As of today (2024-04-23), MGIC Investment's share price is $20.35.
MGIC Investment's Free Cash Flow per Share for the trailing twelve months (TTM) ended in Dec. 2023 was $2.48. Hence, MGIC Investment's Price-to-Free-Cash-Flow Ratio for today is 8.22.
The historical rank and industry rank for MGIC Investment's Price-to-Free-Cash-Flow or its related term are showing as below:
MTG'
s Price-to-Free-Cash-Flow Range Over the Past 10 Years
Min: 2.95 Med: 8.34 Max: 85.96
Current: 8.22
During the past 13 years, MGIC Investment's highest Price-to-Free-Cash-Flow Ratio was 85.96. The lowest was 2.95. And the median was 8.34.
MTG's Price-to-Free-Cash-Flow is ranked better than 54.25% of 341
companies
in the Insurance industry
Industry Median: 8.7
vs MTG: 8.22
During the past 12 months, the average Free Cash Flow per Share Growth Rate of MGIC Investment was 19.20% per year.
During the past 3 years, the average Free Cash Flow per Share Growth Rate was 6.90% per year.
During the past 5 years, the average Free Cash Flow per Share Growth Rate was 11.10% per year.
During the past 13 years, MGIC Investment's highest 3-Year average Free Cash Flow per Share Growth Rate was 60.10% per year. The lowest was -23.10% per year. And the median was 14.45% per year.
MGIC Investment Price-to-Free-Cash-Flow Historical Data
The historical data trend for MGIC Investment's Price-to-Free-Cash-Flow 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 Price-to-Free-Cash-Flow, along with its competitors' market caps and Price-to-Free-Cash-Flow 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 Price-to-Free-Cash-Flow Distribution
For the Insurance industry and Financial Services sector, MGIC Investment's Price-to-Free-Cash-Flow distribution charts can be found below:
* The bar in red indicates where MGIC Investment's Price-to-Free-Cash-Flow falls into.
MGIC Investment's Share Price of today is $20.35.
MGIC Investment's Free Cash Flow per Share 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 $2.48.
* 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.
It can also be calculated from the numbers for the whole company:
Free Cash Flow is considered more important than earnings by value investors. The reason is because, in principle, only the net cash that can be taken from the business belongs to shareholders. This Free Cash Flow can be used to grow the business, reduce debt or return to shareholders in dividends or share buybacks.
In a DCF Calculation Free Cash Flow is used to determine the intrinsic value of companies.
Be Aware
In real business, Free Cash Flow can be affected by the change in accounts receivable, accounts payable, management's decision on expansion, etc. Therefore, investors should look at the Free Cash Flow over the longer term. Long-term average of Free Cash Flow is a more reliable indicator for real free cash flow.
MGIC Investment Price-to-Free-Cash-Flow Related Terms
Thank you for viewing the detailed overview of MGIC Investment's Price-to-Free-Cash-Flow provided by GuruFocus.com. Please click on the following links to see related term pages.
MGIC Investment (MGIC Investment) Business Description
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 accounts for close to majority of the company's total revenue. Investment income accounts for the remaining revenue. The company sells its insurance products in all 50 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.
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