WallStSmart

AXIS Capital Holdings Ltd (AXS)vsNMI Holdings Inc (NMIH)

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Smart Verdict

WallStSmart Research — data-driven comparison

AXIS Capital Holdings Ltd generates 829% more annual revenue ($6.56B vs $706.44M). NMIH leads profitability with a 55.0% profit margin vs 15.4%. AXS appears more attractively valued with a PEG of 1.18. AXS earns a higher WallStSmart Score of 74/100 (B).

AXS

Strong Buy

74

out of 100

Grade: B

Growth: 6.7Profit: 7.0Value: 10.0Quality: 5.0
Piotroski: 5/9Altman Z: 0.62

NMIH

Strong Buy

71

out of 100

Grade: B

Growth: 6.7Profit: 9.0Value: 10.0Quality: 5.0
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Intrinsic Value Comparison

Multi-model valuation · Graham Formula

AXSUndervalued (+60.0%)

Margin of Safety

+60.0%

Fair Value

$253.92

Current Price

$101.04

$152.88 discount

UndervaluedFair: $253.92Overvalued
NMIHUndervalued (+68.2%)

Margin of Safety

+68.2%

Fair Value

$128.71

Current Price

$37.22

$91.49 discount

UndervaluedFair: $128.71Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

AXS5 strengths · Avg: 9.0/10
P/E RatioValuation
8.2x10/10

Attractively priced relative to earnings

Price/BookValuation
1.3x10/10

Reasonable price relative to book value

Debt/EquityHealth
0.259/10

Conservative balance sheet, low leverage

Operating MarginProfitability
20.2%8/10

Strong operational efficiency at 20.2%

Revenue GrowthGrowth
17.8%8/10

17.8% revenue growth

NMIH4 strengths · Avg: 10.0/10
P/E RatioValuation
7.6x10/10

Attractively priced relative to earnings

Price/BookValuation
1.1x10/10

Reasonable price relative to book value

Profit MarginProfitability
55.0%10/10

Keeps 55 of every $100 in revenue as profit

Operating MarginProfitability
71.0%10/10

Strong operational efficiency at 71.0%

Areas to Watch

AXS1 concerns · Avg: 2.0/10
Altman Z-ScoreHealth
0.622/10

Distress zone — elevated risk

NMIH1 concerns · Avg: 4.0/10
PEG RatioValuation
1.664/10

Expensive relative to growth rate

Comparative Analysis Report

WallStSmart Research

Bull Case : AXS

The strongest argument for AXS centers on P/E Ratio, Price/Book, Debt/Equity. Profitability is solid with margins at 15.4% and operating margin at 20.2%. Revenue growth of 17.8% demonstrates continued momentum.

Bull Case : NMIH

The strongest argument for NMIH centers on P/E Ratio, Price/Book, Profit Margin. Profitability is solid with margins at 55.0% and operating margin at 71.0%.

Bear Case : AXS

The primary concerns for AXS are Altman Z-Score.

Bear Case : NMIH

The primary concerns for NMIH are PEG Ratio.

Key Dynamics to Monitor

AXS profiles as a growth stock while NMIH is a mature play — different risk/reward profiles.

NMIH carries more volatility with a beta of 0.63 — expect wider price swings.

AXS is growing revenue faster at 17.8% — sustainability is the question.

AXS generates stronger free cash flow (614M), providing more financial flexibility.

Bottom Line

AXS scores higher overall (74/100 vs 71/100), backed by strong 15.4% margins and 17.8% revenue growth. NMIH offers better value entry with a 68.2% margin of safety. Both earn "Strong Buy" and "Strong Buy" ratings respectively — the choice depends on your investment horizon and risk tolerance.

This analysis is generated from publicly available financial data. Not financial advice.

AXIS Capital Holdings Ltd

FINANCIAL SERVICES · INSURANCE - SPECIALTY · USA

AXIS Capital Holdings Limited, offers various specialized insurance and reinsurance products worldwide. The company is headquartered in Pembroke, Bermuda.

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NMI Holdings Inc

FINANCIAL SERVICES · INSURANCE - SPECIALTY · USA

NMI Holdings, Inc. provides private home equity insurance services in the United States. The company is headquartered in Emeryville, California.

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