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Atlas Financial Holdings

Nasdaq:AFH
Snowflake Description

Moderate growth potential and overvalued.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
AFH
Nasdaq
$6M
Market Cap
  1. Home
  2. US
  3. Insurance
Company description

Atlas Financial Holdings, Inc., through its subsidiaries, engages in underwriting commercial automobile insurance policies in the United States. The last earnings update was 142 days ago. More info.


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  • Atlas Financial Holdings has significant price volatility in the past 3 months.
AFH Share Price and Events
7 Day Returns
-4.7%
NasdaqGM:AFH
-1.8%
US Insurance
-0.9%
US Market
1 Year Returns
-93.9%
NasdaqGM:AFH
13.2%
US Insurance
3.8%
US Market
AFH Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Atlas Financial Holdings (AFH) -4.7% -33.3% -66.4% -93.9% -96.9% -96.3%
US Insurance -1.8% 1.2% 7.6% 13.2% 37.3% 51.4%
US Market -0.9% 1.1% 1.1% 3.8% 35.5% 42.1%
1 Year Return vs Industry and Market
  • AFH underperformed the Insurance industry which returned 13.2% over the past year.
  • AFH underperformed the Market in United States of America which returned 3.8% over the past year.
Price Volatility
AFH
Industry
5yr Volatility vs Market

AFH Value

 Is Atlas Financial Holdings undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for Atlas Financial Holdings. This is due to cash flow or dividend data being unavailable. The share price is $0.5303.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Atlas Financial Holdings's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Atlas Financial Holdings's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
NasdaqGM:AFH PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in USD $-3.08
NasdaqGM:AFH Share Price ** NasdaqGM (2019-07-23) in USD $0.53
United States of America Insurance Industry PE Ratio Median Figure of 89 Publicly-Listed Insurance Companies 17.41x
United States of America Market PE Ratio Median Figure of 3,083 Publicly-Listed Companies 17.8x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Atlas Financial Holdings.

NasdaqGM:AFH PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= NasdaqGM:AFH Share Price ÷ EPS (both in USD)

= 0.53 ÷ -3.08

-0.17x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Atlas Financial Holdings is loss making, we can't compare its value to the US Insurance industry average.
  • Atlas Financial Holdings is loss making, we can't compare the value of its earnings to the United States of America market.
Price based on expected Growth
Does Atlas Financial Holdings's expected growth come at a high price?
Raw Data
NasdaqGM:AFH PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -0.17x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts
150.5%per year
United States of America Insurance Industry PEG Ratio Median Figure of 62 Publicly-Listed Insurance Companies 1.72x
United States of America Market PEG Ratio Median Figure of 2,118 Publicly-Listed Companies 1.58x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Atlas Financial Holdings, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Atlas Financial Holdings's assets?
Raw Data
NasdaqGM:AFH PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in USD $4.09
NasdaqGM:AFH Share Price * NasdaqGM (2019-07-23) in USD $0.53
United States of America Insurance Industry PB Ratio Median Figure of 118 Publicly-Listed Insurance Companies 1.24x
United States of America Market PB Ratio Median Figure of 5,249 Publicly-Listed Companies 1.78x
NasdaqGM:AFH PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NasdaqGM:AFH Share Price ÷ Book Value per Share (both in USD)

= 0.53 ÷ 4.09

0.13x

* Primary Listing of Atlas Financial Holdings.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Atlas Financial Holdings is good value based on assets compared to the US Insurance industry average.
X
Value checks
We assess Atlas Financial Holdings's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Insurance industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Insurance industry average (and greater than 0)? (1 check)
  5. Atlas Financial Holdings has a total score of 1/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

AFH Future Performance

 How is Atlas Financial Holdings expected to perform in the next 1 to 3 years based on estimates from 1 analyst?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
150.5%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Atlas Financial Holdings expected to grow at an attractive rate?
  • Atlas Financial Holdings's earnings growth is expected to exceed the low risk savings rate of 2.7%.
Growth vs Market Checks
  • Atlas Financial Holdings's earnings growth is expected to exceed the United States of America market average.
  • Atlas Financial Holdings's revenues are expected to decrease over the next 1-3 years, this is below the United States of America market average.
Annual Growth Rates Comparison
Raw Data
NasdaqGM:AFH Future Growth Rates Data Sources
Data Point Source Value (per year)
NasdaqGM:AFH Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts 150.5%
NasdaqGM:AFH Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 1 Analysts -8.5%
United States of America Insurance Industry Earnings Growth Rate Market Cap Weighted Average 8.5%
United States of America Insurance Industry Revenue Growth Rate Market Cap Weighted Average 3.5%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 14%
United States of America Market Revenue Growth Rate Market Cap Weighted Average 7.3%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
NasdaqGM:AFH Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (6 months ago) See Below
Future Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
NasdaqGM:AFH Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2020-12-31 191 8 1
2019-12-31 187 3 1
NasdaqGM:AFH Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2018-12-31 222 -37
2018-09-30 229 -9 -38
2018-06-30 230 9 -38
2018-03-31 229 30 -38
2017-12-31 222 26 -39
2017-09-30 209 27 2
2017-06-30 197 11 3
2017-03-31 185 0 2
2016-12-31 178 0 2
2016-09-30 175 0 20
2016-06-30 172 10 18
2016-03-31 169 12 17

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Atlas Financial Holdings's earnings are expected to grow significantly at over 20% yearly.
  • Atlas Financial Holdings's revenue is expected to decrease over the next 1-3 years, this is not considered high growth.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
NasdaqGM:AFH Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (6 months ago) See Below
Future Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below

All data from Atlas Financial Holdings Company Filings, last reported 6 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NasdaqGM:AFH Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2020-12-31 0.65 0.65 0.65 1.00
2019-12-31 0.25 0.25 0.25 1.00
NasdaqGM:AFH Past Financials Data
Date (Data in USD Millions) EPS *
2018-12-31 -3.08
2018-09-30 -3.12
2018-06-30 -3.16
2018-03-31 -3.15
2017-12-31 -3.22
2017-09-30 0.16
2017-06-30 0.26
2017-03-31 0.21
2016-12-31 0.20
2016-09-30 1.68
2016-06-30 1.47
2016-03-31 1.40

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Atlas Financial Holdings is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess Atlas Financial Holdings's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United States of America market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Atlas Financial Holdings has a total score of 3/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

AFH Past Performance

  How has Atlas Financial Holdings performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Atlas Financial Holdings's growth in the last year to its industry (Insurance).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Atlas Financial Holdings does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare Atlas Financial Holdings's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Atlas Financial Holdings's 1-year growth to the US Insurance industry average as it is not currently profitable.
Earnings and Revenue History
Atlas Financial Holdings's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Atlas Financial Holdings Company Filings, last reported 6 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NasdaqGM:AFH Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 221.77 -36.89
2018-09-30 228.68 -37.59 1.14
2018-06-30 230.37 -38.07 1.14
2018-03-31 229.34 -38.13 1.14
2017-12-31 221.98 -38.81 1.18
2017-09-30 209.28 1.88 1.28
2017-06-30 197.16 3.18 1.38
2017-03-31 184.65 2.49 1.48
2016-12-31 177.58 2.37 1.61
2016-09-30 174.53 20.23 1.86
2016-06-30 172.27 17.75 1.89
2016-03-31 168.74 16.78 1.83
2015-12-31 156.85 14.15 1.82
2015-09-30 142.00 19.34 1.41
2015-06-30 125.33 18.86 1.29
2015-03-31 109.75 17.54 1.26
2014-12-31 101.62 17.61 1.47
2014-09-30 94.15 10.33 1.31
2014-06-30 86.32 10.26 1.07
2014-03-31 80.14 9.20 0.83
2013-12-31 74.01 7.36 0.25
2013-09-30 65.93 6.25 0.30
2013-06-30 59.68 4.30 0.24
2013-03-31 50.32 2.75 0.14
2012-12-31 42.79 2.36 0.11
2012-09-30 41.16 -1.91 0.03

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Atlas Financial Holdings has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Atlas Financial Holdings has efficiently used its assets last year compared to the US Insurance industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Atlas Financial Holdings improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Atlas Financial Holdings's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Insurance industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Atlas Financial Holdings has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

AFH Health

 How is Atlas Financial Holdings's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Atlas Financial Holdings's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Atlas Financial Holdings's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • Atlas Financial Holdings's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Atlas Financial Holdings's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • Debt is covered by short term assets, assets are 9.7x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Atlas Financial Holdings Company Filings, last reported 6 months ago.

NasdaqGM:AFH Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 48.83 24.26 39.65
2018-09-30 101.86 24.20 53.87
2018-06-30 96.22 24.14 52.71
2018-03-31 91.39 24.09 52.69
2017-12-31 90.65 24.03 45.62
2017-09-30 144.40 23.98 40.17
2017-06-30 138.86 23.94 49.23
2017-03-31 132.68 19.20 35.38
2016-12-31 127.34 19.19 29.89
2016-09-30 146.59 19.17 28.51
2016-06-30 142.96 17.65 22.44
2016-03-31 136.34 17.64 17.30
2015-12-31 129.62 17.22 22.35
2015-09-30 128.19 17.50 21.04
2015-06-30 121.11 18.00 15.96
2015-03-31 117.96 2.00 24.15
2014-12-31 109.40 0.00 36.59
2014-09-30 99.47 0.00 41.82
2014-06-30 96.16 0.00 42.15
2014-03-31 67.40 0.00 10.35
2013-12-31 63.70 0.00 9.81
2013-09-30 55.58 7.98 8.69
2013-06-30 69.58 0.00 25.26
2013-03-31 70.20 0.00 23.77
2012-12-31 59.86 0.00 19.91
2012-09-30 59.10 0.00 12.15
  • Atlas Financial Holdings's level of debt (49.7%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (0% vs 49.7% today).
  • Operating cash flow is negative therefore debt is not well covered.
  • Unable to confirm if the interest payments on Atlas Financial Holdings's debt are well covered by earnings due to lack of past financial data.
X
Financial health checks
We assess Atlas Financial Holdings's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Atlas Financial Holdings has a total score of 1/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

AFH Dividends

 What is Atlas Financial Holdings's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Atlas Financial Holdings dividends.
If you bought $2,000 of Atlas Financial Holdings shares you are expected to receive $0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Atlas Financial Holdings's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Atlas Financial Holdings's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
NasdaqGM:AFH Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below
United States of America Insurance Industry Average Dividend Yield Market Cap Weighted Average of 80 Stocks 2.3%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 2017 Stocks 2.4%
United States of America Minimum Threshold Dividend Yield 10th Percentile 0.8%
United States of America Bottom 25% Dividend Yield 25th Percentile 1.4%
United States of America Top 25% Dividend Yield 75th Percentile 3.8%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

NasdaqGM:AFH Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
2020-12-31
2019-12-31

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Atlas Financial Holdings has not reported any payouts.
  • Unable to verify if Atlas Financial Holdings's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Atlas Financial Holdings's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Atlas Financial Holdings has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Atlas Financial Holdings's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Atlas Financial Holdings afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Atlas Financial Holdings has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

AFH Management

 What is the CEO of Atlas Financial Holdings's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Scott Wollney
COMPENSATION $582,711
AGE 50
TENURE AS CEO 8.6 years
CEO Bio

Mr. Scott David Wollney has been the Chief Executive Officer and President of Atlas Financial Holdings, Inc. since December 31, 2010. Mr. Wollney served as Chief Executive Officer and President of Kingsway America Inc. a subsidiary of Kingsway Financial Services Inc. since July 19, 2009. He served as Chief Executive Officer and President of the Commercial Lines Business from April 1, 2009 to July 18, 2009. Mr. Wollney served as Chief Executive Officer and President of Lincoln General Insurance Company from May 13, 2008 to March 31, 2009. Mr. Wollney served as President of Avalon Risk Management, Inc., from 2002 to May 2008. Mr. Wollney was a Co-Founder of Avalon subsidiary over 10 years ago and has over 18 years experience in transportation related and surety insurance. He has been a Director of Atlas Financial Holdings, Inc. since December 31, 2010 and 1347 Property Insurance Holdings, Inc. since March 30, 2015. He is a sub-committee member in the U.S. Customs and Border Protection Trade Support Network and received the Transportation Intermediaries a subsidiary of sociations Industry Advancement Award. Mr. Wollney holds an MBA with a dual concentration in Finance and Strategy from Northwestern University's, Kellogg School of Management in 2000 and a Bachelor of Arts degree from the University of Illinois in 1991.

CEO Compensation
  • Scott's compensation has been consistent with company performance over the past year, both up more than 20%.
  • Insufficient data for Scott to establish whether their remuneration is reasonable compared to companies of similar size in United States of America.
Management Team Tenure

Average tenure and age of the Atlas Financial Holdings management team in years:

8.6
Average Tenure
55
Average Age
  • The average tenure for the Atlas Financial Holdings management team is over 5 years, this suggests they are a seasoned and experienced team.
Management Team

Scott Wollney

TITLE
CEO, President & Director
COMPENSATION
$583K
AGE
50
TENURE
8.6 yrs

Paul Romano

TITLE
VP & CFO
COMPENSATION
$287K
AGE
57
TENURE
8.6 yrs

Leslie DiMaggio

TITLE
Vice President of Operations & IT
COMPENSATION
$253K
AGE
50
TENURE
8.6 yrs

Adam Prior

TITLE
Senior Vice President
TENURE
7.5 yrs

Bruce Giles

TITLE
Vice President of Underwriting
COMPENSATION
$246K
AGE
60
TENURE
8.6 yrs

Joe Shugrue

TITLE
Vice President of Claims
COMPENSATION
$249K
AGE
55
TENURE
8.6 yrs
Board of Directors Tenure

Average tenure and age of the Atlas Financial Holdings board of directors in years:

7.4
Average Tenure
50.5
Average Age
  • The tenure for the Atlas Financial Holdings board of directors is about average.
Board of Directors

Gordon Pratt

TITLE
Independent Chairman of the Board
COMPENSATION
$175K
AGE
57
TENURE
8.6 yrs

Scott Wollney

TITLE
CEO, President & Director
COMPENSATION
$583K
AGE
50
TENURE
8.6 yrs

Jordan Kupinsky

TITLE
Director
COMPENSATION
$165K
AGE
46
TENURE
9.6 yrs

JT Fitzgerald

TITLE
Director
COMPENSATION
$55K
AGE
48
TENURE
6.2 yrs

Wally Walker

TITLE
Director
COMPENSATION
$30K
AGE
64
TENURE
2.1 yrs

Ron Konezny

TITLE
Independent Director
AGE
51
TENURE
1 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price ($) Value ($)
X
Management checks
We assess Atlas Financial Holdings's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Atlas Financial Holdings has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

AFH News

Simply Wall St News

Is Atlas Financial Holdings, Inc.'s (NASDAQ:AFH) CEO Paid Enough Relative To Peers?

First, this article will compare CEO compensation with compensation at similar sized companies. … How Does Scott Wollney's Compensation Compare With Similar Sized Companies. … has a market capitalization of US$31m, and pays its CEO total annual compensation worth US$583k.

Simply Wall St -

What Kind Of Share Price Volatility Should You Expect For Atlas Financial Holdings, Inc. (NASDAQ:AFH)?

In finance, Beta is a measure of volatility. … Some investors use beta as a measure of how much a certain stock is impacted by market risk (volatility). … While we should keep in mind that Warren Buffett has cautioned that 'Volatility is far from synonymous with risk', beta is still a useful factor to consider.

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Do Insiders Own Lots Of Shares In Atlas Financial Holdings, Inc. (NASDAQ:AFH)?

Every investor in Atlas Financial Holdings, Inc. … Atlas Financial Holdings is a smaller company with a market capitalization of US$106m, so it may still be flying under the radar of many institutional investors. … Check out our latest analysis for Atlas Financial Holdings

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Read This Before Buying Atlas Financial Holdings, Inc. (NASDAQ:AFH) Shares

Unfortunately, there are also plenty of examples of share prices declining precipitously after insiders have sold shares. … So we'll take a look at whether insiders have been buying or selling shares in Atlas Financial Holdings, Inc. … All up, insiders sold more shares in Atlas Financial Holdings than they bought, over the last year

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How Does Investing In Atlas Financial Holdings Inc (NASDAQ:AFH) Impact The Volatility Of Your Portfolio?

Some investors use beta as a measure of how much a certain stock is impacted by market risk (volatility). … A stock with a beta below one is either less volatile than the market, or more volatile but not corellated with the overall market. … In comparison a stock with a beta of over one tends to be move in a similar direction to the market in the long term, but with greater changes in price.

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What Does Atlas Financial Holdings Inc's (NASDAQ:AFH) Share Price Indicate?

Atlas Financial Holdings Inc (NASDAQ:AFH), a insurance company based in United States,. … A question to answer is whether Atlas Financial Holdings's current trading price of $9.55 reflective of the actual value of the? … Let’s take a look at Atlas Financial Holdings’s outlook and value based on the most recent financial data to see if there are any catalysts for a price change

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Who Are The Largest Shareholders In Atlas Financial Holdings Inc (NASDAQ:AFH)?

View our latest analysis for Atlas Financial Holdings NasdaqGM:AFH Ownership_summary May 7th 18 Institutional Ownership In AFH's case, institutional ownership stands at 94.89%, significant enough to cause considerable price moves in the case of large institutional transactions, especially when there is a low level of public shares available on the market to trade. … Insider Ownership Another important group of shareholders are company insiders. … Thus, investors not need worry too much about the consequences of these holdings.Next Steps: AFH's considerably high level of institutional ownership calls for further analysis into its margin of safety.

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At $11, Is It Time To Buy Atlas Financial Holdings Inc (NASDAQ:AFH)?

Let’s take a look at Atlas Financial Holdings’s outlook and value based on the most recent financial data to see if there are any catalysts for a price change. … I find that Atlas Financial Holdings’s ratio of 1.48x is trading slightly above its industry peers’ ratio of 1.32x, which means if you buy Atlas Financial Holdings today, you’d be paying a relatively fair price for it. … And if you believe that Atlas Financial Holdings should be trading at this level in the long run, there’s only an insignificant downside when the price falls to its real value.

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What You Must Know About Atlas Financial Holdings Inc's (NASDAQ:AFH) 1.33% ROE

Atlas Financial Holdings Inc’s (NASDAQ:AFH) most recent return on equity was a substandard 1.33% relative to its industry performance of 9.43% over the past year. … Check out our latest analysis for Atlas Financial Holdings Peeling the layers of ROE – trisecting a company’s profitability Return on Equity (ROE) weighs Atlas Financial Holdings’s profit against the level of its shareholders’ equity. … For now, let’s just look at the cost of equity number for Atlas Financial Holdings, which is 8.49%.

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Does Atlas Financial Holdings Inc's (NASDAQ:AFH) Past Performance Indicate A Weaker Future?

When Atlas Financial Holdings Inc (NASDAQ:AFH) announced its most recent earnings (30 September 2017), I compared it against two factor: its historical earnings track record, and the performance of its industry peers on average. … For Atlas Financial Holdings, its most recent trailing-twelve-month earnings is US$1.88M, which, relative to the previous year's figure, has plunged by a significant -90.71%. … Atlas Financial Holdings's track record can be a valuable insight into its earnings performance, but it certainly doesn't tell the whole story.

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AFH Company Info

Description

Atlas Financial Holdings, Inc., through its subsidiaries, engages in underwriting commercial automobile insurance policies in the United States. Its automobile insurance products provide insurance coverage in three primary areas, including liability, accident benefits, and physical damage. The company focuses on the light commercial automobile sector, including taxi cabs, non-emergency para-transit, limousine, livery, and business autos. The company distributes its insurance products through a network of retail independent agents. Atlas Financial Holdings, Inc. is headquartered in Schaumburg, Illinois.

Details
Name: Atlas Financial Holdings, Inc.
AFH
Exchange: NasdaqGM
Founded:
$6,330,175
11,936,970
Website: http://www.atlas-fin.com
Address: Atlas Financial Holdings, Inc.
953 American Lane,
3rd Floor,
Schaumburg,
Illinois, 60173,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NasdaqGM AFH Ordinary Voting Common Shares Nasdaq Global Market US USD 07. Jan 2011
NasdaqGM AFHB.L 6.625 SR NT 22 Nasdaq Global Market US USD 16. May 2017
Number of employees
Current staff
Staff numbers
264
Atlas Financial Holdings employees.
Industry
Property and Casualty Insurance
Insurance
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/07/24 02:32
End of day share price update: 2019/07/23 00:00
Last estimates confirmation: 2019/07/11
Last earnings filing: 2019/03/04
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.