NMI Holdings Inc (NMIH): Price and Financial Metrics

NMIH POWR Grades

• Momentum is the dimension where NMIH ranks best; there it ranks ahead of 78.33% of US stocks.
• The strongest trend for NMIH is in Momentum, which has been heading up over the past 179 days.
• NMIH ranks lowest in Value; there it ranks in the 52nd percentile.

NMIH Stock Summary

• NMIH's current price/earnings ratio is 8.07, which is higher than only 17.02% of US stocks with positive earnings.
• The price/operating cash flow metric for NMI Holdings Inc is higher than only 20.2% of stocks in our set with a positive cash flow.
• Of note is the ratio of NMI Holdings Inc's sales and general administrative expense to its total operating expenses; 81.93% of US stocks have a lower such ratio.
• Stocks with similar financial metrics, market capitalization, and price volatility to NMI Holdings Inc are DCO, SAIC, ARCE, CDK, and ALTO.
• Visit NMIH's SEC page to see the company's official filings. To visit the company's web site, go to www.nationalmi.com.

NMIH Valuation Summary

• NMIH's price/sales ratio is 4.2; this is 31.25% higher than that of the median Financial Services stock.
• Over the past 95 months, NMIH's EV/EBIT ratio has gone up 21.7.
• Over the past 95 months, NMIH's price/earnings ratio has gone up 24.5.

Below are key valuation metrics over time for NMIH.

NMIH Growth Metrics

Its year over year revenue growth rate is now at 8.76%.
• Its 4 year net cashflow from operations growth rate is now at 357.83%.
• Its 2 year net income to common stockholders growth rate is now at 407.1%.

NMIH's revenue has moved up $188,493,000 over the prior 34 months.

The table below shows NMIH'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	485.072	325.719	231.13
2021-09-30	469.903	319.002	218.874
2021-06-30	453.645	307.787	196.86
2021-03-31	440.828	290.21	166.186
2020-12-31	433.283	252.598	171.566
2020-09-30	428.277	283.56	173.493

NMIH'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.

• NMIH has a Quality Grade of C, ranking ahead of 54.37% of graded US stocks.
• NMIH's asset turnover comes in at 0.207 -- ranking 79th of 133 Insurance stocks.
• PFG, ICCH, and RDN are the stocks whose asset turnover ratios are most correlated with NMIH.

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