Fidelity National Financial, Inc. (FNF) vs MGIC Investment Corporation (MTG)

Fidelity National Financial, Inc. and MGIC Investment Corporation are both Insurance Specialty companies. Fidelity National Financial, Inc. is the larger, with a market value of $11.0B against $5.9B — 1.9× the size. MGIC Investment Corporation trades at the lower P/E: 8.9× against 14.6×. Fidelity National Financial, Inc. grew revenue faster over the last twelve months: 13.0% against −1.88%. MGIC Investment Corporation has the higher net margin (59.2% vs 5.03%) and the lower return on invested capital (10.6% vs 11.3%). Both pay a dividend; Fidelity National Financial, Inc. yields more (3.60% vs 2.50%). Across the 23 metrics below, MGIC Investment Corporation leads on 14 and Fidelity National Financial, Inc. on 9.

Valuation

Metric FNF MTG Insurance Specialty median
P/E 14.62 8.92 9.15
P/S 0.72 5.01 1.84
P/B 1.26 1.20 1.16
Price to free cash flow 2.04 8.48 8.16
EV/EBITDA 4.14 6.95 7.51
EV/Sales 0.77 5.37 2.17
Earnings yield 6.84% 11.21% 10.79%
Free cash flow yield 49.08% 11.79% 11.79%

Profitability

Metric FNF MTG Insurance Specialty median
Gross margin 55.91% 77.48% 73.81%
Operating margin 12.91% 76.96% 17.70%
Net margin 5.03% 59.20% 13.80%
Free cash flow margin 35.34% 59.09% 34.47%
Return on equity 8.76% 13.92% 12.01%
Return on assets 0.71% 10.83% 4.12%
Return on invested capital 11.32% 10.56% 8.77%

Growth

Metric FNF MTG Insurance Specialty median
Revenue growth (TTM) 13.03% (1.88%) 7.53%
EPS growth (last fiscal year) (50.71%) 8.65% —
Revenue growth, 5-year CAGR 6.03% 0.24% 2.24%
Net income growth, 5-year CAGR (15.85%) 10.60% 0.00%

Health

Metric FNF MTG Insurance Specialty median
Debt to equity 0.50 0.13 0.15
Current ratio 0.25 0.64 0.53
Net debt to EBITDA 0.71 0.28 0.28

Dividend

Metric FNF MTG Insurance Specialty median
Dividend yield 3.60% 2.50% 2.60%
Payout ratio 1.32 0.15 0.21

Size

Metric FNF MTG Insurance Specialty median
Market cap 10.95b 5.89b 3.13b

Compare with another peer

Any metric, up to five companies and an Excel export Powerpack