FNMAI · bank / insurer · relative-multiples view
Federal National Mortgage Association (FNMAI): Valuation Snapshot
Federal National Mortgage Association (FNMAI) is a bank, insurer or other financial, and a discounted-cash-flow model is the wrong lens for one, so TickerWorth does not publish a DCF fair value for it. What its filings and market data do show is below. Snapshot as of Oct 19, 2026.
Model by Miraaj Patel · generated from public market data · Updated Oct 19, 2026 · How these pages are made
How is a bank like FNMAI valued?
This is a bank / insurer / financial. A free-cash-flow DCF is structurally the wrong lens here (their debt and float are raw material, not financing), so we don't publish one. Our bank model (justified price-to-book) declined to value it too: no positive book value per share is reported, so there is no equity base for a book-value model to scale. The price-to-book and price-to-earnings figures below are context for comparison, not a fair value.
Bank model (justified price-to-book)
Not published. No positive book value per share is reported, so there is no equity base for a book-value model to scale.
What is FNMAI's TickerWorth Score?
Expensive vs our estimate — the business scores well
Compared with Financial Services companies in US
Its strongest point: trades below our estimate of what it's worth. Its weakest: looks expensive on the numbers.
- Value · 0 of 100
Cheaper than almost none of the Financial Services companies in US
- Price vs worth · 100 of 100
- Quality · 85 of 100
More profitable than 85% of Financial Services companies in US
- Financial health · 33 of 100
Financially stronger than 33% of Financial Services companies in US
- Growth · 46 of 100
Growing faster than 46% of Financial Services companies in US
- Momentum · 2 of 100
Outperformed 2% of Financial Services companies in US over the past year
Confidence: Medium confidence · Scored
Get the Undervalued Company of the Week.
- Price
- $6.00
- 52-week high
- $15.34
- 52-week low
- $5.50
- Currency
- USD
- Exchange
- OTC Markets OTCQB
Snapshot of Oct 19, 2026, quote time not published · Prices are delayed.
What we can say
Federal National Mortgage Association (FNMAI) is a bank, insurer or other financial, and a free-cash-flow discounted-cash-flow (DCF) model is structurally the wrong lens for it: for these businesses debt and float are raw material, not financing, so there is no meaningful 'free cash flow' to discount. Instead of a misleading intrinsic-value number, this page reads FNMAI the way financials are actually valued — on relative multiples such as price-to-earnings and, above all, price-to-book — plus a plain description of where the stock trades. It is a descriptive snapshot, not a valuation, and not investment advice.
Read the full reasoning
On the numbers we do have, FNMAI trades at a recent price of $6.00, sitting 5% of the way up its 52-week range ($5.50–$15.34), on the OTC Markets OTCQB.
The standard alternative to a DCF is relative valuation — comparing FNMAI's trading multiples against a sector benchmark. Here that gives P/E of 857.1× (richer than the peer median of 14.2×). A cheaper multiple than peers can flag a discount or a market that expects weaker growth; it is a comparison, not a recommendation.
Finally, a price-based read — explicitly not a valuation. FNMAI is in a down-trend (price below both its 50- and 200-day averages), trading -60.9% from its 52-week high. Over the past year the stock is -60.0%. Moving-average trend and 52-week position describe where the stock has traded; they say nothing about what it is worth.
To be exact about what this page is not: we are not saying the numbers for FNMAI are unavailable. They are, and they are above. We are saying a discounted-cash-flow model is the wrong instrument for this kind of business, and publishing one anyway — because the inputs happen to exist — would be a precise answer to the wrong question.
It trades thinly (low average volume), so quoted prices and any derived metrics should be treated with extra caution. Refusing is the more useful answer, and it is the same rule we apply to every name in this category.
FNMAI vs peers
Sector benchmark (bellwethers, not direct competitors).
| Multiple | FNMAI | Peer median | Read |
|---|---|---|---|
| P/E | 857.1× | 14.2× | richer than |
What does Federal National Mortgage Association do?
What does it do?
Federal National Mortgage Association provides financing solutions for residential mortgages in the United States. The company operates in two segments, Single-Family and Multifamily. It operates in the Mortgage Finance industry (Financial Services sector), headquartered in United States. The company employs roughly 7,000 people.
How does it make money?
The business turns $27.8B in annual revenue into profit. Out of every $100 of sales, about $76 is left as operating profit (operating margin of 75.8%), after a 100% gross margin on the products/services it sells. After all costs, taxes and interest, 54.3% of revenue becomes bottom-line net profit.
Is it financially healthy?
Financially it looks stretched: carries heavy debt (36.0× equity), comfortably covers its short-term bills (106.5× current ratio), and is currently profitable.
Who at FNMAI filed insider trades?
| Date | Insider | Relationship | What happened | Value | Filing |
|---|---|---|---|---|---|
| Stucky Michael | Director | Open-market sale | $51,200.00 | Form 4 for Stucky Michael (opens sec.gov in a new tab) | |
| Stucky Michael | Director | Open-market buy | $51,280.00 | Form 4 for Stucky Michael (opens sec.gov in a new tab) | |
| AKWABOAH PETER | EVP & COO | Code L | $150.44 | Form 4 for AKWABOAH PETER (opens sec.gov in a new tab) |
A disclosure, not a signal to trade. Source: SEC EDGAR (Form 4).
Companies we do put a number on
Not investment advice. TickerWorth Score is a model output.
A descriptive, available-data snapshot and relative comparison — NOT a DCF, NOT a price target, and NOT investment advice. TickerWorth is not a licensed investment adviser, and these figures are estimates from public market data that can be wrong, stale or incomplete.