Discounted Cash Flow
NMI Holdings, Inc.
—
—
Average annual growth rates
| Metric | 10-Year | 5-Year | 3-Year |
|---|---|---|---|
| Sales | — | — | — |
| Free Cash Flow | — | — | — |
| Average (FCF & NI) | — | — | — |
| Net Income | — | — | — |
Endpoint CAGR (better for long term trend)
| Metric | 10-Year | 5-Year | 3-Year |
|---|---|---|---|
| Sales | — | — | — |
| Free Cash Flow | — | — | — |
| Average (FCF & NI) | — | — | — |
| Net Income | — | — | — |
Projected growth rate
—
—
%
%
Historical inputs (10 fiscal years)
| YEAR | Sales | Net Income | Free Cash Flow | Net Margin | EPS (diluted) |
|---|---|---|---|---|---|
| 2016 | $123.8m | $65.8m | $60.5m | 53.2% | $1.11 |
| 2017 | $182.7m (47.6%) | $22.1m (-66.5%) | $59.3m (-2.0%) | 12.1% (-77.3%) | $0.37 (-66.7%) |
| 2018 | $275.0m (50.5%) | $107.9m (389.5%) | $137.8m (132.6%) | 39.2% (225.2%) | $1.66 (348.6%) |
| 2019 | $378.8m (37.7%) | $172.0m (59.3%) | $198.2m (43.8%) | 45.4% (15.7%) | $2.54 (53.0%) |
| 2020 | $433.3m (14.4%) | $171.6m (-0.2%) | $240.4m (21.3%) | 39.6% (-12.8%) | $2.20 (-13.4%) |
| 2021 | $485.1m (12.0%) | $231.1m (34.7%) | $313.5m (30.4%) | 47.6% (20.3%) | $2.70 (22.7%) |
| 2022 | $523.3m (7.9%) | $292.9m (26.7%) | $302.8m (-3.4%) | 56.0% (17.5%) | $3.45 (27.8%) |
| 2023 | $579.0m (10.6%) | $322.1m (10.0%) | $333.3m (10.1%) | 55.6% (-0.6%) | $3.91 (13.3%) |
| 2024 | $651.0m (12.4%) | $360.1m (11.8%) | $386.7m (16.0%) | 55.3% (-0.6%) | $4.51 (15.3%) |
| 2025 | $706.4m (8.5%) | $388.9m (8.0%) | $412.5m (6.7%) | 55.1% (-0.5%) | $5.01 (11.1%) |
Base FCF: — (latest fiscal year)
Discount rate: % —
Terminal growth: —
Projection period: — years
Alt A decline yrs:
Alt B total yrs:
Projected cash flows
| Year | Projected cash flow | Discount Factor | Present Value |
|---|
PV of projected FCF: —
Terminal FCF: —
Terminal value: —
PV of terminal value: —
Enterprise value (DCF): —
Current price: —
—Alternative DCF Models
| Model | Fair Value | Upside | PV(FCFs) | PV(Terminal) | Total Years |
|---|---|---|---|---|---|
| Standard (10yr→TV) | — | — | — | — | 10 + TV |
| Alt A (Gradual Decline) | — | — | — | — | — |
| Alt B (30yr Hard Stop) | — | — | — | N/A | — |
This is a simplified DCF model for illustration. It uses reported free cash flow, a single growth assumption, fixed WACC, and a Gordon Growth terminal value. It is not investment advice.