Mgic Investment Corp Stock Fundamentals
| MTG Stock | USD 26.11 0.22 0.84% |
MGIC Investment Corp fundamentals help investors to digest information that contributes to MGIC Investment's financial success or failures. It also enables traders to predict the movement of MGIC Stock. The fundamental analysis module provides a way to measure MGIC Investment's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to MGIC Investment stock.
At this time, MGIC Investment's Total Revenue is most likely to increase significantly in the upcoming years. The MGIC Investment's current Gross Profit is estimated to increase to about 1.2 B, while Total Other Income Expense Net is projected to decrease to roughly 1.9 M. MGIC | Select Account or Indicator |
MGIC Investment Corp Company Return On Asset Analysis
MGIC Investment's Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
Current MGIC Investment Return On Asset | 0.096 |
Most of MGIC Investment's fundamental indicators, such as Return On Asset, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, MGIC Investment Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
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MGIC Total Assets
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Based on the latest financial disclosure, MGIC Investment Corp has a Return On Asset of 0.096. This is 120.43% lower than that of the Financial Services sector and significantly higher than that of the Financials industry. The return on asset for all United States stocks is 168.57% lower than that of the firm.
MGIC Investment Corp Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining MGIC Investment's current stock value. Our valuation model uses many indicators to compare MGIC Investment value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across MGIC Investment competition to find correlations between indicators driving MGIC Investment's intrinsic value. More Info.MGIC Investment Corp is regarded third in return on equity category among its peers. It is regarded second in return on asset category among its peers reporting about 0.64 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for MGIC Investment Corp is roughly 1.57 . At this time, MGIC Investment's Return On Equity is most likely to increase slightly in the upcoming years. Comparative valuation analysis is a catch-all technique that is used if you cannot value MGIC Investment by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.MGIC Return On Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses MGIC Investment's direct or indirect competition against its Return On Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of MGIC Investment could also be used in its relative valuation, which is a method of valuing MGIC Investment by comparing valuation metrics of similar companies.MGIC Investment is currently under evaluation in return on asset category among its peers.
MGIC Investment ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, MGIC Investment's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to MGIC Investment's managers, analysts, and investors.Environmental | Governance | Social |
MGIC Fundamentals
| Return On Equity | 0.15 | |||
| Return On Asset | 0.096 | |||
| Profit Margin | 0.64 % | |||
| Operating Margin | 0.86 % | |||
| Current Valuation | 6.97 B | |||
| Shares Outstanding | 253.36 M | |||
| Shares Owned By Insiders | 1.40 % | |||
| Shares Owned By Institutions | 97.72 % | |||
| Number Of Shares Shorted | 8.75 M | |||
| Price To Earning | 10.50 X | |||
| Price To Book | 1.25 X | |||
| Price To Sales | 5.56 X | |||
| Revenue | 1.16 B | |||
| Gross Profit | 1.2 B | |||
| EBITDA | 902.23 M | |||
| Net Income | 712.95 M | |||
| Cash And Equivalents | 327.38 M | |||
| Cash Per Share | 1.35 X | |||
| Total Debt | 643.2 M | |||
| Debt To Equity | 0.20 % | |||
| Current Ratio | 2.68 X | |||
| Book Value Per Share | 20.66 X | |||
| Cash Flow From Operations | 712.96 M | |||
| Short Ratio | 5.13 X | |||
| Earnings Per Share | 2.83 X | |||
| Price To Earnings To Growth | 1.54 X | |||
| Target Price | 26.21 | |||
| Number Of Employees | 627 | |||
| Beta | 1.27 | |||
| Market Capitalization | 6.62 B | |||
| Total Asset | 6.54 B | |||
| Retained Earnings | 4.59 B | |||
| Annual Yield | 0.02 % | |||
| Net Asset | 6.54 B | |||
| Last Dividend Paid | 0.48 |
About MGIC Investment Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze MGIC Investment Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of MGIC Investment using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of MGIC Investment Corp based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.| Last Reported | Projected for Next Year | ||
| Current Deferred Revenue | 193.2 M | 202.8 M | |
| Total Revenue | 1.2 B | 1.3 B | |
| Cost Of Revenue | 226 M | 214.7 M | |
| Stock Based Compensation To Revenue | 0.03 | 0.03 | |
| Sales General And Administrative To Revenue | 0.11 | 0.13 | |
| Revenue Per Share | 4.07 | 3.87 | |
| Ebit Per Revenue | 0.97 | 1.02 |
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When determining whether MGIC Investment Corp is a strong investment it is important to analyze MGIC Investment's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact MGIC Investment's future performance. For an informed investment choice regarding MGIC Stock, refer to the following important reports:Check out MGIC Investment Piotroski F Score and MGIC Investment Altman Z Score analysis. You can also try the Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.
Is Commercial & Residential Mortgage Finance space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of MGIC Investment. If investors know MGIC will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about MGIC Investment listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.201 | Dividend Share 0.475 | Earnings Share 2.83 | Revenue Per Share 4.449 | Quarterly Revenue Growth 0.034 |
The market value of MGIC Investment Corp is measured differently than its book value, which is the value of MGIC that is recorded on the company's balance sheet. Investors also form their own opinion of MGIC Investment's value that differs from its market value or its book value, called intrinsic value, which is MGIC Investment's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because MGIC Investment's market value can be influenced by many factors that don't directly affect MGIC Investment's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between MGIC Investment's value and its price as these two are different measures arrived at by different means. Investors typically determine if MGIC Investment is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MGIC Investment's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.