NMI Inc. (NMIH)
NMI Statistics
Share Statistics
NMI has 78.24M shares outstanding. The number of shares has increased by -2.27% in one year.
| Shares Outstanding | 78.24M |
| Shares Change (YoY) | -2.27% |
| Shares Change (QoQ) | -0.86% |
| Owned by Institutions (%) | 93.87% |
| Shares Floating | 76.55M |
| Failed to Deliver (FTD) Shares | 201 |
| FTD / Avg. Volume | 0.03% |
Short Selling Information
The latest short interest is 1.72M, so 2.2% of the outstanding shares have been sold short.
| Short Interest | 1.72M |
| Short % of Shares Out | 2.2% |
| Short % of Float | 2.78% |
| Short Ratio (days to cover) | 3.22 |
Valuation Ratios
The PE ratio is 8.15 and the forward PE ratio is 6.68. NMI's PEG ratio is 0.53.
| PE Ratio | 8.15 |
| Forward PE | 6.68 |
| PS Ratio | 4.51 |
| Forward PS | 3.9 |
| PB Ratio | 1.32 |
| P/FCF Ratio | 7.46 |
| PEG Ratio | 0.53 |
Enterprise Valuation
NMI has an Enterprise Value (EV) of 3.3B.
| EV / Sales | 5.06 |
| EV / EBITDA | 6.43 |
| EV / EBIT | 8.37 |
| EV / FCF | 8.37 |
Financial Position
The company has a current ratio of 3.48, with a Debt / Equity ratio of 0.19.
| Current Ratio | 3.48 |
| Quick Ratio | 3.48 |
| Debt / Equity | 0.19 |
| Debt / EBITDA | 0.81 |
| Debt / FCF | 1.05 |
| Interest Coverage | 12.56 |
Financial Efficiency
Return on Equity is 16.24% and Return on Invested Capital is 10.8%.
| Return on Equity | 16.24% |
| Return on Assets | 10.75% |
| Return on Invested Capital | 10.8% |
| Revenue Per Employee | $2.83M |
| Profits Per Employee | $1.57M |
| Employee Count | 230 |
| Asset Turnover | 0.19 |
| Inventory Turnover | n/a |
Taxes
| Income Tax | 103.31M |
| Effective Tax Rate | 22.29% |
Stock Price Statistics
The stock price has increased by 8.53% in the last 52 weeks. The beta is 0.62, so NMI's price volatility has been higher than the market average.
| Beta | 0.62 |
| 52-Week Price Change | 8.53% |
| 50-Day Moving Average | 35.24 |
| 200-Day Moving Average | 37.74 |
| Relative Strength Index (RSI) | 39.53 |
| Average Volume (20 Days) | 576.36K |
Income Statement
In the last 12 months, NMI had revenue of 650.97M and earned 360.11M in profits. Earnings per share was 4.51.
| Revenue | 650.97M |
| Gross Profit | 650.97M |
| Operating Income | 463.41M |
| Net Income | 360.11M |
| EBITDA | 512.24M |
| EBIT | 500.31M |
| Earnings Per Share (EPS) | 4.51 |
Balance Sheet
The company has 54.22M in cash and 415.15M in debt, giving a net cash position of -360.93M.
| Cash & Cash Equivalents | 54.22M |
| Total Debt | 415.15M |
| Net Cash | -360.93M |
| Retained Earnings | 1.58B |
| Total Assets | 3.35B |
| Working Capital | 38.62M |
Cash Flow
In the last 12 months, operating cash flow was 393.6M and capital expenditures 0, giving a free cash flow of 393.6M.
| Operating Cash Flow | 393.6M |
| Capital Expenditures | 0 |
| Free Cash Flow | 393.6M |
| FCF Per Share | 4.93 |
Margins
Gross margin is 100%, with operating and profit margins of 71.19% and 55.32%.
| Gross Margin | 100% |
| Operating Margin | 71.19% |
| Pretax Margin | 71.19% |
| Profit Margin | 55.32% |
| EBITDA Margin | 78.69% |
| EBIT Margin | 71.19% |
| FCF Margin | 60.46% |
Dividends & Yields
NMIH does not appear to pay any dividends at this time.
| Dividend Per Share | n/a |
| Dividend Yield | n/a |
| Dividend Growth (YoY) | n/a |
| Payout Ratio | n/a |
| Earnings Yield | 12.27% |
| FCF Yield | 13.41% |
Analyst Forecast
The average price target for NMIH is $41, which is 23.9% higher than the current price. The consensus rating is "Buy".
| Price Target | $41 |
| Price Target Difference | 23.9% |
| Analyst Consensus | Buy |
| Analyst Count | 7 |
Scores
| Altman Z-Score | 2.76 |
| Piotroski F-Score | 5 |