COMP <GO>
NMIH vs MS // FORWARD P/E MULTIPLE
NMI Holdings Inc. (NASDAQ) VS. Morgan Stanley (NYSE) • 15-METRIC TALLY: NMIH 7
— MS 2
▲ FORWARD P/E MULTIPLE LEADER: NMIH
LAST: $42.67 (-1.18%) • MKT CAP: $3.25B
forward-pe
7.8x
LAST: $184.30 (-3.00%) • MKT CAP: $298.41B
forward-pe
16.5x
15-METRIC INSTITUTIONAL SIDE-BY-SIDE SCORECARD (NMIH VS. MS)
EMERALD CELL = QUANTITATIVE EDGE
| INSTITUTIONAL METRIC | NMIH | MS | SPREAD (A - B) | ADVANTAGE | DEDICATED URL |
|---|---|---|---|---|---|
| Gross Profit Margin | — | — | — | TIE | /gross-margins <GO> |
| Return on Invested Capital (ROIC) | 15.00% | 3.00% | +12.00 | NMIH | /roic <GO> |
| EV/EBITDA & P/E Valuation | — | 31.0x | — | TIE | /valuation <GO> |
| Free Cash Flow Yield | 12.70% | -7.25% | +19.95 | NMIH | /fcf-yield <GO> |
| Operating Margin | — | 24.60% | — | TIE | /operating-margins <GO> |
| Net Profit Margin | 55.10% | 20.20% | +34.90 | NMIH | /net-margins <GO> |
| Revenue Growth (YoY) | 8.50% | 5.50% | +3.00 | NMIH | /revenue-growth <GO> |
| Dividend Yield & FCF Payout Safety | 0.00% | 2.21% | -2.21 | MS | /dividend-safety <GO> |
| Altman Z-Score & Debt/Equity | — | — | — | TIE | /balance-sheet <GO> |
| Piotroski F-Score Quality | 6/9 | 5/9 | +1.00 | NMIH | /piotroski-score <GO> |
| Options Implied Move & Put/Call Skew | — | — | — | TIE | /options-implied-move <GO> |
| RSI-14 & 200D SMA Momentum | 59.9 | 51.0 | +8.90 | NMIH | /rsi-technicals <GO> |
| 10Y Yield & FRED Macro Beta | — | 1.04 | — | TIE | /macro-sensitivity <GO> |
| Forward P/E Multiple ACTIVE | 7.8x | 16.5x | -8.70 | NMIH | /forward-pe <GO> |
| Enterprise Scale & Market Cap | $3.25B | $298.41B | -$295.16B | MS | /market-cap <GO> |
5-YEAR HISTORICAL XBRL REVENUE & MARGIN TRAJECTORY SEC FORM 10-K FY
| FISCAL YEAR | NMIH REV | MS REV | NMIH GROSS % | MS GROSS % | NMIH FCF | MS FCF |
|---|---|---|---|---|---|---|
| FY 2025 | $706.4M | $0 | — | — | $412.5M | -$17.89B |
| FY 2024 | $651.0M | $0 | — | — | $386.7M | $1.36B |
| FY 2023 | $579.0M | $0 | — | — | $342.7M | -$33.54B |
FRED MACRO REGIME CORRELATION COMPARISON PEARSON r
NMIH // BETA —
MS // BETA 1.04