industry

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

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



NMI Holdings EV-to-FCF Calculation

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

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=3305.888/380.919
=8.68

NMI Holdings's current Enterprise Value is $3,305.9 Mil.
NMI Holdings's Free Cash Flow for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $380.9 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-FCF Explanation

EV-to-FCF 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.

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

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=37.97/4.370
=8.69

NMI Holdings's share price for today is $37.97.
NMI Holdings's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $4.370.

* 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. Free Cash Flow is an important financial metric because it represents the actual amount of cash at a company's disposal. Companies with a low EV-to-FCF ratio, combined with a strong balance sheet are generally considered as undervalued.


NMI Holdings EV-to-FCF Related Terms

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


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. It protects lenders and investors from default-related losses on a portion of the unpaid principal balance of a covered mortgage.
Executives
Nicholas Daniel Realmuto officer: VP, Controller 2100 POWELL ST., 12TH FLOOR, EMERYVILLE CA 94608
William J Leatherberry officer: EVP, General Counsel 2100 POWELL STREET, 12TH FLOOR, EMERYVILLE CA 94608
Michael J Embler director C/O NMI HOLDINGS, INC., 2100 POWELL STREET, EMERYVILLE CA 94608
Robert Owen Smith officer: EVP, Chief Risk Officer 2100 POWELL STREET, 12TH FLOOR, EMERYVILLE CA 94608
Mohammad Nawaz Yousaf officer: EVP, Operations & Info. Tech. 2100 POWELL ST., 12TH FLOOR, EMERYVILLE CA 94608
Norman Peter Fitzgerald officer: EVP, Chief Sales Officer 2100 POWELL ST., 12TH FLOOR, EMERYVILLE CA 94608
James G Jones director C/O NMI HOLDINGS, INC., 2100 POWELL STREET, 12TH FLOOR, EMERYVILLE CA 94608
Bradley M Shuster director, officer: President and CEO 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
Patrick L Mathis officer: EVP, Chief Risk Officer C/O NMI HOLDINGS, INC., 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
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