NM

NMI Holdings IncNASDAQ NMIH Stock Report

Last reporting period 30 Jun, 2024

Updated 06 Nov, 2024

Last price

Market cap $B

3.267

Middle

Exchange

XNAS - Nasdaq

View Section: Eyestock Rating

NMI Fair Value

NM

The fair market value of NMIH stock is 32.74 USD. Relative to the market price of 39.005 USD NMI is overvalued by 16.1%

Eyestock's quantitative valuation approach is based on the method of estimating historical multipliers. To determine whether a stock is undervalued, we compare its current price to our estimated of fair value. The more undervalued a stock is, the more investment is profitable.

Fair Relative Value

Overvalued 16.1%
32.74 USD
NMIH Fair Value
39.005 USD
Market price of NMIH

NMI Valuation

Current NMIH share ticker price is 39.005 USD.

The fair value level of 32.74 USD can be considered as an effective entry point for long-term investors to start investing in NMIH stock. For a more in-depth assessment, we provide a minimum value that can be used to increase a stock position and a maximum one that can be used to reduce it.

Price chart is not available

1y
3y
5y
All time
Market price

Current market price

Fair value

Current price is 16% higher its fair value

Min value

Current price is 34% higher its minimum value

Max value

Current price is 24% lower its maximum value

06.11.2024

Market price:

* Eyestock is not operated by a broker, a dealer, or a registered investment adviser. Under no circumstances does any information posted on eyestock.io represent a recommendation to buy or sell a security.

NMIH stock is overvalued

It means the current price may concern as a Risky Entry Point

NMI Holdings Inc Stock Valuation Calculator

How do we value a stock?

As fair value, we use the product of the median Price-to-earnings ratios at the end of each reporting period for the last 5 years and earnings per share for the last 12 months. By analogy with the fair value, we calculate the maximum and minimum ones using the corresponding P/E extremums.

1

Maximum P/E over 5 years

11.27

2

Median P/E over 5 years

7.62

3

Minimum P/E over 5 years

6.03

4

Earning per share (last 12 months)

4.3 USD

Maximum value

1

x

4

=

48.42 USD

Fair value

2

x

4

=

32.74 USD

Minimum value

3

x

4

=

25.9 USD

NMI Holdings Inc price metrics

4.57

Annual return (geometric mean)

45.89

Risk (standard deviation) of returns

β

1.14

Beta (volatility compared to market)

It means that NMIH stock is more volatile than the broader market

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View Section: Profitability