MGIC Historical Financial Ratios
MTG Stock | USD 26.11 0.22 0.84% |
MGIC Investment is lately reporting on over 105 different financial statement accounts. To analyze all of these accounts together requires a lot of time and effort. However, using these accounts to derive some meaningful and actionable indicators such as Days Sales Outstanding of 0.86 will help investors to properly organize and evaluate MGIC Investment Corp financial condition quickly.
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About MGIC Financial Ratios Analysis
MGIC Investment CorpFinancial ratios are relationships based on a company's financial information. They can serve as useful tools to evaluate MGIC Investment investment potential. Financial ratio analysis can also be defined as the process of presenting financial ratios, which are mathematical indicators calculated by comparing key financial information appearing on MGIC financial statements. Financial ratios are useful tools that help investors analyze and compare relationships between different pieces of financial information across MGIC Investment history.
MGIC Investment Financial Ratios Chart
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Price To Sales Ratio
Price to Sales Ratio is figured by comparing MGIC Investment Corp stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on MGIC Investment sales, a figure that is much harder to manipulate than other MGIC Investment Corp multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company's stock price to its revenues, calculated by dividing the company's market cap by its total sales or revenue over a 12-month period.Dividend Yield
Dividend Yield is MGIC Investment Corp dividend as a percentage of MGIC Investment stock price. MGIC Investment Corp dividend yield is a measure of MGIC Investment stock productivity, which can be interpreted as interest rate earned on an MGIC Investment investment. A financial ratio that shows how much a company pays out in dividends each year relative to its stock price, calculated as annual dividends per share divided by price per share.Invested Capital
Invested capital represents the total cash investment that shareholders and debt holders have contributed to MGIC Investment Corp. There are two different methods for calculating MGIC Investment Corp invested capital: operating approach and financing approach. Understanding MGIC Investment invested capital allows investors to calculate measures of performance such as return on invested capital or return on capital employed.Operating Cash Flow Per Share
A measure of the cash generated from a company's normal business operations per share, indicating how much cash is generated from a company's business operations on a per-share basis.Free Cash Flow Per Share
The amount of cash a company generates after accounting for capital expenditures, divided by the number of outstanding shares. It represents the cash available for dividends, share buybacks, or debt repayment per share.Most ratios from MGIC Investment's fundamentals are interrelated and interconnected. However, analyzing fundamentals ratios one by one will only give a small insight into MGIC Investment Corp current financial condition. On the other hand, looking into the entire matrix of fundamentals ratios, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MGIC Investment Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. At this time, MGIC Investment's Book Value Per Share is most likely to increase significantly in the upcoming years. The MGIC Investment's current Free Cash Flow Yield is estimated to increase to 0.14, while Days Sales Outstanding is projected to decrease to 0.86.
2021 | 2022 | 2023 (projected) | Dividend Yield | 0.0195 | 0.0279 | 0.0225 | Price To Sales Ratio | 4.07 | 3.39 | 4.74 |
MGIC Investment fundamentals Correlations
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MGIC Investment Account Relationship Matchups
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MGIC Investment fundamentals Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Price To Sales Ratio | 3.5 | 4.12 | 3.56 | 4.07 | 3.39 | 4.74 | |
Ptb Ratio | 1.16 | 0.91 | 0.99 | 0.86 | 1.08 | 2.1 | |
Days Sales Outstanding | 6.51 | 28.93 | 20.6 | 0.27 | 0.9 | 0.86 | |
Book Value Per Share | 15.3 | 17.98 | 18.48 | 15.18 | 17.88 | 18.32 | |
Free Cash Flow Yield | 0.0764 | 0.13 | 0.12 | 0.17 | 0.14 | 0.16 | |
Operating Cash Flow Per Share | 1.73 | 2.15 | 2.08 | 2.13 | 2.51 | 2.5 | |
Stock Based Compensation To Revenue | 0.0156 | 0.0115 | 0.0144 | 0.0211 | 0.0274 | 0.0287 | |
Capex To Depreciation | 0.12 | 0.0573 | 0.0623 | 0.06 | 0.0567 | 0.0539 | |
Pb Ratio | 1.16 | 0.91 | 0.99 | 0.86 | 1.08 | 2.1 | |
Free Cash Flow Per Share | 1.71 | 2.14 | 2.07 | 2.11 | 2.51 | 2.5 | |
Inventory Turnover | 0.0316 | 0.0342 | (0.26) | (0.22) | (0.24) | (0.27) | |
Net Income Per Share | 1.91 | 1.31 | 1.9 | 2.83 | 2.51 | 2.64 | |
Days Of Inventory On Hand | (1.4K) | (1.6K) | (1.4K) | (1.6K) | (1.8K) | (1.7K) | |
Capex To Revenue | 0.004643 | 0.002761 | 0.003471 | 0.002775 | 0.001731 | 0.001644 | |
Cash Per Share | 16.72 | 20.44 | 20.56 | 18.76 | 21.46 | 22.54 | |
Pocfratio | 8.2 | 5.83 | 6.92 | 6.12 | 7.67 | 8.78 | |
Interest Coverage | 15.9 | 9.23 | 11.12 | 23.68 | 30.44 | 22.54 | |
Capex To Operating Cash Flow | 0.009246 | 0.004521 | 0.00591 | 0.005006 | 0.002804 | 0.002664 | |
Pfcf Ratio | 8.28 | 5.85 | 6.96 | 6.15 | 7.69 | 8.86 | |
Income Quality | 0.9 | 1.64 | 1.1 | 0.75 | 1.0 | 1.21 | |
Ev To Operating Cash Flow | 9.3 | 7.13 | 8.16 | 6.63 | 8.07 | 9.64 | |
Pe Ratio | 7.42 | 9.56 | 7.59 | 4.59 | 7.67 | 7.56 | |
Return On Tangible Assets | 0.11 | 1.08 | 0.53 | 0.69 | 0.14 | 0.096 | |
Ev To Free Cash Flow | 9.39 | 7.16 | 8.21 | 6.67 | 8.09 | 9.74 | |
Earnings Yield | 0.0696 | 0.17 | 0.13 | 0.1 | 0.22 | 0.14 | |
Intangibles To Total Assets | 0.9 | 0.88 | 0.87 | 0.003068 | 0.002232 | 0.00212 | |
Net Debt To E B I T D A | 1.12 | 0.71 | 1.41 | 0.92 | 0.29 | 0.27 | |
Current Ratio | 0.34 | 0.49 | 0.43 | 1.43 | 1.29 | 0.7 | |
Tangible Book Value Per Share | (0.6) | (1.17) | (0.68) | 15.12 | 17.83 | 16.64 | |
Receivables Turnover | 56.1 | 12.62 | 17.72 | 1.4K | 403.88 | 424.08 | |
Graham Number | 22.91 | 20.2 | 24.93 | 31.09 | 31.81 | 38.48 | |
Shareholders Equity Per Share | 12.21 | 13.82 | 14.54 | 15.18 | 17.88 | 17.94 | |
Capex Per Share | 0.016 | 0.00974 | 0.0123 | 0.0106 | 0.007049 | 0.006696 |
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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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MGIC Investment Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
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.