NMI Holdings Inc (NMIH): Price and Financial Metrics

NMIH POWR Grades

• NMIH scores best on the Sentiment dimension, with a Sentiment rank ahead of 85.81% of US stocks.
• The strongest trend for NMIH is in Stability, which has been heading up over the past 178 days.
• NMIH's current lowest rank is in the Value metric (where it is better than 57.16% of US stocks).

NMIH Stock Summary

• NMIH's current price/earnings ratio is 6.32, which is higher than merely 15.72% of US stocks with positive earnings.
• Price to trailing twelve month operating cash flow for NMIH is currently 5.44, higher than only 24.51% of US stocks with positive operating cash flow.
• Of note is the ratio of NMI HOLDINGS INC's sales and general administrative expense to its total operating expenses; 84.1% of US stocks have a lower such ratio.
• Stocks that are quantitatively similar to NMIH, based on their financial statements, market capitalization, and price volatility, are HUT, ITP, COLL, IDCC, and BRMK.
• NMIH's SEC filings can be seen here. And to visit NMI HOLDINGS INC's official web site, go to www.nationalmi.com.

NMIH Valuation Summary

• In comparison to the median Financial Services stock, NMIH's price/earnings ratio is 45.69% lower, now standing at 6.3.
• NMIH's EV/EBIT ratio has moved up 19 over the prior 110 months.

Below are key valuation metrics over time for NMIH.

NMIH Growth Metrics

Its 2 year net income to common stockholders growth rate is now at 24.62%.
• The 3 year cash and equivalents growth rate now stands at 229.23%.
• Its 3 year price growth rate is now at -33.62%.

NMIH's revenue has moved up $136,539,000 over the prior 33 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
2022-09-30	515.31	325.941	280.486
2022-06-30	508.774	317.009	263.841
2022-03-31	497.319	320.565	245.919
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

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.