MTG - NYSE
MGIC Investment Corporation
$24.86
+0.18%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.
At a Glance
Live SnapshotMGIC Investment Corporation Fair Value Envelope
Owner Earnings Valuation Tool
Warren Buffett's Owner Earnings DCF analysis for intrinsic value calculation
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DCF Valuation Summary
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Owner Earnings Projections
Operating Cash Flow - Maintenance CapEx = Owner Earnings
| Metric | Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Year 6 | Year 7 | Year 8 | Year 9 | Year 10 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $1.0B | $1.2B | $1.4B | $1.6B | $1.9B | $2.3B | $2.7B | $3.1B | $3.7B | $4.3B |
| Maintenance CapEx | -$241.2K | -$283.9K | -$334.0K | -$393.0K | -$462.5K | -$544.2K | -$640.4K | -$753.6K | -$886.7K | -$1.0M |
| Owner Earnings | $1.0B | $1.2B | $1.4B | $1.6B | $1.9B | $2.3B | $2.7B | $3.1B | $3.7B | $4.3B |
| Discount Factor | 0.926 | 0.857 | 0.794 | 0.735 | 0.681 | 0.630 | 0.583 | 0.540 | 0.500 | 0.463 |
| Present Value | $928.9M | $1.0B | $1.1B | $1.2B | $1.3B | $1.4B | $1.6B | $1.7B | $1.8B | $2.0B |
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