TIPTREE INC (TIPT) Stock Fundamental Analysis
USA - NASDAQ:TIPT - US88822Q1031 - Common Stock
24.74 USD
+0.84 (+3.51%)
24.74 USD
0 (0%)
Taking everything into account, TIPT scores 5 out of 10 in our fundamental rating. TIPT was compared to 146 industry peers in the Insurance industry. Both the profitability and the financial health of TIPT get a neutral evaluation. Nothing too spectacular is happening here. TIPT is valied quite expensively at the moment, while it does show a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year TIPT was profitable.
TIPT had a positive operating cash flow in the past year.
The reported net income has been mixed in the past 5 years: TIPT reported negative net income in multiple years.
Each year in the past 5 years TIPT had a positive operating cash flow.
1.2 Ratios
With a Return On Assets value of 0.91%, TIPT perfoms like the industry average, outperforming 41.78% of the companies in the same industry.
Looking at the Return On Equity, with a value of 11.13%, TIPT is in line with its industry, outperforming 56.16% of the companies in the same industry.
TIPT's Return On Invested Capital of 3.40% is fine compared to the rest of the industry. TIPT outperforms 67.81% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for TIPT is in line with the industry average of 4.47%.
The 3 year average ROIC (2.68%) for TIPT is below the current ROIC(3.40%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.91% | ||
| ROE | 11.13% | ||
| ROIC | 3.4% |
ROA(3y)0.33%
ROA(5y)0.21%
ROE(3y)4.27%
ROE(5y)2.87%
ROIC(3y)2.68%
ROIC(5y)N/A
1.3 Margins
The Profit Margin of TIPT (2.75%) is worse than 75.34% of its industry peers.
TIPT's Profit Margin has improved in the last couple of years.
Looking at the Operating Margin, with a value of 7.76%, TIPT is doing worse than 64.38% of the companies in the same industry.
TIPT's Operating Margin has improved in the last couple of years.
TIPT has a Gross Margin of 67.99%. This is amongst the best in the industry. TIPT outperforms 95.89% of its industry peers.
TIPT's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 7.76% | ||
| PM (TTM) | 2.75% | ||
| GM | 67.99% |
OM growth 3Y10.35%
OM growth 5Y13.26%
PM growth 3Y-5.95%
PM growth 5Y2.27%
GM growth 3Y1.46%
GM growth 5Y3.08%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), TIPT is destroying value.
TIPT has more shares outstanding than it did 1 year ago.
TIPT has more shares outstanding than it did 5 years ago.
The debt/assets ratio for TIPT has been reduced compared to a year ago.
2.2 Solvency
Based on the Altman-Z score of 0.75, we must say that TIPT is in the distress zone and has some risk of bankruptcy.
TIPT has a Altman-Z score of 0.75. This is in the better half of the industry: TIPT outperforms 74.66% of its industry peers.
TIPT has a debt to FCF ratio of 4.31. This is a neutral value as TIPT would need 4.31 years to pay back of all of its debts.
TIPT has a Debt to FCF ratio (4.31) which is comparable to the rest of the industry.
A Debt/Equity ratio of 0.93 indicates that TIPT is somewhat dependend on debt financing.
The Debt to Equity ratio of TIPT (0.93) is worse than 87.67% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.93 | ||
| Debt/FCF | 4.31 | ||
| Altman-Z | 0.75 |
ROIC/WACC0.44
WACC7.76%
2.3 Liquidity
A Current Ratio of 1.44 indicates that TIPT should not have too much problems paying its short term obligations.
TIPT has a Current ratio of 1.44. This is amongst the best in the industry. TIPT outperforms 85.62% of its industry peers.
TIPT has a Quick Ratio of 1.44. This is a normal value and indicates that TIPT is financially healthy and should not expect problems in meeting its short term obligations.
The Quick ratio of TIPT (1.44) is better than 85.62% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.44 | ||
| Quick Ratio | 1.44 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 77.89% over the past year.
Measured over the past years, TIPT shows a very strong growth in Earnings Per Share. The EPS has been growing by 21.84% on average per year.
Looking at the last year, TIPT shows a small growth in Revenue. The Revenue has grown by 6.10% in the last year.
Measured over the past years, TIPT shows a very strong growth in Revenue. The Revenue has been growing by 21.46% on average per year.
EPS 1Y (TTM)77.89%
EPS 3Y7.94%
EPS 5Y21.84%
EPS Q2Q%-6.45%
Revenue 1Y (TTM)6.1%
Revenue growth 3Y19.39%
Revenue growth 5Y21.46%
Sales Q2Q%-3.28%
3.2 Future
No EPS estimates are available, so we could not analyze the future EPS growth and evolution.
No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.
EPS Next YN/A
EPS Next 2YN/A
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next YearN/A
Revenue Next 2YN/A
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
No EPS estimates are available, so we could not analyze the future EPS growth and evolution.
No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 17.06, the valuation of TIPT can be described as rather expensive.
61.64% of the companies in the same industry are cheaper than TIPT, based on the Price/Earnings ratio.
TIPT is valuated rather cheaply when we compare the Price/Earnings ratio to 27.41, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 17.06 | ||
| Fwd PE | N/A |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, TIPT is valued a bit cheaper than the industry average as 75.34% of the companies are valued more expensively.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of TIPT indicates a somewhat cheap valuation: TIPT is cheaper than 62.33% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 8.11 | ||
| EV/EBITDA | 5.84 |
4.3 Compensation for Growth
The decent profitability rating of TIPT may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)0.78
EPS Next 2YN/A
EPS Next 3YN/A
5. Dividend
5.1 Amount
TIPT has a Yearly Dividend Yield of 1.02%. Purely for dividend investing, there may be better candidates out there.
Compared to an average industry Dividend Yield of 3.44, TIPT has a dividend in line with its industry peers.
Compared to an average S&P500 Dividend Yield of 2.38, TIPT's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.02% |
5.2 History
The dividend of TIPT is nicely growing with an annual growth rate of 33.87%!
TIPT has been paying a dividend for at least 10 years, so it has a reliable track record.
As TIPT did not decrease their dividend in the past 5 years, we can say the dividend looks stable.
Dividend Growth(5Y)33.87%
Div Incr Years2
Div Non Decr Years9
5.3 Sustainability
44.54% of the earnings are spent on dividend by TIPT. This is a bit on the high side, but may be sustainable.
The dividend of TIPT is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP44.54%
EPS Next 2YN/A
EPS Next 3YN/A
24.74
+0.84 (+3.51%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupInsurance
GICS IndustryInsurance
Earnings (Last)
Earnings (Next)
Inst Owners38.66%
Inst Owner Change-1.82%
Ins Owners38.02%
Ins Owner Change0.65%
Market Cap927.75M
Analysts0
Price TargetN/A
Short Float %0.76%
Short Ratio1.04
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.02% |
Yearly Dividend0.67
Dividend Growth(5Y)33.87%
DP44.54%
Div Incr Years2
Div Non Decr Years9
Ex-Date
Surprises & Revisions
EPS beat(2)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)N/A
Avg Revenue beat(2)N/A
Min Revenue beat(2)N/A
Max Revenue beat(2)N/A
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)N/A
PT rev (3m)N/A
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)N/A
EPS NY rev (3m)N/A
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)N/A
Revenue NY rev (3m)N/A
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 17.06 | ||
| Fwd PE | N/A | ||
| P/S | 0.46 | ||
| P/FCF | 8.11 | ||
| P/OCF | 7.79 | ||
| P/B | 1.86 | ||
| P/tB | 5.11 | ||
| EV/EBITDA | 5.84 |
EPS(TTM)1.45
EY5.86%
EPS(NY)N/A
Fwd EYN/A
FCF(TTM)3.05
FCFY12.34%
OCF(TTM)3.18
OCFY12.84%
SpS53.98
BVpS13.33
TBVpS4.84
PEG (NY)N/A
PEG (5Y)0.78
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.91% | ||
| ROE | 11.13% | ||
| ROCE | 4.3% | ||
| ROIC | 3.4% | ||
| ROICexc | 3.8% | ||
| ROICexgc | 4.33% | ||
| OM | 7.76% | ||
| PM (TTM) | 2.75% | ||
| GM | 67.99% | ||
| FCFM | 5.65% |
ROA(3y)0.33%
ROA(5y)0.21%
ROE(3y)4.27%
ROE(5y)2.87%
ROIC(3y)2.68%
ROIC(5y)N/A
ROICexc(3y)3.2%
ROICexc(5y)N/A
ROICexgc(3y)3.93%
ROICexgc(5y)N/A
ROCE(3y)3.4%
ROCE(5y)N/A
ROICexcg growth 3Y9.34%
ROICexcg growth 5Y11.63%
ROICexc growth 3Y12%
ROICexc growth 5Y11.95%
OM growth 3Y10.35%
OM growth 5Y13.26%
PM growth 3Y-5.95%
PM growth 5Y2.27%
GM growth 3Y1.46%
GM growth 5Y3.08%
F-Score6
Asset Turnover0.33
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.93 | ||
| Debt/FCF | 4.31 | ||
| Debt/EBITDA | 2.61 | ||
| Cap/Depr | 22.54% | ||
| Cap/Sales | 0.23% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 67.05% | ||
| Profit Quality | 205.68% | ||
| Current Ratio | 1.44 | ||
| Quick Ratio | 1.44 | ||
| Altman-Z | 0.75 |
F-Score6
WACC7.76%
ROIC/WACC0.44
Cap/Depr(3y)41.64%
Cap/Depr(5y)34.89%
Cap/Sales(3y)0.6%
Cap/Sales(5y)0.57%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)77.89%
EPS 3Y7.94%
EPS 5Y21.84%
EPS Q2Q%-6.45%
EPS Next YN/A
EPS Next 2YN/A
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)6.1%
Revenue growth 3Y19.39%
Revenue growth 5Y21.46%
Sales Q2Q%-3.28%
Revenue Next YearN/A
Revenue Next 2YN/A
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y29.24%
EBIT growth 3Y31.74%
EBIT growth 5Y37.57%
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-41.54%
FCF growth 3Y5.52%
FCF growth 5Y73.17%
OCF growth 1Y-44.6%
OCF growth 3Y5.63%
OCF growth 5Y58.99%