Which is better, AX or NMIH?

On the Buffett-Fit framework, NMI Holdings, Inc. (NMIH) currently grades higher than AX — 71/100 (D grade) vs 57/100 (C). That said, "better" depends on which framework you trust — AX wins on Benjamin Graham, Peter Lynch, and Charlie Munger; NMIH wins on Warren Buffett, Philip Fisher, Joel Greenblatt, and Terry Smith. The full pillar breakdown is on this page.

Should I buy AX or NMIH?

This page is an educational comparison, not investment advice. Both AX and NMIH are graded against the same Buffett 5-pillar framework (moat, earnings durability, management quality, financial health, valuation) plus six other documented investor frameworks. Read the side-by-side breakdown to see which one matches the criteria you care about most — and always do your own research before making any investment decision.

Is AX better than NMIH for value investing?

On the Buffett-style value-investing framework, NMIH currently grades higher — 71/100 vs 57/100, a 14-point gap. The gap is driven by which pillars each stock passes; the table on this page shows moat, durability, management, financial health, and valuation side-by-side.

What's the difference between AX and NMIH on Warren Buffett's framework?

Both stocks are evaluated on the same five pillars: economic moat (durable competitive advantage), earnings durability (consistent profitability), management quality (capital allocation), financial health (conservative balance sheet), and valuation (margin of safety). AX currently scores 57/100 (C grade); NMIH scores 71/100 (D grade). The "Where each wins" section on this page breaks down which pillar each stock dominates.

Which has the stronger moat, AX or NMIH?

Moat strength is one of the five pillars in the Buffett-Fit score on this page. AX and NMIH are each scored on ROIC sustainability, gross-margin durability, and qualitative signals like brand strength, switching costs, network effects, and regulatory barriers. The pillar breakdown on this page shows the moat sub-score side-by-side so you can see which one has the more durable competitive advantage.

Which is more undervalued, AX or NMIH?

Valuation is one of the five Buffett-Fit pillars on this page. Both stocks are scored on owner-earnings yield, price-to-intrinsic-value vs the underlying compounding rate, and the margin of safety relative to a conservative DCF. The valuation sub-score in the table below tells you which one currently trades at a more attractive price relative to its underlying business quality.

Are AX and NMIH both Financial Services stocks?

Yes — both Axos Financial, Inc. (AX) and NMI Holdings, Inc. (NMIH) operate in the Financial Services sector. That makes this a direct sector-peer comparison, which is the apples-to-apples way to use the Buffett-Fit framework: the score weighs each stock against its sector's specific quality and valuation benchmarks (sector-relative bonus), so the cross-stock comparison isn't distorted by inter-sector base-rate differences.

Is this AX vs NMIH comparison investment advice?

No. This page is an educational pattern-match against documented public frameworks (Buffett, Graham, Fisher, Lynch, Greenblatt, Munger, Smith), not personalised investment advice. The scores reflect how closely each stock matches each framework's documented criteria — they are not buy/hold/sell recommendations. Always do your own research and consult a licensed financial adviser for personalised advice.

Stock comparison

Axos Financial

NMI Holdings

Scored across Buffett, Graham, Lynch and Greenblatt - plus a side-by-side metric table covering valuation, quality, growth and balance sheet.

Axos Financial

Market cap

$4.9B

Sector

Financials

NMIH

NMI Holdings

Market cap

$2.84B

Sector

Financials

Overall winner

NMI Holdings NMIH

Wins on the combined sum of fit scores across all four strategies. Per-strategy breakdown below.

Fit scores by strategy

Strategy	AX	NMIH	Winner
Warren Buffett	57C	71D	NMIH
Benjamin Graham	39D	28F	AX
Philip Fisher	64C	67B	NMIH
Peter Lynch	50C	41D	AX
Joel Greenblatt	26F	38D	NMIH
Charlie Munger	57C	53C	AX
Terry Smith	55D	57D	NMIH

Side-by-side metrics

Metric	AX	NMIH
Market cap	$4.9B	$2.84B
P/E (TTM)	10.3x	7.4x
EV/EBIT	10.8x	-
ROIC (TTM)	7.3%	-0.16%
Gross margin	62.42%	89.66%
Net margin	22.67%	53.84%
Revenue CAGR 5y	28.3%	9.79%
EPS CAGR 5y	20.25%	16.71%
Debt / Equity	0.9x	0.0x
Dividend yield	0.0%	0.0%

Where each one wins

The metrics with the biggest gap between the two - sorted so the most decisive edges read first.

AX leads on

ROIC (TTM)7.3%vs -0.16%+102%
Revenue CAGR 5y28.3%vs 9.79%+65%
Market cap$4.9Bvs $2.84B+42%
EPS CAGR 5y20.25%vs 16.71%+17%

NMIH leads on

EV/EBIT-vs 10.8x+108%
Debt / Equity0.0xvs 0.9x+100%
Net margin53.84%vs 22.67%+58%
Gross margin89.66%vs 62.42%+30%

More like AX

AX vs MA AX vs SLDE AX vs HLNE AX vs KNSL AX vs SPGI AX vs EVR

More like NMIH

NMIH vs MA NMIH vs SLDE NMIH vs HLNE NMIH vs KNSL NMIH vs SPGI NMIH vs EVR

Read the full Buffett-Brain analysis for AX Read the full Buffett-Brain analysis for NMIH

Related on invest-like

Strongest Moat Highest ROIC Warren Buffett strategy Economic Moat

Key terms in this analysis

ROIC Free Cash Flow (FCF)Economic Moat P/E Ratio Margin of Safety Quality Score

Educational tool. Fit scores are deterministic projections from public financials onto each investor's published criteria - not personal recommendations or advice.

Stock comparison

Axos Financial

NMI Holdings

Scored across Buffett, Graham, Lynch and Greenblatt - plus a side-by-side metric table covering valuation, quality, growth and balance sheet.

Axos Financial

Market cap

$4.9B

Sector

Financials

NMIH

NMI Holdings

Market cap

$2.84B

Sector

Financials

Overall winner

NMI Holdings NMIH

Wins on the combined sum of fit scores across all four strategies. Per-strategy breakdown below.

Fit scores by strategy

Strategy	AX	NMIH	Winner
Warren Buffett	57C	71D	NMIH
Benjamin Graham	39D	28F	AX
Philip Fisher	64C	67B	NMIH
Peter Lynch	50C	41D	AX
Joel Greenblatt	26F	38D	NMIH
Charlie Munger	57C	53C	AX
Terry Smith	55D	57D	NMIH

Side-by-side metrics

Metric	AX	NMIH
Market cap	$4.9B	$2.84B
P/E (TTM)	10.3x	7.4x
EV/EBIT	10.8x	-
ROIC (TTM)	7.3%	-0.16%
Gross margin	62.42%	89.66%
Net margin	22.67%	53.84%
Revenue CAGR 5y	28.3%	9.79%
EPS CAGR 5y	20.25%	16.71%
Debt / Equity	0.9x	0.0x
Dividend yield	0.0%	0.0%

Where each one wins

The metrics with the biggest gap between the two - sorted so the most decisive edges read first.

AX leads on

ROIC (TTM)7.3%vs -0.16%+102%
Revenue CAGR 5y28.3%vs 9.79%+65%
Market cap$4.9Bvs $2.84B+42%
EPS CAGR 5y20.25%vs 16.71%+17%

NMIH leads on

EV/EBIT-vs 10.8x+108%
Debt / Equity0.0xvs 0.9x+100%
Net margin53.84%vs 22.67%+58%
Gross margin89.66%vs 62.42%+30%

More like AX

AX vs MA AX vs SLDE AX vs HLNE AX vs KNSL AX vs SPGI AX vs EVR

More like NMIH

NMIH vs MA NMIH vs SLDE NMIH vs HLNE NMIH vs KNSL NMIH vs SPGI NMIH vs EVR

Read the full Buffett-Brain analysis for AX Read the full Buffett-Brain analysis for NMIH

Related on invest-like

Strongest Moat Highest ROIC Warren Buffett strategy Economic Moat

Key terms in this analysis

ROIC Free Cash Flow (FCF)Economic Moat P/E Ratio Margin of Safety Quality Score

Educational tool. Fit scores are deterministic projections from public financials onto each investor's published criteria - not personal recommendations or advice.