Radian Group Stock Fair Value Calculation – Radian Group Reports 16.1% Revenue Decrease in FY2022 Q4, with Net Income Declining 7.0%
March 6, 2023
Earnings report
Radian Group Stock Fair Value Calculation – On February 9 2023, RADIAN GROUP ($NYSE:RDN) announced their Financial Year 2022 Fourth Quarter (FY22 Q4) earnings results for the period ending December 31 2022. Despite this decrease, RADIAN GROUP’s management team is confident that their strong capital position and continued execution of their strategic initiatives will position them for future growth and success.
Share Price
On Thursday, Radian Group reported its financial results for Fiscal Year 2022 Q4. The company reported a 16.1% year-over-year decrease in revenue and a 7.0% decrease in net income. Despite this, the company’s stock opened at $22.4 and closed at $22.0, a 0.1% increase from last closing price of $22.0. This signifies investors’ ongoing confidence in the company, despite the dip in financial performance. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Radian Group. More…
| Total Revenues | Net Income | Net Margin |
| 1.19k | 742.93 | 62.4% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Radian Group. More…
| Operations | Investing | Financing |
| 435.96 | -1.86 | -496.78 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Radian Group. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 7.06k | 3.14k | 24.95 |
Key Ratios Snapshot
Some of the financial key ratios for Radian Group are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| -8.0% | – | 87.1% |
| FCF Margin | ROE | ROA |
| 35.3% | 16.9% | 9.2% |
Analysis – Radian Group Stock Fair Value Calculation
At GoodWhale, we conducted an analysis of RADIAN GROUP‘s financials. Based on our proprietary Valuation Line, we calculated the intrinsic value of the RADIAN GROUP stock to be around $30.0. Currently, RADIAN GROUP’s stock is traded at $22.0, which represents a discount of 26.6%. Therefore, we believe that this stock should be a good buying opportunity for investors. More…
Peers
Radian Group Inc’s primary business is providing private mortgage insurance, reinsurance and mortgage financing solutions in the United States through its principal subsidiaries, Radian Guaranty Inc and Radian Asset Assurance Inc. Radian Group Inc competes with other private mortgage insurers such as Enact Holdings Inc, Tiptree Inc, MGIC Investment Corp.
– Enact Holdings Inc ($NASDAQ:ACT)
Enact Holdings Inc is a holding company that operates through its subsidiaries. The company has a market cap of 3.96B as of 2022 and a ROE of 17.23%. The company’s subsidiaries engage in the business of providing health insurance and other related services to individuals and businesses in the United States.
– Tiptree Inc ($NASDAQ:TIPT)
Tiptree Inc is a publicly traded company with a market capitalization of 429.89M as of 2022. The company has a return on equity of 9.05%. Tiptree Inc is engaged in the business of insurance underwriting and reinsurance, as well as investing in real estate and other assets.
– MGIC Investment Corp ($NYSE:MTG)
MGMIC Investment Corp is a holding company that operates through its subsidiaries. The company’s principal business activity is the ownership and management of real estate properties. Its portfolio includes office, retail, and industrial properties in the United States and Europe.
Summary
Radian Group is a financial services company that was recently highlighted in an investing analysis.
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