TIPTREE INC (TIPT) Stock Fundamental Analysis
NASDAQ:TIPT - Nasdaq - US88822Q1031 - Common Stock - Currency: USD
Overall TIPT gets a fundamental rating of 5 out of 10. We evaluated TIPT against 143 industry peers in the Insurance industry. TIPT has only an average score on both its financial health and profitability. While showing a medium growth rate, TIPT is valued expensive at the moment.
1. Profitability
1.1 Basic Checks
TIPT had positive earnings in the past year.
In the past year TIPT had a positive cash flow from operations.
The reported net income has been mixed in the past 5 years: TIPT reported negative net income in multiple years.
In the past 5 years TIPT always reported a positive cash flow from operatings.
1.2 Ratios
TIPT has a worse Return On Assets (0.85%) than 61.54% of its industry peers.
TIPT's Return On Equity of 10.46% is in line compared to the rest of the industry. TIPT outperforms 52.45% of its industry peers.
TIPT has a better Return On Invested Capital (3.24%) than 67.83% of its industry peers.
TIPT had an Average Return On Invested Capital over the past 3 years of 2.68%. This is in line with the industry average of 4.27%.
The last Return On Invested Capital (3.24%) for TIPT is above the 3 year average (2.68%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.85% | ||
| ROE | 10.46% | ||
| ROIC | 3.24% |
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
TIPT has a worse Profit Margin (2.43%) than 77.62% of its industry peers.
In the last couple of years the Profit Margin of TIPT has grown nicely.
With a Operating Margin value of 7.10%, TIPT is not doing good in the industry: 62.24% of the companies in the same industry are doing better.
TIPT's Operating Margin has improved in the last couple of years.
TIPT has a better Gross Margin (66.81%) than 95.80% of its industry peers.
In the last couple of years the Gross Margin of TIPT has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 7.1% | ||
| PM (TTM) | 2.43% | ||
| GM | 66.81% |
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
TIPT has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
The number of shares outstanding for TIPT has been increased compared to 1 year ago.
Compared to 5 years ago, TIPT has more shares outstanding
The debt/assets ratio for TIPT has been reduced compared to a year ago.
2.2 Solvency
TIPT has an Altman-Z score of 0.75. This is a bad value and indicates that TIPT is not financially healthy and even has some risk of bankruptcy.
TIPT's Altman-Z score of 0.75 is fine compared to the rest of the industry. TIPT outperforms 76.92% of its industry peers.
The Debt to FCF ratio of TIPT is 3.53, which is a good value as it means it would take TIPT, 3.53 years of fcf income to pay off all of its debts.
Looking at the Debt to FCF ratio, with a value of 3.53, TIPT is doing worse than 62.24% of the companies in the same industry.
A Debt/Equity ratio of 0.92 indicates that TIPT is somewhat dependend on debt financing.
The Debt to Equity ratio of TIPT (0.92) is worse than 88.11% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.92 | ||
| Debt/FCF | 3.53 | ||
| Altman-Z | 0.75 |
ROIC/WACC0.41
WACC7.89%
2.3 Liquidity
A Current Ratio of 1.42 indicates that TIPT should not have too much problems paying its short term obligations.
Looking at the Current ratio, with a value of 1.42, TIPT belongs to the top of the industry, outperforming 85.31% of the companies in the same industry.
A Quick Ratio of 1.42 indicates that TIPT should not have too much problems paying its short term obligations.
TIPT's Quick ratio of 1.42 is amongst the best of the industry. TIPT outperforms 85.31% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.42 | ||
| Quick Ratio | 1.42 |
3. Growth
3.1 Past
TIPT shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 103.81%, which is quite impressive.
The Earnings Per Share has been growing by 21.84% on average over the past years. This is a very strong growth
TIPT shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 15.66%.
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)103.81%
EPS 3Y7.94%
EPS 5Y21.84%
EPS Q2Q%13.46%
Revenue 1Y (TTM)15.66%
Revenue growth 3Y19.39%
Revenue growth 5Y21.46%
Sales Q2Q%-0.16%
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 16.72, the valuation of TIPT can be described as correct.
Compared to the rest of the industry, the Price/Earnings ratio of TIPT is on the same level as its industry peers.
The average S&P500 Price/Earnings ratio is at 26.03. TIPT is valued slightly cheaper when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 16.72 | ||
| 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 76.22% of the companies are valued more expensively.
Based on the Price/Free Cash Flow ratio, TIPT is valued a bit cheaper than 65.73% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 5.81 | ||
| EV/EBITDA | 5.89 |
4.3 Compensation for Growth
TIPT has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)0.77
EPS Next 2YN/A
EPS Next 3YN/A
5. Dividend
5.1 Amount
TIPT has a Yearly Dividend Yield of 1.10%.
Compared to an average industry Dividend Yield of 3.17, TIPT is paying slightly less dividend.
With a Dividend Yield of 1.10, TIPT pays less dividend than the S&P500 average, which is at 2.36.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.1% |
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
TIPT pays out 50.20% of its income as dividend. This is a bit on the high side, but may be sustainable.
TIPT's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP50.2%
EPS Next 2YN/A
EPS Next 3YN/A
21.74
-0.26 (-1.18%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupInsurance
GICS IndustryInsurance
Earnings (Last)
Earnings (Next)
Inst Owners40.92%
Inst Owner Change-3.99%
Ins Owners38.11%
Ins Owner Change0.51%
Market Cap815.03M
Analysts0
Price TargetN/A
Short Float %0.71%
Short Ratio0.95
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.1% |
Yearly Dividend0.67
Dividend Growth(5Y)33.87%
DP50.2%
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 | 16.72 | ||
| Fwd PE | N/A | ||
| P/S | 0.4 | ||
| P/FCF | 5.81 | ||
| P/OCF | 5.63 | ||
| P/B | 1.72 | ||
| P/tB | 5.32 | ||
| EV/EBITDA | 5.89 |
EPS(TTM)1.3
EY5.98%
EPS(NY)N/A
Fwd EYN/A
FCF(TTM)3.74
FCFY17.22%
OCF(TTM)3.86
OCFY17.76%
SpS54.47
BVpS12.64
TBVpS4.09
PEG (NY)N/A
PEG (5Y)0.77
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.85% | ||
| ROE | 10.46% | ||
| ROCE | 4.11% | ||
| ROIC | 3.24% | ||
| ROICexc | 3.59% | ||
| ROICexgc | 4.16% | ||
| OM | 7.1% | ||
| PM (TTM) | 2.43% | ||
| GM | 66.81% | ||
| FCFM | 6.87% |
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-Score7
Asset Turnover0.35
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.92 | ||
| Debt/FCF | 3.53 | ||
| Debt/EBITDA | 2.62 | ||
| Cap/Depr | 20.82% | ||
| Cap/Sales | 0.21% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 87.22% | ||
| Profit Quality | 283.29% | ||
| Current Ratio | 1.42 | ||
| Quick Ratio | 1.42 | ||
| Altman-Z | 0.75 |
F-Score7
WACC7.89%
ROIC/WACC0.41
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)103.81%
EPS 3Y7.94%
EPS 5Y21.84%
EPS Q2Q%13.46%
EPS Next YN/A
EPS Next 2YN/A
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)15.66%
Revenue growth 3Y19.39%
Revenue growth 5Y21.46%
Sales Q2Q%-0.16%
Revenue Next YearN/A
Revenue Next 2YN/A
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y38.64%
EBIT growth 3Y31.74%
EBIT growth 5Y37.57%
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-58.95%
FCF growth 3Y5.52%
FCF growth 5Y73.17%
OCF growth 1Y-59.46%
OCF growth 3Y5.63%
OCF growth 5Y58.99%