Essent vs MGIC Investment
ESNT and MTG side by side, both in insurance carriers. Figures are trailing twelve months unless noted, from SEC filings and end-of-day prices.
How ESNT and MTG compare
Essent and MGIC Investment are about the same size, with market caps of $5.8B and $5.7B.
On earnings, MGIC Investment is cheaper: it trades at 8.6× trailing earnings, against 8.8× for Essent.
Essent grew revenue faster over the last twelve months (9.6% versus −2.2% for MGIC Investment).
MGIC Investment keeps more of each dollar of sales as profit, with a net margin of 58.1% compared with 49.1% at Essent.
Both pay dividends: Essent yields 1.6% and MGIC Investment 1.7%.
Essent scores higher on the StockData Score (10 against 9 for MGIC Investment), which adds up 30 checks on valuation, growth, past performance, financial health and dividends.
Key numbers
A dot marks the better figure where higher or lower is clearly better.
| Metric | ESNT | MTG |
|---|---|---|
| Size and price | ||
| Market cap | $5.8B | $5.7B |
| Share price | $64.58 | $27.77 |
| Change, 1 year | 5.0% | −2.5% |
| Change, 5 years | 42.4% | 85.4% |
| Beta (5Y) | 0.76 | 0.70 |
| Employees | 514 | – |
| StockData Score | ||
| Total score | 10 (better) | 9 |
| Valuation score | 3 | 3 |
| Growth score | 0 | 0 |
| Performance score | 3 | 3 |
| Health score | 0 | 0 |
| Dividend score | 4 (better) | 3 |
| Valuation | ||
| P/E | 8.8× | 8.6× (better) |
| P/S | 4.2× (better) | 4.8× |
| P/B | 1.0× (better) | 1.2× |
| EV/EBITDA | 6.6× | 6.0× (better) |
| P/FCF | 6.8× (better) | 8.0× |
| PEG | – | 2.15 |
| FCF yield | 14.7% (better) | 12.4% |
| Fair value | $76.31 | $31.42 |
| Margin of safety | 15.4% (better) | 11.6% |
| Growth | ||
| Revenue growth (TTM) | 9.6% (better) | −2.2% |
| Revenue growth, 5Y average | 5.7% (better) | 0.24% |
| Net income growth (TTM) | −3.3% (better) | −8.2% |
| EPS growth (TTM) | 6.6% (better) | 3.5% |
| EPS growth, 5Y average | 12.2% | 19.5% (better) |
| Profitability | ||
| Net margin | 49.1% | 58.1% (better) |
| FCF margin | 61.6% (better) | 59.5% |
| Return on equity | 12.0% | 13.8% (better) |
| Financial health | ||
| Altman Z-score | 2.97 | 3.13 (better) |
| Piotroski F-score | 5 | 6 (better) |
| Dividends and buybacks | ||
| Dividend yield | 1.6% | 1.7% (better) |
| Payout ratio | 18.4% | 19.5% |
| Years of dividend growth | 6 | – |
| Dividend growth, 5Y average | 14.1% | – |
| Buyback yield | 9.7% | 12.6% (better) |
| Shareholder yield | 11.3% | 14.3% (better) |
| Ownership | ||
| Held by institutions | 96.7% | 99.8% |
| Held by insiders | 3.7% | 1.3% |
| Insider net buying, 12 months | −$19.9M (better) | −$27.3M |
| Short interest, % of float | 4.0% | 6.2% |
Go deeper
- ESNT stock overview
- ESNT income statement
- ESNT valuation and score
- MTG stock overview
- MTG income statement
- MTG valuation and score
For information only, not investment advice. Check the source filings before relying on any figure.