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As of today (2024-03-28), NMI Holdings's share price is $32.30. NMI Holdings's Free Cash Flow per Share for the trailing twelve months (TTM) ended in Dec. 2023 was $3.97. Hence, NMI Holdings's Price-to-Free-Cash-Flow Ratio for today is 8.15.
The historical rank and industry rank for NMI Holdings's Price-to-Free-Cash-Flow or its related term are showing as below:
During the past 13 years, NMI Holdings's highest Price-to-Free-Cash-Flow Ratio was 51.96. The lowest was 3.13. And the median was 7.67.
NMI Holdings's Free Cash Flow per Share for the three months ended in Dec. 2023 was $0.35. Its Free Cash Flow per Share for the trailing twelve months (TTM) ended in was $3.97.
During the past 12 months, the average Free Cash Flow per Share Growth Rate of NMI Holdings was 12.90% per year. During the past 3 years, the average Free Cash Flow per Share Growth Rate was 9.40% per year. During the past 5 years, the average Free Cash Flow per Share Growth Rate was 12.60% per year.
During the past 13 years, NMI Holdings's highest 3-Year average Free Cash Flow per Share Growth Rate was 50.10% per year. The lowest was 7.40% per year. And the median was 31.45% per year.
The historical data trend for NMI Holdings's Price-to-Free-Cash-Flow 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.
For the Insurance - Specialty subindustry, NMI Holdings's Price-to-Free-Cash-Flow, along with its competitors' market caps and Price-to-Free-Cash-Flow 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.
For the Insurance industry and Financial Services sector, NMI Holdings's Price-to-Free-Cash-Flow distribution charts can be found below:
* The bar in red indicates where NMI Holdings's Price-to-Free-Cash-Flow falls into.
NMI Holdings's Price-to-Free-Cash-Flow ratio for today is calculated as
Price-to-Free-Cash-Flow Ratio | = | Share Price | / | Free Cash Flow per Share (TTM) |
= | 32.30 | / | 3.965 | |
= | 8.15 |
NMI Holdings's Share Price of today is $32.30.
NMI Holdings's Free Cash Flow per Share 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 $3.97.
* 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.
It can also be calculated from the numbers for the whole company:
Price-to-Free-Cash-Flow Ratio | = | Market Cap | / | Free Cash Flow |
NMI Holdings (NAS:NMIH) Price-to-Free-Cash-Flow Explanation
Free Cash Flow is considered more important than earnings by value investors. The reason is because, in principle, only the net cash that can be taken from the business belongs to shareholders. This Free Cash Flow can be used to grow the business, reduce debt or return to shareholders in dividends or share buybacks.
In a DCF Calculation Free Cash Flow is used to determine the intrinsic value of companies.
Be Aware
In real business, Free Cash Flow can be affected by the change in accounts receivable, accounts payable, management's decision on expansion, etc. Therefore, investors should look at the Free Cash Flow over the longer term. Long-term average of Free Cash Flow is a more reliable indicator for real free cash flow.
Thank you for viewing the detailed overview of NMI Holdings's Price-to-Free-Cash-Flow provided by GuruFocus.com. Please click on the following links to see related term pages.
Bradley M Shuster | director, officer: President and CEO | 2100 POWELL STREET, 12TH FLOOR, EMERYVILLE CA 94608 |
James G Jones | director | C/O NMI HOLDINGS, INC., 2100 POWELL STREET, 12TH FLOOR, EMERYVILLE CA 94608 |
Robert Owen Smith | officer: EVP, Chief Risk Officer | 2100 POWELL STREET, 12TH FLOOR, EMERYVILLE CA 94608 |
John C Erickson | director | 1515 WEST 190TH STREET, SUITE 275, GARDENA CA 90248 |
Michael Curry Montgomery | director | C/O NMI HOLDINGS, INC., 2100 POWELL ST., 12TH FLOOR, EMERYVILLE CA 94608 |
Mohammad Nawaz Yousaf | officer: EVP, Operations & Info. Tech. | 2100 POWELL ST., 12TH FLOOR, EMERYVILLE CA 94608 |
Nicholas Daniel Realmuto | officer: VP, Controller | 2100 POWELL ST., 12TH FLOOR, EMERYVILLE CA 94608 |
Patrick L Mathis | officer: EVP, Chief Risk Officer | C/O NMI HOLDINGS, INC., 2100 POWELL ST., 12TH FLOOR, EMERYVILLE CA 94608 |
Norman Peter Fitzgerald | officer: EVP, Chief Sales Officer | 2100 POWELL ST., 12TH FLOOR, EMERYVILLE CA 94608 |
Ravi Mallela | officer: Chief Financial Officer | C/O NMI HOLDINGS, INC. (NATIONAL MI), 2100 POWELL ST., 12TH FLOOR, EMERYVILLE CA 94608 |
Julie Norberg | officer: Vice President, Controller | 2100 POWELL STREET, 12TH FLOOR, EMERYVILLE CA 94608 |
William J Leatherberry | officer: EVP, General Counsel | 2100 POWELL STREET, 12TH FLOOR, EMERYVILLE CA 94608 |
Claudia J Merkle | officer: EVP, Chief Insurance Officer | C/O NMI HOLDINGS, INC., 2100 POWELL ST., 12TH FLOOR, EMERYVILLE CA 94608 |
Priya Cherian Huskins | director | 600 LA TERRAZA BOULEVARD, ESCONDIDO CA 92025 |
Adam Pollitzer | officer: EVP, Chief Financial Officer | 2100 POWELL STREET, 12TH FLOOR, EMERYVILLE CA 94608 |
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