# NMI Holdings Inc. (NMIH) fundamentals

Data as of 2026-09-08. NASDAQ, United States. Sector: Financial Services / Insurance. Price $44.83, market value $3.4 billion.

## Valuation
- **P/E (trailing): 8.8×** (5-yr avg 7.7×, 3-yr avg 8.1×). NMI Holdings Inc. trades at 8.8× trailing earnings, close to its own five-year average of 7.7×. The Financial Services median in the September 2026 study was 13.1×. Forward P/E is 8.2×, lower than trailing, so analysts expect earnings to grow.
- **PEG: 0.74**. A PEG of 0.74 means the P/E is low relative to expected earnings growth: the market is not paying much for that growth.
- **Price / sales: 4.6×**. Each dollar of revenue is priced at 4.6×.
- **Price / book: 1.2×**. The shares trade at 1.2× book value; book value is a meaningful part of the valuation.
- **Free-cash-flow yield: 13.1%** (5-yr avg 14.5%). Free cash flow equals 13.1% of the market value, in line with its five-year average of 14.5%. Above 5% is generally attractive.
- **Earnings yield: 11.3%**. The inverse of the P/E: 11.3% of the price is earned each year.

## Profitability
- **Net margin: 55.1%**. 55.1% of each dollar of sales reaches the bottom line.
- **Return on equity: 15.0%**. 15.0% on shareholders' equity is solid.
- **Return on assets: 10.3%**. Each dollar of assets produces 10.3% of profit; low single digits are normal for banks and insurers.

## Growth
- **Revenue growth (1 yr): 8.5%** (3-yr 10.5%/yr, 5-yr 10.3%/yr). Revenue grew 8.5% over the last year, against 10.3% a year compounded over five years.
- **EPS growth (1 yr): 11.1%** (3-yr 13.2%/yr, 5-yr 18.2%/yr). Earnings per share rose 11.1%, roughly in step with revenue.
- **Free-cash-flow growth (3 yr): 10.9%/yr**. Free cash flow has compounded at 10.9% a year over three years, keeping pace with earnings: the growth is real cash.

## Financial health
- **Piotroski F-score: 5/9**. 5 of 9 checks pass: mixed.

## Dividends
- **Dividend: none**. NMI Holdings Inc. does not currently pay a dividend.

## Price and momentum
- **Total return (1 yr): 11.8%** (YTD 9.9%, 3-mo 22.7%). The shares are up 11.8% over twelve months including dividends.
- **From 52-week high: -4.1%** (28.7% above the low). Trading within 5% of its 52-week high.
- **200-day average: above**. The price sits above its 200-day moving average, the usual definition of an uptrend.
- **RSI (14-day): 54**. An RSI of 54 is neutral.
- **Beta (1 yr): 0.18** (volatility 24%). Beta of 0.18 against the S&P 500: the shares move much less than the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=NMIH · Page: https://foliofundamentals.com/stocks/nmih

Not investment advice.