Health Insurance Innovations, Inc. operates as a cloud-based technology platform and distributor of individual and family health insurance plans, and supplemental products in the United States.
Moderate growth potential with questionable track record.
Share Price & News
How has Health Insurance Innovations's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 0J3U has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: Insufficient data to determine how 0J3U performed against the UK Insurance industry.
Return vs Market: Insufficient data to determine how 0J3U performed against the UK Market.
Price Volatility Vs. Market
How volatile is Health Insurance Innovations's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is Health Insurance Innovations undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: 0J3U ($23.04) is trading above our estimate of fair value ($18.19)
Significantly Below Fair Value: 0J3U is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: 0J3U is poor value based on its PE Ratio (24.5x) compared to the Insurance industry average (14x).
PE vs Market: 0J3U is poor value based on its PE Ratio (24.5x) compared to the UK market (17.7x).
Price to Earnings Growth Ratio
PEG Ratio: 0J3U is poor value based on its PEG Ratio (1.8x)
Price to Book Ratio
PB vs Industry: 0J3U is overvalued based on its PB Ratio (4.6x) compared to the GB Insurance industry average (1.8x).
How is Health Insurance Innovations forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 0J3U's forecast earnings growth (13.4% per year) is above the savings rate (0.5%).
Earnings vs Market: 0J3U's earnings (13.4% per year) are forecast to grow faster than the UK market (13% per year).
High Growth Earnings: 0J3U's earnings are forecast to grow, but not significantly.
Revenue vs Market: 0J3U's revenue (8.9% per year) is forecast to grow faster than the UK market (3.8% per year).
High Growth Revenue: 0J3U's revenue (8.9% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if 0J3U's Return on Equity is forecast to be high in 3 years time
How has Health Insurance Innovations performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 0J3U has a high level of non-cash earnings.
Growing Profit Margin: 0J3U's current net profit margins (3.9%) are higher than last year (3.9%).
Past Earnings Growth Analysis
Earnings Trend: 0J3U has become profitable over the past 5 years, growing earnings by 46.1% per year.
Accelerating Growth: 0J3U's earnings growth over the past year (22.4%) is below its 5-year average (46.1% per year).
Earnings vs Industry: 0J3U earnings growth over the past year (22.4%) underperformed the Insurance industry 23.4%.
Return on Equity
High ROE: 0J3U's Return on Equity (16.7%) is considered low.
How is Health Insurance Innovations's financial position? (This company is analysed differently as a bank or financial institution)
Financial Position Analysis
Debt to Equity History and Analysis
Inventory Level: 0J3U has a low level of unsold assets or inventory.
Debt Coverage by Assets: 0J3U's debt is covered by short term assets (assets are 1.5x debt).
Financial Institutions Analysis
Asset Level: 0J3U's level of assets compared to its equity is low.
Allowance for Bad Loans: Insufficient data to determine if 0J3U has a sufficient allowance for bad loans.
Low Risk Liabilities: 0J3U reports no customer deposits, loans are made up entirely of externally borrowed funds.
Loan Level: Insufficient data to determine if 0J3U has an acceptable proportion of non-loan assets held.
Low Risk Deposits: 0J3U has advanced significantly more loans than the customer deposits it holds.
Level of Bad Loans: Insufficient data to determine if 0J3U has an appropriate level of bad loans.
What is Health Insurance Innovations's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate 0J3U's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate 0J3U's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if 0J3U's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if 0J3U's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of 0J3U's dividend in 3 years as they are not forecast to pay a notable one for the UK market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Gavin Southwell (41yo)
Mr. Gavin Southwell has been Chief Executive Officer of Health Insurance Innovations, Inc. since November 15, 2016 and has been its President since July 2016. Mr. Southwell served as a Consultant of Healt ...
CEO Compensation Analysis
Compensation vs Market: Gavin's total compensation ($USD2.24M) is above average for companies of similar size in the UK market ($USD840.76K).
Compensation vs Earnings: Gavin's compensation has been consistent with company performance over the past year.
|CFO, Treasurer & Secretary||0.3yrs||no data||0.23% $944.4k|
|Investor Relations contact||4.1yrs||no data||no data|
|Senior VP & General Counsel||0yrs||no data||no data|
|Chief Compliance Officer Counsel||0.7yrs||no data||no data|
|Vice President of Sales||0yrs||no data||no data|
|Senior Vice President of Finance||0yrs||no data||no data|
|Head of Strategic Initiatives Team||1.2yrs||no data||no data|
Experienced Management: 0J3U's management team is considered experienced (2.2 years average tenure).
|Non-Executive Chairman||3.3yrs||US$191.50k||0.58% $2.4m|
|Independent Director||7yrs||US$137.50k||0.22% $925.6k|
|Independent Director||5.3yrs||US$137.50k||0.34% $1.4m|
|Independent Director||0.8yrs||no data||0.027% $110.6k|
|Independent Director||2.2yrs||US$130.00k||0.11% $444.6k|
|Independent Director||6.9yrs||US$151.50k||0.57% $2.3m|
|Independent Director||0.8yrs||no data||0.027% $110.6k|
Experienced Board: 0J3U's board of directors are considered experienced (3.3 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: 0J3U insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Health Insurance Innovations, Inc.'s company bio, employee growth, exchange listings and data sources
- Name: Health Insurance Innovations, Inc.
- Ticker: 0J3U
- Exchange: LSE
- Founded: 2008
- Industry: Insurance Brokers
- Sector: Insurance
- Implied Market Cap: US$415.453m
- Market Cap: US$385.736m
- Shares outstanding: 14.21m
- Website: https://www.hiiq.com
Number of Employees
- Health Insurance Innovations, Inc.
- 15438 North Florida Avenue
- Suite 201
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|HIIQ||NasdaqGM (Nasdaq Global Market)||Yes||Class A Common Stock||US||USD||Feb 2013|
|6LN||DB (Deutsche Boerse AG)||Yes||Class A Common Stock||DE||EUR||Feb 2013|
|0J3U||LSE (London Stock Exchange)||Yes||Class A Common Stock||GB||USD||Feb 2013|
Health Insurance Innovations, Inc. operates as a cloud-based technology platform and distributor of individual and family health insurance plans, and supplemental products in the United States. It offers short-term medical plans that provide 3 months to 12 months of health insurance coverage with various deductible and copay levels; health benefit insurance plans, which offer fixed cash benefits and additional benefits for procedures and services; and supplemental insurance products, including life insurance policies, dental plans, vision plans, cancer/critical illness plans, deductible and gap protection plans, and pharmacy benefit cards. The company offers individual and family health insurance plans, and supplemental products in concert with insurance carriers and discount benefit providers; and markets them to individuals through a network of distributors. Health Insurance Innovations, Inc. was founded in 2008 and is based in Tampa, Florida.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/25 23:51|
|End of Day Share Price||2020/01/29 00:00|
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.