On the stock market since 1988, it operates in the world of money and finance. Now — the numbers.
This is an established company with proven profits.
No real growth (4% a year). Red columns mark years that ended in a loss.
The stock trades below its recent peak — about 12% off the top. A pullback, not a collapse.
The net profit margin is 59% — still a thick cushion, though costs have been eating into it lately.
It pays out $0.46 per share each year — regular cash for whoever holds the stock.
The company’s market value is 40 times its annual profit. Even a small disappointment could hit the price hard.
On our five-subject report card, NMI sits behind the class. A low grade doesn’t mean “doomed” — it means “big claim, small proof.”
The takeaway: NMI is an established business that has proven its profits for years. The real debate isn’t the quality of the business — it’s whether the price paid for the stock is too high.