KINGSTONE COS INC (KINS) Stock Fundamental Analysis
NASDAQ:KINS - Nasdaq - US4967191051 - Common Stock - Currency: USD
We assign a fundamental rating of 5 out of 10 to KINS. KINS was compared to 144 industry peers in the Insurance industry. KINS has a medium profitability rating, but doesn't score so well on its financial health evaluation. KINS may be a bit undervalued, certainly considering the very reasonable score on growth
1. Profitability
1.1 Basic Checks
In the past year KINS was profitable.
In the past year KINS had a positive cash flow from operations.
In the past 5 years KINS reported 4 times negative net income.
In multiple years KINS reported negative operating cash flow during the last 5 years.
1.2 Ratios
KINS has a Return On Assets of 4.57%. This is in the better half of the industry: KINS outperforms 75.89% of its industry peers.
KINS has a Return On Equity of 26.59%. This is amongst the best in the industry. KINS outperforms 90.07% of its industry peers.
With an excellent Return On Invested Capital value of 5.75%, KINS belongs to the best of the industry, outperforming 81.56% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.57% | ||
| ROE | 26.59% | ||
| ROIC | 5.75% |
ROA(3y)-3.73%
ROA(5y)-2.55%
ROE(3y)-29.94%
ROE(5y)-19.11%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
With a decent Profit Margin value of 10.60%, KINS is doing good in the industry, outperforming 63.12% of the companies in the same industry.
KINS's Operating Margin of 16.50% is fine compared to the rest of the industry. KINS outperforms 70.21% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 16.5% | ||
| PM (TTM) | 10.6% | ||
| GM | N/A |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
KINS has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
Compared to 1 year ago, KINS has more shares outstanding
KINS has more shares outstanding than it did 5 years ago.
Compared to 1 year ago, KINS has a worse debt to assets ratio.
2.2 Solvency
The Debt to FCF ratio of KINS is 0.46, which is an excellent value as it means it would take KINS, only 0.46 years of fcf income to pay off all of its debts.
The Debt to FCF ratio of KINS (0.46) is better than 85.11% of its industry peers.
KINS has a Debt/Equity ratio of 0.29. This is a healthy value indicating a solid balance between debt and equity.
With a Debt to Equity ratio value of 0.29, KINS perfoms like the industry average, outperforming 58.87% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.29 | ||
| Debt/FCF | 0.46 | ||
| Altman-Z | N/A |
ROIC/WACC0.63
WACC9.07%
2.3 Liquidity
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | N/A | ||
| Quick Ratio | N/A |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 188.80% over the past year.
Looking at the last year, KINS shows a small growth in Revenue. The Revenue has grown by 3.43% in the last year.
Measured over the past years, KINS shows a small growth in Revenue. The Revenue has been growing by 4.85% on average per year.
EPS 1Y (TTM)188.8%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%285.19%
Revenue 1Y (TTM)3.43%
Revenue growth 3Y3.14%
Revenue growth 5Y4.85%
Sales Q2Q%459.05%
3.2 Future
KINS is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 68.18% yearly.
The Revenue is expected to grow by 36.50% on average over the next years. This is a very strong growth
EPS Next Y292.97%
EPS Next 2Y111.69%
EPS Next 3Y68.18%
EPS Next 5YN/A
Revenue Next Year79.45%
Revenue Next 2Y56.94%
Revenue Next 3Y36.5%
Revenue Next 5YN/A
3.3 Evolution
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 14.64 indicates a correct valuation of KINS.
KINS's Price/Earnings ratio is in line with the industry average.
Compared to an average S&P500 Price/Earnings ratio of 29.63, KINS is valued rather cheaply.
A Price/Forward Earnings ratio of 8.85 indicates a reasonable valuation of KINS.
KINS's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. KINS is cheaper than 65.96% of the companies in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 22.68, KINS is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.64 | ||
| Fwd PE | 8.85 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of KINS indicates a somewhat cheap valuation: KINS is cheaper than 73.76% of the companies listed in the same industry.
KINS's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. KINS is cheaper than 65.96% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 5.39 | ||
| EV/EBITDA | 7.35 |
4.3 Compensation for Growth
The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
KINS's earnings are expected to grow with 68.18% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.05
PEG (5Y)N/A
EPS Next 2Y111.69%
EPS Next 3Y68.18%
5. Dividend
5.1 Amount
KINS has a Yearly Dividend Yield of 5.25%, which is a nice return.
KINS's Dividend Yield is rather good when compared to the industry average which is at 3.10. KINS pays more dividend than 89.36% of the companies in the same industry.
Compared to an average S&P500 Dividend Yield of 2.27, KINS pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.25% |
5.2 History
KINS has paid a dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)N/A
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
DP0%
EPS Next 2Y111.69%
EPS Next 3Y68.18%
16.25
-1.26 (-7.2%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupInsurance
GICS IndustryInsurance
Earnings (Last)
Earnings (Next)
Inst Owners30.26%
Inst Owner Change36.04%
Ins Owners12.73%
Ins Owner Change-6.5%
Market Cap200.69M
Analysts85.71
Price Target18.36 (12.98%)
Short Float %2.72%
Short Ratio0.84
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.25% |
Yearly Dividend0
Dividend Growth(5Y)N/A
DP0%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-1.96%
Min EPS beat(2)-1.96%
Max EPS beat(2)-1.96%
EPS beat(4)2
Avg EPS beat(4)99.49%
Min EPS beat(4)-1.96%
Max EPS beat(4)283.82%
EPS beat(8)2
Avg EPS beat(8)-296.67%
EPS beat(12)2
Avg EPS beat(12)-375.41%
EPS beat(16)2
Avg EPS beat(16)-314.87%
Revenue beat(2)1
Avg Revenue beat(2)-7.63%
Min Revenue beat(2)-51.81%
Max Revenue beat(2)36.55%
Revenue beat(4)3
Avg Revenue beat(4)9.94%
Min Revenue beat(4)-51.81%
Max Revenue beat(4)36.55%
Revenue beat(8)4
Avg Revenue beat(8)-4.25%
Revenue beat(12)7
Avg Revenue beat(12)0.55%
Revenue beat(16)10
Avg Revenue beat(16)3.51%
PT rev (1m)5.88%
PT rev (3m)71.43%
EPS NQ rev (1m)0%
EPS NQ rev (3m)740%
EPS NY rev (1m)0%
EPS NY rev (3m)2.94%
Revenue NQ rev (1m)19.73%
Revenue NQ rev (3m)82.15%
Revenue NY rev (1m)4.26%
Revenue NY rev (3m)-3.2%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.64 | ||
| Fwd PE | 8.85 | ||
| P/S | 1.34 | ||
| P/FCF | 5.39 | ||
| P/OCF | 5.1 | ||
| P/B | 3.36 | ||
| P/tB | 3.39 | ||
| EV/EBITDA | 7.35 |
EPS(TTM)1.11
EY6.83%
EPS(NY)1.84
Fwd EY11.3%
FCF(TTM)3.01
FCFY18.54%
OCF(TTM)3.19
OCFY19.63%
SpS12.12
BVpS4.83
TBVpS4.79
PEG (NY)0.05
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.57% | ||
| ROE | 26.59% | ||
| ROCE | 7.28% | ||
| ROIC | 5.75% | ||
| ROICexc | 6.38% | ||
| ROICexgc | 8.3% | ||
| OM | 16.5% | ||
| PM (TTM) | 10.6% | ||
| GM | N/A | ||
| FCFM | 24.86% |
ROA(3y)-3.73%
ROA(5y)-2.55%
ROE(3y)-29.94%
ROE(5y)-19.11%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexcg growth 3YN/A
ROICexcg growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3YN/A
GM growth 5YN/A
F-Score7
Asset Turnover0.43
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.29 | ||
| Debt/FCF | 0.46 | ||
| Debt/EBITDA | 0.64 | ||
| Cap/Depr | 88.1% | ||
| Cap/Sales | 1.46% | ||
| Interest Coverage | 8.24 | ||
| Cash Conversion | 144.98% | ||
| Profit Quality | 234.48% | ||
| Current Ratio | N/A | ||
| Quick Ratio | N/A | ||
| Altman-Z | N/A |
F-Score7
WACC9.07%
ROIC/WACC0.63
Cap/Depr(3y)112.04%
Cap/Depr(5y)121.41%
Cap/Sales(3y)2.52%
Cap/Sales(5y)2.56%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)188.8%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%285.19%
EPS Next Y292.97%
EPS Next 2Y111.69%
EPS Next 3Y68.18%
EPS Next 5YN/A
Revenue 1Y (TTM)3.43%
Revenue growth 3Y3.14%
Revenue growth 5Y4.85%
Sales Q2Q%459.05%
Revenue Next Year79.45%
Revenue Next 2Y56.94%
Revenue Next 3Y36.5%
Revenue Next 5YN/A
EBIT growth 1Y296.74%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y311.73%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y411.36%
OCF growth 3YN/A
OCF growth 5YN/A