TIPTREE INC (TIPT)
US88822Q1031 - Common Stock
TIPT gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 141 industry peers in the Insurance industry. There are concerns on the financial health of TIPT while its profitability can be described as average. 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.
In multiple years TIPT reported negative net income over the last 5 years.
In the past 5 years TIPT always reported a positive cash flow from operatings.
1.2 Ratios
TIPT has a Return On Assets of 0.46%. This is in the lower half of the industry: TIPT underperforms 63.57% of its industry peers.
TIPT has a Return On Equity of 5.60%. This is in the lower half of the industry: TIPT underperforms 60.71% of its industry peers.
Looking at the Return On Invested Capital, with a value of 2.93%, TIPT is in the better half of the industry, outperforming 65.71% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for TIPT is in line with the industry average of 4.08%.
The 3 year average ROIC (2.34%) for TIPT is below the current ROIC(2.93%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.46% | ||
| ROE | 5.6% | ||
| ROIC | 2.93% |
ROA(3y)0.37%
ROA(5y)0.19%
ROE(3y)3.67%
ROE(5y)1.46%
ROIC(3y)2.34%
ROIC(5y)N/A
1.3 Margins
Looking at the Profit Margin, with a value of 1.35%, TIPT is doing worse than 69.29% of the companies in the same industry.
TIPT's Profit Margin has declined in the last couple of years.
TIPT has a Operating Margin of 5.92%. This is in the lower half of the industry: TIPT underperforms 61.43% of its industry peers.
TIPT's Gross Margin of 63.58% is amongst the best of the industry. TIPT outperforms 96.43% of its industry peers.
In the last couple of years the Gross Margin of TIPT has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 5.92% | ||
| PM (TTM) | 1.35% | ||
| GM | 63.58% |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5Y-26.13%
GM growth 3Y0.19%
GM growth 5Y2.81%
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.
TIPT has more shares outstanding than it did 5 years ago.
TIPT has a worse debt/assets ratio than last year.
2.2 Solvency
TIPT has an Altman-Z score of 0.66. This is a bad value and indicates that TIPT is not financially healthy and even has some risk of bankruptcy.
With a decent Altman-Z score value of 0.66, TIPT is doing good in the industry, outperforming 76.43% of the companies in the same industry.
TIPT has a debt to FCF ratio of 4.99. This is a neutral value as TIPT would need 4.99 years to pay back of all of its debts.
With a Debt to FCF ratio value of 4.99, TIPT is not doing good in the industry: 61.43% of the companies in the same industry are doing better.
A Debt/Equity ratio of 0.87 indicates that TIPT is somewhat dependend on debt financing.
TIPT's Debt to Equity ratio of 0.87 is on the low side compared to the rest of the industry. TIPT is outperformed by 81.43% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.87 | ||
| Debt/FCF | 4.99 | ||
| Altman-Z | 0.66 |
ROIC/WACC0.36
WACC8.07%
2.3 Liquidity
TIPT has a Current Ratio of 1.28. This is a normal value and indicates that TIPT is financially healthy and should not expect problems in meeting its short term obligations.
TIPT has a Current ratio of 1.28. This is amongst the best in the industry. TIPT outperforms 82.86% of its industry peers.
TIPT has a Quick Ratio of 1.28. This is a normal value and indicates that TIPT is financially healthy and should not expect problems in meeting its short term obligations.
TIPT's Quick ratio of 1.28 is amongst the best of the industry. TIPT outperforms 82.86% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.28 | ||
| Quick Ratio | 1.28 |
3. Growth
3.1 Past
TIPT shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 404.00%, which is quite impressive.
TIPT shows a very negative growth in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -11.55% yearly.
TIPT shows a strong growth in Revenue. In the last year, the Revenue has grown by 21.40%.
TIPT shows a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 21.38% yearly.
EPS 1Y (TTM)404%
EPS 3YN/A
EPS 5Y-11.55%
EPS growth Q2Q136.36%
Revenue 1Y (TTM)21.4%
Revenue growth 3Y26.72%
Revenue growth 5Y21.38%
Revenue growth Q2Q30.56%
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
A Price/Earnings ratio of 26.89 indicates a quite expensive valuation of TIPT.
Based on the Price/Earnings ratio, TIPT is valued a bit more expensive than 67.86% of the companies in the same industry.
TIPT's Price/Earnings ratio indicates a similar valuation than the S&P500 average which is at 28.43.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 26.89 | ||
| Fwd PE | N/A |
4.2 Price Multiples
83.57% of the companies in the same industry are more expensive than TIPT, based on the Enterprise Value to EBITDA ratio.
The rest of the industry has a similar Price/Free Cash Flow ratio as TIPT.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 7.79 | ||
| EV/EBITDA | 4.39 |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2YN/A
EPS Next 3YN/A
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 1.45%, TIPT has a reasonable but not impressive dividend return.
TIPT's Dividend Yield is comparable with the industry average which is at 4.13.
Compared to the average S&P500 Dividend Yield of 2.39, TIPT is paying slightly less dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.45% |
5.2 History
On average, the dividend of TIPT grows each year by 20.77%, which is quite nice.
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)20.77%
Div Incr Years1
Div Non Decr Years8
5.3 Sustainability
59.45% of the earnings are spent on dividend by TIPT. This is a bit on the high side, but may be sustainable.
TIPT's earnings are declining while the Dividend Rate has been growing. This means the dividend growth is most likely not sustainable.
DP59.45%
EPS Next 2YN/A
EPS Next 3YN/A
TIPTREE INC
NASDAQ:TIPT (5/10/2024, 7:22:56 PM)
After market: 17.21 0 (0%)17.21
+0.03 (+0.17%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupInsurance
GICS IndustryInsurance
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap632.98M
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.45% |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
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EPS beat(8)
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EPS beat(16)
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Revenue beat(2)
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PT rev (1m)
PT rev (3m)
EPS NQ rev (1m)
EPS NQ rev (3m)
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Revenue NQ rev (1m)
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Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 26.89 | ||
| Fwd PE | N/A | ||
| P/S | |||
| P/FCF | |||
| P/OCF | |||
| P/B | |||
| P/tB | |||
| EV/EBITDA |
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.46% | ||
| ROE | 5.6% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | 5.92% | ||
| PM (TTM) | 1.35% | ||
| GM | 63.58% | ||
| FCFM |
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover0.34
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.87 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 1.28 | ||
| Quick Ratio | 1.28 | ||
| Altman-Z |
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
Growth
EPS 1Y (TTM)404%
EPS 3YN/A
EPS 5Y
EPS growth Q2Q
EPS Next YN/A
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)21.4%
Revenue growth 3Y26.72%
Revenue growth 5Y
Revenue growth Q2Q
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y