EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, NMI Holdings's Enterprise Value is $2,785.0 Mil.
NMI Holdings's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2023 was $333.3 Mil. Therefore, NMI Holdings's EV-to-FCF for today is 8.36.
The historical rank and industry rank for NMI Holdings's EV-to-FCF or its related term are showing as below:
NMIH'
s EV-to-FCF Range Over the Past 10 Years
Min: -41.15 Med: 8.24 Max: 37.11
Current: 8.36
During the past 13 years, the highest EV-to-FCF of NMI Holdings was 37.11. The lowest was -41.15. And the median was 8.24.
NMIH's EV-to-FCF is ranked worse than 50.7% of 359
companies
in the Insurance industry
Industry Median: 8.25
vs NMIH: 8.36
EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.
The historical data trend for NMI Holdings's EV-to-FCF can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Competitive Comparison of NMI Holdings's EV-to-FCF
For the Insurance - Specialty subindustry, NMI Holdings's EV-to-FCF, along with its competitors' market caps and EV-to-FCF data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
NMI Holdings's EV-to-FCF Distribution in the Insurance Industry
For the Insurance industry and Financial Services sector, NMI Holdings's EV-to-FCF distribution charts can be found below:
* The bar in red indicates where NMI Holdings's EV-to-FCF falls into.
NMI Holdings EV-to-FCF Calculation
NMI Holdings's EV-to-FCF for today is calculated as:
NMI Holdings's current Enterprise Value is $2,785.0 Mil.
NMI Holdings's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $333.3 Mil.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
NMI Holdings (NAS:NMIH) EV-to-FCF Explanation
EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.
NMI Holdings's PE Ratio for today is calculated as:
NMI Holdings's share price for today is $31.11.
NMI Holdings's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $3.840.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Free Cash Flow is an important financial metric because it represents the actual amount of cash at a company's disposal. Companies with a low EV-to-FCF ratio, combined with a strong balance sheet are generally considered as undervalued.
NMI Holdings EV-to-FCF Related Terms
Thank you for viewing the detailed overview of NMI Holdings's EV-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.
NMI Holdings Inc through its subsidiaries provides private mortgage guaranty insurance. The company offers mortgage insurance, reinsurance on loans, and outsourced loan review services to mortgage loan originators. It serves national and regional mortgage banks, money center banks, credit unions, community banks, builder-owned mortgage lenders, Internet-sourced lenders, and other non-bank lenders.
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