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Midwest Holding DB:6YV Stock Report

Last Price

€24.40

Market Cap

€91.8m

7D

0.8%

1Y

105.0%

Updated

23 Dec, 2023

Data

Company Financials +

6YV Stock Overview

Midwest Holding Inc., a financial services company, engages in life and annuity insurance business in the United States. More details

6YV fundamental analysis
Snowflake Score
Valuation0/6
Future Growth1/6
Past Performance0/6
Financial Health5/6
Dividends0/6

Rewards

Risk Analysis

No risks detected for 6YV from our risk checks.

My Notes

Capture your thoughts, links and company narrative

Midwest Holding Inc. Competitors

Price History & Performance

Summary of share price highs, lows and changes for Midwest Holding
Historical stock prices
Current Share PriceUS$24.40
52 Week HighUS$24.80
52 Week LowUS$11.70
Beta0.10
1 Month Change2.52%
3 Month Change0.83%
1 Year Change105.04%
3 Year Changen/a
5 Year Changen/a
Change since IPO-30.77%

Recent News & Updates

Recent updates

Shareholder Returns

6YVDE InsuranceDE Market
7D0.8%1.1%-0.1%
1Y105.0%22.0%7.4%

Return vs Industry: 6YV exceeded the German Insurance industry which returned 22.5% over the past year.

Return vs Market: 6YV exceeded the German Market which returned 9.5% over the past year.

Price Volatility

Is 6YV's price volatile compared to industry and market?
6YV volatility
6YV Average Weekly Movement1.7%
Insurance Industry Average Movement3.2%
Market Average Movement4.9%
10% most volatile stocks in DE Market11.8%
10% least volatile stocks in DE Market2.4%

Stable Share Price: 6YV has not had significant price volatility in the past 3 months.

Volatility Over Time: 6YV's weekly volatility has decreased from 18% to 2% over the past year.

About the Company

FoundedEmployeesCEOWebsite
200392Georgette Nicholaswww.midwestholding.com

Midwest Holding Inc., a financial services company, engages in life and annuity insurance business in the United States. The company offers multi-year guaranteed and fixed indexed annuity products through independent distributors comprising independent marketing organizations. It also provides asset management services to third-party insurers and reinsurers; and product development, distribution support, policy administration, and asset/liability management services.

Midwest Holding Inc. Fundamentals Summary

How do Midwest Holding's earnings and revenue compare to its market cap?
6YV fundamental statistics
Market cap€91.77m
Earnings (TTM)-€8.55m
Revenue (TTM)€85.39m

1.1x

P/S Ratio

-10.7x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
6YV income statement (TTM)
RevenueUS$94.04m
Cost of RevenueUS$29.12m
Gross ProfitUS$64.92m
Other ExpensesUS$74.33m
Earnings-US$9.41m

Last Reported Earnings

Sep 30, 2023

Next Earnings Date

n/a

Earnings per share (EPS)-2.51
Gross Margin69.03%
Net Profit Margin-10.01%
Debt/Equity Ratio113.9%

How did 6YV perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2023/12/23 16:38
End of Day Share Price 2023/12/19 00:00
Earnings2023/09/30
Annual Earnings2022/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Midwest Holding Inc. is covered by 2 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Matthew CarlettiJMP Securities
John BarnidgePiper Sandler Companies