MGIC Investment Corporation (MTG): Price and Financial Metrics

MTG POWR Grades

• MTG scores best on the Momentum dimension, with a Momentum rank ahead of 78.33% of US stocks.
• The strongest trend for MTG is in Momentum, which has been heading up over the past 179 days.
• MTG ranks lowest in Growth; there it ranks in the 38th percentile.

MTG Stock Summary

• MTG's current price/earnings ratio is 7.09, which is higher than only 13.79% of US stocks with positive earnings.
• Of note is the ratio of Mgic Investment Corp's sales and general administrative expense to its total operating expenses; 85.61% of US stocks have a lower such ratio.
• Shareholder yield, a measure of how much is returned to shareholders via dividends and share repurchases, for MTG comes in at 10.74% -- higher than that of 85.02% of stocks in our set.
• Stocks that are quantitatively similar to MTG, based on their financial statements, market capitalization, and price volatility, are UONE, COOP, MHLD, RDN, and CPAC.
• MTG's SEC filings can be seen here. And to visit Mgic Investment Corp's official web site, go to mtg.mgic.com.

MTG Valuation Summary

• In comparison to the median Financial Services stock, MTG's price/earnings ratio is 20.91% lower, now standing at 8.7.
• Over the past 243 months, MTG's price/earnings ratio has gone down 4.5.
• MTG's price/earnings ratio has moved down 4.5 over the prior 243 months.

Below are key valuation metrics over time for MTG.

MTG Growth Metrics

Its 5 year revenue growth rate is now at 19.44%.
• The year over year revenue growth rate now stands at -3.17%.
• Its year over year cash and equivalents growth rate is now at -47.83%.

MTG's revenue has moved down $22,817,000 over the prior 15 months.

The table below shows MTG's growth in key financial areas (numbers in millions of US dollars).

Date	Revenue	Operating Cash Flow	Net Income to Common Stock
2021-12-31	1,185.675	696.317	634.983
2021-09-30	1,193.836	735.866	612.479
2021-06-30	1,194.094	661.606	585.313
2021-03-31	1,190.21	746.018	446.309
2020-12-31	1,199.146	732.309	446.093
2020-09-30	1,208.492	660.222	471.773

MTG's Quality Factors

The “Quality” component of the POWR Ratings focuses on 31 different factors of a companies fundamentals and operational strength. Here are some key insights as we drill into the specifics of these quality attributes.

• MTG has a Quality Grade of C, ranking ahead of 47.13% of graded US stocks.
• MTG's asset turnover comes in at 0.16 -- ranking 98th of 133 Insurance stocks.
• FNF, ESNT, and ITIC are the stocks whose asset turnover ratios are most correlated with MTG.

The table below shows MTG's key quality metrics over time.