KINGSTONE COS INC (KINS) Stock Fundamental Analysis
NASDAQ:KINS - Nasdaq - US4967191051 - Common Stock - Currency: USD
Overall KINS gets a fundamental rating of 5 out of 10. We evaluated KINS against 143 industry peers in the Insurance industry. KINS has a medium profitability rating, but doesn't score so well on its financial health evaluation. A decent growth rate in combination with a cheap valuation! Better keep an eye on KINS.
1. Profitability
1.1 Basic Checks
KINS had positive earnings in the past year.
In the past year KINS had a positive cash flow from operations.
In multiple years KINS reported negative net income over the last 5 years.
The reported operating cash flow has been mixed in the past 5 years: KINS reported negative operating cash flow in multiple years.
1.2 Ratios
Looking at the Return On Assets, with a value of 4.90%, KINS belongs to the top of the industry, outperforming 83.22% of the companies in the same industry.
With an excellent Return On Equity value of 27.52%, KINS belongs to the best of the industry, outperforming 93.01% of the companies in the same industry.
KINS's Return On Invested Capital of 5.86% is amongst the best of the industry. KINS outperforms 83.92% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.9% | ||
| ROE | 27.52% | ||
| ROIC | 5.86% |
ROA(3y)-1.36%
ROA(5y)-1.2%
ROE(3y)-17.5%
ROE(5y)-12.24%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
KINS has a Profit Margin of 11.83%. This is in the better half of the industry: KINS outperforms 70.63% of its industry peers.
The Operating Margin of KINS (17.47%) is better than 70.63% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 17.47% | ||
| PM (TTM) | 11.83% | ||
| 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.
KINS has more shares outstanding than it did 1 year ago.
The number of shares outstanding for KINS has been increased compared to 5 years ago.
The debt/assets ratio for KINS has been reduced compared to a year ago.
2.2 Solvency
KINS has a debt to FCF ratio of 0.20. This is a very positive value and a sign of high solvency as it would only need 0.20 years to pay back of all of its debts.
KINS has a better Debt to FCF ratio (0.20) than 89.51% of its industry peers.
KINS has a Debt/Equity ratio of 0.17. This is a healthy value indicating a solid balance between debt and equity.
KINS has a better Debt to Equity ratio (0.17) than 72.73% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.17 | ||
| Debt/FCF | 0.2 | ||
| Altman-Z | N/A |
ROIC/WACC0.64
WACC9.11%
2.3 Liquidity
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | N/A | ||
| Quick Ratio | N/A |
3. Growth
3.1 Past
KINS shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 291.89%, which is quite impressive.
The Revenue has been growing slightly by 7.59% in the past year.
Measured over the past years, KINS shows a small growth in Revenue. The Revenue has been growing by 1.35% on average per year.
EPS 1Y (TTM)291.89%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%206.67%
Revenue 1Y (TTM)7.59%
Revenue growth 3Y-1.27%
Revenue growth 5Y1.35%
Sales Q2Q%47.95%
3.2 Future
The Earnings Per Share is expected to grow by 32.66% on average over the next years. This is a very strong growth
Based on estimates for the next years, KINS will show a very strong growth in Revenue. The Revenue will grow by 21.82% on average per year.
EPS Next Y36.48%
EPS Next 2Y32.66%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year38.81%
Revenue Next 2Y21.82%
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
KINS is valuated correctly with a Price/Earnings ratio of 12.58.
The rest of the industry has a similar Price/Earnings ratio as KINS.
When comparing the Price/Earnings ratio of KINS to the average of the S&P500 Index (28.22), we can say KINS is valued rather cheaply.
Based on the Price/Forward Earnings ratio of 9.22, the valuation of KINS can be described as reasonable.
Based on the Price/Forward Earnings ratio, KINS is valued a bit cheaper than 64.34% of the companies in the same industry.
When comparing the Price/Forward Earnings ratio of KINS to the average of the S&P500 Index (20.86), we can say KINS is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.58 | ||
| Fwd PE | 9.22 |
4.2 Price Multiples
62.24% of the companies in the same industry are more expensive than KINS, based on the Enterprise Value to EBITDA ratio.
74.83% of the companies in the same industry are more expensive than KINS, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 4.41 | ||
| EV/EBITDA | 7.71 |
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 32.66% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.34
PEG (5Y)N/A
EPS Next 2Y32.66%
EPS Next 3YN/A
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 5.25%, KINS is a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 3.27, KINS pays a better dividend. On top of this KINS pays more dividend than 85.31% of the companies listed in the same industry.
KINS's Dividend Yield is rather good when compared to the S&P500 average which is at 2.44.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.25% |
5.2 History
KINS has been paying a dividend for at least 10 years, so it has a reliable track record.
Dividend Growth(5Y)N/A
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
DP0%
EPS Next 2Y32.66%
EPS Next 3YN/A
17.87
+0.21 (+1.19%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupInsurance
GICS IndustryInsurance
Earnings (Last)
Earnings (Next)
Inst Owners30.26%
Inst Owner Change0.45%
Ins Owners12.73%
Ins Owner Change1.05%
Market Cap245.36M
Analysts85.71
Price Target19.38 (8.45%)
Short Float %2.16%
Short Ratio0.81
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)1
Avg EPS beat(2)2.71%
Min EPS beat(2)-1.96%
Max EPS beat(2)7.38%
EPS beat(4)2
Avg EPS beat(4)30.38%
Min EPS beat(4)-1.96%
Max EPS beat(4)118.06%
EPS beat(8)3
Avg EPS beat(8)-87.66%
EPS beat(12)3
Avg EPS beat(12)-369.3%
EPS beat(16)3
Avg EPS beat(16)-312.87%
Revenue beat(2)0
Avg Revenue beat(2)-26.74%
Min Revenue beat(2)-51.81%
Max Revenue beat(2)-1.66%
Revenue beat(4)2
Avg Revenue beat(4)4.26%
Min Revenue beat(4)-51.81%
Max Revenue beat(4)36.55%
Revenue beat(8)3
Avg Revenue beat(8)-7.53%
Revenue beat(12)6
Avg Revenue beat(12)-0.47%
Revenue beat(16)9
Avg Revenue beat(16)1.81%
PT rev (1m)5.56%
PT rev (3m)5.56%
EPS NQ rev (1m)100%
EPS NQ rev (3m)100%
EPS NY rev (1m)5.56%
EPS NY rev (3m)5.56%
Revenue NQ rev (1m)4.41%
Revenue NQ rev (3m)4.41%
Revenue NY rev (1m)0.8%
Revenue NY rev (3m)25.23%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.58 | ||
| Fwd PE | 9.22 | ||
| P/S | 1.58 | ||
| P/FCF | 4.41 | ||
| P/OCF | 4.23 | ||
| P/B | 3.68 | ||
| P/tB | 3.71 | ||
| EV/EBITDA | 7.71 |
EPS(TTM)1.42
EY7.95%
EPS(NY)1.94
Fwd EY10.84%
FCF(TTM)4.05
FCFY22.67%
OCF(TTM)4.22
OCFY23.62%
SpS11.3
BVpS4.86
TBVpS4.82
PEG (NY)0.34
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.9% | ||
| ROE | 27.52% | ||
| ROCE | 7.44% | ||
| ROIC | 5.86% | ||
| ROICexc | 6.36% | ||
| ROICexgc | 8.23% | ||
| OM | 17.47% | ||
| PM (TTM) | 11.83% | ||
| GM | N/A | ||
| FCFM | 35.84% |
ROA(3y)-1.36%
ROA(5y)-1.2%
ROE(3y)-17.5%
ROE(5y)-12.24%
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 Turnover0.41
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.17 | ||
| Debt/FCF | 0.2 | ||
| Debt/EBITDA | 0.38 | ||
| Cap/Depr | 95.44% | ||
| Cap/Sales | 1.51% | ||
| Interest Coverage | 10.73 | ||
| Cash Conversion | 196.12% | ||
| Profit Quality | 302.92% | ||
| Current Ratio | N/A | ||
| Quick Ratio | N/A | ||
| Altman-Z | N/A |
F-Score7
WACC9.11%
ROIC/WACC0.64
Cap/Depr(3y)98.26%
Cap/Depr(5y)109.6%
Cap/Sales(3y)2.09%
Cap/Sales(5y)2.32%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)291.89%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%206.67%
EPS Next Y36.48%
EPS Next 2Y32.66%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)7.59%
Revenue growth 3Y-1.27%
Revenue growth 5Y1.35%
Sales Q2Q%47.95%
Revenue Next Year38.81%
Revenue Next 2Y21.82%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y906.08%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y522.76%
FCF growth 3Y40.97%
FCF growth 5Y16.49%
OCF growth 1Y611.6%
OCF growth 3Y33.51%
OCF growth 5Y14.18%