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MGIC Investment Corporation
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Fundamentals
Gross margin | 95.54% |
Operating margin | 76.51% |
Pretax margin | 76.51% |
Net margin | 60.84% |
Effective tax rate | 20.48% |
ROA | 11.12% |
ROE | 14.33% |
D/E | 0.13x |
Interest coverage ratio | 26.91x |
MTG valuation
P/E | 8.10x |
P/S | 4.59x |
P/B | 1.13x |
P/CF | 6.81x |
P/FCF | 6.54x |
P/OCF | 6.81x |
PEG | 12.31x |
EV multiple | 5.46x |
About
MGIC Investment Corporation, through its subsidiaries, provides private mortgage insurance, other mortgage credit risk management solutions, and ancillary services to lenders and government sponsored entities in the United States, Puerto Rico, and Guam. The company offers primary mortgage insurance that provides mortgage default protection on individual loans, as well as covers unpaid loan principal, delinquent interest, and various expenses associated with the default and subsequent foreclosure. It also provides contract underwriting services, as well as reinsurance.
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