MGIC Investment Corporation (MTG) fundamentals: P/E, valuation, undervalued?

MGIC Investment Corporation · Financials · ref. ETF XLF · price $31.08
Logo MGIC Investment CorporationSee the full MGIC Investment Corporation (MTG) profile
In short — MGIC Investment Corporation trades at 9.8× earnings (P/E), 9.1× forward, with a net margin of 59.2 % and revenue growth of -3 %. Read: Low P/E (P/E 10 (below the ~20 market average)).

Is MGIC Investment Corporation stock cheap or undervalued? A good time to buy? Here are its fundamentals — P/E, PEG, margin and income statement — to judge its valuation.

📈 1-year price
$31.08+12.3% over range
Aug 28, 25low $24.86 · high $31.29Aug 27, 26
📏 Click 2 points (left → right) to measure the change · click again to clear.
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0% recommend buying · 4 analysts
Valuation : Low P/E — P/E 10 (below the ~20 market average)

Valuation

9.8
P/E (price/earnings)
9.1
Forward P/E
1.58
PEG
1.3
Price/book (P/B)
$6.4B
Market cap
3.18
EPS

Profitability & growth

59.2 %
Net margin
-3 %
Revenue growth
+6 %
Earnings growth
$647M
Total debt

MGIC Investment Corporation income statement

Fiscal yearRevenueNet incomeMargin
2022$1.2B$865M73.8 %
2023$1.2B$713M61.7 %
2024$1.2B$763M63.2 %
2025$1.2B$738M60.8 %
⚠️ Indicative financial data (Yahoo Finance), not investment advice. Amounts in $.

Frequently asked questions

What is MGIC Investment Corporation's P/E and is the stock undervalued? What's a good P/E?

MGIC Investment Corporation's P/E is 9.8 (forward 9.1). Below ~15 = fairly cheap, above ~30 = expensive. Our valuation verdict: "Low P/E".

Is MGIC Investment Corporation profitable?

MGIC Investment Corporation has a net margin of 59.2 % (EPS 3.18). The company is profitable.

Is MTG stock expensive?

Our read: "Low P/E" — P/E 10 (below the ~20 market average). Cross-check with growth and sector.

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