MGIC INV. CORP. DL 1
stock DE:MGC (FRANKFURT)

Alternative ID: US5528481030

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  • Exchange: FRANKFURT
  • Sector: Financial
  • Industry: Insurance—Specialty
  • Market Cap: Mid (4.23B)
  • Data in EUR
  • EPS: 1.07
  • Current PE: 141.26
  • BVPS: 13.40
  • Price/BVPS: 11.30
  • Dividend: 0.24 / 1.9%
  • Hist Grade: D (48.32)
  • YOY Grade: D (45.52)
  • Debt/FCF: 1.33
  • ROIC:
  • PEG: 13.26
  • PEGY: 11.29
  • Value Price: 16.62
  • MOS Price: 8.31
  • MOS %: -89.0%
  • Graham Number: 17.98
  • Graham MOS %: -88.1%
  • IRT: 21.57

Market Price

151.43 

1.98 1.3%

as of Jun 02 '23

52 Week Range:

10.90 151.65

Stock Analyzer Tutorials

S2O Stock Analyzer - General Info

General Info


type: video (mp4); length: 3:30

Demonstrates how to use Stock Analyzer, shows how to analyze a stock and explains in detail "General Info" section of the Stock Analyzer result page.

S2O Stock Analyzer - Financial Statements

Financial Statements


type: video (mp4); length: 5:10

Explains information presented in the Financial Statements section of the S2O Stock Analyzer: financial statements charts, absolute values and growth rates.

S2O Stock Analyzer - Growth Grade and Financial Ratios

Growth Grade and Financial Ratios


type: video (mp4); length: 5:09

Demonstrates how to use Growth Grade & Financial Ratios section; shows the difference between historical and year-over-year Growth Grade on the real life example.

S2O Stock Analyzer - Value Price

Value Price


type: video (mp4); length: 6:03

Demonstrates how to use Value Price (intrinsic value) and the Graham Number, MOS (margin of safety) and IRT - Investment Recovery Time; explains 3 different projection models used to compute value price - pessimistic, moderate and optimistic.

S2O Stock Analyzer - Price Charts

Price Charts


type: video (mp4); length: 8:34

Demonstrates basic rules of how to read a candlestick chart, long and short term moving averages, stochastic, MACD and relative strength (RS) charts. Explains how bull or bear market condition is computed.

General Info

  • Exchange: FRANKFURT
  • Sector: Financial
  • Industry: Insurance—Specialty
  • Market Cap: Mid (4.23B)
  • Inst. Ownership: 102.04%
  • Insider Ownership: 1.60%
  • Full Time Employees: 711
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. The company serves originators of residential mortgage loans, including savings institutions, commercial banks, mortgage brokers, credit unions, mortgage bankers, and other lenders. MGIC Investment Corporation was founded in 1957 and is headquartered in Milwaukee, Wisconsin.

Financial Statements

The charts below show selected Annual and Quarterly Financial Data.

The purpose of these charts is to discover long and short term change dynamics. When numbers are growing year after year in the annual statements chart, the business become stronger and stronger and this is a good sign.

Quarterly Data Chart can be used to do a short term analysis. It makes sense to pay attention to the quarterly dynamics and do not wait for the next yearly statement. We should be alerted if we see that quarterly numbers are going down.

You can check "Annual Financial Statements" and "Quarterly Financial Statements" sections for exact numbers and growth rates.

Annual Statements

On a charts below the Line shows absolute values and the Bar chart shows Year-Over-Year Growth Rate for selected financial statement item. A consistent GROWTH is generally considered necessary to fund future growth from within a business.
NOTE: Growth Rate is not provided if either the latest period or the year-ago period contains a net loss. (source: WSJ Digest of Earnings)
TIP! move your mouse pointer over bar or a circle on any chart below to see details.

Financial Statements

Income Statement


 

Cash Flow Statement


 

Balance Sheet


 

Liquidity Ratios

Current Ratio

 

Current Ratio measures the ability to meet short term obligations. Generally accepted standard is 2 (current assets should be 2 times or 200% of current liabilities).

Quick Ratio

 

Measures immediate liquidity or the cash available to cover immediate liabilities. A safe margin would be at least 1 (100%).

Financial Leverage

 

Defined as total assets divided by total shareholders' equity. The higher the ratio, the more debt a company uses in its capital structure.

Profitability Ratios

ROA

 

Return on Assets (ROA) measures the income (profit) that is generated by the use of the assets of the business.

ROE

 

Return on Equity (ROE) is a measure of profitability that calculates how many dollars of profit a company generates with each dollar of shareholders equity. ROE is sometimes called "return on net worth."

ROIC

 

The Return on Invested Capital (ROIC) measure gives a sense of how well a company is using its money to generate returns. Some investors use this figure as a final evaluation to determine whether or not to invest in a company.

Annual Statements

Item Name Dec '11 Dec '12 Dec '13 Dec '14 Dec '15 Dec '16 Dec '17 Dec '18 Dec '19 Dec '20 Dec '21
Equity (BVPS) 5.33
2.50
1.51
2.39
5.79
7.17
7.08
8.59
10.71
10.88
13.40
growth rate -53.1% -39.6% 58.3% 142.3% 23.8% -1.3% 21.3% 24.7% 1.6% 23.2%
Earnings BIT 325.21
557.13
657.92
841.60
897.14
900.63
645.59
910.05
growth rate 71.3% 18.1% 27.9% 6.6% 0.4% -28.3% 41.0%
Avg.PE 11.73
11.60
12.16
8.36
8.36
8.36
8.36
growth rate -1.1% 4.8% -31.3% 0.0% 0.0% 0.0%
ROA -5.87
-14.50
-0.89
4.64
21.03
5.90
6.27
11.86
11.32
6.57
8.65
growth rate 0.0% 0.0% 100.0% 353.2% -71.9% 6.3% 89.2% -4.6% -42.0% 31.7%
ROE -33.91
-133.03
-10.59
28.29
71.62
14.32
12.48
19.89
17.08
9.90
13.28
growth rate 0.0% 0.0% 100.0% 153.2% -80.0% -12.9% 59.4% -14.1% -42.0% 34.1%
Leverage 6.03
28.30
7.52
5.07
2.63
2.25
1.78
1.59
1.45
1.57
1.51
growth rate 369.3% -73.4% -32.6% -48.1% -14.5% -20.9% -10.7% -8.8% 8.3% -3.8%
Balance Sheet Dec '11 Dec '12 Dec '13 Dec '14 Dec '15 Dec '16 Dec '17 Dec '18 Dec '19 Dec '20 Dec '21
Acct.Receivable 148.94
48.47
52.39
54.05
55.09
55.59
56.04
56.54
growth rate -67.5% 8.1% 3.2% 1.9% 0.9% 0.8% 0.9%
Acct.Payable 369.60
252.80
208.20
137.50
growth rate -31.6% -17.6% -34.0%
Cur.Assets 506.44
317.62
307.33
252.30
294.41
297.51
498.43
516.58
growth rate -37.3% -3.2% -17.9% 16.7% 1.1% 67.5% 3.6%
Total Assets 5,266.43
5,868.34
5,734.53
5,619.50
5,677.80
6,229.57
7,354.53
7,325.01
growth rate 11.4% -2.3% -2.0% 1.0% 9.7% 18.1% -0.4%
Cash 197.88
181.12
155.41
99.85
151.89
161.85
287.95
284.69
growth rate -8.5% -14.2% -35.8% 52.1% 6.6% 77.9% -1.1%
Cur.Liabilities 265.33
279.97
329.74
392.93
409.99
380.30
287.10
242.46
growth rate 5.5% 17.8% 19.2% 4.3% -7.2% -24.5% -15.6%
Liabilities 4,229.53
3,632.20
3,185.69
2,464.97
2,095.91
1,920.34
2,655.54
2,463.63
growth rate -14.1% -12.3% -22.6% -15.0% -8.4% 38.3% -7.2%
LT Debt 1,234.52
1,211.82
1,178.74
830.43
831.59
832.74
1,243.19
1,146.71
growth rate -1.8% -2.7% -29.6% 0.1% 0.1% 49.3% -7.8%
Equity 1,036.90
2,236.14
2,548.84
3,154.53
3,581.89
4,309.23
4,698.99
4,861.38
growth rate 115.7% 14.0% 23.8% 13.6% 20.3% 9.0% 3.5%
Common Shares 201.00
202.00
312.00
414.00
468.00
432.00
395.00
371.35
371.35
371.35
371.35
growth rate 0.5% 54.5% 32.7% 13.0% -7.7% -8.6% -6.0% 0.0% 0.0% 0.0%
Cash Flow Statement Dec '11 Dec '12 Dec '13 Dec '14 Dec '15 Dec '16 Dec '17 Dec '18 Dec '19 Dec '20 Dec '21
Capital Expenditures 4.71
4.63
10.55
16.07
14.24
5.64
3.31
4.12
growth rate -1.6% 127.9% 52.3% -11.4% -60.4% -41.3% 24.3%
Cash Dividends 41.91
41.91
41.91
41.91
82.06
94.22
growth rate 0.0% 0.0% 0.0% 95.8% 14.8%
Cash From OA -405.28
161.40
224.76
406.66
544.52
609.53
732.31
696.32
growth rate 100.0% 39.3% 80.9% 33.9% 11.9% 20.1% -4.9%
FCF per Share -7.07
-6.14
-2.85
-1.29
0.13
0.09
0.63
1.17
1.45
1.48
1.81
growth rate 0.0% 0.0% 0.0% 100.0% -30.8% 600.0% 85.7% 23.9% 2.1% 22.3%
Sale Purchase of Stock -147.13
-147.13
-147.13
growth rate 0.0% 0.0%
FCF -1,884.00
-1,568.00
-972.00
-410.00
147.00
209.00
391.00
530.00
604.00
729.00
692.00
growth rate 0.0% 0.0% 0.0% 100.0% 42.2% 87.1% 35.6% 14.0% 20.7% -5.1%
Income Statement Dec '11 Dec '12 Dec '13 Dec '14 Dec '15 Dec '16 Dec '17 Dec '18 Dec '19 Dec '20 Dec '21
Sales 967.34
1,065.04
1,058.48
1,066.05
1,123.85
1,213.98
1,199.15
1,185.68
growth rate 10.1% -0.6% 0.7% 5.4% 8.0% -1.2% -1.1%
Op.Income 325.21
557.13
657.92
841.60
897.14
900.63
645.59
910.05
growth rate 71.3% 18.1% 27.9% 6.6% 0.4% -28.3% 41.0%
IBT 254.72
487.69
514.71
784.50
844.15
847.98
559.26
801.78
growth rate 91.5% 5.5% 52.4% 7.6% 0.5% -34.1% 43.4%
Net Income 251.95
1,172.00
342.52
355.76
670.10
673.76
446.09
634.98
growth rate 365.2% -70.8% 3.9% 88.4% 0.6% -33.8% 42.3%
EPS -2.42
-4.59
-0.16
0.64
2.60
0.86
0.95
1.78
1.85
1.29
1.85
growth rate 0.0% 0.0% 100.0% 306.3% -66.9% 10.5% 87.4% 3.9% -30.3% 43.4%
Gross Profit 325.21
557.13
657.92
856.50
918.04
919.53
659.39
927.15
growth rate 71.3% 18.1% 30.2% 7.2% 0.2% -28.3% 40.6%

Quarterly Statements

Item Name Jun '21 Sep '21 Dec '21 Mar '22 Jun '22
Earnings BIT 211.87
217.74
272.84
256.46
335.74
growth rate 2.8% 25.3% -6.0% 30.9%
Balance Sheet Jun '21 Sep '21 Dec '21 Mar '22 Jun '22
Acct.Receivable 60.14
56.39
56.54
57.34
57.55
growth rate -6.2% 0.3% 1.4% 0.4%
Acct.Payable 131.00
130.50
growth rate -0.4%
Cur.Assets 415.16
403.45
516.58
662.56
582.71
growth rate -2.8% 28.0% 28.3% -12.1%
Total Assets 7,575.73
7,511.31
7,325.01
6,844.80
6,599.61
growth rate -0.9% -2.5% -6.6% -3.6%
Cash 178.64
176.43
284.69
477.11
410.19
growth rate -1.2% 61.4% 67.6% -14.0%
Cur.Liabilities 395.55
391.02
242.46
270.82
217.77
growth rate -1.2% -38.0% 11.7% -19.6%
Liabilities 2,661.02
2,633.89
2,463.63
2,234.45
2,026.59
growth rate -1.0% -6.5% -9.3% -9.3%
LT Debt 1,244.26
1,244.79
1,146.71
935.28
917.91
growth rate 0.0% -7.9% -18.4% -1.9%
Equity 4,914.71
4,877.42
4,861.38
4,610.36
4,573.02
growth rate -0.8% -0.3% -5.2% -0.8%
Common Shares 371.35
371.35
371.35
371.35
371.35
growth rate 0.0% 0.0% 0.0% 0.0%
Cash Flow Statement Jun '21 Sep '21 Dec '21 Mar '22 Jun '22
Capital Expenditures 0.96
0.98
1.73
0.89
1.26
growth rate 2.0% 75.7% -48.6% 41.7%
Cash Dividends 20.36
27.09
25.94
26.11
24.73
growth rate 33.1% -4.2% 0.7% -5.3%
Cash From OA 151.39
162.99
183.91
228.01
133.67
growth rate 7.7% 12.8% 24.0% -41.4%
Sale Purchase of Stock
growth rate
FCF 150.43
162.01
182.18
227.12
132.41
growth rate 7.7% 12.5% 24.7% -41.7%
Income Statement Jun '21 Sep '21 Dec '21 Mar '22 Jun '22
Sales 297.85
295.75
294.12
294.62
293.12
growth rate -0.7% -0.6% 0.2% -0.5%
Op.Income 211.87
217.74
272.84
256.46
335.74
growth rate 2.8% 25.3% -6.0% 30.9%
IBT 193.87
199.73
218.56
219.44
315.89
growth rate 3.0% 9.4% 0.4% 44.0%
Net Income 153.05
157.98
173.93
175.01
249.27
growth rate 3.2% 10.1% 0.6% 42.4%
Gross Profit 211.87
217.74
289.94
256.46
335.74
growth rate 2.8% 33.2% -11.6% 30.9%

Growth Grade & Financial Ratios

All financial ratios below are calculated based on latest annual statements available and present the most up to date snapshot of a company finances.

Growth Grade

Historical Growth Grade:

D (48.32)

YOY Growth Grade:

D (45.52)

Click on buttons above for detailed yearly growth rates.

Market Ratios

  • Dividend Yield: 1.9%

  • Beta: 1.40

    Beta of 1.4005 suggests that the asset is more volatile than the rest of the market.

  • PE: 141.26

  • EY: 0.7%

  • PEG: 13.26

    PEG Ratio of 13.26 suggests that stock is overpriced.

  • PEGY: 11.29

    PEGY Ratio of 11.29 suggests that stock is overpriced.

  • Price/BVPS: 11.30

Profitability Ratios

  • ROE: 13.3%

    Return on Equity (ROE) of 13.3% suggests that management is inefficient or it could reflect a highly capitalized, conservatively operated business with little long term debt.

  • ROS: 76.8%

    The value of Return on Sales depends on the business and/or industry. Usually the higher ratio the better.

  • ROA: 11.0%

    Return on Assets (ROA). Low ratio usually means poor performance, or ineffective use of assets by management. High ratio usually means good performance.

  • ROI: 16.5%

    Return on Investment (ROI) of 16.5% suggests that a company is doing well.

  • ROIC:

Liquidity Ratios

  • Current Ratio: 2.13

    Current Ratio of 2.13 suggests that a company is doing well.

  • Quick Ratio: 1.41

    Quick Ratio of 1.41 suggests that a company is doing well.

  • Cash Turnover: 4.33

    Turnover Of Cash Ratio of 4.33 suggests that a company may have funds tied up in short-term low-yielding assets or may have a cash surplus, which is not invested in the business.

  • Equity Ratio: 66.4%

    Equity Ratio of 66.4% suggests that a large percent of the company's assets financed by shareholder equity, which is good.

  • Debt/Equity: 50.7%

    Debt to Equity Ratio of 50.7% suggests that a company is doing well.

  • Debt/FCF: 1.33

    Debt/FCF of 1.33 suggests that a company is doing well and can pay off its long term debt within three years.

Efficiency Ratios

  • Avg Collection Period: 17.41

    Average Collection Period of 17.41 days suggests that a company is doing well.

  • Inventory Turnover:

  • Cash Flow Ratio:

  • Profit Margin: 53.6%

Value Price

PE and EPS

Historical Current Forward
PE 12.13 141.26 6.70
EPS / Growth 21.2% 1.07 10.7%

Value Price & Investment Recovery Time

Read more about Stock2Own value price in Stock Market: Fundamental Analysis.

Equity Growth Rate: 12.0%

Estimates Pessimistic Moderate Optimistic My Numbers
Rate of Return 15.0%
MOS Price % 50 %
Future EPS Growth 10.7% 14.6% 14.6%
Future PE 6.70 16.02 16.02
Future EPS 2.95 4.20 4.20
Value Price
MOS %		 4.89
-96.8% 		16.62
-89.0% 		16.62
-89.0%
MOS Price 2.44 8.31 8.31
IRT 26.48 21.57 21.57

Graham Number:

NOTE: The Graham Number applies only to certain types of stocks in combination with a number of other criteria.

Read more about Graham Number in Stock Market: Fundamental Analysis.

  • Graham Number: 17.98
  • Graham MOS: -88.1%

Price Chart

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