NMI Holdings Inc
NASDAQ:NMIH

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NMI Holdings Inc
NASDAQ:NMIH
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Price: 36.54 USD -0.11% Market Closed
Market Cap: 2.9B USD
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Relative Value

The Relative Value of one NMIH stock under the Base Case scenario is 41.07 USD. Compared to the current market price of 36.54 USD, NMI Holdings Inc is Undervalued by 11%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

NMIH Relative Value
Base Case
41.07 USD
Undervaluation 11%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
17
vs Industry
31
Median 3Y
4
Median 5Y
4.2
Industry
3.1
Forward
4.9
vs History
38
vs Industry
48
Median 3Y
7.3
Median 5Y
7.8
Industry
15.3
Forward
7.9
vs History
33
vs Industry
33
Median 3Y
1.2
Median 5Y
1.3
Industry
1.3
vs History
14
vs Industry
21
Median 3Y
4.4
Median 5Y
4.6
Industry
3

Multiples Across Competitors

NMIH Competitors Multiples
NMI Holdings Inc Competitors

All Multiples
P/S
P/E
P/B
All Countries
Close
Market Cap P/S P/E P/B
US
NMI Holdings Inc
NASDAQ:NMIH
2.9B USD 4.6 8.1 1.3
US
Rocket Companies Inc
NYSE:RKT
23.6B USD 5.4 -1 557 36.1
US
UWM Holdings Corp
NYSE:UWMC
9.4B USD 3.8 -435.2 78.7
US
Mr Cooper Group Inc
NASDAQ:COOP
6.1B USD 3.1 11.9 1.3
US
MGIC Investment Corp
NYSE:MTG
6.1B USD 5.1 7.9 1.1
BM
Essent Group Ltd
NYSE:ESNT
5.7B USD 4.6 7.7 1
US
Enact Holdings Inc
NASDAQ:ACT
5.1B USD 4.3 7.5 1
US
PennyMac Financial Services Inc
NYSE:PFSI
5.2B USD 2.3 30.6 1.4
US
Radian Group Inc
NYSE:RDN
4.8B USD 3.7 8 1
US
New York Community Bancorp Inc
NYSE:NYCB
4.6B USD 1.4 -1.5 0.5
US
Axos Financial Inc
NYSE:AX
4.1B USD 3.3 8.5 1.7
P/E Multiple
Earnings Growth P/E to Growth
US
NMI Holdings Inc
NASDAQ:NMIH
Average P/E: 11.3
8.1
30%
0.3
US
Rocket Companies Inc
NYSE:RKT
Negative Multiple: -1 557 N/A N/A
US
UWM Holdings Corp
NYSE:UWMC
Negative Multiple: -435.2 N/A N/A
US
Mr Cooper Group Inc
NASDAQ:COOP
11.9
96%
0.1
US
MGIC Investment Corp
NYSE:MTG
7.9
5%
1.6
BM
Essent Group Ltd
NYSE:ESNT
7.7
12%
0.6
US
Enact Holdings Inc
NASDAQ:ACT
7.5
2%
4.3
US
PennyMac Financial Services Inc
NYSE:PFSI
30.6
471%
0.1
US
Radian Group Inc
NYSE:RDN
8
-6%
N/A
US
New York Community Bancorp Inc
NYSE:NYCB
Negative Multiple: -1.5 N/A N/A
US
Axos Financial Inc
NYSE:AX
8.5
N/A N/A

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