ICC Holdings
Market Cap
US$41.3m
Last Updated
2019/12/07 00:48 UTC
Data Sources
Company Financials
Executive Summary
ICC Holdings, Inc., through its subsidiary, provides property and casualty insurance products to the food and beverage industry in the United States.
Snowflake Analysis
Proven track record and overvalued.
Similar Companies
Share Price & News
How has ICC Holdings's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: ICCH has not had significant price volatility in the past 3 months.
Market Performance
7 Day Return
0.7%
ICCH
-0.9%
US Insurance
-0.3%
US Market
1 Year Return
1.1%
ICCH
20.2%
US Insurance
18.6%
US Market
Return vs Industry: ICCH underperformed the US Insurance industry which returned 20.2% over the past year.
Return vs Market: ICCH underperformed the US Market which returned 18.6% over the past year.
Shareholder returns
| ICCH | Industry | Market | |
|---|---|---|---|
| 7 Day | 0.7% | -0.9% | -0.3% |
| 30 Day | 1.0% | 0.8% | 2.2% |
| 90 Day | -0.1% | 0.8% | 5.6% |
| 1 Year | 1.1%1.1% | 23.1%20.2% | 21.1%18.6% |
| 3 Year | n/a | 32.2%22.1% | 45.6%36.2% |
| 5 Year | n/a | 67.6%47.6% | 71.1%52.2% |
Price Volatility Vs. Market
How volatile is ICC Holdings's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall St
Do Insiders Own Lots Of Shares In ICC Holdings, Inc. (NASDAQ:ICCH)?1 month ago | Simply Wall St
Did You Manage To Avoid ICC Holdings's (NASDAQ:ICCH) 11% Share Price Drop?Valuation
Is ICC Holdings undervalued compared to its fair value and its price relative to the market?
30.3x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: ICCH ($13.65) is trading above our estimate of fair value ($0.55)
Significantly Below Fair Value: ICCH is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: ICCH is poor value based on its PE Ratio (30.3x) compared to the Insurance industry average (16.7x).
PE vs Market: ICCH is poor value based on its PE Ratio (30.3x) compared to the US market (18.5x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate ICCH's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: ICCH is good value based on its PB Ratio (0.7x) compared to the US Insurance industry average (1.2x).
Next Steps
Future Growth
How is ICC Holdings forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
5.7%
Forecasted Insurance industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as ICC Holdings has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
Next Steps
- Check out ICC Holdings's track record over time to understand how much the company has returned to shareholders and its earnings growth rate in the past.
- Explore growth companies in the Insurance industry.
Past Performance
How has ICC Holdings performed over the past 5 years?
-25.3%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ICCH has high quality earnings.
Growing Profit Margin: ICCH's current net profit margins (2.4%) are higher than last year (1.4%).
Past Earnings Growth Analysis
Earnings Trend: ICCH's earnings have declined by -25.3% per year over the past 5 years.
Accelerating Growth: ICCH's earnings growth over the past year (92.7%) exceeds its 5-year average (-25.3% per year).
Earnings vs Industry: ICCH earnings growth over the past year (92.7%) exceeded the Insurance industry -10.4%.
Return on Equity
High ROE: ICCH's Return on Equity (2.1%) is considered low.
Return on Assets
Return on Capital Employed
Next Steps
Financial Health
How is ICC Holdings's financial position? (This company is analysed differently as a bank or financial institution)
Financial Position Analysis
Debt to Equity History and Analysis
Balance Sheet
Inventory Level: ICCH has a low level of unsold assets or inventory.
Debt Coverage by Assets: ICCH's debt is covered by short term assets (assets are 11.4x debt).
Financial Institutions Analysis
Asset Level: ICCH's level of assets compared to its equity is low.
Allowance for Bad Loans: Insufficient data to determine if ICCH has a sufficient allowance for bad loans.
Low Risk Liabilities: ICCH reports no customer deposits, loans are made up entirely of externally borrowed funds.
Loan Level: Insufficient data to determine if ICCH has an acceptable proportion of non-loan assets held.
Low Risk Deposits: ICCH has advanced significantly more loans than the customer deposits it holds.
Level of Bad Loans: Insufficient data to determine if ICCH has an appropriate level of bad loans.
Next Steps
Dividend
What is ICC Holdings's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: Unable to evaluate ICCH's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate ICCH'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 ICCH's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if ICCH'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 ICCH's dividend in 3 years as they are not forecast to pay a notable one for the US market.
Next Steps
Management
What is the CEO of ICC Holdings's salary, the management and board of directors tenure and is there insider trading?
3.9yrs
Average management tenure
CEO
Arron Sutherland (51yo)
3.9yrs
Tenure
US$530,452
Compensation
Mr. Arron Keath Sutherland has been President and Chief Executive Officer of Illinois Casualty Company since 2010 and has been its Director since 2007. Mr. Sutherland serves as President at ICC Holdings, I ...
CEO Compensation Analysis
Compensation vs Market: Arron's total compensation ($USD530.45K) is about average for companies of similar size in the US market ($USD508.62K).
Compensation vs Earnings: Arron's compensation has been consistent with company performance over the past year.
Management Age and Tenure
3.9yrs
Average Tenure
51yo
Average Age
Experienced Management: ICCH's management team is considered experienced (3.9 years average tenure).
Board Age and Tenure
10.4yrs
Average Tenure
64yo
Average Age
Experienced Board: ICCH's board of directors are seasoned and experienced ( 10.4 years average tenure).
Insider Trading
Insider Buying: ICCH insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
| Entity | Individual |
| Role | Chief Executive Officer President |
| Shares | 900 |
| Max Price | US$13.91 |
| Entity | Individual |
| Role | Chief Financial Officer VP & Chief Financial Officer |
| Shares | 9,971 |
| Max Price | US$14.00 |
| Entity | Individual |
| Role | Member of the Board of Directors Independent Director |
| Shares | 2,000 |
| Max Price | US$13.75 |
| Entity | Individual |
| Role | Chief Financial Officer VP & Chief Financial Officer |
| Shares | 553 |
| Max Price | US$13.73 |
| Entity | Individual |
| Role | Chief Information Officer VP & Chief Information Officer |
| Shares | 322 |
| Max Price | US$13.38 |
| Entity | Individual |
| Role | Chief Executive Officer President |
| Shares | 1,000 |
| Max Price | US$13.85 |
| Entity | Individual |
| Role | Chief Executive Officer President |
| Shares | 887.5 |
| Max Price | US$13.95 |
| Entity | Individual |
| Role | Member of the Board of Directors Independent Director |
| Shares | 7,000 |
| Max Price | US$13.50 |
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Management Team
Arron Sutherland (51yo)
President
- Tenure: 3.9yrs
- Compensation: US$530.45k
Mike Smith (52yo)
VP & Chief Financial Officer
- Tenure: 3.6yrs
- Compensation: US$195.09k
Norman Schmeichel (50yo)
VP & Chief Information Officer
- Tenure: 8.9yrs
- Compensation: US$212.18k
Julia Suiter (52yo)
Chief Legal Officer
- Tenure: 3.6yrs
- Compensation: US$175.46k
Kathleen Springer (51yo)
Chief Human Resources Officer
- Tenure: 8.9yrs
Board Members
Richard Clinton (64yo)
Independent Director
- Tenure: 2.9yrs
- Compensation: US$30.00k
Chris Schmitt (62yo)
Independent Director
- Tenure: 4.9yrs
- Compensation: US$33.00k
Jim Dingman (64yo)
Independent Director
- Tenure: 10.9yrs
- Compensation: US$30.00k
Gerald Pepping (61yo)
Chairman of the Board
- Tenure: 3.9yrs
- Compensation: US$35.50k
Scott Burgess (71yo)
Independent Director
- Tenure: 5.9yrs
- Compensation: US$28.00k
Joel Heriford (62yo)
Independent Director
- Tenure: 15.9yrs
- Compensation: US$30.00k
John Klockau (67yo)
Independent Director
- Tenure: 15.9yrs
- Compensation: US$43.68k
Daniel Portes (65yo)
Independent Director
- Tenure: 9.9yrs
- Compensation: US$28.00k
Mark Schwab (69yo)
Independent Director
- Tenure: 11.9yrs
- Compensation: US$28.00k
Arron Sutherland (51yo)
President
- Tenure: 3.9yrs
- Compensation: US$530.45k
Company Information
ICC Holdings, Inc.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: ICC Holdings, Inc.
- Ticker: ICCH
- Exchange: NasdaqCM
- Founded: 1950
- Industry: Property and Casualty Insurance
- Sector: Insurance
- Market Cap: US$41.328m
- Shares outstanding: 3.01m
- Website: https://ir.iccholdingsinc.com
Number of Employees
Location
- ICC Holdings, Inc.
- 225 20th Street
- Rock Island
- Illinois
- 61201
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| ICCH | NasdaqCM (Nasdaq Capital Market) | Yes | Common Stock | US | USD | Mar 2017 |
Biography
ICC Holdings, Inc., through its subsidiary, provides property and casualty insurance products to the food and beverage industry in the United States. The company offers commercial multi-peril, liquor liabi ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2019/12/07 00:48 |
| End of Day Share Price | 2019/12/06 00:00 |
| Earnings | 2019/09/30 |
| Annual Earnings | 2018/12/31 |
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.