Sagen MI Canada Inc. specializes in providing private default mortgage insurance services to lenders and brokers. The company boasts a strong net margin of 42.8%, indicating effective cost management, but its return on equity (ROE) of 3.8% raises concerns about profitability relative to shareholder equity. Additionally, a low debt-to-equity ratio of 0.33 suggests solid financial stability. However, the high margins juxtaposed with a relatively low valuation may indicate market skepticism regarding future growth prospects. Overall, while Sagen MI demonstrates financial strength, its growth potential remains a concern.
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No significant red flags identified
This company appears financially healthy on available metrics
Operating margin of 66.7% demonstrates excellent operational efficiency.
Excellent operating cash flow margin of 76.4% indicates high-quality earnings.
Operating cash flow of $829.0M exceeds net income by 63%, indicating high-quality earnings with strong cash conversion.
Operating cash flow grew 29.8% YoY, demonstrating improving cash conversion.
Fortress balance sheet: cash covers total debt 6.7×, providing significant financial flexibility.
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Based on 2026-Q2 (June 30, 2026)